Stocks To Buy Now Blog

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First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Sees Favorable Results from Efforts to Expand Historic Resource

  • First Cobalt drilling program in Idaho shows promise for important high-tech metal
  • During the next decade, demand for li-ion battery cobalt alone expected to double current levels for metal’s entire market
  • $9 million program at First Cobalt’s Idaho site preparing NI 43-101-compatible report on historic site with still-unexplored potential

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) is reaping rewarding reports from its exploration to extend a historic resource in Idaho’s prolific Cobalt Belt. The project is an example of industry efforts to establish North American sources of the metal so vital to high-tech batteries and other modern tech applications, and First Cobalt’s portfolio indicates its potential in leading the effort. Having stable North America-based operations and sources could help avoid unpredictable future problems, such as Panasonic’s recent sudden cut off of a cobalt supplier due its relationship with Cuba.

First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, with its historic mineral resource estimate (not currently compliant with NI 43-101 standards); the Canadian Cobalt Camp north of the Great Lakes, with more than 50 past producing mines; and the only cobalt refinery in North America capable of producing battery materials, located near the Cobalt Camp property.

This year’s 30,000-meter drill program at the Idaho site is designed to extend the strike length of the previously known mineralization in two zones (Waite and No Name) and potentially determine if a third zone is present where continuity of intersections has been encountered between holes along strike. Six drill holes completed at the western end of the cobalt-copper mineralized zones have validated previously reported intersections and extended the total strike length of the Waite Zone westward to 520 meters along a dip length of more than 250 meters from the surface.

First Cobalt reports that the extended portion of the Waite Zone is particularly copper-rich, and that high-grade intercepts are found within broader zones of lower grade cobalt-copper that could become suitable for bulk mining methods. The calculation of a mineral resource estimate compliant with NI 43-101 reporting standards is currently underway for the initial resource area drilled last year and early this year, and results are expected by October.

First Cobalt announced plans for the assay advancement of the Idaho property on June 11 as part of a $9 million program to develop a Measured and Indicated Resource estimate of the site, which First Cobalt obtained through its acquisition of US Cobalt.

“First Cobalt acquired US Cobalt because we believe that Iron Creek is one of the most prospective and advanced projects in North America,” First Cobalt President and CEO Trent Mell stated in a news release at the time (http://ibn.fm/a8m3L).

On July 19 (http://ibn.fm/4XzNJ), Mell added, “Drilling continues to extend the strike and dip extent of the Iron Creek Project beyond the boundaries of the maiden resource estimate expected in October. The consistency of cobalt grades across wider widths and the higher copper grades were expected and are encouraging. These results support further testing the western strike extension of Iron Creek for a second resource estimate in early 2019.”

International metals and minerals research agency Roskill anticipates that sufficient quantities of refined capacity cobalt will exist through 2021 but that “there is considerable uncertainty thereafter.” Roskill anticipates that demand from the high-tech battery sector alone will more than double the size of the entire current market, which includes nickel alloys, tool materials, catalysts and magnets, by 2027 (http://ibn.fm/MlFG8). Cobalt also enjoys national security status, thanks to its use in rocket and jet engines.

Roskill estimates that cobalt demand was 118,000 metric tons last year (http://ibn.fm/f9hWK). The research and consultancy group anticipates the demand for cobalt at 310,000 metric tons a decade from now, of which more than 240,000 metric tons will come from the lithium-ion batteries that power electric vehicles, laptops and mobile phones. Roskill also noted that prices for cobalt resources hit a 10-year high during the first half of this year, reaching over $90,000 per metric ton on the London Metal Exchange.

First Cobalt is a vertically integrated North American pure-play cobalt company with headquarters in Canada. The escalation in trade war politics between the United States and other countries currently has the potential to impact a variety of market sectors, including cobalt. However, First Cobalt’s activities have opened the potential for responding to adverse conditions beyond North America, particularly because of its extraction refinery — the only one permitted for cobalt in North America. Although it is not operational at present, the facility is capable of resuming the production of battery-grade materials as First Cobalt decides to do so.

For more information, visit the company’s website at http://ibn.fm/FTSSF

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Growing Asset Base, Applies for State Tax Credit Initiative

  • Oil extraction to begin at 1,000 barrels per day, with plans to escalate to over 8,000 barrels per day within three years
  • Acquisition brings company’s total contingent resources to 2,541 leased acres and 87.49 million barrels of mineable oil sands
  • Extraction technology could play vital role in U.S. oil sands and shale industry
  • Application for Tax Credit Initiative filed with Utah Governor’s Office of Energy Development

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is boosting its footprint within the Utah Oil Sands Region where the company’s Asphalt Ridge facility is located, CEO David Sealock stated in a recent news release (http://ibn.fm/B5Ihl). The company has signed a letter of intent to pursue additional acreage and resources within the state from Mareton Alliance LP, meeting a key initiative that Petroteq has been pursuing this year.

“I know that our valuation will be driven by our production and technology, as well as our assets in the ground,” Sealock stated in the update. “The discussions with Mareton Alliance have the potential to significantly increase the resource assets on our balance sheet.”

Petroteq has been developing its United States- and Canada-patented technology at the Asphalt Ridge site with the aim of finalizing a process that boosts North American oil production through the distillation of oil-rich sands. The emphasis on environmental impact has created a process that is cost effective, produces no greenhouse gases and leaves no waste once the “cleaned up” sands are returned to the ground and the proprietary solvent solution involved in the extraction is recycled. Petroteq announced in June that it was on track to initiate operations in the second quarter of 2018, and the full financial benefit of 1,000 bbl/d production is on track to be realized in the second half of 2018, a NetworkNewsWire article states (http://ibn.fm/tqW5O).

While the pricing and structure of the transaction with Mareton Alliance have yet to be finalized, Petroteq management is confident that an attractive transaction can be structured to meet all of the criteria set by the company’s management and board of directors. The letter of intent is non-binding, and the transaction contemplated is subject to board and exchange approval.

Petroteq has also filed an application with the Utah Governor’s Office for the Alternative Energy Development Initiative, part of Utah’s Energy Action Plan. The incentive represents a 75 percent tax reduction on new revenues, including corporate, sales and withholding taxes for 20 years or the life of the project, whichever is less (http://ibn.fm/DuiYz).

“We have known Utah to be extremely collaborative and committed to its ‘energy action plan’ and this is just more positive evidence in support of that,” Sealock stated in a news release. “We have spent millions on developing our project, and we will look for opportunities to strategically achieve targeted projects for our technology to spend many millions more in business development, rural job creation and workforce development in the energy mining sector as we expand our footprint in what we believe will become the fastest growing energy market in the U.S.”

Petroteq’s focus on the development and implementation of proprietary technologies for the energy industry was recently featured on the front page of the local newspaper, the Vernal Express. The article, titled “Petroteq Looks to Change the Game in Oil Extraction,” centered on Petroteq’s Asphalt Ridge heavy oil extraction facility located near the town of Vernal and its progress toward an August production date.

“We are grateful to be making a positive impact in Vernal and the surrounding communities by bringing jobs and utilizing small local businesses as vendors in the process of our plants commissioning,” Sealock added (http://ibn.fm/PslKE).

Chairman Alex Blyumkin stated, “The fact that some of our contractors are veterans of the United States Armed Forces goes to further expand on our company slogan ‘American Oil for America’ while providing opportunities to those willing to make the ultimate sacrifice in protecting the freedom and opportunities enjoyed by individuals and entities in the United States.”

Petroteq’s commitment to creating a positive, nature-friendly environment from which all will benefit is a core company value.

For more information, visit the company’s website at www.Petroteq.energy

Consorteum Holdings, Inc. (CSRH) Provides Comprehensive Mobile Solution for Clients

  • Capable of meeting the diverse needs of clients within a broad range of vertical markets
  • Optimization of customer service throughout every step of the process
  • Providing state-of-the-art optimal service to both clients and the clients’ customers

Consorteum Holdings, Inc. (OTC: CSRH), a software development and mobile publishing company, provides secure mobile content and connectivity to a variety of end users through a comprehensive customizable platform. The company’s Universal Mobile Interface™ (UMI) platform is able to integrate any stream of data onto a mobile platform while delivering and managing mobile connectivity. In addition, the UMI provides secure transactional processing and social connectivity to create a more personalized mobile experience. This flexible platform is designed to meet the diverse needs of the company’s client base within a broad range of vertical markets and has potential applications in e-commerce, banking, mobile gaming, data analytics, entertainment and much more.

Clients of Consorteum can customize the UMI platform to meet their specific needs and optimize customer experience. This gives brands the ability to provide customers with a seamless experience. The uniqueness of UMI is found in its comprehensive approach throughout a broad range of vertical markets in the fintech space. The seamless connection allows clients to anticipate customer needs at each point along the process. Customers are better served, and clients acquire necessary data to better tailor their products and online experiences.

Marketers today need to provide a seamless experience for the customer, regardless of the channel or device being used. The UMI platform allows for consistency and flexibility as customers move from one channel to the next.  Consorteum’s vision is to create long lasting, mutually beneficial relationships through which clients see the company not only as a technology provider but as a partner equally invested in their success. The seamless customer experience that Consorteum is equipping its clients to provide to their customers is the same state-of-the-art optimized service that the company provides, as well.

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

Cannabis Strategic Ventures, Inc. (NUGS) is “One to Watch”

  • U.S. cannabis market growing at an accelerated rate with industry analysts projecting a $50 billion marketplace by 2026
  • Investments into cannabis ventures expected to grow 1,308%, reaching $100 billion by 2029
  • Through subsidiaries like BudHire™, company is uniquely positioned to fully capitalize on burgeoning need for outsourced personnel solutions for the cannabis sector
  • Job postings within the cannabis industry increased by 445% in 2017, an explosive change from the 18% year-over-year cannabis jobs growth in 2016

Cannabis Strategic Ventures, Inc. (OTC: NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.

The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.

Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.

Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.

Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.

Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.

Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.

The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.

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

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Establishes Business Unit for $55 Billion Medical Marijuana Market

  • Medical indications for marijuana multiply
  • Medical marijuana (MMJ) market moves mainstream
  • New cannabis business unit to focus on MMJ market

Now that some 44 nations around the globe have passed laws allowing marijuana for medical use, the market is set for rapid expansion in the coming years. Industry analysts Grand View Research estimate that the global medical marijuana market will reach a value of $55.8 billion by 2025, as the range of therapies for cannabis multiplies (http://ibn.fm/hHyKV). Much of this expected demand will be driven by treatments for chronic pain, but applications are also likely to be developed for a number of other ailments, such as anxiety, epilepsy, multiple sclerosis (MS) and post-traumatic stress disorder (PTSD), that appear to benefit from cannabis prescription. As a result of these developments, PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) has launched a medicinal cannabis division that will also advance the company’s vision of becoming a global preventive health care company. The new business unit will offer medical cannabis in a variety of forms, including capsules, topical creams and transdermal patches, as well as through other delivery methods.

There is a growing body of evidence that certain disabilities and afflictions may benefit from cannabis medications. Conclusive studies have demonstrated that intractable seizures caused by Dravet and Lennox-Gastaut syndromes respond positively to CBD and that spasticity symptoms in MS and chemotherapy-induced nausea may be alleviated with oral cannabinoids. Moreover, the literature has identified a number of other indications for cannabis therapies. These include disruptions in short term sleep resulting from obstructive sleep apnea syndrome, fibromyalgia, chronic pain and multiple sclerosis, as well as symptoms of Tourette syndrome, social anxiety disorders, loss of appetite and weight associated with HIV/AIDS, and PTSD (http://ibn.fm/gsKvc).

The treatment of spasticity due to MS, with nabiximols, has been the great success story of medical cannabis. Formulated and marketed under the name of Sativex, it has been approved by regulatory authorities in 29 countries (http://ibn.fm/Y0HKF). Nabiximols consists of the two main cannabinoids – tetrahydrocannabinol (THC) and cannabidiol (CBD) – and is administered with an oromucosal spray that delivers a dose of 2.7 mg THC and 2.5 mg CBD.

PreveCeutical’s establishment of a cannabis division comes on the heels of initiatives that it has already undertaken. In March 2018, the company began shipping dried cannabis flower to UniQuest Pty. Ltd., its research and development partner in Australia, which will analyze the cannabinoid ‘fingerprints’. Cannabis contain more than 100 cannabinoids, as well as other compounds like flavonoids and terpenoids, suggesting that its putative activity is most likely derived from a combination of components acting together. ‘Fingerprinting’ by chromatography, which examines the composition ratio of the cannabinoids, is thus considered a superior method of analysis.

After analysis, the cannabidiol features will be used as the first therapeutic compound developed for the company’s Sol-gel nose-to-brain drug delivery system. Formulation of an effective compound will follow initial testing and is expected to require an additional 18 months. The company has also begun a search for a compatible delivery device that patients will use to apply Sol-gel. So far, at least one manufacturer has signed a letter of non-disclosure to enable detailed discussions about its own device development capabilities and compatibility with Sol-gel.

The Sol-gel technology, a brainchild of Dr. Harendra Parekh, was developed at the University of Queensland, which has agreed to license it to PreveCeutical. However, while the technology belongs to the University, its application to infusion of cannabinoids will be covered by IP owned by PreveCeutical. Parekh is Chief Research Officer of PreveCeutical. He also heads the Drug/Gene Delivery Group at the Pharmacy Australia Centre of Excellence (PACE) at the University of Queensland.

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

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Ownership in Rail Vision, Lands Sale of QuadSight™ Prototype

  • Foresight becomes largest shareholder in Rail Vision Ltd.
  • Chinese company purchases prototype of Foresight’s breakthrough quad-camera vision system
  • Foresight strengthens position as leader in providing vision solutions

A leading innovator in automotive vision systems and driver assistance technology, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) has become the largest shareholder of Rail Vision Ltd. To reach this status, Foresight exercised $2.24 million of warrants, raising its ownership stake to approximately 35 percent of issued and outstanding shares and 34 percent on a fully diluted basis.

Focused on revolutionizing the rail industry with obstacle detection solutions, advanced imaging and deep-learning technologies, Rail Vision, in December 2017, successfully completed a trial of its unique vision-based system. The trial, conducted in partnership with a leading European railway company, demonstrated the system’s real-time capabilities to detect and identify obstacles at distances of several hundred meters under harsh conditions with minimal light.

“Foresight is pleased to increase its investment in Rail Vision,” Haim Siboni, CEO of Foresight, stated in a news release. “We believe that, like in the automotive space, the next step is to provide trains with sensors and processing capabilities, to prevent accidents, reduce downtime, and increase productivity. Rail Vision is uniquely positioned to offer these functionalities and provide systems, which have the potential to significantly reduce maintenance costs. Rail Vision is a leader in cognitive vision systems that detect objects before a train and make real-time decisions. We strongly believe that Rail Vision’s capabilities will become the standard in this market.”

In addition, Foresight announced a prototype sale of its breakthrough QuadSight quad-camera vision system designed for use in the autonomous and semi-autonomous vehicle market. A leading Chinese manufacturer of electric and autonomous vehicles ordered the prototype in order to evaluate the system’s performance with its current electric vehicles. Depending on the test results, the overseas manufacturer could implement QuadSight into future electric autonomous vehicle designs, a move that could mean significant revenue generation for Foresight.

“According to a report by Frost & Sullivan earlier this year, more than 1.2 million electric vehicles were sold globally in 2017,” Doron Cohadier, Foresight’s vice president of Business Development, added in a news release. “Notably, China led the market with 49.5 percent of total sales. With China expected to be the largest market for electric vehicles for at least the next five to seven years, and as analysts at Boston Consulting Group predict that more than five million conventional cars per year could be replaced by fully or semi-autonomous electric vehicles, we feel that our QuadSight system is well suited for the evolving Chinese electric vehicle market.”

Foresight gathers customer feedback and a greater understanding of its customers’ needs and requirements with each prototype sale. This information allows Foresight to modify the QuadSight system within a short period of time to accommodate each individual company’s needs.

These two announcements – becoming Rail Vision’s largest shareholder and its newest QuadSight sale – highlight Foresight’s continued commitment to being a leader in providing unique automotive vision systems solutions, addressing customers’ needs and expanding its presence in the industry. Foresight will continue to work to secure that presence by identifying opportunities to work closely with others interested in the research, development and integration of QuadSight.

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

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Unearthing Lithium Deposit’s True Potential with 2018 Drill Program

  • Global lithium-ion battery market expected to reach $93.1 billion by 2025, growing at a CAGR of 17 percent
  • High market demand driven by increasing adoption of electric vehicles, portable consumer electronics and grid storage systems
  • Mobile Metal Ion geochemical survey initiated over select target areas within Irgon Lithium Mine Project to locate mineral deposits, provide data for subsequent drill programs
  • Land package located in a well-established, prolific mining region of Manitoba, Canada, ranked as one of the world’s most mining-friendly

Vancouver-based exploration company QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is at the forefront of a global drive to locate and extract one of the world’s most in-demand metals – lithium. As a key raw material for the manufacture of batteries that power electric vehicles and next-generation technologies, lithium is particularly sought after because of its high energy density and safety level. The global lithium-ion battery market is expected to reach $93.1 billion by 2025, growing at a CAGR of 17 percent, according to a new report by Grand View Research, Inc. (http://ibn.fm/weWd6).

The use of lithium in energy storage systems is expected to witness the fastest growth with a CAGR of 21 percent over the forecast period of 2017 to 2025, Grand View Research states in its report. Developments in wind and solar photovoltaic technology in countries such as Germany, China and the U.S. are leading the market, with the Asia-Pacific region acting as a dominant force that’s projected to show a substantial rise due to government policies promoting electric vehicles.

QMC recently expanded its mineral claim holdings within the Irgon Lithium Mine Project in Manitoba, Canada, where the company holds a land package covering over 11,000 acres. The company increased its holdings by staking nine new claims, totaling 4,784 acres. QMC is the 100 percent owner of the Irgon Lithium Mine Project, historically estimated to hold 1.2 million tons grading 1.51 percent lithium oxide (Li2O), a press release states (http://ibn.fm/cLtIc). The acquisition of these new claims solidifies QMC’s goal of securing and developing lithium-rich prospects in Manitoba. This area is a well-established, prolific mining region that’s ranked as one of the world’s most mining-friendly, with much of the necessary infrastructure already in place.

QMC has also initiated planning of a Mobile Metal Ion (“MMI”) geochemical survey over select target areas within the Irgon Project footprint. MMI geochemistry, a proven technique used to locate buried mineral deposits, will be undertaken by SGS Canada Inc. (“SGS”), the sole provider of MMI technology. Beginning with an initial orientation over known mineralization in the Irgon Pegmatite Dike, the MMI geochemical exploration technique will expand westward along strike to help define any potential buried extensions of the dike, a company press release states (http://ibn.fm/deGU7).

SGS’s team of engineers and geoscientists will review existing documents and geological modeling of the historical data to provide guidance to QMC on its 2018 field program and drilling campaign. Data acquired through the 2018 exploration program recommended by SGS will be used by SGS to compile a NI 43-101 technical report, which is expected to confirm and potentially increase the non-NI 43-101 historical reported resource.

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

ChineseInvestors.com, Inc. (CIIX) Eyes International Expansion with Bitcoin ATMs, Cryptocurrency Courses

  • Warren Wang, CEO of CIIX, noted in podcast interview that company plans to eventually expand its network of bitcoin ATMs to Vancouver and Toronto
  • Company intends to offer its Bitcoin Trading Academy courses online to Asia, including Malaysia, Indonesia, Taiwan and Hong Kong
  • Wang remains passionate about bitcoin, predicts that it will rise in value to as much as $1 million; he cites supply and demand as factor in projected increases

ChineseInvestors.com, Inc. (OTCQB: CIIX) CEO Warren Wang said in a recent SmallCapVoice interview that he expects to expand CIIX’s previously announced ATM network to eventually include the Canadian cities of Vancouver and Toronto. Focusing on international growth, he also announced that the company will offer its Bitcoin Trading Academy online courses in Asia to reach a larger audience (http://ibn.fm/T2GrS).

Wang said that he remains optimistic about the value of bitcoin, predicting that the cryptocurrency will increase to a price of $200,000 to $1 million in the future. To justify that, he juxtaposed the 1.4 billion-person population of China versus the capped supply of just 21 million bitcoin (http://ibn.fm/CMRrs). Imagine the demand, Wang said, if everyone living there wanted just one Bitcoin compared to this available supply. He also asserted that the Chinese-U.S. trade war may result in a shortage of U.S. dollars on the Chinese mainland, and bitcoin could then rise if the Chinese population sees it as an alternative asset to be acquired.

CIIX offers a comprehensive suite of educational services focusing on cryptocurrencies. It includes its own NewCoins168.com website, a daily live broadcast from the NYSE, a licensed podcast translated into Chinese and a cable TV show. It also mines with its own ASIC machines and AntMiners for bitcoin and other cryptocurrencies at a data center near Seattle (http://ibn.fm/xJHzK). CIIX expects to issue its own ICO in the second half of 2018 or in 2019, issue currency and create a virtual investment ‘ecosystem’ for Chinese investors (http://ibn.fm/rLCbp). CIIX’s primary revenue streams have been from subscriptions and investor relations.

“We are looking to expand into Vancouver and the Toronto area down the road,” he said of the bitcoin ATMs, focusing on Chinese-concentrated communities. Both cities have large Chinese populations. In Vancouver, Chinese make up the second-largest ethnic group at 27.7 percent of the population, according to the 2011 Census (http://ibn.fm/5A8x2). In Toronto, Chinese represent the second-largest ancestry group at 12 percent, according to the same census (http://ibn.fm/soe18).

In terms of education, Wang discussed CIIX’s Bitcoin Trading Academy division and revealed that courses would be offered online internationally in the near future. “We are going to offer courses in Asia to Malaysia, Indonesia, Taiwan and Hong Kong,” he said.

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

Exploratory Drilling Program Highlights Advancement of Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Prospects

  • Lithium Chile hits 180-meter brine-saturated zone on its first drill hole in Chile – home to the world’s highest-grade lithium brines
  • Company is awaiting assays and is now onto its next drill hole at the Ollague project
  • Prior sampling of lithium brines at project site range from 160 to 1,220 mg/l lithium
  • Lithium demand from battery makers for electric vehicles, laptops and other digital devices expected to grow 650 percent during coming decade

Early results from an exploratory drilling program under way in Chile – part of the famed lithium triangle – is evidence of growing excitement in Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) and the potential of its Ollague property to help answer the world’s need for highly efficient batteries to power increasingly demanding technology.

The four-hole drilling program began in late June on a site that returned sampling of lithium brine assays between 160 and 1,220 milligrams per liter, according to a news release about the program (http://ibn.fm/HKR0m). In other words, the company knows that there are brines containing high-grade lithium on the property.

The first hole has now been completed and, per the news release, field testing during drilling showed a 180-meter-deep brine-saturated zone of salt and sand.  The company has sent the brine samples to one of Chile’s top accredited laboratories to get official assays, which are required to determine the quantity and quality of lithium that may be contained in that brine.

It’s worth noting that just one kilometer from that hole is a recently re-entered historic well. It’s located just outside the property border and was flushed, allowed to recharge and then sampled. The new brine samples contained 1,220 mg/l lithium. The news release states that these results suggest a significant concentration of the mineral in the area. As a comparison, Albemarle’s massive lithium brine mine in the United States has a concentration of lithium between 190 and 200 mg/l.

The Ollague salar covers 3,500 hectares (8,648.7 acres), a fraction of Lithium Chile’s 152,900-hectare (377,824.1-acre) portfolio comprising sections of 14 salars and one laguna complex in Chile. The drilling is prioritizing conductive targets identified in a transient electromagnetic survey (TEM) earlier this year (http://ibn.fm/US38Y). The Ollague survey indicated that the conductive units are open-ended horizontal zones ranging from 20 to 200 meters in thickness encountered within 20 to 120 meters of the surface.

“After amassing one of the largest lithium land packages in Chile, we have now begun drilling on one of our more advanced projects which have had sampling and geophysics completed on them,” Lithium Chile President and CEO Steve Cochrane stated in a news release. “The new government has been clear in its support for the lithium sector and we are similarly encouraged by the strong community support we have received. This is an exciting new growth phase for the Company and our goal is to maximize our early-mover exploration advantage in Chile.”

The project is also close to the town of Ollague and existing infrastructure for production and transportation. The company will be reviewing data from the drills for lithology and depth-specific geochemicals. Once the initial four-hole drilling at Ollague is finished, Lithium Chile plans to undertake similar drilling programs at its four other advanced-stage projects in the region, working in quick succession so that drilling could potentially be concluded by late in the Q3 period.

Lithium has become a target of several junior miners amid global concerns about a supply/demand imbalance that has driven significant stock swings for the commodity. Demand from the companies that make batteries for electric cars, laptops and other tech devices is expected to increase 650 percent by 2027, with overall lithium demand predicted to triple during that period, according to the latest report by international metals and minerals research agency Roskill (http://ibn.fm/ZT7lh).

Lithium is the lightest metal in the periodic table and has the most electrochemical potential, which allows it to register very high energy and power densities. It has the highest specific heat capacity of any solid, coupled with a low density that makes it a preferred component of small, lightweight batteries.

Last year, the automotive industry became the biggest influencer on the lithium industry amid the increasing use of lithium-ion batteries for both hybrid and fully electric vehicle applications. Lithium demand from automotive applications reached over 34,000 lithium carbonate equivalents (LCEs) per ton during the year, and it is expected to more than double by the end of the decade, according to Roskill (http://ibn.fm/NADuj). The agency reported that rechargeable batteries accounted for over 43 percent of total lithium demand during 2017.

For more information, visit the company’s website at http://ibn.fm/LTMCF

GTX Corp (GTXOD) Expanding Sales into Retail Channels

  • Providing solutions to track loved ones prone to wandering and offer caregivers peace of mind
  • Wide range of wearable GPS tracking devices that are discreet for children and adults
  • Company recently announced the hiring of Doost, Inc. to open retail channels

Loved ones who suffer from memory problems, young children and pets can have a tendency to wander. Fear, confusion and anxiety can overwhelm the lost individual. The caregiver’s stress and concern over the potential of losing a loved one known to wander can become all consuming. GTX Corp (OTC: GTXOD) is creating solutions to track people, animals and even valuables, providing the caregiver with peace of mind that his or her loved one is safe. The wearable GPS technology was created for young children, those with autism or developmental disability, seniors suffering from Alzheimer’s or dementia, veterans and athletes with Traumatic Brain Injury (TBI), at-risk individuals and anyone who could potentially wander or become lost.

GTX Corp develops and produces a wide range of wearable GPS tracking devices. GPS SmartSole® (www.GPSSmartSole.com) is a GPS solution that hides inside a shoe, much like a shoe insert. This discreet insole is now available in size small for children, as well as adult sizes. Invisabelt® (www.GPSInvisabelt.com) is another discreet solution provided by GTX Corp. This tiny device is enclosed in a slim case and waistband and designed for children. GTX Corp’s devices use satellite and cellular technology to report location and require service plans, similar to a phone. All GPS solutions point to a mapping system, allowing for granular detail or broad visibility to meet specific needs. The company’s loT Personal Location Services (PLS) platform provides solutions ranging from smart, wearable GPS technology to two-way GPS tracking devices and a mobile phone tracking app.

GTX Corp recently announced the hiring of Doost, Inc., a boutique sales and business development agency that specializes in bridging the gap between big box retailers and technology companies. Doost will be able to provide GTX Corp with strategic opportunities to bring products to market.

Companies like Best Buy (NYSE: BBY) are taking notice of the $50 billion senior care market and are investing in products and services that enable adults to remotely monitor aging parents. “As the loT and wearable tech space continues to gain momentum and traction, we are very pleased Doost will help us open, navigate and ultimately place products within the large retail and corporate industries,” GTX Corp CEO Patrick Bertagna stated in a news release (http://ibn.fm/ShCzh). “At GTX Corp we continue to expand our line of tracking and monitoring solutions and Doost is the first of several new alliances we will be forming in order to expand sales both in the U.S. and across Europe.”

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

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