Agoracom Blog

Tartisan Nickel Corp. $TN.ca Completes Spectral Analysis Survey over Kenbridge Nickel-Copper-Cobalt Deposit and Identifies New Exploration Targets $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 8:52 AM on Thursday, March 26th, 2020
Tc logo in black
  • Company has completed a Spectral Analysis Survey conducted by Aster Funds Ltd. over the Kenbridge Nickel-Copper-Cobalt Deposit, Atikwa Lake Area, Ontario.
  • Survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences.

Toronto, Ontario–(March 26, 2020) – Tartisan Nickel Corp. (CSE: TN) (OTC Pink: TTSRF) (FSE: 8TA) (“Tartisan”, or the “Company”) is pleased to announce that the Company has completed a Spectral Analysis Survey conducted by Aster Funds Ltd. over the Kenbridge Nickel-Copper-Cobalt Deposit, Atikwa Lake Area, Ontario. The survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences.

The Spectral Analysis Survey shows the distribution and intensity of up to 304 minerals, with the first pass showing up to16 minerals. Each mineral can be classified into an exploration relevance for base metals, precious metals and industrial metals.

The Spectral Analysis Survey picked up several minerals implicit in the formation of nickel sulphide deposits, and potentially other types of deposits on the Kenbridge Property. These minerals included chlorite*, muscovite, quartz, epidote*, goethite*, smectite, pyrophyllite, pyroxenite*, pyrrhotite*, hematite*, alunite, chalcopyrite*, sphalerite*, pyrite*, talc*, and kaolinite*. Starred minerals in the list are those which are seen in outcrop, surface geology, and drill logs at the Kenbridge Nickel-Copper-Cobalt Deposit.

The key benefit to the Company from the Spectral Analysis Survey is the Target Vector Minerals analysis “TVM” TM. TVM’s were structured for metallic sulphides and the oxides that derive from them; gold; copper; and nickel, as well as direct indicators of Kenbridge-style mineralization in pyrrhotite and chalcopyrite. The Kenbridge Deposit was easily picked out by the survey, and shown to be some five TVM’s of a possible six TVM’s. The survey also picked out several other areas of five/six TVM’s and one area of six/six TVM’s. These areas will form the basis for a renewed surface exploration program at the Kenbridge Project in summer 2020.

Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit, and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit. Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”

Tartisan will use the Aster Funds Ltd. Report as the basis for assessment filing over the single-cell mining claims and will form the basis of expanding the exploration potential of the Kenbridge Nickel-Copper-Cobalt Project.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns a 100% stake in the Kenbridge Nickel-Copper Project in Ontario; a 100% interest in the Sill Lake Lead-Silver property located in Vankoughnet Township, Ontario; a 100% interest in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine. Tartisan also owns a 100% stake in the Ichuna Copper-Silver Project, also in Peru, contiguous to Buenaventura’s San Gabriel property. Company financial strength is provided by a significant equity stake in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru and the Iska-Iska project in Bolivia.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN) (OTC Pink: TTSRF) (FSE: 8TA). Currently, there are 100,563,550 shares outstanding (103,263,550 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53836

Mota Ventures $MOTA.ca Moves Forward with Its Acquisition of Spanish CBD Company Sativida $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 8:51 AM on Thursday, March 26th, 2020

Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ:GR)(OTCPINK:PEMTF) (the “Company” or “Mota“) is pleased to announce that further to its January 10, 2020 news release, it has now acquired the intellectual property and trade names of Sativida from Sativida OU (Estonia). The Company will license both back to Sativida OU’s subsidiary, VIDA BCN LABS S.L. (collectively with Sativida OU, “Sativida“) in exchange for a royalty associated with the gross revenues generated by Sativida.

Sativida is an arms’-length producer and online retailer of cannabidiol (“CBD“) and branded CBD products in various jurisdictions in Europe, including Spain, Portugal, Austria, Germany, France and the United Kingdom. Sativida currently develops and retails a vast range of organic CBD oils and cosmetics across Europe and is in the process of expanding its distribution network internationally to include the United States. Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico, and intends to continue its expansion into other countries in Europe and Latin America.

Through Mota, Sativida has an agreement with Unified Funding, LLC (“Unified“) for the expansion of the brand into the United States. Unified will provide assistance to Sativida with product sourcing, packaging, shipping, payment infrastructure and marketing in the United States. Unified Funding is an e-Commerce and technology company focused on serving U.S.-based and international consumers in the CBD and natural health products market. Powered by its proprietary technology platform, Unified has created an e-Commerce ecosystem to scale its brands through data analysis, strategic customer acquisition and supply chain management. Since June 2015, Unified has generated a database of over 4.5 million consumers and has facilitated over US$200 million in consumer transactions from more than one million paying customers.

“I am very excited to announce the acquisition of the Sativida brand. This gives Mota immediate entry into the European market and will be a building block for our planned European expansion. Mota’s U.S. operation, First Class CBD, is set to enter the European market and we expect the acquisition of the Sativida brand to expedite this expansion. Furthermore, our partnership with Unified Funding, LLC, the e-Commerce platform behind the success of First Class CBD, will allow us to bring the Sativida brand to the U.S. market as well,” stated Ryan Hoggan, CEO of the Company.

Noah Laith, founder of Sativida, commented, “Joining Mota is a major step for Sativida that will provide access to the capital, connections and infrastructure necessary to grow our business in Europe and internationally.”

Pursuant to the previously announced binding agreement with Sativida dated January 9, 2020 (the “Transaction Agreement“), the Company was granted the right to acquire Sativida in stages (the “Transaction“), at the discretion of the Company, as certain corporate and intellectual property registrations were completed. To accomplish this, the Company set up a wholly-owned Spanish subsidiary (“Spanish Subco“) and coordinated the registration of various intellectual property and trade names associated with business operations of Sativida.

The Company, through Spanish Subco, has now completed the acquisition of the intellectual property and trade names of Sativida in Spain, and will license both back to Sativida in exchange for a royalty associated with the gross revenues generated by Sativida. Pursuant to the Transaction Agreement, the Company also holds the right to acquire, through Spanish Subco, all of the outstanding share capital of Sativida at any time for no additional consideration.

Consideration for the Transaction is made up of an initial component of €2,000,001 (the “Consideration“) and an earn-out component made up of three milestone payments based upon the revenue of Sativida (each, a “Milestone Payment“). The Consideration was paid in 5,496,221 common shares of the Company (the “Consideration Shares“) at a deemed price of $0.5689 per share. Each Milestone Payment will be based on a 400% multiple of Sativida’s revenue until the aggregate of the Initial Consideration and Milestone Payments reaches €4,000,000, at which point the multiple will be reduced to 100%. In no event will the combined Milestone Payments and the value of the Initial Consideration exceed €15,000,000. Payment of the Milestone Payments will be satisfied by the Company issuing common shares (“Milestone Shares“) to Sativida. The total number of Milestone Shares issuable to Sativida will be determined by dividing the amount due by the volume weighted average closing price of the Company’s common shares on the Canadian Securities Exchange in the ten trading days prior to the day that the Milestone Payment is due.

The Consideration Shares and the Milestone Shares will each be subject to a 36-month pooling arrangement such that 10% of the Consideration Shares, or the Milestone Shares, as applicable, will be released from escrow on upon their issuance, with an additional 15% being released every six-months thereafter until all Consideration Shares or all Milestone Shares, as applicable, are released.

As part of the Transaction, Mota Ventures will enter into employment contracts with certain employees of Sativida and will provide an option pool that may be divided among the employees of Sativida equal to €60,000 in stock options of Mota Ventures for every €1,000,000 in revenue that Sativida earns, subject to certain conditions. Additionally, Mota Ventures has paid a 10% finder’s fee based on the total value of the Consideration Shares (528,072 common shares) to certain finders that assisted in introducing the Transaction to the parties as well as a 2% administrative success fee based on the total value of the Consideration Shares (105,614 common shares) to a consultant who assisted in the administration of the transaction.

The Company and Sativida are at arms’-length. The Transaction is not expected to result in a “reverse-takeover” or “fundamental change” for the Company under the policies of the Canadian Securities Exchange, or result in the creation of any new insider or control person of the Company. No changes to the board of directors, or management, of the Company are contemplated in connection with the Transaction.

About Mota Ventures Corp.

Mota is seeking to become a vertically integrated global CBD brand. Its plan is to cultivate and extract CBD into high-quality value-added products from its Latin American operations and distribute it both domestically and internationally. Its existing operations in Colombia consist of a 2.5-hectare site that has optimal year-round growing conditions and access to all necessary infrastructure. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota.

About Sativida

Sativida is a producer and online retailer of CBD and branded CBD products in various jurisdictions in Europe, including Spain and the United Kingdom. Sativida currently develops and retails a vast range of organic CBD oils and cosmetics across Europe and is currently expanding its distribution network internationally. For more information on Sativida, readers are encouraged to review their website at www.sativida.es.

ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP.

Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact the President of the Company, Joel Shacker, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

New Age Metals $NAM.ca Commences Drilling at River Valley #PGM #Platinum #Palladium Project Near Sudbury $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:46 AM on Thursday, March 26th, 2020
  • The River Valley Project is one of North America’s largest undeveloped primary Platinum Group Metal (PGM) projects. The Project has excellent infrastructure and is within 100 kilometres of the Sudbury Metallurgical Complex. The Project is 100% owned by New Age Metals
  • The Company has contracted Jacobs & Samuel Drilling Ltd of Val Caron, Ontario to conduct a phase one 1,600 metre drill program at the River Valley Project and drilling has begun
  • The Company completed a $2M financing on February 3, 2020. The primary use of proceeds will be to follow-up on recommendations from the 2019 Preliminary Economic Assessment (PEA)
  • Eric Sprott became a strategic shareholder and has an 18.56% ownership of the Company’s current issued and outstanding shares on a post-conversion beneficial ownership basis
  • In January, the Company announced that it engaged IBK Capital Corp to assist the Company in evaluating strategic alternatives to maximize shareholder value
  • The Company is actively seeking an option/joint venture partner for its Genesis PGM Project in Alaska and for our Lithium division in Manitoba

March 26th, 2020  – Rockport, Canada – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) Harry Barr, Chairman & CEO, stated; “New Age Metals is pleased to announce that the company is about to commence the next phase of drilling at the River Valley PGM deposit near Sudbury, Ontario. The company plans to drill about 1,600m of core in five holes to test high-priority targets within and adjacent to the Pine Zone and Dana North Zone of the River Valley deposit. This drill program is the first phase of our 2020 exploration and development program, and will run through April. The Company continues to monitor the COVID-19 pandemic and is evaluating the potential risks to our staff and contractors. In light of the fluid nature of events the Company would like to note that there is no certainty that the current exploration activities will be completed without interruption.”

The purpose of the drill program is to test three Pine Zone target types: 1) induced polarization (IP) chargeability highs from the 2017 geophysical survey for extensions of the Pine Zone or new discoveries in the footwall to Dana North; 2) potential extensions of higher-grade trends external to the current mineral resources in the Pine Zone; and 3) whether and how the Pine Zone may be connected to the Dana North Zone at depth. The connection of the two zones is currently modelled, based on the available drilling, as a major SSE-plunging fold. The drilling will test for evidence of such folding, including the potential presence of thickened and higher-grade PGM sulphide mineralization within the fold nose. See Figure 1 below for the planned drill hole locations in the upcoming phase one program.


Click Image To View Full Size

Figure 1: Location of planned drill holes (labelled) and previous drill holes plotted on an inverted IP chargeability plan (coloured) and a 3-D wireframe model of the Dana North and Pine Zones, River Valley PGM Project near Sudbury, Ontario

Since the two discovery holes in 2015, 19 more holes have been drilled into the Pine Zone. All the holes except one intersected the zone. Examples of some of the better intersections are: 4.03 g/t Pd+Pt+Au over 9m from 145m in hole 2015-DN002 and 3.22 g/t Pd+Pt+Au over 4m from 202 m in hole 2016-DN-T2-10. More details can be found in the various press releases on the New Age Metals website. The Pine Zone remains open along strike and at depth with an interpreted SSE dip/plunge direction.

AGORACOM

Further to news release of March 17, 2020, the Company has issued 271,200 common shares at a deemed price of $0.05 per share to Agora Internet Relations Corp. (“Agoracom”). The securities issued represent the first payment for services under the terms of the agreement and are subject to a four month plus one day hold period expiring July 26, 2020.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 kilometres from Sudbury, Ontario as well as the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB: NMTLF; FSE: P7J with 136,876,766 shares issued to date.

Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call 613 659 2773.

Opt-in List

If you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news.

Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the 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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

Else Nutrition $BABY.ca Provides Corporate Update With Cash Balance of $10M CAD; US Product Launch Planned For Q2-2020

Posted by AGORACOM-JC at 8:35 AM on Thursday, March 26th, 2020

Highlights:

  • Cash balance of CAD $10 million and runway for well over a year;
  • On track to sign definitive manufacturing agreement with US infant nutrition partner during Q2-2020;
  • US product launch planned for Q2-2020; and
  • New online store and pre-order ability within weeks

VANCOUVER, March 26, 2020 – Else Nutrition Holdings Inc. (the “Company” or “Else Nutrition” or “Else“) (TSXV: BABY) (OTCQB: BABYF), a developer of novel plant based infant and toddler nutrition, is pleased to provide a corporate update.Given the unforeseen circumstances caused by the coronavirus (COVID-19) pandemic across the globe, the Company feels it is imperative to communicate its business progress and corporate status to stakeholders and the communities we serve. 

Given the impact of the pandemic to many aspects of everyday life and to the Company’s business, including travel, transportation and manufacturing, Else is making a conscious effort to be increasingly capital efficient and conservative, while striving to execute its goals successfully. The Company is making all efforts to launch its plant-based toddler nutrition in the US in Q2-2020 as planned.

Runway and Balance Sheet
In February the Company closed a CAD $8 million equity financing, which included a strategic investment of CAD $5.75 million by NewH2 a subsidiary of Health & Happiness (H&H) International Holdings Ltd.  H&H is a Hong Kong Stock Exchange (code 1112-HK) company with revenues of over US$1.46 billion (2018). 

The Company’s current cash and cash equivalents are about CAD $10 million, with no long-term debt.

The Company has sufficient liquidity and capital to fund its operations for well over a year while fully executing on all aspects of the business.

Product Launch & Marketing
As previously announced, the Company plans to launch its plant-based toddler nutrition product in the US in Q2-2020, and continues working hard on several fronts to achieve this target. 

The Company had planned to soft launch the products at Natural Food Expo West, during the first week of March, however, given the pandemic, the event was cancelled.  However, in preparation for the event and planned launch, Else completed a comprehensive branding process which includes product packaging, social media channels and a new website that features an online store.  The online store will open for pre-orders in the coming weeks.  The new website can be visited at: www.elsenutrition.com.

Over the next few weeks, the Company will begin sending product samples to consumers, influencers and retail partners in conjunction with a social and digital marketing campaign for the launch.  Additionally, the Company is actively engaged with potential retail brokers and distributors that have a track record of getting novel products onto retail shelves. The initial geographical focus of these efforts is Los Angeles and New York City.

While Q2-2020 remains the targeted launch date the Company will closely monitor the global pandemic and resulting market conditions to ensure a successful product launch.

Operations
As a part of H&H’s strategic investment in Else the Company has also entered into a distribution MOU whereby the two parties will negotiate definitive distribution agreements for several territories including: France, Australia and China (Hong Kong; Cross-Border and Mainland China).  The Company expects to have the first definitive agreement in place in Q3-2020.

Furthermore, in February 2020 the Company announced an MOU with a US-based manufacturing partner (see February 4, 2020 press release) and continues to work towards a definitive manufacturing agreement that includes a capex investment with the partner.  The Company expects to have the definitive manufacturing agreement by April 2020.

“We are very appreciative of our team, shareholders, suppliers, partners, customers and communities for their ardent support and understanding during these unpredictable times and wish everyone the best as we navigate the next few months together. We remain unwavering in our mission to bring sustainable, clean, plant-based baby and toddler nutrition alternatives to families worldwide – fulfilling the outpouring of requests we’ve had from eager parents. We look forward to updating everyone with positive news and encourage anyone with a question or concern to reach out to us directly,” said Ms. Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition.  

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.

The securities described herein have not been registered under the U.S. Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the U.S. Securities Act and any applicable state securities laws.

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Private Placement and the NewH2 Private Placement and the completion thereof and the use of proceeds.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur.  Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: delays in implementing the business plans including timing of product launch resulting from the Covid-19 pandemic, the receipt of all necessary regulatory approvals, use of proceeds from the financing, capital expenditures and other costs, and financing and additional capital requirements. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward looking information. The Company will not update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.

SOURCE Else Nutrition Holdings Inc.

View original content: http://www.newswire.ca/en/releases/archive/March2020/26/c4203.html

Ms. Hamutal Yitzhak, CEO of Else Nutrition, Email: [email protected]; Mr. Sokhie Puar, Director of Else Nutrition, Telephone: 604-603-7787, Email: [email protected] CNW Group 2020

#KABN Systems North America – Why identity matters in an evolving online environment

Posted by AGORACOM-JC at 8:27 AM on Thursday, March 26th, 2020

Why identity matters in an evolving online environment

HOST: Tristram Waye, Fintech Friday’s podcast episode

GUEST: DAVID LUCATCH, President & Director – KABN Systems North America Inc. (Linkedin)

KABN Links:  kabnsystemsna.comliquidavatar.com

About this episode:

David Lucatch of KABN Networks North America joins Tristram Waye for this episode of Fintech Friday. David discusses why identity is a foundational element of the evolving online and data environment, and why KABN Networks North America has developed a business around it. During this episode he will also discuss:

  • How KABN ID works and why it’s a foundational technology
  • The suite of products KABN Networks North America has developed around identity and why
  • Their vision of the future including the release of Liquid Avatar

BIO: David Lucatch has spent more almost 35 years in the international marketing arena and over 25 years of that developing technologies and taking them to market.  David has held senior management posts and directorships at both private and public technology and media firms. David is an active supporter of numerous non-profit organizations and has been recognized and awarded internationally for his service and community support activities. In 1997, David developed the concept and led the initial eCommerce payment gateway team for the Canadian banking industry with support from VISA and MasterCard, Scotiabank and Citibank Canada.

In 2005, David created one of Canada’s first incubators, financing, creating and supporting projects globally in online AI / ML / NLP language technology, VoIP telephony, online mapping, music and entertainment, live performance, mobile marketing and eCommerce.

After leaving his posts at 2 public companies, in early 2017, David founded Pegasus Fintech. Pegasus is positioned to support founders, innovative technology developers and emerging companies in their efforts to preserve long-term ownership and promote growth opportunities through compliant business solutions.

In late 2017, David became a co-founder KABN to focus on the compliance and liquidity issues surrounding digital currencies.  By mid-2018, the Pegasus team also developed KABN’s identity platform KABN ID allowing users and commercial clients to verify, manage and monetize identity on a continuous, Always On global scale reducing the need to do identity verification for multiple transactions with a user.    In May 2019, David and 2 partners filed a US Patent for the invention of a process to use the Blockchain for Identity Attestations.

David’s focus today is set squarely on KABN and its mission to put ownership, control and profitability of identity back into the hands of individuals.  KABN’s products and programs covers over 180 countries worldwide and is expanding its regional leadership teams in 2019 and 2020.

David is a graduate from the University of Toronto and continues to serve as mentor to a variety of student programs and leadership initiatives globally. In 2010 David was a recipient of an Arbor Award from the University of Toronto, recognizing his continued activities and contributions to his alma mater and served a term as a member of the University’s Electoral College.  David served as an inaugural member of the Ontario Securities Commission SME Committee and is a member of the NCFA Advisory Board.

Some additional “fun facts”:

In addition to his technology accomplishments, David is also active in the media industry:

David and his team were instrumental in achieving a Guinness World Record in 2011 for the Most Nationalities in an Online Chat together with Gene Simmons and Paul Stanley of KISS;

In 2013, David and his team worked with Disney Animation to create a global, multi-language “flash event”’ for the worldwide online video premiere for the Academy Award and Grammy Award song Let It Go from the movie Frozen;

In 2017, David and his partners at created and produced Stars and Pinstripes, a New York Yankees television series featured on the YES Network and Direct TV and were nominated in 2017 for a NY Emmy Award in the Entertainment Program / Special category.

Source: https://ncfacanada.org/fintech-fridays-ep38-why-identity-matters-in-an-evolving-online-environment/

Datametrex $DM.ca Executes $1.1M In New Contracts

Posted by AGORACOM-JC at 8:22 AM on Thursday, March 26th, 2020
  • Secured contracts for approximately $1,100,000 CAD for its services
  • The contracts are from Governments Hyosung Company and various divisions of Lotte including an initial contract with Canon Korea Business Solutions

TORONTO, March 26, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM) (FSE: D4G) (OTC: DTMXF) is pleased to announce that it has secured contracts for approximately $1,100,000 CAD for its services. The contracts are from Governments Hyosung Company and various divisions of Lotte including an initial contract with Canon Korea Business Solutions. Canon Korea Business Solutions was created in 1985 when Canon and Lotte created a joint venture company to service the Korean markets.

“I am thrilled to provide this update to our shareholders. Our sales team is doing a fantastic job opening new doors and extending contracts with existing clients. Our original goal of a “land and expand” strategy with is paying off nicely and we look forward to continuing the growth trajectory,” says Marshall Gunter CEO of Datametrex AI.

About Datametrex AI Limited

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).

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 its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking 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.

VIDEO – PyroGenesis $PYR.ca Received First $1.4M Payment On $25M Contract; US Aircraft Carrier Order For $13.5M Imminent $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 4:52 PM on Wednesday, March 25th, 2020

In October of 2019, PyroGenesis announced a $20M contract, in which its technology would be used by one of the biggest high-tech aluminum smelters in the world.  Yesterday, the Company received it’s first $1.44M payment of a total of $8M to be received over the next several weeks.

If that wasn’t enough, after already having sold two plasma torch based systems to the US Navy for installation on two aircraft carries, PyroGenesis the Company has already been advised by the US Navy that $13.5M in orders are coming for two more aircraft carriers.  

To this end, investors will be happy to hear that PyroGenesis has been deemed an essential service, is fully operating with almost all employees working remotely and does not foresee any demand side or supply chain issues hampering the Company’s operations.  

Finally and perhaps most importantly, CEO Peter Pascali discusses the civil duty reasons behind his $100,000 donation to Quebec healthcare in its fight against COVID-19, as well as, the corporate duty reasons for not laying off a single employees despite a virtual shutdown of the global economy.  

On all fronts, this is the most powerful interview we have ever produced with a Canadian small cap company.   

If you are just discovering PyroGenesis (PYR:TSXV) then grab your favourite drink and watch this powerful video …. or listen in via podcast when you want to tune out the world and learn about an incredible company.  

Please be sure to share this interview with your networks.  Thank-you.

#Palladium, #Platinum Soar on S. Africa Lockdown SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 11:44 AM on Wednesday, March 25th, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Palladium, Platinum Soar on S. Africa Lockdown

  • Palladium eyes biggest daily gain since 2001
  • Platinum on track for biggest daily gain since 2008

By Sumita Layek

March 24 (Reuters) – Palladium soared as much as 15% on Tuesday, on track for its biggest daily gain since 2001 as major producer South Africa was locked down due to the coronavirus outbreak, while U.S. gold futures surged over 4% as fresh stimulus stopped a cash hunt among investors. 

Palladium jumped 11% to $1,907.31 per ounce by 11:03 p.m. EDT (1503 GMT), while platinum gained 6.6% to $684.80. 

“The market focus is starting to turn to some of these supply disruptions that the virus brings. South Africa is clearly the main one,” said Saxo Bank analyst Ole Hansen. 

“So, the focus has shifted somewhat from the risk to having a major drop in demand to the equally challenging condition where we’ve supplies struggling to find its way through to the buyer of the metal.”

Platinum prices were set for their biggest daily gain since 2008.

“The country accounts for some 70% of global platinum mined supply and 35% of palladium, with a 21-day lockdown possibly resulting in a 4% and 2% of 2020 supply reduction respectively,” said Dmitry Glushakov, Head of Metals & Mining Research at VTB Capital.

Spot gold was up 3% at $1,599.31 per ounce, while U.S. gold futures climbed 4.2% to $1,633.90.

The price difference between spot gold and U.S. gold futures widened to as much as $65 during the session as a rush of buying met with poor liquidity in the London market.

“The massive Fed stimulus and QE program continues to support gold as it erodes the currency (U.S. dollar). Hard assets are going to be in vogue in that environment,” said David Meger, director of metals trading at High Ridge Futures. 

“The pressure is lifted, we’re no longer seeing the indiscriminate selling, to the contrary, we’re seeing the cream rise to the top.” 

Wall Street jumped at the open on signs that Washington was nearing a deal on a $2 trillion economic rescue package. [MKTS/GLOB] 

The Fed announced unlimited quantitative easing and programmes to support credit markets on Monday. The move triggered a dip in the dollar. 

Also helping bullion, three of the world’s largest gold refineries said they had suspended production in Switzerland for at least a week to curtail the spread of the contagion. 

Meanwhile, U.S. business activity contracted further in March, hitting a record low as the coronavirus pandemic depressed activity in both the manufacturing and services sectors.

Source: https://www.nasdaq.com/articles/palladium-platinum-soar-on-s.-africa-lockdown-gold-jumps-2020-03-24

Mr. P. Peter Pascali of PyroGenesis $PYR.ca Donates $100,000 in the Battle Against #COVID19

Posted by AGORACOM-JC at 9:23 AM on Wednesday, March 25th, 2020

On March 19th, 2020, Mr. P. Peter Pascali, CEO of PyroGenesis Canada Inc, personally donated $100,000 to the Centre Hospitalier de l’Université de Montréal (“CHUM”) Foundation, McGill University Health Centre (“MUHC”) Foundation, and Montreal General Hospital Foundation, all in Quebec, Canada, in order to demonstrate public support for the health care workers in their ongoing battle against COVID-19.

“The primary reason I wanted to make this donation was to demonstrate to the health care workers of Quebec, the doctors, the nurses and support staff, that the public has their back in our battle against COVID-19,” said Mr. Pascali. “That we will do all in our power to ensure that they have the tools to do the job we know they so desperately want to do properly.”

At the same time Mr. Pascali called upon Quebec Industry leaders, sports figures, and other luminaries to support him in this challenge: “This is a group effort,” he said, “The Government is doing an amazing job.  The health care workers are the unsung heroes in this crisis. Now it is time to do our part. The tragedy unfolding today has not been seen on this scale since World War II.  This is not the time for us to stand idly by.  Quebec needs you.  Your friends and family need you. Above all, those on the front line, who may be caring for you or a loved one very soon, need you.”

Mr. Pascali was quick to note that “As we are starting to hunker down to weather the storm, and the bars, sports events and restaurants close, we have each surely saved $10.  If each of us donates $10 to the cause, we will collect well over $50 million.”

When asked why he chose these institutions for his donations, Mr. Pascali answered simply, “They represent both French and English sector hospitals, and quite frankly this virus is oblivious to language, religion, color, sex or creed.  As such I thought it fitting to fund these institutions. They all have their jobs to do.”

In conclusion, Mr. Pascali had a special message to some of the younger, more driven, members of Quebec: “To all those teenagers and young adults sitting at home who may, or may not, be able to contribute financially to the extent they would like, there is a lot you can do.  You can make this into a movement by sharing and blogging what we are trying to do.  You may not realize it now, but you are players in a crisis of historical proportion. You can change its course by working your magic.  You have the power to turn this into a tsunami of support and save lives with the same effect as if you were a health care provider on the front lines. These health care providers will not let you down.  Let us not let them down.”

Source: https://www.mghfoundation.com/en/news/mr-p-peter-pascali-donates-100000-in-the-battle-against-covid-19/

American Creek $AMK.ca Announces Its JV Partner Tudor Gold Is Fully Funded for the 2020 Exploration Season at Its Flagship Project Treaty Creek Located in the Golden Triangle $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 9:11 AM on Wednesday, March 25th, 2020

Cardston, Alberta–(Newsfile Corp. – March 25, 2020) – American Creek Resources (TSXV: AMK) (the “Corporation” or “American Creek”) is pleased to announce its partner Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (“Tudor Gold”) has sufficient funds to execute a significantly larger drilling and exploration program, than the 2019 program, on the Goldstorm Zone at Treaty Creek project this year. With the capital raised in December 2019, as well as the recent warrants exercises, the Tudor Gold has a good cash position to execute a fully funded and very ambitious drill program at Treaty Creek this year. Tudor Gold is currently in the final stages of finalizing all preparations needed for the upcoming 2020 drill program at Treaty Creek.

Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “The Goldstorm system is currently open at depth and along the northeast axis of the mineralized body. The drill program is designed to extend and to explore the limits of Goldstorm system to the southeast as well as to the northeast and to depth. We anticipate drilling approximately 18,000 to 20,000 metres of HQ and NQ diameter core from 7-10 drill platforms with four diamond drill rigs. Compared to the drill program last year (14 diamond drill holes over 9,781.8 meters), the planned 2020 drill program will be much larger.”

The current known length of the northeast axis of the Goldstorm System is over 850 meters long and the southeast axis is at least 600m across. The system remains open in all directions and to depth. The best mineralization encountered to date is from the two consecutive 150m step-out holes to the Northeast: GS-19-42 yielded 0.849 g/t Au Eq over 780 m with 1.275 g/t Au Eq over 370.5m and GS-19-47 yielded 0.697 g/t Au Eq over 1,081.5m with 0.867 g/t Au Eq over 301.5m.

The best southeast extension came from GS-19-52 which yielded 0.783 g/t Au Eq over 601.5m intercept with 1.062 g/t Au Eq over 336.0m intercept. (results from the company’s NR dated March 3rd, 2020).

Tudor Gold response to COVID-19:

Tudor Gold has introduced additional precautionary steps to manage and respond to the risks associated with COVID-19 virus. This includes, for example the cancellation of all non-essential global travel and the reducing in person meetings and transitioning to teleconferencing where possible. Vancouver office staff are now working from home until government advisories change.

Tudor Gold is regularly monitoring the situation and following local and national health authority requirements and recommendations.

Walter Storm, President and CEO of Tudor Gold stated: “We are taking all appropriate measures to protect the safety, health and well-being of our people and all those who interact with our business. Tudor Gold is following guidance and directives as updated by federal, regional and provincial health authorities in respect of general and drill-site specific protocols. We are very fortunate to have a strong balance sheet amidst the volatile market created by COVID-19.”

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company’s Vice President of Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

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. 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”.

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium’s Brucejack mine and Seabridge’s KSM deposits with far better logistics.

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The Sulphurets Hydrothermal System

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About American Creek

American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

More information about the Treaty Creek Project can be found here: https://americancreek.com/index.php/projects/treaty-creek/home

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com