Posted by AGORACOM
at 9:30 AM on Friday, December 18th, 2020
Vancouver, BC – TheNewswire – December 18, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OT C :ATOXF), (the “ Company ” or “ Durango ”) is pleased to announce it has engaged an additional drill company for its exploration program on its wholly owned properties at Windfall Lake, Québec .
East Barry Property
Further to the news release of November 19, 2020, Durango has received drill permits for the East Barry claim block to test high priority targets coincident with high till anomalies of up to 2.19 g/t gold and pristine gold grains in till trend. Now that weather conditions are favourable for preparing access, a drill has been commissioned to test a geophysical anomaly which also coincides with an artificial intelligence (“ AI ”) target. The Company has hired Faubert & Fils from Val d’Or, Québec, to complete several initial exploration drill holes on its East Barry Property.
Trove Property
To date, 1,700m has been drilled in eight holes on the Trove Property at an average depth of 213m. Drilling is still continuing at the Trove Property with the drilling crew working on hole #9. As noted previously, the objective of the drill campaign is to test IP anomalies derived from previous exploration work.
The main lithologies observed in the drill holes are represented by mafic to intermediate volcanics, metasediments and felsic intrusives crosscut by quartz feldspar porphyry (“ QFP ”) and felsic dikes containing disseminated to semi-massive sulphides. Molybdenite, chalcopyrite and silver indicator alterations were also observed. The lithological contacts are marked by chlorite-epidote-carbonate alterations containing centimetric to decimetric mineralized quartz veins. The labs continue to be delayed and backed up due to extremely high quantities of samples they are receiving from multiple exploration companies and a shortage of personnel.
Durango’s high priority targets remain undrilled due the land condition caused by unseasonably warm weather, which has prevented the freezing required for access to the drill hole locations. Durango has 20 high priority holes planned for drilling on the Trove Property, between 200 and 800 meters deep, when the ground is sufficiently frozen to permit drill access.
Marcy Kiesman, CEO of Durango, stated, “The unseasonably warm weather has been challenging for our inaugural drill campaign on the Trove Property. We have completed initial drilling which will help our exploration team understand the local geology and structure in the area. As the weather in the area has recently become seasonably cold, we expect that our high priority targets will be drilled early in January. We are drilling in one of the best regions in Canada to find gold, we are fully financed and will continue to drill into 2021. We anticipate an exciting year ahead for Durango and our shareholders.”
The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.
Trove Property, Québec
Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX-OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Québec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is currently undertaking its inaugural drill program.
East Barry Property, Québec
Durango owns 100% interest in the East Barry claims which run parallel to Trove claims. The East Barry block is over 7,740 hectares in size and borders the eastern perimeter of Osisko’s holdings and the southern perimeter of Bonterra’s holdings and is less than 4km south of the Gladiator deposit. The East Barry claims host a gold trend which covers approximately 10km in length and is subparallel to the main Barry Fault held by Osisko Mining. In 2018, a till sampling program was conducted by Durango and one of the till samples returned forty-two (42) pristine gold grains with reported gold values of 2.184 g/t Au. A high count of pristine gold grains indicates that the gold has travelled a very short distance from its source. The East Barry block underwent an Induced Polarization (“ IP ”) survey in 2018 which identified a high priority target coincident with the high count of pristine gold grains.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Québec , Canada.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com .
Posted by AGORACOM
at 9:21 AM on Friday, December 18th, 2020
Vancouver, B.C., Nov. 24, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of flake graphite in Quebec for the new green economy. Lomiko is pleased to announce the Lomiko Technical, Safety and Sustainability Committee (“LTSSC”) has recommended the acceptance of a Proposal by SGS Canada Inc. to conduct a Metallurgical Process Development Program to the Board of Directors. This Program has been accepted and approved by the Lomiko Board.
SGS Metallurgical Process Development Plan
Lomiko plans to ship four composites weighing 30 – 35 kg each consisting of high-grade and low-grade samples from the Refractory and the Graphene Battery mineralized zones will be shipped to SGS in Lakefield. The main scope of the work program includes:
Sample Preparation
Chemical Characterisation
Comminution Testing
Flowsheet Development
Environmental Testing
The samples will be stage-crushed in a series of jaw and cone crushers to minimize the risk of flake degradation and fines generation. Samples will be extracted for comminution testing, chemical characterization, and the generation of two Master composites.
Bond ball mill grindability tests will be carried out to establish grinding energy requirements to assist in the design of the preliminary comminution circuit.
Scoping level flowsheet development testing will be carried out on the two Master composites to establish a conceptual flowsheet. The primary objectives of the flowsheet development program are to maximize the graphite recovery into a flotation concentrate while minimizing flake degradation. The final concentrates will be subjected to size fraction analyses to determine the flake size distribution and total carbon grade profile of the two mineralized zones.
The high-grade and low-grade samples of the two mineralized zones will be subjected to variability flotation testing using the flowsheet and conditions that were developed for the two Master composites. Since a flowsheet must be able to treat all domains encountered in a deposit, these variability tests serve the purpose of assessing the robustness of the proposed flowsheet.
Static geochemical tests will be carried out to assess the acid-generating potential of the La Loutre tailings with and without a sulphide rejection circuit.
Lomiko’s Near Term Goals
Graphite demand is expected to increase exponentially for the mined natural graphite material, as more is used in the production of spherical graphite for graphite in the anode portion of Electric Vehicle Lithium-ion batteries.
Lomiko completed a $ 750,000 financing October 23, 2020 and plans to work on its near-term goals:
1) Complete 100% Acquisition of the Property, currently 80% owned by Lomiko Metals.
2) Complete metallurgy and graphite characterization to confirm li-ion anode grade material.
3) Complete a Technical Report to confirm that the extent of the mineralization equals or surpasses the nearby Imerys Mine, owned by international mining conglomerate.
A “technical report” means a report prepared and filed in accordance with this Instrument and Form 43-101F1 Technical Report, and includes, in summary form, all material scientific and technical information in respect of the subject property as of the effective date of the technical report;
4) Complete Preliminary Economic Assessment (PEA)
A PEA means a study, other than a pre-feasibility or feasibility study, that includes an economic analysis of the potential viability of mineral resources.
Posted by AGORACOM-JC
at 8:38 AM on Friday, December 18th, 2020
Announced the appointment of Mr. Robert Daniels to the Advisory Board
Mr. Daniels is a long-time creator and developer of new business ventures and initiatives in the real estate and sustainability fields.
With a career spanning over 30 years, Mr. Daniels has been involved in substantial multi-million-dollar ventures in real estate and land development, commercial property investment and renewable power totalling over $1.4 B.
As an industry leader, he became one of the first large-scale builders of super energy efficient homes in Canada and one of the first independent full-scale retailers of environmentally responsible products.
Toronto, Ontario–(December 18, 2020) – Universal PropTech Inc. (TSXV: UPI) (“UPI” or “the Company”) is pleased to announce the appointment of Mr. Robert Daniels to the Advisory Board.
Mr. Daniels is a long-time creator and developer of new business ventures and initiatives in the real estate and sustainability fields. With a career spanning over 30 years, Mr. Daniels has been involved in substantial multi-million-dollar ventures in real estate and land development, commercial property investment and renewable power totalling over $1.4 B. As an industry leader, he became one of the first large-scale builders of super energy efficient homes in Canada and one of the first independent full-scale retailers of environmentally responsible products.
Mr. Daniels is a former board member of the Greater Toronto Home Builders Association, the Urban Development institute and numerous private companies and charitable organizations in Ontario. He is a graduate of The Wharton School of Business at the University of Pennsylvania. As a Climate Reality Leader, he holds a certification in ISO-14064-3: GHG Validation and Verification from the University of Toronto.
Mr. Daniels will support the Company’s efforts in investments and acquisitions of PropTech companies together with overall business development knowledge of commercial, institutional and multi-residential asset owners and managers.
“I have been a serial entrepreneur my entire life. I understand the leadership required to not only make deals, but to make them successful, and I have joined as an Advisor because I believe that this type of participation can do just that to help with Universal PropTech’s strategy,” commented Robert Daniels, Advisor, Universal PropTech Inc.
“We are excited to have Bob support us in our growth campaign to acquire, invest and license PropTech,” stated Chris Hazelton, Chief Executive Officer of Universal PropTech Inc. “His development and investment experiences will be of tremendous value going forward.”
About Universal PropTech Inc.
Universal PropTech Inc. (TSXV: UPI) is a leading building innovation company, selecting, integrating, deploying and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners and operators in Canada.
UPI operates through its wholly owned subsidiary, VCI Controls Inc. (“VCI”), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.
With headquarters in Toronto, Universal PropTech has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
Universal PropTech Inc. Chris Hazelton Chief Executive Officer (647) 300-2957
Posted by AGORACOM
at 7:32 AM on Friday, December 18th, 2020
Vancouver, British Columbia–(Newsfile Corp. – December 18, 2020) – Fabled Silver Gold Corp. (TSXV: FCO) (FSE: 7NQ) (“Fabled” or the “Company“) is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange (“FSE”) under the symbol “7NQ” and WKN # “A2QKYJ “.
The FSE is the world’s third largest organized exchange-trading market in terms of turnover and dealings in securities. With over 3,000 international companies listed on the FSE and investors directly connected to the FSE, the FSE represent 35% of the world’s investment capital.
The Company’s shares will now be cross-listed on the TSX Venture Exchange and the Frankfurt Stock Exchange. Fabled expects the FSE listing will help increase trading liquidity and facilitate investment in the Company by institutional and retail investors across Europe. This listing does not impact the total number of common shares outstanding in the Company.
Mr. Peter Hawley, President and CEO of Fabled, commented: “Fabled is committed to building shareholder value and the Frankfurt Stock Exchange listing will enable international investors to participate in the Company’s growth and development. We feel this is a great opportunity to introduce Fabled to a European investing audience at a time when Fabled is actively drilling at the Santa Maria project.”
Option Grants
Fabled also is pleased to announce that pursuant to its stock option plan it has granted an aggregate of 3,850,000 stock options to certain directors, officers and consultants, each exercisable to acquire one common share of Fabled at an exercise price of $0.08 per common share until December 18, 2030. The stock options vest as to 25% on the date of grant, and as to 25% every 6 months until fully vested.
About Fabled Silver Gold Corp.
Fabled is focused on acquiring, exploring and operating properties that yield near-term metal production. The company has an experienced management team with multiple years of involvement in mining and exploration in Mexico. The company’s mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential.
The company has entered into an agreement with Golden Minerals Company to acquire the Santa Maria project, a high-grade silver-gold property situated in the centre of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.
For further information please contact:
Mr. Peter J. Hawley, President and C.E.O. Fabled Silver Gold Corp. Phone: (819) 316-0919 [email protected]
Posted by AGORACOM-JC
at 5:09 PM on Thursday, December 17th, 2020
Back on July 13th, Loop Insights stated the following:
As of today, December 17th, Loop has now signed 2 partnership agreements with TELUS and then dropped this headline today:
Loop Insights Partners With NTT DATA, Top Ranked Global IoT Services Company And Subsidiary Of Nippon Telegraph and Telephone, World’s 4th Largest Telecom Ranked 55th In Fortune Global 500
NTT DATA Corp of Japan (TYO:9613) is a global leader in technology services and a top-ranked global Internet of Things (IoT) consulting and system integration services company, with $USD 20-billion in revenues in 2020.
Loop and NTT DATA intend to combine their respective strengths to create new recurring revenue models for both companies. For example, the NTT Smart platform, first introduced as a solution in building smarter, more connected cities, is now the cornerstone for its Back to Business Application. Integrating Loop’s Insights and automated marketing capabilities with the NTT Smart Platform in a seamless manner is an obvious fit for both companies, each of which stands to benefit from the integration.
Watch this great interview with Loop Insights CEO, Rob Anson, discussing the global implications of this partnership.
Posted by AGORACOM-JC
at 4:16 PM on Thursday, December 17th, 2020
Acquisition Will Expand Company’s North American Footprint And Strengthen Vertical Integration From Patients To Laboratory, Strengthening Testing and Bubble Initiatives
Announced the execution of a definitive share purchase agreement dated December 16, 2020 to acquire Lawrence Park Health and Wellness Clinic Inc., 1100900 Canada Inc. dba Atkinson, and Momentum Health Inc.
Momentum Health operates a network of medical clinics with a team of healthcare professionals who provide para-medical care by applying a holistic and hands-on approach working with patients to unlock potential well-being.
Key services include physiotherapy, chiropractic, massage therapy, traditional Chinese medicine, athletic therapy and others.
Acquisition will include two standalone wellness clinics and five new co-located clinics in the Greater Toronto Area of Ontario, Canada, with immediate access to in excess of 20,000 patients.
VANCOUVER, BC / December 17, 2020 / Empower Clinics (CSE:CBDT)(OTC PINK:EPWCF)(FRA:8EC) (the “Company” or “Empower”), an integrated healthcare company serving patients through clinics, a telemedicine platform, and a leading medical diagnostics laboratory processing thousands of COVID-19 specimens and developing novel COVID-19 testing protocols for CE, FDA and Health Canada approval, is pleased to announce the execution of a definitive share purchase agreement dated December 16, 2020 (the “Agreement“) to acquire Lawrence Park Health and Wellness Clinic Inc., 1100900 Canada Inc. dba Atkinson, and Momentum Health Inc. (collectively “Momentum Health“).
Steven McAuley, Chairman and CEO of Empower stated “The acquisition of Momentum Health will be a significant milestone for both Empower and its shareholders that we expect will provide Empower with a growing accretive business, as well as, a winning business model with plans for immediate expansion across the Greater Toronto Area, the province of Ontario and then nationwide in very rapid succession. It is anticipated that this immediate and rapid nationwide expansion plan will be made possible by combining the winning Momentum Health model with the financial, marketing and operational control resources already successfully deployed by Empower in building its US operations, including the successful win of a $1.2 million testing contract with a film and television studio within just 45 days of acquiring our KAI Medical Lab. Significant discussions are already underway with potential nationwide partners and we expect to have developments in the very near future.”
ACQUISITION INCLUDES 7 CLINICS IN GREATER TORONTO AREA WITH IMMEDIATE PLANS TO EXPAND “CLINIC-IN-CLINIC” MODEL ACROSS CANADA.
Momentum Health operates a network of medical clinics with a team of healthcare professionals who provide para-medical care by applying a holistic and hands-on approach working with patients to unlock potential well-being. Key services include physiotherapy, chiropractic, massage therapy, traditional Chinese medicine, athletic therapy and others. The full range of services can be viewed at www.momentumhealthclinic.com.
The acquisition will include two standalone wellness clinics and five new co-located clinics in the Greater Toronto Area of Ontario, Canada, with immediate access to in excess of 20,000 patients.
More importantly, it is expected that expansion will be at a very attractive and cost-effective model of opening “clinics-within-clinics” in which the Company proposes to partner with large care facilities to provide para-medical clinics inside the physical location of the primary care facility. This model results in a win-win for both Empower and the primary care facility partner as follows:
Substantially improved care for patients of the primary care facility
Significantly reduced start-up costs for Empower
Immediate access to the large patient base of the primary care facility
Immediate rental income for the primary care facility
With this proven winning model, the nationwide roll-out it is planned to commence immediately upon closing of the acquisition with expansion in the Greater Toronto Area, followed by expansion throughout Ontario and finally West through all Provinces with a standardized brand and technology platform.
Moreover, the acquisition includes incentives for the two Co-Founders of Momentum Health to open an additional 30 clinics across Canada.
CEO McAuley added “Having Dr. Rabinowitz and Dr. Tsimerman join me in leadership to rapidly expand Empower’s clinic footprint across Canada will be invaluable toward meeting our ambitious objectives.”
Momentum Co-Founder Dr. Robinowitz commented “Joining Empower provides us with the opportunity to scale an intricately designed health care model alongside the outstanding professionals currently on their team. This transaction will not only allow our current patients to have increased access to integrative care, we also strive to exponentially increase our patient base with strategic, nationwide expansion.”
Momentum Co-Founder Dr. Tsimerman commented “I am thrilled to be joining Empower Clinics with a shared vision of nationwide, truly integrative medical care based on patient – centric services. This unique opportunity allows us to provide an unparalleled patient experience and create a leading approach to modernized health care.”
TERMS OF ACQUISITION
Pursuant to the terms of the Agreement, Empower will pay the vendors of Momentum Health $275,000 cash at closing (including $44,648 to settle an outstanding debt of Momentum Health) with an additional $75,000 to be withheld as a holdback for adjustments, for an aggregate cash payment of $350,000. In addition, at closing, Empower will issue Dr. Jordan Rabinowitz and Dr. Aviv Tsimerman or their affiliates 5,128,204 common shares in the capital of Empower (at a deemed price of $0.0975 per share), 2,564,102 of which will be subject to contractual resale restrictions resulting in them being released quarterly from the date of closing in eight (8) equal instalments.
PERFORMANCE INCENTIVES TO OPEN 30 ADDITIONAL LOCATIONS
The acquisition also includes long-term performance incentives for Dr. Rabinowitz and Dr. Tsimerman. If, within 18 months from the closing date, the Company or its affiliates have opened and have operating an aggregate of ten (10) new clinic locations in Canada (“Milestone One”), each of Dr. Rabinowitz and Dr. Tsimerman shall be entitled to receive incentive stock options of Empower to purchase 1,875,000 common shares of Empower, vesting as follows:
1/3 immediately;
1/3 upon of the Company or its affiliates having opened and operating an aggregate of twenty (20) new clinic locations in Canada; and
1/3 upon of the Company or its affiliates having opened and operating an aggregate of thirty (30) new clinic locations in Canada.
ADDITIONAL DETAILS
Empower has agreed to enter into employment agreements with Dr. Rabinowitz and Dr. Tsimerman on closing of the acquisition, to lead the Canadian clinic expansion strategy.
Completion of the acquisition contemplated by the Agreement is subject to customary closing conditions which the Company anticipates being completed on or before December 21, 2020.
This press release is available on the Empower Clinics Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/EmpowerClinics
ABOUT EMPOWER:
Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Our Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.
This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company’s nationwide rollout and timing and results of such rollout; the Company expecting the acquisition will provide Empower with a growing accretive business, as well as, a winning business model with plans for immediate expansion across the Greater Toronto Area, the province of Ontario and then nationwide in very rapid succession; the Company’s expectation for the costs of expansion; and the Company’s plans to partner with large care facilities to provide para-medical clinics inside the physical location of the primary care facility and the results of such model. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: that the Kai Medical Laboratory acquisition may not be completed on the terms expected or at all; that the Company’s products may not work as expected; that the Company may not be able to expand COVID-19 testing; that legislative changes may have an adverse affect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed transaction; and other factors beyond the Company’s control; as well as those risk factors discussed or referred to in the Company’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.
Posted by AGORACOM-JC
at 3:11 PM on Thursday, December 17th, 2020
Completed an equity investment in a private esports company, Mountainside Games Ltd.
MSG hosts in person and online tournaments and handles all aspects of the events including registration, facilitation, and broadcasting.
MSG also creates unique Super Smash Bros content including Smash Talk, an online show available via YouTube.
MSG will operate out of the TGS office and work in collaboration with the TGS team on tournaments and events.
MSG will also use TGS to produce content for digital distribution, including existing property Smash Talk.
VANCOUVER, BC , Dec. 17, 2020 – TGS Esports Inc. (” TGS ” or the ” Company “) (TSXV: TGS) (FRA: 5RH) is pleased to announce that it has completed an equity investment (” Investment “) in a private esports company, Mountainside Games Ltd. (” MSG “).
MSG, led by Owner and CEO Martin Byerley , is a BC based organization that has a focus on tournaments and content within the Super Smash Bros community. MSG hosts in person and online tournaments and handles all aspects of the events including registration, facilitation, and broadcasting. MSG also creates unique Super Smash Bros content including Smash Talk, an online show available via YouTube. MSG will operate out of the TGS office and work in collaboration with the TGS team on tournaments and events. MSG will also use TGS to produce content for digital distribution, including existing property Smash Talk.
“Martin is one of the hardest workers I have met. His dedication to building MSG is second to none and he is primed to take MSG to the new heights. We are excited to be a part of his growth and provide the resources we have to help MSG get to the next level.” said Spiro Khouri , CEO of TGS “Adding a dedicated Smash Bros community to TGS is going to fill a gap we currently have. We also get to add MSG’s content to TGS’ growing library which brings a new element for our fans to engage in.”
“I am extremely excited for the opportunity to grow MSG to new heights. We have seen steady incremental growth over the past year and with the resources TGS brings to the table we can accelerate it greatly. I have had the chance to work with the TGS team over the past couple of months which has allowed me to do so much more, especially when it comes to content creation.” Said Martin Byerley “I can’t wait to devote even more time to the community!
Pursuant to an investment agreement dated December 16, 2020 (the ” Investment “), the Company subscribed for an aggregate of 3,333,334 common shares in the capital of MSG, representing approximately 25% of MSG, in consideration for aggregate cash consideration of $36,000 . In addition, under the Investment Agreement, subject to the approval of the TSX Venture Exchange (the ” TSXV “), the Company has also agreed to issue to MSG up to an aggregate of 40,000 common shares in the capital of the Company (” Milestone Shares “) at a deemed price equal to the Market Price (as defined in the policies of the TSXV) on the date of issue, upon the satisfaction of the following milestones by MSG within two years following the closing of the Investment:
10,000 Milestone Shares on the date that MSG has hosted 24 tournaments co-streamed on the Company’s Twitch streaming channel;
10,000 Milestone Shares on the date that MSG has published 24 episodes of their web series “Smash Talk”;
10,000 Milestone Shares on the date that MSG has published 156 “Things You Should Know” videos to its YouTube channel; and
10,000 Milestone Shares on the date that MSG has run 24 esports tournaments through an esports platform operated by the Company in its business.
About TGS Esports Inc.
TGS Esports Inc. is an organization focused on creating the ultimate esports experience. TGS is made up of industry professionals with 20+ combined years in the space of tournament organization, league facilitation, and production. This experience combined with the proposed acquisition of Pepper Esports Inc. allows TGS to offer a full suite of tools needed for any player or tournament organizer in esports. TGS is also the owner of Canada’s first dedicated esports arena, The Gaming Stadium, located in Richmond, British Columbia , which opened in June 2019.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board of Directors ” Spiro Khouri “ Spiro Khouri , CEO TGS Esports Inc.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including with respect to: the potential benefits of the relationship between the Company and MSG resulting from the Investment, the satisfaction of the Milestones by MSG and the issuance of the Milestone Shares. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic and other risks that are customary to transactions of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
This press release is not an offer of the securities for sale in the United States . The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute anofferto sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
Posted by AGORACOM-JC
at 1:13 PM on Thursday, December 17th, 2020
Datametrex AI Limited (DM:TSXV) (D4G:FSE) (DTMXF: OTC ) an AI and Machine learning company was well positioned with deep roots in South Korea to make the ultimate pivot to Covid-19 test kit distribution. When the Canadian Government came calling for assistance in importing and distributing COVID-19 test kits, Datametrex stepped up to the task thanks to its security clearances already in place in both countries.
Since then, the company has signed multiple multi-million dollar Covid-19 test kit supply agreements with mining companies, a $20M CAD agreement with the television and film industry and various educational institutions. This is in addition to lucrative AI contracts with various levels of government and enterprise level customers such as LOTTE Group, the fifth-largest conglomerate in Korea with annual revenues of approximately $60B USD.
As a result, Datametrex has had its’ best year ever in the first 3 quarters of 2020 as follows:
Record revenue of $7.6 million for the nine-month 2020 period compared to $2.6 in 2019
Record revenue of $4.9 million was generated in Q3
Posted by AGORACOM-JC
at 12:40 PM on Thursday, December 17th, 2020
Partnership Marks Loop Insights’ Most Significant Partnership To Date
Announced the signing of a global partnership agreement with NTT DATA Corp of Japan (TYO:9613), a global leader in technology services and a top-ranked global Internet of Things (IoT) consulting and system integration services company, with $USD 20-billion in revenues in 2020.
The two companies are working towards a finalized agreement with no financial commitments agreed upon at this time.
Loop and NTT DATA intend to combine their respective strengths to create new recurring revenue models for both companies.
For example, the NTT Smart platform, first introduced as a solution in building smarter, more connected cities, is now the cornerstone for its Back to Business Application.
Integrating Loop’s Insights and automated marketing capabilities with the NTT Smart Platform in a seamless manner is an obvious fit for both companies, each of which stands to benefit from the integration.
VANCOUVER, British Columbia, Dec. 17, 2020 — 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 announce the signing of a global partnership agreement with NTT DATA Corp of Japan (TYO:9613), a global leader in technology services and a top-ranked global Internet of Things (IoT) consulting and system integration services company, with $USD 20-billion in revenues in 2020. The two companies are working towards a finalized agreement with no financial commitments agreed upon at this time.
Loop and NTT DATA intend to combine their respective strengths to create new recurring revenue models for both companies. For example, the NTT Smart platform, first introduced as a solution in building smarter, more connected cities, is now the cornerstone for its Back to Business Application. Integrating Loop’s Insights and automated marketing capabilities with the NTT Smart Platform in a seamless manner is an obvious fit for both companies, each of which stands to benefit from the integration.
Loop Insights CEO Rob Anson stated, “Our partnership with NTT establishes Loop Insights as a global provider of IoT solutions for Venue Bubbles and Artificial Intelligence-driven automated marketing. 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. We thank William and his team for their confidence and look forward to accomplishing incredible things together in 2021.”
NTT DATA President William Baver stated, “NTT has developed a data platform to provide reactive and predictive analytics to help organizations achieve situational awareness related to any confined structure or area. This is a natural fit to the travel bubble concept that when paired with the Loop’s venue management solution, will provide our customers with the ability to ingest data from multiple sources and provide insights back via various APIs to allow customers to enjoy the best of both technologies. With respect to the various travel bubbles, we have the ability to bring the data tracking and data wallet details from Loop Insights to combine with situational awareness and data tracking from optical sensors, sound sensors, and other data sources surrounding this environment.”
NTT DATA – A TOP 10 GLOBAL IT SERVICES PROVIDER OPERATING IN MORE THAN 50 COUNTRIES
NTT DATA is a recognized leader in global technology services and a trusted global innovator, delivering technology-enabled services and solutions to clients around the world.
On April 2, 2020, NTT DATA was named “Top Ranked” for their global Internet of Things (IoT) consulting and system integration services by teknowlogy Group – a leading independent European research firm.
On February 6, 2020, the NTT DATA brand was ranked the world’s eighth most valuable brand among IT services providers according to UK-based Brand Finance, the world’s leading brand valuation and strategy consultancy.
Forbes named NTT Data to its list of Best Management Consulting Firms 2020
NTT DATA is a publicly-traded company with 123,000 employees and a current market capitalization of approximately $USD 18.5-billion. NTT DATA is approximately 54% owned by Nippon Telegraph and Telephone Corp.
NIPPON TELEGRAPH AND TELEPHONE CORP – ONE OF THE LARGEST TELECOM COMPANIES IN THE WORLD
Nippon Telegraph and Telephone Corp. (TYO: 9432) (“NTT”) is the fourth-largest telecommunications company in the world in terms of revenue and Ranked 55th in the Fortune Global 500 with a current market cap of approximately $USD 100-billion.
With approximately 310,000 employees worldwide, NTT is chosen by as many as 88% of the top 100 companies in the Global Fortune 500.
Globally NTT is recognized as one of the world’s largest information, communication, and technology companies. NTT’s operations and capabilities span six continents, connecting people and technologies. The depth and breadth of NTT’s global offerings span everything from mobile phones to data centers, with a strong foundation, focus, and corporate commitment to innovation. NTT helps clients achieve their business goals by creating, operating, maintaining, and evolving mission-critical IT systems and business processes.
NTT DATA PARTNERSHIP REPRESENTS SECOND MAJOR IOT PARTNERSHIP FOR LOOP INSIGHTS IN 2020
On October 15th, Loop announced the significant milestone of having been accepted into theTelusIoT Marketplace . The Company’s first product accepted into the IoT Marketplace was its 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 TELUSBusiness 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.
Loop Insights CEO Robert Anson added, “With two major IoT partnerships on two different continents, Loop is receiving unprecedented third-party validation and exposure to global opportunities that will be instrumental in the potential great success of our company in 2021 and beyond.”
NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, digital & IT modernization, and managed services. NTT DATA enables them, as well as society, to move confidently into the digital future. We are committed to our clients’ long-term success and combine global reach with local client attention to serve them in over 50 countries around the globe. Visit us at nttdata.com
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.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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