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Star Navigation $SNA.ca Announces MEDEVAC Agreement with Airmedic Inc.

Posted by AGORACOM-JC at 7:20 AM on Monday, July 8th, 2019
Sna
  • Entered into a multi-pronged cooperation agreement with Airmedic Inc.
  • Consisting of the integration of Star’s STAR-ISAMM™ System into the operations of Airmedic’s expanding helicopter and fixed-wing based Emergency Medical System Services.

TORONTO, July 08, 2019 – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”) announces that the Company has entered into a multi-pronged cooperation agreement with Airmedic Inc., consisting of the integration of Star’s STAR-ISAMM™ System into the operations of Airmedic’s expanding helicopter and fixed-wing based Emergency Medical System (“EMS”) services.

The parties will subsequently extend their cooperation to the STAR-LSAMM™ System for ground ambulances, eventually providing a complete and seamless electronic medical transport system.

Star and Airmedic will be offering the STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services (“HEMS”) system. STAR-ISAMM™ interfaces with existing bio-medical monitoring equipment on-board. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians, while at the same time providing tracking, location, and Estimated Time of Arrival of the vehicle. The patient, upon arrival at the aircraft, becomes part of the care environment, well before reaching the hospital.

J-L Larmor, V.P. Corporate Development at Star, said:

“The STAR-ISAMM™ and STAR-LSAMM™ Systems provide a unique opportunity to increase the efficiency and quality of EMS services over vast regions, as well as locally, whether air- or ground-based. We are extremely happy to enter into this new collaboration with an experienced and innovative airborne EMS specialist. In addition, the growing Airmedic fleet is based on excellent aircraft and helicopters that play a major role in the EMS market sector.”

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® and of the STAR-ISAMM™ Systems. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from C-130 aircraft, to Sikorsky and Agusta Westland helicopters, as examples.

Stars’ subsidiary, Star-Isoneo Inc., is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR-LSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.

About Airmedic Inc.:

Airmedic is the only private company in Quebec that operates its own airplane and helicopter fleet exclusively dedicated to providing emergency medical services and inter‑hospital transport. It operates a state-of-the-art Emergency Call Centre 24/7/365 thanks to the commitment of its 150 specialized employees. Its emergency medical team’s mission is to provide rapid response and care to all Airmedic members by providing plane and helicopter transportation to the nearest appropriate medical facility. It is the first company offering emergency airborne medical services to obtain Transport Canada certification authorizing night flight thanks to its night vision goggles.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or contact

Jean-Louis Larmor, V.P. Corporate Development of STAR and President of Star-Isoneo Inc.  (514) 290 – 1919

[email protected]

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ThreeD Capital Inc. $IDK.ca – 4 #crypto trends for the next 5 years $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:04 AM on Thursday, July 4th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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4 crypto trends for the next 5 years

Not long ago, only a handful of accountants dealt in cryptocurrency. Now, just a few years later, every major financial news outlet dedicates a portion of its coverage to crypto. Times have changed quickly, so what will the crypto accounting industry look like in five years and beyond?

Consider the following four trends in crypto accounting and how they will affect CPAs.

1. Increased automation

  As cryptocurrencies further infiltrate the public consciousness, traditional accounting services will automate more of their work to keep up with the increased workload. Spreadsheets work well enough for fiat transactions, but in the volatile crypto environment, static tools can’t effectively serve anyone with a serious investment in alternative currencies.

Average consumers today can do their taxes online through services like TurboTax and H&R Block. Businesses and complex individual situations require personalized care, but standard programs can handle the load for most people. Tax programs don’t need to offer advanced functionality just yet — a few equations on the back end do a fine job.

But cryptocurrencies make things more complicated. Accountants need automated tools to track increased crypto complexity, like cost basis. Without smarter software, experts in the financial services industry won’t be able to keep up with higher sophistication at scale. Tax software providers will eventually offer new and highly automated services for crypto investors, and consumers will pay for those services using their crypto investments.

AI accountants

Accounting experts will use smarter tools to help their corporate clients and major investors make better decisions. But the public won’t need real accountants for their simple crypto investments; they’ll simply turn to artificial intelligence tools that minimize human interaction in most accounting scenarios.

The future will see consumers interact with intelligent AI, machine learning, and bots capable of natural language processing. Challenging concepts like crypto cost basis, which can confuse even the sharpest accountants, pose little threat to intelligent software. Accountants will still have a place in the world, but their duties will evolve drastically as crypto demands bring widespread change in the financial industry.

Not everyone will feel comfortable doing taxes through AI. Accountants will need to lean on automated tools of their own to keep pace, but enterprise clients, heavy investors, and people suspicious of advanced tech will continue to prefer the human touch. With more money going toward nicer tools and less money going toward human intermediaries, accountants must specialize and adapt to stay relevant.

3. Knowledge enrichment

  Schools and universities will soon offer programs and specialty courses to educate future accountants, bookkeepers, and CPAs on the intricacies of crypto. Few schools today offer such services, but the more prominent cryptocurrencies become, the greater the need will be for new accountants to understand the rules of digital currency.

Some businesses already offer services to certify accountants as crypto tax experts, but schools will remain the top trainers in the accounting world. By educating students before they begin their careers, universities can prepare graduates to operate effectively in an industry with broad new responsibilities and expectations. Businesses and crypto organizations will need new accountants who understand their evolving needs.

For accountants already out of school, options for continuing education will evolve from useful to essential. More crypto trading means more crypto investors and crypto companies. Those entities need experts who understand the cryptocurrency landscape. If experienced accountants fail to adapt, fresh faces will gladly take the business.

4. Updated regulatory standards

Where crypto regulation used to be nonexistent, legislators have actually made some limited progress. The SEC now has more oversight to shut down illicit initial coin offerings (ICOs), and the IRS clarified that cryptocurrencies are property, not currency — at least for now.

But the more that crypto changes, the more regulations will change with it. Every business that deals with cryptocurrency will encounter newer, more robust laws in the years to come. Soon every company and project that deals with crypto will need an accountant (or accounting service) with crypto experience to help navigate the unknown.

As new laws get passed, businesses will invest more heavily in smarter crypto accounting solutions. Artificial intelligence and machine learning will do the heavy lifting while human accountants interpret that data to help executives make smarter business decisions. More technology startups will emerge to cater to this growing audience. Before long, crypto accounting will become an industry unto itself.

These changes may seem like far-off concerns for another year, but crypto accounting — like cryptocurrencies themselves — moves quickly. Expectations and the tools to meet them become more complex and sophisticated each day. Accountants must stay vigilant to keep up with the times, or they risk losing ground to a new generation of crypto-savvy competitors.  

Source: https://www.accountingtoday.com/list/4-cryptocurrency-trends-for-the-next-5-years

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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – 4 #crypto trends for the next 5 years $HIVE.ca $BLOC.ca $CODE.ca

ThreeD Capital Inc. $IDK.ca – Is #Google $GOOG Chasing The 90% Potential Of #Blockchain That #Facebook $FB Left Out? $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:46 AM on Tuesday, July 2nd, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Is Google Chasing The 90% Potential Of Blockchain That Facebook Left Out?

  • Regardless of your viewpoint on Facebook’s Libra program, it’s a significant stepping stone for the adoption of cryptocurrency
  • Facebook has it is repertoire a bank of over two billion users who will soon be exposed to the world of tokens and cryptocurrency

Darryn Pollock Contributor

Regardless of your viewpoint on Facebook’s Libra program, it’s a significant stepping stone for the adoption of cryptocurrency. Facebook has it is repertoire a bank of over two billion users who will soon be exposed to the world of tokens and cryptocurrency.

However, outside of tokenomics, there is a lot more power in the blockchain, especially in regards to smart contracts. Thus, a recent partnership between Google and Chainlink, a company that provides on ramps and off ramps for information necessary to run smart contracts, may hint at Google wanting a bigger slice of the pie.

So far in the blockchain and cryptocurrency space, it has been tokens that have dominated in terms of usefulness. Bitcoin, as a prime example, is a blockchain token that has shown the most application, and garnered the most excitement from individuals.

This tokenized economy opens massive doors in terms of the transfer of value without the need for intermediaries, or the handbrake that banking regulations bring in, but it is only one piece of the pie.

In this nascent space, there are tokens, and then there is the blockchain proper with its smart contract applications offering huge potential. For enterprises and business, smart contracts offer far more than tokens can – but tokens are far more attractive for individuals.

Facebook, as a company serving individuals, is looking at taking tokens forward, but Google may well be looking to the enterprises. By honing in on smarter smart contracts, Google could well be tapping into the other 90 percent of blockchain’s potential.

Looking to make smart contracts smarter

Google’s decision to partner with Chainlink allows for Ethereum app builders using Google software to be able to integrate data from sources outside the blockchain.

Chainlink offers a service called an oracle to integrate additional data into on-chain smart contracts. This adds another layer to the capabilities of these contracts, allowing processes to be implemented directly on the blockchain.

Essentially, the smart contracts are being made a lot smarter as the data used to execute can be integrated from more than just within the blockchain. It is a small step for Google, but it could be hinting at their general heading in the blockchain space.

Chainlink CEO, Sergey Nazarov, spoke to Forbes about the value of smart contracts in the blockchain space.

“Our space is stuck in two dimensions. One is that we are really focused on tokens because tokens are the only real functionality blockchains have, to date,” Nazarov said.

“It is very useful functionality, and from the amount of attention that one simple piece of functionality has gotten, it says a lot of really positive things about what other contracts can be viewed as.”

“Tokens are the email of our space, and I think all the other applications require a certain amount of infrastructure. The idea is that to build useful applications we need to be able to connect them to what they need to consume, and what they need to generate.”

“So, for the people at Google, they are looking at the two directions. One direction is heavy tokens, which is fine, and then the other direction asks: ‘what else can blockchains do?’ and my sincere opinion is that tokens are maybe 10 percent of what this stuff can do.”

“I think the difference between Facebook and Google is that Facebook may have a real interest in payment and crypto stuff, but Google may have an interest in building these highly useful contracts by building useful infrastructure to make that possible.”

Google catching up

Google, as one of the world’s leading technology companies, has been viewed as somewhat behind the eightball in the blockchain space. In comparison to IBM, Microsoft, Facebook, Amazon, and the likes, Google is playing catch up.

However, Nazarov confirms that there is a growing interest from the internet giant.

“There are people in Google that are very interested in blockchain,” he added. “The thing with Google is that it is very focused, and they have their systems and processes that lead them to success in a focused way. There are people in Google, and official positions, that I know of that are related to blockchains – and I have seen an increase in that since a year ago.”

With Google taking a more active role in the blockchain space, their focus looks to be enterprise-based, and on what blockchain can do besides offering tokens.

Nazarov goes on to explain that in the world of contracts, only 10 to 20 percent make up an exchange of value. It means that there is a gaping hole of blockchain potential that needs to be realized.

“Think about how this looks from an enterprise point of view,” Nazarov said. “Realistically, all the contracts – financial contracts – in the world, 10 -20 percent is about ownership and transfer. That covers tokens, which is all very useful in itself, but it also shows that a reliable method of doing that is extremely valuable.

“Then the question becomes – ‘if all we can do today is ownership’ – what is the other 80 percent in contracts? And the other 80 percent is what we are talking about. What we work on is trying to get that other 80 percent to function, and for that, we need to work on more than application, we need to build an environment for the application to exist in.”

An efficient blockchain environment

Nazarov uses an example of Uber to express how building this application environment can make things better for enterprises, and again hints at why Google is interested in partnering with Chainlink.

In Uber, there is a mapping application which needed to be integrated for the driver; there is the need for messaging between drivers and customers; there is a payment application for both customers and to pay drivers. All of these applications operate within the Uber app, but they were all not created by Uber.

In other words, the Uber environment houses many applications. And, in the blockchain space, with smart contracts that have the power to reach data from sources outside the blockchain, an enterprise environment is far more natural to build, and a lot more efficient.

A complex heading

Of course, there is no set roadmap from Google indicating that they are looking to be the leaders in functional, enterprise smart contract blockchain. However, their heading does seem to be more focused on the other 90 percent of blockchain potential.

Chainlink is trying to make smart contracts smarter, and more useable in common sense. If Google is looking to partner with them for their work, they must have a desire to be a part of that potential.

Source: https://www.forbes.com/sites/darrynpollock/2019/07/02/is-google-chasing-the-90-potential-of-blockchain-that-facebook-left-out/#60248afd3185

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Posted in All Recent Posts, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – Is #Google $GOOG Chasing The 90% Potential Of #Blockchain That #Facebook $FB Left Out? $HIVE.ca $BLOC.ca $CODE.ca

PyroGenesis $PYR.ca Announces $3.64M Non-Military Land-Based Waste Treatment System Sale; First Payment Received $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 8:44 AM on Thursday, June 20th, 2019
Pyr header 1
  • Announced that it has received a $3.64M purchase order for a non-military land-based waste treatment system, together with the first payment.
  • Client and geographic area will remain confidential for competitive reasons.
  • Delivery is scheduled to be in Q2, 2020.

MONTREAL, June 20, 2019 — 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 products, today announced that it has received a $3.64M purchase order for a non-military land-based waste treatment system (the “System”), together with the first payment. The Client and geographic area will remain confidential for competitive reasons. We expect to provide more details within the next two (2) months.

Delivery is scheduled to be in Q2, 2020.

“This sale is significant as it is the first non-military waste treatment System sold by PyroGenesis and signifies an important first step into this new market,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “We fully expect that this will be the first of many systems ordered by the Client who will benefit, upon reaching a certain milestone, from a limited territorial exclusivity. This contract, together with signed backlog, recently announced contract award, and the imminent US Navy contract for $13.5M, portends to a backlog of over $40M, which must be addressed within the next 18 months, come September. This does not include the $35M of backlog in subsequent years. It is a very exciting time for the Company.”

Of note, PyroGenesis’ land-based waste System transforms waste to syngas, a gaseous fuel which can then be used to make electricity, heat, or fuels, as required by the end-user. Using PyroGenesis’ System, the inorganic fraction of the waste is converted into a glassy slag which is inert, non-toxic, and has been demonstrated to be suitable as a building material, and even jewelry.

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: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]

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

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Posted in PyroGenesis Canada Inc. | Comments Off on PyroGenesis $PYR.ca Announces $3.64M Non-Military Land-Based Waste Treatment System Sale; First Payment Received $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

ThreeD Capital Inc. $IDK.ca – Industry bigwigs explain #blockchain in as few words as possible $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 1:22 PM on Wednesday, June 19th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Industry bigwigs explain ‘blockchain’ in as few words as possible

At this year’s annual TNW conference, Hard Fork took the opportunity to ask a number of industry experts to explain blockchain in as few words as possible. We hoped to get a bit of insight into how the tech is developing and what the industry currently makes of it.

Here’s what they said:

1. “Blockchain is a chain of blocks. That’s the definition, anything else is wrong.” – João Almeida, co-founder and CTO of Opennode – the Bitcoin payments system that recently helped Lil Pump’s merch store accept Bitcoin.

2. “Blockchain is the freedom to trade.” – Kirill Suslov, the CEO and co-founder of cryptocurrency trading platform TabTrader.

3. “Blockchain is a hash-linked data format.” – Francis Pouliot, CEO of Canadian Bitcoin company Bull Bitcoin.

4. “A new technology enabling us to take the control and governance of information from the few, and to the many.” – Jessi Baker from Provenance, a firm using blockchain to make supply chains more transparent.

5. “Blockchain is simple, take a bunch of transaction, record them as a unique block, and link all these blocks together.”– Ricardo Mendez, the European technical director from Samsung’s emerging tech investment arm, Samsung NEXT.

The take away?

There is some consistency in what is being described here. Interestingly though, all the people Hard Fork asked steered clear of the common buzzwords that tend to accompany blockchain in the media.

Blockchains are often described as being immutable, tamper-resistant, and decentralized. However, with private permissioned systems being the preferred type of blockchain for institutional use, these buzzwords aren’t always so applicable.

It seems too, that blockchain’s definition is, from this small sample at least, broadening so that it can include all kinds of distributed databases and applications with varying levels of decentralization.

Baker’s response also highlights the undeniable politic that’s associated with the decentralized tech too.

We’ll have to remember that when someone says blockchain, what they mean specifically, isn’t always that simple or universal.

Source: https://thenextweb.com/hardfork/2019/06/19/blockchain-explained-industry/

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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks | Comments Off on ThreeD Capital Inc. $IDK.ca – Industry bigwigs explain #blockchain in as few words as possible $HIVE.ca $BLOC.ca $CODE.ca

PyroGenesis $PYR.ca Provides GEN2 Testing Report to $HPQ.ca Silicon Resources; Confirms PUREVAP™ Process Significantly Reduces the Cost of Making #Silicon Metal $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 8:50 AM on Monday, June 17th, 2019
Pyr header 1
  • Provided an interim report to HPQ Silicon Resources, confirming that the PUREVAP™ process can significantly reduces the cost of making silicon metal by lowering raw material costs.
  • One of PUREVAP™ process’ unique advantages is its capacity to use low cost highly reactive carbon sources, and convert them into high purity silicon metal.

MONTREAL, June 17, 2019 — 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 products, today announced that it has provided an interim report to HPQ Silicon Resources (“HPQ”), confirming that the PUREVAP™ process can significantly reduces the cost of making silicon metal by lowering raw material costs.

PUREVAP™ PROCESS PROPRIETARY ADVANTAGE: USING LOW COST CARBON

One of PUREVAP™ process’ unique advantages is its capacity to use low cost highly reactive carbon sources, and convert them into high purity silicon metal. In comparison, conventional processes available on the market are using expensive higher purity carbon sources. This advantage allows the PUREVAP™ process to significantly reduce the cost of making silicon metal.

Depending on the producer, making metallurgical grade silicon metal (98.0% to 99.5% silicon) in 2018 with a conventional process can cost between US $1,450-2,000/MT1. More than 40% of that cost2 is directly attributable to the 6+ metric tonnes of raw material (silicon dioxide and reductant) needed to produce 1 MT of metallurgical grade silicon metal 3. The carbon reductant used in those processes accounts for 30% of total cost3. From that cost, 10% accounts for woodchip, and 20% for carbon, the latter being twice as expensive.

Therefore, having a process that uses less feedstock to make 1 MT of metallurgical grade silicon metal and allows the substitution of costly high purity reductant with readily available lower cost material would make the process more economically viable, and that is what PUREVAP™ offers.

GEN2 TESTING RESULTS: PUREVAP™ ABLE TO PRODUCE COMMERCIALLY VIABLE SILICON

During GEN2 testing, the Company decided to push the limits of the project by using only one reductant, a highly reactive carbon source, in the PUREVAP™ reactor. The results show that GEN2 PUREVAP™ is able to produce commercially viable 99.73% silicon with 0.166% Fe and 0.0424% Al, representing chemical grade metallurgical grade silicon metal.4

“Being able to produce chemical grade metallurgical grade silicon underscores the versatility of the PUREVAP™ process and, as such, we continue to de-risk the project”, said Mr. Pierre Carabin, Chief Technology Officer and Chief Strategist of PyroGenesis.

GEN3 PILOT PLANT WILL VALIDATE THE COMMERCIAL VIABILITY

Being able to use lower cost raw material represents significant potential cost savings, however another significant outcome from this is that, as a result, the PUREVAP™ process should only require 4.5 MT of raw material5 (lower purity silicon dioxide and cheaper reductant) to produce 1 MT of metallurgical grade silicon metal.

As more than 40% of the cost of conventional processes is directly attributable to the 6+ metric tonnes of raw material (silicon dioxide and reductant) needed to produce 1 MT of metallurgical grade silicon metal3, it is possible to estimate that the PUREVAP™ process could cut in half raw material cost, representing a 20% reduction in the cost of making chemical grade metallurgical grade silicon metal. GEN3 pilot plant testing will allow us to refine and validate these numbers at commercial scale.

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: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]  

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

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1 CRU – Silicon Market Outlook – November 14 2018 (Page 17)
2 Ferroglobe_Investor_Day_Presentation__17_Oct_2017 (Page 40)
3 GSM_Investor_Presentation_-_March_2014 (Page 3)
4 Balazs™ NanoAnalysis – ICP OES (Inductively coupled plasma – optical emission spectrometry) analysis results
5 PyroGenesis efficiency estimation for the PUREVAP™ process

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Posted in All Recent Posts, PyroGenesis Canada Inc. | Comments Off on PyroGenesis $PYR.ca Provides GEN2 Testing Report to $HPQ.ca Silicon Resources; Confirms PUREVAP™ Process Significantly Reduces the Cost of Making #Silicon Metal $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

INTERVIEW: PyroGenesis $PYR.ca Discusses Recently Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 9:26 AM on Monday, June 10th, 2019

Further to the Press Release dated April 29th, 2019, the company has been awarded a contract of approximately $20M (first year revenues), plus a net present value (using a 5% discount rate) of all subsequent year’s revenues of $35M, giving the Contract a total value of over $55M.

Peter Pascali, President and CEO of PyroGenesis joins us to discuss the contract and exactly what it means for the company.

Sit back and relax, grab a coffee, let us know what you think.

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Posted in AGORACOM Via Satellite, All Recent Posts, PyroGenesis Canada Inc. | Comments Off on INTERVIEW: PyroGenesis $PYR.ca Discusses Recently Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

REPEAT: PyroGenesis $PYR.ca Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues

Posted by AGORACOM-JC at 9:23 AM on Tuesday, June 4th, 2019
  • Awarded a contract of approximately $20M (first year revenues),
  • plus a net present value (using a 5% discount rate) of all subsequent year’s revenues of $35M,
  • Gives the Contract a total value of over $55M.

MONTREAL, June 04, 2019 — 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 products, today announced, further to the Press Release dated April 29th, 2019, that it has been awarded a contract (“Contract”) of approximately $20M (first year revenues), plus a net present value (using a 5% discount rate) of all subsequent year’s revenues of $35M, giving the Contract a total value of over $55M. For competitive reasons, the client and the business line cannot be disclosed at this time, other than to say it is not military-related. However, we except that both will be announced once the Contract is signed.

What now remains is a site visit under normal due diligence, which the Company has passed on numerous occasions with other very discerning clients. Management expects this to be completed shortly.

“This is indeed a watershed moment in PyroGenesis’ history. It is the single largest contract that the Company has been awarded,” commented Mr. P. Peter Pascali, President and CEO of PyroGenesis. “With the revenues from this Contract, we do not foresee raising capital for working capital purposes in the foreseeable future as the Company, with this Contract, which is cash flow positive from the start, will be profitable.”

As previously disclosed, the Company does not need additional infrastructure or personnel to complete this Contract.

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: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]  

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

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Posted in PyroGenesis Canada Inc. | Comments Off on REPEAT: PyroGenesis $PYR.ca Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues

PyroGenesis $PYR.ca Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues

Posted by AGORACOM-JC at 4:29 PM on Monday, June 3rd, 2019
  • Further to the Press Release dated April 29th, 2019, that it has been awarded a contract of approximately $20M (first year revenues), plus a net present value (using a 5% discount rate) of all subsequent year’s revenues of $35M, giving the Contract a total value of over $55M.
  • For competitive reasons, the client and the business line cannot be disclosed at this time, other than to say it is not military-related. However, we except that both will be announced once the Contract is signed.

MONTREAL, June 03, 2019 — 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 products, today announced, further to the Press Release dated April 29th, 2019, that it has been awarded a contract (“Contract”) of approximately $20M (first year revenues), plus a net present value (using a 5% discount rate) of all subsequent year’s revenues of $35M, giving the Contract a total value of over $55M. For competitive reasons, the client and the business line cannot be disclosed at this time, other than to say it is not military-related. However, we except that both will be announced once the Contract is signed.

What now remains is a site visit under normal due diligence, which the Company has passed on numerous occasions with other very discerning clients. Management expects this to be completed shortly.

“This is indeed a watershed moment in PyroGenesis’ history. It is the single largest contract that the Company has been awarded,” commented Mr. P. Peter Pascali, President and CEO of PyroGenesis. “With the revenues from this Contract, we do not foresee raising capital for working capital purposes in the foreseeable future as the Company, with this Contract, which is cash flow positive from the start, will be profitable.”

As previously disclosed, the Company does not need additional infrastructure or personnel to complete this Contract.

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: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]  

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

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Posted in PyroGenesis Canada Inc. | Comments Off on PyroGenesis $PYR.ca Awarded $20M (Approx. First Year Revenues) Contract With Over $35M Subsequent Years Revenues

Tartisan #Nickel $TN.ca – A Perfect Storm Is Brewing For Nickel $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 2:54 PM on Monday, June 3rd, 2019

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
TN: CSE
Fact Sheet
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A Perfect Storm Is Brewing For Nickel

  • Years of underinvestment, long lead times for mine development and a coming surge of electric vehicle demand are all bullish factors for nickel, said Michael Beck, managing director at Regent Advisors.

Beck spoke to Kitco News at Palisade Global’s Hard Asset Conference in Georgia on Jekyll Island held mid-May.

Nickel is a key component of lithium-ion batteries, and Beck said Tesla’s next generation of lithium-ion batteries uses more of the element.

“The ramp-up of demand is just beginning,” said Beck.

“Electric vehicles are going to impose a new demand source on nickel that never really existed before. It takes seven to 10 years to bring on new nickel projects. So you have the makings I thinkâ??at least this is our thesisâ??of a perfect storm.”

Interview is edited for clarity.

Kitco: What impact is the electrical vehicle revolution going to have on nickel?

Michael Beck: Nickel is probably the single most important metal component in battery fabrication. It’s where all of the energy is stored and increasing the battery chemistries are being refined to allow the inclusion of as much nickel as possible. The more nickel, the higher the energy density of the battery. And nickel is particularly interesting from a supply-demand outlook because of the collapse of nickel prices in 2007. The commodity has remained relatively depressed. The current nickel price is US$12,000 a tonne versus the high in 2007, which was $15,000 a tonne. And in this intervening almost 12 years there was no material investment in new nickel capacity. The last 12 years has been a draw down of excess inventory, and that’s coming to an end. The ramp-up of demand is just beginning.

Electric vehicles are going to impose a new demand source on nickel that never really existed before, particularly for class one nickel. It takes seven to 10 years to bring on new nickel projects. So you have the makings I think, at least this is our thesis, of a perfect storm. You have a baked in structural deficit for the next 12 years. You have seven to ten years lead time to bring in new capacity, and all of a sudden you have inventories in the next 18 months going down to almost zero. You also have this new demand source that never existed for nickel. So that gets us rather interested as prospective investors. And in the universe of metals it’s our favorite. We think in the next two to three years you’re going to see a major up-tick of nickel price, and that’s as shortages emerge and that’s what’s going to be required to get new investment in the sector.

Kitco: Why is nickel important for electric vehicles?

Michael Beck: Well it’s interesting. Elon Musk said a couple of years ago that really lithium-ion batteries was a misnomer. It should be really called nickel-iron, and that’s because that’s the energy density of a battery. The energy is stored by the nickel units. And if you look at an average Model 3, it consumes something on the order of 30 kilograms of nickel. And increasingly the cathode makers, which are really the principal components for battery fabrication, are tinkering with chemistries that use more nickel. The higher the energy density, the longer range you have on the vehicle. It is the most important element in in a battery. Without nickel you don’t have the energy storage.

Kitco: If you have a nickel thesis, how does this play out in the junior space?

Michael Beck: It’s a little bit of a challenge because the world’s largest nickel producer, at least in the Western world, is Vale. But Vale is really an iron ore producer. Nickel represents probably less than 15 percent of the company’s portfolio. So if you buy Vale, you’re not really getting nickel. You’re getting an iron ore share. Vale has its own challenges. It has a rather impaired balance sheet, which is why it trades where it does. Another interesting nickel producer that we own is Independence Group NL out of Australia. They have a market cap of about a $1.5B, and the company is growing its nickel production. But you’re right, there aren’t a lot of opportunities to invest in existing nickel producers, because they’re few and far between.

Maybe the most interesting in the larger cap of established players is Norilsk. They’re the number two nickel producer, and they’re based in Russia. That’s probably the single best large-cap way to get exposure to nickel. It has a good dividend yield. It’s a major producer of the metal, and when nickel goes up, their share price goes up accordingly. At the smaller cap end of the spectrum, there are a bunch of smallish nickel explorers and emerging developers.

One that we like particularly is a company called Giga Metals. It’s listed on the TSX. Even though it has a market capitalization of less than $10 million, it happens to own the world’s second-largest undeveloped nickel sulfide deposit. Nickel sulfide is the preferred form of nickel for the production of class one nickel, which is what is required for a battery fabrication. We think the company is completely mis-priced asset, and we look at it as an un-dated call option on nickel. So if our thesis on nickel is correct and nickel goes from $12,000 a tonne to $20,000 a tonne and then perhaps beyond to $50,000 a tonne where it peaked in 2007, then this stock will be disproportionately re-rated and you have a chance, if your thesis is right, to make 10 to 20 times your money. If you’re wrong, maybe the market cap goes from where it is today, from $8 million to $4 million. So we like to see those kinds of bets. There is another company that’s sort of similar, and it’s an asset is not nearly as large but it’s called Grid Metals, and it has a relatively advanced smaller nickel sulfide deposit in Manitoba and it has a market cap of $3 to $4 million dollars.

But again any of these companies, whether they’re at the microcap end of the spectrum or whether they’re big established producers like Norilsk or somebody in between, will benefit when the nickel price rises. We’ve got a fair degree of conviction about our thesis: the adoption rates for EV will accelerate. Nickel shortages will emerge, and all these companies with nickel exposure will benefit.

Source: https://www.kitco.com/news/2019-06-02/A-Perfect-Storm-Is-Brewing-For-Nickel-Michael-Beck.html

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