Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
We may have been diluted but the 'Brand' will be holding onto the shares and therefore will have a major interest in seeing the SP rise.
They obviously don't want a full takeover (yet) hence not buying in open market IMV.
GL.
Agree the repayments are being funded by sales at BP not from placing monies.
Concentrate production should continue to increase and the resource will be increased.
Lenders obviously happy to continue supporting the company going forward.
GL.
So both lenders are on board with the current strategy and have agreed how the debt will at last be serviced by sales on concentrate.
How that is bad news is beyond me.
So BP can continue to ramp up production and extend the resource.
Ultimately the diamonds will clear all of the debt.
GL.
In the world of esports, brand activations are at the heart of the industry as one of the main avenues in which businesses can maximise fan engagement.
Guild Esports took to the stage at ESI London 2023 to talk about how their collaborative brand activation with broadcaster Sky offers fans new perspectives on esports, as well as the creativity involved behind the scenes to bring this partnership into fruition.
The panel involved Jasmine Skee, CEO of Guild Esports, as well as Guild’s SVP Creative and Strategy, Nick Westwood, whose prior experience includes working at the UFC.
Moderated by Dunkan McMonagle, Co-Founder of esports marketing firm Reset, the discussion first explored the importance of bringing in creativity into gaming partnerships.
Reflecting on Guild’s past 12 months of performance as an example, Skee explained: “We really thought about working with brands and what they’re trying to achieve. A lot of them came during COVID and it was a good way for them to invest.
“We can work with brands in different ways. We’ve also set ourselves up so that we can work with brands on a campaign basis.
“The last 12 months have been us looking at revenue from a partnership perspective but also from a campaign point of view as well.”
Touching on the partnership with Sky that has been active for more than a year, Skee commented that Guild’s strategy of approaching the telecommunications firm was derived from the requirement of investing in innovation to reach younger audiences – something that Sky carried with its brand.
Westwood then added: “What we’ve been able to do is push the boundaries of their brand. Brands are just starting to realise the real benefit of gaming, which is going out there and being disruptive. That’s been the real reward from the first year for me.”
He also reminded the audience that, through Sky, Guild now has the opportunity to make better connections with the real-life world of sports.
It has also helped them, Westwood acknowledged, focus on real-life issues such as female abuse in the gaming industry, with Sky and Guild Esports recently bringing this to light with their awareness campaign video ‘No room for abuse’.
On the topic, Skee commented: “When you look at the sports industry there’s a lot of quality when it comes to men and women tournaments. You can go on and put on a lot of female tournaments, 8% of women have experienced abuse in games. When you’re trying to sort a problem out, you have to find the root of the issue rather than put a bandaid on it.”
And partnerships in esports like the one with Sky have a strong potential to change the narrative when it comes to issues like abuse in gaming.
Skee concluded: “It’s very much about collaboration. Brands in the space have so much opportunity to make a difference. Working with brands and making sure they see the opportunity and how they can make the difference is what is really impo
Certainly in overdrive :
A Make Listening Safe Campaign UK has launched to help prevent hearing loss and tinnitus in 10m young people at risk from gaming and loud music.
It aims to educate people aged between 10 and 40 of the dangers of excessive listening to loud sounds, under the slogan, ‘Love Sound, Listen With Care’. It will run across TikTok, Twitch and YouTube, and engage with schools and social media influencers.
The launch event for this campaign will be held today (November 1st) at the Sky Guild Gaming Centre, the home of UK esports organisation Guild Esports.
GL.
what i don't understand with all this buying why is the sp on its ****?
anyone shed any light?
Diversity Networks adding again.
All getting their ducks in a row for M2G to fly in the US and COF to move forward.
GL.
If true this could be heading back to IPO price!
23/10/2023
Saudi Arabia said on Monday it would organise an eSports World Cup starting next year, the latest boost to a sector Riyadh hopes will create tens of thousands of local jobs.
"The eSports World Cup is the natural next step in Saudi Arabia's journey to become the premier global hub for gaming and eSports," the Gulf kingdom's de facto ruler, Prince Mohammed bin Salman, said in a statement.
Prince Mohammed is said to be an avid gamer partial to Call of Duty, and Saudi Arabia has invested heavily in the sector since the 38-year-old became first in line to the throne six years ago.
Last year, the crown prince announced a $38 billion investment strategy for the kingdom's Savvy Games Group, owned by the deep-pocketed sovereign wealth fund.
The goal is to create 39,000 eSports-related jobs by 2030.
Officials also want to make Saudi Arabia "an Eden for game developers" that can produce new titles "promoting Saudi and Arabic culture", according to the national eSports strategy, targeting 30 globally competitive games produced in domestic studios by 2030.
The first edition of the eSports World Cup is expected next summer, taking the place of the eight-week Gamers8 festival of eSports tournaments which this year featured a prize pool totalling $45 million.
"You can look at Gamers8 as a dry run for the eSports World Cup," said Ralf Reichert, CEO of the newly formed eSports World Cup Foundation.
Tourism falls off considerably during the summer in Saudi Arabia when temperatures in the capital Riyadh clear 40 degrees Celsius (104 Fahrenheit) on a daily basis.
But the eSports World Cup "will be complemented with a diversified set of activities and events that will draw visitors and tourists to the capital, transforming it into a gaming capital", Monday's statement said.
"As they come to Riyadh maybe it might be quiet in Riyadh relatively, but the destination is very busy," said Saudi Tourism Authority CEO Fahd Hamidaddin, highlighting attractions in the cooler southern highlands and on the coast.
Officials have not specified which games will be included in the eSports World Cup, saying only that details will be made public early next year.
"The tournament will include the most popular games in the world across all genres and have the largest prize pool in eSports history," the statement said.
GL.
Late reported 100k buy.
Mr Orange?
GL.
The 1m investment = 200m new shares.
Existing 622m shares.
First 500k unconditional
Next 500k subject to commercial agreement.
Guild Esports PLC (LSE: GILD; OTCQB: GULDF), a global gaming-focused media business, is pleased to announce that it has signed a subscription letter with an international esports, content creation and media brand ("the Brand") for the Brand to subscribe for up to 200,000,000 new ordinary shares of £0.001 each in the capital of Guild ("Ordinary Shares") at a price of £0.005 per Ordinary Share, to raise up to £1,000,000 before expenses.
The Brand subscribed for the Ordinary Shares in three tranches, payable entirely in cash. The first two tranches are unconditional, with the first tranche of £250,000 already subscribed for and the second tranche of £250,000 due and payable on 30 October 2023. The third tranche of the subscription is for £500,000 and is conditional on the negotiation and entry into a wider commercial agreement between the Brand and Guild.
Guild expect that the synergies between the Company and the Brand will enhance operational efficiencies and amplify value creation for stakeholders. The shared vision and complementary capabilities of both companies position them well to unlock growth, innovation, and market penetration. The Board anticipates that both companies will explore avenues for how collaboration can benefit each other's businesses, partners, audience footprint and generate future value. The investment and proposed partnership are a continuation of Guild's long-term strategy to establish itself as a leader within the esports, media and gaming sector. The Company will make a further announcement on the commercial agreement in due course.
GL.