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IDX Insights Announces Launch of Tactical Sector Alpha Index

By IDX Insights

IDX Insights, a research and development firm, announces the launch of its first of a series of tactical ETF indices. The IDX Tactical Sector Alpha Index is designed to provide diversified tactical exposure across the SPDR Sector ETFs with the ability to go 100 percent to short-term treasuries.

CLEARWATER, FL / ACCESSWIRE / March 26, 2019 / IDX Insights, a research and development firm, announces the launch of its first of a series of tactical ETF indices. The IDX Tactical Sector Alpha Index is designed to provide diversified tactical exposure across the SPDR Sector ETFs with the ability to go 100 percent to short-term treasuries. The index uses IDX’s proprietary “Composite Momentum” score to evaluate each sector ETF monthly to determine which sectors to include and at what weighting.

“S&P Dow Jones Indices is pleased to be selected as the calculation agent for the IDX Tactical Sector Alpha Index,” said Michael Mell, senior director at S&P Dow Jones Indices. “We look forward to building out our relationship with them as passive indexing continues to grow throughout the financial services industry.”

With the prospect of higher volatility, rising rates and increasing geopolitical concerns, investors are seeking strategies that can potentially protect against large drawdowns while allowing upside participation.

Ben McMillan, founding partner and CIO of IDX Insights, said, “We’re pleased to be bringing our innovative suite of tactical ETF indices to market with S&P Dow Jones Indices. We believe this index helps investors overcome the challenge of determining what sectors to include and at what weighting. By dynamically adjusting factor allocations in an ever-changing market, IDX Tactical Sector Alpha offers a compelling solution for clients navigating an increasingly volatile market.”

The IDX Tactical Sector Alpha Index can be found at https://customindices.spindices.com/indices/custom-indices/idx-tactical-sector-alpha-index.

About IDX Insights LLC

IDX Insights is a research firm focused on developing innovative index solutions across the alternative landscape. Learn more about our unique Indexing as a Service (“IaaS”) at idxinsights.com/indexing-as-a-service-iaas/. IDX Insights does not offer or provide investment advice or offer or sell any securities, commodities or derivative instruments or products. The IDX Insights LLC corporate name and all related logos are the exclusive intellectual property of IDX Insights LLC.

Press Contact:

Janelle Bosek
pr@idxinsights.com

(800) 403-4349

SOURCE: IDX Insights

ReleaseID: 539886

Sugarmade Inc. Featured in CannabisNewsWire Publication Discussing Rising Demand for Hydroponic Supplies

Corporate Logo

New York, New York–(Newsfile Corp. – March 26, 2019) – Sugarmade Inc. (OTCQB: SGMD) today announces its placement in an editorial published by CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company for private and public entities in the cannabis industry.

To view the full publication, titled, “Hydroponic Supplies Play Key Role in Hemp Market Growth,” please visit: http://cnw.fm/G90Xe

This has created a great opportunity for hydroponic suppliers, and some are moving to further strengthen their position. Those with an eye to the future, such as Sugarmade, were making preparations long before the Farm Bill passed into law. Now they’re reaping the benefits of that forward thinking.

As with hemp production, consistency is key to the supply of hydroponic equipment. Customers are reliant on these companies not only for setting up their growing spaces but for expanding them, maintaining and replacing equipment, and ensuring a steady supply of the minerals needed to feed the plants. A company that can’t provide consistent supplies will struggle to maintain relationships with its customers, whose crops rely on that supply line. With demand growing, it’s harder to ensure supplies, and for many, the answer is expansion.

About Sugarmade Inc.

Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include BizRight, LLC, AthenaUnited.com, and CarryOutSupplies.com. For more information, visit the company’s website at www.Sugarmade.com.

About CannabisNewsWire (CNW)

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

For more information please visit https://www.CannabisNewsWire.com

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

Forward-Looking Statements

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

Corporate Communications:

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43663

Jamaica and American Samoa First of Many Caribbean and South Pacific Islands Going Green with Calgary-based Archer Cleantech Inc.

Corporate Logo

Calgary, Alberta–(Newsfile Corp. – March 26, 2019) – The oil and gas capital of Canada is now a hub for the greening of the Caribbean and South Pacific. Two major projects have been awarded to Calgary-based Archer Cleantech Inc. (“Archer” or the “Company”), an international project generator in the green energy space with projects in various stages of development, not only in Jamaica and American Samoa but in California, Uganda, Mexico, Guam and Alberta as well.

Archer is technology agnostic in putting together projects in wind, solar, geothermal, waste-to-energy and battery storage. Renewable energy is an essential part of today’s energy mix and is poised to become the major source of new energy supply in this century. Global investment in renewable generation reached $265 billion in 2015, double the $130 billion investment in new fossil fuel generation in the same year.

It’s a rare occurrence when a Calgary-based energy executive is on international TV talking about “clean energy.” Known as the oil and gas capital of Canada, Calgary is now positioned to be not just an oil and gas leader but also a hub for broader-based “energy” companies including wind, solar and battery. This is reflected in the Calgary Economic Development slogan which states: “Be Part of the Energy.”

In an episode of “Biz 1 on 1,” now available for viewing on the Biz 1 on 1 and BizTV websites (http://www.biz1on1.tv/interview/season-2-episode-5/ and http://www.biztv.com/) and airing in May on Amazon Prime Video Direct in the U.K. and U.S., Archer CEO Paul Blaha and Founder/President Ron Loudon tell the story of how a leading international wind, solar and battery storage project developer is growing out of a tiny office on the Red Mile in Calgary.

A former Bay Street investment banker who “went West, young man” to seek his fortune in the oil and gas business, Blaha instead was recruited by iconic Alberta energy entrepreneur Ron Southern and, in the 2000s, developed energy projects valued at over $3 billion for Atco. Little did Blaha know this experience in major project development was preparing him to meet Ron Loudon, a Kelowna-based entrepreneur who made a fortune and retired at an early age to travel the world. He has returned to Vancouver to pursue a passion for clean energy.

“I became very interested in conscious-minded business, and I’ve always been concerned about the environment,” explains Loudon. “Jamaica, for example, is losing its tourism partly because they’re not paying attention to what everyone is concerned about, which is looking after the environment. Environmental stewardship is in the mainstream consciousness now.”

Archer has recently landed a project to cut power costs in half for hospitals in Jamaica through a combination of solar power and retrofitting obsolete infrastructure. The Company is also moving forward with a large wind, solar and battery storage project in American Samoa that will significantly impact that country’s overall percentage of clean energy while cutting the per-kilowatt-hour cost by as much as two-thirds.

An early stage company that is moving from three years of development into the execution stage, Archer is being managed on a day-to-day basis by a high-powered team led by Blaha.

“We are a smaller company in an industry that has big players,” explains Blaha. “What’s advantageous about that is that we can take our ideas and put them into play much more quickly because we are nimble and more flexible. A lot of the big players don’t want to be in the front end of the business. That’s our sweet spot. What we do better than anyone else is de-risk the projects.”

Archer is also leading the development project to build one of the world’s largest battery storage facilities in California, where the state is committed to closing nuclear plants but is already experiencing brownouts.

“It’s going to be a very significant solution in a very exciting market,” said Blaha.

Archer has also created its own wholly owned finance subsidiary and expects to launch an initial $500 million Green Bond Fund later this year.

For more information, contact:
Dave Ashby, Investor Relations:
250-878-7333
dave.ashby@archercleantech.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43662

Contact Gold Extends the Gold Footprint of Pony Spur and Discovers Another New Carlin-type Gold Target at Pony Creek

Corporate Logo

Vancouver, British Columbia–(Newsfile Corp. – March 26, 2019) – Contact Gold Corp. (TSXV: C) (the “Company” or “Contact Gold”) is pleased to announce the discovery of significant gold-in-soils extending 580 metres west from the previous drilling discovery at the Pony Spur target on the Pony Creek gold property (“Pony Creek”).

In addition, the highest-grade gold-in-soil sample, 1.18 g/t gold, was returned from a new target 480 metres south of Pony Spur in a similar Carlin-type gold setting.

Highlights:

  • 580 metres by 200 metres gold-in-soil anomaly up to 386 ppb Au (0.386 g/t Au) continuing west from the Pony Spur discovery holes (see news release September 5, 2018)

  • Multiple soil samples over 100 ppb Au (0.1 g/t Au) extending east from the discovery outcrop of intensely silicified sandstone with strong barite and hematite alteration

  • Highest grade soil sample at 1.18 g/t Au collected 480 metres south of Pony Spur in an area of gold-in-soil anomalies measuring 225m by 175m

  • These new gold targets are located along the traditional host horizon at the Devil’s Gate Limestone – Webb Formation contact that hosts the majority of gold deposits on the southern Carlin Trend

“These new gold discoveries at the traditional Carlin-type gold host are very exciting. To discover our highest-grade gold in soil sample to date from Pony Creek is particularly encouraging given its proximity to Pony Spur, and our other targets on the property. In addition, we are excited to see that our drill intercepts from last year might only have been at the margin of the system and that there is a substantial footprint of gold extending west and south from Pony Spur.” stated Matt Lennox-King, CEO of Contact Gold.

Pony Spur Target

  • The Pony Spur Target was acquired in 2017 as part of Contact Gold’s expansion of Pony Creek. The claims cover an exposure of intensely silicified Chainman Shale with strong barite and hematite that occurs along a regional-scale, northwest-striking fault that projects into the Bowl Zone gold-in-soil footprint (580m-200m), defined by 24 soil samples across 3 soil sample lines 100m apart and on 50m centres

  • 7 samples returned better than 100ppb Au, which is considered highly anomalous in Carlin-type gold systems

  • Drilling in 2018 encountered oxide gold in all three holes (27m @ 0.2 g/t Au, 21m @ 0.2 g/t Au and 20m @ 0.2 g/t Au see news release September 5, 2018) and appears to have been drilled at the eastern margin of the gold-in-soil footprint

  • A new, strong gold-in-soil anomaly defined by 7 samples on a 100m by 50m grid was discovered 480m south of the Pony Spur drilling including the highest-grade soil sample ever taken on the project at 1.18 g/t Au, suggesting an extension to the gold system to the south

For a map of the Pony Creek target areas please click:
http://contactgold.com/_resources/news/Pony-Creek-Pony-Spur-Overview.jpg

For a detailed plan map of Pony Spur, please click:
http://contactgold.com/_resources/news/Pony-Spur-Soils.jpg

Pony Creek is an early stage exploration property and does not contain any mineral resource estimates as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). There has been insufficient exploration to define a mineral resource estimate at Pony Creek. Additional information about Pony Creek is summarized in a technical report entitled “Technical Report on the Pony Creek Gold Project, Elko County, Nevada, USA” dated April 18, 2017, and effective March 15, 2017), prepared by Michael M. Gustin, C.P.G. of Mine Development Associates of Reno, Nevada (the “Technical Report”), which can be viewed under Contact Gold’s issuer profile on SEDAR at: www.sedar.com

The scientific and technical information contained in this news release has been reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person” within the meaning of NI 43-101. Drill intercepts were calculated using a minimum thickness of 3.05 metres averaging 0.14 ppm gold and allowing inclusion of up to 4.57 metres of material averaging less than 0.14 ppm gold for low grade intervals and higher grade intervals were calculated using a minimum thickness of 3.05 metres averaging 1.00 ppm gold and allowing inclusion of up to 4.57 metres of assays averaging less than 1.00 ppm gold. Gravimetric assays are used for all Fire Assays above 4.00 ppm gold. True width of drilled mineralization is unknown, but owing to the apparent flat lying nature of mineralization, is estimated to generally be at least 70% of drilled thickness Quality Assurance / Quality Control consists of regular insertion of certified reference standards, blanks, and duplicates. All failures are followed up and resolved whenever possible with additional investigation whenever such an event occurs. Multi element geochemical assays are completed on composites using the MEMS 61 method. All assays are completed at ALS Chemex; an ISO 17025:2005 accredited lab. Check assays are completed at a second, reputable assay lab after the program is complete.

About Contact Gold Corp.

Contact Gold is an exploration company focused on producing district scale gold discoveries in Nevada. Contact Gold’s extensive land holdings are on the prolific Carlin, Independence and Northern Nevada Rift gold trends which host numerous gold deposits and mines. Contact Gold’s land position comprises approximately 212 km2 of target rich mineral tenure hosting numerous known gold occurrences, ranging from early- to advanced-exploration and resource definition stage.

Additional information about the Company is available at www.contactgold.com.

For more information, please contact: +1 (604) 449-3361
John Glanville – Director Investor Relations
Chris Pennimpede – Corporate Development
E-mail: info@ContactGold.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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 anticipated exploration activities of the Company on the Pony Creek property.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes 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/43653

Cabral Intersects More High-Grade Gold in Initial Reconnaissance Drilling at the Machichie East Target, Cuiú Cuiú Project, Brazil

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3900/43668_1377ba1f74c5bb43_002.jpg

Vancouver, British Columbia–(Newsfile Corp. – March 26, 2019) – Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (“Cabral” or the “Company”) is pleased to announce drill results from the Machichie East target at the Cuiú Cuiú Project, Pará State, northern Brazil. These results follow recent initial results from the nearby Machichie target, which like Machichie East, was never previously drill tested. The Machichie East Phase I reconnaissance diamond-drill program is part of a larger 20-hole reconnaissance program designed to test nine separate high-grade gold targets.

Highlights

  • Drill hole CC183-19 targeted a coincident magnetic low, chargeability high and Au-Mo-Cu auger anomaly and returned 15.9m @ 1.73 g/t gold including 0.5m @ 21.3 g/t gold and 1.0m @ 10.3 g/t gold in a new and previously unknown structure which is open along strike and at depth
  • This new zone is located 400m north-east of the recently discovered Machichie zone and is interpreted to be a new and different structure
  • Drill hole CC180-19 which was drilled at the Machichie target and was lost in saprolite but none-the-less returned 1m @ 5.1 g/t gold at the bottom of the hole confirming the presence of mineralization that was encountered in replacement hole CC181-19 at the western end of the main Machichie target
  • Elevated silver, tungsten, copper and molybdenum values were also noted from drill hole CC183-19 at Machichie East, which may suggest proximity to a concealed intrusive source

Machichie East Drill Results

A single reconnaissance drill hole CC183-19, was completed to a depth of 250.5m at Machichie East, a target which had never been previously drill tested. The hole was located 400m NE of hole CC177-19 at the recently announced Machichie discovery (see press release dated 28th February 2019), and was designed to test a coincident magnetic low, IP chargeability high anomaly, and multi-element saprolite/soil geochemical anomaly. The hole intersected 15.9m @ 1.73 g/t gold from 79m, including 0.5m @ 21.3 g/t gold from 86.5m and 1m @ 10.3 g/t gold from 91.4m associated with strong silica-pyrite alteration and quartz-pyrite vein zones (see Figures 1 and 2). Several additional shorter and lower grade intersections were intersected elsewhere in the hole (see Table 1).

Unusually for Cuiú Cuiú, elevated silver (Ag), copper (Cu) and tungsten (W) values were returned from the principal intersection described above, with a maximum of 27 g/t Ag, 0.1% Cu and 0.06% W. More broadly outside of this zone, the tungsten mineral scheelite, and coarse centimeter-sized molybdenite was observed in veins. Scheelite also occurs locally in wall-rock alteration zones. Values up to 0.17% W, 0.12% Mo and 0.15% Cu were encountered in selected samples throughout the hole. Tungsten was also recognized outside of the higher-grade gold intervals. Given these initial positive results, further multi-element analysis is planned.

This mineral and metal association is consistent with an intrusive related gold deposit model and raises the possibility of concealed intrusive sources within the Cuiú Cuiú project area, which are yet to be discovered.

Detailed drill results from Machichie East are shown in Table 1.

Drill hole
From (m)
To (m)
Interval (m)
Grade (g/t gold)
Machichie
CC180-19
39.4
40.5 (EOH)
1.1
5.1
Machichie East
CC183-19
22.6
29.5
6.9
1.1
+
79.0
94.9
15.9
1.7
Incl.
86.5
87.0
0.5
21.3
Incl.
91.4
92.4
1.0
10.3
+
106.7
108.1
1.4
0.8
+
172.9
173.6
0.7
0.9
+
220.8
221.3
0.5
0.7

Table 1: Drill results from the Machichie and Machichie East target. The drill hole CC180-19 mineralized interval is open, with the hole abandoned in a saprolite-hosted vein at 40.5m. In drill hole CC183-19, the depth of saprolite is 57.45m; the interval 22.6-29.5m is located in the basal sediments of the transported overburden sequence.

Figure 1: Map showing the location of Machichie and Machichie East drill holes in relation to MG deposit

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3900/43668_1377ba1f74c5bb43_002full.jpg

Figure 2: Cross section through Machichie East target showing drill hole CC183-19 and mineralized intervals

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/3900/43668_1377ba1f74c5bb43_003full.jpg

Unlike the recently discovered Machichie structure, no historic surface workings are evident at Machichie East. The mineralized zone at Machichie East is a blind target covered by overburden, and located approximately 150m north of the eastern projection of the Machichie structure. Given the reconnaissance nature of this program, and the limited data available, Machichie East is currently interpreted to be a different and previously unrecognised structure to Machichie. Further drilling will be required to determine the orientation and strike extent of this new mineralized zone.

Visible scheelite and molybdenite were also recognized in the Machichie drill core. Given the strong initial Mo and W results from Machichie East, multi-element analysis also is planned for Machichie samples.

Machichie Main East-West Trend

Results on four of the five holes which tested the main E-W trending Machiche magnetic-low were released on 28th February 2019 and included 3.4m @ 36.9 g/t gold. These holes confirmed the discovery of a significant new high-grade mineralized zone at Machichie.

Results were pending on just one hole at Machichie, CC-180-19 which was terminated early in saprolite due to a loss of circulation. This hole returned 1.1m @ 5.1g/t gold from 39.4 – 40.5m depth and terminated at 40.5m having encountered the mineralized zone, but failed to fully penetrate the zone. The subsequent more steeply inclined hole CC-181 was drilled from the same platform and did intersect the Machichie mineralized zone.

Other Drill Targets

Drilling has been completed on three additional targets including MG (3 holes), 6 Irmaos (1 hole) and Quebra Bunda (1 hole). Results are pending from all of these holes. This brings the total number of targets tested as part of this initial drill program to five. Reconnaissance drilling is currently in progress at the sixth target Jerimum Cima, which unlike most of the other targets has had some previous drilling. A historic hole at Jerimum Cima intersected 39m @ 5.1g/t gold and the current program will follow up on this intercept. Assay results from these holes are pending.

Alan Carter, President and CEO commented, “the drill results from Machichie East demonstrate the presence of another previously unknown mineralized structure at Cuiú Cuiú which will require further drilling. These results come soon after the recently announced Machichie discovery located 400m to the south-west. We have now intersected two previously unknown high-grade structures from the first two targets of this initial reconnaissance drill program and look forward to results from the seven additional targets that will be tested as part of this drill program”.

About Cabral Gold Inc.

The Company is a junior resource company engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil.

The Company owns the Cuiú Cuiú gold project, which covers the largest of the historical placer gold camps in the Tapajós region of northern Brazil, having yielded an estimated 2M oz of gold from the overall 20-30M oz gold produced during the Tapajós gold rush. Placer workings cover over 850ha on the property but are largely exhausted. The few remaining artisanal workers now process gold from palaeo-valley placer deposits and in places exploit high-grade gold mineralization from quartz veins in saprolite (shallow highly weathered bedrock).

Cabral reported an updated NI 43-101 Mineral Resource Estimate in December 2018 totalling 5.9M tonnes grading 0.9 g/t Au (Indicated) and 19.5M tonnes grading 1.2 g/t Au (Inferred), or 0.2M ounces and 0.8M ounces of gold, respectively. That estimate was based on four deposits drilled prior to the cessation of exploration in 2012.

FOR FURTHER INFORMATION PLEASE CONTACT:

Alan Carter
President and Chief Executive Officer
Cabral Gold Inc.

Tel: 604.676.5660
Email: info@cabralgold.com
www.cabralgold.com

Dr. Adrian McArthur, B.Sc. Hons, PhD. FAusIMM., a consultant to the Company as well as a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

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

Forward-looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of the words “will”, “expected” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the following: strategic plans and future operations, and results of exploration. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.

Notes

Gold analysis has been conducted by SGS method FAA505 (fire assay of 50g charge), with higher grade samples checked by FAA525. Analytical quality is monitored by certified references and blanks. Until dispatch, samples are stored under the supervision the Company’s exploration office. The samples are couriered to the assay laboratory using a commercial contractor. Pulps are returned to the Company and archived. Multi-element analyses are conducted at SGS using a multi-element digest and ICP-OES finish (method ICP40B). Drill holes results are quoted as down-hole length weighted intersections.

Under the agreement with the Cuiú Cuiú condominium, local artisanal operators can process mineralization to a depth of 30m, unless otherwise negotiated. Shafts generally stop at or above the depth of the water-table.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43668

eXeBlock Provides Update and Additional Information on Sale of Assets Transaction

Halifax, Nova Scotia–(Newsfile Corp. – March 26, 2019) – Further to its news release dated February 15, 2019, eXeBlock Technology Corporation (CSE: XBLK) (“eXeBlock” or the “Company“) is providing an update on the sale of assets transaction with Peerplays Blockchain Standards Association (“PBSA“), Data Security Node Inc., Fallout Complex Inc., 10353027 Canada Corporation (“10353027“), and Jonathan Baha’i.

Transaction Terms

The material terms of the transaction include:

  1. Sale of software including 50/50 Labs, Sidechain and eXeChain (collectively, the “Software“) to PBSA for the payment to eXeBlock of $250,000 in cash plus applicable taxes, on closing;
  2. the assumption by PBSA of amounts owing by eXeBlock to a third party developer in the development of the Software totaling $463,419 USD;
  3. the return of up to 9,965,000 common shares of eXeBlock (“Shares“) held by 10353027, an entity wholly-owned by Jonathan Baha’i (which represents approximately 16.2% of the Company’s Shares outstanding as of February 11, 2019) to treasury for cancellation by the Company, and the parties recently agreed that there would be no consideration paid for this purchase;
  4. the termination of the software development agreement between eXeBlock and PBSA on closing and release by eXeBlock in any interest in any consideration, including any PPY tokens, if any, which were to be transferred as payment for software development under such agreement;
  5. the forgiveness of amounts owing by eXeBlock to each of Data Security Node Inc., Fallout Complex Inc., and Jonathan Baha’i for certain equipment, furniture, fixtures and Company expenses totaling $74,912.35; and
  6. the termination of the bunker lease between eXeBlock and Fallout Complex Inc. on closing,

(collectively, the “Transaction“).

Update on Regulatory Approvals

eXeBlock has concluded that the return of eXeBlock Shares to its treasury for cancellation will not be an “issuer bid”, and no regulatory approvals will be sought under issuer bid rules.

10353027 currently holds an aggregate of 9,965,000 Shares of eXeBlock, including 6,000,000 Shares that remain in escrow. The escrowed Shares are scheduled for release in tranches between May 2019 and November 2020. eXeBlock may seek the necessary regulatory approval from the British Columbia Securities Commission (the “BCSC“) to allow for the accelerated release and purchase of the escrowed Shares. The Transaction agreements contemplate that eXeBlock can obtain the escrowed Shares over time as they are released from escrow.

Related Party Transaction

The Company understands that Mr. Baha’i controls each of 10353027, Data Security Node Inc. and Fallout Complex Inc. Through his control of 10353027, Mr. Baha’i beneficially owns approximately 16.2% of the outstanding Shares. eXeBlock is required to treat Mr. Baha’i as a “related party” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and treat the Transaction as a “related party transaction” under MI 61-101.

If the 3,965,000 Shares that are not escrowed Shares are repurchased for cancellation at closing, the issued and outstanding Shares will be reduced to 57,476,531 of which Mr. Baha’i will indirectly own approximately 10.4% which will be subject to the Company’s rights to acquire additional Shares, as permitted by law. If the 9,965,000 maximum purchased Shares are repurchased for cancellation, the issued and outstanding Shares of the Company will be reduced to 51,476,531 of which Mr. Baha’i will own none.

The Transaction is exempt from the formal valuation requirements provided in section 5.5(b) of MI 61-101, as the Shares are only listed on the Canadian Stock Exchange and not on any of the markets specified in section 5.5(b) of MI 61-101. There have been no prior valuations, as such term is defined in MI 61-101, in the 24 months prior to the date of this Material Change Report.

The Transaction will be subject to minority approval. For the purposes of the Transaction, the minority approval will exclude the 9,965,000 Shares beneficially owned by Mr. Baha’i.

The Company did not establish a special committee of the Board of Directors (the “Board“), as the Board consists of only three directors all of whom are independent of the Purchaser. The Board concluded that a separate special committee was not necessary and that the negotiations were arms-length. Mr. Baha’i resigned as a director and officer of eXeBlock in November 2017 and undertook to the BCSC that his Shares would not be voted for a 5-year period commencing on November 10, 2017. Mr. Baha’i’s only role at eXeBlock since November 2017 was as an employee, and that relationship ended in December 2019.

Transaction Background

The Board of eXeBlock has considered all relevant factors and unanimously determined that the Transaction is in the best interests of the Company and its shareholders. The Board unanimously recommends that its shareholders vote in favour of the Transaction. After an extensive review of the Software along with a considerable effort to sell or partner with others, it was decided that the direction of the Company would be better served if the capital remaining was protected and other opportunities explored. The decentralized blockchain business, while perhaps a viable opportunity for certain groups, seems less attractive for eXeBlock especially given the time and costs to produce the assets and the long-term return on investment. The open nature of decentralized blockchain and its reliance on large scale adoption of the tokenomics structure would likely work better for a consortium group that may also bring traction to bear. The Company is currently looking at other opportunities within the private blockchain space.

Management had reached out to no less than 15 -20 firms or possible partners in attempt to determine whether there were potential purchasers for these assets. The number of organizations interested in the specific assets is very limited. eXeBlock then approached PBSA and determined that PBSA may have an interest. The negotiations were fairly fluid and progressed with multiple meetings and discussions and the parameters of the deal changed from strictly a monetary transaction to a transaction that included the relief of outstanding debt, the assumption of liability to a third party contractor, the cancellation of the facility lease, the return of shares and the cancellation of the software development agreement between the two parties as well as a monetary payment and the acceptance of Mr. Baha’i’s resignation. The parties eventually reached agreement in February.

Meeting and Other Information

The annual and special meeting of the Company has been called for April 2, 2019 (the “Meeting“) and will be held at 1969 Upper Water Street, Suite 2001, Purdy’s Wharf Tower II, Halifax, Nova Scotia B3J 3R7 at 2:00 p.m. (Halifax Time). At the Meeting, the shareholders will be asked to consider a resolution approving and authorizing the Transaction.

Further details regarding the Transactions are provided in a management information circular mailed to the Company’s shareholders in March 2019 and an updated material change report dated today. Copies of the management information circular, the updated material change report and the Agreement are available at www.sedar.com.

About eXeBlock

eXeBlock Technology Corp (CSE: BLK) is a designer of custom, state-of-the-art blockchain based software applications that provide profitable, secure and efficient solutions to businesses and markets globally.

To receive regular updates on the business, follow them on Twitter @eXeBlock or visit www.exeblock.com.

For more information please contact:

eXeBlock Technologies Corporation
Jamie Davison CEO
902.334-1699
jdavison@exeblock.com

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

FORWARD-LOOKING INFORMATION

This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this press release, the words ‘estimate’, ‘project’, ‘belief’, ‘will’, ‘anticipate’, ‘intend’, ‘expect’, ‘plan’, ‘predict’, ‘may’ or ‘should’

and the negative of these words or such variations or comparable terminology are intended to identify forward-looking statements and information. More particularly and without limitation, this news release contains forward-looking information relating to, the anticipated completion of the Transaction including satisfaction of the conditions thereto, including receipt of regulatory approvals and the approval of the Company’s shareholders and the anticipated timing for completion of these matters. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are no assurances the Transaction will be completed on the terms and timeline anticipated, or at all. Forward looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. There are a number of important risk factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. For a more detailed discussion of risk factors, refer to the Company’s management discussion and analysis dated as of January 28, 2019 filed under the Company’s profile on SEDAR (www.sedar.com) and on the CSE’s website. The Company cautions that the aforementioned list of material risk factors is not exhaustive. When relying on the Company’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing risk factors and other uncertainties and potential events.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43670

Troubadour Provides Update on the Privateer High-Grade Gold Project, Zeballos, B.C.

Vancouver, British Columbia–(Newsfile Corp. – March 26, 2019) – TROUBADOUR RESOURCES INC. (TSXV: TR) (OTC PINK: TROUF) (the “Company”) is pleased to provide an update on the progress of its due diligence of the Privateer Gold Property (formerly the Surespan Gold Property) located on the northwest coast of Vancouver Island, B.C., near the town of Zeballos.

In addition to the established high-grade gold veins, the Company believes the Privateer Gold Property has significant exploration and discovery potential. Preliminary highlights of the data review show significant potential for the expansion of known vein occurrences in the areas around past producing mines on the property.

The newly discovered 88 Vein, which contained an intercept of 1,386.50 g/t gold (Company news release dated March 5, 2019) over 0.30 metres from 85.30 metres downhole, has been proven over a strike length of 130 metres. This vein remains open along strike to the northeast, southwest, at depth and is interpreted as the likely extension of the vein system at the past producing Privateer Mine. There is an intervening on-strike distance of 275 metres between the No. 2 vein in the Privateer Mine workings and the 88 Vein, that provides a clear and obvious high priority drill target.

The Privateer Mine’s No. 2 vein was historically exploited over a 150 metres. Combined with the 88 Vein as the interpreted extension, the No. 2 Vein exhibits a potential minimum strike length of 550 metres. This is just one example demonstrating the continuity over considerable distances of the veins at the Privateer Gold Property and the unrealized discovery potential. See related map here.

Further instances of exploration potential are evident around the past producing Prident Mine and White Star Mine. In the area around the Prident Mine, drilling completed in 2018 intersected 7.12 metres of 5.81 grams per tonne gold including 0.37 metres of 67.50 g/t gold; 0.40 metres of 23.10 g/t gold and 0.39 metres of 18.40 g/t gold from 51 metres downhole in hole Z18-25. This hole was a 50 metre step out to the northeast from the known extent of the mineralization in the past producing Prident Mine and remains open along strike and at depth. In the area surrounding the White Star Mine, drill hole Z18-02 intersected 0.55 metres of 24.20 g/t gold from 61.50 metres downhole. This hole was an 80 metre step out to the southwest of the past producing White Star Mine and remains open along strike and at depth (Company news release dated March 5, 2019). See related map here.

*Drill intercept lengths disclosed herein are expressed along drill core axis and do not represent true thickness of mineralization. There has been insufficient work to determine true thickness and further work is needed to determine the relationship between core intercept length and true thickness.

“We are very encouraged by our initial review of data and have only scratched the surface of the potential of this gold camp. This is the only time in the history of the Zeballos Gold Camp that such a large land package has been assembled, of which over 99% of the historic gold production has been mined from within the Privateer Gold Property’s boundaries. The high-grade gold veins in this camp tend to be continuous and traceable for hundreds of metres in strike length and depth and we believe that Troubadour is singularly positioned to realize the full potential of this gold camp,” states Gary Schellenberg, CEO, Director and Chairman.

The Company believes that the consolidation of ownership of this historic gold camp is pivotal to the success of its development. Previous operators have tried and ultimately failed to effectively develop and exploit resources in the camp due to the fractional ownership that has been present since the 1930’s when the Zeballos gold camp was discovered. Historic total production of the Zeballos Camp to 1982 amounted to 333,783 tonnes of milled ore which produced 304,309 ounces of gold(1) and the Privateer Gold Property encompasses the ground that accounted for 99% of this production. The Privateer Mine was the most prolific producer in the camp and accounts for 170,440 ounces of gold production from 146,798 milled tonnes(1). The Privateer and Prident Mines also host a historic estimate of 122,470 measured tonnes grading 9.26 g/t Au and 324,772 indicated tonnes grading 15.09 g/t Au† (36,461 ounces Au measured and 157,565 ounces Au indicated).†

The historical estimate is disclosed in Canadian Mines Handbook 1987-88 and was prepared by New Privateer Mine Limited. Although this historical estimate is believed to be relevant and indicates exploration potential at this site, details of how the estimate was made: the key assumptions, parameters, and methods used to prepare the historical estimate are unknown and have not been reviewed, and the original assay results have not been verified by the Qualified Person. As the historical estimate was prepared in 1988 it does not use existing mineral resource categories under CIM. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the issuer is not treating the historical estimate as current mineral resources or mineral reserves.

In addition to the ongoing comprehensive review of all available data, the Company is currently mobilizing personnel to perform a site visit of the Privateer Gold Property and the core storage facility. Re-sampling and analysis of select core intervals will be undertaken to confirm analysis results as well as sample some previously untested core intervals.

About Troubadour Resources Inc.

The Company has signed a letter of intent (LOI) (Company news release March 5, 2019) to acquire a 100% interest in the Privateer Gold Project, located 3km north of the town of Zeballos on Northern Vancouver Island, British Columbia, Canada. The Company is also engaged in the preliminary exploration of its 100% owned Amarillo Project located approximately 30 kilometres west of the town of Peachland and 71 kilometres northeast of the town of Princeton, in southwestern British Columbia.

The Privateer Gold Project consists of six (6) mineral tenures and 84 crown grants encompassing the historic Zeballos gold camp, which is home to significant past producing mines. Under the terms of the LOI, the Company has an exclusive 90-day due diligence period allowing it to complete a comprehensive review of all available data and evaluate the exploration potential of the Property before entering into a definitive purchase agreement with the vendor.

The Amarillo Project consists of seven (7) mineral tenures totalling 4,178 hectares and is situated within the heart of a major mining district. The multi-element geochemical signature of the Amarillo Project is consistent with a large multi-phase mineralizing system and is acutely similar to some of the neighbouring mining operations; such as the Brenda Cu-Mo-Ag-Au porphyry mine located 10 kilometres to the north that produced 278,000 tonnes of copper, 66,000 tonnes of molybdenum, 125 tonnes of silver and 2 tonnes of gold over a twenty-year mine life (source: Brenda Mines website).

Patrick McLaughlin, P. Geo., a Qualified Person as defined by NI 43-101, has reviewed and approved the contents of this news release.

(1) Zeballos Camp Historic Production Source: Hanson and Sinclair, Geological Fieldwork 1982 Summary, Province of British Columbia Ministry of Energy, Mines and Petroleum Resources.

For further information please contact:

Troubadour Resources Inc.
625 Howe Street, Suite 488
Vancouver, BC V6C 2T6
Geoff Schellenberg, President
Office: (604) 681-0221
geoff@troubadourresources.com

Forward Looking Information

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43666

Pool Safe Partners with Global Resort and Casino Operator for Las Vegas Property

Toronto, Ontario–(Newsfile Corp. – March 26, 2019) – Pool Safe Inc. (TSXV: POOL) (“Pool Safe” or the Company“) is pleased to announce that it has entered into a Revenue Share Partnership with one of Las Vegas’s premier global resort and casino operators.

Under the terms of the agreement, Pool Safe will provide and deploy 34 PoolSafes in all the cabanas of the Las Vegas-based property. The installation of the PoolSafes has been completed, and the Company expects operations to commence before the end of the month. As with all Pool Safe revenue share agreements, the Company will fund the production, delivery and integration of the PoolSafes at the property. In return, the PoolSafes will be deployed in VIP seating locations, with the Company receiving 60% of the daily rental revenues.

Based upon historical revenue increases generated from similar high-end locations, Pool Safe expects to install many more PoolSafe units to other properties owned by the resort operator over the course of the year.

“This particular property will be a wonderful Las Vegas proving ground for our PoolSafes,” said David Berger, CEO of Pool Safe. He continued, “The Las Vegas strip and their many magnificent hotels and resorts will benefit greatly from the added level of luxury and security the PoolSafe units provide.”

Pool Safe Inc.

Pool Safe Inc. designs, develops and distributes a product known as the “PoolSafe”, which functions as a multi-purpose personal poolside attendant. The PoolSafe is designed to provide safety, convenience and peace of mind for hotels, resorts, waterparks and cruise ship guests. Functions include: lockable safe, solar-powered charger for USB compatible electronic devices including phones and tablets in addition to a server call-button, a beverage cooler and holders. Conveniently located alongside pool or beach lounge chairs, PoolSafe is a unique way of providing vacationers with a comforting sense of security for their belongings, while they enjoy their vacation. For more information please visit www.poolsafeinc.com.

Pool Safe Inc. is a fully reporting publicly traded company which is listed on the TSX Venture Exchange under the symbol POOL.

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.

Cautionary Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Pool Safe Inc.
Steven Glaser
Chief Operating Officer
E: sglaser@poolsafeinc.com
T: 416-630-2444

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43652

NUGL Adds Veteran Businessman Bob Kurilko to Board of Directors

Los Angeles, California–(Newsfile Corp. – March 26, 2019) – NUGL Inc. (OTC Pink: NUGL) (the “Company”), a one-stop shop for all things cannabis through the intelligent connection of consumers and companies, has added veteran businessman Bob Kurilko to its Board of Directors.

Mr. Kurilko has held executive roles with internationally known brands such as Nissan North America, Edmunds, and in most recent years Bob has been focused on leading and growing more entrepreneurial companies. A UCLA Certified Director of Corporate Governance, Bob is highly sought after for his track record of creating wealth for shareholders while bringing a high level of corporate governance and overall discipline to the boards on which he serves.

Bob is recognized as an engaged and authentic growth leader who consistently looks for better, faster, and more effective ways to achieve corporate goals. Core personal strengths include the ability to make the complex simply understood and actionable, quickly processing large amounts of information and determining relevant factors, exhibiting high emotional intelligence (EQ), and the ability to inspire collaborative engagement and decisive action.

“Bob is a born leader who has more experience and success in taking successful start-ups to the next level than anyone I know or have worked with,” stated Brandon Vargas, CEO, NUGL. “In fact, Bob led his most recent company to over 400% growth over the course of five years. Wherever Bob has placed his focus on in his career, growth has always followed.”

“I view NUGL as not only an emerging leader in the cannabis space but also a transcendent social media company that is squarely on the path to becoming the next household name, competing with the current top-tier social media platforms,” stated Kurilko.

NUGL is preparing for its official launch of the NUGL 2.0 social media platform described as “Limitless.” NUGL has designed the most integrated and user-friendly social media platform on the market and will be launching the platform in conjunction with the first print version of NUGL Magazine at the Los Angles Forum with KDAY’s Krush Groove event.

About Bob Kurilko:

https://www.linkedin.com/in/bobkurilko/

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.

For more information and updates, visit one of the links below.

Website: http://www.nugl.com/
Facebook: https://www.facebook.com/nuglapp/
Instagram: https://www.instagram.com/nuglbusiness/
Twitter: https://twitter.com/nuglapp/

NUGL: https://beta.nugl.com/

LinkedIn: https://www.linkedin.com/company/nuglapp/

Newsletter: https://nugl.us16.list-manage.com/subscribe?u=219fe8bb6995a19827c9f36cb&id=dc46712578

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Contact Information:

Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982

Investor Relations & Financial Media

Integrity Investor Relations

info@integrityir.com

Toll Free: (888) 216-3595

www.IntegrityIR.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43661

Good Life Networks Acquisition, 495 Communications, Increases Roku Channel Development by 40%

Corporate Logo

Vancouver, British Columbia–(Newsfile Corp. – March 26, 2019) – Good Life Networks Inc. (TSXV: GOOD) (FSE: 4G5) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company is excited to announce that 495 Communications LLC. (“495“), a GLN digital property, has increased its portfolio of Connected Television (“CTV“) Roku channels by 40% since the acquisition in December 2018.

Currently, more than 164 million U.S. internet users access video content via CTV, with this number predicted to grow up to 204.1 million viewers in 2022(1). GLN anticipated the growth of CTV (and associated decline of traditional cable TV) and transitioned into the space through the acquisition of 495 and ImpressionX. Since the acquisition in December 2018, 495 has significantly grown its platform of Roku channels capitalizing on the increase of consumers using CTV. The increase in channels will provide more monetization opportunities for 495, and potentially add to GLN’s combined annual revenue. 495’s platform is now being powered by GLN’s proprietary technology, with channels across a variety of subjects including: sports, cooking, comedy, music and movies.

“Disney just acquired FOX to create the streaming service, Disney+(2), Apple just announced its new streaming service, Apple+(3), and The Trade Desk’s CTV revenue increase of over 525% last year(4), all positive indicators for significant growth of the CTV sector,” stated Jesse Dylan, CEO of GLN. “495 is ideally positioned to see additional ad revenue opportunities from their continued CTV channel development. I’m impressed with the teams progress so far this year and look forward to continued future growth!”

Both 495 and ImpressionX are leading CTV advertising technology companies. 495 focuses on content marketing, through building and developing CTV and Over the Top (“OTT“) channels for the sake of monetization and content distribution. CTV refers to any smart TV that can be connected to the internet and can stream OTT content beyond what is available from a traditional cable provider. OTT refers to any device (Roku, PlayStation, Xbox, Apple TV) that can be connected to a TV to allow for the delivery of video from the internet. Roku pioneered streaming for the TV(5)and plans to be a billion-dollar company in 2019. Roku also reported 40 percent year-over-year active user growth, with 27.1 million active users by year-end, and a 69 percent year-over-year increase in streaming hours, which reached 7.3 billion(6).

The GLN Story

GLN’s patent pending technology is the engine that sits between advertisers and publishers. A highlight of GLN’s tech is that it does not collect PII (Personal Identifiable Information). Built for cross device video advertising: Mobile, In-App, Desktop and CTV (Connected Television) the GLN Programmatic Video Advertising Platform has among the lowest fraud rates of similar vendors in the industry. Advertisers make more money by reaching their target audience more effectively. GLN makes money by retaining a percentage of the advertiser’s fee.

GLN is headquartered in Vancouver, Canada with offices in Newport Beach and Santa Monica California, New York and UK and trades on the TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5. For further information on the Company, visit www.glninc.ca

CONTACT

Investor Relations
investors@glninc.ca

Jesse Dylan, CEO

604 265 7511

(1)https://smartyads.com/blog/connected-tv-advertising/
(2)https://www.thewaltdisneycompany.com/disney-and-21st-century-fox-announce-per-share-value-in-connection-with-71-billion-acquisition/
(3)https://www.cnbc.com/2019/03/25/apple-tv-channels-streaming-tv-service-announced.html
(4)http://investors.thetradedesk.com/news-releases/news-release-details/trade-desk-reports-fourth-quarter-and-fiscal-year-2018-financial
(5)https://www.roku.com/en-ca/about/company
(6)https://techcrunch.com/2019/02/22/roku-on-track-for-1-billion-in-revenue-in-2019/

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.

Forward Looking Statements:

Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of GLN. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to the performance of 495. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. Important factors that may cause actual results to vary include without limitation, risks relating to the continued growth of CTV opportunities, the performance of digital channels created by 495 or the successful completion and monetization of additional channels.

In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation that 495 will generate the anticipated revenue and expand GLN’s global reach per management’s expectations. GLN does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in GLN’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43658