Agoracom Blog

#KABN and #XTM to Bring Digital Currency #Crypto Prepaid Cards to Canadians

Posted by AGORACOM-JC at 4:59 PM on Monday, August 12th, 2019
  • Entered into an initial agreement to partner with XTM Inc. a Toronto based Fintech Company and global card issuer, payment specialist, and marketing solutions company.
  • The partners will launch the Pegasus Flyte Prepaid Card to the Canadian market, allowing consumers to spend traditional and digital currencies at both brick and mortar and online merchants as easily as cash.

Toronto, Ontario–(August 12, 2019) – KABN Systems North America Inc. (“KABN”), a Fintech solutions company, specializing in next-generation, patent pending, transportable online identity verification as well as financial and loyalty related services, has entered into an initial agreement to partner with XTM Inc. (“XTM”), a Toronto based Fintech Company and global card issuer, payment specialist, and marketing solutions company. The partners will launch the Pegasus Flyte Prepaid Card to the Canadian market, allowing consumers to spend traditional and digital currencies at both brick and mortar and online merchants as easily as cash.

KABN provides state of the art, Always On identity verification and validation services at no charge to consumers, allowing them to prove their identity continuously without the hassle of verifying time and time again to a growing list of online service providers, programs and Exchanges. In turn, validated users are qualified, subject to permissions and necessary approvals, for unique and customized financial services, major merchant loyalty and incentive programs and other value-based opportunities.

For merchants, service providers, Exchanges, digital banks and other online programs, KABN provides its proprietary world class KYC (know your customer), KYB (know your business) and AML (anti-money laundering) services through its fully compliant GDPR (European General Data Protection Regulation) platform, via a proprietary value-based proposition, subsidizing the traditional costs of onboarding users.

Powered through the XTM Payment Platform, the Pegasus Flyte Prepaid Card program, expected to launch in Q4 2019, will enable Canadians to spend traditional fiat and digital currencies from approved financial institutions, Exchanges, wallets and loyalty programs anywhere that current prepaid services are accepted. Cardholders will have a mobile app and a host of value-based services available to them similar to traditional banking programs.

“XTM is thrilled to have been selected to support KABN. This company is an innovator and disrupter in the Fintech space, exactly our target-partner,” said Marilyn Schaffer, XTM CEO. “With our robust platform features we plan to propel KABN’s Pegasus Flyte program to new heights in prepaid.”

In June 2016, the Canadian Prepaid Providers Organization released the first-ever benchmark study conducted by Mercator Advisory Group entitled, Canadian Open-Loop Prepaid Market: 2015, that revealed that the open-loop prepaid card market reach $3.1 Billion CDN in total dollars loaded onto cards in Canada.

Additionally, in 2017 the CCPO released the report How Canadians Pay Today and it revealed that 13% of those surveyed are using their bank account less and prepaid cards in Canada have the highest level of growth and satisfaction amongst payment tools with a 95% satisfaction rate with reloadable prepaid cards.

“We are very excited to be rolling out our Pegasus Flyte card program in North America,” said Ben Kessler, Global CEO KABN. “We looked for a partner who not only could get us to market quickly but who could also do it effectively, and efficiently without missing a step. XTM is that partner for KABN.”

The KABN and Pegasus Flyte programs focus primarily on the growing Gen Z, Millennial and late Gen X demographic who are consistently exploring new and innovative ways, outside of traditional banking, to manage both their financial services, loyalty, points and other digital currency transactions.

Pegasus Flyte cardholders will automatically be entitled to participate in KABN KASH, a customized consumer experience where users can save money every time they shop at key merchants.

KABN will be showcasing its solutions, as well as providing a keynote address at The Futurist Conference (www.futurist19.com) in Toronto on August 13th and 14th.

About KABN – www.kabnsystemsna.com

KABN Systems North America Inc. operates the Canadian and US programs of the global KABN Network. KABN provides an Always On patent pending identity validation and verification platform, allowing users to continuously and confidently prove themselves to the online community, Exchanges and other services. KABN’s identity services provide the backbone to its financial, loyalty and engagement programs including the Pegasus Flyte Prepaid Card program and KABN KASH, an innovative cash back program where users are connected to major merchants for savings when they shop.

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Gratomic $GRAT.ca – University of Illinois Team Finds that Defects in Graphene Membranes may Improve Biomolecule Transport $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 3:58 PM on Monday, August 12th, 2019

SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced Materials company focused on mine to market commercialization of graphite products, most notably high value graphene based components for a range of mass market products. Collaborating with Perpetuus, Gratomic will use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. Click Here for More Info

  • Nanopore membranes have generated interest in biomedical research because they help researchers investigate individual molecules – atom by atom – by pulling them through pores for physical and chemical characterization
  • Researchers have not yet produced a membrane with spiral defects in the laboratory, but that task may be easier than trying to rid a graphene membrane of the current molecule-immobilizing step defects

Researchers at the University of Illinois examined how tiny defects in graphene membranes, formed during fabrication, could be used to improve molecule transport. They found that the defects make a big difference in how molecules move along a membrane surface. Instead of trying to fix these flaws, the team set out to use them to help direct molecules into the membrane pores.

Nanopore membranes have generated interest in biomedical research because they help researchers investigate individual molecules – atom by atom – by pulling them through pores for physical and chemical characterization. This technology could ultimately lead to devices that can quickly sequence DNA, RNA or proteins.

In 2014, University of Illinois physics professor Aleksei Aksimentiev and graduate student Manish Shankla demonstrated a graphene membrane that controlled a molecule’s movement through a nanopore by means of electrical charge. They discovered that once the molecules are on the surface of the membrane, it is very difficult to get them to shuffle into the membrane’s pores because molecules like to adhere to the surface.

While on sabbatical at Delft University of Technology in the Netherlands, Aksimentiev found that DNA tends to accumulate and stick along the edges of fabrication-formed defects that occur as linear steps spanning across the membrane’s surface. The Illinois team’s goal was to find a way to use these flaws to direct the stuck molecules into the nanopores, as a principle that can also apply to the delivery, sorting and analysis of biomolecules.

To refine and confirm their observations, the researchers used the Blue Waters supercomputer at the National Center for Supercomputing Applications at Illinois and the XSEDE supercomputer to model the system and molecule movement scenarios at the atomic level.

“Molecular dynamics simulations let us watch what is happening while simultaneously measuring how much force is required to get the molecule to clear a step,” Aksimentiev said. “We were surprised to find that it takes less force to move a molecule down a step than up. Although it may seem intuitive that gravity would make stepping down easier, it is not the case here because gravity is negligible at the nanoscale, and the force required to move up or down should be the same.”

Aksimentiev said team members originally thought they could use concentric defect patterns that form around the pores to force the molecules down, but their simulations showed the molecules congregating along the edges of the steps. That is when it dawned on them: A defect with edges that spiral into a pore, combined with an applied directional force, would give the molecule no other option than to go into the pore – kind of like a drain.

“This way, we can drop molecules anywhere on the membrane covered with these spiral structures and then pull the molecules into a pore,” he said.

The researchers have not yet produced a membrane with spiral defects in the laboratory, but that task may be easier than trying to rid a graphene membrane of the current molecule-immobilizing step defects, they said.

“When manufactured at scale, defect-guided capture may potentially increase the DNA capture throughput by several orders of magnitude, compared with current technology,” Shankla said.

“After a long development process, we are excited to see this principle used in a variety of other materials and applications such as delivery of individual molecules to reaction chambers for experiments,” the researchers said.Source: Nature NanotechnologyEurekalert

Source: Nature Nanotechnology

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ThreeD Capital Inc. $IDK.ca – Goldman Sachs $GS Analysts Say that It’s Time to Buy #Bitcoin #Cryto $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 2:23 PM on Monday, August 12th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

IDK: CSE

Goldman Sachs Analysts Say that It’s Time to Buy Bitcoin

  • In short – the experts are quite bullish for Bitcoin to go up.
  • Basically, they have set up a short-term price target of $13,971 – yes, specifically this one.

by Janis Rijnieks

Recently, Three Arrows Capital CEO Su Zhu has shared the Goldman Sachs note which was sent out to investors. In the note, Goldman Sachs analysts suggest that buying this Bitcoin dip is a prime opportunity. The note itself consisted of a Bitcoin CMI futures chart and a comment from the analysts.

First of all, the fact that Goldman Sachs is sending out crypto, in this particular case, Bitcoin advice to their investors is mind-blowing. Also, the fact that they are seeing it as a bullish pattern and they are using the Elliot Wave Theory indicators on their Bitcoin chart is also a big surprise.

Experts point out that the fact that the Bitcoin CMI futures chart is used means that this note is being sent out only to institutional investors. You can see this by the little gaps in the chart which are weekends. That is the time when CMI Bitcoin Futures markets are closed.

What does the Note Say?

In short – the experts are quite bullish for Bitcoin to go up. Basically, they have set up a short-term price target of $13,971 – yes, specifically this one.

In detail – they believe that Bitcoin will find a support level near $11,094 and $10,791. Once it does that, the analysts say that the chart has plenty of room to break out at least to $12,916, and possibly to a new 2019 ATH – $13,971.

“Reaching these levels could mean completing a v wave count from July. Bottom line, watch for a short-term top/consolidation once satisfied,” says the note.

But this is a short-term prediction. What about long-term? Well, according to Goldman Sachs analysts, anything below $13,000 is an indication to accumulate. They believe that we are in for a similar run-up like we saw recently this year when Bitcoin went from $7,600 to around $11,900 in a matter of a couple of weeks.

“In the bigger scheme of things, this might still be the first leg of another 5-wave count similar to the trend that lasted from Dec ‘18 through Jun ’19,” reads the note.

Also, another thing which recently was highlighted – Bitcoin loves 30% pullbacks. Some experts and analysts have noticed that after a healthy 30% pullback, Bitcoin always have recovered and this is even considered as a normal investment strategy. Hence, it is 100% sure that Bitcoin will have a run-up if it has fallen by approx. 30%.

So in short – Goldman Sachs says that we all need to buy Bitcoin. But, as usual, only the time will show whether this advice was definitely the one that investors should have followed.

Source: https://www.coinspeaker.com/goldman-sachs-buy-bitcoin/

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Enthusiast Gaming $EGLX.ca – From casual #gaming to making millions: Inside the fast-growing #Esports industry $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 1:33 PM on Monday, August 12th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

EGLX: TSX-V

From casual gaming to making millions: Inside the fast-growing esports industry

  • Giorgio Calandrelli, 26, used to play the game Fortnite solely for “fun.” That was until his debut competition under a major esports brand last year.
  • The Italian professional gamer, who is known to his fans as “Pow3r,” says he faced numerous setbacks in his opening bid to impress his new team, London-based Fnatic.

By: Ryan Browne

“I f**ked up,” he says with candor. An accidental misclick that pulled him out of his game also cost him a match. “The tournament is about consistency and getting the most kills as possible to get in the top 20,” Calandrelli told CNBC. Each move he makes matters.

Luckily for Calandrelli, he was afforded a comeback, accruing 20 online kills in a “special challenge” game that won him a lucrative $10,000 prize. Altogether, Fnatic’s Fortnite team managed to bag more than $100,000 over the course of the tournament.

And that’s just the tip of a growing iceberg. Fnatic says that prize pools in the first year of a Fortnite competition have ranged from $1 million to $20 million. Last year, the game’s developer Epic Games announced it was committing $100 million for Fortnite tournament prize pools from 2018 to 2019.

But while esports has grown up as an industry over the past decade, in terms of both money and viewership, its stars — and fans — seem to be getting younger and younger.

Last month saw 16-year-old gamer Kyle “Bugha” Giersdorf haul a huge $3 million reward after coming first place in the Fortnite World Cup, the championship dedicated to the popular battle royale game.

Fortnite has helped reignite interest in esports, with titans of the entertainment industry struggling to figure out how to catch up. Comcast, for example, recently announced it would build a $50 million arena designed to accommodate esports tournaments.

Industry research group Newzoo estimates esports revenues will top $1 billion for the first time this year, climbing 27% from last year’s figure. It’s a phenomenon that’s helped people transition from playing casually in their bedrooms to playing for money in major competitions.

“It’s just like any sport,” Sam Mathews, Fnatic’s co-founder and CEO, told CNBC. “You have the amateurs, and then the semi-amateur pros; then semi-pro and then you get up to pro. It really takes that sort of skill level and attitude. Attitude is a huge part of any sport.”

“When we scout players, we need to see that they go to trials, we need to check that they have the right attitude. And eventually if they’re good enough they make it onto our main squad.”

‘Common ground’

Competitive gamers’ earnings don’t stop at prize pools. There are esports team contracts, sponsorship deals and merchandise on top of that.

Teespring is a platform dedicated to making and selling customized merchandise, with a particular focus on so-called online “influencers.”

Chris Lamontagne, the firm’s CEO, told CNBC it’s formed a strong base of customers involved in gaming. Lamontagne said the benefit of customized merchandise for gamers is it creates “common ground” between them and their fan base.

“There’s a lot of content that can be created just given there’s a mutual connection over the game itself,” he said. He added there are “a couple of big esport teams” using Teespring, without identifying which ones.

Beyond Fortnite, there are plenty of games that have become pillars of the competitive gaming landscape. These include Dota 2, League of Legends, Counter-Strike: Global Offensive and Overwatch.

watch now VIDEO01:20 Sixteen-year-old wins Fortnite World Cup and takes home $3 million

And esports has stretched out beyond staged tournaments, thanks to the advent of live streaming. Calandrelli said he often does live broadcasts on Amazon-owned platform Twitch, a venue which he says helps him connect with his fans.

“Something in the gaming world working really well is streaming,” Lamontagne said. Teespring has signed partnerships with Google’s YouTube and Twitch that let content creators sell their merchandise through its service.

One of the biggest streamers out there right now is Tyler “Ninja” Blevins, who managed to rake in nearly $10 million last year, largely thanks to fan donations and paid subscriptions on Twitch and ad revenue on YouTube.

Blevins helped Fortnite become an esports phenomenon in its own right — with almost 250 million registered users as of March 20, the game’s influence can’t be understated.

And the streaming battlefield could be about to see a shakeup. Ninja recently made the surprise announcement that he would be shifting from Twitch — where he’s pulled in about 14.7 million followers — to Microsoft’s live streaming service Mixer.

Diversification

Mathews, himself a gamer, said there’s plenty of money to be made on the part of esports organizations as well as the players themselves. Fnatic for example has diversified into hardware, selling everything from professional-grade keyboards to gaming headsets.

The company bought gaming hardware manufacturer Func back in 2015, and sells its gear in 400 Best Buy stores in the U.S. It’s also got a presence in South Korea and Japan, Mathews said.

watch now  

“To this day we’re the only esports organization to own its own peripheral hardware business,” he said. “It’s a massively growing part of our revenue stream and something we really believe in.”

Esports players are also making moves in the music industry. Fnatic’s Calandrelli said he is in talks with “one of the biggest” group of rappers in his country on collaborating with them, and has previously done tie-ups with record labels like Virgin EMI and Atlantic Records.

Calandrelli declined to disclose details of his earnings when asked by CNBC.

According to the British Esports Association, some of the top esports players in the world include Saahil “UNiVeRsE” Arora, with estimated income of over $2.6 million, Lee “Faker” Sang-hyeok, with $890,000 in earnings, and Robin “flusha” Ronnquist, who earns an estimate of $388,000.

Source: https://www.cnbc.com/2019/08/12/inside-the-fast-growing-esports-industry-fnatic-fortnite-and-twitch.html

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Advance Gold $AAX.ca – Gold Is At An All-Time High In 73 Countries $ANG.jo $ABX.ca $NGT.ca $MGG.ca $SIL.ca $FA.ca $LON

Posted by AGORACOM at 1:19 PM on Monday, August 12th, 2019

SPONSOR: Advance Gold AAX.v – Advance Gold controls 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. A cluster of 30 Epithermal veins have been discovered, with recent emphasis on exploring a large anomaly to drill. Advance also owns 15% of the Kakamega JV attached to Barrick Takeover Offer for Acacia Mining

  • In Canada, Gold is $100 higher than its (previous) all-time highs.
  • Gold and Silver Ratio also close to previous highs

SOURCE: https://www.zerohedge.com/news/2019-08-11/everything-has-changed-gold-all-time-high-73-countries

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Bougainville Ventures Inc $BOG.ca – Using #CBD Has Never Been More Popular For Americans $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 10:54 AM on Monday, August 12th, 2019
SPONSOR:  Bougainville Ventures Inc (CSE: BOG) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. The company also offers fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Click here for more info.
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Using CBD Has Never Been More Popular For Americans

Reasons why Americans are turning to CBD vary across the board, but pain relief ranks highest at 40%.

by Brendan Bures

  • Whatever notions that CBD was just another wellness fad are officially dead. Need proof? Look no further than a Gallup poll released earlier this week.
  • According to the poll, one in every seven Americans now use CBD for its therapeutic benefits.

While federal regulations around CBD remain unsettled for now, the legalization of hemp in 2018 allowed access to CBD to explode throughout the country. The poll found that younger Americans and those living Western states are more likely to admit using CBD. However, it’s worth noting 50% of Americans still don’t consume CBD, with another 35% confessing they have no familiarity with CBD products at all.

Amongst those aged 30 or younger, CBD usage jumps to 20% and lack of knowledge around CBD products drops to 26%. Those numbers reverse for older demographics. Both these trends mirror what previous Gallup polls found in marijuana usage, as younger people reporting more consumption while older folks less.

The reasons why Americans are turning to CBD vary across the board, with pain relief ranking highest at 40%. Other major reasons for American CBD usage include anxiety (20%), insomnia (11%), and arthritis (8%). That said, women were more likely than men to use CBD to relieve anxiety symptoms (25% vs. 14%), while men turned to CBD as a sleep aid more than women (15% vs. 8%).

And though the majority of Americans report using CBD for medical and therapeutic relief, 5% of respondents admit to recreational usage of CBD.

Though CBD proliferating through the United States might give cannabis enthusiasts cheer, it’s equally important for consumers to recognize whether they’re purchasing the real deal or expensive snake oil. Remember, misinformation around CBD can be life-threatening, especially when using for medicinal purposes. It’s important to buy high-quality CBD products and be able to spot fake CBD in the wild. While CBD oil might be the most popular delivery vehicle, be sure to check out other forms if curious.

Source: https://mjobserver.com/health/using-cbd-has-never-been-more-popular-for-americans/

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Tartisan #Nickel $TN.ca – Gold Is Hot But Nickel Is Hotter As Demand Grows For Batteries In Electric Vehicles #EV $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:34 AM on Monday, August 12th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black
TN: CSE
Fact Sheet
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Gold Is Hot But Nickel Is Hotter As Demand Grows For Batteries In Electric Vehicles

  • Gold is hot but there’s another metal which is hotter, nickel.
  • Up 30% over the past two months nickel has delivered more than double the performance of gold which is up 13% over the same time, and the gap could get a lot wider as the supply of nickel stagnates and demand accelerates.

Tim Treadgold Contributor

The driving force behind the recent awakening of gold is well-understood and can be summed up as a flight to safety as the China v U.S. trade war slows global growth and values of conventional, or fiat currencies, are debased by governments resorting to quantitative easing or other forms of creating money.

Bags filled with nickel briquette and nickel powder sit in a warehouse at the BHP Group Ltd. Kwinana Nickel Refinery in Kwinana, Western Australia, Australia, on Friday, Aug. 2, 2019. The world’s biggest miners, including BHP Group and Glencore Plc, are finally firm believers in the electric vehicle battery revolution — what they don’t agree on is which metals will deliver the best long-term exposure to the developing global market. Photographer: Philip Gostelow/Bloomberg

Nickel’s drivers are different and far easier to understand and boil down to a simple case of supply exceeding demand which, in past nickel booms, was essentially a case of mines failing to keep up with the requirements of steel mills making stainless steel, a material which has traditional consumed close to 80% of the world’s nickel.

Demand Growing For Nickel In Batteries

Stainless steel remains the primary market for nickel but there’s a faster-growing market which until a few years ago was insignificant; lithium-ion batteries.A standard source of power in small appliances such as cell-phones with their nickel-cadmium (NiCd) batteries, or nickel-metal hydride (NiMh) rechargeable batteries the big game today is in the battery packs which power electric cars such as the Tesla, Prius and Leaf.

From being a metal easily described as a one-trick pony thanks to its dominant end-use in stainless steel, nickel has suddenly become a two-trick pony, and if electric cars take off as predicted then a shortage in future years is possible.

What caused nickel to run from around $5.40 a pound two months ago to $7.09/lb at the end of last week (and a high on Friday of $7.22/lb) was a combination of strong demand from Chinese stainless steel mills and speculation that a major source of the metal could be cut off sooner than expected.

The source under threat is unprocessed nickel ore from Indonesia which is shipped to China for use in steel mills as a material called Nickel Pig Iron (NPI). Indonesia, and other countries which produce NPI dislike the material because it does not require any value-adding in the home market.

Previous bans on NPI have crimped the industry only for it to return. But the next ban is expected to be permanent and while Indonesia has said it will not be applied until the year 2022 it could happen sooner, just as battery makers seek supplies of nickel to meet electric-car demand.

A crystalliser, used in the process of manufacturing nickel sulphate hexahydrate, stands at the BHP Group Ltd. Kwinana Nickel Refinery in Kwinana, Western Australia, Australia. Photographer: Philip Gostelow/Bloomberg © 2019 Bloomberg Finance LP

ANZ, an Australian bank, warned two weeks ago that falling stockpiles of nickel metal were a warning of a squeeze developing. Stockpiles in warehouses managed by the London Metal Exchange (LME) have been falling for the past four years, with an accelerating decline over the past two, a time when reserve inventories dropped by 43% from around 250,000 tons to 142,000t.

“Nickel inventories have declined steadily since early 2018, as the persistent market deficit takes a toll,” ANZ said.

“Some analysts suggest stockpiling by electric vehicle manufacturers is behind the depletion. Whether this is the case or not, we see the tight market meaning further inventory drawdowns are likely.

Talk Of Panic Buying

“Current LME stockpiles would meet less than two months of supply — so panic buying is a likely outcome.”

It is highly unusual for a bank like ANZ to use an expression as emotive as panic buying but it was used largely because of concern that speculators had become active in the nickel market ahead of Indonesia’s reintroduction of a ban on NPI.

Pure-play Australian nickel mining companies are enjoying sharp share price rises as the nickel price moves up. Western Areas has risen by 25% over the past month and Mincor, which has just re-signed a supply agreement with BHP, a major producer of the nickel sulphate which battery makers prefer, is up 28%.

If there is a squeeze developing on nickel supplies as a major new market develops for the metal the price could go much higher than its current $7.09/lb.

Back in 2011 when a supply shortage developed the nickel price hit $22/lb, before falling rapidly as steel mills found substitutes for nickel in their stainless steel, including manganese.

No-one is talking about a nickel boom as powerful as that in 2011 but nickel has a long track record of extreme moves, up and down.

Source: https://www.forbes.com/sites/timtreadgold/2019/08/11/gold-is-hot-but-nickel-is-hotter-as-demand-grows-for-batteries-in-electric-vehicles/#634a95f93610

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American Creek $AMK.ca Commences Drilling on Dunwell Mine Property in BC’s Golden Triangle $SII.ca $SA $SKE.ca $TUD.ca $PVG.ca $MRO.ca $NGT.ca $SPMT.ca $GTT.ca$III.ca $GGI.ca

Posted by AGORACOM at 9:26 AM on Monday, August 12th, 2019
  • Initiated 2000m Drill Program on 100% owned Dunwell Mine project
  • Located in the heart of the Golden Triangle a few kilometers outside of Stewart, BC
  • Dunwell has multiple bonanza grade vein systems found scattered over several kilometers around the mine itself.

Cardston, Alberta–(Newsfile Corp. – August 12, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Company”) is pleased to announce that a drill has been mobilized to the Dunwell Mine project and drilling has now commenced. As part of an overall exploration program it is anticipated that Phase I will include up to 2,000 meters of drilling on several targets.

The 100% owned Dunwell Mine project is located in the heart of the Golden Triangle a few kilometers outside of Stewart, BC.

Darren Blaney, CEO and President stated: “We are very excited to begin drilling on this project. We have had our eye on this property since 2006 and now we finally get to start showing the market what we have. The Dunwell is an incredibly prospective property and has everything going for it from amazing access and logistics to multiple areas with past high grade production. All indications are that these multiple bonanza grade vein systems found scattered over several kilometers around the Dunwell mine itself are all related and form part of a much larger system underlying the property.”

Property Description and History

Through a series of strategic acquisitions American Creek was able to purchase the past producing Dunwell Mine as well as several adjoining very prospective properties, combining them into one large land package that encompasses the best gold and silver mineral occurrences and historic workings in the Bear River valley. The amalgamated property spans 1,655 hectares covering the northern portion of the Portland Canal Fissure Zone, an area first prospected in the late 1800’s and hosting some of the earliest producing gold and silver mines in the Stewart area.

The property is located 8 km northeast of Stewart with a road right to the mine site and a major highway and power line also running through the property. The Dunwell Mine adit itself is located only 2 km from Highway 37A and the power transmission line. Stewart hosts a deep sea port including modern ore loading and shipping facilities.

Unlike the majority of mineral properties located near Stewart and within the Golden Triangle, the Dunwell is relatively moderate and at low elevation (600m and lower). These features allow for year-round work which typically isn’t the case for exploration programs conducted in the Stewart region where projects are typically at higher altitude in very rugged terrain, are accessible only by helicopter, and lack critical infrastructure such as roads and power. The Dunwell project may just have the best logistics of any project in the Golden Triangle.

Although there has been a substantive amount of small-scale historic work (pre-1940) in this area given its close proximity to Stewart, very fractured ownership of individual mineral claims greatly hampered meaningful larger scale exploration resulting in very little modern exploration being conducted on the property or in the immediate region.

The Dunwell Mine is the most significant mineral occurrence within the Portland Canal Fissure Zone. Production at the Dunwell occurred between 1926 and 1937. From historic reports, it appears that a total of 45,657 tons averaging 6.63 g/t gold, 223.91 g/t silver, 1.83% lead, 2.43% zinc and 0.026% copper (approximately 11.3 g/t gold equivalent) were produced. In one such report (#23345 summary report) the Dunwell shows initial production of 4,872 oz gold, 102,855 oz silver, 1.2M lbs lead, and 1.64M lbs zinc from 27,067 tons of ore milled. A further 23,231 tons was milled in 1941 yielding 4,878 oz gold, 233,017 oz silver, 511,082 lbs lead, and 789,854 lbs zinc.

Strong potential exists to develop more reserves along strike with the present workings and at depth below the No. 4 level. A drill program conducted by prior owners in 2010 revealed a zone at least 300 metres long and 200 metres along dip with a true thickness of 6-7 meters, suggesting an extension of the ore body vein system previously mined. Eight holes drilled 150 meters underneath and to the north of the old underground workings resulted in the discovery of a wide quartz breccia zone with strong sphalerite, galena, pyrite and chalcopyrite. Due to unfavorable market conditions at the time, the work was never followed up on. Significant reported results from the 2010 drilling are displayed in the table below:

HoleFrom (m)To (m)LengthAu g/tAg g/tPb %Zn %Cu %
D4-10-09215.55222.266.7114.2737.810.250.630.02
D4-10-10216.77221.955.185.3162.40.520.800.03
D4-10-11217.07222.935.854.7455.880.090.720.02
D4-10-12218.352256.647.6837.400.3300.900.02
D4-10-15208.84213.144.315.6242.00.040.401.44

The 2019 Phase I drill program is designed to confirm the promising results from the 2010 drilling and also to expand the known extent of the vein system with step out holes. Drill hole D4-2010-09 returned an impressive 14.27 g/t gold over 6.7 meters and along with similar results in adjacent holes, partially delineated a new high-grade vein system. The first hole to be drilled in the 2019 program will be located in close proximity to D4-2010-09. A series of holes will then be drilled to extend the known extent of this new vein system.

James McCrea, P. Geo for the Dunwell project, commented: “The historic Dunwell Mine workings straddle a large shear zone that is interpreted to be part of the Portland Canal Fissure Zone. The shear has a surface expression of up to 3 km with a series of known vein showings, along the shear, north and south of the Dunwell, that have an extent of 2 km. The potential for further discoveries exists adjacent to the shear in the area of the Dunwell Mine.”

In addition to the past producing Dunwell Mine itself, the property package also contains other high-grade gold and silver occurrences and historic small-scale gold/silver high-grading operations along a several kilometer north/south trend that correlates to the fissure zone and major faulting. A search of old reports produced an impressive number of such occurrences on the property. The reported grades are even more impressive. Some of these include the following:

Ben Ali: 5,000 tons yielding 3,000 ounces gold. 4,500 tons at 21.6 g/t gold.

Lakeview: 60 tons grading 4.7 g/t gold, 2,734 g/t silver, and 11.5% lead.

Tyee (Mother Lode): Produced 8.2 ton of ore grading 124.4 g/t gold and 4,478.8 g/t silver.

Mayflower: produced a few tons of ore running about $60 a ton in gold values (1918 values). An adit sample assayed 78.2 g/t gold and 1,961.2 g/t silver.

Silver Ledge: Quartz veins with up to 0.36 ounces per ton gold, 5.04 ounces per ton silver, 5.4% lead and 0.65% zinc.

Goldie: Historic grab sample from 2 tons of galena assayed 2,880 g/t silver and 80% lead.

Victoria (Main Reef): Two separate numbers reported; perhaps an initial 6 tons of 20.6 g/t gold, 1028.6 g/t silver, 35% lead, and 10% zinc ore was shipped, later totaling 11 tons grading 20.15 g/t gold, 775 g/t silver, 25% lead, and 5% zinc.

Mimico: Historic grab samples of galena have assayed up to 5,345 g/t silver and 87.2% lead.



Rock sample from the Dunwell property grading 14 g/t Au, 46 g/t Ag with Cu, Pb, and Zn.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/682/46848_3d4a5951a4219a46_001full.jpg

For a summary about the Dunwell Mine project please click here: Dunwell Summary

Qualified Person

The Qualified Person directing the Dunwell exploration program is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

In addition to the 100% owned Dunwell project, the portfolio includes two other gold/silver projects located in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor Gold.

A major drill program is presently being conducted at Treaty Creek by JV partner and operator Tudor Gold. There are now two drills working on the Goldstorm zone with the objective of defining a significant maiden gold resource. The last hole reported included a 780 meter intercept of 0.683 g/t gold including a higher grade upper portion of 1.095 g/t over 370.5 meters.

For a summary of the Treaty Creek project click here: Treaty Creek Summary

Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

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

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Empower Clinics $CBDT.ca Receives Approval from #SQUARE to Process #CBD Product Sales in Clinics, Stores, Online, and throughout the Company Network Nationwide in the U.S. $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 8:18 AM on Monday, August 12th, 2019
  • Announced it has received approval from SQUARE, Inc. to accept card payments
  • Patients and customers can now purchase hemp-derived CBD products and diverse wellness products from Empower Clinics & Sun Valley Health online and in-store using the SQUARE payment processing system

VANCOUVER, Aug. 12, 2019 – EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (OTC: EPWCF) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics in the U.S., is pleased to announce it has received approval from SQUARE, Inc. to accept card payments from customers that want to purchase CBD products and other wellness products from the Company in clinics, stores and online.

Patients and customers can now purchase hemp-derived CBD products and diverse wellness products from Empower Clinics & Sun Valley Health online and in-store using the SQUARE payment processing system, ensuring ease-of-use and a positive checkout experience.

“Providing our patients and customers with card payment options for CBD product purchases is imperative and the fact that SQUARE has approved us, affirms our professionalism and operating standards.” said Steven McAuley, Empowers Chairman & CEO. “The addition of SQUARE merchant services provides our customers the ability to purchase products in a simple and user-friendly manner, something that we all take for granted each day.”

Square tells its users online that, “We believe everyone should be able to participate and thrive in the economy.” They also say “That no one should be left out of the economy because the cost is too great, or the technology too complex.”

Merchant services enable businesses to accept credit and debit card payments from customers. Empower Clinics and its subsidiaries, have stable and strong partnerships with commercial banking providers in the Pacific Northwest and in Arizona.

About SQUARE

Square, Inc. is a financial services and merchant services aggregator, and mobile payment company based in San Francisco, California. The company markets several software and hardware payments products and has expanded into small business services.

ABOUT EMPOWER

Empower is a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics, operating the Sun Valley Health clinic brand www.sunvalleyhealth.com, for its nine corporate locations and for franchises in the United States. As a CBD product manufacturer under the Sollievo brand, the company distributes its lines through clinics, online and through retail partners. Extraction operations are currently being developed in the Company’s new extraction facility in Oregon.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

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 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 terms 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. 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 the hemp-based CBD extraction facility may not be fully operation by Q2 2019 if at all; 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.

SOURCE Empower Clinics Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2019/12/c2706.html

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Posted in Empower Clinics Inc., Featured | Comments Off on Empower Clinics $CBDT.ca Receives Approval from #SQUARE to Process #CBD Product Sales in Clinics, Stores, Online, and throughout the Company Network Nationwide in the U.S. $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Esports Entertainment Group $GMBL – #NetEase Plans $710M #Esports Park in Shanghai $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 4:17 PM on Friday, August 9th, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

———————–

NetEase Plans $710M Esports Park in Shanghai

  • Chinese game publisher NetEase announced its plans to invest over Â¥5B RMB ($710M USD) to build an “Esports Park” in the Shanghai Qingpu district.
  • Multiple esports projects will be hosted in the park related to product design, venue, teams development, talent construction, and user experiences.
  • NetEase will build China’s first “class-A venue” in the park, at a minimum of 50K square meters, and 5,000 seats. This follows the Shanghai government’s new classification and set of standards for esports venues.

Game publisher and the exclusive Chinese distributor of Blizzard Entertainment games, NetEase, announced that it plans to invest over Â¥5B RMB ($710M) to build the “NetEase Esports Park” in the Shanghai Qingpu district. 

The plan was announced at 2019 Global Esports Conference in Shanghai, held by the Shanghai government. Ding Yingfeng, president of NetEase, said that the plan would include multiple esports-related projects,  including those related to product design, team development, talent construction, and user experiences. 

Yingfeng also announced that the company will build China’s first “class-A esports venue” in the park. This is in accordance with a new classification and set of standards for esports venues announced by the Shanghai government. As a class-A esports venue, the facility is required to have a minimum size of 50K square meters, and 5,000 seats.

As well as being a distributor of Blizzard titles, NetEase owns the Shanghai Dragons, an Overwatch team which represents Shanghai in the Overwatch League (OWL). In July, Activision Blizzard announced that every Overwatch League team would host at least two homestand events next year, in place of the original home-away plan.  It is very likely that NetEase’s esports park will be used for the Shanghai Dragons’ homestand events, and will potentially become the team’s permanent home venue in 2021.

Source: https://esportsobserver.com/netease-esports-park-shanghai/

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