Agoracom Blog

CLIENT FEATURE: #KABN Empowering Digital Currency Holders and KABN Cardholders Alike To Spend Wherever #Visa Is Accepted

Posted by AGORACOM-JC at 10:00 AM on Friday, May 3rd, 2019

The KABN Network is an integrated suite of financial services that includes:

  • The Pegasus Flyte Visa Card, an approved crypto-linked prepaid Visa card and mobile integrated multi-currency banking wallet;
  • KABN KASH, a robust loyalty and engagement program and
  • KABN ID (The network anchor), a patent pending, Always On, GDPR complaint, blockchain and biometrically based, identity verification and validation platform.  KABN ID is a free to use service for consumers that provides continuous monitoring and proof of identity online and in conventional marketplaces.

THE PROBLEM KABN SOLVES

As cryptocurrencies and other digital currencies grow globally, there is an ever-increasing need to convert them into traditional currencies (i.e. USD and Euros) for use in traditional spending.

KABN’s integrated suite of products, which has received approval by Visa, solves this major challenge by empowering digital currency holders to spend in-store and online, as well as, access ATMs globally wherever Visa is accepted.

KABN’s technology has been built, their partners are in place, they have been approved by Visa and they are ready to go for their European launch in the 2nd quarter with an expected expansion to North America later this year.

Select Partners

FULL DISCLOSURE: KABN is an advertising client of AGORA Internet Relations Corp.

American Creek $AMK.ca Reports on JV Partner Tudor Gold’s 2019 Exploration Plans for Treaty Creek Project $SEA $SA $SKE.ca $TUD.ca $PVG $MRO.ca

Posted by AGORACOM at 9:54 AM on Friday, May 3rd, 2019
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  • Primary exploration target within Treaty Creek is the Goldstorm system.
  • The Goldstorm zone is located five kilometers northeast of Seabridge’s Iron Cap Deposit.
  • The Goldstorm mineralized body can be traced for at least 500 meters along strike.
  • 20 diamond drill holes totaling 14,000 meters of drilling are planned

Cardston, Alberta–(Newsfile Corp. – May 3, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) is pleased to announce that JV partner Tudor Gold (“Tudor”) has announced the 2019 exploration plans for its flagship property, the Treaty Creek project located in the Golden Triangle of NW British Columbia.

The primary exploration target within Treaty Creek is the Goldstorm system. From the southwest corner of the Treaty Creek claims, which are bordering Seabridge’s claims, the Sulphurets Thrust Fault leads from Seabridge’s Iron Cap Deposit to Tudor’s Goldstorm system. This regional thrust fault sharply defines the hanging wall contact of both the Iron Cap Deposit and the Goldstorm zone. The Goldstorm zone is located five kilometers northeast of Seabridge’s Iron Cap Deposit.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/44520_292c597fb4ce9967_001.jpg


Map showing Sulphurets fault extending through Goldstorm zone.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/682/44520_292c597fb4ce9967_001full.jpg

The Goldstorm mineralized body can be traced for at least 500 meters along strike. The gold mineralization appears to be confined to the northwest by what appears to be the Sulphurets Thrust Fault, however gold mineralization remains open in all other directions and is open to depth as well.

Ken Konkin, P.Geo. Tudor’s Exploration Manager, provided details on Tudor’s exploration plans and objectives for Treaty Creek:

“For the 2019 exploration season we have planned 20 diamond drill holes totaling 14,000 meters of drilling, subject to the Company having sufficient cash resources to fund the ongoing program. Tudor Gold plans to use two diamond drill rigs. The first phase of drilling will include 3,600 meters of drilling with five planned drill holes. The goal is to trace-out the gold mineralization to the footwall contact and to continue drilling to extend the zone to the northeast 200 meters beyond drill hole CB18-39 (0.981 gpt Au over 563.8m) (See news release of November 26, 2018). The gold system appears to be at least 300 meters wide and at least 700 meters deep, however the strongest mineralized horizons occur near surface in the uppermost parts of the mineralized body. In order to fast-track the exploration process, step-out drilling along strike is proposed in 200 meter sections. We believe that this approach is the most efficient way to outline the size and shape of the target.”

Walter Storm, President and CEO of Tudor stated: “We are fortunate to have someone with such vast geological experience as Ken Konkin as Tudor Gold’s Exploration Manager. Our management team is very confident with Ken’s abilities and he will personally manage all aspects of the drill program. His preliminary work has been outstanding in defining and prioritizing drill targets.”

Darren Blaney, CEO of American Creek stated: “The much anticipated 2019 exploration program at Treaty Creek is rapidly approaching. We are very optimistic that the proposed expanded drilling program building on that spectacular last hole from 2018, CB18-39 will continue to show extensive gold mineralization. We have the utmost confidence in Mr. Konkin’s expertise and ability as his amazing track record speaks for itself.”

The following video shows the drill hole collar locations with proposed drill hole traces.

Click here to watch the video.

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is 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.

The Treaty Creek Project is a joint venture between Tudor Gold, American Creek Resources, and Teuton Resources Corp. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

For more information about Treaty Creek click here.

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.

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

Gratomic Inc $GRAT.ca Provides Update on Construction of Commercial Scale Graphite Processing Plant and Exploration Activities at Aukam Mine, Namibia $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 9:41 AM on Friday, May 3rd, 2019
https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/thumbnail/entry_id/0_pqjmglz8/def_height/137/def_width/373/version/100012/type/1


  • The Company has been advancing the Graphite Project on three fronts
  • Exploration and diamond drilling
  • Construction of on-site offices, laboratory, and living quarters,
  • Construction of a commercial scale graphite processing plant capable of producing 20,000 tonnes of concentrate per year,

TORONTO, May 3, 2019 /CNW/ – Gratomic Inc. (“Gratomic” or the “Company”) (TSX-V: GRAT) (CB81–FRANKFURT) a vertically integrated graphite to graphene, advanced materials development company is pleased to provide an update from its Aukam Graphite Mine in Namibia. The Company has been advancing the Graphite Project on three fronts focusing on exploration and diamond drilling, construction of on-site offices, laboratory, and living quarters, and the construction of a commercial scale graphite processing plant. The commercial scale graphite plant, capable of producing in excess of 20,000 tonnes of graphite concentrate per year, will replace the existing pilot plant commissioned in 2018 which successfully produced 5.5 tonnes of graphite concentrate grading between 88%-96% Carbon as Graphite (“Cg”).

The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property hosts five underground adits which were mined periodically between 1940 and 1974.  Graphite mineralization at Aukam is of the vein or lump type and occurs as massive lenses and veins. Graphite has also been observed as minor disseminated patches hosted in variably altered granite.

2018 Exploration

During 2018, Gratomic contracted Gregory Symons Geophysics (GSG) to perform Horizontal Loop Electromagnetics (HLEM) and magnetic surveys in continuation of previous geophysical surveys undertaken in 2016/2017.  The original survey was performed in the vicinity of the Aukam Mine marked by the black polygon in Figure1 below.  During the 2018 geophysical survey, ground electromagnetic and magnetic surveys were completed in two areas identified as Grid 1, which lies East of the Aukam Mine, and a portion Grid 2 as indicated in purple, known as Snyman Graphite Occurrence (see Figure 1).

Figure 1 showing 2016 survey in black, Grid 1 & Grid 2 completed in 2018, Grid 3 proposed for 2019 (CNW Group/Gratomic)

Grid 1 adjoins the previous survey over the mine area at Aukam and extends the strike length covered to 1.6 kilometres to the East. Significant interpretations pertaining to Grid 1 include:

  • Graphite identified at surface occurs both as massive graphite veins and widespread disseminated graphite over an area of 550 metres east-west by 190 metres north- south,
  • Surface graphite showings are located sub-parallel to known electromagnetic anomalies,
  • Electromagnetic anomalies extend those depicted by the original survey by approximately 550 metres,
  • Current strike length of anomaly now stands at 1.3 kilometres,
  • Distinct drill targets have been identified along the trend (see Figure 2),
  • Surveyed area appears to be under rather shallow sand cover,
  • Prospective areas identified are conducive to surface trenching.
Figure 2 showing the interpretation overlain on  the Grid 1 Analytic Signal Map. Conductors C1 to C5 interpreted as possible graphitic mineralization. The best EM anomaly is C1 and trenching and drilling is recommended on Line 1340 (CNW Group/Gratomic)

Grid 2 of the completed geophysical survey covers the Snyman graphite occurrence in the northeastern portion of EPL3895. The Snyman graphite occurrence covers an area of 7.5 ha and lies approximately 6.5 kilometres east of the Aukam mine.

Significant interpretations pertaining to Grid 2 include:

  • Graphitic interpreted mineralization is depicted by a predominant EM anomaly in the northwest part of the grid extending over 150 metres,
  • A second weaker EM further to the east extends over 600 metres is thought to be associated with graphite mineralization in the area
  • The grid area appears to be covered with thin overburden,
  • Areas have been identified as prospective areas conducive to surface trenching (see Figure 3)
Figure 3 showing the interpretation overlain on the Grid 2 Analytical Signal Map. Conductor C1 is interpreted as possible graphitic mineralization. The best EM anomaly is at C1a and trenching is recommended here on Line 1030 (CNW Group/Gratomic)

During 2018 Gratomic was granted additional Exclusive Prospecting License, Number 6710 (EPL 6710) by the Namibian Ministry of Mines and Energy, with an initial exclusivity of three years.  The license area is contiguous with EPL 3895, which covers the Aukam graphite deposit and the Snyman graphite occurrence (see Figure 4). The application for EPL 6710 was submitted in order to cover the potential strike extension of the Snyman graphite occurrence to the east. In addition, EPL 6710 covers an additional area considered prospective for graphite within the “Aukam window” where rocks hosting the Aukam and Snyman graphite are exposed beneath the regional unconformity at the base of the Nama Group sedimentary rocks. The addition of the new EPL increases the area of prospective geology covered to 63,072 hectares (630 square kilometres). 

Figure 4 showing Exclusive Prospecting License EPL 3895 & EPL 6710 (CNW Group/Gratomic)

Regional exploration in 2018 included mapping and sampling of graphite occurrences throughout the Company’s license areas with emphasis on the 400 hectares encompassing both the Snyman graphite occurrence and the area east of the Aukam Mine. Compilation, interpretation and presentation of all available geologic data allowed for subsequent diamond drill targeting with initial drilling planned for the area immediately east of the existing underground workings of the Aukam Mine. 

Figure 5 Geologic Map Grid 2 – Snyman Farm Area (CNW Group/Gratomic)
Photo 1 Looking East over Process Site (CNW Group/Gratomic)

Diamond Drilling

Two company drills were deployed to Aukam in March 2019 with diamond drilling commencing in April.  The company is currently operating a Longyear 38 with a 2-cylinder XY-1 drill for a backup.  Initial targets being drilled are proximal to the Aukam Mine and are spaced at 25 metres with infill drill planned to follow based on results. Five holes have been completed at the time of this release.

Photo 2 High grade vein-type graphitic seam (CNW Group/Gratomic)
Photo 3 Longyear-38 Diamond Drill (CNW Group/Gratomic)
Photo 4 XY-1 Diamond Drill (CNW Group/Gratomic)
Figure 6 Phase 1 Diamond Drilling – East of Aukam Mine (CNW Group/Gratomic)

Processing Plant

During 2018 Gratomic completed the construction and start-up of its’ prototype processing plant to test and refine the processes that will be used for commercial production. The Aukam processing plant uses a simple crushing, grinding and flotation system. Graphite feed for the prototype plant was obtained from screening and sorting of existing stockpiles from historical mining. The processing plant operated for 26 days during April and for all 31 days in May of 2018. While operational, data was collected at each phase of the process and test results from samples were sent to Gecko labs with the subsequent results used to optimize plant processes. The following tests and optimization were conducted:

  • Liberation analysis
  • Flake size distribution analysis
  • Mixing velocity optimization
  • Screen size analysis and optimization
  • Air flow analysis in columns and optimization
  • Drying analysis and optimization
  • Silica dispersant ratio optimization
  • Reagent optimization
  • Product flow rate optimization
  • Grade optimization
  • Staff recruitment, training, and man-hour analysis
  • Economic sensitivity analysis on pilot processing facility
  • Feed stock optimization and process

The Company continued to optimize the pilot plant processing stockpiled graphite mineralization throughout 2018. To date, the plant has processed 9 tonnes of the graphite mineralization with 5.5 tonnes of graphite concentrate grading between 88% and 96% Cg shipped to Perpetuus Carbon Technologies (“Perpetuus”) for the manufacture of graphene to be used in the automobile and bicycle tire industry. Graphene made from Aukam graphite continues to be tested in Europe and Asia with good results.

Gratomic and Perpetuus are currently in collaboration to build on Perpetuus’ capability to produce high quality surface modified graphene in support of the anticipated volumes required by the tire manufacturing industry. Additional applications that have now been generated in a preproduction format include radiant heating membranes and super hydrophobic coatings with an addressable market that include; graphene inks, marine, oil & gas, power generation, industrial (repair & maintenance), infrastructure (new build) and automotive & transportation among others.

Plant Expansion

Plant expansion to increase capacity to 20,000 tonne per annum began in2018. Initial activities included construction of a platform for drying graphite product and of a washing bay for equipment, complete with a containment system to collect impacted water. Steel drying pans, an oven, and two screens were also assembled and successfully tested. Continued upgrades involved the extension of the working area on the pilot plant by another 35 metres to the north-west to accommodate new crushing equipment and conveyer belts.  Analysis of all plant processes continues to optimize efficiencies of each process such as rod mills, flotation columns, and reagent introduction. Four different tests were run with the first test being used as a base line.  Samples were taken from the rod mill feed, mill discharge, and screen under-and-over size.  Calculations were made to determine the amount of chemicals needed to be introduced into the mixers according to the density and volume of the mixer feed.

Recent upgrades to the processing plant continue with the arrival of additional commercial scale equipment including; industrial sized generator, screw conveyors, shaker screens, rod mill, conveyors, and boom truck.

Photo 5 showing commercial scale rod mill, screeners and conveyance systems (CNW Group/Gratomic)

Gratomic is continuing with its systematic assembly of the commercial scale graphite processing plant.  Next steps will include:

  • Completion of the pilot acid wash. This circuit will be used to collect engineering data to design the commercial scale plant. This is an addition to the plant that will allow the company to produce upwards of 98.5% graphite based on its latest pilot testing results in the lab.
  • Modifications are currently being made to the jaw crusher to allow it to more effectively crush graphite,
  • Rod mill support systems such as maintenance cradles and cranes, rod loading equipment and control systems are currently being engineered,
  • Flotation circuit mass balances are being explored using pilot plant data in order to size the pumps and flow lines of the flotation system,
  • Dewatering circuit equipment are currently being specified,
  • Water conditioning systems are currently being designed to allow close to 100% recycle of water. This includes pH control, removal of fine suspended solids and removal of dissolved iron,
  • Control systems are being designed for each sub-circuit of the commercial scale plant.

Camp Construction

Construction of the onsite Management Camp consisting of offices, laboratory, kitchen, and living quarters, is ongoing.  Work began with two of the larger structures during Q4/2018.

Photo 6 portion of site office structures under Namibia night sky (CNW Group/Gratomic)

Qualified Persons

Steve Gray, P.Geo. has reviewed, prepared and approved the scientific and technical information in this press release and is Gratomic Inc’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an 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. We are collaborating with a leading European manufacturer of graphene to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol GRAT. 

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

BREAKING: #Esports Entertainment Group $GMBL Announces Filing of S-1 Registration Statement $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 7:36 AM on Friday, May 3rd, 2019
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  • Filed registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed offering of its securities
  • Proposed maximum aggregate offering is $11,500,000.

BIRKIRKARA, Malta, May 03, 2019 — Esports Entertainment Group, Inc. (GMBL:OTCQB) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed offering of its securities. Though the number and type of securities to be offered and the price range for the offering have not yet been determined, the proposed maximum aggregate offering is $11,500,000.

The Company expects to use the net proceeds from the proposed offering for the following purposes:

  • In connection with obtaining our proposed license in, and establishing operations in Malta;
  • To obtain an online gaming license from, and establish operations in, an Asian country to be selected;
  • To develop and launch our skill-based video game tournaments for play on mobile devices;
  • To develop and launch our skill-based video game tournaments for play on PCs and video game consoles;
  • To upgrade sales and marketing capabilities
  • To purchase from a related party a software license for our gambling platform; and
  • Working capital and other general corporate purposes.

Joseph Gunnar & Co. and Dinosaur Financial Group will be co-underwriters for the proposed offering.

The offering of the Company’s securities will be made only by means of a prospectus.

When available, a copy of the preliminary prospectus related to the offering may be obtained from:

Esports Entertainment Group, Inc., 170 Pater House, Psaila Street, Birkirkara, Malta, Attn: Grant Johnson, CEO, by calling +356-2757-7000, or by emailing [email protected];

Joseph Gunnar & Co., LLC, 30 Broad Street, 11th Floor, New York, NY 10004, by calling 212-440-9600, or by emailing [email protected];

Dinosaur Financial Group, LLC, 470 Park Avenue South, 9th Floor, New York, NY 10016, by calling 212-448-9944, or by emailing [email protected].

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page: 
http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands. The Company maintains offices in Malta, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance
1-268-562-9111
[email protected]

Media & Investor Relations Inquiries
AGORACOM 
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

U.S. Investor Relations
RedChip
Dave Gentry
407-491-4498
[email protected]

Enthusiast Gaming $EGLX.ca – #Esports organisation Immortals raises $30 million in funding $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 3:36 PM on Thursday, May 2nd, 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

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EGLX: TSX-V
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Esports organisation Immortals raises $30 million in funding

  • Global esports organisation Immortals has raised $30 million after closing a Series B funding round.
  • Primary investors included existing Immortals shareholders AEG, Lionsgate, the Milken Family, Steve Kaplan and Meg Whitman.

By Matthew Forde, Staff Writer

Global esports organisation Immortals has raised $30 million after closing a Series B funding round.

Primary investors included existing Immortals shareholders AEG, Lionsgate, the Milken Family, Steve Kaplan and Meg Whitman. March Capital Partners and John Griffin were named as new non-shareholder investors.

Immortals has also acquired Brazilian matchmaking platform Gamers Club, as well as rebranded its holding company as Immortals Gaming Club.

IGC Esports will operate the firm’s competitive esports rosters in Los Angeles while Gamer Club will continue to look after the Counter-Strike: Global Offensive community hub in Brazil, with expansion into further territories planned for the future.

Premier platform

“Bringing together a premier platform in Gamers Club and our core esports team operations is a critical and exciting step in enabling IGC to become a vertically integrated, truly global esports and gaming organisation,” said Immortals CEO Ari Segal.

“This fundraise is a major milestone in the evolution of this organisation and furthers our ambition to build a distinctive, best-in-class esports and gaming organisation.”

Gamers Club co-founder Yuri Uchiyama added: “IGC’s vision to unite esports and gaming platforms will deliver the best possible experience for current and future members of the Gamers Club community. We look forward to working with IGC to create this best in class experience across Counter-Strike and other games.”

Learn more about competitive gaming on the Esports Academy track at Pocket Gamer Connects Seattle on May 13th and 14th.

Source: https://www.pocketgamer.biz/news/70621/esports-organisation-immortals-raises-30-million-in-funding/

ThreeD Capital Inc. $IDK.ca – Central Banks Settle Cross-Border Payments With #Blockchain for First Time $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 2:00 PM on Thursday, May 2nd, 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.

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Central Banks Settle Cross-Border Payments With Blockchain for First Time

  • Central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies.
  • The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed “great potential to increase efficiencies and reduce risks for cross-border payments.”

Yogita Khatri

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies.

The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed “great potential to increase efficiencies and reduce risks for cross-border payments.”

The effort saw BoC and MAS linking up their respective blockchain projects, Jasper and Ubin, which are built on two different blockchain networks: R3’s Corda and JPMorgan’s Quorum, respectively. The two networks were connected using a technique called hashed time-locked contracts and allowed direct Payment versus Payment (PvP) settlement without the use of an intermediary.

Lending tech support for the project were Accenture and JPMorgan, which assisted development of the Canadian project on Corda and the Singapore project on Quorum, respectively.

Scott Hendry, Bank of Canada’s senior special director for financial technology, said:

“The world of cross-border payments is complicated and expensive: our exploratory journey into the use of DLT [distributed ledger technology] to try to reduce some of the costs and improve traceability of these payments has yielded many lessons.”

Jasper and Ubin have been in progress since as far back as 2016 as part of efforts to increase the efficiency of banking payments.

“The successful outcome of the Jasper-Ubin project is a big milestone for the modernization of cross-border, cross-currency transactions,” said Accenture’s managing director and global blockchain lead, David Treat

The two central banks have also jointly published a report describing the different design options to enable such settlement systems and stating:

“A fragmented world, with differing standards, processes, norms, and regulations is the key challenge in cross-border payments today. DLT could offer an easier and faster path towards adoption than a centralized approach because it can leave the different jurisdictions involved in control of their portion of the network while allowing for tight integration with the rest of the network.”

However, they added that the Jasper-Ubin project is experimental in nature and whether the two will eventually use blockchain technology for “high-value” cross-border payments “remains to be seen.”

The BoC and MAS further called on other central banks, financial institutions and tech firms to join the initiative in making cross-border payments “cheaper, faster and safer.”

Bank of Canada image via Shutterstock

Source: https://www.coindesk.com/central-banks-settle-cross-border-payments-with-blockchain-for-first-time

North Bud Farms Inc. $NBUD.ca – More Canadians smoking up and buying it from legal sources $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 12:25 PM on Thursday, May 2nd, 2019

SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

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More Canadians smoking up and buying it from legal sources

  • A new report on cannabis use in Canada shows how many have tried it for the first time, how many smoke daily, and how many think it is okay to drive within two hours of smoking up.
  • It said 5.3-million Canadians or 18 per cent over the age of 15 admitted to using cannabis within the past three months
  • That is an increase from 14 per cent during the same period last year before legal recreational use.

By Adelle Loiselle

May 2, 2019

A new report on cannabis use in Canada shows how many have tried it for the first time, how many smoke daily, and how many think it is okay to drive within two hours of smoking up.

Statistics Canada released the report detailing use in the first quarter of 2019 Thursday.

It said 5.3-million Canadians or 18 per cent over the age of 15 admitted to using cannabis within the past three months. That is an increase from 14 per cent during the same period last year before legal recreational use. In Ontario, one in five residents used in the first quarter of 2019 compared to 14 per cent during that period in 2018.

An increase among men aged 45 to 64 partially explains the rise. It went up to 22 per cent from 16 per cent a year ago, while use among women remained stagnant at 13 per cent.

Some 646,000 people admitted to trying it for the first time, while others had used it in the past but tried it again after abstaining for years. Older users accounted for a third of all people who sampled for the first time.

The percentage of daily users did not change from 2018, but there were more weekly and occasional consumers.

The report also showed that more people are buying their cannabis from legal sources. Statistics Canada says 47 per cent of users obtained solely from legitimate sources, like the Ontario Cannabis Store or legal retail marijuana stores, while 38 per cent got it illegally, down from 51 per cent last year. The rest used a mix of legal and illegal sources.

Cannabis use and driving still present a safety concern. The agency said half of Canadians believe it is safe to drive after three hours of using cannabis, but 15 per cent believed it was safe to get behind the wheel less than two hours afterwards. Many of those who drove earlier also said they had been passengers in a vehicle where the driver consumed cannabis within two hours of driving.

More than half a million Canadians also confessed to either using cannabis right before going to work or while on the job. About 27 per cent of those people were daily users.

Source: https://blackburnnews.com/windsor/windsor-news/2019/05/02/canadian-smoking-buying-legal-sources/

Tartisan Nickel $TN.ca – #EV #battery #nickel use climbs $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:59 AM on Thursday, May 2nd, 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

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Fact Sheet
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EV battery nickel use climbs

Nickel use in electric vehicle batteries has doubled year-on-year, according to research consultancy Adamas Intelligence.

  • Adamas said this week that 104% more nickel was deployed in new passenger EV batteries in February, up 104% year-on-year.
  • Manganese deployment was up by 96% and cobalt deployment was up 87% for the same period.

“While usage of all three cathode metals saw major gains from February 2018 through February 2019, nickel enjoyed the greatest gains on account of the auto industry’s ongoing shift from no or low-nickel cathodes, such as LFP or NCM 111, to varieties with higher concentrations of nickel, such as NCM 523, NCM 622, and NCM 811,” Adamas said.

Batteries are still only estimated to account for less than 5% of global nickel demand.

The Tesla Model 3 accounted for more than 400 tonnes of nickel use in February, followed by the Nissan Leaf, Tesla Model X, Tesla Model S and Hyundai Kona.

The five models were responsible for almost 50% of all nickel deployed in EV batteries globally during February.

Adamas said lithium carbonate equivalent deployment in EV batteries rose by 76% year-on-year in February.

The top five cell suppliers by LCE deployed in February 2019 were Panasonic, LG Chem, CATL, BYD and Samsung SDI, which accounted for nearly 75% of all LCE deployed in passenger EV batteries.

Source: https://www.mining-journal.com/research/news/1361510/ev-battery-nickel-use-climbs

CLIENT FEATURE: $GR.ca Great Atlantic’s Keymet Base Metal Property Proving Success Comes through Drilling $III.ca $GGX.ca $AOT.ca $MTB.ca

Posted by AGORACOM at 10:47 AM on Thursday, May 2nd, 2019
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  • Drilling occurred in northwest region of the property, 1.5 km NW of the historic Keymet Mine.
  • Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
  • Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
  • Elmtree 12 vein: Strike length of approximately 110 meters and open along strike
  • The Company’s focus since acquiring the Keymet Property is the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system.
  • At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine
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Great Atlantic Hub on Agoracom

FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

$HPQ.ca Hits Another Milestone Towards #Solar Grade #Silicon Metal Production $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 5:24 PM on Wednesday, May 1st, 2019

HPQ Silicon (HPQ:TSXV) has been quietly moving towards its major goal of becoming the world’s lowest cost and cleanest producer of solar grade silicon metal.  That sounds like a pipedream … until you consider its two technical partners, PyroGenesis Canada (a global leader in plasma torch technologies) and Apollon Solar (one of the world’s leaders in renewable energies).  These globally renown technology leaders aren’t going to lend their name to a project that isn’t capable of becoming world class.  Moreover, PyroGenesis joined the Province of Quebec to invest $5.2 million into HPQ in mid-2018.

Together, they’ve created a process that converts quarts into high purity silicon metal, with the ultimate goal of producing their own solar cells …. and they are doing it at cost leves, both CAPEX and OPEX, that are set to blow the doors off the world’s incumbent players and could position HPQ as a serious player in the solar world.  On top of that, they are all but evaporating the dirty dirty (not a typo) process of producing solar grade silicon metal that most regular people never knew about.

HPQ Silicon is about to commence pilot plant testing in mid-2019 but were able to achieve one more major milestone with their 2nd Generation testing machine.  If you love discovering solar or renewable energy companies, watch this HPQ Interview and make sure to do your due diligence at https://agoracom.com/ir/HPQ-SiliconResources