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TransCanna Hires Chief Financial Officer

Vancouver, British Columbia–(Newsfile Corp. – October 16, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) has appointed Michelle Pillon as chief financial officer. Ms. Pillon has over 25 years of experience providing accounting, finance and regulatory services to public companies in Canada with a concentration in the natural resource sector.

Steve Giblin, TransCanna President and CEO, stated, “We are pleased to have Michelle join the company and feel that she will be a great addition to our team. Her depth of experience and business acumen will enable the company to continue to expand our operations in California and further our relationships in the investment community.”

The Company also wishes to thank our previous CFO Mr. Greg Ball for all his efforts. In the next two weeks Michelle and Greg will work together for a smooth transition.

The Company further announces that it has entered into a consulting agreement with Green Times Ltd. In consideration for the Agreement, the parties have agreed to the issuance of shares for a 60-day business development contract and will settle such indebtedness through the issuance of 300,000 common shares of the Company (the “Shares”) at a deemed price of CDN$0.62 per Share. The Shares are subject to certain restrictions on trading in accordance with applicable securities laws.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian based company providing branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at info@transcanna.com.

On behalf of the Board of Directors
Steve Giblin, President
604-609-6199

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48851

SAREPTA DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Sarepta Therapeutics, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – October 16, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Sarepta Therapeutics, Inc. (NASDAQ: SRPT) (“Sarepta” or the “Company”) of the October 29, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi logo

If you invested in Sarepta stock or options between September 6, 2017 and August 19, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/SRPT. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased Sarepta securities between September 6, 2017 and August 19, 2019 (the “Class Period”). The case, Salinger v. Sarepta Therapeutics, Inc., No.19-cv-08122 was filed on August 30, 2019.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making materially false and misleading statements regarding Sarepta’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) golodirsen posed significant safety risks to patients; (2) consequently, the NDA package for golodirsen’s accelerated approval was unlikely to receive FDA approval; and (3) as a result, Sarepta’s public statements were materially false and misleading at all relevant times.

On August 19, 2019, post-market, Sarepta announced receipt of a Complete Response Letter (“CRL”) from the FDA regarding the Company’s NDA seeking accelerated approval of golodirsen for the treatment of DMD. Sarepta disclosed that “[t]he CRL generally cites two concerns: the risk of infections related to intravenous infusion ports and renal toxicity seen in pre-clinical models of golodirsen and observed following administration of other antisense oligonucleotides.”

On this news, Sarepta’s stock fell from $120.31 on August 19, 2019 to $102.07 on August 20, 2019-an $18.24 or 15.16% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Sarepta’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48843

MATCH DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Match Group, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – October 16, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Match Group, Inc. (NASDAQ: MTCH) (“Match” or the “Company”) of the December 2, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in Match stock or options between August 6, 2019 and September 25, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/MTCH. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

The lawsuit has been filed in the U.S. District Court for the Northern District of Texas on behalf of all those who purchased Match securities between August 6, 2019 and September 25, 2019 (the “Class Period”). The case, Crutchfield v. Match Group, Inc. et al., No. 19-cv-02356 was filed on October 3, 2019, and has been assigned to Senior Judge Sam R. Cummings.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose: (1) that the Company used fake love interest ads to convince customers to buy and upgrade subscriptions; (2) that the Company made it difficult and confusing for consumers to cancel their subscriptions; (3) that, as a result, the Company was reasonably likely to be subject to regulatory scrutiny; (4) that the Company lacked adequate disclosure controls and procedures; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On September 25, 2019, The Federal Trade Commission (“FTC”) announced that it had sued Match.com for, among other things, using artificial love interest ads to deceive consumers into buying or upgrading subscriptions, failing to resolve disputed charges, and intentionally making it difficult to cancel subscriptions.

On this news, Match’s share price fell from $72.83 per share on September 24, 2019 to a closing price of $71.44 on September 25, 2019: a $1.39 or a 1.91% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Match’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48836

RUHNN SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Ruhnn Holding Limited To Contact The Firm

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New York, New York–(Newsfile Corp. – October 16, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Ruhnn Holdings Limited (NASDAQ: RUHN) (“Ruhnn” or the “Company”) of the December 6, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in Ruhnn stock or options pursuant and/or traceable to the Company’s April 3, 2019 Initial Public Offering (“IPO”) and would like to discuss your legal rights, click here: www.faruqilaw.com/RUHN. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

The lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all those who purchased Ruhnn American Depository Shares (“ADSs”) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ruhnn’s April 3, 2019 IPO. The case, Guo v. Ruhnn Holding Limited et al., No. 19-cv-05667 was filed on October 7, 2019.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) at the time of the IPO, the number of Ruhnn’s online stores had declined by nearly 40%; (2) at the time of the IPO, the number of Ruhnn’s full-service Key Opinion Leaders had declined by nearly 44%; (3) as a result, the Company’s net revenues derived from its full-service segment had declined by 46% on a sequential basis; and (4) as a result, defendants’ statements about Ruhnn’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Since the IPO, in which 10 million Ruhnn ADSs were offered at a price of $12.50 per share, the Company’s share price has substantially declined.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Ruhnn’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48837

Hornby Bay Announces Retirement of James Brady

Toronto, Ontario–(Newsfile Corp. – October 16, 2019) – Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the “Company“) announces the retirement of Mr. James Brady, President and Chief Executive Officer and director of the Company effective immediately. The Company is pleased to report that Mr. Fred Leigh will succeed Mr. Brady as President and Chief Executive Officer and will also join the board of directors of the Company, effective immediately.

Mr. Leigh has been involved in the investment industry for over 35 years and has had a significant role as a founder, director and/or investor in numerous public and private companies. Mr. Leigh is also the founder and President of Siwash Holdings Ltd., a privately held company which has invested in early and advanced stage opportunities in the resources sector for over 27 years.

The board of directors and management of the Company would like to express their sincerest thanks to Mr. Brady for his hard work and long-time dedication to the Company and wish him all the best as he begins retirement.

The Company would also like to announce its intention to complete a non-brokered private placement of up to 25,000,000 units (each, a “Unit“) of the Company, at a price of $0.05 per Unit for gross proceeds of up to $1,250,000 (the “Offering“). Each Unit will be comprised of one common share (each, “Common Share“) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant“). Each whole Warrant will entitle the holder thereof to purchase one additional Common Share at an exercise price of $0.10 for a period of twenty-four (24) months from the date of issuance (the “Closing Date“). The Common Shares and Warrants comprising the Units will be subject to a statutory resale restriction of four months plus one day from the Closing Date.

Finder’s fees may be payable to qualified individuals (each, a “Finder“) pursuant to which the Finder may receive a finder’s fee equal to 7% of the gross proceeds of the Offering and finder warrants (“Finder Warrants“) entitling the Finder to purchase that number of Common Shares of the Company equal to 7% of the aggregate number of Units sold by such Finder under the Offering at a price of $0.10 per Common Share for a period of twenty-four (24) months from the Closing Date.

The Company intends to use the net proceeds from the Offering for general working capital purposes and the repayment of certain indebtedness of the Company. The closing is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

In connection with Mr. Leigh’s appointment, James Brady and Beverley Brady agreed to sell an aggregate of 31,467,747 Common Shares to Mr. Leigh, representing approximately 38.9% of the issued and outstanding Common Shares, in exchange for nominal consideration. A copy of the Form 45-102F1 – Notice of Intention to Distribute under Section 2.8 of National Instrument 45-102 – Resale of Securities has been filed by Mr. Brady and can be located on SEDAR on the Company’s profile at www.sedar.com.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Arvin Ramos, Chief Financial Officer
Tel: (416) 271-3877

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48831

Evertz Technologies Limited Announces New Normal Course Issuer Bid

Toronto, Ontario–(Newsfile Corp. – October 16, 2019) – Evertz Technologies Limited’s (TSX: ET) (“Evertz”) Board of Directors has authorized the implementation of a new normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Evertz intends to purchase up to 3,830,262 of its common shares by way of normal course purchases on the Toronto Stock Exchange (“TSX”) subject to the approval of the TSX or, as otherwise permitted, on other eligible designated exchanges or alternative systems in Canada (each, a “Designated Exchange”). As such, Evertz intends to file the required notice with the TSX to obtain such approval as soon as practicable. The common shares authorized to be purchased, represent 5% of the common shares outstanding on October 15, 2019.

Evertz believes that its common shares currently trade in a price range that does not adequately reflect their underlying value based on Evertz business and strong financial position. As a result, depending upon future price movements and other factors, Evertz believes that its outstanding common shares represent an attractive investment and a desirable use of a portion of its corporate funds.

The purchases on the TSX may commence on the date that is two trading days after the latest of (i) the date of acceptance by the TSX of Evertz’s notice of intention in final executed form, and (ii) the date that Evertz issues the press release required by the TSX. It is expected that the purchases will terminate not more than one year after the purchases commence, or on such earlier date as Evertz may complete its purchases.

Purchases will be made by Evertz in accordance with applicable regulatory requirements and the price which Evertz will pay for any such common shares will be the market price of such shares at the time of acquisition. The common shares purchased will be cancelled.

To the knowledge of Evertz, no director, senior officer or other insider of Evertz currently intends to sell any common shares under this bid. However, sales by such persons through the facilities of the TSX or other Designated Exchange may occur if the personal circumstances of any such person change or any such person makes a decision unrelated to these normal course purchases. The benefits to any such person whose shares are purchased would be the same as the benefits available to all other holders whose shares are purchased.

Forward-Looking Information:

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that Evertz believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to Evertz’s intention to purchase its common shares under the normal course issuer bid) constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of Evertz based on information currently available to Evertz as well as certain assumptions including, without limitation, the anticipated approval by the TSX of Evertz’s notice of intention to repurchase its common shares pursuant to the terms of proposed NCIB. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Evertz to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Evertz. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, the failure of Evertz to obtain TSX approval of the NCIB in a timely manner.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Evertz disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although Evertz believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

About Evertz

Evertz Technologies Limited (TSX: ET) designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and high and ultra-high definition television (“HDTV” and “UHD”) and next generation high bandwidth low latency IP network environments and by telecommunications and new-media companies. The Company’s products allow its customers to generate additional revenue while reducing costs through efficient signal routing, distribution, monitoring and management of content as well as the automation and orchestration of more streamlined and agile workflow processes on premise and in the “Cloud”.

Contact Information

Evertz Technologies Limited
Anthony Gridley
Chief Financial Officer
(905) 335 7580
ir@evertz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48839

Canadian Securities Exchange Reports Strong Trading Activity, Listings Growth and Other Milestones in Third Quarter of 2019

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Quarter highlighted by listing of 500th issuer and opening of CSE Media Centre

Toronto, Ontario–(Newsfile Corp. – October 16, 2019) – The Canadian Securities Exchange (“CSE” or “the Exchange”) today announced performance and operating highlights for the third quarter (“Q3 2019”) and nine months (“YTD 2019”) ended September 30, 2019. The CSE achieved key milestones during the quarter, including the launch of the CSE Media Centre in Toronto and the listing of its 500th issuer.

Key Statistics

  • Total value of traded securities reached a record $18.6 billion in YTD 2019, an increase of 29% from $14.4 billion in the comparable period in 2018 (“YTD 2018”);
  • Total trading volume of 15.6 billion shares in YTD 2019 represents the second highest total in the Exchange’s history;
  • Financings completed by CSE issuers totaled $2.5 billion in YTD 2019, similar to the record $2.6 billion generated in YTD 2018;
  • The CSE had 549 listed securities as at September 30, 2019, an increase of 32% compared to 415 listed securities as at September 30, 2018.

The CSE led all Canadian stock exchanges in initial public offerings in YTD 2019. Of the 29 Canadian IPOs completed during the period1, 22 were completed on the CSE.

Cannabis and related companies accounted for 81% of capital raised in YTD 2019, raising just below $2 billion. Approximately half of that total was raised by U.S. cannabis issuers. Mining issuers raised $162 million, or 7% of the total amount. Overall, issuers with U.S.-based operations raised 61% of the total capital.

On September 24,2019, the CSE listed its 500th issuer, representing a major milestone for the Exchange. The CSE’s rapid growth over its 15 years of operations, both in Canada and globally, underlines the fact that it has become a preferred exchange for entrepreneurs seeking to access the public capital markets.

On September 10, 2019, the CSE Media Centre (the “Media Centre”) was unveiled at the Exchange’s headquarters in the heart of Toronto’s financial district. The Media Centre is used for numerous events, including the newly-launched market open ceremonies. Visiting issuers and partners are provided with access to a suite of digital marketing opportunities, including podcasts and other in-house media, that are targeted at the small-cap investment community.

During Q3 2019, the CSE opened a new and expanded office in Vancouver, British Columbia. Many emerging companies are domiciled in Vancouver, particularly in the mining, technology and cannabis sectors. This office expands the Exchange’s Vancouver footprint in order to better serve local entrepreneurs.

The CSE continued its efforts to expand its global presence during Q3 2019. Exchange executives made trips to Israel, Singapore, and the United States to promote the CSE as the ideal destination to raise growth capital. As part of its global outreach efforts, the CSE sponsored events, formed partnerships with stakeholders, and took part in other community engagement activities. Among other events, the CSE co-hosted the Cannabis Global Capital & Commercialization conference in Tel Aviv on September 16, and the 4th CEO Summit 2019 in Singapore on September 26.

The CSE’s #HashtagFinance podcast released its 50th episode during Q3 2019. The series has featured interviews with CEOs from a cross section of the CSE’s listed companies, as well as other thought leaders across the entrepreneurial community. The podcasts are part of the CSE’s ongoing effort to be a central hub for discussion of entrepreneurial issues.

“With more than 500 issuers, the CSE is firmly established as an important global stock exchange,” said Richard Carleton, Chief Executive Officer. “Like other emerging exchanges, we began with a mandate to extend capital raising and liquidity to a new generation of companies, often in unique market segments, that incumbent marketplaces were unwilling to serve. After 15 years of tremendous growth, we are now attracting larger, more mature companies onto our platform than we ever have in the past. This is driving significant increases in our overall trading value and the cumulative market capitalization of our issuers. As we continue to grow, we will remain focused on strengthening our relationships within the entrepreneurial community and demonstrating that the CSE is the ideal destination for emerging companies of all sizes.”

During Q3 2019, the following issuers commenced trading on the CSE:

JULY 2019

● Blue Lagoon Resources Inc. (CSE: BLLG) – Listed on July 4

● MustGrow Biologics Corp. (CSE: MGRO) – Listed on July 10

● Bhang Inc. (CSE: BHNG) – Listed on July 11

● GlobeX Data Ltd. (CSE: SWIS) – Listed on July 22

● MGX Renewables Inc. – (CSE: MGXR) – Listed on July 22

● Revive Therapeutics Ltd. – (CSE: RVV) – Listed on July 23

● Walcott Resources Ltd. (CSE: WAL) – Listed on July 30

● XPhyto Therapeutics Corp. (CSE: XPHY) – Listed on July 31

AUGUST 2019

● Cruz Cobalt Corp. (CSE: CRUZ) – Listed on August 6

● Prophecy Potash Corp. (CSE: NUGT) – Listed on August 8

● Camarico Investment Group Ltd. (CSE: CIG) – Listed on August 13

● Ayr Strategies Inc. – Subordinate Voting Shares (CSE: AYR.A) – Listed on August 19

● Volatus Capital Corp. (CSE: VC) – Listed on August 28

SEPTEMBER 2019

● AMP German Cannabis Group (CSE: XCX) – Listed on September 4

● Copper One Inc. (CSE: QSC) – Listed on September 5

● Crestview Exploration Inc. (CSE: CRS) – Listed on September 9

● Bullfrog Gold Corp. (CSE: BFG) – Listed on September 11

● Pike Mountain Minerals Inc. (CSE: PIKE) – Listed on September 13

● Xtraction Services Holdings Corp. – Subordinate Voting Shares (CSE: XS) – Listed on September 13

● Voyager Digital (Canada) Ltd. (CSE: VYGR) – Listed on September 23

● Yukoterre Resources Inc. (CSE: YT) – Listed on September 23

● Corsurex Resource Corp (CSE: CRC) – Listed on September 24

● IMC International Mining Corp. (CSE: IMCX) – Listed on September 24

● InnoCan Pharma Corporation (CSE:I NNO) – Listed on September 24

● Wikileaf Technologies Inc. (CSE: WIKI) – Listed on September 25


1
Excluding Capital Pool Companies and Special Purpose Acquisition Companies.

Image 1

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About the Canadian Securities Exchange:

The Canadian Securities Exchange is a rapidly-growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The exchange’s efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.

The CSE fosters positive working relationships with issuers, providing superior responsiveness to their specific needs. It offers investors in Canada and abroad access to a multi-sector stable of growth companies through a liquid, reliable and highly regulated trading platform. The exchange strongly supports entrepreneurship and has established itself as a leading hub for discourse in the entrepreneurial community.

The CSE has more than 500 listings and offers trading services for Canadian-listed securities. Its issuers, which are active in diverse industries such as cannabis, technology and mining, have raised more than $5.1 billion in the last 12 months. The exchange was founded in 2004 and has corporate offices in Toronto, Ontario and Vancouver, British Columbia.

For more information, please visit www.thecse.com and our blog at http://blog.thecse.com.

Contact:
Richard Carleton, CEO
416-367-7360
richard.carleton@thecse.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48830

PROPETRO DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In ProPetro Holding Corp. To Contact The Firm

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New York, New York–(Newsfile Corp. – October 16, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in ProPetro Holding Corp. (NYSE: PUMP) (“ProPetro” or the “Company”) of the November 15, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in ProPetro stock or options: a) pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s March 2017 initial public offering (“IPO” or the “Offering”); and/or b) between March 17, 2017 and August 8, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/PUMP. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

The lawsuit has been filed in the U.S. District Court for the Western District of Texas on behalf of all those who purchased ProPetro securities a) pursuant and/or traceable to the Registration Statement issued in connection with the Company’s March 2017 IPO; and/or b) between March 17, 2017 and August 8, 2019 (the “Class Period”). The case, Logan v. ProPetro Holding Corp. et al., No.:19-cv-00217 was filed on September 16, 2019.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company’s executive officers were improperly reimbursed for certain expenses; (2) that the Company had engaged in certain undisclosed transactions with related parties; (3) that the Company lacked adequate disclosure controls and procedures; (4) that the Company lacked effective internal control over financial reporting; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On August 8, 2019, after the market closed, the Company issued a press release delaying its second quarter earnings conference call and quarterly report, citing an ongoing review by its Audit Committee. In a Form 8-K filed with the Securities and Exchange Commission (“SEC”) on the same day, the Company stated that the review concerned, among other things, expense reimbursements and certain transactions involving related parties or potential conflicts of interest. The Form 8-K also stated that approximately $370,000 had been improperly reimbursed to members of senior management since the Company’s initial public offering in 2017. Moreover, the Company expected to report a material weakness in its internal control over disclosure.

On this news, the Company’s stock price fell from $17.34 per share on August 8, 2019 to $12.75 per share on August 9, 2019: a $4.59 or 26.47% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding ProPetro’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48833

SEC Charges 18 Traders in $31 Million Stock Manipulation Scheme

Washington, D.C.–(Newsfile Corp. – October 16, 2019) – The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against 18 traders in a scheme to manipulate more than 3,000 U.S.-listed securities for over $31 million in illicit profits.

The SEC alleges that the traders, who are primarily based in China, manipulated the prices of thousands of thinly traded securities by creating the false appearance of trading interest and activity in those stocks, thereby enabling them to reap illicit profits by artificially boosting or depressing stock prices. For example, according to the SEC’s complaint, the traders used multiple accounts to place several small sell orders to drive down a stock’s price before using a different set of accounts to buy larger amounts of the stock at the artificially low prices. After accumulating their position, the traders then flipped the script and placed several small buy orders to push up prices so they could then sell their stock at artificially high prices.

“We allege that defendants engaged in an extensive manipulation scheme and went to great lengths to evade detection, placing trades in over one hundred separate accounts at several different brokerage firms and submitting falsified documents to open new accounts in the names of others,” said Joseph G. Sansone, Chief of the SEC’s Market Abuse Unit. “Despite their efforts, the SEC staff was able to uncover the connections between these seemingly unrelated accounts and expose the defendants’ coordinated pattern of illicit trading.”

In a parallel action, the U.S. Attorney’s Office for the District of Massachusetts announced criminal charges against two of the traders, Jiali Wang and Xiaosong Wang.

The SEC’s complaint filed in federal court in Boston and unsealed today, charges the traders with violating and aiding and abetting violations of the antifraud provisions of the securities laws. In addition to the asset freeze and other emergency relief obtained, the SEC seeks disgorgement of ill-gotten gains plus interest, penalties, and injunctive relief.

The SEC’s investigation was conducted by Andrew Palid and Michele T. Perillo of the SEC’s Market Abuse Unit in the Boston Regional Office with assistance from John Marino of the Market Abuse Unit, and was supervised by Mr. Sansone. The litigation will be led by Eric Forni of the Boston Regional Office and Mr. Palid. The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of Massachusetts, the Federal Bureau of Investigation, and the Financial Industry Regulatory Authority.

Razzoo’s Cajun Café and Tricky Fish to Function as Independent Brands

Internal Sale Creates Two Restaurant Brands with Dedicated Ownership, Operations, and Management Teams

DALLAS, TX, October 16, 2019 /24-7PressRelease/ — Razzoo’s Cajun Café® – the spirited casual eatery dedicated to bringing to life all the flavor, fun and festivity of New Orleans and the French Quarter– has announced it has signed a definitive agreement to divest its Tricky Fish restaurant concept. Razzoo’s first launched Tricky Fish in 2016 as a small-format, fast-casual extension inspired by Razzoo’s famous Tricky Fish menu item. Since that time Tricky Fish has opened two restaurants, while the Razzoo’s lineup now includes 22 restaurant locations and counting. The decision to separate the two brands came from a mutual understanding that the uneven speed of growth between the two brands was not ideal for pursuing new markets going forward. The transaction will close sometime in late November 2019.

“Razzoo’s is ready to take on the rest of the country,” said company CEO, Jeff Powell. “We’ve had ample time to build this brand, perfect operations, and create a solid marketing strategy. Tricky Fish is an exciting newer concept that has been very well received… so much so that it does not need to function solely as an extension of another brand. We agreed neither brand should miss out on opportunities despite being in such different places. Divestment made the most sense, allowing each brand its best shot at success.”

Tricky Fish will now be owned by Chris Degan, who will also serve as the brand’s CEO. Degan previously served as President for the Razzoo’s brand and led the development of Tricky Fish with Powell’s support.

Razzoo’s growth plans have resulted in the expansion of its leadership team with the addition of proven industry experts. Razzoo’s has secured Philip Parsons, an experienced restaurant executive, as its first CFO. Parsons previously served as CFO for the QSR Mexican brand, Taco Bueno©.

“This is an exciting opportunity for Tricky Fish,” said Degan. “This is a concept that blends unforgettable flavor with light, fresh, quality seafood, in an environment that is relaxed as well as quick and convenient. It is an underserved market segment that is on-trend with today’s fast-casual dining patrons and we’re looking forward to building a devoted audience of Tricky Fish fans.”

ABOUT RAZZOO’S CAJUN CAFÉ®
Razzoo’s Cajun Café obsessively creates bold, flavorful, Cajun-inspired dishes that bring to life all the flavor, fun and festivity of New Orleans and the French Quarter. Founded in Dallas in 1991, Razzoo’s operates 22 restaurants in TX, OK and NC. Razzoo’s is privately owned. Learn more about Razzoo’s by visiting www.razzoos.com or www.facebook.com/razzoos.