Posted by AGORACOM-JC
at 11:36 AM on Tuesday, May 14th, 2019
2 weeks ago we interviewed BetterU (BTRU:TSXV) CEO Brad Loiselle from his head office in Ottawa with the title “BetterU On The Move In India With Partnerships, Products and Personnel”
Today, he’s literally on the move as we interview him directly from India where he and Gurmit Singh, the company’s newest addition and Former Managing Director of Yahoo India and CEO Forbes India, are on a whirlwind tour of meetings throughout India where they are presenting BetterU to some very (VERY) large companies and organizations. As you will soon see for yourself, reaction and response to the BetterU Education Marketplace has been excellent, with the company expecting to generate meaningful agreements in the very near future.
The great thing about interviews is that CEO’s can’t hide behind text based corporate jargon. Rather, investors are given a great opportunity to read body language, facial expressions and voice fluctuations to gauge just how confident (or lack thereof) the CEO actually is. I know I do …. and I told Brad on-air that his confidence and happiness was bursting through the screen. Adding to this is the fact that Gurmit Singh was sitting right beside him, without a mic, chiming in some answers, which leads viewers to believe things are going really well.
Naturally, we’ll let you be the final judge. Grab a coffee, watch this great interview with Company CEO, Brad Loiselle and let us know what you think.
Posted by AGORACOM-JC
at 8:38 AM on Tuesday, May 14th, 2019
Signed a Letter of Intent with Essence Farms, LLC, to form a joint venture (“JVâ€) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.
Marijuana Company of America will provide hemp seeds, genetics, management of operations and standard operating procedures. Essence, a cultivator and land owner, will provide all necessary licenses for the legally compliant growth and sale of hemp in Riverside, California.
ESCONDIDO, Calif., May 14, 2019 (GLOBE NEWSWIRE) — via NetworkWire – MARIJUANA COMPANY OF AMERICA, INC., (“MCOA†or the “Companyâ€) (OTCQB: MCOA), an innovative hemp and cannabis corporation, announced today that the Company has signed a Letter of Intent (“LOIâ€) with Essence Farms, LLC, (“Essenceâ€) to form a joint venture (“JVâ€) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.
Through the agreement,
Marijuana Company of America will provide hemp seeds, genetics,
management of operations and standard operating procedures. Essence, a
cultivator and land owner, will provide all necessary licenses for the
legally compliant growth and sale of hemp in Riverside, California.
“MCOA
strives to be a leader in producing and distributing hemp, and we
believe this joint venture will allow the Company to further its vision
by establishing itself as a premier company in the hemp sector,†said
Don Steinberg, Chief Executive Officer of Marijuana Company of America.
“With the ongoing return of net profits this project is expected to
provide MCOA, we are confident that signing this Letter of Intent is
another strategic step for the Company and we look forward to expanding
further in both the cannabis and hemp markets in California. If all goes
according to plan, this will by far be the most financially successful
venture the Company has been involved in.â€
Marijuana Company of
America will receive an 80% return of net profits for the JV on an
ongoing basis, as well as a long-term lease on the property with
favorable lease terms. The project includes up to 500 usable acres of
land in California’s Riverside County that has sufficient water and
power and is specifically suited for large-scale cultivation. The
Company is in the process of sourcing the highest quality seeds that
will yield a high percentage of CBD with legally compliant low levels of
THC. It is projected that each acre will produce 2,500 pounds of hemp
biomass. Based on prevailing fair market rates at this time, the biomass
can be sold for approximately $35 a pound. If the Company processes the
biomass as it intends to do, at least in part, the biomass will produce
a significantly higher financial return. Additionally, the property is
equipped with several large structures that are suitable for the storage
and drying of the hemp plants. A highly experienced cultivation team
has been engaged to manage the operations and cultivation of the farm.
Consummation
of the transaction remains contingent upon satisfactory completion of
due diligence by both parties and completion and agreement on all final
terms and conditions of the engagement. Further details on the terms of
this LOI are available in the Company’s filing, which can be accessed at
www.sec.gov.
About Marijuana Company of America, Inc. MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART™, which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry as the legalized markets and opportunities in this segment mature and develop.
About Our hempSMART Products Containing CBD The
United States Food and Drug Administration (FDA) has not recognized CBD
as a safe and effective drug for any indication. Our products
containing CBD derived from industrial hemp are not marketed or sold
based upon claims that their use is safe and effective treatment for any
medical condition as drugs or dietary supplements subject to the FDA’s
jurisdiction.
Forward-Looking Statements This
news release contains “forward-looking statements†that are not purely
historical and may include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the development, costs and
results of new business opportunities, and words such as “anticipate,â€
“seek,†intend,†“believe,†“estimate,†“expect,†“project,†“plan†or
similar phrases may be deemed “forward-looking statements†within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
the inherent uncertainties associated with new projects, the future U.S.
and global economies, the impact of competition and the Company’s
reliance on existing regulations regarding the use and development of
cannabis-based products. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to update
the forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans, expectations
and intentions contained in this press release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in our annual report on Form 10-K, our
quarterly reports on Form 10-Q and other periodic reports filed from
time to time with the Securities and Exchange Commission. For more
information, please visit www.sec.gov.
Posted by AGORACOM-JC
at 8:33 AM on Tuesday, May 14th, 2019
Company has entered into a long-term agreement with AMS Heli Design of Denison, Texas.
AMS is a Helicopter EMS Interior provider, specializing in Air Ambulance configuration through the use of new lightweight materials and new generation technologies.
TORONTO, May 14, 2019 — Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star†or the “Companyâ€) announces that the Company has entered into a long-term agreement with AMS Heli Design (“AMSâ€) of Denison, Texas. (www.amsheli.com)
AMS is a Helicopter EMS Interior provider, specializing in Air
Ambulance configuration through the use of new lightweight materials and
new generation technologies.
As a result of this agreement, the parties are now offering the
STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services
(“HEMSâ€) configuration. STAR-ISAMM™ interfaces with existing bio-medical
equipment aboard a medical evacuation and transport helicopter or
airplane. It securely transmits the patients’ vital signs and other
critical information directly to receiving hospital physicians through
SATCOM or GSM, while at the same time providing tracking and location of
the vehicle. These data services allow early patient assessment and
initiation of the best possible care plan, well before the patient
arrives at the facility.
The STAR-ISAMM™ System was first successfully presented live in
Montreal at the end of 2018, to the private sector and to government
bodies. It will be fitted into an integrated EMS kit by AMS and sold
initially to the USA and Canada by AMS, leveraging on its expertise in
helicopters and established presence and from 2020 in all world regions.
The STAR-ISAMM™ System is the result of the combined efforts of both
the Company’s’ internal R&D department and those of its Montreal
subsidiary, STAR-ISONEO INC. and is an innovative application of the
Company’s patented STAR-ISMS® technology.
Andrea Girolin, CEO at AMS said:
“Our vision is to support customers with EMS interiors meeting their
operational requirements using new technologies and materials, being
light weight, solid, safe and durable.â€
J-L Larmor, VP Corporate Development at Star, said:
“Star has now a unique and leading position in the HEMS sector, being
able to not only provide Airborne Data Services to the aerospace
industry but expanding our breadth to serve the EMS sector by providing
medical data services. Both AMS and Star are excited about being world
leaders in providing the best health care for EMS patients.â€
About AMS Heli Design:
AMS Heli Design is a premier aviation engineering development and EMS
interior certification company, based in North Texas Regional Airport
(KGYI). Current projects under certification include new lightweight
modular interiors for Leonardo AW169 and for the AW109 Trekker.
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.
Stars’ M.M.I. Division designs and manufactures high performance,
mission critical, flight deck flat panel displays for defence and
commercial aviation industries worldwide. These displays are found on
aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky
and Agusta Westland helicopters, as examples.
Stars’ subsidiary, Star-Isoneo Inc. is a specialised software firm,
developing complex solutions in engineering, simulation and development
for Canadian customers. Star-Isoneo works closely with Star in the
development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR- LSAMM™)
applications of the patented STAR-A.D.S. ® technology, and on its
current R&D program with Bombardier.
Certain statements contained in this News Release constitute
forward-looking statements. When used in this document, the words “mayâ€,
“wouldâ€, “couldâ€, “willâ€, “expected†and similar expressions, as they
relate to Star or its management are intended to identify
forward-looking statements. Such statements reflect Star’s current views
with respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause Star’s actual
performance or achievements to vary from those described herein. Should
one or more of these factors or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated or expected. Star
does not assume any obligation to update these forward-looking
statements, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator
(as that term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of the
content of this release.
Posted by AGORACOM-JC
at 9:00 PM on Monday, May 13th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More
EGLX: TSX-V ———————————-
The eSports Boom, and the Numbers Behind the Sector’s Explosive Growth
The oldest professional sport teams can trace their start back to the
mid-19th century, a period when casual past times such as baseball or
football transitioned into more organized leagues.
Since this tipping point, pro sports has thrived around the world,
and the business of sports has evolved into a multi-billion dollar
ecosystem for teams, leagues, players, merchandisers, sponsors,
broadcasters, and event spaces.
Today, this evolution still continues – and it is being driven by the
emergence of eSports (electronic sports), an exciting frontier for fans
and business alike.
eSports Extravaganza
Today’s chart breaks down the eSports boom, including data on the
sector’s rapid growth, prize pools, and the most valuable eSports
companies today.
Despite having a reputation in the media and in popular culture as
being on the fringes, it is clear that gaming is now a truly mainstream
phenomenon.
In fact, the global gaming industry has now eclipsed $135 billion in
revenue worldwide – a figure that is twice as much as the film and music
industries combined.
With hundreds of millions of avid fans around the world, demand to
watch the most elite gamers has reached a fever pitch – and now, it’s
not uncommon to see sold-out arenas, big name sponsorship deals, and
massive prize pools in the name of eSports.
Defining the eSports Ecosystem
Like any professional league, eSports creates the foundation for an entire ecosystem of opportunities.
Players Players are central to the ecosystem,
since they are the stars and they have their own personalities. One
famous star is Kuro Takhasomi (KuroKy), who has brought in a whopping
$4.2 million in prize money from Dota 2 tournaments so far. He has
earned more than any other player in eSports.
Teams Because the games played are mostly
team-based, there is a crucial element of teamwork involved. eSports
franchises are currently selling for millions of dollars.
It’s worth noting that these franchises don’t just employ players –
they also hire staff that can better ensure the success of players, such
as coaches, trainers, and personal chefs.
Games and Developers Some of the most important
games in the eSports world right now include: Dota 2, Counter-Strike,
League of Legends, Overwatch, Fortnite, and Call of Duty.
Competitions Leagues and tournaments can offer
massive prize pools for players. The biggest single pool so far was
$25.5 million, offered for a Dota 2 tournament in 2017 (“The
Internationalâ€). It’s the second-largest prize pool offered in any kind
of sport, behind the U.S. Open (tennis).
Organizers Running eSports events is big money,
and organizers of events can tap into sponsorship and fan revenue.
Sometimes game publishers will organize the events, but third-party ones
also exist in the ecosystem.
Sponsors Sponsors like Coca-Cola, Intel, and
Mercedes-Benz have shelled out millions of dollars to sponsor events and
reach the massive audiences associated with eSports. In more recent
news, SAP signed a deal to sponsor one of the biggest names, Team Liquid.
Broadcasters Broadcasters, both traditional and
online (YouTube, Facebook Live, Twitch, etc.), are also in to get a part
of the action. Recently, game developer Blizzard signed a broadcasting
deal with Disney to broadcast Overwatch League playoffs on ESPN, ABC,
and Disney XD.
What do you think is the most exciting part of the eSports boom, and why?
In 2018, Eureka recognized revenue of approximately CAD$11.5 million*
net profit margin of 16%* from its California and Colorado operations
Anticipates further growth in revenue due to anticipated changes to retail regulation of adult cannabis use in California.
WHY NORTHBUD FARMS?
Canadian regulatory door for CIP (Cannabinoid Infused Products) is opening this year As shown in other legal jurisdictions (Colorado, Washington, Nevada, California)
Infused products sector has become the highest margin segment of the industry
Positioned to be a raw input producer for this space
Currently working with multiple food,
beverage and science companies to provide safe standardized cannabinoid
infused raw inputs for large scale GMP manufacturing of products
Cultivation facility is progressing on schedule and on budget, video update below:
Click Image Below
FULL DISCLOSURE: NORTHBUD is an advertising client of AGORA Internet Relations Corp.
Tags: CBD, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in All Recent Posts, North Bud Farms Inc | Comments Off on CLIENT FEATURE: North Bud Farms $NBUD.ca Sustainable Low Cost, High Quality #Cannabinoid Production and Procurement $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 10:03 AM on Monday, May 13th, 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.
——————-
Is This Behind The Latest $25 Billion Bitcoin And Crypto Price Rally?
Now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap.
The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap.
The latest bitcoin rally has seen the world’s largest cryptocurrency shoot up by almost 40% over the last 30 days.
Bitcoin whales have traded around 100,000 bitcoin over the weekend,
with a total value of some $670 million dollars. Most of the bitcoin
whales have been moving their holdings out of major cryptocurrency
exchanges, with just a few of the biggest transactions over the weekend
involving cryptocurrency wallets moving bitcoin to an exchange.
Large bitcoin and cryptocurrency transactions can prop up the market,
with the holders not selling via online exchanges but opting to
continue holding the digital tokens instead, known in the bitcoin and
cryptocurrency sector as “hodling.”
Bitcoin holders are continuing to bet on the asset despite the
bitcoin price almost doubling since the beginning of this year,
suggesting they see it moving still higher as bitcoin sentiment turns
increasingly bullish.
Last week, analysts from investment bank Canaccord Genuity said they
expect bitcoin to rally hard over the next 24 months, potentially
returning to its late 2017 highs due to next year’s halving event, where
the number of bitcoins rewarded to miners will be cut by 50%.
The last week has been a difficult one for the bitcoin and cryptocurrency sector, however, despite the broad price rally.
Bitcoin climbed even
as the market processed the news $40 million of bitcoin (some 7,000 of
the digital tokens) were stolen from the Malta-based Binance exchange,
the world’s largest bitcoin and cryptocurrency exchange by volume, and Binance’s widely-respected chief executive Changpeng Zhao caused controversy by suggesting he could “re-organize” the bitcoin blockchain to recover the funds.
The bitcoin price climbed over the course of last week despite a
serious security breach at major bitcoin and cryptocurrency exchange,
Binance.
CoinDesk
Meanwhile, the bitcoin and cryptocurrency industry is gearing up for
one of the biggest events in the cryptocurrency calendar starting
today—Blockchain Week NYC and CoinDesk’s Consensus 2019 event, running
all week out of the New York Hilton Midtown.
This year headline speakers include FedEx’s Fred Smith, Fidelity’s
Abigail Johnson, Twitter and Square’s Jack Dorsey, chairman of the U.S.
Securities Exchange Commission, Jay Clayton, and U.S. presidential
hopeful, Andrew Yang.
“As crypto’s true believers gather in New York for Consensus this
week, they are counting ever-more household-name companies amongst their
number,” said Simon Peters, an analyst at brokerage eToro. “The
possibility of big crypto-related announcements from some of the world’s
biggest corporates will be part of what is driving bitcoin’s price
upward.
“This buzz follows a recent spate of good news for bitcoin, with
large institutional investors like Fidelity Investments increasing their
exposure to crypto-assets in recent weeks. If we see institutions begin
to pump serious money into the market, we could be at the start of a
very long bull run for crypto-assets.”
Posted by AGORACOM-JC
at 8:22 AM on Monday, May 13th, 2019
Adds prominent leaders from media and technology sectors, bringing years of successful public and venture market experience to Company
Appointed respected global media veterans Stephen Tapp, and Todd Finch to its Advisory Board
Jesse Dylan, CEO of GLN commented, “As GLN continues its year over year growth, we have attracted an exceptional team of industry advisors with backgrounds ranging from Tesla to the biggest media corporations in Canada...”
Vancouver, British Columbia–(May 13, 2019) – Good Life Networks Inc. (TSXV: “GOOD”) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company, is pleased to announce that it has appointed respected global media veterans Stephen Tapp, and Todd Finch to its Advisory Board.
Jesse Dylan, CEO of GLN commented, “As GLN
continues its year over year growth, we have attracted an exceptional
team of industry advisors with backgrounds ranging from Tesla to the
biggest media corporations in Canada. Their diverse experience will help
guide and support us through this evolutionary time in GLN’s
lifecycle. We are thrilled to welcome Stephen and Todd to our Advisory
board. Their combined experience in building leading media and
technology businesses will be invaluable in helping us continue to grow
and innovate.”
Stephen Tapp
Stephen is an internationally recognized leader in media &
entertainment with a proven track record of building and operating
profitable subscriber and advertiser supported businesses. He has been
instrumental in several successful Canadian media company launches
including TSN and Viewer’s Choice Pay Per View and was founding
President and COO of XM Satellite Radio Canada. Mr. Tapp also served as
EVP for Chum Ltd., overseeing such iconic brands as Citytv and
MuchMusic. He currently acts as SVP of Business Development at leading
global music and technology company, Stingray.
Todd Finch
Todd is a proven tech executive and has been an advisor and coach to
numerous founders and CEOs in the Canadian tech landscape for the past
10 years. His many successes include the introduction of the browser to
the Canadian market as President of Netscape Canada. He served as the
President & CEO of Vizible Corporation, (acquired by OpenText in
2009) recognized as one of the fastest growing, innovative companies in
Canada by Deloitte Fast 50 & tech 500.
Todd and Stephen join GLN’s team of experienced Advisors including Brennan Boblett and Ron Shuttleworth.
Brennan Boblett
Brennan spent 5 years at Tesla leading and managing the UI + UX
design including auto pilot for the company’s model S, X and 3. Brennan
has also held leading tech positions with Apple, Microsoft, Uber,
PlayStation and Netflix.
Ron Shuttleworth
Ron has 25 years of experience in the technology sector as an
operator, investor, analyst and investment banker specializing in
M&A, equity and debt. As an operator, Ron has been CEO, Chief
Technical Officer and Product Manager with direct experience in fintech,
enterprise software and marketing automation. He was a top-ranked
research analyst for eight years with nearly $500-million of capital
raised within his coverage list.
The GLN Story
GLN’s patent pending technology is the engine that sits between
advertisers and publishers. A highlight of GLN’s tech is that it does
not collect PII (Personal Identifiable Information). Built for cross
device video advertising: Mobile, In-App, Desktop and CTV (Connected
Television) the GLN Programmatic Video Advertising Platform has among
the lowest fraud rates of similar vendors in the industry. Advertisers
make more money by reaching their target audience more effectively. GLN
makes money by retaining a percentage of the advertiser’s fee.
GLN is headquartered in Vancouver, Canada with offices in Newport
Beach and Santa Monica California, New York and UK and trades on the
TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange
under the stock symbol 4G5. For further information on the Company,
visit www.glninc.ca
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward Looking Statements:
Forward-looking statements relate to future events or future
performance and reflect the expectations or beliefs regarding future
events of management of GLN. This information and these statements,
referred to herein as “forwardâ€looking statements”, are not historical
facts, are made as of the date of this news release and include without
limitation, statements regarding discussions of future plans, estimates
and forecasts and statements as to management’s expectations and
intentions with respect to the Company’s relationship with its Advisors.
These statements generally can be identified by use of forward-looking
words such as “may”, “will”, “expect”, “estimate”, “anticipate”,
“intends”, “believe” or “continue” or the negative thereof or similar
variations.
These forwardâ€looking statements involve numerous risks and
uncertainties and actual results might differ materially from results
suggested in any forward-looking statements. Important factors that may
cause actual results to vary.
In making the forwardâ€looking statements in this news release,
the Company has applied several material assumptions, including without
limitation that the Advisors will generate the anticipated results
including but not limited to; revenue, business opportunities, business
strategy and guidance per GLN management’s expectations. GLN does not
assume any obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those reflected
in the forward looking-statements, unless and until required by
applicable securities laws. Additional information identifying risks and
uncertainties is contained in GLN’s filings with the Canadian
securities regulators, which filings are available at www.sedar.com.
Posted by AGORACOM-JC
at 9:00 PM on Sunday, May 12th, 2019
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 2:56 PM on Friday, May 10th, 2019
Announced today that it intends to complete a non-brokered private placement financing for gross proceeds of up to $2,030,000, by issuing 3,500,000 Units at a price of $0.58 per Unit.
Proceeds from the Private Placement will be used by the Corporation for general corporate purposes.
MONTREAL, May 10, 2019 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it intends to complete a non-brokered private placement financing (the “Offering”) for gross proceeds of up to $2,030,000, by issuing 3,500,000 Units at a price of $0.58 per Unit.
Each Unit will consist of one common share in the capital of the
Company and one full common share purchase warrant (“Unit Warrantâ€),
each full Unit Warrant entitling the holder to acquire one common share
of the Company at a price of $0.85 which expires in two (2) years.
The Corporation will pay a finder’s fee of 4% on a portion of the
proceeds of this Private Placement. The Corporation will not issue any
finder’s compensation warrants in connection with this Private
Placement.
The proceeds from the Private Placement will be used by the Corporation for general corporate purposes.
The Private Placement is subject to the final approval of the TSX
Venture Exchange (“TSXVâ€) as well as other customary closing conditions.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities of 1933, as amended, or any state
securities laws and may not be offered or sold within the United States,
unless an exemption from such registration is available.
PyroGenesis Canada Inc., a high-tech company, is the world leader in
the design, development, manufacture and commercialization of advanced
plasma processes and products. We provide engineering and manufacturing
expertise, cutting-edge contract research, as well as turnkey process
equipment packages to the defense, metallurgical, mining, advanced
materials (including 3D printing), oil & gas, and environmental
industries. With a team of experienced engineers, scientists and
technicians working out of our Montreal office and our 3,800 m2
manufacturing facility, PyroGenesis maintains its competitive advantage
by remaining at the forefront of technology development and
commercialization. Our core competencies allow PyroGenesis to lead the
way in providing innovative plasma torches, plasma waste processes,
high-temperature metallurgical processes, and engineering services to
the global marketplace. Our operations are ISO 9001:2015 and AS9100D
certified, and have been since 1997. PyroGenesis is a publicly-traded
Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR)
and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward- looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Corporation’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Corporation with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Corporation’s ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com.
Actual results, events, and performance may differ materially. Readers
are cautioned not to place undue reliance on these forward-looking
statements. The Corporation undertakes no obligation to publicly update
or revise any forward- looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
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Crypto Markets Hit New 2019 Top as Bitcoin Cranks Higher to $6.3k
End of the week has seen crypto markets hit another new high for 2019.
Bitcoin is pushing things higher as it eats away at the altcoins and itself posts new highs for the year.
Total market capitalization just passed $190 billion for the first time since November 2018.
The end of the week has seen crypto markets hit another new high for 2019. Bitcoin is pushing things higher as it eats away at the altcoins and itself posts new highs for the year. Total market capitalization just passed $190 billion for the first time since November 2018.
A new yearly high of just below $6,300 was made by Bitcoin a couple of hours ago. It has not dropped below $6k
since breaching the psychological barrier in early trading yesterday
and has pushed on a further 3 percent today. The big move has taken BTC
volume up to $18 billion and market cap over $110 billion. Its dominance
is now at a 17 month high of 58 percent, a level not seen since the big
surge at the end of 2017.
The big move by BTC has pulled Ethereum up a little as it approaches
$175. On the downside ETH market share has been eaten away to under ten
percent as it remains sluggish.
The top ten is mostly red at the moment with only Litecoin making any
positive momentum as it reaches $77 with 2.5 percent added on the day.
Binance Coin is getting dumped dropping 8 percent back to $19 and XRP
and Stellar continue to get eroded losing another couple of percent
today.
There is greater pain in the top twenty as altcoins get assaulted by
their big brother. Cosmos has been smashed 8 percent to fall below $4
and Tron and Maker have both lost over 4 percent over the past 24 hours.
The rest are losing a couple of percent each as Bitcoin continues to consume them.
FOMO: Arcblock Still Pumping
Yesterday’s fomo driven pump has rolled into another day as ABT
surges a further 40 percent lifting its position to 76th. South Koreans
are all over this one as Bithumb dominates the trade volume in KRW.
Social media tipping based altcoin ReddCoin is also flying at the moment
with a gain of 18 percent on the back of Facebook’s rumored foray into
crypto. Aurora is back again with another pump today of 15 percent which
will dump tomorrow.
Speaking of dumps, WAX is in bad shape as it drops 9 percent as the
top one hundred’s biggest loser. BNB and Cosmos are not far behind
dumping 8 percent each.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has reached a new high for the
year at $192 billion. The $4 billion, or two percent, gain on the day is
largely due to Bitcoin which is a steamroller at the moment. Total
daily volume is at its highest level for the week at $54 billion as
markets slowly grind towards $200 billion.
Market Wrap is a section that takes a daily look at the top
cryptocurrencies during the current trading session and analyses the
best-performing ones, looking for trends and possible fundamentals.
