Agoracom Blog Home

Posts Tagged ‘#smallcapstocks’

Tartisan $TN.ca Closes the Sale of the Alexo-Kelex #Nickel Project to Vanicom Resources Limited of Perth, Western Australia $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 8:58 AM on Thursday, October 25th, 2018

Tc logo in black

  • Company has signed a Definitive Purchase Agreement with VaniCom Resources Limited of Perth, Western Australia for the sale of a 100% interest in the Alexo-Kelex Nickel Project located near Timmins, Ontario
  • purchase terms included the initial payment of C$50,000 by VaniCom to the Company on signing the Binding Letter of Intent with a further payment of C$100,000 to the Company on signing the Definitive Purchase Agreement

Not for distribution to U.S. news wire services or dissemination in the U.S.

TORONTO, ON / October 25, 2018 / Tartisan Nickel Corp. (CSE: TN, FSE: A2DPCM) (“Tartisan”, or the “Company”) is pleased to announce that the Company has signed a Definitive Purchase Agreement with VaniCom Resources Limited (“VaniCom”) of Perth, Western Australia for the sale of a 100% interest in the Alexo-Kelex Nickel Project located near Timmins, Ontario.

The purchase terms included the initial payment of C$50,000 by VaniCom to the Company on signing the Binding Letter of Intent with a further payment of C$100,000 to the Company on signing the Definitive Purchase Agreement. In addition, VaniCom has undertaken to issue to Tartisan 1,750,000 common shares in the capital of VaniCom Resources Limited with a deemed value of C$350,000 and subject to a six month lock-up provision. Tartisan will also receive a 0.5% Net Smelter Return Royalty on any future production from the Alexo-Kelex Nickel Deposit. VaniCom has the right to purchase the Royalty for $1,000,000. The Definitive Purchase Agreement also includes a requirement that VaniCom incur at least C$750,000.00 on exploration and development on the Alexo-Kelex over a 36-month period. Tartisan Nickel will also be entitled to receive a cash rebate from the Financial Assurance associated with the Reclamation Bond proceeds of up to approximately C$230,000 through a formal application process with the Ministry of Energy, Northern Development and Mines.

Tartisan CEO Mark Appleby commented, “We have concluded the sale of the Alexo-Kelex Nickel Project to VaniCom Resources Limited. The monetization of the Alexo-Kelex, a non-core asset, brings value to our shareholders, while retaining upside on the asset. Furthering the Alexo asset, while avoiding dilution and receiving cash and securities, will allow us to focus on the Kenbridge Deposit and other initiatives in an otherwise challenging mining environment. We are pleased to be working with VaniCom”.

The Alexo-Kelex Project produced 30,138 tonnes of ore averaging 1.92% nickel containing 1.3 million pounds of nickel in 2004 and 2005. Historically, the Alexo Deposit produced an additional 57,000 tonnes at 3.6% nickel for a total of 4.5 million pounds of contained nickel.

The Alexo-Kelex Project contains an NI 43-101 compliant resource of some 243,000 tonnes of 1.08% nickel for a contained 5.775 million pounds of nickel. The resource also contains 268,000 pounds of copper and some 202,000 lbs of cobalt at lower grades.

The deposits are classified as Kambalda-style named after similar type-deposits occurring in Western Australia. The Alexo and Kelex deposits are composed of massive to semi-massive nickel sulphide accumulations inhabiting basal embayments along the footwalls of steeply dipping komatiitic ultramafic volcanic flows. The massive, semi-massive sulphides are overlain by stringer, net-textured, blebby and lower grade disseminated sulphide haloes extending upwards and away from the contact. The flows contact with intermediate volcanic country rocks. Other komatiitic hosted nickel sulphide deposits and occurrences in the area include the Redstone, McWatters, Hart, Langmuir 1 and 2, and Texmont.

The Alexo-Kelex Project includes: one Mining and Surface Rights holding 27 mineral claims; one Mining Rights Lease holding two mineral claims; 17 Patents, with Mining and Surface Rights; 8 Patents with Mining Rights only; 1 Patent with Surface Rights only and 55 mineral claims, total package encompassing approximately 945 Ha.

About Tartisan Nickel Corp.

Tartisan Nickel Corp is a Canadian mineral exploration and development company which owns 100% of the Kenbridge Nickel-Copper-Cobalt Project in Ontario holding compliant resources of 97.8 million lbs of nickel and 47 million pounds of copper. In addition, the Company owns a 100% stake in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine and owns a 100% stake in the Ichuna Copper-Silver Project, also in Peru, contiguous to Buenaventura’s San Gabriel property. Tartisan also owns a significant equity stake (6 MM shares and 3 MM full warrants at 40c) in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN, FSE:A2DPCM). Currently, there are 99,703,550 shares outstanding (112,830,217 fully diluted).

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

‘Shaky’ Global Stock Markets Trigger Bid For #Gold Says #Sprott $SII.ca $AMK.ca $EXS.ca $MQR.ca

Posted by AGORACOM-JC at 2:13 PM on Wednesday, October 24th, 2018
  • Volatility in global stock markets is boosting demand for gold, which has stood “the test of time,” said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.
  • As central banks around the world stepped up gold purchases, shouldn’t investors follow suit, Sprott was asked during the company’s Weekly Wrap-Up segment.

Anna Golubova

(Kitco News) – Volatility in global stock markets is boosting demand for gold, which has stood “the test of time,” said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.

As central banks around the world stepped up gold purchases, shouldn’t investors follow suit, Sprott was asked during the company’s Weekly Wrap-Up segment.

“In India, the central bank bought some gold for the first time in over a decade. Hungarians increased their gold [tenfold to 31.5] tons. Poland also made purchases,” Sprott said. And that’s aside from continued purchases of Russia and China, he added.

In the meantime, physical demand is also picking up, with India importing 95 metric tons of gold in August, Sprott added.

These are all positive numbers that investors should be paying attention to because there’s significant risk in the markets and gold is a proven safe-haven asset, he explained.

“There are lots of reasons to think that the Federal Reserve will have to change. It is uncertain what the Fed will do. You should not automatically count on four rate increases next year,” Sprott said.

On top of that, most stock markets in the world are in a bear market, he pointed out.

“Look at China, [the stocks] was down 32% this year. There are a lot of liquidity issues in a lot of markets, and when you’re the last man standing, [investors] are going to be selling American stocks first, because they’re the ones that are theoretically liquid,” he said. “The structure of markets is very risky … [And] as things get shaky here in the markets, you see the safe-safe-haven bid coming into gold,” Sprott said.

On Tuesday, equities dropped for the fifth consecutive session. The Dow Jones Industrial Average is seeing its worst monthly decline in three years and the S&P 500 is seeing its worst monthly performance in seven years, according to reports.

Meanwhile, the December Comex gold futures touched a three-week high of $1,242 Tuesday on increased safe-haven demand.

“The yellow metal was boosted by safe-haven demand amid keener geopolitical uncertainty in the marketplace. Gold prices did back off their daily highs as the U.S. stock indexes moved up from their daily lows,” said Kitco’s senior technical analyst Jim Wyckoff. “Global stock markets saw risk aversion return to the marketplace today amid heightened geopolitical tensions. China’s stock indexes were sharply down after good gains posted Monday. South Korea’s and Japan’s stock markets were also sharply lower.”

Source: https://www.kitco.com/news/2018-10-24/-Shaky-Global-Stock-Markets-Trigger-Bid-For-Gold-Sprott.html

First law firm in Canada focusing on #Esports opens in Toronto $GMBL $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 11:04 AM on Wednesday, October 24th, 2018

  • “Players don’t always have the full appreciation of their value,” Kubes said. “We saw this as a big opportunity to help the industry grow. On the one hand, it is a business opportunity. But on the other, there is a big need for it.”
  • According to the firm, in Canada alone, the video game industry accounts for over $3.7 billion in revenue. The sport of video games is growing at a rapid pace and sponsors, organizations and investors are chomping at the bit to get a slice of that pie.

By Christopher Whan

In the world of eSports, careers are made in a matter of months. Almost anyone, though often young people, with a computer and the skills to play these games can see themselves thrust into million-dollar contracts and sponsorship deals before they know what to do.

That’s where Josh Marcus and Evan Kubes are stepping in. The duo launched MKM group on Oct. 1 to help those who play video games professionally get an even footing in negotiations.

The group is the first in Canada devoted specifically to eSports. Normally, Canadian players would have to look south of the border for firms like theirs. To Kubes and Marcus, this was more than a business opportunity, but also a way to fill a wide gap that existed in the industry in Canada.

“Players don’t always have the full appreciation of their value,” Kubes said. “We saw this as a big opportunity to help the industry grow. On the one hand, it is a business opportunity. But on the other, there is a big need for it.”

According to the firm, in Canada alone, the video game industry accounts for over $3.7 billion in revenue. The sport of video games is growing at a rapid pace and sponsors, organizations and investors are chomping at the bit to get a slice of that pie.

According to MKM, the firm is there to help Canadian professional gamers wade through the legal jargon that comes along with an expensive contract.

“The eSports industry is accelerating at an unprecedented pace,” Marcus said.

“Casual gamers, many of whom are teenagers, can turn into celebrities overnight and find themselves with sponsorships and employment contracts, without the full appreciation for what they’ve signed up for.”

The growth of eSports has been astronomical. Just this year Blizzard, developer of Overwatch, one of the biggest games on the scene, announced that for the sophomore season of the Overwatch League, two Canadian teams will be joining the fray, one in Vancouver and one in Toronto.

On top of that, the biggest eSports tournament in the world was held in Vancouver this year. The International is an event devoted to the game DOTA 2, a multiplayer online battle arena (MOBA) game that sees teams of five players control heroes in battles against other teams. This year’s tournament had a prize pool of $25 million, with the winning team taking home $11 million.

On top of professional tournaments, streaming has also brought in a ton of money for those who play video games for an audience and at the head of that industry is the game Fortnite, a “battle royale” game that pits either teams or individual players against each other. Players must eliminate others until they are the last one standing. Think The Hunger Games, but with building and dancing.

WATCH: Video Games 101: understanding the stories and culture behind them

The world’s biggest streamer right now, Tyler “Ninja” Blevins, makes millions of dollars a month playing this game for an audience of fans. Money like that needs management and though Ninja is an exceptional example, there is potential for successful streamers to make a large amount of money.

This is where MKM steps in. On top of helping pro gamers, MKM says it will also help streamers with their deals as well.

In traditional sports, it’s a little more straightforward. Everyone in that sport is playing the same game with the same rules organized by the same people. In eSports, there are hundreds of players from different nationalities playing dozens of different games in dozens of different ways.

Developers of the games obviously want a share, event organizers want a share, team owners and, of course, the players. According to MKM, the infrastructure around eSports to facilitate its growth is not keeping pace, especially in Canada.

“This creates the potential for regulatory mishaps, power imbalances and legal grey areas,” said the company in a release.

It’s an industry that is growing at a rapid pace, with players as young as 16 gaining the ability to bring in a large amount of money. Kubes and Marcus believe those kids who are lucky enough to make it big could use a little help.

The company so far is focusing only on working with players from Canada. Kubes and Marcus met while attending law school together and both worked for several years in litigation before founding MKM in 2018.

Source: https://globalnews.ca/news/4571880/esports-law-firm-toronto/

Demand for #marijuana real estate ‘astronomical’ as Canada legalizes $BOG.ca $NBUD.ca $MCOA $AERO $CBDS $CGRW $APH.ca $GBLX $ACG $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 10:32 AM on Wednesday, October 24th, 2018
  • Demand for marijuana facilities, including greenhouses, indoor grow-ops and warehouses will put more demand on the country’s already tight supply of industrial real estate.
  • British Columbia and Ontario combined took up more than half of the existing grow-op space, Altus said.

The rush for cannabis is on in Canada and so is finding the real estate to grow it.

The legalization of recreational weed on Wednesday has already fuelled a sixfold surge in pot-growing facilities to 8.7 million square feet (808,256 square meters) in the year through September, according to data from Altus Group Ltd. — space about the size of Amazon.com Inc.’s Seattle headquarters. Publicly listed companies have another 6.4 million square feet on the drawing board, not including retail.

“It’s grown astronomically,” Raymond Wong, vice president of data operations at Toronto-based Altus, said by phone. “With the publicly traded companies, there’s a lot more investment in these areas with anticipated growth and available capital, and they’re acquiring and expanding their existing facilities.”

The demand for marijuana facilities, including greenhouses, indoor grow-ops and warehouses will put more demand on the country’s already tight supply of industrial real estate. British Columbia and Ontario combined took up more than half of the existing grow-op space, Altus said.

Wong said expansion plans are likely conservative as it excludes private companies’ anticipated growth. “There’s a whole other market out there that anticipates further growth in this area,” he said. “We don’t see this slowing down.”

Source: https://business.financialpost.com/real-estate/property-post/demand-for-pot-grow-ops-is-astronomical-as-canada-legalizes

With State Media Group Integration, Good Life Networks Inc. $GOOD.ca Achieves Annual Target Ahead of Forecast $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 8:36 AM on Wednesday, October 24th, 2018

Glnlogo black 11

  • Announced a commercial partnership with State Media Group LLC. (“State Media Group”), a Los Angeles based company
  • GLN’s integration with State Media Group expands GLN’s global reach through the monetization of their custom ad units across thousands of premium publishers
  • This integration represents the 30th and final to be completed this year
  • GLN will exit the year with 47 total integrations

VANCOUVER, Oct. 24, 2018 – Good Life Networks Inc. (“GLN “, or the “Company “) (TSX-V: GOOD, FSE: 4G5), a Vancouver-based programmatic advertising technology company is pleased to announce a commercial partnership with State Media Group LLC. (“State Media Group”), a Los Angeles based company.

GLN’s integration with State Media Group expands GLN’s global reach through the monetization of their custom ad units across thousands of premium publishers. This integration represents the 30th and final to be completed this year. GLN will exit the year with 47 total integrations.

“Our team is pleased that we have attained our target of 30 completed integrations for the year, two months ahead of schedule,” stated GLN CEO Jesse Dylan. He added “We are well positioned to maximize Q4 revenue, which is typically our strongest performing quarter.

Scott Stevenson, CEO and Founder of State Media Group added, “Working with GLN helps us provide the maximum return to our publishers who are using our custom ad units across video, in-app, mobile web, CTV and native formats. We look forward to continuing to expand this relationship over the coming months.”.

The GLN Story

GLN is a patent pending machine learning programmatic video advertising technology company that does not collect PII (Personal Identifiable Information).  GLN serves millions of online video ads daily 3 times faster than IAB (Interactive Advertising Bureau) standards through multiple server to server integrations with both publishers and advertisers. GLN is headquartered in Vancouver, Canada with offices in the US and UK.

GLN trades on the TSX Venture Exchange under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5.

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.

Forward Looking Statements:

Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of GLN. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to State Media Group. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. Important factors that may cause actual results to vary include without limitation, risks relating to the integration with State Media Group and general economic conditions. In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation that the State Media Group partnership will be successfully completed in the time expected by management and its commercial agreement with State Media Group will produce the desired results, generate the anticipated revenue and expand GLN’s global reach per management’s expectations. GLN and its affiliates and subsidiaries do not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, other than as required by applicable securities laws. Additional information identifying risks and uncertainties is contained in GLN’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

SOURCE Good Life Networks Inc.

View original content: http://www.newswire.ca/en/releases/archive/October2018/24/c7037.html

[email protected]

Tetra Bio-Pharma $TBP.ca Appoints Richard Giguère Chief Executive Officer of Tetra Natural Health $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:30 AM on Wednesday, October 24th, 2018

Logo tetrabiopharma rgb web

  • Announced the appointment of Richard Giguère to the position of Chief Executive Officer of Tetra Natural Health Inc. a newly created, wholly owned subsidiary of Tetra Bio-Pharma Inc.
  • Mr. Giguère has more than 20 years’ experience in national sales and marketing in the pharmaceutical industry. During his career, he has held numerous business development, management and negotiation positions and launched several new products on the Canadian market

ORLEANS, Ontario, Oct. 24, 2018 – Tetra Bio-Pharma Inc., a leader in cannabinoid-based drug discovery and development (TSX VENTURE: TBP) (OTCQB: TBPMF), today announced the appointment of Richard Giguère to the position of Chief Executive Officer of Tetra Natural Health Inc. a newly created, wholly owned subsidiary of Tetra Bio-Pharma Inc.

Mr. Giguère has more than 20 years’ experience in national sales and marketing in the pharmaceutical industry. During his career, he has held numerous business development, management and negotiation positions and launched several new products on the Canadian market. He has worked for several pharmaceutical companies in sectors such as generics, branded products and medical devices. He has also worked with OTC, natural products and original medications. Richard is recognized for his deep ethical sense, respect of others and talent for developing long-term business relationships. Over the past 10 years, he served as a member of the Board of Directors of the companies for which he worked.

“Richard has demonstrated his ability as a company builder which will prove crucial in his role as Chief Executive Officer of Tetra Natural Health,” stated Dr. Guy Chamberland, CEO and CSO of Tetra Bio-Pharma Inc.  “He has begun preparing Tetra Natural Health as a wholly owned subsidiary of Tetra Bio-Pharma with the intentions of creating a market leader in the wellness sector of the cannabis market.”

“I am honored by this appointment as well by the confidence that Tetra Bio-Pharma has shown in me,” said Richard Giguère, CEO of Tetra Natural Health Inc. “As the CEO of Tetra Natural Health, I am excited and deeply committed to lead the operations of Tetra Natural Health with my colleagues through the next stages of development and success. Tetra has a sound business model, and there are several significant opportunities for Tetra Natural Health to grow and commercialize innovative natural health products. I am committed to exploiting the development of this huge potential market in the natural health sector.”

About Tetra Bio-Pharma Inc.
Tetra Bio-Pharma (TSX-V: TBP) (OTCQB: TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and development with a Health Canada approved, and FDA reviewed, clinical program aimed at bringing novel prescription drugs and treatments to patients and their healthcare providers. The Company has several subsidiaries engaged in the development of an advanced and growing pipeline of Bio Pharmaceuticals, Natural Health and Veterinary Products containing cannabis and other medicinal plant-based elements. With patients at the core of what we do, Tetra Bio-Pharma is focused on providing rigorous scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators, physicians and insurance companies.

For more information visit: www.tetrabiopharma.com

Source: Tetra Bio-Pharma

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.

Forward-looking statements
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, the success of the Company’s research and development strategies, the applicability of the discoveries made therein, the successful and timely completion and uncertainties related to the regulatory process including the applications for Orphan Drug Designation, the timing of clinical trials, the timing and outcomes of regulatory or intellectual property decisions and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. While no definitive documentation has yet been signed by the parties and there is no certainty that such documentation will be signed. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

For further information, please contact Tetra Bio-Pharma Inc.
Robert Bechard
Executive Vice-President Corporate Development and Licensing
514-817-2514
[email protected]
Media Contact
Energi PR
Carol Levine Stephanie Engel
514-288-8500 ext. 226 416-425-9143 ext. 209
[email protected] [email protected]

#Drake and Scooter Braun Purchase Ownership Stake in #Esports Brand #100Thieves #LOL $GMBL $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 3:14 PM on Tuesday, October 23rd, 2018

  • 100 Thieves announced Tuesday that it completed its Series A funding round, which was co-led by SB Projects founder Scooter Braun and Grammy-winning artist Drake, who both become co-owners. Braun, who represents artists like Justin Bieber and Ariana Grande, also joins the company’s board
  • Included in the round is Sequoia Capital, WondrCo, Marc Benioff, Drew Houston, Green Bay Ventures, Tao Capital and Advancit Capital

In November 2017, former professional gamer Matt “Nadeshot” Haag took to his YouTube channel to announce that his apparel company, 100 Thieves, received a multimillion-dollar investment from Cleveland Cavaliers and Quicken Loans owner Dan Gilbert, allowing him to expand into a full-fledged esports organization. Less than a year later, 100 Thieves is one of the fastest-rising brands in the industry, and Haag is partnering with a few more notable names.

100 Thieves announced Tuesday that it completed its Series A funding round, which was co-led by SB Projects founder Scooter Braun and Grammy-winning artist Drake, who both become co-owners. Braun, who represents artists like Justin Bieber and Ariana Grande, also joins the company’s board. Included in the round is Sequoia Capital, WondrCo, Marc Benioff, Drew Houston, Green Bay Ventures, Tao Capital and Advancit Capital.

Along with last year’s investment, 100 Thieves now has $25 million in total funding, and the new influx of capital will go toward building out its content team, acquiring new talent and continuing to expand its apparel line.

What attracted Braun and Drake was Haag’s broader scope for the organization. While other esports companies pivot to style themselves as lifestyle brands, 100 Thieves began with it in mind. The company does design and production in-house, and all four of its apparel drops thus far have sold out in less than 20 minutes.

“He has a clear vision for where esports is going and how to build an amazing brand within it, and that’s why I wanted to bet on him and 100 Thieves,” Scooter Braun says.

Haag himself has built up his own personal brand as Nadeshot, with 3.1 million followers on YouTube and 2.4 million on Twitter. In building 100 Thieves, he wants to enable his players to do the same for themselves—a skill he hopes to learn from his new co-owner, Braun.

“He’s really defined pop culture with the clients that he’s worked with and helped their careers over the last decade, and for us, it’s just unbelievable to be able to tap into that wisdom and that knowledge,” Haag says

Part of that focus is building out its team. 100 Thieves is still a young organization, with a total of four rosters. It was one of the new teams buying into the North American region of League of Legends at the start of 2018 for a reported $10 million. Signing star player Zaqueri “aphromoo” Black before the spring season began, 100 Thieves immediately made itself known with a second-place finish in the first split and a trip to the international World Championships in the fall. The company was also one of the earliest to enter the budding Fortnite competitive scene.

100 Thieves currently has 12 operational employees plus 35 players and coaches, but with the investment, the team is looking to add 10 people for its content team and to acquire more talent—like the recent signing of its Call of Duty roster and of streamer Rachell “Valkyrae” Hofstetter, who has 500,000 followers on Twitch.

With Gilbert advising from the sports side and Braun and Drake from the side of entertainment, 100 Thieves’ president and COO John Robinson, believes they’ve “put together a dream team of collaborators.”

I’m the reporter for the Games section of Forbes.com. I previously served as a freelance writer for sites like IGN, Polygon, Red Bull eSports, Kill Screen, Playboy and PC Gamer. I also manage a YouTube gaming channel under the name strummerdood. I graduated with a BA in jour…

Source: https://www.forbes.com/sites/mattperez/2018/10/23/drake-and-scooter-braun-invest-in-esports-company-100-thieves/#6346b562710a

Bougainville $BOG.ca Signs Second Tenant for 21,000 SQF Lease at Oroville, WA Campus #Weed #Marijuana $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 1:29 PM on Tuesday, October 23rd, 2018

681747 5720 copy 2

  • Signed a second lease agreement with a private Washington state, Tier-2 I-502 licensee to lease up to 21,000 square feet of I-502-compliant space
  • Company has been involved with the licensee as a consultant and in the infrastructure development capacity at its current location
  • Tier-2 tenant currently is ready to harvest this years crop at the end of the month

Bougainville Ventures Inc. has signed a second lease agreement with a private Washington state, Tier-2 I-502 licensee to lease up to 21,000 square feet of I-502-compliant space from the Bougainville Ventures campus in Oroville, Wash. Bougainville Ventures has been involved with the licensee as a consultant and in the infrastructure development capacity at its current location.

The Tier-2 tenant currently is ready to harvest this years crop at the end of the month. Bougainville and the tenant have agree to the terms of the lease and will occupy a one acre parcel of land, following building, property and infrastructure improvements. The new tenant has been in operations since 2015 and has extensive experience and contacts in supplying the extract market in Washington State.

The company would also like to add that it has completed its due diligence on the additional three acre parcel and will be moving forward to close on the transaction.

CEO, Andy Jagpal Commented: “With the addition of this second tenant lease for the Washington property, our business model is now well underway. We will continue to execute on our Cannabis Infrastructure business model to serve the needs of tenant-growers in the US and Canada.”

About the Washington I-502 Marijuana Market

In November 2012, the Washington State Liquor Control Board (WSLCB) passed Initiative 502 (I-502) pursuant to a vote by the people of the State of Washington. I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for growing, processing and selling of Washington State-regulated recreational marijuana products. A recent WSLCB commissioned report by the Rand organization suggests that there are currently up to 650,000 recreational marijuana users in Washington State, worth approximately $1.25 – $1.5 Billion USD in annual sales.

About Bougainville Ventures, Inc.

Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost. Bougainville has 10,000 sq.ft., in near production in Oroville, WA.

We seek Safe Harbor.

Use of #Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:54 AM on Tuesday, October 23rd, 2018

  • With billions of dollars being invested annually by major corporations in blockchain development, the emerging technology has become the focal point of the long-term vision of many companies internationally.
  • The exponential increase in demand and interest in blockchain technology has enabled multi-billion dollar markets for the blockchain in major sectors including manufacturing, agriculture, retail, supply chain, IoT, and payments.

Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing.

With billions of dollars being invested annually by major corporations in blockchain development, the emerging technology has become the focal point of the long-term vision of many companies internationally.

The exponential increase in demand and interest in blockchain technology has enabled multi-billion dollar markets for the blockchain in major sectors including manufacturing, agriculture, retail, supply chain, IoT, and payments.

Blockchain in manufacturing to be $566 million by 2025

On October 4, technology research firm ReportLinker disclosed in a research paper that the market for blockchain technology in the US manufacturing sector is expected to grow to $566 million by 2025, within the next seven years.

The researchers stated that the blockchain in manufacturing market is forecasted to be worth around $30 million by 2020, and the market will continue to grow at an annual growth rate of 80 percent, to $566 million by 2025.

While the report cited the increase in demand for blockchain-as-a-service (Baas) provided by technology conglomerates such as Microsoft and Intel as a major catalyst for the growth of the blockchain in manufacturing market, it cautiously suggested that the lack of regulatory clarity in the U.S. could limit the growth of the market.

Similarly, PricewaterhouseCoopers (PwC), a Big Four auditor, expressed its concerns in regards to regulatory uncertainty in the blockchain sector of the U.S., as it restricts the extent in which the blockchain can be integrated into the existing infrastructures of large conglomerates.

According to PwC blockchain head Steve Davies, many conglomerates and startups are exploring ways to integrate the blockchain at a commercial level. However, due to regulatory hurdles, companies are unable to commercialize the blockchain at a large scale:

“Businesses tell us that they don’t want to be left behind by blockchain, even if at this early stage of its development, concerns on trust and regulation remain. Blockchain by its very definition should engender trust. But in reality, companies confront trust issues at nearly every turn.”

China recognizes potential of blockchain technology in manufacturing

Other major cryptocurrency markets like Japan and South Korea have been encouraging the development of blockchain technology and utilization of decentralized systems across various industries.

South Korea recently recognized the blockchain as one of the three key technologies of the Fourth Industrial Revolution, alongside big data and artificial intelligence (AI), as the government disclosed its plans to promote blockchain training to bring young talent into the fast-growing industry.

But, as $393 billion Alibaba chairman Jack Ma emphasized, China operates the world’s biggest manufacturing hub, which is actively shifting to smart manufacturing strategies and technologies to optimize the creation and distribution of products.

The “Made in China 2025” initiative, a strategic plan established by the government of China to implement sophisticated and advanced technologies to revolutionize China as an innovative hi-tech manufacturing powerhouse, is encouraging local firms to apply smart solutions, green development, and emerging disruptive technologies like the blockchain to efficiently manufacture products.

In a total of ten industries that include robotics, railway transport, hi-tech ship development, energy, agriculture, new material manufacturing, IT, and aerospace equipment manufacturing, the “Made in China 2025” strategy will deploy many innovative solutions.

Forest Tian, a venture capitalist and founder of Precision Intelligent Technology, said that China is moving to automation in manufacturing, which requires AI and data processing technologies like the blockchain to eliminate manual labor.

“The biggest trend in manufacturing is that automation is irreversible. There will be huge demand for these machines.”

At World AI Conference 2018, Ma firmly emphasized that if the blockchain, AI, and IoT projects fail to target the manufacturing industry, the three technologies will eventually fall behind.

“AI, Blockchain and IoT will be meaningless tech unless they can promote the transformation of the manufacturing industry, and the evolution of the society towards a greener and more inclusive direction.”

Depending on the stance of the Chinese government towards blockchain technology, the blockchain in manufacturing market of China could surpass $1 billion, given the current size of the smart manufacturing market of the nation.

Less than four months ago, Chinese government-run national television network CCTV characterized the blockchain as a revolutionary technology that could be 10 times more valuable than the Internet.

“Blockchain is the second era of the Internet. The value of blockchain is 10 times that of the Internet. Blockchain is the machine that produces trust.”

The State Council of China also requested local government agencies to speed up the development of the blockchain, which could encourage the use of the blockchain in smart manufacturing.

“To build a regional equity market in Guangdong, according to the opening up of the capital market, timely introduction of Hong Kong, Macao and international investment institutions to participate in transactions. We will vigorously develop financial technology and accelerate the research and application of blockchain and big data technologies under the premise of legal compliance.”

How blockchain in agriculture enables a $430 million market

A study entitled “Blockchain: Agriculture Market Forecast until 2023” released on October 4, estimated the blockchain in agriculture and food supply market to be worth around $60.8 million. By 2023, within the next five years, researchers at ReportLinker stated that the market will grow to $429.7 million, at a compound annual growth rate of 47.8 percent.

“The blockchain market is expected to grow, owing to the increase in the demand for supply chain transparency along the agriculture and food verticals.”

Already, influential food product suppliers such as Dairy Farmers of America’s food supply chain and Dutch supermarket chain Albert Heijn, have started to utilize the blockchain to track certain products.

Intel, the $213 billion chip manufacturing giant, launched the Sawtooth Enterprise Blockchain in 2017, a decentralized network that prioritizes scalability and security to transfer seafood internationally with a higher level of transparency.

Hyperledger, a major blockchain consortium operated by the Linux Foundation, officially launched Sawtooth under the Hyperledger banner in January, to cooperate with its member conglomerates to test the blockchain.

With strong infrastructure being built by Intel, Hyperledger, and public blockchain projects, a growing number of food suppliers have started to run pilot tests on the blockchain. Walmart and Nestle, along with 10 corporations in the food industry have been working with IBM to operate IBM Food Trust, an initiative that utilizes the blockchain to improve the traceability of food products.

Frank Yiannas, Vice President of Food Safety at Walmart, said in an interview that the existing traceability systems employed by food suppliers are costly and impractical.

“We never had the intention of creating a product, all this started with the notion that we want to create a transparent food system. The way forward is decentralised as opposed to a supplier getting into a centralised database and putting data in there and the central authority owning the data. In this blockchain ecosystem, if you get into it and give data, it is your data, you own it.”

Considering the progress that has been made by 12 of the world’s largest food suppliers to actively test, utilize, and implement the blockchain, it can be said that the food supply industry could be one of the first sectors to see actual widespread adoption of blockchain technology.

Already, as IBM offering director and vice president of blockchain solutions Suzanne Livingston explained, IBM Food Trust and the 12 companies have tested the applicability of the blockchain for over a year, clearing 500,000 transactions.

“We have been in production for close to a year. We are working with a handful of companies. General availability will be announced in the third quarter. We can then onboard a higher volume of companies. We are starting on a small scale to make sure we’re getting it right. We are very close to being there.”

Biggest market of blockchain is retail, $2.3 billion market

In June, MarketsandMarkets published a new market research report “Blockchain in Retail Market by Provider, Application, Organization Size, and Region – Global Forecast to 2023,” disclosing that the blockchain in retail market is currently valued at $80 million.

By 2023, the researchers forecasted that the blockchain in retail market could grow to $2.339 billion, a Compound Annual Growth Rate (CAGR) of 96.4%. That is, the highest CAGR and forecasted growth amongst any blockchain-related industry.

The study suggested that the U.S. will lead the blockchain in retail market in the years to come, as the government has acknowledged blockchain technology as an important component of its innovation economy. Leading software-as-a-service (SaaS) providers have also started to offer blockchain-related solutions to conglomerates.

“Retailers have recognized the blockchain technology’s potential for the efficiency of supply chain systems and started adopting the technology to develop business applications. Moreover, the US government is exploring the blockchain technology to boost the innovation economy.”

For retail, a blockchain network that is able to handle at least 50,000 transactions per second is required to facilitate large supply chains that support merchants.

The researchers said that major blockchain vendors including IBM, SAP, Microsoft, Amazon Web Services (AWS), Bitfury, Auxesis Group, Cegeka, BTL, Guardtime, Loyyal, and BigchainDB are actively developing business applications of the blockchain.

Blockchain in finance: $3 trillion

The offshore banking market, which is mostly dominated by financial institutions and banks that oversee savings accounts for high profile retail traders and institutional investors, is estimated to be valued at around $32 trillion.

Coinbase alum and crypto investment firm 1Confirmation founder Nick Tomaino stated during an interview that based on speculation alone, the blockchain in finance market could achieve several trillion dollars in valuation.

“I see investing and speculating as adoption. I think it is possible that crypto gets from $200 billion to several trillion on just that [speculation]. From my perspective, what I’m seeing globally in terms of viewing this new investable asset class I think that’s possible.”

Most banks that operate in the offshore banking sector generate profit from transaction fees that occur when processing large transactions. For a transaction that surpasses $1 million, even on Transferwise, a platform that eliminates hidden bank fees, it costs over $7,500 to process it.

If the blockchain disrupts the global financial system, it is highly likely that the technology significantly impacts the offshore banking market by providing decentralized alternatives to investors that need to transfer value.

On October 16, a Bitcoin investor sent 29,999 BTC, the largest BTC transaction in recent months worth about $194 million, with a $0.01 fee. Given that it costs around 1 percent of the transaction to clear a $1 million payment in fiat currency, to send a $194 million transaction could easily cost hundreds of thousands of dollars with legacy systems.

As such, Alibaba chairman Jack Ma said in a recent speech that Alibaba is closely studying blockchain technology to ensure that a cashless society in which everyone is inclusive can be established.

“I pay special attention to cashless society and blockchain technology. Mine and Alibaba’s job is we will move the world into a cashless society. The society can make everybody equal, inclusive to get the money they need, make sure it is sustainable, and is transparent. I hate corruption. I don’t have opportunity is ok. But I don’t want somebody through a dirty way take away my opportunity. This is why we want a cashless society.”

There exists several public blockchain projects, such as Ripple and Stellar, that are working with banks and payment service providers to leverage the blockchain as a base layer to process payments.

Chain, which was acquired by Stellar to create Interstellar, collaborated with Visa to implement the blockchain prior to its deal with Stellar. Ripple has secured a partnership with Banco Santander to process payments on its mobile application with the Ripple blockchain network.

If some public blockchain networks can secure a fraction of the market share of the offshore banking sector and traditional stores of value like gold, then a multi-trillion blockchain market in finance could be achieved.

So far, blockchain in retail is predicted to be the biggest market for the new technology by 2023 at $2.3 billion. With analysts expecting blockchain technology in agriculture to be worth $430 million, and $500 million in manufacturing, a rapid growth of the technology has been foreseen.

Blockchain in energy and insurance are also predicted by MarketsandMarkets to grow to $7 billion and $1,4 billion respectively by the end of 2023, at a compound annual growth rate of 84.9 percent.

The $7 billion growth target of the blockchain in energy industry assumes exponential development will continuously be made in the blockchain in energy market, which remains uncertain at the current phase of growth.

Source: https://cointelegraph.com/news/use-of-blockchain-in-major-industries-by-numbers-retail-manufacturing-finance-and-others

PyroGenesis $PYR.ca Announces Can$745,000 Plasma Torch System Contract with European Entity $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 8:40 AM on Tuesday, October 23rd, 2018

Pyr header 1

  • Announced today that it has been awarded a plasma torch equipment contract from a European entity, the name and origin of which is not disclosed for competitive reasons
  • This contract, with a value of €497,000 (Can$ 745,000) will require PyroGenesis to manufacture and deliver a plasma torch system to test certain novel concepts

MONTREAL, Oct. 23, 2018 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR), a TSX Venture 50® high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch systems, announces today that it has been awarded a plasma torch equipment contract from a European entity (the “Client”), the name and origin of which is not disclosed for competitive reasons.

This contract, with a value of €497,000 (Can$ 745,000) will require PyroGenesis to manufacture and deliver a plasma torch system to test certain novel concepts.

“Final delivery is scheduled for Q2-2019,” said Mr. Massimo Dattilo, Vice President, Sales of PyroGenesis. “The Client will test certain novel concepts which will complement the Company’s strategy of developing cutting edge technologies and continue to produce game-changing processes. PyroGenesis shall have access and the right to use, on a worldwide, royalty free basis, any development or Intellectual Property (“IP”) arising from the work done by the Client, together with a right of first refusal on all future IP developed by the Client.”

“Extending our relationships with cutting-edge centers around the world fits well with our strategy to be the best plasma company in the world,” said Mr. Pierre Carabin, Chief Technology Officer and Chief Strategist of PyroGenesis. “By entering into such relationships, we leverage off of other people’s facilities/expertise and, as such, accelerate our growth.”

“PyroGenesis has one of the largest, if not the largest, concentrations of plasma expertise under one roof, and over the last two decades, we have successfully developed and commercialized plasma-based processes across several well-chosen industries,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “This contract underscores the significant advantages in PyroGenesis offerings: the fact that plasma torches and plasma-based systems are our core competency.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a TSX Venture 50® high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

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

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