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INTERVIEW: American Creek Discusses New Intersections of Mineralization Grading 5.1 Meters of 9.57 G/T Gold $AMK.ca
Posted by
at 11:56 AM on Thursday, August 10th, 2017
St-Georges to Develop Extraction Technology for Lithium Developer $SX.ca
Posted by
at 11:25 AM on Thursday, August 10th, 2017
- Signed binding term sheet with Iconic Minerals Ltd (TSX-V: ICM)
- St-Georges has agreed to provide research and development utilizing products, extraction methods and proprietary technology to develop Iconic’s Bonnie Claire lithium project in separation, recovery, and purification of lithium from its lithium bearing material
Montreal, Quebec / August 10, 2017 – St-Georges Platinum and Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has signed a binding term sheet with Iconic Minerals Ltd (TSX-V: ICM) pursuant to which St-Georges has agreed to provide research and development utilizing products, extraction methods and proprietary technology to develop Iconic’s Bonnie Claire lithium project in separation, recovery, and purification of lithium from its lithium bearing material.
In consideration for the R&D, which will include engineering services, and once a definitive agreement has been entered into, Iconic has agreed, subject to receipt of acceptance by the TSX Venture Exchange, to issue St-Georges up to 5,000,000 common shares of its capital stock. The issuance will be done in stages over a 36-month period commencing on the date of execution of the Definitive Agreement. St-Georges has agreed that any and all Compensation Shares issued will be held by a third party escrow agent and released to St-Georges at the end of the 36-month period, contingent on St-Georges reaching certain performance benchmarks.
The Parties will establish a royalty stream on the commercial output of the Property for the entire mine life, which will be opposable to any successors of Iconic as a lien on the mining assets. St-Georges and Iconic will negotiate a right of first refusal in favor of Iconic. The royalty, of which further details will be defined in the definitive agreement within the guidelines of the “Royalty Formula” of the binding term sheet, will take the form of a 5% Net Revenue Interest or Net Revenue Return.
A further News Release will be disseminated once the Definitive Agreement has been entered into. The definitive agreement will be subject to acceptance of the board of directors of both companies and subject to review by regulatory authorities.
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 control 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 the 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.
INTERVIEW: betterU Connecting Global Education with the Indian Marketplace $BTRU.us
Posted by
at 9:23 AM on Thursday, August 10th, 2017
Global Payout, Inc. and MoneyTrac Technology Enter the Multi-Billion Dollar CBD Market through their Agreement with H Smart, Inc. $MCOA.us
Posted by
at 12:29 PM on Wednesday, August 9th, 2017
- Majority owned subsidiary, MoneyTrac Technology, Inc.,has completed an agreement with H Smart Inc. a division of Marijuana Company of America
- Technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates
- GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter
SAN DIEGO, CA–(Aug 9, 2017) – Global Payout, Inc. (OTC PINK: GOHE) (the “Company”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has completed an agreement with H Smart Inc. (a division of Marijuana Company of America, “MCOA”), a developer and distributor of innovative wellness and Cannabidiol (“CBD”) products, for the use of MTRAC’s financial technology platform. The technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates. GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter.
H Smart will provide MTRAC with a pivotal opportunity to enter into the emerging CBD market, which according to information provided by the Hemp Business Journal, is estimated to grow to a $2.1 billion market in consumer sales by 2020, representing a 700% increase from 2016. MoneyTrac COO, Vanessa Luna says, “This agreement with H Smart is another example of MoneyTrac’s ongoing commitment of identifying businesses in alternative market sectors that can benefit immensely from the financial technology solutions our platform is equipped with. We are very excited to be given the opportunity to integrate our technologies into this rapidly-growing CBD market, and look forward to becoming a valuable resource to H Smart as they work to expand their market reach within the Wellness Industry.”
Robert Hymers, CEO of H Smart says, “H Smart’s core mission is to provide educated consumers with access to the highest quality CBD technologies and products. The financial technology solutions that MoneyTrac will deliver will help create the most efficient transaction process for our affiliates who will be at the forefront of marketing our innovative wellness and CBD products to consumers.”
The Company expects for MTRAC to continue identifying and extending their technology platform to the many businesses currently operating in alternative market sectors, all while growing revenues and building value for its shareholders.
About Global Payout, Inc. (OTC PINK: GOHE)
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system and “Global Reserve Platform” in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.
About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various “high-risk” industries. MoneyTrac’s technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.
About Marijuana Company of America (MCOA)
Marijuana Company of America (“MCOA”) is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov Contact Information
- FOR ADDITIONAL INFORMATION:
Global Payout, Inc.
www.globalpayout.comMoneyTrac Technology, Inc.
www.moneytractechnology.comCONTACT:
Public Relations and Media Contact:
619-795-5810
American Creek Reports New Gold Zone Discovery at Treaty Creek – Intersects Stratabound Mineralization Grading 5.1 Meters of 9.57 G/T Gold $AMK.ca
Posted by
at 9:31 AM on Wednesday, August 9th, 2017
- Announced that JV partner and operator Tudor Gold Corp has discovered a new gold zone at the Treaty Creek Project
- Stratabound Mineralization Grading 5.1 Meters of 9.57 G/T Gold
- Five additional holes have been completed on this target at the Treaty Creek Property and assays are pending
CARDSTON, ALBERTA–(Aug. 9, 2017) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) (“the Corporation”) is pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has discovered a new gold zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.
Tudor reported the following:
[The new zone was intersected in Hole HC-17-01 designed to test for northern extensions of GR2 zone mineralization as encountered in previous drilling in 2007 and 2009. Hole HC-17-01 intersected a stratabound, brecciated and silicified sulphide venting zone containing tetrahedrite, Sb-sulphosalts and pyrite located at the contact between an upper pervasively hydrothermally altered volcaniclastic unit and a footwall mudstone unit. The entire interval from 247.3 to 254.45m returned 7.15m of 6.20 g/t gold, including the venting zone – 1.05m of 4.12 g/t gold from 247.3 to 248.35m – and the vented sulphides in the immediate footwall mudstones – 5.1m of 9.57 g/t gold from 249.35m to 254.45m. True widths are uncertain at this time.
Five additional holes have been completed on this target at the Treaty Creek Property and assays are pending. Concurrently, drilling is proceeding with a second drill on the adjacent Copper Belle zone on porphyry gold and gold-copper targets. A third drill is being mobilized to the Treaty Creek Property.
Walter Storm, President and CEO of Tudor Gold commented as follows: “We are very encouraged by the results from the first hole into this target, particularly as it appears gold mineralization is extending to the north. The style of mineralization, stratabound sulphides, particularly tetraedrite, elevated gold values, hosted in mudstones, is also encouraging as it has affinities with the unique Eskay Creek mine mineralization located 12 km to the west.”]
Darren Blaney, President and CEO of American Creek stated: “This is a great start to the drill program at Treaty Creek. What is most exciting is that this newly discovered northern zone has key Eskay signatures such as stratiform mineralization, a mudstone host, and tetrahedrite. This may well be the catalyst to the Treaty Creek Project getting the market exposure and recognition it deserves. With three drills now turning on the property, we look forward to further developments as the program advances.”
Tudor’s main goals for the 2017 Treaty Creek program as outlined in their previous April 4, 2017 news release are: “Two of the primary goals of the 2017 exploration program on the Treaty Creek claims are to develop a primary resource estimate on the Copper Belle zone and to determine how much further drilling is required to develop a preliminary resource estimate on the GR2 zone.”
A summary of the Treaty Creek project can be viewed here: http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf
The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).
About American Creek
American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk and Glitter King.
Information relating to the Corporation is available on its website at www.americancreek.com.
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.
American Creek Resources Ltd.
Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com
BULLETIN: Casinos embrace esports even as they work to understand it $GMBL.us
Posted by
at 10:44 AM on Tuesday, August 8th, 2017
- Competitive video game tournaments, known as esports, are a growing industry around the world
- fast-paced action, vivid graphics and often violent on-screen action is catnip to millennials, the audience casinos are targeting as their core slot players grow old and die
In this March 31, 2017 photo, video game players compete against one another in an esports tournament at Caesars casino in Atlantic City, N.J. Casinos are slowly embracing esports as a way to help their bottom line, but so far, the money is coming from renting hotel rooms to the young players and selling them food and drinks, not from turning them into gamblers. (AP Photo/Wayne Parry)
ATLANTIC CITY, N.J. — Casinos are slowly embracing competitive video game tournaments as a way to help their bottom lines, but the money is coming from renting hotel rooms to the young players and selling them food and drinks, not from turning them into gamblers.
Like most other ways gambling halls have tried to attract millennials and their disposable income, it hasn’t been easy. Atlantic City was first city in the nation to adopt skill-based slot machines to woo millennials but bailed on them after a few months when the response was underwhelming.
Competitive video game tournaments, known as esports, are a growing industry around the world. The fast-paced action, vivid graphics and often violent on-screen action is catnip to millennials, the audience casinos are targeting as their core slot players grow old and die.
But it’s been difficult to move them from the video console to the craps table.
“Everybody’s still trying to figure out, how do you make this appealing for the consumer and make sense for the business? How do we all profit from this?†said Kevin Ortzman, Atlantic City regional president for Caesars Entertainment, which owns three casinos in the city.
The company in March hosted an esports tournament at Caesars that drew about 900 competitors and spectators.
The bottom line result was encouraging, if not dynamite.
“We certainly experienced a spike in our hospitality offerings — the hotel, food and beverage side of things,†Ortzman said. “We didn’t see as much on the gambling side, which we weren’t terribly surprised by.â€
But he said coming up with ways to attract millennials is a necessity for the casino industry as a whole, adding that esports players could be cultivated to embrace casinos for video game competitions the way their parents and grandparents went there to play slot machines.
Gambling requires discretionary income and free time, things that people starting their careers or families may not have in abundance, said David Schwartz, director of the Center for Gaming Research at the University of Nevada-Las Vegas.
“The big question is whether people who are 40 or 20 now will begin to play casino games as they get older,†Schwartz said. “This isn’t a given.â€
Schwartz agreed the real money for casinos in esports tournaments comes from ancillary spending on food, drinks and hotel rooms.
The Caesars video tournament offered $200,000 in prize money, including a $70,000 top prize, that lured players like Jose Mavo, of Charlotte, North Carolina, who has been playing competitively for a decade and has become a casino customer as a result of being in tournaments hosted by gambling halls.
“We had a tournament in Vegas, and that was the first time I went to a casino, so ever since then, I’ve been gambling quite a bit,†he said, listing blackjack and roulette as favourites.
Alec Collins, of Piedmont, South Carolina, who goes by the competitive name Shock, is only 18, so he’s three years away from gambling legally. But it’s something he’d like to try then.
“I love Atlantic City so in a few years I would definitely come back and experience the casino a little bit,†he said.
Until then, he added, referring to the video game competition, “We’re just here to shoot our guns.â€
Wall Street sees growth potential in esports. Deloitte Global pegged the worldwide esports market last year at $500 million, up from $400 million in 2015, and estimated the industry has a global in-person or online audience of nearly 150 million people a year.
Newzoo, a company following the esports market, predicted in a report that esports will generate nearly $700 million this year, including media rights, ticket and merchandise sales, brand partnerships and game maker investments. The company projects that figure will surpass the $1.5 billion mark by 2019.
One of the biggest supporters of esports among casino owners is Seth Schorr, CEO of the Downtown Grand in Las Vegas, whose casino regularly hosts video game tournaments that, he said, “make a little bit of money.†But Schorr said the tournaments offer other revenue opportunities, including suites for groups and meal packages.
“Is it the silver bullet? Of course not,†he said. “Is it one tactic in an overall strategy? Of course it is.â€
BULLETIN: Gold Prices Score a Lift as Dollar Softens $AMK.ca $EXS.ca $MQR.ca $OPW.ca $GGX.ca $GR.ca
Posted by
at 10:19 AM on Tuesday, August 8th, 2017
- Gold futures rose on Tuesday as the U.S. dollar retreated, giving dollar-pegged commodities a modest lift in early trade.
- December gold GCZ7, +0.28%  was $5.80, or 0.5%, higher at $1,270.50 an ounce, with the contract looking at back-to-back gains after Monday’s tepid rise.
The ICE U.S. Dollar Index DXY, -0.12% a gauge of the buck against a half-dozen currency rivals, was down 0.1%. Although the dollar has climbed 0.5% so far this month, the currency gauge is down 2.8% over the past 30 days, underscoring the greenback’s recent downtrend amid doubts about the pace of economic growth in the U.S., including signs of weaker-than-hoped-for inflation. The uncertain economic picture leaves financial markets wondering if the Federal Reserve will raise interest rates again this year.
A softening dollar can make assets linked to the currency more attractive to buyers using weaker currencies.
Meanwhile, September silver SIU7, +0.79% added 12 cents, or 0.8%, at $16.38, putting the white metal in position to end a four-session slide.
Tuesday’s rise for metals also comes amid heightened geopolitical risk, headlined by rising tensions between the U.S. and North Korea and its nuclear aspirations.
“Gold needs to break and trade over $1273.30 [an ounce] for the rest of the day to zoom,†said Chintan Karnani, chief market analyst at Insignia Consultants, based in New Delhi.
“Political news from [the U.S.] will be the key market mover today. The fact that U.S. dollar has not zoomed after the release of Friday’s July nonfarm payrolls can result in more losses for the greenback in the short term,†Karnani said.
The Labor Department on Friday showed that the U.S. added a better-than-expected 209,000 in July, pushing the unemployment rate to a 16-year low at 4.3%, but wage data remained tepid.
Mark O’Byrne, research director at GoldCore Ltd., said Friday’s selling in gold after the jobs report may have been overdone and said recent moves for the metal reflects that view. It’s also reflective of an uptick in concerns about meaningfully adding to assets perceived as risky with concerns persisting over drama in President Donald Trump’s White House and worries about a potential hike to the U.S. debt ceiling to avoid a government shutdown.
“I think there’s a little bit of risk aversion in the market,†O’Byrne said.
The Goldcore analyst said he’s optimistic on gold’s price for those reasons but recognizes that it could easily swing lower on sentiment that favors risk assets like stocks, with the Dow Jones Industrial Average DJIA, -0.14% and the S&P 500 index SPX, -0.16% both hitting all-time highs on Monday.
Tuesday’s modest gains in metals also comes as China trade data showed July exports and imports grew at a slower pace than they had recently, which should be a headwind for commodities prices.
Lackluster data have pressured shares of European miners, including iron-ore producers BHP Billiton PLC BLT, -1.29% BHP, -1.41% BHP, -0.23% Â and Rio Tinto PLC RIO, -1.66% RIO, -1.25% RIO, -0.45% Anglo American PLC AAL, -0.50% lost 0.5%, while copper miner Antofagasta PLC ANTO, -0.52% moved down 1.2%.
In exchange-traded funds, the SPDR Gold Shares GLD, +0.45% rose 0.5% premarket, mining-company focused VanEck Vectors Gold Miners ETF GDX, +0.86% advanced 0.9%, while silver-oriented iShares Silver SLV, +1.17% gained 0.9%.
Source: http://www.marketwatch.com/story/gold-prices-score-a-lift-as-dollar-softens-2017-08-08
$MCOA.us At The Forefront of #Hemp Marketing and Distribution, Recently Announced $5 Million Fixed Funding Commitment
Posted by
at 9:25 AM on Tuesday, August 8th, 2017
RECENT EVENTS
- Announced a $5 Million Fixed Funding Commitment READ MORE
- Company Announces the Filing of Form 10 Registration Statement with SEC READ MORE
- Launch of New Website READ MORE
- Company Invests in Global Payout’s MoneyTrac READ MORE
- Announced Formation of Strategic Advisory Board READ MORE
- Finalized Joint Venture Agreement With Bougainville Ventures in Washington State READ MORE
- Completed PCOAB Audit READ MORE
BRANDS
MCOA is aggressively building a portfolio of investments and joint ventures that represent the highest integrity and professionalism in the legal cannabis markets.
Explor $EXS.ca Flagship Hosts NI 43-101 Resource – 609K Oz Indicated , 470K Oz Inferred $EXS.ca
Posted by
at 9:54 AM on Friday, August 4th, 2017
- Flagship Property Offers The Following:
- NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
- Property Is 13 KM From Downtown Timmins
River Valley #PGM Project Canada’s Largest Undeveloped Primary PGM Resource, With 2.5 Moz PGM In Measured Plus Indicated Mineral Resources $NAM.ca
Posted by
at 5:18 PM on Thursday, August 3rd, 2017
(NAM:TSXV)
- PGM Division: focus on Development of the 100% owned River Valley PGM Project. Canada’s Largest Undeveloped Primary PGM Resource, with 2.5 Moz PGM, in Measured plus Indicated mineral resources.
River Valley PGM Project
Largest Undeveloped Primary PGM Deposit in Canada
River Valley PGM Project is located 100 km east of Sudbury, Ontario
- Sudbury hosts 1 of the Top 4 Nickel, Copper & PGM Mining & Processing Facilities in the World
- Skilled Workforce, Established Mining Culture; Safe, Stable Pro-Mining Jurisdiction
- Excellent Road Access to River Valley Property; Rail and Power Nearby
- $30M Invested in Exploration, Large High-Confidence Resource, Favourable Metallurgy