Search Blog
Categories
December 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031

Tags

Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Diana Containerships, Inc. (DCIX) and Encourages Investors to Contact the Firm

By Bragar Eagel & Squire, P.C.

NEW YORK, NY / ACCESSWIRE / December 11, 2017 / Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Diana Containerships Inc. (NASDAQ: DCIX) securities between January 26, 2017 and October 3, 2017 (the “Class Period”). Investors have until December 22, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The Complaint alleges that, during the Class Period, CEO and Board Chairman Symeon P. Palios caused Diana to engage in manipulative share issuance and sales transactions with Kalani Investments and related entities. Through his control of Diana, Palios caused the Company to (1) sell its common shares and certain securities to Kalani at a significant discount to market price and (2) file Registration Statements so that Kalani could resell those shares into the market. When Kalani’s sales of Diana stock caused the price of Diana stock to decline, the Company would reverse split the stock, thereby inflating Diana’s stock price.

Through a series of stock issuances and reversals, Diana officials enriched themselves at the expense of the Company’s public shareholders. These manipulative transactions provided Diana with financing that benefitted Palios, his related companies, family members, and company insiders. Diana shares, which traded at more than $2,500 per share on an adjusted basis, closed at $0.47 per share on October 3, 2017.

If you purchased or otherwise acquired Diana securities during the Class Period and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the Diana lawsuit, please go to www.bespc.com/dcix. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

SOURCE: Bragar Eagel & Squire, P.C.

ReleaseID: 484071

iboss – Named Visionary in Gartner’s 2017 Magic Quadrant for Secure Web Gateways

By iboss

BOSTON, MA / ACCESSWIRE / December 11, 2017 / On June 20, 2017 iboss , provider of the first and only Distributed Gateway Platform, was named a visionary in Gartner’s Magic Quadrant for Secure Web Gateways. Gartner is the world’s leading research and advisory company helping business leaders in every industry and from enterprises of all sizes with the objective insights they need to make informed, successful decisions. The Magic Quadrant is a series of market research reports featuring vendors who rely on proprietary qualitative data analysis methods to demonstrate market trends including direction, maturity and participants.

Gartner rates participants upon two criteria – completeness of vision and ability to execute. Then, using an undisclosed methodology, vendors are placed into one of four categories: Leaders, Challengers, Visionaries or Niche Players. In 2017’s report iboss became the first visionary named in the Magic Quadrant since 2012, which is validation of the company’s position as a disruptor in the market. Per Gartner, “A vendor in the Visionaries quadrant delivers innovative products that address operationally or financially important end-user problems at a broad scale.”

Highlighted was iboss’ ingenious Distributed Gateway Platform that is backed by over 100 patents and used to provide cyber security for over 4,000 organizations worldwide. Built for the cloud, the technology caters to today’s decentralized organizations and scales to meet the ever increasing bandwidth needs of tomorrow. By leveraging an elastic, node-based architecture customers are able to efficiently increase their security instantly, leveraging cloud gateways, optional local gateways, or a combination of both. Delivered entirely via a SaaS subscription model, the Distributed Gateway Platform is all-inclusive, meaning users never need to buy or manage Secure Web Gateway appliances ever again.

This accolade from Gartner is the latest in a series of achievements by iboss, including the official opening of their new corporate headquarters in Boston and the announcement of plans to hire nearly 200 additional employees. “We are thrilled to be named the first visionary in Gartner’s Secure Web Gateway Magic Quadrant in five years,” said CEO and co-founder Paul Martini. “We feel it is further proof the Distributed Gateway Platform is redefining how cyber security is delivered and managed. We are providing one-of-a-kind protection to distributed organizations, in a delivery model unmatched by Secure Web Gateways.”

Founded in 2003, iboss is one of the fastest growing cybersecurity companies in the world redefining the delivery and management of cyber security in the cloudEO. In 2016 the team introduced the Distributed Gateway Platform, the world’s first web gateway as a service delivered via a unique nod-based cloud architecture.

iboss – Redefining the Delivery & Management of Cyber Security in the CloudEO: http://ibossnews.com
iboss – YouTube: https://www.youtube.com/channel/UC_bh_xwIk4iB2gGTsRbu_DA
iboss (@ibossCyber) – Twitter: https://twitter.com/ibosscyber

Contact Information:

ibossNews.com
http://ibossnews.com
contact@ibossnews.com

SOURCE: iboss

ReleaseID: 484072

Gold & Silver-Backed Crypto Currency Trades Over $1 Billion in First Week Pre-Launch ICO

By Global Clear Digital Investment Bank & Trust

LOS ANGELES, CA / ACCESSWIRE / December 11, 2017 / BaselBit 4(#BB4), a crypto coin underpinned by blockchain and backed by the stability of .999 pure AG silver and .999 pure AU gold value, saw more than $1 billion traded in the first day of its ICO prelaunch today.

Shielded from the volatility of fiat or typical crypto currencies, the BaselBit4(#BB4) is backed by real gold value allocated in the Monetary Lien System vaults, with each BaselBit4(#BB4) coin tied to ½ ounce of 99% pure gold value. Investors can effectively buy and transfer the smallest fractions of (#BB4) directly, anywhere at any time, using gold value or as fractional coins into Silver value as an effective payment mechanism and credit system.

With its secure data key card e-wallet, set to be compatible online or at any VISA or MasterCard location, BaselBit4(#BB4) combines the loyalty rewards incentives of the major credit card platforms with the stable backing of precious metals.

The fee generated by each BaselBit transaction is reinvested to buy more gold to back more currency as the platform grows. Non-depleting precious metal assets are provided by Queen Basel to Delaware-based Global Clear Digital Investment Bank & Trust.

For more information, please visit http://www.BaselBit.com or find us on Facebook, Twitter, and Google.

About Basel Bit:

BaselBit (#BB4), a secure and non-volatile crypto currency backed by tangible gold value and silver reserves, allows investors to buy and transfer the smallest fractions of gold or silver value as an effective payment mechanism and credit system, directly and at any time. BaselBit (#BB4) investors use SSL digital wallets to trade the world’s oldest store of value using the world’s most cutting edge blockchain-backed crypto currency.

Contact:

GCC Trustees, LLP
+001 (424) 295-6760
GCtrustees@GCDIBT.com

Basel Bit
+001 (844) 446-8224 (8BB4)
media@baselbit.io
www.BaselBit.com

SOURCE: Global Clear Digital Investment Bank & Trust

ReleaseID: 484063

JRJR Networks to Address Notification of Noncompliance with NYSE American Continued Listing Standards

By JRjr33, Inc.

DALLAS, TX / ACCESSWIRE / December 11, 2017 / JRjr33, Inc. (NYSE American: JRJR), doing business as JRJR Networks, has received a notification (the “Notification Letter”) from the NYSE American LLC (the “Exchange”) that the Company is not in compliance with certain NYSE American continued listing standards relating to the minimum selling price of a listed security.

Specifically, the Notification Letter indicated that the Company is not in compliance with Section 1003(f)(v). The securities have been selling for a low price per share for a substantial period of time and, pursuant to Section 1003(f)(v) of the NYSE American Company Guide, the Company’s continued listing is predicated on it taking appropriate steps to demonstrate sustained price improvement within a reasonable period of time, which the staff determined to be no later than June 5, 2018.

The Company’s common stock will continue to be listed on the NYSE American while it attempts to regain compliance with the listing standards noted, subject to the Company’s compliance with other continued listing requirements. The Company’s common stock will continue to trade under the symbol “JRJR,” but will have an added designation of “BC” to indicate that the Company is not in compliance with the Exchange’s listing standards. The Exchange notification does not affect the Company’s business operations or its SEC reporting requirements and does not conflict with or cause an event of default under any of the Company’s material agreements.

About JRJR Networks (www.jrjrnetworks.com)

JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 50 countries; Paperly, which offers a line of custom stationery and other personalized products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” or “will” or the negative of these terms or other comparable terminology and include statements regarding the Company’s ability to address its low stock price. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to take appropriate steps to demonstrate sustained price improvement within a reasonable period of time and regain compliance with the continued listing standards by June 5, 2018, our ability to comply with other continued listing requirements of the Exchange and the other risks outlined under “Risk Factors” in our Annual Report on Form 10-K for our fiscal year ended December 31, 2016 and our other filings with the SEC, including subsequent reports on Form 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contact:

Media Contact: Brenton Baker (brenton.baker@jrjrnetworks.com)

SOURCE: JRjr33, Inc.

ReleaseID: 484074

Latin American Minerals Announces Increase in Size of Private Placement

Toronto, Ontario–(Newsfile Corp. – December 11, 2017) – Latin American Minerals Inc. (TSXV: LAT) (the “Company“) announces, further to its November 13, 2017 press release, an increase to the size of its non-brokered private placement by $500,000 for aggregate gross proceeds of up to $2,000,000 (the “Offering“). The Offering will now be up to 26,666,666 units (“Units“) at a price of $0.075 per Unit. Each Unit is comprised of one common share (“Common Share“) of the Company and one Common Share purchase warrant (“Warrant“). Each Warrant entitles the holder thereof to purchase one Common Share for a period of five (5) years from the closing of the Offering at a price of $0.10 per Common Share. The proceeds of the offering will be used for general working capital purposes.

Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The Company closed the first tranche of the Offering on December 1, 2017 and will be closing additional tranches of the Offering until December 29, 2017.

This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About the Company

Latin American Minerals Inc. is a mineral exploration and gold mining company which holds its core gold projects in Paraguay. The Company is currently expanding its Independencia Mine gold processing plant to encompass vat-leach gold recovery from mineralization extracted in open pit bulk mining activities at its fully permitted mining concession.

Management has identified exploration targets at Independencia Mine, and six new gold zones on the Company’s adjacent exploration claims, for drill testing. This property package comprises the Company’s 15,020 hectare Paso Yobai gold project.

For more information, please contact:

Mathew Wilson, President & CEO
Toronto: (1-416) 643-7630

E-mail: information@latinamericanminerals.com
Website: www.latinamericanminerals.com

The Company’s public documents may be accessed at www.sedar.com.
For further information, please visit our website at www.latinamericanminerals.com
or email us at information@latinamericanminerals.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain forward-looking information within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as plan, expect, project, intend, believe, anticipate, estimate, may, will, would, potential, proposed and other similar words, or statements that certain events or conditions may or will occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. 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. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Genocea Biosciences, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 2, 2018 – GNCA

By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / December 11, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Genocea Biosciences, Inc. (”Genocea Biosciences”) (NASDAQ: GNCA) between May 5, 2017 and September 25, 2017.You are hereby notified that a securities class action lawsuit has been commenced in the U.S. District Court for the District of Massachusetts. To get more information, go to:

http://www.zlk.com/plsra-c/genocea-biosciences-inc?wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that, throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s finances were insufficient to support Phase 3 trials of GEN-003; (ii) accordingly, Genocea had overstated the prospects for GEN-003; and (iii) as a result of the foregoing, Genocea’s public statements were materially false and misleading at all relevant times.

On September 25, 2017, Genocea disclosed that it was halting spending and activities on GEN-003 and exploring strategic alternatives for the drug. The Company also announced that it was cutting 40% of its workforce.

If you suffered a loss in Genocea Biosciences, you have until January 2, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll-Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 484070

Redstar Gold Announces Drill Results from the 2017 Fall Exploration Program at the Unga Gold Project, Alaska

Redstar Gold Announces Drill Results from the 2017 Fall Exploration Program at the Unga Gold Project, Alaska

Highlights of Fall Drill Program:

  • The Shumagin structure or panel of epithermal mineralization was expanded by 84% in 2017 to 1750m.
  • All 13 holes holes intersected gold and silver mineralization.
  • Drilling confirmed the continuity of mineralization between the “Main Breccia” and “Bunker Hill” gold zones.
  • Drill hole 17SH042 intercepted an approximate 8.3m interval of mineralization, with the highest interval returning 4.33 g/t Au & 2.13 g/t Ag over 0.7m.
  • Drill hole 17SH047 intercepted an approximate 16.3m interval mineralization, with the highest value returning 3.62 g/t Au & 10.2 g/t Ag over 0.5m, and showed strong resemblance to breccias previously drilled in 2015 within the Main Breccia such as drill hole 15SH012.

Vancouver, British Columbia (FSCwire)Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) (“Redstar” or the “Company”) today announces drill results from its 2017 Fall Drill Program, at the 100% controlled Unga Gold Project in Alaska. The program was comprised of thirteen (13) drill holes, totaling 2,641m, and was designed to test two target areas within the Shumagin Gold Zone (Bunker Hill and East Zone) and one area within the Rising Sun Gold Zone in the Apollo-Sitka Gold Trend.

“The 2017 Fall Drill program was primarily designed to further test the continuity of mineralization to the northeast within the Shumagin Gold Zone and enhance our geological model. Shumagin is a structurally complex high-grade epithermal system, as highlighted by high grade zones, or shoots to depth, and indicates continuity at shallow depths ranging from -240m to -330m below surface. The strong continuity of mineralization identified, and our updated geological model developed, will assist in vectoring future drilling for higher grade mineralization and widths at depth, as seen in previous drilling on the Main Breccia. We remain well capitalized, and in 2018 we will continue our exploration program at Shumagin, and look to further evaluate the additional 15+ known gold zones across the Unga district,” stated Peter A. Ball, President and CEO of Redstar Gold.

Shumagin Gold Zone

The Shumagin Gold Zone, previously with a known strike length of 350m as at the end of 2015, and 950m as at the end of 2016, now has shown continuity for approximately 1750m, an expansion of 84% over 2016. Each of the 11 holes drilled in the fall program at Shumagin intercepted gold and silver mineralization.

The Shumagin Gold Zone has four main areas, or zones of mineralization on the basis of location and geology (e.g. SW Extension, Main Breccia, Bunker Hill, & East Zone). During the 2017 fall drill program, eleven (11) drill holes totaling 2,407m were completed over approximately 750m of strike length targeting areas surrounding Bunker Hill and along strike northeast through East Zone.

An active gold-silver deposition was identified in multiple drill holes with colloform textures occuring in a geologic “boiling zone” at consistent elevations approximately -80m to -125m below sea level. Gold and silver mineralization is concentrated within the colloform textured carbonate-green clay breccia for approximately 600m along strike (e.g. grid line 2900E to 3500E) and remains open at depth and along strike for infill drilling and expansion (see long section Figure 1).

Figure 1. 2017 Long Section L to L’.

To view the graphic in its original size, please click here

Areas of infill targeting boiling zones exist below the Main Breccia and along the SW Extension area. Further work is required to vector in on the higher grade mineralized zones, as previously drilled in 2011, 2015, and late 2016.

Figure 2. 2017 Shumagin Drill Collar Plan Map

To view the graphic in its original size, please click here

Eleven (11) drill holes were initiated on the Shumagin zone in this program, and the shallower “Shumagin-style breccia was intercepted in all drill holes and collectively indicates continuity of the mineralized system along the entire strike of the Shumagin Prospect for approximately 1,750m.

The colloform textures are indicative of active boiling and mineral deposition during hydrothermal activity within the vein system and indicate proximity to precious metal deposition zones that are commonly found in high-grade vein systems globally.

Continuity of mineralization occurs between the Main Breccia and Bunker Hill was indicated by drill hole 17SH042, which intercepted an approximate 8.3m interval of mineralization with the highest interval returning 4.33 g/t Au & 2.13 g/t Ag over 0.7m. Drill Hole 17SH047 intercepted an approximate 16.3m interval mineralization with the highest value returning 3.62 g/t Au & 10.2 g/t Ag over 0.5m, and showed strong resemblance to breccias previously drilled in 2015 within the Main Breccia such as drill hole 15SH012.

Rising Sun Prospect

The Rising Sun Prospect, located along the southeast portion of Unga Island, is part of the Apollo-Sitka trend, which is located approximately 3km to the south and parallel to the Shumagin trend. Rising Sun is a splay off of the main Apollo structure approximately 300m east of the Apollo open stope and consists of an approximate 25m wide outcropping multigenerational veins, vein breccias and stockwork identical in geology and sub-parallel to the Apollo Vein System.

Figure 3. Plan Map of the Apollo-Empire Ridge Area, showing the 2017 drill collar

Location for the Rising Sun Drill holes RS-01 & RS-02

To view the graphic in its original size, please click here

Two (2) drill holes (17RS01 & 17RS02), totaling 233.9m, were completed at Rising Sun during the 2017 Fall Drill Program. These holes were designed to test breccias and stockwork at shallow (-60 to -80m) depths below surface exposures to constrain the dip and textures of the vein breccias and stockwork system.

Both drill holes encountered shallow intercepts (approximately 20m down hole) of Shumagin-style quartz-adularia-carbonate breccias and stockwork identical to those previously sampled in and around the Sitka Prospect. Narrow, 1.5m to 6.2m wide crustifrom to cockade textured breccias haloed by narrow QSP alteration and strong silicification occur cutting moderately propylitic altered basalt, andesite and hyloclasite flows. Drill hole 17RS01 intercepted 0.06 g/t Au & 17.3 g/t Ag over 1.0m. Deeper drilling along drill hole 17RS02 returned similar values with the highest values returning 0.289 g/t Au & 18.05 g/t Ag over 1.4m. Additional work is required to vector in to the higher grade zones, as seen at the historical Apollo-Sitka mine.

Complete assay results highlighting anomalous zones intercepted within each drill hole have been compiled and available on the website (www.redstargold.com).

Quality Control/Quality Assurance

The 2017 exploration program at the Unga Project includes a Quality Control/Quality Assurance (QA/QC) program, overseen by Jesse C. Grady, Redstar’s Vice President of Exploration. All analytical geochemistry of core samples from the 2017 Shumagin drilling project have been reviewed for quality assurance and quality control. At this time no significant sample preparatory or analytical problem has been found and ALS Labs has performed well and within expected tolerances. All drill core samples were submitted to ALS labs Fairbanks, Alaska prep lab with subsequent analysis at ALS labs Reno, Nevada or Vancouver, BC facility. All core samples were submitted for prep using code PREP-31BY (Boyd crusher and rotary splitter; 1kg pulverized split) with analysis for gold using AA-24 (50g fire assay) and multi-elements by ME-MS61m (four acid digestion; ICP-MS; ICP-AES; Hg add-on).

Quality control is monitored by the insertion of blind certified reference standards and blanks into each sample shipment at a frequency of 1 control sample per 10 core samples. All samples are weighed prior to shipping. Sample weights were reviewed by comparing lab received weights against shipped weights collected by field personnel. Any inconsistencies would identify sample layout and sequence errors which could lead to miss-matched sample numbers and geochemistry. No errors were encountered.

All blanks inserted show no detectable gold. Blank material used is a gold barren Tertiary age basalt flow collected directly from a local quarry in Fairbanks, Alaska. Multi-element data for the blanks has been reviewed and measured values fall within range for most elements (an extensive database of analytical results for the blanks has been used to establish average values to compare against). All gold control standards have been reviewed and compared against their certified and published values. The standards all performed within thresholds as compared to the certified standard for gold. Thresholds for standards follow the same protocol used by ALS labs. Lab prepared duplicates (samples split in half after crushing as directed by the client) were reviewed and analytical results for gold and multi-elements compare very well.

Jesse C. Grady, MSc, CPG-11592, is a Qualified Person as defined by NI 43-101. Mr. Grady has prepared and approved the technical information contained within this release.

About The Unga Gold Project

The 100% controlled Unga Gold Project covers key strategic portions of adjacent Unga and Popof Islands, approximately 900 kms southwest of Anchorage, Alaska. Redstar controls a 240 square kms land package that is host to numerous structurally controlled, volcanic hosted intermediate-sulfidation epithermal high-grade vein, breccia, stockwork and disseminated gold-silver occurrences.

The Unga Project has excellent infrastructure, including direct daily flights from Anchorage, a deep-sea port and a temperate climate. The former Apollo-Sitka gold mine, located on the southern Apollo-Sitka Trend, was Alaska’s first underground gold mine and the site of historic high-grade gold production.

About Redstar Gold Corp

Redstar is well-financed junior exploration company, with a very strong, supportive institutional shareholder base, no debt, and is focused on high-grade gold exploration and advancing its high-grade Unga Gold Project in Alaska. The 100% controlled Unga Gold Project is an intermediate sulfidation epithermal high-grade gold project on a district scale, with the property encompassing approximately 240 km2, and containing multiple high grade gold zones drilled or identified at surface. The former Apollo-Sitka gold mine, located on the southern Apollo-Sitka Trend, was Alaska’s first underground gold mine and the site of historic high-grade (~10 g/t Au) gold production. The Unga Gold Project has extensive infrastructure with daily flights from Anchorage landing on a one mile long paved airstrip and a deep-water port on neighboring Popof Island, and a moderate climate noting it resides at the 55th degree latitude and next to tidewater. In addition, Redstar owns approximately 18% of NV Gold Corp. (TSXV: NVX). Redstar also owns 30% of the Newman Todd Gold Project, in Red Lake, Ontario, Canada.

On Behalf of the Board of Directors,

Peter A. Ball, President and CEO

For additional information please contact:

T: +1.604.245.5861

Toll Free: 877.310.3330

E: pball@redstargold.com

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.

Forward-Looking Information This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that Redstar Gold Corporation (the “Company”) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Redstar12112017.pdf
Source: Redstar Gold Corporation (TSX Venture:RGC, OTCQB:RGCTF, FWB:RGG)

To follow Redstar Gold Corporation on your favorite social media platform or financial websites, please click on the icons below.

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

Copyright © 2017 FSCwire

Stock Trader Charged in Insider Trading Ring

Washington D.C.–(Newsfile Corp. – December 11, 2017) – The Securities and Exchange Commission today charged a former day trader with making more than $1 million in illegal insider trading profits as part of a ring that allegedly stole confidential information from investment banks and clients so they could trade in advance of secondary stock offerings.

The SEC alleges that Joseph Spera schemed with former colleagues, posing as legitimate portfolio managers to induce investment bankers to bring them ”over the wall” and share nonpublic details about upcoming secondary offerings while agreeing not to disclose the information to others or trade before the offerings were announced. Spera and the others involved allegedly violated those agreements and tipped each other with confidential information that enabled them to trade for a profit ahead of public announcements.

The SEC and criminal authorities previously charged four others in the alleged insider trading ring in parallel actions. In total, the alleged insider trading by Spera and the others generated approximately $5.5 million in illicit profits, including illegal trades they made based on nonpublic information they obtained ahead of a major announcement by a large pharmaceutical company.

”We unraveled many strands of this alleged insider trading scheme by following the chain of tips downstream to those who benefited unlawfully by trading on confidential information that was obtained under false pretenses,” said Sanjay Wadhwa, Senior Associate Director for Enforcement in the SEC’s New York Regional Office.

The U.S. Attorney’s Office for the District of New Jersey has filed a parallel criminal action against Spera, who agreed to plead guilty. Spera’s childhood friend Paul Petrello and two others charged initially, Steven Costantin and Ronald Chernin, have pleaded guilty in the criminal actions and agreed to partial settlements in the SEC cases with potential monetary sanctions to be determined at a later date. Litigation continues against the alleged ringleader of the scheme, Steven Fishoff, who recruited Spera into the fold along with Petrello.

The SEC’s investigation, which is continuing, has been conducted by David Austin, Chevon Walker, Matthew Lambert, Stephen Johnson and George Stepaniuk. The litigation is being led by Todd Brody, and the case is being supervised by Mr. Wadhwa. The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of New Jersey and the Federal Bureau of Investigation as well as the Financial Industry Regulatory Authority and the Options Regulatory Surveillance Authority.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Skechers U.S.A., Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 22, 2017 – SKX

By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / December 11, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Skechers U.S.A., Inc. (“Skechers”) (NYSE: SKX) between April 23, 2015 and October 22, 2015. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information, go to:

http://www.zlk.com/pslra-sbm/skechers-skx?wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that, during the Class Period, statements pertaining to back-half 2015 customer demand and sales growth related thereto were materially false and misleading because Defendants failed to disclose that: (1) the Company’s Domestic Wholesale customers took early receipt of fall 2015 inventory, causing them to delay receipt of and, in some cases, cancel pending orders scheduled for delivery in the second half of 2015; (2) as a result of the foregoing, the Company’s Domestic Wholesale growth rate was unsustainable; and (3) the Company’s positive statements about its business, operations, and prospects lacked a reasonable basis.

If you suffered a loss in Skechers, you have until December 22, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 484041

C3/CustomerContactChannels Sets Strategic Course for 2018 One Year After Ownership Change

By C3/CustomerContactChannels

FORT LAUDERDALE, FL / ACCESSWIRE / December 11, 2017 / When Singapore-based Everise acquired U.S.-based C3/CustomerContactChannels a year ago, it did so with a vision to be a disruptive force in the customer service industry. Sudhir Agarwal, who leads both companies, knows a thing or two about the industry. He helped create and grow Aegis into India’s largest customer contact center companies. After leaving, he had a clear idea of how the customer service business should be re-invented and wanted to prove it.

“The biggest thing is the way agents and customers interact,” said Agarwal. “It’s not just good enough to satisfy a customer, but you must find ways to delight them – to create a memorable ‘Experience.’ If we are not making fans out of our clients’ customers, then we are not doing our job properly.”

With that mindset, a new roadmap was born at C3, a company formed in 2010, backed by Stone Point Capital. Last December, they sold C3 to Everise, a partnership between Sunrise, an investment company formed by Agarwal, and Everstone, a private equity firm based out of Singapore. At the time of closing, C3 was doing $200 million in revenues. With that vision and refreshed energy, the new ownership group set an ambitious goal to reach a half-billion dollars in five years.

“We see a lot of opportunity to grow, not just in the United States, but overseas in the Philippines and other parts of Asia,” said Agarwal. “We want to be able to give our clients more options when it comes to supporting customers in multiple languages with omni-channel support.”

C3 currently operates centers on behalf of their Fortune 500 clients in six U.S. states, Latin America, and the Philippines. They have a workforce of nine-thousand employees worldwide handling thousands of omni-channel customer interactions via telephone, text, chat and social media. This past summer, Everise transacted its first significant deal by signing an MOU for a joint venture with Korean-based UBASE, the biggest BPO company in Korea specializing in customer care. Branded Globee, C3 can now offer clients native-speaking customer service agents to support native speaking customers globally from a home base in Malaysia.

To hammer home its new philosophy of wowing customers, C3 rebranded itself this past year to “We’ll Make a FAN Out of You.” The concept is to engender FAN status from clients, customers, and employees- to evoke the same kind of emotion and passion that one might feel as a loyal fan of a sports team or favorite music group.

The company also came up with the flattest organization structure by teaming staff into four distinct bands designed to support front-line employees and foster disruptive ideas. Agents are now known as Experience Champions, for example, and senior leadership are known as Experience Leaders.

In October during a Client Summit, C3 launched its new R & D division, the C3 Lab, that tests new applications of existing technologies with the goal of improving the customer experience. The lab, powered by Incedo, is pushing the limits of chatbots and robotic process automation to positively impact the relationships C3 clients build with their customers. C3 also launched a new business intelligence tool that gives clients real-time insights on key performance indicators.

“Everything we’ve done to date is meant to support the way we make FANS out of our clients’ customers and the empowerment of our employees,” said Agarwal. “That is the walk that is backing up our talk.”

For 2018, the company plans to continue this trajectory with full force by continuing to grow and expand services, locations, and client relationships by delivering on each of these FAN promises.

About C3

C3 provides a full range of customer contact management services for corporate clients in healthcare, financial services, telecommunications, energy and utilities, media, travel, retail, logistics, hospitality, and government services industries, from both U.S. and international locations. C3 provides multi-lingual support to clients and has eight operating centers across the U.S., the Philippines, and Latin America, with over 9,000 employees. With every client, customer, and employee experience, C3 maintains one simple goal, “We’ll make a fan out of you.” C3’s US headquarters is in Fort Lauderdale, Florida. Visit www.c3connect.com.

About Everstone

The Everstone Group is a premier India and Southeast Asia focused private equity and real estate investment firm with assets under management of approximately US $4 billion. Everstone has around 250 people working across six offices – Singapore, Mumbai, Delhi, Bengaluru, Mauritius, and London. The firm’s strong presence and network in India and Southeast Asia allows its existing and new portfolio businesses to build operations in the region and beyond. Everstone has been awarded ‘Mid-Market Firm of the Year in Asia’ for 2016, as well as ‘Private Equity Firm of the Year in India’ by Private Equity International for six consecutive years from 2011 to 2016. For more information, visit www.everstonecapital.com.

About Sunrise BPO

Sunrise BPO Pte. Ltd. is a Singapore-based Business Process management company with the business mission to be the world’s foremost integrated customer service solution provider, focused on the Americas and Far East markets. It has been set up with the strategic intent to offer its customers a multi-channel and integrated service solution with a focus on the Contact Centre, Back Office and analytics delivered through tech-based service oriented products and process capabilities. This will drive cost saves, create value, and enable Innovation for its clients. For more information visit www.sunriseservices.com.

FOR IMMEDIATE RELEASE

Media inquiries:

Todd Templin / Sandra Reichman
954-370-8999 / 954-290-0810
ttemplin@boardroompr.com / sreichman@boardroompr.com

SOURCE: C3/CustomerContactChannels

ReleaseID: 484042