Posted by AGORACOM-JC
at 2:07 PM on Monday, April 5th, 2021
Improved its balance sheet with 3 important transactions in the month of March.
ZeU is also pleased to update its shareholders and stakeholders on the development of the Mula platform.
Major encryption and security conceptual changes have been tested and coding of an alpha version of this element of Mula platform is completed
Management is evaluating the possibility to file additional patents regarding these important improvements.
Montréal – April 5, 2021 – ZeU Technologies Inc.(CSE:ZEU)(CNSX:ZEU.CN)(OTC:ZEUCF) is pleased to disclose that it improved its balance sheet with 3 important transactions in the month of March. ZeU is also pleased to update its shareholders and stakeholders on the development of the Mula platform.
Balance Sheet Improvements
The Company exercised its option to repay an equivalent of $500,000 of debentures and pay all outstanding interests representing $661,834.40, all for a total of $1,161,834.40 using 3,336,564 KAM token to complete the transaction. The Company also received payment of 250,000 Hodlc tokens related to the development in part of the Hodlc DEX DeFi platform. ZeU is not assigning a current value to the Hodlc tokens received while awaiting a review by its auditors to determine its proper accounting treatment.
Mula Developments Updates
Major encryption and security conceptual changes have been tested and coding of an alpha version of this element of Mula platform is completed. Management is evaluating the possibility to file additional patents regarding these important improvements.
The Company has embarked new developers and expects to accelerate the coding of all the email and live messaging functionality of the platform in parallel with the fiat gateway to the ZeUPay application and the smart contract builder for third party developers. Negotiations to integrate with applications specialised in food delivery and transactional web design are underway as well as with other third-party applications. The platform is expected to embark gaming, lottery and P2P casino applications that will use the new encryption feature. ZeU P2P Casino software is currently being integrated with license holders and the Company should update the public on the progress of this business segment later in the month of April.
Posted by AGORACOM
at 11:20 AM on Monday, April 5th, 2021
Hollister leverages California’s largest dispensary network and Nabis’ rapid order fulfillment for its brand portfolio
VANCOUVER, BC, April 5, 2021 /CNW/ – Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the “Company“, “Hollister Cannabis Co.” or “Hollister“) has partnered with one of California’s leading distributors, Nabis, as demand for Hollister products continues to build. The new exclusive partnership will help streamline sales, grow retail opportunities and reduce wholesale delivery times on all orders.
Nabis supports California’s cannabis market with its wholesale distribution services. Supplying more than 99% of California’s dispensaries with a diverse selection of innovative products, Nabis works directly with brands to ensure timely fulfillment, and provides actionable sales data and insights to help brands scale and grow.
The partnership comes at a time when Hollister’s portfolio of products continues to gain brand awareness. HashBone, a hash-infused pre-roll, is one of the company’s signature products in California, and Hollister recently acquired one of Arizona’s leading concentrate brands, Venom Extracts, which is coming soon to the California market. This month, Hollister will introduce Easyriders pre-rolls in a collectible tin as the first products from its collaboration with the iconic motorcycle lifestyle magazine. Hollister also has product collaborations with Tommy Chong and the veterans-aligned medicinal brand Tactical Relief.
“We are excited to be partnered with Nabis for our last mile fulfillment. Nabis has built a best-in-class last-mile fulfillment business that will help Hollister’s brands reach more California dispensaries with reduced lead times,” says Carl Saling, the Co-Founder, CEO and Director of Hollister Biosciences.
“While Nabis works with a wide range of cannabis brands, we always have our eye on companies with well established and diverse brand portfolios as potential partners,” said Jun S. Lee, President of Nabis. “Hollister Cannabis Co. joining our family of Nabis-distributed brands is a great partnership for all parties. We look forward to distributing Hollister’s high-profile, top-quality products to dispensaries across California.”
Posted by AGORACOM
at 9:18 AM on Monday, April 5th, 2021
Affinity Metals Corp. (TSXV: AFF) (FSE: 34IA) (“the Corporation”) (“Affinity”) is pleased to announce that results from the initial three diamond drill holes have confirmed the presence of gold mineralization within the first target area on the Carscallen Extension project located immediately adjacent to the Kirkland Lake – Melkior Carscallen Joint Venture.
The three drill holes in this initial phase of exploration work were drilled within the Deloro geological assemblage and were located to test an airborne acoustical EM target at depth. Carx-20-01 was collared at UTM coordinate 450544.7 m E, 5360519 m N (Zone 17), and was drilled with a dip of 86 degrees at an azimuth of 348 degrees. This drill hole was successful in intersecting gold mineralization within a cherty banded iron formation that returned 0.21 g/t over 2 m from 429 m to 531 m. A second intersection further down the hole in a sheared metavolcanic breccia with quartz-carbonate veining and pyrite/chalcopyrite mineralization returned 0.21 g/t gold over 6 m from 535 m to 541 m. Carx-20-02 collared at 450596 m E, 5360519 m N and Carx-20-03 collared at 45068.8 m E, 5360525.6 m N also intersected numerous zones of sheared metavolcanics containing mineralized quartz calcite veining that also returned anomalous values for gold.
Drill core was logged and intervals selected for sampling were split using a diamond saw. Half core samples were submitted to Northern Mining Analytical Laboratory of Timmins, Ontario (“NMAL”) for gold analysis using fire assay with atomic absorption finish. NMAL is certified by the Standards Council of Canada to ISO/IEC standard 17025:2017. Internal laboratory QA/QC was carried by insertion of certified reference materials (blanks, standards and duplicates) into the sample stream.
The Corporation is encouraged with the initial results from this program in that gold mineralization encountered in holes Carx-20-01 to 03 is similar to gold mineralization reported in the banded iron formations and sheared metavolcanic breccia with quartz calcite veining observed at the Wire Gold occurrence on the neighbouring Kirkland Lake – Melkior Carscallen JV Project.
Initial exploration plans identified several prospective targets on various locations on the property. This initial drilling was designed to test one of the anomalies with the most cost effective logistics that would test the correlation of potential mineralization with the acoustical EM geophysics model. The property hosts multiple targets that warrant further exploration given the initial apparent confirmation of the exploration model.
Affinity CEO, Rob Edwards, stated, “Affinity is fortunate to be in the Timmins Exploration Camp; the prolific area hosts some very successful projects and companies as neighbors. We are encouraged by the initial drill results on the Carscallen Extension Project and are looking forward to using the information we have assembled with this first phase of exploration to further our success in this area. Now that we seem to have initial confirmation of the model, the targets that require a little more work logistically will warrant further exploration. We will be working with our geophysics and geology teams to synthesize the initial models with detailed core logging and drill results to better confirm targets for further exploration. With the information now available, our team can move forward with a higher degree of certainty that their combined knowledge and technology have the potential to identify anomalous systems hosting large scale mineralization.”
Posted by AGORACOM
at 9:09 AM on Monday, April 5th, 2021
TORONTO, April 05, 2021 (GLOBE NEWSWIRE) — Predictmedix Inc. (CSE:PMED) (OTCQB:PMEDF) (“Predictmedix” or the “Company”) is pleased to announce a partnership to deploy Safe Entry Stations in partnership with North American industry leaders JUICEWORKS EXHIBITS (JUICEWORKS) and CONNECTUS Global.
SAFE ENTRY STATIONS leverage military-grade multispectral cameras paired with Predictmedix’s proprietary, clinically based artificial intelligence algorithms. They provide an immediate assessment of individuals looking to access shared spaces by checking for multiple symptoms associated with infectious diseases such as COVID-19.
This ground-breaking technology is poised to change the way we look at screening and, eventually, the diagnosis of infectious diseases. Autonomous, comprehensive analysis provides peace of mind to individuals entering shared spaces, be it for work, entertainment, or necessity.
Mike Anderson, CEO of CONNECTUS Global, commented:
“Seeing this level of innovation is exciting to drive adoption of digital processes throughout the public and private sectors, what PREDICTMEDIX and JUICEWORKS are doing is revolutionary to introduce a new level of health measurement into the community.”
Posted by AGORACOM-JC
at 8:38 AM on Monday, April 5th, 2021
Canadian Food Inspection Agency has granted PlantX with a license to import packaged plant-based products from the United States to Canada
The operational milestone champions PlantX as a principal one-stop-shop for everything plant based and advances the Company’s plant-based movement by distributing US-manufactured packaged plant-based products to the Canadian marketplace.
VANCOUVER, BC , April 5, 2021 – PlantX Life Inc. (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) (” PlantX ” or the ” Company “) is pleased to announce that the Canadian Food Inspection Agency (” CFIA “) has granted PlantX with a license to import packaged plant-based products from the United States to Canada (the ” Import License “). The operational milestone champions PlantX as a principal one-stop-shop for everything plant based and advances the Company’s plant-based movement by distributing US-manufactured packaged plant-based products to the Canadian marketplace.
The Import License complements PlantX’s success in creating a diverse infrastructure of partnerships with plant-based vendors across the United States . With the Import License, the Company seeks to make the most of its partnerships within the plant-based space to increase awareness of the plant-based lifestyle by providing access to a greater selection vegan and vegetarian food choices throughout Canada . PlantX’s new operational capabilities have potential for bridging gaps between the United States and Canadian plant-based marketplaces.
“We are extremely pleased to be at the forefront of bringing US-manufactured plant-based goods to Canada ,” said Julia Frank , PlantX CEO. “The new license marks a crucial step in our expansion as leaders in the plant-based space, by ensuring that we can be first to market in Canada with plant-based brands originating in the USA .”
To obtain the Import License, PlantX had to meet rigorous food safety standards and requirements that promote the health of Canadian consumers. The Import License allows PlantX to distribute vegan and vegetarian manufactured packaged products such as vegan dairy substitutes, snack foods, processed fruits and vegetables, infant foods, nuts, grains, spices, fats and oils. PlantX strives to go above and beyond to serve the needs and health of its plant-based community and this Import License will enable the Company to accelerate those efforts by making it easier for Canadian customers to purchase their favorite US-manufactured plant-based brands.
“As a Canadian company, we are very passionate about contributing to the health of the Canadian public” said PlantX Founder Sean Dollinger . “The new import license will open new doors to how we can promote the wellbeing of our customer in Canada by helping them access an ever-growing variety of plant-based products”.
Corporate Update
The Company announces that it has granted 3,851,000 stock options (” Options “) to purchase common shares of the Company (” Common Shares “) to certain directors, officers, employees and consultants of the Company pursuant to the terms and conditions of the Company’s incentive stock option plan. The Options are exercisable for a five (5) year period at a price of $0.80 per Common Share. One quarter (1/4) of the Options will vest every three (3) months from the date of grant.
The Company also announces that it has granted 2,687,000 restricted share units (” RSUs “) to certain directors, officers, employees and consultants of the Company pursuant to terms and conditions of the Company’s restricted share unit plan. The RSUs have a term of one (1) year of which one quarter (1/4) of the RSUs will vest every three (3) months from the date of grant.
An aggregate of 40,276 RSUs were granted to Northern Equities Inc. (” Northern Equities “), which provides investor relations services to the Company including services to raise awareness of the PlantX brand, deliver new communication channels to PlantX customers and retailers and increase stakeholder engagement. To the knowledge of the Company, Northern Equities and/or its principals do not own or control any securities of the company.
Posted by AGORACOM-JC
at 8:16 AM on Monday, April 5th, 2021
Announced the Company has joined the Sovrin Foundation, an open-source, open-standards technology platform for digital identity.
Built on a public blockchain, the Sovrin Ledger protects personal information while giving control of personal data back to the individuals.
Loop joins over 70 leading tech organizations around the world including Cisco, T-Mobile and NEC that have committed computing power and resources to strengthen the Sovrin Network.
VANCOUVER, British Columbia, April 05, 2021 — Loop Insights Inc. (MTRX:TSXV; RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights and enhanced customer engagement to the brick and mortar space, is pleased to announce the Company has joined the Sovrin Foundation, an open-source, open-standards technology platform for digital identity. Built on a public blockchain, the Sovrin Ledger protects personal information while giving control of personal data back to the individuals. Loop joins over 70 leading tech organizations around the world including Cisco, T-Mobile and NEC that have committed computing power and resources to strengthen the Sovrin Network.
INTEGRATION WITH SOVRIN FOUNDATION WILL ENHANCE LOOP’S WALLET PASS THROUGH IMPROVED SECURITY, PRIVACY, AND INTEROPERABILITY WITH MAJOR TECH LEADERS
Loop Insights currently issues credentials through the native mobile wallet that is embedded in Apple iOS and Google Android smartphones, which has been leveraged by Passcreator to offer a secure and easy-to-use platform. However, this data can be difficult for third parties to verify.
On January 12, 2021 Loop Insights finalized its acquisition of Passcreator to provide Loop with complete control over Passcreator and its wallet pass platform. By joining the Sovrin Foundation, the credentials that Loop Insights issues can be fully verified by any third party, allowing organizations to check them against Sovrin’s independent public blockchain. This integration is expected to greatly enhance the existing security and privacy of personal information that is encrypted and secured on Loop’s wallet pass platform, originally created by Passcreator.
By validating our issuance and data on the public Sovrin Ledger, Loop will greatly expand the interoperability of its mobile wallet passes, which can now be validated by any organization or individual. The security of the Sovrin Ledger will also enable users to share individual pieces of information with third parties without revealing their entire personal identity.
As Loop Insights is a data company that is fully committed to improving the security and integrity of personal information, it has become clear that public blockchain technologies will be critical to the security and privacy of personal information moving forward. Loop Insights is excited to be driving this shift together with Sovrin and the many organizations dedicated to enhancing the security, functionality, and customer experience of mobile wallet passes.
Loop Insights’ goal is to architect and launch a platform that provides seamless interoperable data connectivity for physical venue and retail operators. With the addition of supportive blockchain verification, the Company is now able to issue verified digital wallet credentials through the native wallet in each and every smartphone.
As countries look to reopen the economy and to provide transformative future-proofed solutions, Loop Insights is working to provide a seamless, secure, and simple user experience through its Wallet pass platform. The Company has recognized the overwhelming number of third-party applications on the market today and therefore anticipates the native wallets found on Apple and Google smartphones will become dominant platforms.
Chris Raczkowski, Chair of the Sovrin Foundation Board of Trustees stated: “The Sovrin Foundation is very excited to welcome Loop Insights as the newest Steward of the Sovrin Ledger. The innovative Loop Insights team will strengthen the Sovrin network moving forward as we continue to offer secure and privacy-preserving digital identities for all.”
Posted by AGORACOM-JC
at 5:20 PM on Thursday, April 1st, 2021
Announced that further to its news release dated March 29, 2021, its portfolio company Fantasy 360 Technologies Inc. d/b/a Immersive Tech proposes to increase the size of its previously announced non-brokered private placement of subscription receipts of Immersive from $1.5 million due to strong investor demand.
Each Subscription Receipt will be sold at a price of $0.35 and be governed by a subscription receipt agreement to be entered between Immersive and an escrow agent to be appointed by Immersive on or prior to the closing date of the SR Offering
VANCOUVER, British Columbia, April 01, 2021 — Victory Square Technologies Inc. (“ Victory Square ”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that further to its news release dated March 29, 2021, its portfolio company Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“ Immersive ”) proposes to increase the size of its previously announced non-brokered private placement (the “ SR Offering ”) of subscription receipts of Immersive (“ Subscription Receipts ”) from $1.5 million due to strong investor demand. Each Subscription Receipt will be sold at a price of $0.35 and be governed by a subscription receipt agreement to be entered between Immersive and an escrow agent to be appointed by Immersive on or prior to the closing date of the SR Offering (the “ SR Agreement ”).
In accordance with the SR Agreement, each Subscription Receipt shall be automatically converted without any further action on the part of the holder thereof into one unit of Immersive (each, a “ SR Unit ”) upon the satisfaction of certain escrow release conditions (the “ Escrow Release Conditions ”) including the receipt of conditional approval by Immersive with respect to the listing of the common shares of Immersive (“ Immersive Shares ”) on the Canadian Securities Exchange (the “ CSE ”) and the receipt of a final prospectus of Immersive in the Province of British Columbia. If the Escrow Release Conditions are not satisfied by August 31, 2021, the proceeds of the SR Offering will be returned to the subscribers.
Each SR Unit will consist of one Immersive Share and one-half of one Immersive Share purchase warrant (each whole warrant, an “ SR Warrant ”). Each SR Warrant will entitle the holder thereof to purchase one additional Immersive Share at a price of CAD$0.52 for a period of 24 months following the completion of a going-public transaction by Immersive. Immersive may accelerate the expiry date of the SR Warrants to 30 days following Immersive issuing a news release accelerating the expiry date of the SR Warrants in the event the closing price of the Immersive Shares on the CSE or any equivalent exchange upon which the Immersive Shares trade is equal to or greater than $0.78 per Immersive Share for a period of ten (10) consecutive trading days.
Immersive intends to use the net proceeds from the SR Offering to finance acquisitions, organic growth investments and for general working capital purposes. Finder’s fees may be paid to eligible finders in accordance with the policies of the CSE consisting of a cash commission of up to 6% of the gross proceeds raised under the SR Offering and finder warrants (“ Finder Warrants ”) in an amount up to 6% of the number of Subscription Receipts sold pursuant to the SR Offering. Each Finder Warrant will have the same terms as the SR Warrants.
Closing of the SR Offering is subject to customary closing conditions including, but not limited to, receipt of any required regulatory approvals. The securities being offered under the private placement will be issued pursuant to available exemptions from the prospectus requirements under applicable securities laws and will be subject to a hold period that will expire four months and one day from the later of: (i) the date of issue, and (ii) the date on which Immersive becomes a reporting issuer in any jurisdiction in Canada. The Immersive Shares comprising the SR Units and underlying the SR Warrants will be subject to a contractual lock-up with 25% released from contractual lock-up on the date of conversion of the Subscription Receipts and 75% released 4 months thereafter.
