The third annual 420 Expo Cannabis Convention will be held Sept 13-15, 2024 at the New Jersey Convention & Exposition Center. The event is expected to bring over 15,000 cannabis enthusiasts together for three days of networking with cannabis industry traders from all over the country. In addition, the convention will feature seminars, panel discussions, food, music, after parties, and exciting giveaways.

The event will also showcase a first-of-its-kind contest for licensed cultivators across the Garden State to compete for the 420 Expo Cannabis Cup until Sunday, July 28. In addition, B-Real, lead rapper of the multi-platinum hip-hop group Cypress Hill, will be gracing the event as guest of honor.

420 Expo is a well-organized event, curated by a team of enthusiastic professionals with significant cannabis industry experience, encouraging the local cannabis community by bringing together investors, young and veteran cannabis vendors, creatives, and enthusiasts, on a dynamic common forum.

New Jersey became the fourteenth state to legalize marijuana completely, on February 22nd, 2021. Atlantic City has a flourishing cannabis market waiting to get tapped by industry experts. The 420 Expo will bring tremendous business and collaboration opportunities to the New Jersey cannabis community.

The 420 Expo offers an interactive forum for new cultivators to exhibit their products before cannabis traders, connoisseurs, and enthusiasts. More than 100 vendors covering dispensaries, CBD traders, food, clothing, art and more will be setting up display booths.

Experts will shed light on topics such as selecting the right cannabis strains, legal expungement, cannabis to help addiction and recovery, investments, and more, at the roundtables and discussion panels. The expo seminar will spotlight topics such as medical marijuana, networking in cannabis, social equity, legal rights, cooking with cannabis, and more.

Tickets for 420 Expo are now available for general admission, VIP access, and bucket list smoke sessions.

To learn more please visit https://ibn.fm/nG4mO

The Digital Assets Protection Webinar organized by Blockchain Legal Institute Inc. was held online on June 29, 2024, and covered the topic of safeguarding your Digital Assets & Legacy.

The event was attended by traders, entrepreneurs, shareholders, enthusiasts, businesses dealing in digital assets, and those who have a keen interest in the subject. Digital asset organizations and investors took to the platform to connect with experts and engage in important topics that guide the digital assets world. The speaker’s sessions were presided over by two esteemed dignitaries of the Digital assets realms, namely, Jacqueline Cooper, JD, CEO of the Blockchain Legal Institute, and Oge Anene, CEO of Beacon Consulting, Blockchain lawyer.

Pivotal topics covered in the conference include learning how to protect and manage their digital asset security. Experts shared insights on how organizations can secure access to their social media accounts, crypto, emails, and all digital assets. These invaluable insights by industry veterans will ensure businesses can create their digital assets legacy for secure access for generations to come.

For managing digital legacies, AI can play a crucial role in tasks like legacy planning, inventory creation, and so on. The conference saw meaningful discussions among attendees and expert tips by digital assets experts to leverage the latest technologies for creating legacies of digital assets. Further, they also spoke about the risks these technologies like AI can pose for digital legacies and ways to overcome the challenges. The latest legal policies for blockchain technology and digital assets were also important topics of discussion.

To know more, please visit https://ibn.fm/fE7WN

Join Us at the Sustainability Summit on October 23rd!

Don’t miss out on the opportunity to connect with thought leaders, industry experts, and fellow enthusiasts at our upcoming Sustainability Summit. Dive into insightful discussions, explore innovative solutions, and collaborate on shaping a sustainable future.

To know more, please visit https://ibn.fm/rUjOq

The highly anticipated Blockchain Futurist Conference, Canada’s Largest Web3 Event, is set to return for its sixth year to Toronto this August 13-14, 2024, with a focus on Artificial Intelligence as a core theme. This year’s event promises to offer sessions, panels, and sub-events centered around AI, highlighting how these technologies are transforming Web3 and reshaping our world. The dedicated AI segment is scheduled for Wednesday, August 14, 2024, and is accessible with all conference passes.

AI and Web3 technologies are rapidly converging to create a future that promises to revolutionize the digital landscape. AI’s ability to analyze vast amounts of data, and automate complex processes, complements Web3’s decentralized and transparent framework. This integration enables more secure, and equitable solutions across various sectors. 

At this year’s event, attendees can hear from top industry leaders in AI such as:

• Anthony Di Iorio, Founder, Ethereum, Decentral, Andiami
• Ben-Zion Benkhin, CEO, WOMBO
• Ashley Nandan, Google Canada, Startups
• Ari Juels, Chief Scientist, Chainlink Labs
• Christopher Johnson, Developer, Bad Idea AI
• Trevor Koverko, Co-Founder, Sapien
• JD Seraphine, CEO, Raiinmaker
• Breeze Liu, Founder & CEO, Alecto AI
• Christopher Obereder, Investor, Startup Chris Ventures
• Adam Benzine, Creator & Oscar(R)-Nominated Filmmaker

AI Futurist Conference will also host multiple sponsors dedicated to AI organizations, such as Inference Labs, a Gold Sponsor at this year’s event.

Inference Labs specializes in developing advanced infrastructure and products for AI on Web3. Their lab focuses on AI inference interoperating on the blockchain, an essential step for building a future where anyone can access AI without counterparty risk.

Ron Chan, Co-Founder of Inference Labs, and a visionary entrepreneur dedicated to pioneering the future of Decentralized AI had this to say:

“In all my years navigating tech cycles, I have never witnessed the level of developer interest in Artificial Intelligence that we see today. We’re at an inflection point where Internet traffic is roughly split 50/50 between humans and machines. I firmly believe that inference will soon become the dominant form of Internet traffic.”

With two decades of experience as a serial entrepreneur, Ron Chan has successfully navigated the ever-evolving tech industry, leading multiple technology and infrastructure startups to successful exits. His expertise spans architecting data centers, defense projects, and developing mission-critical civil aviation applications, showcasing his versatility and adeptness in managing complex, high-stakes ventures.

Futurist Conference will also host multiple sub-events and meetups for the AI community throughout the venue on both days. These include:

• Crypto x AI Book Signing: Ari Juels, Chief Scientist of Chainlink Labs and author of “The Oracle,” will discuss Crypto x Artificial Intelligence on the Main Stage, followed by a book signing
• AI Ethics Roundtable: A critical exploration of the ethical implications of AI and the transformative role of Web3 technologies
• AI Web3 & Robotics for Kids: A fun and interactive workshop for kids to learn about AI and Web3, with hands-on experience with robots
• Robots Live Onsite: Witness jaw-dropping innovations in action and experience the thrill of future technologies before your eyes

You can find all the events that are taking place at https://www.futuristconference.com/ai

Futurist Conference aspires to be more than just an event; it aims to create a future world within a conference, immersing attendees in the cutting-edge technologies that will shape tomorrow. By offering interactive experiences, and live demonstrations, the conference allows participants to see, feel, and engage with the latest advancements in AI, Web3, and beyond.

Futurist Conference is the perfect place for these industries to convene, providing a unique platform for thought leaders, innovators, and enthusiasts to explore the transformative potential of AI and Web3 technologies. Get ready to step into the future this August.

For more information and to buy tickets go to www.futuristconference.com.

For media inquiries please contact laura@untraceableinc.com.

For sponsorship inquiries please contact events@untraceableinc.com

• GEMXX recently announced the addition of Ali S. Abood to the board of its primary investment target, Latin Energy Partners (“LEP”)
• The company signed in early June a definitive agreement with LEP to drill four test wells in a highly promising geological formation in Latin America
• GEMXX and LEP are joining forces to fully harness the potential of two target basins estimated to hold more than 1 billion barrels each of recoverable oil
• The strategic addition of Mr. Abood to LEP’s board aligns with its commitment to strengthening its investment portfolio and expanding its influence in the global energy sector
• Mr. Abood brings a wealth of experience in international business, finance, and consultancy, having held senior directorships and advisory roles in multiple multinational corporations and done consultancy work for defense, engineering, and technology firms

GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone, and jewelry producer with global reach, earlier this month signed a definitive agreement with Latin America Partners (“LEP”), an emerging leader and an independent E&P company involved in exploring significant hydrocarbon reserves in Latin America. The agreement kickstarted a collaboration to drill four test wells in a highly promising geological formation in Latin America, representing a significant milestone in the company’s expansion into the energy sector (https://ibn.fm/u6FWY).

LEP is guided by Dinesh Kumar Sarraf, the Chairman of the Board. The former Chairman and Managing Director of India’s premier E&P company, Oil and Natural Gas Corporation Ltd (“ONGC”), Mr. Sarraf is leveraging his extensive experience and strategic acumen to guide LEP toward identifying and developing 500-million-barrel (giant) and 3-billion+-barrel (super-giant) oil fields in Latin America. He leads a team of distinguished energy industry experts who, for decades, have been actively involved in global oil and gas exploration. This team has since expanded following a recent strategic addition.

As GEMXX announced in a recent news release, Ali S. Abood has joined the board of Latin Energy Partners (https://ibn.fm/pCvCK). The addition, GEMXX notes, aligns with its commitment to strengthening its investment portfolio and expanding its influence in the global energy sector.

“We are thrilled to announce Ali S. Abood has joined the board of Latin America Partners,” said Richard Clowater, CEO of GEMXX. “His extensive experience and proven track record in securing significant business relationships and funding will be invaluable as we continue to expand our investments in the energy sector. We are confident that Mr. Abood’s leadership and insights will drive substantial growth and success for Latin Energy Partners.”

Mr. Abood brings a wealth of experience in international business, finance, and consultancy. He has held senior directorships and advisory roles in multiple multinational corporations operating in a myriad of sectors, including mining, energy, commodity trading, and financial services. Notable roles include key positions at Esso (Exxon) and the National Commercial Bank of Saudi Arabia. He has also consulted for defense, engineering, and technology firms.

Mr. Abood is particularly known for his negotiation skills and high-level political and senior business contacts in the Middle East, Africa, and around the world. He boasts an entrepreneurial spirit and employs innovative marketing strategies that have seen him consistently secure substantial business deals for his clients. Mr. Abood is an expert in arranging funding through international government credit agencies and syndicated loans; this expertise has been crucial to facilitating major business transactions. As a result, GEMXX and its primary investment target, LEP, believe he is well-positioned to contribute to LEP’s strategic growth and success, a belief that Mr. Abood also holds.

“My extensive experience in international business and finance, particularly in the energy sector, has prepared me well for this exciting role. No other onshore oil blocks have this multi-billion-barrel potential. I look forward to leveraging my expertise to secure key business relationships and funding opportunities that will drive Latin Energy Partners to new heights,” conveyed Mr. Abood.

The collective experience of the team at LEP will be crucial in ensuring the success of the venture with GEMXX, which is expected to span the initial drilling phase through to potential full-scale production. According to GEMXX, preliminary explorations in two target basins have presented promising results. In particular, the results have revealed extensive sedimentary deposits perfect for successful oil and gas systems, with estimates suggesting these basins may hold more than 1 billion barrels each of recoverable oil. The estimates position GEMXX and LEP to establish a footprint in the global oil and gas market.

“We are eager to combine our expertise to fully harness the potential of these promising basins,” commented Clowater in a May 14 news release announcing the partnership with LEP (https://ibn.fm/Yi90w).

For more information, visit the company’s website at www.GEMXX.com.

NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ

• An overwhelming share of U.S. adults say marijuana should be legal for medical or recreational use, reports Pew Research Center
• The U.S. attorney general has submitted official notice to begin the process of moving marijuana from a Schedule 1 to Schedule 3 drug under the Controlled Substances Act
• MedCana is committed to building the technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts

With a significant majority of Americans supporting cannabis use and the U.S. government on the verge of changing the status of the substance under the Controlled Substances Act (“CSA”), Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is positioning itself for marked growth and success in the coming months. The company’s goal is to be the world’s premier resource for pharmaceutical cannabis products.

“As more states pass laws legalizing marijuana for recreational use, Americans continue to favor legalization of both medical and recreational use of the drug,” revealed a recent Pew Research Center survey (https://ibn.fm/OaWc1). “An overwhelming share of U.S. adults (88%) say marijuana should be legal for medical or recreational use.

“Nearly six in ten Americans (57%) say that marijuana should be legal for medical and recreational purposes, while roughly a third (32%) say that marijuana should be legal for medical use only,” the report continued. “Just 11% of Americans say that the drug should not be legal at all.”

After many years, the federal government is seemingly catching up to public opinion. In May the Justice Department announced that the attorney general had submitted official notice to begin the process of considering moving marijuana from a Schedule 1 to Schedule 3 drug under the CSA (https://ibn.fm/BE54W).

“Marijuana has been classified as a Schedule 1 drug since Congress enacted the CSA in 1970,” the announcement noted. “On Oct. 6, 2022, President Biden asked the attorney general and the secretary of Health and Human Services (‘HHS’) to launch a scientific review of how marijuana is scheduled under federal law. After receiving HHS’s recommendations last August, the attorney general sought the legal advice of the Justice Department’s Office of Legal Counsel (‘OLC’) on questions relevant to this rulemaking. In light of HHS’s medical and scientific determinations, and OLC’s legal advice, the attorney general exercised his authority under the law to initiate the rulemaking process to transfer marijuana to Schedule 3.”

The process to make the change includes several steps, including a public comment period and final judicial review. “Still, the reclassification of cannabis would mark a new era in America’s often contradictory relationship with a substance already legalized in one form or another in more than half the states,” stated an article in The Week (https://ibn.fm/ryFIL).

The Week noted that perhaps the most significant change reclassification would bring would be increasing governmental ability to conduct further research into the health benefits of cannabis. The article stated that “reclassification also means the government acknowledges cannabis, like all other Schedule 3 substances, has an ‘accepted medical use and may lawfully be dispensed by prescription,’ the Congressional Research Service said. However, any such prescriptions must be approved by the Food and Drug Administration.

“Beyond expanding and easing access to federal research opportunities, reclassifying cannabis will have a major impact on the booming — but still legally murky — marijuana industry as a whole,” the article observed.

With these looming changes as a backdrop, MedCana’s commitment to building the technology, laboratories, growing facilities and scientific teams needed to provide premium pharmaceutical-grade cannabis extracts to the world is perfectly timed. Committed to absolute integrity, sustainability and social responsibility, MedCana is a holding company focused on developing companies in the agricultural-technology and the cannabis industries. As MedCana moves forward with its expansion plans, the company remains committed to delivering on its promise of building a solid foundation for future growth of its holdings.

For more information, visit the company’s website at www.MedCana.net.

NOTE TO INVESTORS: The latest news and updates relating to SFWJ are available in the company’s newsroom at https://ibn.fm/SFWJ

• SuperCom President and CEO Ordan Trabelsi recently highlighted important strengths of SuperCom’s product suite and its operational model during an interview with the Your Advantage Play podcast
• SuperCom Ltd. has developed an end-to-end electronic monitoring (“EM”) solution for justice system’s needs that is competitive in a critical and growing modern niche market
• SuperCom’s technology is showing its importance in offender monitoring related to domestic violence cases or other court-ordered monitoring mandates
• SuperCom’s EM technology is attractive to criminal justice agencies because it allows them to use monitoring options as alternatives to costly incarceration, helping to minimize repeat offenses and keep offenders productively engaged in society

The increase in domestic violence cases over the past decade has made the need for security greater than ever (https://ibn.fm/xWFPb). Israel-based company SuperCom (NASDAQ: SPCB) is introducing electronic monitoring (“EM”) technological innovations that deliver responsive security solutions that are known for ease of use and being unobtrusive for the individuals wearing the technology.

“We are able to disrupt the status quo and change a lot of programs that didn’t work in the past,” SuperCom President and CEO Ordan Trabelsi said in a recent interview with the Your Advantage Play podcast (https://ibn.fm/VZgpG). “People have been trying to do electronic monitoring for over 30 years, but many of the times they ran into technological hurdles. Originally, you couldn’t even track someone well because they (the devices) were so inaccurate… But every year, there are more improvements, and we leverage smartphones from Samsung, technologies that are out there. … With every project, we’re able to be one step ahead of the curve.”

Trabelsi said the company’s PureSecurity Suite of products hinges on an electronic bracelet worn by whoever needs to be tracked and geo-fence management, but unlike the EM bracelets commonly worn by individuals on probation or parole supervision, SuperCom’s bracelet is not bulky and is virtually unnoticeable underneath clothing. It does not need the daily battery charges its counterparts require, and SuperCom has worked through potential concerns such as tracking signals being lost amid high-rise buildings in big cities, he said.

The suite is adaptable to changing conditions as they are imposed on the person being tracked.

The underlying idea of the technology is to help keep some offenders, especially those charged or convicted in misdemeanor cases, from expensive and often detrimental incarceration, keeping them functioning in society where they can be productively employed while being discretely monitored.

The company’s tracking solution not only monitors geographic location but can also determine elevation. 

“It depends what (signal) noise you’ll have, but (with) our technology, we can tell how high someone is, so you’ll know that someone’s around the 40th floor versus someone who’s on the floor level,” Trabelsi said. “Some people, especially in Manhattan, live in a certain area, so you want to make sure they’re actually in the building in their home, not just in the building. … If someone’s a sex-offender and they need to stay in their house, and they’re in a huge building with thousands of people, it doesn’t help just to track that they’re in the building.”

The company regards itself as a competitive player in a niche market. Trabelsi said the offender-tracking industry is valued at $2 billion, and there are only 10 competitors with high barriers for others to enter.

“If you look at Europe, for example, where we started off with small projects for $100,000, $200,000 in size, now we’re running into projects that are $5 (million), $7 (million) and even $30-plus million in size,” Trabelsi said. “And that just shows how sometimes the market dynamics and the industry have to match your offering so you can make a disruptive change in the industry and also for your company.”

SuperCom’s base of operations in Israel draws on the education and mindset inherent among the nation’s residents in defensive technologies, giving the company an added advantage in the EM security sector, he said. The technology can also be applied to other types of personal needs, such as keeping track of children and vulnerable adults who are prone to wander and become confused, and even tracking COVID compliance, but the company prefers to focus on one application at a time and grow into the other opportunities over time, Trabelsi said.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

• New project “set to transform luxury entertainment and hospitality,” according to company officials
• Critical development has included work on infrastructure and improvements
• Officials also focused on obtaining required permits, assembling key leadership and identifying ideal vendors

A luxury destination featuring world-class entertainment, opulent accommodations and immersive experiences is rising in the Mojave Desert. The unique property, called Destino Ranch, is a bold, visionary project envisioned by Golden Triangle Ventures (OTC: GTVH) and its wholly owned subsidiary, Lavish Entertainment.

Golden Triangle and Lavish Entertainment recently provided an update (https://ibn.fm/v4zh2) on the one-of-a-kind project, which is “set to transform luxury entertainment and hospitality.” According to the report, “Upon taking possession of the nearly 70-acre ranch and its overall infrastructure, which included 643 trees, only 35% of the irrigation system was properly functional while most watering was done using a water truck. Today, 98% of the irrigation system is now operational following a massive overhaul.

“Key improvements include replacing and updating 95% of all control valves, re-energizing all existing waterlines and making numerous major system enhancements,” the report continued. “The extensive cleanup efforts have also included the repair of perimeter fencing, reinstallation of gates and opening of roadways around the project.”

The report noted that improvements in the water supply system, such as updating lines and control valves to the storage system and revamping the well system, have been made. In addition, substantial effort has gone into caring for the ranch’s trees, which contributes significantly to the way the property looks.

“Tree care has been a primary focus, involving pruning and trimming for health benefits and ongoing fruit production,” the company reports. “All dead trees have been removed, and new planting is planned to further enhance the project by adding additional fruit trees and various ornamental shade trees. Plans include adding numerous colorful trees and plants to create a park-like atmosphere, improving the environment and enhancing the overall aesthetic appeal of Destino Ranch.”

Along with efforts made on the actual property, company officials are focused on logistics, working closely with city planners and council members to obtain required permits and approvals for the project. “This comprehensive effort encompasses the creation of detailed development and engineering plans, alongside strategizing the acquisition of additional property essential for the project’s completion,” the report noted. “The company is actively engaged in future concept planning to ensure long-term success.”

Finally, a key part of Destino Ranch’s success will depend on management. Lavish Entertainment is dedicated to assembling an experienced, professional board of team members and directors along with identifying key vendors and determining specific site placements. Plans call for the development of a detailed site map to guide the progress of Destino Ranch.

A multifaceted consulting company, Golden Triangle Ventures operates as a parent business pursuing ventures in the health, entertainment and technology sectors. The company is looking to purchase, acquire and/or joint venture with established entities within these areas of business. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors the company aims to do business in.

For more information, visit the company’s website at www.GoldenTriangleInc.com.

NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://ibn.fm/GTVH

• Lexaria, a global innovator in drug delivery platforms, recently hired a contract research organization (“CRO”) for its upcoming chronic human study, GLP-1-H24-4
• This study will seek to evaluate various glucagon-like peptide-1 (“GLP-1”) formulations, processed with the company’s patented DehydraTECH(TM) technology
• The study will feature five arms, with each conducted using several investigational sites in Australia

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced the hiring of a contract research organization (“CRO”) that will be responsible for overseeing the execution of the company’s upcoming chronic human study, GLP-1-H24-4. This 12-week study will seek to evaluate various glucagon-like peptide 1 (“GLP-1”) formulations processed with the company’s patented DehydraTECH(TM) technology, which has demonstrated enhanced bioavailability in multiple studies. It will also explore other treatments with efficacy objectives, including, but not limited to, blood sugar reduction and weight loss (https://ibn.fm/ObpMK).

“This study will be the most comprehensive and impactful GLP-1 investigation that Lexaria has ever undertaken,” noted John Docherty, Lexaria’s President.

“The greatly expanded scope compared to our previous studies will allow us to investigate DehydraTECH-GLP-1 safety and efficacy over an extended treatment duration to significantly broaden our knowledge of DehydraTECH’s ability to potentially improve the effectiveness and tolerability of this world-leading class of drugs,” he added.

This study will have five active treatment arms, each with 16 diabetic patients. The first arm will use Rybelsus(R) as a positive control; the second will utilize DehydraTECH-CBD, the third will feature DehydraTECH-semaglutide while the fourth will see a combination of DehydraTECH-CBD and DehydraTECH-semaglutide. The last arm will feature DehydraTECH-tirzepatide. Each patient will be dosed orally daily, subject to change once the final protocol is complete.

Each of these arms of the study will be conducted using several investigational sites in Australia as a registrational Phase 1b study within Australian clinical regulatory authority regulations. Once completed, the study is expected to be equally regarded as a Phase 1b registrational study by the U.S. Food and Drug Administration (“FDA”).

For Lexaria, this marks a significant milestone in its quest to offer a viable treatment option for diabetes. In 2022, its DIAB-A22-1 multi-week rodent study utilizing DehydraTECH-CBD demonstrated weight loss of 7% and reduced blood glucose levels of 19.9%+/-7%. In January 2024, the company discovered that DehydraTECH processing of Rybelsus(R)-branded semaglutide, after a single dose, improved blood sugar control and reached higher levels of semaglutide measured in blood than did Rybelsus(R) itself. The company looks to establish whether this improved pharmacokinetic performance could lead to improved weight loss and/or blood-sugar control compared to Rybelsus(R) alone after multi-week dosing.

Study preparations with the CRO are already in the works pursuant to an initial start-up agreement under which several activities will occur, such as full clinical protocol design and writing in consultation with medical experts, regulatory authority submissions, and data management planning. Lexaria’s management is optimistic that the results from this undertaking will be positive, further exemplifying the potential of its DehydraTECH technology and showcasing its overall viability in the potential treatment of diabetes and weight loss.

For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

• The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030
• Torr Metals is developing two highly prospective copper-gold projects in Canada, one of the most mining-friendly and infrastructure-rich jurisdictions in the world
• In June, Torr Metals released the newest exploration data from Kolos in the Quesnel Terrane, a mining district in south-central British Columbia
• Several active mines operate within the Quesnel Terrane, including the four largest copper producers in Canada, being the Highland Valley, Gibraltar, Copper Mountain, and Mount Milligan mines

Copper, a critical metal nicknamed an “economic barometer” due to its multitude of uses that reflect the financial health of countries, is experiencing a spike in demand owing to vows for global electrification. Copper demand on a historical level – construction plumbing and wiring, transportation, power and communications transmission – remains strong, with added demand now for use in electric vehicles, charging stations, renewable energy, and the electric grid itself.

The situation has significant upside potential for companies big and small that are making investments in future copper production, including Torr Metals (TSX.V: TMET), Vale (NYSE: VALE), Newmont (NYSE: NEM), and Anglo American (LSE: AAL).

A Supply Shortfall Condition

That said, a looming supply shortage threatens to stall the momentum. The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030. And that could be a generous estimate considering production is struggling to keep up with prior years.

An article published on Mining.com leveraged an infographic from The Visual Capitalist and due diligence of public information to estimate that copper production at the world’s top 20 copper mines in 2023 came in under 2020 capacity by nearly 20% (and estimated 7,411,752 tonnes vs. 8,869,000 tonnes).

As ore grades decline, supply interruptions abound around the world at leading producers, including Chile, Peru, Zambia and the DRC, ranging from droughts to regulatory and social obstacles.

Further compounding the issue are inflationary pressures and the hefty costs associated with developing new mines. These factors are acting as a significant deterrent to ramping up copper production and have severely dampened rates for new discoveries, which have plummeted in the last decade.

For the last several years, analysts have been arguing back and forth over whether copper will legitimately face a supply shortfall. With developments like the Panama Supreme Court ordering the shutdown of First Quantum Minerals Ltd. massive $10 billion Cobre Panama copper mine and Anglo American surprising with a production cut in South America, the narrative has shifted towards “when,” not “if.” To that point, BNN Bloomberg recently reporting that the surplus forecast for this year has essentially disappeared.

A Copper Grab Situation

There is investment activity in the copper market as majors look to capitalize on the opportunity. BHP offered $39 billion to buy Anglo American, a bid to create the world’s biggest copper producer. According to its May investor presentation, Barrick Gold plans to double its copper production by 2029. Vale has committed $3.3 billion to ramp-up copper and nickel production. In 2021, Newmont Gold paid $311 million to buy junior explorer GT Gold for the prize of its Saddle North copper-gold porphyry discovery and strengthening its foothold in the Golden Triangle region in northern British Columbia, Canada.

Torr Metals

Elsewhere in BC, watch for developments from Torr Metals, a young company focused on advancing its 100% owned, district-scale copper-gold porphyry and orogenic gold projects in highly accessible mining regions of Canada.

Torr’s projects check the boxes for being excellent opportunities to potentially develop new copper and gold discoveries, complete with multiple undrilled kilometer-scale exploration targets, existing infrastructure, and low-cost development opportunities with year-round drilling potential.

The approximately 240 km² Kolos Copper-Gold Project is in the prolific copper-producing Quesnel Terrane of south-central British Columbia, with direct access to Highway 5, and is situated 286 kilometers northeast of the port of Vancouver. On the eastern end of Canada, Torr has the ~261 km² Filion Gold Project that lies within an unexplored gold-bearing greenstone belt, adjacent to the Trans-Canada Highway 11, just 202 km from Timmins, northern Ontario.

BC’s Quesnel Terrane is a hotspot for copper exploration and production. This arc of volcanic and sedimentary rocks is known for hosting numerous major porphyry copper deposits, ideal for large-scale mining.

Several active mines operate within the Quesnel Terrane, like Teck Resources’ (TSE: TECK.A, TECK.B) (NYSE: TECK) Highland Valley mine, Hudbay Minerals’ (TSE: HBM) (NYSE: HBM) Copper Mountain mine, Taseko’s (TSX: TKO) (NYSE American: TGB) (LSE: TKO) Gibraltar mine, Centerra Gold’s (TSX: CG) (NYSE: CGAU) Mount Milligan mine, New Gold’s New Afton mine (TSX: NGD) (NYSE American: NGD), and Imperial Metals’ (TSX: III) Mount Polley mine, contributing significantly to Canada’s copper output. The region’s potential extends beyond current operations, with ongoing exploration aiming to discover and develop additional copper deposits to meet the growing global demand for this critical metal.

The latest data released in June by Torr confirmed never-drilled copper and gold mineralization in outcrop, while also expanding geophysical targeting at its Kolos project. Torr Metals found promising signs of copper and molybdenum in a new area of Kolos, dubbed the “Vik Zone.” The zone showed copper-rich rock alongside strong geophysical signals across a 2.5-kilometer trend, the latter indicating potential for robust hydrothermal alteration and mineralization extending 800 meters below the surface. Importantly, this is a completely new discovery with no prior exploration done.

Torr Metals’ copper potential at the Kolos Project is further substantiated by recent high-grade assay results from rock grab samples, revealing values of up to 0.42% Cu and 1.07 g/t Au, which are comparable if not superior to porphyry deposits in the region(*). Additionally, the identification of 10 new promising areas with similar rock types and geophysical readings to the six established drill-ready targets underscores the vast unexplored potential. With their grassroots exploration possibilities these areas offer exciting opportunities for future potential discoveries, making Torr Metals a highly attractive prospect.

(*)Comparisons disclosed are not necessarily indicate of the type or scale of mineralization on the Kolos Project.

For more information, visit the company’s website at www.TorrMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

• The Robot-as-a-Service market is dynamic, projected to exceed $170 billion in the next six years
• Nightfood Holdings has acquired Future Hospitality Ventures in an all-stock deal that diversifies the CPG company and puts it on the leading edge of the RaaS revolution
• The initial thrust for Future Hospitality restaurants, hotels and multiple senior care facilities, all of which are prime opportunities for Future Hospitality’s technology

The service industry is undergoing a major transformation. While exceptional service will always be a cornerstone of the guest experience, advancements in automation technology are revolutionizing how restaurants and hotels operate and compete. According to a recent filing with the SEC by Nightfood Holdings (OTCQB: NGTF), the up-and-coming global service robots market is projected to exceed $170 billion by 2030.

Nightfood, which made its name by developing and commercializing healthier versions of popular late-night snacks, acquired the Robots-as-a-Service company Future Hospitality Ventures Holdings, Inc. in an all-stock transaction. As the name implies, Future Hospitality is focused on pioneering innovation in the hospitality industry.

Traditionally labor-intensive and repetitive tasks like cooking, food and beverage delivery, and guest check-in are ripe for automation. To that end, robots and automation are efficient, tireless new additions to the hospitality team.

Imagine a cooking robot that prepares meals with meticulous precision, ensuring every dish meets the highest standards. Server robots can whisk meals directly to guests’ doors, eliminating wait times and freeing up staff for personalized interactions. Even the check-in process can be streamlined by AI-powered chatbots or self-service kiosks, allowing guests to settle in with minimal delay.

The benefits extend far beyond efficiency. Robots can work tirelessly, alleviating pressure on existing staff and reducing workplace fatigue. This translates to a happier workforce, which ultimately fosters a more welcoming environment for guests. Additionally, automation can contribute to cost savings, allowing restaurants and hotels to reinvest in guest amenities.

Forward thinking Nightfood Holdings is embracing this automation revolution. By incorporating robots into key aspects of their operations, Nightfood aims to provide guests with a seamless and personalized experience. Their innovative approach underscores the immense potential robotics holds for the hospitality industry.

Under the leadership of Sonny Wang, who was recently named the new CEO of NGTF, Future Hospitality has secured distribution agreements with industry-leading manufacturers United Robotics Group and Botin Innovation and has distribution agreements with at least one other global manufacturer expected to be signed in the coming months.

The initial thrust will be in California, one of the largest economies in the world, boasting over 83,000 restaurants, 19,000 hotels and 1,200 senior care facilities, all of which are prime opportunities for Future Hospitality’s technology. California is undergoing an industry-wide upheaval after incrasing minimum wage to $20 per hour for fast food workers. Many popular restaurants have already closed their doors in California. For those that remain, finding operational efficiency through automation may be the only path to continue operations.

While some may fear automation replacing human interaction, the reality is quite different. Robotics are here to augment, not replace, the human touch in hospitality. By automating mundane tasks, staff can dedicate their time to offering exceptional task management, creating bespoke experiences, and fostering genuine connections with guests. Ultimately, the human element remains irreplaceable, but with robotic support, hospitality professionals can operate at their peak, ensuring guests feel valued and well-cared for.

The future of hospitality requires a harmonious blend of human expertise and technological innovation. Robots have become more sophisticated and seamlessly integrated. The industry is transforming before your eyes. This allows operators to offer guests a new level of convenience and efficiency while preserving the core values of exceptional service and personalized experiences.

It’s either automate or go out of business.

For more information, visit the company’s website at https://ir.nightfood.com/.

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