Posted by AGORACOM-JC
at 7:47 AM on Thursday, October 10th, 2019
Combined experience with gaming brands Electronic Arts, PlayStation and Sony
Sales team will build customized, targeted advertising
programs for brands looking to target Enthusiast’s monthly reach of 200
million gamers
A focus on a direct sales strategy will increase revenue per user and provide good value for advertisers
TORONTO, Oct. 10, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX)(FSE: 2AV) (“Enthusiast Gaming†or the “Companyâ€) announced today it has hired an executive sales team across North America to help drive direct advertising sales across Enthusiast Gaming’s platform, the largest gaming network in the U.S.
Enthusiast Gaming is excited to welcome the new team, led by Jon
Dwyer, SVP, Head of Sales and Special Partnerships; Amanda Rubin, VP
Sales, East Coast and Rob Frohling, VP Sales, West Coast. The team
brings extensive experience in gaming media sales with brands like
Electronic Arts (“EAâ€), PlayStation and Sony. The new
sales team will build out our offices in LA, NY and Toronto, engaging
new and existing relationships with brands and agencies.
Menashe Kestenbaum, President of Enthusiast Gaming commented, “We
are excited to welcome Jon, Rob and Amanda to our family! We are
honored they chose Enthusiast, recognizing the strength in our
organization, as the as the largest gaming network in the U.S.
with a global monthly audience of over 200 million. Their combined sales
experience in gaming media, with leading gaming brands like EA,
PlayStation, and Sony Crackle will be key for the growth of our
business. Our clients will see immediate value as the team brings deep
subject matter expertise, and strong reputations and relationships which
will help support our existing clients and bring in new partners across
new verticals.â€
Enthusiast Gaming’s platform generates over 30 billion ad requests
and over 1 billion page views a month. To date, over 95% of Enthusiast
Gaming’s revenue generated has been from programmatic advertising; as
such implementing a direct sales strategy will enable the Company to
drive revenue per user and increase revenue per CPM (cost per thousand
impressions). The direct sales team will allow the Company to monetize
across the entire platform of 100 websites, 900 YouTube channels, 7
professional esports teams and over 50 gaming and esports influencers.
Direct conversations with brands and agencies will also allow Enthusiast
to capitalize on its reach of over 200 million gaming enthusiasts, with
custom, direct marketing and promotional campaigns.
Enthusiast Gaming’s business is made up of three key pillars: Media,
Esports and Events. As one of the gaming industry’s fastest growing
companies with a significant global network of gamers, Enthusiast Gaming
enables brands and agencies to reach the sought after millennial target
audience, with a customizable, unique program across all three
pillars. The Company has partnered with some of the world’s leading
brands, including Activision Blizzard, Ubisoft, Foodora, Nintendo, Bell,
and Microsoft. Establishing a sales team will be important to continue
fostering relationships and driving revenue with brands directly.
Jon Dwyer, SVP, Head of Sales & Special Partnerships
With over 15 years’ experience in sales, business development and
marketing, Jon has been CEO and Director of various companies across
various industries, including technology, biotech and industrial. Jon
was previously Managing Director of Aereus Technologies, where he was
responsible for day to day operations and M&A financings. Prior to
Aereus, Jon was founder and CEO of Flax Energy.
Amanda Rubin, VP Sales, East Coast
Amanda Rubin brings over 10 years’ experience in media and
advertising to the Enthusiast Gaming team. Initially starting her career
in digital as a marketer, planner and buyer of emerging media, Amanda
has worked for large brands like Ralph Lauren, Woven Digital and most
recently, EA. Before Enthusiast Gaming, Amanda was the Manager, East
Coast Sales, at EA. As part of EA’s global brand partnership team,
Amanda was the Client Lead on relationships with brands such as Verizon,
Coca-Cola, Bose and NBCU. Amanda has worked directly with clients such
as Coca-Cola, Bose, GSK, PUMA, New Era, NBCU, Verizon, Tracfone,
L’Oreal, Reebok, and New Balance.
Rob Frohling, VP Sales, West Coast
Prior to joining Enthusiast Gaming, Rob served 4 years as Senior
Account Executive of Digital Advertising Sales for Sony Pictures
Television and PlayStation. He helped build their OTT / video ad sales
while also heading up their branded content and sponsorship business for
Emmy nominated original shows like Comedians in Cars Getting Coffee and
SuperMansion. Rob also helped create custom, native advertising
business on Sony PlayStation and PlayStation VR with overall revenue
responsibility and OTT advertising leadership for Sony Crackle,
PlayStation, PlayStation Vue, Pluto TV and Funimation streaming TV
services. Before Sony, Rob spent 2 years as Account Executive of
National Ad Sales for Outfront Media, the largest Out Of Home
organization in North America. Rob is recognized as an agent of change
in Connected TV/Over the Top (OTT) Video, Mobile and Console Gaming
Advertising with a high energy approach to exceeding revenue targets.
About Enthusiast Gaming
Enthusiast Gaming (TSX.V: EGLX)(FSE: 2AV) is building the largest
network of gaming and esports communities in the world. Already the
largest gaming network in the U.S, the Company’s business is comprised
of three main pillars: Media, Events, Esports. Enthusiast Gaming’s
digital media platform includes +100 gaming related websites and 900
YouTube channels which collectively reach 150 million visitors monthly
with over 1 billion page views. Enthusiast’s esports division,
Luminosity Gaming, a leading global esports franchise consists of 7
professional esports teams under ownership and management, including the
#1 ranked Overwatch team, the Vancouver Titans, and over 50 gaming
influencers with a total audience of 60 million followers. Collectively,
the integrated ecosystem reaches over 200 million gaming enthusiasts on
a monthly basis. Enthusiast Gaming’s event business, owns and operates
Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.com) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.
CONTACT INFORMATION:
Investor Relations:
Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
Forward-Looking Information
Certain statements in this release are forward-looking
statements. Forward looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such statements
are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in
the statements, including risks related to factors beyond the control
of Enthusiast Gaming. The risks include risks that are customary to
transactions of this nature and customary to companies which have their
stock traded on the TSXV. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or, if
they do occur, what benefits Enthusiast Gaming will obtain from them.
This press release does not constitute an offer to sell or
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 Act of 1933, as amended (the “U.S.
Securities Actâ€) or any state securities laws and may not be offered or
sold within the United States or to a U.S. Person unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
Neither 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.
Posted by AGORACOM-JC
at 7:43 AM on Thursday, October 10th, 2019
Patient visits in corporate clinics increase by triple digits, with September 2019 patients seen increasing by 307% to 1,884 versus September 2018 with 614 patients seen
Launching seven new modalities and services for patients in the Sun Valley Health clinics
VANCOUVER, Oct. 10, 2019Â – EMPOWER CLINICS INC. (CSE: CBDT) (OTC: EPWCF) (Frankfurt 8EC) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, a multi-state operator of medical health & wellness clinics, a CBD product producer and operator of an extraction facility in Oregon, is pleased to announce it is launching seven new modalities and services for patients in the Sun Valley Health clinics commencing Monday October 14th, 2019.
The Company also has patient visits in corporate clinics increase by triple digits, with September 2019 patients seen increasing by 307% to 1,884 versus September 2018 with 614 patients seen.
“The tremendous year-over-year increase in patient visits is a
testament to the operating strengths and patient management demonstrated
by our clinic team members, each and every day,” said Steven McAuley,
CEO of Empower. “Their passion for patient wellbeing and the use of
numerous communication tools ensures world-class service is provided
throughout the entire patient journey.”
As part of the Company’s continued expansion of our health &
wellness clinic model, we have already set up retail CBD product sales
in-clinic, and now we have launched expanded physician based services.
New Modalities and Services
Physician’s CBD Enhanced Massage, Acupuncture, or Cupping Sessions
Neurotransmitter (urine) Profile & Physician Consultation/Action Plan
Spectracell Micronutrient Test & Physician Consultation/Action Plan
“By offering our new suite of laboratory testing, alternative health
consulting, and CBD therapies we are able to address the needs of our
current patients and serve the community outside of cannabis that are
seeking alternative health care,” states Dustin Klein,
Director & VP Business Development. “Incorporating our new
modalities, high quality vitamins, supplements, and CBD products into
our network of clinics is a natural progression toward our goal of
becoming the nation’s premier alternative healthcare provider.”
Additional UPDATES
New Modalities and Patient Services The Company continues to see patient visits in corporate clinics increase by triple digits, with September 2019 patients seen increasing by 307% to 1,884 over July 2018 614 patients seen.
Sun Valley Health Franchise Sun Valley Health www.sunvalleyhealth.com has been actively participating in various franchise and cannabis expos in St. Louis, Chicago and Houston
to market the Sun Valley Health franchise program, attracting numerous
qualified candidates for available territory locations. The Company has
accepted many applications and has provided the Franchise Disclosure
Document (FDD) to qualified applicants in anticipation of completing the
first initial territory sales.
ABOUT EMPOWER
Empower is a vertically-integrated health & wellness brand with
it’s first hemp-derived CBD extraction facility under development, the
Company produces its proprietary line of cannabidiol (CBD) based
products and distributes products through company owned and franchised
clinics, with wholesale partnerships, online channels and with new
retail opportunities nationwide in the U.S. The company is a leading
multi-state operator of a network of physician-staffed wellness clinics,
focused on helping patients improve and protect their health, through
innovative physician recommended treatment options. The company has
commenced activity on how to connect its significant data, to the
potential of the efficacy of alternative treatment options related to
hemp-derived cannabidiol (CBD) therapies.
ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley Chief Executive Officer
DISCLAIMER FOR FORWARD-LOOKING STATEMENTS
This news release contains certain “forward-looking statements”
or “forward-looking information” (collectively “forward looking
statements”) within the meaning of applicable Canadian securities laws.
All statements, other than statements of historical fact, are
forward-looking statements and are based on expectations, estimates and
projections as at the date of this news release. Forward-looking statements
can frequently be identified by words such as “plans”, “continues”,
“expects”, “projects”, “intends”, “believes”, “anticipates”,
“estimates”, “may”, “will”, “potential”, “proposed” and other similar
words, or information that certain events or conditions “may” or “will”
occur. Forward-looking statements in this news release include
statements regarding; the Company’s intention to open a hemp-based CBD
extraction facility, the expected benefits to the Company and its
shareholders as a result of the proposed acquisitions and partnerships;
the terms of the proposed acquisitions and partnerships; the
effectiveness of the extraction technology; the expected benefits for
Empower’s patient base and customers; the benefits of CBD based
products; the effect of the approval of the Farm Bill; the growth of the
Company’s patient list and that the Company will be positioned to be a
market-leading service provider for complex patient requirements in 2019
and beyond. Such statements are only projections, are based on
assumptions known to management at this time, and are subject to risks
and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
forward-looking statements, including; that the Company may not open a
hemp-based CBD extraction facility; that legislative changes may have an
adverse effect on the Company’s business and product development; that
the Company may not be able to obtain adequate financing to pursue its
business plan; general business, economic, competitive, political and
social uncertainties; failure to obtain any necessary approvals in
connection with the proposed acquisitions and partnerships; and other
factors beyond the Company’s control. No assurance can be given that any
of the events anticipated by the forward-looking statements will occur
or, if they do occur, what benefits the Company will obtain from them.
Readers are cautioned not to place undue reliance on the forward-looking
statements in this release, which are qualified in their entirety by
these cautionary statements. The Company is under no obligation, and
expressly disclaims any intention or obligation, to update or revise any
forward-looking statements in this release, whether as a result of new
information, future events or otherwise, except as expressly required by
applicable laws.
Tags: CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in Empower Clinics Inc., Featured | Comments Off on Empower Clinics $CBDT.ca Provides Corporate Updates Highlighting Triple Digit Patient Growth and Subsidiary Sun Valley Health Launches New Modalities and Patient Services $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca $FAF.ca
Posted by AGORACOM-JC
at 2:25 PM on Wednesday, October 9th, 2019
Business line behind the $20 million contract, plus subsequent years revenues is DROSRITE™
Client is Drosrite International LLC
This Contract meets PyroGenesis’ gross margin requirements
DI today announced that its client has received the final signature for aluminum dross processing services using DROSRITE™ systems, which in turn triggers an exclusive arrangement between DI and PyroGenesis
MONTREAL, Oct. 09, 2019 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, today announced that further to its press releases dated April 29th, 2019 and June 3rd, 2019, the business line behind the $20 million contract, plus subsequent years revenues (the “Contractâ€), is DROSRITE™, and the client is Drosrite International LLC (“DI†or the “Clientâ€). This Contract meets PyroGenesis’ gross margin requirements.
DI today announced that its client has received the final signature
for aluminum dross processing services using DROSRITE™ systems, which in
turn triggers an exclusive arrangement between DI and PyroGenesis (View DI’s Press Release).
DI is a US based private company duly constituted and existing under
the laws of the State of Delaware, providing state-of-the-art waste
management technologies to the aluminum industry. DI is duly licensed by
PyroGenesis to manufacture, market, sell and distribute DROSRITE™
systems and technology to the Kingdom of Saudi Arabia, and certain other
countries in the Middle East, on an exclusive basis. All DROSRITE™
systems supplied by DI are manufactured in the USA.
As part of the exclusive arrangement between DI and PyroGenesis, DI
will pay PyroGenesis approximately $20M within 12 months, plus $2.5 M
per year (fixed) for the next two (2) years, plus a variable amount for
the subsequent 18 years based on certain international benchmarks which
we are targeting to be approx. $2.5M.
As a result of this payment schedule, PyroGenesis expects to receive a
$6.4M payment towards this exclusivity arrangement within 2-4 weeks,
and subsequent payments of, on average, approximately $3.4M/quarter over
the next 12 months. Future payments are expected yearly in advance and
quarterly as the case may be.
“DROSRITE™ is clearly the product of choice for those with a need to
treat their dross,†said Mr. P. Peter Pascali, President and CEO of
PyroGenesis. “We are proud to see the DROSRITE™ technology being
accepted by some of the leading primary smelters in the industry. We
believe this news will have a profound effect in the marketplace, which
will lead to many inquiries, and accelerate those discussions already
taking place.â€
Of note, PyroGenesis’ Japanese trading house tolling partner is not
involved in this particular transaction as it was not part of the
original strategy to move forward.
For more details on today’s news, please refer to Drosrite International’s Press Release.1
About PyroGenesis Canada Inc.
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. Neither the TSX Venture Exchange, its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) nor the OTCQB accepts responsibility for the
adequacy or accuracy of this press release.
Posted by AGORACOM-JC
at 12:55 PM on Wednesday, October 9th, 2019
SPONSOR: NORTHBUD (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 —————————–
PODCAST: Why ‘cannabis 3.0’ is the real opportunity for Canada with Bruce Linton
Welcome to Down to Business, a weekly podcast from the Financial Post.
It’s been one year since Canada legalized the recreational cannabis
industry after a century of prohibition. But it’s just the beginning of
the journey from the black market to “cannabis 3.0.â€
In the lead-up to the election, Down to Business has focused on
business issues with a political twist. This week, host Emily Jackson
discusses the cannabis industry’s one-year legalization anniversary with
Bruce Linton, the former chief executive of Canopy Growth, Canada’s
largest cannabis company.
Linton discusses lessons from the first round of legalization for
recreational use, what to expect from the impending introduction of
cannabis infused beverages and edibles, and why Canada needs to focus on
“cannabis 3.0†if it wants to be a global leader.
Tags: Cannabis, CBD, CSE, Hemp, Marijuana, otc, stocks, tsx, tsx-v, weed Posted in North Bud Farms Inc | Comments Off on PODCAST: Why #cannabis 3.0 is the real opportunity for Canada with Bruce Linton – SPONSOR: #NORTHBUD $NBUD.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca
Posted by AGORACOM-JC
at 11:23 AM on Wednesday, October 9th, 2019
The gaming ecosystem is approaching a market share comparable to professional sports
Enthusiast Gaming has its eyes set on building the largest
community of authentic gamers to monetize and leverage their
market-leading analytics network
EGLX is the most adept enterprise at increasing fan engagement for its influencers and teams through its massive media portfolio
By: Eva Bieniarz
The gaming industry is colossal — there are more than 2.5 billion
gamers around the world, and the gaming market is set to grow to US$196 billion by 2022
alone! With a CAGR of nine per cent for the period 2018–2022, this
industry has become a legitimate rival to the traditional sports market.
To compare earnings, the global sports market generated US$488.5 billion in 2018,
whereas the global gaming industry hauled in US$135 billion. While both
segments are projected to see significant growth in the short term, the
gap is poised to shrink as gaming solidifies itself at the “heart of
the entertainment business,†according to Newzoo.
The gaming industry is also thriving based on its growing and diverse audience base. For instance, 65 per cent of American adults play video games, and the average gamer is only 34 years old.
Transforming the gaming world one acquisition at a time
Within this massive industry, Enthusiast Gaming (TSX.V: EGLX) is building the largest vertically integrated gaming media and esports company in the world.
As a newly listed public company by way of its merger with Luminosity
Gaming, J55, and Aquilini GameCo, the company is on track to make this
global vision a reality. One of the new conglomerate’s goals will be to
build out a central gamer data source from its three divisions (media,
events, influencers), to facilitate brands and advertisers.
Regarding the company’s merger and acquisition strategy, Menashe
Kestenbaum, president and founder of Enthusiast Gaming, explains,
“Enthusiast has an aggressive growth strategy through accretive
acquisitions, which allows us to scale the business quickly and
effectively.
“Our strategy is to acquire the leading digital communities across
the entire gaming ecosystem, which keeps our platform diversified and
agnostic. It also provides us with significant competitive advantage
against anyone trying to enter the space.â€
The company’s largest acquisition to date, The Sims Resource, is the
leading female gaming website in the world, generating $7 million in
revenue and $5.25 million in EBITDA (2018).
“This acquisition provided us with immediate access to the growing
female gaming demographic and 2.5 billion page views a year. The Sims
Resource also has a unique subscription model, which generates recurring
monthly revenue from over 60,000 subscribers. We see this as an
opportunity to adopt a similar model across our network of 85 websites
to drive future revenue growth,†Kestenbaum notes.
Enthusiast has an aggressive growth strategy through accretive
acquisitions, which allows us to scale the business quickly and
effectively. Our strategy is to acquire leading digital communities
across the gaming ecosystem, which keeps our platform diversified and
agnostic.Menashe Kestenbaum, President, Enthusiast Gaming Holdings Inc.
What Enthusiast’s merger means for esports
Enthusiast’s merger will make the company a leading publicly traded
esports and gaming organization, with $22 million in pro forma revenue
on the closing of the merger backed by $55 million in financing, with a
combined global audience reach of approximately 200 million.
So why is this merger so significant, and why did Enthusiast partner
with Aquilini GameCo? How, exactly, will this benefit the company in the
long run?
Well, since Enthusiast’s successful monetization strategy and wealth
of analytical data covers an abundance of demographics in the broader
gaming industry, the company’s knowledge can be combined with
Luminosity’s influencers and esports properties to create a unique
gaming ecosystem.
Enthusiast’s success in monetizing gaming properties will also allow
the company to monetize Luminosity’s championship esports franchise
through the same data-centric, ad tech approach to engage partnership
and advertising opportunities.
The fact that Enthusiast is merging with Aquilini GameCo gives the
company a huge boost to diversify and expand its presence across more
than merely sports and entertainment, but potentially food and
hospitality, living, and more.
Enthusiast is also party to a long-term services support agreement
with Vancouver Arena Limited Partnership (VALP), pursuant to which VALP
will provide Enthusiast with a broad range of marketing and business
support services, including corporate partnership and selling support,
retail support, brand association and marketing support (to be provided
by Canucks Sports and Entertainment), and more.
Apart from a company perspective, when taking a holistic look at the
esports and gaming industry, it’s clear that sentiment towards gaming is
growing. The industry even has tech giants Amazon and Google wanting in
on the action.
What’s more, esports is also being compared to professional sports —
hockey, baseball, you name it — in terms of garnering millions of fans
around the world.
For instance, in 2017, the League of Legends tournament garnered more viewers than the MLB World Series, the NBA Finals and the NHL Stanley Cup Finals! This would have been unheard of a few years ago.
Kestenbaum explains, “The size and scalability of our ecosystems are a
significant competitive advantage. Enthusiast’s online presence of 150
million visitors, combined with Luminosity’s rich content creation
reaching over 60 million followers, will be invaluable for us moving
forward.â€
Enthusiast’s merger is expected to provide further significant
strategic and financial benefits to the company, including but not
limited to expected margin improvement, involving a combination of the
net funds from the private placement and cash-on-hand that may be used
to repay all or part of the Sims Resource Deferred Payment, as well as
an enhanced capital market profile through the closing of the
transactions.
Growth drivers propelling the company towards success
Enthusiast is also growing its fan base and subsequently its customer base through seven strategies:
Growth in revenue per user goal: Target revenue per user of $0.40
Build out a direct sales team: Increase of 10–20x / CPM compared to
commoditized programmatic advertising rates. Expand to key financial
hubs like Toronto, New York, London, Los Angeles, and San Francisco
Subscription model growth: Offer unique content and player access to
increase subscriptions. Currently, over 60,000 subscribers generating
approximately $2.5 million in recurring revenue
Mergers and acquisitions: Grow the size of Enthusiast’s fan base,
and better engage with them to increase revenue and profitability
Expand the EG Live division: Build on the success in Toronto and
bring similar events to New York, Chicago and the Pacific Northwest
Franchise value appreciation: Increase the value of the franchise
through content creators, influencers, professional esports
professionals and championship esports teams
Non-endemic opportunities: Sell more non-endemic sponsorships and partnerships through direct sales and programmatic advertising
Apart from the company’s strategic growth model, Enthusiast has five
key business segments that enhance the company’s overall expansion
plans. They include:
Content: Enthusiast offers news, reviews, videos,
live streams, blog posts, tips, chats, message boards, and other
video-gaming related content.
Advertising: The company operates an advertising
network for brands targeting the gamer demographic, generating over 30
billion advertisement requests per month.
Events: Enthusiast organizes Canada’s largest gaming
expo, Enthusiast Gaming Live Expo, EGLX, which attracted over 55,000
attendees in 2018, including a Rising Star Series.
Data and ad tech: The company has built a proprietary ad tech platform around a tech-enabled gamer data platform.
Leading esports franchise: Luminosity Gaming is one
of the most popular esports brands, offering a subscription growth model
that leverages content and player access to increase subscriptions.
Add in celebrity endorsement from Canadian recording artist Tory
Lanez, and the top esports athletes and influencers including YELO, and
the company has all the right ingredients to reach success.
A knowledgeable management team leading the way
Enthusiast’s skyrocketing success and popularity is catalyzed by
Menashe Kestenbaum, president of Enthusiast, who began his career in
video games when he was 13 years old, writing for IGN, a large gaming
media site. Kestenbaum launched his first gaming blog, called “Nintendo
Enthusiast,†in 2011, which subsequently became the foundation of
Enthusiast Gaming today.
Adrian Montgomery, CEO of Enthusiast, has also been instrumental in
Luminosity’s new partnership with Enthusiast. As ex-president of Canucks
Sports and Entertainment, Montgomery brings decades of knowledge about
sports and what it means to be a dedicated fan.
Steve Maida, president of esports at Enthusiast, built the popular
esports franchise from the ground up and was responsible for finding
talent like “Ninja,†one of the world’s top Fornite players.
With its merger between Aquilini GameCo and Luminosity completed,
Enthusiast Gaming is on the right path towards dominating the gaming
industry. Through its clear growth objectives, diverse revenue streams,
acquisitions, partnerships and more, the company is building a
world-class gaming company that cannot be replicated.
Investors should look forward to more company updates as Enthusiast continues to scale and add to its roster.
Posted by AGORACOM-JC
at 8:36 AM on Wednesday, October 9th, 2019
Company has engaged Aster Funds Ltd, Toronto, Ontario, to conduct a satellite-based long wave infrared thermal mineral scan and a synthetic aperture radar survey of the Sill Lake Pb-Ag property, Vankoughnet Twp. Ontario.
Aster Funds Ltd provides spectral analysis surveys and synthetic aperture radar surveys to exploration companies
TORONTO, ON / October 9, 2019 / Tartisan Nickel Corp. (CSE:TN)(OTCPINK:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that the Company has engaged Aster Funds Ltd, Toronto, Ontario, to conduct a satellite-based long wave infrared thermal mineral scan and a synthetic aperture radar survey of the Sill Lake Pb-Ag property, Vankoughnet Twp. Ontario.
Aster Funds Ltd provides spectral analysis surveys and synthetic
aperture radar surveys to exploration companies principally active in
Canada, Latin America, and Australia. The spectral analysis survey
provides a property-wide distribution of up to 16 mineral and rock
species consistent with the Sill Lake deposit model, while the synthetic
aperture radar survey provides a distribution of surface and shallow
buried conductors similar to what an airborne electromagnetic survey
would generate.
Tartisan Nickel CEO Mr. Mark Appleby said, “we are going to test Sill
Lake with the Aster Funds Ltd technology, which should give us some
very good insights into the extent of mineralization on the property.
This would focus detailed exploration on targets that would deliver
shareholder value in a discovery or definition context.”
Tartisan Nickel Corp. common shares are listed on the Canadian
Securities Exchange (CSE:TN, US-OTC-TTSRF, FSE A2D). Currently, there
are 100,403,550 shares outstanding (103,103,550 fully diluted).
For further information, please contact Mr. D. Mark Appleby,
President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.
Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has
read and approved the technical content of this News Release.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and content
of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
The Canadian Securities Exchange (operated by CNSX Markets Inc.)
has neither approved nor disapproved of the contents of this press
release.
Tags: CSE, nickel, nickel demand, stocks, tsx, tsx-v Posted in Tartisan Nickel | Comments Off on Tartisan Nickel Corp $TN.ca Engages Aster Funds Ltd for a Spectral Analysis Survey of the Sill Lake Lead-Silver Project $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca
Posted by AGORACOM-JC
at 4:45 PM on Tuesday, October 8th, 2019
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Experts Weigh In On The Future of Bitcoin and Blockchain
Both Bitcoin and blockchain have not
only garnered the interest of investors, speculators, and even
businesses, it has also caught the attention and piqued the curiosity of
some of the world’s greatest minds and thinkers.
In a new report,
a panel of experts from the business world and finance industry were
asked to supply their views on Bitcoin and what its long-term potential
may be.
Bitcoin is a
revolutionary new technology that has taken the world by storm, and
could not only disrupt modern financial systems, but it could also go on
to replace all fiat currencies and become the sole digital currency
used across the globe.
With so much potential, even experts have joined in on
speculating over the king of speculative assets, and have weighed in on
their expectations for the first-ever crypto asset.
The Smartest Minds in Tech and Finance on Bitcoin and Blockchain
Bitcoin is a
powerful, decentralized digital cash system, that could potentially
change the world and redefine money as the world knows it. It also
brought with it the emergence of blockchain – a distributed ledger
technology with a number of use cases that could revolutionize many
industries.
Both Bitcoin and blockchain have not only garnered the interest
of investors, speculators, and even businesses, it has also caught the
attention and piqued the curiosity of some of the world’s greatest minds
and thinkers.
In a new report,
a panel of experts from the business world and finance industry were
asked to supply their views on Bitcoin and what its long-term potential
may be. As one would expect, the sentiment surrounding Bitcoin is mixed,
with some realizing the disruptive potential it wields, while others
were quick to dismiss the asset as a vehicle for criminal activities.
Sabrina T. Howell, Assistant Professor, Finance, NYU Stern
School of Business & NBER believes that Bitcoin has some serious
hurdles to overcome, namely the cryptocurrency’s “7 transactions per
second.†Instead, Howell sees the real disruptive value provided by blockchain, and cites how the technology will soon be rolled out to better manage quality control surrounding green, leafy vegetables that are known to carry food-borne illness.
Garrick Hileman, Head of Research at Blockchain and Researcher at the London School of Economics, cited Bitcoin’s recent safe-haven asset narrative,
and claims its been a factor in the asset’s “3x price appreciation this
year in the wake of US-China trade disputes, challenges to central bank
independence, Brexit and other European political turmoil, and the
return of financial instability to Argentina and other emerging
markets.â€
James Grimmelman, Professor of Law, Cornell Tech claims that
Bitcoin will continue to be forked again and again, because “humans have
never been great at consensus, not even with the help of cryptography.â€
Researchers Steven Goldfeder, Ghassan Karame, and Linda
Schilling, all believe that Bitcoin will need to beat out stiff
competition from other, newer altcoins that alleviate the issues related to Bitcoin as it currently stands.
All experts also commented on how regulation is paramount to Bitcoin becoming widely adopted and saw the technology as something with incredible, currently untapped potential.
Posted by AGORACOM-JC
at 2:27 PM on Tuesday, October 8th, 2019
SPONSOR: New Age Metals Inc. The company also owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.
———————
$1-billion sales agreement announced Monday represents the
culmination of a six-year turnaround for Toronto-based miner North
American Palladium Inc., its president and CEO says.
On a conference call to discuss the deal to sell the company to South
African miner Impala Platinum Holdings Ltd., Jim Gallagher said NAP was
in severe financial distress following a poorly executed mine expansion
in 2013 when financier Brookfield Capital Partners stepped in with a
US$130-million loan.
In 2015, with the company still struggling, Brookfield converted its
loan to equity to become the majority owner, on the understanding that
it would sell its stake when the turnaround was complete.
“That day has come today. We have a sale of the company in an
all-cash deal at near-record palladium prices and, except for a two-day
blip in March of this year, at near-record high share prices,†said
Gallagher on a conference call to discuss the deal.
“From virtual bankruptcy four years ago, we now have a sale to the tune of $1 billion.â€
Impala Platinum, which uses the nickname Implats, has offered to pay
$16 per share to Brookfield Business Partners LP, the majority
shareholder with 81 per cent of the stock, and $19.74 per share for the
remaining stake, resulting in an average price per share of $16.77.
Negotiations with Implats began in July and the companies had
unofficially set a price of around $16 per share, Gallagher explained.
The higher price for minority shareholders was agreed upon in
recognition of the more recent rise in share prices.
North American Palladium has been producing palladium, a lustrous
white material valued for its use in pollution-control devices for cars
and trucks, for 25 years at its Lac des Iles Mine at Thunder Bay, Ont.
It’s also involved in two exploration projects.
“Implats has had an exploration presence in Canada for more than two
decades and over the past three years we have developed a strong
relationship with and understanding of NAP and its management team and
operations,†said CEO Nico Muller in a news release.
“It is Implats’ view that the palladium market will remain in a
structural deficit in the medium term, which should lend considerable
support to stronger-for-longer pricing.â€
Implats said it was attracted to North American Palladium because of
its fully mechanized mine, which means low labour costs and leading
safety statistics, an estimated mine life of at least 15 years, and its
future exploration opportunities. About 700 people work at the mine.
The companies have agreed to a 30-day period during which a
termination fee of $24.5 million would be payable to Implats if a higher
bid is accepted, with the fee increasing to $37.7 million thereafter.
Implats would have the right to match any offer.
Closing of the transaction is expected in the fourth quarter, subject
to North American Palladium shareholder approval and other customary
conditions.
Posted by AGORACOM-JC
at 9:13 AM on Tuesday, October 8th, 2019
Harry Barr, Chairman & CEO, stated; “We are pleased to announce that this summers exploration efforts have doubled the strike length of prospective mineralization at our road accessible Genesis PGM-Ni-Cu Project in Alaska.
October 8th, 2019 – Rockport, Canada – New Age Metals Inc. (NAM) (TSXV:NAM)(OTC:NMTLF)(FSE:P7J) Harry Barr, Chairman & CEO, stated; “We are pleased to announce that this summers exploration efforts have doubled the strike length of prospective mineralization at our road accessible Genesis PGM-Ni-Cu Project in Alaska. Our Alaskan geological consultant, Avalon Development, has outlined subsequent stages of exploration including reconnaissance level prospecting, geologic mapping and geochemical sampling for all of the newly identified PGM-Cu-Ni targets. Ground-based geophysics and/or closely spaced airborne magnetics and EM surveys should also be conducted to provide better three-dimensional control on mineralization. Following these efforts, prioritization of targets is recommended followed by first-ever scout drilling.”
Genesis Summer 2019 Exploration Program Results
Two independent contractor evaluations were conducted earlier this summer on the Genesis project.
These evaluations included imagery processing and interpretation of
ASTER (Advanced Spaceborne Thermal Emission and Reflection Radiometer)
and associated LANDSAT8 satellite data to help map potential alteration
targets to aid district-scale PGM-Cu-Ni sulfide exploration. This effort
was conducted by Denver-based Image2Map Services, Inc. The second
effort involved reinterpretation of 400m spaced airborne magnetic and
resistivity surveys previously flown by the State of Alaska Div. of
Geological and Geophysical Surveys and limited ground IP surveys
conducted by a previous owner of the Genesis project. This effort was
conducted by Denver-based Condor Geophysics.
Previous exploration on the Sheep
Hill massif in the central part of the Genesis project revealed
stratabound sulfides over an 800 metre strike length, with consistent
PGM-Cu-Ni metal grades over multiple meter intervals, including 6 metres
grading 804 ppb platinum and 1,018 ppb palladium, and 12 meters grading
5,938 ppm nickel. There has
been no drilling on this district-scale project and the strike and depth
extent of Ni-Cu-PGE mineralization remains open to expansion. The geophysical signature of the Sheep Hill mineralization is strongly magnetic and moderately conductive. The
first-ever application of ASTER and LANDSAT8 imagery over Sheep Hill
shows a remarkably consistent correlation between a distinctive strong
iron oxide alteration signature and the geological and geophysical trace
of the previously discovered PGM-Cu-Ni sulfide mineralization hosted by
a dunite-lherzolite unit (Figure 1). ATSER and LANDSAT
imagery revealed at least two other sub-parallel alteration zones
adjacent to, and east of the known PGM-Cu-Ni mineralization at Sheep
Hill. These two zones are separated from each other and the known Sheep
Hill zone by talus fields composed of unaltered and unmineralized
ultramafic rocks that lie upslope from the PGM-Cu-Ni mineralization. Combining
ASTER and LANDSAT8 results with airborne magnetics and resistivity data
indicate the total length of the stratabound PGM-Cu-Ni mineralization
on Sheep Hill is at least 2,000m and open under alluvial cover in both
strike directions.
Click Image To View Full Size
Figure 1:
Combined ASTER serpentine alteration thematics and LANDSAT iron oxide
alteration thematics, Sheep Hill massif, Genesis project, Alaska.
Location of previous geochemical sampling shown in red squares.
At the adjacent Bernard Mt. massif,
centered about 7.5 kilometers west of Sheep Hill, ASTER and LANDSAT8
results combined with airborne magnetics and resistivity data indicate a
well constrained northeast trending band of conductive and magnetic
iron oxide alteration extending for at least 2,250 metres along the
south flank of Bernard Mt. (Figure 2). The stratigraphic position, ASTER
and LANDSAT8 alteration and airborne magnetic and resistivity
signatures are identical to those at Sheep Hill. Unlike
Sheep Hill, there has been virtually no prospecting, mapping or
geochemical sampling along the prospective target horizon at Bernard Mt.
Click Image To View Full Size
Figure 2:
Landsat 8 iron oxide alteration thematics over the Bernard Mt. massif,
Genesis project, Alaska. Location of previous geochemical sampling shown
in red squares.
Based on previous geological and
geochemical data combined with newly generated and/or interpreted ASTER,
LANDSAT8, airborne magnetics and airborne resistivity data,
a total of 23 exploration targets have been identified on the Genesis
project. The most prospective targets include 7 separate zones on
Bernard Mt. and an additional 9 zones on Sheep Hill. None
of the targets on Bernard Mt. have been explored, even at the
reconnaissance level, and only the western edge of one target zone,
which return significant PGM-Cu-Ni mineralization, has been mapped and
sampled at Sheep Hill. There has been no drilling on any of the targets identified on Sheep Hill or Bernard Mt.
NAM
management is actively seeking an option/joint-venture partner for this
road accessible PGM and Multiple Element Project using the Prospector
Generator business model.
About Genesis
The Genesis project is a PGM-Cu-Ni
property located in the northeastern Chugach Mountains, 75 paved road
miles north of the all-season port city of Valdez, Alaska. The project
is within 3 km of the all-season paved Richardson Highway and a high
capacity electric power line. The project is covered by 4,144 hectares
of State of Alaska mining claims owned 100% by New Age Metals. Past
exploration has revealed the presence of chromite-associated platinum
and palladium mineralization and stratabound Ni-Cu-PGE mineralization
within magmatic layers of the Tonsina Ultramafic Complex. Pyrrhotite,
pentlandite, and chalcopyrite occur in disseminations and net textured
segregations associated with platinum and palladium sulfides. There has been limited exploration over the Genesis project and there has been no past exploration drilling on the project. NAM
management is actively seeking an option/joint-venture partner for this
road accessible PGM and Multiple Element Project using the Prospector
Generator business model.
About NAM’s PGM Division
NAM’s flagship project is its 100%
owned River Valley PGM Project (NAM Website – River Valley Project) in
the Sudbury Mining District of Northern Ontario (100 km east of Sudbury,
Ontario). Recently the Company announced the results of the first PEA
(see News Release – June 27, 2019)
completed on the River Valley Project. The PEA has been developed by
various independent consultants – P&E Mining Consultants Inc.
(P&E) was responsible for the open pit mining, surface
infrastructure, tailings facility, and project economics; DRA Americas
Inc. (“DRA”) was responsible for all metallurgical test work and
processing aspects of the Project; and WSP Canada Inc. (“WSP”) was
responsible for the Mineral Resource Estimate. The PEA is a preliminary
report, however, it has demonstrated that there are potentially positive
economics for a large-scale mining open pit operation, with 14 years of
Palladium and Platinum production.
Qualified Person
The contents contained herein that
relate to Exploration Results or Mineral Resources is based on
information compiled, reviewed or prepared by Curt Freeman, a consulting
geoscientist for New Age Metals. Mr. Freeman is the Qualified Person as
defined by National Instrument 43-101 and is the owner of Avalon
Development Corp. and Anglo Alaska Gold Corp, which is the vendor of the
Genesis PGM Project. Mr. Freeman has reviewed and approved the
technical content of this news release.
Stock Option Grant
In addition, the Company announces
that it has granted 1,400,000 incentive stock options to directors,
officers and consultants of the Company at an exercise price of $0.05
per share for a period of five (5) years from the date of grant in
accordance with the Company’s Stock Option Plan. The Stock Options
granted will be subject to vesting restrictions, acceptance by the TSX
Venture Exchange and will be subject to regulatory hold periods in
accordance with applicable Canadian Securities Laws.
On behalf of the Board of Directors “Harry Barr” Harry G. Barr, Chairman and CEO
For further information on New Age Metals, please contact Harry Barr at 613-659-2773, or [email protected]
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.
Cautionary Note Regarding Forward
Looking Statements: This release contains forward-looking statements
that involve risks and uncertainties. These statements may differ
materially from actual future events or results and are based on current
expectations or beliefs. For this purpose, statements of historical
fact may be deemed to be forward-looking statements. In addition,
forward-looking statements include statements in which the Company uses
words such as “continue”, “efforts”, “expect”, “believe”,
“anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”,
“estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or
similar expressions. These statements by their nature involve risks and
uncertainties, and actual results may differ materially depending on a
variety of important factors, including, among others, the Company’s
ability and continuation of efforts to timely and completely make
available adequate current public information, additional or different
regulatory and legal requirements and restrictions that may be imposed,
and other factors as may be discussed in the documents filed by the
Company on SEDAR (www.sedar.com), including the most recent reports that
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements. The
Company does not undertake any obligation to review or confirm analysts’
expectations or estimates or to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events.
Investors should not place undue reliance on forward-looking statements
Tags: clean energy, CSE, palladium, PGM, PGM Demand, stocks, tsx, tsx-v Posted in All Recent Posts | Comments Off on New Age Metals $NAM.ca Reports Size of Prospective #PGM #Copper #Nickel Mineralization Doubled at Genesis PGM-Cu-Ni Project, Alaska $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN
