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ProSmart Closes $1,381.204.30 Non-Brokered Private Placement, Announces $1.75 Million Brokered Private Placement and Announces Issuance of Shares Under Services Agreement

ProSmart Closes $1,381.204.30 Non-Brokered Private Placement, Announces $1.75 Million Brokered Private Placement and Announces Issuance of Shares Under Services Agreement

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Kelowna, British Columbia (FSCwire) – ProSmart Enterprises Inc. (TSXV:PROS) (“ProSmart” or the “Company”), a global online network, connecting sports fans, teams and brands, is pleased to announce that it has closed the non-brokered private placement (the “Non-Brokered Offering”) announced on March 20, 2018 and is launching a brokered private placement (the “Brokered Offering”) led by Mackie Research Capital Corporation (“Mackie”).

Due to significant demand from investors associated with Mackie, ProSmart has decided to close on $1,381,205.49 of the proposed $2.1 million Non-Brokered Offering and has engaged Mackie to lead the Brokered Offering of up to $1.75 million. Both offerings (together, the “Offerings”) are for units with identical terms as described below. Mackie currently anticipates closing (the “Closing”) of the Brokered Offering shall take place on or about the week of April 30, 2018. Should the Brokered Offering close on the full $1.75 million, the Offerings would raise a combined total of $3,131,205, reflecting strong demand from investors.

The net proceeds from the Offerings will be used for general working capital purposes, funding of a fully integrated IR and marketing campaign and upgrading the technology platform through the software development agreement with Firestitch Inc. (“Firestitch”) announced on March 8, 2018.

Says Alan Schuler, CEO and Co-founder of ProSmart, “We are thrilled to see such strong demand for the Offerings and are especially pleased with the additional support that Mackie has offered to provide the Company. Mackie is one of Canada’s largest independent brokerage firms, with a full team of financial advisors and investment bankers, as well as institutional sales, trading and research professionals. This relationship will be very beneficial for us as we look to grow from a small cap company into something much larger.

Description of Units

The units (the “Units”) for the Offerings are priced at $0.35 per Unit. Each Unit consists of one common share in the capital of the Company (a “Share”) and one transferable common share purchase warrant (a “Warrant”), with each Warrant exercisable into one additional Share at a price of $0.45 for a period of two years from closing.

The Company has the option to force conversion through an acceleration clause (the “Acceleration Clause”). The Acceleration Clause gives the company the right beginning on the date that is four months plus one day following closing, in the event that the weighted average daily trading price of the Shares on the TSX Venture Exchange (the “TSXV”) is $0.55 or more per Share for 10 consecutive trading days, in which case the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof (by disseminating a press release advising of the acceleration of the expiry date of the Warrants) and, in such case, the Warrants will expire on the thirtieth day after the date of such notice.

Non-Brokered Offering

ProSmart closed the sale of 3,946,298 Units for gross proceeds of $1,381,204.30 on April 20, 2018. All securities issued in connection with the closing of the Non-Brokered Offering are subject to a statutory hold period of four months plus one day in accordance with applicable securities legislation expiring on August 21, 2018. The Warrants issued in connection with the Non-Brokered Offering expire on April 20, 2020 and the Acceleration Clause for these warrants can be exercised on or after August 21, 2018.

In connection with the closing of the Non-Brokered Offering, ProSmart paid finder’s fees totaling $5,045.01 in cash and issued 14,414 non-transferable finders warrants (the “Finders Warrants”). Each Finders Warrant is exercisable into one Share at a price of $0.45 for a period of two years, expiring on April 20, 2020. The Finders Warrants are also subject to the Acceleration Clause.

The Non-Brokered Offering is subject to the final acceptance of the TSXV.

Brokered Offering

Mackie is acting as lead agent and sole bookrunner, on a best-efforts basis, for the Brokered Offering of up to 5,000,000 of Units resulting in gross proceeds of up to $1,750,000. The Company has granted Mackie an option (the “Agent’s Option”) exercisable at any time up to and including Closing to increase the size of the Brokered Offering by up to 15% in Units by giving written notice of the exercise of the Agent’s Option, or a part thereof.

The Brokered Offering will take place by way of a private placement to qualified investors in the provinces of Alberta, British Columbia, and Ontario, and otherwise in those jurisdictions where the Brokered Offering can lawfully be made, including the U.S., under applicable private placement exemptions. The Brokered Offering is subject to the acceptance of the TSXV and all securities issued thereunder will be subject to a statutory hold period of four months plus one day under applicable securities legislation.

At Closing, the Company will pay to Mackie a cash commission of 8% of the aggregate gross proceeds arising from the Brokered Offering (the “Commission”), such Commission also being applicable on gross proceeds arising from the exercise of the Agent’s Option, where any such exercise occurs. At Closing, and subject to regulatory approval (where any such approval is required), Mackie will receive options (the “Compensation Options”) exercisable at any time up to two years following Closing to purchase broker units (the “Broker Units”) of the Company in an amount equal to 8% of the number of Units sold in connection with the Brokered Offering, including the amount subscribed for pursuant to the exercise of the Agent’s Option, where any such exercise occurs. The Compensation Options shall be exercisable at the price of $0.35 per Broker Unit. Each Broker Unit is comprised of one Share and one non-transferable broker warrant (the “Broker Warrant”). Each Broker Warrant is exercisable into an additional Share at $0.45 for two years from the Closing subject to the Acceleration Clause. The Company shall also pay to Mackie a non-refundable work fee of $35,000 and a payment for advisory services to be satisfied upon the issuance of 100,000 Shares of the Company at the transaction price of $0.35 per Share. The certificate representing such Shares will include a legend indicating that such Shares are subject to a statutory hold period of four months plus one day.

The Brokered Offering is subject to certain conditions, including, but not limited to, completion of satisfactory due diligence and receipt of all necessary regulatory approvals, including the acceptance of the TSXV.

Shares for Services

The Company announces that it has issued 84,885 Shares to Firestitch in payment of an invoice issued under the software development agreement previously announced on March 8, 2018 and approved by the TSXV on March 26, 2018. The invoice owing to Firestitch is in the amount of $54,156.75. The number of Shares to be issued is based on a deemed price of $0.638 per Share, calculated as the average price per Share on the TSXV for the five days subsequent to the end of the month in which the services were performed.

Alan Schuler

Co-Founder & Chief Executive Officer

About ProSmart Enterprises Inc.

ProSmart (TSX-V:PROS) is a global online network connecting sports fans, teams and brands and is an emerging leader in sports content marketing through online tools and mobile apps. ProSmart works with over 1,500 governing bodies in more than 100 countries and provides unprecedented access to the $1.3 trillion sports market through its proprietary marketplace engine. ProSmart is also the first-and-only company to provide educational content created exclusively by hall-of-fame and professional athletes, which has been a key driver in building the company’s online network and connecting with youth, amateur and professional sports fans and players. ProSmart is a publicly traded company listed on the TSX-V.

For more information on ProSmart and its platforms, please visit the following links:

ProSmart Inc.: http://prosmartinc.com

RosterBot Inc.: http://rosterbot.com

ProSmart Hockey: http://prosmarthockey.com

ProSmart Football (Soccer): http://prosmartfootball.com

Stay connected with ProSmart by following us on:

LinkedIn (www.linkedin.com/company/prosmartsports)

CrunchBase (www.crunchbase.com/organization/prosmart-sports-development-inc)

AngelList (www.angel.co/prosmart-sports-development)

For further information please contact:

Ty Summach, Chief Operating Officer

t: 1-844-927-6278 ext. 103

e: investment@prosmartsports.com

The shares of ProSmart Enterprises Inc. trade publicly on the TSX Venture Exchange under the symbol TSXV:PROS.

“Neither 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 press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities issued, or to be issued, under the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

To view the original release, please click

Maximum News Dissemination by FSCwire. https://www.fscwire.com

Copyright © 2018 FSCwire

SHAREHOLDER DEADLINE: Brodsky & Smith, LLC Announces Upcoming Deadline in Ubiquiti Networks, Inc. Class Action – UBNT

By Brodsky & Smith, LLC

BALA CYNWYD, PA / ACCESSWIRE / April 20, 2018 / Law office of Brodsky & Smith, LLC announces that those investors who purchased shares of Ubiquiti Networks, Inc. (“Ubiquiti” or “the Company”) (NASDAQ – UBNT-News) between May 9, 2013 and February 20, 2018 have only until April 23, 2018 to request that the Court appoint them as a lead plaintiff.

Click here to learn more http://www.brodskysmith.com/cases/ubiquiti-networks-inc-nasdaq-ubnt/, or call: 877-534-2590. There is no cost or obligation to you.

A class action lawsuit has previously been commenced in the United States District Court for the Southern District of New York. According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose information that the size of the Company’s purported user community was drastically overstated and that the Company had exaggerated its publicly reported accounts receivable. Thereby making Ubiquiti’s financial statements false and misleading. As a result, Ubiquiti shareholders have suffered losses.

If you purchased shares of Ubiquiti stock and wish to discuss the legal ramifications of the Complaint, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/ubiquiti-networks-inc-nasdaq-ubnt/, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

ReleaseID: 496820

Hilltop Cybersecurity, Cybersecurity For Businesses, CEO Clip Video

Vancouver, British Columbia–(Newsfile Corp. – April 19, 2018) – Corby Marshall, CEO of Hilltop Cybersecurity speaks about their plans to incorporate services and grow their cyber-security company.

If you cannot view the video above, please visit:
http://www.b-tv.com/hilltop-cybersecurity-ceo-clip-90sec/

Hilltop Cybersecurity is being featured on CBC’s Documentary Channel Monday through Friday, April 23rd – May 6th throughout the day and evenings.

Hilltop Cybersecurity (CSE: CYBX):

Hilltop Cybersecurity owns the military-grade, patented, cybersecurity platform, called Vauban, and a newly-patented biometric security solution for crypto-currency cold storage, wallets and transactions. Founded and run by a team of former military security experts, Hilltop holds Top-Secret clearance and continues to work with government agencies.

cybr.htsicloud.com

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in the US and Canada. These 90 second video profiles broadcast on national TV and are distributed online on top financial portals including: Thomson Reuters, BNN.ca, and Stockhouse.com. They are also disseminated via a video news release to several financial portals including Globe Investor, OTC Markets, TMX Money, and The National Post.

BTV – Business Television/CEO Clip Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

Antioquia Gold Provides Corporate Update and Files Prospectus for C$62,500,000 Rights Offering

Calgary, Alberta–(Newsfile Corp. – April 19, 2018) – Antioquia Gold Inc. (TSXV: AGD) (OTC Pink: AGDXF) (“Antioquia Gold” or the “Corporation“) is pleased to provide a corporate update and announces that it has today filed a short form prospectus dated April 19, 2018 (the “Prospectus“) within British Columbia, Alberta and Ontario (the “Offering Jurisdictions“), in respect of a rights offering to raise gross proceeds of up to C$62,500,000 (the “Rights Offering”) through the issuance of rights (the “Rights“) to subscribe for common shares of the Corporation (“Common Shares“). The exercise price of the Rights will be $0.042 per Common Share.

Pursuant to the Rights Offering, each registered holder of Common Shares as of April 26, 2018 (the “Record Date“) will receive 4.84347 Rights for each Common Share held on the Record Date. For each whole Right held, the holder thereof is entitled to purchase one Common Share at a price of $0.042 per Common Share prior to 5:00 p.m. (Toronto Time) on May 28, 2018.

A Rights Offering was chosen to give the opportunity to all existing shareholders to participate. Major shareholders have informed Antioquia Gold that they intend to participate in the Rights Offering.

As of October 26, 2016, having received the final permit required for construction and mining of the Cisneros Project, the Corporation decided to proceed with the development and construction of an underground gold mine at its Cisneros Project near Medellín, Colombia. The Corporation anticipates first production tests to start in the third quarter of 2018.

The net proceeds from the Rights Offering will be used to advance the project including plant construction, mine development, support areas, tailings deposits and pipeline, infrastructure, studies, mine equipment, general corporate expenses and working capital. Further details can be found in the final prospectus filed on SEDAR.

The Rights Offering includes an additional subscription privilege under which holders of Rights who fully exercise their Rights will be entitled to subscribe for additional Common Shares, if available, that were not otherwise subscribed for under the Rights Offering. The Rights are expected to be listed for trading on the TSX Venture Exchange under the symbol “AGD.RT” on April 25, 2018 and are expected to continue trading until noon (Toronto Time) on May 28, 2018. The TSX Venture Exchange has approved the listing of the Common Shares issuable upon exercise of the Rights subject to the Corporation fulfilling all of the listing requirements of the TSXV.

The Corporation is not qualifying the securities in any jurisdiction other than the Offering Jurisdictions.

The Corporation has received a forbearance agreement (the “Forbearance Agreement“) in connection with the Rights Offering from the Corporation’s largest shareholder, Infinita Prosperidad Minera SAC (“Infinita“), which holds approximately 70% of the outstanding common shares of the Corporation. Pursuant to the Forbearance Agreement, Infinita has agreed with the Corporation that Infinita shall not demand repayment of US$31,581,249 of the Demand Loan (as defined in the prospectus) and shall not make demand in respect of US$16,793,806 of the Term Loan (as defined in the prospectus) or accelerate the Term Loan prior to the date that is 12 months after the closing of the Rights Offering, provided that, in the event the gross proceeds received by the Corporation pursuant to the Rights Offering exceeds $46,725,000 Infinita may demand repayment of amounts owing equal to such excess amount. Infinita has also entered into a standby agreement with the Corporation in respect of the Rights Offering whereby Infinita has agreed to exercise a minimum of 605,653,125 Rights (the “Standby Agreement“). If no Rights are exercised by persons other than Infinita and Infinita exercises 605,653,125 Rights pursuant to its Basic Subscription Privilege (as defined in the Prospectus) and the Standby Agreement, then following the closing Infinita would own up to approximately 820,207,969 Common Shares, representing approximately 89.0% of the issued and outstanding Common Shares. Readers are cautioned that the above description is a summary only and copies of the Forbearance Agreement and the Standby Agreement are available on the Corporation’s profile on SEDAR at www.sedar.com. In the event of any discrepancy or inconsistency between this summary and the definitive documents filed on SEDAR readers are advised that the description in the applicable definitive agreement shall prevail.

Roger Moss, Ph.D., P.Geo, is the qualified person, as that term is defined by National Instrument 43-101, on behalf of the Corporation and has reviewed and approved the scientific and technical content contained in this press release.

Readers are cautioned that the Corporation’s decision to move forward with the construction and production of the Cisneros Mine is not based on the results of any pre-feasibility study or feasibility study of mineral resources or reserves demonstrating economic or technical viability. As such there may be an increased uncertainty of achieving any particular level of recovery of gold or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

The offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange.

The final prospectus is available electronically by visiting SEDAR at www.sedar.com.

For further information on Antioquia Gold Inc. contact:

Antioquia Gold Inc.
1-800-348-9657
www.antioquiagoldinc.com

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 press release.

Reader Advisory Forward-Looking Statements:

This press release contains “forward-looking information” within the meaning of Canadian securities legislation. This information and these statements, referred to herein as “forward-looking statements”, are made as of the date of this press release and the Corporation does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law.

Forward-looking statements relate to future events or future performance and reflect current expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: the completion of the Rights Offering and the use of proceeds of the offering. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives”, “schedule” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are made based upon certain assumptions by the Corporation and other important factors that, if untrue, could cause the actual results, performances or achievements of Antioquia to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business prospects and strategies and the environment in which Antioquia will operate in the future, including the accuracy of any resource estimations, the price of gold, anticipated costs and Antioquia’s ability to achieve its goals, anticipated financial performance, regulatory developments, development plans, exploration, development and mining activities and commitments. Although management considers its assumptions on such matters to be reasonable based on information currently available to it, they may prove to be incorrect. Additional risks are described in the final prospectus, Antioquia’s most recently filed Annual Information Form, annual and interim MD&A and other disclosure documents available under the Corporation’s profile at: www.sedar.com.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important risk factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements.

Readers should also be cautioned that the Corporation’s decision to move forward with the construction and production of the Cisnero Mine is not based on the results of any, pre-feasibility study or feasibility study of mineral resources demonstrating economic or technical viability. Readers are referred to the Corporation’s most recently filed technical report in respect of the Cisneros Project for details on independently verified mineral resources on the Cisneros Project. Since 2013, the Corporation has undertaken exploration and development activities; and after taking into consideration various factors, including but not limited to: the exploration and development results to date, technical information developed internally, the availability of funding, the low starting costs as estimated internally by the Corporation’s management, the Corporation is of the view that the establishment of mineral reserves and the commissioning of a pre-feasibility study or feasibility study at this stage is not necessary, and that the most responsible utilization of the Corporation’s resources is to proceed with the development and construction of the mine. Readers are cautioned that due to the lack of a pre-feasibility study or feasibility study, there is increased uncertainty and higher risk of economic and technical failure associated with the Corporation’s decision. In particular, there is additional risk that mineral grades will be lower than expected, the risk that construction or ongoing mining operations will be more difficult or more expensive than management expected. Production and economic variables may vary considerably, due to the absence of a detailed economic and technical analysis in accordance with NI 43-101. Project failure may materially adversely impact the Corporation’s future profitability, its ability to repay existing loans, and its overall ability to continue as a going concern.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NetworkNewsAudio Covers Lexaria’s Biotech Breakthrough in Nicotine Delivery

New York, New York–(Newsfile Corp. – April 20, 2018) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company for business, today announces the audio version of the Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recent press release titled “Lexaria Achieves Significant Breakthrough in Alternative Nicotine Delivery Technology.”

To hear the Lexaria AudioPressRelease (APR) version, visit: http://nnw.fm/cJ6e5

To read the original press release, visit: http://nnw.fm/u4DbM

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp. has developed and out-licenses its disruptive delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and has patents granted in the U.S. and Australia for utilization of its DehydraTECH™ delivery technology. Lexaria’s technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits for orally administered bioactive molecules, including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit the company’s website at www.LexariaBioscience.com

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit NetworkNewsWire (NNW).

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

CannabisNewsAudio Announces Audio Press Release (APR) on Global Payout, Inc. Meeting Needs in the “Green Rush” Cannabis Revolution

New York, New York–(Newsfile Corp. – April 20, 2018) – CannabisNewsAudio announces the Audio Press Release (APR) titled “Budding Legal Cannabis Industry Offers Opportunity Amid Challenge, Chaos,” featuring Global Payout, Inc. (OTC Pink: GOHE).

To hear the CannabisNewsAudio version, visit http://nnw.fm/yUpi1

To read the original editorial, visit http://cnw.fm/DhZ3d

As part of that “revolution” the MTRAC Kiosk, powered by GreenBox’s state-of-the-art closed loop blockchain technology, can be placed in any business that wishes to conduct cashless transactions. Customers either load currency onto an e-wallet or a pre-paid debit card and then use the digital currency or pre-loaded debit card to pay for purchases. Integrated Compliance Solutions (“ICS”), a leader in the Know Your Customer procedures as well as in legal compliance solutions for the cannabis industry, has committed to serving as the compliance arm of MTRAC and its GreenBox payment solution (http://cnw.fm/FOn5V).

“ICS has done an excellent job of making a name for themselves in terms of offering highly effective and much needed compliance for the cannabis industry,” Luna said. “We believe they have the necessary technology, experience and connections to provide the best compliance our network of clients can benefit from.”

Paying for a cannabis prescription, however, remains a challenge since cash-in-hand is often the only method of payment available. Representatives from MTRAC are already in talks with several California municipalities to implement the company’s payment system as the preferred method for licensed dispensaries in their jurisdictions. MTRAC’s Kiosk offers one of the most effective cashless alternatives to these businesses in a way that meets compliance and regulatory requirements, the company said in a news release (http://cnw.fm/9U2gQ).

About Global Payout, Inc.

Since the company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments. For more information, visit www.GlobalPayout.com.

About CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

For more information please visit https://wwwCannabisNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://CNW.fm/Disclaimer

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

CNW Corporate Communications Contact:

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

GTA Announces Grant of Incentive Stock Options

Burlington, Ontario–(Newsfile Corp. – April 20, 2018) – GTA Mining and Resources Inc. (TSXV: GTA) (“GTA” or the “Company”)announces the grant of incentive stock options.

GTA announces that it has granted an aggregate of 1,350,000 (one million three hundred and fifty) options to management, directors and consultants, with a five year term and an exercise price of $0.05 per common share. Vesting of the options is immediate with respect to 1,225,000 options and six months from the date of grant for 125,000 options.

ABOUT GTA RESOURCES

GTA is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold and zinc in Canada. GTA has roughly 50,000,000 shares outstanding, with its Northshore JV partner Balmoral Resources Inc. holding a roughly 6% interest. The Company’s shares trade on the TSX Venture Exchange under the symbol “GTA.” The Company currently has three projects located in northern Ontario: the 54% owned Northshore Gold Project and the 100% owned Big Duck Lake Project, both located near Schreiber and the 100% owned Auden Project near Hearst. GTA also owns a 100% interest in the Burnt Pond Zinc-Copper-Silver Project in central Newfoundland, along strike from Teck Resources Limited’s past-producing Duck Pond Mine.

On behalf of the board of directors,

GTA Resources and Mining Inc.

“Peter M. Clausi”
President and CEO
+1 289-288-3255

For more information, please visit the corporate website at www.gtaresources.com.

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 press release.

This press release contains forward-looking statements and forward-looking information (collectively, “forward looking statements”) within the meaning of applicable Canadian and United States securities laws. All statements, other than statements of historical fact, included herein, including statements regarding the anticipated content, commencement, duration and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the timing of the receipt of assay results, and business and financing plans and trends, are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future performance, and that actual results may differ materially from those in forward-looking statements. Important factors that could cause actual events and results to differ materially from the Company’s expectations include those related to weather, equipment and staff availability; performance of third parties; risks related to the exploration stage of the Company’s projects; market fluctuations in prices for securities of exploration stage companies and in commodity prices; and uncertainties about the availability of additional financing; risks related to the Company’s ability to identify one or more economic deposits on the properties, and variations in the nature, quality and quantity of any mineral deposits that may be located on the properties; risks related to the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities on the properties; and risks related to the Company’s ability to produce minerals from the properties successfully or profitably. Trading in the securities of the Company should be considered highly speculative. All of the Company’s public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the latest technical reports filed with respect to the Company’s mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

Avalon Ranked in Corporate Knights’ “Future 40 Responsible Corporate Leaders in Canada” for Third Time

Toronto, Ontario–(Newsfile Corp. – April 20, 2018) – Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) (“Avalon” or the “Company”) is pleased to report that it has once again placed among Corporate Knights’ 2018 Future 40 Responsible Corporate Leaders in Canada from a shortlist of eligible small and mid-size organizations.

Don Bubar, Avalon’s President and CEO, commented, “This is well-earned recognition for everyone at Avalon and the sustainability culture we have developed. We believe that making environmental and social responsibility a priority enhances shareholder value by reducing risk while enhancing business opportunities for our Indigenous partners.”

Avalon is fully committed to integrating sustainable practices into its business model by minimizing environmental impacts and land disturbed. At the East Kemptville Tin-Indium Project in Nova Scotia, Avalon’s current development model will fully remediate the historical environmental liability at site; create no new disturbance area; and minimize GHG production, while profitably recovering tin from low grade stockpiles and other waste materials left on the site.

At the Separation Rapids Lithium Project near Kenora, Ontario, the Company’s staged development approach allows for minimizing the environmental footprint of the project while maximizing the number of potential mineral products from the lithium pegmatite, reducing the amount of waste material generated. Under Avalon’s current development model, as little as 10% of the mined ore would end up as waste, compared to 90% plus at typical base and precious metals operations.

Avalon is a leader among junior mineral development companies in adopting best practices to reduce its environmental footprint, protect water resources and engage with local communities. The Company has reported annually on its sustainability performance since 2011. Avalon’s sixth and current Sustainability Report’s theme is Concentrating on Cleantech Materials Production: a theme chosen to reflect the Company’s focus on defining profitable business opportunities in the technology metals sector. Avalon’s 2017 Sustainability Report can be found online at: http://www.avalonadvancedmaterials.com/_resources/sustainability/AVL-2017-sustainability-report.pdf.

This is the third time Avalon has been ranked as a Future 40 Responsible Corporate Leader in the last four years. This year, Avalon is listed among top-ranking companies such as London Hydro, Vancouver Fraser Port Authority and Dundee Precious Metals.

The methodology for the 2018 Future 40 Responsible Corporate Leaders in Canada ranking is based on 16 key performance indicators covering resource, employee and financial management. The full methodology for this year’s ranking is available from Corporate Knights here: http://www.corporateknights.com/reports/future-40/2018-future-40-methodology-15085128/. Private or publicly-listed companies headquartered in Canada with revenue of under $1 billion and evidence of ESG reporting are eligible. Ranking is based on publicly-disclosed data, verified by the companies prior to project completion.

Corporate Knights is a specialized media and investment research firm that operates in three segments, including Corporate Knights Magazine: the self-proclaimed largest globally circulating magazine focused on sustainability and responsible business, with a strong track record of providing informed research and analysis to the market.

The full ranking can be viewed in Corporate Knights Magazines Spring 2018 issue or online at www.corporateknights.com/reports/2018-future-40/2018-future-40-results-15241106/.

About Avalon Advanced Materials Inc.

Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in niche market metals and minerals with growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium, and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

For questions and feedback, please e-mail the Company at ir@AvalonAM.com, or phone Don Bubar, President & CEO at 416-364-4938.

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to statements that Avalon is fully committed to integrating sustainable practices into its business model, that Avalon’s current development model will fully remediate the historical environmental liability at site; create no new disturbance area; and minimize GHG production, while profitably recovering tin from low grade stockpiles and other waste materials left on the site, that the Company’s staged development approach allows for minimizing the environmental footprint of the project while maximizing the number of potential mineral products from the lithium pegmatite, reducing the amount of waste material generated, and that as little as 10% of the mined ore would end up as waste. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “potential”, “scheduled”, “anticipates”, “continues”, “expects” or “does not expect”, “is expected”, “scheduled”, “targeted”, “planned”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be” or “will not be” taken, reached or result, “will occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, and the possibility of cost overruns or unanticipated costs and expenses as well as those risk factors set out in the Company’s current Annual Information Form, Management’s Discussion and Analysis and other disclosure documents available under the Company’s profile at www.SEDAR.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company’s plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

Alliance Growers Announces Private Placement

Vancouver, British Columbia–(Newsfile Corp. – April 20, 2018) – Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (“Alliance Growers” or the “Company“) is pleased to announce a non-brokered private placement of up to 2,500,000 units at a price of $0.30 per unit for gross proceeds of $750,000 and has closed a 496,667 units for gross proceeds of $149,000.

Due to the change in market conditions, the Company has adjusted the price of this financing originally announced on January 25, 2018 from $.80 per unit to $0.30 per unit.

Each unit in the private placement is comprised of one common share and one transferable share purchase warrant with each transferrable warrant exercisable into one additional common share at a price of $0.40 for a period of three years from the date of issuance. The securities will be subject to a four month plus one day hold period under securities laws.

“All of us at Alliance Growers are very excited about the future of our Company,” said Dennis Petke, President and CEO of Alliance Growers. “. Despite the change in market conditions, Alliance continues to receive investor support in our funding efforts. We have received subscriptions and commitments for another 1 million units that we expect to close next week. We have many major milestones to achieve this year that will shape ACG for years to come. This financing will permit us to move forward on several fronts in the development of our ‘Four Pillars’ business Plan. We wish to thank all shareholder and other stakeholders for their continued support.”

The Company intends to use the net proceeds from the private placement toward funding commitments for the development of the Botany Centre, the acquisition of a Quebec based late-stage ACMPR applicant, BiocannaTech Inc., and general working capital .

About Alliance Growers

Alliance Growers is a diversified cannabis company driven by the Company’s ‘Four Pillars’ Organization Plan — Cannabis Botany Centre, Strategic ACMPR Investments, CBD Oil Supply and Distribution, and Research and Development.

Alliance Growers has finalized its a new business partnership with WFS Pharmagreen Inc., to jointly develop and operate a 40,000-square foot facility to be the first of its kind in Western Canada to house a DNA Botany lab, extraction facility and Tissue Culture Plantlet Production facility to service the Cannabis market and agriculture market in general. The proposed Cannabis Botany Centre will grow Cannabis plantlets using proprietary tissue culture propagation, specifically the “Chibafreen Invitro Plant Production System”, which assures consistent composition and purity of each plantlet for the growers.

Alliance Growers has entered into an exclusive agreement to acquire a late stage licensed producer applicant, Biocannatech, to become a licensed producer under Health Canada’s access to cannabis for medical purposes regulations (“ACMPR”) in Quebec. Alliance Growers will supply financing and resources to build out the medical marijuana facility in preparation for the inspection required to obtain a growing license. Once Health Canada is satisfied with a successful crop, Alliance Growers will be granted its distribution license. This acquisition allows the Company an opportunity to become a licensed producer in the Province of Quebec and gain an in-road to provide tissue culture plantlets to all licensed producers in Quebec.

Further, Alliance Growers has been negotiating to obtain other exclusive Canadian distribution agreements for certain proprietary products for support of the Cannabis growing industry in addition to possible partnerships with Licensed Producer Applicants at various stages in the Health Canada License process.

For further information, please visit the Company’s website at www.alliancegrowers.com or the Company’s profile at www.sedar.com.

If you would like to be added to Alliance Growers’ news distribution list, please send your email address to newsletter@alliancegrowers.com

On behalf of the board of directors of

ALLIANCE GROWERS CORP.
“Dennis Petke”
Dennis Petke
President and CEO
For more information contact:
Dennis Petke
Tel: 778-331-4266
DennisPetke@alliancegrowers.com

Rob Grace
Communications Consultant
Tel: 778-998-5431
RobDGrace@gmail.com

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

FORWARD LOOKING INFORMATION

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. More particularly and without limitation, the news release contains forward-looking statements and information relating to Company’s corporate strategy. The forward-looking statements and information are based on certain key expectations and assumptions made by management of the Company, including, without limitation, the Company’s ability to carry out its business plan. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company’s ability to identify and complete additional suitable acquisitions to further the Company’s growth as well as risks associated with the medical marijuana industry in general, such as operational risks in development and production delays or changes in plans with respect to development projects or capital expenditures; the uncertainty of the capital markets; the uncertainty of receiving the required licenses, production, costs and expenses; health, safety and environmental risks; marketing and transportation; loss of markets; environmental risks; competition; incorrect assessment of the value of the potential market; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and regulated regulations. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Tethys Petroleum Ltd.: Update on Kazakhstan Loan

Grand Cayman, Cayman Islands–(Newsfile Corp. – April 20, 2018) – Tethys Petroleum Limited (TSXV: TPL.H) (“Tethys” or the “Company”) today announces that its Kazakhstan subsidiary, Tethys Aral Gas LLP (“TAG”), has received notification from Special Financial Company DSFK LLP (“DSFK”) relating to a loan originally provided to Eurasia Gas Group LLP (“EGG”) by Bank RBK JSC (“RBK”) in 2012. Also in 2012, TAG pledged certain of its oil and gas assets as collateral for the RBK loan to EGG including gas pipelines, booster compressor stations and oil gathering facility. EGG was TAG’s former oil customer and advanced certain funds to TAG.

In December 2017, RBK’s loan to EGG was assigned to DSFK. DSFK has written to EGG to demand repayment of the loan because of EGG’s failure to make certain scheduled repayments. DSFK has written separately to TAG regarding EGG’s default and subsequent failure to repay the loan and informed TAG that it will take all measures to collect the debt, including but not limited to court collateral collection on the pledged assets.

TAG has yet to receive full information regarding the EGG debt and is evaluating the legal position in order to protect its pledged assets from possible court collateral collection actions by DSFK and ultimately to have the pledges released.

About Tethys

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

Disclaimer

Some of the statements in this document are forward-looking. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements. No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

Contact Information:

Tethys Petroleum
info@tethyspetroleum.com
www.tethyspetroleum.com