NEW YORK, NY / ACCESSWIRE / April 27, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Celladon Corporation (“Celladon” or the “Company”) (NASDAQ: CLDN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether Celladon and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On April 26, 2015, the Company announced that “its Phase 2b CUPID2 trial did not meet its primary and secondary endpoints. CUPID2 is a randomized, double-blind, placebo-controlled, multinational trial evaluating a single, one-time, intracoronary infusion of the cardiovascular gene therapy agent MYDICAR(R) (AAV1/SERCA2a) versus placebo added to a maximal, optimized heart failure drug and device regimen.”

On this news, shares of Celladon fell $10.13 per share, to $3.55, or more than 74.05%, in pre-market trading on April 27, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 428235

Discovery Minerals Reveals New Label for Premium Flavor Hemp Seeds 

LOS ANGELES, CA / ACCESSWIRE / April 27, 2015 / Discovery Minerals Ltd. (OTC PINK: DSCR) (PINKSHEETS: DSCR) Discovery Minerals Ltd. and AB AGRO Technologies Inc. (AB AGRO) are pleased to announce the initial flavor for I-B8’s Premium Flavor Hemp Seeds will be “Big Game Brisket.” The Big Game Brisket flavor is a combination of sweet smoky hickory edge with a spicy bite to finish. A second flavor is in the works and will be announced soon. 

Discovery and AB AGRO are currently arranging for the transportation of the hemp seeds to the Mercer Seed Ltd. processing facility in Lethbridge, Alberta where they will be washed and made “non-viable.” AB AGRO is also working with Cole International, the customs brokers, to ensure that all of the required FDA, US Customs and DEA documents are prepared for the hemp seed to be inspected before crossing the border to be delivered to roasting facilities in the United States.

AB AGRO is in the process of arranging for hemp seed samples to be sent to Sungold Foods/Red River and Friederichs Seed, Inc., the two selected roasting/salting companies, for production and processing line testing. I-B8 has sunflower seeds and bottles currently on order and once delivered to I-B8’s facility, final production, flavoring and packaging can occur. 

The “Big Game Brisket” label and bottle can be viewed online at: http://discoveryholdingscorp.com/updates/i-b8-trial-label/ or http://www.i-b8.com/#!blank/cuf4.

About Discovery Minerals LTD.:

Discovery Minerals Ltd., (OTC: DSCR) is an acquisition and development company that targets natural resource properties through its subsidiaries. These properties fall within two primary channels, precious metals/mining and industrial hemp. Discovery subsidiaries engage in activities that include the cultivation, product development, and distribution of industrial hemp; Gold, silver and precious metals. In addition, the Company is pursuing clean tech and alternative energy investments to be integrated into these business channels.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. 

Contact Person:

Russell Smith
1-310-961-4654
info@discoveryholdingscorp.com

SOURCE: Discovery Minerals LTD. 

ReleaseID: 428237

3rd Annual US/Canada Border Conference Set for September 15th and 16th in Detroit; Advisory Board Announced

DETROIT, MI / ACCESSWIRE / April 27, 2015 / September 15th and 16th, 2015, marks the 3rd annual meeting at the Cobo
Center in Detroit of senior level officials from U.S. and Canada border
security agencies, state, provincial, and local law enforcement, as
well as private industry thought leaders.

“U.S. and Canadian government officials, law enforcement agencies,
and private-industry are advancing their joint-initiatives to address
evolving threats and border challenges,” said Paul Mackler,
President & CEO of Eagle Eye Expositions, producer of this
exclusive conference. “Recent incidents in Canada and the United States,
coupled with world events, and the need to facilitate legitimate trade
and travel along the shared U.S.-Canada border, while increasing
security, will be the main focus of this year’s conference.”

RCMP’s announcement late last
year of a $92 million surveillance web, formally known as the Border
Integrity Technology Enhancement Project, spanning 700 kilometers of
eastern Canada, will be among the priority programs and initiatives in
focus at this year’s conference. Session topics will include North
American perimeter security, the recently signed pre-clearance
agreement, maritime security, national security threats and US-Canada
cooperation, as well as executive updates from senior officials from
both nations.

The 2015 US/Canada Border Conference Advisory Board is comprised of
distinguished border security experts and industry leaders from both
countries. The Board directs the development of the conference program,
recruiting a strong slate of speakers charged with implementing the
Beyond the Border Action Plan.

Robert C. Bonner, former Commissioner of U.S. Customs and Border
Protection and currently senior principal of the Sentinel HS Group,
serves as Advisory Board Chairman.

“I’m delighted to Chair the 3rd annual US/Canada Border Conference
Advisory Board with such an extraordinary group of colleagues from both
the U.S. and Canada,” said Bonner. “This is truly the North American
moment, and we need to take full advantage of it by making trade and
travel move more seamlessly between the borders of our two nations. This means building upon the Beyond the Border initiative, and building
in security well before goods and people reach our mutual border. We
will bring together thought leaders and policy makers from both nations
in a forum which envisions the border for the 21st Century, a border
that meets the Twin Goals of security and prosperity.”

Advisory Board Chairman

Robert C. Bonner, Senior Principal, Sentinel HS
Group, Former Commissioner, U.S. Customs and Border Protection, Former
Administrator, U.S. Drug Enforcement Administration, Former U.S.
District Judge for California’s Central District

Advisory Board Members

David V. Aguilar, Partner, GSIS, Former Deputy Commissioner and Former Acting Commissioner, U.S. Customs and Border Protection

Jayson P. Ahern, Principal, The Chertoff Group, Former Acting Commissioner, U.S. Customs and Border Protection

W. Ralph Basham,
Partner, Command Consulting Group, Former Commissioner, U.S. Customs
and Border Protection, Former Director, U.S. Secret Service

Pierre-Yves Bourduas,
President, P-Y Public Safety Management Inc., Former Deputy
Commissioner of Federal Services and Central Region, Royal Canadian
Mounted Police

Michael Braun, Managing Partner, SGI Global, LLC, Former Chief of Operations, U.S. Drug Enforcement Administration

Theresa Cardinal Brown, Director, Immigration Policy, Bipartisan Policy Center, Principal, Cardinal North Strategies, LLC

Ronald S. Colburn, President, The Border Patrol Foundation, Former National Deputy Chief, U.S. Border Patrol

Allen Gina, Co-Founder, CT Strategies, Former Assistant Commissioner, International Trade, U.S. Customs and Border Protection

D. Brian Peterman, Vice Admiral, U.S. Coast Guard, (ret), President and CEO, Command at Sea International

James D. Phillips, President & CEO, Canadian/American Border Trade Alliance

Interested in attending? Complete conference inquiry form.

Interested in becoming a sponsor? Complete sponsor inquiry form.

To learn more about the US/Canada Border Conference, visit www.Beyond-Border.com.

The US/Canada Border Conference is an exclusive two-day conference
focusing on the Beyond the Border initiative, with specific goals
outlined in the Action Plan including: addressing threats early, trade
facilitation, economic growth and integrated cross-border law
enforcement. To learn more, visit www.Beyond-Border.com.

Eagle Eye Expositions, LLC, a leading producer of conferences, trade shows and digital media, produces the 3rd annual US/Canada Border Conference, an exclusive conference focused on achieving the goals of shared security and prosperity, as well as the 10th annual Border Security Expo,
April 12-13, 2016 at the Phoenix Convention Center in Phoenix, AZ, a
comprehensive conference and exhibition focused on countering
transnational organized crime: an important component of
counter-terrorism strategy. For more information, visit www.EagleEyeExpos.com. 

SOURCE: Eagle Eye Expositions, LLC 

ReleaseID: 428234

BROSSARD, QC / ACCESSWIRE / April 27, 2015 / Nippon Dragon Resources Inc. (the “Corporation” or “Nippon”) (TSX-V Symbol: NIP), is extremely pleased to announce that it has signed an exclusive distribution agreement with SAFESCAPE for its patented Thermal Fragmentation mining method in various contracts and mining operations throughout the Countries of Australia, New Zealand, Papua New Guinea, Indonesia and the Philippines (“the Territory”). Highlights of the distributorship agreement include the granting of the exclusive rights to SAFESCAPE for the usage, distribution, training and marketing of the Method by SAFESCAPE who will have the exclusivity in the Territory for a period of 5 years once certain terms specified within the agreement have been met. It is intended that the revenues generated by the agreement be based using a monthly Intellectual Property fee model (“the IP fee”) and an equipment-leasing model.

SAFESCAPE plans on also using the Method to facilitate the installation of its Safescape Laddertube escapeway system designed specifically for use in underground mines. A fully-enclosed, durable polyethylene product, Safescape Laddertube is not impacted by water, salt or other mineral deposits. It requires minimal upkeep, fits comfortably within a 1m / 42″ openings and provides for the ultimate in user safety.

Nippon will manufacture and ship two (2) Thermal Fragmentation units known as “Mini-Dragons” to SAFESCAPE premises in Forrestfield, Western Australia. Nippon will retain ownership of the units that will become part of Nippon’s fleet of Thermal Fragmentation units.

“This agreement is the perfect example of how we intend to derive a constant flow of revenue for the Company while achieving global availability of our thermal fragmentation mining method. SAFESCAPE’s management’s vision and business strategy are totally in line with ours and we look forward to working closely with them to rapidly develop these major markets.” stated Andre Savard, Nippon’s President and CEO.

Mr. Steve Durkin, Managing Director of SAFESCAPE reports: “I quickly realised that this versatile and innovative mining method is a solution needed by the mining industry in order to reduce costs, increase productivity and contribute to a safer workplace. I intend to use this innovative technology not only for regular stoping and mining development services but also for creating 1m diameter openings in order to install our manway and escapeway systems in lieu of using raiseboring or conventional raise blasting methods.”

About SAFESCAPE

SAFESCAPE manufactures and installs the Safescape Laddertube escapeway system to mining and other industries. SAFESCAPE commenced operations in 2010, since then, over 12,000m of Laddertube have been installed worldwide. With offices in Bendigo, Victoria, Perth, Western Australia and Denver,USA, SAFESCAPE is able to meet the needs of mining companies globally. SAFESCAPE‘ vision is to create a safer and better underground mining workplace globally and its success has been recognized through various awards. Please visit the website www.safescape.com

Additionally, Nippon is pleased to announce the closing of a second tranche of the non-brokered private placement. This second tranche is for 812,500 units of the Corporation at a price of $0.08 per unit (the “Units“), for aggregate gross proceeds of $65,000.00. Each unit consists of one common share in the share capital of the Corporation (a “Common Share“) and one warrant of the Corporation (a “Warrant“). Each warrant entitles the holder thereof to purchase one additional common share in the share capital of the Corporation at a price of $0.12 per common share for a period of 24 months following the closing of the private placement.

All securities issued in connection with the Private Placement are subject to a four month and one-day hold period from the date of issuance, expiring on August 28th, 2015. The Corporation intends to use the net proceeds of the Private Placement for general corporate purposes and working capital for adequate deployment of the thermal fragmentation technology on different projects at the national and international level.

About Nippon

Nippon is active in the exploration and the development of gold resources in Quebec. The Corporation holds a gold property with resources recognised in accordance with NI43-101, a modular treatment plant and also an exclusive license for the Thermal Fragmentation mining method.

The company’s growth strategy is based on:

• -The development of its gold deposits with the objective of producing revenue from its operations;

  -Increasing the value of its mining assets by prioritizing the exploration targets; and

  -The commercialisation and employment of its thermal fragmentation technology.

For additional information:

John Stella, Investor relations (514) 718-7976 jstella@nippondragon.com

Andre Savard, President & CEO (450) 510-4442 asavard@nippondragon.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. This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation 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 or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Ressources Nippon Dragon Resources Inc. 7055 Taschereau Blvd., suite 500, Brossard (Quebec) J4Z 1A7

Tel: (450) 510-4442 www.nippondragon.com

6034781.2

SOURCE: Nippon Dragon Resources Inc.  

ReleaseID: 428232

BROSSARD, QC / ACCESSWIRE / 27 avril, 2015 / Ressources Nippon Dragon Inc. (la << societe >> ou << Nippon >>) (TSX-V Symbole: NIP), est tres heureuse d’annoncer qu’elle a signe une entente de distribution exclusive avec Safescape pour sa methode brevetee d’extraction par fragmentation thermique pour divers contrats et operations minieres dans les pays de l’Australie, la Nouvelle-Zelande, la Papouasie-Nouvelle-Guinee, l’Indonesie et les Philippines (“le territoire”). Quelques faits saillants de l’accord de distribution comprennent l’octroi de droits exclusifs a Safescape pour l’utilisation, la distribution, la formation et la commercialisation de la methode par Safescape qui aura l’exclusivite dans le territoire pour une periode de cinq annees, une fois certaines conditions specifiees dans le contrat ont ete remplies. Il est prevu que les revenus generes par l’accord soient bases en utilisant un modele de charges mensuel de la propriete intellectuelle (“charges de l’IP>>) ainsi qu’un modele de location d’equipement.

Safescape prevoit egalement utiliser la technologie pour faciliter l’installation de son systeme de secours Safescape Laddertube concu specifiquement pour une utilisation dans les mines souterraines. Un produit de polyethylene durable entierement clos, Safescape Laddertube n’est pas affecte par l’eau, le sel ou d’autres mineraux. Il necessite un minimum d’entretien, s’adapte confortablement dans une ouverture de 1m / 42″ et offre une securite accrue pour les utilisateurs.

Nippon fabriquera et expediera deux unites (2) de fragmentation thermique appelees <<Mini-Dragons” aux locaux de Safescape a Forrestfield en Australie Occidentale. Nippon conservera la propriete des unites qui feront partie de sa flotte d’unites thermiques.

“Cet accord est l’exemple parfait de la facon dont nous avons l’intention de tirer un flux constant de revenus pour la Societe, tout en realisant une disponibilite globale de notre methode d’extraction par fragmentation thermique. La vision de la direction de Safescape et leurs strategies d’entreprise sont totalement en ligne avec les notres et nous sommes tres motives de collaborer pour developper rapidement ces grands marches.>>, a declare Andre Savard, President et Chef des Operations de Nippon.

M. Steve Durkin, directeur general de Safescape declare: “J’ai vite realise que cette methode d’extraction polyvalente et novatrice est une solution necessaire a l’industrie miniere afin de reduire les couts, accroitre la productivite et contribuer a un milieu de travail plus securitaire. J’ai l’intention d’utiliser cette technologie innovante, non seulement pour les services de developpements miniers reguliers mais aussi pour creer des ouvertures de 1 metre de diametre pour installer nos systemes de secours au lieu d’utiliser des methodes de foncage de monteries ou de dynamitage conventionnel. “

A propos de Safescape

Safescape fabrique et installe le systeme de secours Safescape Laddertube a l’industrie miniere et a d’autres industries. Safescape a commence ses activites en 2010, depuis lors, plus de 12.000m de Laddertube ont ete installes dans a travers le monde. Avec des bureaux a Bendigo, Victoria, Perth, Australie-Occidentale et a Denver aux Etats-Unis, Safescape est en mesure de repondre aux besoins des societes minieres a l’echelle mondiale. La vision de Safescapes est de creer un milieu de travail souterrain plus securitaire a l’echelle mondiale et son succes a ete reconnu par la remise de plusieurs prix. Visitez le site web a www.safescape.com

De plus, la societe annonce la realisation d’une deuxieme tranche d’un placement prive sans intermediaire. Cette deuxieme tranche totalise 812 500 unites de Nippon, au prix de 0,08 $ l’unite (les << unites >>), pour un produit brut total de 65 000.00$. Chaque unite est composee d’une action ordinaire du capital social de la societe (une << action ordinaire >>) et d’un bon de souscription de la societe (un << bon de souscription >>). Chaque bon de souscription permet a son porteur d’acquerir une action ordinaire additionnelle du capital social de la societe au prix de 0,12 $ l’action ordinaire pendant une periode de 24 mois suivant la cloture du placement prive.

Les titres emis dans le cadre du placement prive seront assujettis a une periode de restriction a la revente d’une duree de quatre mois et un jour suivant leur date d’emission, expirant le 28 aout 2015. La societe a l’intention d’affecter le produit du placement prive au fond de roulement de la societe, ainsi que pour soutenir le deploiement de la fragmentation thermique sur differents projets tant au niveau national qu’international.

Nippon est actif en exploration et dans le developpement de ressources auriferes au Quebec. L’entreprise detient un gisement aurifere avec ressources reconnues selon le Reglement 43-101, une usine modulaire de traitement ainsi qu’une licence exclusive pour la technologie de fragmentation thermique.

Sa strategie de croissance repose sur :

• -Le developpement de ses gisements auriferes avec l’objectif de generer des revenus de ses operations

  -L’accroissement de la valeur de ses actifs miniers en priorisant de facon agressive l’exploration et la mise en valeur

  -La commercialisation et l’utilisation de sa technologie de fragmentation thermique.

Pour de plus amples informations :

John Stella, Relations aux investisseurs (514) 718-7976 jstella@nippondragon.com

Andre Savard, President et Chef de la Direction (450) 510-4442 asavard@nippondragon.com

La Bourse de croissance TSX et son fournisseur de services de reglementation (au sens attribue a ce terme dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilite quant a la pertinence ou a l’exactitude du present communique. Le present communique peut contenir de l’information prospective. Tous les enonces inclus dans les presentes qui ne sont pas des donnees historiques constituent de l’information prospective et cette information comporte des risques et des incertitudes de divers types. Rien ne garantit que cette information se revelera exacte et les resultats reels et les evenements futurs pourraient etre tres differents de ceux qui y sont prevus. Une description des hypotheses utilisees pour rediger cette information prospective et une description des facteurs de risque qui peuvent faire en sorte que les resultats reels soient tres differents de l’information prospective figurent dans des documents d’information continue de Nippon deposes sur le site internet de SEDAR a l’adresse www.sedar.com. Nippon ne s’engage pas a mettre a jour l’information prospective, sauf si les lois sur les valeurs mobilieres applicables l’exigent.

Nippon Dragon Resources Inc. 7055 boul. Taschereau, suite 500 Brossard (Quebec) J4Z 1A7

Tel: (450) 510-4442 www.nippondragon.com

SOURCE: Ressources Nippon Dragon Inc.  

ReleaseID: 428230

VANCOUVER, BC / ACCESSWIRE / April 27, 2015 / Aston Bay Holdings Ltd. (TSX-V: BAY) (“Aston Bay” or the “Company”) today announced that it has amended the terms of its option agreement with Commander Resources Ltd. (TSX-V: CMD) to extend the initial earn-in period on the Storm Project by two years.

“This is a beneficial change to our agreement on the Storm Property and we appreciate Commander’s willingness to work with Aston Bay in these challenging market conditions,” said Benjamin Cox, President and CEO of Aston Bay. “The revised time-line and schedule of expenditures gives the Company much greater flexibility in advancing the Storm Project. “

Under the terms of the revised option agreement, Aston Bay can now earn its initial 51% interest in the Storm Property by incurring a maximum of $3.5m in additional exploration expenditures, as follows:

• -$750,000 during each of the 2015 and 2016 calendar years; and

  -$1,000,000 during each of the 2017 and 2018 calendar years, or until the minimum is met.

In addition, Aston Bay retains the right to earn an additional 19% interest in Storm (for an aggregate 70% interest), as well as its buyout option, which would allow Aston Bay to gain an undivided 100% interest in the Project.

Aston Bay today also announced that it has engaged Red Cloud Mining Capital Inc. (“Red Cloud”) as a non-exclusive independent contractor to provide strategic advisory services to the Company. Red Cloud is known for its strong institutional relationships as well as its ability to recognize companies and projects with significant value potential.

About Aston Bay Holdings

Aston Bay Holdings Ltd. (TSX-V: BAY) is a publicly traded mineral exploration company focused on the 641,416 acre (259,572 hectares) Aston Bay Property located on northwest Somerset Island, Nunavut. The Property hosts the Storm Copper and Seal Zinc prospects where historic drilling has confirmed the presence of sediment hosted copper and zinc mineralization. Aston Bay holds the right to earn or buy up to a 100% undivided interest in the Storm Property from Commander Resources Ltd. (TSX-V: CMD).

On behalf of the Board of Directors,

Benjamin Cox, Chief Executive Officer

Telephone: (360) 262-6969

For further information about Aston Bay Holdings Ltd. or this news release, please visit our website at www.astonbayholdings.com.

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed “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 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. In the event that management’s beliefs, estimates or opinions, or other factors, should change, the Company undertakes no obligation to update these forward-looking statements, except as required by law. We seek Safe Harbor.

SOURCE: Aston Bay Holdings Ltd. 

ReleaseID: 428229

VANCOUVER, BC / ACCESSWIRE / APRIL 27, 2015 / GLOBAL COBALT CORP. (TSXV:GCO, PINKSHEETS:GLBCF, 3P0.F) (“Global Cobalt“ and/or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) of up to 5,000,000 units (the “Units”) of the Company at a price of $0.05 per Unit for up to CAD $250,000.

The Offering is expected to close, subject to approval from the TSX Venture Exchange, on or about May 1, 2015 or such other date as the Company may determine. Proceeds from the Offering will be used to complete the plan of arrangement and spin-out transaction (the “Transaction”) announced on April 7th, 2015.

The non-brokered private placement will consist of the Company issuing up to 5,000,000 Units at a price of $0.05 per Unit. Each Unit consists of one common share of the Company (a “Share“) and one common share purchase warrant (a “Warrant“) entitling the holder to acquire an additional common share of the Company (a “Warrant Share“) for a period of 24 months following the Closing Date at an exercise price of $0.07 per Warrant Share.

In connection with the Offering, the Company may pay finder’s fees to arm’s-length third parties consisting of: (i) cash commission of up to 8% of the gross proceeds of the Offering; and (ii) broker warrants (“Broker Warrants”) in an amount up to 8% of the total number of Units under the Offering. Each Broker Warrant will expire 24 months from the date of issue (the “Broker Warrant Expiry Date”) and will entitle the holder thereof to purchase one Unit of the Company at a price of $0.07 per Unit at any time up until the Broker Warrant Expiry Date.

As announced on April 20th, 2015, Global Cobalt’s majority shareholder, Imperial Mining Holding Limited (“IMHL”), agreed to sign a lock-up arrangement with Global Cobalt fully supporting the plan of arrangement and spin-out of the new energy metals focused company. Key to this lockup is that IMHL, with a 27.8% holding of the Company, has agreed to waive its right to receive securities in SpinCo effectively reducing SpinCo’s outstanding shares and strengthening shareholder’s equity.

Equally important is that all other shareholders of Global Cobalt common shares on the effective date of the Transaction, other than those held directly and indirectly by IMHL, will be entitled to received one SpinCo Share for each common share of Global Cobalt held on the Effective Date.

The spinout transaction should also maximize shareholder value by not only providing exposure to SpinCo’s North American assets and future acquisition initiatives but also through their continued position in Global Cobalt and the interest in its project portfolio in Russia.

In addition to allowing the company to continue to focus efforts on securing and developing Karakul, the company is confident that having a separately financed and managed mineral exploration business will accelerate the development of Werner Lake and Iron Creek, and give scope for new acquisitions in the energy metals sector.

The securities issued in the private placement will be subject to a hold period of four months plus one day following the issue date, under applicable Canadian securities legislation.

The private placement is subject to TSX Venture Exchange approval.

A shareholders’ meeting to consider and vote on the Plan of Arrangement amongst other matters will be held on June 11th, 2015. Additional details of the spin-out transaction will be included in an information circular to be mailed to shareholders of Global Cobalt in connection with the Company’s shareholders meeting referred to above.

Global Cobalt Corporation:

Global Cobalt Corporation is a publicly traded Canadian resource company that was founded in 2007 to take advantage of the global transformation that is occurring in the strategic metals sector of the mining industry. Through a combination of acquisitions and internally developed businesses, Global Cobalt exploits market opportunities as they emerge in various sectors of the energy metals sector with emphasis on those metals, such as cobalt, used in the rechargeable battery space.

For Further Information:

Mr. Mitchell Smith, Corporate Development
Suite 1501-128 West Pender Street
Vancouver, BC V6B 1R8
Tel: +1 (604) 688-4219
Fax: +1 (604) 688-4215
Email: info@globalcobaltcorp.com
www.GlobalCobaltCorp.com

TSXV:GLOBAL COBALT; OTCBB:GLBCF; 3P0.F; CUSIP:37890F

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws, concerning the business, operations and financial performance and condition of the Company. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements contained in this news release include statements with respect to: expectations regarding shareholder approval of the Amendment; the delivery of a National Instrument 43-101 compliant technical report and mineral resource estimate for the Karakul cobalt project and the ability of the Company to raise the additional funds required for the continued development of its mineral properties. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from our expectations include uncertainty about the level of shareholder support for the Amendment and the share issuances contemplated thereunder; the need to obtain permits and governmental approvals; risks of construction and mining projects such as accidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation in geological structures, ore grades or recovery rates; unexpected cost increases; fluctuations in metal prices and currency exchange rates; the impact of economic sanctions on companies conducting business in Russia; and other risk and uncertainties disclosed in reports and documents filed by the Company with applicable securities regulatory authorities from time to time. The forward-looking statements made in this news release reflect management’s beliefs, opinions and projections on the date the statements are made. Except as required by law, Global Cobalt assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.

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.

SOURCE: Global Cobalt Corp. 

ReleaseID: 428228

VANCOUVER, BC / ACCESSWIRE / April 27, 2015 / Newnote Financial Corp. (CSE: NEU) (OTCQB: NWWTF) (1W4.F), (the “Company”) is pleased to announce that Mr. Mitchell Demeter has been appointed to the Company’s Board of Directors.

Mr. Demeter is a serial entrepreneur with a vast range of experience in many endeavors. Mr. Demeter is an expert at building strategic relationships and recognizing opportunities early and has used this skill to quickly grow companies from the ground up into profitable ventures. Mr. Demeter’s was co-founder of Cointrader.net Bitcoin Exchange, which was recently acquired by Newnote and co-founded Bitcoiniacs – The Bitcoin Store, which was the world’s first brick and mortar Bitcoin Exchange.

In addition, Harvey Dick steps down as Chairman and Director of Newnote. We thank him for his contributions to the Company.

The company also discloses, subject to regulatory approval, the Corporation has granted a total of 600,000 incentive stock options to directors and officers to purchase common shares, at an exercise price of $0.15 per common share, and expire on April 28, 2016, in accordance with the Corporation’s Stock Option Plan.

Further, the Company announces it intends to settle outstanding indebtedness of $25,000 through the issuance of common shares of the Corporation at a deemed price of $.15 per common share (the “Debt Settlement”).

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange and offers Point-of-Sale services to merchants accepting Bitcoin for merchandise. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

Newnote Financial Contact Information

Paul Dickson
President, CEO & Director
Newnote Financial Corp.
CSE: NEU; OTCQB: NWWTF; 1W4.F
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
Phone: 604-229-0480
Fax: 604-685-3833
web: www.newnote.com
Bitcoin exchange: www.cointrader.net

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

SOURCE: Newnote Financial Corp. 

ReleaseID: 428227

NEW YORK, NY / ACCESSWIRE / April 27, 2015 / SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update on Innovus Pharmaceuticals, Inc. (OTCQB: INNV).

The report is available here: INNV Update Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, CapitalIQ, FactSet, and Zack’s. The report will also available on these platforms. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

Innovus Pharmaceuticals, Inc. (OTCBB: INNV) is an emerging commercial stage pharmaceutical company that delivers safe, innovative and effective over-the counter medicine and consumer care products to improve men and women’s health, vitality, and respiratory diseases. The currently has five commercial products: Zestra(R) (for female arousal), Zestra Glide(R) (female water-based lubricant), EjectDelay(R) (for premature ejaculation), Sensum+(R) (ex- US, for reduced penile sensitivity), and Vesele(R) (for sexual and cognitive health). The company has also in-licensed Androferti(R) (for male reproductive health) in the US and Canada, and recently acquired FlutiCare(TM) nasal spray (for Allergic Rhinitis).

Innovus recently reported full year 2014 results, with highlights as follows:

– Revenue increased to $1mn in the company’s first full year of commercial operations, up from $6,641 in 2013

– EPS came in at ($0.20) versus ($0.23) in 2013

– Signed distribution agreements with approximately $2mn in minimum annual orders in 2015 for its five commercial products from its seven global partners.

“Innovus generated $1mn in revenue during 2014, up substantially from $6,641 in 2013. This was the company’s first full year of commercialization. More important in our view, is the fact that during 2014, Innovus struck commercial distribution agreements with seven commercial partners for its five existing commercial products, totaling over $2mn in minimum annual orders in 2015E. We are maintaining our target price of $1.34,” stated Ajay Tandon, CEO of SeeThruEquity.

Additional highlights of the update note are as follows:

Solid first year of commercialization; poised for growth in 2015

Innovus generated $1mn in revenue during 2014, up substantially from $6,641 in 2013. This was roughly aligned with our thinking, and we see it as a solid first full year of commercialization. In 2015E we forecast sales to grow 265% to reach $3.8mn. During 2014 Innovus generated $375,00 in licensing revenues and $655,113 in product sales, representing 34% and 64% of total sales, respectively. Gross margins on product sales were 55.4%, a figure we have forecast to expand over time as the company scales.

Expanding international distribution drives growth

During 2014, Innovus struck commercial distribution agreements with seven commercial partners for its five existing commercial products, which totaled over $2mn in minimum annual orders in 2015E. The company continues to add strategic partners in 2015 as it pursues its goal of making its commercial products available in 40 countries by the end of the year. Most recently, Innovus struck agreements with Tabuk Pharmaceutical Manufacturing Company, BroadMed SAL, and Oz Biogenics. The BroadMed agreement covers the distribution of Sensum+(R) in Lebanon and includes up to $11.1mn in upfront sales and milestone payments, plus royalties. The Tabuk deal includes up to $86.5mn in upfront and sales milestone payments, plus royalties based on Tabuk’s sales, and grants Tabuk an exclusive license to market and sell EjectDelay(R), Vesele(R) and Sensum+(R) in Saudi Arabia, the Gulf Countries, North Africa and the Middle East. The Oz Biogenics agreement grants it an exclusive license to all products for Myanmar and Vietnam with minimum orders of over $0.8mn over the term of the agreement.

Attractive additions to product portfolio

On February 5, 2015, the company also announced it was acquiring FlutiCare(TM) for Allergic Rhinitis. With Fluticasone propionate nasal spray being the most prescribed nasal steroid in the US since 2007, FlutiCare(TM) is well positioned to benefit as this large market transitions to OTC. Innovus expects to launch FlutiCare(TM) in 2016E, assuming the FDA approves the product’s abbreviated new drug application (ANDA) for the OTC version.

Maintain price target of $1.34

We see Innovus as a high-risk / high-reward investment opportunity in the OTC pharmaceuticals space with a differentiated business model focused on men and women’s health, vitality, and respiratory diseases and an expanding international presence. We are maintaining our price target of $1.34 for Innovus at this time. If achieved this would represent 793% upside from the recent market price of $0.15 on April 22, 2015.

Please review important disclosures on our website at www.seethruequity.com.

About Innovus Pharmaceuticals, Inc.

Headquartered in San Diego, Innovus Pharma is an emerging leader in OTC and consumer products for men’s and women’s health, vitality, and respiratory disease. The Company generates revenues from its lead products Zestra(R) for female arousal and EjectDelay(R) for premature ejaculation and has a total of five marketed products in this space, including Sensum+(R) for reduced penile sensitivity, (for sales outside the U.S. only), Zestra Glide(R) for female arousal, Vesele(R) for promoting sexual and cognitive health, and two products in the pipeline including, Androferti(R) (in the US and Canada) to support overall male reproductive health and sperm quality and FlutiCare(TM), an OTC drug for Allergic Rhinitis (currently ANDA submitted to FDA for approval).

For more information, go to http://www.innovuspharma.com, http://www.zestra.com, http://www.ejectdelay.com, http://www.myvesele.com, http://www.sensumplus.com, http://www.myandroferti.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson Reuters One (First Call), CapitalIQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 428212

NEW YORK, NY / ACCESSWIRE / April 27, 2015 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update note on ScripsAmerica, Inc. (OTCQB: SCRC).

The report is available here: SCRC Update Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

ScripsAmerica is a growing provider of specialty prescription and over-the-counter (OTC) pharmaceuticals and medical supplies. At present the company generates the majority of revenues from its high margin specialty pharmacy business, which is led by its Main Avenue Pharmacy subsidiary. Based in New Jersey, Main Avenue specializes in compounding and is licensed to prepare and fill prescriptions using topical creams rather than pill format. In recent weeks, ScripsAmerica provided a positive update for 2014 and 1Q15 results, and also announced its intention to acquire an equity interest in more specialty pharmacies that would expand its specialty pharmacy operations into an additional 30 states.

“We see 2015 as having the potential to be a watershed year for ScripsAmerica. We expect the company to generate significant growth over 2014 revenues of $30mn, with easy comparables in the first half of the year allowing time for the company to grow its budding PIMD business and expand its specialty pharmacy business through acquisitions as well as geographic expansion. Further, we expect an update on the status of the launch of RapiMed in Hong Kong, and it’s new Physician Dispensing Program, which is scheduled to rollout during 3Q15.,” stated Ajay Tandon, CEO of SeeThruEquity. “We are maintaining our 12-month price target of $1.20 per share.”

Additional highlights of the update note are as follows:

Scrips reports strong revenue growth in fiscal 2014

ScripsAmerica released a business update on March 23, 2015, in which it confirmed preliminary fiscal 2014 revenues of over $30mn and a profitable second half of the year. The results were roughly in line with our estimate of $31.9mn on the top line, and we believe represent a significant milestone for the company. ScripsAmerica also disclosed a profitable beginning to the year, confirming that it would generate over $0.4mn in net income during 1Q15 on revenues of at least $9.5mn, representing growth of over 10x from 1Q14 revenues of $0.8mn. Although $9.5mn is a sequential decline from 4Q14 levels, management indicated that this was primarily the result of seasonality in the compounding business during January and February.

Acquisitions to dramatically expand compounding business

On March 6, 2015, ScripsAmerica announced its intention to acquire an equity interest in two additional specialty pharmacy businesses, which would increase the number of states in which the company can provide compounding to 40. As we noted during our initiation report on ScripsAmerica in December, we envision the specialty pharmacy division underpinning strong growth for ScripsAmerica for years to come. The company’s Main Avenue unit can only provide compounding distribution in approximately ten states, so the proposed acquisitions have the potential to make a major impact on the specialty pharmacy business by increasing its geographic reach fourfold.

Gaining traction at PIMD

ScripsAmerica also appears to be gaining traction at PIMD International LLC (“PIMD”), a prescription drug and OTC branded products wholesaler located in Miami, FL, with DEA and state licenses to operate in eleven states. ScripsAmerica controls a 90% interest in PIMD, which specializes in providing medical wholesale services to hospitals, pharmacies and physicians, proving access to medications where there are shortages and customer inventories are below manufacturer allocation requirements. Although it is in the early stages, PIMD has experienced rapid growth from a small initial base, with revenues increasing from $135,000 in January to $554,000 in February.

Please review important disclosures on our website at www.seethruequity.com.

About ScripsAmerica, Inc.

ScripsAmerica, Inc. is a supplier of prescription, OTC and nutraceutical drugs, delivering pharmaceutical products to a wide range of end users across the health care industry. End users include retail pharmacies, hospitals, long-term care facilities and government and home care agencies.

For more information, visit www.ScripsAmerica.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 428214