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Esports Entertainment Group $GMBL Opens European Offices, Appoints Vice-President of Accounting and Hires Development Team #Esports $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 9:00 AM on Thursday, December 21st, 2017

Esports large

  • Announced the opening of our European offices in Warsaw Poland, the appointment of the Company’s Vice-President of Accounting and the hiring of key software development personnel
  • Warsaw was chosen due to its strategic location within the European Union, as well as, access to a highly educated and multi-lingual workforce, especially in the fields of finance and technology

ST. MARY’S, Antigua, Dec. 21, 2017 — 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 opening of our European offices in Warsaw Poland, the appointment of the Company’s Vice-President of Accounting and the hiring of key software development personnel.

Warsaw was chosen due to its strategic location within the European Union, as well as, access to a highly educated and multi-lingual workforce, especially in the fields of finance and technology. The Warsaw office launch includes three (3) developers and will serve as the software development centre of the Company, with additional personnel expected to be added through 2018 as the Company ramps up development of its tournament play software platform.

MICHAL KOZLOWSKI – NEW VICE-PRESIDENT OF ACCOUNTING

Esports Entertainment Group is very pleased to announce the appointment of Michal Kozlowski, MBA, FCCA (ACCA), as the Company’s Vice-President of Accounting. Michal began his distinguished career at both Deloitte and Pricewaterhouse Coopers as an auditor, then rose through the ranks with positions at GMAC Bank (Board Member and Operations Director), Bank Zachodni (CFO) and a Task Force Member of ACCA, the advisory-consulting Group for the Polish Ministry of Finance responsible for opinions on legislation regarding IFRS, derivatives and risk management. He is currently a Director of BT&A and Vice-President of the ACCA Poland Council. Amongst his many other designations, Michal received his MBA from London Business School.

Grant Johnson, CEO of Esports Entertainment Group, stated, “Esports Entertainment Group is on the verge of becoming a meaningful long-term player within the hyper growth Esports industry. We can’t accomplish this goal without both a great software development and finance team. Today’s announcement demonstrates to our shareholders, partners and the industry that we are well on our way to building a first-class organization. As we set to launch the safest and most secure Esports betting platform on the planet, this group of seasoned professionals and future anticipated additions of the same calibre, will play an important role in executing our strategic plan.”

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

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, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com
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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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Why Aren’t Companies Like #Facebook, #Amazon, And #Google Doing More With Blockchain Technology? $FB $AMZN $GOOG $IDK.ca #Blockstation

Posted by AGORACOM-JC at 11:57 AM on Wednesday, December 20th, 2017
Quora , Contributor Opinions expressed by Forbes Contributors are their own.
  • “Yes, I could absolutely imagine a decentralized Amazon,” Lubin replied. “We’ve seen the pieces. They’re not all connected to one another. They’re not all but out or remotely mature, but I could imagine an open platform of many different actors with different roles.”

(Photo by Dan Kitwood/Getty Images)

If blockchain was truly revolutionary, why wouldn’t top tech firms like Facebook, Amazon, Google, and Apple be doing more with it? originally appeared on Quora – the place to gain and share knowledge, empowering people to learn from others and better understand the world.

Answer by Gaurav Mokhasi, Tech Product Management at Visa, on Quora:

This is a quasi-acid test that blockchain fails, at least so far.

At the NASSCOM Product Conclave in Bangalore recently, Future Group CEO Kishore Biyani was asked what the one thing is that keeps him up at night. He responded that it was “the fear of missing a trend.” I suspect the leadership at great technology companies are similarly vigilant; the last thing they want is some new kid on the block disrupting their business models.

In the last 20 years, it’s hard to think of a single revolutionary technology that Amazon, Google, Apple, or Facebook did not experiment with. Cloud technology, artificial intelligence, big data, voice assistants, augmented reality, self driving cars, machine/deep learning … all of these have been embraced (even pioneered) by these companies. But when it comes to blockchain, these firms don’t seem fazed by (or bothered with) it.

I don’t buy the argument that blockchain is just not relevant to these firms, because it’s not difficult to imagine scenarios where it could affect these companies. This article cites a few examples.

“Yes, I could absolutely imagine a decentralized Amazon,” Lubin replied. “We’ve seen the pieces. They’re not all connected to one another. They’re not all but out or remotely mature, but I could imagine an open platform of many different actors with different roles.”

The same could be done with Facebook, said Lubin, who is also founder of ConsenSys, a Brooklyn-based studio that develops Ethereum-based projects. “We could stand up a decentralized platform that offers same services.”

The silence of these companies with respect to blockchain is therefore conspicuous for sure.

The esoteric nature of cryptocurrencies and blockchain technology makes it difficult for regular people to separate the wheat from the chaff. However, Google, Apple, Amazon and Facebook have consistently attracted the best engineering talent and researchers from the top universities in the world. These folks understand Computer Science better than most, and if blockchain did in fact have the technical merits that people claim it does, it’s unlikely that the technologists at these companies would seemingly care so little about it.

If you look back at the last five years, you can classify most people promulgating the values of blockchain technology into two buckets:

  1. People with vested interests — those who are running or are invested in related startups, offering ICOs, etc… This group is typically experimenting with public blockchains.
  2. Big financial institutions — theirs was an understandable reactionary measure to check whether their business was under threat, and to ensure that they don’t look like luddites. This group championed something called private or federated blockchains.

If you look closely at what private blockchains are, it’s not apparent what’s technically novel about them. Princeton University’s Professor Arvind Narayanan, who offers what is perhaps the only reliable MOOC in this space, published a blog post that goes as far as saying that “Private blockchain” is just a confusing name for a shared database.

Even the decentralization promised by public blockchains, while utopian in theory, is not without its fair share of problems. Firstly, there’s the issue of performance. Bitcoin, which uses blockchain in its pure form, has an abysmal throughput of 3–7 transactions per second. Compare this to a traditional system like Visa which can easily process over 25000 transactions per second [1]. Secondly, blockchain is still a solution in search of a problem. It doesn’t have a single application so far that’s either gone past the proof-of-concept phase or where it’s been definitively proven that the proposed blockchain-based solution performs better than the incumbent technology.

Therefore, given that companies like Facebook, Amazon, Google and Apple are not doing much with blockchain, even in the face of ever-increasing frenzy surrounding this technology, one could not be blamed for doubting blockchain’s potential as a game-changing paradigm.

Disclaimer: I make the statements above in a personal capacity. They should not be seen as a reflection of my employer’s view on the topic.

Source: https://www.forbes.com/sites/quora/2017/12/20/why-arent-companies-like-facebook-amazon-and-google-doing-more-with-blockchain-technology/#60370dce3d91

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#Artificialintelligence isn’t just going to transform your business — it’s going to change technology itself $IDK.ca #ThreeD $YEXT $MU

Posted by AGORACOM-JC at 9:03 AM on Wednesday, December 20th, 2017

  • The fact is: AI will not only transform your entire business — whether you are in healthcare, finance, retail, or manufacturing — but it will also transform technology itself
  • Essential task of information technology (IT) — and how we measure its value — has reached an inflection point

Bob Picciano, senior vice president, IBM Cognitive Systems

Open any business publication or digital journal today, and you will read about the promise of AI, known as artificial or augmented intelligence, and how it will transform your business. The fact is: AI will not only transform your entire business — whether you are in healthcare, finance, retail, or manufacturing — but it will also transform technology itself.

The essential task of information technology (IT) — and how we measure its value — has reached an inflection point.

It’s no longer just about process automation and codifying business logic. Instead, insight is the new currency. The speed with which we can scale that insight and the knowledge it brings is the basis for value creation and the key to competitive advantage.

This trend is fueling a surging interest in deep learning and AI, or, as IBM calls it, cognitive computing. According to IDC, global spending on AI-related hardware and software is expected to exceed $57.6 billion in 2021, almost a five-fold increase over the $12 billion that will be spent this year.

The real promise of AI is to unleash actionable insights that would otherwise be trapped in massive amounts of data. Much of that data is unstructured data — or the data generated by such things as written reports and journals, videos, social media posts, or even spoken words.

Since we introduced IBM Watson, and our powerful AI cloud platform, we’ve continued on our journey to reinvent computing for this new era. And we’ve learned that to meet the new demands of cognitive workloads, we need to change everything: from the algorithms and mathematics that are the foundations of the software, to the hardware that drives it, and to the cloud that deploys it.

Organizations that apply deep learning and AI, which are the superchargers for extracting insight, need the right architecture to ingest and analyze very large data sets. And you need to be able to do it at lightning-fast speeds, or faster than your competitors.

IBM is unveiling new systems built from the ground up to meet the unique demands of the AI era. They are POWER9, the first processor designed specifically for AI, as well as the next-generation POWER9-based IBM Power System AC922. These new Power Systems are powerful in their own right, but also are designed to exploit specialized silicon, such as graphical processing units (GPUs), which accelerate the type of math and information processing to power new cognitive algorithms.

The result is an AI superhighway for insights that can drive transformational outcomes for clients in every industry.

A case in point: the US Department of Energy (DOE) Summit and Sierra supercomputers which are soon to be among the most powerful supercomputers in the world and are equipped with POWER9 processors and our partner NVIDIA’s newest Volta-based Tesla GPUs. The DOE’s goal is to create the world’s fastest supercomputer at 200 Petaflops — giving it the ability to do 2 billion calculations, 1 million times, every second. That’s an enormous amount of computing power directed at solving the world’s most complex problems.

Google also is tapping into the latest POWER technology to allow for further opportunities for innovation in its datacenters.

IBM continues to pioneer new advances in silicon, hardware, and software as well as an open ecosystem, which we view as “innovation protection” to ensure that innovations are quickly brought to market to meet clients’ dynamic infrastructure needs.

We also believe in taking an integrated approach to cognitive infrastructure — with both software and hardware that are optimized to work together, while tapping into IBM research innovations such as distributed deep learning on PowerAI.

The real promise of AI is to fundamentally transform industries and professions. The goal is to enable a new understanding of customers and markets, risks and opportunities, and opening new frontiers in innovation for organizations and society.

This post is sponsor content from IBM and was created by IBM and BI Studios.

Source: http://www.businessinsider.com/sc/ibm-watson-artificial-intelligence-business-2017-12

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World Health Group: Pot’s #CBD Has Health Benefits #Marijuana $MCOA $N.ca $TBP.ca $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 4:25 PM on Tuesday, December 19th, 2017
  • Compound found in the cannabis plant is not harmful, has health benefits, and does not have abuse potential, experts at the World Health Organization say.
  • WHO’s Expert Committee on Drug Dependence focused on cannabidiol, or CBD, one of the naturally occurring cannabinoids found in cannabis plants

After reviewing evidence from animal and human studies, the committee concludes that “In humans, CBD exhibits no effects indicative of any abuse or dependence potential.”

Slideshow: Medical Marijuana

1/10

What Is Medical Marijuana?

Medical marijuana is any part of the marijuana plant that you use to treat health problems. People use it to get relief from their symptoms, not to try to get high.

Most marijuana that’s sold legally as medicine has the same ingredients as the kind that people use for pleasure. But some medical marijuana is specially grown to have less of the chemicals that cause feelings of euphoria.

The experts also say that CBD might be able to treat epilepsy (where most research has focused), although results are mixed. Other conditions it might treat are Alzheimer’s disease, Parkinson’s, anxiety, depression, and other maladies. CBD may ease inflammation, provide antioxidants, and relieve pain.

Based on its research, the committee concluded that current information does not call for scheduling of the drug. In the U.S., CBD is a Schedule 1 controlled substance. These are defined as drugs with no medical use and likely to be abused.

Twenty-nine states and Washington, D.C., have legalized the use of marijuana for recreational or medicinal purposes. Other states, including Georgia, have legalized the possession of CBD to treat specific disorders.

It remains a federal crime, however, to have or sell any form of marijuana, including CBD. Despite those federal regulations, CBD is an ingredient in popular products sold over the counter as oils, extracts, supplements, and gum to treat many ailments.

CBD usually is given as a capsule or dissolved in liquid to be taken orally, under the tongue, or as a nasal spray. CBD does not produce the high that another cannabinoid — tetrahydrocannabinol (THC) — does, experts say. In fact, CBD appears to have effects opposite of THC.

The WHO announcement drew a positive response from marijuana advocates and criticism from those who don’t want it to be legal.

The experts produced the report in November, while the WHO announced its conclusions this week. In May, the committee will study cannabis and cannabis-related substances more fully.

Other major studies have shown marijuana and its products can relieve pain, nausea related to cancer treatment, and multiple sclerosis-related muscle spasms. But using cannabis has well-known short-term and long-term health effects, such as learning and coordination problems.

Because federal law makes it a crime to have marijuana and CBD, researchers must pass strict government scrutiny just to study its usefulness.

DEA View of CBD

The conclusion of the WHO flies in the face of the view of the U.S. Drug Enforcement Administration (DEA). It says that CBD must be treated the same as THC and other cannabinoids from a cannabis plant, and it should remain a Schedule I drug.

NORML Response

Marijuana advocates applauded the WHO’s conclusion. “It was terrific to see WHO acknowledge what other scientific research has already stated,” says Justin Strekal, political director of the National Organization for the Reform of Marijuana Laws (NORML).

In an email statement, he adds: “While we are pleased to see the WHO finally acknowledge that absurdity of international restrictions, the continued domestic classification and criminalization of cannabidiol as a Schedule I controlled substance is out of step with both available science and common sense. It is yet another example of the U.S. government placing ideology over evidence when it comes to issues related to the cannabis plant.”

CALM Response

Scott Chipman, Southern California chairman of Citizens Against Legalizing Marijuana (CALM), took issue with the report.

“We need to maintain a strict scientific perspective and protocols when it comes to new drugs,” he says. “We need double-blind studies related to marijuana and all components, research on the harms versus the benefits, identification of the side effects and specific ailments identified through these studies — even for CBD,” he says.

He says some ongoing drug studies of CBD do show promise in treating seizure disorders, but he also sees potential problems with the drugs, along with concerns about contamination and other potential harms with over-the-counter products.

Source: https://www.webmd.com/a-to-z-guides/news/20171215/world-health-group-pots-cbd-has-health-benefits

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INTERVIEW: HPQ Silicon $HPQ.ca Discusses International Development Agreement With Solar Silicon Specialist Apollon Solar $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 4:03 PM on Tuesday, December 19th, 2017

Hpq large

HPQ Silicon provided its shareholders with an early Christmas present this year when it announced a major partnership with Apollon Solar, private French company that has become one of the world’s leaders in renewable energies. More than just lip service, the following indicates that HPQ has obtained a world-class solar partner:

” [Apollon Solar] Has obtained, with the ANU (Australian National University) and independently confirmed by Fraunhofer ISE, a world record conversion efficiency of 21.1% with monocrystalline ingots, for a solar cell made with “SoG Si UMG”.

The importance of this partnership can not be overstated and can be summarized in two important points:

1. Validation – Prior to entering into this partnership, Apollon Apollon completed a technological audit of HPQ’s PUREVAP™ process and determined that success at the scaling up stage will lead to the production of solar quality silicon at a significantly lower cost compared to current market competitors.

2. Development – As if HPQ Silicon didn’t already have a powerhouse partner in Pyrogenesis Canada, Apollon’s abilities will be added to the team for the purposes of carrying HPQ Silicon all the way to the production of high performance multi-crystalline and monocrystalline solar cells.

The combination sets up HPQ for an exciting 2018 – and after going into a self-imposed “communications blackout” for reasons that have now become happily apparent, nobody wants to talk about this more than HPQ CEO, Bernard Tourillon.

Watch and learn about the company most likely to become a market darling in 2018.

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Investors are gearing up to bet big on #Esports – here are the top stocks, companies & opportunities $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 10:10 AM on Tuesday, December 19th, 2017

  • Increasing number of traditional media companies want to capitalize on the growing industry of eSports
  • Currently, there are approximately 300 million people worldwide tuned in on eSports. It is projected that by 2020, the number of viewers will be closer to 500 million

FILE PHOTO: The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los AngelesThomson Reuters

An increasing number of traditional media companies want to capitalize on the growing industry of eSports.

Currently, there are approximately 300 million people worldwide tuned in on eSports. It is projected that by 2020, the number of viewers will be closer to 500 million.

Recently, shares of video game manufacturers have lifted to all-time highs thanks to a new generation of consoles, the promise of VR gaming, and the adaptation of many titles in professional gaming that attract revenue, as well as paying spectators at tournaments and competitions.

eSports Stocks to Invest In

Activision Blizzard, Inc. (ATVI)

Activision reported a rise in revenue from its high-margin digital business to $1.35 billion (about 84% of its total revenue of $2 billion, which was just shy of their projection of 2.01 billion). Results in the reported quarter were driven by the popularity of the company’s sci-fi first-person shooter game Destiny 2. The console version of Destiny 2, which was released September 6, was recognized as the best-selling console game of 2017 in the United States to date despite less than a month of sales, according to research firm NPD Group.

Electronic Arts Inc. (EA)

As a result of their efforts to shift players toward mobile and digital, EA’s digital sales rose 23% and accounted for 61% of overall revenue. The future of EA is looking promising since digital games have lower fixed costs and sustained future profits.

Sales rose 21.7% to $689 million in the second quarter ending September 30 as more gamers bought their titles online instead of purchasing physical copies from retail stores. EA’s net loss narrowed to $22 million form $38 million and revenue rose 7% thanks to its latest editions of Madden NFL and FIFA. Investors have bid up EA shares by 50% since the start of this year.

EA had some recent negative publicity regarding its release of Star Wars Battlefront II and the microtranscations involved. Many of the more famous playable Star Wars characters (such as Luke Skywalker, Darth Vader, and Princess Leia) were unavailable to play from the start and required in-game credits to unlock. Some Reddit users did the math and determined it would take dozens of hours of play to acquire the necessary credits; however, players could also pay real money for randomized, virtual “loot crates” that contain the currency used to unlock these characters.

The problem worsened when EA responded on Reddit to the outcry by saying “The intent is to provide players with a sense of pride and accomplishment for unlocking different heroes.” The response received more than 670,000 downvotes, the most in the history of Reddit by a wide margin.

EA deactivated micro-transactions entirely on the day before the game’s release but said it planned to reintroduce them later after making some changes. The company’s share price dropped 2.5% on launch day, and Wall Street analysts lowered their expectations for the stock. By the end of November, EA had lost $3 billion in stock value since the launch.

Despite this, Battlefront II was still the second best-selling game in November (the biggest month for game sales all year) behind only the juggernaut Call of Duty: WWII.

Take-Two Interactive Software, Inc. (TTWO)

Raising their full-year adjusted revenue forecast in its second-quarter, Take-Two is in a “sweet spot” for game releases, according to Goldman Sachs. It has been noted that their investment in new content like Grand Theft Auto and its efforts to monetize existing content, as well as the new release of NBA 2K18, have contributed to the increase in revenue. With only one month of sales, NBA 2K18 has become the best-selling sports game this year. Take-Two is also bringing existing titles to new devices such as the Nintendo Switch, which has sold 50 million units so far.

Companies Investing in eSports

YouTube has made the biggest investment into eSports to date, signing a multi-year broadcasting deal with Faceit to stream its eSports Championship Series (ECS) pro gaming league. Faceit is an eSports platform where consumers and eSports enterprises can organize competitions online. It also is involved on the production side of eSports events.

In 2014, Amazon was acquired by Twitch, the live streaming video platform that has been and continues to be the leader in online gaming broadcasts.

Other big companies such as Microsoft, Activision Publishing, and Capcom have been investing in growing the console market with games such as Halo 5, Call of Duty: Black Ops, and Street Fighter IV. The eSports market is continuing to open up to a broader audience with companies such as Super Evil Megacorp and Blizzard Entertainment who have introduced eSports to mobile gamers through Vainglory and Hearthstone.

Even brands such as Coca-Cola, Red Bull, Pizza Hut, and American Express have explored professional video gaming. Coca-Cola was one of the first of the nonendemic brands to jump into the industry.

Business Opportunities in eSports

Investment in the industry is largely driven by partnerships with other sports properties and leagues. Teams like the Miami Heat, Manchester City, West Ham, and the Philadelphia 76ers are investing in players and teams in the eSports space. It gives opportunities for more growth and fan base development while also creating new and appealing assets to sell to current and future corporate partners.

Big opportunities to build new fan bases and engage with the rapid growing audience of eSports opens doors for marketers to gain assets such as naming rights, branded content, experimental activation, or jersey branding.

Twitch and YouTube only add value to the industry as more stakeholders and events emerge, thus making broadcasting and streaming tournaments and competitions all the more in demand in this growing industry.

At the current rate of growth of engagement and number of leagues competing, event production has become essential to meet the demands of spectators as well as leagues themselves. These events provide not only an opportunity for leagues to participate for prize money, but also for businesses to directly advertise and sell products to engaged customers.

More to Learn

The market for eSports continues to grow, and it’s showing no signs of slowing down in the coming years. That’s why BI Intelligence, Business Insider’s premium research service, has put together a comprehensive guide on the future of professional gaming called The eSports Ecosystem.

Source: http://www.businessinsider.com/invest-esports-stocks-companies-business-opportunities-2017-12

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ThreeD Capital Inc. $IDK.ca Initiates Discussions with #Cryptomining Companies $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:18 AM on Tuesday, December 19th, 2017

Threed capital

  • As previously announced on October 26, 2017, the Company incorporated a wholly-owned subsidiary Blockamoto.io Corp., to build a diverse portfolio of global Blockchain assets
  • Company will provide further updates as these partnerships and investments crystalize

TORONTO, Dec. 19, 2017 – ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) is a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors.

As previously announced on October 26, 2017, the Company incorporated a wholly-owned subsidiary Blockamoto.io Corp., to build a diverse portfolio of global Blockchain assets.  Blockamoto.io Corp wishes to disclose that it is in the midst of negotiating partnerships and investments in cryptomining companies in both North America and Europe.

The Company will provide further updates as these partnerships and investments crystalize.

About Blockamoto.io

The name Blockamoto.io pays homage to the name behind the person who designed bitcoin and the first blockchain database, Satoshi Nakamoto.  Blockamoto.io is an early stage investor platform that supports companies who use blockchain to enhance the value of new and existing ventures.  We look at disintermediate blockchain paradigms for deployment and distribution of relevant tokenization across a full spectrum of verticals.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors.

ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s network in order to earn increases to the Company’s equity stake.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-606-7655

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FEATURE: $AAO.ca Xylem’s Premium Takeover of Pure a Benefit to AAO Investors

Posted by AGORACOM at 3:17 PM on Monday, December 18th, 2017

 

Companies that develop patented technologies for inspection, monitoring and management of critical infrastructure are being acquired to meet growth demands of larger corporations.

  • Pure has received a 102% premium to market
  • Xylem quick to recognize growth potential and present value of Pure technology & assets
  • Augusta is a peer of Pure and provides similar infrastructure services in Oil Industry

Pure Technologies to be acquired by Xylem

Pure’s business model incorporates four distinct business streams coincident with Augusta

  • Premium technical services including pipeline inspection, leak detection and condition assessment
  • Specialized engineering services in areas related to asset management, primarily in the area of pipeline condition assessment
  • Sales of proprietary monitoring technologies for pipelines
  • Recurring revenue from data analysis, site maintenance, and from technology licensing.

Augusta Industries

FOX-TEK – Focused on the oil & gas sector with non- intrusive pipeline technology ( fiber optic sensors ) that accurately measure changes that could negatively impact clients’ operations.

3 Technologies Integral to Fox-Tek Operations:

  • EFM for Corrosion Monitoring
  • FBG for Cracking Stress Monitoring
  • Leak Detection Monitoring

Marcon International – an industrial supply contractor servicing the energy sector and a number of US Government entities, clients that include government departments and global energy companies

  • US DHS
  • US DOE
  • US Air Force / Navy
  • NASA
  • Qatari Gas

AUGUSTA 2017 HIGHLIGHTS:

  • Augusta revenues for 2016 / $4.6M
  • Augusta market cap is 6.4$ as of December 14th, 2017
  • The proposed Spin-Off of FOX-TEK is expected to return up to $25,000,000 of stock to existing shareholders of Augusta.
  • Though terms of the Spin-Off are yet to be finalized, the proposed $2.5:$1 benefit to shareholders is now one step closer with the announcement of the Lock-Up Agreement & NCIB

 

For more information about Augusta:  watch this interview with Allen Lone on AGORACOM.

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$SX.ca St-Georges Announces Kings Of The North Entered Into Option To Acquire Winterhouse Project And Arranged $2,000,000 Debenture Offering

Posted by AGORACOM at 12:59 PM on Monday, December 18th, 2017

  • Wholly owned subsidiary entered into an option agreement to acquire a 100% of the Winter House project.
  • On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%

 

St-Georges Platinum & Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that its wholly owned subsidiary, Kings of the North Corp., entered into an option agreement to acquire a 100% interest in the Winter House project.

King of the North Corp also announces that it has arranged a non-brokered private placement offering (the “Offering”) of unsecured debentures (the “Debentures”) for aggregate maximum gross proceeds of $2,000,000, to be used for working capital and general corporate purposes. The Debentures will have an 18-month maturity date and pay interest at the rate of 10% per annum, calculated quarterly in arrears. Upon the occurrence of a liquidity event in Kings of the North Corp. (a “Liquidity Event”) before the Maturity Date, the Debentures’ aggregate principal amount plus accrued and unpaid interest may be converted at the holder’s option into common shares of Kings of the North Corp. (each a “KOTN Share”) at a deemed conversion price equal to 25% of the liquidity event pricing, subject to a minimum initial issuance of $0.20 per Share and regulatory approval.

Winter House Option

In consideration for the 100% interest in the Property, KOTN will issue an aggregate of 6,000,000 Shares, assume $140,000 in current and on-going exploration expenses and grant a 3.5% net smelter return royalty on the Property.

On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%.

About the Winter House Project

The Winter House Project consists of 63 map-designated cells covering a surface area of 3,290 hectares (approximately 33 sq. km) and is located approximately 95 kilometres west of the town of Fermont, on the Quebec North Shore.

The Winter House project is part of the Superior geological province and is mainly composed of volcano-sedimentary rock assemblages of the Courcy and Soulard formations in contact with tonalites of the eastern Opatica Subprovince. Winter House is adjacent to the eastern border of Stelmine Canada’s Courcy project, which exposed gold mineralized zones, grading up to 24.8 g/t Au in grab samples (see Stelmine Canada PR dated October 17 of 2017) and up to 167 g/t Au over 0.5 metres in channel samples and up to 4.27 g/t Au over 42 m, including 12.15 g/t Au over 13.5 m in drill samples (Source SIGEOM: GM61872 and GM 62834).

Based on historical work, the Winter House project shows strong electromagnetic anomalies detected by a MAG-AeroTEM (magnetics and electromagnetics) airborne geophysical survey performed in 2008. These anomalies extend over a few kilometres and could represent potential targets for gold. During the summer of 2017, a follow-up reconnaissance program on the ground allowed the vendors to collect a total of 123 bedrock (surface) grab samples on these geophysical anomalies. These samples have been submitted for analyses for gold and a package of multi-elements. The results from these analyses are pending and will be released as soon as all results are received and compiled.

Related Party Transaction

A portion of the Option constitutes a “related party transaction” as set out in Multilateral Instrument 61-101, Protection of Minority Shareholders in Special Transactions (“MI 61-101”), as Francois (Frank) Dumas and Neha Edah Tally, both officers of St-Georges, will be issued under the Option respectively 1,280,000 and 120,000 Shares. The transaction is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 as neither the fair market value of any securities issued to or the consideration paid by such persons exceeds 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the closing of the Option as it wished to close on an expedited basis for sound business reasons.

Alain Berclaz, P.Geo, a consultant to St-Georges and a Qualified Person under the definition of Canadian National Instrument 43-101, has approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings”

MARK BILLINGS, PRESIDENT & CEO OF KINGS OF THE NORTH, CHAIRMAN AND DIRECTOR OF ST-GEORGES PLATINUM LTD.

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

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$EXS.ca Explor Increases Ogden Property $EXN.ca $HBE.ca $OSK.ca

Posted by AGORACOM at 4:20 PM on Thursday, December 14th, 2017

  • Claims acquired because of encouraging results obtained in Explor’s past exploration on this property.
  • Ogden property now consists of 23 mining claims  and 7 patented mining claims covering 2,006 hectares
  • Property obtained to pursue depths between 300 & 600 meters

 

Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of two (2) mining claims (3 units) situated in the Ogden Township, in the Porcupine Mining Division, District of Cochrane, Province of Ontario for a total of 48.56 hectares. These claims are located in Ogden Township contiguous and to the east of the Timmins Porcupine West Gold Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins. The claims were acquired because of encouraging results obtained in Explor’s past exploration on this property.

Explor Resources Inc. will pay CDN $2,000 and issue 100,000 common shares to acquire a 100% interest in the additional Ogden mining claims. The Optionors have retained a 2% NSR in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

With this acquisition, the Ogden property now consists of 23 mining claims (118 mineral claim units) and 7 patented mining claims covering 2,006.56 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden and Price Townships, Ontario. The Ogden property has been previously explored by Hollinger Mines, Tex-Sol Exploration, Inmet Mining Corporation, Amax Mineral Exploration, Noranda Exploration and Knick Exploration. The majority of the holes drilled by previous operators were less than 100 meters in length. Historically on the Ogden Property, the only hole that hit significant mineralization was a diamond drill hole by Tex-Sol Exploration in 1965 which returned 6.0 g/t Au over 9.1 m at a shallow depth. On the TPW Gold Property significant mineralization was intersected below 300 meters of vertical depth requiring drill holes of 500 to 600 m in length.

The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. The deposits appear to be also associated with splay faults that trend off and to the North of the Porcupine Destor fault inside an interpreted splay fault corridor.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:

  •  Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
  •  Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

  •  Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
  •  Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Christian Dupont, President
Tel: 888-997-4630 or 819-797-4630
819-797-1870
Website: www.explorresources.com
Email: [email protected]

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