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#Mhealth Market is Expected to Expand at a CAGR of 22.1% – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 2:13 PM on Monday, December 23rd, 2019

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Market is Expected to Expand at a CAGR of 22.1% During 2017 to 2025

  • According to experts from TMR, the global mHelath market stood at US$23.9 bn in 2017
  • This revenue is expected to gain an impressive value of US$118.4bn by the end of 2025
  • Experts project this growth to occur with a meteoric CAGR of 22.1% during the forecast period from 2017 to 2025

Reita Cabrera

The global mHelath market bears a highly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small-scale players in the market. Withings, FitBit, Apple Inc., Jawbone, and Dexcom are the dominant players working in the global mHelath market.

Out of the various strategic alliances adopted by players in the global mHelath market to hold a sizeable stakes, capitalizing on the emerging opportunities and acquiring latest technologies and tools has gained maximum popularity. The level of competition among leading vendors is getting escalated with rising use of technologies and smart devices such as wearables. The global mHelath market is expected to grow steadily due to the presence of highly established players who are concentrating on improving their product quality, facilitating product differentiation, and enhancing geographical reach. These companies are also attempting to introduce advanced and new products into the industry on a daily basis.

According to experts from TMR, the global mHelath market stood at US$23.9 bn in 2017. This revenue is expected to gain an impressive value of US$118.4bn by the end of 2025. Experts project this growth to occur with a meteoric CAGR of 22.1% during the forecast period from 2017 to 2025.

Among various products in the global mHelath market, connected medical devices hold substantial share, which is expected to boost the global mHelath market during the forecast period. This is because of rising focus towards fitness and increasing use of heart rate monitors among people.  Region wise, North America is expected to lead the global mHelath market in the coming years. This is attributed to a strong technological infrastructure along with high healthcare expenditure in the region.

Integration of Wireless Technologies to Fuel mHealth Market’s Growth

Health-related technologies and mobile applications are often known as mHealth, which helps in managing patients’ experiences. Such health mobile technologies and apps utilize advanced data analytics to help medical professionals in providing their patients best care at low cost. These health mobile applications facilitate easy and better health management through simple apps such as diet, exercise trackers, and calorie-counting. Such USPs are driving the global mHelath market. Along with this, rising penetration of internet connections and smartphones, and rapid technological advancements in healthcare industry are the factors majorly fueling growth in the global mHelath market.

Furthermore, mHelath ensures continuous communication between medical professionals and patients, thereby allow physicians to monitor, and diagnose patients without seeing them in person. Such benefits are also boosting the global mHelath market. Apart from these, rapid adoption of connected devices for monitoring various chronic diseases, and increasing demand for cost-effective medical services are also propelling expansion in the global mHelath market.

Low Physician Density May Hinder mHealth Market’s Growth

Growing reluctance of physicians to move over conventional methods, lack of regulations, concerns about data security, and low density of skilled professionals are some of the major challenges in the global mHealth market. Nonetheless, persistent demand and rising prevalence of   various lifestyle disorders is believed to help industry players overcome these challenges in the near future.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Source: http://newsdistribute.com/2019/12/23/mhealth-market-is-expected-to-expand-at-a-cagr-of-22-1-during-2017-to-2025/

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Spyder Cannabis $SPDR.ca Announces Corporate Update and Expansion Plan $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 10:47 AM on Monday, December 23rd, 2019
  • Spyder has two current Development Permits in Calgary, Alberta to build cannabis retail stores and has received the building permit for one of the two locations
  • The second building permit has been submitted and awaiting approval

Vaughan, Ontario–(December 23, 2019) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder Cannabis” or the “Company“), an established Canadian cannabis accessory and an alternative to smoking retailer, provides an update to the corporate business development. Founded in 2014 Spyder is an established chain of three high-end alternative to smoking stores and two cannabis accessory stores in Ontario, with locations in Woodbridge, Scarborough, Burlington, Niagara Falls and Pickering. The Spyder brand is defined by its high-quality proprietary line of e-juice, liquids and exclusive retail deals, dispensed in uniquely designed stores creating the optimal customer experience. Spyder is building off this leading retail, distribution and branding platform by pursuing expansion into the legal cannabis market.

Spyder has two current Development Permits in Calgary, Alberta to build cannabis retail stores and has received the building permit for one of the two locations. The second building permit has been submitted and awaiting approval.

Two weeks ago the government of Ontario announced it will abandon the current lottery system for cannabis retail and move towards an open licensing system beginning January 6, 2020. Store authorizations will be issued starting in April, at the rate of 20 per month. Spyder will be submitting applications on January 6, 2020 for some of the stores currently operating. These stores are already built out and Spyder does not expect major renovations will be required to conform to the Ontario specifications for licenced stores.

Spyder is currently pursuing other locations in Ontario for aggressive expansion of its scalable retail platform.

The Company’s common shares will resume trading on the TSXV at market open on December 24, 2019

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For more information, please contact:

Spyder Cannabis Inc.
Dan Pelchovitz
President & Chief Executive Officer
Contact: Investor Relations
Phone: 1-888-504-SPDR (1-888-504-7737)
Email: [email protected]

Cautionary 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.

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 Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the satisfaction of the closing conditions contemplated under the Agreement. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: the TSX Venture Exchange declining to accept the transaction, the landlord not consenting to the Lease Assignment, changes in tax laws, general economic and business conditions; and changes in the regulatory regulation. The Company cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/51039

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How #Edtech Has Evolved In 2010s – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:30 AM on Monday, December 23rd, 2019
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

How Education Technology Has Evolved In 2010s

  • EdTech (or Education Technology) industry in India, according to a KPMG report, was worth about $247million and could reach $1.96 billion by 2021.

New Delhi:

When Byju Raveendran set up his company, Think & Learn, in 2011, offering online lessons before launching his main app in 2015, he wouldn’t have imagined that the decade would end with him becoming a billionaire. Mr Byju, who developed an education app (Byju’s app ) that’s grown to a valuation of almost $6 billion in about seven years, joined the rarefied club after his company scored $150 million (roughly Rs. 1,000 crores) in funding in in July this year. That deal, according to Bloomberg, conferred a value of $5.7 billion (roughly Rs. 39,000 crores) on the company in which the founder owns more than 21 percent. 

The business signed up more than 35 million of whom about 2.4 million pay an annual fee of 10,000 to 12,000 rupees, helping it became profitable in the year ending March 2019. 

EdTech (or Education Technology) industry in India, according to a 2016 KPMG report, was worth about $247million and could reach $1.96 billion by 2021.

A survey done by Gradeup indicated that 70% of students would shift to online learning if given access to live online classes. Of these, over 80% cited ‘access to expert faculty’ as the primary reason. 

‘A decade ago, EdTech industry did not even exist’

Beas Dev Ralhan, Co-Founder and CEO, Next Edcuation India, says the industry is engaging latest technologies such as experiential learning tools, Artificial Intelligence (AI) and Gamification of Learning which are revolutionising the preparation strategies of students currently and will continue to do so.

Mr Ralhan says the educational landscape of India has been transformed by a series of developments in new-age pedagogies and their popularity is expected to continue in the coming years. 

“Conventional methods of education have mostly lost their appeal among students who are now exploring new strategies to learn and prepare for exams,” he added.  

The increased mobile penetration in the country especially in rural areas was a major breakthrough for the development of this industry.

“A decade ago, EdTech industry did not even exist. Getting accessible, affordable and a quality education for students preparing for competitive exams, especially, in Tier 2,3 cities was a big challenge. This was the opportunity that Ed-tech industry resolved to address. This also coincided with the increased mobile penetration in the country especially in rural areas,” says Shobhit Bhatnagar, CEO and Co-Founder, Gradeup. 

‘Interactive and result-oriented’

Once the issue of accessibility was solved, the startups, which boomed in last one decade, concentrated on the delivery side.

“The preparation had to be effective and result-oriented, for which, EdTech players introduced live online courses from some of India’s best teachers through their platform. Classes are interactive, engaging and allowed students the freedom and privacy to learn at their convenience from the best. With a structured methodology and day-wise study plan,” Mr Bhatnagar details how the industry evolved.

Shweta Sastri, Managing Director, Canadian International School, Bangalore, says the penetration of internet-based smartphones and gadgets is taking quality learning to students across geographies in India.

The teacher connect

According to Ms Sastri, by using the internet or software tools, students can create online groups that connect them in real time with students and teachers. 

“They can receive feedback from their teachers and share questions and concerns about their lessons. Hence teachers need to integrate technology seamlessly into the curriculum instead of viewing it as an add-on,” she adds.

“Technology has become a crucial aspect of enabling learning and empowering teachers with the usage of multiple tools to improve teaching methodology. With the use of technology, learning and teaching not only become more interactive and exciting, but also become personalized to suit the needs of every individual student,” she said.

Classroom experience

The smart boards are gradually replacing the black-boards in the classrooms wherein the teacher can bring the world inside a classroom, which broadens the horizons of teaching and learning, says Niru Agarwal, Trustee, Greenwood High International School.

“Through technology”, Ms Agarwal says “the teacher and students are always connected which enhances their preparation strategies. Media presentations are designed in a student-friendly manner, and which can also be shared easily. Calendar applications help in creating a schedule for the student, thereby making their goals achievable”. 

“Experiential learning tools are being implemented in India in the form of virtual labs and virtual and augmented reality tools. Virtual and augmented reality creates immersive, real-life experiences in the classroom through graphical simulations.  On the other hand, virtual labs help them conduct simulated experiments based on real-world phenomena via a computer interface,” says Mr Ralhan.

The outcome

According to Zishaan Hayath, CEO and Founder, Toppr , efficient use of tech in education has led to a reduction in the need for a human advisor, improving affordability for the student.

“There are about 350 million school-going students in India, one of the largest population in the world. Stronger implementation of AI and ML have helped bring out truly adaptive and personalized platforms addressing real learning needs. The main purpose of these assistive technologies is to provide a more accessible and on-demand experience for students that need immediate assistance with certain issues. Tech tools and software have also allowed to streamline the educational experience, improve accessibility and offer new resources to students,”  he adds.

However, psychologists and educationists are arguing the implementation of large scale technological solutions in school education needs detailed studies on how it’s affecting the cognitive abilities of a student in the era of “digital natives”.

“In the era of ‘digital natives’, the role of technology in teaching cannot be overlooked,” says Muhsina Lubaiba, a psychologist who works among school children. 

“As Prensky says,.. rapid dissemination of digital technology… changed the way students think and process information, making it difficult for them to excel academically using the outdated teaching methods of the day. In other words, children raised in a digital, media-saturated world, require a media-rich learning environment to hold their attention,” she quoted Marc Prensky, the writer of the book ‘Digital Natives, Digital Immigrants’.

She also said the quality and efficiency of the educational apps available today is debatable. 

“I’m of the opinion that, even if genuine and expert evaluated apps are used by children, it is by no means a substitute for the classroom teaching. The issue here is that the teachers need to be updated and should find ways to engage these digital natives using technology, but their role cannot be completely neglected,” she said.

Source: https://www.ndtv.com/education/how-education-technology-edtech-has-evolved-in-2010s-2152433

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$HPQ.ca Silicon Closes Non-Brokered Private Placement $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 8:36 AM on Monday, December 23rd, 2019
  • Closed a non-brokered private placement of 3,000,000 units at $0.07 per Unit for gross proceeds of $210,000
  • “Manufacturing Silicon (Si) samples for emerging Li-ion batteries opportunities identified during the latter part of 2019 required additional investments.  This financing gives us the flexibility needed to accelerate our battery related R&D efforts in early 2020,” said Bernard Tourillon, President & CEO of HPQ Silicon.

MONTREAL, Dec. 23, 2019 — HPQ Silicon Resources Inc.(“HPQ” - “The Company”) TSX-V: HPQ; FWB: UGE; Other OTC: URAGF; announces that it closed a non-brokered private placement of 3,000,000 units (“Unit”) at $0.07 per Unit for gross proceeds of $210,000.

“Manufacturing Silicon (Si) samples for emerging Li-ion batteries opportunities identified during the latter part of 2019 required additional investments.  This financing gives us the flexibility needed to accelerate our battery related R&D efforts in early 2020,” said Bernard Tourillon, President & CEO of HPQ Silicon.  â€œBeing able to attract this level of unsolicited investor interest, during the worst period of the year to raise hard cash funding, gives us great confidence about 2020 as we strive to deliver the critical Silicon material required by the surging Li-ion battery market in 2020 and beyond.”

Placement Terms:  Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company.  Each Warrant will entitle the Subscribers to purchase one common share of the capital stock of the Company at an exercise price of $ 0.10 for a period of 36 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement.  The Placement is subject to standard regulatory approvals.

In connection with the placement the Company will pay cash finder’s fee of $15,358 to StephenAvenue Securities Inc. (“StephenAvenue”) of Toronto, Ontario.  The Company will also issue 219,400 warrants to StephenAvenue.  Any share purchased through the exercise of the warrants has the mandatory four (4) month and one (1) day holding period from the date of closing of the placement and each warrant gives StephenAvenue the right to purchase one (1) common share at $0.10 for 36 months following the closing of the Placement. 

Mrs. Noëlle Drapeau, HPQ Corporate Secretary and a Director has subscribed for 100,000 Units.  Following the completion of the Private Placement, Mrs. Drapeau will beneficially own or exercise control or direction over, directly or indirectly, 1,778,416 Common Shares, representing approximately 0.77% of the issued and outstanding Common Shares of the Company.

The participation of Mrs. Drapeau in the Private Placement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and Policy 5.9 – Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Mrs. Drapeau does not exceed 25% of the Company’s market capitalization. The Board of directors of the Company has approved the Private Placement, including the participation of Mrs. Drapeau therein, with Mrs. Drapeau abstaining with respect to his participation.

About Silicon

Silicon (Si) is one of today’s strategic materials needed to fulfil the renewable energy revolution presently under way. Silicon does not exist in its pure state; it must be extracted from quartz, one of the most abundant minerals of the earth’s crust and other expensive raw materials in a carbothermic process.

About HPQ Silicon

HPQ Silicon Resources Inc. (TSX-V: HPQ) is developing, with PyroGenesis Canada Inc. (TSX-V: PYR), a high-tech company that designs, develops, manufactures and commercializes plasma base processes, the innovative PUREVAPTM “Quartz Reduction Reactors” (QRR), a truly 2.0 Carbothermic process (patent pending), which will permit the One Step transformation of Quartz (SiO2) into High Purity Silicon (Si) at prices that will propagate its considerable renewable energy potential.  The Gen3 PUREVAPTM QRR pilot plant that will validate the commercial potential of the process is scheduled to start during Q1 2020.

HPQ, working with PyroGenesis, is also developing a process that can take the High Purity Silicon (Si) made by the PUREVAPTM and manufacture Nano-Structure Silicon powders for Next Gen Li-ion batteries.  Starting in Q1 2020, the plan is to validate our game changing manufacturing approach using a modified Gen2 PUREVAPTM reactor to produce Nanoscale Structure Silicon (Si) powders samples for industry participants and research institutions’.

Concurrently, HPQ is also working with industry leader Apollon Solar to develop a manufacturing capability that uses the High Purity Silicon (Si) made with the PUREVAP™ to make Porous silicon wafers needed for solid-state Li-ion batteries.  The first Silicon wafer should be ready to be ship for testing to a battery manufacture (under NDA) during Q1 2020.

Finally, with Apollon Solar, we are also looking into developing a metallurgical pathway of producing Solar Grade Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR one-step production of Silicon (Si) material of 4N+ purity with low boron count (< 1 ppm).

All in all, HPQ focus is becoming the lowest cost producer of Silicon (Si), High Purity Silicon (Si), Nano-Structure Silicon powders for Next Gen Li-ion batteries, Porous Silicon Wafers for Solid states Li-ion batteries, Porous Silicon Powders for Li-ion batteries and Solar Grade Silicon Metal (SoG-Si).

This News 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. 

Disclaimers: The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of the Company’s Roncevaux Quartz Project, Matapedia Area, in the Gaspe Region, Province of Quebec.

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

Neither the TSX Venture Exchange 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.

For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
Email: [email protected]

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#Platinum Group Metals Continue to Shine – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 4:51 PM on Friday, December 20th, 2019

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Platinum Group Metals Shine

  • An incredible year in the palladium market continues to the end.
  • Platinum shows some signs of life.

By: Andrew Hecht

It could be an excellent time to start thinking about renaming the Platinum Group Metals. After all, since 2016, the price action in rhodium and palladium has left the namesake head of the group in the dust. Platinum has been a laggard. The old title as “rich man’s gold” is as inappropriate from an investment perspective today as it is from a social one.

Meanwhile, the price action in platinum in 2019 was not that bad. The platinum futures market looks like it will post a double-digit percentage gain compared to its closing price at the end of 2018. If the price action in the other members of the precious metals sector, including gold, palladium, and rhodium, are harbingers of the future for platinum, 2020 could turn out to be an exciting year for devotees of the metal that has not lived up to its reputation as a rare precious and industrial metal.

Meanwhile, the precious metals sector of the commodities market is barreling into 2020 after a bullish run in 2019. The Aberdeen Standard Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) holds long positions in gold, silver, platinum, and palladium bullion. A diversified approach to the sector could be an excellent way to spread risk going into the new decade that is just around the corner.

Rhodium is the star

In 2016, the price of rhodium fell to a low at $575 per ounce. Rhodium is a byproduct of South African platinum output. The weakness in the platinum price, which fell to the lowest level since 2003 in 2018 when the price reached $755.70 per ounce, caused a decline in south African platinum production. Less platinum mining caused a deficit in the rhodium market, which does not trade on the futures exchange. In the physical market, the price of rhodium took off like a rocket ship.

Source: Kitco

As the chart highlights, rhodium was trading at a midpoint value of $5,840 per ounce on December 19, over ten times higher than the price in 2016. The deficit in the rhodium market could continue to push the price higher in 2020, and a test of the all-time high at just over $10,000 per ounce could be in the cards for the platinum group metal. Rhodium has been the best performing PGM over the past years. In 2019 alone, the price more than doubled, moving from below the $2,500 level at the end of 2018 to almost $6,000 per ounce on December 17.

An incredible year in the palladium market continues to the end

While rhodium is the metal with the most impressive percentage gain since the 2016 low, the price action in palladium pushed the price of the metal to a series of new all-time highs throughout 2019.

Source: CQG

The quarterly chart of nearby NYMEX palladium futures illustrates that, before 2017, the all-time peak came in 2001 at $1,090 per ounce. Palladium blew through that high like a hot knife goes through butter and has posted gains in the past seven consecutive quarters. The price was approaching the $2,000 per ounce level as of last week when it hit a high at $1,974.60 on the active month March futures contract on December 17.

The ascent of palladium is a function of the rising demand for catalytic converters for gasoline-powered automobiles. The “phase one” trade deal between the US and China could stabilize the Chinese economy lifting requirements for new cars and palladium-based catalytic converters in the world’s most populous nation. On the supply side of the fundamental equation for palladium, supplies come from South Africa and Russia. In Russia, platinum group metals are a byproduct of nickel output.

Platinum shows some signs of life

The price action in platinum has lagged rhodium and palladium over the past years, and 2019 has been no exception. However, platinum looks set to post a gain for the year that is coming to an end.

Source: CQG

The monthly chart shows that platinum closed 2018 at $788.50 and was trading around the $937 level on December 19. Platinum looks set to deliver a double-digit percentage gain as it was 18.8% higher than the 2018 closing price. However, its performance pales in comparison to the palladium and rhodium markets.

Source: CQG

The weekly chart displays that platinum has made higher lows and higher highs throughout 2019. The price range in the platinum market has been from $787.30 and $1,000.80 on the continuous futures contract. At $937 on December 19, the price of platinum around $43 above its midpoint for the year. While platinum is not breaking any records, the price action is going into 2020 in a bullish trend.

Industrial and precious metal

Platinum group metals have a myriad of industrial applications. Aside from automobile catalytic converters, the dense metals with high resistance to heat are required in oil and petrochemical refining, fiberglass manufacturing, medical devices, and a host of other applications. Of the three metals, platinum is the densest, with the highest boiling and melting point. Therefore, platinum can serve as a substitute for rhodium and palladium in industry.

Platinum also has a history as a financial asset and a store of value. Since the 1970s, platinum had mostly traded at a premium to gold as it is over ten times rarer than the yellow metal when it comes to annual output.

Source: CQG

The quarterly chart shows that platinum traded to an over $1,140 premium to gold in 2008, but it slipped to a discount in 2014 and never looked back. After falling to a low at a $600 discount to gold in 2019, platinum was still over $537 below the yellow metal on December 19.

Platinum moved almost 19% higher in 2019, gold broke out to the upside in June but slightly lagged platinum so far in 2019.

The GLTR ETF holds long positions in two of the three platinum group metals

Precious metals are going into the new decade on a bullish note after posting across the board gains in 2019. The low level of global interest rates could cause a continuation of bullish price action in 2020.

An ETF product that offers a diversified approach to a precious metals investment is the Aberdeen Standard Physical Precious Metals Basket Shares ETF. The fund summary for GLTR states:

“The investment seeks to reflect the performance of the price of physical gold, silver, platinum and palladium in the proportions held by the Trust, less the expenses of the Trust’s operations. The Shares are designed for investors who want a cost-effective and convenient way to invest in a basket of Bullion with minimal credit risk.“

Source: Yahoo Finance

The most recent top holdings of GLTR include:

Source: Yahoo Finance

GLTR has net assets of $463.08 million and trades an average of 22,754 shares each day. The ETF product charges an expense ratio of 0.60%.

Platinum continues to offer the most compelling value proposition in the precious metals sector at around the $930 per ounce level. However, the trend in all of the precious metals will enter 2020 in bullish mode.

The Hecht Commodity Report is one of the most comprehensive commodities reports available today from the #2 ranked author in both commodities and precious metals. My weekly report covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. I just reworked the report to make it very actionable!

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Source: https://seekingalpha.com/article/4313462-platinum-group-metals-shine

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BGL Metals Insider Says Nickel Forecasted to Shine – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:02 PM on Friday, December 20th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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BGL Metals Insider Says Nickel Forecasted to Shine

  • While stainless steel has historically been the primary end market for nickel, increased adoption of electrification in vehicle production is shifting demand for the material with advancements in battery technology
  • This structural shift is expected to change the supply and demand dynamics within the nickel market

CHICAGO and CLEVELAND, Dec. 18, 2019 – Technological advancements in the transportation industry are setting the stage for a surge in nickel demand, according to the Metals Insider, an industry report released by Brown Gibbons Lang & Company (BGL). While stainless steel has historically been the primary end market for nickel, increased adoption of electrification in vehicle production is shifting demand for the material with advancements in battery technology. This structural shift is expected to change the supply and demand dynamics within the nickel market.

Technological advancements in the transportation industry are setting the stage for a surge in nickel demand, according to the Metals Insider, an industry report released by Brown Gibbons Lang & Company (BGL). While stainless steel has historically been the primary end market for nickel, increased adoption of electrification in vehicle production is shifting demand for the material with advancements in battery technology.

Industry participants cite battery demand as a transformational development for the nickel industry, with vehicle electrification and global tightening of emissions standards key drivers underpinning market growth:

  • Market forecasts quantify the shift to electric mobility, which predict a nearly five-fold increase in electric vehicle (EV) models by 2030, when one in five passenger cars sold globally will be battery electric vehicles. Government initiatives are driving EV growth, notably stringent enforcement of emissions standards supported by targeted bans on internal combustion engine vehicle sales.
  • Nickel consumption in EV batteries could expand ten-fold by 2025, with battery demand projected to more than triple to an estimated 15 percent market share– up from 4 percent today.
  • Major nickel producers are validating the demand shift and investing to support double-digit volume growth, with nickel integral to strategic business models. Manufacturing capacity, raw materials availability, and advancements in new battery technologies are critical variables that will impact the supply outlook.

The nickel market is expected to undergo a structural shift across the value chain that will impact supply demand dynamics for stainless steel and nickel producers, distributors, manufacturers, and the major end markets they serve, with the oil & gas, aerospace, and food industries among the large consumers of the nickel- bearing material.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, divestitures, capital markets, financial restructurings, valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia, and real estate offices in Chicago, Cleveland, Denver, San Antonio, and San Diego. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com. 

Source: https://www.prnewswire.com/news-releases/bgl-metals-insider–nickel-forecasted-to-shine-300976918.html

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Spyder Cannabis $SPDR.ca Announces MOU with HighBreed Growth has Expired $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 2:28 PM on Friday, December 20th, 2019

Spyder Cannabis Announces MOU with HighBreed Growth has Expired

  • Previously announced Memorandum of Understanding with HighBreed Growth Corp. has expired pursuant to its terms
  • Under the MOU signed on September 5, 2019, the parties intended to complete a business combination that would result in a reverse take-over of Spyder Cannabis by HGBGC
  • Company’s common shares will resume trading on the TSXV at market open on December 24, 2019

Vaughan, Ontario–(December 20, 2019) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder Cannabis” or the “Company“), an established Canadian cannabis accessory and vape retailer, announces its previously announced Memorandum of Understanding (the “MOU“) with HighBreed Growth Corp. (“HBGC“) has expired pursuant to its terms. Under the MOU signed on September 5, 2019, the parties intended to complete a business combination that would result in a reverse take-over of Spyder Cannabis by HGBGC. Given that the transaction will no longer proceed, the Company does not, at the present time, intend to proceed with a delisting from the TSX Venture Exchange (the “TSXV“).

The Company’s common shares will resume trading on the TSXV at market open on December 24, 2019

About Spyder

Founded in 2014 Spyder is an established chain of three high-end vape stores in Ontario, with stores located in Woodbridge, Scarborough and Burlington. The Spyder brand is defined by its high-quality proprietary line of e-juice, liquids and exclusive retail deals, dispensed in uniquely designed stores creating the optimal customer experience. Spyder is building off this leading retail, distribution and branding eCig and vapes company and is pursuing expansion into the legal cannabis market. Spyder has developed a scalable retail model with aggressive expansion plan to create a significant retail footprint with targeted and

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For more information, please contact:

Spyder Cannabis Inc.
Dan Pelchovitz
President & Chief Executive Officer
Contact: Investor Relations
Phone: 1-888-504-SPDR (1-888-504-7737)
Email: [email protected]

Cautionary 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.

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 Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the satisfaction of the closing conditions contemplated under the Agreement. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: the TSX Venture Exchange declining to accept the transaction, the landlord not consenting to the Lease Assginment, changes in tax laws, general economic and business conditions; and changes in the regulatory regulation. The Company cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50991

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ThreeD Capital Inc. $IDK.ca – How To Keep Your #Crypto Safe Against Exchange Hackers #Bitcoin #Ethereum $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 12:00 PM on Friday, December 20th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

How To Keep Your Crypto Safe Against Exchange Hackers

  • Exchange hacks appear to be one of the critical problems without any kind of a solution in sight. 
  • This year alone, there have been several high-profile attacks.

By Adrian Barkley

Despite all the developments and innovations in the cryptocurrency space over recent years, exchange hacks appear to be one of the critical problems without any kind of a solution in sight. These days, cryptocurrencies are far more distributed across hundreds of exchanges than they were back in 2014 when Mt.Gox was hit, derailing the price of Bitcoin overnight. Nevertheless, exchanges remain prime targets for hackers. 

This year alone, there have been several high-profile attacks. Cryptopia was one of the first, subject two separate incidents that ultimately crippled the New Zealand-based exchange, causing it to close its doors for good.

After that, Singaporean DragonEx and Korean Bithumb were both targeted, before trading behemoth Binance was hit in May this year. Although the company was quick to reassure users that their account balances were protected by its insurance fund, the attack left a smear on Binance’s previously unblemished record of security. 

The latest exchange to fall prey to hackers is Upbit, which lost $50 million worth of ETH in late November. 

So, what are crypto users to do, to keep their funds safe? In light of the ongoing hacking issues, many exchanges are now starting to sell themselves on their enhanced security measures. 

Going the Extra Mile to Prevent Attacks

For a while, two-factor authentication was the established means of ensuring user account. However, many exchanges are now taking additional measures, such as IP binding. This means that you can restrict access to your exchange accounts to only a single IP address. If someone attempts to log in from another machine than your own, you’ll be notified. 

Singaporean exchange ecxx is one example of an exchange following this practice, along with other measures to help keep your funds safe from theft. The exchange keeps user funds in cold wallets, requiring multiple signatures from the company to access. 

Earlier this year, QuadrigaCX users found their funds had gone missing after the exchange founder died abroad as the only person holding the private keys to access his company’s wallet. Multi-signature wallets are a way of protecting against this risk. 

Furthermore, ecxx has integrated with MyInfo, the government of Singapore’s user portal. It enables Singaporean citizens and residents to interact with government agencies and private companies online. The integration offers local users in Singapore a trusted means of logging on to the ecxx platform with their existing MyInfo credentials. 

For institutions, ecxx has also partnered with Ledger, one of the global leaders in digital asset cold storage. Professional traders and investors can choose to have their funds stored in a Ledger Vault, meaning that ecxx doesn’t take custody of funds at all. 

Decentralized Exchanges – a Non-Custodial Solution

Another option for exchanging tokens without incurring the security risks of hacking is to use a decentralized exchange (DEX.) A DEX generally doesn’t take custody of your accounts, meaning that you’re solely responsible for fund security. 

At this point in the evolution of cryptocurrency, users have their pick of DEXs, with various different models for enabling trading. However, a critical challenge of peer-to-peer DEXs is that many are underused, meaning they suffer from low liquidity. Unless you’re trading Bitcoin or one of the major alts, you may find your trade left hanging while the matching engine searches for a counterpart with whom to trade. Therefore, it makes sense to find a DEX with high liquidity. 

IDEX is one of the more popular DEXs, meaning that liquidity is less of a challenge. Users manage their funds via the platform’s Ethereum-based smart contract. Users can access the smart contract via four methods – a Metamask wallet, a Ledger Nano S cold storage wallet, a Keystore file, or a manual private key entry. 

Another safe option is to use a liquidity protocol, which is a kind of DEX using a third token to enable swaps between a wide variety of tokens. Bancor and Uniswap are both examples of liquidity protocols. 

Wallets

If you do prefer to stick with centralized exchanges, then conventional wisdom says that you should only keep your funds in your exchange account when you’re actively trading. Therefore, if you’re planning on keeping your investments in crypto, get yourself a wallet. Hot storage wallets such as Atomic or Edge are very easy to get started using only a smartphone app. 

An even safer option for long-term HODLers is to use a cold storage wallet such as a Ledger Nano S or Trezor. Just make sure you have a safe method of storing your recovery seed.

Source: https://cryptodaily.co.uk/2019/12/how-to-keep-your-crypto-safe-against-exchange-hackers

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This #Edtech Unicorn Turned Profitable After Tripling Its Revenue in FY19 – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:42 AM on Friday, December 20th, 2019
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

This Edtech Unicorn Turned Profitable After Tripling Its Revenue in FY19

  • Online education market is expected to grow to $1.96 billion by 2021
  • 52 per cent compounded annual growth from 2016, according to a 2017 report published by Google and research firm KPMG

By: Shreya Ganguly

Increased Internet penetration and availability of smartphones has made its way into making the world smaller. Technology is also disrupting the education market where the former is leveraged to make learning more engaging and reach students at places with poor schooling infrastructure. One of the giants in this space, BYJU’s turned profitable and recorded a revenue of INR 1,341 crore for the fiscal year which ended on March 31, 2019. This is thrice the amount of INR 490 crore in FY18.

According to the edtech Unicorn, deeper penetration of its services across India and increase in numbers of paid subscribers are the primary drivers of growth.

“We have exceeded our financial goals that we set at the beginning of the year. Expanding our base across smaller towns and cities and introducing new products have been pivotal to our growth. With 60 per cent of our students based outside the metros, the aspiration and need for quality learning has never been higher,” said Mrinal Mohit, chief operating officer, BYJU’s. 

BYJU’s Growth In Numbers

According to the company, it recorded a net profit of  INR 20 crores in FY 18-19. Its gross revenues also increased to INR 1480 crores from INR 520 crores, last fiscal.  

BYJU’s claims to have over 40 million registered users and 2.8 million paid subscribers currently. According to the company, the average number of minutes a student spends on the app has increased from 64 minutes to 71 minutes per day over the last 12 months and the annual renewal rates are as high as 85%. 

“This year, we also launched our product for young learners (Grades 1-3), which completed our learning offerings from grades 1 – 12.  We are also planning to reach out to deeper parts of India by launching programs in vernacular languages. We strongly believe that we have the capability to create a global product that can revolutionize learning for students across the world,” Mohit said. 

Future Plans

The company is now aimed at doubling its revenue to INR 3,000 crore for the current financial year. Apart from this, Mohit also revealed that the company will also soon launch BYJU’s online tutoring which will further accelerate growth and profitability for the current fiscal.

Edtech Market in India

The online education market is expected to grow to $1.96 billion by 2021, a 52 per cent compounded annual growth from 2016, according to a 2017 report published by Google and research firm KPMG.

Online disruption in the education market takes the classroom directly inside the homes of the students thereby getting wider reach. Apart from this, technological development is making education a more interactive experience for children, thereby increasing their engagement rather than one-way classroom lectures. Also, online lectures allow one-on-one attention to students to help them grow at their own pace.

Currently, apart from BYJU’s notable players such as Unacademy, Toppr, Safeducate and GradeUp are looking to disrupt the edtech market.

Source: https://www.entrepreneur.com/article/344017

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The Future of Nickel: Tensions, Trade Bans and Technology – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 5:22 PM on Thursday, December 19th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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The future of nickel: tensions, trade bans and technology

  • It’s an interesting time for nickel on the global markets
  • Prices have risen dramatically despite trade tensions between the US and China, and are expected to explode as Indonesia and the Philippines prepare for nickel export bans

By Umar Ali

Indonesia’s export ban

With increased demand for stainless steel production and recent developments in technologies such as electric vehicles, demand for nickel is higher than ever. Unfortunately, this demand is struggling against an increasingly tightening supply of the essential metal.

In response to the risk of this increasing demand tightening local supply, the Indonesian government announced in September 2019 a ban on the export of raw nickel ores, bringing the ban forward from 2022 to January 2020.

According to GlobalData analyst David Kurtz, this ban is intended to produce value-added nickel products, stimulate domestic processing of ore, and make the country a hub for electric vehicle production.

Indonesia is the largest global producer of nickel and a major supplier of the metal to China’s stainless steel industry; in anticipation of the ban, Chinese producers are building up nickel inventories.

This has increased the price of nickel significantly, with prices at the end of September 2019 reaching more than $16,000 per tonne, an increase of more than 60% from January. When the ban was announced, nickel prices increased by 8.8% to reach a peak of $18,620 per tonne, the highest price since 2014.

While over half of Indonesia’s nickel is processed in the country, around 218,000 tonnes of the metal is unprocessed and would be affected by the ban, which represents around 10% of global demand.

Concerns over supply have led to LME nickel warehouse stock levels dropping by almost 50% since the announcement of the ban, with Reuters reporting that stocks have fallen to 79,800 tonnes, the lowest since January 2009, as of 24 October 2019.

Potential for the Philippines?

The mining sector in the Philippines is expected to benefit from the supply gap created by this export ban, with the country’s nickel industry having suffered in recent years.

As the second-largest producer of nickel, the Philippines accounted for nearly 16% of global production in 2018.

However, production volumes fell sharply in 2016 when the country’s Department of Environment and Natural Resources launched an audit process for over 40 metallic mines, resulting in a number of suspensions and 27 closures. Of these 27 mines, 19 were involved in nickel production, resulting in a drop in nickel production of over 100kt.

Since the shutdowns, output has steadily increased but has become dependent on a smaller number of operations, particularly in the mining region of Caraga. According to Kurtz, the ban in Indonesia “paves the way for higher exports of nickel from the Philippines to China.”

However the shutdowns in the Philippines, as well as the lower quality of nickel ore in the Philippines compared to Indonesia, are expected to challenge this financial growth. The lower grade of nickel ore in the Philippines is a particular problem for Chinese operators, as it affects the ability of nickel pig iron producers to achieve the necessary purity mix for stainless steel production.

With China being a significant importer of nickel, particularly for its stainless steel production, the ongoing trade dispute between the US and China has had a considerable influence on nickel prices.

Prior to the announcement of Indonesia’s export ban, nickel prices fell steeply in the second half of 2018, but has eased in anticipation of trade talks later in 2019. Indonesia’s export ban has also allowed the price of nickel to fare better than other metals such as copper, avoiding the longer-term financial concerns seen across the resources sector.

Future prospects

Primary nickel production is forecast to rise by 9-10% in 2019 to reach 2.4MT, primarily driven by an increase in Indonesia from rising production in new mines. Demand for nickel in China is expected to grow over 2.1Mt, as opposed to the 1.6Mt estimated for 2019.

According to analytics from GlobalData, the number of electric vehicles is expected to increase from 1.6 million in 2018 to 6.8 million in 2023, and the demand for nickel for lithium-ion batteries is expected to quadruple over this period from 3-4% in 2019.

With the export bans in place, nickel prices are expected to remain high while stocks remain low. However, any escalation of the trade tensions between the US and China could lead to a fall in prices, and there remains the possibility of Indonesia relaxing their export ban (as it did previously in 2017 for a ban established in 2014).

This reversal applied to operators working on building processing capacity, and came about due to losses incurred by stated-owned nickel exporter PT Aneka Tambang as well as a need to ease the country’s budget deficit.

Source: https://www.mining-technology.com/features/the-future-of-nickel-tensions-trade-bans-and-technology/

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