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After applying their process to narrow down the best suited opportunities, they will make a significant investment in the selected companies to provide the necessary capital to grow.
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They work with their portfolio companies to assist those companies' leadership teams in scaling production & distribution and expanding their market opportunities.
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And as I mentioned above, BGTTF has 5 potential catalysts to chew on ahead of Thursday's opening bell. Here they are:
No. 1 BGTTF Potential Catalyst - LOI Could Lead To Access Of Game-Changing Direct Lithium Extraction Technology
GOAT Enters Into Letter of Intent to Acquire Canadian License for Direct Lithium Extraction Technology
VANCOUVER, British Columbia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- GOAT Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT), is pleased to announce the Company has entered into a non-binding Letter of Intent (the “LOI”) dated September 14, 2022 with 1000288601 Ontario Inc. (“Ontario Co”).
The LOI contemplates a proposed transaction (the “Proposed Transaction”), whereby GOAT would acquire all issued and outstanding securities of Ontario Co by way of a share exchange agreement (the “Share Exchange”). Ontario Co is in the process of acquiring the Canadian license for a Direct Lithium Extraction technology (the “DLE Technology”) developed by private industry, as well as University researchers based out of Australia.
It is the Company’s understanding that the DLE Technology is more cost-effective extraction technology than fractional crystallization, membrane filtering, MOF’s, adsorption, reverse osmosis, and ion exchange.
The DLE Technology has the potential to reduce capital and operating costs, while accelerating battery metal project startups via:
- No evaporation requirements;
- Increased lithium recovery; and,
- Increased production flexibility.
THE PROPOSED TRANSACTION
The proposed transaction is expected to be completed pursuant to available prospectus exemptions in accordance with applicable securities legislation. GOAT and Ontario Co have agreed to negotiate in good faith the terms of a definitive written agreement with respect to the proposed transaction within 60 days from the LOI. The proposed transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the Canadian Securities Exchange (CSE), completion of due diligence reasonable or customary in a transaction of a similar nature and entering into a definitive agreement, among other conditions. The proposed transaction would be an arm's-length transaction for GOAT and would not constitute a fundamental change or result in a change of control of the company, within the meaning of the policies of the CSE.
Read the full article here.
No. 2 BGTTF Potential Catalyst - GOAT's Subsidiary Achieves Key Certification/Operational Milestone
Billy Goat Provides H2 Guidance for FunGuys Beverages
VANCOUVER, British Columbia, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Billy Goat Brands Ltd. (the “Company” or “GOAT”) (CSE: GOAT), is pleased to report that FunGuys Beverages (“FunGuys”), a 100-per-cent wholly owned subsidiary of GOAT has successfully achieved Phase II certification of TerraCycle's LOOP (“LOOP”) testing protocols. This operational milestone further demonstrates FunGuys’s market position as a socially responsible distributor of organic mushroom-infused cold brew coffee beverages underpinned by proprietary formulation stack.
FunGuys's commercial associations with LOOP enables it to leverage reusable packaging for its line of Kold-branded beverages. As previously announced, LOOP’s stringent design guidelines will enable Kold products to move from single-use packaging to a multiuse ecosystem while also providing FunGuys with access to a scalable sales channel through LOOP 's integrated network of retail partners. Recently, LOOP was invited to present its views on sustainable business practices at the World Economic Forum and has support from major North American and European grocers, retailers and packaged good brands.
FunGuys's maturing relationship with LOOP is also indicative of GOAT’s commitments to advancing next generation CPG recycling ecosystems, technologies and associated intellectual properties through active investments. As disclosed in Q2 2022, GOAT nearly doubled its ownership stake in Evanesce Inc. (“Evanesce”), a sustainable packaging company that produces compostable straws and other packaging items. Evanesce has manufacturing plants located in South Carolina and Nevada which produced approximately 90 million total straws in the first quarter of 2022. Evanesce plans to list its shares for trading in 2022 or H1 2023 on either the Toronto Stock Exchange or Nasdaq Stock Market.
Read the full article here.
No. 3 BGTTF Potential Catalyst - Company Rebrands With Name Change (Added Exposure Next?)
Billy Goat Brands Announces Name Change
VANCOUVER, British Columbia, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Billy Goat Brands Ltd. (the “Company” or “GOAT”) (CSE: GOAT), is pleased to announce that, subject to the approval of the Canadian Securities Exchange (“CSE”), effective September 12, 2022, the Company intends to change its name to “GOAT Industries Ltd.” from “Billy Goat Brands Ltd.” (the “Name Change”) The Company will continue to trade under the stock symbol “GOAT” on the CSE, under the stock symbol “BGTTF” on the OTCQB Venture Market and under the symbol “26B” on the Frankfurt Stock Exchange.
No action is required to be taken by shareholders with respect to the name change. Outstanding share certificates are not affected by the name change and do not need to be exchanged. The Company’s ISIN and CUSIP numbers for the common shares will change to CA3802J1030 and 38021J103, respectively.
The Name Change will further re-enforce GOAT’s recently announced capital deployment, diversification, and alpha generation mandates. Per its news release dated August 24, 2022, the Company intends to expand investment portfolio to include accretive holdings in new market sectors, including the following:
- Defence technologies;
- Critical commodities;
- Energy; and,
- Energy Transition Metals (ETM) and Electrification.
GOAT will aggressively pursue exposure to the above stated verticals, of which Management feels will function as anti-inflationary hedges as well as mitigate reliance on unstable international supply chains.
Furthermore, GOAT will continue to provide active, growth-stage funding into patented technologies, defendable CellAg intellectual property and plant-based brands focused on the food and water insecurity trade. More than 2.3 billion people are currently facing water stress and nearly 160 million children are exposed to severe and prolonged droughts and in the past 20 years, droughts have triggered global economic losses of about $124Bn.
Read the full article here.
No. 4 BGTTF Potential Catalyst - Official Acquisition Of Pet-food Brand Kojo Pet Performance
Billy Goat Acquires Kojo Pet Performance
VANCOUVER, British Columbia, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Billy Goat Brands Ltd. (the “Company” or “Billy Goat”) (CSE: GOAT), is pleased to announce that further to its news release dated June 30, 2022, it has completed the acquisition of Kojo Pet Performance Inc. (“Kojo”) in consideration of 25,000,000 common shares of the Company (each a “Consideration Share”) issued at a deemed price of $0.039 per share to the existing shareholders of Kojo (collectively, the “Vendors”). Kojo is an innovative pet-food brand focused on producing and marketing plant and cell-based pet food offerings.
The acquisition of Kojo was completed pursuant to a share purchase agreement entered into amongst the Company, Kojo and the Vendors, dated August 15, 2022. The Company is at arms-length from Kojo, and each of the Vendors. The acquisition of Kojo neither constitutes a fundamental change nor a change of business for the Company, nor has it resulted in a change of control of the Company within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. No finders’ fees or commissions were payable in connection with the acquisition of Kojo.
Read the full article here.
No. 5 BGTTF Potential Catalyst - Trading Above Several Key Lines Of Potential Support
As of 2:00PM EST Wednesday, BGTTF was trading above multiple lines of potential support.
Those include BGTTF's:
- 5-Day Simple Moving Average (SMA)
- 20-Day SMA
- 5-Day Exponential Moving Average (EMA)
- 13-Day EMA
Additionally, BGTTF's 5-Day EMA is trading above its 13-Day EMA which can also be viewed as a bullish signal.
If potential support continues to grow at those levels, it could become building blocks for BGTTF to return to previous highs.
And with BGTTF having a May high of over $.13, there could be a ton of potential upside for this profile from current levels.
Now, I'm not saying BGTTF is going to run down any specific past highs on Thursday, but a quick gander at its chart will show you the potential upside from its close valuation Wednesday.
BGTTF Recap - 5 Potential Catalysts To Know Right Now
No. 1 - LOI Could Lead To Access Of Game-Changing Direct Lithium Extraction Technology
No. 2 - GOAT's Subsidiary Achieves Key Certification/Operational Milestone
No. 3 - Company Rebrands With Name Change (Added Exposure Next?)
No. 4 - Official Acquisition Of Pet-food Brand Kojo Pet Performance
No. 5 - Trading Above Several Key Lines Of Potential Support
Coverage is officially initiated on BGTTF. When time permits, do this: