Monthly Archives: June 2020

YDX Innovation Corp. Reports Revenue of $2.43M, in 2019

Files December 31, 2019 Audited Financial Statements

COMPANY HIGHLIGHTS

Q4 net sales revenue of $721,681 a growth of 8% YoY
Gross Margin in 2019 was $ 840,620
Installed 34 Permanent or Pop Ups Arkave VR Arenas in the Brazil, United States, Canada and England
Created an exclusive game with Disney
Created 3 new Interactive Exhibitions products
Delivered over 60 Projects for 27 different clients in 2019

VANCOUVER, BC / ACCESSWIRE / June 22, 2020 / YDX Innovation Corp (TSX-V:YDX)(OTC PINK:YDRMF)(FSE:A2PB03) ("YDX" or the "Company"), is pleased to announce the filing of its audited annual financial results for the 12 months ending in December 31st, 2019. Complete MD&A and Financial Statements were published and are available on SEDAR. All currency numbers reported in this release are expressed in CAD.

YDX Innovation has experienced its second continuous year of growth. The Company presented a 32.9% growth increase in 2018 with reported revenues of $2.27M. In 2019 the Company added the Arkave VR division which generated $205,177 in gross revenues and the Company grew to $2.43M in total revenues.

The Company invested in building and owning their own intellectual property in signing with Walt Disney Co Brazil to create an exclusive experience in Virtual Reality, featuring Mickey Mouse, with the objective to add additional products/licenses to be commercialized worldwide.

In 2019 the Company also delivered new products in the format of interactive exhibitions. As previously stated in earlier press releases, the Company released three (3) new Interactive Exhibitions: Landscapes of Van Gogh, Water and Us, and Tarsila for Kids. All of these exhibitions were designed to be licensed to different brands and shopping malls, while embracing a traveling exhibition model. The Landscapes of Van Gogh was deployed in two (2) extra shopping malls after its original debut in the city of São Paulo. All exhibitions received great reviews from the media which brought additional brand awareness to the exhibitions and the Company, while serving and educating a high number of visitors. Sponsors were very satisfied with the results and the projects had a strong presence on social media, with thousands of additional social impressions and engagements about the projects.

Results from the main projects of 2019 can be seen in this portfolio video at our YouTube Channel: Click Here to Watch our Video Reel

"Creating and deploying our own products was our main objective for 2019. We were able to put Arkave VR in the very competitive location-based entertainment industry and close an exclusive deal with Disney. YDreams Global created three new products that we can now bring to malls all over the world, at higher margins. Shopping Malls have to book our exhibitions in advance, which enhance our ability to plan our operations.

We finished 2019 with the best pipeline we had since the end of 2015 with our Van Gogh exhibition booked for several editions this year. Unfortunately, no one could predict this pandemic, which had serious effects in two of our main industries, location-based and live activations. We have been working throughout this situation to identify new opportunities and adapt to the new reality. Recently, acquisitions of Beat Gaming and Purple Mage show a clear direction that YDX will have a stronger presence online through new products in esports and VR.

There is a new strategy to bring Virtual Reality to consumers directly and offer our expertise to companies that need this immersive technology to better operate during this new reality.

I want to take this opportunity to thank the team, who in 2019 delivered several high level products and continue to push the innovation of the Company.

I would also like to thank our shareholders for their patience and understanding, the Company has a bright future ahead that depends on strategic investment in the new frontier of technologies that are changing the way we work, play, learn and communicate. The world is living a delicate moment and we have to find the opportunities of growth and the lessons that are hidden in this terrible pandemic. We foresee that habits will change and that several industries will be affected long term. We are adapting the company to that future.

Our deepest sympathies for our partners and shareholders affected directly or indirectly by the Coronavirus. We are hopeful this shall pass soon and will continue to work towards building a sustainable and conscientious company"- Stated Daniel Japiassu – CEO of YDX Innovation.

2019 BUSINESS HIGHLIGHTS

The Company started the year of 2019 by installing Arkave VR Arenas in two Launch Trampoline parks in the United States. Shortly after, it was announced that the Company would develop an exclusive game with Disney featuring Mickey Mouse. Early in the year, the Company also deployed two projects for Shopping Malls, a playground about Unicorns and a VR experience showing the future of the shopping mall service.

It was a very busy year for the company with the consolidation of YDreams Global of the main company of interactive exhibitions of Brazil. The projects created by YDreams were seen by over 200,000 people in 2019 and seen in over 600,000 social media posts. Our projects were featured several times in national television and all exhibitions were considered a massive success of public by the sponsors and malls hosting the exhibition.

In 2019 the company also built important relationships to create a stronger group. Two changes were made on the Board of Directors and partnerships were made with Liquid Media Group, The Rock in Rio Group, Launch Trampoline Park and Sonae Sierra.

The Company also received the great honour to be selected by the American publication Fast Company. Mission Genesis, our Cancer Awareness Roadshow with the Barretos Cancer Hospital have been recognized as one of Fast Company's world changing ideas for 2019.

BUSINESS HIGHLIGHTS IN 2019

Here is a summary of the main news disseminated by the Company in 2019:

On January 24, 2019, the Company announced that it would be renamed YDX Innovation, a symbol that the Company was looking to expand its divisions and seeking new business models. The Company also announced its esports initiative: Game On.

On February 26, 2019, the Company signed a licensing agreement with The Walt Disney Company Brazil to Create a Mickey Mouse Themed Arkave VR Experience.

On March 21st, 2019, the Company announced that YDreams Global was contracted to develop the first Customer Experience Center for Aerospace manufacturer Embraer S.A.

On April 8th, 2019, the Company was pleased to announce the appointment of Mr. Cesare Fazari to its board of directors.

On May, 2019, the Company announced the opening of two Arkave VR Arenas in Colorado and Florida, USA. The Company also announced a partnership with Liquid Media Group for access to content and IP to the production of Game On Festival. The partnership also included creating content for Arkave VR using Liquid Media's IPs.

On May 27th, 2019, the Company announced a new project for the NBA.

On June 27th, 2019, the Company announced that it had finished a project commissioned by one of the most recognized brands in the world, the fast food company, McDonald's.

On July, 2019, the Company announced the opening of two Arkave VR arenas in British Columbia, two in London, UK and one in Los Angeles. The Company also brought 7 Arkave Arenas to Game XP, one of the main esports events of South America.

On August 17th, 2019, YDreams Global launched an immersive exhibition about the life and work of Vincent van Gogh. During its 28 days, the Exhibition received close to 22,000 visitors, double of the expected attendance and target number, with almost 90% occupancy rate.

On August 19th, 2019, the Company announced a new VR project for the oil company Shell.

On September 5th, 2019, the Company announced the second project with airplane manufacturer Embraer.

On September 13th, 2019, the Company launched named "Water and Us", about the importance of water to our planet and for humankind.

On October 17th, 2019, the Company announced that it had signed a contract to create a new immersive exhibition called "Tarsila for Kids" with Getnet, a company part of the Santander Bank group, as the main sponsor.

On October 25th, 2019, the Company announced that Arkave VR would be one of the attractions at the EGLX event in Toronto. One of the main esports events in Canada.

On October 28th, 2019, YDreams Global announced a partnership with Ericsson to create an entertainment project combining 5G with Virtual Reality and a holographic projection live, on stage.

On November 5th, 2019, the Company announced that YDreams Global, had signed a contract with energy group Energisa to lead a new project for a permanent educational exhibition focused on the subject of responsible and sustainable energy use.

On November 14th, 2019, the Company announced a partnership with the Liquid Media Group to create a multiplayer, VR experience for the game "Romans from Mars".

FINANCIAL STATEMENT REVIEW

Consolidated Statements prepared in accordance with IFRS

(Expressed in Canadian dollars)

 
 
 
 
 

 

 
Year ended
 
 

 

 
December 31, 2019
 
 
December 31, 2018
 
 

 

 
 
 
 
 
 
 

REVENUE

 
$
2,435,904
 
 
$
2,271,522
 
 

COSTS OF SERVICES

 
 
(1,595,284)
 
 
 
(1,295,418)
 
 

GROSS PROFIT

 
 
840,620
 
 
 
976,104
 
 

 

 
 
 
 
 
 
 
 
 

EXPENSES

 
 
 
 
 
 
 
 
 

Personnel expenses

 
 
317,479
 
 
 
352,377
 
 

Consulting

 
 
175,683
 
 
 
125,265
 
 

Depreciation

 
 
151,493
 
 
 
62,072
 
 

Management fees

 
 
458,594
 
 
 
422,127
 
 

Office and miscellaneous

 
 
281,462
 
 
 
407,951
 
 

Professional fees

 
 
677,960
 
 
 
892,356
 
 

Research and development

 
 
145,237
 
 
 

 
 

Share-based payments

 
 
514,819
 
 
 
306,758
 
 

Shareholder information

 
 
21,814
 
 
 
46,509
 
 

Transfer agent and filing fees

 
 
40,067
 
 
 
29,321
 
 

Travel and promotion

 
 
453,036
 
 
 
467,296
 
 

Other expenses

 
 
24,545
 
 
 
47,718
 
 

TOTAL OPERATING EXPENSES

 
 
(3,262,189)
 
 
 
(3,159,750)
 
 

 

 
 
 
 
 
 
 
 
 

LOSS BEFORE OTHER ITEMS

 
 
(2,421,569)
 
 
 
(2,183,646)
 
 

 

 
 
 
 
 
 
 
 
 

OTHER ITEMS:

 
 
 
 
 
 
 
 
 

Interest income

 
 
80,929
 
 
 
139,882
 
 

Forgiven taxes

 
 
133,372
 
 
 
127,848
 
 

Interest expenses

 
 
(372,108)
 
 
 
(446,846)
 
 

Impairment of recoverable taxes

 
 

 
 
 
(41,486)
 
 

Foreign exchange loss

 
 
(6,510)
 
 
 
(4,287)
 
 

 

 
 
(164,317)
 
 
 
(224,889)
 
 

 

 
 
 
 
 
 
 
 
 

NET LOSS FOR THE YEAR

 
 
(2,585,886)
 
 
 
(2,408,535)
 
 

 

 
 
 
 
 
 
 
 
 

OTHER COMPREHENSIVE INCOME (LOSS)

 
 
 
 
 
 
 
 
 

Foreign currency translation adjustment

 
 
(3,850)
 
 
 
52,236
 
 

COMPREHENSIVE LOSS

 
$
(2,589,736)
 
 
$
(2,356,299)
 
 

Loss per share, basic and diluted

 
$
(0.21)
 
 
$
(0.24)
 
 

 

 
 
 
 
 
 
 
 
 

Weighted average number of common shares outstanding

 
 
11,215,246
 
 
 
9,863,623
 
 

 
 
 
 
 
 
 
 
 
 

SELECTED QUARTERLY FINANCIAL INFORMATION

The following table presents selected financial information for each of the last eight quarters.

 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

December 31

2019

 
 

September 30

2019

 
 

June 30

2019

 
 

March 31

2019

 

Net sales revenue

 

721,681
 
 

841,401
 
 

513,530
 
 

359,292
 

Net income (loss)

 
 
(571,156
)
 
 
(441,240
)
 
 
(869,554
)
 
 
(703,936
)

Basic and diluted loss per share

 
 
(0.06
)
 
 
(0.04
)
 
 
(0.08
)
 
 
(0.07
)

Total assets

 
 
1,121,415
 
 
 
1,289,253
 
 
 
1,060,322
 
 
 
942,763
 

Working capital (deficiency)

 
 
(989,044
)
 
 
(698,257
)
 
 
(758,094
)
 
 
(1,021,201
)

 

 

December 31

2018

 
 

September 30

2018

 
 

June 30

2018

 
 

March 31

2018

 

Net sales revenue

 

664,457
 
 

416,802
 
 

526,678
 
 

663,585
 

Net income (loss)

 
 
(190,826
)
 
 
(771,874
)
 
 
(441,828
)
 
 
(1,004,007
)

Basic and diluted loss per share

 
 
(0.02
)
 
 
(0.07
)
 
 
(0.04
)
 
 
(0.12
)

Total assets

 
 
1,134,460
 
 
 
1,578,037
 
 
 
1,316,535
 
 
 
1,653,113
 

Working capital (deficiency)

 
 
(494,599
)
 
 
132,676
 
 
 
(77,628
)
 
 
256,335
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About YDX Innovation

YDX Innovation Corp. (TSXV- YDX: www.ydxinnovation.com) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions under the following four divisions:

Arkave VR Arena – https://sales.arkavevr.com/ – a gaming platform that brings the most immersive Virtual Reality experience to Location-Based venues with a highly scalable business model. Developed as an all-in-one gamers haven featuring state-of-the-art free room tech right down to the most nostalgic gaming systems.

YDreams Global – www.ydreamsglobal.com – have developed over 1,300 interactive experiences for clients all over the world such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.

BEAT Gaming – www.beat.gl -Founded in 2011, BEAT Gaming is an experienced Canadian esports company that has organized internationally recognized events such as the Dota 2, Overwatch and PUBG BEAT Invitational. Since its creation, BEAT has organized over 30 professional and semi-pro esports events, which have reached over 40 million views globally.

Purple Mage Advisors – www.purplemage.com – Purple Mage Advisors (PMA) is a research and data analysis firm that specializes in player recruitment and development in the gaming industry. PMA helps esports and gaming companies with industry reports, player recruitment, player training, data analysis and relevant statistical reporting.

More Information:

Daniel Japiassu
Director and CEO
dj@ydx.rocks
(604) 704-6466
contact@ydxinnovation.com | www.ydxinnovation.com | www.youtube.com/ydreamsglobal

This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, without limitation: the belief that Company has a bright future that depends on strategic investment in new technologies; the intention to build a sustainable and conscientious company; the intention that YDX will have a stronger presence online through new products in esports and VR; and the intention to bring Virtual Reality to consumers directly and offer expertise in immersive technologies to allow companies to better operate during the new reality of the COVID-19 pandemic. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Company's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Company's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Transaction, including: that the Company's assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and VR; the inability to bring Virtual Reality to consumers directly and offer expertise in immersive technologies; and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Company, including its results and financial condition. Except as required by securities law, the Company does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: YDX Innovation Corp.

ReleaseID: 594721

JNC Resources Signs Option Agreement With Great Basin Resources to Acquire 100% Interest in the Imperial Property in Nevada

VANCOUVER, BC / ACCESSWIRE / June 22, 2020 / JNC Resources Inc. (the "Company") is pleased to announce that it has signed an option agreement (the "Agreement") with Great Basin Resources ("Great Basin") to acquire 100% control and interest in the Imperial Project in Nevada. The Imperial Property is located in Esmeralda County, Nevada, which has been a prolific mining area in the state. The Property is in close proximity to the town of Goldfields, where gold production occurred in the early part of the 20th century.

Under the terms of the Agreement, the Company can earn a 100% interest in the Imperial Property by making cash payments totaling US $270,000 over seven years ($10,000 in the first year) and incur minimum exploration expenditures totaling US $4,300,000 over seven years ($50,000 in the first year). Great Basin will maintain a 3% net smelter return royalty on the Imperial Property.

Based on exploration data provided by Great Basin and reviewed by the Company's chief geologist, the Imperial Project presents three major, predominantly gold, targets for exploration. The first target, along the Imperial Fault, contains high grade veins and lower grade decalcified rock in the area of previous mining. The second target is an IP anomaly which has no previous drilling. The third target is a zone where the favorable host rock has dipped under other units, but jasperoids at surface show fluids have flowed through the favorable host at depth. There is potential for both high grade veins and Carlin style mineralization in this area, which has also never been drilled. Also of interest are the high copper values found in the eastern portion of the project area, where some porphyry copper exploration was done in the 1960's. An intrusive at depth could have Battle Mountain style (Fortitude) gold deposits surrounding it.

Due to covid 19 related travel restrictions, the Company expects to retain Great Basin as the operator of the initial drill program which the Company intends to fund this summer. Great Basin is led by its President, Mr. Richard Kern, M.Sc, P.Geo, who prior to forming Great Basin Resources Inc., co-founded MinQuest Inc. in 1998 and managed significant gold discoveries at Fire Creek and Longstreet, Nevada and at Moss, Arizona. Mr. Kern held positions with several major mining companies before starting his own company. He is a Professional Geologist with over 35 years' experience in base and precious metal exploration in the U.S., Central America, South America, and Australia. Mr. Kern has had field, executive, and management level positions in companies such as North Mining, Homestake Mining Company, and Superior Oil. He has been involved in major mineral discoveries in the Western United States and Australia.

"We are very excited about the opportunity to begin operations in Nevada, as the Imperial Project has drill permits in place," stated CEO Mr. Michael Mulberry. "Geophysical surveys are needed to determine the potential for this type of target; however with the history of gold deposits at these properties, we are confident about the success of our drilling program. We are cognizant of the money we need to spend in this particular gold rush and that is why we believe that the potential with this Imperial Project makes sense for our organization and with the addition of someone as the caliber of Richard and the experience and knowledge that he brings with him, we believe this is a perfect fit for our company. We look forward to the possibilities and potential this brings to maximize shareholder value."

Qualified Persons

Warren Robb, P.Geo., is the qualified person for the Company as defined in National Instrument 43-101 and has reviewed the technical information presented within this news release.

About JNC Resources Inc.

JNC is a Canadian-based junior venture mineral exploration company with a goal to develop under-explored properties and benefit from deal flow generated by strategic partnerships and growth opportunities. Currently the Company is developing its 100% optioned Triple 9 Project in South Central British Columbia. The Triple 9 Project is a gold property with a new discovery of high levels of base metals, located 20 kilometres from the town of Sicamous. The area is a mining-friendly region within a short distance to numerous industrial-based cities with an eager work force and equipment and is a short drive from the Company's home base in Vancouver.

For further information please contact:

Michael Mulberry
T: 778-855-5001
info@jncresources.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur.

Although the Company believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: JNC Resources Inc.

ReleaseID: 594650

Paragraf appoints Alistair Crawford as Chairman

SOMERSHAM, UK / ACCESSWIRE / June 22, 2020 / Paragraf, the leader in graphene-based transformative electronic sensors and devices, is pleased to announce the appointment of Alistair Crawford as Chairman. Alistair joins Paragraf at a crucial time in its development, as the company is scaling up its technology portfolio and commercial reach.

He said: "Paragraf has shown the practical use of graphene to deliver dramatically improved Hall effect sensors. While existing products have a limited temperature range, sensitivity, accuracy, and magnetic field range, Hall-Effect sensors from Paragraf have a range of beneficial features, including high sensitivity, lack of a planar Hall-Effect and the ability to be used in wide temperature ranges and harsh environments. These and other products in the pipeline will change the financial and performance benefits in many customers' applications and Paragraf must be ready to respond to these needs.I am looking forward to this exciting challenge!"

Mr Crawford will be taking over from Sir Colin Humphries, who has chaired the company since its inception in late 2017. Sir Colin will take on the position of Chief Scientific officer where he will focus on Paragraf's technology development.

Simon Thomas, CEO at Paragraf commented: "In welcoming Alistair to lead our board, I would also like to thank Professor Sir Colin Humphreys who will step down from Chairman and take the vital role of Chief Scientific Officer, where the company can continue to benefit from his outstanding scientific knowledge and reputation. Colin has been instrumental in contributing to our pioneering work and getting Paragraf to where it is today. To build on that platform I am pleased that Alistair has joined us to drive forward the commercialisation of our products and the scaling up of our capability."

Alistair will bring to the board his experience of rapidly scaling up technology businesses and strategic positioning of large, successful companies. He has spent his entire career in the computer and high technology industry, initially in hardware and software and later in management of large consulting and systems integration businesses. At Oracle he led a $1 billion consulting business with 6,000 staff, which doubled in size under his leadership. He was CEO of two UK-listed public companies: CMG plc, with 12,000 staff and £900m revenues, and Psion plc where he grew revenues by 50% and nearly trebled profit in four years.

Press Contact

Chris Butcher, Account Director, Publitek
+44 (0)1582 390980 or christopher.butcher@publitek.com

About Paragraf

Paragraf is a technology company delivering game-changing, commercial quality, graphene-based electronic devices. Serving the sensor, energy and semiconductor markets, Paragraf has developed graphene electronic devices and is now partnering with visionary companies seeking to take advantage of the unique properties of graphene. Paragraf has perfected a process for producing single-atom thick, two-dimensional materials, including graphene, directly onto crystalline substrates such as silicon, silicon-carbide, sapphire and gallium-nitride. The contamination-free technology is scalable, and compatible with existing electronic device manufacturing production processes. For more information, please visit: www.paragraf.com

For all of the latest news follow Paragraf on LinkedIn.

Attachment

File: Alistair Crawford

SOURCE: Paragraf Limited

ReleaseID: 594717

Perk Labs Announces New Marketing Campaign

VANCOUVER, BC / ACCESSWIRE / June 22, 2020 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FRA:PKLB) ("Perk Labs" or the "Company") the parent company of Perk Hero, the all-in-one mobile ordering, "contact free" payments and loyalty app, today announced that it has rolled out a new "Keep it Local" marketing campaign. We also leveraged this campaign via the Daily Hive Vancouver's digital channels, with a target audience reach of over 40,000 people.

Inspiring consumers to shop local and advising brick-and-mortar businesses to adopt digital tools has been amplified by adapting to COVID-19 protocols. These are very challenging times, especially for small businesses, and it is more important now than ever for local businesses to adapt and pivot through mobile technology to encourage purchasing opportunities from consumers. We have seen this trend take shape through initiatives such as digitalmainstreet.ca and locobc.ca. Should a second wave of COVID-19 occur, it is crucial that businesses be digitally enabled now to not lose out on critical revenues.

Perk Hero provides customers a better way to shop. All of the tools in the Perk Hero app have been designed with empowering independent businesses in mind. By downloading Perk Hero, an independent business can quickly and easily convert a smartphone or tablet into a device that can accept contact-free payments through both its ordering and pay-by-scanning-QR technology. At Perk Hero, our goal is to ensure that local entrepreneurs can use these new digital tools to thrive in the current and post COVID-19 world.

Since launching April 2nd, Perk Hero has quickly expanded its network of merchants. Launching with only 5 merchants, just as COVID-19 forced many businesses to pause or cease operations, we now have over 60 merchants signed onto our platform, a number that has been growing at an accelerated pace. These new Perk Hero-enabled merchants include restaurants, cafes, dental clinics, and several small businesses such as fitness trainers, artisans, and professional consultants.

We see developing a large base of merchants within communities as essential to growing our user base. As we expand to new cities, developing a critical mass of merchants will be key to our success. As Perk Hero refines its marketing channels and advances new product features, we are establishing a marketing playbook that can be easily replicated in other cities across North America. We have been working with niche Instagram influencers, as well as launched our short-form video campaigns on social media channels which can be viewed here:

Order Ahead with Perk Hero (https://vimeo.com/420407224)
Scan, Pay, Go (https://vimeo.com/417325087)
Pay by Photo (https://vimeo.com/420408891)
Complete Quests to Level Up (https://vimeo.com/424828724)
Check-in and Perk (https://vimeo.com/424838355)

Learn more about Perk Hero's Keep It Local campaign here: https://perkhero.com/keep-it-local-with-perk-hero/

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact:

Jonathan Hoyles CEO
(833) 338-0299
investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company's business strategies and its expectations concerning future operations, the success of its marketing campaigns, growth of Perk Hero's merchant and user base, and that its marketing playbook can be easily replicated across cities in North America. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

SOURCE: Perk Labs Inc.

ReleaseID: 594587

Specialty Oilfield Chemicals Market 2020 by Company, Regions, Types and Applications, Global Status and Forecast to 2024

Wiseguyreports.Com Adds “Specialty Oilfield Chemicals -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database

Pune, India – June 22, 2020 /MarketersMedia/

Specialty Oilfield Chemicals Industry

Description

The Global Specialty Oilfield Chemicals market is estimated to be $9.1 billion in 2014 and is expected to reach $14.92 billion growing at a CAGR of 6.38% from 2014 to 2022. The market is majorly driven by factors such as increasing application in drilling fluid, and work over & completion. Additionally, increasing crude oil production and rising demand from enhanced oil recovery application is estimated to boost the market growth. Furthermore, specialty chemicals can increase the industrial equipment life by removing unwanted deposited metal scales, and ultimately lessen equipment maintenance cost. This shows positive impact on market growth. On the other hand, increasing environmental concerns is anticipated to inhibit the futuristic market growth.

Demulsifiers segment is the dominant market segment owing to growing application in crude oil and petrol refinery activities. Moreover, those are widely used to separate oil from water, therefore increases the export value of crude oil produced, which in turn drives the market. Surfactants are projected to witness considerable growth due to the increasing consumption of surfactants in Enhanced Oil Recovery applications. North America has the largest market for specialty oilfield chemicals followed by Europe. Expansion of shale oil and gas industries in the U.S. is the major factor anticipated to drive the market in North America. Asia Pacific is projected to be the fastest growing owing to increasing government spending i.e., huge investments in China to meet energy demands.

The key players in the Specialty Oilfield Chemicals market include

BASF SE, Halliburton, Ashland Inc., Baker Hughes, The Dow Chemical Company, Albemarle Corporation, DuPont, Akzonobel NV, Schlumberger Limited, and The Lubrizol Corporation.

Request For Sample Report @ https://www.wiseguyreports.com/sample-request/4590627-specialty-oilfield-chemicals-market-outlook-global-trends-forecast 

Types Covered:
• Corrosion & Scale Inhibitors
• Demulsifiers
• Biocides
• Surfactants
• Pour-Point Depressants
• Advanced Polymers
• Natural Polymers
• Synthetic Polymers

Applications Covered:
• Drilling Fluids
• Production Chemicals
• Cementing
• Enhanced Oil Recovery
• Workover & Completion
• Well Stimulation
• Others

Regions Covered:
• North America
• Europe
• Asia Pacific
• Rest of the World

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Continued…

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Contact Us: Sales@Wiseguyreports.com Ph: +1-646-845-9349 (Us)  Ph: +44 208 133 9349 (Uk)

 

NOTE : Our final report have added the analysis of the impact of COVID-19 on this industry, Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISEGUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India
Phone: +91 982 239 7012
Website: https://www.wiseguyreports.com/sample-request/4590627-specialty-oilfield-chemicals-market-outlook-global-trends-forecast

Source URL: https://marketersmedia.com/specialty-oilfield-chemicals-market-2020-by-company-regions-types-and-applications-global-status-and-forecast-to-2024/88964846

Source: MarketersMedia

Release ID: 88964846

Eskay Mining Corp Announces Closing of Non-Brokered Private Placement and Commencement of 2020 Exploration Program

TORONTO, ON / ACCESSWIRE / June 22, 2020 / Eskay Mining Corp. ("Eskay" or the "Company") (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to announce that, further to its Press Release of June 4, 2020, it has closed the final tranche of its non-brokered private placement (the "Offering") with the sale of 7,950,000 flow-through units (the "FT Units") at a price of $0.255 per FT Unit for $2,027,250 and 2,452,941 working capital units ("WC Unit") at a price of $0.17 per WC Unit for $417,000. The Company raised an aggregate of $2,282,250 in flow-through funds and $510,500 in working capital funds pursuant to the Offering.

Proceeds from the Offering will be used to fund the Company's 2020 exploration program and for general working capital.

Commencement of 2020 Exploration Program

Although Eskay's approximately 526 square kilometer property in the heart of British Columbia's Golden Triangle (Figure 1; Figure 2) has seen multiple exploration campaigns, each foray has generally focused on one limited target concept or area. The Company's 2020 exploration program is designed to cover a much broader extent of the property and encompasses a collection of fundamental geophysical, geochemical, and geological investigations that will help better assess known exploration targets and generate new, high quality drill targets.

The 2020 exploration program has commenced with mobilization currently underway. Over the next two months, planned work includes:

An airborne Skytem electromagnetic survey using helicopter support and commencing approximately July 5. Areas to be surveyed are illustrated in Figure 3 and include: 1) The approximately 90 sq. km central core of the Eskay volcanic graben, or geologic trough, thought to be the most highly prospective area for further discovery of high-grade Eskay Creek style Au-Ag volcanogenic massive sulphide ("VMS") mineralization, and where precious metal-rich VMS mineralization has been identified at the SIB-Lulu, Virginia Lakes and TV-Jeff prospects; and 2) The North Mitchell block which is adjacent to multiple world class porphyry Cu-Au deposits. The North Mitchell block is situated immediately east of the world class KSM porphyry Cu-Au deposits (Seabridge Gold Inc.), south of the new Treaty Creek discovery (Tudor Gold Corp and Teuton Resources Corp), and north of the Brucejack gold mine (Pretivm Resources Inc.). Skytem is designed to identify areas of conductive rock as well as map out areas of resistivity such as places where hydrothermal silicification may be present. The Company views Skytem as a reasonably cheap yet effective way of quickly identifying potential drill targets.
Ground based induced polarization ("IP") and magnetotelluric ("MT") surveys commencing approximately July 8. These surveys will be conducted at three locations: 1) The SIB-Lulu area which is the geological strike continuation of the Eskay Creek deposit; 2) The TV-Jeff area where historic drilling intersected precious-metal rich VMS mineralization approximately 5 km south of SIB-Lulu; and 3) The Corey target field that includes the C10, TET, HSOV, GFJ and Red Lightning, all currently of undefined mineralization style. IP highlights electrically chargeable rock including that containing significant sulphides, potentially associated with mineralization. MT provides deep looking resistivity data that can assist with stratigraphic interpretation as well as identify areas with potential hydrothermal silicification. Like Skytem, Eskay Mining thinks IP and MT data will help quickly identify potential drill targets.
A property wide bulk leach extractable gold ("BLEG") stream sediment survey beginning approximately July 15. Clay fraction stream sediment will be targeted for sampling. Such material yields the most sensitive gold, pathfinder element, and base metal signal. This program will better define known mineral occurrences but also potentially reveal new areas of mineralization. It is anticipated that data from this program will drive further geological and geophysical work as new mineral discoveries are made. Importantly, the North Mitchell block will be surveyed, the first geochemical work done on this important target to date.
A property wide light detection and ranging ("LIDAR") and high-resolution imagery surveys commencing approximately the end of July. Such a surveys yield very fine resolution elevation and photographic data that are very useful for identifying structural controls including those associated with mineral targets.
Geological and geochemical re-logging of historic drill core beginning approximately mid-July. The goal of this program will be 1) to further refine the new geologic synthesis of the SIB-Lulu target, to develop a better understanding of the TV-Jeff VMS occurrence with an eye toward vectoring future drill targeting, and 3) to better understand the nature of mineralization at the Corey target field and help define future targets there.

An important part of Eskay's field program includes employment of local First Nations technical assistants to help conduct this aggressive exploration program. As in the past, Eskay remains committed to using local workers whenever possible.

Eskay Mining hopes to have considerable data from these various endeavors in hand by mid- to late August. As high-priority drill targets are identified, the Company potentially envisions conducting first pass drilling on one or more targets before the end of field season, approximately mid-October in this region. As data is collected, and targets are identified, these will be presented to the market.

"We are thrilled to get to work," commented Dr. Quinton Hennigh, technical advisor to Eskay Mining. "We have developed a strong program designed to deliver quick results including potential high-priority drill targets. This 526 sq. km project is surrounded by multiple significant deposits and recent discoveries, and our 2020 exploration program is the first hollistic exploration work that has been conducted on this highly prospective property. By September, we intend to demonstrate the potential to make one or multiple such discoveries on our ground and begin a first phase drill program to test high-priority targets."

Non-Brokered Private Placement

Each FT Unit comprises one (1) common share of the Company and one-half (½) of one (1) common share purchase warrant. Each full warrant (a "Warrant") entitles the holder to acquire one (1) common share at a price of $0.30 until June 19, 2022.

Each WC Unit comprises one (1) common share of the Company and one-half (½) of one (1) common share purchase warrant. Each full warrant (a "WC Warrant") entitles the holder to acquire one (1) common share at a price of $0.30 until June 19, 2022.

All securities issued are subject to a statutory hold period expiring on October 20, 2020.

An insider of the Company subscribed for 2,452,941 WC Units for $417,000 of the Offering. The insider private placement is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 ("MI 61-101") by virtue of the exemptions contain in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company issued to the insider does not exceed 25% of its market capitalization.

Dr. Quinton Hennigh, P. Geo., the Company's technical adviser, and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Eskay Mining Corp:

Eskay Mining Corp (TSX-V:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the "Golden Triangle," approximately 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (130,000 acres).

All material information on the Company may be found on its website at www.eskaymining.com and on SEDAR at www.sedar.com.

For further information, please contact:

Mac Balkam
President & Chief Executive Officer

T: 416 907 4020
E: Mac@eskaymining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Figure 1: Map showing the location of Eskay Mining's tenure within the Golden Triangle.

Figure 2: Map showing Eskay Mining's tenure and prospects with nearby deposits and discoveries.

Figure 3: Map showing Eskay Mining's planned Skytem survey areas as well as historic electromagnetic survey areas.

Figure 4: Map showing Eskay Mining's planned IP and MT survey areas as well as historic IP survey areas.

SOURCE: Eskay Mining Corp.

ReleaseID: 594680

Jan Jens, Young Entrepreneur Who Built Multi-Million Dollar Business ‘Jatina’

MIAMI, FL / ACCESSWIRE / June 22, 2020 / At 22, many people are still clasping at the foot of our roaring twenties, coming to terms with new found independence, piecing together degrees or building hands-on-experience as interns and freelancers. Some of them are jittering with energy and inspired to conquer, looking for a 'why' and a 'how to get there'. For Jan Jens, the 'why' was simple – break away from his family business and make it on his own – but it was not a decision he took lightly, and by the look of things, not something he regrets.

Emigrating from Germany to the USA, Jan had always had his heart set on Miami – the fast-paced, affluent culture, the sun and the beaches. The self-confessed workaholic spent months researching the luxury rental property market, and, after careful deliberation, settled on a property that he could negotiate a sub-let. Jan, with the help of a $39,000 loan from his father, had his first rental property, and with his pragmatic approach to pricing and keen eye for building a strong reputation, was soon at the helm of a business that was renting out luxurious properties to some of Miami's most affluent clientele.

While Jan may have paid back his father within three months, his roots were something he never lost sight of. Understanding the vigorous demands of the luxury rental business and the power of word of mouth, Jan focused on building a strong brand, seeing to clients experiences personally. He created a website, and with simple advertising and search engine optimisation, was soon managing twelve rental properties, subleasing eight and managing the other four. The ideas and skills that many of us are still coming to terms with in the early twenties, Jan was fully embracing. With a simple re-investment strategy, his company, the Jatina Group, was turning over a modest multi-million dollar profit within a few years, with $5 million in annual growth from 2017 to 2018. Fast forward to today, the Jatina Group hires six employees with profit margins over $10 million, and Jan is amongst a list of entrepreneurs maximising the growth in Miami's exponentially growing rental market.

While it's something like a fairytale to most of us, to Jan, it's a culmination of hard work, ethic and unrelenting drive – something that a modest 9-5 job could not give him. He celebrates his financial and social freedom by pouring more into his work, and despite directing a luxury rental business, barely takes a moment out for him to relax. For him, it is part of a new millennial mindset – that to break the mold to be willing to step out of comfort and security and into the unknown. For a budding business owner, or simply a twenty-something go-getter keen to carve out their own piece of the pie, passion and drive goes a long way – just ask Jan Jans.

Media contact
Jan Jens
Email: info@jatinagroup.com
Phone: (305) 351-1548
Website: https://jatinagroup.com

SOURCE: Jan Jens

ReleaseID: 594706

KORR Acquisitions Group sends Follow Up letter to GoPro Board Asking for Elimination of Dual Class and Pushes for Strategic Sale Sees $15 value

NEW YORK, NY / ACCESSWIRE / June 22, 2020 / KORR Acquisitions Group, Inc. (together with its affiliates, including KORR Value, LP, "KORR"), a shareholder with a substantial position in GoPro, Inc. (NASDAQ:GPRO) ("GoPro" or the "Company"), today announced that it has delivered a follow up letter to both Nicholas D. Woodman, Chairman, Chief Executive Officer and founder of GoPro, and Kenneth Goldman, the Company's lead independent director, with copies to the Company's Board of Directors.

The full text of KORR's letter can be viewed at the following link:

https://korracquisitions.com/gopro2/

About KORR Value L.P. and KORR Acquisitions Group, Inc.

KORR Acquisitions Group, Inc. is a New York based investment adviser that is focused on investing in undervalued publicly traded companies. KORR actively engages with managements to identify ways to unlock value for all shareholders and stakeholders.

Investor contact:
Kenny Orr
(855)-KORRVLU

SOURCE: KORR Acquisitions Group, Inc.

ReleaseID: 594478

VisionNav Robotics Embraces RMB100.00 million in B1 Round Financing

VisionNav Robotics, a leading provider of vision guided forklifts and automation solution in China, score its RMB 100.00 million in B1 round funding.

Shenzhen, China – June 22, 2020 /MarketersMedia/

Recently, VisionNav Robotics has completed the B1 round financing with aggregate amount up to RMB100.00 million, which was led by Lenovo Capital and followed by Flyfot Ventures together with the old shareholder Eastern Bell Capital. The capital raised this time shall be applied for the continuous R&D of improving the existing visual control and perception technology, breakthrough of demanding scenes application, and business scale up.

Since its establishment in 2016, VisionNav Robotics has turned out to be a leading innovator and solution provider of vision guided forklifts as it always focuses on the R&D and application of visual-based driverless technology, and succeeds in incorporating visual control, perception and 5G technology into industrial vehicles, and launching flexible, intelligent, reusable and cost-effective material handling solutions in logistic links such as loading, unloading, storage and distribution.

Recent years accompanied with increasing demand for automatic storage and smart warehousing, logistics ‘nodes’ now have dominated the main battlefield of automatic facilities. Normally, automatic warehousing may be achieved in the following two solutions:

The first solution is to “shorten time by expanding space”. In other words, warehouses are rebuilt by adding “good-to-person” robots, AMRs and AS/RS systems, as “Asia No. 1” of JD.com and “Cloud Warehouse” of Suning Logistics provides a good case in point. Such practice, however, takes tremendous cost at the early stage, and requires dramatic change in existing warehousing environment, indicating poor system flexibility.

The second solution is to “improve equipment intellectualization” represented by visual-base robotic arms and automated guided vehicles. It is a more agile and flexible way to rebuild warehouse without touching the original settings. With respect to the warehousing in the logistics and manufacturing industry, users generally give priority to the processing of complicated tasks, operation efficiency and payback period when design automatic warehouses.

Currently, VisionNav Robotics, possessing extremely sophisticated automatic warehouse solutions, mainly provides its end-customers with automated guided forklifts (increment market) and their industrial vehicles transformation services (stock market), along with the central control dispatching system applicable for multilevel system integration and the location detection system applicable for multi-object identification to assist customers in achieving warehousing automation in logistics nodes throughout the process and in multiple dimensions, and shortening the payback time to less than two (2) years. The products of VisionNav Robotics are frequently used in intralogistics (i.e. automobile, 3C, food and drug) and warehouse logistics (i.e. e-commerce, retail, 3PL and aviation). Up to now, VisionNav Robotics has reached cooperation with over ten leading industry enterprises of Fortune Global 500, and deploy solutions in over 50 project sites.

According to LI Luyang, CEO of VisionNav Robotics, in the future, more efforts will be made to expedite solution commercialization nationwide, to improve the permeability ratio of automated industrial vehicles in rigid scenarios, and to deploy more robots in overseas market, which shall center on Hong Kong of China, radiate Southeast Asia, East Asia and Middle East, and finally reach Europe and America.

Contact Info:
Name: Gigi Ye
Email: Send Email
Organization: VisionNav Robotics (Shenzhen) Co., Ltd
Website: http://www.visionnav.cn

Source URL: https://marketersmedia.com/visionnav-robotics-embraces-rmb10000-million-in-b1-round-financing/88964451

Source: MarketersMedia

Release ID: 88964451

Contango Oil & Gas Co. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / June 22, 2020 / Contango Oil & Gas Co. (AMEX:MCF) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on June 22, 2020 at 9:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/64531

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company's profile.

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SOURCE: Investor Network

ReleaseID: 594550