Thursday, October 21, 2021

#CryptoCorner #Podcast 699: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $HIVE) (NasdaqCM: $CAN) (TSXV: $DGHI.V)

 



 

 

 

#CryptoCorner #Podcast 699: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $HIVE) (NasdaqCM: $CAN) (TSXV: $DGHI.V)

 

Hut 8 Purchases 12,000 MicroBT Miners, HIVE Announces Purchase of 6,500 Miners, and Digihost Reports Q3 Financial Results

 

Point Roberts, WA, Delta BC October 21, 2021 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/102121-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10211HUT-HIVE-CAN-DIGI.asp

 

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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:HIVE) (NasdaqCM:CAN) (TSXV:DGHI)

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced that it has executed on a $58.7 million USD purchase of 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong Kong Limited, with aggregate incremental production of 1.17 EH/s. Delivery is expected to begin in January 2022, at a rate of about 1,000 machines per month, with full deployment anticipated by December 2022. Hut 8’s CEO, Jaime Leverton, said:

 

"We are thrilled to announce our latest strategic purchase of new MicroBT equipment. The strength of our relationship with MicroBT enabled us to quickly execute on this compelling investment opportunity. While timing relative to Bitcoin [BTC] achieving an all-time high is coincidence, this investment serves to reinforce our commitment to efficiently mine and Hodl Bitcoin."

 

HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has announced the purchase of 6,500 next generation Bitcoin miners with an aggregate hash power of 585 Petahash per second (PH/s). The company’s Executive Chairman, Frank Holmes, explained:

 

"We are pleased to be building on our strategic alliances with leading ASIC manufacturer Canaan [NasdaqGM:CAN] to achieve our goals and drive value for our shareholders, with executing on a transaction that increases our cash flow and green mining capacity. HIVE currently has approximately 1.2 Exahash per second (EH/s) of Bitcoin mining capacity, and with this new purchase, HIVE's Bitcoin ASIC pipeline will be at 2 EH/s by December 2021, and 3 EH/s by March 2022. In addition to this, we are expanding our current active Ethereum [ETH] mining capacity from approximately 4,000 Gigahash per second (GH/s), to 6,000 GH/s in new facilities in Sweden."

 

Digihost Technology Inc. (TSXV:DGHI) has reported its financial results for the third quarter ended September 30, 2021. Highlights include $5.5 million in revenue for digital currency mining in the quarter – up 1,153 percent over Q3 in 2020, and a total comprehensive income of $2.9 million in Q3 this year – up from the comprehensive loss of $1.7 million in Q3 of 2020. Michel Amar, CEO of Digihost, commented:

 

“It is rewarding for the Company to announce strong Q3 financial results generating record top-line revenue growth for the second consecutive quarter along with positive net income. The Company’s improved financial performance is directly related to Digihost’s dedicated focus to managing costs and continued growth in our mining operations. With additional miners arriving in Q4 2021 and in early 2022, Digihost expects to aggressively expand its mining capacity as previous investments in infrastructure are expected to drive continued growth for the Company.”

 

Sam Mowers, Investorideas

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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#ExploringMining #Podcast 214 – (TSXV: $OTGO.V) (TSXV: $AUN.V) (OTC: $AUNFF) (NYSE: $FCX) (NYSE: $CCJ) (TSXV: $GSHR.V)



 

#ExploringMining #Podcast 214 – (TSXV: $OTGO.V) (TSXV: $AUN.V) (OTC: $AUNFF) (NYSE: $FCX) (NYSE: $CCJ) (TSXV: $GSHR.V)

 

Point Roberts WA, Delta BC, October 21, 2021 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts. Today’s podcast was sponsored by O2Gold Inc.

(TSXV:OTGO) , a mineral exploration company with activities in Colombia.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/102121-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2021/exploring-mining/10211OTGO-AUN-FCX-CCJ-GSHR.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

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Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) has signed subscriptions for a non-brokered private placement offering consisting of 13,891,072 Units – each comprising one common share of the company and one full common share purchase warrant. Additionally, Aurcana’s wholly-owned subsidiary, Rio Grande Mining Co., has signed a subscription for a non-brokered private placement offering of a secured convertible debenture in the sum of $5.5 million. According to the press release:

 

…net proceeds of both Private Placements will provide additional contingency funding for the restart of the Company's wholly-owned Revenue Virginius (RV) Mine as well as funding for growth of the resource base at the RV Mine which may enable the Company to grow future production volumes. Net proceeds will also be used for working capital and general and administrative expenses including potential opportunities to advance its wholly owned Shafter Project in light of the current silver price.

 

Freeport-McMoRan Inc. (NYSE:FCX) has reported results for its third quarter and nine month period for 2021. Highlights include net income attributable to common stock in Q3 of $1.4 billion, and consolidated sales of 1.033 billion pounds of copper, 402 thousand ounces of gold and 20 million pounds of molybdenum in the quarter. The company’s Chairman and CEO, Richard C. Adkerson, said:

 

"Our favorable results in the third quarter and year-to-date reflect strong execution by our global team in growing our production safely, efficiently and responsibly. We have established a solid foundation for the future as a leading long-term supplier of copper to support a growing global economy and the transition to clean energy. We have successfully transitioned our Grasberg minerals district to be the world’s largest underground block-caving operation while maintaining excellent performance throughout our global operations. Our balance sheet is strong and we are prepared to make value enhancing investments in our business while providing shareholders with increasing cash returns consistent with our established financial policy. The outlook for the copper market is extraordinarily positive. As a leader in the global copper industry, Freeport is well-positioned for success in generating value for all stakeholders."

 

Cameco Corporation (NYSE:CCJ) has today released its 2020 ESG (environmental, social and governance) Report. Cameco president and CEO Tim Gitzel commented:

 

“This is the 16th annual report on our sustainability performance, in a year that was truly like no other due to the COVID-19 pandemic. Despite the challenges the world experienced in 2020, Cameco was resilient. We kept our focus on ensuring the safety of our workers, protecting the environment and supporting our partner communities. In fact, we received positive recognition for our performance on a number of ESG fronts last year, demonstrating the success of our programs and practices and the value we are creating.”

 

Goldshore Resources Inc. (TSXV:GSHR) has reported gold assay results from the first three holes (MMD-21-001 to 003) drilled to validate gold mineralization at the Moss Lake gold deposit in Northwest Ontario, Canada. Some highlights include the intercepting of 31.00m at 1.18 g/t Au from 122.0m in MMD-21-001, 35.00m at 1.09 g/t Au from 100.0m in MMD-21-002, and 57.00m at 1.20 g/t Au from 4.0m in MMD-21-003.

 

Exploring Mining Podcast Sponsor

O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.

 

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

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#Mining #Stock News: Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Announces C$15.223 in Non-Brokered Private Placements With a Combination C$9.723 Million in Units and C$5.5 Million in Secured Convertible Debentures; @AurcanaC

#Mining #Stock News: Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Announces C$15.223 in Non-Brokered Private Placements With a Combination C$9.723 Million in Units and C$5.5 Million in Secured Convertible Debentures; @AurcanaC

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


VANCOUVER, British Columbia - October 21, 2021 (Investorideas.com Newswire) AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN, OTCQX: AUNFF) is pleased to announce that it has signed subscriptions for a non-brokered private placement offering (the "Unit Private Placement") consisting of 13,891,072 Units (C$9,723,750.40 at a price of C$0.70 per Unit (the "Units").

Read this news, featuring AUN in full at https://www.investorideas.com/CO/AUN/news/2021/10211Private-Placements.asp

 

Each Unit will consist of one common share of the Company and one full common share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one common share at a price of C$0.90 for a period of 36 months following the closing of the Private Placement, subject to adjustment upon certain customary events.

The Company is also pleased to announce that its wholly-owned subsidiary, Rio Grande Mining Co. ("Rio Grande") has signed a subscription for a non-brokered private placement offering (the "Debenture Private Placement") of a secured convertible debenture (the "Debenture") in the sum of $5.5 Million.

The Debenture will have a maturity date of four years from closing and shall bear interest at a rate of 5.75% per annum, payable semi-annually. The principal sum of the Debenture, or any portion thereof, may be converted by the holder into shares of the Company at a conversion price of C$0.74. Each C$1,000 face value of Debenture shall come with 1,351.35 share purchase warrants ("Debenture Warrants"), with each full Debenture Warrant entitling the holder to acquire one additional common share in the capital of the Company at a price of C$0.95 per share for a period of four years from closing.

Subject to specific carve outs, the Debenture shall have first ranking security over the assets of Rio Grande including a pledge over the shares of Shafter Properties Inc., a wholly-owned subsidiary of the Company ("Shafter").

The Company will be closing each of the Unit Private Placement and Debenture Private Placement subject to the approval of the TSX Venture Exchange.

The net proceeds of both Private Placements will provide additional contingency funding for the restart of the Company's wholly-owned Revenue Virginius (RV) Mine as well as funding for growth of the resource base at the RV Mine which may enable the Company to grow future production volumes. Net proceeds will also be used for working capital and general and administrative expenses including potential opportunities to advance its wholly owned Shafter Project in light of the current silver price.

Finder's fees to third parties may be paid in certain circumstances as part of the Unit Private Placement and the Debenture Private Placement, as permitted by the policies of the TSX Venture Exchange and in accordance with applicable securities laws. The Debentures, Units, Conversion Shares, Warrants, Warrant Shares and any securities issued in connection with any finder's fees, will be subject to a hold period of four months and one day after the date of issuance thereof.

The Units and Debentures will be issued on a private placement basis pursuant to applicable exemptions from prospectus requirements under applicable securities laws. The common shares and Warrants (and any common shares issued pursuant to the Warrants, as applicable) forming the Units and the common shares and Debenture Warrants issued upon conversion of the Debentures and any securities issued in connection therewith will be subject to a statutory hold period of four months and one day from the date of issuance of the Units and Debentures.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States unless registered under the 1933 Act and any applicable securities laws of any state of the United States or an applicable exemption from the registration requirements is available.

ABOUT AURCANA SILVER CORPORATION

Aurcana Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA SILVER CORPORATION

"Kevin Drover"
President & CEO

For further information, visit the website at www.aurcana.com or contact:

Aurcana Corporation
850 - 789 West Pender Street
Vancouver, BC V6C 1H2
Phone: (604) 331-9333

Gary Lindsey, Corporate Communications
Phone: (720)-273-6224
Email: gary@strata-star.com

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement (including with respect to the timing of closing of the Private Placement). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

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.

Aurcana Silver Corporation (TSXV: AUN) (OTC: AUNFF) is a featured Mining stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Aurcana Silver Corporation is a featured mining company on InvestorIdeas. Please read our full disclaimer and disclosure regarding specific compensation Additional info regarding BC Residents: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 


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Wednesday, October 20, 2021

#AIEye #Podcast 616: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $CGI) (NYSE: $BMO) (TSX: $NA.TO)



 

 

 

#AIEye #Podcast 616: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $CGI) (NYSE: $BMO) (TSX: $NA.TO)


GBT Roadmaps Wearable qTerm Device, and CGI Inc. Partners with Canadian Banks for Intelligent Automation Pilot

 

Global #AI Market to Register 40.2% CAGR from 2021-2028

 

Point Roberts WA, Vancouver BC – October 20, 2021  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence  –  featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/102021-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/10201GTCH-CGI-BMO-NA.asp

 

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NYSE:CGI) (NYSE:BMO) (TSX:NA)

 

GBT Technologies Inc. (OTC PINK:GTCH) has roadmapped a wearable version of its qTerm human vitals device. Aimed to measure human vitals with the touch of a finger, the qterm’s prototype version is now under being manufactured, and plans to start the wearable version are slated for next year. Danny Rittman, CTO of GBT, said:

 

"It is only natural to create a wearable version of qTerm technology. One of the major advantages of a wearable form of qTerm is its capabilities to take health related measurements; independently, and without the user's awareness, this feature can be enabled upon the user's permission. We see this feature as a great advantage; especially, when users may forget to take their scheduled vitals, not aware of a potential problem. The wearable version of qTerm will be equipped with the same AI system for on-going health monitoring, and it will learn about a user's health condition and perform scheduled checks to ensure good health. These checks will be executed throughout the day or night and in case of abnormalities the user will be alerted, and can be an efficient health monitoring system for the elderly; 24/7. In qTerm's finger-touch version the responsibility to perform a vitals check lies on the user remembering to take these on time. However, with the wearable device the checks will be automatically executed throughout the day in case the user forgets their daily health-related duties, this system will do it for them. qTerm wearable will include a website synchronized mobile application for results representation. This advanced mobile application will make the qTerm wearable device a personal health monitoring system constantly on the watch, checking, analyzing and advising/alerting about any health concerns.”

 

CGI Inc. (NYSE:CGI) has partnered with the Bank of Montreal (NYSE:BMO) and the National Bank of Canada (TSX:NA) to pilot the use of intelligent process automation in capturing, identifying and classifying documents as part of the CGI Trade360 global trade platform's transaction flow. CGI is also partnering with Conpend, described as “a leading provider of artificial intelligence solutions for trade finance processes,” for the pilot project. Marc Smith, founder and director of Conpend, said:

 

"Via our Trade AI application, Conpend provides digital transformation software to the trade finance industry – automating the processing of both digital and paper-based trade documentation. Working collaboratively with CGI Trade360, we are able to substantially and rapidly extend our reach to global financial institutions, many of whom have been struggling with the manual processing of documentation for decades."

 

Global AI Market to Register 40.2% CAGR from 2021-2028

 

A report published by Up Market Research finds that the global AI market, which was valued at $62.35 billion in 2020, will register a compound annual growth rate (CAGR) of 40.2 percent in the forecast period 2021-2028. An excerpt from the report summary reads:

 

Tech giants have been directing continuous research and innovation to drive the adoption of new technologies across a variety of industries, including automotive, healthcare, finance, and manufacturing. Technology has been an integral part of these industries for centuries, but Artificial Intelligence has put technology at the heart of many organizations. AI is now being integrated into almost every program and apparatus, from autonomous vehicles to life-saving medical equipment. AI has been proven to be the key element of the digital revolution.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Disclosure: GTCH is a paid featured AI stock on Investorideas.com Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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