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INTERVIEW: Monarques $MQR.ca Discusses Acquisition of Richmont Mines $RIC Assets in Quebec, Becoming a #Gold Producer
Posted by
at 9:17 AM on Wednesday, October 11th, 2017
Monarques Gold $MQR.ca Announces a Custom Milling Contract for up to 55,000 Tonnes with Eldorado Gold $ELD
Posted by
at 3:56 PM on Tuesday, October 10th, 2017
- Announced custom milling contract with Eldorado Gold Corporation
- To process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec
- Contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017
Monarques’ Camflo mill pours its first gold bar from the Lamaque mine ore
MONTREAL, Oct. 10, 2017 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce the signature of a custom milling contract with Eldorado Gold Corporation (“Eldorado”) (TSX: ELD; NYSE: EGO) to process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec. The contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017. The contract can be extended by mutual agreement of both parties.
“This is very good news for Monarques and our team at the Camflo mill,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “This contract will enable the Camflo mill to operate at 90% of its 1,200 tonne-per-day capacity, and will effectively reduce the operating costs for the Beaufor mine over the coming months. We have also received a certificate of authorization from Quebec’s ministry of sustainable development, environment and climate change to increase the operating capacity of the Camflo mill to 1,600 tonnes per day, allowing us to offer custom milling services to other prospective clients.”
The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person under National Instrument 43‑101.
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
View original content with multimedia: http://www.newswire.ca/en/releases/archive/October2017/10/c6152.html
Jean-Marc Lacoste, President and Chief Executive Officer,1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2017
Global Hemp Group $CHG.ca and Marijuana Company of America $MCOA to Enter Joint Venture Agreement with Space Cowboys’ Colorado Farm
Posted by
at 11:18 AM on Tuesday, October 10th, 2017
- Marijuana Company of America Inc.  and Global Hemp Group announce that they have jointly entered into a letter of intent with Space Cowboys, Inc. or the purposes of forming a joint venture
- Space Cowboys is an existing fully licensed and compliant hemp-derived cannabinoid producer in Colorado
Escondido, California–(October 10, 2017) – Marijuana Company of America Inc. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, and Global Hemp Group (CSE: GHG) (FSE: GHG) (OTC Pink: GBHPF), (collectively the “Companies“), are pleased to announce that they have jointly entered into a letter of intent with Space Cowboys, Inc. (“Space Cowboys“) for the purposes of forming a joint venture (the “Joint Venture“). Space Cowboys is an existing fully licensed and compliant hemp-derived cannabinoid producer in Colorado.
Pursuant to the terms of the letter of intent and subject to the Companies obtaining sufficient financing, the Companies will invest US$2.5 Million in exchange for a 25% equity interest in Space Cowboys. The investment funds will be used to expand Space Cowboys’ cultivation operation.
Space Cowboys is in its fourth year of operation and is in full compliance with Colorado state law and the Colorado Department of Agriculture. The business consists of both indoor and outdoor cultivation of highly concentrated CBD hemp on properties located in Longmont and Loveland, Colorado. Space Cowboys’ current hemp crops will be harvested in the latter part of October and prepared for extraction of the high-value cannabinoids.
In addition to the potential revenue streams generated from Space Cowboys’ ongoing high cannabinoid hemp production, this Joint Venture will provide the opportunity to be a part of a legal operation with the extensive knowledge and experience required to cultivate and process industrial hemp into raw cannabinoids. For MCOA, it will also provide a consistent cannabinoid supply from a known source and trusted partner for its hempSMARTâ„¢ product line. This will also enable Global Hemp Group to develop its Hemp Agro-Industrial Zone concept.
“MCOA has always been interested in developing hemp farms and processing here in the United States. By initiating this Joint Venture, the Company will accomplish this objective along with securing its supply chain of raw cannabinoids. It is an important step in the continued development of the hempSMART brand, which distributes a hemp-based Cannabinoid product line,” said CEO, Donald Steinberg.
The transaction is subject to a number of conditions, including but not limited to, completion of satisfactory due diligence, entry into a definitive agreement and receipt of any necessary regulatory approvals. There is no assurance such conditions will be met or that the Companies will be able to secure the financing necessary to complete the transaction on acceptable terms or at all.
About Space Cowboys
Space Cowboys operates hemp farms in the state of Colorado for the primary purpose of Cannabinoid production. Space Cowboys’ operations are in full compliance with Colorado state law and the Colorado Department of Agriculture.
About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues, and establish a greater collective valuation.
About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMARTâ„¢”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.
Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
For more information, please visit the Company’s websites at:
Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Email Contact
Namaste $N.ca Announces September Sales of C$1.2m Representing a 132% Year-On Increase #Vapes #Vaping #MMJ
Posted by
at 7:36 AM on Tuesday, October 10th, 2017
- September 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were C$1,198,765
- Representing a 132% year-on-year growth in sales
VANCOUVER, British Columbia, Oct. 10, 2017 — Namaste Technologies Inc. (“Namaste†or the “Companyâ€) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce September 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were C$1,198,765, representing a 132% year-on-year growth in sales.
The table below displays a breakdown of Namaste’s revenue by sales channel.
| Revenues – September 2017 (C$) | ||||||||||||
| Namaste | 475,053 | |||||||||||
| EDIT | 170,582 | |||||||||||
| Australian Vaporizers | 431,108 | |||||||||||
| Green Vapes | 12,095 | |||||||||||
| Distribution Goods | 148,623 | |||||||||||
| Dropshipping | 12,095 | |||||||||||
| Channels | 46,192 | |||||||||||
| Total revenues | Â | Â | Â 1,295,748 | |||||||||
The table below outlines gross sales of Namaste’s major sites and includes site traffic, conversion rates, total number of orders per site and average online basket price.
| Selected operating data e-Commerce September 2017 in C$ |
|||||||||||||||||||||||
| Â | traffic | conversion |
orders | basket price |
 gross revenues |
||||||||||||||||||
| Namaste | 109,409 | 2.29% | 2,505 | $ | 207 | $ | 518,138 | ||||||||||||||||
| Australian Vaporizers | 40,705 | 5.30% | 2,158 | $ | 219 | $ | 473,606 | ||||||||||||||||
| EDIT | 209,822 | 1.30% | 2,736 | $ | 70 | $ | 192,418 | ||||||||||||||||
| GreenVapes | 3,685 | 1.74% | 64 | $ | 228 | $ | 14,603 | ||||||||||||||||
| Total | Â 363,621 | 2.05% | Â 7,463 | $ | 161 | $ | 1,198,765 | ||||||||||||||||
Namaste continues to produce strong revenue during a typically slow period for e-commerce sales. Through implementation of new site platforms and machine learning algorithms, Namaste is focused on increasing organically driven revenue across its platform and expects to see significant growth in monthly revenues while entering into the busiest season of the year for e-commerce.
Management Commentary
Sean Dollinger, President and CEO of Namaste comments: “We’re quite pleased to see such strong revenue numbers for September this year and incredible year-on-year growth. As we enter into busy season, we expect to see a dramatic increase in sales leading up to the holidays. We are also very pleased to be making progress with our Cannmart facility and are focused on working with Mr. David Hyde and Eurofins Experchem Laboratories Inc. as well as Health Canada to continue with our plan to launch our medical cannabis sales platform early in the new year.â€
About Namaste Technologies Inc.
Namaste Technologies Inc. (“Namasteâ€) 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 ACMPR Program) 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 Dollingerâ€
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:
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.
Peeks Social $PEEK.ca Announces Launch of Get Popular Service and #AGORACOM Online Marketing and Awareness Program
Posted by
at 8:42 AM on Friday, October 6th, 2017
- Announced the launch of the “Get Popular” service
- Get Popular service is a user focused self-promotion tool which will allow users to purchase advertising units for themselves or for their content to be featured in certain positions in the Peeks Social app’s Popular Channel, Live Channels, and similar pages
TORONTO, ON–(October 06, 2017) – Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) (“Peeks Social” or “the Company”) is pleased to announce the launch of the “Get Popular” service. The Get Popular service is a user focused self-promotion tool which will allow users to purchase advertising units for themselves or for their content to be featured in certain positions in the Peeks Social app’s Popular Channel, Live Channels, and similar pages. The Get Popular feature provides another revenue stream for the Peeks Social platform in addition to the platform fees currently charged on user generated tipping. Certain broadcasters on the Peeks Social platform are now earning up to $250,000 per year and this new feature will assist content creators to become more easily discovered thereby further monetizing their social following.
As indicated in a press release dated September 14, 2017, the Get Popular service is one of three of the product’s advertising and sales services that are core features of the revenue generation model on the Peeks Social platform. The Peeks Social Ad-share Network and the updated version of the OfferBox remain on schedule for release. Peeks Social’s business development team is currently in the process of integrating multiple brands, products, and services that will be launching with the new OfferBox.
INVESTOR RELATIONS
“As the Peeks Social platform develops and matures, the Company is taking definitive steps to promote its value proposition and investment thesis to the investment community. Through partnership with leading industry service providers, Peeks Social will raise the profile of the application and the Company simultaneously,” states Mark Itwaru, CEO of the Company.
Peeks Social is implementing an online marketing and awareness program through AGORACOM. AGORACOM will provide significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of various different AGORACOM digital platforms will be included in the service offering to raise brand awareness of the Company among retail small cap investors. The Company intends to issue shares for services to AGORACOM in exchange for the online advertising marketing and branding services. The determination of the number of the shares to be issued at the end of each billing period will be determined by using the closing price of the shares of the Company on the TSX Venture Exchange on the first trading day following each period for which services were provided by AGORACOM. The term of the Agreement is for 12 months effective immediately. The Company will issue a press release after the issuance of shares under the terms of the agreement.
Sniper Capital Corp. has also been retained to perform investor relations for the Company for a term of three (3) months, with a renewal option, unless terminated by the Company upon thirty (30) days prior written notice. Sniper Capital Corp. will be paid a monthly fee of $6,000 (plus HST). The appointment of Sniper Capital Corp. is subject to the approval of the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
[email protected]
David Vinokurov
Investor Relations
416-716-9281
[email protected]
St Georges $SX.ca Provides #Lithium Processing Update & New Canadian Focused Subsidiary
Posted by
at 3:49 PM on Thursday, October 5th, 2017
- Provides update on the progress of a few of its business initiatives
- Received in Montreal a first delivery of material from the Bonnie Claire sedimentary lithium project, which is 100% owned by Iconic Minerals (TSX-V: ICM)
Montreal, Quebec / October 5, 2017 – St-Georges Platinum & Base Metals ltd (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to update its shareholders and stakeholders on the progress of a few of its business initiatives.
Lithium Research Initiative Update
The Company has received in Montreal a first delivery of material from the Bonnie Claire sedimentary lithium project, which is 100% owned by Iconic Minerals (TSX-V: ICM). St-Georges’ metallurgists have devised a protocol to extensively test the material in order to prepare a multi-tonne larger bulk test in a pilot plant environment later this fall in collaboration with St-Georges R&D partners. Please refer to St-Georges’ press release dated August 10, 2017 for details regarding the relationship between St-Georges and Iconic Minerals.
St-Georges’ research team will be working on the optimization of the lithium recovery process specific to the Bonnie Claire project’s mineral composition and will be reviewing the potential economic recovery of secondary commodities such as strontium. The approach can be summed up to a combination of hydrometallurgy and mineral process configured in such a way that it optimizes the liquid separation of the valuable elements. St-Georges has now moved away from the stage of the proof of concept and is currently characterizing and identifying the key performance indicators for each step of the lithium recovery pertinent to Bonnie Claire’s mineral material.
New Canadian Focused Subsidiary
Mr. Mark Billings, chairman of the board of St-Georges, will become the president of a new subsidiary of St-Georges that will be receiving certain assets of the company, including the nickel, copper & cobalt project known as the Isoukustouc Project, which is located on the Quebec North Shore, north of the deep-sea port town of Baie-Comeau and on the territory of the Quebec Government Initiative known as the “Northern Plan”.
About Isoukustouc
Owned 100% by St-Georges, the Isoukustouc Project is located 75 km north of the town of Baie-Comeau on the Quebec North Shore and is composed of 32 claims representing an approximate total of 1,800 hectares or 18 square kilometers. Previously reported historical assay values obtained on selected grab samples yielded grades of 17.00% wt. copper, 3.84% wt. nickel and 0.20% wt. cobalt. The 2012 surface sample program from the B40 section yielded 1.85% nickel and 0.335% copper on average. An exploration program of 2,343 line-km of airborne magnetic geophysical survey with 100m spacing was completed in 2011.
ON BEHALF OF THE BOARD OF DIRECTORS
“Frank Dumas’
FRANK DUMAS, PRESIDENT & CEO
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 Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Microsoft $MSFT could become the #Ticketmaster of #Esports analyst says $GMBL
Posted by
at 3:17 PM on Thursday, October 5th, 2017
- Microsoft is headed for a “sustained period of accelerating growth” driven by its cloud computing, office productivity software and potential esports cash cows, according to Canaccord Genuity.
- “Perhaps Microsoft could become the Ticketmaster of eSports, maybe they could run leagues,” the firm’s analyst writes.
Getty Images
Satya Nadella, chief executive officer of Microsoft
Microsoft’s growth could get a boost from its latest Xbox launch as well as its exploration of the growing esports industry, according to one Wall Street analyst.
Canaccord Genuity upgraded Microsoft shares to buy from hold Wednesday, noting that the Xbox maker could give more credibility to the budding world of esports, which is centered on video game tournaments and already attracts thousands of participants and viewers.
“In our view, this is both an area of future internal development and prospective M&A,” wrote analyst Richard Davis. “With regard to M&A, perhaps Microsoft could become the Ticketmaster of eSports, maybe they could run leagues.”
Microsoft is set to release its latest generation of Xbox, called the Xbox One X, in November. Davis added that Microsoft‘s office productivity programs and its cloud computing platform, Azure, could also accelerate growth.
Shares of Microsoft rose 0.5 percent shortly after Thursday’s market open. The company’s stock is up 20 percent year to date through Wednesday.
The analyst raised his price target for Microsoft shares to $86, which is 15 percent higher than Wednesday’s closing price. His old target was $76.
Esports are turning a lot of heads lately. Industry revenue is expected to hit $1.1 billion in 2019, and roughly 76 percent of esports fans claim the virtual tournaments are overtaking their time spent watching traditional sporting events, according to research firm Newzoo.
New England Patriots owner Robert Kraft recently made headlines by purchasing one of seven teams for the Overwatch League, a popular online game produced by Activision Blizzard.
“For brands, media, and entertainment companies, esports provides a chance to capitalize on the favorite pastime of digital natives and Millennials: playing games and watching game content,” Newzoo’s analysts wrote in the firm’s annual esports market report.
Source: https://www.cnbc.com/2017/10/05/microsoft-could-become-the-ticketmaster-of-esports-analyst-says.html
FEATURE: betterU $BTRU.ca Partners With Adobe $ADBE #edtech #Education #India
Posted by
at 2:29 PM on Thursday, October 5th, 2017
CONNECTING GLOBAL EDUCATION WITH THE INDIAN MARKETPLACE
WHY BETTERU EDUCATION?
- The ONLY Global Education Marketplace Serving India
- betterU Partners With Adobe to Deliver Leading Digital Experience Programs in India
- Capitalizing On Mobile Payments Structure Others Unable To Provide
- Unique Ability To Collect From 200 Different Payment Methods in India
- As A Result, Leading Global Online Education Providers Use BetterU
- BetterU Receives 20 – 50% Of All Revenues Generated
- Indian Government Mandate To Educate 500 million by 2022
- India Expecting To Double Online Education From $20B to $40B In 2017
Who Is Augusta Industries $AAO.ca Why Are The World’s Biggest Companies Their Clients And Why Did They Just Announce A Spin Out?
Posted by
at 11:36 AM on Thursday, October 5th, 2017
Augusta Industries (AAO:TSXV) is a superstar company that very few people small cap investors have ever heard of.  More than just lip service, take a quick look at the client rolls of their 2 subsidiaries. Once you do, you’ll understand why Augusta just announced a spin out transaction that will split the subsidiaries into two companies, making shareholders very happy.
SUBSIDIARIES OVERVIEW
1]  FOX-TEK – World leading solutions to various sectors including the oil and gas industry. With non- intrusive technologies including: fiber optic sensors and electric field mapping systems; FOX-TEK is able to accurately measure changes that could negatively impact clients’ operations, the list of which includes the following Tier-1 Energy Companies.
How strong are FOX-TEK’s client relationships? Read the following article written by Enbridge and published on its own website:
On it’s own, FOX-TEK would be a great small cap company – but they only tell half of the Augusta story.
2]  Marcon International – an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment to clients that include government departments and global energy companies.
SPINOUT TO UNLOCK VALUE OF EACH COMPANY
Investors can now begin to understand why Augusta wants to separate each of these fantastic companies into their own companies. Specifically, Augusta Industries is aiming to deliver $25M in additional shareholder value with its Sensor Technologies spin out announcement on September 28th.  At the time of “Spin outâ€, Augusta will own 50 Million shares of Sensor Tech, and 100% of Marcon International, unleashing the potential for explosive growth through its multinational relationships and state of the art monitoring technology.
Augusta is a burgeoning beast in the Oil & Gas service sector with its multi-faceted approach to creating shareholder value for its shareholders. With a current 10M$ market cap and an anticipated 25$ million of value to be delivered to shareholders through the spin-out, in addition to the Second Business Unit Augusta Owns “Marcon International”, $3.8 Mil In Sales Yr end 2016. A spin out of Marcon can be valued at 3 x Revenue. Augusta stands to deliver both immediate value for current shareholders and long-term value for anyone else that discovers this unknown smallcap gem!
betterU $BTRU.ca Partners With Adobe $ADBE to Deliver Leading Digital Experience Programs in India
Posted by
at 9:21 AM on Thursday, October 5th, 2017
- Entered into an agreement with Adobe to drive and promote Adobe’s self-paced education programs to the India market through betterU’s Global Education Marketplace
OTTAWA, Oct. 05, 2017 — betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation†or “betterUâ€) is pleased to announce that it has entered into an agreement with Adobe to drive and promote Adobe’s self-paced education programs to the India market through betterU’s Global Education Marketplace.
betterU continues to support India by working together with leading educators from around the world, offering top quality education to advance the skills of the population. “Skilling up millions of people requires a collective collaborative approach that focuses on bringing together all relevant educational services and content partners onto one delivery system. Adobe is yet another great example of leaders working to support India’s educational needs,†said Bradley Loiselle, President and CEO, betterU.
“The Government’s Digital India initiative has bolstered stronger broadband connectivity throughout India, and resulted in significant uplift in the creation of jobs across industries including IT and Telecom, both directly and indirectly. Digital India has also led to an increasing focus on delivering compelling digital experiences, thus adding to the demand for skilled professionals on leading technologies by companies like Adobe. betterU’s programs on Adobe Experience Manager and Adobe Analytics will enable skills development towards the Digital India initiative, and drive wider reach of Adobe’s educational programs across industries such as health, education, IT, agriculture, banking and more,†said Kulmeet Bawa, Managing Director – Adobe South Asia.
betterU is partnering with Adobe to help upskill the next wave of digital talent in the market. Self-paced learning from Adobe Digital Learning Services on Adobe Experience Manager and Adobe Analytics for web experience authors and digital analysts will now be available through betterU’s Global Education Marketplace.  “Adobe Digital Learning Services is engaged with both partners and industry to help people deliver digital experiences through skills and enablement programs. Our partnership with betterU helps us address the skills and talent shortage in the market,â€Â says Kim Peretti, Global Head of Adobe Digital Learning Services.
About Adobe
Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.
About betterU
betterU, an online education technology company, aims to provide access to quality education from around the world in order to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU’s offerings can be categorized into four broad functions: to complement school programs with flexible KG-12 programs preparing children for next stage of education, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.
www.betterU.ca and www.betterU.in
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.
For further information, please visit
http://www.betteru.ca/investor-overview/
Investor contact:
Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]