Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Closes Previously Announced Non-brokered Private Placement for a Total of C$33,406,363 With a Lead Order From Palisades Goldcorp Ltd.; @AurcanaC

Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Closes Previously Announced Non-brokered Private Placement for a Total of C$33,406,363 With a Lead Order From Palisades Goldcorp Ltd.; @AurcanaC

 

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

 

VANCOUVER, British Columbia - February 2, 2021 (Investorideas.com Newswire) Aurcana SILVER Corporation ("Aurcana" or the "Company") (TSXV: AUN) is pleased to announce that the previously announced (January 6, 2021 and January 27, 2021) private placement offering (the "Private Placement") of units has closed. Aurcana closed on the sale of 33,406,363 Units for gross proceeds of C$33,406,363. Palisades Goldcorp Ltd. participated with a lead order of C$5.0 million, marking Palisades Goldcorp's 4th participation as an Aurcana lead order since February 2020.

 

Read this news, featuring AUN in full at https://www.investorideas.com/CO/AUN/news/2021/02021Closes-Private-Placement.asp

 

Each unit ("Unit") is priced at C$1.00 and consists 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$1.25 for a period of 36 months from the date of issuance.

 

The net proceeds of the Private Placement will provide contingency funding for the restart of the Company's wholly owned Revenue Virginius (RV) Mine and will also support the examination of value creation opportunities on multiple fronts. Areas of focus will include the growth of the resource base at the RV Mine which may enable the Company to scale up future production volumes, as well as opportunities for strategic consolidation in the RV Mine district. Net proceeds will also be used for working capital and general and administrative expenses, including but not limited to potential opportunities to accelerate its wholly owned Shafter Project.

 

The Company paid an aggregate of C$895,200 in finder's fees and issued an aggregate of 886,530 agent's Units, as well as 1,612,770 agent's warrants, ("Agent's Warrants") with each Agent's Warrant entitling the holder thereof to purchase one Common Share at a price of C$1.25 for a period of 36 months from the date of issuance.

 

The Private Placement Common Shares and the Warrants (and any Common Shares issued pursuant to the Warrants, as applicable) are subject to a statutory hold period expiring on May 28, 2021.

 

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 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-Viriginius is silver. Both are fully permitted for production.

 

About Palisades Goldcorp

Palisades Goldcorp is Canada's 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.

 

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.

 

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

 

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

 

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#AI #Health #Stock News: GBT (OTCPINK: $GTCH) Commences Research Project to Enhance #Nanometer ICs Physical Verification Process; #ArtficialIntelligence

 #AI #Health #Stock News: GBT (OTCPINK: $GTCH) Commences Research Project to Enhance #Nanometer ICs Physical Verification Process; #ArtficialIntelligence

 

SAN DIEGO, CA,  February 2, 2021 (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT” or the “Company”), started a research project, internal name VeriSpeed, to develop new system and methods to enhance nanometer Integrated Circuits physical verification process.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/02021Physical-Verification-Process.asp

 

A typical microchip design process involves few types of design’s verifications and validation. A design verification is the end-phase process to ensure that the integrated circuit works as planned. This process typically consumes vast amount of the total time spent on the microchip design. As microchips become more complex and advanced they include many more transistors and functions, all of which must be carefully tested and verified. A typical IC’s verification stages are functional design verification, which tests and validates the IC’s functionalities, physical design and verification, which checks the IC layout geometrical and electrical rules, packaging, and manufacturing tests.

 

During the physical design process a computer program is processing the microchip database, which is a huge size data. Typical processing of an advanced nanometer IC data, preparing it for physical verification, is a major time-consuming process. During this process the IC’s data is read and the program learns about the geometric shapes, which is called the mask layout. A set of mathematical algorithms then process this data to verify that all geometrical, electrical and DFM (Design For manufacturing) rules are met. The database engine is a key factor to the entire process performance.

 

VeriSpeed research project introduces a new approach to this essential element in this process, the IC’s data reading. By applying intelligent algorithms, the program will read the huge data according to a specific algorithm flow substantially speeding the entire verification process of nanometer and other Integrated Circuit’s layout Designs thus significantly impacting the global project’s design time cycle and manufacturing efficiency. The project aims to accelerate the entire IC’s verification process to enable reduction of total Integrated Circuit design time. This new database engine approach is targeted to work with GBT’s multiplanar methods as presented in the recent granted patent.

 

“We are seeking to introduce an intelligent key factor within the IC physical design and validation process by addressing probably the most significant part of it, the database processing. An efficient database engine is a key factor for speed and high performance of the entire physical verification process including its three main aspects. The DRC, Design Rules Check – Geometrical Rules, LVS - Layout Versus Schematic, the electrical rules, and DFM - Design for Manufacturing rules.” stated Danny Rittman the Company’s CTO.

 

Based on advanced mathematical algorithm and deep learning the project will explore breakthrough approach and method for a new database engine that rapidly access to any specific area of the Integrated Circuit data. It is contemplated that the database engine will perform an initial analysis of the IC data to determine area’s priority for processing. The data then will be processed according to their density and complexity levels. The layout regions will be then processed in a fully hierarchical manner according to their internal indexing and priority weight. 

 

In addition, unlike typical existing practice, it is expected that the proprietary mathematical algorithm will verify geometrical shapes in specific innovative method by split-and-merge segments to achieve higher speed. A neural network-based algorithm will validate the heuristic’s results to ensure on-track process. One of the main advantages of this system will be the early data process as the design moves forward. As the IC designer starts his/hers block design the system will learn the block’s data as the  progresses. The database will be built incrementally over time and further shortened the final block physical verification process. The system will be working with GBT’s recent multiplanar 3D microchip methods as described in its patent. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Investor Ideas #Podcast Corner - Q.ai Founder talks about GameStop (NYSE: $GME) phenomenon and new era of transparency and fair playing field for retail #investors

Investor Ideas #Podcast Corner - Q.ai Founder talks about GameStop (NYSE: $GME) phenomenon and new era of transparency and fair playing field for retail #investors

 

Point Roberts, WA, Delta, BC February 1, 2021 - Investorideas.com, a global news source and leading retail investor and trader resource issues a new CEO interview for the Podcast Corner. In today’s special edition Investor Ideas talks to Stephen Mathai-Davis, the co-Founder and CEO/CIO of Q.ai

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/020121-GameStop.mp3

 

Read this in full at https://www.investorideas.com/news/2021/main/02014Podcast-GameStop.asp

 

Listen to Investor Ideas podcasts on Spotify

Q.ai is a subscription-based digital robo-advisor hedge fund app for the retail investor, designed to break the mold of typical investing by keeping earnings in investors’ pockets and circumventing traditional brokers. Q.ai is backed by Forbes Media and is very active in both Reddit and Discord online communities. 

Davis talks about the recent Gamestop  (NYSE: GME) retail investor phenomenon and how a shift in the investment community is taking place that will result in a burst of  fintech app creations providing investors more transparency and an even playing field 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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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 investor ideas 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 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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Investor Ideas #Potcasts 525, #Cannabis News and #Stocks on the Move; (CSE: $TNY.C) (OTC: $TNYBF) (TSX: $TGOD.TO) (OTC: $TGODF) (Nasdaq: $KERN)

 

Investor Ideas #Potcasts 525, #Cannabis News and #Stocks on the Move; (CSE: $TNY.C) (OTC: $TNYBF) (TSX: $TGOD.TO) (OTC: $TGODF) (Nasdaq: $KERN)

 

Delta, Kelowna, BC, February 1, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/020121-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/02011TNY-TGOD-KERN.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

In today’s podcast we will be looking at a few public and private company announcements.

 

The Tinley Beverage Company Inc. (CSE:TNY) (OTC:TNYBF) announced that SIP Elixirs, Nevada’s top-selling cannabis beverages, will be produced at Tinley’s cannabis beverage bottling facility in Long Beach, California.

 

SIP Elixirs’ products are currently the #1, #2, #3 and #4 best-selling cannabis beverages in Nevada, according to Headset. Each beverage is a high dose, small format elixir that is infused with the highest-quality cannabis distillate and botanically derived terpenes. These terpenes are designed to complement both the flavour of the drink as well as the desired effect. Available in four flavours - Wild Berry, Watermelon, Hurricane and Tiki Orange - each beverage is made using technology to get the strongest, fastest result.   SIP is available in over 50 dispensaries throughout Nevada and has developed a passionately loyal consumer base.

 

“SIP Elixirs is excited to join forces with Tinley to extend our brand to California. Their team's deep experience and enthusiasm made the partnership the natural choice. This is just the beginning of bringing great new products to new markets and consumers,” said a Sip representative.

 

“As the first third-party brand to be produced in our Long Beach facility, Sip represents a technologically-advanced, great-tasting beverage with an enormous consumer following. We’re confident they’ll experience the same explosive growth out of the gate in California as they have in Nevada,” said Rick Gillis, President of Tinley, Western USA.

 

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), a leading producer of premium certified organically grown cannabis, today unveiled plans to transition its medical business to a wholesale model, in line with other pharmaceutical products' distribution models.  TGOD's patient-centered approach will enable easier access to a broad range of medical cannabis products without having to register with multiple licensed producers.

 

TGOD has a national supply agreement in place with Medical Cannabis by Shoppers ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc., Canada's largest pharmacy network, and is Shoppers' largest supplier of certified organically grown medical cannabis. Every effort has been made to ensure that there is no supply disruption for patients and all TGOD products will be available via Shoppers' online store platform.  TGOD also has agreements with other medical distributors and clinics, with plans to increase its presence within the medical market as it transitions from its legacy direct-to-patient model.

 

"TGOD has its roots in the medical segment and remains committed to supporting easy access to cannabis treatments for Canadian patients.  Shifting to a wholesale model not only makes sense from a business standpoint, allowing us to invest working capital in other growth opportunities, but it also gets us closer to our goal of eliminating the stigma that surrounds the plant within certain medical circles," commented Sean Bovingdon, TGOD's Chief Financial Officer and Interim Chief Executive Officer.  "In our view, Medical Cannabis by Shoppers and other medical distributors will play an increasingly central role in supporting patients across the country, a trend we see accelerating in the years ahead as licensed producers focus on research and innovation."

 

The Company will support its patients throughout the transition period which is expected to be completed by April 1st, 2021.  In collaboration with its partners, TGOD has developed a seamless transfer process and will continue to handle orders as usual until the end of the transition.  An FAQ is available here, and patients can also contact TGOD's Customer Care at 1 (888) 603-TGOD (8463) or at care@tgod.ca.

 

Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), today announced the release of its first annual year-end review.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8728753-akerna-2020-cannabis-industry-year-end-review/

2020 has provided us with many interesting new trends in cannabis. Women are becoming more of a force in the industry, and concentrates are slowly gaining market share.

Who is consuming and how are they consuming it? Men and women each have their preferences. Women enjoy their cartridges and pens, while flower remains king for men.

"2020 has become synonymous with the unexpected. While the wheels of commerce turned slowly for much of the world, Akerna and the cannabis industry moved forward at full steam," said Jessica Billingsley, chief executive officer, Akerna. "This report provides a curated snapshot of the most important trends and events of 2020. With this collection of business trends and intelligence, you will be armed with knowledge that can help you stay informed and make the best decisions for your business in the year to come."­­

 

Read the Year-End Review here.

 

Cannabis Industry Year-End Review Highlights:

●       Cannabis Capital Markets: States Legalization Pushes the Crest of the Cannabis Wave Higher, by Codie Sanchez, Entourage Effect Capital

●       A Growing Industry Matures: The Post-Covid Landscape, by Ben Beckham, Director of Sales, Akerna

●       Cannabis Reform Sweeps 2020 Elections, by the Akerna Government Relations Team

●       Innovation and Diversification: Cannabis Branding, by Nina Simosko, Chief Commercial Officer, Akerna

 

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

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 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

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

 

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