Posted by AGORACOM-JC
at 5:38 PM on Wednesday, July 31st, 2019
SPDR: TSX-V
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Targeted and disciplined retail distribution strategy focusing on high quality, high traffic peripheral areas
Focused strategy aimed at vertical,
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Opened two additional stores in July for a total of 5 locations
The Opportunity
Established Product Portfolio
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Posted by AGORACOM-JC
at 4:19 PM on Wednesday, July 31st, 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
Nickel spot prices were up sharply in July, and the LME inventory was lower and remains near a 7 year low.
Nickel market news – Forecasters are generally bullish on the outlook for nickel.
Nickel company news – Anglo American to return up to $1 billion to shareholders.
Matt Bohlsen
Investment advisor, portfolio strategy, growth at reasonable price
Welcome to the nickel miners news for July. The past month saw nickel
prices rise sharply and LME inventories fall again and remain near a ~7
year low. Most other base and EV metals declined but nickel is rising,
most likely due to the very low inventory levels and strong demand
boosted by the EV sector.
Nickel price news
As of July 25, the nickel spot price was US$6.35/lb, up sharply (13%) from US$5.62 last month.
The following charts show that the excess nickel inventories since
2013 have been worked off now and nickel prices are finally starting to
respond higher. It may still take a few months to play out, but 2020
should be a good year for nickel (assuming China does ok).
2016 was lithium’s year, 2017 was cobalt’s year, and 2018-2020 are
likely to be nickel’s years as nickel inventories decline and nickel
prices finally start to rise. Strong Chinese and global stainless steel
demand and ever increasing demand from electric vehicles [EVs] using
higher nickel content batteries NMC (8:1:1).
Note: The US-China trade war has subdued China’s growth and reduced sentiment, which has not helped nickel prices the past year.
Note: Some others such as BMI have been forecasting a nickel surplus by 2020 due to increased Indonesian production and reduced Asian demand.
As a reminder the November 2017 McKinsey report
stated: “If annual electric vehicle [EV] production reaches 31 million
vehicles by 2025 as expected then demand for high-purity class 1 nickel
is likely to increase significantly from 33 Kt in 2017 to 570 Kt in
2025.” That is a 17 fold increase in just 8 years, albeit only on Class 1
nickel.
Posted by AGORACOM-JC
at 12:27 PM on Wednesday, July 31st, 2019
SPONSOR: Esports Entertainment
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GMBL: OTCQB
———————–
Gary Vaynerchuk on Investing in Esports, the Opportunity Ahead
Vaynerchuk is a brand unto himself, and a very public face of his companies.
He may be new to esports, but given his reach, reputation, and vibrant personality, it’s no surprise that he is likely to also be a public face for Minnesota’s Call of Duty organization.
“I’ve been really paying attention in
the back row for four to five years,†he told The Esports Observer. “I
literally remember when Justin.tv became Twitch, and so it’s been on my mental radar for a little while.â€
As the chairman of media holding
company VaynerX and CEO of digital agency VaynerMedia, Vaynerchuk is one
of the most visible investors to enter esports to date. The 43-year-old
transformed his family’s wine shop into an online success story
beginning in the late ’90s, and has gradually parlayed that momentum
into a large social media presence (with several million followers
across platforms), five New York Times bestselling books, angel
investments in tech giants such as Twitter, Facebook, and Uber, and many
other opportunities.
Given his status as a prominent
investor, Vaynerchuk said that he’s seen “tens of thousands†of queries
about esports-related opportunities pass across his desk over the years,
but that only about 15 of them led to serious conversations and
meetings. One potential opportunity came from an undisclosed Overwatch League ownership group early in the league’s genesis, said Vaynerchuk, but he didn’t pursue it.
Part of what made Vaynerchuk’s investment in WISE Ventures’Call of Duty League franchise appealing was a close connection with the group’s Wilf family, which also owns the NFL’s Minnesota Vikings.
“One thing that I’m realizing about
myself is that I’m really about people, comfort, happiness, and control,
and all of these things. I’ve known the Wilf family for almost 15 years
because they actually live in the area where my wine business is,†said
Vaynerchuk, who was introduced to the family by a senior executive in
the Wilfs’ real estate organization in New Jersey. “We’ve really had
these nice human vibes towards each other for years, and then as my
professional career started to evolve from wine into many other things, I
started building even more of a relationship here and there, subtly.â€
Vaynerchuk said that he was thrilled
to see the Wilf family purchase the Minnesota Vikings in 2005,
“especially when my career ambitions are to buy the New York Jets,†he
added. He has also met with Activision Blizzard CEO Bobby Kotick and
watched the evolution of the Overwatch League from an idea to a 20-team league on the verge of hosting matches in every home market, plus he feels that Call of Duty has the versatility and track record to thrive.
“I’m completely convinced that Minnesota and the five or six
surrounding states right now have the best 11-year-old at some game in
the world.â€
“Call of Duty
has proven to me over the last half-decade and more that it’s a
franchise that can evolve,†said Vaynerchuk. “I think that a lot of
these leagues are predicated on: How long is the franchise? Are you Zelda and Super Mario, or are you Kid Icarus, right? That’s how I think about everything. Call of Duty intuitively feels like it has the potential to be more Mario than Kid Icarus, which then gives the league longevity. Otherwise, you’re at the mercy of the IP.â€
Gary Vee-sports?
Minnesota isn’t considered one of the
esports capitals of the United States at present, but Vaynerchuk sees
that as an opportunity more than a challenge. He believes that there’s
enough demand for live esports events “in most parts of the country,â€
and said that establishing a geolocated esports franchise in the region
could also give the team leverage in mining homegrown talent from
Minnesota and surrounding states.
“I’m completely convinced that
Minnesota and the five or six surrounding states right now have the best
11-year-old at some game in the world,†he said, “so I see it as an
opportunity.â€
Vaynerchuk is a brand unto himself,
and a very public face of his companies. He may be new to esports, but
given his reach, reputation, and vibrant personality, it’s no surprise
that he is likely to also be a public face for Minnesota’s Call of Duty
organization. He anticipates being heavily involved with the team and
believes that he will be able to help with recruiting talent.
“We spoke about that quite a bit, as
you can imagine,†he said of his role on the team. “I’m in it for the
learnings, because I want to be close to culture and youth, and
innovation. Probably more than most things, in a lot of ways.
“Listen, I mean, this is a recruiting
game,†he continued. “This is ludicrous for me to say, but as my level
of awareness grows and a lot of esports players have a lot of
entrepreneurial ambitions—I’m not remotely close to Jay-Z’s sphere, but
when you think about Jay-Z and Roc Nation, Jay-Z’s impact on the
Brooklyn Nets is real. Not that I carry that weight, but ironically to
this set of entrepreneur-laden players, I do believe we will sign a free
agent that really fucking matters on the back of me.â€
“I think esports is a top-four sport in America when I’m 62 years old, and I want to be a part of that.â€
Given his status as a survivor of the
dot-com bust, Vaynerchuk said that the rush for some investors to throw
money at esports in search of success reminds him a lot of that
formative time period in internet history. “I think it’s similar to 1999
internet,†he said. “There’s a lot of places to lose money, but I think
that just like 1999 internet, that in 20 years, the people that have
navigated it thoughtfully and carefully have a whole lot to gain.â€
Vaynerchuk sees “macro acceptanceâ€
ahead for esports in mainstream culture, he said, as more people come to
acknowledge and appreciate competitive gaming and its impact on
entertainment and society. In fact, he believes that more parents will
encourage their kids to play games at a high level to secure
scholarships, “which is obviously the complete reverse of what parents
did when I was growing up playing videogames,†he added.
Joining WISE Ventures’ Call of Duty
League ownership group is Vaynerchuk’s first esports investment after a
long period of consideration, but it won’t be his last. He’s not sure
where his next investment in the space will come from, but he sees big
things in the future.
“I don’t know what,†he said about
potential next investments, “but I think esports is a top-four sport in
America when I’m 62 years old, and I want to be a part of that.â€
Posted by AGORACOM-JC
at 11:41 AM on Wednesday, July 31st, 2019
SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.
EKG: TSX-V ———————-
Market Report on Global Smart Healthcare Market is to Witness Highest Growth in near future Forecast
Smart healthcare market is poised to grow at an exponential rate owing to the rapid technological advancements in the healthcare IT, such as development of EHR, mhealth, and telemedicine
Here we have an in-depth study of the Global “Smart Healthcare Marketâ€, which analyzes past as well as recent Smart Healthcare Market values along with detailed market information to capture many factors such as market trends, anticipated future market conditions, challenges, risk and various opportunities during the forecast period from 2018 to the upcoming year 2023. It is precisely stated that data about the Smart Healthcare market will certainly help stakeholders and other business vendors to get a significant understanding of the handling of the Smart Healthcare market globally. All over the world. The report provides a detailed overview of the Smart Healthcare Industry and is then segmented on the basis of product type, key manufacturers, applications and regions.
The global smart healthcare market is projected to grow at a CAGR
of 9.2% over the forecast period (2018 – 2023). This report provides
information about the leading players in the market and a corresponding
detailed analysis of the top vendors in the smart healthcare market. In
addition, the report discusses the major drivers that influence the
growth of the market. It also outlines the challenges faced by the
vendors and the market at large, as well as the key trends that are
emerging in the market.
The smart healthcare market is poised to grow at an exponential rate
owing to the rapid technological advancements in the healthcare IT, such
as development of EHR, mhealth, and telemedicine. Also, wearable
healthcare devices that are used in tracking and monitoring of health
conditions, body temperature, remote cardiac, calories burnt, and sleep
statistics are witnessing huge growth. Introduction of technologies such
as big data analytics within this sector will drive the prospects for
the growth of the healthcare market.
Rapid Technological Advancements are Driving Market Growth
The key factors driving the global smart healthcare market are the
rapid technological advancements in the healthcare industry. The
development of smart healthcare devices such as smart syringes, smart
pills, and smart bandages that are capable of monitoring patient’s
healing procedure remotely and minimize the risks involved during the
usage of syringes are expected to drive the market growth over the
forecast period. However, lack of awareness and constraints related to
budget are the factors restraining the growth of the market.
mHealth is Expected to Grow Exponentially over the Forecast Period
The mHealth segment is expected to witness a high growth rate owing
to key elements that are leading to its fast development, such as its
ability to provide information about the factors that are leading to a
disease and reduce overall health risks, rising frequencies of unending
infections, for example, tumor, heart diseases, and diabetes. Also,
swift advancement and expanding buying power of consumers has brought
about proliferation of PDAs, alongside 3G and 4G systems, which is
expected to be an essential achievement factor for the development of
the worldwide mHealth market.
North America is the Major Contributor for the Market.
The North American market is the highest contributor to smart
healthcare owing to the presence of developed IT and healthcare
infrastructure and high expenditure on healthcare. The US is the major
contributor to the North American market, because of early adoption and
huge investment. The Asia-Pacific market is the fastest growing smart
healthcare market and is expected to grow at a faster pace during the
forecast period as compared to other regions.
Key Developments in the Market
• November 2017 – Cisco and INTERPOL agreed to share threat
intelligence as a first step in fighting cybercrimes jointly. This
alliance is expected to witness two organizations develop a coordinated
and focused approach towards sharing data. • November 2017 – IBM
acquired Vivant Digital Business to address the growing needs of clients
seeking transformation though Digital Reinvention.
Posted by AGORACOM-JC
at 10:48 AM on Wednesday, July 31st, 2019
SPONSOR: Betteru Education Corp.
aims to provide access to quality education from around the world. The
Company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
BTRU: TSX-V
Chasing students: Naspers Ventures into online education
Chasing students: Naspers Ventures into online education
Online education is the next big thing for technology giant Naspers, judging from its recent investments.
The company has announced a $30m investment into Brainly, an online learning community for students, parents and teachers, along with two other funders.
It’s no secret Naspers trades at discount to the value of its Tencent stake. So much so that this discount was deemed part of the reason the technology giant pushed for its offshore listing on the Euronext in Amsterdam.
Naspers is also at odds to defy this one-trick pony tag, with
investments across sectors from online classifieds to food delivery.
Education is another such topic, online in particular, which has seen
investments range from $30m to $383m, from the United States to India.
But not enough is made of these investments. In the Business Maverick article below, Sasha Planting maps out the group’s investments into online education. – Stuart Lowman
Naspers rides the education wave
By Sasha Planting
Online education is the next big thing for technology giant Naspers,
judging from its recent investments. The company has announced a $30m
investment into Brainly, an online learning community for students,
parents and teachers, along with two other funders.
This is its second investment into the company, which has
headquarters in Krakow and New York. The first was a $15m investment in
2016.
Brainly’s “crowd learning†model combines online education, social
media and machine learning, and is disrupting the education market on a
global level. From 2018 to 2019 it has grown from 100 million to 150
million active monthly users.
In December 2018 Naspers invested $383m in Indian online tutorial
start-up Byju’s, which develops online learning materials. It is the
world’s most prized EdTech company, having recently been valued at
$5.7bn.
Online learning is booming thanks to exploding internet usage around
the world, largely because of the ubiquity of cheap smartphones and
decreasing internet costs.
While this trend is catching on in both developing and developed markets, Naspers is particularly excited about opportunities in India.
It notes in its recently released annual report that India is the
world’s fastest-growing large economy, with more than 1.3 billion people
and some of the planet’s most talented entrepreneurs.
“We’ve been investing in India for more than a decade – over $2bn, or
around 20% of our worldwide investment in the last decade,†says CEO
Bob van Dijk in the report.
Prior to this, in September, Naspers invested in SoloLearn, a social
platform that helps individuals become better coders as they consume,
create and share bits of code-related content with peers around the
world.
Naspers’ first investment in the EdTech space was in June 2016 when
it invested $60m in Udemy, an online learning marketplace for adults.
The growth in the platform has been nothing short of extraordinary with
40 million students making the most of the 130,000 courses offered in
more than 60 languages.
The investments are housed in Naspers Ventures,
which is dedicated to seeking out, investing in and nurturing companies
that will generate the next wave of growth for the tech company. This
is the type of thinking that saw Naspers transform itself from a South
African print media business in 1915 to today’s global consumer internet
group.
“Naspers Ventures’ remit is to find investment opportunities for
Naspers beyond our traditional market segments, but that are a strategic
fit for the company,†Naspers Ventures CEO Larry Illg said at the time
of its investment in Udemy.
“We are looking for companies and leaders with high potential and the
ambition to have significant global impact. Education is a sizeable
market that has not yet seen the technology impacts we have seen in
other sectors, but we are now seeing dramatic innovations appearing.
That makes EdTech a perfect fit for Naspers Ventures.â€
Certainly, it seems that the online learning market has limitless potential. According to an article in Forbes magazine, it was predicted that “e-learning†would reach $107bn in 2015 – and it did. Now, Research and Markets forecasts show that this figure will triple in the coming years – in other words, it will grow to $325bn by 2025.
“The brilliant aspect about marrying learning with technology is that
it enables all kinds of innovative ways for more and more people to add
to their skills and knowledge: often more quickly, effectively and
enjoyably than before. This is an opportunity that can make a real
difference to people’s lives around the world and there is still much
more to be done. So for us, it ticks all the right boxes,†says Illg in
the annual report.
In the 2018-19 financial year, Naspers’ food-delivery businesses (Swiggy,
Delivery Hero, Mr D Food and iFood) reached a size and level of
profitability that saw it graduate from Ventures to become a core
standalone Naspers segment alongside Classifieds and Payments &
Fintech. While not yet a profitable business, online food delivery is
growing at 30% a year and is already a $75bn plus global market.
As a result, Naspers has dramatically upped the level of investment
in this space. During the year, it committed, along with Innova, to
invest an additional $400m in iFood to enable the business to accelerate
growth. It also invested $716m in Indian food-delivery leader Swiggy
during the year.
It is a matter of time before its online education business reaches a similar scale. BM
Posted by AGORACOM-JC
at 10:05 AM on Wednesday, July 31st, 2019
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Crypto Markets See Second Day of Green, Bitcoin Above $9,700
crypto markets are seeing widespread green, with Bitcoin (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day.
Wednesday, July 31 — crypto markets are seeing widespread green, with Bitcoin (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day.
Despite trading in a lower price range since dropping back to a four-figure price point in a recent corrections, BTC is today up a solid 2.4%, bringing it to $9,717 by press time.
This mild uptick nonetheless stops short of bringing the coin back
into the green on its 7-day chart, where Bitcoin is still reporting a
fractional 0.7% loss. On the month, losses are starker, topping 8%.
Yesterday, Peter Tchir — a former Executive Director at German multinational investment bank Deutsche Bank — argued
that Bitcoin is an indicator of hidden geopolitical tensions, pointing
to the coin’s momentous performance this May at a time of fraught trade
talks between the United States and China.
Also this week, erstwhile Bitcoin bear and CNBC host Joe Kernen predicted that the top coin could hit $55,000 — a 500%+ price surge — by the time of its next halving in May 2020.
Top altcoin Ether (ETH) — which celebrated its fourth birthday
yesterday — has posted a 1.9% to trade around $212 by press time. In
corrections earlier this week, the coin had circled perilously close to
the round $200 mark, but has since recovered ground and is just slightly
in the red, at 2.2%, on its 7-day chart. On the month, however, Ether
is down over 18%.
XRP is
reporting a 2.7% gain on the day, while among the remaining top ten
coins several alts are seeing stronger upward momentum: Bitcoin Cash (BCH) is posting a 7.5% gain on the day, Litecoin (LTC) is up 3.6% and Binance Coin (BNB) is up 4.1%.
In the context of top twenty coins, Tezos (XTZ) is outstripping all
other assets, seeing a 24% gain on the day following news of the token’s
listing on major United States crypto exchange Coinbase. At press time, XTZ is trading at $1.24
Still among the top twenty, strong gains are being reported by Chainlink (LINK) — up over 9% — as well as by NEO (NEO), IOTA (MIOTA) and Cosmos (ATOM), all of which are up by 4-5%.
Total market capitalization for all cryptocurrencies is at $261,434,827,781 at press time, according to Coin360 data.
Dominating the crypto headlines this week is the hearing devoted to
examining regulatory frameworks for cryptocurrencies and blockchain held
at the United States Senate Banking Committee. Cointelegraph reported live on the most important developments during the hearing as it unfolded.
Yesterday’s Committee hearing notably follows upon earlier hearings in mid-July that had examined the regulatory hurdles surrounding Facebook’s Libra.
Posted by AGORACOM-JC
at 8:31 AM on Wednesday, July 31st, 2019
Monarch produced 3,572 ounces of gold in the fourth quarter, up 169% from the third quarter and down 24% from the 4,695 ounces produced last year.
The increase was attributable to a rise in the production rate at the Camflo mill and the Beaufor mine combined with a higher grade of ore.
MONTREAL, July 31, 2019 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report its production and corporate highlights for the fourth quarter ended June 30, 2019. Amounts are in Canadian dollars unless otherwise indicated.
Production highlights
Monarch produced 3,572 ounces of gold in the fourth quarter, up 169%
from the third quarter and down 24% from the 4,695 ounces produced last
year. The increase was attributable to a rise in the production rate at
the Camflo mill and the Beaufor mine combined with a higher grade of
ore.
The Corporation recorded revenues of $7.3 million in the fourth quarter from the sale of 2,666 ounces of gold at an average price of $1,764 per ounce (US $1,333)
plus custom milling revenue, which was down 3.1% from the third quarter
due to an increase in the tonnage milled from the Beaufor mine.
As at June 30, 2019, the Corporation had more than 1,100 ounces of gold in inventory.
“This was a solid quarter in terms of performance, especially given
that we operated with approximately one-third the workforce we had last
year,” said Jean-Marc Lacoste, President and Chief
Executive Officer of Monarch. “This quarter also marks the suspension of
our production activities at the Beaufor mine during the quarter, as of
June 27, 2019, and at the Camflo mill on July 10, 2019.
Given the current gold environment, our team is focusing on identifying
new exploration targets at the Beaufor mine and preparing a drilling
program on the most promising targets, while Camflo is currently
undergoing maintenance work that should take place over a 90-day
period.”
“Despite the fact that we have suspended our production activities,
Monarch is in an excellent position to benefit from the current upward
trend in gold prices. The Corporation has a large portfolio of
high-quality mining assets that include two mills, six advanced gold
projects with total measured and indicated resources of more than
3.1 million ounces of gold (see table at the end of this press release),
a 14.2% interest in Unigold (TSXV: UGD), as well as a strong financial
position. Our goal in the coming quarters will be to develop our
flagship Wasamac project, which has an annual production potential of
142,000 ounces of gold over 11 years (see press release dated December 3, 2018), and to increase the value of our assets through partnerships and other transactions.”
Production statistics
Three months ended June 30, 2019
Three months ended June 30, 2018
Twelve months ended June 30, 2019
Twelve months ended June 30, 2018
Beaufor mine
Ore processed (tonnes)
27,648
30,523
96,212
98,394
Gold recovery (%)
98.24
98.70
98.17
98.76
Ounces produced
3,572
4,695
13,225
15,071
Ounces sold
2,666
4,589
12,534
14,856
Corporate highlights
On May 9, 2019, the Corporation acquired a block of 6.5 million shares of Unigold Inc. (TSXV: UGD) from an investor at an agreed price of $0.115 per share, for a total of $747,500, payable by the issuance of 3.25 million common shares of the Corporation at an agreed price of $0.23 each (see press release).
On June 18, 2019, the Corporation announced the
signature of binding letters of intent for the acquisition of an
aggregate 100% interest in the Fayolle property from Hecla Quebec Inc.,
formerly known as Aurizon Mines Ltd. (NYSE: HL), and Typhoon Exploration
Inc. (TSXV: TYP) (see press release).
On June 19, 2019, the Corporation announced that its
wholly-owned subsidiary Louvem Mines Inc. had sold a 2% net smelter
return (“NSR”) royalty on certain claims of the Chimo Mine property to
Cartier Resources Inc. (TSXV: ECR) in consideration of a cash payment of
$350,000 (see press release).
On July 25, 2019, the Corporation sold its portfolio of
net smelter return (“NSR”) royalties on the Chimo property (owned by
Chalice Gold Mines Ltd) for a cash payment of $350,000.
Monarch held a portfolio of NSR royalties ranging from 0.50% to 2.50% on
the Chimo property, which surrounds the Chimo Mine property.
Monarch Gold Corporation (TSX: MQR) is an emerging gold mining
company focused on pursuing growth through its large portfolio of
high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Wasamac deposit (measured and indicated resource of 2.6 million ounces of gold), the Croinor Gold (see video), McKenzie Break, Beaufor and Swanson
advanced projects and the Camflo and Beacon mills, as well as other
promising exploration projects. It also offers custom milling services
out of its 1,600 tonne-per-day Camflo mill.
Forward-Looking Statements
The forward-looking statements in this press release involve known
and unknown risks, uncertainties and other factors that may cause
Monarch’s actual results, performance and achievements to be materially
different from the results, performance or achievements expressed or
implied therein. Neither TSX nor its Regulation Services Provider (as
that term is defined in the policies of the TSX accepts responsibility
for the adequacy or accuracy of this press release.
2 Source: Monarques prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016)
3 Source: NI 43â€101 Technical Report on the Swanson Project,
June 20, 2018, Christine Beausoleil, P.Geo., and Alain Carrier, P.Geo.,
M.Sc., of InnovExplo Inc.
4 Source: NI 43â€101 Technical Report on the McKenzie Break
Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel
Gaudreault, Eng., of Geologica Groupe-Conseil Inc. and Christian
D’Amours, P.Geo., of GeoPointCom Inc.
Tags: #mining, #Resources, CSE, gold, stocks, tsx, tsx-v Posted in Monarques Gold | Comments Off on Monarch Gold $MQR.ca Produces 3,572 Ounces of Gold and Generates $7.3 Million in Revenue in the Fourth Quarter $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX
Posted by AGORACOM-JC
at 8:19 AM on Wednesday, July 31st, 2019
EGLX: TSX-V
Canada Computers Will Promote and Advertise EGLX in 30 Stores Across Canada
Canada Computers is a national retailer of computers and consumer electronics.Â
With an increasing gaming customer base and continued demand across students, professionals and families, Canada Computers is a retail force with more than 1,000 employees and 30 store locations across Canada.Â
TORONTO, July 31, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX)(OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€), one of the largest vertically integrated gaming media companies, is excited to announce that through its subsidiary, Enthusiast Gaming Live Inc. (“EGLiveâ€) it has partnered with Canada Computers to be a premium retail partner at Enthusiast Gaming Live Expo (“EGLXâ€) in October 2019.Â
Canada Computers is a national retailer of computers and consumer
electronics. With an increasing gaming customer base and continued
demand across students, professionals and families, Canada Computers is a
retail force with more than 1,000 employees and 30 store locations
across Canada. In addition to being the premium retail partner at EGLX,
Canada Computers will also provide prizes, marketing and activations
across its stores in Ontario and Quebec.
Melanie Azagury, Manager, EGLX, commented,“Partnering
with a successful Canadian retail company like Canada Computers is very
important for EGLive as we continue to grow and evolve our events
business. As one of the largest computer and gaming retailers in
Ontario, we are excited to provide our attendees with a dynamic retail
booth and activation. EGLX will also benefit from in store promotion and
marketing initiatives across its stores in Ontario and Quebec and its
large digital reach.â€
Pursuant to the agreement, Canada Computers has committed to a Gold
Level sponsorship at EGLX. In addition, they will provide marketing
activations in retail stores leading up to EGLX including banners,
video, promotions, as well as digital marketing across its network.
During the show, Canada Computer’s show activation will include social
influencers, computer building workshops, an EGLX gift guide, and over
80 computers for the drop in tournaments.
Tickets to EGLX October 18-20, 2019 will be on sale this summer. More information can be found at eglx.ca. To learn more about sponsorship or exhibit space at EGLX 2019, reach out to [email protected].
Engages MZ Group
Recently Enthusiast Gaming announced the engagement of MZHCI LLC (“MZâ€),
a leading US investor relations firm to expand its reach to the US
capital markets. Under the agreement, Enthusiast will pay MZ US$8,500
per month for a 12 month term and will work collaboratively to build a
strong North American IR program.
About Enthusiast Gaming
Founded in 2014, Enthusiast Gaming is one of the largest vertically
integrated video game companies and has the fastest-growing online
community of video gamers. Through the Company’s organic and acquisition
strategy, it has amassed a platform of over 150 million monthly
visitors across its network of websites and YouTube channels. 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 5:16 PM on Tuesday, July 30th, 2019
SPONSOR: New Age Metals Inc. (NAM:TSX-V) owns one of North America’s largest primary platinum group metals deposits in Sudbury, Canada with NI 43-101 mineral resource estimate of 2,867,000 PdEq Measured and Indicated ounces, with an additional 1,059,000 PdEq ounces in the inferred category. Learn More.
NAM: TSX-V
Platinum’s Tide Is Turning – World Platinum Investment Council
In a recent interview with Kitco News, Trevor Raymond, director of research with the World Platinum Investment Council, said that the tide could be turning in platinum’s favor with resurgent interest in platinum’s demand growth potential.
Investment demand has been the critical factor behind the metal’s new bullish momentum.
Raymond noted that in the council’s quarterly supply demand publication, investment demand through exchange-traded products totaled 690,000 ounces in the first three months of the year.Â
(Kitco News) – Although platinum remains the laggard within the precious-metals complex, it is starting to catch up as platinum continues to see unprecedented investor demand.
In a recent interview with Kitco News, Trevor Raymond, director of
research with the World Platinum Investment Council, said that the tide
could be turning in platinum’s favor with resurgent interest in
platinum’s demand growth potential.
Investment demand has been the critical factor behind the metal’s new
bullish momentum. Raymond noted that in the council’s quarterly supply
demand publication, investment demand through exchange-traded products
totaled 690,000 ounces in the first three months of the year.
“That was the largest increase in ETF holdings in any three-month
period since the launch of physically backed platinum ETFs in 2007,†he
said.
He added that the trend has continued into through the second
quarter. While quoting listings data, Raymond said that EFT holdings
have increased by more than 750,000 ounces as of July.
“The magnitude and speed of the buying indicate this is institutional
money taking big positions in the platinum market,†he said. “We
haven’t seen this type of buying since 2014.â€
Although institutional investors very familiar with platinum are
jumping back in, Raymond said that retail and newer institutional
investors remain on the sidelines. He added that he expects the broader
investment market to move back into platinum when the metal sees a more
published evidence of demand growth from more diesel cars on Europe’s
roads, traction in heavy-duty fuel-cell trucks and increased use of
platinum in gasoline cars to replace scarce and pricey palladium.
Platinum’s automotive demand has suffered the last three years
because of the 2015 diesel emissions scandal. Platinum is the main
component in diesel-engine emissions control.
Raymond noted that this issue is starting to become less of a factor
in the auto sector; however, he added that a more significant factor for
platinum is its potential substitution, at a one-to-one ratio, for
palladium.
Many analysts have noted palladium’s meteoric rise in the
precious-metals space as prices have risen in the face of strong
industrial demand in gasoline vehicles and unresponsive supply. Although
many companies have been hesitant to confirm that they will substitute
palladium with platinum, Raymond said that they might have already done
so due to availability and price concerns.
“Regardless of the price difference, there is not enough palladium
supply to meet automotive needs so some companies will be forced to turn
back to platinum,†he said. “Substitution has happened before, and it
can happen again.â€
The WPIC sees a platinum surplus of around 375,000 ounces for this
year, but Raymond said that it wouldn’t take a significant rise in
demand to reduce the metal’s excess.
Tuesday, platinum is seeing some modest selling pressure as some
investors take profits after the metal posted a three-month high last
week. October platinum futures last traded at $878 an ounce, down 0.44%
on the day.
Posted by AGORACOM-JC
at 3:36 PM on Tuesday, July 30th, 2019
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Branson-backed cryptocurrency firm launches a super-fast exchange to take on Coinbase
Blockchain’s exchange is the result of work led by a team of former trading industry executives.
The exchange can execute orders in a matter of “microseconds,†according to CEO Peter Smith.
The firm has raised $70 million from investors including Richard Branson, Alphabet and Lakestar.
Blockchain CEO Peter Smith.
Krisztian Bocsi | Bloomberg via Getty Images
Blockchain, one of the world’s largest cryptocurrency wallet
platforms, says it’s launched a digital currency exchange aimed at
delivering “lightning-fast†trades.
The company’s exchange, called The PIT, is the result of a
behind-the-scenes effort led by a team of former executives from the New
York Stock Exchange, TD Ameritrade, Google and Goldman Sachs.
According to Blockchain CEO Peter Smith, the new exchange’s matching
engine Mercury can execute buy or sell orders in “40 to 50
microseconds,†an “order of magnitude faster than other market playersâ€
like Coinbase and Binance.
Founded in 2011, Blockchain initially started out with what’s known
as a block explorer — kind of like an internet browser for
cryptocurrency data — and then built digital wallets for users to store
and exchange their crypto. It derives its name from the eponymous
blockchain network that records bitcoin transactions.
Having enjoyed popularity with bitcoin enthusiasts — Blockchain
claims to account for about 25% of daily activity on the bitcoin network
— the company is hoping its exchange platform will help lure in the
uninitiated.
“There’s a huge audience of people who have not yet placed their
first bitcoin trade,†Nicole Sherrod, head of trading products at
Blockchain, told CNBC in an interview. Sherrod previously led the active
trading product team at online stock broker TD Ameritrade before
joining Blockchain.
Sherrod said the new trading platform would give investors a degree of liquidity not seen in competitor exchanges.
“In volatile markets in particular, speed is of utmost importance,â€
she said. “I would not feel comfortable delivering a platform to retail
investors that puts them in a position where they couldn’t get in and
out of a trade with lightning-fast speed.â€
Blockchain CEO Peter Smith says the cryptocurrency firm’s new exchange can executive order in a matter of “microseconds.â€
Blockchain
Cryptocurrencies have gained a reputation for their volatile price
swings. Bitcoin in late 2017 skyrocketed to a near-$20,000 record high,
before plummeting the following year to as low as $3,122. The world’s
best-known digital currency has been on the rise this year, however,
last trading at $9,502.
Bitcoin’s rise in 2019 was attributed in part to Facebook’s plans to
create a cryptocurrency, with analysts saying it brings some much-needed
credibility to cryptocurrencies. Facebook’s Libra project has been
panned by regulators, however, concerned by the risks it may pose to
consumers.
One big hurdle for the industry to overcome is bringing institutional
investors with deep pockets on board. That may be slowly starting to
happen, with financial services giant Fidelity signaling it’s warming to the space. Sherrod said that Blockchain’s crypto exchange is providing liquidity through “institutional-level market makers.â€
Blockchain said its exchange will be available in more than 200
countries, starting with 26 trading pairs. Users will be able to link
their bank account with Blockchain and use U.S. dollars, euros and
sterling to trade cryptocurrencies.
The company has raised over $70 million from investors including
British billionaire Richard Branson, Alphabet venture arm GV and early
Spotify backer Lakestar. It has also accrued over 40 million users,
Blockchain said, who will be able to transfer crypto from their wallets
to the exchange.
