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#Nickel star performance underpinned by old and new drivers $TN.ca

Posted by AGORACOM-JC at 10:49 AM on Tuesday, May 22nd, 2018
  • Nickel is turning out to be the star performer of the major industrial metals so far this year
  • LME three-month nickel is up 16 percent on the start of the year

By Andy Home

LONDON, May 21 (Reuters) – Nickel is turning out to be the star performer of the major industrial metals so far this year.

True, the London Metal Exchange (LME) price has retreated from April’s three-year high of $16,690 as panic that U.S. sanctions on Russia might be extended to Norilsk Nickel has dissipated.

But at a current $14,650 per tonne, LME three-month nickel is still up 16 percent on the start of the year. Tin, the second strongest performer among the LME base metals pack, is up by just two percent.

In China the Shanghai Futures Exchange (ShFE) contract largely ignored London’s Russian jitters but has also just notched up its highest trading level in three years.

Both London and Shanghai markets are being buoyed by falling visible inventory, which is reinforcing a bullish narrative of supply shortfall.

Graphic on relative performance of major LME contracts:

tmsnrt.rs/2LiDHlT

Graphic on LME and ShFE nickel stocks:

tmsnrt.rs/2LgOOvX

FALLING STOCKS, RISING DEFICIT

LME stocks of nickel have fallen every month since August last year.

At 303,576 tonnes, they are down by 63,036 tonnes, or 17 percent, on the start of 2018 and are now at their lowest level since June 2014.

Stocks registered with the ShFE closed last week at 33,000 tonnes, their lowest level since October 2015, when the Shanghai contract was in its infancy.

Combined exchange stocks of 336,600 tonnes are now a long way off the highs above 500,000 tonnes seen during the first quarter of 2016.

This erosion of visible inventory reinforces the picture of a supply shortfall painted by the International Nickel Study Group (INSG).

The INSG forecast in April that the world refined nickel market would register a shortfall of 117,000 tonnes this year.

It follows a similar sized deficit in 2017 and marks a significant revision from the Group’s previous assessment in October 2017 that the deficit this year would be around 53,000 tonnes.

Key to that revision is an upgrade of expected global consumption growth from 5 percent to 7 percent this year.

OLD DRIVER

A core driver of that strong demand growth is nickel’s traditional usage sector, stainless steel.

Global stainless production rose by 5.8 percent to a record 48.1 million tonnes last year, according to the International Stainless Steel Forum (ISSF).

China is the world’s largest producer of stainless steel and the country’s output increased by almost 5 percent last year.

But every other region saw production growth as well, ranging from 1.3 percent in Western Europe to 22 percent in the ISSF’s “others” category, which comprises Russia, Brazil, Indonesia, South Africa and South Korea.

Stainless production, and therefore nickel consumption, is expected to rise again this year, albeit at a slightly less stellar pace.

However, if this were just a stainless steel story, the impact on nickel’s fortunes would be more muted.

Nickel production is also rising fast, particularly in Indonesia, the core supplier of nickel ore to China’s nickel pig iron (NPI) sector, which is itself increasingly integrated with the country’s stainless steel producers.

The part reversal of a 2014 ban on the export of unprocessed nickel ore has reinvigorated Indonesian production.

The country’s mined production jumped by 74 percent to 345,000 tonnes in 2017 and maintained that rate of growth in the first two months of this year, according to the INSG.

The impact is there to see in China’s trade figures, with imports of Indonesian nickel ore accelerating to 3.3 million tonnes in the first quarter of 2018 from just 300,000 tonnes in the same period of 2017.

The resumption of this raw materials flow is expected to cause a rebound in China’s own NPI output as well as underpin continued growth in the off-shored NPI capacity now located in Indonesia itself.

If this were just a stainless steel story, in other words, the supply gap would be narrowing over the course of this year, as originally expected by the INSG in its October 2017 assessment.

NEW DRIVER

However, the nickel price is no longer just a function of being an input into the stainless steel production process.

Nickel is an increasingly bifurcated market, one part oriented towards stainless and the other towards use in the super-alloys and battery sectors.

Indeed, “nickel-containing batteries” got their first specific mention in the INSG April forecast for having “a positive effect on nickel usage”, a trend that “is expected to continue”.

None of the current Indonesian production surge is going anywhere near a lithium battery. Neither nickel ore nor nickel pig iron is suitable for conversion into the form of the metal, sulfate, that is used for batteries.

Battery-makers need refined metal, or what the nickel industry terms “Class 1” material.

Precisely the sort of nickel that qualifies for good delivery on the LME and the Shanghai exchanges and precisely the sort of nickel that is now leaving those exchanges.

Not that the battery sector is by itself causing the run on visible inventory.

There are other factors in the mix, not least the decision by the world’s largest nickel producer Vale to idle capacity in response to what were until very recently super-low prices.

But there is a sense that the battery supply chain may be starting to stock up on what is already a key metallic input and one that is expected to gain in importance as battery-makers use more nickel and less cobalt in their configurations.

Moreover, the battery story has charged investor enthusiasm ever since it burst onto the nickel scene during LME Week last October.

LME broker Marex Spectron estimates that speculators are currently long nickel to the tune of 9 percent of open interest, making it the largest speculative long in the base metals pack.

Nickel’s traditional price driver, the stainless sector, is the foundation on which the current price strength rests but the extra spice is coming from the battery sector, even if somewhat preemptively via supply chain hoarding and investor interest.

There remains an underlying tension between booming production of nickel for usage by stainless steel mills and lagging output of Class 1 nickel that could be used by battery-makers.

But for now, old and new drivers are both pushing nickel in the same direction.

Source: https://www.reuters.com/article/us-italy-politics-ecb-graphic/graphic-little-evidence-that-ecb-would-use-quantitative-easing-to-play-politics-idUSKCN1IN1SS

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Namaste $N.ca Closes Acquisition of Leading #A.I. and Machine-Learning Technology Platform Findify.io for $12,000,000 in Cash and Shares $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 9:21 AM on Tuesday, May 22nd, 2018

Namaste large new

  • Announced that the Company has closed its previously announced acquisition of Swedish-based A.I. and machine learning technology platform, Findify AB
  • Findify is a global leader in A.I. powered e-commerce technology, delivering solutions such as personalized search, recommendations, and advanced data analytics

VANCOUVER, May 22, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company“) (TSXV: N) (FRA: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has closed its previously announced acquisition of Swedish-based A.I. and machine learning technology platform, Findify AB (“Findify” or “Findify.io”), through the purchase of all of the issued and outstanding shares of Findify, for a purchase price of US $12,000,000 in a combination of cash and common shares of the Company. Findify is a global leader in A.I. powered e-commerce technology, delivering solutions such as personalized search, recommendations, and advanced data analytics. The acquisition of Findify as a technology platform will bring significant value to Namaste and its shareholders by accelerating the Company’s growth strategy, enhancing conversion rates and revenue and in providing an entry into machine-learning and A.I. for applications for cannabis.

Findify’s Platform and Conversion Rate Optimization

Findify’s platform, which is used by leading e-commerce websites, including Namaste, uses proprietary real-time machine learning algorithms to deliver a truly personalized experience to each and every customer. Through robust data collection, the platform analyzes user behavior and in combination with product trends, it automatically and continuously displays relevant products to each customer at any given time. The ability to deliver accurate and relevant products real-time, leads to increases in revenue, conversion rates and average order value.

Namaste will deploy Findify’s full product suite across its platform in order to bring this intelligence across all consumer touch-points. This focus on conversion rate optimization (CRO) using A.I. and machine learning technology will provide Namaste’s customers and patients, with an enhanced user experience while also increasing sales. The Company’s management team anticipates that the integration of Findify’s full-suite of proprietary technology will increase monetization, deliver a better user experience for customers, and propel revenue growth in both cannabis and hardware sales.

Cannabis A.I.

The Namaste and Findify team are pleased to be bringing the power of artificial intelligence to solve the problem of unpredictability in plant medicine. Findify’s technology will help bring clarity to our consumers and patients, who seek a specific cannabis strain in an ocean of variety, misinformation, uncertainty. Recent studies have revealed that the cannabis plant has 144 cannabinoids and over 100 terpenes, each with beneficial properties in unique combinations, affecting individuals in different ways. In addition to having over a thousand strains and over 200 variations of beneficial compounds, humans have different responses to each of these strains, making it an enormous challenge to find the right strain for the right person and their particular needs. Today, we search for that perfect strain by means of trial & error or guesswork. But Findify’s proprietary machine learning technology will allow us to match each unique individual with the relevant cannabis products for them. The Findify acquisition uniquely positions Namaste to develop a cannabis-focused A.I. platform that will provide a deeper understanding of patients needs and behaviours in an effort to provide a more relevant and personalized experience.

Key terms of the Acquisition:

  • Namaste acquired all issued and outstanding shares of Findify in exchange for:
    • US $2,000,000 in cash, paid upon the closing date of the proposed transaction.
    • US $10,000,000 paid in common shares of Namaste at a mutually agreed price of C$1.80 per common share.

The acquisition of Findify represents a major milestone for Namaste as its largest and first technology-based acquisition. Namaste will roll-out the entire suite of products available through Findify on all touch points in order to bring real-time intelligence across its platform. Findify will also leverage their experience working with 1000+ e-commerce stores, with conversion rate optimization and enhanced UX design.

Management Commentary

Meni Morim, Founder and CEO of Findify comments:

“We are delighted to officially be part of the Namaste Technologies team. We believe that technology can make the world a better place, and we strive to achieve that vision by bringing plant-based holistic medicine to the masses. By leveraging the power of A.I., we can understand complex plant characteristics and match them with patients’ profiles, thus helping patients with ailments such as chronic pain find the right strain of cannabis to alleviate their condition. It’s exciting to be able to use Namaste’s platform to offer people in remote areas access to health professionals and high-quality products.

During the acquisition process, we had the opportunity to work closely with the Namaste management team. It is an incredibly experienced and talented group of people, with drive and dedication which is truly inspiring. We are honored to be part of such a team.

We have spent a significant time reviewing the vision and roadmap of Namaste, and we’re very excited to take part in shaping the future of cannabis. We will be working hard on weaving A.I. into all aspects of the Namaste offering, which will deliver an unparalleled experience to our customers and patients.”

Sean Dollinger, President and CEO of Namaste comments:

“We are very excited to have acquired such an innovative company. Findify’s team have demonstrated themselves to be not only cutting-edge developers but also like-minded in business and strategy. We have already seen the benefits of A.I. and machine-learning in applications of e-commerce and anticipate strong growth in Findify’s existing business, offering this as a service to retailers. Our strategy will be to roll-out the full-suite of Findify’s offering across all Namaste sites with a focus on increasing CRO and in maximizing revenue and profitability. We have devoted ourselves to acquiring and innovating technology for the cannabis industry. We are very excited to have the opportunity to begin testing machine-learning and A.I. applications specifically within the cannabis industry.

In the future, cannabis patients will demand a more personalized online experience, as products and services in the cannabis industry continue to grow exponentially. We remain focused on positioning the company as a global leader in applications of innovative technology within the cannabis industry. We are very proud to have such talented companies and individuals working in partnership with Namaste to enhance a patient’s online buying experience by providing a deeper level personalization that will directly impact the patient’s experience.”

About Findify AB

Findify is a leader in e-commerce machine learning applications, with over 1200 customers in more than 60 countries around the world. Findify has developed a unique machine learning core, that leverages user behaviour, to personalize online experiences in real-time. Findify’s machine learning technology has been proven to deliver up to 27% uplift in conversion rate, and up to 30% uplift in revenue per user.

Findify is an official Shopify Plus Technology Partner, recognized as a “Best-In-Class Solution” for modern, rapidly growing e-Commerce businesses.

About Namaste Technologies Inc.

Namaste Technologies is a global leader in the sale of medical cannabis consumption devices. Namaste has nine offices with multiple distribution centers around the globe and operates over 30 websites under various brands. Namaste has developed innovative technology platforms including NamasteMD.com, Canada’s first ACMPR compliant telemedicine application. The company is focused on patient acquisition through NamasteMD and intends on building Canada’s largest database of medical cannabis patients. The company’s subsidiary, CannMart Inc. is an ACMPR Licensed Producer with a “sales-only” license, whereby the company will offer a large variety of medical cannabis sourced from domestic and international producers. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Investor Relations

Phone: 561-542-5052 or 250-300-5103

Email: [email protected]

Further information on Namaste and its products can be accessed through the links below:

namastetechnologies.com

namastevapes.ca

everyonedoesit.ca

namastevaporizers.co.uk

everyonedoesit.co.uk

australianvaporizers.com.au

Forward-Looking Information

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

SOURCE Namaste Technologies Inc.

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Posted in All Recent Posts, Medical Marijuana Stocks, Namaste Technologies Inc. | Comments Off on Namaste $N.ca Closes Acquisition of Leading #A.I. and Machine-Learning Technology Platform Findify.io for $12,000,000 in Cash and Shares $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Marijuana Company of America $MCOA and Global Hemp Group Provide Update on New Brunswick Hemp Project $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:46 AM on Tuesday, May 22nd, 2018

15233 mcoa

  • Partners have hired Joan Parker-Duivenvoorden as fulltime project agrologist and field manager for the project
  • Ms. Parker-Duivenvoorden graduated from Guelph University in 1981 with a BSc (Agr) majoring in plant protection.
  • Contracts have now been signed with the initial group of four farmers, who began seeding this season’s 125-acre industrial hemp crop last week
  • A 4,000 sq. ft. facility has now been secured in Bathurst, New Brunswick for the project

Escondido, California–(May 22, 2018) – MARIJUANA COMPANY OF AMERICA INC. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, is pleased to provide an update on its New Brunswick Hemp Project with joint venture partner, Global Hemp Group Inc. (CSE: GHG) (OTC Pink: GBHPF) (FSE: GHG) (the “Partners”).

The Partners have hired Joan Parker-Duivenvoorden as fulltime project agrologist and field manager for the project. Ms. Parker-Duivenvoorden graduated from Guelph University in 1981 with a BSc (Agr) majoring in plant protection. She has over 15 years-experience with the Nova Scotia Dept of Agriculture and with the New Brunswick Soil and Crop Improvement Association (“NBSCIA”). While working at the NBSCA, she has developed strong ties in the farming community that will prove to be advantageous as the project expands from the initial group of four farmers to more than fifty farmers as envisioned in coming years. In addition to being responsible for the project locally, she will provide advisory services to participating farmers, will conduct on-farm research projects to properly monitor the behaviour of various hemp varieties in different environments of the region. She will also develop training materials to assist farmers who will join the project in subsequent years. One of the long-term research projects headed by Ms. Parker-Duivenvoorden will be to develop a profitable crop rotation for organic hemp, opening the way for organic CBD.

Contracts have now been signed with the initial group of four farmers, who began seeding this season’s 125-acre industrial hemp crop last week. The farmers participating in the project in 2018 are located throughout the northeastern region of New Brunswick, Canada, making for a good cross section of results for research conducted on the behavior of the crop across that region. The distribution of farms will maximize the demonstration effect and will facilitate the recruitment of additional farmers in the following years. This carefully selected group of farmers will actively participate in addressing the introduction of this new crop across different regions.

A 4,000 sq. ft. facility has now been secured in Bathurst, New Brunswick for the project. The building will be used for biomass storage and to install drying equipment that will be used to process the fresh material. Dried material will be stored at the facility while awaiting further processing by third party processors. Once proper licenses have been acquired for importing and manufacturing finished CBD products, the site may also serve as a distribution center for the hempSMARTTM and Benihemp line of products.

About Marijuana Company of America, Inc.

MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Global Hemp Group Inc.

Global Hemp Group Inc. (CSE: GHG) (OTC Pink: GBHPF) (FSE: GHG), is headquartered in Vancouver, British Columbia, Canada, with base operations in Montreal and Los Angeles. The Company is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN & CBC) and creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy. The second phase of the plan will focus on the development of value-added industrial hemp products utilizing the processing of the whole hemp plant, as envisioned in the Company’s Hemp Agro-Industrial Zone (HAIZ) strategy.

Forward Looking Statements

This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

MarijuanaCompanyofAmerica.com
hempSMART.com
NetworkNewsWires/MCOA

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

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Esports Entertainment Group $GMBL Partners With PartnerMatrix To Integrate Affiliate And Agent Management System $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 8:41 AM on Tuesday, May 22nd, 2018

Esports large

  • Announced agreement with PartnerMatrix
    • first platform that enables online sportsbook and casino operators to run Affiliate System with Agent functionality and Agent System with Affiliate functionality
  • Company will integrate the PartnerMatrix platform to manage  affiliate program on an expedited basis

ST. MARY’S, Antigua, May 22, 2018 – Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce an agreement with PartnerMatrix, the first platform that enables online sportsbook and casino operators to run Affiliate System with Agent functionality and Agent System with Affiliate functionality. Under the agreement, the Company will integrate the PartnerMatrix platform to manage our affiliate program on an expedited basis.

Grant Johnson, CEO of Esports Entertainment Group stated, “We are excited to have partnered with Partner Matrix and can’t wait to benefit from their well-built affiliate and agent system, which will allow us to track everything in one place. PartnerMatrix is highly focused on affiliate manager and administrator comfort. It gives us an opportunity to reach each angle of the affiliate program and successfully manage all the operations. This will be especially important given the pace of esports teams signing up as affiliates, as well as, the onboarding of streamer affiliates.”

Levon Nykoshosyan, PartnerMatrix CEO, added, “We are delighted to provide our affiliate platform to Esports Entertainment Group, a very experienced and professional team with the clear vision of becoming market leaders. In our endeavour for continuous improvement and client satisfaction, this signing represents another important step for our ever-evolving affiliate solution. We are confident that PartnerMatrix includes everything needed in order to run the most successful performance marketing campaigns.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page:
http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance
1-268-562-9111
[email protected]

Media & Investor Relations Inquiries
AGORACOM Investor Relations
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

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Esports Entertainment Group $GMBL Signs Affiliate Marketing Agreements With Additional 14 #Esports Teams, Bringing Total To 50 Esports Teams $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 7:43 AM on Monday, May 21st, 2018

Esports large

  • Announced the signing of Affiliate Marketing Agreements with 14 additional esports teams
  • Company ramps up affiliate marketing activities in support of its recent launch of VIE  (https://vie.gg)
    • World’s safest, most secure and transparent esports wagering platform

ST. MARY’S, Antigua, May 21, 2018 – Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of Affiliate Marketing Agreements with 14 additional esports teams as the Company ramps up affiliate marketing activities in support of its recent launch of VIE  (https://vie.gg), the world’s safest, most secure and transparent esports wagering platform.

The addition of these 14 esports teams brings the total number of esports team affiliates to 50 since the Company’s first announcement on April 5th.  The Company anticipates more Affiliate Marketing Agreements with esports teams.

NEWEST ESPORT TEAM AFFILIATES

Team Cerenity
Re:born CS
R1s1ngSta
Sweating Germans
Enclave Gaming Community
ATG E-sports
Respect4Gaming
AGD ESPORTS
Pongileez
RWR team
BrotherHooD Esport
Team Shtopor
Venoms
Soul Rippers

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. VIE features wagering on the following esports games:

  • Counter-Strike: Global Offensive (CSGO)
  • Dota 2
  • Call of Duty
  • Hearthstone
  • StarCraft II

Grant Johnson, CEO of Esports Entertainment Group stated, “We are simply amazed at the speed at which esports teams are signing as affiliates for VIE.  In just six weeks, we have gone from zero to fifty and counting.  This is an incredible accomplishment when you consider no other esports wagering site has ever signed affiliate marketing agreements with esports teams.  The industry has sent us a loud and clear message – our transparent and trusted P2P esports wagering platform is exactly what the esports world has been waiting for. We are humbled and look forward to helping all of our esports teams and their fans succeed for many years to come.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page:
http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com

 

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

 

Contact:

 

Corporate Finance
1-268-562-9111
[email protected]

Media & Investor Relations Inquiries
AGORACOM Investor Relations
[email protected]

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INTERVIEW: Star Navigation $SNA.ca Roles Out Aggressive Sales Strategy With Barney Lassche

Posted by AGORACOM-JC at 2:40 PM on Friday, May 18th, 2018

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Good Life Networks Inc. $GOOD.ca announces acquisition of Impression X

Posted by AGORACOM-JC at 2:25 PM on Thursday, May 17th, 2018

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  • Entered into a binding letter of intent to acquire Impression X, Inc
    • a leading connected television advertising technology company
  • GLN to acquire the Purchased Shares for an aggregate purchase price of US$6,000,000.

VANCOUVER, May 17, 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 that it has entered into a binding letter of intent (the “LOI“) to acquire all of the issued and outstanding shares (the “Purchased Shares“) of Impression X, Inc (“Impression X“), a leading connected television (“CTV“) advertising technology company. GLN will acquire the Purchased Shares for an aggregate purchase price of US$6,000,000.

Under the terms of the LOI, consideration for the Purchased Shares will consist of a combination of cash, common shares of the Company (subject to the approval of the TSX Venture Exchange) and performance earn-outs based on agreed upon milestones. Management of GLN is comfortable that it has the resources available and on hand to complete the acquisition of the Purchased Shares. Closing of the transaction is conditional upon the successful completion of standard due diligence.

Although, the LOI contemplates the parties acting in good faith to finalize and enter into a more formal definitive share purchase agreement (the “Definitive Agreement“), the LOI is expressly stated to be a binding agreement. The LOI will terminate if GLN has not completed due diligence satisfactory to GLN, acting reasonably, within sixty (60) calendar days from the execution of the LOI. The LOI was negotiated at arm’s length.

CTV is one of the fastest growing areas of advertising technology. In 2018, it is expected that over 60% of all premium video on demand will be delivered via a connected television reaching an expected 759.3 million connected television sets globally (Digital TV Research).

“CTV is a perfect strategic extension of our programmatic video exchange. Once integrated with the GLN platform, we can deliver hyper-targeted video advertising in a consumer friendly, brand secure, and non-invasive manner that enhances the connected television user experience for millions. We also believe that this acquisition should be immediately accretive to earnings,” said Jesse Dylan, CEO of GLN.

“We are delighted to bring our leading-edge CTV technology to a large AdTech platform like GLN, allowing us to maximize our growth. GLN is the perfect fit for us, by plugging into a large video exchange platform, we can bring better user experience and scale to our CTV clients,” added Matt Hopkins, CEO of Impression X.

The GLN Story
GLN harnesses the power of artificial intelligence to improve marketing return on investments for advertisers using its patent pending video advertising technology. According to IAB (Interactive Advertising Bureau) the total U.S. digital ad spend reached a record-setting $88 billion last year, representing a 21 percent uptick over the previous year at $72.5 billion. This marks the first time digital ad revenues have overtaken television (broadcast and cable combined). By 2020, MAGNA, the research arm of media buying firm IPG Mediabrands, expects digital ads to make up 50 percent of all ad spending. GLN recently closed a $9.2 million subscription financing prior to closing its qualifying transaction and 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 the Company’s acquisition of Impression X. 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 timing of the acquisition of Impression X, successful completion of the acquisition of the Purchased Shares, execution of the Definitive Agreement, the number of securities of GLN that may be issued in connection with the transaction; GLN realizing on the anticipated value of acquiring the Purchased Shares, GLN maintaining its projected growth, approval of the TSX Venture Exchange and general economic conditions or conditions in the financial markets. In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation that the integration with Impression X’s technology will be successfully completed in the time expected by management and will generate the anticipated revenue and expand GLN’s global reach per management’s expectations. GLN does 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, unless and until 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/May2018/17/c2226.html

 

[email protected], Jesse Dylan, CEO, Suite 150 – 1090 Homer St., Vancouver V6B 2W9, C: 604-341-8300, E: [email protected] CNW Group 2018

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PyroGenesis $PYR.ca Signs First Major Exclusive Commercial Agreement for Sale of Titanium (Ti-6Al-4V) Powders

Posted by AGORACOM-JC at 1:36 PM on Thursday, May 17th, 2018

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  • Signed its first major  exclusive commercial agreement for the sale of titanium (Ti-6Al-4V) powders  
    • For use in  the additive manufacturing industry;
    • after having been qualified as an approved supplier by a client in Asia
  • Agreement provides for a minimum sales volume of 10,000 kg over 2 years and is limited geographically to a specific territory in Asia

MONTREAL, May 17, 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 based systems and plasma torch systems, is pleased to announce today that it has signed its first major  exclusive commercial agreement (the “Agreement”) for the sale of titanium (Ti-6Al-4V) powders  for use in  the additive manufacturing (“AM”) industry, after having been qualified as an approved supplier by a client in Asia (the “Client”).

This Agreement provides for a minimum sales volume of 10,000 kg (10 tons) over 2 years and is limited geographically to a specific territory in Asia.  It is anticipated that the Agreement would be extended for further terms at the conclusion of the first 2-year term.  It also allows for exclusive distribution into this territory.

The Client specializes in advanced alloy powders for, amongst other industries, AM (3D Printing).  They also produce metal powders and specialty parts.   The Client is well established within the territory which is seeing one of the fastest growing demands for metal powders for AM.

“This Agreement is significant because (i) of the magnitude of the order when compared to previous year’s revenues, (ii) it validates our strategy as a powder supplier to the AM industry, and (iii) the potential additional growth that can develop from this relationship alone,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “We did not expect to make such inroads into this particular geographic region before 2019, or even 2020.  Although important, we did not see this as being what we call “low hanging fruit”, as we thought it would take a lot more time and effort before we could announce results like we have today.  This Agreement compliments our Asian strategy nicely and was structured in such a way as not to impede other discussions taking place with others in the industry.”

“We believe that this is the beginning of a developing partnership as this is only the guaranteed minimum sales volume committed to by the Client,” added Mr. Massimo Dattilo, Vice President, Sales of PyroGenesis. “Of note, this Agreement is for titanium powders only.  The Client also has a need for nickel alloy powders (such as Inconel) which we have already successfully produced, as well as aluminum alloy powders which we can also produce.  We expect to gain traction with respect to these other powders as well.”

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 9001:2008 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.

P. Peter Pascali, President and CEO

For further information, please contact: Rodayna Kafal, VP, Investor Relations and Strategic Business Development, Phone: (514) 937-0002, E-mail: [email protected]

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

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Monarques Gold $MQR.ca To Commission Its Beacon Mill In The Last Quarter Of 2018 $MUX.ca $SII.ca

Posted by AGORACOM-JC at 11:07 AM on Thursday, May 17th, 2018

Emerging gold producer in Abitibi (CNW Group/Monarques Gold Corporation)

  • Strong demand for its custom milling services spurs the Company to start up its mill
  • mill is located on Route 117, within 500 metres of the railway line and less than 10 km from the Beaufor Mine
  • Allocated a budget of $1.5 million to upgrade the facility
  • Expects to commission the 750 tonne-per-day plant in the last quarter of 2018

MONTREAL, May 17, 2018  – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to announce that it has decided to start up its Beacon mill in Val-d’Or. The mill is located on Route 117, within 500 metres of the railway line and less than 10 km from the Beaufor Mine. The Corporation has allocated a budget of $1.5 million to upgrade the facility, and expects to commission the 750 tonne-per-day plant in the last quarter of 2018.

The Beacon mill remained in a very good condition over the shutdown period. It has its operating permits, including a certificate of authorization from the Ministry of Sustainable Development, Environment and the Fight against Climate Change to process 1,800,000 tonnes of tailings, or approximately nine years of mineral processing at full capacity.

The Corporation has retained SNC-Lavalin to do the engineering work required to upgrade and restart the tailings management facility, and in May will file an updated closure plan with the MERN (Ministry of Energy and Natural Resources), which must approve the plan before the mill can be commissioned.

“This is a strategic decision for Monarques, as we expect to be able to operate the Beacon mill at full capacity for a long time,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “We are also proud to have excess demand for our custom milling services, as it reflects the quality of the service provided by our employees at the Camflo mill, which is currently operating at full capacity. These activities are also profitable for Monarques, of course, and will be even more so once we are producing at our full authorized capacity of 2,350 tonnes-per-day for the Beacon and Camflo mills.”

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, P.Eng., the Corporation’s qualified person under National Instrument 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.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/monarques-gold-to-commission-its-beacon-mill-in-the-last-quarter-of-2018-300650322.html

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/May2018/17/c7947.html

Jean-Marc Lacoste, President and Chief Executive Officer, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2018

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$AAO.ca Augusta Announces its Shareholders’ Meeting and Provides Sales Update

Posted by AGORACOM at 10:28 AM on Thursday, May 17th, 2018

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  • Marcon International Inc. sales orders of $612,000, with a backlog of $962,838.71
  • Shareholders’ meeting has been scheduled for July 11, 2018

Toronto, Ontario–(Newsfile Corp. – May 17, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”) is pleased to announce that it wholly owned subsidiary, Marcon International Inc. (“Marcon”), has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $612,522.38. The current backlog of orders, including these new contracts, is $962,838.71 as of May 15, 2018.

“The Corporation is pleased to enter in these new contracts as it is a reflection of the continued efforts and hard work of the Corporation’s sales staff,” stated Allen Lone, President of the Corporation. “The Corporation’s sales efforts continues to result in increased sales and the Corporation will continue to focus on entering into additional contracts and developing additional relationships and opportunities with its existing clients.”

The Corporation also announces its shareholders’ meeting has been scheduled for July 11, 2018.

About the Corporation:

Through its wholly owned subsidiaries, Marcon, Fox-Tek Canada Inc. (“Fox-Tek”) and Paragon Blockchain Inc. (“Paragon”), the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment (Electrical, mechanical and Instrumentation.) In addition to departments and agencies of the U.S. Government, Marcon’s major clients include Saudi Arabia-Sabic Services (Refining and Petrochemical), Bahrain National Gas Co, Bahrain Petroleum, Qatar Petroleum, Qatar Gas, Qatar Petrochemical, Gulf of Suez Petroleum, Agiba Petroleum and Burullus Gas Co.

Fox Tek develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

Blockchain technology has the potential to unlock substantial new opportunities capable of impacting the business of Marcon. Specifically, Marcon seeks to create an eco-system in the supply chain management of clients to change the dynamics of the scoping and bidding process by providing vendors and subcontractors with A.I. data mining tools to proactively drive the process. Blockchain technology is of critical importance to FOX-TEK as well particularly the expansion of its’ non-intrusive technology in the oil & gas industry, whose clients include many of the biggest companies in the world.

Corporation contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275-8111 Ext 226, email: [email protected]

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.

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