Under Joe’s United Foundation, a Family of Four Can Get Full Insurance Coverage for Just $140 a Month

LOS ANGELES, CA / ACCESSWIRE / March 29, 2016 / Samuel Ronan is pleased to announce the launch of his innovative and affordable insurance program, Joe’s United Foundation.

As Ronan noted, Joe’s United Foundation will allow people to get affordable health, dental, mental health and auto insurance at a fraction of what they currently pay.

As the estimated 190 million Americans who have been impacted by the Affordable Care Act are learning first-hand, there is still a ways to go before quality health care will be available to everybody. This knowledge inspired Ronan to launch Joe’s United Foundation.

Instead of the average $300 a month that individuals pay for insurance or the $700 that most families shell out, Ronan said his services will cost only $50 a month per insurance item, with an added bundle savings of 10 percent per additional service.

“That means a family with full coverage of all four services will pay $140 per month. This premium cost grants full coverage, and there are no additional co-pays, fees, or deductibles,” Ronan said, adding that Joe’s United Foundation is not a gimmick or joke but rather a definite way to lower the cost of health care and insurance premiums across the board.

“Our cost analysis is predicated on these costs without the additional fees traditional insurance typically incurs.”

As Ronan explained, despite what many people believe, health care does not have to be so expensive. By combining the efforts of many people, Joe’s United Foundation will allow people to have some financial security and call their insurance company when the need arises.

To help with some of the expenses associated with launching Joe’s United Foundation, Ronan is using Indiegogo to raise $20,000 through crowdfunding in order to pay for the costs associated with creating this plan.

“In order to get started and start benefiting members immediately we need to raise a nest egg so that if a member needs to use our service within the first 30 days of signing up, they will have the coverage we just promised,” Ronan noted.

For more information about Joe’s United Foundation or to make a donation, please visit https://goo.gl/ZeXFMl.

About Joe’s United Foundation:

Joe’s United Foundation is an insurance program created and launched by Samuel Ronan. It will allow individuals and families to get quality health care at a fraction of what they are paying now.

Contact:

Renee Simmons
admin@rocketfactor.com
(949) 555-2861

SOURCE: Joe’s United Foundation

ReleaseID: 438237

NEW YORK, NY / ACCESSWIRE / March 29, 2016 / The performance of the Major Auto Manufacturers industry over the past year has been steady despite a few bumps along the way, making stocks in this space worthy of attention. Today’s pre-market research at ValuableInvestment.com focuses on four companies within this space: Ford Motor Co. (NYSE: F), General Motors Co. (NYSE: GM), Fiat Chrysler Automobiles N.V. (NYSE: FCAU), and Tesla Motors Inc. (NASDAQ: TSLA). Visit us today and access the trade alerts on these stocks at:

http://valuableinvestment.com/daily-trade-alerts

Ford Motor Co.’s stock climbed 0.23% and finished Monday’s trading session at $13.09. A total volume of 18.65 million shares was traded. In the last one month, the stock has advanced 5.65%. The Company’s shares are trading above their 50-day moving average by 5.72%. Moreover, shares of Ford traded at a PE ratio of 7.11 and have a Relative Strength Index (RSI) of 51.22. Sign up and get the alert on F at:

http://valuableinvestment.com/F

On Monday, shares in General Motors Co. recorded a trading volume of 6.09 million shares, and ended the session 0.19% higher at $31.02. The stock has gained 6.47% in the last one month. The Company’s shares are trading 4.85% above their 50-day moving average. Furthermore, shares of General Motors traded at a PE ratio of 5.17 and have an RSI of 54.11. The complimentary alert on GM can be activated at:

http://valuableinvestment.com/GM

Shares in Fiat Chrysler Automobiles N.V. closed the day at $7.66, up 0.52%. The stock recorded a trading volume of 2.62 million shares. The Company’s shares have surged 19.69% in the last one month, and are trading 8.23% above their 50-day moving average. Additionally, Fiat Chrysler’s stock has an RSI of 53.10. Register for free on ValuableInvestment.com and access the latest strategies on FCAU at:

http://valuableinvestment.com/FCAU

At the closing bell yesterday, shares in Tesla Motors Inc. ended 1.10% higher at $230.26, and with a total volume of 3.88 million shares traded. The stock has advanced 22.85% in the last one month and 0.24% in the previous three months. The Company’s shares are trading above their 50-day and 200-day moving averages by 19.83% and 0.78%, respectively. Furthermore, shares of Tesla have an RSI of 64.61. The complete trade setup on TSLA is available for free at:

http://valuableinvestment.com/TSLA

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SOURCE: ValuableInvestment.com

ReleaseID: 438229

Net Income Increased 239% to $3.8 Million; Adjusted EBITDA Increased 205% to $5.8 Million on Record Revenue

PLAINVIEW, NY / ACCESSWIRE / March 29, 2016 / Vasomedical, Inc. (“Vasomedical”) (OTC PK: VASO) today reported its operating results for the three months and year ended December 31, 2015.

“With a 63% year-over-year growth in annual revenue to a record $57.1 million, including revenue of $20.7 million from seven months of NetWolves operations, we are excited to report a net income of $3.8 million for fiscal year 2015, an increase of 239% from $1.1 million reported for the prior year,” stated Dr. Jun Ma, President and Chief Executive Officer of Vasomedical, Inc. “Our VasoHealthcare subsidiary continued to be a successful and most significant contributor to our financial results in 2015, and our VasoTechnology division began to play an important role in our total revenue during the year, while performance in our proprietary equipment business also improved for 2015, especially in the international market. Further, our operations generated positive cash flow of $6.5 million in 2015, substantially strengthening the Company’s financial position with cash balances of approximately $5 million as of March 25, 2016.”

“The year 2015 represented another milestone as we not only saw great growth in the top- and bottom-line numbers, we have also built our Company into a robust enterprise with a diversified revenue stream, with approximately 44%, 50% and 6% of revenue in 2015 from our professional sales services, IT and equipment segments, respectively, on an annualized basis. We expect continued revenue growth and profitability in 2016 as our growth strategy continues to show positive results. We remain optimistic of the outlook for NetWolves and the value added reseller business for the GEHC IT solutions, and look forward to significant progress in this IT segment,” concluded Dr. Ma.

Financial Results for Three Months Ended December 31, 2015

For the three months ended December 31, 2015, revenue increased 73.1% to $21.4 million from $12.4 million for the same period of 2014. This is primarily attributable to the inclusion of $9.2 million of revenue from the NetWolves operations in the fourth quarter 2015, offset by a small decrease in revenues from our professional sales services and equipment segments.

Gross profit for the fourth quarter of 2015 increased 37.6% to $12.6 million, compared with a gross profit of $9.2 million for the fourth quarter of 2014. This increase is primarily a result of revenue from our NetWolves subsidiary as noted above, offset by a decrease in gross profit in our equipment segment.

Selling, general and administrative (SG&A) expenses for the fourth quarter of 2015 increased 52.6% to $9.9 million compared to $6.5 million for the fourth quarter of 2014. The increase is primarily attributable to including SG&A costs from the NetWolves operations, offset by a decrease in expenses in our professional sales services and equipment segments. SG&A expenses were 46.1% of revenue in the fourth quarter 2015 compared to 52.3% of revenue for the same quarter of 2014.

Net income for the three months ended December 31, 2015 was $2.7 million, compared with a net income of $2.5 million for the three months ended December 31, 2014.

Financial Results for Year Ended December 31, 2015

For the year ended December 31, 2015, revenue increased $22.1 million, or 63.3%, to $57.1 million, compared with $35.0 million for the year 2014. Commission revenues in our professional sales services segment increased by 4.5% to $31.6 million for the year 2015, as compared with $30.2 million for the prior year. The increase was due primarily to higher installations of underlying equipment by GEHC in 2015, offset by lower commission rates for the equipment installed in 2015. Revenue in our IT segment was $21.1 million for the year ended December 31, 2015, compared to revenue of $48 thousand in 2014, mainly as a result of including $20.7 million of revenue from NetWolves in 2015. Equipment segment revenue for the year 2015 decreased by 7% to $4.3 million, compared to $4.7 million in 2014, principally due to a decrease in volume from EECP® sales.

Gross profit for the year ended December 31, 2015 increased 40.4% to $35.4 million, from $25.2 million in 2014. This increase is due primarily to $8.5 million of gross profit from NetWolves and to higher revenue in the professional sales services segment as noted above.

SG&A expenses for the year ended 2015 increased 32.5% to $30.9 million, or 54.2% of revenue, compared with $23.3 million, or 66.7% of revenue, for the same period in 2014. The increase resulted primarily from including the NetWolves operation, offset by a decrease in sales and marketing costs in our professional sales services and equipment segments.

For the year ended December 31, 2015, the Company had net income of $3.8 million, or $0.02 per common share, compared with a net income of $1.1 million, or $0.01 per common share, for the year ended December 31, 2014.

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, and share-based compensation) increased by $3.9 million, or 205%, to $5.8 million in the year ended December 31, 2015 from $1.9 million in the year ended December 31, 2014, primarily as a result of higher fixed asset depreciation in the IT segment, higher amortization of intangibles associated with the acquisition activities, as well as higher software amortization in the professional sales service segment, minimally offset by lower share-based compensation expense.

Net cash provided by operating activities was $6.5 million and $2.6 million for the year ended December 31, 2015 and 2014, respectively. Net cash decreased by $6.9 million to $2.2 million at December 31, 2015, compared with net cash of $9.1 million at December 31, 2014. The decrease in cash is due to the cash used in the NetWolves acquisition. As of March 25, 2016, the Company’s net cash was approximately $5 million.

Deferred revenue remains substantial, at approximately $18.5 million as of December 31, 2015, which will be recognized in the future when the underlying equipment or services is delivered and accepted at the customer site. Our shareholders’ equity increased to $11.7 million as of December 31, 2015 from $7.8 million as of December 31, 2014.

Conference Call Information

The Company will host a conference call on Tuesday, March 29, 2016 at 10:00 a.m. ET featuring remarks by Jun Ma, Ph.D., President and CEO, Peter Castle, Chief Operating Officer, and Michael Beecher, Chief Financial Officer of Vasomedical. To join the conference call, please dial 1-877-407-8033 from the U.S. or 1-201-689-8033 internationally. Please call at least five minutes before the scheduled start time. The conference call will also be available via webcast and can be accessed through the Investor Relations section of Vasomedical’s website, http://www.vasomedical.com/. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the live broadcast.

A replay of the conference call will be available approximately two hours after completion of the live conference call at http://www.vasomedical.com/. To access the dial-in replay of the call, which will be available until June 29, 2016, please dial 1-877-660-6853 or 1-201-612-7415. All dial-in participants must use the following code to access the call: 13633491.

About Vasomedical

Vasomedical, Inc. is a diversified medical technology company with several distinctive but related specialties: professional sales services for diagnostic imaging products; managed IT systems and services, including healthcare software solutions and network connectivity services; and design, manufacture and sale of proprietary medical devices.

Vasomedical operates through four wholly owned subsidiaries. Vaso Diagnostics, Inc. d.b.a. VasoHealthcare (www.vasohealthcare.com), provides professional sales services and is the operating subsidiary for the exclusive sales representation of GE Healthcare diagnostic imaging products in certain market segments in the USA. Vaso Technology, Inc. provides network and IT services through two business units: VasoHealthcare IT Corp., a national value added reseller of GE Healthcare IT’s Radiology PACS (Picture Archiving and Communication System) software solutions and related services, including implementation, management and support, and NetWolves Network Services LLC (www.netwolves.com), a managed network services provider with an extensive, proprietary service platform to a broad base of customers. Vasomedical Solutions, Inc. (www.vasosolutions.com), manages and coordinates the design, manufacture and sales of EECP® Therapy Systems and other medical equipment operations. Vasomedical Global Corp. (www.vasoglobal.com), operates the Company’s China-based subsidiaries, including Biox Instruments Co. Ltd. and Life Enhancement Technology Limited. It is also the minority shareholder of VSK Medical Limited, a marketing and sales company for ECP products in the international market. Additional information is available on the Company’s website at www.vasomedical.com.

Summarized Financial Information

Except for historical information contained in this report, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this report, words such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “may,” “plans,” “potential” and “intends” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company’s management, as well as assumptions made by and information currently available to the Company’s management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the effect of the dramatic changes taking place in IT and healthcare; continuation of the GEHC agreements; the impact of competitive technology and products and their pricing; medical insurance reimbursement policies; unexpected manufacturing or supplier problems; unforeseen difficulties and delays in the conduct of clinical trials and other product development programs; the actions of regulatory authorities and third-party payers in the United States and overseas; and the risk factors reported from time to time in the Company’s SEC reports. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.

Investor Contacts:

Michael J. Beecher/Amanda Jiang
Investor Relations
Phone: 516-508-5840
Email: mbeecher@vasomedical.com / ajiang@vasomedical.com

SOURCE: Vasomedical, Inc.

ReleaseID: 438226

The Festival Will Feature Top Country Music Stars and Proceeds Will Be Used to Complete the Peter Oakes Stage

LOOMIS, CA / ACCESSWIRE / March 29, 2016 / Energy Saving Pros announced today that they will be the main corporate sponsor of the “Giving Back Bash,” which is being held in Blue Anchor Park in Loomis, California, on April 23rd.

The festival will feature performances by top country artists including The Cripple Creek Band, Stephan Hogan, and Sophia Miller. Proceeds will be used to complete the Peter Oakes Stage.

The festival is free for all attendees, but concert tickets can be purchased for $5 online from In2Win Entertainment affiliates and at all Dimple Records stores.

Those who miss presale can purchase tickets for $10 at the festival location from the In2Win Entertainment booth from their host, Rae Rock, who will be DJing before the concert and during the festival. Wristbands will be given to those who have previously checked in for the concert.

The festival will have 25 total vendors and is being held from 11am- 4pm. The concert doors open at 3pm, and the first concerts begin at 4pm with the last concert closing around 7:30pm.

Energy Saving Pros opted to become the main corporate sponsor of this event because of their commitment to helping build a strong and healthy community by supporting the younger generation. As a Northern California solar provider, the company has seen unprecedented growth as standard energy costs raise an average of 3% every year.

“Energy Saving Pros is a full-service energy solutions provider; we help businesses, homeowners, municipalities, and schools integrate alternative energy production and energy efficiency,” says the website.

Energy Saving Pros was recently voted ‘Best of the Best’ Electrical Contractor and Solar Installer by the 25,000+ Readers of the Rocklin Placer Herald, Lincoln News Messenger, Roseville/Granite Bay Press Tribune in 2013, 2014, & 2015.

Certifications and awards include the following:

– NABCEP Certified (North American Board of Certified Energy Practitioners)
– BBB “A” Rated
– Member of the Associated Builders and Contractors, Inc. (ABC)
– Loomis Basin Chambers of Commerce
– MPower Placer Certified Contractor
– YGreen Certified Contractor
– California Solar Initiative (CSI) Certified Contractor
– Member Hero Financing Program
– California First Financing Program

To learn more, visit: http://energysavingpros.com/.

About Energy Saving Pros

Since 2008, Energy Saving Pros has been dedicated to renewable energy and helping their clients make “going solar” a successful investment. They are an established Photovoltaic Solar (PV) developer and installer based in Northern California. They design, develop, and install custom Solar Photovoltaic (PV) energy solutions for residential, commercial, agricultural, industrial, educational and municipal clients. Today, they are one of the fastest growing PV developers and installers on the West coast.

Contact:

Winston Scott
admin@rocketfactor.com
(949) 555-2861

SOURCE: Energy Saving Pros

ReleaseID: 438234

BALTIMORE, MD / ACCESSWIRE / March 29, 2016 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has initiated coverage of KSIX Media Holdings, Inc. (OTC: KSIX), a diversified media and internet advertising company.

KSIX Media is at the forefront of the fastest growing segment of the internet advertising industry. PwC estimates the segment will grow from $135B in 2014 to $240B in 2019, a 12% annual rate. Plus, analysts project 50% annual growth for the social media advertising space, which is the bulk of KSIX’s business. The Company operates three wholly-owned subsidiaries. Two legacy businesses serve as an advertising network that create revenue and drive traffic and conversions for its clients, and a tools provider for web publishers to drive and monetize traffic through incentive-based advertisements Newly acquired DigitizeIQ is one of the largest social media digital advertising agencies specializing in survey generation and landing page optimization in the tort law vertical.

In the research report, analyst Rob Goldman discusses the Company’s enviable market positioning, its M&A strategy, and low valuation.

“The Company recently acquired DigitizeIQ, which generates $5M in annual sales. DigitizeIQ is one of the largest social media digital advertising agencies specializing in survey generation and landing page optimization in the tort law vertical. In addition to its revenue base and market share in this high profile vertical, DigitizeIQ provides KSIX with a unique and adaptable software platform that now serves as its secret sauce with respect to the integration of future acquisitions in this fast-growing segment,” remarked Goldman.

Goldman further commented, “DigitizeIQ has conducted survey generation for some of the most notable tort cases in recent years including the General Motors and Volkswagen recalls along with the Xarelto™ class action suit. Boasting as a premier advertiser with Facebook since it buys up to $500,000 in ads on Facebook each month, KSIX could be considered an inexpensive and out of the box proxy for Facebook’s stock.”

“Management is actively engaged in a roll-up strategy of acquiring firms with expertise in complementary verticals or technology that could generate a run-rate of $20M or more in revenue by year-end for KSIX. Meanwhile, even without executed M&A, savvy investors would note that KSIX’s strong revenue run-rate indicates a low price/sales valuation for this under the radar firm,” concluded Goldman.

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published sponsored research snapshot on Pocket Games, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Multimedia Platforms, Inc. (“the Company”) authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.

Separate from the factual content of our articles about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download this sponsored research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research has been compensated by the Company in the amount of $1500 for a research subscription service, with future compensation consisting of $3000 and web marketing services.

About KSIX Media Holdings, Inc.: KSIX Media Holdings, Inc. ( OTC PINK : KSIX ) http://www.ksixmedia.com is an SEC fully reporting media and Internet company located in Las Vegas, Nevada. Currently, the Company operates three wholly-owned subsidiaries: KSIX, LLC; Blvd Media Group, LLC; and DigitizeIQ, LLC.

KSIX, LLC is an advertising network designed to create revenue streams for their affiliates and to provide advertisers with increased measurable audience. KSIX provides performance-based marketing solutions to drive traffic and conversions within a Cost-Per-Action (“CPA”) business model. KSIX has an online advertising network that works directly with advertisers and other networks to promote advertiser campaigns. KSIX manages offer tracking, reporting and distribution on the third-party platform.

BMG Media Group, LLC provides the tools for web publishers to drive traffic and increase revenue. BMG’s mission is to monetize the Internet, promoting incentive-based advertisements resulting in more clicks, greater lead generation, and increased revenues.

DigitizeIQ, LLC is one of the largest social media digital advertising agencies specializing in survey generation, and landing page optimization in the tort law vertical. Utilizing Facebook and proprietary software surveys are generated internally resulting in quality and a high conversion rate for the clients.

More information on KSIX can be found at www.KSIXMedia.com.

Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com

SOURCE: Goldman Small Cap Research

ReleaseID: 438227

TORONTO, ON / ACCESSWIRE / March 29, 2016 / Norvista Capital Corporation (TSXV: NVV) (“Norvista” or the “Company“) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Offering“). Pursuant to the Offering, Norvista issued 27,708,332 common shares (the “Offered Shares“) at a price of $0.12 per Offered Share for aggregate gross proceeds to Norvista of $3,325,000. After giving effect to the Offering, the Company will have 71,361,501 common shares issued and outstanding. The net proceeds of the Offering will be used by the Company to invest in both public and private companies engaged in the exploration and development of base and precious metal projects in the junior resource sector and for general working capital purposes.

The Offered Shares issued pursuant to the Offering are subject to a four month and one day hold period expiring on July 30, 2016.

Stan Spavold, Chairman, Don Christie, CEO & Director and Bruce Durham, Managing Director and Director of Norvista, purchased an aggregate of 1,458,332 Offered Shares pursuant to the Offering. Upon completion of the Offering, Messrs. Spavold, Christie and Durham hold an aggregate of 2,661,695 common shares of Norvista or approximately 3.73% of the total common shares issued and outstanding. The participation of these officers and directors pursuant to the Offering constituted a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and the policies of the TSX-V. The Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(b) and 5.7(1)(a), respectively, of MI 61-101 on the basis that the Company is not listed on a specified stock exchange and, at the time the Offering was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction insofar as it involves interested parties (within the meaning of MI 61-101) in the Offering, exceeds 25% of the Company’s market capitalization calculated in accordance with MI 61-101. The Company was not in a position to file a material change report more than 21 days in advance of the closing of the Offering as the details of participation of the interested parties were not known at such time.

About Norvista

Norvista is a resource based merchant bank that began operations and was listed for trading on the TSX Venture Exchange in June of 2014. The Company’s strategy is to capitalize on the significant asset value contraction that has occurred over the last several years in the resource industry, with particular emphasis on base metal projects. Norvista focuses its efforts on the pursuit of highly prospective exploration projects while balancing exploration risk through investment in small to mid-scale, pre-production, opportunities requiring partial or full completion of feasibility studies. The Company takes a proactive role with its investee companies and in the majority of cases assumes management or advisory roles and/or seats on the board of directors of these companies. Management is of the view that current market conditions allow the Company to significantly mitigate political and country risk by pursuing investments in some of the world’s top ranked mining jurisdictions.

Since inception, Norvista has completed four strategic investments. The Company owns a 12.2% undiluted interest in Nevada Zinc Corporation (TSXV: NZN) the owner of a highly prospective zinc exploration project in Eureka, Nevada. On March 15, 2016, Nevada Zinc announced an equity financing to fund its 2016 exploration program, metallurgical testing and for general working capital purposes. Management of Norvista hold senior officer positions as well as board seats at Nevada Zinc. Nevada Zinc recently purchased the Mountain View mine, a past producing zinc mine in the centre of its property and has completed 36 drill holes on the Lone Mountain property. The assay results from all three drill programs to-date have been very positive.

The Company also owns a 19.9%, fully diluted ownership interest in Minera Alamos Inc. (TSXV: MAI) the owner of an open pit, high-grade copper/molybdenum resource in Sonora, Mexico. On January 18, 2016, Minera Alamos announced that they had entered into a binding letter of intent to acquire the La Fortuna gold project located in the State of Durango, Mexico. La Fortuna has the potential to be a high grade, open pit gold mine. It is expected that a construction decision, if deemed appropriate by Minera Alamos management, can be made later this year. Norvista is actively involved in Minera Alamos through its board representation.

Norvista holds an 80% ownership interest in Akuna Minerals Inc., a private company with a pre-production, highgrade copper project in northern Manitoba. Norvista’s investment in Akuna funded the acquisition of the property and will assist in the funding of the cost of the project’s feasibility study.

The Company also has an investment in Petrowolf, LLC, a private oil and gas exploration company with properties located in the Permian Basin in Texas. Petrowolf has acquired a significant land portfolio from the proceeds of its initial financing which was subscribed to by Norvista. Petrowolf recently completed a US$7 million second round financing in order to fund its initial drill program in Q1 of 2016 and to acquire additional exploration property.

For further information about Norvista or the Offering contact:

Norvista Capital Corporation
141 Adelaide St. W., Suite 1660
Toronto, Ontario M5H 3L5
Tel: (416) 504-4171
Don Christie, President and CEO
dchristie@norvistacapital.com

CAUTIONARY STATEMENT: Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information that is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements made herein with respect to, among other things, the Company’s objectives, goals or future plans, the future plans, objectives and activities of the Company, potential corporate and/or share acquisitions, exploration results, potential mineralization, exploration and mine development plans with respect to the Company’s investee companies, timing of the commencement of operations, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, exploration results being less favourable than anticipated, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, risks associated with the defence of legal proceedings and other risks involved in the mineral exploration and development industry, as well as those risks set out in the Company’s public disclosure documents filed on SEDAR. Although the Company believes that management’s assumptions used to develop the forward-looking information in this news release are reasonable, including that, among other things, the investee companies will be able to identify and execute on opportunities to acquire mineral properties, exploration results will be consistent with management’s expectations, financing will be available to such companies on favourable terms when required, and commodity prices and foreign exchange rates will remain relatively stable. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

SOURCE: Norvista Capital Corporation

ReleaseID: 438236