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StraightUp Resources Inc. (CSE: ST) Moving Toward Goal Of Becoming One Of The Biggest Mineral Exploration Companies in North America with New Acquisitions

  • The mining sector has suffered some setbacks, including low demand for products, fluctuating commodity prices, and a push for green initiatives
  • Most companies have tried to cope with this by raising their total production value
  • StraightUp, however, is making strategic acquisitions within the North American market, optimistic that strategic investments will best grow shareholder value and bring the company closer to becoming one of North America’s largest mineral exploration companies
Over the past few years, mining has suffered some setbacks, ranging from fluctuating commodity prices to the push for green initiatives. Government ascendancies have also rendered specific sectors within the mining sector obsolete, ultimately reducing demand for products and the revenue generated by various companies (https://ibn.fm/ZysiS). On the other hand, one company that continues to expand its operations is StraightUp Resources (CSE: ST). With its focus on mineral exploration, the company is dedicated to securing a position as the leading mineral exploration company in North America. So far, StraightUp, based in Canada, has operations both in its home country and the United States, with plans to continue expansion within North America. Corporations in the mining industry have tried to cope with the challenge of dwindling demand for products and fluctuating commodity prices by raising their total production value, mainly of non-fuel minerals. While this has led to most mines remaining idle or some permanently closing, StraightUp, has taken on a different approach, acquiring mineral property assets in readiness for potential growth for mineral demand in the coming years. This enterprise recently purchased West Cat Mine, a historic mine in Nevada. The mine includes an unpatented lode mining claim on federal land in the historic Beatty Mountain Nevada Mining District. Rich in gold ore, StraightUp is optimistic that its 4 million common shares at the price of CA$0.25 per share, coupled with a cash amount equal to CA$50,000 investment, will pay off in the not-so-distant future (https://ibn.fm/nHCra). This recent acquisition builds on StraightUp’s growing property portfolio, which currently includes the flagship property located in Red Lake Mining District in Ontario and aligns with the Belanger Project. The 2,000-hectare property borders Infinite Ore’s Fredart and Garnet/Arrow properties (https://ibn.fm/R4dDa). StraightUp’s management understands that although the industry may be facing its fair share of challenges, building wisely for conservative future potential will make the difference between success and failure. Investments in mines within Canada and the United States will allow the company to position itself strategically within the North American market, inching closer to holding a strong market leadership position in the region. The company’s management has been vocal about its dedication to maximizing operational growth and shareholder wealth, evidenced by the decisions to make strategic investments both in Canada and the United States, with the goal of expanding even further in the future. For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

GSMI’s Social Media Strategies Summit Seeks to Provide Attendees with Essential Skills on Implementing Corporate Social Media Strategies

  • GSMI will host the Social Media Strategies Summit Virtual Conference between October 20-21, 2021
  • The virtual conference will provide attendees with a toolkit on how to implement a successful social media strategy to position their company for success
  • 91% of corporate executives forecast that their social media expenditure will increase over the coming 3 years; the Social Media Strategies Summit seeks to prepare brands on how to confront the future, today
The Social Media Strategies Summit Virtual Conference is set to be held in an entirely digital format between October 20-21, 2021. Hosted by the Global Strategic Management Institute (“GSMI”), a cutting-edge production company focused on promoting disruptive innovation, the Social Media Strategies Summit will provide attendees with the nuts and bolts on how best to implement a successful social media strategy designed to position their brands for success. Renowned for hosting some of the nation’s most popular social media-focused conferences, the Social Media Strategies Summit will seek to educate and provide those working within the marketing field with an arsenal of tools, resources, and connections to champion social media marketing transformation at their company. Conference delegates will be able to assess and audit their current social media initiatives through real-life feedback, discussions, and peer-to-peer learning, whilst simultaneously revitalizing their strategic framework with brand practitioners walking them step-by-step through successful case studies. The value of a cohesive social media strategy is best illustrated through the increased relevance which social media now plays on corporate success. A study carried out by Sproutsocial found that 55% of consumers now learn about new brands of companies on social media, a figure which rises to over 78% when it comes to Gen Z consumers. Perhaps more significantly, 78% of consumers have shown an increased propensity to buy from a company after having a positive experience with them on social media (https://ibn.fm/xkUUM). The Social Media Strategies Summit, inaugurated by summit emcee, Joe Cox, Founder & Creator of The Pop-Marketer, will feature a series of live, 45-minute-long presentations throughout the conference. Presentation topics will include, “Creating Content for Real People: From Data to Details” by Chemistry and Netbase Quid; “Brand Best Practices for Working with TikTok Creators” delivered by Adobe; “Winning Over Customers with People – Not Produces – on Social” from Mastercard; and “Convincing Customers to Swipe Right on your Brand” by Cisco. A complete list of the expert speakers and thought leaders at the conference can be found here: https://ibn.fm/aEFXm In addition to the live presentations, the Social Media Strategies Summit will also play host to several workshops and round-table discussions, including:
  • “How to Amplify Your Digital Content”
  • “Social Media Emerging Trends & Platforms”
  • “How Small teams Can Make a Big Impact on Social”
By using social media and engaging in third-party interactions consumers can attain a better view of the goods and services they wish to consume. It comes as no surprise that over 91% of corporate executives expect social media budgets to increase dramatically over the next three years. While businesses may not necessarily see a return on their social investments overnight, a judicious social media strategy coupled with data insights can provide businesses with longer-term dividends. For more information about the Social Media Strategies Summit, visit https://socialmediastrategiessummit.com/virtual-conference-october-2021/ About Social Media Strategies Summit: Created by the Global Strategic Management Institute, Social Media Strategies Summit is a series of events across the United States, from New York City to Chicago to San Francisco. As the longest-running social media conference in the nation, Social Media Strategies Summit is proud to offer opportunities for guests to network, learn and hopefully advance their careers in the process. The summit also offers a vast resource center online, providing over 200 talks and case studies from other events. General Inquiries: Social Media Strategies Summit San Diego, CA http://www.socialmediastrategiessummit.com 888.409.4418 Office Breanna.jacobs@gsmiweb.com Corporate Communications: InvestorBrandNetwork (IBN) Los Angeles, CA www.IBN.fm 310.299.1717 Office Editor@NetworkNewsWire.com

Tingo International Holdings Teams Up With MELD to Invite $2 Trillion-Dollar Crypto Economy to Invest in African Farmers

  • Tingo announces partnership with MELD, a DeFi non-custodial banking protocol for secure lending and borrowing of crypto and fiat currencies
  • Two companies share common commitment to bring financial freedom and inclusion to people
  • Tingo aims to encourage the $2 trillion-dollar crypto-economy to invest in African farmers; partnership intends to explore DeFi solutions such as decentralized low-interest loans
Tingo International Holdings, a majority shareholder of Tingo (OTCQB: IWBB), a unique Africa-focused Agri-Fintech company, announces a new partnership with MELD in a bid to bring a highly efficient decentralized finance (“DeFi”) lending and borrowing protocol to customers in Africa (https://ibn.fm/nRpsI). Working within the framework of the United Nations’ SDGs and Environmental, Social and Corporate Governance (“ESG”) impact investing, Tingo aims to be part of the solution for the African continent in several key areas—including food security—through the promotion of female entrepreneurship, financial inclusion, poverty alleviation, and zero hunger. MELD claims to be driven by a similar vision within its own sector—to facilitate access to highly sophisticated financial services for people beyond developed markets such as Europe and the US. The Company seeks to bring these services to the masses in Asia, Africa, and South America but sees Africa as a key market (https://ibn.fm/6Pk6Q). With this unique partnership, Tingo hopes to make its own contribution to providing better opportunities for the continent by encouraging the $2 trillion crypto economy to invest in African farmers. Tingo believes the partnership will add value to the Company’s nearly 10 million subscribers by offering them more economic and financial flexibility while also attracting new users to the Tingo platform. In addition, the two companies intend to work together to explore DeFi solutions such as decentralized low-interest loans and opportunities related to eNaira, Nigeria’s digital currency issued by the Central Bank of Nigeria to serve as a medium of exchange and a store of value (https://ibn.fm/cJkhm). With the shared belief that it is important that everyone, not just centralized institutions, governments, or wealthy individuals, can gain control of their financial lives and have equal access to financial instruments available to professionals, Tingo and MELD appear committed to make a joint effort to bring financial freedom and individualized control to the masses, including the unbanked. In the words of Chris Cleverly, President of Tingo, the change is unstoppable, and Tingo, as a leading Agri-Fintech in Nigeria, appears poised to be a significant part of that shift. “It is vitally important, as Africa’s largest Agri-Fintech Company directed at providing services for the agricultural community and working to ensure food security across the continent, that we work with technologies such as MELD and Cardano that are looking to shift the present paradigm in favor of banking for all and inclusive finance. DeFi, stable tokens, and NFTs will emancipate Africa as an economic powerhouse – we will work with regulators to ensure this is done safely and securely. Change is inevitable, and Nigeria is leading this change”, he said (https://ibn.fm/CHEqD). For more information, visit the company’s website at www.TingoGroup.com. NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/IWBB

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Establishes Lightning Network Routing Nodes, Deploys Bitcoin in Payment Channels

  • These steps mark the first stage of LQwD’s Lightning Network platform becoming fully operational, furthering their goal of allowing users to make instant, secure, and inexpensive payments anywhere in the world using Bitcoin
  • LQwD stakes Bitcoin on routing nodes to ensure network functionality where fees can be earned for forwarding transactions
  • Since January 1, 2021, the Lightning Network has seen a 77% increase in nodes, 103.8% increase in channels, and 182.4% increase in capacity
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, recently announced that it established routing nodes (networked computers) and deployed Bitcoin into payment channels on the company’s Lightning Network platform. This milestone was the first stage of the Lightning Network platform becoming fully operational, as it provided infrastructure, solutions, and liquidity to support the network’s development and fee earning potential (https://ibn.fm/gTlxj). LQwD’s Lightning Network is a layer-2 payment protocol built on top of the Bitcoin blockchain. It is composed of nodes running the proprietary software. These are then connected to other nodes through payment channels that allow the payment to find the recipient. For payments to go through, enough Bitcoin must exist in the payment channel. As a Lightning Network Services Provider (“LSP”), LQwD stakes Bitcoin on routing nodes to ensure the functionality of the network where fees can be earned for forwarding the payments. The Lightning Network has shown demonstratable growth since January 1, 2021. From January to October, nodes have increased 77%; channels have seen an increase of 103.8%, while network capacity increased 182.4%. The current network capacity as of September 28, 2021, is $124,305,308 (https://ibn.fm/NuXSD). LQwD is working on a three-pronged strategy that includes the following:
  • Offering PaaS (Platform as a Service) for Lightning Network Nodes and Payments Channels
  • Becoming the LSP providing routing and liquidity services
  • Accumulating Bitcoin as a treasury reserve asset, and for staking and liquidity
The goal is to build a strong brand and claim a place in the highly sought-after digital payment industry. When it becomes fully operational, the Lightning Network platform-as-a-service will help LQwD secure a leading role in this industry by enabling users to leverage the network’s infrastructure for instant, secure, and inexpensive payments anywhere in the world using Bitcoin. The platform’s development and growth come as the entire cryptocurrency market is continuing an upward trend. The growth is being fueled by transparency in the financial sector and the use of distributed ledger technology. Venture capital investments are also a crucial driving factor for the growth of the cryptocurrency market (https://ibn.fm/4rpyA). Many U.S. banks and other payment platforms are creating blockchain-based systems to allow for B2B and P2P cryptocurrency payments between users. Last year, PayPal announced its intention of allowing customers to buy, sell, and hold Bitcoin and other cryptocurrencies in their PayPal accounts. One limiting factor in determining the market’s potential is the lack of regulatory status. Despite this, the sector will continue to expand as there is growing acceptance of cryptocurrency payments in the U.S. LQwD’s plan for Q4 2021 is to secure market share and growth through payment channel revenue and transaction fees. The company also expects significant revenue to occur from potential, future strategic acquisitions. The use of the Lightning Network helps to increase the number of Bitcoin transactions per second (“TPS”) which currently averages as 7 TPS. Lightning Network allows Bitcoin transactions to be increased to millions per second allowing Bitcoin to be more scalable and usable as a global currency. For more information on LQwD and the Lightning Network, visit the company’s website at https://lqwdfintech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF), Beyond Retail

  • PlantX has made a sizable investment in educational content and community-building initiatives in addition to its retail business
  • The company has already created a body of content that is growing every week
  • The content covers the company’s weekly podcast, its YouTube channel as well as its blog, and other educational resources
  • PlantX’s weekly podcast boasts two seasons covering different topics and featuring different public personalities such as Venus Williams, Andrew Walker, and Nick McNutt.
  • PlantX hopes that creating even more value to persons living a plant-based lifestyle will foster the growth of this community and help to demystify the myths associated with a plant-based lifestyle
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is constantly working towards redefining the plant-based community. Known for its e-commerce platform and over 5,000 plant-based products, the company is on track to becoming the most trusted and convenient destination for people living plant-based lives (www.PlantX.com). While its list of product offerings goes a long way in shaping and influencing the plant-based community, PlantX believes that its operations should go beyond retail for it to have an even more significant impact. This entails educating consumers, engaging in community-building efforts, and sharing insights into making their lives better through various mediums and platforms. PlantX has already laid down the groundwork and has created a body of content that is growing with every passing week. Its weekly podcast boasts two seasons, covering different topics and featuring different public personalities such as Venus Williams, Andrew Walker, and Nick McNutt. Topics covered range from the business aspect of selling plant-based products to the impact of plant-based eating on athletic performance. This content extends onto PlantX’s YouTube channel, where viewers can enjoy the podcasts, this time in video format, while also having access to simple plant-based recipes with the Taste This! Series (www.youtube.com/c/PlantX/videos). The company also has a blog covering everything from scientific studies on the benefits of vegan diets to plant-based slang (www.PlantX.com/blogs). PlantX hopes that by creating even more value to persons living a plant-based lifestyle, either through educating them or through its community-building efforts, it will foster the growth of this community and help demystify the myths associated with a plant-based lifestyle. The company’s goals go beyond simply selling its products. Instead, it offers value and creates an environment through which those living or are interested in a plant-based lifestyle can thrive healthwise and intellectually. The company is currently working on expanding its product lines to include clothing, cosmetics, and its own water brand (https://ibn.fm/JH5wM). It is projected that soon, it will also start creating content covering these new segments as a way to not only introduce its products to existing customers but also to highlight the versatility of plants and how achievable a plant-based lifestyle is in today’s day and age. As evidenced by these initiatives, PlantX’s future goes beyond retail. Already, its business is not limited to an e-commerce platform, which says a lot about the company and where it intends to be in the not-so-distant future. Additionally, with its understanding of the different forms of media and the growing trends with content consumption, the company is choosing to offer value to its customers, firstly through educating them and then with its community-building efforts. The objective is to increase the knowledge of plant-based products, recipes, and lifestyles, and so far, it has remained consistent with generating content to meet this end. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

GSMI’s Social Media Strategies Summit Higher Education Conference Set to Provide Attendees with an Array of Social Media Marketing Best Practices

  • GSMI will host the Social Media Strategies Summit Higher Education event between October 18-21, 2021
  • The virtual conference will seek to disseminate social media best practices, drawn from a wide array of the United States’ leading colleges and universities
  • Upwards of 80% of students now use social media channels to select their preferred university, driving the need for institutions to introduce cohesive and holistic social media strategies and campaigns
The Social Media Strategies Summit Higher Education is set to be held in an entirely digital format between October 18-21, 2021. Hosted by the Global Strategic Management Institute (“GSMI”), a cutting-edge production company focused on promoting disruptive innovation, the Higher Education event will seek to disseminate social media marketing best practices drawn from the United States’ leading colleges and universities. Renowned for hosting some of the nation’s most popular social media-focused conferences, the Social Media Strategies Summit Higher Education will seek to educate and provide those working within the field of higher education with strategies on how to implement a successful social media strategy to position their institution for success. Other topics of the conference will include how best to assess and audit ongoing social media initiatives; and how to revitalize their strategy framework in conjunction with experienced brand practitioners who will assist in identifying new and creative ideas. Research has found that prospective university students, most of whom come from a generation immersed in social media and digital technologies, often use these technologies extensively as a source of information, including as a way to choose their future university. A study in the United Kingdom found that 83% of students were now opting for social media channels to help them make their university choices (https://ibn.fm/cONOT). The Higher Education Summit, inaugurated by summit emcee, Elizabeth Hornsby, Graduate Coordinator at the Southeastern Louisiana University, will feature a series of live, 45-minute-long presentations held throughout the conference. Presentation topics will include, “Tapping into Student Communities and Channels for Marketing Insights” delivered by Campus Sonar; “Guidelines for Vetting and Setting up New Campus Social Accounts” by UC Santa Barbara; “Using Metrics to Build Support and Advocate for Social Media Resources” by Yale Medicine; and “Content Matters: Transforming Social Media Engagement into Tangible Content” delivered by Harvard Business School’s Office of Alumni Relations.  A complete list of the expert speakers and thought leaders presenting at the conference can be found here: https://ibn.fm/6wbFY In addition to the live presentations, the Social Media Strategies Summit Higher Education will also play host several pertinent round-table discussions, including:
  • “How Higher Education Professionals Can Grow from a Social Media Position”
  • “Dealing with Negative Comments & Trolls on Social Media”
  • “Mental Health and Wellness for Social Media Managers”
By utilizing social media, prospective students can often attain an unofficial student view of a university, which they would not find on official university web pages. The National Centre for Universities and Business revealing that Facebook and Twitter are the most popular social media channels for students searching for information (https://ibn.fm/4NtdT). In a similar vein, the Social Media Strategies Summit Higher Education event will seek to disseminate best practices drawn from today’s leading colleges and universities, designed to position each higher education establishment in the best possible light. For more information about the Higher Education Summit, visit https://socialmediastrategiessummit.com/higher-ed-virtual-october-2021/ About Social Media Strategies Summit: Created by the Global Strategic Management Institute, Social Media Strategies Summit is a series of events across the United States, from New York City to Chicago to San Francisco. As the longest-running social media conference in the nation, Social Media Strategies Summit is proud to offer opportunities for guests to network, learn and hopefully advance their careers in the process. The summit also offers a vast resource center online, providing over 200 talks and case studies from other events. General Inquiries: Social Media Strategies Summit San Diego, CA http://www.socialmediastrategiessummit.com 888.409.4418 Office Breanna.jacobs@gsmiweb.com Corporate Communications: InvestorBrandNetwork (IBN) Los Angeles, CA www.IBN.fm 310.299.1717 Office Editor@NetworkNewsWire.com

The USA CBD Expo Will Be Back in Chicago In October, With More Than 50 Speakers and Hundreds of Brands Under One Roof

On October 28-30, 2021, Chicago’s McCormick Place will host the next USA CDB Expo. The nation’s largest CBD event series will continue with a three-day event in the Midwest that will provide industry enthusiasts with the opportunity to hear from more than 50 expert speakers, visit with hundreds of vendors, and network with thousands of their peers, following a successful return to an in-person format during its Atlanta-based conference in June. The October USA CBD Expo, which will be headlined by presenting sponsor 3Chi, the nation’s largest CBN and Delta-8 distributor, will be an early celebration of sorts, as the state of Illinois will soon mark the second anniversary of the legalization of recreational cannabis consumption, possession, and sale. Illinois’ recreational cannabis business has already grown to an estimated $40 million per month in retail revenues in less than two years, demonstrating the industry’s development potential and positive trajectory moving forward. The seminars will cover a wide range of topics, including an overview of changes in the CBD and hemp industry’s commercial side, present and future CBD market trends, health advantages, ongoing legalization initiatives, and medicinal use cases. CBD for sexual wellbeing, psychedelics education, the potency of therapeutic mushroom extracts, information about delta-8 and its legality, and other diverse topics are among the scheduled speakers. Things To Consider:
  • The USA CBD Expo brings together the whole CBD and hemp business into a single, all-encompassing event.
  • There will be over 300 vendors and 500 of the biggest brands in the industry!
  • Learn about all elements of CBD and hemp from 50+ renowned speakers!
  • Take advantage of exclusive networking opportunities and show prices for business owners!
What Is the CBD Expo? USA CBD Expo aims to be the greatest and largest CBD/Hemp event in the country, bringing the most creative and best products/brands to businesses and consumers on a constant basis, and compressing a quickly growing industry into one all-encompassing, premium event. Our staff is dedicated to showcasing the benefits of CBD, a product we sincerely believe in, at our events, and to representing our unequalled dedication. The USA CBD Expo will bring together upwards of 500 of the industry’s largest and most pioneering firms under one roof, in addition to its impressive list of industry personalities and expert speakers. Participants will get the opportunity to sample and learn about some of the newest and most inventive CBD and hemp products, which include anything from edibles and beverages to cosmetics and pet items. To know more about the event, visit https://usacbdexpo.com/chicago/.

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Stands Poised to Benefit from a Surge in Global Silver Demand

  • Rising investment demand for silver has seen several entities inaugurate dedicated warehouses set to house the precious metal
  • Demand for silver is being led by a combination of investment demand and industrial usage, driven by resurgent demand for renewable energy resources
  • Excellon Resources is well poised, benefitting from the ongoing production at their Platosa Mine project as well as the promising prospects for their Kilgore and Silver City deposits
The inside of a dusty six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space, currently holds around 400 tons of silver. Once complete, the vault will be able to store as much as 15,000 tons of silver – an indication of the potential which the market currently attributes to the precious metal (https://ibn.fm/JfMZq). Investment demand for silver coins and bars is booming, part of a retail-driven buying frenzy that saw the price of silver touch an eight-year high in February.  The buying activity has led to the value of silver stored within the London Bullion Market Association (“LBMA”) vaults rise to approximately $30 billion as of March of this year, a record figure which has remained largely unchanged to date (https://ibn.fm/gyHto). Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the space. Excellon recently published its 2Q 2021 production data (https://ibn.fm/47PVr), providing further details following the resumption of activities at its principal Platosa Mine, which has seen over 800,000 tonnes mined since production first commenced in 2005. The market’s increasingly optimistic outlook on silver’s prospects have not been confined to Singapore and London alone. In June this year, JM Bullion, one of the largest precious metals retailers in North America, inaugurated their new 25,000 square-foot silver warehouse in Dallas, which will be used for storing silver as well as other precious metals. Notably, silver’s prospects are simultaneously being driven by strong industrial demand across a myriad of sectors in the global economy: “The outlook for demand growth for silver over the next few years looks very positive, especially across a wide range of industrial applications, including solar, 5G and automotive,” said Philip Klapwijk, managing director of Hong Kong-based consultant Precious Metals Insights Ltd. (https://ibn.fm/GSH0O). A number of Asian countries set carbon zero targets last year, with President Biden announcing earlier this year that the US aimed to cut greenhouse gas emissions in half by 2030, a target which nearly doubled the nation’s previous commitment (https://ibn.fm/Ss8Lo). The ongoing move towards renewable energy sources should see the precious metal enjoy a significant uplift in demand as investment in solar power ramps up. Participants in the global silver trade have been busy preparing for the precious metal’s bullish future to come to fruition. Positioned well with its portfolio of production and exploration resource projects spanning North America and Europe, Excellon Resources is well primed to serve the burgeoning market. For more information, visit the company’s website at www.ExcellonResources.com. NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

Tingo Inc. (IWBB) Seeks to Boost Africa’s Agricultural Economy

  • Farming accounts for over 20% of Nigeria’s GDP, yet most of the nation’s farmers live well below the poverty line due to the mechanics of the regional agricultural economy
  • Tingo has sought to eliminate the market’s friction, providing farmers and agricultural cooperatives with digital access to a network of agricultural services, agents, and end purchasers
  • The company operates a market leading Agri-Fintech through four key business pillars – mobile phone leasing, mobile voice and data services, the Nwassa Marketplace Platform and Tingo Pay
Farming accounts for over 20% of Nigeria’s GDP, with the nation’s farmers toiling endlessly to produce a range of crops, including palm oil, cocoa beans, maize, sorghum, nuts, rice, and soybeans. Nevertheless, the state of the Nigerian agricultural industry is underperforming; over 88 percent of Nigerian farms are ‘smallholders’, toiling on less than five acres of land. In fact, a recent study found that nearly 72 percent of Nigerian smallholder farms lived on less than $1.90 per day, with most living well below the poverty line. Tingo (OTCQB: IWBB), an Agri-Fintech company focused on foundation-level agriculture and related financial services in Africa, have sought to address this problem with a vision to build a digitally inclusive ecosystems which promotes financial inclusion and delivers disruptive micro-finance solutions, empowers societies, and produces social upliftment in rural communities. Tingo has centred their business model around four core business pillars, namely – mobile phone leasing, mobile voice and data services, the Nwassa Marketplace Platform and Tingo Pay. In effect, the vertically integrated business model enables Nigeria and the wider African continent’s farmers to procure a Tingo-manufactured handset, using Tingo’s mobile data and voice services. Farmers can then access the Nwassa platform, Tingo’s proprietary agritech marketplace which provides the continent’s farmers with access to domestic and global markets to secure more competitive pricing for their crops. Since its formation almost two decades ago, Tingo has seen its operations expand at a break-neck pace in the past five years. The company opened two mobile handset manufacturing plants, distributing almost 30 million mobile handsets since 2014 and remains committed to upgrading the devices of its installed customer base every three years. Moreover, and through their competitive pricing policies, Tingo’s handset customers spread their purchase payments over 36 months, thereby increasing the company’s products’ affordability which leads to incredible customer retention. In addition to the near 30 million mobile handsets, it has sold to date. The Tingo Mobile Network also boasts over 9.3 million mobile subscribers as of end-2020, with the company confident that the number will swell as its operations see their geographic scope broaden in 2022. The company has simultaneously launched the Nwassa Marketplace Platform, which aims to provide smallholder farmers and agricultural cooperatives with access to a select group of trusted partners which can help with packaging, warehousing, and dry and wet cargo logistics, as well as up-to-date information from the global agricultural sector. Now, the platform processes over 500,000 daily transactions with a value of over $8 million per day; meanwhile, the Tingo Inc posted $593 million in revenues in 2020 with EBITDA totalling $212 million. In a world where growing socio-economic differences and global climate change have challenged sustainable agricultural production and food security, Tingo has aimed to provide an opportunity for Africa to be a core focal point to solve several key areas of concern, including food security, gender equality, financial inclusion and poverty alleviation, to name but a few. For more information, visit the company’s website at www.TingoGroup.com. NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/IWBB

Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) Is ‘One to Watch’

  • Playgon’s management team has three decades of iGaming experience and successful prior exits
  • The company’s business is global, with a mobile-first strategy
  • Playgon’s proprietary software assets are IP-protected
  • The company’s portrait-mode UX is uniquely designed for one-handed play on mobile phones
  • Playgon’s position is protected by high barriers to entry in a rapid-growth industry
  • Online casinos and sports betting sites/apps are increasingly adding market share to traditional location-based casinos
  • The online gambling market is forecast to grow at a CAGR of 12.3%
  • The global online gambling market is slated to reach a value of $127.3 billion by 2027, according to Grand View Research, with much of the growth expected from the U.S. and Asia
  • The U.S. online gambling market is on pace to reach a value of $19.3 billion by 2025, according to JP Morgan, as the market continues to regulate at a rapid pace
Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF) is a SaaS technology company focused on developing and licensing digital content for the growing global iGaming market. The company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table Games and Daily Fantasy Sports. Seamless integration at the operator level allows customer access without requiring the sharing of any sensitive customer data. Playgon games run on any browser and any device as fast and secure as a native app, without requiring any app store download. All that’s needed is a stable internet connection. The gaming experience is identical across all mobile devices. As a true business-to-business digital content provider, the company’s products are scalable turnkey solutions for online casinos, sportsbook operators, location-based operators, media groups, and big database companies. Playgon’s proprietary technology provides digital games for online gambling sites and mobile device apps, with the company licensing its mobile live-dealer technology to online gaming operators worldwide. Playgon combines high definition live streaming dealers with state-of-the-art augmented reality betting to provide the most authentic casino experience, live from Las Vegas. Playgon’s mobile platform features popular table games, all optimized for one-handed play on mobile devices. The COVID-19 pandemic has accelerated an already existing shift away from location-based casinos to online gambling. At the same time, the proliferation of mobile devices has provided players with new access to betting. A younger, tech-savvy consumer demographic is driving adoption of digital gaming globally. To meet this demand, Playgon has launched a studio with 10 gaming tables from which its live dealer streaming video originates. The company’s platform is live with multiple online casino operators through four aggregator clients in South Africa and Europe, and commitments are coming in from more. Playgon plans to expand the studio to 25 tables in the near term and is working to establish a U.S. strategy. The company will continue to expand licensing of its live dealer games to iGaming operators worldwide under a SaaS license agreement. As a B2B software supplier, Playgon avoids player acquisition costs. Games Live Dealer Casino Playgon offers the first and only Live Dealer Casino streaming live from Las Vegas. The company brings cutting-edge handheld features and functionality to the mobile generation of gaming enthusiasts who demand a world-class gaming experience on all devices. Playgon’s Blackjack delivers the look and feel of location-based casino tables with features providing players with the most unique user experience. The company’s true-to-life Roulette offers players a clear and uninterrupted view of the dealer, wheel, ball, bets, results, trends and statistics. Players can strategize, place multiple bets, track results and review trends without ever losing focus of the game. Playgon’s traditional Baccarat and proprietary Tiger Bonus Baccarat™ prove their worth by not only recognizing the need for a prominent product, but by adding elements which separate them from the pack without removing their authenticity. The games mix advances in technology with the traditional game attributes that have resonated and captivated players for hundreds of years. eTable Games To lead the rise of mobile-first gaming, Playgon developed a user experience perfected for one-handed play. Providing this next evolution in gaming technology ensures the company’s client operators loyalty from existing customers and is a powerful strategy to attract and retain new players. Playgon’s VEGAS LOUNGE(TM) brings together an innovative mix of games, technology and gameplay that offers players an authentic experience and real Las Vegas casino fun every time, everywhere. Daily Fantasy Sports Playgon’s Daily Fantasy Sports (“DFS”) are a subset of fantasy sport games which typically target a younger demographic. DFS provides iGaming operators a turnkey fantasy sports platform that can quickly go to market, integrate with the operator’s existing operations and services, and be customized to match and enhance the operator’s brand. The platform is mobile and desktop friendly, built for regulated market environments, and allows operators to monetize users through a network of shared liquidity. Market Outlook Online casinos and sports betting sites/apps are increasingly adding market share to traditional location-based casinos. This trend is only expected to accelerate as millennials reach their peak earning years and Gen Z youth begin to complete their education and move into careers. These generations are completely comfortable with online recreation, as well as tech like digital wallets and digital gameplay that underpins Playgon Games. The company has been described as “Netflix + Vegas, all in one.” The online gambling market is slated to reach a value of $127.3 billion by 2027, according to Grand View Research, with much of the growth expected from the U.S. and Asia. Even Europe, the most mature gaming market, is expected to grow at a rate of 20-25 percent year over year. The current global online Live Casino TAM is estimated at about $6 billion annually, and revenue is forecast to reach more than $8 billion by 2023 and more than $13 billion by 2027. Management Team Darcy Krogh is CEO of Playgon Games. He is a veteran of the iGaming industry with over 20 years of experience. In 1999, he co-founded Chartwell Technology Inc., which pioneered the development of browser-based digital content for the iGaming industry. After that company was sold to Amaya Gaming Group, he served as VP Business Development with Amaya. In 2016, he started Playgon Games (formally Global Daily Fantasy Sports Inc.) as President and CEO. His experience in the online gaming industry includes sales and marketing, relationship management, corporate finance, M&A, and strategic corporate development. Guido Ganschow is President of Playgon Interactive. He has more than 12 years of experience in creating real-time Live Dealer technology and platforms and was the co-founder and Creative Director for a Macau-based casino consortium. Between 2008 and 2014, he successfully created and established Live Dealer platform businesses in Asia and Europe, and executed commercial partnerships, sales, and integration of the Live Dealer solution with major global gaming brands, including Ho Gaming Group, Chartwell Technology and Amaya Gaming Group. Steve Baker is COO of Playgon. He is a former VP Operations for Shaw Communications, where he was directly involved in video streaming, home entertainment, new products, sales and M&A. He oversaw revenue growth from $300 million to $2.8 billion and employee growth from 350 to 13,000. He has broad experience and a proven record in development and implementation of cost effective and efficient growth strategies transitioning businesses from development to operations. Harry Nijjar is CFO of Playgon Games. He is currently a Managing Director with Malaspina Consultants Inc. and provides CFO and strategic financial advisory services to his clients across many industries. This experience has allowed him to help his clients successfully navigate the regulatory and financial environments within which they operate. Mr. Nijjar holds a CPA-CMA designation from the Chartered Professional Accountants of British Columbia. For more information, visit the company’s website at www.Playgon.com. NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://ibn.fm/PLGNF

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