Posted by AGORACOM-JC
at 10:16 AM on Wednesday, April 10th, 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. Click Here For More Information
NBUD: CSE
—————
Cannabis Infused Food Is the Hottest Trend Currently
Three in four cooks stated that CBD- and hashish-infused meals could be a scorching development this year.
By Richard King
The FDA will not approve of this year’s
hot meals pattern. The National Restaurant Association and the American
Culinary Federation surveyed 650 skilled cooks concerning the original
culinary and restaurant ideas for 2019. Three in four cooks stated that
CBD- and hashish-infused meals could be a scorching development this
year.
Cooks’ curiosity in hashish and CBD, a
non-psychoactive compound discovered within the hashish plant, doesn’t
essentially imply that it’s coming to eating places anytime quickly.
Hashish stays unlawful on the general
degree, and solely 10 states have legalized it for leisure functions.
Some restaurateurs seeking to get in on the pattern with somewhat less
scrutiny have turned to personal supper golf equipment that supplies
menus with upscale hashish-infused dishes.
That’s true in Canada too; the place
edibles received’t are authorized till October regardless of the
nation’s 2018 legalization of marijuana.
Chef Travis Petersen travels throughout
Canada internet hosting hashish-infused dinners at Airbnb leases. To
remain comparatively underneath the radar, he advertises his dinners on
social media. A lot of his diners are “canna-curious†and barely nervous
about hashish-infused meals, so, for now, he sticks to utilizing
odorless, tasteless hashish oil.
Rich shoppers in states like Colorado
and Washington — the place the drug is authorized for leisure use – have
additionally turned to personal cooks who focus on cannabis-infused
meals, in accordance with Donna Hood Crecca, a principal at Technomic.
In the meantime, most CBD merchandise is
federally authorized after President Donald Trump signed the farm
invoice again in December. Nonetheless, the Food and Drug Administration
prohibits including CBD to meals and drinks as a result of it’s an
energetic ingredient in an FDA-authorized drug. The regulator has set
its first public hearing on legalizing CBD in food and drinks for May
31.
That hasn’t stopped some eating places
from promoting CBD-infused merchandise to reply to client demand. CBD,
brief for cannabidiol, is pitched as serving to the physique loosen up
without altering the thoughts like THC.
Tags: CBD, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – #Cannabis Infused Food Is the Hottest Trend Currently $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 9:11 AM on Wednesday, April 10th, 2019
Entered into a binding letter of intent to acquire all of the issued and outstanding equity units of mPlore, LLC, a leading mobile content delivery platform based in Texas with operations in Newport Beach, California
Clients include Microsoft, Google, Yahoo, and Ericsson
Upon completion, the accretive acquisition will add another revenue stream to GLN’s growing platform of advertising solutions.
Vancouver, British Columbia–(April 10, 2019) – Good Life Networks Inc. (TSXV: GOOD) (FSE: 4G5) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company is pleased to announce that it has entered into a binding letter of intent (the “LOI“) to acquire all of the issued and outstanding equity units (the “Units“) of mPlore, LLC (“mPlore“), a leading mobile content delivery platform based in Texas with operations in Newport Beach, California (the “Transaction“). GLN will acquire the Units for an aggregate purchase price of US$7,000,000, subject to adjustments.
The acquisition of mPlore will allow GLN to access the growing mobile
advertising segment and capitalize on mPlore’s cutting edge mobile
platforms used to deliver content, mobile apps, mobile search and
advertising solutions to consumers. Established in 2015, mPlore
currently works with tier-one mobile carriers like T-Mobile and Sprint
along with OEM (Original Equipment Manufacturer) device manufacturers
worldwide to deliver solutions to market. mPlore’s clients include
Microsoft, Google, Yahoo, and Ericsson. Upon completion, the accretive
acquisition will add another revenue stream to GLN’s growing platform of
advertising solutions.
“Following the success of our recent Net Applications R&D
project, providing on page advertising technology to consumer’s mobile
devices, we are excited to announce the acquisition of their mobile
division, mPlore,” said Jesse Dylan, CEO of GLN.
“mPlore is a leader in mobile ad technology, with a suite of innovative
products targeting mobile users. According to the IAB’s (Interactive
Advertising Bureau), Canadian Media Usage Study, 91% of adults 18-34
access the internet on their mobile device and we are thrilled to expand
our revenue opportunities into one of the fastest growing segments,
mobile advertising.
“It is predicted that the mobile ad spend will surpass all traditional media combined by 2020 (1),” stated mPlore Chairman, Pete Wilson.
“Our technology combined with GLN’s will allow us to expand and
capitalize on the exciting advertising opportunities available as more
and more consumers view content on their mobile device.”
Under the terms of the LOI, consideration for the Units will consist of the following:
US$2,850,000 in cash, payable to the Unit holders of mPlore upon closing of the Transaction;
a performance earn-out of up to US$2,100,000 in cash based on mPlore
achieving mutually agreeable benchmarks over 24 months (terms to be
disclosed upon signing the Definitive Agreement); and
a performance earn-out of up to US$2,100,000 in common share purchase warrants of the Company (“Warrants“)
payable upon mPlore achieving mutually agreeable benchmarks, over 24
months (terms to be disclosed upon signing the Definitive Agreement)
based upon the greater of (i) the 10-day volume weighted average trading
price of the Company’s common shares on the TSX Venture Exchange (the “TSXV“) immediately prior to the date of issuance; and (ii) the lowest price permitted by the policies of the TSXV.
The LOI contemplates the parties acting in good faith to finalize and enter into a definitive share purchase agreement (the “Definitive Agreement“) within one-hundred and twenty (120) days from the execution of the LOI. The LOI was negotiated at arm’s length.
The closing of the Transaction will result in the termination of a
research & development agreement entered into by GLN and Net
Applications Holdings LLC (“Net Applications“) in 2018. mPlore is the mobile division of Net Applications.
The closing of the Transaction is conditional upon the Board of
Directors and TSXV approval and the satisfaction of customary closing
conditions to be contained in the Definitive Agreement.
About mPlore
mPlore is a division of Net Applications, a leader in digital
performance solutions by enhancing impression quality and brand safety.
Established in 2015, mPlore is a mobile content delivery platform which
delivers a suite of products including, mobile search, content, mobile
data and ad delivery to its clients. mPlore allows clients to target,
display, market, deliver and monetize content and advertising to mobile
device users.
The GLN Story
GLN’s patent pending technology is the engine that sits between
advertisers and publishers. A highlight of GLN’s tech is that it does
not collect PII (Personal Identifiable Information). Built for cross
device video advertising: Mobile, In-App, Desktop and CTV (Connected
Television) the GLN Programmatic Video Advertising Platform has among
the lowest fraud rates of similar vendors in the industry. Advertisers
make more money by reaching their target audience more effectively. GLN
makes money by retaining a percentage of the advertiser’s fee.
GLN is headquartered in Vancouver, Canada with offices in Newport
Beach and Santa Monica California, New York and UK and trades on the
TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange
under the stock symbol 4G5. For further information on the Company,
visit www.glninc.ca
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:
Forward-looking statements relate to future events or future
performance and reflect the expectations or beliefs regarding future
events of management of GLN. This information and these statements,
referred to herein as “forwardâ€looking statements”, are not historical
facts, are made as of the date of this news release and include without
limitation, statements regarding discussions of future plans, estimates
and forecasts and statements as to management’s expectations and
intentions with respect to the Company’s acquisition of mPlore. These
statements generally can be identified by use of forward-looking words
such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”,
“believe” or “continue” or the negative thereof or similar variations.
These forwardâ€looking statements involve numerous risks and
uncertainties and actual results might differ materially from results
suggested in any forward-looking statements. Important factors that may
cause actual results to vary include without limitation, risks relating
to the timing of the acquisition of mPlore, successful completion of the
acquisition of the Units, execution of the Definitive Agreement, the
number of securities of GLN that may be issued in connection with the
Transaction; GLN realizing on the anticipated value of acquiring the
Units, GLN maintaining its projected growth, approval of the TSXV and
general economic conditions or conditions in the financial markets.
In making the forwardâ€looking statements in this news release,
the Company has applied several material assumptions, including without
limitation that the integration with mPlore’s technology will be
successfully completed in the time expected by management and will
generate the anticipated revenue and expand GLN’s global reach per
management’s expectations. GLN does not assume any obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements, unless and until required by applicable securities
laws. Additional information identifying risks and uncertainties is
contained in GLN’s filings with the Canadian securities regulators,
which filings are available at www.sedar.com.
Tags: adtech, CSE, digital advertising, stocks, tsx, tsx-v Posted in Good Life Networks | Comments Off on Good Life Networks $GOOD.ca Expands Reach in Mobile Advertising with a Binding Letter of Intent to Acquire #mPlore, a Leading #Mobile Ad Technology Company #Adtech $TTD $RUBI $AT.ca $TRMR $FUEL
Posted by AGORACOM-JC
at 5:13 PM on Tuesday, April 9th, 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. Click Here For More Information
NBUD: CSE
—————
Study Says Canadian Cannabis Market Could Reach $5.2B By 2024: 4 Provinces To Watch
In 2018, legal cannabis spending grew by 65 percent to $569 million.
Through legalizing adult-use cannabis, Canada created a market that covers nearly 30 million consumers.
On Oct. 17, 2018, Canada made history by becoming the first G7 country and the second country overall to legalize adult-use cannabis.
Yet the rollout of legal Canadian cannabis was fraught with shortages, a limited retail presence and poor product selection.
In 2018, legal cannabis spending grew by 65 percent to $569 million.
In the last two and a half months of 2018, adult-use sales reached
$112.5 million, falling short of estimates.
Canadian spending on medical marijuana alone in 2017 grew by 84 percent to $330 million.
In a fairly short period of time, Canada has become the home to cannabis companies like Aurora Cannabis Inc.ACB 2.38%, Canopy Growth CorpCGC 2.17%, Tilray Inc.TLRY 0.56%, Cronos Group, Inc.CRON 0.8% that have risen to become the largest cannabis companies in capitalization terms.
These firms are expanding their presence not just in Canada, but in other countries, either through exports or by establishing full-scale cultivation
and distribution operations. No matter what occurs in the Canadian
cannabis market, these companies have already established themselves as
global leaders.
Provincial Rules, Regulations Are Key
Through legalizing adult-use cannabis, Canada created a market that covers nearly 30 million consumers.
Shortages weren’t completely unexpected, given that the medical market had only included around 360,000 people.
The Canadian government allowed provinces to figure out how to deal with the legalization and consumption of cannabis.
Stricter rules in some provinces mean that overall cannabis spending
might be affected, with more consumers continuing to access the illicit
market and its lower prices.
In a new report, Arcview Market Research and BDS Analytics
project the legal cannabis market in Canada could reach $5.2 billion by
2024, with the bulk of the figure representing adult-use sales ($4.8
billion).
Arcview and BDS Analytics issued a province-by-province breakdown, to
show that not only the role the population plays in the cannabis
market’s size, but how regulations and the environment created by local
government should also be taken into account.
Four Key Provinces
Arcview and BDS identified four main provinces that they project will
dominate the market in spending in 2024: Ontario, Alberta, Quebec and
British Columbia. These provinces will account for 85 percent of the
market by 2024 versus around 82 percent in 2018, according to the
report.
While Ontario is the largest market due to its high population and
favorable business environment, Alberta is the second-largest, despite
having the lowest population of the four provinces, the research firms
said.
Quebec is the second-largest province in terms of population, but
ranks fourth in terms of market share. This figure is not only due to
regulations, but also due to very low number of consumers.
Let’s take a closer look at how the cannabis market is projected to
develop in each of these four provinces and the main factors affecting
that growth.
Ontario
Ontario is Canada’s most populous province, with 14.4 million people.
At the same time, 26 percent of the population identifies themselves as
cannabis consumers and 31 percent as acceptors, or people who would
consider consuming in the future, according to BDS Analytics’ Consumer
Insights. The Ontario cannabis market is expected to exceed $2 billion,
with adult-use consumption accounting for $1.8 billion.
The province also has some of the more permissive rules regarding
cannabis consumption. Smoking and vaping is allowed in public areas like
parks and at designated rooms at hotels, motels and inns. Other than
those provisions, public use is regulated in the same way as tobacco.
Another major factor that will help Ontario’s cannabis market growth:
changes at the retail level. The government-run Ontario Cannabis Store
is being replaced with private retailers, and officials have not set a
cap on licenses, although they estimate between 500 and 1,000 locations
will eventually open across the province.
Alberta
Alberta is Canada’s fourth-most populous province, with around 4.3
million people in 2018. Since legalization and through the end of 2018,
the province registered 28 percent of the total cannabis sales in the
country.
The province has a higher-than-average number of consumers (27 percent) and acceptors (32 percent), BDS and Arcview said.
In Alberta, adult-use cannabis is available to people above 18 years of age versus 19 years in Ontario and British Columbia.
The main factor helping Alberta’s cannabis market is the favorable
business environment. Following legalization, regulators in Alberta
quickly allowed private retailers to enter the market. Two hundred
adult-use stores are expected in Alberta, compared to an average of 50
stores in other provinces.
Quebec
Quebec is expected to represent less than 14 percent of the Canadian cannabis market in 2024.
Even though it’s the second-largest province in terms of population,
only 20 percent of residents are consumers and it is home to just 3
percent of registered medical patients. Quebec is reportedly considering
raising the legal age of consumption fro 18 to 21. Total cannabis
spending is expected to reach $704 million in 2024.
Even though its population is much smaller than Quebec’s —5 million
vs. 8.3 million — British Columbia is projected to amass 14% of total
Canadian cannabis spending in 2024, slightly more than in Quebec. Legal
sales are expected to reach $722 million by 2024.
Retail sales in British Columbia are conducted both through
province-run and private stores. Earlier this year, the British Columbia
Liquor Distribution Branch, which is the sole wholesale distributor of
non-medical cannabis, partnered with 31 large licensed producers,
including Canopy Growth, which operates the largest cannabis greenhouse
in the world in the province.
What To Keep In Mind
While provincial regulations may slow down cannabis market growth in
Canada, it’s still poised to grow at at an impressive rate, as more
products become available sometime later this year and more retailers
are allowed to set up locations across provinces.
In the meantime, the legalization of adult-use cannabis in Canada and
a regulatory system that gives some degree of leeway to provinces or
even municipalities are providing a case study to the rest of the world
to see which approaches work best at ensuring safety and quality — and
which should be avoided.
Tags: CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in All Recent Posts, North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – Study Says Canadian Cannabis Market Could Reach $5.2B By 2024: 4 Provinces To Watch $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 12:00 PM on Tuesday, April 9th, 2019
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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.
——————-
Blockchain Could Be Used By At Least 50% Of All Companies Within 3 Years, Oracle Exec Says
“My projection is that between 50%-60% of companies will use blockchain in the next few years,†said Frank Xiong, Oracle group vice president of blockchain product development at the Forbes CIO Summit in Half Moon Bay, California, Monday.
Ten years after the idea of blockchain was conceived, the technology that underpins cryptocurrencies is starting to be used by large enterprises as a secure way
to track goods. But mass utilization is still years away, and it won’t
be for every company, said a panel of blockchain executives.
“My projection is that between 50%-60% of companies will use
blockchain in the next few years,†said Frank Xiong, Oracle group vice
president of blockchain product development at the Forbes CIO Summit in Half Moon Bay, California, Monday.
The enterprise software maker has more than 100 customers using its
blockchain platform to track items for reasons such as ensuring the
Italian olive oil you’re buying was really made in Italy, or that a
manufacturer isn’t buying minerals that support armed conflicts. But
it’s not a magic bullet. “We’re past the stage that blockchain can cure
everything, so people are becoming more realistic about what’s good for
their business model,” he said.
Blockchain is a kind of shared database that allows users to share
identical copies of information on many computers. In the past few
years, it’s gone from largely supporting virtual currencies like bitcoin
to a tool used by companies to more closely and accurately track
products or private information that pass through many hands.
Despite the buzz, uptake is still early. Large technology companies
like IBM and shipping giant Maersk, and Oracle, have formed consortia
around their blockchains, and many efforts are still in the pilot stage.
Others, such as $3 billion logistics startup Flexport, say they’re waiting for global standards before they jump in.
In deciding whether to use blockchain, companies should do a pain
point assessment, two executives said. Like any venture, they should
figure out if it’s worth the cost.
“At the end of the day blockchain makes multipart collaboration more
efficient, whether it’s having a consortium to track data on counterfeit
getting into supply chains, or how much inventory you need to create a
better forecast,†said Ted Kim, vice president in blockchain at Samsung
SDS, a unit of the electronics manufacturer that provides IT services,
including a pilot projects to track cargo from Korea to Europe using
blockchain. He expects in three years, 20% of companies will be using
blockchain. “There is tangible ROI in the blockchain.â€
Yet even in a world where blockchain is much more widespread, some
aspects may resemble today’s commerce system more than blockchain’s
evangelists forecast.
“People are predicting that the blockchain will allow people to be
decentralized, that everyone will have distributed trusted networks,”
said Daniel Jones, CEO of bext360, a software startup that keeps track of commodities
by identifying and making an electronic token. “I don’t think that’s
possible —I think what we’re going to see is companies vertically
integrating, the Amazons of the world are going to continue to
vertically integrate to the farm level.”
From left: Laura Mandaro, Forbes Media, Jones, Bext360 Ted Kim,
Samsung SDS America Frank Xiong, Oracle, CIO Summit 2019 Forbes Media
Posted by AGORACOM-JC
at 10:55 AM on Tuesday, April 9th, 2019
Announced today that its DROSRITE™ System has been validated by a world leading primary aluminum smelter as part of the process towards adopting the technology for use
After a preliminary due diligence of a system in operation at one of PyroGenesis’ client’s facility, a process analysis was performed to validate its viability.
MONTREAL, April 09, 2019 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a TSX Venture 50® high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch  products, announced today that its DROSRITE™ System has been validated by a world leading primary aluminum smelter (the “Smelterâ€) as part of the process towards adopting the technology for use. After a preliminary due diligence of a system in operation at one of PyroGenesis’ client’s facility, a process analysis was performed to validate its viability.
PyroGenesis’ DROSRITE™ system is a proven, salt-free, cost-effective, sustainable process for maximizing metal recovery from dross, a waste generated in the metallurgical industry. PyroGenesis’ patented process avoids costly loss of metal, while reducing a smelter’s carbon footprint and energy consumption, thus providing a high return on investment. The system has been designed to process and recover valuable metals such as aluminum, zinc and copper from dross. PyroGenesis sells DROSRITE™ systems, and provides tolling services worldwide. A tolling service arrangement is one in which a smelter provides dross to a third party to be processed for a fee either on or off site.
PROCESS VALIDATION BY A WORLD LEADING PRIMARY ALUMINUM SMELTER
“The Smelter is one of the most well respected and competitive
primary aluminum smelters in the world to which other smelters in the
industry look to for guidance. This report is the most significant
development since receiving the first DROSRITE™ sale,†said Mr. David
D’Aoust, Sales Manager – DROSRITE™ of PyroGenesis. “The report
effectively confirms the capabilities of the DROSRITE™ system which we
have been advertising and, in part, mitigates the normal concerns a new
technology has when penetrating a marketplace.â€
“This is a very important development for PyroGenesis’ DROSRITE™
system as it is timely in that our business development team and
Japanese partner continue to advance DROSRITE™ opportunities with some
of the largest primary aluminum smelters around the world,†commented
Mr. P. Peter Pascali, President and CEO of PyroGenesis. “Seen as a
leader amongst leaders, this Smelter is looked upon as an example to
follow within the industry. The Smelter continuously demonstrates its
commitment to be more sustainable and responsible in its own operations
and DROSRITE™, being a salt-free and environmentally-friendly process,
integrates itself well with the Smelter’s environmental objectives.â€
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a TSX Venture 50® high-tech company, is the
world leader in the design, development, manufacture and
commercialization of advanced plasma processes and products. We provide
engineering and manufacturing expertise, cutting-edge contract research,
as well as turnkey process equipment packages to the defense,
metallurgical, mining, advanced materials (including 3D printing), oil
& gas, and environmental industries. With a team of experienced
engineers, scientists and technicians working out of our Montreal office
and our 3,800 m2 manufacturing facility, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. Our core competencies allow
PyroGenesis to lead the way in providing innovative plasma torches,
plasma waste processes, high-temperature metallurgical processes, and
engineering services to the global marketplace. Our operations are ISO
9001:2015 certified, and have been since 1997. PyroGenesis is a
publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker
Symbol: PYR) and on the OTCQB Marketplace. For more information, please
visit www.pyrogenesis.com
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward- looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Corporation’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Corporation with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Corporation’s ongoing filings with the securities regulatory
authorities, which filings can be found atwww.sedar.com, or at www.otcmarkets.com. Actual
results, events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Corporation undertakes no obligation to publicly update
or revise any forward- looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Neither the TSX Venture Exchange, its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) nor the OTCQB accepts responsibility for the
adequacy or accuracy of this press release.
Posted by AGORACOM
at 10:54 AM on Tuesday, April 9th, 2019
American Creek has operated in the Golden Triangle region for 15 years and has three noteworthy projects.
Ken Konkin (former head geologist for Pretivm and instrumental in the discovery and development of the Brucejack / VOK mine) now heading our JV partner Tudor Gold’s geological team to develop Treaty Creek.
The geology, geophysics and structure are showing potential for similar scale to the rest of the Sulphurets Hydrothermal System, and the drilling to date is confirming
The string of porphyry related deposits running through the Sulphurets Hydrothermal system have stronger gold equivalent grades the further north you go. The Goldstorm deposit on Treaty Creek property is richer in gold and total gold equivalent than the KSM deposits further to the south
Treaty Creek is “on the right side of the hill” where there is direct access to highway 37 and the high-power transmission line making logistics markedly better than for deposits further south.
The Treaty Creek JV property has a fully carried interest to production
Posted by AGORACOM
at 10:40 AM on Tuesday, April 9th, 2019
Vertically integrated graphite to graphene advanced materials development company
Gratomic submitted its application for Mining License 215 (M L215).
The License area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares
The mining license was the last step required for the company to go into full production.
The license submission is timed strategically with the construction of Gratomic’s onsite processing plant located at the Aukam Graphite Mine in Namibia and in conjunction with the recently announced long-term Graphene supply agreement with Vittoria Tires and Gratomic’s partner Perpetuus Advanced Materials.
About Gratomic Inc.
Gratomic is an advanced material company focused on mine to market
commercialization of graphite products, most notably high-value
graphene-based components for a range of mass market products.
Posted by AGORACOM-JC
at 9:32 AM on Tuesday, April 9th, 2019
Producers of major esports events in Canada including Dreamhack, GOML, Cineplex, CNE, WESG (EGLX)
Partners with major brands and sponsors including Ubisoft, NXNE, AMD, CSL
Strategic partnership expands
Enthusiast’s client services to include experiential advertising,
esports tournaments, and broadcast and production capabilities
TORONTO, April 09, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF) (“Enthusiast†or the “Companyâ€) is pleased to announce that it has, through a wholly-owned subsidiary, signed a definitive agreement to purchase 20% of the issued and outstanding shares (“Purchased Sharesâ€) in Waveform Entertainment Inc. (“Waveformâ€) for an aggregate consideration of $1,680,000 (the “Subscription Priceâ€). Waveform is a leading esports broadcast and production company specializing in the organization of premium esports tournaments world-wide. Enthusiast has also secured an irrevocable option, at its sole discretion, to acquire a 100% interest in Waveform. (the “Buy-Out Optionâ€).
While Waveform was established in 2018, its team has been on the
leading edge of esports event production and broadcast for several
years, servicing some of the world’s most prestigious esports
tournaments and events including Dreamhack, Cineplex WorldGaming, and
Enthusiast owned, EGLX.
“Investing in Waveform will contribute greatly to the expansion
of EGLX and our events business. Waveform’s infrastructure and expertise
are key for the roll out of the Rising Star Series and upcoming esports
tournaments at EGLX in the future,†commented Menashe Kestenbaum, CEO of Enthusiast. “We
were very impressed by the organization of our esports tournaments at
EGLX in October 2018 and we see significant growth potential as esports
continue to soar.â€
Waveform was responsible for the broadcast, production and execution
of Canada’s largest esports tournament, WESG Canadian Finals at EGLX in
October 2018. Enthusiast will continue to partner with Waveform as EGLX
executes on its North American expansion plan and introduces the Rising
Stars Series this summer. Waveform will provide the infrastructure,
broadcast and event support to drive the expansion and continued growth
of EGLX in 2020.
As esports continues to grow with $1.1bn in projected revenues in
2019,(1) large brands are entering the industry by sponsoring esports
teams and championing their own activations. Waveform has partnered
with major brands including Evil Geniuses, Virtus Pro, Ubisoft, AMD,
Asus, Team Liquid and more. The investment into Waveform will help
Enthusiast’s mission to reach gamers both online and offline. The
Company will provide digital advertising and experiential marketing
opportunities to major brands and publishers, increasing visibility and
event attendance. The partnership enables Enthusiast’s event business
to increase its client services portfolio to include event production,
broadcast, streaming services and creative experiential brand
ambassadorship programs. In turn, the partnership also allows
Enthusiast’s platform to promote Waveform’s business and portfolio of
large brands and help them drive new partnerships moving forward.
Terms of Transaction
The Purchased Shares will be purchased pursuant to the terms of a share subscription agreement (the “Agreementâ€),
among Waveform and a wholly owned subsidiary of Enthusiast created for
the purpose of the transaction. Pursuant to the Agreement, Enthusiast
agreed to purchase the Purchased Shares in three tranches: (i) on April
4, 2019, Enthusiast purchased 40.5% of the Purchased Shares for a
portion of the Subscription Price, being $680,000.00; (ii) Enthusiast
agreed to purchase, on or before (as decided by Enthusiast) October 4,
2019, 29.75% of the Purchased Shares for a portion of the Subscription
Price, being $500,000.00; and (iii) Enthusiast agreed to purchase, on or
before (as decided by Enthusiast) June 3, 2020, 29.75% of the Purchased
Shares for a portion of the Subscription Price, being $500,000.00. On
the date Waveform and Enthusiast entered into the Agreement, they also
entered into a Shareholders’ Agreement for Waveform (the “Shareholders’ Agreementâ€).
The aggregate purchase price for all Waveform’s shares, if the Buy-Out
Option is exercised by Enthusiast shall be equal to the greater of: (i)
four (4) times Waveform’s gross revenue (as defined in the Shareholders’
Agreement), multiplied by eighty percent (80%); or (ii) $7,680,000 (the
“Option Purchase Priceâ€). The Option Purchase Price will be subject to agreed adjustments.
The purchase of the Purchased Shares on the two remaining tranches,
as well as the exercise of the Buy-Out Option (if exercised by
Enthusiast) are subject to obtainment of all applicable regulatory
approvals (including by the TSX Venture Exchange).
Founded in 2014, Enthusiast is the fastest-growing online community
of video gamers. Through the Company’s unique acquisition strategy, it
has a platform of over 80 owned and affiliated websites and currently
reaches over 75 million monthly visitors with its unique and curated
content and over 50 million YouTube visitors. Enthusiast also owns and
operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo,
EGLX, (eglx.ca) with over 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
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.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Tags: CSE, EA sports, egaming, esports, Fortnite, LOL, stocks, tsx, tsx-v Posted in All Recent Posts, Featured | Comments Off on Enthusiast Gaming $EGLX.ca Acquires Significant Interest in Waveform Entertainment, a Leading Esports Operator and Tournament Producer $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca
Posted by AGORACOM-JC
at 9:21 AM on Tuesday, April 9th, 2019
Filed with Health Canada for approval for the over-the-counter sales and marketing of their GEMS™ Mobile smartphone app and their newest handheld, heart rhythm monitor, the HeartCheck™ CardiBeat.
Both were cleared by the Food and Drug Administration in early 2019 and are available for sale direct to consumers in the US.
Bluetooth Connected HeartCheck CardiBeat and GEMS Mobile Smartphone App to Target Underserviced Canadian Home and Telemedicine Arrhythmia Monitoring Markets
Toronto, Ontario–(April 9, 2019) – CardioComm Solutions, Inc.(TSXV: EKG) (“CardioComm” or the “Company“), a global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, has filed with Health Canada for approval for the over-the-counter (“OTC“) sales and marketing of their GEMS™ Mobile smartphone app and their newest handheld, heart rhythm monitor, the HeartCheck™ CardiBeat. Both were cleared by the Food and Drug Administration (“FDA“) in early 2019 and are available for sale direct to consumers in the US.
The Bluetooth enabled and rechargeable CardiBeat allows a medical
grade ECG recording to be taken by holding the device in both hands or
by holding the device in the right hand and against the left side of the
chest. The GEMS™ Mobile smartphone app is a slimmed down version of the
Company’s hospital-based Global ECG Management System (“GEMS™”) software, which is separately cleared by Health Canada and licensed by 19 Canadian Hospitals.
GEMS™ Mobile manages ECGs recorded by HeartCheck™ devices and
provides near-real-time feedback through the generation of an ECG report
which can be shared with a physician. For those looking for feedback on
their ECGs, GEMS™ Mobile provides access to CardioComm’s SMART
Monitoring ECG reading service for a professional review for the
presence of a number of potential arrhythmias in under an hour. ECGs can
also be connected directly to the GEMS™ WIN software allowing patients
to be monitored directly by hospitals and healthcare professionals.
Unlike the US market, availability of personal ECG monitoring devices
in Canada is limited due to ISO 13485 requirements that went into
effect in 2019. Companies intending to sell medical devices into Canada
must hold ISO 13485 certification in compliance with a more demanding
Medical Device Single Audit Program (“MDSAP“).
CardioComm completed its MDSAP certification in 2018 thereby solidifying
the Company’s abilities to produce and sell its GEMS™ software and act
as a preferred importer, distributor and reseller of hospital and
consumer ECG medical devices.
GEMS™ Mobile is available on Apple’s App Store and on Google Play and is free with the purchase of a HeartCheck™ ECG device.
CardioComm Solutions’ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485 certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).
This release may contain certain forward-looking statements and
forward-looking information with respect to the financial condition,
results of operations and business of CardioComm Solutions and certain
of the plans and objectives of CardioComm Solutions with respect to
these items. Such statements and information reflect management’s
current beliefs and are based on information currently available to
management. By their nature, forward-looking statements and
forward-looking information involve risk and uncertainty because they
relate to events and depend on circumstances that will occur in the
future and there are many factors that could cause actual results and
developments to differ materially from those expressed or implied by
these forward-looking statements and forward-looking information.
In evaluating these statements, readers should not place undue
reliance on forward-looking statements and forward-looking information.
The Company does not assume any obligation to update the forward-looking
statements and forward-looking information contained in this release
other than as required by applicable laws, including without limitation,
Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).
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.
Tags: EKG, mhealth, small cap stocks, stocks, tsx, tsx-v Posted in CardioComm Solutions | Comments Off on CardioComm Solutions $EKG.ca Files with Health Canada for Direct to Consumer Sales Approval of the Heartcheck(TM) Cardibeat Handheld ECG Device $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca
