Search Blog
February 2020
« Jan    


iuvo Technologies Named to CRN’s 2020 MSP500 List

iuvo Technologies was awarded the Pioneer 250 award, an award that specifically honors Managed Service Providers who are focused primarily on the SMB market.

BOSTON, MA, February 25, 2020 /24-7PressRelease/ — iuvo Technologies, Boston’s premier white-glove IT consulting and managed services provider, was named to the CRN® 2020 Managed Service Provider (MSP) 500 list in the Pioneer 250 category. This popular list identifies North American solution providers that deliver operational efficiencies, IT system improvements, and a higher rate of return on investments for their customers. The list recognizes MSPs who work tirelessly to guide their customers and create solutions for complex IT issues. MSP500 honorees are forward-thinking organizations advancing the IT channel landscape.

When asked about winning this award iuvo Technologies’, President & CEO, Bryon Beilman said, “For the last 13 years, we have been heads down focusing on building a great company that breaks the mold of the typical Managed Service Provider. It is great to look up and realize that we have indeed built something that provides tremendous value to our customers. This award provides some external validation that our hard work is paying off.” He continued, “There are hundreds of Managed Service Providers in MA, and thousands in the US and very few are providing the level of service and innovative thinking that we are doing. This honor reminds us that if we keep focusing on the customer our company will thrive.”

We are elated to continue to add recognition for our efforts and to win this prestigious award! We are fully committed to our people and our clients and can’t wait to see what the future holds.

The MSP500 list will be featured in the February 2020 issue of CRN and online at

The full list of winners is here:

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace.

About iuvo Technologies
iuvo Technologies is a Boston-based IT consulting company and managed services provider providing elegant, white-glove IT services and solutions to help businesses scale, increase efficiency and solve other business problems. Our core belief is technology should elevate your business results. Managed Services, IT Consulting, IT Strategy, Virtual CIO, DevOPS, Business Continuity, Security services and more are part of our offerings to make our clients successful. Have you ever wondered what you should be doing differently with your IT? Contact us with an issue and we will give you two complimentary hours of our time solving it so you can see how we work and the value we can add.

Overtime Rule Now in Effect

Businesses Now Required to Pay Overtime for Lower Salaried Employees as of Jan.1, 2020

JOHNS CREEK, GA, February 25, 2020 /24-7PressRelease/ — The U.S. Department of Labor publicized a final rule making 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (FLSA). The new overtime rule is now in effect and will not be reversed as it previously was three years ago. It is now more important than ever that businesses make sure they are compliant with this new law. In 2016 a very similar ruling was halted just a few days before it would go into effect on Dec. 1, 2016. The main reason for the halt was the radical movement of the minimum base salary more than doubling. Therefore, the Department of Labor (DOL) reviewed the current law, which had not been updated for decades (although an attempt was made in 2016), asked for input in mid 2019 and announced a final ruling for the new overtime law that was effective Jan. 1, 2020.

Now What?

Companies need to immediately evaluate the minimum salaries they pay their exempt workers (not qualified for minimum wage or overtime pay) and make a decision to either increase pay or move them to the non-exempt (must be paid for every hour of overtime they work) pay classification if they are below an annual salary of $35,568. In 2019, the threshold for exempt employees was $23,770 annually. However, in January 2020 that new minimum salary increased to $35,568. It’s estimated that over two million employees are affected by this law.

Salary level alone is not the only factor to consider when classifying an employee of an “exempt” status. There are specific written definitions known as the Duties Test to meet as well as the salary threshold.

The Duties Test has six major categories as listed below. A small definition is provided to give perspective to meeting one of these duties along with meeting the salary requirement to qualify a person to be classified as exempt in your organization.

A Short Summary of the Duties Test Criteria:

The employee’s primary duty must be to manage the enterprise, one or more departments, or direct reports. This person must have authorization to hire and fire other employees or give substantial weight if it is a senior level team decision. This person is normally a “C” level or very senior person in the organization.

In this role, the employee’s key duty is to manage one or more direct reports. This person must have authorization to hire and fire other employees or give substantial input if it is a senior level team decision. This position should not do a majority of their work that is performed by non-exempt employees.

An experienced professional must apply work that requires advanced knowledge, is predominately intellectual or creative in nature, and which requires discretion and judgement.

This group of exempt employees’ primary duties must be to perform office or non-manual work directly related to the management or general business operations of the employer or its customers. This classification needs to demonstrate the incumbent’s primary duties including the exercise of discretion and independent judgement. By not merely following a process and making decisions on their own could result in substantial cost to the company.

This defines employees that include computer analysts, computer programmers, software engineers or similarly skilled workers in the computer field that develop, document, analyze, create, test or modify computer systems, programs, prototypes, and design specifications.

Outside Sales
This defines those with the primary duty of making sales and obtaining orders, including the development of contracts for services and products (customarily and regularly) and are engaged away from the employer’s place of business in performing this duty.

Once the employee meets both the salary requirement and the Duties Test, the Labor Department states that in most cases (not including outside sales), each pay period an exempt individual regularly receives a predetermined amount of compensation, not subject to reduction because of quality or quantity of the employee’s work. Also, to verify the salary threshold, and qualify the amount in the minimum compensation test, no more than 10% bonus or commission payments can be used in that calculation.

What to Do

The first step is to prepare a report from payroll to determine which employees are classified as exempt, as well which are paid less that the minimum of $35,568 annually. From there, if you have a few individuals that warrant a small annual increase early, they will meet the new standard. Take action immediately to be in compliance with the new law. Those workers who do not come close to the minimum salary requirement, or do not meet the duties test, you will need to re-classify as non-exempt. In order to do that, you need to determine their hourly wage. If the incumbent in the job does not have a history of working overtime (over 40 hours a week) then the typical conversion is dividing their annual salary by 2,080 and that calculates the hourly wage to convert them to. For employees that you have determined to work over 40 hours, add their annual hours of probable overtime to the 2,080 number before you divide by their salary.

Department of Labor employee claims result in hundreds of millions of dollars of fines, penalties and back wage payment for companies that have their employees misclassified. If you’re unaware of how your business must be structured to meet compliance rules and regulations, make it a top priority to ask a professional HR firm, like Flex HR to complete an audit for you.

Take the right steps to confirm your company is compliant with current rules and regulations. For more information, visit Flex HR now.

Flex HR, Inc. is an Atlanta, GA based full service, Human Resources firm, supporting any and all HR management functions. Our comprehensive offering includes high-level strategic consulting and planning, HR back office administration, regulatory compliance, organizational development, benefit solutions, mergers, recruiting, training, payroll, employee websites, ethics hotline and administration, risk management, and human capital consulting and outsourcing, to name a few. Flex HR delivers intelligent HR expertise allowing companies to concentrate on their internal resources to grow their core business.

Human resources is a complex business function. Government regulations, environmental health concerns and workplace safety are among the hot topics companies must address in their employment policies and practices. Flex HR serves almost every industry in all 50 states, including Georgia, Florida, California, North Carolina, and Tennessee, as well as Puerto Rico, the Virgin Islands, Canada and Europe supporting U.S. subsidiaries of foreign owned companies.

HeyBryan AGM Resolutions Passed, Board Welcomes New Directors

Cannot view this image? Visit:

Vancouver, British Columbia–(Newsfile Corp. – February 25, 2020) –

HeyBryan Media Inc. Annual General Meeting

To view an enhanced version of this graphic, please visit:

The directors elected to return and serve for the ensuing year are Lance Montgomery, Michael Stulp and Spiros Margaris. Two new directors elected to the board are Rita Theil and Lianne Hannaway. Penny White did not stand for re-election as a director but continues to work with the Company as a consultant.

Rita Theil is a highly experienced investment banking executive with substantial board experience. Ms. Theil started her professional career as a lawyer with Davies Ward Phillips & Vineberg LLP in Toronto, before relocating to London, United Kingdom where she held a variety of investment banking roles at Dresdner Kleinwort and Citigroup. Ms. Theil has almost 30 years experience in both private and public companies, including with Scottish Water plc, Sierra Geothermal Corp., Threshold Power Trust, Global Water Resources, Allstate Insurance Company of Canada and NewGen Asset Management. Ms. Theil holds a Bachelor of Social Science, an LLB and an MBA; all from the University of Ottawa.

Lianne Hannaway is an experienced financial and accounting executive, After working at KPMG LLP Ms. Hannaway joined the TMX Group, which owns Canada’s most prominent financial exchanges, where she held a variety of senior roles including acting as CFO for Shorcan-TMX (a subsidiary), and as Corporate Controller and Finance Director, Capital Markets, and then Managing Director, Business Finance and Controller for TMX Group. She previously served as a Member on the Board of Governors for Humber College. She has extensive experience advising on diversity issues, financial transformation at the corporate level and cross-functional collaboration in complex environments. Ms. Hannaway holds an Honours Bachelor of Mathematics and Master of Accounting, both from the University of Waterloo.

Mike Stulp, a director of HeyBryan since 2018, has over 15 years of experience in financial management and is currently the CFO of the Baeumler Group of Companies, overseeing Baeumler production and distribution for the Bryan Baeumler television shows in over 30 countries. Mr. Stulp holds an honors Bachelor degree in Business Administration from the University of Guelph-Humber.

Spiros Margaris, a director of HeyBryan since 2018, is a thought leader in the FinTech, blockchain and InsurTech industries, and was ranked No. 1 global influencer by Onalytica across all three categories. He is a frequent speaker at international FinTech and InsurTech conferences and publishes articles on innovation and thought leadership. Mr. Margaris has over 25 years of extensive financial experience in investment management and financial statement analysis and is the Founder of Margaris Ventures, a venture capitalist and advisory firm. Mr. Margaris holds an MBA from the University of Toronto.

Lance Montgomery, a director and President and CEO of HeyBryan, has spent over 15 years building organizations from early stage to acquisition. He has led multiple agency teams serving global brands across the continent and signing clients such as Keurig, 7-11 and Prana. In his latest role he led a full service agency that supported the largest Telco in Canada. Mr. Montgomery also has a significant technology industry background with end-to-end marketing & sales experience and success building top-tier technology teams. He was Managing Director at Cossette Inc, a marketing and advertising firm, Managing Director at Idea Rebel Interactive Inc., and Vice President of Business Development at MediaValet Inc., a digital asset management company. He has been involved in numerous app builds, such as BMW, Converse, infinity, Wiiv, and the 7-11 rewards app.

About HeyBryan Media Inc.:

HeyBryan Media (CSE: HEY) is a peer-to-peer marketplace app offering a friendly and seamless way for customers to connect with trusted and vetted Experts for everyday home-maintenance needs. Founded in 2018, the app is named after Canadian HGTV personality and one of the country’s most trusted contractors, Bryan Baeumler.

Payments are processed through the HeyBryan app, eliminating the need for any in-person money exchange. Every Expert is background checked and credit checked to ensure a safe and secure experience for consumers. Typical tasks booked include handyman services, mounting or installation, furniture assembly, plumbing, painting, cleaning, lawn and yard maintenance, and more. HeyBryan accommodates busy schedules by allowing the independent workforce and consumers to communicate and work together. It’s about real experts doing real work for real people.

Investor Relations Contacts:

Lance Montgomery, President & CEO

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward-looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs 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 risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, intellectual property protection, and sale of, and demand for, the HeyBryan App and the services offered thereby, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets. HeyBryan cautions readers not to place undue reliance on forward-looking statements provided by HeyBryan, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and HeyBryan expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit

HFH Signs Contracts to Plant 150 Ha of Hemp in Sienna Province, Italy

Corporate Logo

Vancouver, British Columbia–(Newsfile Corp. – February 25, 2020) – HEMP FOR HEALTH INC. (CSE: HFH) (FSE: 9HH) (the “Company” or “HFH”), a cultivator and distributor of premium CBD products in Italy and other European countries, is pleased to announce that it has signed cultivation contracts with four different agriculture companies for the 2020 growing season.

The contracts to cultivate hemp on approximately 150 Ha of farmland in the Sienna province of Italy are expected to yield approximately 100,000 kilos of biomass and 12,000 kilos of dried flower (please see press release February 12, 2020). These contracts are based on a 5-year initial agreement with the option to renew for an additional 5 years including planting, watering, harvesting and natural fertilizers.

“These contract agreements are the first step in allowing our Company to bring an expanded offering to market, creating innovative products to deliver exceptional CBD experiences to consumers,” reported Robert Eadie, C.E.O. and Director of the company.

About Hemp for Health Inc.:

Hemp for Health is a cultivator and distributor of premium CBD products contracting farmers in the Tuscan region of Italy for the purpose of yielding the highest quality hemp-based CBD. Our focus is to offer the absolute best in natural and organic CBD products to our customers, and that starts with pristine soil, seeds, and sun. (See further details available in the Company’s filings on SEDAR.

(sgd.) Robert Eadie
President & CEO

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Telephone: 416-640-1936 x 203
Toll Free: 1-866-602-4935

Reader Advisory

Except for statements of historical fact, this news release contains certain “forward-looking statements” within the meaning of applicable securities law. In particular, forward-looking statements in this press release include, but are not limited to, statements with respect to (i) the planting and harvesting of certain quantities of hemp during 2020, and (ii) the monetization of the Company’s current inventory of hemp. In connection with the forward-looking statements, the Company has made numerous assumptions regarding, among other things: the ability to plant, grow and harvest hemp without significant loss due to adverse weather conditions or natural disasters. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant risks, uncertainties and contingencies which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained herein. Risk factors include: general risks associated with agriculture including drought, infestation, fire, hail, flooding, and factors beyond the control of the Company; a material increase in the supply of hemp, regionally or worldwide which depresses the general price for hemp and hemp derived products; unanticipated operating delays or halts; competition from other growers or suppliers; failure to obtain or maintain all required approvals from regulatory authorities; and changes in regulations related to the growing, processing and distribution of hemp and hemp related products. A more complete discussion of the risks and uncertainties facing the Company is disclosed in its prospectus dated November 1, 2019 as filed on SEDAR. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.

To view the source version of this press release, please visit

Chalice Gold Mines Announces Participation in Red Cloud’s 2020 Pre-PDAC Mining Showcase

Toronto, Ontario–(Newsfile Corp. – February 24, 2020) – Chalice Gold Mines (ASX: CHN) is pleased to announce that the company will be presenting at Red Cloud’s 2020 Pre-PDAC Mining Showcase in Toronto.

The Event will be held at Omni King Edward Hotel, 37 King St. E., Toronto, Ontario on Friday, February 28, 2020.

For more information and/or to register for the conference please visit:

We look forward to seeing you there.

For further information:

Chalice Gold Mines
Alex Dorsch
+61 8 9322 3960

GreenStar Biosciences Announces New CEO and Board Changes

Corporate Logo

Vancouver, British Columbia–(Newsfile Corp. – February 24, 2020) – GreenStar Biosciences Corp. (CSE: GSTR) (OTC Pink: GTSIF) (“GreenStar” or the “Company“), is pleased to announce the appointment of Mr. Thomas Baird as Chief Executive Officer and director of the Company. Mr. Baird’s appointment is a key step in furthering GreenStar’s next phase of expansion. Mr. Baird replaces Mr. Rahim Rajwani who resigned as CEO and director but will continue providing strategic direction to the Company with his new appointment as Chairman of the Company’s Strategic Advisory Board, concentrating on executing its pipeline of M&A initiatives and strategic partnerships.

Tom is a seasoned CEO and strategy executive who has led a number of small and medium sized businesses. He has also led corporate development and product management organizations for both publicly traded and private companies such as TRW Inc. (now Northrop Grumman), Reynolds and Reynolds and Mitchell International. Tom’s deep skill set and adaptability have allowed him to lead companies in a broad spectrum of sectors including cannabis, consumer applications, and manufacturing. He is an experienced M&A specialist who has led corporate development teams executing strategies that dramatically enhanced shareholder value. Most recently, Tom was a co-founding partner of a licensed California cannabis manufacturer.

Further to the appointment of Mr. Baird, the Company has granted stock options to acquire a total of 500,000 common shares of the Company to Mr. Baird. The options are exercisable at a price of $0.06 per share and expire two years from the date of grant. The options are subject to vesting provisions where the options fully vest three months from the grant date.

“I am excited to join GreenStar as it enters its next phase of growth. My goal is to build upon the achievements made in 2019 and I am excited to make a significant impact as we continue with the Company’s expansion plans by growing operations in the U.S. through new partnerships and other strategic initiatives,” said Tom Baird, CEO of GreenStar.

Leighton Bocking, director for the Company said, “We are extremely pleased to continue building our executive and advisory group with accomplished industry veterans. Tom has proven leadership, business development and long-term strategic planning skills that will complement our existing team. In particular, his experience with cannabis and consumer applications, together with his proven track record of executing growth strategies will provide immediate impact to the Company and enhance shareholder value. We are excited that Rahim will concentrate on M&A and strategic partnership initiatives by serving as Chairman on the Strategic Advisory Board.”

About GreenStar

GreenStar is a growth-oriented technology and services company that provides real estate, financial, management, IP and branding support to licensed cannabis businesses in the United States. The Company operates a growing portfolio of tenant partner companies in the United States. GreenStar applies refined strategies tested in the Washington State market to help partner companies reach their full potential. Based in Vancouver, BC, GreenStar intends to facilitate growth through acquisitions and development of additional assets, products and technologies in legal cannabis markets by leveraging its capital markets, branding and operational expertise.

For further information please contact:

GreenStar Biosciences Corp.
Thomas Baird, CEO
Tel: (604) 834-9499


Disclaimer for Forward Looking Statements

This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as will”, may”, should”, anticipate”, expects” and similar expressions. All statements other than statements of historical fact, included in this release, including statements regarding the future plans and objectives of the Company, the Companys expansion initiatives and pursuit of M&A activity are forward looking statements that involve risks and uncertainties. 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. Important factors that could cause actual results to differ materially from the Companys expectations are risks detailed from time to time in the filings made by the Company with securities regulations. Readers are cautioned that assumptions used in the preparation of the forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including changes to the regulatory environment; and that the current Board and management may not be able to attain the Company’s corporate goals and objectives. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made only as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as expressly required by applicable Canadian securities laws.

To view the source version of this press release, please visit

North American Nickel Grants Incentive Stock Options

Vancouver, British Columbia–(Newsfile Corp. – February 24, 2020) – North American Nickel Inc. (TSXV: NAN) (OTCQB: WSCRF) (CUSIP: 65704T 108) (the “Company” or “NAN”) announces it has granted incentive stock options to certain directors, officers, employees and consultants of the Company.

The Company has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to 6,650,000 common shares in the capital of the Company pursuant to the Company’s stock option plan. All of the options are exercisable for a period of five years at an exercise price of $0.16 per share.

About North American Nickel

North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Ontario, Canada.

The Maniitsoq property in Greenland is a Camp scale permitted exploration project comprising 3,048 square km covering numerous high-grade nickel-copper + cobalt sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The >75km-long belt is situated along, and near, the southwest coast of Greenland accessible from the existing Seqi deep water port with an all year-round shipping season and hydroelectric power potential from a quantified watershed.

The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.

The Company recently completed an earn-in agreement with the option to acquire 100% ownership of property near Timmins, Ontario known as Loveland Nickel. The property is underlain by a mineralized differentiated mafic-ultramafic intrusion that hosts the historic non 43-101 compliant Enid Creek historic resource estimate. The Company has also acquired 100% ownership of property near the southern extent of the Lingman Lake Greenstone Belt in northwest Ontario known as Lingman Nickel and in the Quetico region near Thunder Bay Ontario. The acquisition of these properties are part of the company’s strategy to develop a pipeline of new nickel projects. The Company is evaluating direct and indirect nickel asset acquisition opportunities globally.


Keith Morrison
Chief Executive Officer
North American Nickel Inc.

For more information contact:

North American Nickel Inc.
Jaclyn Ruptash
Corporate Communications
+1 (604) 770-4334
Toll free: 1-866-816-0118

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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation concerning the business, operations and financial performance and condition of the Company. Forward-looking statements and forward-looking information includes, but is not limited to, statements about the ability of the Company to access capital to satisfy the fees and expenditures under the earn-in agreement, the ability of the Company to complete the expenditures under the earn-in agreement, spending commitments, the success of exploration activities, the future economics of minerals including nickel and copper, the benefits of the development potential of the properties of the Company, the benefits of drilling and advancement of projects, engagement and dialogue with First Nations groups and formalizing the scope of work. Forward-looking information is 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 information, including the risks identified in the Company’s disclosure documents available at 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 information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed.

To view the source version of this press release, please visit

SEC Updates List of Firms Using Inaccurate Information to Solicit Investors

Washington, D.C.–(Newsfile Corp. – February 24, 2020) – The Securities and Exchange Commission today announced that it updated its Public Alert: Unregistered Soliciting Entities (PAUSE) list by adding 25 soliciting entities and four fictitious regulators. Additionally, the SEC is announcing enhancements to the PAUSE website, where the SEC provides the list of entities that falsely claim to be registered, licensed, and/or located in the United States, as well as entities that impersonate genuine U.S. registered securities firms and fictitious regulators, governmental agencies, or international organizations. This will allow Main Street investors to better inform themselves and avoid being victims of fraud.

The entities on the PAUSE list have been the subject of investor complaints. The latest additions are firms that SEC staff found were providing inaccurate information to solicit primarily non-U.S. investors about their affiliation, location, or registration. Under U.S. securities laws, firms that solicit investors generally are required to register with the SEC and meet minimum financial standards and disclosure, reporting, and recordkeeping requirements.

“Today’s updates to the PAUSE list reflect one way the Commission uses tips and complaints to protect and inform Main Street investors,” said Jennifer Diamantis, Chief of the SEC Enforcement Division’s Office of Market Intelligence. “The new enhancements to the PAUSE website will allow investors easy access to resources to help protect their investments and avoid fraud.”

The enhanced PAUSE website is now more streamlined and user-friendly with revised descriptions, relevant educational material, and new search capabilities. Furthermore, the new layout allows investors using internet search engines to easily find the Public Alerts.

In addition to alerting investors to firms falsely claiming to be registered, the PAUSE list flags those impersonating registered securities firms and fictitious “regulators” who falsely claim to be government agencies or affiliates. Inclusion on the PAUSE list does not mean the SEC has found violations of U.S. federal securities laws or made a judgment about the merits of any securities being offered.

The PAUSE list is periodically updated by the Office of Market Intelligence in coordination with the Office of Investor Education and Advocacy and the Office of International Affairs.

Roscan Announces RSU/DSU Plan and New Stock Option Plan

Toronto, Ontario–(Newsfile Corp. – February 24, 2020) – Roscan Gold Corporation (TSXV: ROS) (the “Company”) announces that the board of directors of the Company adopted a restricted share units and deferred share units (collectively “RSUs/DSUs“) plan (the “RSU/DSU Plan“) and a new stock option plan (the “2020 Stock Option Plan“).

The maximum number of RSUs/DSUs issuable under the RSU/DSU Plan together with the number of stock options issuable under the 2020 Stock Option Plan may not exceed 10% of the number of issued and outstanding common shares of the Company as at the date of a grant under the RSU/DSU Plan or the 2020 Stock Option Plan, as the case may be. Based on the number of common shares currently outstanding, an aggregate of 16,897,236 RSUs/DSUs and/or options can be granted pursuant to the RSU/DSU Plan and/or the 2020 Stock Option Plan. The Company currently has 16,600,000 options outstanding, leaving 237,236 RSUs/DSUs and/or options available for grant. The RSU/DSU Plan and the 2020 Stock Option plan have been conditionally approved by the TSX Venture Exchange and remain subject to disinterested shareholder approval at the next annual and special meeting of the shareholders of the Company to be held on March 26, 2020 (the “Shareholders’ Meeting“).

Further details regarding the RSU/DSU Plan and the 2020 Stock Option Plan will be included in the management information circular of the Company which will be sent to shareholders and filed on SEDAR in connection with the Shareholders’ Meeting.


Roscan Gold Corporation is a Canadian gold exploration company focused on the acquisition and exploration of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold’s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in west Mali.

For further information, please contact:
Nana Sangmuah
President and Chief Executive Officer
Tel: (902) 832-5555

Forward Looking Statements

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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

To view the source version of this press release, please visit

AJN Resources Inc. Announces Closing of Oversubscribed Financing

Vancouver, British Columbia–(Newsfile Corp. – February 24, 2020) – AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (“AJN”) is pleased to announce it has closed the previously announced financing to raise $2 million at $0.40 per share. The financing was oversubscribed. AJN has issued 5,000,000 shares at $0.40 per share for gross proceeds of $2,000,000. The proceeds will be used for general working capital. All shares issued will have a 4-month hold period. Finders’ fees of $12,000 were paid to Nascent Capital Partners Pty Ltd, $8,400 to Haywood Securities Inc., $6,750 to Sprott Global Resource Investments Ltd., $6,000 to Hartleys Limited and $1,950 to Richardson GMP Limited.

AJN is also pleased to announce that it is making good progress with its due diligence on all projects stated in the Memorandum of Understand (MoU), announced on February 6, 2020, and is efficiently working together with Société Minière de Kilo-Moto SA (SOKIMO) to help them monetize their assets in public markets in the upcoming months. Closing of the transaction with SOKIMO is subject to legal and technical due diligence, and regulatory approval. Upon closing, AJN will become a 60% owned subsidiary of SOKIMO.

AJN also issued 225,000 stock options exercisable at 80 cents for five years to consultants and directors of AJN.


SOKIMO is a Democratic Republic of The Congo (“DRC”) state owned parastatal entity that has been involved in the research, development and treatment of precious mineral deposits, as well as the joint venturing of several projects and deposits and sale of processed product.

About AJN Resources Inc.

AJN is a junior exploration company. AJN’s management and directors possess over 75 years of collective industry experience and have been very successful from exploration, to financing, to developing major mines throughout the world with a focus on Africa and especially the Democratic Republic of The Congo DRC.

For further information, please contact Investor Relations:

Sheena Eckhof
Director, Investor Relations

Visit us at

TEL: (778) 218-9638

On Behalf of the Board of Directors

Klaus Eckhof
CEO and President

Cautionary Note Regarding Forward Looking Statements

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although AJN Resources Inc. believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, AJN Resources Inc. disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

To view the source version of this press release, please visit