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Namaste $N.ca $NXTTF Announces Record-Breaking Quarterly Sales of $5.6M Representing a 195% Quarter-Over-Quarter Increase and Over 1,600 Medical Cannabis Patients $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 10:09 AM on Monday, April 30th, 2018

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  • Sales for the second quarter of 2018 were $5.6M,
    • representing a $3.7M or 195% increase quarter-over-quarter 
  • Gross profit for the second quarter of 2018 was $1.9M,
    • representing a $1.2M or 150% increase quarter-on-quarter
  • Over 1,600 Medical Cannabis Patients Acquired To-Date Through NamasteMD

VANCOUVER, British Columbia, April 30, 2018 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N), (FRANKFURT:M5BQ), (OTCMKTS:NXTTF) is pleased to announce the filing of its unaudited quarterly financial statements, management’s discussion and analysis and certification of the quarterly filings for the second quarter of fiscal 2018. The statements for the period can be accessed on the Company’s SEDAR profile at www.sedar.com.

The Company’s sales for the second quarter of 2018 were $5.6M, representing a $3.7M or 195% increase quarter-over-quarter.  Gross profit for the second quarter of 2018 was $1.9M, representing a $1.2M or 150% increase quarter-on-quarter. For the first six months of the year, the Company had sales of $10.6M, representing a $6.6M or 165% increase year-on-year. Gross profit for the first six months of 2018 was $3.6M, representing a $2.1M or 140% increase year-over-year. The gross profit increase relates primarily to the growth in revenue outside the United States.

Namaste’s management team is extremely encouraged by the financial position of the Company and anticipates seeing accelerated growth in Q3 and Q4 of 2018. The Company has been focused on launching many new initiatives, the most significant of which is the addition of medical cannabis sales through the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”). Namaste will focus on expanding its international platform and in developing new opportunities domestically and abroad.

The Company has also seen a significant impact on Canadian operating costs for its hardware business, correlated to the integration of Namaste’s platform with Greenlane Canada Inc., whereby inventory management and order processing are fulfilled by Greenlane. The integration with Greenlane has completely removed all inventory costs and has also streamlined operations. The Company anticipates further cost reductions by pursuing similar strategic partnerships which bring long-term value to the Company and its shareholders.

Namaste’s management team is now highly focused on patient acquisition through the Company’s innovative telemedicine application, NamasteMD. To date, the company has acquired over 1,600 patients, all of which were driven organically through Namaste’s platform. The Company’s marketing team will be working through various marketing channels to further accelerate patient growth while expanding its clinic team in order to accommodate anticipated demand. With strong initial results on patient acquisition costs and conversion rates, Namaste believes that it will be able to acquire medical patients faster and at a lower cost than any of its industry peers.

The Company is also looking forward to trading on the TSX Venture Exchange (“TSXV”) as a Tier 1 issuer, which will provide Namaste and its shareholders with many advantages, including greater visibility and enhanced market access for Canadian and international investors.

Quarterly Financial Highlights

  • The majority of revenues were generated by several key markets. The top five countries generated 85% of revenues for the second quarter of 2018 compared to 84% for the second quarter of 2017. The table below depicts gross revenues by country.
Revenues by country
For three months ended For six months ended
Country February 28,
2018		 February 28,
2017		 February 28,
2018		 February 28,
2017
United Kingdom $1,346,193.00 $737,946.00 $2,580,175.81 $1,285,227.00
Australia $1,234,429.00 $91,371.00 $2,650,200.00 $170,254.62
United States of America $1,140,217.00 $525,518.00 $1,817,768.84 $1,437,529.00
Brazil $380,879.00 $100,591.00 $735,322.92 $202,514.00
Canada $678,815.00 $78,985.00 $1,034,446.63 $159,223.00
Germany $287,878.00 $32,660.00 $550,487.86 $56,097.00
New Zealand $71,714.00 $75,149.00 $176,197.59 $209,317.00
Ireland $36,902.00 $51,759.00 $98,722.14 $87,264.00
Israel $94,160.00 $26,367.00 $157,004.13 $48,603.00
Other $362,643.00 $186,760.00 $764,614.08 $338,265.38
Total $5,633,830.00 $1,907,106.00 $10,564,940.00 $3,994,294.00
  • Operating costs for the second quarter of 2018 were $5.5M compared to $2.4M for the second quarter of 2017. The $3.1M quarter-over-quarter increase in operating costs is primarily due to non-cash charges of $1.5M, which included share-based compensation, amortization of intangible assets, and depreciation.
  • Selling expenses for the second quarter of 2018 were $1.7M compared to $0.6M for the second quarter of 2017, representing an increase of $1.1M quarter-on-quarter. The increase was due in part to an increase in advertising expenses of $0.6M and consulting expenses of $0.5M. Advertising expenses related to online search services as well as other online promotional and social media tools utilized by the Company to generate sales. These costs further represent the Company’s significant investment into search engine optimization and its ongoing customer acquisition strategy. Consulting expenses relate to compensation amounts paid to various companies and individuals for marketing, order fulfillment, customer service activities, e-commerce product development, back-office e-commerce support and sales commissions. The increase in consulting fees is primarily related to information technology in order to develop current and new revenue channels.
  • Administration expenses for the second quarter of 2018 were $3.5M compared to $1.8M for the second quarter of 2017, representing an increase of $1.7M quarter-over-quarter. The increase is primarily due to share-based compensation of $1.3M and increases in merchant fees and professional fees.
  • Other expenses for the second quarter of 2018 were $0.3M compared to approximately $nil for the second quarter of 2017, representing an increase of $0.3M quarter-over-quarter. The increase was primarily due to the amortization of intangibles of $0.2M, which relates to the amortization of the customer list from the acquisition of Australian Vaporizers.

Management Commentary
Sean Dollinger, President and CEO of Namaste comments: “We are very pleased with the Q2 financials. The Company continues to see quarter-on-quarter growth at a rapidly accelerating rate, even after having divested our US assets. Our management team remains focused on ramping up patient acquisition through NamasteMD, and we anticipate launching medical cannabis sales through Cannmart in the near future. Namaste will continue to pursue and develop innovative technologies for the cannabis industry. This will be achieved through forming mutually beneficial partnerships and in making strategic investments that bring value to both the Company and the cannabis sector as a whole. We feel that the Company is now positioned for significant growth going forward which will be achieved by accelerating patient acquisition, adding medical cannabis sales to our platform and by implementing new technologies to an already impressive platform.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 24 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., which operates a medical cannabis “sales-only” license under Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”), is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

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. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

On behalf of the Board of Directors
“Sean Dollinger”
Chief Executive Officer Direct: +1 (786) 389 9771
Email: [email protected]

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

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk
www.australianvaporizers.com.au

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Posted in All Recent Posts, Featured, Medical Marijuana Stocks, Namaste Technologies Inc. | Comments Off on Namaste $N.ca $NXTTF Announces Record-Breaking Quarterly Sales of $5.6M Representing a 195% Quarter-Over-Quarter Increase and Over 1,600 Medical Cannabis Patients $ACB.ca $HIP.ca $WEED.ca $CMED.ca

FEATURE: Peeks Social $PEEK.ca Live Streaming App Allowing Users to Interact in Real-time, $2.9M in 9 Month Revenues, 5.8M Quarterly User Sessions $BCOV $AVID

Posted by AGORACOM-JC at 2:10 PM on Friday, April 27th, 2018

WHAT IS PEEKS?

Peeks is a new live streaming app where people can interact and transact in real time by sending cash tips as appreciation for content and or selling goods and services to their live viewers.

HIGHLIGHTS

  • $2,980,842 of gross revenue for the nine months ended September 30, 2017
  • Q3 2018 user sessions on the Peeks Social platform grew to 5.8 million, Up from 4.6 million in Q2 2018
  • Peeks Social app set additional monthly deposit records in each month from September 2017 to January 2018

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Posted in AGORACOM Client Feature, All Recent Posts, Peeks Social Ltd. | Comments Off on FEATURE: Peeks Social $PEEK.ca Live Streaming App Allowing Users to Interact in Real-time, $2.9M in 9 Month Revenues, 5.8M Quarterly User Sessions $BCOV $AVID

Why #Blockchain, Why Now? $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

Posted by AGORACOM-JC at 10:17 AM on Friday, April 27th, 2018
  • Blockchains record trust like an atomic clock records time
  • Unlike trust, time marches ever forward and is irreversible 

Dante Disparte , Contributor

Burkley. Washington state. USA USA dollars bills in God we trust 29 December 2014. hoto by Francis Joseph Dean/Deanpictures) (Photo by Francis Dean/Corbis via Getty Images)

Blockchains record trust like an atomic clock records time. Unlike trust, time marches ever forward and is irreversible.  What if trust could be recorded in the same manner, with exactly the same accuracy and fidelity? Trust can be lost just as soon as it is gained because of our reliance on experiential, opaque and analog methods of recording it.  When someone says “trust me” it usually engenders doubt.  Blockchain technology can change that.  Each year for the last 18 years, Edelman, a global public relations firm, has issued a report called the Trust Barometer. While the study is a compelling snapshot in time of global attitudes and perceptions of trust in public and private institutions, the more interesting insights are gleaned by looking at this body of work longitudinally. By this measure, Edelman’s most recent Trust Barometer confirms the sentiments we have seen driving unprecedented outcomes in ballot boxes, on streets and in the market.

The surprising Brexit vote and the election of President Trump, which was a veritable trans-Atlantic echo where voters sowed the seeds of their distrust in status quo irrespective of the consequences, are two macro-level examples of the trust deficit.  Indeed, following the Brexit vote, search terms for “what is Brexit?” and more troublingly, “what is the EU?” spiked in the U.K., showing the combustible political mix of antiestablishment tendencies, blended with populism and two-speed economic recovery.  Many pollsters and analysts missed just how deep this wellspring of mistrust really is and only six newspapers in the U.S. were in favor of the antiestablishment candidate Trump. The erosion of institutional trust is borne, in no small measure, out of opacity, informational asymmetries and agency issues that prop up status quo and friction-laden institutions.  Other than climate change, extreme income inequality and pandemics, the global trust deficit may be one of the world’s direst challenges – noting that they are all interconnected.  The trust deficit is the wellspring that irrigates the seeds of political risk and social polarization reversing the course on globalization and multilateralism.

Against this complex backdrop, blockchains are no panacea, but with the right blend of leadership and institutional shifts from analog to digital, and eventually to decentralized structures, we can begin arresting the trust deficit.  Markets, customers, investors and other stakeholders have all grown tired of learning about the misdeeds of large organizations during rare glimpses of sunlight that creeps through the crevices. Recent examples include Equifax executives selling stock days after a massive breach was discovered that exposed nearly the entire U.S. workforce to a lifetime of identity and financial risk. The massive account rigging scandal at Wells Fargo is another recent example that conspired to fuel growing distrust and anger in the market. Companies and institutions are responding to this trust deficit in many ways, often with the opposite expected outcomes. Starbucks’ recent decision to close 8,000 its U.S. stores on May 29 in response to the wrongful arrest of two black patrons at a store in Philadelphia may be such an overreaction to regain trust. The slow and somewhat tone-deaf response from Mark Zuckerberg, Facebook’s media-shy CEO, following the Cambridge Analytica scandal, which may have had election-swaying impacts, certainly contributed to Facebook’s trust deficit.  Although counter-intuitively Facebook has enjoyed a 50% quarterly revenue gain, showing that the platform may be too big to avoid or there is a lag effect in the market.

This corporate trust deficit is not singularly a U.S. phenomenon, as the Volkswagen emission-rigging scandal confirmed the cynical view that in the pursuit of growth there is no triple bottom line.  Indeed, institutional misdeeds have shown that there may be no ethical lines at all in the pursuit of profit, power maximization and preservation.  From finance, to elections, to combating fake news or guaranteeing supply chain provenance, market participants are desperately searching for ways of asserting how trustworthy they are beyond corporate social responsibility, marketing initiatives and executive promissory statements. With the impressive wave of blockchain prototyping taking place in many sectors, the solution to this global trust deficit is beginning to see the light of day.  Indeed, some are beginning to argue – perhaps to blockchain’s detriment – that the mere mention of the technology confers a good housekeeping seal of trustworthiness – a veritable LEED certification of trust.

When blockchain, like the internet before it, fades to the background, it can begin changing the world.  For this to take place, many entrenched and centralized institutions, which have become the single points of failure in the global economy accruing an embarrassment of power and riches, will need to be transformed.  Blockchain will not take these bricks apart one by one, contrary to the whims of technology investors, crypto-utopians and speculators.  Rather, these groups will be forced to change by the growing trust deficit that is sandblasting the veneer from even the most sacrosanct institutions. If the internet created a world of low fiction communication, blockchain can create a world of low fiction value transfer, in no small measure because of the irrevocable way in which it records trust.

It is worth noting that bitcoin and the rise of cryptocurrencies as a trillion-dollar asset class in 2017, was spurred without the oversight of a central bank or monetary authority guaranteeing trust or market conduct. Code and the bitcoin blockchain achieved a level of trust that millions of people, thousands of regulators and hundreds of enforcement agencies around the world struggle to maintain – all in a fraction of the time, with a higher degree of security and an infinitesimally lower cost.  However, for the true impacts of this technology (like the internet before it) to take hold, the conversation needs to shift from how to why and the technology must recede. We are at the very crest of the blockchain hype cycle where there is a lot of sizzle, little steak and the occasional setback or indictments.  All of this denotes progress.

Unfortunately, entrenched centralized institutions from politics, business and civil society, have little interest in truly deconstructing their business models to withstand the trust age. This is a similarly perilous play as the traditional media firms that ignored the rise of their digital twins, or the box retailers that ignored the rise of Amazon – same outcomes, more efficient delivery.  Ever since the Bretton Woods system pegged the global economy to promissory statements made behind closed doors and affixed on physical currencies emblazoned with words like In God We Trust, trust became the world’s thrift.  This rules-based system is being challenged by the return of economic nationalism and trade wars.  Indeed, proto-currencies that predate their pecuniary and digital twins by many thousands of years relied on many of the same mechanics as the cryptocurrencies that are the latest offshoots of our need for trust-based value exchange.

The world is facing many deliberate and unintended distortions of our social, economic and political order.  In short, complex forces are arrayed against the institutions that sowed post-war stability and trust is the first casualty in this war.  Social media platforms, such as Twitter, which the U.S. president has come to rely on almost singularly to convey his political, military and economic messages, is rife with fake news inducing bots, which comprise nearly 50 million of the platform’s users driving an outsized volume of site traffic.  Facebook proved to be an efficient backdoor for micro-targeting the minds of millions of voters, further isolating people in information bubbles of their own “truth.”  An equally unprecedented wave of complex risks, from climate change to cyber threats, calls into question the value of citizenship in even the most powerful economies in the world.  Puerto Rico’s plight is very much the canary in the climate change coal mine.  60% of FEMA claims being denied to households in Puerto Rico due to challenges evidencing property ownership highlights the critical flaw of relying on paper-based analog records in a risk-prone digital world.  In this world, a dollar may be worthless, a vote uncounted, a politician unaccountable and a contract unenforceable.  Blockchain can bridge these gaps and shore up the erosion of trust.  To do this, adopting blockchain technology in large institutions that benefit from status quo is more about leadership and a frame of mind, than it is about technology or digital transformation.

Source: https://www.forbes.com/sites/dantedisparte/2018/04/26/why-blockchain-why-now/#db0fb1b4f428

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Posted in Bitcoin, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, Smallcap Blockchain stocks, St. Georges Platinum and Base Metals, ThreeD, ThreeD Capital | Comments Off on Why #Blockchain, Why Now? $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

INTERVIEW: Gratomic Chairman, Sheldon Inwentash Discusses Company’s First Mass Market Graphene Product – The Gratomic Tire

Posted by AGORACOM-JC at 4:36 PM on Thursday, April 26th, 2018

After working in “stealth mode” over the past 18 months and building on a plan to establish the first vertically integrated Graphite to Graphene to Mass Market Product, Gratomic has emerged with an announcement it will be going into commercial production this year via the “Gratomic Tire“.   This is no small feat. Graphene has been touted as a miracle material, a superhero of modern chemistry. Yet, no small cap company has been able to produce any commercial success from graphene.

That is all about to change according to the following statement by Ian Walters of Perpetuus Carbon Technologies:
“We can only conclude that the Gratomic Tire due to be launched later this year is well placed to revolutionise the commercial Tire market and establish the first Graphite mine to commercial exploitation “vertical” for graphenes derived from mined graphite.”
More than just lip service, Perpetuus has over 500 customers testing their graphenes and has tested every graphite in the world. Graphene derived from Gratomics’ Aukam Graphite Mine in Namibia has beat them all.
In his first interview ever as Gratomic Chairman, Sheldon Inwentash discusses why the global tire market is the first mass market product to evolve from its’ partnership with Perpetuus and how big of an opportunity it represents. In short, “this is where the rubber hits the road”.
Enjoy the video and we look forward to your questions below.

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Posted in AGORACOM Via Satellite, Gratomic | Comments Off on INTERVIEW: Gratomic Chairman, Sheldon Inwentash Discusses Company’s First Mass Market Graphene Product – The Gratomic Tire

Star $SNA.ca Completes Private Placement; Patents Owner Considers Investigation Into Patent Infringement

Posted by AGORACOM-JC at 11:26 AM on Thursday, April 26th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564620/hub/SNA.png

  • Announced completion of a private placement and notification to shareholders of a potential patent infringement investigation
  • Owner of the Patents has advised Star that it is currently in discussions with legal counsel with respect to initiating an in-depth review of possible infringements of these Patents by third parties

TORONTO, April 26, 2018 – Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) (“Star” or the “Company”) is pleased to announce the completion of a private placement and notification to shareholders of a potential patent infringement investigation.

Potential Patent Infringement Investigation

Star holds the exclusive, worldwide license to use the patented technology underlying the In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. This technology is protected by patents in Canada, the United States, Great Britain, India and elsewhere (the “Patents”).

The owner of the Patents has advised Star that it is currently in discussions with legal counsel with respect to initiating an in-depth review of possible infringements of these Patents by third parties.

In the event that infringements by third parties have taken place or are continuing to take place, the owner of the Patents has the right to initiate legal action for the purpose of halting the infringement(s) and recovering damages as appropriate. The owner of the Patents has agreed to fully fund all costs and expenses of any legal action taken to enforce the Patents.

Star has always maintained that it would vigorously defend its rights under its license to the Patents and will fully support any action decided upon.

Private Placement

Star is also pleased to announce that it has closed a non-brokered private placement, having issued 3,766,667 units of the Company (the “Units”) at a price per Unit of $0.06 for gross proceeds of $226,000. Each Unit consists of one common share in the capital of the Company and one warrant.  One warrant entitles the holder to purchase one (1) additional common share of the Corporation at seven ($0.07) cents per warrant exercised. The warrants are exercisable during the one (1) year period from the date of issue.

All securities issued in the Offering and any shares issued upon exercise of warrants are subject to a four month statutory hold period from the date of issuance. The net proceeds of the placement will be used for research and development, marketing and corporate overhead. Star has agreed to pay finder’s fees in the amount of ten (10%) percent of gross proceeds in Units. The price was reserved with the CSE.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Star’s M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Viraf S. Kapadia, (416) 252-2889 Ext. 230

[email protected]

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American Creek $AMK.ca Announces Innovative 3D Geophysical Modeling Tool to Display Drill Targets on Treaty Creek $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 9:07 AM on Thursday, April 26th, 2018

Hublogolarge2 copy

  • Announced that a new, integrated scientific approach to understanding mineralization is being incorporated at its Treaty Creek property in the Golden Triangle of north-western British Columbia

Cardston, Alberta–(April 26, 2018) – American Creek Resources Ltd. (TSXV: AMK) (the “Corporation”) is pleased to announce that a new, integrated scientific approach to understanding mineralization is being incorporated at its Treaty Creek property in the Golden Triangle of north-western British Columbia.

Geoscience Innovation

Plans have been developed for future exploration utilizing the work of Simcoe Geoscience Inc. of Toronto (“Simcoe”), which incorporates the latest drill results with previous Magnetotelluric (MT) imagery. Further to that, a previous Airborne Electromagnetic (EM) and Magnetic survey with strategic significance were also delivered to Simcoe in order to build a fully integrated dataset with 3D modeling capabilities. That process has now been completed. Analysis and re-interpretation of data is in progress and the initial results (Figures 1 & 2) demonstrate the capabilities of this innovative 3D modeling. The integrated results are accompanied by brief interpretations of the images and how it will be applied to the exploration planning.

Based on the 2017 drilling data integration, there appears to be a correlation with magnetic anomalies and the deeper MT anomalies in the Copper Belle area. In Figure 1 it is seen that the latest drilling was on or close to significant anomalous targets in the Copper Belle, GR2 and RR Zones. The Copper Belle Zone is open to the north, east and west of 2017 drilling, and there is an indication of another large anomaly to the south.

The GR2 and RR Zones have demonstrated mineralization at depth and are in close proximity to strong anomalous zones. There are significant Magnetic and MT anomalies noted in blue circles A & B that have yet to be explored. The magnetic and MT anomalies noted as Hot Spots and in more detail in Figure 2 have been used to locate several zones of interest shown on the plan view. The black box outline over the Copper Belle is the 1 km discovery area that is open in multiple directions.

Figure 1: Integrated Mag/EM/MT Data Presented in a Plan 3D View

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/4494/34221_a1524608274836_92.jpg

In Figure 2 below, the two circled hot spots from Figure 1 are identified as A and B. The anomaly in circle B is the Copper Belle discovery. Circle A is an anomaly in the area known as the Konkin zone. This anomaly defines a target that will be explored in 2018 and possibly drilled. The Konkin zone covers part of the side-hill and continues down under the glacial ice. It also extends southward adjacent to and above the Treaty glacier. Previous channel sampling at Konkin ran 870 g/t Au over 1.2 m. Surface sampling, trenching and drilling data that is accumulated in 2018 will further the Company’s understanding of the anomalies and its ability to refine the drill target selection process.

Figure 2: Integrated Mag/MT data presented as a Depth Section

To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/4494/34221_a1524608275055_33.jpg

Walter Storm, President and CEO, stated: “The images created by combining multiple geophysical technologies with drill-hole locations provide Tudor Gold with an innovative analytical tool that has identified many exciting exploration opportunities. As we explore and drill these targets in 2018, our focus will be on improving our interpretive skills so we can harness this technology and maximize its potential going forward.”

Darren Blaney, President and CEO of American Creek, stated: “As more analysis of the Treaty Creek Project is conducted, it becomes more and more apparent that Treaty Creek shares similar geophysical, geological, and structural signatures as the adjacent properties immediately to the south (Seabridge’s KSM and Pretivm’s Brucejack / Valley of the Kings). The correlation between the geophysics and the drilling is becoming very clear and indicates the strong potential for Treaty Creek to have similar scale deposits as the adjacent properties.” 

Qualified Person

The Qualified Person for the analytical information in this new release is James A. McCrea, P.Geo, for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis of the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

Tudor conducted a very successful major drill program (approximately 20,000 metres) on the Treaty Creek property this past summer. The objective of the program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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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Posted in American Creek Resources Ltd. | Comments Off on American Creek $AMK.ca Announces Innovative 3D Geophysical Modeling Tool to Display Drill Targets on Treaty Creek $SEA $SA $SKE.ca $TUD.ca $PVG

Esports Entertainment Group $GMBL Appoints International Audit Firm UHY as Auditor

Posted by AGORACOM-JC at 8:55 AM on Thursday, April 26th, 2018

Esports large

  • Announced today the appointment of UHY McGovern Hurley LLP as its auditors, replacing PLS CPA
  • Appointment of UHY, part of an international network of accounting and consulting firms with 320 offices across 95 countries, is a reflection of the growing and anticipated needs of the Company, which currently has offices and licences in North America, The Caribbean and Europe, with further geographic expansion anticipated

ST. MARY’S, Antigua, April 26, 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, announced today the appointment of UHY McGovern Hurley LLP (“UHY”) as its auditors, replacing PLS CPA (“PLS”).

The appointment of UHY, part of an international network of accounting and consulting firms with 320 offices across 95 countries, is a reflection of the growing and anticipated needs of the Company, which currently has offices and licences in North America, The Caribbean and Europe, with further geographic expansion anticipated in the future.

The UHY network is a member of the Forum of Firms, an association of international networks of accounting firms. The Forum’s goal is to promote consistent and high-quality standards of cross-border financial reporting and auditing practices worldwide, and the adoption of international auditing standards. For additional information on the Forum of Firms, visit www.forumoffirms.org.

The UHY network is currently ranked 16th among the largest international audit, accounting, tax and consultancy networks by fee income (source: International Accounting Bulletin, February 2018).  For additional information about the UHY network, visit www.uhy.com.

Grant Johnson, CEO of Esports Entertainment Group stated “UHY is recognized as a leader providing audit services to industry worldwide, and we are pleased to work with a firm that truly understands our global needs. Moreover, the appointment of UHY continues our philosophy of providing the safest, most secure, transparent and regulated esports wagering platform in the world.”

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 next generation online gambling and 18+ gaming company. Initially, Esports Entertainment offers 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 Curacao. 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 Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

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

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Posted in All Recent Posts, Esports Entertainment Group, Esports Entertainment Group Inc. | Comments Off on Esports Entertainment Group $GMBL Appoints International Audit Firm UHY as Auditor

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

Posted by AGORACOM-JC at 2:53 PM on Wednesday, April 25th, 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
  • Future applications: Emergency Medical Services (airborne and ground vehicles), Land vehicles

CHECK OUT OUR RECENT INTERVIEW

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Posted in AGORACOM Client Feature, All Recent Posts, Featured, Star Navigation Systems (SNA:TSXV) | Comments Off on FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Namaste $N.ca Signs Non-Binding LOI to Acquire Up to 25% Equity in Leading Same-Day Cannabis Delivery Service Pineapple Express Delivery Inc $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 9:30 AM on Wednesday, April 25th, 2018

Nlogo

  • Signed a non-binding letter of intent with Pineapple Express Delivery Inc.
  • Namaste will invest $1,000,000 to acquire 15% of the share capital of Pineapple Express and:
  • Obtain a right of first refusal to purchase an additional 10% of the share capital for an additional $1,200,000

VANCOUVER, British Columbia, April 25, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has signed a non-binding letter of intent (“LOI”) with Pineapple Express Delivery Inc. (“Pineapple Express”), whereby Namaste will invest $1,000,000 to acquire 15% of the share capital of Pineapple Express and obtain a right of first refusal to purchase an additional 10% of the share capital for an additional $1,200,000.

Pineapple Express currently operates a same-day delivery service for medical cannabis and expects to expand across Canada. Pineapple Express’ management team have a proven track record of launching cross-country same-day delivery services, having sold a previous same-day delivery venture to Just Eat Canada.

The proposed agreement will allow Namaste and Pineapple Express to expand on Pineapple Express’ existing same-day delivery service for medical cannabis platform to provide same-day delivery of medical cannabis across Canada. Namaste intends to assist with the development and marketing of Pineapple Express’ brand and in the optimization of its existing software platform. Namaste will also look to leverage its international exposure and offer Pineapple Express’ fully-integrated software application to international cannabis licensed producers.

The Company along with Pineapple Express will retain exclusive rights to use the Pineapple Express software platform in North America, and Namaste will hold the rights to use the software platform internationally. Pineapple Express has also signed an LOI with Canada’s leading seed-to-sale platform, Ample Organics Inc., to offer same-day delivery to its customers.

Terms of the LOI

  • Namaste will make an initial capital investment of $1,000,000 for 15% of the share capital of Pineapple Express. The initial capital investment will be comprised of $850,000 in cash and $150,000 in Namaste common stock, subject to exchange approval.
  • Namaste will receive a right of first refusal to acquire an additional 10% interest in Pineapple Express for $1,200,000 for 14 months following the closing date of the definitive agreement. This payment would be comprised of $780,000 in cash and $420,000 in Namaste common stock, subject to exchange approval.
  • Namaste will reserve for issuance up to 150,000 common share options (the “Options”) to be issued to Pineapple Express and/or its officers pursuant to consulting agreements entered into on execution of the definitive agreement. The Options will vest on a quarterly basis. Namaste will reserve up to 150,000 Options for issuance each year to Pineapple Express and/or its officers for so long as they have consulting agreements with Namaste.
  • Namaste and Pineapple Express will jointly hold the exclusive rights to Pineapple Express’ software and technology in North America. Namaste will solely hold the exclusive worldwide rights outside of North America to use Pineapple Express’ software and have a right to sublicense.

Management Commentary

Randy Rolph, President and CEO of Pineapple Express: “we are excited by the prospect of partnering with Namaste, as I see this as an excellent fit for both companies. Namaste has built an excellent reputation within the medicinal cannabis industry and has focused on expanding its services so that its customers benefit from a wider array of product offerings. As an extension of these efforts, we believe that our company can ensure their customers get a secure delivery of these products within a very quick turnaround from time of order. Through other businesses, we have successfully offered fast product delivery options for over 10 years across Canada, including same day as well as deliveries in less than one hour. We are familiar with the issues and most importantly the solutions to bring similar levels of service to the medicinal cannabis industry. Customer service has always been our main focus and what has driven the success of our business. We look forward to offering this same level of service to all customers.”

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to have signed this LOI to acquire shares of an amazing company offering a unique service with a proven record of success. As the cannabis market continues to grow, so too has the competitiveness among our industry peers looking to expand their market share. We believe that our ability to offer same-day delivery service for medical cannabis will provide a competitive edge to the Company in terms of offering an incredible buying experience for our patients. Namaste’s mandate from the outset has been focused on providing patients with unparalleled customer service. This transaction reaffirms our team’s ability to identify shortcomings within the cannabis industry, seek viable solutions, and then explore opportunities that aim to further enhance our patient’s experience. We believe this transaction will not only help Namaste attract new patients, but more importantly, it will help us retain patients who see value in the services we provide. We look forward to working with Pineapple Express’ management team and to grow its business and expand internationally. We are very grateful for this opportunity and look forward to cultivating a strong partnership together.”

About Pineapple Express Delivery Inc.

Pineapple Express’ management team has over 10 years of experience offering same-day 60-minute delivery services in multiple industries across Canada, and has successfully integrated with Ample Organics Inc., Canada’s leading seed-to-sale medical cannabis software platform. Pineapple Express offers a personalized experience for its customers and has established in depth security and delivery protocols to facilitate same-day delivery of medical cannabis across the country. Pineapple Express is dedicated to providing patients with a fully integrated, simple to use, same-day delivery platform which it believes brings great value to medical patients across the country. For more information visit: www.pineappleexpressdelivery.ca

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis sales license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

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. The Canadian Securities Exchange has neither reviewed nor approved the contents of this press release.

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Posted in All Recent Posts, Featured, Namaste Technologies Inc. | Comments Off on Namaste $N.ca Signs Non-Binding LOI to Acquire Up to 25% Equity in Leading Same-Day Cannabis Delivery Service Pineapple Express Delivery Inc $ACB.ca $HIP.ca $WEED.ca $CMED.ca

FEATURE: betterU Education $BTRU.ca – The Only Education Marketplace In India Serving 1.3 Billion Potential Customers $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 1:59 PM on Tuesday, April 24th, 2018

BTRU: TSX-V

CONNECTING GLOBAL EDUCATION WITH THE INDIAN MARKETPLACE

HIGHLIGHTS

  • The ONLY Global Education Marketplace Serving India
  • Launched full-scale mass marketing print campaign through Hindustan Times, Hindustan and The Mint last week across India (Check it out)
  • Signed Definitive Agreement With Swift e-Learning Services to Launch e-Template Marketplace to Support India’s Content Development Requirements
  • Launching Education Blockchain Ecosystem Project Read More
  • Executes on Definitive Agreement With One of India’s Largest Media Conglomerates (HT Overseas Pte. Ltd.) for a $10 Million Media Investment (completed first tranche of $1.25M) Read More
  • betterU Partners With Adobe to Deliver Leading Digital Experience Programs in India
  • Executed MOU with the Telecom Sector Skill Council to jointly support both organizations’ efforts towards the skilling of millions of professionals across India’s Telecom sector Read More
  • Capitalizing On Mobile Payments Structure Others Unable To Provide
  • Unique Ability To Collect From 200 Different Payment Methods in India
  • BetterU Receives 20 – 50% Of All Revenues Generated

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Posted in AGORACOM Client Feature, All Recent Posts, betterU Education Corp | Comments Off on FEATURE: betterU Education $BTRU.ca – The Only Education Marketplace In India Serving 1.3 Billion Potential Customers $ARCL $BPI $FC.ca

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