DealNet (DLS:tsxv) Acquires Gemma Communications for $7-million
DealNet Builds out Engagement and Finance Platforms with Acquisition
DealNet Capital Corp. (“DealNet” or the “Company”) (TSX VENTURE:DLS), is pleased to announce that it has acquired Gemma Communications (“Gemma”) for consideration of up to $7 million. The purchase is structured with an initial cash payment of $2.5 million, deferred payments of up to $1.5 million and a maximum earn out of up to $3 million based on forecasted revenue targets.
Gemma is a leader in Canadian outsourced engagement and marketing solutions for the financial services and telecom sectors with operations in Toronto and Montreal. This acquisition extends DealNet’s platform by driving significant service economies of scale that progressively lowers the per transaction cost of originating and servicing its consumer finance business while expanding the operational footprint of DealNet.
As part of the share purchase, DealNet will acquire the employees, operations, systems, offices and other assets of Gemma. This acquisition is expected to double DealNet’s engagement revenue in 2016 and positions the company for future transactions in the Fintech space with significant shared servicing capabilities.
“The combined operating platform adds significant economies of scale for origination and servicing of our finance customers and dealers at a progressively lower cost and fortifies the physical and geographical market buildout for large scale national originations”, stated Mike Hilmer, CEO of DealNet.
About DealNet Capital Corp.
DealNet is an engagement enabled consumer finance company that is initially focused on home improvement finance solutions including heating ventilation and air conditioning financing and leasing. DealNet leverages its large scale customer service and engagement technology platform to attract home improvement dealers by providing front and back office services to them resulting in dealer origination growth.
Sirona featured in Cosmetics Design USA
Yesterday CosmeticsDesign.com featured Sirona Biochem (SBM:tsxv) in an article highlighting the biotechnological advancements they’ve made in the development of a Skin Lightener which has already begun generating big interest from some of the world’s top cosmetic companies. The Skin Lightener market is forecasted to be worth 19.8 billion by 2018. If you would like to view information on Sirona’s Skin Lightener development, here’s a link: Sirona’s Skin Lightener Program
The following is the link towards the article published by CosmeticsDesign.com
Sirona Biochem claims to have made a big leap in the development of skin whitening ingredients
Canada-based biotech company Sirona Biochem believes it has made a big leap in the area of skin whitening ingredients, with its compound developed using fluorination technology.
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France. The Company specializes in the stabilization of carbohydrate molecules, with the goal of improving compounds’ efficacy and safety. Sirona Biochem’s compounds are patented as new chemical entities for maximum commercial protection and revenue potential. Newly developed compounds are licensed to leading companies around the world in return for licensing and milestone fees and ongoing royalty payments. TFChem, Sirona Biochem’s wholly-owned French laboratory, is a recipient of multiple French national scientific awards and a European Union and French government grant. For more information visit www.sironabiochem.com.
- Published in Blog, Business, Life Sciences
Sirona to Attend Cosmetic360 Conference in Paris
Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB) (XETRA: ZSB) (the “Company“) announces that it will attend Cosmetic360 in Paris, France, October 15-16, 2015. Cosmetic360 is an innovative trade forum for the cosmetic industry. The conference brings together professionals and industry representatives from all over the world. All facets of the cosmetic industry are represented at the conference including, raw materials, formulation, packaging, testing and analysis, finished products, and distribution. More information on the conference can be found at http://www.cosmetic-360.com/en.
Cosmetic360 provides Sirona Biochem an opportunity to introduce its skin lightening compound SBM-TFC-1067 and cell preservation compound SBM-TFC-837 to industry professionals, international cosmetic company representatives, and other interested parties. The Company will participate in open innovation meetings organized with top cosmetic companies, including L’Oréal, J&J, LVMH, Channel, Boots, and Shiseido. The Company will also be connecting with other companies and representatives in the cosmetic industry at its booth at the conference.
At the conference, Sirona Biochem is entering its cell preservation compound SBM-TFC-837 in the international competition for innovations, “The Cosmetic Victories”. This is a unique competition of projects in the planning or development stage. The jury adjudicating the competition, composed of representatives from top names in the cosmetic industry, will select the most innovative projects and may also become involved in their development.
Dr. Howard Verrico, the Company’s CEO stated, “We are excited to be participating in Cosmetic360. The conference will provide valuable exposure for Sirona and our therapeutic compounds. While we have already been in discussions with several multi-national companies, we hope to promote Sirona to a wider audience at the conference and reach out to new potential partners and contacts.”
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France. The Company specializes in the stabilization of carbohydrate molecules, with the goal of improving compounds’ efficacy and safety.
Sirona Biochem’s compounds are patented as new chemical entities for maximum commercial protection and revenue potential. Newly developed compounds are licensed to leading companies around the world in return for licensing and milestone fees and ongoing royalty payments. TFChem, Sirona Biochem’s wholly-owned French laboratory, is a recipient of multiple French national scientific awards and a European Union and French government grant. For more information visit www.sironabiochem.com.
- Published in Blog, Business, Life Sciences
Equitas (EQT:tsxv) Begins Drilling at Garland
Equitas Resources Corp. Provides an Update on its Garland Exploration Program
Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to provide an update for its Phase 2 program on the Garland nickel-copper property in Labrador, Canada. Due to initial results from current ground geophysical work Equitas has acquired additional claims to the west adjoining the Garland property. Twelve anomalies have now been identified and the Company has commenced drilling.
The 2015 Phase 2 field program at the Garland project kicked off on August 23rd, with field crews arriving at the recently completed 25-person field camp near the west end of Tasiuluk lake, at the northern end of the property. Despite being hampered by poor weather conditions limiting helicopter operations, significant progress has been made in the evaluation of conductivity anomalies detected by the VTEM survey flown in March.
Further interpretation from final processing of the B-field Tau component of the VTEM data has resulted in three new conductive signatures being identified at O, P and Q (see attached map). Tau anomalies can reflect more conductive bodies with slowly decaying signal, typical of large massive sulphide bodies.
Geological mapping and prospecting have been completed over all of the conductivity target areas except anomaly M. No possible sources for the underlying conductivity have been identified in the outcrops examined to date. This is not unexpected, considering the interpreted depths of the VTEM anomalies, significant overburden cover, and the exploration model that considers favourable target rocks to be overlain by younger ferrodiorite and ferrogranite intrusions.
A total of 39 km of line-cutting has been completed over the anomalies. Large Loop PEM surveying by Crone Geophysics has been completed at anomalies A, B, C and Q. At anomalies A and B, the response signatures have been explained by highly magnetic lithologies coupled with low VTEM bird height, creating an apparent conductivity anomaly termed Super Para-Magnetic effect (SPM). These targets are of no further interest.
At anomaly C, surveying with Crone PEM resulted in the definition of a good quality E-W trending conductor, flat-lying with minimum core dimensions of 15m by 300m, occurring 70m below surface. Definition of this response helps to validate the interpreted Southern Response Trend (SRT, see attached map), an multi-km E-W trending area of conductivity, magnetic and structural features straddling a large E-W offset of the Archean-Proterozoic suture, analogous in scale, morphology and setting to the Voisey’s Bay Intrusive Complex and related mineralization. This sparked the recent staking of license 023365M, consisting of a 132 claim block comprising 3,311 hectares, designed to cover the western extension of the SRT. Interpretation of the PEM data over the large conductive signature at Q is ongoing.
Springdale Forest Products have commenced drilling with borehole GP15-001 (collar at 582975E, 622376N, NAD 27 – UTM Zone 20N, Az. 290, Dip -55). This NQ borehole is designed to test VTEM anomaly D, part of 2 km trend of variable conductivity, coincident with a Ni-Cu-Co lake sediment anomaly, and resident in an E-W structure of the Gardar-Voisey’s Bay Fault set. An update on drilling will be made available once all results have been compiled and interpreted.
Commenting on the results, VP Exploration Everett Makela stated, “I am pleased with the progress of the Phase 2 campaign to date. After initial slow start-up due to poor weather conditions, we are executing our plan to fully test the conductivity responses this year. The three additional anomalies at O, P and Q increase our odds for success, and we are adjusting the program to accommodate exploration of these targets. Recent interpretation of the multi-km Southern Response Trend has led to a shift of exploration focus to this area. We will continue to provide updates on results as they become available”.
NI 43-101 Disclosure
Everett Makela, P. Geo., VP Exploration for Equitas Resources Corp., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
About Equitas Resources Corp.
Equitas Resources is a Canadian-based mineral exploration company with a focus on nickel, copper, platinum group metals (PGM) and cobalt. The Companies Garland Property is 23,386 hectares and located in the Voisey’s Bay district of Labrador, Canada.
Barrick’s Argentinian Gold Mine will Stay Closed Longer
Dundee Sustainable Technologies proprietary gold extraction method eliminates environmental problems related to gold processing.
Earlier this month Barrick acknowleged that due to faulty valves, cyanide used in the extraction of Gold managed to leak into local water supplies.
Mining.com just reported – “An Argentine judge ruled Wednesday that gold leaching processes at Barrick Gold Corp’s (TSX, NYSE:ABX) Veladero mine should remain suspended for another 30 days until authorities can determine whether there was environmental damage from a cyanide leak triggered by a faulty valve.” view full article
It is for reasons such as the aforementioned that Dundee Sustainable Technologies’ gold extraction process is revolutionary for the gold mining community and the environment.
About Dundee Sustainable Technologies (DST:CSE), a company controlled by Dundee Corporation
DST is engaged in the development of technologies for the treatment of refractory ores containing sulfides and arsenic. DST has developed proprietary hydrometallurgical processes, and owns the related patents, for the extraction of precious and base metals from ores, concentrates and tailings, which cannot be extracted with conventional processes because of metallurgical issues or environmental considerations.
DST’s patented approach provides a cyanide-free process to allow the exploitation of gold and other deposits that would otherwise face metallurgical issues with conventional methods. The primary benefits of the innovative technology are shorter processing times, a closed-loop operation eliminating the need for costly tailings pond, reduced environmental footprint related to inert and stable characteristics of the tailings, and lesser emissions due to lower energy consumption.
The process developed by DST is a recognized “green technology” for which it was awarded a $5.7 million grant towards the construction and operation of a $25 million demonstration plant. With a capacity of 15 tonnes per day of concentrate, the demonstration plant will serve as a proof of concept for the chlorination extraction technology on an industrial scale and under continuous operating conditions.
DST has tested several different gold deposits, both oxide and sulfide ores at the lab level and at its pilot plant. These tests have, consistently achieved gold recoveries in excess of 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}, using chlorination instead of cyanide.
For more about Dundee Sustainable Technologies visit their website: http://www.dundeetechnologies.com/
Dundee Sustainable Technologies Enters Into an Agreement with ENAMI
Dundee Sustainable Technologies Inc. (“DST”) (CSE:DST) is pleased to announce that it has entered into an agreement with Empresa Nacional de Mineria, Chile (“ENAMI”) for the processing of gold concentrates (the “Concentrate”) produced by ENAMI’s operations, using DST’s proprietary Technology (the “Agreement”).
DST purchased from ENAMI 2 Tonnes of Concentrate to be used for a piloting campaign (“Piloting”), according to given metallurgical discounts and treatment charges and will retain all of the metal value extracted during the Piloting. The concentrate was received by DST in its Thetford Mines facility on September 15th.
This Agreement is part of a phased approach established between DST and ENAMI with the objective of implementing a processing facility, utilizing DST’s patented technology, in Chile.
The Piloting will further support the applicability of the DST process. Following the Piloting, DST and ENAMI will advance towards developing the technical and economic feasibility criterias for the implementation on a commercial scale of the DST process in Chile.
About ENAMI, a Chilean state-owned company
ENAMI’s mission is to promote the small and medium size private mining sector in Chile, by supplying technical, financial, metallurgical, production and trading services to small and medium size miners. ENAMI’s assets include one smelter, five processing plants and a network of technical support and facilities. ENAMI purchases ore and concentrate from producers in various purchasing agencies located throughout Chile.
About Dundee Sustainable Technologies, a company controlled by Dundee Corporation
DST is engaged in the development of technologies for the treatment of refractory ores containing sulfides and arsenic. DST has developed proprietary hydrometallurgical processes, and owns the related patents, for the extraction of precious and base metals from ores, concentrates and tailings, which cannot be extracted with conventional processes because of metallurgical issues or environmental considerations.
DST’s patented approach provides a cyanide-free process to allow the exploitation of gold and other deposits that would otherwise face metallurgical issues with conventional methods. The primary benefits of the innovative technology are shorter processing times, a closed-loop operation eliminating the need for costly tailings pond, reduced environmental footprint related to inert and stable characteristics of the tailings, and lesser emissions due to lower energy consumption.
The process developed by DST is a recognized “green technology” for which it was awarded a $5.7 million grant towards the construction and operation of a $25 million demonstration plant. With a capacity of 15 tonnes per day of concentrate, the demonstration plant will serve as a proof of concept for the chlorination extraction technology on an industrial scale and under continuous operating conditions.
DST has tested several different gold deposits, both oxide and sulfide ores at the lab level and at its pilot plant. These tests have, consistently achieved gold recoveries in excess of 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}, using chlorination instead of cyanide.
Sirona Biochem (SBM:tsxv) Investor Event
Sirona met with Investors and Brokers at Canaccord in Vancouver on September 15th, 2015.
This is the most recent corporate presentation that was put together for this recent Investor Event. You will find current collaborations, what they have in the pipeline, and the revenue growth potential.
Sirona’s presentation also reveals why management is so excited about its next major transaction.
Sirona Biochem Corp. is a biotechnology company with an innovative platform of fluorination chemistry technology. This platform is used to develop safer, more effective cosmetic and pharmaceutical active ingredients, which are licensed to partners in exchange for upfront, milestone and royalty payments. Sirona’s pipeline has produced licensing deals with Valeant Pharmaceuticals and Fosun Pharma.
- Published in Blog, Life Sciences
International Wastewater Systems’ £4million Project at Scotland’s Borders College has Begun
SHARC gets teeth into college
Work is currently underway at Borders College’s campus at Netherdale in Galashiels on a project that will see its buildings heated using sewage.
SHARC Energy Systems is the UK-based subsidiary partner of International Waste Water Heat Exchange Inc. (IWHES) based in Canada.
SHARC has secured a £4million investment from Equitix and the UK Green Investment Bank plc (GIB) to finance the installation of the SHARC sewage heat recovery system under heat purchase agreements.
The Equitix-managed fund Energy Saving Investments (ESI), in which GIB is a cornerstone investor, is investing £2m in the programme and an additional £2m of private sector capital has been mobilised from the Equitix Energy Efficiency Fund (EEEF).
This is now being used to support the first project at Borders College and a pipeline of others being developed across Scotland. The first scheme will see waste water from Scottish Water’s network used for the heat recovery system.
Commenting recently on the deal, SHARC chief executive Russ Burton said the flagship installation at Borders College involved a 20-year contract between the college and the company, making it the first organisation to adopt the world-leading technology in the UK.
“It also represents a major step forward in its heat production and energy efficiency targets for the entire campus,” he added.
Borders College, with 5,500 students, has entered into a Heat Purchase Agreement with SHARC, which means the college will purchase their heat from SHARC at a discount to gas prices that will be sustained for an extended period.
The system that has been designed for the college will deliver 95{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all its heat requirements.
SHARC has worked with Scottish Water to enable sewage to be intercepted from its network in the Galashiels area. The scheme has been developed in such a way as to not impact on the normal operation of the sewerage network and enable the downstream waste water treatment process to continue working effectively.
Additional automatic monitoring has been built into the system by Scottish Water which, using its water resources, helps support the development of renewable energy, economic growth and sustainable technologies.
The SHARC sewage heat recovery system is already installed in numerous locations across Canada and North America. Unique in the UK and Europe, the system generates energy-saving, cost-effective and environmentally-friendly solutions for heating, cooling and hot water by extracting heat from waste water and sewage.
SHARC installs the equipment and then sells the energy back to the customer through heat purchase agreements.
Lord Smith of Kelvin, chairman of UK Green Investment Bank, said: “We are backing the deployment of innovative new technology across the UK to produce renewable energy, cut energy use, cut costs and improve the UK’s green performance.
“It is enabling SHARC Energy systems to equip Borders College with pioneering technology in an arrangement I hope can be replicated elsewhere in the country.”
Invictus MD’s (IMH:CSE) Unit to Release New Garden Products
FUTURE HARVEST DEVELOPMENT RELEASES NEW PRODUCTS
Invictus MD Strategies Corp. is providing an update on Future Harvest Development Ltd., of which Invictus MD owns 60 per cent, and its newly expanded lineup of products for the fall season.
Wicking Gardens
This year Future Harvest has released a new line-up of wicking gardens to the market, including the Chili Grow, Herb Grow, and Duo Grow Gardens. These gardens contain smart reservoirs that contain between 7-12 liters of water and the feeder mats in each pot pull water up directly to the roots only when water is needed. This method ensures that roots are never water logged or overly dry, resulting in a continual flow of oxygen.
These wicking gardens will increase the size of your harvest on average by 2 times compared to those produced with regular pots or growbags. The increased harvest is a direct result of having optimal root conditions throughout its life.
Micro Grow Light Garden
Fresh off the success of the critically acclaimed Grow Light Garden, Future Harvest has developed and launched a garden that is half the size of the original, the ‘Micro Grow Light Garden’. This new ultra compact size and shape is ideal for table or kitchen counter-top use. The sturdy base and tray acts as a reservoir for water. In this tray sits a stand covered by a sheet of absorbent cloth that draws water up and into the bottoms of the planted seed trays by capillary action.
Included in the Micro Grow Light Garden are Sunblaster 6400K T5HO fluorescent tube lighting and a curved reflector hood that floods the growing area in full spectrum light, while using 20{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} less electricity than traditional lighting systems. The height of the hood is fully adjustable, and is secured with new adjusting collars.
The Micro Grow Light Garden is available in original black or white, and is perfect for the home, office or restaurant. Travis Brown, Sales Manager of Future Harvest commented, “Urban farming and gardening is becoming increasingly popular and these wicking gardens are perfect for this quickly growing market. Future Harvest has received excellent customer feedback and reviews on the gardens thus far, and we look forward to continual growth as the industry strengthens and demand continues to rise.”
Calnesium Nutrient Boost
Calnesium is the newest addition to Future Harvest’s Plantlife Products complete hydroponic fertilizer line. Calnesium is a powerful blend of Nitrogen, Calcium and Magnesium that is specifically designed to provide an additional nutrient boost from our 3 part hydroponic fertilizer for crops that demand it, and is an excellent additive to prevent blossom end rot on tomatoes. Canlesium can also be used as foliar spray for high value crops.
For more information on any of our products please visit www.futureharvest.com.
The Company also announces that it has settled outstanding debt of $14,300 as owed to one creditor, through the issuance of 114,400 common shares at a deemed price of $0.125 per share. The shares are subject to a hold period and may not be traded until January 16, 2016.
Sirona Biochem finishes scale-up of SBM-TFC-1067
Sirona Biochem (SBM.V) Reaches Major Milestone by Successful Scale-Up of Skin Lightening Compound SBM-TFC-1067
Formulation Testing by Potential Licensee Gets Underway Shortly
Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB) (XETRA: ZSB.DE), (the “Company“) is pleased to announce the successful scale-up of its skin lightening compound SBM-TFC-1067 (“1067“).
Sirona Biochem commissioned its contract research organization (CRO) Roowin (www.roowin.com) for the scale-up of 1 kg of 1067 compound. The successful scale-up represents a major scientific breakthrough by Sirona’s laboratory in Rouen, France. A quantity of 200 grams of 1067 was delivered last week for formulation and solubility testing by a major multinational corporation under a previously signed material transfer agreement.
One of the major differentiators between 1067 and Sirona’s earlier generation skin lightening compounds is that the chemical process of applying Sirona’s proprietary fluorination technology now requires only three steps to yield a final product. This results in a highly favourable cost of goods (COGs) and more importantly, a product with very profitable commercial viability. A preliminary estimation of COGs for the active ingredient yielded $0.10 CAD per 100 ml final formulation at a final concentration of 0.1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}.
Dr. Howard Verrico, CEO of Sirona Biochem, states, “Formulation testing on this quantity of compound represents a major milestone in the development of 1067, which will ultimately result in a successful licensing deal with one of the top cosmetic companies in the world.” He further stated, “This is the first time in Sirona’s history that we have advanced a cosmetic compound to formulation testing.”
Attila Hajdu, Chief Business Development Officer at Sirona Biochem, said, “Potential partners have replicated in vitro tests that we have done in the past to double-check our efficacy and safety data, and whatever else meets their needs to justify further collaboration. The request for formulation testing was a pleasant surprise for us because we originally anticipated that formulation work would occur after a licensing deal. This is a very exciting development.”
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France. The Company specializes in the stabilization of carbohydrate molecules, with the goal of improving compounds’ efficacy and safety. Sirona Biochem’s compounds are patented as new chemical entities for maximum commercial protection and revenue potential. Newly developed compounds are licensed to leading companies around the world in return for licensing and milestone fees and ongoing royalty payments. TFChem, Sirona Biochem’s wholly-owned French laboratory, is a recipient of multiple French national scientific awards and a European Union and French government grant. For more information visit www.sironabiochem.com.
- Published in Blog, Business, Life Sciences