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St-Georges Eco-Mining $SX $SX.ca $SXOOF Announces #Lithium Extraction Technology Licensing Agreement with Hipo Resources Ltd. for DRC Project

Posted by AGORACOM-JC at 4:27 PM on Wednesday, August 8th, 2018

Sx large

  • Signed a binding term sheet with Hipo Resources Ltd (ASX: HIP), a public company based in Australia
  • In consideration for the R&D, which will include engineering services, and once a definitive agreement has been entered into, Hipo Resources Ltd. will issue to St-Georges up to 27,000,000 common shares of its capital stock.

Montreal, Quebec /  August 8, 2018 – St-Georges Eco-Mining Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has signed a binding term sheet with Hipo Resources Ltd (ASX: HIP), a public company based in Australia.

St-Georges has agreed to provide research and development utilizing products, extraction methods and proprietary technology to develop Hipo’s Democratic Republic of Congo 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, Hipo Resources Ltd. will issue to St-Georges up to 27,000,000 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, contingent on St-Georges reaching certain performance benchmarks over the 36-month period according to the schedule below:

1,500,000 shares at signing

8,500,000 shares at Stage 1 Benchmark completion: which is defined by the delivery of an independent laboratory report commissioned by St-Georges, indicating positive viable lithium recoveries.

8,500,000 shares at Stage 2 Benchmark completion: defined by independent report describing results of initial pilot mining operations and the processing of a minimum of one (1) metric ton in a simulated industrial environment.

8,500,000 shares at Stage 3 Benchmark completion: defined by the receipt of either: a Preliminary Economical Assessment Report (PEA); a commercialization decision; the third (3rd) year anniversary of this agreement assuming all other issuances have been made.

St-Georges has agreed that shares issued will be subject to a 36 months escrow period.

The Parties will establish a royalty stream on the commercial output of the Kamola Lithium Project for the entire mine life subject to Hipo using St-Georges technology, which will be opposable to any successors of Hipo as a lien on the mining assets. St-Georges and Hipo will negotiate a right of first refusal in favour of Hipo. 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 concluded. The definitive agreement will be subject to acceptance of the board of directors of both companies and subject to review by regulatory authorities.

Enrico Di Cesare, VP, Metallurgy & Director of St-Georges commented “St-Georges continues to apply innovation with known technologies coupled with newly developed technologies to address gaps for the recovery of non-traditional lithium resources. Our focus remains greener, less chemicals and more usable by-products unlocking value in non-traditional resources as the next generation of lithium supply to the growing battery market and its needs for this commodity.

Di Cesare further stated “Innovation is being applied to concentrating Lithium in Bonnie Claire clay in Nevada USA, which is owned by Iconic Minerals Ltd (TSX-V: ICM). In addition, St-Georges is also looking to initiate development with similar strategies for hard rock deposits in North America and other parts of the world. We do value and look forward to working with Hipo Resources in advancing the lithium potential of their DRC project.”

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare”

ENRICO DI CESARE, DIRECTOR, VICE-PRESIDENT RESEARCH & DEVELOPMENT

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry. The Company controls directly or indirectly, through rights of first refusal, all 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 region. Head quartered 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.

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.

CLIENT FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Posted by AGORACOM-JC at 4:15 PM on Wednesday, August 8th, 2018

STAR-A.D.S.®

  • On-board real-time monitoring and data analysis system that provides a “virtual window into an aircraft”
  • As cost-effective air to ground communication system that automatically and securely transmits flight data and incident alerts.
  • Continuously monitors selected avionics systems on the aircraft from power-on to power-off, instantly analyzes the data, and transmits selected data and any incident alerts, via satellite to the operator.
  • Acts as an early warning system, detecting the earliest signs of potential problems
  • Performs these functions in “real-time” providing essential safety monitoring to the benefit of passengers, aircraft personnel, and ground crew
  • Applications include: Commercial Airlines, Helicopters, Business Aircraft, Assist Search and Rescue by providing last transmitted location
  • Recent applications: Emergency Medical Services (airborne and ground vehicles), Land vehicles

CHECK OUT RECENT INTERVIEW

FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

Tetra Bio-Pharma’s $TBP.ca Dr. Chamberland to Announce Health Canada’s Green Light for the #Cannabis vs. #Fentanyl Trial $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 2:26 PM on Wednesday, August 8th, 2018

Logo tetrabiopharma rgb web

  • Announced that Health Canada has approved its protocol for a clinical trial investigating its PPP001 drug as an alternative to the opioid fentanyl in the management of breakthrough cancer pain
  • Dr. Guy Chamberland, Interim CEO and Chief Scientific Officer will provide additional details on TVA’s Gatineau 6:00 p.m. ET News Program

ORLEANS, Ontario, Aug. 08, 2018 – Tetra Bio-Pharma Inc., a leader in cannabinoid-based drug discovery and development (TSX VENTURE: TBP) (OTCQB: TBPMF), is pleased to announce that Health Canada has approved its protocol for a clinical trial investigating its PPP001 drug as an alternative to the opioid fentanyl in the management of breakthrough cancer pain. Dr. Guy Chamberland, Interim CEO and Chief Scientific Officer will provide additional details on TVA’s Gatineau 6:00 p.m. ET News Program. A more detailed press release will be issued tomorrow.

About Tetra Bio-Pharma
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

More information at: 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, including this trial, the applicability of the discoveries made therein, the successful and timely completion and uncertainties related to the regulatory process, 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 (Bob) Bechard
Executive Vice President, Corporate Development and Licensing
514-817-2514
[email protected]

Media Contact:
energi PR
Stephanie Engel
[email protected]
514-288-8500 ext. 209
416-425-9143 ext. 209

It’s ‘inevitable’ that #Esports will be part of the Olympics, Logitech CEO says $GMBL $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 10:42 AM on Wednesday, August 8th, 2018
  • It’s “inevitable” that esports will someday be part of the Olympics, Logitech CEO Bracken Darrell tells CNBC’s Jim Cramer.
  • It could even be “the biggest sport in the world,” Darrell tells the “Mad Money” host.

It’s “inevitable” that competitive video gaming, also known as esports, will someday be part of the Olympics, Logitech International President and CEO Bracken Darrell told CNBC on Tuesday.

Darrell, whose company makes computer and mobile phone accessories and has begun to sponsor top esports teams, told “Mad Money” host Jim Cramer that Logitech met with the International Olympic Committee two weeks ago.

Held in Lausanne, Switzerland, where Logitech is headquartered, the meeting revolved around “how and when” esports should come to the Olympics, Darrell said.

“I think it’s inevitable. I think it will be part of the Olympics,” Darrell said on Tuesday.

“I’ll make another prediction which it’ll be hard to hold me to unless you have me on the show in 10 years or 20 years, but I think it’ll be the biggest sport in the world,” the CEO added.

Competitive gaming has swept the country as high schools and universities warm up to the idea of creating programs and scholarships for students who excel at games like Activision Blizzard’s Overwatch and Riot Games’ League of Legends.

University of California, Irvine, whose acting esports program director Mark Deppe appeared on “Mad Money” in January, was one of the first universities to offer esports scholarships, awarding gamers $5,610 and $2,500 to join its League of Legends and Overwatch teams, respectively.

Logitech is a partial sponsor for UCI’s program, providing high-end gear for the school’s esports facility.

“Scholarships are starting to spread across the university system,” Darrell told Cramer. “My brother’s a college president, Kentucky Wesleyan College. It’s a small liberal arts college. They’re putting in gaming as not a varsity sport yet, but a club sport. It’s coming everywhere.”

And that trend drives sales at Logitech, which in late July reported first-quarter earnings with more than 60 percent growth in its Gaming and Video Collaboration categories.

Darrell added that video gaming has reignited growth in his company’s webcam business, which is seeing double-digit gains as gamers and bloggers seek higher quality video equipment to film themselves playing games.

“In 1965, 1968, 1969, I remember the NFL and the Super Bowl, how big it seemed then. Looking back on that, it was tiny,” the CEO said. “I think that’s exactly where we are now in gaming.”

Shares of Logitech closed up slightly on Tuesday, logging a 0.13 percent gain and settling at $45.79 a share. In its July earnings report, the company said it would acquire microphone maker Blue Microphones for $117 million in cash.

Source: https://www.cnbc.com/2018/08/07/logitech-ceo-its-inevitable-that-esports-will-be-part-of-olympics.html

#Nickel’s steely resolve shines through for miners at this year’s Diggers & Dealers $TN.ca $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:34 AM on Wednesday, August 8th, 2018
  • As the global economic outlook continues to improve, the unmissable overarching theme at this year’s Diggers & Dealers has been nickel’s turnaround, with most analysts, miners and explorers alike believing the commodity’s upturn has only just begun.
  • The fundamentals for nickel look excellent going forward

Panoramic Resources (ASX: PAN) managing director Peter Harold told Small Caps he noticed the nickel market had “tightened materially” throughout the first half of this year, underpinned by slipping London Metals Exchange stockpiles which have dropped from more than 350,000t to about 250,000t.

“The fundamentals for nickel look excellent going forward,” he said.

“On the demand side, stainless steel consumption is growing year-on-year and demand for nickel sulphate in electric vehicle batteries is forecast to grow strongly.”

Mr Harold added the supply/demand deficit for nickel this year was anticipated to hit a “record” 200,000t or more.

“Further deficits are forecast for the foreseeable future,” he noted.

“While the current trade war rhetoric has had a negative impact on all base metal prices over the past few months the nickel fundamentals are unchanged. I have seen nickel price forecasts of between US$8-10/lb for 2019-2021, which would seem plausible if the supply deficits continue.”

Deutsche Bank has predicted nickel will end 2018 at around US$7.02/lb and jump to US$8.42/lb in 2019, then climb to US$9.45/lb in 2020.

In the past 12 months, nickel has picked itself off the ground and staged a come back, with the price rising from around US$4.50/lb to its current level of about US$6/lb after pushing past US$7/lb in April and June.

Commenting on the nickel price, Western Areas (ASX: WSA) managing director Dan Lougher said it was “still a bit wobbly”, but that “times were changing” for nickel, due to its consumption within the growing electric vehicle and lithium-ion battery sectors.

Rox Resources (ASX: RXL) managing director Ian Mulholland told Small Caps nickel had clearly been the star commodity in the last 12 months.

And as a result, he said investor interest in the company’s high-grade nickel sulphide assets had “absolutely” increased.

He added he anticipated this would continue as demand for the commodity continues its upward trajectory and London Metals Exchange stockpiles carry on diminishing.

Meanwhile, financial services company UBS has reported that nickel was its “preferred play” during the next 12 months due to its uptake in electric vehicle batteries, with demand “rapidly rising”.

If the nickel sentiment at this year’s Diggers & Dealers is anything to go by, then nickel stocks will be one to watch in the coming months.

Source: https://smallcaps.com.au/nickel-steely-resolve-shines-miners-diggers-dealers/

96% of heavily engaged US #gamers play on #mobile $KUU.ca $TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 4:06 PM on Tuesday, August 7th, 2018
  • Super Gamer segment represents 13% of the total US gaming market, is 2/3 male (64% male, 36% female)
  • skews fairly young (average age 25.7, relative to the total market average of 32)

There’s a lingering misconception in the industry that mobile gaming is for casual, uninvested non-gamers while PCs, consoles, and handhelds are where the “real” gamers spend their time.

In its Gamer Segmentation report, EEDAR surveyed 5,000 US gamers and, using k-means clustering analysis, classified them into 6 separate segments based on their gaming habits, interests and investment across the platforms they play on.

One of the segments identified during the analysis are the Super Gamers – heavily engaged players who game extensively on multiple platforms. The Super Gamer segment represents 13% of the total US gaming market, is 2/3 male (64% male, 36% female) and skews fairly young (average age 25.7, relative to the total market average of 32). For these voracious players, gaming is a major hobby – taking up an average of 26 total hours a week, which is about 23% of their total entertainment time.

Where many segments specialize in a particular platform (or platforms), the Super Gamer audience is likely to spread their gaming time around between platforms. 78% of these gamers play on three or more platforms (possible platforms including mobile, PC, console and handheld), and for most, mobile is one of them – 96% of Super Gamers play games on a smartphone or tablet.

Within this segment, EEDAR found that Super Gamers were as likely to play on mobile as they were on PC.

[Note: For purpose of this analysis, the Nintendo Switch was classified as a console.]

Despite the high playership (and spend) on mobile, it’s critical to note that Super Gamers are using mobile as a supplement to – and not replacement for – HD/PC gaming experiences. When asked to provide their reasons for engaging with mobile, Super Gamers’ responses emphasized its convenience and cited its low amount of required attention:

● Can play anywhere
● Device is convenient
● It’s cheap or free
● Easy to pick up / put down
● Allows for multitasking

All of this suggests that Super Gamers will turn to the platforms available to them to indulge the gaming urge that strikes at a given moment.

When out and about, or watching TV, they’re likely to turn to mobile games for entertainment. When at home, and when the opportunity for a focused play session arises, they’ll turn to PC or Console. In situations between these extremes, they are likely to indulge in handheld play.

Source: https://www.gamesindustry.biz/articles/2018-08-07-96-percent-of-heavily-engaged-us-gamers-play-on-mobile-eedar

#ProgrammaticAd Buying Grows Steadily; #Amazon Top Spender $GOOD.ca $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 2:46 PM on Tuesday, August 7th, 2018
  • A recent study conducted by MediaRadar examined the state of programmatic ad buying in Q1 2018.
  • Found that three-quarters of all brands tracked placed programmatic ads during the timeframe, keeping the format on a steady growth path even with concerns about brand safety and transparency

BY Steven Wong

Additionally, MediaRadar found that, of the top 50 programmatic spenders, 94 percent were brands that were in the top 50 in 2017; these include Walmart, Microsoft and Verizon. Native programmatic ad buying is helping to drive growth, and spending on native ads placed programmatically increased by 10 percent year-over-year. Programmatic solves native’s two biggest issues, scale and an intensive sales process.

“The growth of native programmatic ads is two-fold,” MediaRadar CEO and co-founder Todd Krizelman told AList. “Native is up as a whole as more brands are finding the benefits of placing these ads, and the technology programmatic companies have to place native has also gotten better.”

Newcomers to the top 50 programmatic spenders include Progressive Insurance and Gap. Meanwhile, the top 10 companies comprised about 37 percent of the total spend for the group. Amazon ranked at the top at the top of the list, accounting for 10 percent of the total ad spend, which is 1.5x more than the second-place spender Microsoft.

The top 10 programmatic advertisers according to the MediaRadar study are:

  1. Amazon
  2. Microsoft
  3. Wayfair
  4. TaxAct
  5. Charles Schwab
  6. Weight Watchers
  7. Sprint
  8. Coors Light
  9. Geico
  10. Dell

Krizelman stated in the report that, “Despite concerns over transparency, advertisers continue to invest in programmatic. It is the preferred method for transacting media for many advertisers and it doesn’t appear to be changing.”

According to forecasts from eMarketer, $46 billion will be spent on programmatic advertising by the end of this year, with 82.5 percent of digital display ads in the US purchased through automated channels.

Source: https://www.alistdaily.com/technology/programmatic-ad-spending-grows-steadily/

#Mercedes launches #Esports squad, signs 2017 #F1 champion Leigh $GMBL $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 10:35 AM on Tuesday, August 7th, 2018

  • Mercedes has announced inaugural Formula 1 eSports champion Brendon Leigh as a driver for its brand-new virtual racing team.
  • Leigh, who defeated Fabrizio Donoso Delgado and Sven Zurner in a controversial final last year, will defend his drivers’ championship with Mercedes

“The pressure is somewhat enormous to defend this championship,” Leigh told Autosport earlier this year.

“I’m going to walk into the finals with the biggest target on my back that I’ve ever had in my life. The intensity has risen tenfold.”

The 19-year-old will compete alongside 2017 McLaren World’s Fastest Gamer finalist Harry Jacks, multiple-Polish sim racing champion Patryk Krutyi and Dani Bereznay, who was selected by the team in July’s Pro Draft.

The team will be based at Brackley alongside its real-life F1 team.

It will use a “purpose-built eSports training centre, which will provide the team’s gamers with state-of-the-art facilities and equipment to develop their skills,” according to Mercedes a statement.

The eSports team will be based in the same building as Mercedes’ ‘F1 Driver in Loop Simulator’.

“The eSports programme will benefit from transferable elements pertinent to optimising car set-up and honing racecraft,” the statement continued.

“The programme also focuses on human performance and will give the eSports team members access to the on-site Performance Centre covering the core areas of nutrition, physical conditioning and wellbeing that support the gamers in reaching their full potential.”

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The quartet will start competing in October in the next stage of the F1 2018 eSports series.

F1 eSports 2018 line-up so far

Mercedes AMG Petronas Motorsport
Brendon Leigh, Harry Jacks, Patryk Krutyi, Daniel Bereznay

Red Bull Racing eSports
Joni Tormala, Graham Carroll

Renault Sport Team Vitality
Sven Zurner, Kimmy Larsson, James Doherty

Haas F1
Martin Stefanko, Michal Smidl Hype Energy

eForce India
Fabrizio Donoso Delgado, Mads Sorensen, Marcel Kiefer

McLaren Shadow
Olli Pahkala

Toro Rosso
Cem Bolukbasi, Patrick Holzmann Sauber Salih Saltunc, Allert van der Wal, Sonuc Saltunc

Williams eSports
Tino Naukkarinen

Source: https://www.autosport.com/gaming/news/137898/mercedes-launches-official-f1-esports-squad

Tetra Bio-Pharma $TBP.ca Provides Extension to North Bud Farms $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 9:30 AM on Friday, August 3rd, 2018

Logo tetrabiopharma rgb web

  • Announced that the company has provided an extension to North Bud Farms Inc
  • Tetra and North Bud Farms Inc. are working diligently to finalize the transaction and to this end Tetra Bio-Pharma has agreed to provide an extension to North Bud Farms Inc

ORLEANS, Ontario, Aug. 03, 2018 — Tetra Bio-Pharma Inc., a leader in cannabinoid-based drug discovery and development (TSX VENTURE: TBP) (OTCQB: TBPMF), today announced that the company has provided an extension to North Bud Farms Inc.  Tetra and North Bud Farms Inc. are working diligently to finalize the transaction and to this end Tetra Bio-Pharma has agreed to provide an extension to North Bud Farms Inc. with regards to the final receipt of North Bud’s prospectus’.  As one of the closing conditions to the sale these documents must now be submitted by August 31, 2018.  Upon final receipt of North Bud’s prospectus and meeting the requirements requested by the Ontario Securities Commission, Tetra will announce the record date and begin the process with the distribution of the dividend which must be finalized before listing the shares of North Bud Farms Inc.

About Tetra Bio-Pharma

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.

More information at: 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, 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 (Bob) Bechard
Executive Vice President, Corporate Development and Licensing
514-817-2514
[email protected]

Monarques Gold $MQR.ca Files a Technical Report for Its Swanson #Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:26 AM on Friday, August 3rd, 2018

Monarquesgold hub large

  • Final technical report shows an increase of 6,049 ounces in the Indicated category and 183 ounces in the Inferred category, which totals 1,752,100 tonnes at 1.85 g/t Au for 104,100 ounces of gold in the Indicated category and 74,000 tonnes at 2.96 g/t Au for 7,100 ounces in the Inferred category.
  • Monarques Gold combined Measured and Indicated resources now stand at over 3.15 million ounces of gold (see table 1 at the end of press release).

MONTREAL, Aug. 3, 2018 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its Swanson gold project. Monarques published a press release on June 20, 2018 (see press release). Following the process of writing the technical report and validation, the following changes were made to the resource table (see Table 1): an increase of 6,049 ounces in the Indicated category and 183 ounces in the Inferred category. The report is also available on Monarques’ website (see technical report).

Table 1 – Swanson Maiden Mineral Resource Estimate for a combined open pit and underground scenario at a cut-off of 0.8 g/t Au (in pit) and 2.7 g/t Au (underground)

Area Indicated Resources Inferred Resources
Tonnes (t) Grade Au
(g/t)
Ounces Au Tonnes (t) Grade Au
(g/t)
Ounces Au
In-Pit 1,694,000 1.80 98,100 17,400 2.53 1,400
Underground 58,100 3.17 5,900 56,600 3.10 5,600
TOTAL 1,752,100 1.85 104,100 74,000 2.96 7,100
Notes to Accompany Mineral Resource Table:
(1) These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
(2) The mineral resource estimate follows 2014 CIM definitions and guidelines for mineral resources.
(3) Results are presented in situ and undiluted and considered to have reasonable prospects for economic extraction.
(4) The estimation encompasses four zones with a minimum true thickness of 2.5 m using the grade of the adjacent material when assayed or a value of zero when not assayed.
(5) High-grade capping of 30 g/t Au (4 g/t Au for the dilution envelope) was applied to assay grades prior to compositing grade for interpolation using an Ordinary Kriging interpolation method based on 1.5 m composite and block size of 3 m x 3 m x 3 m, with bulk density values applied by lithology (g/cm3): I2 = 2.78; I4O, V3, V4 = 2.90, and OVB = 1.5.
(6) The estimate is reported for potential scenario combining open pit and underground at cut-off grades of 0.8 g/t Au (open pit) and 2.7 g/t Au (underground). The cut-off grades were calculated using a gold price of USD1,296/oz, a CAD:USD exchange rate of 1.28, and the following parameters (CAD): (a) Open pit scenario: mining cost $4.94/t; processing cost $27.00/t; G&A $4.00/t, pit slope of 50° during Whittle optimization; (b) Underground scenario (CAD): mining cost $90.00/t; processing cost $27.00/t; G&A $10.00/t. The cut-off grades should be re-evaluated in light of future prevailing market conditions (metal prices, exchange rate, mining cost, etc.)
(7) The number of metric tons was rounded to the nearest hundred and the metal contents are presented in troy ounces (tonne x grade / 31.10348).
(8) InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue not reported in this Technical Report that could materially affect the mineral resource estimate.

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person and by Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc., all of whom are qualified persons as defined by NI 43-101..

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (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 close to 300 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 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.

Table 1 – Monarques Gold Measured and Indicated Resources

Tonnes
(metric)
Grade
(g/t Au)
Ounces
Wasamac property1
Measured Resources 3.99 million 2.52 323,300
Indicated Resources 25.87 million 2.72 2,264,500
Total Measured & Indicated Resources 29.86 million 2.70 2,587,900
Beaufor Mine2
Measured Resources 74,400 6.71 16,100
Indicated Resources 271,700 7.93 69,300
Total Measured & Indicated Resources 346,200 7.67 85,400
Croinor Gold Mine3
Measured Resources 80,100 8.44 21,700
Indicated Resources 724,500 9.20 214,300
Total Measured & Indicated Resources 804,600 9.12 236,000
Swanson property4
Pit Constrained
Indicated Resources 1,694,000 1.80 98,100
Underground
Indicated Resources 58,100 3.17 5,900
Total Indicated Resources 1,752,100 1.85 104,100
McKenzie Break property5
Pit Constrained
Indicated Resources 939,860 1.59 48,133
Underground
Indicated Resources 281,739 5.90 53,448
Total Indicated Resources 1,221,599 2.58 101,581
Simkar Gold property6
Measured Resources 33,570 4.71 5,079
Indicated Resources 208,470 5.66 37,905
Total Measured & Indicated Resources 242,040 5.52 42,984
TOTAL
Measured & Indicated Resources 3,157,865
1 Source: Technical Report on the Wasamac Project, Rouyn-Noranda, Québec, Canada, Tudorel Ciuculescu, M.Sc., P.Geo., October 25, 2017, Roscoe Postle Associates Inc.
2 Source: NI-43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimates of the Beaufor Mine as at September 30, 2017, Val-d’Or, Québec, Canada, Carl Pelletier, P. Geo. and Laurent Roy, Eng.
3 Source: Monarques prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016)

4 Source: NI 43‐101 Technical Report on the Swanson Project, June 20, 2018, Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc.

5 Source: NI 43‐101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.

6 Source: MRB et Associés (January 2015)