Posted by AGORACOM-JC
at 5:23 PM on Tuesday, June 9th, 2020
Announced the closing of the previously announced non-brokered private placement for total proceeds of C$1 million
The Company issued a total of 7,843,137 units at C$0.1275 per unit, each unit comprised of one common share of the Company and one common share purchase warrant
Toronto, New York – June 9, 2020 – Eyecarrot Innovations Corp.(TSXV:EYC) | (OTC:EYCCF) | (2EYA:GR) is pleased to announce the closing of the previously announced non-brokered private placement for total proceeds of C$1 million. The Company issued a total of 7,843,137 units at C$0.1275 per unit, each unit comprised of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Share (each, a “Warrant Share”) at an exercise price of C$0.25 per Warrant Share at any time until June 8, 2022. The warrants are subject to an acceleration clause whereby if the common share price is equal to or greater than C$0.50 for a period of 5 consecutive trading days (at any time at or following the expiry of the four months resale restriction period), the Company may, by notice to the warrant holder reduce the remaining exercise period applicable to the warrants to not less than 30 days from the date of such notice.
Insiders participated in the private placement acquiring an aggregate of 1,435,300 units on the same basis as other subscribers. The participation in the private placement by insiders of the Company constitutes a “related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the private placement in so far as the private placement involved interested parties did not exceed 25% of the Company’s market capitalization.
The securities issued in connection with the private placement are subject to a four-month hold period expiring on October 10, 2020.
The proceeds of the private placement will be used for working capital purposes and further development of the Company’s product and service offerings.
About Eyecarrot Innovations Corp (EYC)
Eyecarrot is a human performance technology company that has developed Binovi, a hardware and software-centered platform. Binovi combines hardware, software, specialized expert knowledge, and unique big data insights in order to deliver customized one-on-one training and treatment. Binovi is designed for vision optimization and the enhancement of skills related to human performance. We are working together under a common banner to help neuro-optometry, vision rehabilitation, and vision performance professionals gain measurable results in less time, and with less effort.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations, and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
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.
Posted by AGORACOM-JC
at 1:36 PM on Tuesday, June 9th, 2020
Received a purchase order for COVID-19 test kits from Canadian Royalties Inc. a Quebec based mining company
Under the terms of the PO, Datametrex will sell to the purchaser an intial 2,000 units of Health Canada authorized COVID-19 qPCR Detection Kits
Datametrex anticipates that it will have little or no upfront costs associated with the sale of these test kits
TORONTO, June 09, 2020 – Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce that it has received a purchase order (the “POâ€) for COVID-19 test kits from Canadian Royalties Inc. (“CRIâ€), a Quebec based mining company.
Under the terms of the PO, Datametrex will sell to the purchaser an intial 2,000 units of Health Canada authorized COVID-19 qPCR Detection Kits manufactured by 1drop Inc. and 2,000 3 mL Univesal Transport Medium (UTM®) Sterile Swabs with 16x100mm Skirted Tubes with testing being conducted by Transpharm Canada Inc. (“TCIâ€). The Company has secured all testing kits from the manufacturer required to fulfill the order. All of the items will be shipped directly from manufacturer to the TCI lab. Datametrex anticipates that it will have little or no upfront costs associated with the sale of these test kits.
“It has been a pleasure working with the team at Canadian Royalties, their commitment to keeping their operations open in a responsible and safe manner is truly representative of the Canadian spirit we are proud to be part of,†said Marshall Gunter, CEO of the Company.
Datametrex’s mission is to provide tools that support companies in fulfilling their operational Health and Safety goals with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, the Company provides progressive solutions to support the supply chain.
About Canadian Royalties
Canadian Royalties Inc. (“CRI”) is a private mining company based in Montreal that operates a copper and nickel mine in Nunavik (province of Quebec), under the name Nunavik Nickel Project (“Project”). The production phase started in February 2013, with a concentrator of a capacity of 4,500 tons/day, fed by various mines, including EXPO, ALLAMMAQ and MEQUILLON. CRI’s nickel and copper concentrates are trucked and stored daily at our Deception Bay port facilities, about 120 km from the main EXPO camp. An ice-breaker vessel named “Nunavik”, comes to Deception roughly seven times a year, bringing operational material from overseas and pick up concentrate to deliver to Europe. CRI allows more than 1,000 people to work on its facilities for the operations, including 600 direct employees and 400 subcontractors. It is an average of 400 people who live and work on constant rotation on the Project, whether at EXPO camp or Deception Bay camp, all on a fly-in / fly-out rotation. We also have about thirty employees based at our Montreal corporate offices. Additional information on CRI is available at www.canadianroyalties.com
About Transpharm Canada Inc.
Transpharm Canada Inc. provides pharmaceutical education, technology, and research opportunities to students through its subsidiary, Toronto Institute of Pharmaceutical Technology, North America’s premier pharmaceutical training institute. The facility is also fully compliant Health Canada licensed Good Manufacturing Practice (“GMPâ€) manufacturing and testing facility and is a full-service clinical development business that provides clinical trial services to biotechnology companies. Additional information on TIPT is available at www.tipt.com
About 1drop Inc.
1drop Inc. aims to provide a solution to manage health with a drop of fluid. It has the key technologies for becoming a global leading company in the field of smart health care. 1copy™ COVID-19 qPCR Multi Kit can reduce the risk of asymptomatic and latent infection of COVID-19 by a single virus level limit of detection. Additional information on 1drop Inc. is available at www.1drop.co.kr
About Datametrex
Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, the Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.
For further information, please contact:
Marshall Gunter – CEO Phone: (514) 295-2300 Email: [email protected]
Neither the TSX Venture Exchange nor it’s 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 information†within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “mayâ€, “willâ€, “expectâ€, “likelyâ€, “shouldâ€, “wouldâ€, “planâ€, “anticipateâ€, “intendâ€, “potentialâ€, “proposedâ€, “estimateâ€, “believe†or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may†or “will†happen, or by discussions of strategy.Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Posted by AGORACOM-JC
at 12:17 PM on Tuesday, June 9th, 2020
SPONSOR: Else Nutrition Holdings Inc. (TSX-V: BABY)The award winning, plant-based nutrition company for small cap investors. The company has a $10,000,000 cash balance for US product launch In Q2 2020 with International agreements in Q3. Learn More
North American Baby Food Market Forecast to Grow at a CAGR of 3.16% from 2019 to 2024, to Reach a Market Size of US $12.4B
The North America baby food market is projected to grow at a CAGR of 3.16% during the forecast period to reach a market size of US$12,487.478 million by 2024
The demand for baby food is primarily driven by the rising adoption of organic baby food among parents. Rising consciousness among parents is leading to increased spending on organic food which is augmenting baby food market growth
The North America baby food market is projected to grow at a CAGR of 3.16% during the forecast period to reach a market size of US$12,487.478 million by 2024. The demand for baby food is primarily driven by the rising adoption of organic baby food among parents. Rising consciousness among parents is leading to increased spending on organic food which is augmenting baby food market growth. This coupled with a shift in consumer behaviour in countries like USA, Canada, and Mexico is further supporting the baby food market growth in the region.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the North America Baby food market.
Posted by AGORACOM-JC
at 12:04 PM on Tuesday, June 9th, 2020
SPONSOR: Esports Entertainment Group(GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible. LEARN MORE.
BoomTV raises $10 million for its esports livestreaming platform
BoomTV has raised $10 million for its livestreaming platform for automating esports event production
The company says it makes it much easier to watch and create amateur esports online events from any point of view that the viewer chooses, on any device
BoomTV has raised $10 million for its livestreaming platform for automating esports event production. The company says it makes it much easier to watch and create amateur esports online events from any point of view that the viewer chooses, on any device.
The Redwood City-based BoomTV has built a platform that enables organizers to create and manage their own events, particularly smaller community events.
The company launched the BoomTV platform on the strength of the Code Red pro-amateur esports series. Boom.tv wants to make it easier to produce high-quality production of esports events and help the underserved community of civic groups, youth sports organizations, and school clubs share competitions with their audiences.
BoomTV runs a popular biweekly event series called Code Red, which reaches millions of monthly users. Top influencers participate from YouTube and Twitch, and that helps it aggregate tens of millions of watched minutes for its events. Additionally, influencers used the platform to run their own community gaming events every week.VB Transform 2020 Online – July 15-17. Join leading AI executives: Register for the free livestream.
“The whole beauty of it is that it’s all virtual,†said CEO Samir Gupta in an interview with GamesBeat. “And nobody is actually catering to the smallest communities. We have a long way to go, but it’s just a huge market. We’ve got a lot of momentum with what we were building, with a lot of influencers participating in the events.â€
Previously, BoomTV acquired the American Video Game League in a move to expand collegiate esports. The AVGL is one of the largest producers of collegiate esports events, content, and community initiatives.
Gupta said the round was oversubscribed, meaning the company raised more money than it asked for. Bitkraft Esports Ventures led the round, with participation from PTW and Crest Capital. The most popular games are League of Legends, Fortnite, and Call of Duty: Warzone.
The company will continue to invest in the Code Red ProAm series by increasing its prize pools and establishing long-term relationships with top gaming influencers. It will also invest in original esports programming. Over the last 12 months, the Code Red series has averaged 2.7 million unique viewers, and it has more than 4 million fans across social platforms. Players have earned more than $3.9 million in cash across 11,000 events since the fall of 2018. More than 75,000 content creators and 1,600 college programs are using Boom.tv.
Hypothetically, a local YMCA group could challenge a local fire department in a Fortnite tournament to help raise funds for the group’s travel fund. They could jump on Boom to set the event, register players, and enable score-tracking. Parents, family members, and community leaders could watch, share, and support the cause.
These small-scale events are the backbone of the competitive gaming movement and Boom is dedicated to simplifying the hosting experience across platforms like Mixer or YouTube.
The company has 24 employees. It makes money from sponsorships for its biggest events. The pandemic has helped the company grow, as players are turning to games while sheltering in place.
“We are lucky to be able to grow momentum now,†Gupta said.
In the past month, the company has seen 11% growth in viewership, and growth among influencers has grown, Gupta said.
Posted by AGORACOM-JC
at 11:48 AM on Tuesday, June 9th, 2020
SPONSOR: Tartisan Nickel (TN:CSE) Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information
Nickel Rush Restarts As Steel And Battery Demand Rises
Hints of something significant brewing in nickel can be found in the growing number of deals in the metal, especially a high-risk move by a small Australian mining company to buy the big but troubled Goro project on the Pacific island of New Caledonia
Latest developments in nickel indicate that the rush to build a position ahead of an EV revival is underway, with EV demand a key factor in BHP Group, the world’s biggest miner, retaining an interest in nickel after several years of trying to sell its Australian nickel assets
China’s rapid exit from its Covid-19 lockdown has triggered the restart of a rush for nickel, an old-fashioned metal mainly used in making stainless steel, but also a key ingredient in the batteries of electric vehicles.
While not yet attracting the eye of investors in the same way iron ore has with its 30% rise to $100 a ton there has been a strong flow of deals and a hint of stockpiling ahead of a possible nickel shortage.
Over the past two months the price of nickel has risen by 15%, admittedly off a pandemic low of $5 a pound to $5.75, potentially heading back to $8/lb, where it was last October.
No-one is yet talking about a higher target, the return to a time in 2007 when nickel was fetching more than $20/lb, but the there is growing confidence that nickel is heading back into boom conditions.
Hints of something significant brewing in nickel can be found in the growing number of deals in the metal, especially a high-risk move by a small Australian mining company to buy the big but troubled Goro project on the Pacific island of New Caledonia.
Goro nickel processing plant on the Pacific island of New Caledonia: Photographer Fred Payet/AFP … [+] AFP via Getty Images
At the same time as the sale of Goro made waves in the commodities world an investment bank detected anomalies in the Chinese nickel market in what looks to be a repeat of events last October when there were signs of an attempt to corner the nickel market.
Back then, speculators were very active in nickel because of a belief that demand from battery makers could quickly match demand from stainless steel makers, an event postponed thanks to a collapse in electric vehicle (EV) demand.
The latest developments in nickel indicate that the rush to build a position ahead of an EV revival is underway, with EV demand a key factor in BHP Group, the world’s biggest miner, retaining an interest in nickel after several years of trying to sell its Australian nickel assets.
Stockpiles Building
Macquarie Bank noted earlier this week an unusual development in nickel and other industrial metals which indicated a “non-reported†build up of stockpiles which pointed to demand running ahead of consumption.
One possible result of an excessive build up in stocks is a future price fall, unless consumption catches up.
An alternative view explored last week by Macquarie is that Chinese steel and battery markers are concerned about a future shortfall developing in nickel supply, especially from major suppliers such as Indonesia which has banned the export of unprocessed nickel ore.
Nickel mining in Soroako, South Sulawesi, Indonesia. Photo by Hariandi Hafid/SOPA Images/LightRocket … [+] LightRocket via Getty Images
Other investment banks doubt there is an immediate threat to nickel supplies because of the damage done to demand by the global economic slowdown. Citi argues that nickel has the most downside potential of the industrial metals with a surplus likely for the next three years before a deficit develops in 2024.
But concern about a weaker outlook for the nickel price does not sit easily with the proposal by New Century Zinc to acquire the loss-making Goro project from Brazil’s biggest mining company, Vale, or for other recent nickel deals.
Nickel Deal Flow Accelerating
Corporate moves in nickel include Western Areas, an Australian nickel miner, buying a 20% stake in a rival nickel stock, Panoramic Resources, and the acquisition of a 5% stake in emerging Brazilian nickel producer, Centaurus Metals by rich private investor, Kerry Harmanis, a man who made $500 million in 2007 with a well-timed exit from the nickel business when he sold Jubilee Mines to Xstrata.
The two key points in what’s happening with nickel are the development of a major new market in rechargeable batteries and its time-worn reputation for extreme cyclical moves, up and down, and while the last genuine nickel boom was 13 years ago there is a pattern developing in the price of the metal.
Since hitting its recent low of $3.50/lb in early 2016 nickel has made three strong recovery moves. Firstly with a rise to $5/lb in 2017, then up to $7/lb in 2018 followed by a rise to just above $8/lb last year.
The flurry of corporate activity among nickel mining companies, coupled with hints of hidden stockpiling in China and the combination of stronger than expected demand from stainless steel mills and an expected surge in demand for EVs point to nickel being in the early stages of a fresh upward price move.
Posted by AGORACOM
at 10:52 AM on Tuesday, June 9th, 2020
SPONSOR: American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. 2020 drilling has started, with 18,000 to 20,000 metres from 7-10 drill platforms with four diamond drill rigs. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits and is fully funded for exploration in 2020. Click Here For More Info
Located next to the world’s largest undeveloped gold deposit by reserves in B.C.’s Golden Triangle (KSM)
Drilling has started 1 month early
There are already holes shipped off to the lab for assays.
American Creek has a Fully Carried 20% Interest in the Treaty Creek Project
The currently known length of the northeast axis of the Goldstorm system is 850 meters and the southeast axis is 600 meters by 700m depth.
Mineralization depth in the north continues to 1,200m when the drills gave out
The system remains open in both directions and in depth
The total size of this mighty gold system has expanded significantly with each step-out borehole
AMK Partner Tudor is planning a step-out of 150 meters to the east and the north in 2020.
The richest mineralization at ‘Treaty Creek’ starts near the surface extending to a 300m depth, which clearly speaks for a future open pit mine.
The gold system is open on all sides and the geology and geophysics indicate a much larger system than has been defined.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.
Demand for world-class projects in politically stable regions such as Canada and Australia will increase significantly. Projects such as’ Treaty Creek ‘by Tudor Gold should be at the top of the big producers’ shopping list
JS Research from Germany just came out with a report on Treaty Creek and American Creek’s JV partner Tudor Gold, which includes projections for the size and value of the project. Below is the English translation:
TRANSLATED ARTICLE:
Tudor Gold Starts Powerful Drill Program With 22.5 To 32.1 Million Ounces Of Gold Eq Target ++ Billionaire Eric Sprott Invests Another CAD 2.9 Million!
The exploration pearl Tudor Gold Corp. (Ticker Canada: TUD, WKN: A2AJ7Y) we presented you in detail several times last year. Many of our readers can already look forward to exceptional price gains in their securities accounts, since the share has exploded from CAD 0.24 in 2019 to CAD 1.07 in the meantime! A gain of 345%. But that’s not all – we are convinced that Tudor Gold still has very high price potential.
Smart investors are now positioning themselves again at the perfect time – why? We have examined the latest company reports in more detail for you and summarized our assessment:
TOP NEWS 1:
Tudor Gold announced on May 11th (see link here) that the powerful drilling program has started on the flagship Project ‘Treaty Creek’ in BC’s Golden Triangle! The world-class explorer plans to drill a total of 20,000 meters there in the next few months. This means that this year’s drilling program is more than twice as large as last year when 9,781 meters were drilled in 14 holes.
TOP NEWS 2:
100% hit rate for the 2019 drilling program – all 14 holes have hit gold-bearing mineralization! Chapeau to the management team around the experienced CEO Walter Storm, who, as a co-founder of Osisko Mining (market capitalization then rose from under 10 million to over 4.5 billion CAD), had a real golden hand in exploration in Canada!
TOP NEWS 3:
The legendary star investor Eric Sprott has massively expanded his strategic stake in Tudor Gold! The billionaire announced on May 15, 20 that he had exercised two purchase warrants ahead of time and has thus transferred CAD 2.9 million to Tudor. (Read the German press release here: LINK) The smart Eric Sprott knows exactly how to make a lot of money in the raw materials sector! This further investment is a special seal of approval and strong proof of trust in the world-class Explorer Tudor Gold!!! Follow the ‘smart money’ and be there when Tudor Gold writes exploration history!
TOP NEWS 4:
Tudor Gold is one of the few exploration companies that are sufficiently funded to run such a mega exploration program! So there will be a lot of news flow in the next few months, which should cause extreme (positive) share price fantasy!
TOP NEWS 5:
The exploration team around Tudor Gold’s award-winning star geologist and VP Project Development, Ken Konkin , has even managed to start drilling four weeks earlier! This is top news, because the publication of the first drilling results can now be expected much earlier! Ken Konkin was instrumental in the discovery of Pretium Resources’ The Valley of Kings deposit. The very experienced Ken Konkin knows exactly what he is doing – we are expecting another successful exploration program this year!
TOP NEWS 6:
The company has big plans: On April 22, 20, Tudor announced that the metallurgical test work and preliminary basic studies on ‘Treaty Creek’ have started. For us, this is a strong sign that Tudor will continue to develop the project until it is ready for production after the release of a first resource (towards the end of this year?)! You can read the German press release here:
LINK TOP NEWS 7:
The gold price marked a new multi-year high of $ 1,765 in May and is still in a long-term cyclical uptrend. Many experts expect the nominal all-time high of around USD 1,920 to be exceeded in the next few months.
In April, the renowned American Bank of America made a forecast that gold could rise to up to USD 3,000 per troy ounce within 18 months! One of the reasons for the gold price rise is the launch of global economic stimulus programs and the massive expansion of money supply by the major central banks. It is estimated that the staggering $ 10 trillion in new money will be printed or launched on government programs.
These measures are designed to avert a severe recession / depression triggered by COVID-19. It is expected that we will see rapidly increasing inflation rates or even stagflation in the next few years! Gold is and remains one of the safest investments (a so-called ‘safe haven’) for investors in such an environment and offers the ultimate protection against inflation-related devaluation.
Gold stocks traditionally have significant leverage against gold. This means that if the gold price trend is positive, they will increase significantly more in percentage terms. Experience has shown that the typical leverage effect of a gold share is 1.5 to 4x. (A 1% price increase in gold usually means an increase of 1.5 to 4% for shares in the gold sector). Not so with Tudor Gold: the exploration company even had a much stronger lever on the gold price in 2019! It was a strong 12.6x in 2019! The stock increased from $ 0.24 to $ 0.79 from January 2, 2019 to December 31, 2018. This corresponds to a percentage increase of 229.2%. The gold price rose by only 18.1% over the same period. Tudor Gold’s leverage was 12.6x (calculation formula: 229.2: 18.1 = 20.5). [Gold lever Tudor gold]
TOP NEWS 8: Tudor Gold’s drilling results in 2019 are world class! We have listed a few of the most spectacular drill results to date:
Drill hole GS19-42: 0.849 g / t Gold Eq over 780 meters including 1.275 g / t Gold Eq over 370.5 meters in the 300 Horizon section;
Hole GS19-47: 0.697 g / t Gold Eq over 1,081.5 meters including 0.867 g / t Gold Eq over 301.5 meters in the 300 Horizon section;
Drill hole GS19-52: 0.783 g / t gold Eq over 601.5 meters incl. 1.062 g / t gold over 336.0 meters in the 300 Horizon section;
Hole GS19-48: 0.793 g / t Gold Eq over 927.0 meters;
Hole GS19-49: 0.800 g / t gold Eq over 826.5 meters including 1.080 g / t gold over 249 meters;
Hole GS19-50: 0.681 g / t Gold Eq over 577.5 meters; Hole CB-18-39: 1,086 g / t Gold Eq over 563.8 meters
Tudor Gold has already managed to define a significant mineralization corridor on Treaty Creek. The currently known length of the northeast axis of the Goldstorm system is over 850 meters and the southeast axis is at least 600 meters. The system remains open in both directions and in depth!
The total size of this mighty gold system has expanded significantly with each step-out borehole! As can be seen in the recently released press release, Tudor is planning another step-out well 150 meters away in 2020. Not to be painted if a long gold mineralization section is found again! And the best thing is that mineralization at ‘Treaty Creek’ starts near the surface, which clearly speaks for a future open pit mine!
Tudor Gold has therefore defined the so-called ‘Horizon 300 Zone’. This means the area of the first 300 meters from the ground. As you can see in the above results, the ore grades are often even over 1.00 grams of gold per ton! This increases the economy of this world-class project enormously. The gold system is open on all sides and the overall size has not yet been fully defined. Thus, Tudor Gold’s flagship project still has enormous exploration potential!
The company plans to begin producing an initial resource estimate for Treaty Creek immediately after the 2020 drilling season is completed. We took the trouble to simulate a potential resource based on the conceptual exploration target for Treaty Creek of 1 billion tons of rock and various assumptions of ore grades (grams of gold per ton). We would like to emphasize that this simulation is based on an interview by Ken Konkin with Swiss Resource Capital AG in November 2019 and various variable assumptions!
Tudor Gold’s star geologist Ken Konkin, Vice President Project Development, gave an impressive interview in November 2019.
Tudor Gold’s ‘Treaty Creek’ – the next significant world-class project in stable and mining-friendly Canada (BC) [Conceptual exploration target Treaty Creek]
As more and more gold producers have to replace their mined gold resources in order to maintain constant gold production, we believe that demand for world-class projects in politically stable regions such as Canada and Australia will increase significantly. Projects such as’ Treaty Creek ‘by Tudor Gold should be at the top of the big producers’ shopping list. Because the flagship project ‘Treaty Creek’ is close to the infrastructure of roads and electricity in mining-friendly western Canada.
Should Tudor Gold actually manage to prove an initial gold resource of 22-32 million ounces by the end of the year, there would be a highly explosive revaluation of the share! Currently, the market capitalization is only around CAD 137 million. As I said, Tudor Gold has not released a proven resource yet, but the spectacular drill results from 2019 show that the company may be controlling a world-class ore body on Treaty Creek!
We have created a hypothetical valuation matrix for Tudor Gold. If a producer were willing to pay, for example, USD 65 for each ounce of gold after the publication of a gold resource, the value of the gold treasure (eg 20 million ounces) at Treaty Creek would be CAD 1.98 billion. Tudor Gold’s 60% stake in Treaty Creek would have a value of $ 1.19 billion or $ 7.80 per share. This corresponds to a price potential of an incredible 748%!
[Hypothetical assessment of Treaty Creek]
Since Tudor Gold’s Treaty Creek project is located in politically safe Canada, a substantial takeover premium should be extremely realistic if a major is taken over by M&A.
$ 90 per ounce of gold is also easy in the realm of possibility. The takeover value for Tudor Gold would of course be correspondingly higher – in theory it would be approx. 10.80 CAD per share! That is why in previous articles we allowed Tudor Gold a clear potential for excavators. We expect huge news flow from Tudor Gold in 2020, especially for the upcoming drilling season, which will be a combination of ‘infill’ drilling and ‘step-out’ drilling.
In addition, the mineralization zones begin near the surface, which strongly suggests that a large open open- cast mine may develop here. And it is known that Tudor Gold’s flagship project can be connected to a few kilometers away infrastructure (electricity and road).
‘Wild Card’:
Seabridge Gold is the adjacent neighbor to Tudor Gold’s Treaty Creek project and plans to bring the “KSM project” into production. Should this extremely costly mine project, with an initial cost of capital of $ 5.4 billion estimated, ever be financed and go into production, Seabridge plans to build a tunnel directly through Treaty Creek. As can be seen from various company presentations and on the Seabridge website, this so-called ‘ Mitchell Treaty’ tunnel (‘MTT’) is to be used to design an underground train system via which not only ore but also personnel and consumables are to be transported. As we can assess the situation from a distance, the possible tunnel is quite close to the potential Goldstorm gold system on ‘Treaty Creek’ – Tudor Gold will definitely not allow sterilization of your future resource!
In our opinion, this tunnel will only be possible, if at all, under very mutually acceptable conditions and at eye level with Tudor Gold! Otherwise, it would be hard for us to imagine how Seabridge would survive a multi-billion-dollar lawsuit if the planned tunnel ran straight through Tudor Gold’s future (potential) open pit mine.
Tudor’s Treaty Creek project is significantly closer to key infrastructure such as highway and electricity than its neighbor Seabridge Gold. Therefore, gold producers’ interest in Tudor Gold should also be greater. We also expect significantly lower capital costs to build a mine at Treaty Creek.
[Proposed sea bridge tunnel] Source: Seabridge Gold company presentation, July 2019
Summary of Highlights:
Prime location: Huge land package in the world-famous Canadian ‘Golden Triangle’ – more than 72 million ounces of gold have already been discovered within a few kilometers.
The Treaty Creek flagship project is adjacent to the largest world-class deposits and mines. (Seabridge Gold and Pretium Resources)
Top Management – Very experienced and successful team under the leadership of the renowned Walter Storm , co-founder of the Canadian mining company Osisko Mining . Ken Konkin , a multi-award winning geologist, has led the drilling program since 2019. He was instrumental in the discovery of Pretium Resources’ The Valley of Kings deposit. (8 million ounces of gold)
World-Class Drill Results at Treaty Creek Project:
The 2019 drilling program resulted in first-class continuous mineralization sections, for example Drill hole GS19-42: 0.849 g / t Gold Eq over 780 meters including 1.275 g / t Gold Eq over 370.5 meters in the 300 Horizon section;
Hole GS19-47: 0.697 g / t Gold Eq over 1,081.5 meters including 0.867 g / t Gold Eq over 301.5 meters in the 300 Horizon section;
Drill hole GS19-52: 0.783 g / t gold Eq over 601.5 meters incl. 1.062 g / t gold over 336.0 meters in the 300 Horizon section;
Hole GS19-48: 0.793 g / t Gold Eq over 927.0 meters; Hole GS19-49: 0.800 g / t gold Eq over 826.5 meters including 1.080 g / t gold over 249 meters;
Hole GS19-50: 0.681 g / t Gold Eq over 577.5 meters; Hole CB-18-39: 1,086 g / t Gold Eq over 563.8 meters
Enormous exploration potential – large parts of the exploration projects are still largely unexplored.
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Posted by AGORACOM-JC
at 9:15 AM on Tuesday, June 9th, 2020
launched of a 12 month online marketing campaign through AGORACOM for the purposes of targeting new potential investors that would be specifically interested in the Company’s business model, as well as engaging current shareholders
The Company is paying $0 in cash for the program due to AGORACOM’s cashless and fully compliant shares for services program
TORONTO, June 09, 2020 – ThreeD Capital Inc. (CSE:IDK) (the “Companyâ€), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce the launch of a 12 month online marketing campaign through AGORACOM for the purposes of targeting new potential investors that would be specifically interested in the Company’s business model, as well as engaging current shareholders. The Company is paying $0 in cash for the program due to AGORACOM’s cashless and fully compliant shares for services program.  Â
SIGNIFICANT EXPOSURE THROUGH AGORACOM DIGITAL NETWORK
In 2019, AGORACOM surpassed 600 million page views, exceeded industry engagement metrics by over 400% and has served over 350 public companies.
The IDK HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 12 months will be live on June 10th and can be found at https://agoracom.com/ir/threedcapital.
The IDK HUB will receive significant exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network. AGORACOM is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.
MODERATED DISCUSSION FOR MANAGEMENT AND SHAREHOLDERS
The Company has also launched a “CEO Verified†Discussion Forum on AGORACOM to serve as the Company’s primary social media platform to interact with both current and prospective shareholders in a fully moderated environment.
Sheldon Inwentash, Chief Executive Officer stated, “The long-term nature of our investments now dictates this is an appropriate time to begin raising awareness about our portfolio and engaging our shareholders via the IDK Verified Forum.”
George Tsiolis, AGORACOM Founder stated “AGORACOM members and followers know that we have placed a heavy emphasis on our thesis that disruptive technologies will change the shape of the world this decade more than the last two decades combined. ThreeD Capital, as an investor in multiple disruptive companies, is not only a perfect fit but also a perfect vehicle for investors that prefer to invest in a basket of disruptive companies that they otherwise would not be able to reach. We are happy to take their story to the world and encourage shareholders to do the same by participating in the IDK HUB.â€
SHARES FOR SERVICES
The Company intends to issue common shares in the capital of the Company to AGORA in exchange for the Services. Pursuant to the terms of the Agreement, the Company will be issuing a total fee of $60,000 (plus HST), to be paid as follows:
TERM: May 27, 2020 – May 31, 2021
$12,000 + HST Shares For Services upon Commencement May 27, 2020 for initial set up of HUB, marketing materials and search engine programs.
$12,000 + HST Shares For Services at end of Third Month August 27, 2020
$12,000 + HST Shares For Services at end of Sixth Month November 27, 2020
$12,000 + HST Shares For Services at end of Ninth Month February 27, 2021
$12,000 + HST Shares For Services at end of Twelfth Month May 31, 2021
Per CSE Policy, the deemed price of the securities to be issued will be determined after the date services are provided to advertiser in each period and are to be calculated using the closing price on each date above.
About AGORACOM
AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors. ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur, including the effective date of trading of the post-Consolidation common shares. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
Posted by AGORACOM-JC
at 7:09 AM on Tuesday, June 9th, 2020
Announced that Seasun Biomaterial’s 20 minute rapid Nucleic Acid test kit, AQ-TOP COVID-19 Rapid Detection Kit, has received authorization from the U.S. Food & Drug Administration
Registered under the Coronavirus Disease 2019 (COVID-19) Emergency Use Authorizations for Medical Devices
So far, Datametrex has a total of three test kits that are FDA approved under Coronavirus Disease 2019 (COVID-19) Emergency Use Authorizations for Medical Devices available for sale
TORONTO, June 09, 2020 — Datametrex AI Limited (the “Company” or “Datametrex“) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce that Seasun Biomaterial’s 20 minute rapid Nucleic Acid test kit, AQ-TOP COVID-19 Rapid Detection Kit, has received authorization from the U.S. Food & Drug Administration (“FDAâ€) registered under the Coronavirus Disease 2019 (COVID-19) Emergency Use Authorizations for Medical Devices (“EUAâ€).
“These test kits can expedite the process of testing by reducing testing times, aiding in an earlier detection of the virus, a more accurate prediction of the positive cases, and a decrease of the infection rate,†said Marshall Gunter, CEO of the Company.
Additionally Datametrex would like to provide an update on the 1drop Inc. (“1dropâ€) test kits. The 1copy™ COVID-19 qPCR Multi Kit has secured FDA authorization under the EUA. This is a nucleic test kit providing results in less than two hours that verifies the RdRp gene for SARS-CoV-2 with real-time qPCR kits via a nasopharyngeal swab and oropharyngeal swab, specifically targeting the E gene sequences of COVID-19.
So far, Datametrex has a total of three (3) test kits that are FDA approved under Coronavirus Disease 2019 (COVID-19) Emergency Use Authorizations for Medical Devices (“EUAâ€) available for sale. The approved test kits are 1copy™ COVID-19 qPCR Multi kit, Seasun U-TOP™ COVID 19 Detection Kit, and AQ-TOP COVID-19 Rapid Detection Kit.
“Having seen the urgent need for COVID-19 test kits, Datametrex is doing everything it can to help Canada combat COVID-19 and flatten the curve. In the meantime, having FDA under EUA approved test kits allow us to help our neighbours to the south and any Canadian company with operations in the US,” says Marshall Gunter, CEO of the Company.
With regard to the FDA authorization: (1) this test has not been FDA cleared or approved; (2) this test has been authorized by the FDA only for the detection of nucleic acid from SARS-CoV-2, not for any other viruses or pathogens; and (3) this test is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Act, 21 U.S.C. § 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner.
The Company’s ability to fulfill any purchase order for COVID-19 test kits is subject to the availability of inventory at the time of order. Due to the extraordinarily high demand for COVID-19 test, there is volatility in the supply chain and available supply may fluctuate on a daily basis. Datametrex anticipates that it will have little or no upfront costs associated with importing and selling these test kits.
About Seasun Biomaterials
Seasun Biomaterials Inc. (“Seasunâ€) of South Korea is an in vitro diagnostic company that develops molecular diagnostic platforms of infection diseases, cancer as well as genetic and epigenetic disorders. Developing and commercializing innovative real-time PCR-based diagnostic platforms through the development of our proprietary technologies to provide more advanced molecular diagnostic services. Additional information on Seasun is available at www.seasunbio.com
About 1drop Inc.
1drop Inc. aims to provide a solution to manage health with a drop of fluid. It has the key technologies for becoming a global leading company in the field of smart health care. 1copy™ COVID-19 qPCR Multi Kit can reduce the risk of asymptomatic and latent infection of COVID-19 by a single virus level limit of detection. It is located in South Korea and is a medical technology spin-off from Samsung Electronic’s C-Lab program. The C-Lab is an internal incubation program within Samsung that first started in 2012 to help inspire a more creative company culture. 1drop already has more than five products approved in Europe in the past 18 months under the CE marking certification. The team has been working around the clock to identify and source high quality test kits from South Korea for Canada. Additional information on 1drop Inc. is available at www.1drop.co.kr
About Food and Drug Administration EUA
On February 4, 2020, pursuant to Section 564(b)(1)(C) of the Act, the Secretary of the Department of Health and Human Services (HHS) determined that there is a public health emergency that has a significant potential to affect national security or the health and security of United States citizens living abroad, and that involves the virus that causes COVID-19. Pursuant to Section 564 of the Act, and on the basis of such determination, the Secretary of HHS then declared that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of the virus that causes COVID-19 subject to the terms of any authorization issued under Section 564(a) of the Act.
About Datametrex
Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, the Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.
For further information, please contact: Marshall Gunter – CEO Phone: (514) 295-2300 Email: [email protected]
Neither the TSX Venture Exchange nor it’s 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 information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Posted by AGORACOM-JC
at 7:06 AM on Tuesday, June 9th, 2020
Announced the receipt of approximately $4,375,000 from the exercise of warrants
Combined with the Company’s press release on May 26, in which the Company announced the receipt of approximately $1,860,000 from the exercise of warrants, the Company has received an aggregate of approximately $6,235,000 as of June 8, 2020 from the exercise of warrants by investors participating in the Company’s IPO.
BIRKIRKARA, Malta, June 09, 2020 — Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Companyâ€), a licensed online gambling company with a focus on esports wagering and 18+ gaming, is pleased to announce the receipt of approximately $4,375,000 from the exercise of warrants.
TOTAL WARRANT EXERCISE SINCE IPO TOTAL APPROXIMATELY $6.2 MILLION
Investors participating in the Esports Entertainment Group’s public offering of securities, which was consummated on April 14, 2020 (the “April Offeringâ€), exercised a total of 1,029,393 warrants at a price of $4.25 per share for gross proceeds of approximately $4,375,000 since May 22, 2020.
Combined with the Company’s press release on May 26, in which the Company announced the receipt of approximately $1,860,000 from the exercise of warrants, the Company has received an aggregate of approximately $6,235,000 as of June 8, 2020 from the exercise of warrants by investors participating in the Company’s IPO.
“Today’s announcement significantly bolsters our financial strength and resources necessary to execute our business plan,†said Grant Johnson, CEO of Esports Entertainment Group. “The continued support and confidence of our valued shareholders is deeply appreciated as we aggressively pursue our growth strategy in 2020 and beyond.”
ABOUT ESPORTS ENTERTAINMENT GROUP
Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao, Kingdom of the Netherlands and is able to accept wagers from over 149 jurisdictions including Canada, Japan, Germany and South Africa. Esports Entertainment offers fantasy, pools, fixed odds and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company maintains offices in Malta. For more information visit www.esportsentertainmentgroup.com
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
Contact:
U.S. Investor Relations RedChip Companies, Inc. Dave Gentry 407-491-4498 [email protected]
