Kenorland Minerals Announces Option of the Rupert Lithium Project to Li-FT Power Ltd.
VANCOUVER, BC, July 28, 2021 /CNW/ - Kenorland Minerals Ltd. (TSXV: KLD)(FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce it has entered into an option agreement (the "Option Agreement") with Li-FT Power Ltd. ("Li-FT"), a private British Columbia company pursuant to whi
Lucara Second Quarter 2021 Results to be Released Tuesday, August 10, 2021
VANCOUVER, BC, July 28, 2021 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") announces that it will be publishing its 2021 Second Quarter Results on Tuesday, August 10, 2021 after market close in North America. Please view PDF version. The Com
Study reveals the pandemic has made many Canadians more environmentally conscious
Eighty-four per cent agree better solutions to mitigate climate change need to be put in place immediately LONDON, ON, July 28, 2021 /CNW/ - New research from the annual 3M State of Science Index (SOSI) reports 63 per cent of Canadians feel the COVID-19 pandemic has made them more environmental
Spark Closes $5M USD Series A To Accelerate US Expansion
Leading Vancouver-based real estate software platform announces significant investment round VANCOUVER, BC, July 28, 2021 /CNW/ - Spark RE Technologies has closed $5M USD in Series A investment round led by BDC Capital and Pender Ventures. Spark was founded with the purpose of streamlining the entire sales, marketing, and management process for real estate developers. Today, Spark is the fastest growing and only comprehensive sales transaction platform in the new development space. "This is a huge step for both Spark, and the industry. From day one, we have always strived to provide tangible value to our clients. As a direct result, we've seen developers sell out projects 3x faster, simply by implementing our platform. Another advantage is the ability to execute hundreds of contracts completely digitally in a single day," said CEO and Co-founder Simeon Garratt. "Our intention is to own the entirety of new development transactions, both in North America, and globally." Originally created as an industry-specific CRM, Spark is transforming the way new multi-family real estate is sold by offering a comprehensive suite of products that eliminates the need for multiple platforms. Top Real Estate Developers and Project Marketing Firms across North America use Spark to sell their projects more intelligently resulting in the company's accelerated growth over the past two years — doubling in both annual revenue and headcount. "Real estate is one of the largest sectors worldwide, yet there is still substantial friction and administrative burden in managing the sale of new properties," states Mark Trevitt, Partner at BDC Capital who is joining the company's Board of Directors. "We were attracted to the team for their deep understanding of their customers' pain points. Spark provides the ideal combination of user-friendly software and data management that property developers need to keep their projects running smoothly and create a seamless experience for buyers." "Through a relentless focus on delivering best in class solutions tailored for the new development industry, Spark has quickly risen to a global leader in the space," said Kenndal McArdle, Principal at Pender Ventures. "We're excited at the opportunity to support the Spark team and help bring to market further innovation that empowers the entire ecosystem." With over 60,000 new projects per year in North America alone, there has yet to be a dominant player in the market. Spark's consistent development of industry leading features and increasingly prominent clients, positions them perfectly to become the principal player in this fast expanding market. Scott Kaplanis, Managing Partner at GroundBreak Ventures notes, "COVID has forced builders and developers to reimagine antiquated internal workflows and a clunky client experience. Spark's comprehensive platform vastly improves both with one seamless implementation that ties all elements of project management to the end client." "The industry opportunity for Spark is massive and our product-market fit uniquely positions us to capitalize on the continued digitization of the real estate industry. We are now working in over 80 cities globally and have powered the sale of more than $100 billion in inventory," explains Garratt. "It's an incredibly exciting position to be in, and we're just getting started." SOURCE Spark
5 Common Types of Financial Swaps
A swap is an act of exchanging one thing for another. In finance, swaps are derivatives wherein two counterparties exchange financial instruments. The swaps can involve an exchange of a series of cash flows of one party’s financial instrument for those of the other party’s financial instrument over a specific period of time. Swaps are mutual agreements that are easy to design and customize over the counter. They offer great flexibility that leads to many swap variations with each serving a given purpose.
6 Key Factors to Consider Before Making a Private Equity Investment
Private equity refers to investments funds structured as limited partnerships that are not listed on a public exchange and its investors include large institutional investors, wealthy individuals, and university endowments.
Top 4 Best Commodities to Invest
Commodity trading involves trading in commodity derivatives and spots. Commodity trading is very volatile and so investors should take relevant precautions before they enter into it. Commodity trading can help an investor to diversify their portfolio. It is an ideal investment that can significantly hedge you against the risk of inflation. Commodities traded mostly include agricultural products, minerals, and fossils.
5 Key Benefits of a Robo-Adviser
Robo-adviser is an automated online wealth management service or a class of digital online financial institutions that offer financial advice or investment management tips online with minimal human intervention. The algorithms are executed by software to allocate, manage and optimize clients’ assets. Being online, however, does not make it less effective and ideal financial institution as it has almost all the aspects of the physical human involvement. The software allocates your investments in many investment products such as the stocks, bonds, real estate, commodities, and futures but directed towards an ETF portfolio. The main aim of the Robo-adviser is to provide portfolio management services or rather allocation of investments among asset classes. The investments are based on your risk tolerance and target return. These firms offer lower-cost investment management and financial advice which can include tax-optimization, retirement planning, insurance and more. They advise clients online and at a distance, without the need for a physical location and inconvenient face-to-face meetings. Investing with a Robo-adviser doesn’t mean sacrificing quality, service or trust, it means getting more convenience and faster services and, most significantly, lower costs. Robo-adviser is a technology that is bringing a digital revolution to the financial planning and investing sector. Here are 5 key benefits of using a Robo-adviser: 1. Lower Fees Online advisers cost is relatively lower compared to the traditional financial advisers. If you invest through a bank, you probably pay for advice through a commission embedded in the management fees or on your investments. Online firms, on the other hand, charge lower fees because they’re much more investments oriented only and the technology used is automatic and self-guided and thus frees up advisers to fully focus on the client service. This also reduces overhead costs for things such as office space and other office-related expenses. The Online adviser offers a greater fee transparency with no hidden costs. 2. More Convenient With Robo-advisers, clients receive the advisory services from anywhere across the globe. This saves them time, and other resources and is thus more convenient compared to the traditional financial advisory services. 3. Low Minimums Robo-advisers’ investment advice is accessible to everyone, regardless of their income or net worth. Online advisers do not categorize clients based on their level of income and will provide advice and investment strategies that are appropriate to the stage you are at. 4. Better Service The online model fits the modern investor and offers the services to a broader audience compared to the traditional financial services. The advice can be given via Skype, email, or even a phone call and investors get the service they want on their own terms. You don’t have to schedule a meeting with your financial adviser as the advice is provided to you from wherever you are. This digital online experience means that you can be updated on how your investments are performing, get financial planning and analysis tips, and work with your adviser in real time and from any place across the globe. 5. Robo-adviser is as Safe as a Bank Your accounts with Robo-adviser accounts have the same protections and are provided with similar account protection funds as any other registered bank or financial institution. You don’t have to worry about your investments loss in case of any unexpected occurrences. Key Takeaway Robo-advisers are modernizing investment advice and making it more affordable, more accessible, and more convenient for everyone and are thus something to consider.
Manufacturing is leading Canada's economy out of recession, though domestic and global challenges remain, new report shows
Xinhua Silk Road: China-Russia (Harbin) economic and trade index report (2021) officially unveiled on Wed.