Agoracom Blog

Bougainville Ventures $BOG.ca Provides Corporate Update $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 1:50 PM on Wednesday, April 10th, 2019
  • Announced that further to the letter of intent entered into a funding and profit sharing agreement with Worm Castings Farms Inc.,
  • Continuing to work with Worm Castings regarding its Hemp assets and is close to finalizing the Definitive Agreement with the principals of Worm Castings

VANCOUVER, British Columbia, April 10, 2019 – BOUGAINVILLE VENTURES INC. (CSE: BOG) (8BVFF:Frankfurt Stock Exchange) (the “Company“) would like to announce that further to the letter of intent (“LOI”) entered into a funding and profit sharing agreement with Worm Castings Farms Inc., (“Worm Castings”), announced October 29, 2018, the Company is continuing to work with Worm Castings regarding its Hemp assets and is close to finalizing the Definitive Agreement with the principals of Worm Castings. Worm Castings is the sole owner of an Oregon State Hemp production and processing license, issued by the Oregon State Regulatory approval board. Upon finalization of the transaction Worm Castings will be considering a name change from Worm Castings Farms Inc., to a name that better reflects its Hemp production and CBD processing objectives. In addition,Worm Castings is exploring other Hemp and CBD production and processing related opportunities.

President & CEO, Andy Jagpal Comments:  

“The Farm Bill, which went into effect on January 1, 2019, is a monumental step for the hemp industry, and is a historic event which will create a tremendous amount of opportunities for Hemp farmers, like Worm Castings, whose goal is to produce a Cannabidiol (CBD) product used to treat various ailments and improve wellbeing.“

The Company would also like to announce that, in the name of transparency, until the company is profitable management salaries will be capped at $5,000 per month for each of the two operating directors on an accrued basis. In addition, there is a stock option plan for management and administration which will be 1,950,000 shares with a strike price of 25 cents.

Bougainville’s issued and outstanding share figure on the CSE profile has been updated to 58,625,424 to reflect the changes announced in the news release disseminated April 8, 2019 in which 18,125,000 shares were cancelled. The company has issued 577,883 common shares and 492,883 common share warrants as securities for debt owed to consultants.

About Bougainville Ventures, Inc.  Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost.

For more information please visit: http://bougainvilleinc.com/

On behalf of the Board of Directors 
BOUGAINVILLE VENTURES INC.

Andy Jagpal, CEO and Director

For further information, please contact Andy Jagpal at [email protected] or 1-844-734-8420

Client Feature: GGX Discovers Tellerium at GoldDrop along with 2018’s Highest Grade Drill Intercepts in the World over the 2018 Drill Season $GGX.ca $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca

Posted by AGORACOM at 1:44 PM on Wednesday, April 10th, 2019
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Fortis Metals, the world’s leading producer of minor metals, recently forecast a tellurium supply deficit that, “as of 2020 could be as big as a staggering 370 metric tonnes.”

Noting the rapidly-growing use of tellurium for thin-film solar panels, Fortis stated:

            “At the moment, we are still seeing (tellurium) inventories in China but these are being eaten away by the two main suppliers of First Solar (the world’s largest thin-film solar manufacturer). It is only a matter of time before the market will understand the new dynamics and prices will start to reflect the growing deficit. We would not be surprised to see prices break the previous record seen in  2011.”

GGX has produced some of the highest grade drill intercepts in the world over the 2018 drill season, which compliment High Grade Gold intercepts of:

  • COD18-67: 129 g/t gold, 1,154 g/t silver and 823 g/t tellurium over 7.28-metre core length;
  • COD18-70: 107 g/t gold, 880 g/t silver and 640 g/t tellurium over 6.90-metre core length.
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FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp

CLIENT FEATURE: Great Atlantic’s Golden Promise in Canada’s Newest Emerging Gold District $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM at 12:28 PM on Wednesday, April 10th, 2019
  • Golden Promise located in the Victoria Lake Supergroup, with over 130 VMS deposits and occurrences, including 30 significant deposits and prospects.
  • Golden Promise neighbors Marathon Golds 4.2m gold resource
  • Drilling has focused on small area called Jaclyn Main Zone where multiple quartz veins comprise the 100,000 ounce resource
  • Jaclyn Main quartz vein system is open ended with a strike dimension of 975m and open vertical depth extension of 400m

Great Atlantic Hub on Agoracom

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

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 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

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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.

Source: https://foodindustryupdates.com/2019/04/08/271/cannabis-infused-food-is-the-hottest-trend-currently/

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 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:

  1. US$2,850,000 in cash, payable to the Unit holders of mPlore upon closing of the Transaction;
  2. 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
  3. 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

(1)https://www.emarketer.com/content/mobile-ad-spending-to-surpass-all-traditional-media-combined-by-2020

CONTACT

Investor Relations
[email protected]

Jesse Dylan, CEO
604 265 7511

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 “forward‐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 forward‐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 forward‐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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43993

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 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

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Study Says Canadian Cannabis Market Could Reach $5.2B By 2024: 4 Provinces To Watch


Alex Oleinic , Benzinga Staff Writer  


  • 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 Corp CGC 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.

Quebec has stricter distribution regulations. Retail is conducted through Société Québécoise du cannabis, which initially opened just 12 stores and doesn’t conduct any advertising. To deal with shortages, SQDC limited the days of operation to Thursday through Saturday, although online sales remain open at all times.

British Columbia

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.

Source: https://www.benzinga.com/markets/cannabis/19/04/13504767/study-says-canadian-cannabis-market-could-reach-5-2b-by-2024-4-provinces-to-watch

ThreeD Capital Inc. $IDK.ca – #Blockchain Could Be Used By At Least 50% Of All Companies Within 3 Years, Oracle $ORCL Exec Says $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 12:00 PM on Tuesday, April 9th, 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 large
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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.

Monica Melton

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.”

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

Source: https://www.forbes.com/sites/monicamelton/2019/04/09/blockchain-could-be-used-by-at-least-50-of-all-companies-within-3-years-oracle-exec-says/#4468f55355cf

PyroGenesis’ $PYR.ca DROSRITE™ System Independently Validated by A World Leading Primary Aluminum Smelter $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

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 “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.

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.”

ACCELERATING DROSRITE™ SYSTEM’S MARKET PENETRATION

“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.”

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 at www.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.

SOURCE PyroGenesis Canada Inc.

For further information please contact: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]  

RELATED LINKS: http://www.pyrogenesis.com/

Client Feature: $AMK.ca American Creek in Middle of Emerging Golden Triangle Gold Rush $SEA $SA $SKE.ca $TUD.ca $PVG $MRO.ca

Posted by AGORACOM at 10:54 AM on Tuesday, April 9th, 2019
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  • 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
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Hub On AGORACOM

FULL DISCLOSURE: American Creek Resources is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: $GRAT Gratomic Submits Mining License: Able to Start Aukam Graphite Mine at Full Capacity $DNI.ca $LLG.ca $ECO.ca

Posted by AGORACOM at 10:40 AM on Tuesday, April 9th, 2019
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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.
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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.