Posted by AGORACOM-JC
at 10:03 AM on Monday, May 6th, 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.
——————-
PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,†the trial set out to examine if blockchain could address “industry challenges†in programmatic advertising.
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,†the trial set out to examine if blockchain
could address “industry challenges†in programmatic advertising.
PepsiCo’s project partner and media agency Mindshare announced the
news Monday, saying that it assisted in the trial, which carried out
a programmatic end-to-end supply chain reconciliation using Zilliqa’s
blockchain platform. The effort compared a control budget with one for
the test to gauge the effectiveness of the technology.
Zilliqa’s smart contracts were further used to automate the programmatic supply chain, Mindshare said, explaining:
“These smart contracts reconcile impressions that are delivered from
multiple data sources with payments facilitated using an internal Native
Alliance Token (NAT) all in near real time, resulting in major
efficiency gains and complete transparency for the brand owners.â€
The results indicated efficiency increases “in terms of costs for
viewable impressions, in running the campaign through smart contracts,
versus one without,†according to Mindshare.
Other partners in the project included online advertising company
Rubicon, programmatic marketing technology firm MediaMath and media firm
Integral Ad Science.
The trial was conducted in March in the Asia Pacific region. The
partners now plan to run a second phase with the addition of payments to
publishers and more performance metrics.
Farida Shakhshir, PepsiCo’s director of consumer engagement for the Asia, Middle East and North Africa regions, said:
“The results are encouraging, and we plan to run a few more campaigns
under different conditions to verify more hypotheses and measure
overall impact.â€
Posted by AGORACOM-JC
at 9:30 PM on Sunday, May 5th, 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.
——————-
Amazing! Ripple Inks a Deal with a $40 Billion Money Transfer Giant
Ria Money Transfer will use RippleNet to facilitate real-time blockchain-powered global payments
Ria Money Transfer’s yearly money transfer volume is approximately $40 billion.
By CCN: Ripple has announced its latest partnership. Ria Money Transfer will use RippleNet to facilitate real-time blockchain-powered global payments. XRP, of which Ripple is the largest holder, is up 1% today.
The XRP price is down 16% year-to-date. | Source: CoinMarketCap
Ria Money Transfer’s yearly money transfer volume is approximately
$40 billion. They rank as the No. 2 service provider in the remittance
industry. Ria will leverage RippleNet technology to gain access to
hundreds of financial institutions in Ripple’s
global blockchain payment network. Some of the most recently added
RippleNet customers include WorldCom Finance and BFC Bahrain, to name a
couple.
According to a report published by BlockData,
money transfer platforms are better off utilizing blockchain-based
solutions as they greatly reduce the transaction time and fees attracted
per transaction.
⚡️Remittance settlement time is 388 times faster on blockchain than traditional channels⚡️
Ripple will benefit from the extensive reach Ria enjoys within the
global remittance market and will significantly expand its status in
fintech. One of the advantages highlighted on Ripple’s website is the access RippleNet customers will gain to Ria’s global fintech ecosystem.
The remittance industry is set to be worth $1 trillion by 2022, according to a report released by BlockData. In 2017, which is the latest data recorded, some $150 billion in remittances
was sent from the U.S. alone. Globally, the amount is closer to $625
billion in the same year, reflecting an increase of 6% vs. 2016.
Ripple has continuously improved its platform to ensure a large
percentage of remittance volume passes through its payment solutions
such as RippleNet, xCurrent, and xVia.
Ripple’s strategy includes simultaneously partnering with several
platforms to expand its services globally by creating corridors in
specific regions.
InstaREM, RationalFX, Remitr, FlutterWave, and BeeTech have all
partnered with Ripple for the development of services centered around
the Ripple ecosystem.
Push for Global Adoption
Ripple’s partnership with Ria follows hot on the heels of Saudi British Bank (SABB) announcing they plan to use the blockchain for their Instant Cross-Border Transfer Service.
With nearly $50 billion in assets, the partnership catapults the
blockchain startup closer to its goal of overtaking SWIFT as the
dominant global payments provider. Dan Morgan, Ripple’s head of
regulatory relations, recently stated:
“Unlike the growing trend to try and keep crypto assets separate from
financial institutions, we should see them as an additive to the
financial ecosystem.â€
Posted by AGORACOM-JC
at 9:00 PM on Sunday, May 5th, 2019
SPONSOR: Good Life Networks (GOOD:TSX-V)
Video advertising is the future! Company’s A.I. makes 80,000
calculations / second, targeting 750 million users to deliver higher
prices and volume. Company announced FY2018 trailing pro forma of ~
$48,000,000 with Adjusted EBITDA of $7,100,000 Click here for more information.
GOOD: TSX-V
—————————
Zeta Global Acquires Sizmek’s Data and Programmatic Platform
Zeta Global’s acquisition of Sizmek assets is impactful to the current programmatic marketplace because the resulting Zeta DSP will mark the first time that data of this quality and depth is offered in a DSP and will be at no cost
Zeta owns the third largest data set in the world with 2.2 billion probabilistic profiles and 750 million connected, deterministic profiles in its database.
The deal signifies a new monetization pipeline for the company and a superior DSP coming to market
New York: Zeta Global,
a data-driven marketing technology company that helps brands acquire
more customers, retain them longer and grow their value, today announced
that it has closed the acquisition of certain assets from online
advertising technology company Sizmek.
Zeta Global’s acquisition of Sizmek assets is impactful to the
current programmatic marketplace because the resulting Zeta DSP will
mark the first time that data of this quality and depth is offered in a
DSP and will be at no cost. Zeta owns the third largest data set in the
world with 2.2 billion probabilistic profiles and 750 million connected,
deterministic profiles in its database.
“We look forward to welcoming the talented Sizmek DSP and DMP teams
and integrating their technology into our data and marketing clouds to
deliver a uniquely valuable solution for clients and partners,”
said David A. Steinberg, Zeta Global CEO, Chairman and Co-Founder.
Under the terms of the acquisition, Zeta now owns Sizmek’s DSP and
DMP platforms and is hiring over 200 Sizmek employees. Zeta will soon
make its proprietary data cloud and AI derived audiences available to
Sizmek clients and partners . “We are witnessing the convergence of the
world’s best AI with identity and intent data,†said Mike Caprio, former
Chief Growth Officer for Sizmek, now a Divisional President for Zeta.
“We’re excited to see this acquisition come together and believe that
the combined company is better positioned to help our clients improve
performance – across channels and across the customer lifecycle.â€
Forrester principal analyst Joe Stanhope and author of the recent
report A More Perfect Union: Adtech And Martech Convergence Will
Revolutionize Marketing commented, “Convergence is happening and it will
affect tens of billions of dollars in marketing spend. Connecting and
delivering customer interactions across touchpoints and devices is
pushing marketers’ current analysis, orchestration, and execution
capabilities to their limits. Nowhere is the struggle more acute than
efforts to build stronger connections between advertising and marketing,
which promises tremendous potential synergies in coordinating insights,
profiles, targeting, personalization, and execution.”
Speaking exclusively to MarTech Advisor David A. Steinberg Zeta CEO,
added, “This acquisition brings a proprietary data cloud combined with a
world-class DSP to the programmatic marketplace for the first time. The
resulting Zeta DSP will mark the first time that data of this quality
and depth is offered in a DSP, at no cost, as a part of using our
platform,†said David A. Steinberg, CEO of Zeta Global. “Zeta owns the
third largest data set in the world with 2.2 billion probabilistic
profiles and 750 million connected, deterministic profiles in its
database. We are excited to service our clients through this united
company and look forward to the weeks and months ahead as we integrate.â€
Posted by AGORACOM-JC
at 3:03 PM on Friday, May 3rd, 2019
Announced the receipt of an interim progress report from PyroGenesis (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition
PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal
To validate material selection, experimental tests, focused on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™
For the material chosen for the GEN3, the test were deemed a success since inspection after the test showed no silicon melt attack to the material and no dissolution of the walls by liquid metal
MONTREAL, May 03, 2019 — HPQ Silicon Resources Inc. (HPQ) (TSX-V:“HPQâ€)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesisâ€) (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition.
The PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal. This is why parts of the system which are in proximity of the high temperature regions and liquid metal need to be lined with material that is compatible with the harsh environment. To validate material selection, experimental tests, focused on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™.
GEN2 AN INVALUABLE ASSET THAT ALLOWS TESTING UNDER ACTUAL OPERATIONAL CONDITIONS
The GEN2 tests conducted to study the compatibility of the material
chosen were done under actual operational conditions, whereby once a
pool of silicon metal was created inside the reactor, the tap hole was
opened to drain metal out of the reactor and the reactor was inspected
for damages or un-expected wear and tear.
For the material chosen for the GEN3, the test were deemed a success
since inspection after the test showed no silicon melt attack to the
material and no dissolution of the walls by liquid metal.
“This is another demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project†said Bernard J. Tourillon President and CEO of HPQ Silicon Resources. “We are none only reducing the overall risk of the project, we have also ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal“.
Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief
Strategist of PyroGenesis has reviewed and approved the technical
content of this press release.
In accordance with the agreement between HPQ-Silicon and Agoracom,
entered into on July 3, 2014, extended by both parties for additional
periods ending July 15, 2018 and July 15, 2019 under the same terms and
conditions, HPQ-Silicon board has approved the issuance of 188,333
common shares at a deemed price of 7,5 cents per share to pay $14,125
for services rendered during the period from July 16, 2018 ending
October 15, 2018 and HPQ board has also approved the issuance of 235,416
common shares at a deemed price of 6 cents per share to pay $14,125 for
services rendered during the period from October 16, 2018 ending
January 15, 2019. Each share issued pursuant to the debt settlement
will have a mandatory four (4) month and one (1) day holding period from
the date of closing.
Furthermore, the Directors of the Corporation have agreed to settle a
$75,000.00 debt for services rendered by a service provider to the
Corporation by issuing 750,000 units (“Unit”) at a price of $0.10 per
Unit. Each Unit is comprised of 1 common share and 1 common share
purchase warrant of the Corporation. Each Warrant will entitle the
holder thereof to purchase one common share of the capital stock of the
Company at an exercise price of $ 0.15 per share for a period of 24
months. Each share issued pursuant to the debt settlement will have a
mandatory four (4) month and one (1) day holding period from the date of
closing. This settlement is subject to the approval of the TSX Venture
Exchange.
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.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Siâ€) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.
HPQ’s goal is to develop, in collaboration with industry leaders,
PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of
interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)â€, a
new Carbothermic process (patent pending), which will permit the
transformation and purification of quartz (SiO2) into high purity
silicon metal (4N+ Si) in one step and therefore reduce significantly
the CAPEX and OPEX costs associated with a metallurgical transformation
of quartz (SiO2) into SoG Si. The pilot plant equipment that will
validate the commercial potential of the process is on schedule to start
mid-2019
Disclaimers:
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 securities 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 www.HPQSilicon.com
Posted by AGORACOM-JC
at 11:08 AM on Friday, May 3rd, 2019
Launched a new series of local community gaming meetups taking place several times throughout the year in major cities across North America and Europe
In addition to the large-scale expo format of EGLX, its feature annual event currently in Toronto, the Company adds to its portfolio a multinational series of smaller, and more intimate, local meetups to deepen its connection with lifestyle gamers
TORONTO, May 03, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€) is excited to announce that it has launched a new series of local community gaming meetups taking place several times throughout the year in major cities across North America and Europe. In addition to the large-scale expo format of EGLX, its feature annual event currently in Toronto, the Company adds to its portfolio a multinational series of smaller, and more intimate, local meetups to deepen its connection with lifestyle gamers.
Delivering On The Mission Statement
Enthusiast Gaming’s mission statement is to become the largest
community of passionate, lifestyle gamers worldwide and this gives
Enthusiast the opportunity to provide in-person communities to gamers
throughout the year and service more regions.
While Enthusiast’s online communities provide gamers with the ability
to create content and connect socially online, the company’s strategy
and belief is that a lifestyle community is most successful when it
provides touchpoints, both online and offline. The series of meetups are
designed to engage local gaming enthusiasts and provide an in-person,
interactive gaming experience.
Similar to the Company’s online communities of dedicated gaming
enthusiasts, Enthusiast aims to provide gamers within their local
communities a place to connect, meet and share. Enthusiast’s online
properties have provided gamers with niche gaming content and
communities that cater to unique, individual passions encompassing all
aspects of the gaming ecosystem. From inception, Enthusiast has been
strategically focused on either organically building or acquiring
digital properties which cover the broad spectrum of gamers individual
interests including games, like The Sims Resource (www.thesimsresource.com); specific consoles, like Nintendo Enthusiast (www.nintendoenthusiast.com); or a genre, like esports, with Daily Esports (www.dailyesports.gg) to name a few.
Highlights of the Event
Some of the key highlights of the events are:
Gaming celebrities and influencers will have a chance to connect with their local community
Smaller local tournaments will have the opportunity to flourish
Lifestyle gamers will have a chance to discover and connect with their peers
Sponsors will have the opportunity to target a highly segmented, local gaming crowd with activations and giveaways
Indie developers will get a live enthusiastic crowd to try out their new games
Activities such as gaming trivia and cosplay competitions
Pilot activities and activations that would graduate to the main event if successful
Melanie Azagury, EGLX Project Manager comments, “It
was evident from the feedback and success of our large events that the
gaming community wants more frequent and intimate gamer events. Our
mission is to provide the lifestyle gaming enthusiast those places and
communities to gather, share, discover and connect and these series are
the perfect way to both give the local gaming community a local hub but
also allow us to understand and get to know the community even better.
Working in conjunction with our growing advertiser base who share these
ideas, we hope to provide giveaways and custom unique activations and
programs at these events.â€
Back to Enthusiast’s Roots
The gaming meetups mirror the early days of the Enthusiast Gaming
Live Expo, EGLX, where the Company hosted events at a local pub in
Toronto with around 100 attendees. These events continued to grow,
graduating to a hotel with 300 attendees, and eventually, to an
exhibition space, where the first expo was held in 2015 with 1700
attendees. These grassroots events evolved into Canada’s largest video
game expo with approximately 55,000 attendees in 2018. EGLX will
continue to evolve and grow with multi city and US expansion currently
planned for 2020.
The first event of the series is confirmed for Saturday, June 1, 2019
at the Hive Esports, Toronto’s premier gaming hub at 49 St Clair Ave W,
Toronto, Ontario. Every few months, the Company plans to expand to
additional major cities as it broadens the reach of the event. More
details of the events will follow
Founded in 2014, Enthusiast Gaming is the largest vertically
integrated video game company and has the fastest-growing online
community of video gamers. Through the Company’s unique acquisition
strategy, it has a platform of over 80 owned and affiliated websites and
currently reaches over 75 million monthly visitors with its unique and
curated content and over 50 million YouTube visitors. Enthusiast also
owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live
Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
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.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Posted by AGORACOM-JC
at 10:37 AM on Friday, May 3rd, 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
Tesla warns of upcoming shortages of battery minerals, like nickel, copper, & lithium
Tesla is worried that there soon will be some upcoming global shortages of minerals used to make batteries for electric cars, like nickel, copper, and lithium.
The battery supply chain is an essential part of the electric revolution and the automakers who want to achieve mass production, like Tesla, need to be involved in every aspect of it.
Tesla is worried that there soon will be some upcoming global
shortages of minerals used to make batteries for electric cars, like
nickel, copper, and lithium.
The electric revolution in the auto industry is increasing the demand
for batteries at an incredible pace and in turn, it’s increasing the
demand for some specific minerals used in the production of li-ion
battery cells.
It’s difficult to understand just how big of an impact electric vehicles are on the battery market.
For example, Tesla became the world’s biggest battery consumer just a
few years after achieving volume production of its electric vehicles.
At a Benchmark Minerals Intelligence conference today in Washington,
Sarah Maryssael, Tesla’s global supply manager for battery metals, said
that the automaker is concerned about some of those minerals, according
to sources at the event via Reuters:
“Sarah Maryssael, Tesla’s global supply manager for battery metals,
told a closed-door Washington conference of miners, regulators and
lawmakers that the automaker sees a shortage of key EV minerals coming
in the near future, according to the sources.â€
Update: Reuters updated their story to that a Tesla
spokesman said: the comments were industry-specific and referring to the
long-term supply challenges that may occur with regards to these
metals.
Many companies are worried about cobalt, which is not widely mined.
Tesla uses less cobalt on average in its batteries than the rest of the
industry.
Instead, Tesla is more concerned with nickel even though its more widely mined around the world:
“Maryssael added, according to the sources, that Tesla will continue
to focus more on nickel, part of a plan by Chief Executive Elon Musk to
use less cobalt in battery cathodes. Cobalt is primarily mined in the
Democratic Republic of the Congo, and some extraction techniques –
especially those using child labor – have made its use deeply unpopular
across the battery industry, especially with Musk.â€
The Tesla executive also said that the automaker sees “huge potential†to work with mines in Australia or the United States.
The battery supply chain is an essential part of the electric
revolution and the automakers who want to achieve mass production, like
Tesla, need to be involved in every aspect of it.
Tesla knows that and it has been deeply involved down to the mining
level since embarking in the Gigafactory 1 project with Panasonic.
The company rarely comments on supply problems at the mineral level and when it has in the past, it mainly brushed off concerns.
That’s partly because cobalt has been the main concern for many
automakers and Tesla’s use in cobalt in its proprietary battery
chemistry is somewhat limited.
Nickel and copper are the most common minerals in its batteries, but there are also the most commonly mined.
It’s interesting that they are now warning that there could be
shortages. It’s another indication that the growth in the industry is
going to happen fast in the next few years with so many different mass
market EV programs in the work.
Those are good problems to have because they indicate that we are
going in the right direction and they are somewhat easily solvable. They
just require investments.
Posted by AGORACOM-JC
at 7:36 AM on Friday, May 3rd, 2019
Filed registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed offering of its securities
Proposed maximum aggregate offering is $11,500,000.
BIRKIRKARA, Malta, May 03, 2019 — Esports Entertainment Group, Inc. (GMBL:OTCQB) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed offering of its securities. Though the number and type of securities to be offered and the price range for the offering have not yet been determined, the proposed maximum aggregate offering is $11,500,000.
The Company expects to use the net proceeds from the proposed offering for the following purposes:
In connection with obtaining our proposed license in, and establishing operations in Malta;
To obtain an online gaming license from, and establish operations in, an Asian country to be selected;
To develop and launch our skill-based video game tournaments for play on mobile devices;
To develop and launch our skill-based video game tournaments for play on PCs and video game consoles;
To upgrade sales and marketing capabilities
To purchase from a related party a software license for our gambling platform; and
Working capital and other general corporate purposes.
Joseph Gunnar & Co. and Dinosaur Financial Group will be co-underwriters for the proposed offering.
The offering of the Company’s securities will be made only by means of a prospectus.
When available, a copy of the preliminary prospectus related to the offering may be obtained from:
Esports Entertainment Group, Inc., 170 Pater House, Psaila Street,
Birkirkara, Malta, Attn: Grant Johnson, CEO, by calling +356-2757-7000,
or by emailing [email protected];
Joseph Gunnar & Co., LLC, 30 Broad Street, 11th Floor, New York, NY 10004, by calling 212-440-9600, or by emailing [email protected];
Dinosaur Financial Group, LLC, 470 Park Avenue South, 9th Floor, New York, NY 10016, by calling 212-448-9944, or by emailing [email protected].
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be any
sale of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of that jurisdiction.
This press release is available on our Online Investor Relations
Community for shareholders and potential shareholders to ask questions,
receive answers and collaborate with management in a fully moderated
forum at https://agoracom.com/ir/EsportsEntertainmentGroup
Esports Entertainment Group, Inc. is a licensed online gambling
company with a specific focus on esports wagering and 18+ gaming.
Esports Entertainment offers bet exchange style wagering on esports
events in a licensed, regulated and secure platform to the global
esports audience at vie.gg.
In addition, Esports Entertainment intends to offer users from around
the world the ability to participate in multi-player mobile and PC video
game tournaments for cash prizes. Esports Entertainment is led by a
team of industry professionals and technical experts from the online
gambling and the video game industries, and esports. The Company holds
licenses to conduct online gambling and 18+ gaming on a global basis in
Curacao, Kingdom of the Netherlands. The Company maintains offices in
Malta, Curacao and Warsaw, Poland. Esports Entertainment common stock is
listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com.
FORWARD-LOOKING STATEMENTS The
information contained herein includes forward-looking statements. These
statements relate to future events or to our future financial
performance, and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements. You should not place undue
reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors which are, in some cases,
beyond our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements. Any
forward-looking statement reflects our current views with respect to
future events and is subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations, growth
strategy and liquidity. We assume no obligation to publicly update or
revise these forward-looking statements for any reason, or to update the
reasons actual results could differ materially from those anticipated
in these forward-looking statements, even if new information becomes
available in the future. The safe harbor for forward-looking statements
contained in the Securities Litigation Reform Act of 1995 protects
companies from liability for their forward-looking statements if they
comply with the requirements of the Act.
Posted by AGORACOM-JC
at 3:36 PM on Thursday, May 2nd, 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 ———————————-
Esports organisation Immortals raises $30 million in funding
Global esports organisation Immortals has raised $30 million after closing a Series B funding round.
Primary investors included existing Immortals shareholders AEG, Lionsgate, the Milken Family, Steve Kaplan and Meg Whitman.
Global esports organisation Immortals has raised $30 million after closing a Series B funding round.
Primary investors included existing Immortals shareholders AEG,
Lionsgate, the Milken Family, Steve Kaplan and Meg Whitman. March
Capital Partners and John Griffin were named as new non-shareholder
investors.
Immortals has also acquired Brazilian matchmaking platform Gamers
Club, as well as rebranded its holding company as Immortals Gaming Club.
IGC Esports will operate the firm’s competitive esports rosters in
Los Angeles while Gamer Club will continue to look after the
Counter-Strike: Global Offensive community hub in Brazil, with expansion
into further territories planned for the future.
Premier platform
“Bringing together a premier platform in Gamers Club and our core
esports team operations is a critical and exciting step in enabling IGC
to become a vertically integrated, truly global esports and gaming
organisation,†said Immortals CEO Ari Segal.
“This fundraise is a major milestone in the evolution of this
organisation and furthers our ambition to build a distinctive,
best-in-class esports and gaming organisation.â€
Gamers Club co-founder Yuri Uchiyama added: “IGC’s vision to unite
esports and gaming platforms will deliver the best possible experience
for current and future members of the Gamers Club community. We look
forward to working with IGC to create this best in class experience
across Counter-Strike and other games.â€
Learn more about competitive gaming on the Esports Academy track at Pocket Gamer Connects Seattle on May 13th and 14th.
Posted by AGORACOM-JC
at 2:00 PM on Thursday, May 2nd, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
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——————-
Central Banks Settle Cross-Border Payments With Blockchain for First Time
Central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies.
The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed “great potential to increase efficiencies and reduce risks for cross-border payments.â€
The central banks of Canada and Singapore have concluded a trial of
cross-border payments using blockchain technology and central bank
digital currencies.
The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday
that the successful trial – the first of its kind between two central
banks – showed “great potential to increase efficiencies and reduce
risks for cross-border payments.â€
The effort saw BoC and MAS linking up their respective blockchain
projects, Jasper and Ubin, which are built on two different blockchain
networks: R3’s Corda and JPMorgan’s Quorum, respectively. The two
networks were connected using a technique called hashed time-locked contracts and allowed direct Payment versus Payment (PvP) settlement without the use of an intermediary.
Lending tech support for the project were Accenture and JPMorgan,
which assisted development of the Canadian project on Corda and the
Singapore project on Quorum, respectively.
Scott Hendry, Bank of Canada’s senior special director for financial technology, said:
“The world of cross-border payments is complicated and expensive: our
exploratory journey into the use of DLT [distributed ledger technology]
to try to reduce some of the costs and improve traceability of these
payments has yielded many lessons.â€
Jasper and Ubin have been in progress since as far back as 2016 as part of efforts to increase the efficiency of banking payments.
“The successful outcome of the Jasper-Ubin project is a big milestone
for the modernization of cross-border, cross-currency transactions,â€
said Accenture’s managing director and global blockchain lead, David
Treat
The two central banks have also jointly published a report describing the different design options to enable such settlement systems and stating:
“A fragmented world, with differing standards, processes, norms, and
regulations is the key challenge in cross-border payments today. DLT
could offer an easier and faster path towards adoption than a
centralized approach because it can leave the different jurisdictions
involved in control of their portion of the network while allowing for
tight integration with the rest of the network.â€
However, they added that the Jasper-Ubin project is experimental in
nature and whether the two will eventually use blockchain technology for
“high-value†cross-border payments “remains to be seen.â€
The BoC and MAS further called on other central banks, financial
institutions and tech firms to join the initiative in making
cross-border payments “cheaper, faster and safer.â€
Posted by AGORACOM-JC
at 12:25 PM on Thursday, May 2nd, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.
NBUD: CSE
—————
More Canadians smoking up and buying it from legal sources
A new report on cannabis use in Canada shows how many have tried it for the first time, how many smoke daily, and how many think it is okay to drive within two hours of smoking up.
It said 5.3-million Canadians or 18 per cent over the age of 15 admitted to using cannabis within the past three months
That is an increase from 14 per cent during the same period last year before legal recreational use.
A new report on cannabis use in Canada shows how many have tried it
for the first time, how many smoke daily, and how many think it is okay
to drive within two hours of smoking up.
It said 5.3-million Canadians or 18 per cent over the age of 15
admitted to using cannabis within the past three months. That is an
increase from 14 per cent during the same period last year before legal
recreational use. In Ontario, one in five residents used in the first
quarter of 2019 compared to 14 per cent during that period in 2018.
An increase among men aged 45 to 64 partially explains the rise. It
went up to 22 per cent from 16 per cent a year ago, while use among
women remained stagnant at 13 per cent.
Some 646,000 people admitted to trying it for the first time, while
others had used it in the past but tried it again after abstaining for
years. Older users accounted for a third of all people who sampled for
the first time.
The percentage of daily users did not change from 2018, but there were more weekly and occasional consumers.
The report also showed that more people are buying their cannabis
from legal sources. Statistics Canada says 47 per cent of users obtained
solely from legitimate sources, like the Ontario Cannabis Store or
legal retail marijuana stores, while 38 per cent got it illegally, down
from 51 per cent last year. The rest used a mix of legal and illegal
sources.
Cannabis use and driving still present a safety concern. The agency
said half of Canadians believe it is safe to drive after three hours of
using cannabis, but 15 per cent believed it was safe to get behind the
wheel less than two hours afterwards. Many of those who drove earlier
also said they had been passengers in a vehicle where the driver
consumed cannabis within two hours of driving.
More than half a million Canadians also confessed to either using
cannabis right before going to work or while on the job. About 27 per
cent of those people were daily users.
Tags: Cannabis, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – More Canadians smoking up and buying it from legal sources $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
