retired
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A revenue agreement will be positive for MPXI. Finally some positive news.
"Zenabis Global Inc. has entered into a one-year supply agreement for high-quality cannabis flower with Canveda Inc., a wholly owned subsidiary of MPX International Corp.
The supply agreement between the parties provides Canveda with a minimum of 300 kg of cannabis flower per calendar quarter, and a maximum of 1,000 kg of cannabis flower per quarter. The first shipment from Zenabis Atholville of 100 kg will be made upon receipt of an export permit from Health Canada. All the required import permits from Israel have been issued to Canveda. These volumes were not included in Zenabis' estimate of international shipment volumes in the corporate update issued 10 August 2020, and as such are incremental volumes.
"MPX International Corporation is pleased to be able to count on Zenabis Ltd for a continued supply of premium Canadian cannabis as we develop different market opportunities" says Michael Arnkvarn, COO of MPXI Canadian Operations; "Zenabis has demonstrated their ability to be very pro-active and responsive to our requests."
Daniel Burns, Chair of the Board of Directors, commented, "We are excited to continue expanding our supply relationships beyond Canada. This incremental supply agreement, and in particular the binding delivery minimums, further demonstrate both the quality of our cannabis cultivation output, and our capacity for international bulk delivery."
About MPX International Corporation
MPX International Corporation is a multinational diversified cannabis company focused on developing and operating assets across the international cannabis industry with an emphasis on cultivating, manufacturing and marketing products which include cannabinoids as their primary active ingredient. With current operations spanning four continents in Canada, Switzerland, South Africa, Malta and Australia as well as evolving partnership and distribution opportunities in other jurisdictions, MPXI continues to position itself as an emergent global participant in the cannabis industry.
About Zenabis Ltd.
Zenabis (TSX: ZENA) is a significant Canadian licensed cultivator of medical and recreational cannabis, Zenabis is a significant Canadian licensed cultivator of medical and recreational cannabis, and a propagator and cultivator of floral and vegetable products. Zenabis employs staff coast-to-coast, across facilities in Atholville, New Brunswick; Delta, Aldergrove, Pitt Meadows and Langley, British Columbia; and Stellarton, Nova Scotia. Zenabis currently has 111,200 kg of licensed cannabis cultivation space and four licensed facilities. Zenabis has 3.5 million square feet of total facility space dedicated to a mix of cannabis production and cultivation and its non-cannabis propagation and floral business.
Zenabis expects its Zenabis Atholville, Zenabis Stellarton and Zenabis Langley facilities to be in steady state production in 2020. The Zenabis brand name is used in the cannabis medical market, and the Namaste, Blazery, and Re-Up brand names are used in the cannabis adult-use recreational market."
Dividend announced! I wonder if semi-yearly or annual would cut expenses so the amount could be increased. Just a thought.
" Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce its third quarterly cash dividend ("the Dividend") of $0.01 per share to its shareholders of record at the close of business on August 26th, 2020. The Dividend payment date is September 10th, 2020.
Newport Exploration Ltd. Logo (CNW Group/Newport Exploration Ltd.)
The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend" for Canadian income tax purposes.
The COVID-19 pandemic exacerbated the ill-timed oil price war in early 2020 that resulted in the biggest drop in oil demand, as well as the biggest oil price drop, on record. This resulted in several producers shutting in wells, delaying projects and slashing investment in exploration and development. Global investment in future supply has collapsed, and returns for many producers have fallen below the cost of capital. Meanwhile, as reported in a Company News Release dated July 22nd, 2020, Beach continue to achieve exploration success (particularly on oil fields on ex PEL 91), and with their very low production costs, have achieved both reserve replacement and positive cash flow.
Management believes that based on Beach Energy Ltd.'s ("Beach") FY2020 Fourth Quarter Activities Report (dated 22nd July, 2020), recent exploration success and development of the licenses in the Cooper Basin over which the Company has its 2.5% Gross Overriding Royalty ("GOR"), shareholders should continue to be rewarded with dividend continuity. The move from an annual dividend to a quarterly dividend in 2020 has proved to be the right step as it has provided the Company with the flexibility to maintain its financial position during a very difficult period, while at the same time paying the full quarterly dividend as proposed, despite the exceptional level of uncertainty that still prevails.
The Company's strong balance sheet ensures that it has the ability to maintain regular quarterly dividend payments and possibly increase them in the future without taking on any debt or undertaking any equity financing.
Guidance
As stated previously by the Company (News Release dated July 22nd, 2020), it is material information for shareholders of Newport that Beach report that revenues from their gas sales cover their group operating and stay-in-business costs and that their reported break-even oil price is less than US$0/bbl. Also reported in the same Company News Release, Beach report that their crude sells at a material premium to Brent.
Newport has no control over operating decisions by Beach. Accordingly, this prevents the Company from commenting on Beach's current financial status and/or operating plans going forward. As always, the Company continues to strongly recommend that shareholders and potential investors access material information relevant to the Company as released independently by Beach. This recommendation is particularly relevant with regard to the current uncertainty in the global oil markets.
The Company receives its gross overriding royalty from Beach, which is not a reporting issuer in Canada, therefore Newport is not able to confirm if the disclosure satisfies the requirements of NI 51-101 - Standards of Disclosure for Oil and Gas Activities, or other requirements of Canadian securities legislation.
About Newport
Newport holds a 2.5% GOR on several oil and gas licences and permits in the Cooper Basin in Australia. These permits are currently being operated and explored by Beach and Santos Ltd. ("Santos"), both major Australian oil and gas producers.
The Company continues to strongly encourage shareholders and potential investors to access information released independently by Beach and Santos in order to keep current during exploration, development and potential production of all the licences subject to the Company's GOR. Investors are cautioned that historical results are no guarantee of future results."
Encouraging news re ability to recover massive Carbonite from the Niobium Project. Indicates flotation method and recovery can be achieved at a lower cost and maximum retrieval. Thus revenue production at a maximum.
") (“Plato” or the “Company”), an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to announce the completion of a Preliminary Mineralogical and Metallurgical Study (the “Study”) on a 39.8 kg sample of drill core from the Good Hope Niobium Project, 45 kilometres northwest of the town of Marathon, Ontario.
The study, carried out by Process Mineralogical Consulting Ltd. (“PMC”), of Maple Ridge, B.C., was conducted to determine if the niobium-bearing carbonatites from the Good Hope Niobium Project were amenable to concentration by gravity and flotation methods. These are conventional methods used for Niobium recovery. The sample used for PMC’s study came from a representative sample as chosen by PMC from drill hole PGH-18-10A from Plato’s previous drill program (See Press Release dated September 19, 2018).
The initial preliminary mineralogical and metallurgical study yielded encouraging results. Although a conclusion cannot be determined regarding the quality of the concentrate that it is possible to achieve due to the limited number of tests and small sample size, valuable information was obtained:
Pyrochlore is the only Nb-bearing mineral identified in the sample.
The pyrochlore is not predominantly ultrafine with ~ 4% of the pyrochlore grains being <20 µm.
There does not appear to be any severe metallurgical concerns that would impede the recovery of the pyrochlore to a combined gravity and flotation concentrate.
A typical flowsheet for niobium recovery may include both gravity and flotation: Gravity may be preferred for coarser grained pyrochlore with flotation often applied to finer grained material., Approximately 70% recovery was achieved in the preliminary gravity rougher circuit
Apatite and zircon - were also concentrated in both gravity tests. However, if these diluting agents can be separated from the rougher gravity concentrate, they would be a potential additional source of revenue, as well as increasing Nb grade. This will be tested in future rounds of test work.
Among the recommendations, PMC suggests Plato perform further flotation studies with the selection of a reagent schemes. This may indicate the viability of an all flotation plant and would give further data on pyrochlore concentrate grades and recovery
“We are extremely pleased with these preliminary mineralogical and metallurgical findings,” said Anthony J. Cohen, President & CEO of Plato. “We had not realized the potential for zirconium on this property to be a valuable credit, along with the apatite, to the niobium-bearing pyrochlore. Furthermore, the metallurgy is conventional, and there is an absence of significant amounts of either uranium or thorium which are expensive to handle and/or dispose of,” added Cohen. “We are looking forward to our next drill program now that we have this valuable information, to further develop this well-located niobium project. I could not be more encouraged now to move this project forward,” said Cohen.
Mr. John Fox, P.Eng of Laurion Consulting Inc is the independent “Qualified Person” as defined in NI 43-101, who has reviewed the PMC report and this press release and approved the technical content in this press release."
Think Fire Alarms,Carbon Monoxide Alarms, Viral Presence Alarms and you have an idea as to the HUGE usage such aids command.
That is what KNR has PROVEN reliability in indicating the presence of the COVID 19 virus. Now think of all structures that would be protected. Homes, Apartments, Theaters, Schools, Arenas, offices, ubiquitous. The KNR system of the detection chamber and applicable interaction with the virus is protected by Patent. It would appear that ANY virus would could be treated by this process as well, Having identified the presence of the virus, the area would be locked down for a period of time [ie quarantined] until the KNR device would indicate the virus was no longer active.
So KNR seems to have a very significant revenue generator. As well the reputation of the company and its leadership position in the energy efficiency sector through IoT, Cloud and SaaS technology would be significantly enhanced.
Let's see how the Market reacts.
("Kontrol" or "Company") is pleased to announce that the detection mechanism of the Kontrol BioCloud® analyzer ("BioCloud"), has received initial positive lab results.
Can we measure for COVID-19 like we do for air quality?
Drawing from its extensive industry experience in air emissions and air quality monitoring, Kontrol is developing a new technology designed to detect and alert for COVID-19 in real-time, through rapid on-site air sampling and detection of aerosol and droplet encapsulated viruses in indoor and outdoor environments.
"We are pleased to announce that our detection mechanism, previously announced on August 5th, 2020, has completed its initial proof of concept test results. We have now validated that our detection mechanism can detect COVID-19 specific components in air samples under a controlled experiment," says Paul Ghezzi, Chief Executive Officer of Kontrol. "The controlled testing was conducted by independent consultants, Dr. David Heinrichs, PhD (Heinrichs Laboratory), and Dr. Jimmy Dikeakos, PhD (Dikeakos Laboratory) - experts in the study of Microbiology and Immunology."
Next Stage of Testing
The initial testing was designed to validate the function of the detection mechanism. The testing was limited to a controlled environment with the detection mechanism, and not the complete operation of the BioCloud analyzer.
The next stage of testing will be with the live COVID-19 virus in a controlled environment and the BioCloud prototype operating in real-time. This part of the ongoing testing is anticipated to be completed in the next two to three weeks. It is important to note that Kontrol is not making any representations about the operation of the BioCloud analyzer at this time. Following the testing of the BioCloud analyzer in real-time the lab results will be announced, and a final report will be prepared for the National Research Council of Canada for their review.
"As we continue testing, we have also started the process of establishing procurement and supply chain solutions for the potential production of the BioCloud and we remain in discussions with the National Research Council of Canada for their continued support," says Gary Saunders, VP of Kontrol. "Given the urgency of creating safe spaces as the economy re-opens, we are working around the clock to move our technology forward and we appreciate the efforts of our team."
About Kontrol Energy
Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions
I have done some DD re the new technology KNR is developing to enable functionally the presence of viruses [specifically COVID-19] airborne, water and wastewater environment.
Apparently, that is not a problem as other companies ie Sixth Wave has illustrated, BUT the development of proper economic and functional systems IS patentable/copywrite protectable. KNR has such a system available and will be proving its accessibility shortly. That could be a MAJOR revenue source in itself. Also would illustrate the competence of KNR products in the whole management of space ie condo, apartments, offices and retail space.
Stay tuned.
Market seems to be very negative to Flower. I think its oversold.
Latest financing announced yesterday
"THE FLOWR CORPORATION ANNOUNCES SECOND TRANCHE OF FUNDING FROM TERRACE GLOBAL
The Flowr Corp. has closed on a second tranche of financing in the amount of $500,000 pursuant to the equity line and profit share agreement with Terrace Global Inc. The second tranche will be used to finance the company's outdoor medical cannabis site in Aljustrel, Portugal, which is jointly operated with Terrace Global.
"We are very pleased by the progress in Aljustrel and continue to work closely with Terrace Global towards a successful harvest later this year," commented Vinay Tolia, chief executive officer of Flowr. "Thus far the crops in Aljustrel look very promising and we continue to be on track to harvest the fields in Q4 2020. It's exciting to be leading what we believe to be one of the largest outdoor THC cultivation projects in Europe to date."
As part of the partnership and under the terms of the agreement, Terrace Global has agreed to finance the operations and certain capital expenditures at the company's outdoor facility located in Aljustrel, Portugal, in exchange for common shares and warrants in Flowr. As part of the second tranche announced today, Flowr has issued to Terrace Global 961,538 common shares of the company at a price of 52 cents and an equal amount of common share warrants. Each warrant is exercisable into one full common share of the company at an exercise price of 76 cents per common share for a period of 36 months from Aug. 5, 2020. The second tranche remains subject to the final approval of the TSX Venture Exchange. All securities issued under the second tranche are subject to a customary four-month hold period and may not be traded before Dec. 6, 2020. The parties continue to expect Terrace Global to finance at least $3-million under the agreement.
About The Flowr Corp.
Flowr is a Toronto-headquartered cannabis company with operations in Canada, Europe and Australia. Its Canadian operating campus, located in Kelowna, B.C., includes a purpose-built, GMP (good manufacturing practices)-designed indoor cultivation facility; an outdoor and greenhouse cultivation site; and a state-of-the-art research and development facility. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr intends to service the global medical cannabis market through its subsidiary Holigen, which has a licence for cannabis cultivation in Portugal and operates GMP-licensed facilities in both Portugal and Australia.
About Terrace Global Inc.
Terrace Global is a Canadian company focused on the development and acquisition of international cannabis assets. Its single-minded goal is to unlock value in new jurisdictions. Terrace was created by a group of pioneers in the cannabis space who have come together to build a best-in-class portfolio of assets, across international markets.
Another acquisition proposed by management. OK but I would rather they complete a sale of gems to start producing revenues so we won't see continued share dilution. Isn't the name of the game to justify share value by increased revenue?
"(“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has entered into a share sale agreement (the “ShareSaleAgreement”) through its wholly-owned Australian subsidiary, Capricorn Sapphire Pty Ltd (the “Capricorn”), with Mosley Mining Pty Ltd (the “Vendor”), pursuant to which the Company will acquire all of the issued and outstanding shares of Great Northern Mining Pty Ltd (the “Target”), a mining company located in Australia (the “Acquisition”). The assets of the Target consist of 73 mining leases (the “Tenements”), each located in Australia, as well as certain buildings, plants, fixtures, tools, and other equipment related to the Tenements.
As consideration for the Acquisition, Fura agreed to pay A$2,987,933 (approximately C$2,860,632) to the Vendor, subject to certain adjustments, and less (i) an amount payable to a bank to release a security interest on certain of the Target’s assets, and (ii) an amount equal to any royalties that become payable by the Target in respect of mining activities conducted on the Tenements prior to completion. In accordance with the Share Sale Agreement, on or about the date that the agreement was signed, Fura paid a portion of the consideration (A$293,093 (approximately C$280,465)) as a deposit to be released to the Vendor upon completion of the Acquisition.
The Acquisition is an arm’s length transaction for the purposes of the policies of the TSX Venture Exchange (“TSXV”) and the Company understands that the Acquisition qualifies as an “Exempt Transaction” under TSXV Policy 5.3. Fura is not paying any finder’s fees in connection with the Acquisition. The closing of the Acquisition is subject to the satisfaction of customary conditions precedent; however, the Foreign Investment Review Board of the Australian Government has already indicated that it has no objection to the Acquisition. Closing of the Acquisition is expected to occur in early to mid-August 2020
Finally! Hopefully management can achieve relisting and rebuild the company
"[Over the past 12 months, CannTrust has been working diligently to resolve regulatory deficiencies within its business. On May 29, 2020, the Company confirmed it had received notice of license reinstatement for its Fenwick Perpetual Harvest Facility and immediately recommenced cultivation operations at this location, which are proceeding as planned.
"Our license reinstatement is the result of an enormous amount of hard work by the CannTrust team," said Greg Guyatt, Chief Executive Officer at CannTrust. "Today marks the beginning of the next chapter in CannTrust's history. We have used the last 12 months to improve every aspect of our business, placing a determined focus on regulatory compliance as we remediated, restructured, and evolved. We are excited to return to work with our partners to provide our consumers and patients with high-quality cannabis products."
CannTrust will restart manufacturing operations at its Vaughan facility imminently. With all licenses now reinstated, the Company expects to have cannabis products available during the fourth quarter of 2020.
"CannTrust has undergone significant organizational and operational changes as part of our remediation activities," said Dr. Ilana Platt, the Company's Chief Regulatory Officer. "Regulatory compliance, risk management, and effective oversight are integral to everything we do."
CannTrust remains under CCAA protection to facilitate the Company's efforts to resolve its civil litigation exposures and complete its review of strategic alternatives. These efforts are ongoing, and the Company is unable to predict either their timing or their outcome. In the meantime, the Company remains without meaningful revenues and has terminated or laid-off a significant portion of its workforce. CannTrust plans to begin operations at its Vaughan facility immediately following today's announcement as an important next step towards rebuilding stakeholder trust and delivering high-quality, innovative products to its patients and customers.
Forward-Looking Statements
This press release contains "forward-looking information" within the meaning of Canadian Securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbor laws, and such statements are based upon CannTrust's current internal expectations, estimates, projections, assumptions and beliefs and views of future events."/b]
A possible unexpected find of Nickel may be a significant added value to the holdings of PLN. Further work is planned for immediate investigation,. Stay tuned.
" ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce additional results from its systematic soil geochemical and outcrop sampling program on its precious-base metal and natural pozzolan property in Heffley Creek.
PLAN originally optioned the Heffley Creek Property based on its potential as a source of alumino-silicates as a component of cementitious materials. Canada's largest cement producer conducted significant work on the property in 1998. The work was focused on defining the quality and quantity of alumino-silicates located on a specific portion of the property. This work included geophysics mapping, geological mapping, topographical mapping, grab sample analysis, a drill program, and alumino-silicate reserve calculations. PLAN has access to this data.
At the time, no deal was reached with the prospector who owned the mineral rights to the property. The property's mineral rights were maintained by the prospector and other family members until an option was announced with PLAN in Feb 2020. Currently reported sample results include nickel values as high as 3,330 PPM nickel.
A total of 190 soil samples have been collected to date. PLAN has received results for 109 of these samples with 56% of the samples returning values above 300 PPM nickel while 19% of the samples returned values above 1,000 PPM nickel and 6% of the samples returned values over 2,000 PPM nickel.
The soil survey has defined a nickel-in-soil anomaly, greater than 300 PPM nickel, for a strike length of just over 500 metres. The nickel-in-soil anomaly is open along strike to the south and north, plus uphill to the east. A map is attached which shows assay range values and the strike length in the main area of interest.
Image: https://www.accesswire.com/users/newswire/images/600418/PLANimg108052020.jpg
"I am very pleased with the strike length, the consistency and the grade of the nickel over the entire soil anomaly," indicated Dwayne Melrose, Director and Technical Advisor for PLAN. "PLAN will continue to extend the soil sampling along strike to the north and south and to the east of the nickel soil anomaly. In addition, we will begin rock sampling in the area of interest to locate a potential bedrock source."
"Although our initial intent was to systematically test the soil for precious metals, the soil assays to date have now broadened our focus to include searching for nickel. Additional samples of soil and outcrop in the defined nickel-in-soil anomaly have been placed on a rushed testing schedule and we anticipate that our soil geochemistry testing program will continue into the Fall of 2020 until the weather prohibits soil sampling. With the announcement on July 30, 2020 that we had increased our optioned area from 20 claims to 69 claims, we have significantly more ground to explore before winter," stated Steve Harpur, CEO.
Analyses were completed by the Geochemistry division of ALS Canada. Base metal contents were measured by aqua-regia digestion and analysis on ICP-AES.
The Precious Metals analyses were completed on all samples using fire assay fusion followed by AA finish (Au) or ICP finish (Pt and Pd) to measure gold, platinum, and palladium. Silver was measured using aqua regia digestion.
All samples were grab samples and are not necessarily representative of the mineralization
hosted on the property. PLAN is actively completing additional soil and outcrop sampling and will release additional results as they are received.
Dwayne Melrose, P. GEO, a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release"
Finally what I have been hoping to see. A move to consider the feasibility of ore production from management. The only legitimate reason for the share price to rise is revenue generation. Let's hope it will happen!
I don't know if the developed ability to detect COVII-19 in the enviroment is unique to KNR but this could be a HUGE development for the compsny. 4 weeks is a short period to have an answer. It would be great if it was viable both for the world and ofcourse for the company.
Stay tuned.
" KONTROL RECEIVES APPROVAL FOR GOVERNMENT GRANT TO ACCELERATE THE DEVELOPMENT OF NEW COVID-19 TESTING TECHNOLOGY
Kontrol Energy Corp. has received approval for an initial government grant of $50,000 from the National Research Council of Canada to accelerate its new COVID-19 testing technology, the Kontrol BioCloud analyzer.
Can we measure for COVID-19 like we do for air quality?
Drawing from its extensive industry experience in air emissions and air quality monitoring, Kontrol is developing a new technology designed to detect and alert for COVID-19, in real-time, through rapid on-site air sampling and detection of aerosol and droplet encapsulated viruses in indoor and outdoor environments.
"Our team has been working to bring BioCloud to market since the onset of COVID-19 and we see a great need for a technology which can provide a level of assurance that spaces where individuals work and congregate can be safe," says Paul Ghezzi, chief executive officer of Kontrol. "If successful, BioCloud will be able to provide pro-active virus detection capabilities with an alert and notification system in public settings and to help maintain confidence as economies re-open."
COVID-19 Testing
The current focus of testing for COVID-19 has been individual swabs. While this remains an important part of the testing regime it would not be possible to test all individuals daily in the cases of large gatherings and transportation.
According to the Center for Disease Control: "The virus that causes COVID-19 is thought to spread mainly from person to person, mainly through respiratory droplets produced when an infected person coughs, sneezes, or talks. These droplets can land in the mouths or noses of people who are nearby or possibly be inhaled into the lungs. COVID-19 seems to be spreading easily and sustainably in the community ("community spread").Community spread means people have been infected with the virus in an area, including some who are not sure how or where they became infected."
BioCloud has been designed to operate in open spaces where crowds gather or congregate. Through constant air sampling over designated intervals of time and a propriety detection chamber, designed to interact with COVID-19, BioCloud seeks to provide a real-time detection and alert system. BioCloud's anticipated applications include schools, buildings, hospitals, transportation, or any location where crowds are gathered.
"When we initiated the design of BioCloud we leveraged our extensive experience in sampling for low level particulate matter in industrial facilities which includes air quality, emissions and various gases," said Gary Saunders, vice-president of Kontrol. "We appreciate the government support received to date to accelerate the development of BioCloud."
Development Plan
Kontrol has developed its initial prototype and has commenced lab testing of the detection chamber. The lab will spend the next 4 weeks testing the detection chamber and the applicable interactions with COVID-19. Following the testing period, Kontrol will announce the results and provide further details on its go to market strategy.
Kontrol is not making any express or implied claims that its BioCloud analyzer has the ability to measure or detect COVID-19 at this time.
About Kontrol Energy Corp.
Kontrol Energy is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions."
HURRAH! KNR confirms the very important agreement with NFA
.
" ("Kontrol" or "Company") announces that it has completed the acquisition of New Found Air ("NFA"), previously announced on May 19, 2020. NFA leads a building energy and service platform that ensures the effective monitoring, operation and service of essential heating, cooling, ventilation, and utility systems. The operations of NFA are diversified across the commercial, industrial, and multi-residential building sector.
"By closing the NFA acquisition we are well positioned to expand our technology and smart buildings solutions," says Paul Ghezzi, CEO Kontrol Energy. "NFA has a blue-chip customer base and a service business with growing recurring revenues. These customers represent a new organic growth opportunity for Kontrol's products and services."
Kontrol has acquired 100% of the issued and outstanding shares of NFA for consideration of $2.7 Million; paid as $1.55 Million in cash, $750,000 vendor take-back loan having performance conditions, and the issuance of 727,272 Kontrol common shares at a deemed price of $0.55 cents per share.
NFA will initially be a separate operating subsidiary of Kontrol with an established strong management team which will remain in place. Over the coming six months there will be a transition to a full integration within Kontrol's operating platform and the potential for cost synergies based on the consolidation of staff and administrative systems.
More news from management re warrants exercise providing money for the treasury. Encouraging prognosis
"IMAGINEAR RECEIVES ADDITIONAL $1,000,000 FROM EXERCISE OF WARRANTS FOR A TOTAL OF APPROXIMATELY $4,500,000 IN 2020. LAUNCHES MODERATED FORUM ON AGORACOM TO DIRECTLY ENGAGE INVESTORS & ANSWER QUESTIONS
ImagineAR Inc. has received approximately $4,571,000 from the exercise of 34,207,000 warrants in 2020 up to July 29, 2020.
Today's announcement and new total receipts from warrant exercises was preceded by announcements on July 8 th, in which the Company announced the receipt of approximately $1,500,000 from the exercise of warrants, followed by an announcement on July 20 th of an additional $2,000,000 for a new total of approximately $3,500,000.
FINANCIAL RESOURCES ALLOW IMAGINEAR TO PURSUE ALL AUGMENTED REALITY OPPORTUNITIES
The proceeds from this latest round of warrant exercises is expected to provide ImagineAR with the financial resources necessary to fund growth and operations for a minimum of 30 months, assuming the Company wasn't able to generate any further revenue from business operations.
However, as the Company expects to generate meaningful revenue from its current and anticipated sales pipeline over the next 12 months, as well as, receive additional proceeds from further anticipated warrant exercises, the Company is confident it now has the war chest necessary to pursue all anticipated business opportunities as the demand for its Augmented Reality solutions continues to grow on a weekly basis.
"Today's announcement significantly bolsters our financial strength and resources necessary to execute our business plan," said Paul Silverrstieen, CEO of ImagineAR. "The continued support and confidence of our valued shareholders is deeply appreciated as we aggressively pursue our growth strategy in 2020 and beyond."
Todays PR reveals an agreement with publication company for promotion of KNR. which is OK but they had promised to reveal the name of the company that had signed a major deal using KNR products. Hope that hasn't run into problems.
" ("Kontrol" or "Company") is pleased to announce the launch of a 12-month digital and social media campaign through AGORACOM for the purposes of sharing content to engage with current and potential new shareholders.
Engagement Through the AGORACOM Digital Network
The Kontrol HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 12 months will be live on July 31 and can be found at https://agoracom.com/ir/KontrolEnergy
The Kontrol HUB will receive exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network.
Moderated Discussion for Management and Shareholders
The Company has also launched a Discussion Forum on AGORACOM to serve as the Company's primary social media platform to interact with both current and prospective shareholders in a fully moderated environment.
The Kontrol discussion forum can be found at: https://agoracom.com/ir/KontrolEnergy/forums/discussion
Paul Ghezzi, Chief Executive Officer stated, "We look forward to sharing our exciting growth story and engaging on the AGORACOM platform."
George Tsiolis, AGORACOM Founder stated, "AGORACOM's thesis is that this decade will see more disruption from small cap technology companies than the last two decades combined. Kontrol Energy is combining IoT, Cloud Computing and SaaS technology to reduce energy usage and greenhouse gas emissions. AGORACOM is proud to take the Kontrol Energy message to the market. In 2019, AGORACOM surpassed 600 million page views over 10 years and is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019."
Shares for Services
AGORACOM will receive shares for service under the follow terms for the period of June 2020 to June 2021.
$12,000 Shares for Services upon Commencement for initial set up of HUB, marketing materials and search engine programs.
$12,000 Shares for Services at end of Third Month September 18, 2020
$12,000 Shares for Services at end of Sixth Month December 18, 2020
$12,000 Shares for Services at end of Ninth Month March 18, 2021
$12,000 Shares for Services at end of Twelfth Month June 30, 2021
The deemed price of the securities to be issued will be determined after the date services are provided in each period and are to be calculated using the closing price on each date above.
About AGORACOM
AGORACOM is the pioneer of online marketing, broadcasting, conferences, and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.
I have been giving a lot of thought to,perhaps,why RHT seems to have been capable of signing very significant populations for the company’s medical services but not generating anticipated revenues.
It seems apparent that uploading the patients is Not a simple activity. It involves a listing of each clients complete medical history.All meds, diagnosis, events, chemistry, allergies.etc.etc.
This would involve the Company Agents being knowledgable re medical terms, diagnosis, drugs, and most important the designated numbers of procedures and medical conditions for collection from Medicare and other insurers.
Once the initial upload is completed subsequent inputs would be more routine. But I can see the initial upload could be a significant time {hours] and would require no room for errors.
The above would entail significant expenses to the company as upfront costs. Sales of monitoring devices would provide some revenue but probably it would take significant monthly payments to finely achieve a positive revenue stream.
Covid -19 is, I am sure a major negative at this time, as well.
The most positive fact is that management is running a very successful sale in a busy Market. Many other companies in this field are NOT achieving the contracts that RHT seems to be satisfying potential groups.
Once the uploading is complete, then the revenue flow should show significant profits to justify higher share prices.
Just my take. I’m a long-retired dentist who shared space with medical doctors so have some knowledge. Do your own DD
Important addition to management announced. Should be significant move to develop England and Europe.
"IMAGINEAR ANNOUNCES MIKE ANDERSON, FORMER MD OF THE SUN, AS ADVISOR TO CEO FOR SPEARHEADING UK & EUROPE SALES
ImagineAR Inc. has appointed Mike Anderson to the company as an adviser to the chief executive officer for the purposes of launching ImagineAR platform sales in the United Kingdom and Europe. Mr. Anderson is the former managing director of the Sun and News of the World publications, and founder of the mobile app U.K. development company -- the Chelsea Apps factory. ImagineAR believes Mr. Anderson will significantly accelerate the company's presence and sales throughout the U.K. and Europe.
Mr. Anderson said: "ImagineAR is the most advanced AR platform in the market today and I am excited to launch the company's sales and marketing initiatives in the U.K. and Europe. Its simple application means that organizations can almost instantly start engaging their customers and fans at a time when recovery and renewed market positions are essential. As consumers are slowly returning to stores and sport is coming back, information, offers and simple engagement will need to be more dynamic and shareable. ImagineAR lets marketing ideas to get creative and conversations around brands to escalate, enabling experimentation at value and speed unlike other current AR solutions."
Mike Anderson professional background
Mr. Anderson is a highly regarded leader in the world of digital with his roots firmly based in U.K. media. Part entrepreneur, part corporate animal, he quickly rose through the ranks ending up as marketing director of News UK He worked for Rupert Murdoch and Les Hinton during his rise to the top and made the board room of both News UK and Associated Newspapers (publishers of the Daily Mail). Whilst at Associated Newspapers, Mike was a driving force on the launch team of Metro. As MD, he was instrumental in the paper being cited as a new business case with commercial results not seen previously in the newspaper industry. Mike built a stellar team growing revenue from pounds sterling 100,000 a week to pounds sterling one million per week in just 12 months. Additionally, Mr. Anderson was the founder of the Chelsea Apps Factory which included U.K. clients KPMG, Ladbrokes, Standard Life, TfL, Vanquis and Waitrose.
"Mr. Anderson brings a tremendous track record of success in U.K. Media and mobile app sales," said Alen Paul Silverrstieen, CEO and president of ImagineAR. "With today's paradigm shift in digital marketing and activation throughout the world, mobile augmented reality is a perfect engagement strategy to drive revenue."
Increase in holdings in the Heffley Creek area
(TSXV:PLAN) ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has increased the number of claims it has optioned from Jeremy Marlow at its precious metal and natural pozzolan property in Heffley Creek, BC.
The original option included 20 mineral claims. Mr. Marlow staked an additional 49 mineral claims contiguous to the original 20 claims and optioned them to PLAN.
The original agreement was amended to include the new claims. As consideration for the increased option, PLAN covered the cost of staking the new claims and increased the number of days in 2020 for which it would contract Mr. Marlow to complete exploration on the Heffley Creek Property from 28 days to 31 days.
Systematic soil and outcrop sampling activities are ongoing at Heffley Creek and assay results will be reported as they are received.
"I wish to thank Mr. Marlow for completing this transaction whereby PLAN increased the size of its option. It is our intention to evaluate this property for both its pozzolanic and precious metals potential," stated Steve Harpur, CEO.
Dwayne Melrose, P. GEO, a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release.
ABOUT PROGRESSIVE PLANET
Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.
Progressive Planet operates its flagship Z1 Zeolite Quarry in British Columbia and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Precious Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets.
I'LL be posting my impression of factors we should be
considering when trying to predict the success of the company later today or tomorfrow. But the PR today indicates the major factors to be considered.
"(“Reliq” or the “Company”), a technology company focused on developing flexible, scalable mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, today announced that it has signed a contract with Diversified Healthcare Partners to provide its iUGO Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Behavioral Health Integration (BHI) and Principle Care Management (PCM) platform to over 50,000 eligible Medicare, Medicaid and private insurance patients in Ohio, Oregon and Washington State.
“We are thrilled to be working with Diversified Healthcare Partners (DHP) to bring our iUGO Care platform to over 50,000 eligible Medicare, Medicaid and private insurance patients throughout Ohio, Oregon and Washington State,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “The DHP team has decades of experience in the healthcare industry and an established network across the US. Our contract with Diversified Healthcare Partners will enable Reliq to continue to grow our business in new States. Onboarding in South Texas and Florida has been a challenge for Reliq over the last several months, as the healthcare systems in these areas have been effectively paralyzed by the overwhelming number of new COVID-19 cases. Over the last month we’ve refocused our onboarding efforts on regions where our clients are still able to onboard new patients, including North Texas, Puerto Rico and now Ohio, Oregon and Washington State. In the last month alone, new and existing clients have purchased over 2,000 monitoring devices (ForaCare D40g’s) from Reliq, and we expect the pace of onboarding to continue to accelerate. While the global pandemic has created some short-term challenges for our business in certain regions, it has also created significant new demand for our virtual care solutions in many others. Our pipeline has more than doubled since March as more and more large healthcare organizations recognize the critical importance of caring for their chronic disease patients virtually in the home, particularly with influenza season and a potential second wave of coronavirus infections just around the corner. With the iUGO Care platform clinicians can help their chronic disease patients improve their overall health by better managing their chronic conditions, and reduce their risk of exposure to the novel coronavirus, thereby preventing further strain on the already overburdened acute care system.”
“Diversified Healthcare Partners is an innovative healthcare organization that provides remote patient monitoring, chronic care management, telemedicine and behavioral health monitoring to physician offices, home health agencies, independent living communities, assisted living communities, managed care organizations and accountable care organizations,” said David Carter, CEO of Diversified Healthcare Partners. “Our clients serve over 50,000 eligible patients and that number is growing on a daily basis. We chose Reliq’s iUGO Care as the technology platform we will use with our clients because it is by far the most comprehensive offering in the telehealth space.”
“We have been impressed with not only the ease of use of the iUGO Care platform and its ability to serve the needs of the entire telehealth spectrum, but also with the Reliq team’s deep knowledge of this market, clinical expertise and technical capabilities,” said Keith Laxton, President and COO of Diversified Healthcare Partners. “Working with such a capable partner makes the process of implementing a comprehensive telehealth solution for our clients far easier than we ever expected. We will be able to onboard our first patients within weeks.”
About Diversified Healthcare Partners
Diversified Healthcare Partners provides remote patient monitoring, chronic care management, telemedicine and behavior monitoring to physician offices, home health agencies, independent living communities, assisted living communities, managed care organizations and accountable care organizations throughout the United States (website currently undergoing updates – https://diversifiedhealthcarepartners.com).
About Reliq Health
Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market. Reliq’s powerful iUGO Care platform supports care coordination and community-based healthcare. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF (www.reliqhealth.com)."
No mention of the mineral mills that FRMA had constructed or their gold
ore holdings. Are current shareholders being protected and can the new management act without shareholders approval?
Listening to CNBC last evening, They were rhapsodizing re the price of booming gold. One commentator stressed that NEVADA was developing THE major gold mining in USA. Didn't mention GLM or any other particular company. But nice to hear the area is considered so highly
It is obvious to me that IP management is aware that news of an imminent major contract is near completion and that news of such has been leaked. Attempting to provide fairness to all, they have decided to give notice to all!!
More such investor protection should be exhibited in the Market Place and IP management should be applauded for their efforts.
"IMAGINEAR ANNOUNCES THAT MAJOR NORTH AMERICAN SPORTS & ENTERTAINMENT COMPANY IS MOVING FORWARD WITH AUGMENTED REALITY SOLUTION; CONTRACT IS IMMINENT
ImagineAR Inc. has been put on notice by a major North American sports and entertainment company (NASEC) that a contract is imminent.
As with all large commercial contracts, the Company wants to clearly state there is a risk this deal may not close and cannot yet provide any assurances that it will close. However, ImagineAR is of the opinion that all major hurdles have been dealt with and the path is now clear to contract. Given the size of the NASEC and potential time necessary between our recent notification and actual completion of an agreement, ImagineAR felt this is sufficiently material news that warrants immediate disclose to our shareholders, even before the formal contract is awarded.
Alen Paul Silverrstieen stated "We are taking the extraordinary step of advising our shareholders of an imminent material agreement with NASEC because we now expect it to be formalized in short order. I want to emphasize that no formal agreement has been executed and that we cannot provide any potential dates for or assurances of completion."
DISCUSSIONS WITH MAJOR BRANDS AND RETAILERS FOR AUGMENTED REALITY SOLUTIONS TO ENGAGE AND ACTIVATE CONSUMERS
ImagineAR is taking this opportunity to advise shareholders that we are in various stages of discussions with several major brands and retailers, which recognize the important role our Company's augmented reality solution can play in delivering both consumer engagement and activation during this unprecedented time. Though none of these discussions have risen to the imminent status of NASEC, the Company can confirm that some are at advanced discussion stages.
IMAGINEAR JOINS GLOBAL SPORTS AND INNOVATION CENTER
ImagineAR has just joined the GSIC (Global Sports Innovation Center) powered by Microsoft with headquarters in Europe. Earlier this month, ImagineAR was one of the 16 top-ranked start-ups of the 2020 WFS StartCup by GSIC World Football Summit and Global Sports Innovation Center and presented its fan engagement augmented reality platform to the judging panel. Finalists are expected to be announced on July 27, 2020.
The GSIC facilitates synergies and provides its partners with value-added services that enable sports entities and companies to grow and develop with the help of experienced professionals in different environments such as finance, innovation and product development.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
About GSIC
Global Sports Innovation Center powered by Microsoft (GSIC) is a business cluster powered by Microsoft Sport Team that gathers all kind of sports entities (clubs, federation, associations), institutions, tech-companies (from start-ups to enterprises), research organizations, investors and key figures of sport industry to improve its value chain. To do so we focus our activities and services on 6 main points: entrepreneurship, networking, applied research, showcase, Microsoft Partners Solutions and digital transformation advisory services. More than 340 companies from 38 different countries have already received support from the GSIC through different activities, as well as from their ambassadors and network of professionals of the sports industry.
PP confirmation. Shows major participation by insiders. usually a positive indicator.
"Discovery Harbour 54,545,454-share private placement
2020-07-23 17:46 CT - Private Placement
Shares issued 39,672,840
DHR Close 2020-07-23 C$ 0.105
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 29, 2020.
Number of shares: 54,545,454 shares
Purchase price: 5.5 cents per share
Warrants: 54,545,454 share purchase warrants to purchase 54,545,454 shares
Warrant exercise price: 10 cents for a three-year period
Number of placees: 117 placees
Insiders: Rodney Stevens, 463,636; Jason Cubitt Holdings Inc. (Jason Cubitt), 200,000; MC Fields Ventures Inc. (Mark Fields), 700,000; AlphaNorth Asset Management, 10 million
Total pro group involvement: 3,895,000 (14 placees)
Finders' fees: $33,000 and 600,000 broker warrants, payable to AlphaNorth Asset Management; $73,699.69 and 1,339,994 broker warrants, payable to Haywood Securities Inc.; $4,075.50 and 74,100 broker warrants, payable to Leede Jones Gable Inc.; $14,889.11 and 270,711 broker warrants, payable to Pl Financial Corp.; $35,739 and 649,800 broker warrants, payable to Canaccord Genuity Corp. (The broker warrants are exercisable at 10 cents for a period of three years.)"
Hope the minor delay in closing the acquisition was not due to changes imposed unilaterally.ie requirements were reached by both parties amicably I have no idea and do not wish to imply that is the case. Just my paranoia
"("Kontrol") is updating its anticipated closing date for its previously announced acquisition (May 19th, 2020) (the "Acquisition") of a building solutions company (the "Target").
Subject to final Board approval, the Acquisition is scheduled to close on July 31st, 2020 (the "Closing Date"). This revised date was agreed on by Kontrol and the Target as it aligns with the Target's fiscal year end of July 31st
Again wonderful news regarding royalties from Australia
"VANCOUVER, BC, July 22, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to provide an update on production and drilling activities on licenses in the Cooper Basin, Australia over which the Company has a 2.5% gross overriding royalty ("GOR"). This information was reported by Beach Energy Ltd ("Beach") (ASX: BPT) in its ASX Announcement, FY2020 Fourth Quarter Activities Report dated 22nd July, 2020.
In light of the recent turmoil in global oil markets as a result of a drastic decline in demand caused by the effects of COVID-19, the Company strongly advises shareholders to access the Beach Fourth Quarter Activities Report that demonstrates the position of Beach (the operator of the GOR licences going forward, which is in drastic contrast to many oil producers with higher operating costs and punishing debt loads. In their Announcement dated July 22nd, 2020, Beach report that they ended FY2020 with $50 million net cash and with access to $500 million in liquidity.
PRODUCTION
Beach report Western Flank quarterly production was 2.6 MMboe, unchanged on the prior quarter.
Beach report gross overage daily oil production from the Western Flank was 23.9kbbl, down 4% on the prior quarter. (NOTE: Western Flank includes the Company's GOR licences ex-PEL's 91, 106, and 107, as well as licenses ex-PEL's 92, 104 and 111, over which the Company does not have a GOR).
Beach report that oil production from ex-PEL 91 decreased only 4% to 1,805 kboe. Ex-PEL 91 continues to make a major contribution to Beach's operated oil production.
Another 8 new oil wells were brought online in the quarter, comprising six horizontal producers and two vertical producers.
Beach report that six artificial lift projects were completed in the quarter, with two additional projects completed subsequent to quarter end.
An ESP (Electrical Submersible Pump) installation at Bauer North 2 was completed at 1200 bpd.
Bauer 51 and Bauer 55 were both brought on-line with an initial rate of 800bopd. (As previously reported in a Company News Release dated April 22nd, 2020, Beach's longest McKinlay horizontal development well, Bauer-39, averaged approximately 2,900bbl/d on ESP through March).
At the end of Beach's fourth quarter seven oil wells are awaiting connection.
Beach report's Western Flank gas and gas liquids production was 568 kboe, up 16% on the prior quarter.
DRILLING
Highlights of the fourth quarter drilling by Beach on ex-PEL 91 were;
Seven horizontal oil development wells were successfully drilled on the Bauer Field, including the Bauer 55 horizontal development well which extended the Bauer North structure to the north.
Five appraisal wells were drilled across the Bauer North, Congony, Kalladeina and Kalladeina North Fields. Two producers were added;
Kalladeina 11 extended the Kalladeina Field limit to the south-east.
Bauer North 5 was cased and suspended as a future Birkhead formation producer.
GUIDANCE
As stated previously by the Company (News Releases dated March 30th and April 22nd, 2020), it is material information for shareholders of Newport that Beach report that revenues from their gas sales cover their group operating and stay-in-business costs and that their reported break-even oil price is less than US$0/bbl. Also reported in the same Company News Releases, Beach report that their crude sells at a material premium to Brent.
Newport has no control over operating decisions by Beach. Accordingly, this prevents the Company from commenting on Beach's operating plans going forward. As always, the Company continues to strongly recommend that shareholders and potential investors access material information relevant to the Company as released independently by Beach. This recommendation is particularly relevant with regard to the current uncertainty in the global oil markets.
The Company receives its gross overriding royalty from Beach, which is not a reporting issuer in Canada, thereforeNewport is not able to confirm if the disclosure satisfies the requirements of NI 51-101 - Standards of Disclosure for Oil and Gas Activities, or other requirements of Canadian securities legislation."
Interesting extension of MPXI in educational access development
"“MPXI” or the “Corporation”) (CSE:MPXI) (OTCQX:MPXOF), a multinational diversified cannabis company, is pleased to announce that its wholly-owned subsidiary, 2702148 Ontario Inc. dba Medical Cannabis Learning Network (“MCLN”), a leading Canadian private web-based cannabis portal, has entered into a non-exclusive agreement dated July 15, 2020 (the “Agreement”) with Miramedia Retail Inc. (“Miramedia”) to create a new MCLN branded web-based portal, “MiraCBD”: https://miracbd.ca.
The Agreement calls for MPXI, in conjunction with Miramedia, to jointly develop the MiraCBD portal and for Miramedia to utilize with retailers, natural health practitioners and consumers to connect their customers to the MCLN platform.
MiraCBD will provide retailers, natural health practitioners and consumers with access to the MCLN platform which operates as: (a) a private network educational platform, providing information about the use of medical cannabis; (b) a telemedicine medium providing patient access to medical practitioners for advice and cannabis prescriptions from MCLN’s affiliate, Spartan Wellness Corporation; and (c) a sales platform for Canadian cannabis Licence Holders. MCLN earns educational and consultation fees from Licence Holders subscribing to its services.
“We work with retailers and natural health practitioners who are very passionate about the role of CBD and THC for their client’s health,” stated Miramedia’s co-founder, Raji Kalra. “We are excited to be able to create the MiraCBD portal to educate consumers on the natural benefits of medicinal CBD/Cannabis.”
“We continue to find innovative ways to expand the Medical Cannabis Learning Network,” said Michael Arnkvarn, Chief Operating Officer, Canada of MPXI. “This relationship will provide a significant and fluid referral program between Miramedia’s network of retailers, natural health practitioners and the MCLN and allow us to continue to expand the MCLN’s potential for new revenue generation.”
About Miramedia Retail Inc.
Miramedia Retail Inc. is a retail technology company. It owns and operates Peopletail, one of Canada’s largest product review communities that enables people-to-people shopping, and where consumers discover products before they buy. Peopletail connects user reviews to over 900 e-commerce retailers. Miramedia Retail is part of IBM’s Tech Accelerator Program where they use Watson to collect and share consumer insights for brands they work with through the Peopletail platform.
About MCLN
MCLN is a video learning engagement and reward company specializing in the development and delivery of video learning for distribution to doctors, patients and staff through the MCLN portal, a private, secure and controlled medical cannabis network. The MLCN is designed to, among other things, educate and inform individuals on medical cannabis, facilitate compliant medical consultations and permit the sale of cannabis products from licence holders through the fulfillment of medical cannabis prescriptions"
Everything now in place to begin the necessary drilling!! Remember, don't trust any "visual" reports as being reliable. Only the ASSAYS will tell us the true value of the property!! All things crossed in hopes of favourable gold results. Its been a long hold for me as an original investor.
""Discovery Harbour") is pleased to announce it has closed its fully subscribed non-brokered private placement for $3 million with a lead order from Palisades Goldcorp Ltd. and a co-lead order by AlphaNorth Asset Management. The company issued 54,545,455 units (each, a "Unit") at a price of $0.055 per Unit for gross proceeds of $3,000,000 (the "Offering"). Unless otherwise noted, all amounts noted in this news release are in Canadian dollars.
Each Unit consists of one common share of the Company (each, a "Share") and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to purchase one Share at a price of $0.10 per Share for a period of three years following the closing of the Offering (the "Closing").
In connection with the Offering the Company paid cash fees of $161,403 and issued 2,934,605 Warrants exercisable at $0.10 for a period of three years from closing to certain finders.
Certain insiders of the Company participated in the Offering. The issuance of Units to insiders of the Company pursuant to the Offering is considered a related party transactions within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The Company intends to rely on exemptions from the formal valuation and minority approval requirements of sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of such insider participation, based on a determination that fair market value of the participation in the Offering by insiders will not exceed 25 per cent of the market capitalization of the Company, as determined in accordance with MI 61-101.
The Units issued on Closing are subject to a four-month hold period under Canadian securities law. Aggregate gross proceeds from the sale under the Offering will be used for (i) a planned drill program on high priority targets on the Company's Caldera epithermal gold project in southern Nevada, (ii) to repay outstanding debt, and (iii) for general working capital purposes.
Mark Fields, President & CEO comments "We are very pleased with the strong response to our offering and it was unfortunate that we were not able to accommodate all the interest expressed. I am very much looking forward to the planned Caldera drill program which is now fully funded. Discovery Harbour will now have the opportunity to drill deeper than any previous drilling at Caldera including, at selected specific targets, to a depth of approximately 300 metres or more. I'd like to extend my thanks to all the current shareholders who participated and welcome our new investors. We look forward to effectively and efficiently drilling our Caldera targets."
None of the Units issued will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news 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.
About Palisades Goldcorp
Palisades Goldcorp is Canada's new resource focused merchant bank. Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable financiers. With junior resource equities valued at generational lows, management believes the sector is on the cusp of a major bull market move. Palisades is positioning itself with significant stakes in undervalued companies and assets with the goal of generating superior returns.
About AlphaNorth Asset Management
AlphaNorth Asset Management is a Toronto based investment manager. AlphaNorth believes that superior long term equity returns are achievable by exploiting inefficiencies in the Canadian small cap universe through careful security selection. The firm combines technical analysis with both a bottom-up and top-down strategy in the selection of investments offering the best reward versus risk opportunities.
About Discovery Harbour Resources Corp.
Discovery Harbour is a Canadian TSX Venture Exchange listed company (TSXV: DHR) focused on sourcing, exploring and developing mineral properties, with a strategic focus on gold projects, in order to enhance shareholder value. Its current focus is the Caldera low sulphidation epithermal gold project in southern Nevada."[b}
I already posted the LOOP PR re the link with IP.
The IP rendition also included the following positive news.
"
[bMAGINE AR RECEIVES OVER $3,500,000 FROM EXERCISE OF WARRANTS
Pursuant to the Company’s press release of July 8, 2020, in which ImagineAR announced it had received over $1,500,000 from the exercise of warrants to fund our Augmented Reality growth and operations, the Company is pleased to advise the total has now surpassed $3,500,000.
The proceeds from this latest round of warrant exercises is expected to provide ImagineAR with the financial resources necessary to fund growth and operations for a minimum of 24 months, assuming the Company wasn’t able to generate any further revenue from business operations.
However, as the Company expects to generate meaningful revenue from its current and anticipated sales pipeline over the next 12 months, as well as, receive additional proceeds from further anticipated warrant exercises, the Company is confident it now has the war chest necessary to pursue all anticipated business opportunities as the demand for its Augmented Reality solutions continues to grow on a weekly basis.]
A VERY significant joining of IP and LOOP could be a major
revenue source for both companies. This is BIG League building!
"Loop Insights Inc. (TSXV: MTRX) (the "Company" or "Loop"), a provider of contactless solutions and Artificial Intelligence ("AI") to drive marketing and real-time consumer insights, is pleased to announce the signing of an MOU with ImagineAR (CSE: IP); (OTCQB: IPNFF) an Augmented Reality ("AR") mobile platform.
The integration of each company's respective technologies into a singular platform will deliver personalized promotions and targeted engagement, leading to higher conversions and transaction revenue in the professional sports, entertainment, and retail industries.
Both companies are well supported and positioned with Loop recently becoming a member of the Amazon Partner Network and ImagineAR being a Microsoft co-sell Azure partner. ImagineAR clients include NBA Sacramento Kings, AT&T, Mall of America, and the Basketball Hall of Fame.
LOOP INSIGHTS ENTERING COMMERCIALIZATION WITH TIER-1 CUSTOMERS AND NORTH AMERICAN TELECOM GIANTS
On July 13, 2020, Loop announced the acceleration of conversations and projects with two of Canada's largest telecommunications companies, as well as, two of the largest network providers in the United States. Moreover, the Company is in advanced discussions with major organizations in the NFL, NHL, NCAA, and a globally renown Casino company.
Loop Insights CEO Rob Anson stated: "Loop Insights utilization of Artificial Intelligence and IoT technology was already turning heads in retail with our ability to deliver dynamic, personalized promotions in real-time. With ImagineAR's immersive AR applications, we can create a whole new world of engagement that does not exist today. Together, our innovative solution unlocks engagement strategies that consumers simply have not previously experienced. This is the convergence of AI, IoT, and AR that technology companies have been promising the retail industry for years."
THE COMBINED OFFERING AND MARKET OPPORTUNITY
ImagineAR allows its clients real-time engagement with their consumer using mobile augmented reality. Loop Insights enhances the AR solution with artificial intelligence to make the customer experience hyper-personalized promotions for the purpose of generating a higher average spend. Loop and ImagineAR will jointly introduce their platform to each other's global client networks to increase reach and accelerate scalability. Revenues will be driven through onboarding and annual licensing fees, both companies will also benefit from monthly Software as a Service (SaaS) and managed service fees.
ImagineAR CEO Paul Silverrstieen added: "Both of our companies are already focused on the sports, entertainment and retail industries. ImagineAR's platform solution captures fan and consumer attention with its immersive experiential AR activations. Now with Loop's integration, we can offer highly personalized, dynamic targeted promotions to increase loyalty and consumer spend, as well as marketing attribution to create detailed fan loyalty profiles, for our shared global clients."
Together, the companies plan on seizing huge market opportunities in AR and AI. According to Allied Market Research, in 2017, the global augmented and virtual reality market size was $11.35 billion and is now projected to reach $571.42 billion by 2025—growing at a CAGR of 63.3%. The global artificial intelligence market size was estimated at $39.9 billion in 2019 and is expected to reach 62.3 billion by the end of this year (2020) alone. The companies are set on capturing meaningful market share by merging their respective groundbreaking technologies, which are already achieving 3rd party validation.
About ImagineAR Inc.
ImagineAR is an augmented reality (AR) platform that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks, and more to instantly engage videos, information, advertisements, coupons, 3-D holograms, and any interactive content all hosted in the cloud and managed using a menu-driven portal.
About Loop Insights: Loop is a Vancouver-based technology company that provides transformative artificial intelligence services and IoT solutions to the brick and mortar retail industry to support its longevity in the face of a growing online consumer culture. At the core of its solution is the Fobi IoT technology, which has the unique ability to connect company-wide data with in-store transactional data in real time. This disruptive capability creates revenue-generating insights, which can be actioned through Loop's automated personalized marketing platform to increase foot traffic, wallet share, loyalty and spend."
R
Finally some positive news from management
"(“Reliq” or the “Company”), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, today announced that it has signed a contract with digiiMED, LLC to provide Reliq’s iUGO Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Behavioral Health Integration (BHI) and Principal Care Management (PCM) platform to digiiMED’s Medicare and private insurance patients in Puerto Rico.
“We are very excited to be expanding our business into Puerto Rico, a US territory with a population of over 3 million people,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Half of all adults in Puerto Rico have at least one chronic condition, over 42% percent of the population have hypertension and over 16% suffer from diabetes. In the midst of a global pandemic that is overwhelming healthcare systems in States like Texas, Florida and Georgia, it is vital that areas like Puerto Rico protect their high risk chronic disease populations through virtual care programs like iUGO Care’s RPM, CCM, BHI and PCM. Keeping chronic disease patients healthy and at home reduces the risk of exposure to the virus for this vulnerable group, limiting the spread of the virus in the total population and helping to keep the healthcare system functioning for all of the citizens of Puerto Rico. Many communities in Puerto Rico face infrastructure challenges similar to those we address with our remote and rural clients in Canada and the US, such as lack of conventional internet connections and limited access to in-home care, so Reliq is uniquely positioned to meet the needs of this market. digiiMED is a leading healthcare solution provider in Puerto Rico with a proven understanding of the local market and an extensive network of care providers and patients on the island. We look forward to working with the digiiMED team to improve access to care and health outcomes for their clients’ chronic disease patients.”
“At digiiMED, our goal is to bring improvements to the health and well being of the people of Puerto Rico,” said Jose Alvarez, CEO of digiiMED and Surgical Solutions Puerto Rico. “Through our existing contracts with healthcare providers on the island we have access to over 200,000 chronic disease patients who will benefit greatly from Reliq’s iUGO Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Behavioral Health Integration (BHI) and Principal Care Management (PCM) solutions. We selected Reliq as our technology partner and iUGO Care as the software platform for our clients after an extensive review of all commercially available digital health solutions. Reliq’s iUGO Care platform has the most comprehensive capabilities of any virtual care software solution, but is also intuitive and easy to use for both clinicians and patients. Reliq’s highly qualified, experienced clinical team was able to help us develop a customized Care Management program that will meet the specific needs of our client populations. Having access to Reliq’s existing Spanish-speaking Care Management and Implementation teams in Texas and Florida will enable digiiMED to onboard physicians and patients immediately while we expand our own customer support team in Puerto Rico.”
About digiiMED
digiiMED is a spin-off of Surgical Solutions Puerto Rico. digiiMED provides innovative digital health solutions to care providers in Puerto Rico and Latin America. Surgical Solutions has been working with primary care physicians, neurosurgeons, orthopedic surgeons and other healthcare professionals in Puerto Rico and Latin America since 2003. The company has experienced double digit growth year over year for the past ten years and has over 25% market share in Puerto Rico in the Spine, Trauma, Thoracic, CMF, Intra Operative Neuro Monitoring and Orthopaedic Surgeries Market. Learn more at https://ss-pr.com.
About Reliq Health
Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market. Reliq’s powerful iUGO Care platform supports care coordination and community-based healthcare. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF."
Medgold completes PP
"The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 7, 2020.
Number of shares:40 million shares Purchase price:five cents per share Warrants:40 million share purchase warrants to purchase 40 million shares Warrant exercise price:10 cents for a three-year period Number of placees:30 placeesInsider:Jeremy Crozier, 600,000Total pro group involvement:295,000 (one placee) Finders' fees:Canaccord Genuity Corp. receives $42,000 and 840,000 non-transferable warrants, each exercisable for one share at a price of 10 cents for three years. Haywood Securities Inc. receives $1,500 and 30,000 non-transferable warrants, each exercisable for one share at a price of 10 cents for three years."
The deal is done. Now we must wait and see what the new Board has planned,
"(CSE:COOL)(OTCQX:CLABD)(Frankfurt:LD62, WKN:A2P8K3) (the "Company") is pleased to announce that it has completed the acquisition (the "Acquisition") previously announced on June 5, 2020, of all of the outstanding share capital of Rejuva Alternative Medicine Research Centre Inc. ("Rejuva") and one-quarter of the non-voting participating share capital of Shahcor Health Services Inc. ("Shahcor").
Rejuva and Shahcor are privately held companies which operate walk-in medical clinics located in Vancouver and West Vancouver, British Columbia, and maintain a database of over 200,000 patients, combined. The Company intends to further develop its product offerings through research and development in these clinics, including the integration of intellectual property related to psychedelic treatments and novel drug therapies. The Company will aim to prove increased efficacy and bioavailability of existing and novel drugs, including psilocybin, with its proprietary delivery methods currently utilized by its CannaStrip technology. Bioavailability of cannabis constituents in the Company's CannaStrips infused strip allow for more efficient absorption of the active ingredients, which is an optimum delivery system for microdosing. Medical patients who want to receive alternative health treatments can use this less invasive way of treatment to help alleviate their symptoms and complications. Core One and Rejuva plan to advance psychedelic-derived treatments and establish a portfolio of intellectual property, through human clinical trials, to build a robust drug development platform in the psychedelic medicine space.
The Acquisition was completed pursuant to share exchange agreements, dated effective July 9, 2020, entered into with each of the shareholders of Rejuva and Shahcor. In consideration for all of the outstanding share capital of Rejuva, the Company has issued 23,000,000 common shares to the existing shareholders of Rejuva. In consideration for one-quarter of the non-voting participating share capital of Shahcor, the Company has made a one-time cash payment of $400,000 and has issued 5,555,556 common shares to the existing shareholders of Shahcor.
The existing shareholders of Shahcor will also be eligible to receive a one-time bonus payment of $1,000,000 (the "Bonus Payment") in the event Shahcor achieves monthly recurring revenue of at least $30,000 in the three months following completion of the Acquisition. At the election of the Company, the Bonus Payment will be payable in cash, or common shares of the Company, based upon the volume-weighted average closing price of the common shares of the Company on the Canadian Securities Exchange in the ten trading days prior to the issuance of the shares.
The Company is at arms-length from each of Rejuva, Shahcor, and their respective shareholders. The Acquisition does not constitute a fundamental change for the Company, nor has it resulted in a change of control of the Company, within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. In connection with completion of the Acquisition, the Company has issued 2,300,000 common shares (the "Finders Fee Shares") to an arms-length third-party that assisted in introducing the Acquisition to the Company. The Company has also issued 571,111 common shares (the "Administrative Fee Shares") and paid $8,000 as an administrative fee to a consultant who assisted with completion of the Acquisition. The Finders Fee Shares are subject to a statutory hold period, expiring on November 11, 2020, in accordance with applicable securities laws.
About Core One Labs Inc.
Core One Labs Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The Company's technology produces infused strips (like breath strips) that are not only a safer, healthier option to other forms of delivery but also superior bioavailability of cannabis constituents. Some strips will also include supplemental co-active ingredients such as nutraceuticals, vitamins and peptides. The technology provides a new way to accurately meter the dosage and assure the purity of selected product."
IManagement continues promoting IP,IPNFF expansion in the AR Market place
"(CSE: IP) (OTCQB: IPNFF), the ONLY Self-Service Augmented Reality Platform for sports teams and businesses to instantly create immersive campaigns around the world is excited to announce that ImagineAR CEO Alen Paul Silverrstieen will be presenting at Wall Street Reporter's "Next Super Stock" livestream conference on July 10th, 2020 at 12:30pm EDT.
Alen Paul Silverrstieen will discuss European Expansion into the Football Sports Marketplace; ImagineAR Mobile App Upgrade to Support Tik Tok, Instagram & Twitter; and the exponential market growth of Location-based AR engagements in today's new world with social distancing.
ImagineAR's live presentation will take place at 12:30PM Eastern, on Friday July 10th, 2020.
Management seems to be getting serious regarding development of their holdings
"Plato Gold Corp. has engaged the services of Hoewler International Investor Relations and Consulting in Oyten, Germany for a period of 6 months.
Maurice Hoewler will inform investors in the German speaking area of Central Europe about the group of assets that Plato controls in both the critical metals and precious metals areas and in his role will represent the company in Europe. Plato is currently waiting for mineralogical and metallurgical test results of core samples from its Good Hope niobium project. The results in metallurgy will help advance this important project forward in its development. Niobium is one of the United States and Canadian government's strategic and critical metals used in a variety of high technology uses such as EV batteries, quantum computing and defense applications that make domestic supply critical to protecting our way of life."
IPNFF raising significant revenue from exercise of warrants
" ("ImagineAR" or "Company") an Augmented Reality Company that enables sports teams, businesses, retailers and organizations to instantly create their own AR mobile campaigns, is pleased to announce the receipt of more than $1,500,000 from the exercise of warrants.
WARRANT PROCEEDS PROVIDE GROWTH CAPITAL FOR 12 MONTHS AND BEYOND
The proceeds from this latest round of warrant exercises provides ImagineAR with the financial resources necessary to fund growth and operations for a minimum of 12 months, assuming the Company wasn’t able to generate any further revenue from business operations.
However, as the Company expects to anticipate meaningful revenue from its current and anticipated sales pipeline over the next 12 months, as well as, receive additional proceeds from further anticipated warrant exercises, the Company is confident it now has the war chest necessary to pursue all anticipated business opportunities as the demand for its Augmented Reality solutions continues to grow on a weekly basis.
FINANCING PROCEEDS IN 2020 TOTAL APPROXIMATELY $3,000,000
“Today’s announcement significantly bolsters our financial strength and resources necessary to execute our business plan without any further fundraising required at this time.” said Alen Paul Silverrstieen President & CEO of Imagine AR Inc. “Taking into account the $1.5 million raised by way of oversubscribed convertible debenture on February 26, the continued support and confidence of our valued shareholders is deeply appreciated as we aggressively pursue our growth strategy to become the leading augmented reality platform in 2020 and beyond. "
Second Tranche of PP completed and closing of acquisition predicted.
("Kontrol" or "Company") is pleased to announce that it has closed a second tranche of its previously announced P
rivate Placement (see news release dated June 24th, 2020). Gross proceeds from the second tranche were $730,000 and $1,977,000 for the total raise. Kontrol further announces that it anticipates completing the previously announced building solutions company acquisition the week of July 13th, 2020 (the "Acquisition") (see Kontrol's press releases dated May 19th, 2020 and June 24th, 2020).
Cash commission equal to $79,800 were paid to finders or brokers, in addition to common share purchase warrants ("Compensation Warrants") entitling the finders to purchase 133,500 common shares at a price of $0.60 prior to or on June 30, 2022, and at a price of $0.70 thereafter until June 30, 2023. All securities issued under the Private Placement are subject to a four month hold period expiring November 7th, 2020 in accordance with applicable securities laws and the policies of the Canadian Securities Exchange ("CSE").
Paul Ghezzi, the Company's CEO, stated: "We are very pleased with the interest in and positive market response to our private placement. We look forward to completing our previously announced Acquisition and growing our connected buildings and customer base."
Consolidation 2 shares in to 1 on July 9. Then new management must work their magic.
"COOL)(OTCQX:CLABF)(Frankfurt:LD6, WKN:A14XHT) (the "Company") is pleased to announce that its common shares will begin trading on a post-consolidated basis at the opening of markets on July 9, 2020 under the existing ticker symbol "COOL".
As previously announced, the Company will be consolidating (the "Consolidation") its outstanding common share capital on the basis of two (2) pre-Consolidation shares for every one (1) post-Consolidation share. As of the date of this news release, the Company has 79,081,741 common shares issued and outstanding. Following completion of the Consolidation, it is anticipated that the Company will have approximately 39,540,871 common shares issued and outstanding, not including rounding adjustments for any fractional amounts resulting from the Consolidation. The exercise price and number of common shares issuable upon the exercise of the Company's outstanding options and warrants will be proportionally adjusted upon completion of the Consolidation in accordance with the terms thereof.
The Consolidation will be completed by way of "pushout", without a letter of transmittal. Upon completion of the Consolidation, all pre-Consolidation share certificates will be considered null and void and the Company's shareholders of record will receive Direct Registration Advice (DRS) statements with respect to the number of post-Consolidation shares held by such shareholders of record. Shareholders holding shares through brokers, banks or other intermediaries should consult with their broker, bank or other intermediary with respect to their post-Consolidation shareholdings.
The Company also announces that upon completion of the Consolidation it will grant a series of 2,100,000 incentive stock options (each, an "Option") to certain consultants and employees of the Company. Each Option will vest immediately upon grant, and will be exercisable to acquire a post-Consolidation common share of the Company, at a price of $0.67 per share, for a period of sixty months."
A major change in the Board of ILI.. Mr. England has lead the company in its move first into Lithium projects and now into the Red Lake mineral projects. . Hope this change strengthens the board,
" ("ILI" or the "Company") (ILI-TSX:V) (OTCQB:ARXRF) announces the appointments of Mr. J.C. St-Amour, M.Sc., CFA. and Mr. Jonathan Gagné, Eng., MBA, to its Board of Directors effective immediately. Mr. St-Amour will also assume the role of President in place of Mr. Mike England who will remain on the Board.
Mr. St-Amour has over 20 years of mining industry experience in corporate finance and mergers & acquisitions. He has a masters degree in geology and is a Chartered Financial Analyst with strengths and expertise in capital markets, financial and investment analysis, asset valuation, due diligence, and managing financing and M&A transactions in the natural resource sector. During his career, J.C. has held various investment banking and senior management roles, including Director, Investment Banking and member of the Executive Committee with Fraser Mackenzie Limited; Vice President, Investment Banking at Blackmont Capital Inc.; Senior Vice President, Corporate Development and Chief Financial Officer at Defiance Mining Corporation and Vice President, Corporate Development at Rio Narcea Gold Mines Ltd.
Mr. Gagné has a B.Sc. in Mining Engineering from École Polytechnique de Montréal and an MBA with a specialization in Corporate Finance from Université du Québec à Montréal. Mr. Gagné has more than 12 years of experience in the mining sector in terms of project development, operation and management. Mr. Gagné began his career being involved in the construction and commissioning of the Meadowbank gold project located in Nunavut. He was head of the mining engineering department for SGS Geostat, a mining services company specializing in computer-assisted mineral resource estimation services using cutting edge geostatistical techniques. Mr. Gagné also was the responsible engineer to support the open-pit operations for Glencore Zinc globally. Most recently, he was General Manager of Sayona Quebec and currently works for Greenstone Gold Mines, which aims to develop the Hardrock Gold Project located in Ontario and is also a director of Vision Lithium Inc.
"The additions of both J.C. and Jonathan to our Board brings Infinite exceptional depth given the combined skill sets and expertise they have gained during their careers. Timing is perfect as we become very active on our Red Lake, Ontario portfolio." stated Mike England, Director of Infinite Ore Corp."
This will start the new COOL Board with new Management. Could become a reasonably effective company after a rocky history
"Core One Labs Inc. (CSE:COOL)(OTCQX:CLABF)(Frankfurt:LD6, WKN:A14XHT) (the "Company") is pleased to announce that it has completed a non-brokered private placement of 42,105,264 units (each, a "Unit") at a price of $0.095 per Unit for gross proceeds of $4,000,000.08. Each Unit consists of one common share of the Company, and one-half-of-one common share purchase warrant (each, a "Warrant"). Each whole Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.35 per share until July 3, 2022.
The Company anticipates utilizing the proceeds of the placement for the evaluation of its proposed acquisition of interests in Rejuva Alternative Medicine Research Centre Inc. and Shahcor Health Services Inc. and other potential strategic acquisitions, to retire existing payables and for general working capital purposes.
In connection with completion of the placement, the Company paid finders' fees of $31,946.84 and issued 869,781 Warrants to certain arms-length parties who assisted in introducing subscribers to the Company. All securities issued in connection with the placement are subject to a statutory hold period in accordance with applicable Canadian securities law until November 4, 2020.
The Company also announces that, effective immediately, Joel Shacker has been appointed as Chief Executive Officer of the Company, and Ryan Hoggan has been appointed as a director of the Company. Messrs. Shacker and Hoggan fill the vacancy created by Brad Eckenweiler who has resigned as a director and officer of the Company but will remain with the Company in a temporary advisory capacity to assist with the transition of any ongoing matters. The board of directors of the Company expresses its gratitude to Mr. Eckenweiler for his previous service to the Company.
Mr. Hoggan joins the Company from Mota Ventures Corp., where he currently serves as Chief Executive Officer. He brings more than eighteen years of leadership, global business development and entrepreneurship experience in the health equipment, medical devices and natural health product sectors. Mr. Hoggan holds a Bachelor of Business Administration (BBA) from Westminster College, a Master of Business Administration (MBA) from the University of Arizona and a Master of Global Management (MGM) from the Thunderbird School of Global Management at Arizona State University.
About Core One Labs Inc.
Core One Labs Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The Company's technology produces infused strips (like breath strips) that are not only a safer, healthier option to other forms of delivery but also superior bioavailability of cannabis constituents. Some strips will also include supplemental co-active ingredients such as nutraceuticals, vitamins and peptides. The technology provides a new way to accurately meter the dosage and assure the purity of selected product.[B]
Management is adding experience to the Board which is a good sign that they may beginning to explore their holding. Only way the company can show progress is to develop via drilling the highest grades properties. If they exist! Things could get interesting.
" (“Plato” or the “Company”), an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to announce the election of Mr. J.J. Elkin to its Board of Directors. Mr. Elkin was elected to the board of directors of Plato at the annual and special meeting of shareholders of Plato held on June 18, 2020.
Mr. Elkin is an international entrepreneur and investor who has served as Director and CEO of a number of private and public companies. Fields of activity have included portfolio money management, real estate, manufacturing, and mining. He has an MBA degree from the Harvard Business School and is a Chartered Financial Analyst.
As well, the Company is pleased to announce that the following directors were re-elected to serve another term; Mr. Anthony J. Cohen (2005), Mr. James E. Cohen (2018), Mr. Peter C. Hubacheck (2011), and Mr. John H. Paterson (2006)."