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#Blockchain and biometrics: The #tech disrupting banking #ThreeD $IDK.ca #Blockstation

Posted by AGORACOM-JC at 12:16 PM on Friday, November 3rd, 2017
  • As the banking industry changes at a rapid pace, one term is being used with increasing frequency — blockchain
  • blockchain refers to a tamper-proof, distributed digital ledger that records transactions.
Published 5 Hours Ago CNBC.com
A look at some of the tech disrupting banking   6 Hours Ago | 04:20

Put simply, blockchain refers to a tamper-proof, distributed digital ledger that records transactions.

Instead of different parties involved in a transaction keeping their own records of that transaction — which could potentially differ and cause confusion — blockchain creates one “master” record. This cannot be changed once a transaction has been recorded.

As technology giant IBM notes: “All parties must give consensus before a new transaction is added to the network.”

Dirk Haubrich is head of consumer protection, financial innovation and payments at the European Banking Authority (EBA). He told CNBC: “We’ve looked at blockchain… in one particular use case, which was virtual currencies, four years ago.”

At that time, the EBA had a “rather negative view,” Haubrich explained. “But there are lots of other use cases that have been emerging since then, like trade finance and… clearing of payments.”

This was “quite interesting,” he added. “Many of the risks that we’ve identified at the time for virtual currencies probably don’t arise for those use cases but we need to have a closer look, which we haven’t done yet.”

It could be argued that blockchain technology is still in its infancy, and that its potential is a long way from being fully realized.

PayPal’s Mark Brant told CNBC that blockchain would continue to evolve, “but for it to become widely used there need to be scale use cases on either the consumer side or the merchant side or both.”

“We’ll continue to follow that and experiment with it and keep abreast of it, and continue to look to see whether there is a clear gap in the market that we can exploit with it,” Brant, who is managing director at PayPal U.K., added.

While blockchain technology offers new ways of carrying out transactions, other innovations could help to boost the security of financial dealings.

One such development is the increasing use of biometrics in banking. Already, many of us use our fingerprints to unlock our smartphones, and there are a range of potential applications.

“There’s voice biometrics, there’s fingerprint biometrics, there’s iris biometrics, I think there’s going to be many more invented,” Niall Cameron, global head of corporate and institutional digital at HSBC, said.

Cameron went on to say that biometrics was probably one of the most important areas of new technology needed by the industry.

Source: https://www.cnbc.com/2017/11/03/blockchain-and-biometrics-the-tech-disrupting-banking.html

Namaste Announces $N.ca Joint Venture Agreement With Leading #Israeli Vaporizer Retailer #Vapes #Vaping

Posted by AGORACOM-JC at 11:51 AM on Thursday, November 2nd, 2017

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  • Announced signing of a Joint Venture Agreement with one of Israel’s premier online vaporizer retailers, Vaporiza.co.il
  • Agreement will bring Vaporiza.co.il and NamasteVapesIsrael.com together under Namaste management to increase revenue and gain greater exposure in the Israeli market

VANCOUVER, British Columbia, Nov. 02, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OCTMKTS:NXTTF) is pleased to announce signing of a Joint Venture Agreement (the “Agreement”) with one of Israel’s premier online vaporizer retailers, Vaporiza.co.il (“Vaporiza”). The Agreement will bring Vaporiza.co.il and NamasteVapesIsrael.com together under Namaste management to increase revenue and gain greater exposure in the Israeli market. Through the Agreement, Namaste benefits from new customer acquisitions and plans to explore new opportunities for export of medical cannabis products from Israel to Namaste’s wholly owned subsidiary Cannmart Inc. (“CannMart”).

This Agreement represents a strategic decision for Namaste to expand its consumer base in Israel while growing the Company’s database of users. Vaporiza is one of Israel’s leading vaporizer e-commerce sites with a strong management team focused on marketing and business development. Vaporiza will provide value to Namaste through expansion of local channels and will provide services as per the Agreement. General terms of the Agreement are as follows:

  • Namaste will take ownership and management of the Vaporiza.co.il domain
  • Namaste will provide inventory for Vaporiza.co.il and NamasteVapesIsrael.com
  • Namaste will collect revenue from both sites and net profits to be disbursed equally
  • Namaste will provide an integration for Vaporiza.co.il to access Namaste’s inventory management system that will provide Vaporiza with access to a larger offering of products
  • Vaporiza will provide order fulfilment, marketing and warranty processing locally
  • Vaporiza will provide all sales and customer service support locally for both sites

The Israeli market is at the forefront of innovation in the cannabis industry. Namaste expects to see rapid growth in the market and this Agreement being accretive in nature, will bring value to Namaste with new revenue and customer acquisitions, along with a broader exposure to the Israeli market. Namaste will continue to explore opportunities in the Israeli market including supply agreements for medical cannabis, in relation to its wholly owned subsidiary CannMart, and in implementing NamasteMD.com in the Israeli market to focus on acquiring medical patients in Israel.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to be partnering with Vaporiza as it has an established business with a strong reputation locally. We feel that we can bring value to Vaporiza through inventory and logistics support while at the same time gaining in Israeli market share. Israel is a high priority for us. We see a lot of potential in growth through retail sales channels in working with Vaporiza. Its management team is dedicated to our joint growth in revenues and exposure in the Israeli market. We also plan on pursuing further partnerships with Israeli medical cannabis producers that could provide supply for CannMart in Canada.”

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the Access to Cannabis for Medical Purposes Regulations) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

What is #blockchain ? The tech that underpins the biggest #cryptocurrency in the world is branching out #Bitcoin #ThreeD $IDK.ca #Blockstation #Blockamoto.io

Posted by AGORACOM-JC at 11:32 AM on Thursday, November 2nd, 2017

  • The tech that underpins the biggest cryptocurrency in the world is branching out
  • blockchain gives professionals a means to securely store data in ordered records that update in real time
  • blockchain is revolutionising the way vital information is stored and accessed

In 2017 we are not short of new concepts claiming to be innovations in technology and the next big thing. Despite that, few have made as much of an impact as blockchain. Often described as a distributed database, blockchain gives professionals a means to securely store data in ordered records that update in real time. While it is often overshadowed in the news by the technology it powers, such as Bitcoin, blockchain is revolutionising the way vital information is stored and accessed.

The rise of cryptocurrencies has allowed blockchain technology to flourish, and its role as a public ledger is proving fundamental to the success of Bitcoin. The peer-to-peer network and timestamping server that makes up Bitcoin’s blockchain allows it to track every transaction on the currency in real time. Digital currencies simply wouldn’t work without it.

New use cases

Blockchain first emerged as a ledger for Bitcoin in 2008, yet the original creator of the technology remains unknown. The individual widely cited as its creator is Satoshi Nakamoto, yet this is likely a pseudonym and possibly refers to more than one person.

It was primarily introduced to fix the issue of ‘double-spending’, a technical flaw that allowed people to transfer the same digital tokens multiple times. Yet it also allowed for a decentralised currency, free from government oversight and layers of bureaucracy.

Although it’s early years were tied to Bitcoin, it became quickly apparent that a public ledger could be applied to many other industries. It’s incredibly secure, fault tolerant systems are able to store data in a decentralised way, providing a ‘neutral’ place to house highly sensitive data, such as identity information and insurance records.

The rise of blocks

As the name suggests, Blockchain systems are organised into ‘blocks’, each one carrying a unique timestamp that can be linked back to an older block. That’s incredibly useful for industries where it’s essential to be able to track information by time and event.

Another great thing about blockchains is that they’re often highly resistant to editing. This means that once data has been recorded in a block, it can’t be retroactively changed. While normally this would be frustrating, it provides a means to accurately verify transactions. Creators of Blockchains are also able to configure them to trigger transactions automatically, increasing the efficiency and accuracy at which data is processed.

More affordable and efficient

As a decentralised type of public ledger, blockchains are commonly operated through thousands of global computers. Thanks to this, users are able to organise and audit information quickly and efficiently. In most scenarios, people running and using blockchain systems take collaborative approaches and may have common aims.

If you work in the financial services sector, for example, your main intention is to ensure that you have a safe, secure way to store and process customer transactions. A physical file room may have dominated in the past, but with technology like blockchain, you can process timely data more accurately.

Blockchain could also bode for more affordable financial processes and diminish the chance of fraudulent activity at the same time. Such systems are mainly in the experimental phase right now, but they’re always advancing and we’ll no doubt see more use cases come to light in the foreseeable future.

Public vs private

Much like the field of cloud computing, the function and implementation of blockchain can vary significantly depending on whether it’s designed to be public or private. The primary distinction between these types comes down to who can access a system.

Public

Public blockchains operate a shared network that allows anyone to maintain the ledger and participate in the execution of blockchain protocol – in other words, authorise the creation of blocks. It’s essential for services such as Bitcoin, which operates the largest public blockchain, as it needs to encourage as many users as possible to its ledger to ensure the currency grows.

Public blockchains are considered entirely decentralised, but in order to maintain trust, they typically employ economic incentives, such as cryptocurrencies, and cryptographic verification. This verification process requires every user, or ‘node’, to solve increasingly complex and resource intensive problems known as a ‘proof of work’, in order to stay in sync.

This means public blockchains often require immense computational power to maintain the ledger, which only worsens as more nodes are added, and predicting how much that will increase is difficult. Given the number of voices in the community, it’s also incredibly difficult to reach a consensus on any technical changes to a public blockchain – as demonstrated by Bitcoin’s two recent hard forks.

Private

Private blockchains arguably go against the spirit of the original concept. They’re entirely centralised within an organisation and enforce strict write permissions to only authorised users, although this may be in the form of existing members authorising a new entrant, or a regulatory body granting access.

They’re far more useful to a business over a shared public ledger, as they’re able to implement the technology into areas that require data to be hidden. They also typically offer permissioned based access, so that only those participating in a transaction will be able to see it recorded on the blockchain.

Having fewer users on the blockchain means transactions are typically much cheaper, as they require only a fraction of the computational power to fully verify. That smaller user base also ensures that any faults can be fixed almost immediately, and any technological improvements can be approved and implemented at a pace that fits the business.

Source: http://www.itpro.co.uk/security/28031/what-is-blockchain-4

St-Georges’ $SX.ca Subsidiary Kings of the North Planning Financing Effort that will Include #Cryptocurrencies #Bitcoin

Posted by AGORACOM-JC at 10:13 AM on Thursday, November 2nd, 2017

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  • Enrolled the services of a third party escrow service company, which will allow its subsidiary to secure a portion of its future financing in Bitcoins and other cryptocurrencies.

Montreal, Quebec / November 2, 2017 – St-Georges Platinum & Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to inform its shareholders and stakeholders that the Company has enrolled the services of a third party escrow service company, which will allow its subsidiary to secure a portion of its future financing in Bitcoins and other cryptocurrencies.

That subsidiary, Kings of the North Corp. (KOTN), will be seeking to raise up to $5 million in financing, the timeline and the nature of which will be communicated at a later date. At this point, the company has received no firm offer and there is no guarantee such an offer would meet its expectations.

“As St-Georges intend to bring new technologies to the mining industry, the Company would also like to be a pioneer in the use of financial innovations, such as bitcoins and cryptocurrencies” commented Mark Billings, president of KOTN.

St-Georges also received interest from some of its main suppliers to be paid in Bitcoins. One such supplier, North Atlantic Mining Associates Ltd (NAMA), which is in charge of all the work of St-Georges’ Icelandic subsidiary, Iceland Resources EHF, has agreed to receive payments in Bitcoins for the coming drilling campaign. The Honorable Lord Timothy Razzall, NAMA Chairman commented: “NAMA is pleased to be part of this exciting development in Iceland. The project fits nicely with NAMA’s strategy of developing its construction and drilling business”.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings

MARK BILLINGS, CHAIRMAN OF THE BOARD & PRESIDENT OF KINGS OF THE NORTH.

About St-Georges

St-Georges is developing new technologies to solve the biggest environmental problems in the mining industry. If these new technologies are successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues.

The Company controls directly or indirectly all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi area. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

The Best Long Term Blockchain SmallCap Stock? At $10 Million Market Cap and Backed By Sheldon Inwentash, ThreeD Capital $IDK.ca Is The One

Posted by AGORACOM-JC at 10:04 AM on Thursday, November 2nd, 2017

Threed capital

IDK: CSE

ThreeD Capital (IDK:CSE) Issued A Press Release Announcing It Had Revised It’s Investment Verticals, With A Hard Focus On Blockchain Themed Technologies.  Many of you don’t know ThreeD Capital – Just Yet – but you do know it’s Founder, Chairman and CEO, Sheldon Inwentash.  If you don’t, then you’re about to make your discovery of the year.

Highlights:

    • Announced the appointment of Aly Madhavji to its Advisory Board
    • Incorporated a wholly owned subsidiary named Blockamoto.io Corp
    • Blockamoto.io will build a diverse portfolio of global Blockchain assets

In short, when Sheldon Inwentash speaks, listeners stand to make a lot of money.  A lot.  He spoke today about why he’s set his sights on the Blockchain.  His most powerful words were his final two … “Stay Tuned”.

 

 

 

Glacier Lake $GLI.ca Announces New Discovery at Silver Vista Hinting at Pollymetallic System $JAX.ca $AMI.ca $GTT.ca

Posted by AGORACOM at 7:43 AM on Thursday, November 2nd, 2017

  • New Discovery is called the “Golden Vista Zone”
  • Golden Vista Zone is 22 km northwest of the principal target, the “MR” copper-silver prospect
  • 2cm massive pyrite-galena stringer within siliceous, altered mineralized sediments
  • 16.90 grams per tonne gold (g/t Au), 196.0 g/t (Ag) silver, 12.6 percent (%) lead (Pb), 11.9 percent zinc (Zn)

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) is pleased to report multiple new mineral showings in an area designated as the “Golden Vista Zone”, located on the Silver Vista property, near Smithers, B.C. The highlight is an outcrop select grab sample including a 2 centimetre massive pyrite-galena stringer within siliceous, altered mineralized sediments, returning 16.90 grams per tonne gold (g/t Au), 196.0 g/t (Ag) silver, 12.6 percent (%) lead (Pb), 11.9 percent zinc (Zn).  Investors are cautioned that these samples are selective samples and are not necessarily representative of the mineralization hosted on the property.

The Golden Vista Zone area is approximately 22 kilometers northwest of the principal target, the “MR” copper-silver prospect. Highlights of the recent Golden Vista discoveries include:

  • The mineral showings are in a minimally explored area of the property, with no previously known mineral showings or historic prospects. The new showings resulted from a limited prospecting-geological mapping program, involving a 3-4-person crew, serviced by helicopter from Smithers. In total 28 grab rock samples were taken from outcrop or subcrop locations while prospecting, and 53 soils samples were taken.
  • Target GV-2 is located in a steeply incised stream drainage and comprises three outcrop grab samples, hosting semi-massive sulphides (pyrite-galena) in altered, siliceous, gossanous sediments. Sample #02681 returned 5.37 g/t Au, 110.0 g/t Ag, 5.05 % Pb, and 11.60 % Zn from a pyrite-galena gossan. Sample #02681 assayed 16.90 g/t Au, 196.0 g/t Ag, 12.60% Pb and 11.90% Zn from a 2 cm massive sulfide vein. Sample #16079 is comprised of coarse grained galena in a highly silicified sedimentary unit, which returned 4.47 g/t Au, 34.00 g/t Ag, 1.72% Pb, and 5.02% Zn. The GV-2 zone is a high priority target for follow-up.
  • Target GV-1 was investigated to confirm gold-and-silver soil anomalies from wide spaced (+/- 300 meter spacing) reconnaissance soil sampling completed in 2012-2013, in an area of rugged topography. Soil sample #2668 from this location returned 0.34 g/t Au, 15.45 g/t Ag, 0.29% Pb, and 0.26% Zn. Soil sample #2669, nearby returned 1.68 g/t Au, 28.90 g/t Ag, 0.44% Pb, and 0.36% Zn. Outcrop rock samples from the same location of altered, gossanous sediments returned anomalous gold values of 0.141 g/t Au and 0.118 g/t Au, suggestive that the source of the soil geochemical anomalies may be further up-slope.
  • The GV-1 target alteration zone was projected to the south-east and an outcrop location approximately 350 meters along strike was discovered comprising siliceous, moderately gossanous sediments. Three chip samples were taken at this location, with anomalous gold (0.04, 0.18 and 0.26 g/t Au), and silver, (4.6, 7.1, and 16.3 g/t Ag), and strongly anomalous lead (0.65, 0.12, and 1.11% Pb). These anomalous values and associated metals (arsenic, antimony and mercury) are supportive of structural continuity of the GV-1 alteration/mineralized zones.
  • Target GV-4 was tested by three soil samples with anomalous gold values. Soil sample #16082 returned the highest gold-in-soil value of the fall survey, with 2.75 g/t Au, 3.4 g/t Ag, and 781 ppm (parts per million) Pb.
  • Three other targets are defined by anomalous soil and/or rock geochemistry in the Golden Vista area.  Outcrop exposure is modest and soil sampling remains an effective tool to define buried targets. The Golden Visa discoveries are in an area 1,400 meters by 1,000 meters. Several anomalous gold-in-soil anomalies were not visited during the recent program.
  • A preliminary analysis of the soil and rock geochemistry suggest that the Golden Vista mineralization is representative of an enhanced gold- silver-lead-zinc system. Silver values in the soils are enriched and widespread, with more than 37% of the soil samples returning +1.0 g/t Ag in the soils. The 90% percentile of the 53 soil samples is 0.11 g/t Au, 3.2 g/t Ag and 880 ppm lead (Pb).

Saf Dhillon, President/CEO and Director of Glacier Lake Resources Inc. reports that, “The results of our recent reconnaissance program have exceeded our expectations, with the discovery of multiple showings returning significant precious and base metals. These new showings indicate an exciting new style of mineralization on the Silver Vista property. While our short-term focus will be on a Phase 1 drill program to test the zone of high-grade copper and silver mineralization at the “MR” area, the Golden Vista zones will be an important exploration target for next summer’s field season.”

All samples from the Golden Vista surface program were sent to the ALS Minerals Ltd. North Vancouver, BC laboratory, an 17025:2005 certified facility. All samples were collected by Exploration Facilitation Unlimited Inc. personnel and securely stored until delivery to ALS Minerals. At this early stage of exploration, Glacier Lake is relying on the certified standards utilized by ALS Minerals as part of it analysis protocols. No QA/QC anomalies were noted in the analyses.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Contact information:

Satvir Dhillon, President & CEO
Glacier Lake Resources Inc.
Ph: 604-688-2922
Email: [email protected]

INTERVIEW: HPQ Silicon Resources $HPQ.ca Discusses Final Gen 1 PUREVAP Purity Enhancement Test, Findings Validate Concept

Posted by AGORACOM-JC at 4:15 PM on Wednesday, November 1st, 2017

Monarques Gold $MQR.ca files a technical report for its Wasamac #Gold project

Posted by AGORACOM-JC at 11:53 AM on Wednesday, November 1st, 2017

Monarquesgold hub large

  • Filed National Instrument 43-101 technical report for its wholly owned Wasamac gold project
  • Located 15 km west-southwest of Rouyn-Norand

MONTREAL, Nov. 1, 2017 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (FRANKFURT: MR7) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its wholly owned Wasamac gold project located 15 km west-southwest of Rouyn-Noranda, Québec. Monarques published a press release on October 26, 2017 (see release), which summarized the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Monarques’ press release dated October 26, 2017, pertaining to this property, from those contained in the technical report that was filed. Monarques also added the technical report on its website (see report).

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns more than 240 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video) and Wasamac advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,200 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Monarques Gold Corporation

PyroGenesis $PYR.ca Submits Final Gen 1 PUREVAPâ„¢ Report to HPQ Silicon Resources Inc.

Posted by AGORACOM-JC at 8:43 AM on Wednesday, November 1st, 2017

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  • Submitted to its client, HPQ Silicon Resources Inc, a report entitled “Final Report-Silicon Metal Purity Enhancement”
  • Pertaining to the final series of metallurgical tests completed using the Gen 1 PUREVAPâ„¢ Quartz Reduction Reactor
  • Results of testing the various operating parameters on the final purity of the Silicon Metal produced was rigorously tested

MONTREAL, Nov. 01, 2017 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR) (OTCQB:PYRNF), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it has submitted to its client, HPQ Silicon Resources Inc. (“HPQ”), a report entitled “Final Report-Silicon Metal Purity Enhancement” pertaining to the final series of metallurgical tests completed using the Gen 1 PUREVAPâ„¢ Quartz Reduction Reactor (“Gen 1 PUREVAP™”).  The results of testing the various operating parameters on the final purity of the Silicon Metal produced was rigorously tested.  The original concept that, under a semi-continuous PUREVAPâ„¢ process, it should be possible to transform Quartz (SiO2) into Silicon Metal (Si) with purity levels acceptable to the solar wafer industry was confirmed1.

The recently announced start of the Gen 2 PUREVAPâ„¢ metallurgical testing program is aimed to not only confirm previous findings but also, and more importantly, to allow for downstream product testing as final plans are being put in place to assemble the Pilot Plant.

“We are extremely happy with the Gen 1 PUREVAP™ results, however, this first-generation reactor was limited in its ability to push yield which directly relates to purity. The second stage testing program, or Gen 2 PUREVAP™, will allow us to test those limits, thereby increasing the probability of success when assembling the pilot plant”, said P. Peter Pascali, President and CEO of PyroGenesis. “We are pleased to join HPQ in announcing both the reaching of this new milestone and the commencing the second stage testing program.”

Bernard Tourillon, Chairman and CEO of HPQ stated, “Results to date are spectacular, in less than 18 months the PUREVAP™ QRR process has demonstrated a one-step capacity to produce very pure Silicon Metal.  Traditional industrial processes need to deploy multiple expensive steps to reach the same purity level. The Gen 2 PUREVAP™ will allow us to test, over the comings months, a number of purification options including slow cooling, as we continue our methodical metallurgical testing protocol. Our goal is straightforward, we seek to produce a Solar Grade Silicon Metal that can be used to manufacture solar cells as efficient as the one produced by Elkem Solar of Norway, the only commercially successful UMG Solar producer in the World.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (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. Its 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. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian company on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). 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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’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 Company 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 OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

For further information: Rodayna Kafal, VP, Investor Relations and Communications, Phone: (514) 937-0002, E-mail: [email protected] or [email protected]

HPQ Silicon Resources $HPQ.ca Final Gen 1 PUREVAP(TM) Purity Enhancement Test Identifies Pathways To Producing Solar Grade Silicon Metal with the Gen 2

Posted by AGORACOM-JC at 7:39 AM on Wednesday, November 1st, 2017

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  • PyroGenesis Canada has submitted to HPQ a report entitled “Final Report-Silicon Metal Purity Enhancement”
  • Pertaining to the final series of the 96 metallurgical tests completed using the Gen 1 PUREVAPtm Quartz Reduction Reactor
  • Effect of various operating parameters on the final purity of the Silicon Metal produced was rigorously tested
  • findings validated the concept, and extrapolating the results suggests that under a semi-continuous PUREVAPtm process, can transform Quartz (SiO2) into Silicon Metal (Si) with purity levels acceptable to the solar wafer industry (4N+ or 99.998% Si)

MONTREAL, QUEBEC–(Nov. 1, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has submitted to HPQ a report entitled “Final Report-Silicon Metal Purity Enhancement” pertaining to the final series of the 96 metallurgical tests completed using the Gen 1 PUREVAPtm Quartz Reduction Reactor (“QRR”). The effect of various operating parameters on the final purity of the Silicon Metal produced was rigorously tested. The findings validated the concept, and extrapolating the results suggests that under a semi-continuous PUREVAPtm process, we can transform Quartz (SiO2) into Silicon Metal (Si) with purity levels acceptable to the solar wafer industry (4N+ or 99.998% Si)1. The recently commenced Gen 2 PUREVAPtm metallurgical testing program aims to confirm this and to allow us to make samples for downstream product testing as we finalize plans and prepare to assemble the Pilot Plant.

Bernard Tourillon, Chairman and CEO of HPQ stated, “Results to date are spectacular, in less than 18 months the PUREVAPâ„¢ QRR process has demonstrated a one-step capacity to produce very pure Silicon Metal. Traditional industrial processes need to deploy multiple expensive steps to reach the same purity level. The Gen 2 PUREVAPâ„¢ will allow us to test, over the comings months, a number of purification options including slow cooling, as we continue our methodical metallurgical testing protocol. Our goal is straightforward, we seek to produce a Solar Grade Silicon Metal that can be used to manufacture solar cells as efficient as the one produced by Elkem Solar of Norway, the only commercially successful UMG Solar producer in the World.”

PYROGENESIS CEO REMARKS

“We are extremely happy with the Gen 1 PUREVAPâ„¢ results, however, this first-generation reactor was limited in its ability to push yield which directly relates to purity. The second stage testing program, or Gen 2 PUREVAPâ„¢, will allow us to test those limits, thereby increasing the probability of success when assembling the pilot plant”, said P. Peter Pascali, President and CEO of PyroGenesis. “We are pleased to join HPQ in announcing both the reaching of this new milestone and the commencing the second stage testing program.”

A document covering the salient points of the report can be download from our web page http://www.hpqsilicon.com: HPQ GEN 1 FINAL REPORT SALIENT POINTS.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

La version française du communiqué de presse sera disponible sur http://www.hpqsilicon.com

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer. Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). Solar Grade Silicon being the key ingredient required to transforms the sun energy into electricity.

HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Shares outstanding: 173,003,173

1 Pyrogenesis Canada Inc. Technical Memo: “TM-2017-830 REV 00, – Final Report-Silicon Metal Purity Enhancement”

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com