Agoracom Blog Home

Posts Tagged ‘Digital’

AGORACOM Small Cap 60: ThreeD Capital $IDK $IDKFF Sheldon Inwentash Says Imagine AR $IP.ca $IPNFF Has HUGE Runway Ahead $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 10:14 AM on Wednesday, March 24th, 2021
IDK-square-for-blog

ThreeD Capital $IDK $IDKFF Reports Premium Nickel Resources Awarded Exclusivity to Acquire Former BCL Assets in Botswana

Posted by AGORACOM-JC at 7:40 AM on Wednesday, March 24th, 2021
IDK-square-for-blog
  • Announced Premium Nickel Resources (“PNR”) has completed the Exclusivity Memorandum of Understanding with the Liquidator on the Botswana nickel-copper-cobalt assets formerly operated by BCL Limited (see PNR News Release dated February 16, 2021).
  • ThreeD Capital owns 6,716,456 shares of PNR, representing a 9.13% ownership in the company.
  • Furthermore, Sheldon Inwentash, Chairman & CEO of ThreeD Capital is on the Board of Directors of PNR.

TORONTO, March 24, 2021 — ThreeD Capital Inc. (“ ThreeD ” or the “ Company ”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce Premium Nickel Resources (“PNR”) has completed the Exclusivity Memorandum of Understanding with the Liquidator on the Botswana nickel-copper-cobalt assets formerly operated by BCL Limited (see PNR News Release dated February 16, 2021).

ThreeD Capital owns 6,716,456 shares of PNR, representing a 9.13% ownership in the company. Furthermore, Sheldon Inwentash, Chairman & CEO of ThreeD Capital is on the Board of Directors of PNR.

More information on this subject can be found in PNR’s press release below:

Toronto, Ontario, March 24 th , 2021 – Premium Nickel Resources (” PNR “) is pleased to announce that it has completed the Exclusivity Memorandum of Understanding (“ MOU ”) with the Liquidator which will govern a six-month exclusivity period to complete its due diligence and related purchase agreements on the Botswana nickel-copper-cobalt (” Ni-Cu-Co “) assets formerly operated by BCL Limited (” BCL “), that are currently in liquidation.

On February 10, 2021, the Honourable, Lefoko Moagi, the Minister of Mineral Resources, Green Technology and Energy Security of Botswana, affirmed in Parliament a press release by the Liquidator for the BCL Group of Companies, stating that PNR was selected as the preferred bidder to acquire assets formerly owned by BCL.

PNR will now start an estimated six-month systematic due diligence program. During this period, PNR will complete an environmental assessment, a metallurgical study, a review of legal and social responsibilities, a review of the mine closure and rehabilitation plans and an on-site inspection of the legacy mining infrastructure and equipment that has been under care & maintenance. Concurrent with this due diligence program PNR will negotiate definitive agreements to finalize terms on the prioritized assets to be purchased.

PNR CEO, Keith Morrison commented, “The World, Botswana and the mining industry have changed dramatically since mining first started at the former BCL assets in the early 1970s. The nickel-copper-cobalt resources remaining at these mines are now critical metals, required for the continued development of a decarbonized and electrified global economy. As we move forward, it is our goal to demonstrate the potential economics of redeveloping a combination of the former BCL assets to produce Ni-Cu-Co and water in a manner that is inclusive of modern environmental, social and corporate governance responsibilities. To attain this, extensive upgrades to infrastructure will be required with an emphasis on safety, sustainability and the application of new technologies to minimize the environmental impact and total carbon footprint for the new operations. Our team remains committed to working with the local communities and all of the stakeholders throughout this period and we encourage anyone with questions or feedback to reach out to us directly.”

PNR continues to monitor the global Covid-19 developments and is committed to working with health and safety as a priority and in full respect of all government and local Covid-19 protocol requirements. PNR has developed Covid-19 travel, living and working protocols in anticipation of moving forward to on site due diligence. PNR is ensuring to integrate these protocols with the currently applicable protocols of The Government of Botswana and surrounding communities.

About Premium Nickel Resources Corporation

PNR is a Canadian company dedicated to the exploration and development of high-quality nickel-copper-cobalt (Ni-Cu-Co) resources. We believe that the medium to long-term demand for these metals will grow through continued global urbanization and the increasing replacement of internal combustion engines with electric motors. Importantly, these metals are key to a low‑carbon future.

PNR maintains a skilled team with strong financial, technical and operational expertise to take an asset from discovery to exploration to mining.

PNR has focused its efforts on discovering world class nickel sulphide assets in jurisdictions with rule-of-law that fit a strict criteria that comply with PNR’s values and principles which stand up against the highest acceptable industry standards. We are committed to governance through transparent accountability and open communication within our team and our stakeholders.

ON BEHALF OF THE BOARD OF DIRECTORS

Charles Riopel
Chairman of the Board
Premium Nickel Resources Corporation

For more information contact:

Premium Nickel Resources Corporation
130 Spadina Avenue, Suite 401
Toronto, Ontario, Canada M5V 2L4
[email protected]

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation concerning the business, operations and financial performance and condition of PNR. Forward-looking statements and forward-looking information includes, but is not limited to, statements about the ability of PNR to access capital, any spending commitments, the success of exploration activities, the future economics of minerals including nickel and copper, the benefits of the development potential of the properties of PNR, the benefits of drilling and advancement of projects. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. PNR disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Although PNR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:
Jakson Inwentash
Vice President Investments
[email protected] Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future investments by the Company. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

AGORACOM Small Cap 60: Sheldon Inwentash of ThreeD Capital $IDK $IDKFF Thinks Peak Fintech $PKK.ca $PKKFF Could Be A Moonshot $UPST

Posted by AGORACOM-JC at 1:32 PM on Tuesday, March 23rd, 2021
IDK-square-for-blog

VIDEO – ThreeD Capital $IDK $IDKFF NAV Climbs To $1.27 But Much More Expected To Come As “Teenage” and “Cub” Investments In The Portfolio Are Just Starting To Hunt $IP $IPNFF $MTRX $RACMF $PKK.ca $PKKFF $GMBL

Posted by AGORACOM-JC at 6:36 PM on Monday, March 22nd, 2021
IDK-square-for-blog

A lion pride grows by continually nurturing new blood.  While new cubs are born every year and are nurtured for growth, the teenagers are groomed to prepare to take over leadership from the old guard. 

In the case of ThreeD Capital (IDK:CSE / IDKFF:OTCQB), the company’s portfolio might be too young for any old guards just yet …. but teenagers like Esports Entertainment Group (NASDAQ), Peak Fintech Group (Imminent NASDAQ), Loop Insights (Global Partnerships) and ImagineAR (Global Partnerships) are maturing very nicely with their long leadership years still ahead of them according to Chairman Sheldon Inwentash. 

ThreeD Capital prides (pardon the pun) itself on discovering great companies before everyone else … and it casts a wide net to find the best of the best ranging from completely disruptive companies to junior resources and mining companies .  

More importantly, Inwentash’s championship investment style has netted billion dollar exits in the past simply because he isn’t afraid to invest and be patient for markets to catch up to his great early ideas.  Case in point, he points out how he was early into Esports Entertainment Group on the OTC, with the market only now catching up to it as an $18 NASDAQ stock …. that is set to go much higher in the next 2 -3 years. 

As such, it’s like and ETF for ground floor investments that small cap investors would either be unable to find (private) or unable to participate in (early round accredited investors) 

More than just lip service, his last company commanded a market cap north of $1 Billion at its peak and now he’s looking to recreate the same success with IDK – only faster given the great and fast growing technology companies he is investing in. 

Will he do it?  He’s off to a good start so far by quietly making investments over the past couple of years that are now starting to pay off, as seen by his recently reported NAV (Net Asset Value) of $1.27.   

But that NAV is just scratching the surface when you consider the fact his teens have just barely started their hunting phase and he’s adding new cubs just about every week as of late. 

Watch this great interview … because when the king of the jungle roars, every small cap investor should be listening.

ThreeD Capital Inc. $IDK $IDKFF Announces Completion of Private Placement with Birchtree Investments Ltd.

Posted by AGORACOM-JC at 5:24 PM on Friday, March 19th, 2021
IDK-square-for-blog

  • Announced that it has acquired 10,000,000 common shares of Birchtree Investments Ltd. at a price of $0.05 per share
  • In consideration, the Company has issued an aggregate of 434,782 common shares of the Company at a price of $1.15 per common share

TORONTO, March 19, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired 10,000,000 common shares of Birchtree Investments Ltd. at a price of $0.05 per share. In consideration, the Company has issued an aggregate of 434,782 common shares of the Company at a price of $1.15 per common share.

All securities issued and issuable in connection with the offering are subject to a statutory hold period expiring on July 20, 2021.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash
Vice President Investments
[email protected]
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

ThreeD Capital $IDK $IDKFF Acquires Securities of Windfall Geotek Inc. $WIN.ca $WINKF

Posted by AGORACOM-JC at 7:23 PM on Friday, February 26th, 2021
IDK-square-for-blog

  • Acquired ownership and control of an aggregate of 8,889,500 common shares and 1,000,000 common share purchase warrants

TORONTO, Feb. 26, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired ownership and control of an aggregate of 8,889,500 common shares (the “Subject Shares”) and 1,000,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Windfall Geotek Inc. (“Windfall”) through a series of transactions ending on February 19, 2021. The Subject Shares represented approximately 10.0% of all issued and outstanding common shares of Windfall as of February 26, 2021 immediately following the transaction described above (or approximately 11.0% on a partially diluted basis, assuming exercise of the Subject Warrants only).

Immediately before the transactions herein, ThreeD did not hold any securities of Windfall.

The Subject Units were acquired through a series of transactions. 1,000,000 Subject Shares and 1,000,000 Subject Warrants were acquired in a private placement and not through the facilities of any stock exchange for aggregate consideration payable of $60,000. The remaining Subject Shares were acquired in the open market through the facilities of the Canadian Securities Exchange for aggregate consideration payable of $1,972,691, or $0.25 per Subject Share. The holdings of securities of Windfall by ThreeD are managed for investment purposes, and ThreeD could increase or decrease their investments in Windfall at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.

The trade was effected in reliance upon the exemption contained in Section 2.3 of National Instrument 45-106 on the basis that ThreeD is an “accredited investor” as defined herein.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/756207-threed-capital-inc-acquires-securities-of-windfall-geotek-inc/messages/2305710#message

ThreeD Capital Inc. $IDK $IDKFF Announces DTC Eligibility of its Common Shares Trading in the United States $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:45 AM on Monday, February 22nd, 2021
IDK-square-for-blog
  • Now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States.
  • The Company’s common shares are traded on the OTCQB under the symbol “IDKFF”.

TORONTO, Feb. 22, 2021 — ThreeD Capital Inc. (the “Company” or “ThreeD”) (CSE:IDK) (OTCQB:IDKFF) is pleased to announce that the Company’s common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States. The Company’s common shares are traded on the OTCQB under the symbol “IDKFF”.

DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC services reduces costs and accelerates the settlement process for investors and brokers trading Canadian securities in the United States.

Sheldon Inwentash, CEO of ThreeD commented, “We are thrilled with obtaining DTC eligibility, as it represents an important step forward in increasing liquidity, broadening our shareholder base and building a strong presence for the Company within the US capital markets sphere.”

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash
Vice President Investments
[email protected]
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755784-threed-capital-inc-announces-dtc-eligibility-of-its-common-shares-trading-in-the-united-states/messages/2304695#message

VIDEO – ThreeD Capital $IDK $IDKFF First Monthly NAV Is Just The Beginning Of Exponentially Growing Portfolio $INTL.ca $CRL.ca $WUHN

Posted by AGORACOM-JC at 7:53 PM on Sunday, February 21st, 2021
IDK-square-for-blog

ThreeD Capital $IDK.ca $IDKFF Completes $375,000 Investment Into Intellabridge Technology Corporation $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:34 AM on Thursday, February 18th, 2021
IDK-square-for-blog
  • Announced a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

TORONTO, Feb. 18, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

The Company has acquired 2,500,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $375,000. Each Unit consists of one (1) common share of Intellabridge (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.45 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman & CEO of ThreeD Capital has also agreed to join Intellabridge’s Advisory Board.

“DeFi technologies provide peer-to-peer financial transactions without a middle entity such as a bank. Blockchains allow this to be done in transparent and trustless manner. Intellabridge is simplifying the process by which the average person can get exposure to DeFi and the high interest rates accompanied in yield finance to protect individuals against purchasing power erosion by inflation. Our investment in Intellabridge perfectly aligns with our vertical of and belief in blockchain and other decentralized technologies. I am very excited to join the Advisory Board and work with Intellabridge management,” said Sheldon Inwentash.

“We are very pleased to have Sheldon join our Advisory Board, with his experience at the intersection of blockchain, financial technologies and public markets. In particular, as we continue to build out our Advisory Board we welcome the support of ThreeD Capital. This represents an important step for Intellabridge as we continue to build relationships with strategic partners and investors,” explained Intellabridge CEO, John Eagleton.

Read more: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755583-threed-capital-completes-375-000-investment-into-intellabridge-technology-corporation/messages/2304184#message

ThreeD Capital Inc. $IDK.ca $IDKFF Makes $300,000 Investment Into Carl Data Solutions Inc. $CRL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 10:42 AM on Friday, February 12th, 2021
IDK-square-for-blog
  • Announced a $300,000 investment in Carl Data Solutions Inc. (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations
  • Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

TORONTO, Feb. 12, 2021- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $300,000 investment in Carl Data Solutions Inc. (“Carl”) (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations.

The Company has acquired 2,000,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $300,000. Each Unit consists of one (1) common share of Carl (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.25 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

Carl Data Solutions provides tools to model and predict the impact of environmental events. Using Carl’s cloud based core IT platform, Software as a Service (SaaS) applications, purpose built hardware arrays and custom data collection networks, Carl delivers end to end solutions for Industry and Government. Carl Data Solutions has invested millions of dollars into creating a technology that revolutionizes the way industries extract value from their data. Carl’s technology is now widely deployed by both Industry and Government to automate and organize data collection, storage and analysis. The demand for smart scalable solutions is growing rapidly with the explosion of new data from IoT devices. Carl is succeeding at answering the call for new ways to access and make sense of enormous amounts of data through Carl’s unique and disruptive technology.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755251-threed-capital-inc-makes-300-000-investment-into-carl-data-solutions-inc/messages/2303421#message