Posted by AGORACOM
at 12:13 PM on Friday, May 15th, 2020
Sponsor: Loncor, a Canadian gold explorer controlling over 3.6 million high grade ounces outside of a Barrick JV. The Ngayu JV property is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 814,000 ounces of gold in 2019. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting their Tier One investment criteria. Newmont $NGT$NEM owns 7.8%, Resolute $RSG owns 27% Management owns 29% Click Here for More Info
New major gold discoveries have been on a decline this past decade, according to a report by S&P Global Market Intelligence.
During the past three years there were no major new gold discoveries, the report said. And during the past decade, there were only 25 new major discoveries.
Dwindling numbers are due to miners focusing on exploration around older mines, S&P Global said.
“The lack of new discoveries is the result of exploration focusing on older discoveries and later-stage assets,†wrote S&P Global principal research analyst Kevin Murphy. “While there are still plenty of gold assets to be developed, the lack of new major deposits being discovered means that the project pipeline is increasingly short of large, high-quality assets needed to replace ageing major gold mines.â€
The 25 major deposits discovered in the last decade represent 154.3 million ounces or only 7% of all gold discovered since 1990. According to the S&P Global data, there were 278 major new gold deposits found between 1990-2019, totaling 2.19 billion ounces of gold reserves.
A major factor responsible for the drastic decline in the last ten years is the budget dedicated to new discoveries, Murphy pointed out. Instead of looking for new discoveries, explorers were zeroing in on known deposits around operating mines.
“The total for the past decade might only rise to about 266 million ounces once subsequent exploration efforts are completed,†Murphy noted.
On top of lower budgets for new explorations, the COVID-19 outbreak is likely to negatively contribute to the lower discoveries rate going forward.
“We do not expect the trend to reverse in the near term,†Murphy stated. “We expect quite the opposite in 2020 as COVID-19 impacts exploration plans by companies of all sizes.â€
The junior miners’ exploration programs are likely to be affected the most by the coronavirus. “The largest impact will be reductions due to lockdowns or companies exercising caution with their personnel. We expect gold budgets to decline about 20% in 2020,†Murphy said.
And this is not just in the gold sector with Murphy estimating total mining exploration spending to fall in 2020.
“Producers will not be spared, as they face lower metals prices and country-wide closures in areas in which they operate, sending their budgets an estimated 23% lower. As a result, we now expect global exploration budgets to fall 29% in 2020 to a total of US$6.9 billion,†Murphy said in another report published in April.
Posted by AGORACOM-JC
at 10:27 AM on Friday, May 15th, 2020
Received a purchase order for COVID-19 test kits from a Canadian based mining company with over 4,000 employees in multiple jurisdictions outside of Canada
Under the terms of the PO, Datametrex will sell to the purchaser an initial 10,000 units of COVID-19 Detection Kits, comprising of 10,000 3 mL Universal Transport Medium (UTM®) Sterile Swabs with 16x100mm Skirted Tubes with Plastic Red Capture Caps, and 1 Real-Time PCR Detection System machine to analyze the samples
Total gross sales amount is approximately $500,000 CDN, excluding shipping
TORONTO, May 15, 2020 — Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce it has received a purchase order for (the “POâ€) COVID-19 test kits from a Canadian based mining company with over 4,000 employees in multiple jurisdictions outside of Canada.
Under the terms of the PO, Datametrex will sell to the purchaser an initial 10,000 units of COVID-19 Detection Kits, comprising of 10,000 3 mL Universal Transport Medium (UTM®) Sterile Swabs with 16x100mm Skirted Tubes with Plastic Red Capture Caps, and 1 Real-Time PCR Detection System machine to analyze the samples. The total gross sales amount is approximately $500,000 CDN, excluding shipping. Datametrex anticipates that it will have little or no upfront costs associated with the sale of these test kits. The Company has secured all testing kits, swabs, tubes and the PCR machine from the manufacturer required to fulfill the order. All of the items will be shipped directly from manufacturers to the purchaser at their operating site in Africa.
“Datametrex is honoured to be assisting this Canadian company to protect and safeguard the health and welfare of their employees, local contractors, and the local population. We are proud to be able to help Canadians and companies to reopen businesses around the world and to help people return to work safely. We sincerely wish them and all Canadian companies the best during this pandemic,†says Marshall Gunter, CEO of the Company.
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).
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 10:05 AM on Friday, May 15th, 2020
Company has augmented the Board of Directors to include international Board of Directors and Board Advisors
Joining the Board of Directors is Duncan Cowie, CPA-CA, and as a Principal Advisor to the Board of Directors, Ambassador Vishnu Prakash
OTTAWA, May 15, 2020 — betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the “Company†or “betterUâ€) is pleased to announce that as part of the Company’s 2020 restructuring plan the Company has augmented the Board of Directors to include international Board of Directors and Board Advisors. Joining the Board of Directors is Duncan Cowie, CPA-CA, and as a Principal Advisor to the Board of Directors, Ambassador Vishnu Prakash. The new board support will advance the Company’s expertise in the areas of the education marketing, global business development, financial management, M&A, public markets and board governance. The Company will also continue its efforts over the months to come, to add more expertise to support the Board of Directors and Company leadership. Â
Board members Praveen Varshney, Robert Kang and Rajeev Dewan have agreed to step down from the board of Directors effective immediately to allow for the restructuring of the new board and advisors to take place. “With the transformation of our business in early 2020, the advancements of our North American B2B SaaS focus and clients, along with our international growth plans, it is time to bring in new leadership and governance that can help transform and advance our global growth. I want to thank the exiting board members for their time and commitment to the company over the years. Both myself and my Board Chairman, Tony Keenan will continue to work at advancing the strength and support our leadership to be successful in 2020 and beyondâ€, said Brad Loiselle, President and CEO betterU.
In early 2020 betterU started advancing their innovative B2B Ready-To-Go platform resulting in several new North American clients. While the betterU team continues to advance their automation and AI capabilities to support the scale of international users, the new Board and Special Board Advisors will provide greater insight, financial governance, investor, public support and connections to help accelerate betterU’s global growth in revenues and strategic partnerships.
About Duncan Cowie
Mr. Cowie has over three decades of holding senior executive positions including as the CEO Global Connect-China, the Executive VP and Regional Manager for Transcom Worldwide / NuComm International, the VP and General Manager / Finance of CSA Group, the Sr. VP and CFO Minacs Worldwide, the CFO and VP for The Hospital for Sick Children and the VP Strategic and Business planning Molson Breweries.
Mr. Cowie also has five years of experience building education and training programs. Experienced in corporate development activities including leadership of international business operations, mergers and acquisitions, partnerships and agency structures. Results demonstrated through leadership decision- making, organizational design and people development, and through the design and execution of strategic and tactical plans. Mr. Cowie’s experience spans the globe with a focus on China and Asia, North America and Europe. Delivering creative and innovative teaching approaches built on real-life experiences and solutions for complex business issues.
“betterU is a rare ed-tech that is driven by a passionate team with a global vision and solutions that are starting to take shape. I am excited to join betterU’s Board of Directors to help support and advance their global efforts. I am looking forward to digging deep into the company and helping them grow,†said Duncan Cowie.
About Ambassador Vishnu Prakash, former Envoy to Canada and South Korea
Mr. Prakash is a lawyer (gold medalist) by training and a diplomat by profession, retired as India’s High Commissioner to Canada in November 2016, after over 35 years in the saddle, as an Indian Foreign Service (IFS) officer. Hitherto, he was Ambassador to South Korea, Official Spokesperson of the Ministry of External Affairs and Consul General to Shanghai. He also held various positions at Indian Missions in Tokyo, New York, Moscow, Islamabad, Vladivostok and Cairo. Mr. Prakash did a sabbatical with the ‘Asia Pacific Center for Security Studies’ in Hawaii (USA) in 1996. In 2013, he was conferred an Honorary Doctoral degree in Business Administration by Tongmyong University, Busan (South Korea) and also recognized as the ‘Ambassador of the Year, 2014’ by the Asia Society, Korea Center.
Presently Mr. Prakash is a foreign affairs analyst, speaker, columnist and commentator. His areas of interest span the Indo-Pacific region, including North-east Asia (China, Japan and Koreas), ASEAN & South Asia, the US, Canada and Israel.
Ambassador Prakash is a sought-after speaker, across the country, by colleges, Universities and training institutions especially on Indian diplomacy and international issues. He was recognized as an “Outstanding Diplomat” by PIMR (Prestige Institute of Management and Research), Indore in January 2020.
He has been writing for Hindustan Times, The Korea Times, The Asian Age, ETV Bharat, and The Quint, among other media outlets. Mr. Prakash has been associated with and / or contributing papers / articles for prominent think-tanks like IDSA, Ananta Aspen Centre, ORF, VIF and ICS, to name a few. He has also contributed chapters for publications by IDSA and Indian Foreign Affairs Journal. Amb. Prakash regularly appears as an expert panelist on Indian and international TV channels.
“I have had the opportunity to work with the CEO of betterU for many years and have grown fond of his vision and passion for supporting access to education in my country. I am thrilled to join the Company as a Principle Advisory to the Board of Directors and I will be working closely with all board members and the Company’s leadership to help support their efforts not only in India, but globally as wellâ€, said Ambassador Prakash.
About betterU Education Corp.
betterU is an education-to-employment technology company offering an end-to-end solution leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales. If you are looking for support in regards to COVID-19, please visit https://readytogo.betteru.ca/ to download your free COVID-19 Resource Toolkit.
betterU has integrated into its platform the content, technology and support for tailored skills assessments, learning pathways and training modules from 100+ of the world’s leading online education providers. betterU’s eco-system includes detailed job, skill, employer, and educational profiles spanning 3,000+ standardized jobs. betterU’s integrated platform is the most efficient solution to address evolving skilling challenges for employers and employees through the employment lifecycle from entry level to executive. We don’t sell content; we help build better people.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 7:22 AM on Friday, May 15th, 2020
Received the ability to import Hand Sanitizer for the duration of the COVID-19 emergency response from the Health Products and Food Branch of Health Canada
Site License Number: COV0950 was issued by the Natural and Non-prescription Health Products Directorate of Health Canada
VANCOUVER, British Columbia, May 15, 2020Â — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo” or the “Company”)Â is pleased to announce that it has received the ability to import Hand Sanitizer for the duration of the COVID-19 emergency response from the Health Products and Food Branch of Health Canada.
“This license specifically authorizes the license-holder to manufacture, package, label and/or import “antiseptic Skin Cleansers/Hand Sanitizers†as described in the Product Monograph provided by Primo Nutraceuticals Inc., to Health Canada. The following site is considered to-be-in compliance with GMP requirements outlined in PART 3 of the Natural Health Products Regulations. Activities include: Importing to Canada and Manufacturing, Packaging and Labeling from the U.S.A.â€
Site License Number: COV0950 was issued by the Natural and Non-prescription Health Products Directorate of Health Canada to Primo Nutraceuticals Inc. (CSE:PRMO) on April 21st, 2020.
Further to the press release dated March 24, 2020, where Primo signed a production order with Celebrity Driven Brand Beauty Kitchen to provide 1,000 units of free non-hydroalcoholic hand sanitizer. The hand sanitizer will be produced by beauty kitchen, located at 1512 Industrial Rd. Boulder City, Nevada. The production Facility currently has the capacity to produce $450,000USD of product per month. The relationship with Beauty Kitchen has allowed Primo to private label most of Beauty Kitchens product line. This allows Primo to produce product without the construction of its own facility.
The initial run of 1,000 units was financed internally. Future production orders will be financed as procurement orders from the health industry are received. The company will entertain options for equity financing once orders start to come in. The sample of 1,000 units will be handed out to hospital and health care industry professionals.
The management team and Board of Directors at Primo have decided that after handing out all 1,000 units, the hand sanitizer will be made available for purchase directly from the Company’s online shop at:www.primoceuticals.com/shop Users of the site may also notice that the Company has recently added to the shop a ready to purchase Primo branded, breathable, washable and re-usable neck gaiter/face mask that can be used in assisting to combat the virus.
Andy Jagpal, President Comments
“This is an absolute win for the company. We have joined companies like Purell who have been permitted to provide these essential products to combat the spread of the Corona virus. Our goal is to be able to bid on procurement contracts from government hospitals and nursing home facilities as soon as our 1,000 sample hand sanitizer arrive.â€
“I would also like to add, if you’re a private corporation, healthcare center, pharmacy or any type of business that requires hand sanitizer to fight against the virus, we ask that you send your requests to Primo at: [email protected] so that we can fulfill those orders without delay.â€
About Primo Nutraceuticals
Primo Nutraceuticals Inc. (“Primo” or the “Company”) is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and non-cannabis related products in Canada and the United States. Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo’s management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of “Primo†branded retail outlets – offering “Thrive,” “Primo,” and a selection of curated partner brands. The Company possesses proprietary formulas for cannabis edibles, topical, and tinctures. Primo is focused on building a strong presence in the hemp industry with the objective of extracting and selling cannabinoids (CBD) products in both Canada and the United States.
On behalf of the Board of Directors
PRIMO NUTRACEUTICALS INC.
“Andy Jagpalâ€
President and Director
For further information, please contact Zoltan, IR Representative at: 604-722-0305, or; [email protected]
To learn more about what this news means to the shareholders visit:
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.No regulatory authority has approved or disapproved the information contained in this news release.UnfollowRecommend
Posted by AGORACOM-JC
at 7:17 AM on Friday, May 15th, 2020
Announced that in connection with its previously announced underwritten public offering of 1,980,000 units, the underwriters partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company at a price of $4.23 per share
BIRKIRKARA, Malta, May 15, 2020 — Esports Entertainment Group, Inc. (Nasdaq CM: GMBL, GMBLW) (or the “Companyâ€) a licensed online gambling company with a focus on esports wagering and 18+ gaming, today announced that in connection with its previously announced underwritten public offering of 1,980,000 units, the underwriters partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company at a price of $4.23 per share. Esports Entertainment Group received additional gross proceeds of $885,762 from the sale of these shares, before deducting underwriting discounts and commissions and other estimated offering expenses.
Maxim Group LLC acted as the lead book-running manager for the offering. Joseph Gunnar & Co., LLC acted as co-book-running-manager for the offering.
The offering was conducted pursuant to the Company’s registration statement on Form S-1 (File No. 333-231167) previously filed with and subsequently declared effective by the Securities and Exchange Commission (“SEC”) on April 14, 2020. A prospectus relating to the offering has been filed with the SEC. The offering was made only by means of a prospectus. Electronic copies of the prospectus relating to this offering may be obtained from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745 and is available on the SEC’s website at http://www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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]
Posted by AGORACOM-JC
at 7:13 AM on Friday, May 15th, 2020
Empower Clinics to power online education platform for patients, retail locations, national tele-medicine platform and their expanding network of franchisees with EuroLife’s Cannvas.me
Under the terms of the agreement, Empower has been granted an exclusive license of the Cannvas.me platform in the United States and Mexico with an option to expand to other jurisdictions
VANCOUVER, BC / May 15th, 2020 / EMPOWER CLINICS INC.(CSE: CBDT) (OTC: EPWCF) (Frankfurt 8EC) (“Empower” or the “Company“), a vertically integrated life sciences company, is pleased to announce that further to the letter of intent announced on February 25, 2020 it has signed a definitive agreement with EuroLife Brands (“EuroLife”), a vertically integrated enterprise focused on the pan-European hemp, cannabinoid, and health and wellness sector. The agreement grants Empower an exclusive license to EuroLife’s “Cannvas.me” cloud based online educational platform in certain international jurisdictions. Empower will use the web-based education technology platform to deliver brand, product, and industry knowledge to employees and over 165,000 patients across Empower’s six corporate clinics in Arizona, Oregon, its first franchise in Oklahoma and nationwide tele-health platform.
Under the terms of the agreement, Empower has been granted an exclusive license of the Cannvas.me platform in the United States and Mexico with an option to expand to other jurisdictions. The agreement includes a three-year term with a three-year renewable option. A licensing fee will be paid over the life of the agreement, consisting of a mixture of cash and stock totalling $460,000 CAD and includes comprehensive service level agreements from EuroLife and ongoing support from EuroLife team roles including VP of Technology, Senior Developer, Quality Assurance, Creative Designer, Program Management, Account Management and regular support from EuroLife’s CEO.
“We needed a robust platform to reach our growing network of owned and franchised locations across the United States and EuroLife’s Cannvas.me education platform exceeds all of our requirements,” said Steven McAuley, chairman and chief executive officer of Empower. “We now have the ability to reach our employees and the patients they serve through a safe, secure and informative online education portal. I believe the ability to deliver consistent product education quickly and efficiently is a competitive advantage that we will leverage as we continue to grow our patient count and number of locations.”
“I am very pleased to announce the agreement with Empower to license our Cannvas.me education portal to reach both employees and medical and retail consumers on an incredibly efficient basis,” said Shawn Moniz, Chief Executive Officer, EuroLife Brands Inc. “I look forward to working with Steven and his incredible team at Empower as they expand their footprint across the United States.”
Cannvas.me is a consumer education portal launched in 2018 for medical and recreational cannabis consumers. Through many discussions with industry stakeholders the management team discovered there was significant demand for a cloud-based education portal for licensed producers, retail dispensaries and other large to mid-sized companies in the cannabis sector.
ABOUT EMPOWER
Empower is a vertically integrated health & wellness brand with a network of corporate and franchised health & wellness clinics in the U.S. The Company is building its first hemp-derived CBD extraction facility and produces its proprietary line of cannabidiol (CBD) based products. The Company is a leading multi-state operator of a network of physician-staffed wellness clinics, focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The Company has commenced activity on how to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies, psilocybin and other psychedelic plant-based treatment options. The Company now offers COVID-19 testing options in the United States and physician-based consultations, to address COVID-19 concerns.
About EuroLife Brands Inc.
EuroLife Brands is a leading global markets cannabis brand empowering the medical, recreational and CPG cannabis industry worldwide through a data-driven CBD marketplace supported by exclusive and unbiased physician-backed cannabis education and detailed consumer analytics.
For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI
DISCLAIMER FOR FORWARD-LOOKING STATEMENTS
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 statements regarding: the Company’s expected timing of filing of its Annual Filings, the Company’s intention to create psilocybin and psychedelics divisions, that market research on advancements in psilocybin and psychedelics in North America and globally will create greater shareholder value, the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond; the ability of the Company to complete or execute phases One, Two, Three or Four of COVID-19 test programs, and Psychedelic substances remain illegal in most countries, so please reference your local laws in relation to medical or recreational use. 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 Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect 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 acquisitions and partnerships; and other factors beyond the Company’s control. 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.
Tags: CBD, CSE, Hemp, Marijuana, mental health Posted in Empower Clinics Inc., Featured | Comments Off on Empower Clinics $CBDT.ca and EuroLife Brands $EURO.ca Close Definitive Agreement and Sign Multi-Year Multi-National Licence Agreement $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca
Posted by AGORACOM-JC
at 5:46 PM on Thursday, May 14th, 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
Baby Meals Growing by 153% as Parents Stock Up on Infant Nutrition
The COVID-19 outbreak caused many consumers to stock up on essentials as they feared an indefinite lockdown
Baby food is one essential item that has seen soaring demand during the pandemic
Many consumers have struggled to find items like canned or jarred baby foods and infant formula in stores and online as manufacturers like Similac and Enfamil work to increase their production and restock shelves.
There has also been rising demand for organic baby foods as consumers are more concerned about ensuring their children have access to healthy foods that can help boost their personal immunity. All of this has led to a rising interest in baby meal delivery services like Yumi and Little Spoon which provide a weekly menu of freshly prepared meals suitable for babies and toddlers.
Posted by AGORACOM-JC
at 4:42 PM on Thursday, May 14th, 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.
2020 is going to be a year we’re never going to forget, that’s pretty much a given
Covid-19 is going to be the headline for the year, but there’s another that’s quietly burning in the background: mobile esports
We think the market is going to explode this calendar year. And here’s why:
The Numbers
Let’s start with what the data-driven experts give us. The gist of it: in terms of cold numbers, esports is going through incredible growth (and it’s going to get even better). In 2017, revenue number clocked in at an impressive $665 million.
Compared to what 2020 promises to be, however, these figures will look like chump change. What you find in the back of the couch kind of stuff. Esport is definitely here to stay according to WSN, it is expected that wagering will reach a staggering $12.9 billion in 2020 alone. Considering that at the time of writing most of the world is in lockdown mode, that figure could climb even higher.
So the conclusion is an obvious one. 2020 will be a great year for mobile esports. But why? What are the reasons behind this shift? Let’s break it down.
The Introduction of 5G Networks
There’s an infamous quote that has gone around the gaming community for a few years: “Games don’t make you violent, lag does.†Even if you’re not a gamer, you’ve undoubtedly experienced similar frustration. You’re in the middle of finishing your last-minute work presentation while commuting on the train, and the signal dies. You’re trying to watch Netflix, but all you get is a stuttering grainy mess that vaguely resembles your favorite show.
Lag is the worst.
And because of the lack of a high-speed reliable connection, mobile gaming hasn’t quite been able to reach its potential. When it comes to multiplayer esports gaming, lag is a showstopper. With the already decent 4G and with the introduction of 5G networks, mobile gaming is now a serious proposition. 5G technology will allow more of us to connect, higher speed transfers, and lower latency (the latter being essential for multiplayer gaming).
Introduction of Major Titles
Mobile esports has always been a bit of a brother to more popular gaming options. Developers would look at the flagship titles for PCs and consoles first and foremost, with mobile gaming coming in at a distant second.
That situation is changing rapidly. Instead of having to choose from games developed by the second string, mobile esports is growing in credibility and in the quality of games available. Compared to just a few years ago, it’s just no contest.
Perhaps the best example is Free Fire, essentially an online battle royale that attracts millions of players from around the world. Comparable and perhaps even superior to titles in the same genre, Free Fire welcomed over one million viewers for its inaugural tournament.
We’re also seeing familiar titles from traditional consoles being released on mobile. Call of Duty: Mobile is perhaps the most well-known example, with the game being downloaded more than 170 million times since it was released. Clearly the big players are seeing there’s a huge market with massive potential to tap into.
The ‘Non-Gamer’ Gamers
Mobile games attract a sector that most consoles and PCs haven’t yet been able to touch: non-gamers. The numbers are revealing: 80% of people who do not list gaming as one of their interests are nevertheless still playing games on their cell phones on a consistent basis. Considering many of us own a smartphone, that’s a huge number of people being introduced to mobile gaming (and by extension esports) that never would have been otherwise.
Also, consider just how popular smartphone gaming is in fast-growth markets. In Africa, for example, 70% of smartphone users open up a mobile game. In LATAM, it’s 60%. With smartphone usage increasing and connections being improved across the board, esports is now a realistic option for many players.
Accelerated Growth
Covid-19 has touched every fabric of modern life. With the majority of us being stuck inside for most of our waking hours, gaming has become a nice distraction from the realities of the outside world. And companies have taken notice, accelerating the growth of the mobile esports industry.
Activision, for example, has partnered up with Sony to launch the exciting Call of Duty: Mobile World Championship for the end of April 2020. With a kitty of $1 million, we’re talking some serious cash. While it’s nowhere near the console version (with competitions easily being worth 8 figures), it’s a promising start.
What’s Beyond 2020?
It’s clear that 2020 is going to be a seismic year for mobile esports. But the way we see it, it’s just the start. Once 5G has truly landed, the big players in the industry roll out even more options, and people start to really understand the potential that’s there, we expect mobile esports to become ubiquitous amongst a huge proportion of gamers.
Tags: EA sports, egaming, esports, Fortnite Posted in Esports Entertainment Group | Comments Off on Why is Mobile #Esport booming like crazy? – SPONSOR: Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca
Posted by AGORACOM-JC
at 11:27 AM on Thursday, May 14th, 2020
SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.
Could COVID-19 be telehealth’s big moment?
Over the five-year period that the analysis looks at, the U.S. telehealth market could see a compound annual growth rate (CAGR) of 38.2%
This year alone, the analysts expect the market to experience year-over-year growth of 64.3%
Over the five-year period that the analysis looks at, the U.S. telehealth market could see a compound annual growth rate (CAGR) of 38.2%. This year alone, the analysts expect the market to experience year-over-year growth of 64.3%.
“The critical need for social distancing among physicians and patients will drive unprecedented demand for telehealth, which involves the use of communication systems and networks to enable either a synchronous or asynchronous session between the patient and provider,†Frost & Sullivan healthcare principal analyst Victor Camlek said in a news release. “However, all stakeholders need to remember that many people use the terms ‘telehealth’ or ‘telemedicine’ without understanding the ecosystem that is involved. This study will clarify the many components that are needed in order to implement telehealth.â€
Camlek said that virtual visits and remote patient monitoring will propel the telehealth market, then mHealth and personal emergency response systems will come into play as well.
The analysis hypothesizes that the opportunity for telehealth to become the standard of care is growing amid the pandemic and the main challenge for providers is the capabilities for scaling up during the increase in demand.
Frost & Sullivan expects growth to be sustained beyond the pandemic by vendors who deliver user-friendly sensors, practical applications of artificial intelligence, interactive virtual assistants and robotics, as well as use of big data analytics and adherence to cybersecurity, among other things.
Posted by AGORACOM-JC
at 11:18 AM on Thursday, May 14th, 2020
SPONSOR: BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.
Online test preparations is also one of the growing segments in the Indian Ed tech space, almost 70 percent of traditional publishers are digitising their content since they see a sizeable addressable market
Students are looking for technology-driven, flexible and convenient options for themselves and these factors are gradually making the prospect of higher education online more appealing for students and professionals.
India is known as one of the best education markets globally. However, education in India comprises of high costs especially related to textbooks as one is never enough. The founders saw a market opportunity as students restrict their intelligence and score by accessing a limited number of course books simply because it is not affordable and possible to buy all the books available physically.
Thus, KopyKitab helps students whether in school, college or competitive exams aspirants to access the top-selling syllabus digitally through their library. The AI and ML programs also help students access relevant books for their needs.
Amit Shrivastava, Co-founder & CTO, KopyKitab tells us why depending on technology in the education space is a good idea.
The current pandemic has left many topsy turvy. Has this lockdown led to an upsurge in traffic?
Ed tech today has spread its wings far and wide; for KopyKitab, we are growing fast and have seen 69% rise in new users, a 45% increase in reading session and 200% jump in revenue. As students and institutions get more comfortable using Ed tech services and virtual classrooms, they are not shying away from paying for relevant content. We believe that Ed tech has shown the potential to disrupt the entire value chain.
Online test preparations is also one of the growing segments in the Indian Ed tech space, almost 70 percent of traditional publishers are digitising their content since they see a sizeable addressable market. Students are looking for technology-driven, flexible and convenient options for themselves and these factors are gradually making the prospect of higher education online more appealing for students and professionals.
How are you abiding by a different business model, especially when there are plenty of other players in the market?
For KopyKitab, since its inception, we have set out to make education more affordable and accessible. From the day when Ed tech was yet to go through a technological disruption and textbooks especially Higher Education, costs a lot, and students, especially from Tier II and Tier III towns, had limited access, we understood the pain points from our own experience as both the founders have grown up in small towns and did their schooling. At that time, due to lack of technology, getting study books access was a task as compared to our peers in Tier I and Metros. The KopyKitab model is aimed at making education a level playing field for students anywhere in India
We have mastered the content acquisition and distribution, and adopted a mobile-first strategy and have managed to recreate an offline studying experience for students online, at a much lower cost, our focus areas are into higher education and competitive exams sector and we are already very near to creating a niche for ourselves.
As students need everything quickly on the go, KopyKitab is exactly giving them that, bite-sized learning on their mobiles.
How areAI and ML contributing to your cause?
At KopyKitab, we are using Artificial Intelligence & Machine Learning programs that help track users consumption patterns and make more accurate recommendations based on language, city, campus, grade level, renting history, etc. It also helps us identify specific student’s needs
AI and ML programs have helped us increase the reach even in the remotest areas. Since, about 68 percent of our users hail from Tier II and III towns, with maximum demand coming from Patna, Jaipur, and Indore; five percent are overseas users, while the remaining comes from metros and Tier-I cities
The most critical and latest technology which we started catering in the COVID-19 pandemic is P2P (Peer to Peer) with structured learning options & Video Connectivity, be it teacher to students, coach to the students & content publishers to students, which is creating a highly optimised beneficial learning environment
Also, this will continue to be the base for all the tech platforms since it provides digital connection between people
How important do you think is it for people to rely on technology? Are there any major follies per se?
The future will undoubtedly be technology-driven, as stakeholders in the education ecosystem look to make access easier and provide flexibility in the learning environment. All this while keeping in mind that social distancing will be the norm going forward, technology will be the front runner for this connection be it WFH, P2P, Group connect as mentioned above
One of the major follies per se will be the absence or scarcity of direct human connect leading to longer time for execution for all the verticals
Could you acquaint us with your funding scenario?
In 2018, KopyKitab was backed by ECF, a Rs 100 crore fund registered under the SEBI. The fund’s marquee investors include Michael and Susan Dell Foundation and Gray Matters Capital, both US-based international investors in the education sector.
KopyKitab has also raised about $2 million from Pactolus Singapore, CBA Capital (ECF) and well-known angels including Praveen Gandhi, Paula Mariwala (Stanford Angels), Mohit Dubey (Carwale), Satyen Kothari (Citrus Pay), and others
What are KopyKitab’s upcoming plans like?
Our immediate priority would be to continue to serve our subscribers i.e students with more content in easy and engaging forms. We saw a surge in our traffic since the lockdown started in Mar and our aim to serve them with the best learning options.
For longer-term, providing P2P and Video-based access for our students, teachers/coaches and publishers to continue education without much interference because of the current scenario.
A piece of advice for others?
My advice would be to think long term solutions in digital/online space and if possible convert part of your business to digital/internet driven. Also, provide more accessibility between employees and customers using technology as base.
