Agoracom Blog

St-Georges $SX.ca Lithium-In-Clay Extraction Technology Update

Posted by AGORACOM-JC at 1:36 PM on Thursday, December 20th, 2018
  • Successful selective leaching to remove Magnesium Oxide (MgO) and Calcium Oxide (CaO) was achieved
  • This allows the potential recovery of High Purity MgO and eliminates the need for membranes and other purification steps required to make high purity lithium that can be used to make lithium carbonate, lithium hydroxide and/or lithium metal.

Montreal, QC / December 20, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to provide an update on the development of its lithium-in-clay extraction technology.

Successful selective leaching to remove Magnesium Oxide (MgO) and Calcium Oxide (CaO) was achieved. This allows the potential recovery of High Purity MgO and eliminates the need for membranes and other purification steps required to make high purity lithium that can be used to make lithium carbonate, lithium hydroxide and/or lithium metal.

“(…) Selective leaching of Magnesium, Calcium and Sodium is an interesting breakthrough that helps to make the down stream processing for lithium purification simpler with fewer challenges on water/acid balances, reduction in chemical usage and lower energy requirements. (…) We are still investigating converting problem elements into valuable salable by-products helping our cost structure and ecological focus (…)” said Enrico Di Cesare, St-Georges’ Vice-President Research & Development.

St-Georges tested its metallurgical process in a simulated industrial environment using large quantity of material received in September from the Bonnie Claire deposit owned 100% by its partner Iconic Minerals Ltd. (TSX-V: ICM). Approximately 100kg of Bonnie Claire material was used in the current test phase. 5 independent laboratories participated in the effort. The initial mechanical separation step was tested with an equipment vendor in Pennsylvania. The results show that 55% of the mass can be removed while concentrating the lithium without the use of water and chemicals.

St-Georges is working on the filing of two provisional patents in relation to the first phase of development of the process. Further testing is underway to optimize and firm up the patent applications. The current developments simplify and improve the process flow sheet. It eliminates the need to use membranes and it is expected to decrease total chemicals used.

In mutual agreement with Iconic Minerals, St-Georges’ management is revising the initial planning allowing to accelerate the development of the technology and should deliver a report to Iconic in January that will include elements that were initially expected in the second development report. Additional testing is currently underway for that purpose. St-Georges also expects to issue an additional press release in early January after it receives the results to the verification tests that it has just commissioned following this potential breakthrough.

Joel Scodnick, P.Geo, and Herb Duerr, P.Geo both qualified persons under NI 43-101 have reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANCOIS (FRANK) DUMAS, DIRECTOR & COO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

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.

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NORTHBUD $NBUD.ca Amends Licence Application to Add 500K SQ. FT. of Outdoor Cultivation Area and Provides a Corporate Update $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:26 AM on Thursday, December 20th, 2018

  • Announced the amendment of its license application to add 500K SQ. FT. of outdoor cultivation area and provides shareholders with a corporate update on the progress of the corporation and status on its various activities.
  • Construction of NORTHBUD’s cultivation facility is progressing on schedule and on budget. The building is soon to be completely enclosed and ready for the next phase in construction.

TORONTO, Dec. 20, 2018 – North Bud Farms Inc. (CSE: NBUD) (“NORTHBUD” or the “Company”) announced the amendment of its licence application to add 500K SQ. FT. of outdoor cultivation area and provides shareholders with a corporate update on the progress of the corporation and status on its various activities.

Construction of our Cannabis Production Facility in Low, Quebec: 

The construction of NORTHBUD’s cultivation facility is progressing on schedule and on budget. The building is soon to be completely enclosed and ready for the next phase in construction. Please see our website www.northbud.com/blog for videos, photos and ongoing updates.

Request for Outdoor Cultivation License:

NORTHBUD is pursuing a standard cultivation licence under The Cannabis Act after acquiring a confirmation of readiness stage ACMPR licence application in early 2018.

The NORTHBUD production facility is located on a 95-acre parcel of farmland in rural Quebec. Under the new regulations, licenced producers can cultivate outdoors. In collaboration with Cannabis Compliance Inc. NORTHBUD will be amending its application to include a 1000 x 500ft outdoor cultivation area.  We anticipate this outdoor production footprint to be operational in the spring of 2020 pending the required approvals by Health Canada. NORTHBUD expects to begin implementation of the required infrastructure in Q2 2019 after completion of our 25k sq. ft. indoor production facility that is currently under construction.

Implementation of this additional low-cost production footprint will provide NORTHBUD a unique platform to cultivate both premium quality dried flower as well as low cost commodity grade organic biomass to be transformed into food and pharma grade inputs. This will position NORTHBUD to capitalize on the highest margin market segments.

As the consumer market develops, we believe our diverse centralized infrastructure will provide NORTHBUD a solid, low cost, high quality cannabis supply, which will serve as the core of our products and brand moving forward.

The Gatineau valley has traditionally been a fertile area for outdoor cannabis cultivation with a growing season that typically occurs between mid June and early October. NORTHBUD will be engaging local legacy cultivators to acquire genetics with a track record of success in this particular climate. Our outdoor cultivation will follow international GAP (good agricultural practices) with the drying, trimming and packaging to be done in accordance with GMP standards inside our state-of-the-art custom designed cultivation facility.

About North Bud Farms Inc.
North Bud Farms Inc., through its wholly owned subsidiary GrowPros MMP Inc. which was acquired in February 2018, is pursuing a licence under The Cannabis Act.  North Bud Farms Inc. is constructing a state-of-the-art purpose-built cannabis production facility located on 95 acres of Agricultural Land in Low, Quebec. North Bud Farms Inc. will be focused on Pharmaceutical and Food Grade cannabinoid production in preparation for the legalization of edibles and ingestible products scheduled for October 2019.

For more information visit: www.northbud.com

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

Forward-looking statements
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward- looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Such risks and uncertainties include, among others, the risk factors included in North Bud Farms Inc.’s final long form prospectus dated August 21, 2018 which is available under the issuer’s SEDAR profile at www.sedar.com. 

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
North Bud Farms Inc.
Edward Miller 
VP, IR & Communications
Office: (855) 628-3420 ext. 3
[email protected]

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Esports Entertainment Group $GMBL – #Esports Legends Launch #Popdog With $9 Million Funding Round $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 4:29 PM on Wednesday, December 19th, 2018
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 an additional 42 Esports teams, bringing total to 176 Esports teams. Click here for more information.
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Esports Legends Launch Popdog With $9 Million Funding Round

By GERA

  • The company is called Popdog, and will be starting things out with a $9 million Series A funding round led by Makers Fund and Korea Investment Partners.
  • “We’re building our company around the core belief that eSports and gaming video content, born more from technology than any other sports or entertainment verticals we’ve seen, need better technology in order to be properly understood, monetized, and optimized,” says company CEO 

Evil Geniuses CEO Alexander Garfield is heading a new eSports technology and services company which will develop products aimed at optimizing live streaming for tournaments, talent, and publishers, it was announced today.

The company is called Popdog, and will be starting things out with a $9 million Series A funding round led by Makers Fund and Korea Investment Partners.

“We’re building our company around the core belief that eSports and gaming video content, born more from technology than any other sports or entertainment verticals we’ve seen, need better technology in order to be properly understood, monetized, and optimized,” says company CEO Garland in a prepared statement.

“The industry needs a backend, and our mission is to be that backend by supporting the ecosystem as a whole with a comprehensive offering of technology and services. This funding brings us one step closer to fulfilling that mission. We’ve already assembled an incredible team of industry leaders, product experts, and eSports veterans, and
we’re excited to begin rolling out a suite of products that we think will make operating in the space transparent and scalable, as opposed to opaque and speculative.”

Alexander Garfield, a two-time winner of The International tournament, is perhaps best known for his role in helping to build pro-gaming organizations Evil Geniuses and Alliance into eSports heavyweights. Garfield later sold the teams’ parent company GoodGame to Twitch in 2014.

Alongside Garfield, Popdog’s co-founders include CTO and CPO Andreas Thorstensson, a former Counter-Strike world champion who Co-Founded SK Gaming; CSO Niles Heron, consultant who has taught and mentored at accelerators such as TechStars, Gener8tor and Detroit’s TechTown; and CCO Colin DeShong, the former COO of GoodGame, Evil Geniuses, and Alliance, where he was Garfield’s long-time partner.

Source: https://variety.com/2018/gaming/news/esports-alexander-garfield-ninja-popdog-1203092901/

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Betteru Education Corp. $BTRU.ca – Online Higher Education in India Comes Full Circle $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 3:23 PM on Wednesday, December 19th, 2018
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.
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  • Ever since the 2012 report stated that India needed thousands of new colleges and universities, it has been evident that India should instead focus on building disruptive innovations to rethink education by offering a service that is far more affordable, accessible, and convenient than the existing options.
  • That meant using online learning to serve people who would otherwise have no access to higher education.

By Brian Warren and Michael B. Horn (Columnist)  

In 2012, the government of India stated that it would need to build 1,000 new universities and an astounding 50,000 new colleges by 2020 to meet expected demand as its population and workforce continued to grow.

With over 750 universities and more than 38,000 colleges today—compared to roughly 650 universities and 25,000 colleges in 2012—the country looks unsurprisingly unlikely to meet that objective.

And that’s not necessarily a bad thing. Surveys and sources suggest many college graduates are unprepared for the workforce. For example, according to the All India Council for Technical Education, a whopping 60 percent of engineering graduates from India’s technical colleges remain unemployed each year.

Instead of replicating systems of higher education found elsewhere, India ought to be taking this opportunity to leapfrog the current state of higher education.

Ever since the 2012 report stated that India needed thousands of new colleges and universities, it has been evident that India should instead focus on building disruptive innovations to rethink education by offering a service that is far more affordable, accessible, and convenient than the existing options. That meant using online learning to serve people who would otherwise have no access to higher education.

And India did initially leverage online learning by allowing its universities and colleges to launch a wide range of online programs. But there were two problems. First, because existing higher-ed institutions drove the launch, their programs replicated aspects of Indian higher education online, rather than invent new ways to serve students who had no access previously—similar to what has happened in the United States in many cases.

Second, the initial online programs were of widely varying quality. Some reports suggested students didn’t learn much of anything, and were certainly not prepared to tackle real-world problems.

As a result, India cracked down on all online learning, with a moratorium on accredited universities offering online degrees in December of 2016.

Although this halted universities from innovating, it didn’t stop other Indian entities from innovating in online learning across the education spectrum. Corporations continued to offer online certificates, particularly in the coding and data analytics realms, and India’s largest education company, Byju’s, developed everything from next-generation interactive online simulations to top-of-the-line animation online video lessons. India’s higher-education system fell further behind when it came to leveraging online learning innovations.

This past August, India dipped its toe back into the online learning regulatory waters. But just its little toe.

The University Grants Commission, the national regulatory body for higher education that helps maintain standards and delegates funds to recognized universities and colleges, announced it will permit certain institutions to offer fully online certificate, diploma and degree programs in the 2018–2019 academic year.

To be eligible, institutions must be at least five years old, awarded a minimum score by the National Assessment and Accreditation Council, and rank among the top 100 colleges and universities, based on a national evaluative framework, for two of the past three years. The degree program must also mirror pre-made, face-to-face courses that have already graduated a cohort of students and have been previously approved by the statutory councils—in other words, replicate the existing system.

These new rules sound like those of yesteryear’s—and that’s a problem.

By replicating a system that India’s citizens and employers already say doesn’t produce workforce-ready graduates, it’s not clear why this wave of online learning will work better than the last. Although the Commission is allowing only the top 100 institutions in India in an effort to control quality, it’s really just cementing in place the current system of higher education.

That input-based approach to regulation, in which the resources and processes of a class are controlled, will, by definition, freeze innovation because it limits how programs may deliver their services. It also ignores the question of student outcomes at the program level, such that there will be little accountability.

There’s a better approach.

Lost amidst the changing rules and regulations is a focus on student outcomes—and, in this case, critical measures that connect education to the economy. (Some of these measures are outlined in a quality assurance framework that we researched and developed.) The government of India ought to incentivize institutions to compete on delivering what’s best for students, while keeping costs down to increase value and promote access. By maintaining a quality threshold, the Commission could invite many players to enter the online higher education market and innovate around quality and access, which could help India meet its demand to educate more citizens for the workforce.

India could also be the first in the world to pioneer such a progressive approach—and it could do so by first targeting the policy at online universities, not the entire system, which would be far too revolutionary at this stage.

The Commission ought to reconsider its choice. They can stay with the status quo and implement piecemeal adjustments in the hope that the outcomes match their intentions, or they can adopt a strategy of bold innovation with robust student-outcome protocols that don’t leave students’ success up to chance. From our standpoint, that shouldn’t be a choice.

Michael Horn (@michaelbhorn) is an EdSurge columnist and Principal Consultant for Entangled Solutions. Brian Warren is a consultant at Entangled Solutions.

Source: https://www.edsurge.com/news/2018-12-19-online-higher-education-in-india-comes-full-circle

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CLIENT FEATURE: Tartisan Nickel $TN.ca Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% Nickel, 0.33% Copper

Posted by AGORACOM-JC at 10:19 AM on Wednesday, December 19th, 2018

Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined. 
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  
    copper credits.
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

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

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CLIENT FEATURE: Kuuhubb $KUU.ca Mobile Video Gaming And Apps For Women; $US 4.9M Quarterly Revenues, +50M Downloads, 14M Quarterly Users $TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 4:05 PM on Tuesday, December 18th, 2018
KUU: TSX-V

Why Kuuhubb?

  • All time app downloads of +50M
  • Quarterly* sessions of +200M
  • Quarterly* active users of +14M
  • Quarterly gross* revenue of $4.9M
  • Partnerships: Kellogg’s and Samsung
  • Aggressive Global Growth Plans Now Underway
  • Japan Already Established Japan Mobile Revenues
  • Have Surpassed The USA For 3 Consecutive Years
  • India, Korea and China Are Forthcoming
  • Global Social App Comparables Are Trading At $58/Monthly Active User (MAU) (Excluding Facebook)

The Company’s Differentiator? Kuuhubb Delivers Mobile Gaming & Lifestyle Apps Geared Towards Female Audiences. KUU Is Now Focusing On Asian Markets, The World’s Largest & Fastest Growing Mobile Games Market

Portfolio

Kuuhubb growth is undeniable, with rapid growth in revenues quarter over quarter.  The company’s flagship app (Recolor) has experienced strong growth in downloads, sessions and monthly active users, indicating a winning product

Hub On AGORACOM /Corporate Profile

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

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Esports Entertainment Group $GMBL – Investing In #Esports: The Five Winning Stocks $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 1:24 PM on Tuesday, December 18th, 2018
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 an additional 42 Esports teams, bringing total to 176 Esports teams. Click here for more information
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  • Esports has come from nowhere to become one of the most exciting entertainment trends in the world.
  • What began as a fairly niche activity in South Korea has grown to become a world beater, and the esports industry is expected to hit $180 billion in revenues by 2021.

by Ankur Shah

Esports has come from nowhere to become one of the most exciting entertainment trends in the world. What began as a fairly niche activity in South Korea has grown to become a world beater, and the esports industry is expected to hit $180 billion in revenues by 2021.

But what is esports and how can you take advantage of its remarkable growth? Simply put, esports is competitive video gaming where individuals compete on video games like League of Legends, Counter Strike Global Offensive and Overwatch. There’s a more detailed guide to esports here, but basically esports is like any traditional sport, except that it’s played on video games. 

Given esports’ impressive revenues, there will be many people questioning which esports stocks have the most potentially lucrative returns. Whilst the esports industry might not be included in many of the value stocks for 2019, some of these stocks could be well worth keeping an eye on.

It’s the games publishers and developers who could provide the greatest amount of stability in this rapidly changing realm. EA Sports is one of the most widely respected games publishers in the esports domain with titles like the Madden franchise and FIFA being amongst its biggest hits. And with the news that EA Sports are teaming up with the Premier League to launch the ePremier League, it shows that there is plenty of value here.

Activision Blizzard have also provided some of the biggest titles in the competitive gaming realm. Alongside classics like Call of Duty and Quake, Blizzard have also successfully launched the Overwatch League and Overwatch World Cup tournaments which have added plenty of professionalism to the fledgling industry.

All shrewd investors will know how China holds the key for understanding the future of many industries. As a result, it could be wise to invest in Tencent as this multibillion dollar Chinese investment company bought Riot Games. Why is this important? Riot Games created League of Legends which is probably the biggest esports game around, and with over 60 million unique viewers for the 2017 League of Legends World Championship finals, it shows just how popular esports has become.

Esports wouldn’t have grown to become a world-beater were it not for the incredible hardware that the gamers compete on. As a result, many investors have been charting the rapid progress of Nvidia. This semiconductor company has a separate NVDA gaming division that was responsible for developing the world’s speediest graphics processing unit. As a result, this brand have proven to offer plenty of stability when working out how to overcome any unexpected stock market turbulence.

Similarly, Logitech have won many fans as a result of their gaming hardware, and it could be wise to invest early in this Swiss manufacturer. Logitech’s revenues have steadily been growing the past few years, and with growth figures of 27% in 2017, it seems as though gamers’ hunger for quality keyboards, mice and other hardware is showing no signs of slowing down.

Source: https://www.valuewalk.com/2018/12/investing-in-esports-the-five-winning-stocks/

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$GR.ca Great Atlantic Drill Program Commences at Kagoot Brook Co-Mn Base Metals Project, New Brunswick $SIC.ca LAB.ca MOZ.ca

Posted by AGORACOM at 9:23 AM on Tuesday, December 18th, 2018
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564603/hub/GREATATLANTIC_LOGO_TESTER-e1480712241913.jpg
  • Initiated maiden drill program at the cobalt-manganese base metals Kagoot Brook project in New Brunswick.
  • No drilling has ever been conducted and no source of the historic geochemical anomalies is known on the property.

  • VANCOUVER, BC / ACCESSWIRE / December 18, 2018 / GREAT ATLANTIC RESOURCES CORP. (TSX-V: GR) (the “Company” or “Great Atlantic”) is pleased to announce its optionee Explorex Resources Inc. has mobilized crews to initiate the maiden drill program at the cobalt-manganese base metals Kagoot Brook project in New Brunswick.Kagoot Brook Co-Mn base metals project

Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit a series of remarkably anomalous cobalt values up to 6,000 parts per million (1) in the silts.

Recent follow-up stream silt sampling programs performed by Explorex revealed:

  1. A significant concentration of and a strong relationship of cobalt with manganese and associated base metals (nickel, copper, lead and zinc);

  2. The relative percentage of the cobalt to manganese indicating a favourable high cobalt tenor (that is, grade component);

  3. A distinct upstream cut-off of the cobalt mineralization.

The project area is blanketed by a thin till cover with little or no outcrop and the in-stream silt-grade cut-offs are interpreted to closely reflect the southern contact of the underlying mineralized horizon. The grade cut-offs align well with stratigraphy adding confidence to the greater-than-two-kilometre inferred potential length of mineralization along the geological trend.

Kagoot Brook drill program

Explorex is taking advantage of a window of opportunity presented by a local drill company to complete two holes prior to the Christmas break. This initial two-hole, 500-metre drill program is limited in scope and designed to drill one partial transect across the target stratigraphy within the four-by-one-kilometre target area. Due to the near-Christmas timing of the drill program, it is anticipated that the core will be processed when the technical crew returns to the project in the New Year, with results reported thereafter.

No drilling has ever been conducted and no source of the historic geochemical anomalies is known on the property.

(1) The stream silt samples reported in this release are solely designed to show the presence or absence of mineralization and to characterize the mineralization. Silt samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the projects.

David Martin, PGeo, a qualified person as defined by National Instrument 43-101 and vice-president of exploration for Great Atlantic, is responsible for the technical information contained in this news release.

Option agreement

The Kagoot Brook property is 100 per cent owned by Great Atlantic Resources and is subject to an underlying agreement with Explorex Resources Inc. Explorex Resources is acquiring up to a 75-per-cent interest in the project (please see Great Atlantic Resources’ news release dated Feb. 14, 2018).

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson“

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

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Good Life Networks Inc. $GOOD.ca Announces the Closing of 495 Communications, LLC $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 9:09 AM on Tuesday, December 18th, 2018
  • Concurrent with receiving debt financing at prime plus one and a quarter from a Major Canadian Financial Institution, it has closed the acquisition of 495 Communications, LLC , a leading advertising and content marketing company based in New York City and Santa Monica, California.
  • According to a third-party unaudited Quality of Earnings prepared by CohnReznick LLP in New York, as at August 31, 2018; 495’s Trailing Twelve Month revenue was reported at approximately USD$14.4M (CDN$18.1M equivalent), and adjusted EBITDA came in at USD$1.9M (CDN$3.3M equivalent).

VANCOUVER, Dec. 18, 2018 – Good Life Networks Inc. (“GLN“, or the “Company“) (TSXV: GOOD) (FSE: 4G5), a programmatic advertising technology company, announced today that, concurrent with receiving debt financing at prime plus one and a quarter from a Major Canadian Financial Institution (announced yesterday), it has closed the acquisition of 495 Communications, LLC (“495“), a leading advertising and content marketing company based in New York City and Santa Monica, California. Under the terms of a definitive share purchase agreement (the “Agreement“), GLN has acquired all of the issued and outstanding shares (the “Purchased Shares“) of 495 for an aggregate purchase price of USD$15,000,000. According to a third-party unaudited Quality of Earnings prepared by CohnReznick LLP in New York, as at August 31, 2018; 495’s Trailing Twelve Month revenue was reported at approximately USD$14.4M (CDN$18.1M equivalent), and adjusted EBITDA came in at USD$1.9M (CDN$3.3M equivalent).

“I’m very proud of our company and team who have achieved nearly every operating metric this year. From the beginning our mission, vision, culture and values have guided our growth strategy,” said Jesse Dylan, CEO of GLN. “With the closing of Impression X announced earlier today and now 495 we have achieved our objective of acquiring two companies this year. These acquisitions will be immediately accretive to revenue.”

Under the terms of the Agreement, consideration for the Purchased Shares consists of the following:

a) US$3,500,000 in cash, payable to the members of 495 less the amount of outstanding indebtedness;

b) a cash earn-out, up to a maximum of US$5,500,000 for hitting performance benchmarks; and

c) a share/cash earn-out, to be satisfied, at the sole discretion of the Company, in cash or through the issuance of common shares of the Company (“GLN Shares“) up to a maximum amount of US$6,000,000 for hitting performance benchmarks, such GLN Shares to be issued at a per share price based upon the greater of (i) the 20-day volume weighted average trading price of the GLN Shares on the TSX Venture Exchange (the “TSX-V“) immediately prior to the date of issuance and (ii) the lowest price permitted by the policies of the TSX-V.

The GLN Story

GLN’s technology is the engine that sits between advertisers and publishers. The GLN Platform is built for cross device video advertising: Mobile, In-App, Desktop and CTV (Connected Television). The Programmatic Video Marketing Platform is powered by GLN’s Patent Pending proprietary machine learning technology that targets and connects digital advertisers with consumers three times faster than industry standards, with exceptional low fraud rates among vendors without collecting PII (Personal Identifiable Information).

The Programmatic Video Technology Platform features integrations at the server level with both Publishers and Advertisers. Our technology quickly finds the most valuable advertisement for every consumer. Publishers make more money through improved CPM (advertising fill rate) combined with a more engaged consumer experience. 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 the US and UK and trades on the TSX Venture Exchange under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5.  

Addressable Market: The total media ad spend worldwide will rise 7.4% to $628.63 billion according to eMarketer. 2018 Canadian Internet Ad Revenue is projected to rise by over $945 million to $7.7 Billion accord to the IAB (Interactive Advertising Bureau).

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 and performance of 495. 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 GLN realizing on the anticipated value of acquiring the Purchased Shares, GLN maintaining its projected growth, 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 acquisition of the Purchased Shares 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.

SOURCE Good Life Networks Inc.

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[email protected] or call 604 265 7511.Copyright CNW Group 2018

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Good Life Networks Inc. $GOOD.ca Announces The Closing of Impression X Acquisition $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 8:37 AM on Tuesday, December 18th, 2018
  • Announced today that is has closed the acquisition of Impression X, Inc., a leading connected television (“CTV”) advertising technology company.
  • Under the terms defined by the definitive agreement, GLN has acquired all of the issued and outstanding shares of Impression X for an aggregate purchase price of up to USD $4,500,000

VANCOUVER, Dec. 18, 2018 - Good Life Networks Inc. (“GLN“, or the “Company“) (TSXV: GOOD) (FSE: 4G5), a programmatic advertising technology company, announced today that is has closed the acquisition of Impression X, Inc. (“Impression X“), a leading connected television (“CTV“) advertising technology company. Under the terms defined by the definitive agreement (the “Definitive Agreement“), GLN has acquired all of the issued and outstanding shares (the “Purchased Shares“) of Impression X for an aggregate purchase price of up to USD $4,500,000.

“This acquisition gives us more revenue horsepower during the biggest quarter of the year in the advertising industry and a great start to 2019” said Jesse Dylan, CEO of GLN. “GLN and Impression X are highly complementary businesses, and we are pleased to capitalize on this unique opportunity to create a larger, more diversified and successful company.”

Under the terms of the Definitive Agreement, consideration for the Purchased Shares consists of the following:

a) USD $500,000 in cash, payable to the shareholders of Impression X (the “Vendors“);

b) USD $400,000 in common share purchase warrants of the Company (“Warrants“), payable to the Vendors at closing, 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 (“TSX-V“) immediately prior to the date of issuance; and (ii) the lowest price permitted by the policies of the TSX-V;

c) a performance earn-out of up to USD $1,000,000 in cash based on agreed-upon milestones; and

d) a performance earn-out of up to USD $2,600,000 in Warrants based upon the greater of: (i) the 10-day volume weighted average trading price of the Company’s common shares on the TSX-V immediately prior to the date of issuance; and (ii) the lowest price permitted by the policies of the TSX-V.

In partial satisfaction of the purchase price, the Company issued an aggregate of 2,914,622 Warrants to the Vendors at closing exercisable to purchase common shares of the Company at a price of C$0.1836 per share for a period of five years from the closing date.

“The combination of Impression X expertise and relationships in CTV backed by GLN’s technology and world class team will allow us to capture an even larger portion of the $31 billion-dollar industry,” stated Impression X CEO Matt Hopkins.

The IAB (Interactive Advertising Bureau) Changing TV Experience report indicates that 56% of consumer TVs are now IP connected. The IAB anticipates CTV ad revenues are projected to hit $31.5 billion in 2018, up 275 percent from $8.4 billion in 2015.

The GLN Story

GLN is a patent pending machine learning programmatic video advertising technology company that does not collect PII (Personal Identifiable Information).  GLN serves millions of online video ads daily 3 times faster than IAB (Interactive Advertising Bureau) standards through multiple server to server integrations with both publishers and advertisers. GLN is headquartered in Vancouver, Canada with offices in the US and UK. 

Digital ad revenue rose by 16.8%, more than double TV’s in January of 2018 according to Forbes Magazine.

GLN trades on the TSX Venture Exchange under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5.

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 Impression X. 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  acquisition of Impression X, GLN maintaining its projected growth 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 assimilation of Impression X 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.

SOURCE Good Life Networks Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2018/18/c4050.html

[email protected] or call 604 265 7511Copyright CNW Group 2018


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