Agoracom Blog

VIDEO – Universal PropTech $UPI Secures Investment and Rights To Finger Scan Test Designed To Detect COVID-19 In Less Than A Minute $AAT.ca $LPS.ca $EGT.ca

Posted by AGORACOM-JC at 6:04 PM on Thursday, February 18th, 2021

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, which is why many companies are trying to capitalize on the rapidly growing paradigm shift, while Universal PropTech (UPI:TSXV) is actually delivering healthy building solutions developers, owners and operators across Canada. 

More than just lip service, UPI clients include:

· Federal Government facilities for over 40 years 

· Manulife 

· Brookfield 

· Billy Bishop Airport 

· University of Toronto 

· …. and many more 

As a result, UPI has generated $35,000,000+ in revenue over the past 3 year – a number most small cap companies would be very happy with.  But newly appointed Chief Growth Officer, Frank Carnevale sees a much bigger opportunity by winning exclusive licenses and partnerships with providers of great products that can significantly grow company revenues … and he has delivered pretty strongly against this mission statement in 2021. 

BUT TODAY HE TOOK A GIANT LEAP FORWARD 

The press release headline says it all:

Universal PropTech Inc. Invests in and Secures defined Agency Rights for ISBRG Corp.’s SpotLight-19(C) Technology Designed to Detect Covid-19 Non-Invasively in Under One Minute  

In short, this technology takes a non-invasive scan of a person’s finger with a harmless beam of light designed to provide confirmation of Covid-19 infection in less than 1 minute.  

How significant is this announcement and what does it mean to the Company’s growth? 

Watch our interview with CGO Carnevale to learn all about it. 

VIDEO – Victory Square Technologies $VST.ca $VSQTF Is Spearheading the Fourth Industrial Revolution with a Unique Approach to Start-Up Investment $DBO.ca $NTAR.ca $SEV.ca $YDX.ca

Posted by AGORACOM-JC at 5:44 PM on Thursday, February 18th, 2021

Where does sweet spot lay for the cutting-edge tech that’s shaping the Fourth Industrial Revolution?

For the pioneers at Victory Square Technologies, the solution starts with building, acquiring and investing in promising start-ups, before providing them with the senior leadership and resources needed for fast-track growth.

  • One of those companies is our very own FansUnite (FANS / FUNFF) the small-cap iGaming Super company which hit a 52-week high this week.
  • Acquired for $2m in stock, taken public @ $25m market cap, it currently trades @ $254m market cap.

Highlights:

Across its portfolio of more than 20 global companies, $VST.ca covers:

  • Artificial Intelligence
  • Virtual Reality / Augmented Reality
  • Blockchain
  • Fintech
  • Health-tech
  • Gaming
  • Sports Betting
  • SaaS

And the numbers?

  •  Q3 – Record Net Income of $8.89m and EPS $0.12 cents per share in Q3.
  • 9M – $13.6M and EPS of $0.18 cents for the 9 months ended Sept 2020

The result is rapid scale-up and monetization, with a solid record of public and private exits – including at least two companies listing in 2021.

From its recent acquisition of Hydreight, to the direct listings of Immersive Tech & GameOn, to the string of recent exec appointments including Mike Vorhous and J. Moses… there’s a lot of ground to cover here. 

So, you’re going to want to get comfy for this interview with Shafin Diamond Tejani, CEO and founder of Victory Square Technologies:

VIDEO – As Empower Clinics $CBDT.ca $EPWCF Makes New Highs On Multiple Major Announcements, CEO McAuley Discusses Why $100M Clinic Revenue Is Stage 1 – And Much More Is Coming $WELL.ca $DOC.ca $DOCRF $VMD.ca

Posted by AGORACOM-JC at 5:27 PM on Thursday, February 18th, 2021

When we conduct a “Beyond The Press Release” interview, it is always about A press release …. but Empower Clinics has been moving so fast that we sat down with CEO Steve McAuley to discuss these THREE press releases, the explosive growth of the Company and where it is going:

  • Partnership With Rexall To Launch Integrated Health Centres
  • Surpassed 1,000 COVID-19 tests on 1 day for first time ever … 3X Lab Expansion
  • Secured Medical Device Establishment License (MDEL) To Sell KAI Saliva

As usual, Six Sigma Steve McAuley doesn’t disappoint as he confidently and clearly tells investors where Empower Clinics is going next.

Harborside Inc. $HBOR $HBORF Announces Closing of Upsized Private Placement For Gross Proceeds of C$35,103,045 $VFF.ca $HARV.ca $ACB.ca

Posted by AGORACOM at 3:56 PM on Thursday, February 18th, 2021

Harborside Inc. (“Harborside”, or the “Company) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce that it has closed its previously announced upsized brokered private placement of units of the Company at a price of C$2.55 per SVS Unit (as defined below) and C$255.00 per MVS Unit (as defined below) for aggregate gross proceeds of C$35,103,045 (the “Offering”). Beacon Securities Limited and ATB Capital Markets acted as co-lead agents in connection with the Offering (the “Agents”).

“We are very pleased with the strong investor interest and demand we received during our recent upsized offering,” said Peter Bilodeau, Interim CEO of Harborside. “With a strengthened balance sheet, Harborside is well positioned to further accelerate our growth as we enter 2021. We remain focused on continuing to build scale in the California market by optimizing and generating further efficiencies at our Salinas farm while continuing to provide best-in-class retail experiences and the high-quality cannabis products our customers in California have come to expect from Harborside.”

Each unit issued to non-residents of the United States (an “SVS Unit”) is comprised of one subordinate voting share of the Company (a “Subordinate Voting Share”) and one Subordinate Voting Share purchase warrant (a “Warrant”) of the Company. Each Warrant underlying an SVS Unit is exercisable to acquire one Subordinate Voting Share of the Company for a period of 36 months following closing of the Offering (the “Closing”) at an exercise price of C$3.69 per Subordinate Voting Share, subject to adjustment and acceleration in certain events. A total of 5,806,700 SVS Units were issued pursuant to the Offering.

All investors that are considered residents of the United States under the United States Securities Exchange Act of 1934 were issued units (each, an “MVS Unit”) comprised of multiple voting shares of the Company (the “Multiple Voting Shares”) and Multiple Voting Share purchase warrants of the Company, based on the same economic equivalency of each Multiple Voting Share converting into 100 Subordinate Voting Shares. The Multiple Voting Shares are intended to minimize the proportion of the outstanding voting securities of the Company that are held by residents of the United States for purposes of determining whether the Company is a “foreign private issuer”. The holders of Multiple Voting Shares are entitled to one vote in respect of each Subordinate Voting Share into which such Multiple Voting Share could be converted, and as such the Multiple Voting Shares do not necessarily hold voting rights that are superior to the holders of Subordinate Voting Shares, on an as converted to Subordinate Voting Shares basis.  A total of 79,592 MVS Units were issued pursuant to the Offering.

In consideration for their services, the Company paid the Agents a cash commission equal to C$1,451,340.75 and issued the Agents an aggregate of 569,154 broker warrants (“Broker Warrants”). Each Broker Warrant is exercisable to acquire, within 12 months from Closing, one SVS Unit at an exercise price of C$2.55 per SVS Unit.

Read More: https://agoracom.com/ir/HarborsideInc/forums/discussion/topics/755620-harborside-inc-announces-closing-of-upsized-private-placement-for-gross-proceeds-of-c-35-103-045/messages/2304273#message

PyroGenesis $PYR.ca Provides Update on its Listing Application with #NASDAQ $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 2:45 PM on Thursday, February 18th, 2021
  • Company is pleased to announce that the United States Securities and Exchange Commission (SEC) has recently approved PyroGenesis’ Shares for listing in the US.
  • The only remaining request from the SEC, before rendering the Company’s Shares effective, is that upon final NASDAQ acceptance, the Company provides the SEC with at least 3 days’ prior notice of its intended listing date.

MONTREAL, Feb. 18, 2021 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to provide, further to its Press Release dated February 2 nd , 2021, an update on the Company’s application to list its common shares (“Shares”) on the NASDAQ Stock Exchange (“NASDAQ”). NASDAQ is the second largest exchange by market capitalization worldwide, and is home to many of the world’s best technology companies.

The Company is pleased to announce that the United States Securities and Exchange Commission (SEC) has recently approved PyroGenesis’ Shares for listing in the US. The only remaining request from the SEC, before rendering the Company’s Shares effective, is that upon final NASDAQ acceptance, the Company provides the SEC with at least 3 days’ prior notice of its intended listing date.

With respect to the NASDAQ application, the Company is pleased to announce that it believes it has responded to all questions to the full satisfaction of the exchange. The last outstanding item at this time, before final NASDAQ acceptance, is to have the Company’s Shares become eligible for electronic clearing and settlement through the Depository Trust Company (DTC). DTC eligibility is required in order to create a seamless electronic process of trading and thereby enhance liquidity of the Company’s Shares. This is currently in process with DTC.

As previously disclosed, there will not be a concurrent financing associated with this listing nor will there be a reverse stock split.

“We are pleased to be in the final moments before a NASDAQ listing,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “We have been extremely satisfied with the increased visibility our recent uplisting to Canada’s premiere exchange, the Toronto Stock Exchange (TSX), has had. We expect this move to NASDAQ will further increase awareness of PyroGenesis and its offerings, both within the financial community and amongst potential clients. Upon final NASDAQ approval, the Board of Directors of PyroGenesis will choose a listing date that will be most beneficial to the Company while taking into consideration other events that are taking place.”

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/755616-pyrogenesis-provides-update-on-its-listing-application-with-nasdaq/messages/2304266#message

Loncor $LN.ca $LONCF Announces Significant Gold Mineralization at Depth from its Flagship Adumbi Deposit $ABX $NGT $GOLD $TECK

Posted by AGORACOM at 11:58 AM on Thursday, February 18th, 2021
This image has an empty alt attribute; its file name is Loncor-Small-Square.png
  • Deepest borehole at Adumbi intersects 55.43 metres grading 2.76 g/t Au including 12.45 metres grading 8.11 g/t Au
  • Significant widths and grades will increase the current inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at Adumbi

Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce further significant assay results from its drilling program within its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The deepest borehole drilled to date at its flagship Adumbi deposit, LADD007 intersected 55.43 metres grading 2.76 g/t gold (including 12.45 metres grading 8.11 g/t Au). Assay results were also received for core hole LADD006, which was a shallower hole drilled on the northeastern contact of the Adumbi deposit, with expected grades and widths.

Mineralized sections for boreholes LADD007 and LADD006 are summarised in the table below:

Borehole
Number
From (m)To (m)Intersected 
Width (m)
Grade (g/t) Au
LADD00799.95107.807.851.45
LADD007540.62596.0555.432.76
LADD007
including
583.60596.0512.458.11
LADD007607.90611.273.374.61
     
LADD006299.37302.252.882.64
LADD006308.00309.001.0021.20
LADD006322.10337.3015.201.67
LADD006353.35357.854.503.25

Borehole LADD007 had an inclination of minus 68 degrees and azimuth of 218 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 approximately 89% of the intersected width. All intercepted grades are uncut. Borehole LADD007 intersected the mineralization at a depth of 100 metres below S52 and approximately 40 metres below the open pit (see Figures 2 and 3 below). Borehole LADD006 had an inclination of minus 58 degrees and azimuth of 218 degrees and it is estimated that the true widths of the mineralised sections of LADD006 are approximately 95% of the intersected width.

Commenting on these latest drilling results, Loncor President Peter Cowley said: “We continue to be encouraged by the results at Adumbi. Results from all five boreholes of our current drilling program have intersected significant widths and grades and will increase the current inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at Adumbi. We are especially pleased with the continuity of gold mineralization at depth as highlighted in Figures 2 and 3.”

Read More:https://agoracom.com/ir/LoncorResources/forums/discussion/topics/755604-loncor-announces-significant-gold-mineralization-at-depth-from-its-flagship-adumbi-deposit/messages/2304236#message

Universal PropTech $UPI Invests in and Secures defined Agency Rights for ISBRG Corp.’s SpotLight-19(C) Technology Designed to Detect Covid-19 Non-Invasively in Under One Minute $AAT.ca $LPS.ca $EGT.ca

Posted by AGORACOM-JC at 9:57 AM on Thursday, February 18th, 2021
  • ISBRG is a data analytics company which has developed the SpotLight technology platform designed to generate comprehensive health care data non-invasively within seconds at a nominal incremental cost per test.
  • SpotLight-19© is non-invasive, and ISBRG is undertaking trials to determine efficacy in detecting Covid-19.
  • In addition to its minority investment, UPI will act as the exclusive sales agent for the SpotLight-19© technology and other future platform offerings for the government and education sectors in Canada.

Toronto, Ontario–(February 18, 2021) – Universal PropTech Inc. (TSXV: UPI) (“UPI” or the “Company”) is pleased to announce that it has completed an investment in ISBRG Corp. (“ISBRG”) for a minority interest, and secured agency rights to their SpotLight-19© Technology.

ISBRG is a data analytics company which has developed the SpotLight technology platform designed to generate comprehensive health care data non-invasively within seconds at a nominal incremental cost per test. SpotLight-19© is non-invasive, and ISBRG is undertaking trials to determine efficacy in detecting Covid-19. In addition to its minority investment, UPI will act as the exclusive sales agent for the SpotLight-19© technology and other future platform offerings for the government and education sectors in Canada.

“We are proud and excited to be a strategic investor in ISBRG,” stated Chris Hazelton, President & CEO of Universal PropTech. “We have been committed to ensuring safe and healthy workspaces for our clients and facilitating the return of workers to workspaces in the face of the pandemic, and SpotLight-19© as a rapid, inexpensive and reusable testing platform to ensure safe work environments, could be a catalyst to opening global economies. Upon completion of trials and relevant governmental approvals, Universal PropTech expects that it will aggressively market SpotLight-19© products and supporting services to all governmental and education providers across Canada.”

“Our technology stems from the belief that technological innovation and strategic partnerships will restore economic growth globally in the midst of a pandemic that is challenging the speed, accuracy and effectiveness of existing tests” stated Duncan MacIntyre, Founder and CEO ISBRG.

ISBRG’s SpotLight-19© technology platform has proof of concept, and the funding now enables trials to determine the sensitivity and specificity of the device which will be compared to the accuracy of PCR tests in upcoming trials which are subject to authorization by Health Canada and REB review. Several published studies support ISBRG’s proof of concept and the application of light to detect viruses has been well documented in the past, see (https://pubmed.ncbi.nlm.nih.gov/29806030/).

The global Covid-19 diagnostics market size is estimated at USD$84.4 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 3.1% from 2021 to 2027[1].

ISBRG headquartered in Mississauga, Ontario, developed its SpotLight-19© technology platform to monitor health – including a Covid-19 state of infection – using patent pending proprietary applications utilizing machine learning, optics and non-invasive interface design.

SpotLight-19© technology platform features:

  • a non-invasive scan of a person’s finger with a harmless beam of light
  • designed to provide confirmation of Covid-19 infection in less than 1 minute
  • low-cost testing.

ISBRG’s SpotLight-19© technology is intended for use in large venues, such as:

  • airports
  • border crossings
  • government buildings
  • schools and campuses
  • entertainment complexes, etc.

Should your organization wish to express an interest in procuring SpotLight-19©, please link and complete the Contact form. https://universalproptech.com/

ISBRG founder Duncan MacIntyre, is the former President of ICI in Canada and Latin America, the founding President of the National Quality Institute and co-author of more than 25 US patents in the field of spectroscopy. He has assembled a team of medical doctors, Ai specialists, hardware designers, internationally recognized optics experts and an ISBRG Board of Advisors that excel in their respective fields. The Board of Advisors includes:

  • former Global VP of AMGEN – Michael Kelly
  • former Canadian Astronaut and Author – Commander Chris Hadfield
  • former Director of Emera and Order of Canada appointee – Irene d’Entremont
  • former President of American Eagle Airlines – Peter Bowler
  • former Director General Global Operations CSIS – Allan MacDougall

Michael Kelly, former AMGEN Global VP, Thousand Oaks, California, states: “I became involved in ISBRG because of SpotLight-19©’s Ai and optical design innovations which, subject to confirmation in these trials, have the potential to significantly impact the global economic recovery more than any other technology available today”.

Read More: https://agoracom.com/ir/UniversalPropTech/forums/discussion/topics/755586-universal-proptech-inc-invests-in-and-secures-defined-agency-rights-for-isbrg-corp-s-spotlight-19-c-technology-designed-to-detect-covid-19/messages/2304191#message

ThreeD Capital $IDK.ca $IDKFF Completes $375,000 Investment Into Intellabridge Technology Corporation $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:34 AM on Thursday, February 18th, 2021
IDK-square-for-blog
  • Announced a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

TORONTO, Feb. 18, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

The Company has acquired 2,500,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $375,000. Each Unit consists of one (1) common share of Intellabridge (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.45 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman & CEO of ThreeD Capital has also agreed to join Intellabridge’s Advisory Board.

“DeFi technologies provide peer-to-peer financial transactions without a middle entity such as a bank. Blockchains allow this to be done in transparent and trustless manner. Intellabridge is simplifying the process by which the average person can get exposure to DeFi and the high interest rates accompanied in yield finance to protect individuals against purchasing power erosion by inflation. Our investment in Intellabridge perfectly aligns with our vertical of and belief in blockchain and other decentralized technologies. I am very excited to join the Advisory Board and work with Intellabridge management,” said Sheldon Inwentash.

“We are very pleased to have Sheldon join our Advisory Board, with his experience at the intersection of blockchain, financial technologies and public markets. In particular, as we continue to build out our Advisory Board we welcome the support of ThreeD Capital. This represents an important step for Intellabridge as we continue to build relationships with strategic partners and investors,” explained Intellabridge CEO, John Eagleton.

Read more: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755583-threed-capital-completes-375-000-investment-into-intellabridge-technology-corporation/messages/2304184#message

VIDEO – $KABN.ca North America Discusses Launch of Liquid Avatar App in the #Apple Store and #Google Play $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 9:20 AM on Thursday, February 18th, 2021
kabn-square-new

Durango $DGO.ca Provides Windfall Lake Drilling Update $BTR.ca $OSK.ca

Posted by AGORACOM at 8:58 AM on Thursday, February 18th, 2021
  • 3,400m drilled on the Trove Property over 12 holes.
  • Encountered mineralization 200 meters below surface and at 300m
  • Durango drilled three scout holes on the East Barry Property totaling 1,969 meters
  • 2,000 samples are pending assay results at multiple labs for both the Trove and East Barry properties.

Durango Resources Inc.(TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango”) announces that the drilling campaign on its wholly owned Trove and East Barry Properties at Windfall Lake is still underway.

Trove Property

Currently, Durango is drilling holes on the northern portion of the Trove Property which was inaccessible until late 2020 due to late cold weather conditions. Approximately 3,400 meters has been drilled on the Trove Property in 2020 and 2021 over 12 holes. The Trove exploration program was designed to test the high priority Induced Polarization (“IP”) anomalies in the northern section of the Trove Property. So far, the majority of the mineralized sections were encountered within 200 meters below surface, with some exceptions encountering mineralization at depths of 300m and more.

East Barry Property

In January, Durango drilled three scout holes on the East Barry Property totaling 1,969 meters to try to determine the location of the felsic dykes in intrusive pluton. The scout holes enabled Durango to derive structural and lithological data on the East Barry and to test till anomaly targets which were previously inaccessible.

More than 2,000 samples are pending assay results at multiple labs for both the Trove and East Barry properties. Durango has encountered further lab delays due to a Covid-19 breakout at one of the processing facilities earlier this month, so the Company has secured additional labs to help alleviate the turnaround time and assay delays. Durango’s exploration and drill teams have not been exposed and continue to remain safe and healthy at the camp.

Read More: https://agoracom.com/ir/Durango/forums/discussion/topics/755580-durango-provides-windfall-lake-drilling-update/messages/2304177#message