TORONTO, ON / ACCESSWIRE / April 22, 2015 / Silver Stream Mining Corporation (OTCQB: AGSM) (“Silver Stream” or “the Company”) is pleased to report the appointments of Margaret Kent as the Non-Executive Chairman of the Board and a Director of the Corporation and Richard Meschke as Vice President – Legal and Corporate Development of the Corporation. Kent and Meschke have recently served as consultants to Silver Stream, assisting with the capital restructuring of the Company and the conversion of the Company’s debt into common shares as well as reviewing and advising on the Company’s projects and property option agreements. In accepting the Chairman’s role of Silver Stream, Kent is re-joining several former colleagues in the management team of the Company.

Kent and Meschke will be joining Silver Stream’s management team which consists of Terrence Byberg, President and CEO; Don Bossert, CFO; Michael Gross, Chief Operating Officer; and James Garber, Vice President of Exploration. Silver Stream Directors include Ms. Kent and Messrs. Byberg, Bossert, Peter Calder and Mike Robb.

Margaret “Peggy” Kent has spent almost 40 years in the resource industry, becoming a leader in the financing and development of new projects and taking on development projects that major companies had passed on. She has been the chairman and CEO of a number of publically traded resource companies and has been responsible for the direction of as many as 2,200 employees and the development and operation of eight mining operations, with the largest being the $500 million dollar Kemess project in Central British Columbia, Canada.

Ms. Kent has founded four publicly traded companies and several private companies. Over her career she has raised over $1.5 billion of capital in the equity and public and private debt markets for the acquisition and development of mining projects. Ms. Kent has completed several mergers and acquisitions, including a simultaneous merger of five TSX-listed companies to form Royal Oak Mines. In addition, she successfully acquired the Caribou Mine, now owned by Trevali Mining Corporation, out of receivership.

As Chairman, President and CEO of Century Mining Corporation she acquired the Sigma-Lamaque Complex (historical gold production of 9 million ounces) out of a receivership. In 2009 she restructured Century by arranging and closing the first prepaid gold facility with Deutsche Bank in conjunction with a large equity placement, in order to put the Lamaque mine back into operation. She has also served as Executive Chair of Tamerlane Ventures Inc.

She has been a member of the boards of directors of several of Canada’s leading resource and chemical companies (including Talisman Energy, TransCanada Corporation and Nova Chemicals) and a number of mining companies. Early in her career Kent owned and operated her own research and development facility, providing chemical and metallurgical services to the mining industry throughout North America. She has also co-authored a number of technical patents.

Richard Meschke has nearly forty years of experience in financial, legal, corporate development and commercial roles within the mining and engineering industries, initially with major companies and more recently in the junior mining sector. Beginning in 2006, Meschke was chief financial officer and vice president, legal and corporate development for Century Mining Corporation, and has held similar responsibilities with other junior companies. While with Century he completed a $60 million financial restructuring of the company utilizing debt financing including a prepaid forward gold sale, and private placements of equity including bringing in a new controlling shareholder.

Earlier in his career, Meschke held executive positions with AMAX Inc. in the energy and base & precious metals groups. He also led commercial functions for the construction and engineering services company AMEC plc.

Terrence Byberg, Silver Stream President and CEO, commented, “We are extremely pleased to have Peggy and Richard join our management team as we seek new opportunities for Silver Stream to acquire attractive mining properties. In particular, Peggy’s vision and depth of experience will afford Silver Stream a unique advantage over other companies in considering growth and investment possibilities.”

FORWARD LOOKING STATEMENTS:

Information contained herein regarding optimism related to the Company’s business, expanding exploration, development activities and other such statements are “forward-looking statements”. While Silver Stream believes such statements are reasonable, they are based on current expectations, estimates and projections about the Company’s business and are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including market prices for the Company’s mineral products, international and domestic economic conditions, and other risk factors listed in the Company’s Securities and Exchange Commission (SEC) filings under “risk factors” and elsewhere. The Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release, except as required by applicable law.

Contact:

Silver Stream Mining Corp.
Terrence H. Byberg, President and C.E.O.
Tel: (702) 818-1775
info@silverstreammining.com

SOURCE: Silver Stream Mining Corporation 

ReleaseID: 428115

Another Accolade: Etelesolv Makes 2015 List of Top Information and Communication Technology Companies in Canada; Etelesolv ranks 197th in its first appearance in the Branham300 List of top Canadian companies; Since 2011, Etelesolv has experienced massive growth and won numerous awards; Continued confirmation of Etelesolv’s place as Canada’s Leader in IT and Telecom Expense Management;

MONTREAL, QC / ACCESSWIRE / April 22, 2015 / Etelesolv (www.etelesolv.com), Canada’s leader in IT and telecom expense management, is proud to announce that it was ranked among Branham300’s Top 250 Information and Communication Technology Companies (as ranked by revenues). The full list of top Canadian ICT companies can be found on www.branham300.com.

Christopher Thierry, President and co-founder of Etelesolv, had this to say, “The demand for IT and telecom cost transparency is growing every year and Etelesolv has been on the cutting edge of this trend for a number of years. Despite the rough economic landscape, we’ve quadrupled in size and saved our clients millions in operational efficiencies in in the last four years. We believe we are only getting started and would like to thank Branham300 for this recognition.”

The Branham300 highlights both private and public Canadian and international ICT companies that operate in Canada. Companies earn places on the list by revenue ranking. Notable ICT firms who have been on the list of Top 250 Canadian ICT Companies in recent years include technology giants CAE, Videotron, and CGI. That Etelesolv finds itself in such company further underscores its status as an industry leader. Etelesolv’s ranking in the Branham300 is the company’s latest industry award and is yet more affirmation of the company’s innovation and gathering momentum.

About Etelesolv

With its global coverage, Etelesolv is leading a revolution in IT and Telecom Expense Management. Cimpl, Etelesolv’s signature platform, brings together actionable data analytics and automates everyday processes to ensure that companies know what they have and what their technology costs at any given time. Etelesolv’s business leadership and employee engagement have also earned serious acclaim. The company is recognized as a PROFIT 500 company because of its high revenue growth. Deloitte took note of Etelesolv’s technological innovation and cemented the company’s status as a technology heavyweight on its Technology Fast 50 and Fast 500 lists. Etelesolv is also ranked as a Best Small and Medium Employer (BSME) in Canada for 2013 and 2014. For more information, visit www.etelesolv.com.

About the Branham300

Over the past 23 years, the Branham300 has grown to become known as the most comprehensive and trusted source of information on the health of the Canadian ICT Industry. As a well-respected ranking of both publicly traded and privately held companies, the Branham300 receives tremendous attention with comprehensive details on its website (www.branham300.com) and through national media outlets. Recognition on the Branham300 listing has provided both up-and-coming firms and established ICT veterans with increased market exposure and brand awareness, while in many cases also opening the door to new business opportunities, both domestically and abroad.

The Branham300 consists of three major listings, ranked by revenue (except where noted):

– Top 250 Canadian ICT Companies
– Top 25 ICT Multinational Companies operating in Canada
– Top 25 Up and Coming ICT Companies (category ranked on innovation and long-term promise, not revenue)

Contact:

Caroline Le Brun
Marketing Manager
Etelesolv
514-949-4418
clebrun@etelesolv.com

SOURCE: Pomerantz LLP 

ReleaseID: 428093

ATLANTA, GA / ACCESSWIRE / April 22, 2015 / Greenparts International, (OTC: GNPT) a metals recycling company with multiple locations in Atlanta Georgia, has published its 10K along with information on current market conditions.

Greenparts President/CEO Asif Balagamwala commented on the company’s 2014 results and market conditions stating, “We are pleased that we were able to successfully deal with 2014’s precipitous ferrous scrap prices drop to the lowest levels since 2008. Last year’s lower prices were created by excess global steel production, lower iron ore prices and weaker demand.” Mr. Balagamwala added “We generated positive cash flow from operations in spite of this market deterioration and more importantly, we invested heavily into our infrastructure for the future. Specifically at our main location, we conducted a major reorganization during 2014 Q 1 of 2015 redesigning our production lines to facilitate greater efficiency and timely order fulfillment. Additionally we invested a significant amount of money and time to renovate our primary shredder, at a cost of a month and a half of production. This was necessary to maximize the use of the shredder in the current competitive market. The equipment upgrades and the production reorganization will create material, sustainable improvements to our bottom line.”

As to current market conditions Mr. Balagamwala stated “While prices are lower than last year at this time we are seeing a stabilization in both prices and demand.”

In closing the CEO addressed debt cost and new ventures. “In an effort to continue our rapid growth and recovery from 2014 forward we took on some aggressive debt cost that combined with unforeseen events impacted our bottom line. While operationally strong this debt cost proved to be a heavy burden. We are excited to be working with some quality partners to address and alleviate this issue, and combined with other strategic actions underway are looking forward to cost reductions and a return to growth through 2016 and beyond. In regards to new ventures, we are very fortunate to have some international partners that are increasing their participation with us and domestic opportunities, as well as developing new verticals from our core business. We not only anticipate, but are very much looking forward to releasing information regarding these partnerships in the near future.”

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s reports and registration statements filed with the Securities and Exchange Commission.

For more information please call:

Mike King
Princeton Research
702-650-3000

SOURCE: Greenparts International

ReleaseID: 428113

NEW YORK, NY / ACCESSWIRE / April 22, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Procera Networks, Inc. (“Procera” or the “Company”) (NASDAQ: PKT) (ISIN: US74269U2033) (CUSIP: 74269U203) concerning the proposed acquisition of Procera by private funds managed by Francisco Partners Management, L.P.

Procera shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.

The investigation concerns whether the Procera directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the proposed transaction, Procera shareholders will receive $11.50 in cash for each share of Procera common stock. However, Procera stock closed above the offered price last year. Moreover, the Total Assets multiple is below the average of comparable transactions, according to a Bloomberg analysis.

Pomerantz LLP, with offices in New York, Chicago, Florida, and San Diego, 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 LLP pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz LLP 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 defrauded investors. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP 

ReleaseID: 428114

VANCOUVER, BC / ACCESSWIRE / April 22, 2015 / International Gold Corp. (OTCQB: ITGC) (“ITGC”) is pleased to announce that Ms. Pam Walters has been appointed as ITGC’s new Corporate Secretary, replacing Mr. Robert Baker who recently resigned from the position.

Ms. Walters has been associated with the mining industry for over 25 years working as the Corporate Administration person responsible for employee relations as well as managing the day-to-day corporate finance and business operations of Lode Star Gold, Inc. (“LSG”) and its owners. She attended the University of New Orleans acquiring the skills required to manage and maintain busy and growing corporate needs.

Mark Walmesley, ITGC’s President and CEO, commented “We are extremely pleased to have Pam join our management team. Her experience both within the industry and her direct working knowledge with our Goldfield Bonanza property, acquired pursuant to the mineral option agreement with LSG, serve to enhance our project and future plans to enhance shareholder value in ITGC.”

“Over the past few months ITGC has taken on a new direction and business plan and we feel that our project has considerable potential as we move forward and continue to build our Board and management team,” added Mr. Walmesley.

About the Goldfield Bonanza Property

The Goldfield Bonanza property is geographically located adjacent to the historic gold producing district of Goldfield, Nevada. The Goldfield District was discovered in 1903 and has produced intermittently since that time, with the last recorded production coming from open pit operations conducted during the 1980’s.

ITGC is now advancing the property towards underground production. Benefiting from the existing underground infrastructure and the 15 years of rehab and exploration work completed by LSG, ITGC is confident that the presently identified ore zones can be extracted.

ITGC is diligently working on its mine plan and personnel recruitment. All compliance and permitting actions are also currently being addressed.

For more information please contact:

Mark Walmesley, President and CEO
International Gold Corp.
Phone: 778-370-1372
Email: markw@internationalgoldcorp.com

Safe Harbor Statement and Forward-Looking Statements

This news release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause ITGC’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements reflect ITGC’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, investors should not place undue reliance on these forward-looking statements. Except as required by law, ITGC assumes no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

SOURCE: International Gold Corp.

ReleaseID: 428110

TORONTO, ON / ACCESSWIRE / April 22, 2015 / MVC Technologies Inc., a Canadian healthcare IT solutions company, announces the launch of its beta test for My Virtual Clinic; an integrated online platform designed to bring security and regulation to the forefront of the Medical Marijuana Industry. MVC Technologies enters the beta testing with a group of trusted medical physicians and Licensed Producers that will provide feedback on the stability and functionality of the system. Further physician groups and Licensed Producers to the beta testing phase will be welcome.

My Virtual Clinic, releasing nation-wide, improves the workflow between physicians and Licensed Producers by allowing users to securely access and electronically verify medical documents and complete registration applications. All documents are stored within the platform, limiting access and regulating its transmission. This software solution assists physicians and Licensed Producers in creating traceable and auditable documentation to ensure compliance under the MMPR guidelines and Personal Health Information Protection Act (PHIPA). In addition, users are given the ability to manage appointments, access pre-populated forms, view patient history and track order activity to provide improved quality care.

“We are thrilled to start beta testing as it brings us one step closer to the public debut of My Virtual Clinic,” said Kash Qureshi, Chief Executive Officer of MVC Technologies. “By securing the process and transmission of documents between physicians, Licensed Producers and cannabis patients, our platform will revolutionize the Medical Marijuana Industry by being a single source solution. The system will create a regulated environment for our users, by assuring that patients are following their medical document appropriately and remaining compliant under the MMPR.”

Release timing and specific details such as pricing will be announced at a later date. For more information on My Virtual Clinic and how to become a beta test partner, please visit the official website at www.myvirtualclinic.ca, email info@mvctech.ca or call 1-855-874-4999. 

ABOUT MVC TECHNOLOGIES INC. 

MVC Technologies Inc. is a private IT solutions company founded in 2014, with focus on innovative software development for the Healthcare Industry. Through custom solutions, MVC Technologies aims to maximize productivity, improve clinical workflow and offer better patient care and management to the health care community. From the beginning, MVC Technologies has innovated at the intersection of health care and information technology to advance today’s health care system. 

CONTACT INFORMATION

MVC Technologies Inc.
1-855-874-4999
info@mvctech.ca
www.mvctech.ca

SOURCE: MVC Technologies Inc.

ReleaseID: 428108