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VMWARE DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In VMware, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 4, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in VMware, Inc. (“VMware” or the “Company”) (NYSE: VMW) of the June 1, 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 VMware, Inc. stock or options between March 30, 2019 and February 27, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/VMW. 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 VMware securities between March 30, 2019 and February 27, 2020 (the “Class Period”). The case, Lamartina v. VMware, Inc. et al, No. 20-cv-02182 was filed on March 31, 2020 and has been assigned to Judge Edward J. Davila.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) VMware’s reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (2) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Specifically, on February 27, 2020, during after-market hours, VMWare filed a Current Report on Form 8-K with the SEC, disclosing an SEC investigation into the Company’s backlog of unfilled orders. Specifically, that Form 8-K advised investors that “[i]n December 2019, the staff of the Enforcement Division of the [SEC] requested documents and information related to VMware’s backlog and associated accounting and disclosures.” The Form 8-K also advised investors that, although “VMware is fully cooperating with the SEC’s investigation,” it was “unable to predict the outcome of this matter at this time.”

On this news, VMware’s stock fell from a closing price of $135.63 per share on February 27, 2020 to $120.52 on February 28, 2020-a $15.11 or 11.14% 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 VMware’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/54140

GOLDEN STAR DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Golden Star Resources Ltd. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 4, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Golden Star Resources Ltd. (NYSE: GSS) (“Golden Star” or the “Company”) of the June 1, 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 Golden Star stock or options between February 20, 2019 and July 30, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/GSS. 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 Central District of California on behalf of all those who purchased Golden Star common stock between February 20, 2019 and July 30, 2019 (the “Class Period”). The case, Grobler v. Golden Star Resources Ltd. et al., No. 20-cv-03047 was filed on April 1, 2020.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) the Company had insufficient geological and geotechnical data in its Prestea mine; (2) the Company had experienced deficiencies in its operating practices and mining methods including inaccurate long hole drilling and blasting in its Prestea mine; (3) the Company did not have the mining flexibility and more measured resources to ensure higher reserve grade; (4) the Company had experienced increased tonnage at much lower grade where it had to supplement some of the production with oxide material; (5) the Company had excessive dilution which drove lower mining rates at the Prestea mine; and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

On July 31, 2019, Golden Star announced disappointing second-quarter 2019 financial results whereby the Company was forced to materially cut its production guidance and increase its cash operating cost estimates. In doing so, the Company admitted that a laundry list of issues had negatively impacted its mines, including the use of insufficient geological and geotechnical data and poor drilling strategies and techniques, such as continued improper “blasting.”

On this news, Golden Star’s share price fell from $4.30 per share on July 30, 2019 to a closing price of $3.55 on July 31, 2019: a $0.75 or a 17.44% 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 Golden Star’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/54135

HF Foods Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In HF Foods Group Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 4, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”) of the May 28, 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 HF Foods stock or options between August 23, 2018 and March 23, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/HFFG. 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 Central District of California on behalf of all those who purchased HF Foods securities between August 23, 2018 and March 23, 2020 (the “Class Period”). The case, Mendoza v. HF Foods Group Inc. et al, No. 20-cv-02929 was filed on March 29, 2020.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) HF Foods engaged in undisclosed related party transactions; (2) HF Foods insiders and related parties were enriching themselves by misusing shareholder funds; (3) HF Foods was “gaming” the FTSE/Russell Index by masking the true number of shares free floating; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

Specifically, on March 23, 2020, Hindenburg Research published a report (the “Report”) explaining that HF Foods had, among other issues, failed to disclose: (i) transactions with related-parties; (ii) its flagrant misuse of shareholder funds; and (iii) its gaming of the FTSE/Russell Index criteria.

On this news, HF Foods’s stock fell from a closing price of $12.32 on March 20, 2020 to $9.80 on March 23, 2020-a $2.52 or 20.45% 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 HF Food’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/54133

GOSSAMER DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Gossamer Bio, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 3, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Gossamer Bio, Inc. (NASDAQ: GOSS) (“Gossamer” or the “Company”) of the June 2, 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 Gossamer stock or options between February 8, 2019 and December 13, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/GOSS. 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 California on behalf of all those who purchased Gossamer common stock between February 8, 2019 and December 13, 2020 (the “Class Period”). The case, Kuhne v. Gossamer Bio, Inc. et al, No. 20-cv-00649 was filed on April 3, 2020, and has been assigned to Judge Dana M. Sabraw.

In the materials accompanying the IPO and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and compliance policies. Specifically, Defendants misrepresented and/or failed to disclose to investors: (1) the reasons for Gossamer’s GB001 trial failures; (2) the purported clinical validation of Novartis’oral DP2 antagonist; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

In October 2019, Novartis announced that its fevipiprant product had failed to improve lung function in two Phase 3 trials, as measured by FEV1, over placebo. Then, on December 16, 2019, Novartis announced that it was terminating the development of its DP2 antagonist fevipiprant for asthma after it failed another pair of Phase 3 clinical trials. Analysts noted that, “[f]or Gossamer, detailed data from fevipiprant would likely weigh heavily on GB001, its lead drug in the same class.”

On this news, Gossamer’s share price fell from $25.37 per share on December 13, 2019 to a closing price of $15.96 on December 16, 2019: a $9.41 or a 37.10% 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 Gossamer’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/54132

Luckin Coffee Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Luckin Coffee Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 3, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Luckin Coffee Inc. (NASDAQ: LK) (“Luckin Coffee” or the “Company”) of the April 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 Luckin Coffee stock or options between May 17, 2019 and April 2, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/LK. There is no cost or obligation to you.

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

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

The lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all those who purchased Luckin Coffee securities between November 13, 2019 and January 31, 2020 (the “Class Period”). The case, Sterckx v. Luckin Coffee Inc. et al, No. 20-cv-01677 was filed on April 2, 2020.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) certain of Luckin’s financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from “other products” were inflated; (2) Luckin’s financial results thus overstated the Company’s financial health and were consequently unreliable and would likely require restatement; and (3) as a result, Defendants’ statements about Luckin’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

Specifically, on January 31, 2020, Muddy Waters Research published an anonymous report alleging that Luckin Coffee had fabricated certain of the Company’s financial performance metrics, beginning in the third quarter of 2019 (“3Q19”) (the “Muddy Waters Report”). The Muddy Waters Report purported to cite “smoking gun evidence,” including, inter alia, thousands of hours of store video, thousands of customer receipts, and diligent monitoring of the Company’s mobile application metrics, which allegedly showed that, since 3Q19, Luckin Coffee had inflated its per-store per-day sales figures, its net selling price per item, its advertising expenses, and its revenue contribution from “other products.”

On this news, Luckin Coffee’s stock fell from a closing price of $36.40 on January 30, 2020 to $32.49 on January 31, 2020-a $3.91 or 10.74% drop.

Then, on April 2, 2020, Luckin disclosed that an internal investigation had found that millions of dollars in sales were fabricated.

On this news, Luckin Coffee’s stock fell from a closing price of $26.20 on April 1, 2020 to $6.40 on April 2, 2020-a $19.80 or 74.57% 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 Luckin Coffee’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/54128

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against ServiceMaster Global Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

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Los Angeles, California–(Newsfile Corp. – April 3, 2020) – The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ServiceMaster Global Holdings, Inc. (NYSE: SERV) (“ServiceMaster” or “the Company”) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. ServiceMaster announced its preliminary financial results for the third quarter of 2019 on October 22, 2019. The Company missed estimates of both revenue and earnings. The Company also gave downward adjusted EBITDA guidance of $415 to $425 million, down from $435 to $445 million. According to the Company’s press release, the disappointing results were in part due to “termite damage claims arising primarily from Formosan termite activity,” primarily in Mobile, Alabama. According to the Company, this was a known issue, and it had taken mitigation efforts “starting in 2018.” The Company also announced the sudden departure of Terminix Residential President Matthew J. Stevenson. Based on this news, shares of ServiceMaster fell by 20% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54127

EGF Theramed Announces Resignation of Director and President

Vancouver, British Columbia–(Newsfile Corp. – April 3, 2020) – EGF Theramed Health Corp. (CSE: TMED) announces that Mr. Sydney Au has resigned as a director of EGF Theramed Health Corp. and that Mr. Chris Brown has resigned as President of the company and of its subsidiary Western Agri Supply Solutions Corp. Following the resignations, the Company will be doing a full audit of company financials.The company wishes to thank Mr. Au as a founding director and his many years of service for his contributions to the company and wishes him well in his future endeavors.

For further information, please contact:

Jatinder Dhaliwal
604-368-3551

DISCLAIMERS

This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators and on the OTC Markets website which is posted on www.sedar.com, https://thecse.com/en/listings/technology/egf-theramed-health-corp, and http://www.otcmarkets.com/stock/EVAHF/filings. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE or CNSX Markets), nor its Regulation Services Provider (as that term is defined in policies of the CSE), or any other regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does not undertake to update this news release unless required by applicable law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54129

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Mesa Air Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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Los Angeles, California–(Newsfile Corp. – April 3, 2020) – The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or “the Company”) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Mesa’s August 2018 initial public stock offering (the “IPO”), are encouraged to contact the firm before June 1, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Mesa’s operational standards lagged behind industry standards. The Company suffered from a shortage of qualified maintenance personnel. The Company also failed to maintain an adequate level of parts and backup aircraft. The Company did not maintain a track record of reliability. The Company knew of negative trends and uncertainties at the time of the IPO. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Mesa, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54130

Media Central Corporation Inc. Issues Shares & Options and Announces Change of Auditor

Toronto, Ontario–(Newsfile Corp. – April 3, 2020) – Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) (“MediaCentral” or the “Company“) reports that its Board of Directors has approved the settlement of $180,800 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, MediaCentral will issue 3,616,000 common shares of the Company (the “Shares”) at a deemed price of $0.05 per Share to certain creditors (“Creditors”) of the Company.

The Company has also granted options to purchase 100,000 common shares to an employee of the Company for a period of five years from the date of the grant. The options have an exercise price of $0.10 per share and are subject to a 60-day vesting period.

The Share issuance is subject to Regulatory and Exchange approvals and will be subject to a standard hold period expiring on the date that is four months and one day from the date of issue. The option grant is made under, and subject to, the terms of the Company’s Stock Option Plan.

The Company also announces that that it has changed its auditors from Wasserman Ramsay, Chartered Accountants (“Former Auditor”) to Fazzari + Partners LLP (“Successor Auditor”). At the request of the Company, the Former Auditor resigned as the auditor effective January 1, 2020 and the Board of Directors of MediaCentral appointed the Successor Auditor effective January 2, 2020, until the next Annual General Meeting of shareholders.

There were no reservations in the Former Auditor’s reports for the audits of the predecessor company IntellaEquity’s two most recently completed financial years and ending at the date of the resignation of the Former Auditor. There are no “reportable events”, as defined in the National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”) between the Company and the Former Auditor. In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and Successor Auditor have been reviewed by the Board of Directors of MediaCentral and filed on SEDAR.

– 30 –

About MediaCentral

Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) is an independent media company situated to acquire and develop high-quality publishing assets, starting with the recent acquisition of NOW Magazine and the launch of digital cannabis platform CannCentral.com. MediaCentral seeks to consolidate the 100 million strong audience of alternative weekly publications across North America, unifying a powerful demographic through cutting-edge content, events, social media and programmatic advertising. For more information: www.mediacentralcorp.com

For further information, please contact:

Investor Relations
investors@mediacentralcorp.com

Website
www.mediacentralcorp.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations, expectations with respect to estimated margins, cost structures, and cost structures in the media industry. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the media industry generally, income tax and regulatory matters; the ability of MediaCentral to implement its business strategies; competition; currency and interest rate fluctuations and other risks.

Readers are cautioned that the foregoing list is not exhaustive and should carefully review the various risks and uncertainties identified in the Company’s filings on SEDAR and EDGAR. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE: Media Central Corporation Inc.

LinkedIn: Media Central Corp Instagram: @mediacentralcorp Twitter: @mediacentralc Facebook: Media Central Corp.

www.mediacentralcorp.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54121

Quadro Receives TSXV Approval for the Seagull Lake Platinum-Palladium Property

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Vancouver, British Columbia–(Newsfile Corp. – April 3, 2020) – Quadro Resources Ltd. (TSXV: QRO) (“Quadro” or the “Company”) is pleased to announce that, further to its February 24, 2020 news release, it has received TSX Venture Exchange approval for an option to acquire a 70% interest in the platinum-palladium prospective Seagull Lake Property (the “Property”) from White Metal Resources Corp. (“WHM”).

The Property, which covers 7,539 ha, is about a one hour drive north of the port city of Thunder Bay, is located about 50 km south of Impala Canada’s Lac des Iles Mine (previously North American Palladium), and is about 28 km north of the copper (Cu), nickel (Ni), and platinum group element (PGE) discoveries of Rio Tinto and Panoramic Resources.

The terms of the Option Agreement (the “Agreement”) are as follows:

  • Quadro to earn a 70% interest in the Property over a 3 year period.
  • Cash payments totalling $275,000 over the 3 year period.
  • Quadro to issue a total of 6.5M shares over the 3 year period.
  • Total of $1.55M to be spent on exploration on the Property over the 3 year period.

There shall be a 5 kilometer area of interest surrounding the Property (the “Area of Interest”) and if any additional ground in acquired in the Area of Interest the staking costs of acquiring such additional ground shall be paid by Quadro.

Wayne Reid, P. Geo., VP Exploration for Quadro and a qualified person as defined in National Instrument 43-101, is responsible for this release and supervised the preparation of the information forming the basis for this release.

About Quadro Resources – Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team, supported by a distinguished Board of Directors and is focused on exploring for gold in North America. Quadro has approximately 39.8 million shares outstanding. The Company’s shares trade on the TSX Venture Exchange under the symbol “QRO”. Quadro owns a 100% interest in the Staghorn and Conche properties in Newfoundland, and an option to earn a 100% interest in the 192 claim unit Long Lake Gold property.

On behalf of the board of directors,
Quadro Resources Ltd.

“T. Barry Coughlan”
President and CEO

“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.” The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.” For more information on the Company, interested parties should review the Company’s filings that are available at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54125