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Crystal Lake Mining Appoints Chief Financial Officer and Director

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Kelowna, British Columbia–(Newsfile Corp. – April 8, 2020) – Crystal Lake Mining Corporation (TSXV: CLM) (OTC Pink: SIOCF) (FSE: SOG) (“Crystal Lake” or the “Company“) is pleased to announce the appointment of Mr. David Cross as Chief Financial Officer and Mr. Terence Ortslan as an Independent Director to the Board.

Cole Evans, Crystal Lake Mining’s CEO commented, “I am happy to welcome both David and Terence as valued members to the Crystal Lake Mining team. Both of these gentlemen are highly qualified professionals in each of their respective disciplines. Their addition, along with the recently appointed Director David Watkins and Corporate Secretary Natasha Chapman, bolster the Company’s corporate backbone as we prepare to advance our flagship 551 km2 Newmont Lake Project in the heart of BC’s Golden Triangle.”

David Cross Appointed Chief Financial Officer

David “Dave” Cross is a Chartered Professional Accountant, Certified General Accountant and Partner at Cross Davis & Company. Mr. Cross has spent 23 years as an accounting professional with a passion and focus for the mining and energy industries. Prior to co-founding Cross Davis & Company in 2010, Dave spent 5 years at Davidson & Company LLP Chartered Accountants as a Manager, as well as roles on the Technical Accounting Committee, and IFRS Interpretations Committee.

Terence Ortslan Appointed to the Board of Directors

Terence S. Ortslan is a mining consultant and an independent director in the industry. He has been associated with numerous companies and served on their board of directors and various committees. He is a graduate mining engineer from McGill University. He pursued his MBA studies and his adjunct professorship at the same institution. After working at various mining operations, he has joined the financial sector and advised various financial institutions for over forty years for their investment strategies, criteria and opportunities within the mining sector. Terence will serve as an Independent Director of Crystal Lake.

He is a member of the Society of Mining Engineers, Prospectors & Developers Association of Canada, Mineral Resource Analysts Group, National Association of Business Economics and Canadian Institute of Mining, Metallurgy & Petroleum. He recently was awarded the CIM Robert Elver Mineral Economics Award for his significant contribution to the field of mineral economics in Canada.

Resignation

Furthermore, the Company is announcing the resignation of Mr. Brian Moore from Crystal Lake Mining’s Board of Directors and as CFO effective April 1st, 2020. The Company would like to thank Mr. Moore for his tenure and wishes him success in his future endeavors.

About Crystal Lake Mining

Crystal Lake Mining is a junior Canadian mining exploration company focused on exploration and development of it’s 551 km2 Newmont Lake Property in the Golden Triangle of northwest British Columbia, Canada. The Company has an option to earn a 100% interest in the Newmont Lake Project, which is one of the largest land packages in the broader Eskay Creek region of Northwest British Columbia’s Golden Triangle.

On Behalf of the Board of Directors,

CRYSTAL LAKE MINING CORP.

Cole Evans
Chief Executive Officer

Email: info@crystallakemining.com
www.crystallakemining.com

For further information please contact:

Investor Relations
Sean Kingsley – Director of Communications
Tel: +1 (604) 440-8474
Email: info@crystallakemining.com

Forward-Looking Statement
This news release may contain certain “forward looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. 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/54269

CSE Bulletin: Suspension – Avarone Metals Inc. (AVM)

Toronto, Ontario–(Newsfile Corp. – Le 8 avril/April 2020) – Effective immediately Avarone Metals Inc. is suspended pursuant to CSE Policy 3 for failure to comply with Exchange Requirements. The suspension is considered a Regulatory Halt as defined in National Instrument 23-101 Trading Rules. Cease trade orders have been issued by the Ontario Securities Commission and British Columbia Securities Commission.

_________________________________

En vigueur immédiatement, Avarone Metals Inc. est suspendue conformément à la politique 3 du CST pour non-respect des exigences d’échange. La suspension est considérée comme un arrêt réglementaire au sens de la Norme canadienne 23-101 sur les règles de négociation. Des ordonnances d’interdiction d’opérations ont été émises par la Commission des valeurs mobilières de l’Ontario et la British Columbia Securities Commission.

Date:

le 8 avril/April 2020

Symbol(s)/Symbole(s):

AVM

If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com

Si vous avez des questions ou si vous avez besoin d’informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l’adresse: Listings@thecse.com

Two Hands Corporation Enters into Application Development Agreement

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Toronto, Ontario–(Newsfile Corp. – April 8, 2020) – Two Hands Corporation, (OTC PINK: TWOH) a leading custom application development company, has entered into a custom application development agreement.

The company started work on a new Online Grocery Delivery application that will aid our client with their product distribution and order processing. We’ve diversified to meet new demand for online delivery due to the current Pandemic.

About Two Hands Corporation

Two Hands Corporation is a custom application development company with proven numerous technological competencies in digital technologies. The company delivers diversified and top-quality solutions to companies in North America. Please visit our website at www.twohandsgroup.com

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company’s ability to finance its planned expansion efforts; the company’s ability to raise funds on acceptable terms; the company’s ability to successfully adapt its business model and such other risks disclosed from time to time in the company’s reports filed with the securities and exchange commission including those on the company’s annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.

CONTACT:

Two Hands Corporation
IR@twohandsapp.com
www.twohandsgroup.com

SOURCE: Two Hands Corporation

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54235

CPI Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 in CPI Aerostructures, Inc. to Contact the Firm

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New York, New York–(Newsfile Corp. – April 8, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in CPI Aerostructures Inc. (NYSE: CVU) (“CPI” or the “Company”) of the April 24, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in CPI stock or options between May 15, 2018 and February 14, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/CVU. There is no cost or obligation to you.

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

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com

Telephone: (877) 247-4292 or (212) 983-9330

The lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all those who purchased CPI common stock between May 15, 2018 and February 14, 2020 (the “Class Period”). The case, Rodriguez v. CPI Aerostructures, Inc. et al., No. 20-cv-00982 was filed on February 24, 2020.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) CPI Aerostructures’ financial statements included in the Company’s Forms 10-Q for the first, second, and third quarters of 2018 and 2019 incorrectly applied generally accepted accounting principles and thus revenue, net income, retained earnings, and contract assets were overstated; (2) as a result, the financial statements included in the Form 10-Qs for 2018 and 2019 and the annual report on Form 10-K for 2018 could no longer be relied upon and required restatement; (3) CPI Aerostructures lacked adequate internal controls over financial reporting and effective disclosure controls and procedures as of the period during each reporting period of 2018; (4) CPI Aerostructures lacked effective disclosure controls and procedures during the third quarter of 2019; and (5) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 8, 2019, before market hours, CPI Aerostructures filed a Form 8-K with the SEC, reporting that its previously filed 3Q 2018 10-Q should no longer be relied upon. Specifically, CPI Aerostructures disclosed that, during the three and nine months ended September 30, 2018, revenue was overstated by $900,000 to $950,000, net income was overstated by $725,000 to $775,000, and, as a result, earnings per share were overstated by $0.09 per share, for each such period. CPI Aerostructures also admitted that management determined the Company had a material weakness in its internal control over financial reporting as of September 30, 2018, and that its disclosure controls and procedures were not effective.

After the announcement, CPI’s share price fell from $6.93 per share on February 7, 2019 to a closing price of $6.34 on February 8, 2019-a $0.59 or 8.51% drop.

Then, on February 14, 2020, CPI announced that its financial statements for fiscal year 2018, the last three quarters of 2018, and the first two quarters of 2019 should no longer be relied upon due to errors in those financial statements relating to the Company’s recognition of revenue from contracts with customers under ASC Topic 606.

In addition, the Company announced that investors should no longer rely upon the independent auditor’s reports on the effectiveness of internal control over financial reporting for the year ended December 31, 2018, as well as management’s reports on the effectiveness of internal control over financial reporting, press releases, and investor communications describing the Company’s financial statements for these periods. The Company also announced the resignation of its Chief Financial Officer.

After the announcement, CPI’s share price fell from $6.67 per share on February 13, 2020 to a closing price of $4.87 on February 14, 2020-a $1.80 or a 26.99% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding CPI’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54240

Anadarko Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Anadarko Petroleum Corporation To Contact The Firm

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New York, New York–(Newsfile Corp. – April 8, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in (NYSE: APC) Anadarko Petroleum Corporation (“Anadarko” or the “Company”) of the April 20, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. The Company is now a wholly-owned subsidiary of (NYSE: OXY) Occidental Petroleum Corporation.

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If you invested in Anadarko stock or options between February 20, 2015 and May 2, 2017 and would like to discuss your legal rights, click here: www.faruqilaw.com/APC. There is no cost or obligation to you.

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

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

The lawsuit has been filed in the U.S. District Court for the Southern District of Texas on behalf of all those who purchased Anadarko common stock between February 20, 2015 and May 2, 2017 (the “Class Period”). The case, Georgia Firefighters’ Pension Fund v. Anadarko Petroleum Corporation et al, No. 20-cv-00576 was filed on February 19, 2020, and has been assigned to Judge Nancy F. Atlas.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: 1) the value of the Shenandoah assets and the success of the Shenandoah appraisal wells were overstated; (2) the Company lacked effective internal control over financial reporting; and (3) as a result of the foregoing, Defendants’ statements about the Company’s Shenandoah assets lacked a reasonable basis.

In 2009, Anadarko discovered the “Shenandoah” oil field in the Gulf of Mexico. The Company spent the following eight years appraising the field. During that time, including throughout the Class Period, Defendants made repeated positive representations about the prospects and value of the Shenandoah assets.

On May 2, 2017, however, Anadarko reported quarterly financial results in which it recorded a $467 million impairment charge and expensed $435 million in suspended exploratory well costs related to the Shenandoah project. Critically, the Company admitted that it was suspending the appraisal process due to poor results.

After the announcement, Anadarko’s share price fell from $56.28 per share on May 2, 2017 to a closing price of $51.95 on May 3, 2017-a $4.33 or 7.69% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Anadarko’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54241

Discovery Harbour Submits Exploration Plan of Operations with Ten Drill Sites for Permitting and Updates Financing

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Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) is pleased to announce that it has submitted an Exploration Plan of Operations (“the Plan”) to the United States Forest Service (“USFS”) in furtherance of the Company’s planned drill program at the Caldera gold project, Nevada. The Plan includes up to 10 drill targets in five separate mineralized areas.

Mark Fields, the Company’s President and CEO, states, “The work we have completed to date represents a major step towards drill testing the potential of the Caldera project. We have selected 10 targets from no less than 33 targets within five of the eight distinct gold mineralized areas at Caldera. Figure 1 attached to this news release outlines the locations of the 10 drill sites, each having the potential to deliver a high grade intersect. I would like to thank our consultants who have helped prioritize these targets.”

Mark Fields continues, “Our plan is to drill 100 to 300 metres deeper than any previous drilling on the Caldera project. Figure 2 to this news release is a conceptual construction of historical drill results and interpretation of where high grade gold mineralization is believed to exist, illustrating the need to drill deeper. We believe the high-grade gold occurrences historically drilled at or near surface were deposited by a deeper low sulphidation epithermal gold system. All of the data we have analyzed support our theory that the gold system should be intact.”

The Company commenced the drill permitting process late last year. Since then, it has selected the specific drill sites and engaged a Nevada contractor to conduct the baseline studies required for the environmental impact analyses of the Plan. The contractor is prepared to initiate field work as soon as ground and weather conditions allow.

Once complete, the USFS will review the Plan for conformance to regulatory requirements. Future drilling is subject to USFS and other regulatory approvals as well as financing.

Drill Targets

Each of the five mineralized areas (Adara, Calista, Darius, Faustus and Gemina) selected for drill site permitting are described in detail in our January 9, February 10 and March 4, 2020 news releases. Figure 1 provides the location of the 10 drill sites submitted for permitting and Figures 2 and 3 provide a conceptual cross section and selected historical drill hole highlights respectively.

The 100% Discovery Harbour-optioned Caldera property was generated by Don Merrick and John Zimmerman of Genesis Gold Corporation, a private Utah company specializing in gold exploration in the Western United States (

Figure 1: CALDERA GOLD PROJECT – DRILL SITES SUBMITTED FOR PERMITTING

To view an enhanced version of Figure 1, please visit:
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Figure 2: CALDERA GOLD PROJECT – CONCEPTUAL ADARA-GEMINA SCHEMATIC CROSS SECTION

To view an enhanced version of Figure 2, please visit:
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Figure 3: CALDERA GOLD PROJECT – HISTORICAL DRILLING HIGHLIGHTS

To view an enhanced version of Figure 3, please visit:
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54249

HP Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In HP Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 8, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in HP Inc. (NYSE: HPQ) (“HP” or the “Company”) of the April 20, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in HP stock or options between February 23, 2017 and October 3, 2019 and would like to discuss your legal rights, click here: http://www.faruqilaw.com/HPQ. There is no cost or obligation to you.

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

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

The lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all those who purchased HP common stock between February 23, 2017 and October 3, 2019 (the “Class Period”). The case, Electrical Workers Pension Fund, Local 103, I.B.E.W. v. HP Inc. et al, No. 20-cv-01260 was filed on February 19, 2020, and has been assigned to Judge Susan Illston.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by falsely emphasizing that its four-box model was an accurate, reliable tool to determine demand and revenue in the Company’s Supplies business, and reassuring investors that, based on the four-box model, HP had a “clear line of sight to supply stabilization.”

On February 27, 2019, after the close of trading, HP reported that total Supplies revenue was down 3%, with a 9% decline in Europe, the Middle East, and Africa (“EMEA”), for the first quarter of fiscal 2019. On an earnings call held that day, HP management attributed the shortfall to weaker than predicted demand from commercial customers in EMEA driven by an increase in online sales, where HP had a lower market share and faced more competition from cheaper third-party alternatives than in the US. HP admitted to a larger problem with its four-box model: it had been using incorrect Supplies market share assumptions and, contrary to its previous statements, in fact had limited “visibility into the downstream channel ecosystem” and had failed to accurately predict “a decline in share and, to a lesser extent, pricing,” most significantly for Supplies in HP’s commercial channels.

On this news, the Company’s stock price fell from $23.85 per share on February 27, 2019 to $19.73 per share on February 28, 2019: a $4.12 or 17.27% drop.

Then, on May 30, 2019, at the Sanford C. Bernstein Strategic Decisions Conference, former CEO and named Defendant Dion Weisler disclosed additional detail on the lack of telemetry data, admitting that the consumer segment of the Supplies business had had telemetry data for years, meaning that management had known all along the importance of telemetry data for an accurate model and that the commercial Supplies business lacked this key input.

On this news, the Company’s stock price fell from $19.14 per share on May 30, 2019 to $18.68 per share on May 31, 2019: a $0.46 or 2.4% drop.

Then, on August 22, 2019, after the market closed, HP announced in a press release, also filed on Form 8-K with the SEC, that Defendant Weisler would step down at the end of October 2019 due to a family health matter. HP also announced disappointing earnings results for the third quarter of fiscal 2019, with Supplies revenue down 7% year-over-year. Management also revised Supplies revenue guidance even further down, to 4% or 5% down for fiscal 2019 from previous guidance of 3%.

On this news, the Company’s stock price fell from $18.93 per share on August 22, 2019 to $17.81 per share on August 23, 2019: a $1.12 or 5.92% drop.

Finally, on October 3, 2019, after the market closed, HP announced that it was “departing from the purely transactional Supplies-centric business model” and transitioning to a hardware-driven business. The new business model would give customers the choice between a discounted HP printer that can only function with HP Supplies or a higher-priced HP printer with the option to choose third-party cartridges. Under the new business model, HP would abandon its use of the four-box model as the Company de-emphasized Supplies revenue and instead would focus on “the key metrics [of] service growth and operating profit dollars, which better reflect[] the system profitability.” The Company also announced mass layoffs as part of a major company restructuring, in which it expects to cut between 7,000 to 9,000 positions, or up to 16% of its global workforce, over three years.

On this news, the Company’s stock price fell from $18.40 per share on October 3, 2019 to $16.64 per share on October 4, 2019: a $1.76 or 9.57% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding HP’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54242

Bullfrog Gold to Start Drill Program at its Nevada Project

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Grand Junction, Colorado–(Newsfile Corp. – April 8, 2020) – Bullfrog Gold Corp (OTCQB: BFGC) (CSE: BFG) (FSE: 11B) (“Bullfrog”, “BFGC” or the “Company”) is pleased to announce a drill program at its Bullfrog Project (“Project”) located 125 miles NW of Las Vegas, Nevada. Arrangements for site preparation and drilling are in place and an accredited laboratory in Reno has been engaged to assay drill samples. The program is fully funded and permitted, cash reclamation bonds have been posted and a cultural-archaeological survey was recently completed to allow drilling on lands leased and optioned to purchase from Barrick Bullfrog Inc. The direct program cost is estimated at $500,000 for drilling, assaying, geological personnel and field services. The program consists of drilling 9,000 feet in 17 holes as described below during a 6 week period starting in early May, unless changes are imposed by the coronavirus crisis.

  • Drilling priority holes NE of the existing Bullfrog and around the Montgomery-Shoshone pits to expand resources and pit limits. Most of this drilling will be on lands leased from Barrick and is required to meet final work commitments and thereby allow the purchase of said lands by September 23, 2020. After drill results are analyzed, a few additional holes will likely be drilled in a subsequent program to fully optimize ultimate pit limits.
  • A few priority, but discretionary holes are planned in our new Paradise Ridge exploration target located one mile east of the Bullfrog Pit. Geological studies of this target have identified an undrilled area 2,000 meters long and 350 meters wide that has the identical host rocks as the 2+ million ounce Bullfrog deposit, similar structures and gold in surface samples. Testing the entire target will require much more drilling in subsequent programs.

In summary, the Company is committed to conserve cash during the global crisis but will also meet its 2020 obligations while adding value and advancing the Project.

About Bullfrog Gold Corp.

Bullfrog Gold Corp. is a Delaware corporation that controls the commanding land and mineral positions in the Bullfrog Mine area where Barrick Bullfrog Inc. produced 2.3 million ounces of gold by conventional milling beginning in 1989 and closing in early 1999 when the gold price was under $300/ounce.

The large data base obtained from Barrick includes detailed information on 155 miles of drilling in the Bullfrog area. An independent 43-101 report prepared in 2017 estimated mineralization at 624,000 ounces at 0.7 g/tonne gold within expanded pit plans on the Company’s lands based on a gold price of $1,200 and heap leaching. An annual production rate of at least 60,000 ounces is currently envisioned by management, or more depending on success from drill programs. Much additional technical and corporate information may be sourced at www.bullfroggold.com.

Cautionary Note Regarding Forward Looking Statements

This press release contains certain “Forward-Looking Statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein including those with respect to the objectives, plans and strategies of the Company and those preceded by or that include the words “believes,” “expects,” “given,” “targets,” “intends,” “anticipates,” “plans,” “projects,” “forecasts” or similar expressions, are forward-looking statements that involve various risks and uncertainties. Forward looking information in this press release includes but is not limited to statements regarding increased liquidity for the Company’s shareholders and the application of metallurgical testing results.

Such forward-looking information and statements are based on numerous assumptions, including among others, the Company’s ability to successfully maintain its listings, the stability of industry and market costs and trends and the Company’s ability to obtain all regulatory approvals required for its planned objectives. Furthermore, by their very nature, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, events, results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, those related to: (a) adverse regulatory or legislative changes (b) market conditions, volatility and global economic conditions (c) industry-wide risks (d) the Company’s inability to maintain or improve its competitive position and (e) the ability to obtain financing needed to fund the continued development of the Company’s business.

We use certain terms in this valuation such as “mineralization” and “mineral inventory estimates” that are not defined in Canadian National Instrument 43-101; or recognized under the U.S. SEC Industry Guide 7. The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no resources or reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Additional information regarding important factors that could cause actual results to differ materially from the Company’s expectations is disclosed in the Company’s documents filed from time to time with the United States Securities & Exchange Commission. Investors are urged to consider closely the disclosures in our Form 10-K and other SEC filings, which can be obtained from the SEC’s website at http:www.sec.gov/edgar.shtml.

Qualified Person

David Beling, P.E. has 55 years of project and corporate experience in the mining industry and is a qualified person as defined by Canadian National Instrument 43-101 – Standards of Disclosure or Mineral Projects. Mr. Beling has prepared, supervised the preparation of, or approved the technical information that forms the basis of the Company’s disclosures, but is not independent of Bullfrog Gold Corp, as he is the CEO & President and holds common shares and incentive stock options of the Company. For further information, please contact David Beling, CEO & President, at (970) 628-1670.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54267

JELD-WEN Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In JELD-WEN Holding, Inc. To Contact The Firm

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New York, New York–(Newsfile Corp. – April 8, 2020) – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in JELD-WEN Holding, Inc. (NYSE: JELD) (“Jeld-Wen” or the “Company”) of the April 20, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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If you invested in JELD-WEN stock or options between January 26, 2017 and October 15, 2018 and would like to discuss your legal rights, click here: www.faruqilaw.com/JELD. There is no cost or obligation to you.

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

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

The lawsuit has been filed in the U.S. District Court for the Eastern District of Virginia on behalf of all those who purchased Jeld-Wen common stock between January 26, 2017 and October 15, 2018 (the “Class Period”). The case, Cambridge Retirement System v. Jeld-Wen Holding, Inc. et al., No. 3:20-cv-00112 was filed on February 19, 2020, and has been assigned to Judge John A. Gibney, Jr.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and or failing to disclose that: (1) Jeld-Wen products, including doors, compete against other manufacturers on price, and described the market in which the Company sells its doors as “highly competitive”; (2) Jeld-Wen’s strong margins and anticipated margin growth were attributed to legitimate business factors, such as “making strategic pricing decisions based on an analysis of customer and product level profitability” and increasing its emphasis on “pricing optimization”; (3) these and similar statements made by defendants during the Class Period were false and misleading because defendants knew that Jeld-Wen was engaged in a price-fixing conspiracy with another door manufacturer to artificially increase or maintain prices of interior molded doors; and (4) consequently, Jeld-Wen common stock traded at artificially inflated prices throughout the Class Period.

On August 7, 2018, a veteran industry analyst at J.P. Morgan slashed his estimates for Jeld-Wen’s earnings in 2018 and 2019 and lowered his December 2018 price target for Jeld-Wen’s stock, based, in part, on the “ongoing Steves and Sons litigation.”

On this news, the Company’s stock price fell from $26.33 per share on August 7, 2018 to $23.71 per share on August 8, 2018: a $2.62 or 9.96% drop.

Then, on October 5, 2018, the Judge presiding over the Steves Litigation ruled that as part of the resolution of that case, Jeld-Wen would be required to divest the Towanda, Pennsylvania door skin facility the Company had obtained as part of its acquisition of CMI. This disclosure caused several securities analysts to downgrade Jeld-Wen stock over the ensuing trading days, with analysts at Baird noting that the divestiture is “among the worst case scenarios.” Analysts at RBC Capital Markets commented that up to 33% of Jeld-Wen’s global door skin manufacturing capacity would be lost by the divestiture of the Towada plant.

On this news, the Company’s stock price fell, over the following three trading sessions, from $24.09 per share on October 5, 2018 to $22.91 per share on October 9, 2018: a $1.18 or 4.90% drop.

Finally, on October 15, 2018, after the market closed, Jeld-Wen announced that the Company expected its third quarter 2018 financial results to include a $76.5 million charge related to the ongoing Steves Litigation, and reflected the judgment anticipated to be entered against Jeld-Wen, as recent rulings in the case “now provided sufficient detail for the company to estimate future liabilities if the appeal process is unsuccessful.” The Company also announced the sudden resignation of its CFO, Defendant Mallard.

On this news, the Company’s stock price fell from $21.31 per share on October 15, 2018 to $17.28 per share on October 16, 2018: a $3.03 or 18.91% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Jeld-Wen’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54244

Therma Bright Extends Closing to Acquire Benepod(R) Pain Relief Technology and Other Medical Device Technology from Saringer Life Science Technologies Inc.

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Toronto, Ontario–(Newsfile Corp. – April 8, 2020) – Therma Bright Inc. (TSXV: THRM), (“Therma Bright” or the “Company”), a progressive medical device technology company, has agreed to extend the closing of the asset purchase transaction with Saringer Life Science Technologies Inc. (“Saringer”). As previously reported on January 15, 2020 the Company entered into a non-binding letter of intent (“LOI”) to acquire Benepod®pain relief technology and other medical device related technology from Saringer.

Despite the difficulties being faced during the current Covid-19 pandemic crisis, Therma has agreed with Saringer to extend the period to complete due diligence, prepare definitive agreements and conclude the asset purchase on or about July 31, 2020. The terms as outlined in the press release issued on January 15, 2020 will remain the same.

More information about Saringer products can be found at:

https://www.saringer.com

The transaction will be subject to TSX Venture Exchange approval.

Rob Fia, CEO, commented:

“The Covid-19 crisis has created a difficult environment to conclude the transaction between Therma and Saringer on our original timeline. We continue to believe that Saringer is an attractive acquisition as Saringer’s BenePod® technology is a proven pain relief technology saving Therma extensive time and expense related to design, quality management implementation and IP protection.

About Therma Bright Inc.

Therma Bright is a progressive medical device technology company focused on providing consumers with quality medical devices that address their dermatological and healthcare needs. Clear and healthy skin for all is at the core of the Company’s philosophy as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments. The Company’s breakthrough proprietary technology delivers effective, non-invasive and pain free skin care.

Therma Bright received a Class II medical device status from the FDA for its platform technology that is indicated for the relief of the pain, itch, and inflammation from over 20,000 different insect stings and bites, (including bees, wasps, hornets, mosquitoes, black flies and jellyfish). The Company received approval for the above claims from FDA (United States) in 1997.

Therma Bright Inc. trades on the TSXV (TSXV: THRM). For more information visit: www.thermabright.com and www.coldsores.com

For further information please contact:
Therma Bright Inc.
Rob Fia
CEO
rfia@thermabright.com

FORWARD LOOKING STATEMENTS

Certain statements in this news release constitute “forward-looking” statements. These statements relate to future events or the Company’s future performance and include the acquisition of the Saringer products, all as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. In addition to other risks, the Company may not protect all or any of the patents as described in this news on the timelines described. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

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 press release.

This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54266