Agoracom Blog

St-Georges Eco-Mining Corp. $SX.ca Update on #Lithium Extraction Technology Provisional Patent

Posted by AGORACOM-JC at 11:52 AM on Wednesday, January 30th, 2019

Update on Lithium Extraction Technology Provisional Patent

  • In the Company last press release, the text regarding the provisional patent filed under the name ‘Method of Mineral Recovery’ was incomplete as it omitted important elements of the innovation claim contained in St-Georges provisional filing.
  • The portion of the text related to lithium extraction technology refers solely to the prior art on which the St-Georges innovation and new patent evolves from.
  • It covers a portion of stage 1, the concentration phase, and is being improved upon.

Montreal, Quebec / January 30, 2019 St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) would like to provide important information in regards to the provisional patent filing mention in its January 20, 2019 press release and pertaining to its lithium extraction technology initiatives.

In the Company last press release, the text regarding the provisional patent filed under the name ‘Method of Mineral Recovery’ was incomplete as it omitted important elements of the innovation claim contained in St-Georges provisional filing.

The portion of the text related to lithium extraction technology refers solely to the prior art on which the St-Georges innovation and new patent evolves from. It covers a portion of stage 1, the concentration phase, and is being improved upon.

This prior art comes from United States Patent 4098687, Published 07/04/1978 and titled ‘Beneficiation of lithium ores by froth flotation’. This patent is now in the public domain.

(…), the lithium values fraction of lithium-containing ores is floated from gangue slimes, preferably without the use of a desliming step, by a froth flotation process wherein an aqueous pulp of the ore is treated with a conditioning reagent which improves the selectivity of anionic collectors to spodumene and other lithium values. … The conditioning reagent is added to and thoroughly mixed with the ore pulp before the pulp is subjected to conventional froth flotation in the presence of an anionic collector as the flotation agent (…)” (Extracts of the historical patent)

Although there are important differences in our approach, mainly by initially reducing the amount of material to be froth floated by 55% by adding a prior concentration step using a method of air classification and the fact that we are using this similar approach to treat clays and fines, it is important to point out that the concentration is not our innovation core claim.

The Provisional Patent Innovation Claim

The keys to the invention are using water saturated with silicate salts or other similar substitutes with reagents that make the lithium be attracted to air for successful flotation. Clay materials that are superfine generally do not concentrate well in water. The combination of nitric acid leach with a controlled dosage of citric acid with saturated salt solution for froth flotation has not been done together previously.

St-Georges has been working on low-grade ores in super fines form. These resources are often as difficult to leach as traditional hard rock resources. In the development, the R&D is being carried on two fronts: concentrating with improvements on prior art and leaching with our research team to avoid high-temperature and high-pressure vessels and eliminating the need to roast or calcine the material in order to reduce costs.

The provisional patent filed cover prior art to concentrate low-grade lithium resources with St-Georges technology to leach without pressure or high-temperature and avoid leaching materials that traditionally leach easily with H2SO4 and HCl that enter the circuit as impurities. This selective leaching process allows the reduction of waste materials and neutralization efforts.

Our team has been testing our selective leaching on a number of traditional hard rock crystalline forms of lithium and has successfully leached spodumene and leopodolite without the use of high-temperature and pressure and not requiring roasting and calcining.

The company already reported results of successful selective leaching that has helped to reduce the total weight leached to approximately 12% of the total initial weight. In the second stage of the process, prior art to concentrate lithium in slims and clays is being applied with the selective leaching. St-Georges expects to combine prior art with the innovation in leaching currently being further improved to unlock the lithium content of various conventional and alternative lithium-bearing material.

More material from various origins will be tested in the coming months. So far the selective leach is working on all lithium resources tested.

Timely release of information

St-Georges management has the difficult task to protect the knowledge acquired by its on-going R&D initiatives prior to the grant of formal patents while it also has the obligation to inform its shareholders on the progress of these initiatives while protecting their collective investment in the intellectual property to be generated.

The nature of provisional patent filing allows for amendments as further testing and fine tuning is done and generates positive results while keeping the information protected from third parties. St-Georges’ metallurgists are planning to further amend the provisional filings when significant improvement on the core innovation becomes material. The challenge to maintain the right balance between a maximum disclosure of information and the protection of the intellectual property generated is bound to create a situation where an internal censorship process get in the way of efficient information.

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare”

ENRICO DI CESARE, DIRECTOR & VP RESEARCH & DEVELOPMENT

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Enthusiast Gaming $EGLX.ca – Understanding the rapid growth of the esports industry $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 10:30 AM on Wednesday, January 30th, 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 has year to date revenue of $7.4 million representing a 625% increase over the same period in 2017.

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EGLX: TSX-V
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Understanding the rapid growth of the esports industry

From the rise of social media giants like Facebook to multinational e-commerce sites like Amazon, the digital revolution has helped create many overnight success stories.

  • A recent report by Newzoo stated that the esports industry is expected to be worth at least $1.7 billion by 2021, and seeing as the competitive gaming phenomenon has been with us for less than 20 years, it’s clear that there’s plenty of room for even more growth.

But one of the more surprising developments that rose with broadband technologies is that of esports. This competitive gaming phenomenon has come from nowhere to become one of the world’s most exciting entertainment trends. A recent report by Newzoo stated that the esports industry is expected to be worth at least $1.7 billion by 2021, and seeing as the competitive gaming phenomenon has been with us for less than 20 years, it’s clear that there’s plenty of room for even more growth.

But what is esports and how has it grown to become a billion dollar industry? Simply put, esports is just like traditional sports, but its competitors play video games rather than sports like football or tennis.

What’s truly surprising is the way that esports has grown to become a spectator sport. Whilst it might sound odd to want to watch other people playing video games, millions of people tune in live to watch other gamers playing popular esports like the first-person shooter Counter Strike Global Offensive or the battle arena title, League of Legends.

A key part of the appeal of esports is that it caters to a demand for competitive gaming that was always there, but never got chance to reach its potential. Whilst competitive gaming tournaments have been around for many years, it was only through the introduction of broadband technologies that gamers were able to compete with other gamers no matter where in the world they were. As a result, we have seen an explosion in competitive gaming that crosses borders to become a truly global phenomenon.

Some of the world’s leading games developers were quick to notice this trend, and there have been moves made to create gaming titles that appear to be specifically designed with esports in mind. For example, Blizzard Entertainment’s Overwatch game has become a massive hit in esports in just a couple of years.

By cleverly blending elements from first-person shooters and battle arena games, Overwatch has become one of the more dynamic team-based esports titles around that makes it perfect for achieving massive viewing figures.

We have also seen the growing standardisation of rules and gameplay in the esports realm. Whilst competitive gaming was fairly chaotic in its infancy, it looks to be gradually maturing with professionally organised tournaments like the Overwatch League ensuring that a fixed number of teams and players take part.

Such measures not only help to produce fair gameplay and accurate statistics that makes it easy to place a bet on an esports contest through a site like www.liveesportsbetting.com, but it also opens up competitive gaming to a range of big money sponsors.

In the past decade there has been many multinational firms taking steps to sponsor esports tournaments, teams and players. From energy drinks manufacturers like Red Bull to famous automobile brands like Audi, it seems that many companies are keen to partner up with esports so as to reach a younger demographic who increasingly bypass traditional media forms.

In addition to this, the fact that McDonalds would give up their sponsorship of the German football association to sponsor the German ESL Meisterschaft esports tournament tells you all you need to know about how quickly things are changing. 

Like in any rapidly growing industry, it’s the dynamic nature of esports that makes it so attractive to investors and sponsors. Overnight success stories such as Fortnite can appear from nowhere, and similarly, we have seen how famous esports players like Ninja can offer brands a fresh new face that is perfect for sponsorship deals that don’t follow the traditional archetype. So whilst it’s easy to be sceptical about the rapid developments in the esports realm, it seems as though the competitive gaming phenomenon is here to stay.

Source: https://www.bmmagazine.co.uk/business/understanding-the-rapid-growth-of-the-esports-industry

North Bud Farms Inc. $NBUD.ca – As marijuana firms flourish, Canadian exchange will hold lottery for the stock ticker POT $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 9:55 AM on Wednesday, January 30th, 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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As marijuana firms flourish, Canadian exchange will hold lottery for the stock ticker POT

Pot

POT, previously the ticker for Potash Corp. of Saskatchewan before it merged with Agrium to form Nutrien, becomes available for use Feb. 1, 2019. (Richard Vogel/AP) Kristine OwramBloomberg NewsPrivacy Policy

The stock symbol POT is up for grabs on Canadian exchanges, and demand is so high that a lottery is being held for the first time ever to determine who gets it.

POT, previously the ticker for Potash Corp. of Saskatchewan before it merged with Agrium to form Nutrien, becomes available for use Friday. Not surprisingly, the cannabis-themed symbol has attracted “significant interest,” according to a staff notice published by the Toronto Stock Exchange.

Applications from companies are due by 5 p.m. Tuesday in Toronto, and a random lottery will be held Wednesday to determine the winner. TMX Group spokeswoman Catherine Kee declined to comment on how many applications it’s gotten, or how many of the interested companies are related to the fast-growing cannabis sector.

Canada now world's largest legal marijuana marketplace

POT isn’t the only marijuana-themed ticker symbol out there. Canopy Growth Corp., the world’s biggest cannabis company by market value, trades under the symbol WEED in Canada and the ETFMG Alternative Harvest exchange-traded fund uses the symbol MJ, short for Mary Jane. Other creative symbols used by cannabis firms include TGIF, which belongs to 1933 Industries Inc., and FSD Pharma’s HUGE.

The POT lottery is open to companies listed on any Canadian exchange, including the TSX, TSX Venture Exchange, Canadian Securities Exchange and Aequitas NEO Exchange. Exchange-traded funds and issuers without an active operating business aren’t eligible to participate.

With assistance from Bloomberg’s Brad Olesen.

Follow @ChiTribBusiness on Facebook and @ChiTribBiz on Twitter.

Source: https://www.chicagotribune.com/business/ct-biz-marijuana-stock-ticker-pot-20190129-story.html

BetterU Education Corp. $BTRU.ca – Digital education ought to get a solid push this year: Vikas Singh, MD, Pearson India on Budget 2019 #Edtech

Posted by AGORACOM-JC at 9:30 AM on Wednesday, January 30th, 2019
SPONSOR:  Betteru Education Corp. Connecting global leading educators to the mass population of India. BetterU Education has ability to reach 100 MILLION potential learners each week. Click here for more information.
BTRU: TSX-V

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Digital education ought to get a solid push this year: Vikas Singh, MD, Pearson India on Budget 2019

  • “Thanks to high internet penetration in the last two years, not just in the urban landscape but also in rural areas, digital technologies are gaining popularity across sectors,” says Vikas Singh

Vikas Singh

Recognising the potential of Micro, Small and Medium Enterprises (MSMEs) as significant employment generators, Finance Minister Arun Jaitley recently called the MSME sector the ‘backbone of the economy’. In the sixth interim budget 2018-19 in February, the Government is expected to announce some incentives for MSMEs that in turn would boost job creation further. With both foreign and domestic investors in the ‘Make in India’ programme, the MSME sector can create a new business ecosystem, contributing to employment generation and overall GDP growth.

In order to have a global edge, the present and future workforce need to adopt an international outlook and acquire new skills to drive innovation. Therefore, imparting the right skill set is the need of the hour to create a future-ready workforce that would take on new responsibilities with confidence. Moreover, with the current government reiterating its commitment to boosting job creation with a large focus on MSMEs, increased investment in the e-learning sector will be the right way forward.

Thanks to high internet penetration in the last two years, not just in the urban landscape but also in rural areas, digital technologies are gaining popularity across multiple sectors. Therefore, it makes it even more crucial for the education sector to reap the benefits of this ongoing digital transformation. Online learning is fast gaining the status of being a ‘global phenomenon’. As online learning garners wider global outreach, the potential to leverage it to expand access to education — particularly in a developing country like ours — continues to grow. Investment in e-learning currently is key to strengthening the learning ecosystem in India.

With affordable data plans, cheaper mobile devices and focus on new technologies like 5G, this trend is expected to rise significantly. With the overwhelming use of internet nationwide, it is clear that digital learning can deliver education solutions in a friendly, cost-effective and convenient manner, including learning content in the vernacular. Studies show that re-skilling and online certification are currently drawing the maximum traction within the online education ambit.

Source:https://www.edexlive.com/news/2019/jan/30/digital-education-ought-to-get-a-solid-push-this-year-vikas-singh-md-pearson-india-on-budget-2019-5183.html

#RosettaStone, #HubSpot Academy, #FutureLearn, #Simplilearn and more join betterU’s education $BTRU.ca platform to support Education for All

Posted by AGORACOM-JC at 8:31 AM on Wednesday, January 30th, 2019
  • betterU is pleased to be joined most recently by some of the world’s most recognized educators such as:
  • Rosetta Stone, a global language learning leader with innovative digital solutions;
  • HubSpot Academy, the learning arm of HubSpot Inc. and global leader in inbound marketing and sales education;
  • FutureLearn, Europe’s largest online learning platform with partnerships with over a quarter of the world’s top universities;  and
  • Simplilearn, a world leader in accredited professional certification training in 150+ countries.

OTTAWA, Jan. 30, 2019 – betterU Education Corp. (the “Company” or “betterU”) is pleased to provide an update on the Company’s global partnership growth.

Over the last several years, betterU has been focused on the development of the Company’s global business and operational pillars required to build the foundation that support Education for All through a single education-to-employment ecosystem. The scope of betterU’s vision is to address global complexities facing education and create a system that overcomes barriers such as exclusiveness, poverty, gender inequality, affordability, conflict, caste systems, and technology limitations while striving towards the goal of open access to education in all its forms across entire nations. â€œWe believe it is only through strong partnerships and collaboration that the barriers to education can be overcome. The quality and diverse education of many creates an opportunity that no other platform will be able deliver. We are proud to be partnering with so many organizations who share this same belief,” said Kate O’Neil, Director of Partnerships at betterU.

Snapshot of betterU’s Model

betterU is pleased to be joined most recently by some of the world’s most recognized educators such as: Rosetta Stone, a global language learning leader with innovative digital solutions; HubSpot Academy, the learning arm of HubSpot Inc. and global leader in inbound marketing and sales education; FutureLearn, Europe’s largest online learning platform with partnerships with over a quarter of the world’s top universities;  and Simplilearn, a world leader in accredited professional certification training in 150+ countries.

By the end of 2016 betterU was able to offer just 235 courses through our global partnerships, by 2017 close to 12,000, by 2018 close to 30,000 and today the company is closing in on nearly 52,000 courses offered through our global partners. Over the years our partnership base has grown to include many prestigious organizations such as:  Acadgild, Adobe, Aspiring Minds, Babbel, BSE Varsity, ByDegrees, Career Academy, CareerCo, Carleton University, Global Academy, CoachTube, Digital Vidya, Ed4Training, Ed4Career, Ed4Credit, EdCast, eduCBA, Eduonix, Edureka, edX, Eliquo, Expert Rating, Finsafe, Fullbridge, FutureLearn, Genext, GetcertGo, GlobalExam, GoSkills , Henry Harvin, Hope Research & Practice Institute, HubSpot Academy, IACT Global, ICI Distance Learning, ICICI Direct Center for Financial Learning, IELTS Online, ISEL Global, Intern Theory, IL&FS (Englishbolo & Geneo), Imarticus, Imurgence, Internshala, John Academy, LabInApp, LawSkills, Meritnation, Open Colleges, Paddle, Playablo, Pluralsight, Pointsbuild, PTT, Rosetta Stone, Simplilearn, Simpliv, SKILLDOM, Skillshare, Skillsoft, Sound Basics, Stone River E-Learning, Swift Elearning, TCYonline, Technology Ed, Topper Learning, Toppr, TrakInvest, Transneuron/iTrack, Udemy, VuBiz, Wall Street Prep, Whizlabs, WIISE, Wintellect with many more in the pipeline.

The distribution of content across betterU’s platform continues to advance as their global team focuses on areas that are required to support the learning spectrum.

To drive significant revenue opportunities for a business model such as betterU, the Company has had to put in place a foundation that can support mass education and solve for the significant barriers preventing access.  The only way to be able to successfully educate and skill mass populations such as India, while meeting the individual learning needs, is to have enough partnerships providing quality and diverse educational content incorporated into one platform.

While betterU continues to pioneer and innovate, the company recognizes that what is needed to move the needle are groups like World Economic Forum and UNESCO, and a focus on UNESCO’s Sustainable Development Goals, particularly SDG4. The perceived impossibility of solving Education for All is starting to take shape as a real possibility through the Company’s efforts and continued partnership growth.

About betterU

betterU, a global education to employment platform, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

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.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit https://ir.betteru.ca/investor-overview/press-releases/

Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2935ae0b-0808-4957-9574-8e9347ea8ece and http://www.globenewswire.com/NewsRoom/AttachmentNg/6f10a7c5-c053-4bcc-9670-d617cb2f42f9

On behalf of the Board of Directors,
better Education Corp.
Brad Loiselle, CEO     

For further information:

Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

Partnerships
1-613-695-4100 Ext. 301
Email: [email protected]

Peeks Social $PEEK.ca Generates $1.7 Million Revenue Q3 2019 $IDK.ca $BCOV $AVID

Posted by AGORACOM-JC at 8:26 AM on Wednesday, January 30th, 2019
  • The Peeks Social platform generated gross revenue of $1.7 million during Q3 2019, up from $1.3 million during Q3 2018;
  • User sessions were 5.91 million for the three months ended November 30, 2018, as compared to 5.78 million for the three months ended November 30, 2017 (and as compared to 6.50 million for the three months ended August 31, 2018).

TORONTO, Jan. 30, 2019 — Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF) (“Peeks Social” or the “Company”) announced that the unaudited condensed consolidated interim financial statements (“Financial Statements”) and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended November 30, 2018 (“Q3 2019”), are now available on the Company’s profile on SEDAR (www.sedar.com). The three months ended November 30, 2018, represent the third quarter of the Company’s 2019 fiscal year.

It is important to note that this is the third reporting period of the Company following the completion of the acquisition of Personas.com Corporation (“Personas”) in May 2018 (see press release dated May 8, 2018). As the acquisition of Personas constituted a reverse acquisition, the Financial Statements are a continuation of the financial statements of Personas, and the comparative results are those of Personas, prior to the acquisition. Due to a change in the year end of Personas, the comparative results represent the three (“Q3 2018”) and eleven months ended November 30, 2017, which should be taken into account when reviewing comparative numbers.

Select quarterly highlights include the following:

  • The Peeks Social platform generated gross revenue of $1.7 million during Q3 2019, up from $1.3 million during Q3 2018;
  • GAAP net loss decreased to $0.7 million in Q3 2019 from $1.2 million in Q3 2018. GAAP net loss was $1.6 million in Q2 2019;
  • GAAP net loss per share was $0.003 for Q3 2019 as compared to $0.011 for Q3 2018. GAAP net loss per share was $0.007 for Q2 2019; and
  • User sessions were 5.91 million for the three months ended November 30, 2018, as compared to 5.78 million for the three months ended November 30, 2017 (and as compared to 6.50 million for the three months ended August 31, 2018).

Certain information provided in this news release is extracted from the unaudited condensed consolidated interim Financial Statements and MD&A of the Company for the three and nine months ended November 30, 2018, and should be read in conjunction with them. It is only in the context of the fulsome information and disclosures contained in the unaudited condensed consolidated interim Financial Statements and MD&A that an investor can properly analyze this information.
The Peeks Social app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social.

For further information, please contact:

Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
416-639-5339
[email protected]

David Vinokurov
Director Investor Relations
416-716-9281
[email protected] 

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

Esports Entertainment Group $GMBL – Integrated #Esports facility opens in Hong Kong as the city seeks to become a regional hub $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 4:48 PM on Tuesday, January 29th, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
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Integrated eSports facility opens in Hong Kong as the city seeks to become a regional hub

  • An integrated eSports complex called Cyber Games Arena (CGA) has opened in Hong Kong.
  • It hopes to attract 1.2m visitors and hold more than 100 local and overseas eSports competitions annually / SCMP.   By Shawn Lim

The 25,000 sq ft facility cost HK$30 million ($3.8m) to build and aims to turn the city into a regional eSports hub for young talent in the industry as it grows. The two-storey building consists of training facilities, a competition arena for up to 80 gamers, television broadcasts, online streaming platforms and a retail area.

It hopes to attract 1.2m visitors and hold more than 100 local and overseas eSports competitions annually.

The Hong Kong government has also strengthened its support for the eSports industry by allocating HK$100 million to Cyberport, a business park in Hong Kong, to build an HK$50 million eSports competition venue and nurturing talent for start-ups.

“Apart from subsidies, we will also improve the business environment and remove red tape,” said Carrie Lam Cheng Yuet-ngor, the chief executive of Hong Kong, who officiated the opening of the facility.

“The Innovation and Technology Bureau, the Home Affairs Bureau and other departments are working together to solve problems related to e-sports venues – a new guideline will be issued soon to help the eSports industry.”

Source: https://www.thedrum.com/news/2019/01/29/integrated-esports-facility-opens-hong-kong-the-city-seeks-become-regional-hub

Bougainville Ventures Inc $BOG.ca – Canada’s chronic shortage of legal cannabis expected to drag out for years $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 12:19 PM on Tuesday, January 29th, 2019
SPONSOR:  Bougainville Ventures Inc (CSE: BOG) Converting irrigated farmland to greenhouse-equipped farmland. Bougainville does not “touch the plant” and only provides agricultural infrastructure as a landlord for licensed marijuana growers. Click here for more info.
BOG:CSE
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Canada’s chronic shortage of legal cannabis expected to drag out for years

One industry insider expects shortage to continue until 2022, as more legal cannabis diverted to edibles

Canada’s licensed producers are growing more cannabis than ever. But they still aren’t making enough to balance supply and demand. (Derek Hooper/CBC)

Canada’s persistent shortage of legal cannabis could drag on for years. The impending legalization of edible pot will only divert more product away from empty store shelves across the country. One industry insider said he now expects that shortage to endure until 2022.

“If it was just the current product set, I’d say a year to 18 months,” said Chuck Rifici, CEO of the Toronto-based cannabis company Auxly.

“But because we have edibles and a bunch of new product types coming in October, I think it’ll be the better part of three years before we have true equilibrium and oversupply in the space.”

Licensed producers have been adding capacity in droves. Millions of square feet of new greenhouse space has been built since last summer. But for every new gram produced, new demand is piling up as well.

“The medical cannabis market still grows by about five per cent a month,” said Rifici. “We have about 300,000 Canadians accessing medically, so that’s a drain on the system, as well as international exports that are starting to amplify.”

Edibles industry ramps up

Meanwhile, the edible cannabis side of the industry is only starting to ramp up. The makers of Corona beer and Kim Crawford wines teamed up with Canopy Growth and expect to roll out cannabis-infused beer and wine. Budweiser partnered with Tilray, and Molson-Coors created their own joint venture with Quebec-based Hexo.

Cannabis-infused food and drink promises to open a whole new segment of the market. A recent report by Deloitte found 49 per cent of probable cannabis users in Canada are willing to try edibles. But that growth comes with a whole new batch of regulations and expectations.

It may take as many as three years before licensed producers are growing enough to supply the recreational, medicinal and edible markets. (Jeff McIntosh/Canadian Press)

Health Canada will require strict rules around shelf life and refrigeration. There will be specific rules around doses per serving. And that’s where Kevin Letun and Pacific Rim Brands hope to step in. His company has partnered with labs at the University of British Columbia in Kelowna and the British Columbia Institute of Technology to dig into the science behind all that.

“Because this is a brand new consumer product and it’s utilizing a schedule-1 drug that’s been illegal for the last 80 years, consumers are going to want to trust the brand that they’re going to be trying in the future,” said Letun.

Right now, Pacific Rim Brands is working on getting the specific formulations for these products. Once that’s completed, the company expects to start human testing to gather data. Essentially, the company is aiming to have formulations ready and approved this summer.

“Then, our goal is to look to either license these to existing beverage companies, potentially licensed producers or even develop our own brands,” said Letun.

When the legal recreational market opened on Oct. 17, 2018, stores like this one in NWT quickly sold out of product. (Hilary Bird/CBC)

Letun said edibles will prove to be a much larger segment of the industry than the current smokeable pot.

“In the next ten years, you’re going to see the smokeable cannabis (comprising) maybe only 10 to 20 per cent of the market,” he said.

He expects edibles and infused drinks will take off once legalized. And he said that will go well beyond cannabis-infused beer and wine.

“There are so many other applications on the medicinal side too, when it comes to sleep aids or sports recovery when it comes to inflammation, pain, sports recovery.”

Public consultations into the legalization of edible cannabis are open now and are expected to conclude at the end of February. As rules become more clear, the summer will see another surge in demand as companies look to get products ready for a market expected to open up on October 17.

It has only been three months since cannabis was legalized in Canada. There’s something to be said for the fact that the highest profile issue to stem from such an enormous change in drug policy is a lack of supply.

That issue is moving toward resolution, perhaps more slowly than expected.

Source: https://www.cbc.ca/news/business/canada-cannabis-shortage-years-1.4988195

$IEQ IntellaEquity Sets the 2nd Record Date for Return of Capital $SENS.ca

Posted by AGORACOM at 12:18 PM on Tuesday, January 29th, 2019
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564614/hub/IntellaEquity_Inc._LOGO_v1.jpg
  • The 2nd distribution of 12,805,744 shares of Sensor Technologies Corp. will be distributed to holders of IntellaEquity on record as of February 15, 2019
  • The first distribution of 12,805,753 Sensor Shares is to be made to shareholders of IntellaEquity on record as of January 15, 2019 as soon as the statutory hold expires. The Sensor Shares were subject to a statutory four (4) month hold period that expires on February 3, 201

Toronto, Ontario–(Newsfile Corp. – January 29, 2019) – IntellaEquity Inc. (CSE: IEQ) (the “Corporation” or “IntellaEquity”) announces that, further to its press release of December 12, 2018, the second distribution of 12,805,744 common shares in the capital of Sensor Technologies Corp. (“Sensor”) will be distributed to holders of IntellaEquity shares on record as of February 15, 2019. The first distribution of 12,805,753 Sensor Shares is to be made to shareholders of IntellaEquity on record as of January 15, 2019 as soon as the statutory hold is expires. The Sensor Shares were subject to a statutory four (4) month hold period that expires on February 3, 2019. Upon the expiration of the hold period, the Sensor Shares will be distributed to the holders of IntellaEquity shares as at the respective record dates.

IntellaEquity shareholders are not required to pay for the Sensor Shares they receive by way of the distribution, to tender or surrender their IntellaEquity shares, or to take any other action in connection with the distribution, other than providing a declaration of residency.

No Sensor Shares will be issued to shareholders who are (or are deemed to be) non-residents of Canada. Rather, such Sensor Shares will be delivered to a custodian and non-residents will be required to forward to the custodian the amount of withholding tax that such shareholder is required to pay. In the event that the shareholder does not forward such amount, the custodian shall retain such number of Sensor Shares necessary to cover the amount of the withholding tax payable. The balance of the Sensor Shares will be forwarded to the shareholder.

Shareholders who fail to provide a declaration of Canadian residency in the form that will be provided will be deemed to be a non-resident for these purposes. Canadian shareholders who hold their shares in the Corporation through a brokerage or other account are therefore urged to contact their brokers to avoid being deemed a non-resident.

About SensorSensor

Technologies Corp. is a publicly listed company whose shares trade through the facilities of the CSE under the symbol “SENS”. The company develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

About the Corporation

IntellaEquity is a publicly traded company, it is a diversified investment and venture capital firm focused on providing investors with long-term capital growth by investing in a portfolio of undervalued companies and assets. The investment portfolio may be comprised of securities of both public and private issuers primarily in technology, artificial intelligence, blockchain and may also include investments in certain other sectors, including water, green energy, and alternative energy. Target investments shall encompass companies at all stages of development, including pre-initial public offering and/or early-stage companies requiring start-up or development capital, as well as intermediate and senior companies.

Corporation contact:

Allen Lone
President and CEO

905.275.8111, ext. 226
Email: [email protected]

CardioComm Solutions’ $EKG.ca HeartCheck(TM) Device Enters Final FDA Review Phase

Posted by AGORACOM-JC at 9:45 AM on Tuesday, January 29th, 2019

HeartCheck(TM) CardiBeat and GEMS(TM) Mobile review results expected in late February

  • Completed a request for additional information from the US Food and Drug Administration for the Company’s premarket notification 510(k), Class II medical device clearance application for the HeartCheck™ CardiBeat and GEMS™ Mobile Application.

Toronto, Ontario–(January 29, 2019) – CardioComm Solutions, Inc. (TSXV: EKG) (“CardioComm” or the “Company“), a leading global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, confirms it has completed a request for additional information from the US Food and Drug Administration (“FDA“) for the Company’s premarket notification 510(k), Class II medical device clearance application for the HeartCheck™ CardiBeat and GEMS™ Mobile Application.

The Company had submitted a letter of revocation of their supplementary information submission on December 26, 2018 in compliance with the FDA’s directive. The Company has now provided the FDA a restatement of their response for additional information as of January 23, 2019, which the FDA has confirmed received. The FDA will now have 31 days to complete the 510(k) review of CardioComm’s restated submission.

To learn more about CardioComm’s products and for further updates regarding HeartCheck™ ECG device integrations please visit the Company’s websites at www.cardiocommsolutions.com and www.theheartcheck.com.

About CardioComm Solutions

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 13485:2016 certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).

FOR FURTHER INFORMATION PLEASE CONTACT:
Etienne Grima, Chief Executive Officer
1-877-977-9425 x227
[email protected]

[email protected]

Forward-looking statements

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42519