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Silver One Identifies New Targets, Expands Landholdings and Continues Drilling at Its Candelaria Project, Nevada

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Vancouver, British Columbia–(Newsfile Corp. – November 18, 2019) – Silver One Resources Inc. (TSXV: SVE) (OTCQB: SLVRF) (FSE: BRK1) – (“Silver One” or the “Company”) is pleased to announce that a geophysical survey recently completed at its Candelaria Project has identified new exploration targets that may significantly expand the upside potential of the property. The company has also staked 710.7 hectares of new claims to cover the new targets and has acquired 14.6 acres in three patented claims, located within the company’s claims. Consideration for these patents consists of a sum of US$75,000 and US$5,000 in Silver One shares, subject to a 2% NSR that can be purchased for US$50,000 plus US$ 5,000 in Silver One’s shares issued at market price on the date of the issuance. Silver One’s landholdings now total 5,436.7 hectares of patented and Bureau of Land Management (“BLM”) ground (Fig. 1).

The geophysical survey was very successful in identifying new targets not previously identified as well as in mapping structures that may be important controls to the silver mineralization. Preliminary results illustrate that mineralized structures present at Diablo, Northern Belle and Georgine mines, continue 4 km farther to the east and west of the Diablo and Georgine pits respectively. Results also reveal a large magnetic high with a geophysical signature consistent with IOCG deposits. This feature constitutes a major target 5 km long and 1.5 km wide represented by the red area located north of Georgine and Northern Belle pits (Figure 2). Further data processing is currently ongoing, results and interpretation are expected for Q1 2020.

Greg Crowe, President and CEO of Silver One Resources commented, “The results of the geophysical survey are very revealing and valuable, as they point to a completely new target not previously identified which exhibits geophysical characteristics similar to IOCG systems in various parts of the world. IOCG deposits tend to be quite large, typically containing in the order of tens of millions to a few thousand of millions of tonnes of copper-gold and other accessory metal ores. If the IOCG concept is confirmed, it could be a game changer for the long-term future of the project. In relation to the new claims, the area recently staked amply covers the new IOCG target; and the purchase of the three patents adjacent to the Georgine pit, gives Silver One the opportunity to continue consolidating the land within the company’s property.”

The company continues its metallurgical testing with the goal of improving silver recoveries and investigating the best process to economically extract silver from the historic leach pads. Ongoing diamond drilling program is proceeding as planned. Current drill holes are focused on twinning historic holes to use the new results, in combination with validated historic data, to update the historic mineral resource. Subsequent holes will focus on testing the down dip extensions of the mineralization, including the high-grade silver areas identified by SSR in 2001 and the area between Diablo and Northern Belle pits. The along strike extensions, east and west of the Diablo and Northern Belle pits may also be tested.

Figure 1. Property map showing new claims (red perimeter), target areas (green ellipses), new magnetic target (black, red and orange contours north of Georgine pit) and location of pits and resource area.

To view an enhanced version of Figure 1, please visit:
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Figure 2 Total Magnetic intensity – Reduced to the pole map.

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Qualified Person

The technical content of this news release has been reviewed and approved by Greg Crowe, P. Geo, President and CEO of Silver One, and a Qualified Person as defined by National Instrument 43-101.

About Silver One

Silver One is focused on the exploration and development of quality silver projects. The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-producing open pits.

The Company has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 16 km along-strike.

In addition, the Company also holds a 100% interest in three significant silver assets located in Mexico – Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango, acquired from First Mining Gold, one of the Company’s largest shareholders.

For more information, please contact:

Silver One Resources Inc.
Gary Lindsey
Phone: (720) 273-6224
Email: gary@strata-star.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silver One’s control. Such factors include, among other things: risks and uncertainties relating to Silver One’s limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on the Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.

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.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49794

miEdge Prospector launches on the Salesforce AppExchange

miEdge Prospector provides for native prospect search from within Salesforce using the rich insurance profile data provided by miEdge

BEDFORD, NH, November 16, 2019 /24-7PressRelease/ — miEdge, the premier provider of prospecting data and analytic solutions to the insurance and financial industry, announced today the release of miEdge Prospector. miEdge Prospector is the 13th Lightning Data app available on the salesforce.com AppExchange. With enhanced integration designed specifically for Salesforce Lightning, miEdge Prospector provides for native prospect search from within Salesforce using the rich insurance profile data provided by miEdge. Finding prospects that you don’t currently have identified is now solved with an innovative “Net Diff” feature that specifically targets prospects that don’t exist in your current Salesforce environment.

In addition to the new search capability, customers have the ability to append their current Salesforce leads and accounts with insurance focused information from both the miEdge Employee Benefits and Property & Casualty platforms. The miEdge Smart ID (MSID) uniquely identifies each employer and ties together relevant miEdge data points spanning health and wellness, retirement, property and casualty, compliance, and risk. These MSID profiles offer comprehensive, timely and accurate insights to optimize the selection of potential prospects, understand competitive dynamics, and identify relevant influencers and decision-makers.

Mark Smith, Founder & CEO said, “We are proud to be the 13th app approved in the highly sought-after Lightning Data category and the only insurance-focused data provider listed there. miEdge Prospector now provides unprecedented, seamless integration between miEdge data and salesforce.com, and builds on the many successful customer integrations since we first launched our salesforce.com integration in February 2017.”

A unique, customizable field mapping process inside miEdge Prospector provides for easy integration with both leads and accounts. miEdge uses its proprietary business logic and unique numbering system to provide the cleanest and most up to date insurance profile information in the market. miEdge Enterprise subscribers now have the combined benefits of both the data-rich miEdge prospecting solution and the full range of Salesforce tools for an unprecedented competitive advantage.

miEdge Prospector is available to licensed miEdge customers and can be found on the Salesforce Lightning Data AppExchange.

About miEdge
miEdge™ is the premier provider of lead generation, data analytics and prospecting solutions specifically designed for the insurance & financial service industry. The innovative miEdge™ solution utilizes multiple data sources and applies proprietary business logic, along with algorithms, machine learning and data cleansing to provide unrivaled data intelligence in an easy to use intuitive interface. miEdge technology solutions include its industry leading fully mobile enabled Employee Benefits and Property & Casualty prospecting platforms, all seamlessly integrated into your Salesforce or Dynamics CRM. Other CRM platforms are available and enterprise wide bulk data via API’s or secure web delivery. Visit www.miedge.biz to learn more.

Aftermath Silver Ltd.: Undertaking from 217643 Ontario Ltd.

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Vancouver, British Columbia–(Newsfile Corp. – November 15, 2019) – Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: FLMZF) (the “Company” or “Aftermath Silver“) announces that further to the Company’s news release dated November 14, 2019, 2176423 Ontario Ltd. has provided its written undertaking to the Company to not exercise any share purchase warrants issued under the Private Placement to the extent that such exercise would result in 2176423 Ontario Ltd. owning, on exercise, more than 20% of the then-issued shares of the Company. As a result, the reference in the news release to the percentage of shares held on a “partly diluted basis” is indicative only. In reliance on the undertaking given by 2176423 Ontario Ltd, the Company does not intend to seek disinterested shareholder approval for the Unit subscription since a new control person will not be created.

ON BEHALF OF THE BOARD OF DIRECTORS

Ralph Rushton”

Ralph Rushton President / CEO
604-484-7855

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49805

MG Capital and DLP Resources Announce Closing of Qualifying Transaction

Calgary, Alberta–(Newsfile Corp. – November 15, 2019) – MG Capital Corporation (TSXV: MGX.P) (“MG” or the “Corporation“) and DLP Resources Inc. (“DLP“) are pleased to report that they have closed their previously announced business combination which resulted in a reverse take-over of MG by the shareholders of DLP and which constituted MG’s Qualifying Transaction, as defined under TSX Venture Exchange Policy 2.4 – Capital Pool Companies (the “Transaction“). The common shares of MG (the “MG Shares“) are expected to resume trading on the TSX Venture Exchange (the “TSXV“) in the near future at a date to be determined.

The Transaction proceeded by way of a three cornered amalgamation (the “Amalgamation“) pursuant to which DLP amalgamated with 1224395 B.C. Ltd., a wholly-owned subsidiary of MG incorporated under the laws of the Province of British Columbia, and MG acquired all of the issued and outstanding Class A Common Shares of DLP (the “DLP Shares“). The amalgamated entity became a wholly-owned subsidiary of MG and the shareholders of DLP were issued one MG Share in exchange for every one DLP Share held immediately prior to the completion of the Transaction. Each outstanding common share purchase warrant of DLP (each a “DLP Warrant“) was also exchanged for one common share purchase warrant of MG (“MG Warrants“) on the same terms and conditions as the original security.

Upon completion of the Transaction, there are an aggregate of 50,558,131 MG Shares issued and outstanding in the capital of the Corporation, of which the existing shareholders of MG hold approximately 10.9% in the capital of the Corporation, and the former shareholders of DLP hold approximately 89.1% in the capital of the Corporation, respectively.

Additional details immediately following the Transaction are as follows:

  • 5,510,000 MG Shares are held by existing MG shareholders;
  • 32,000,000 MG Shares are issued to DLP shareholders in exchange for DLP Shares;
  • 1,323,131 MG Shares are issued to DLP shareholders in exchange for flow-through common shares of DLP (“DLP FT Shares“) issued at a price of $0.13 per DLP FT Share;
  • 9,800,000 MG Shares and 4,900,000 MG Warrants are issued to DLP shareholders in exchange for units of DLP (“DLP Units“) issued at a price of $0.10 per DLP Unit. Each MG Warrant entitles the holder thereof to acquire one additional MG Share at an exercise price of $0.15 per MG Share for a period of 24 months from the closing of DLP’s private placement completed on October 11, 2019 (the “Financing“);
  • 1,925,000 MG Shares are issued to Haywood Securities Inc. (“Haywood“) as the finder’s fee payable in connection with the Financing;
  • 525,000 MG Warrants (“Unit Finder Warrants“) are issued to Haywood in exchange for DLP Warrants, which is equal to 7.5% of the gross proceeds raised in respect of the Financing and the issuance of DLP Units, divided by $0.10. Each Unit Finder Warrant entitles Haywood to acquire one MG Share at an exercise price of $0.10 per MG Share for a period of 24 months from the closing of the Financing; and
  • 49,042 MG Warrants (“FT Finder Warrants“) are issued to Haywood in exchange for DLP Warrants, which is equal to 7.5% of the gross proceeds raised in respect of the Financing and the issuance of DLP FT Shares, divided by $0.13. Each FT Finder Warrant entitles Haywood to acquire one MG Share at an exercise price of $0.13 per MG Share for a period of 24 months from the closing of the Financing.

Upon completion of the Transaction, all directors and officers of MG have resigned and were replaced by nominees of DLP, as follows (i) James Stypula – Chief Executive Officer and Director; (ii) Robin Sudo – Chief Financial Officer and Corporate Secretary; (iii) William Bennet – Director; and (iv) Richard Zimmer – Director.

In connection with the closing of the Transaction, MG’s newly appointed board of directors approved the appointment of BDO Canada LLP as auditor of the Corporation and accepted the resignation of KPMG LLP. KPMG LLP resigned as auditor at MG’s request and there were no reservations or modified opinions on any of the Corporation’s financial statements since KPMG LLP was appointed as auditor of the Corporation, nor, in the opinion of the Corporation, were there any “reportable events” as defined in National Instrument 51-102 during such period.

Complete details of the terms of the Transaction are set out in the filing statement of MG dated as of October 31, 2019, available on SEDAR under MG’s profile at www.sedar.com.

Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the Transaction, any information released or received with respect to the proposed Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of MG should be considered highly speculative. The TSXV has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

Information Concerning DLP

DLP is a natural resource company formed under the laws of the Province of British Columbia on June 7, 2019. DLP’s principal business activity is in the ownership and management of mining assets in British Columbia, Canada. It owns 100% of an exploration-stage property located northeast of Golden B.C., which is prospective for copper and cobalt. DLP also owns a 100% interest in other exploration-stage properties of merit located in the Cranbrook-Creston corridor, which are of interest due to their lead, zinc and silver potential.

Information Concerning MG

MG exists under the provisions of the Business Corporations Act (Alberta) with its registered and head office in Banff, Alberta. Prior to completion of the Transaction, MG was a capital pool company and the Transaction constitutes its “Qualifying Transaction” as such term is defined in the policies of the TSXV. MG is a “reporting issuer” within the meaning of the Securities Act (British Columbia) and Securities Act (Alberta).

For further information regarding the Transaction, please contact:

MG Capital Corporation
Robin Sudo
Chief Financial Officer and Corporate Secretary
Telephone: 250-426-7808
Email: robinsudo@dlpresourcesinc.com

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

The TSXV has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the receipt of final regulatory approvals and the business and operations of DLP and MG after the Transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive regulatory approvals. 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. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MG and DLP assume no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49800

Ollie’s Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Ollie’s Bargain Outlet Holdings, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – November 15, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (“Ollie’s” or the “Company”) of the November 18, 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 Ollie’s stock or options between June 6, 2019 and August 28, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/OLLI. 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 Ollie’s securities between June 6, 2019 and August 28, 2019 (the “Class Period”). The case, Stirling v. Ollie’s Bargain Outlet Holdings, Inc., No. 19-cv-08647 was filed on September 17, 2019, and has been assigned to Judge J. Paul Oetken.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to build and maintain an effective supply chain system, impacting the availability of inventory for new stores.

On August 28, 2019, Ollie’s reported that comparable store sales decreased 1.7% during second quarter 2019. In addition, Ollie’s disclosed that a “bottleneck issue” had existed in its supply chain “for most all of Q2” and was not corrected until “the last week of the quarter.”

On this news, Ollie’s’s share price fell from $77.77 per share on August 28, 2019 to a closing price of $56.36 on August 29, 2019: a $21.41 or a 27.53% 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 Ollie’s’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/49795

Farfetch Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Farfetch Limited To Contact The Firm

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New York, New York–(Newsfile Corp. – November 15, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Farfetch Limited (NYSE: FTCH) (“Farfetch” or the “Company”) of the November 18, 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 Farfetch stock or options pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s September 2018 initial public offering (“IPO” or the “Offering”), and would like to discuss your legal rights, click here: www.faruqilaw.com/FTCH. 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 Farfetch securities pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s September 2018 initial public offering. The case, Omdahl v. Farfetch Limited, No. 19-cv-08657 was filed on September 17, 2019 and has been assigned to Judge Alison J. Nathan.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by issuing a Registration Statement that was false and misleading and omitted to state material adverse facts. Specifically, Defendants failed to disclose to investors: (1) that large scale online wholesale was reasonably likely to lead to pricing volatility and heavy promotions of luxury goods; (2) that the Company’s core business was vulnerable to such pricing pressures; (3) that the Company would aggressively pursue acquisitions to remain profitable; and (4) 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, Farfetch reported a larger-than-expected loss of $89.6 million for second quarter 2019. The Company also announced a $675 million acquisition of New Guards Group and that its Chief Operating Officer had resigned.

On this news, Farfetch stock fell from $18.12 on August 8, 2019 to $10.13 on August 9, 2019-a $7.99 or 44.10% 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 Farfetch’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/49796

LIPOCINE DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Lipocine Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – November 15, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Lipocine Inc. (NASDAQ: LPCN) (“Lipocine” or the “Company”) of the January 14, 2020 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 Lipocine stock or options between March 27, 2019 and November 8, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/LPCN. 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 District of Utah on behalf of all those who purchased Lipocine securities between March 27, 2019 and November 8, 2019 (the “Class Period”). The case, Abady v. Lipocine Inc. et al., No. 19-cv-00906 was filed on November 14, 2019, and has been assigned to Magistrate Judge Paul M. Warner.

Lipocine’s lead product candidate is TLANDO (LPCN 1021), an oral testosterone replacement therapy. The Company has previously submitted New Drug Applications (“NDA”) for TLANDO twice and, both times, received Complete Response Letters (“CRL”) from the U.S. Food and Drug Administration (“FDA”) rejecting the NDAs. The Company received the first CRL in June 2016 and the second in May 2018.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (i) the results from Lipocine’s clinical studies of TLANDO were insufficient to demonstrate the drug’s efficacy; (ii) accordingly, Lipocine’s third NDA for TLANDO was highly likely to be found deficient by the FDA; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On November 11, 2019, Lipocine issued a press release announcing receipt of a CRL from the FDA regarding its NDA for TLANDO (the “November 2019 Press Release”). In that press release, Lipocine advised investors that the FDA had again rejected the NDA for TLANDO-this time because an efficacy trial had not met three of its secondary endpoints.

On this news, Lipocine’s share price fell from $2.73 per share on November 8, 2019 to a closing price of $0.80 on November 11, 2019: a $1.93 or a 70.7% 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 Lipocine’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/49797

BLACK KNIGHT INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Black Knight, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – November 15, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Black Knight, Inc. (NYSE: BKI) (“Black Knight” or the “Company”).

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If you invested in Black Knight stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/BKI. 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

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/49798

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

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New York, New York–(Newsfile Corp. – November 15, 2019) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Plantronics, Inc. (NYSE: PLT) (“Plantronics” or the “Company”) of the January 13, 2020 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 Plantronics stock or options between July 2, 2018 and November 5, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/PLT. 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 California on behalf of all those who purchased Plantronics securities between July 2, 2018 and November 5, 2019 (the “Class Period”). The case, Bassuk v. Plantronics, Inc. et al., No. 19-cv-07481 was filed on November 13, 2019.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose to investors: (1) that the Company had engaged in channel stuffing to artificially boost sales; (2) that the Company’s internal control over inventory levels was not effective; (3) that the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) 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.

During after-market hours on November 5, 2019, the Company disclosed a $65 million reduction in channel inventory “by reducing sales to channel partners” and slashed its fiscal 2020 guidance, expecting revenue between $1.72 billion and $1.81 billion and adjusted EBITDA between $282 million and $323 million. Plantronics also reported that its Executive Vice President of Global Sales was leaving the Company.

On this news, Plantronics’s share price fell from $39.44 per share on November 5, 2019 to a closing price of $25.00 on November 6, 2019: a $14.44 or a 36.6% 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 Plantronics’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/49799

Zonetail Announces that Errol Farr has been appointed to the Board of Directors

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Toronto, Ontario–(Newsfile Corp. – November 15, 2019) – Zonetail Inc. (TSXV: ZONE) (the “Company” or “Zonetail”) announces that Errol Farr, Zonetail’s Chief Financial Officer, has joined Zonetail’s Board of Directors.

Mr. Farr is a seasoned financial professional with over 35 years of experience in financial management and reporting, operations, business optimization and strategy development. In addition to being Zonetail’s CFO, Errol is currently is CFO and Corporate Secretary of three other TSX-V listed companies and a former member of the board of directors of Adex Mining Inc. and Flexwork Properties Inc.

Errol’s appointment to the board coincides with the accepted resignation of Adam Topp from the board.

Mr. Topp stated, “Unfortunately, given my time constraints and distance from Toronto, I am not able to devote the time necessary to fulfill my obligations to the Board and Zonetail in a manner that I believe is sufficient.”

Mark Holmes, President and CEO of the Company, said, “We respect Adam’s decision, and we certainly thank him for all he has done for the Company. We wish him the best of luck in his future endeavors.” Holmes went on to say, “We are pleased that Errol Farr, has accepted the position on the Board of Directors to replace Mr. Topp. Having someone with Errol’s experience and abilities will be a great addition to the board, and we welcome him.”

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement. Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49792