Agoracom Blog Home

Posts Tagged ‘small cap stocks’

B2B edtech platform #Classplus bags $9m in series A funding – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 1:23 PM on Tuesday, May 5th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

B2B edtech platform Classplus bags $9m in series A funding

  • India’s Classplus, an edtech firm that enables offline coaching institutes to take their businesses online, said it has raised US$9 million in a series A round led by early-stage VC firm RTP Global.

By: Miguel Cordon

India’s Classplus, an edtech firm that enables offline coaching institutes to take their businesses online, said it has raised US$9 million in a series A round led by early-stage VC firm RTP Global.

Existing investors Blume Ventures, Spiral Ventures, Strive, and Sequoia Capital India’s accelerator, Surge, also participated in the round, according to a statement.

Classplus co-founders Bhaswat Agarwal (left) and Mukul Rustagi / Photo credit: Classplus

Hundreds of thousands of offline tutoring units in India, commonly called coaching centers, act as the primary source of academic support for more than 70 million students taking private lessons in the country every year.

Classplus aims to digitize this market by helping tutors run all their communications, payments, assessments, and learning programs online on their smartphones. AD. Remove this ad space by subscribing. Support independent journalism.

Its mobile-centric solution also acts as a digital distribution platform for educational content and products, enabling tutors to set up ecommerce channels to make video content and online assessments available to students.

The startup said it plans to use the new funds to improve its technology and expand its product offerings. It also looks to bolster its product, engineering, and business teams as well as make strategic hires for some leadership roles to drive its expansion.

According to Mukul Rustagi, the co-founder and CEO of Classplus, India is home to the largest after-school tuition market globally. “As national examinations move online, so must after-school tuition practices […],” he added.

Rustagi, along with co-founder Bhaswat Agarwal, launched Classplus in 2018. Since then, the startup has served over 1 million students across more than 70 Indian cities, with upward of 3,500 coaching centers using its technology.

Source: https://www.techinasia.com/classplus-bags-9m

#EdTech firm Byju’s could become India’s second most valued startup – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 3:28 PM on Monday, May 4th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

EdTech firm Byju’s could become India’s second most valued startup

By Nitesh Kumar

  • Byju’s the Bengaluru-based ed-tech startup  has been through numerous rounds of valuations and this time around it is expected to raise upwards of $400 million in fresh capital at a $10 billion, reports suggest. 

What started off as a penchant for simple, yet effective teaching methods by Byju Raveendran, Founder of Byju’s, could now become India’s second most valued startup, if it manages to raise fresh capital.  

The startup has witnessed a marked increase in the app downloads and learners due to the ongoing nationwide Covid-19 lockdown. It had earlier received an investment from Tiger Global and General Atlantic that stood around $300 million to $350 million and was valued at $8 billion. 

Back in July 2019, Byju’s was valued at $5.75 billion when it raised $150 million from Qatar Investment Authority and Owl Ventures. 

If this fresh round of funding goes through, Byju’s would become the second most valued startup in India along with budget lodging startup Oyo which is also valued at $10 billion.  Paytm, the financial services firm had raised $1 billion at a $16 billion valuation late last year and currently holds the number one spot.

Industry watchers are suggesting that discussions are afoot though nothing has yet been finalised around the terms. Both Byju’s and Prosus Ventures have been silent about the reports that appeared in sections of the Indian media. 

There were reports that last month Byju’s witnessed 150% increase in traffic on its app and website while adding six million students to its platform during the same period.

Byju’s helps school-going kids understand difficult subjects by illustrating them using familiar objects like pizza and cake. Those pursuing undergraduate and graduate-level courses also learn on the platform.

At the moment, the edtech has over 35 million registered learners of which around 2.4 million are paid users.

Source: https://www.techradar.com/in/news/edtech-firm-byjus-could-become-indias-second-most-valued-startup

PyroGenesis Successfully Completes First Phase of Torch Modelling Geared to Reducing Greenhouse Gases for Major Iron Ore Pelletization Client $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 11:44 AM on Thursday, April 30th, 2020
  • Successfully completed the first phase of a multi-phase modeling contract aimed at evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing all existing fossil fuel burners with PyroGenesis’ plasma torches
  • All phases will be completed by the end of Q2 2020
  • Client is a multi-billion-dollar international producer of iron ore pellets, one of the largest in the industry, whose name will remain confidential for competitive reasons
  • Client has over 10 plants each requiring approx. 50 plasma torches
  • Each torch will generate up to $3M of revenue to PyroGenesis

MONTREAL, April 30, 2020 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that, further to its press release dated March 4th, 2020, it has successfully completed the first phase (the “First Phase”) of a multi-phase modeling contract aimed at  evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing all existing fossil fuel burners with PyroGenesis’ plasma torches. All phases will be completed by the end of Q2 2020. The client is a multi-billion-dollar international producer of iron ore pellets (the “Client”), one of the largest in the industry, whose name will remain confidential for competitive reasons. The Client has over 10 plants each requiring approx. 50 plasma torches.

This all important First Phase demonstrated that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torch (i) has absolutely no ancillary detrimental effects anywhere in the process or with the furnaces, (ii) results in significant greenhouse gas reduction while at the same time, (iii) projecting significant cost savings.

This contract consists of evaluating the performance of PyroGenesis’ proprietary torches in the Client’s industrial furnace. The First Phase results confirm that replacing fossil fuel burners with PyroGenesis’ proprietary  plasma torches will not have any detrimental effects on the Client’s process or their furnaces and, more importantly, will result  in a CO2 reduction in excess of 350,000 tons per year per plant (which is equivalent to removing 76,000 cars1 from the road), while at the same time projecting significant cost savings.  The Client has over 10 plants, each requiring approx. 50 torches.  Each torch will generate up to $3M of revenue to PyroGenesis. The subsequent modelling phases will further quantify the benefits of transitioning to plasma.  All phases will be completed by the end of Q2, 2020.

“This is a very significant development with a very significant player in the industry,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “We have effectively demonstrated that by using our proprietary plasma torch to replace the environmental damaging fossil fuel burners, not only will there be a significant reduction in greenhouse gases but there will also be significant cost savings (avoiding future carbon taxes alone is noteworthy), and all without any detrimental effect anywhere in the process.  How many process changes can boast of that trifecta?”

Pelletization is the process in which iron ore is concentrated before shipment, thus significantly reducing the cost of transportation. In conventional technologies, the process heat is provided by fuel oil or natural gas burners (both environmentally damaging). The combustion, in the burners, of fossil fuels results in the production of greenhouse gases, mainly CO2. Plasma torches, by contrast, utilize renewable electricity and as such offer an environmentally attractive alternative to fossil fuel burners.

“Since our success with RISE, noted in our press release dated March 4th, 2020, most major iron ore pelletization producers have reached out to us, as have several producers from the metallurgical industry,” said Mr. Pascali. “This has resulted in several modelling proposal requests, however, what I find most exciting is that in recent weeks the interest in our torch capabilities has also come to include significant steel producers, and these discussions have been moving forward at a rapid pace as well.  All this interest is from producers that use natural gas and heavy fuel oil burners and want alternatives to help them meet greenhouse gas reduction targets/policies. We find that the proposition to reduce greenhouse gases emissions, and avoid carbon taxes, with a simple bolt-on replacement of their current environmentally damaging fossil fuel burners, is too compelling to resist.  That, combined with the environmental pressure these industries are currently under (only recently a new trend has emerged where financial institutions are tying credit facilities and debt issuances to carbon reduction targets for multi-national industrial and mining conglomerates), has generated a wave of interest and proposals.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 and AS9100D certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

For further information please contact:
Rodayna Kafal, Vice President Investors Relations and Strategic Business Development
Phone: (514) 937-0002, E-mail: [email protected]

#Mhealth Study to Test Cardiac Effects of Potential COVID-19 Treatment – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 9:35 AM on Friday, April 24th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Study to Test Cardiac Effects of Potential COVID-19 Treatment

A French study will use a smartwatch and mHealth platform to monitor ECG data from COVID-19 patients being treated with hydroxychloroquine, a potential therapy for the Coronavirus but one that may have serious side effects.

  • An mHealth study being launched in France will use an mHealth wearable to monitor cardiac activity in COVID-19 patients being treated with hydroxychloroquine and azithromycin, a drug therapy eyes as a potential treatment for the Coronavirus.

Source: ThinkStock

By Eric Wicklund

April 22, 2020 – An mHealth study being launched in France will use an mHealth wearable to monitor cardiac activity in COVID-19 patients being treated with hydroxychloroquine and azithromycin, a drug therapy eyes as a potential treatment for the Coronavirus.

Researchers at the University Hospital of Marseille will be using a smartwatch develop by Withings and integrated with an AI-based mHealth platform developed by Boston-and-Paris-based Cardiologs. The platform is designed to remotely monitor a user’s ECG data for QT prolongation.

“A significant QT prolongation can lead to ventricular arrhythmia and potentially deadly consequences” Laurent Fiorina, a cardiologist at the Institut Cardiovasculaire Paris Sud (ICPS) and Cardiologs executive who helped launch the study, said in a press release. “It is thus important to closely monitor the QT interval during this treatment.”

“The objective of our study is to evaluate a new method for QT measurement using Cardiologs’ AI-based solution and ECG data collected via smartwatches,” added Professor Jean-Claude Deharo, head of the cardiac arrhythmia department at the University Hospital of Marseille and the principal investigator of the study. “Smartwatches are already used in the clinical setting but do not have validated QT analysis available. Combining these technologies will enable clinicians to overcome the practical limitations in the context of COVID-19 of the standard cardiac safety strategy that requires heavy patient interaction.”

Often used to prevent or treat malaria caused by mosquito bites, hydroxychloroquine has be held up by several people – including President Donald Trump – as a potential means of treating the Coronavirus. But many in the healthcare industry have pointed out the drug’s potentially dangerous side effect.

Researchers are hoping to determine whether the treatment does pose a threat to a patient’s health – and whether this platform can be used in other non-COVID-19 treatments.

“This study has implications for risk management of drug-induced cardiotoxicity, even beyond the current COVID-19 and hydroxychloroquine context,” Professor Jag Singh, a cardiologist at Massachusetts General Hospital, Professor of Medicine at Harvard Medical School and scientific advisor to Cardiologs, said in the press release. “Personal ECG sensors could potentially find a role in the management of these patients, but also add value in other routine clinical care, since over 300 commonly used drugs may have similar QT-prolongation risks as hydroxychloroquine.”

Source: https://mhealthintelligence.com/news/mhealth-study-to-test-cardiac-effects-of-potential-covid-19-treatment

Impact of #Coronavirus on Education in India – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca #Edtech

Posted by AGORACOM-JC at 3:23 PM on Thursday, April 23rd, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Impact of Coronavirus on Education in India

  • EDtech reform at the national level that is an integration of technology in the present Indian education system
Coronavirus pandemic has significantly disrupted various sectors in India including oil and gas, automobiles, aviation, agriculture, retail, etc. We can’t ignore that hardly a sector would remain unaffected by the crisis. The impact may be more or less. Same is with the education sector in India. Let us find out the impact of coronavirus on education in India with some possible solutions.

By: Shikha Goyal

Impact of Coronavirus on Education in India

As we know that due to coronavirus pandemic the state governments across the country temporarily started shutting down schools and colleges. As per the present situation, there is an uncertainty when schools and colleges will reopen. No doubt, this is the crucial time for education sector because entrance tests of several universities and competitive examinations are held during this period. Along with them how can we forget about board examinations, nursery school admissions, etc?

The immediate solution of coronavirus is necessary or if like these days pass then closure of schools and colleges does not even have short term impact in India but can even cause far-reaching economic and societal consequences. Let us tell you that due to the closedown of educational institutes it is estimated to affect around 600 million learners across the world. Remember here we are talking about the school going students.

First, let us see what all educational institutions are doing to fight against COVID-19.

Measures taken by the educational institutes are as follows:

– Closed schools

– Postponed or rescheduled the examinations

– Cleaning and sanitisation of premises.

– Consideration of long term uncertainty etc.

What is the impact of coronavirus on gold prices in India?

Education sector: Impact and concern during COVID-19

– As discussed above, all major entrance examinations are postponed including engineering, medical, law, agriculture, fashion and designing courses, etc. This situation can be a ringing alarming bell mainly in private sector universities. Maybe some faculties and employees may face salary cuts, bonuses and increments can also be postponed.

– The lockdown has generated uncertainty over the exam cycle. May be universities may face impact in terms of a slowdown in student internships and placements, lower fee collection that can create hurdles in managing the working capital.

– Another major concern is that it can affect the paying capacity of several people in the private sector, which is catering to a sizeable section of the students in the country.

– Student counselling operations are also affected.

– Several institutions may pause faculty hiring plans for existing vacancies which in turn affect quality and excellence.

– Structure of schooling and learning includes teaching and assessment methodologies and due to closure, it will be affected.

– Technology may play an important role in the lockdown period like study from home and work from home. In India, some private schools could adopt online teaching methods. Low-income private and government school may not be able to adopt online teaching methods. And as a result, there will be completely shut down due to no access to e-learning solutions. In addition to the opportunities for learning, students will also miss their meals and may result in economic and social stress.

– Higher education sectors are also disrupted which again pave an impact on the country’s economic future. Various students from India took admissions in abroad like the US, UK, Australia, China etc. And these countries are badly affected due to COVID-19. Maybe there is a possibility that students will not take admissions there in future and if the situation persists, in the long run then there will be a decline in the demand for international higher education also. Isn’t it!

– Another major concern is employment. Students those have completed their graduation may have fear in their minds of withdrawal of job offers from the corporate sector due to the current situation. The Centre for Monitoring Indian Economy’s estimates unemployment shortage from 8.4% in mid-March to 23% in early April. In the urban unemployment rate is 30.9%.

We can’t ignore that technology plays a crucial role in the educational system and the demand for the current situation is this only.

Possible alternatives or solutions for interrupted education during COVID-19

– With the help of power supply, digital skills of teachers and students, internet connectivity it is necessary to explore digital learning, high and low technology solutions, etc.

– Students those are coming from low-income groups or presence of disability, etc. distance learning programs can be included.

– To provide support for digitalisation to teachers and students.

– The necessity to explore digital learning platforms.

– Measures should be taken to mitigate the effects of the pandemic on job offers, internship programs, and research projects.

– EDtech reform at the national level that is an integration of technology in the present Indian education system.

We can’t ignore that at this time of crisis effective educational practice is needed for the capacity-building of young minds. Central Government and State need to take some measures to ensure the overall progress in the country. Time never wait, this tough time will also pass. Till then stay safe, stay at home!

Source: https://www.jagranjosh.com/general-knowledge/impact-of-coronavirus-on-education-in-india-1587642880-1

How Geopolitics Are Influencing The #Edtech Market – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 2:30 PM on Wednesday, April 22nd, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

How Geopolitics Are Influencing The Edtech Market

  • EdTech market is already quite robust and healthy from a fiscal standpoint, and its foothold in the educational world is only going to increase as the years go on
  • With EdTech booming all over the world, and exponentially in growing powers such as China and India, there is a wave of geopolitical maneuvering which is cresting alongside the increased proliferation of educational technology

By Matthew Lynch

The EdTech market is already quite robust and healthy from a fiscal standpoint, and its foothold in the educational world is only going to increase as the years go on. With EdTech booming all over the world, and exponentially in growing powers such as China and India, there is a wave of geopolitical maneuvering which is cresting alongside the increased proliferation of educational technology.

The global demand for the newest educational technology is shifting the balance of power in interesting ways. With a noted entrenchment and stagnation in enrollment numbers and EdTech investment in the United States, companies are looking globally to expand their footprints and build their clientele. 

With that, the specter of geopolitical power struggles looms large as emerging markets look to take the lead in the EdTech sector.

The United States Is In Danger Of Falling Behind 

While the United States educational technology market isn’t flagging in the slightest, it’s reached a plateau when it comes to spending and demand for enrollment. Projections for American enrollment numbers in online learning courses are remarkably conservative considering the rapid rise of EdTech. 

In addition, spending by United States companies on educational technology seems to be stuck in neutral. Spending has capped in the $1.0 billion to $1.6 billion range over the past five years. It’s not expected to exceed that anytime soon.

This noted stagnation has opened the door for the aforementioned emerging markets, such as India and China, to take the reins of the Ed Tech boom. And seeing that educational technology is only going to grow exponentially by all measures over the next couple of decades, this gives those markets a unique geopolitical upper hand that they may not have had prior.

Is The Balance Of Geopolitical Influence Set To Shift?

Per a report by the folks over at HolonIQ, 70% of the global investment in education technology over the past 12 months has come from just two markets – India and China.

Furthermore, four of the five biggest educational technology deals over the past 12 months happened in China. There are no signs of an impending slowdown, either.

According to the HolonIQ report, “the US and Europe will steadily lose ground to China and India” over the course of the next two decades in regards to control of the educational technology market.

This falls in line with a number of other promising fiscal trends in China and India. There’s an influx of new money in both of these markets and a solid chunk of it is going into educational technology.

With that influx, China and India are bound to gain key geopolitical influence when it comes to both the quality of education of their citizens and the undeniable link between fiscal strength and geopolitical power.

Concluding Thoughts

The rise of emerging markets, such as China and India, is extremely apparent in the shift of power with the educational technology sector. The healthier these markets become, the more likely they will be to increase their dominance in the EdTech sector.

And with EdTech becoming an integral sector to the health of the global economy and the citizens contributing to that, the link between EdTech influence and geopolitical power is only set to strengthen.

Source: https://www.thetechedvocate.org/how-geopolitics-are-influencing-the-edtech-market/

Nickel prices jump after Vale trims output target – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:15 PM on Monday, April 20th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black

Nickel prices jump after Vale trims output target

  • Vale cuts 2020 output for nickel, copper
  • “Vale’s cut to production has supported the market but mines closing production is not too new as we knew some mines would shut,” said Commerzbank analyst Daniel Briesemann.

By Zandi Shabalala

LONDON, April 20 (Reuters) – Nickel prices jumped to their highest in more than a month on Monday after mining company Vale slashed its annual output target for the stainless steel ingredient due to the impact of the coronavirus pandemic.

Benchmark nickel on the London Metal Exchange (LME) was 4% higher at $12,520 per tonne at 1600 GMT, after earlier jumping to its highest since March 13 at $12,535.

“Vale’s cut to production has supported the market but mines closing production is not too new as we knew some mines would shut,” said Commerzbank analyst Daniel Briesemann.

“The negative impact of the virus is more severe for the demand side and the market could be well oversupplied this year.”

Vale, one of the world’s top producers of nickel, cut its 2020 production forecast for the metal to 180,000-195,000 tonnes from 200,000-210,000, excluding its unit in New Caledonia, because of the impact of the novel coronavirus outbreak.

Japan’s Sumitomo Corporation has also shut down output at a nickel mine in Madagascar while major nickel producer the Philippines closed some of its mines to curb transmission of the virus.

CHINESE DEMAND: Demand for nickel picked up slightly in March as China reopened its economy. Stainless steel futures surged as much as 4.4% on Monday.

2020 BALANCE: Despite the mounting supply cuts, a Reuters poll showed that the nickel market is expected to be in surplus of 89,000 tonnes this year.

CHINA ECONOMY: China, the world’s top metals consumer, cut its interest rate for a second time after its economy contracted for the first time in decades. The move – which was widely expected – is aimed at cushioning the world’s second largest economy against the impact of the coronavirus.

COPPER SMELTING: Global copper smelting slid in March, driven by shutdowns in China but started to recover at the end of the month, according to an index based on satellite surveillance of copper plants.

ALUMINIUM INVENTORIES: Aluminium stocks in LME-registered warehouses soared 46,275 tonnes, helping to lift inventories available to the market to 1.18 million tonnes which is the highest since Dec. 20. MALSTX-TOTAL

SPREAD: The discount of LME cash aluminium to the three-month contract CMCU0-3 was at $37.75 a tonne, reflecting expectations for oversupply.

Read More: https://www.reuters.com/article/global-metals/metals-nickel-prices-jump-after-vale-trims-output-target-idUSL4N2C82C3

betterU $BTRU.ca & OttoLearn Join Forces to Quickly Deploy Critical COVID-19 Resources $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 1:07 PM on Monday, April 20th, 2020
  • As COVID-19 spread around the world, its speed was surpassed only by the rapid transmission of misinformation.
  • betterU Ready-To-Go COVID-19 toolkit is available, free, to anyone with an internet-connected device. betterU is building and maintaining the content, and OttoLearn is providing free usage licenses

By: Pamela S. Hogle

In the wake of disruption to education, business, and leisure, threats to the health and lives of millions of people, betterU CEO Brad Loiselle knew he had to do something.

He needed a platform to deliver vetted, accurate information, including text and video resources, to users of all ages, anywhere in the world. It had to be mobile-first, and it had to be available in multiple languages. 

betterU had started working with OttoLearn in 2019 to create and distribute corporate training globally. That’s how Loiselle knew that OttoLearn was the right tool to get accurate information on COVID-19 into people’s hands, fast.

OttoLearn & betterU deliver free COVID-19 toolkit

Ottawa-based betterU is a multilingual digital learning powerhouse, with a library of educational and training content, Ready-To-Go, that comprises training for dozens of industries. With betterU customers and learners spanning the globe, Loiselle knew that his company was ideally positioned to make a difference.

In 2019, Loiselle had searched for a scalable platform to upskill millions of workers in India, in multiple languages. He needed to provide mobile eLearning without requiring complicated individual integrations for each customer.

Extensive research on eLearning platforms from vendors around the world led Loiselle to his own backyard — Winnipeg-based eLearning experts at Neovation Learning Solutions and their OttoLearn Agile Microlearning platform. OttoLearn’s mobile-first multilingual platform was a perfect fit for betterU’s needs. 

“I can say this confidently — it’s the most comprehensive resource toolkit that exists today. I haven’t seen anything out there so far that has brought together so many elements to support so many different people.” — betterU CEO Brad Loiselle

With OttoLearn’s rapid content building, it took Loiselle and a colleague only a week to create  a comprehensive COVID-19 toolkit.

The betterU Ready-To-Go COVID-19 toolkit is available, free, to anyone with an internet-connected device. betterU is building and maintaining the content, and OttoLearn is providing free usage licenses.

“I was thrilled to partner with Brad and betterU to quickly bring this vital resource to users globally — at their moment of greatest urgency.” — Neovation Learning Solutions CEO Dan Belhassen

Essential information at users’ fingertips

As of early April, the resource kit was already available in six languages, with 14 more in the works. Loiselle made sure the content was accessible to all users — the toolkit even includes video resources that feature sign-language interpretation.

“The great thing about [OttoLearn] is it has the ability to convert text-based information into different languages. It’s a huge advantage.” — betterU CEO Brad Loiselle

The COVID-19 toolkit covers multiple “tracks” or types of information, including:

  • Updates, charts, and directives from governmental and international organizations, such as the World Health Organization, the World Economic Forum, and country-by-country resources
  • Factual information about COVID-19, its spread, and its symptoms and self-care
  • Work-from-home resources, such as videoconferencing links and tutorials
  • Online learning and life-at-home resources, from exercise to guidance on avoiding feelings of isolation
  • Age-appropriate information and resources for children
  • Fun resources, ranging from songs to games and puzzles
  • A comprehensive collection of all Canadian resources, assistance, government aid, including resources for indigenous communities

Some of the resources are static, while other links update in real-time to ensure accurate and current information about COVID-19. Content includes text, links, maps and infographics, videos, games, and more.

The curated content easily enables any user to quickly find related, relevant, factual information, from trusted and reliable sources — on demand and on any mobile device.

OttoLearn makes it possible

The COVID-19 toolkit showcases Otto’s abilities to rapidly create, deploy, and update information-rich content.

Key features that helped Loiselle build and deliver the COVID-19 toolkit in record time include:

  • Rapid building of multimedia knowledge cards to provide factual content and links
  • AI-based multilingual translation
  • Mobile-first, desktop friendly delivery
  • Ability to update content in real time
  • Instantly scalable to unlimited users
  • Responsive & skilled support team at Neovation

Loiselle also cited Neovation’s culture as a huge advantage: “Your company is so collaborative … I love your company.”

Source: https://www.ottolearn.com/post/122-quickly-deploy-critical-covid-19-resources?utm_source=Mailchimp&utm_medium=email&utm_campaign=BetterU&utm_source=OttoLearn+Communications+Master+List&utm_campaign=c013010f3b-EMAIL_CAMPAIGN_2020_04_17_02_01_COPY_01&utm_medium=email&utm_term=0_fb97458567-c013010f3b-178370649

PyroGenesis $PYR.ca Confirms Additional Payment of $1.4M Towards $25M+ DROSRITE™ Contract $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 1:52 PM on Thursday, April 16th, 2020
  • Announced that further to its press release dated March 24th, 2020, the second payment of approx. $1.4M has already been received under the exclusive contract with Drosrite International LLC
  • “Due to an unprecedented number of inquiries received from investors, we decided to confirm receipt of the second payment of $1.4M noted in this press release,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis

MONTREAL, April 16, 2020 — PyroGenesis Canada Inc. (http://www.pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, in response to an extraordinary volume of inquiries with respect to the subject matter, is pleased to announce that, further to its press release dated March 24th, 2020, the second payment of approx. $1.4M has already been received under the exclusive contract with Drosrite International LLC (“DI”).

“Due to an unprecedented number of inquiries received from investors, we decided to confirm receipt of the second payment of $1.4M noted in this press release,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “We would also like to confirm that additional payments are being processed as anticipated and that, as per DI’s press release dated January 27th, 2020, work has already begun. I would also like to take this opportunity to further emphasize to readers that in general, notwithstanding receipt of payments, revenues and expenses are based on percent completion and not receipt of payments.”

As previously disclosed, and as part of this exclusive arrangement between DI and PyroGenesis, DI will pay PyroGenesis approximately $25M, based on current exchange rates, over the first 12 months as well as approx. $3M per year (fixed) for the next two (2) years, together with a variable amount for the subsequent 18 years based on certain international benchmarks.

About Drosrite International LLC

DI is a US based private company duly constituted and existing under the laws of the State of Delaware, providing state-of-the-art waste management technologies to the aluminum industry. DI is duly licensed by PyroGenesis to manufacture, market, sell and distribute DROSRITE™ systems and technology to the Kingdom of Saudi Arabia, and certain other countries in the Middle East, on an exclusive basis. All DROSRITE™ systems supplied by DI are manufactured in the USA.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 and AS9100D certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

For further information please contact:

Rodayna Kafal, Vice President Investors Relations and Strategic Business Development,
Phone: (514) 937-0002, E-mail: [email protected]

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

Significance Of Upskilling & Reskilling To Overcome #Covid19 Crisis #Edtech SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:17 AM on Wednesday, April 15th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Significance Of Upskilling & Reskilling To Overcome Covid-19 Crisis

  • While the aftermath of the Covid-19 pandemic saw a partial – or even complete – lockdown at several places across the globe, people have been reorienting their lives indoors.
  • Just as Covid-19 has been reshaping education with a grand global experiment in remote learning, so have businesses adapted by shifting operations online.

By: Anu Thomas

However, some companies are creaking under pressure with these sudden changes. While this has meant job cuts in some enterprises, others are either delaying key operations or deferring hiring plans. With no end – or certainty – in sight, it necessitates that professionals turn these circumstances into opportunities to upskill.

This can be made possible with the effective use of technology, and signals a massive chance for edtech providers and online career marketplaces to reinvent learning to meet the needs of a new economy. Upskilling For The Future Of Work

According to MD of Udemy India Irwin Anand, in addition to Covid-induced uncertainty around the future of jobs, advanced technology and the impact of globalization also demands that professionals prioritize learning.

“Learning is the new currency that can help us succeed as a workforce,” says Anand. “At a time of unprecedented change and heightened concern around recent events, the most important job skill would be the ability to learn,” he adds.

With an oncoming recession and economic downturn strongly anticipated, it is critical to pay heed to warning signs that your job may be at risk. Bolstered by an automation boom and ever-changing technological landscape, the shelf life of skills have shortened. To remain employable in such competitive times, people need to upskill themselves. Also Read  Pros & Cons Of Choosing A Career In Data Science

Given this huge clamour for upskilling – especially since the Covid-19 pandemic took root – edtech companies have been offering more industry-ready courses. Additionally, they have launched both short-term and long-term courses on emerging technologies like AI, ML and data science for professionals looking to take advantage of a job market anchored around these new technologies.

“We are seeing increased demand across every segment of users – from individual learners, to repeat instructors, to employees learning for their jobs since the pandemic began,” says Anand.

Nudged by current circumstances and buoyed by trends including freelancing and technology disruption, the labour market is poised to be transformed and usher in a talent economy. 

ALSO READ: Addressing India’s Reskilling Challenge

Accelerant To Digital Transformation 

Whether you are a digital novice or fairly comfortable with technology, there cannot be a better time for you to dive deep into technologies, and upskilling can help in this digital transformation with the use of new applications. This will also help you ease into working remotely – another direction the changing landscape of work is moving towards.

With the Covid-19 pandemic heralding increasing pay cuts and furloughs, most companies also do not have the budget for additional training. And with work processes changing, so have capabilities and expectations of employees to adjust to this scenario as fast as possible by taking ownership of their own learning.

This means that a lot of upskilling needs to happen to digitally transform oneself, especially in these times.

Online Learning Trends Amid Covid-19

As mentioned earlier, a clutch of edtech players and e-career companies have witnessed a jump in new registrations since the outbreak of the virus. Online career marketplace Shine Learning has seen a massive surge for online course takers over the last few weeks. Also Read  Top Analytics Job Openings in India At The Moment

According to the firm, there has been a sharp rise in the number of users choosing to upskill themselves in courses like data science, blockchain, and machine learning. “With remote working increasingly becoming the norm, we may see more demand for specific talent in this field,” says CEO of Shine Learning, Zairus Master. “Moreover, with more time and fewer entertainment options at their disposal, this is an opportune time for people to upskill themselves,” he adds. 

Edtech players like Upgrad, Udemy and Simplilearn are also capitalizing on increased demand. Udemy recently released the Udemy Free Resource Center – a curated collection of more than 150 free Udemy courses – to help learners upskill themselves. What is more, it also has courses and resources especially targeted at professionals for them to learn how to adapt to remote work and how to search for a job. And while there has been demand for all kinds of skills, one subset in the realm of new technologies has been piquing the interest of learners.

“Data science has emerged as one of the top five topics users on Udemy choose to learn,” says Anand. “We have seen double-digit growth in learning globally as well as in India as people spend the majority of their time working remotely,” he adds.

ALSO READ: Why This Is The Right Time To Learn New Data Skills Amid Covid-19

Outlook

Accepting that everything is not under our control, we need to learn how to adapt to situations. And the fastest way to adapt is to be prepared through upskilling by making learning a lifelong commitment. Also Read  Analytics courses that are most in demand today

Covid-19 could be a tipping point for learning – and working – as we know it. With virtual learning emerging as a one of the best practices in our quest to self-learn, we need to constantly keep ourselves updated on new applications and smart devices to smoothly transition into a post-Covid digital world.

Source: https://analyticsindiamag.com/significance-of-upskilling-reskilling-to-overcome-covid-19-crisis/