NEW YORK, NY / ACCESSWIRE / April 29, 2016 / The Stock Expert is issuing a report on four stocks that are performing well this Friday. GLBS, PRGN, LGCY and HERO are on high volume alert. Continue reading to find out why. – To get daily alerts on the hottest stocks on the Nasdaq/NYSE subscribe to our newsletter at TheStockExpert.com.

Globus Maritime Limited (NASDAQ: GLBS) The company is an integrated dry bulk shipping company that provides marine transportation services worldwide.

Shares of GLBS are trading higher today by over 197% off heavy volume after announcing the filing of its 2015 annual report on form 20-F.

Since yesterday, the stock has seen a massive influx of volume while it continues to move in an upward trend. Yesterday, the stock had a similar jump in share price, only to give back most of its gain by market close. Today, however, it looks like it might be able to hold onto some of those big gains.

As long as GLBS continues to get strong volume spikes, expect these sorts of gains to continue, however, with an RSI (relative strength index) of 87.55, the stock is highly overbought.

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Paragon Shipping Inc. (NASDAQ: PRGN) The company provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, including commodities, such as iron ore, coal, grain, and other materials.

Similar to GLBS, shares of PRGN are trading higher in a big way. The stock is up over 64% this morning after announcing yesterday on recent developments on its debt agreements with Newbuilding Contracts and the Bank of Ireland.

Since the announcement, the stock exploded up several hundred percent and today is also trading higher off yesterday’s momentum, regaining almost all their massive losses since early March.

Like What You See? Get These Alerts and Many More on NASDAQ Companies before They Rally, Find Out More Here.

Legacy Reserves LP (NASDAQ: LGCY) The company acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States.

We’ve been following LGCY for quite some time now and with all the speculation around LGCY about whether they will hit or miss their estimates, the stock is only slightly slowing down.

Shares of LGCY are up today by more than 6% and the stock is up in a big way through out most of April and has been receiving a boost in volume recently as well.

While the volume is subsiding, shares continue to move higher and we will continue to watch LGCY into next week.

Get the Information You Need To Stay Informed and Up To Date On The Hottest NASDAQ Plays Get Them Here.

Hercules Offshore, Inc. (NYSE: HERO) Together with its subsidiaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide.

Shares of HERO are trading almost even today, continuing its short-term downward trend, which began in mid April. The stock had been making a steady rise in share price since early February, when it hit its 52 week low and this could just be an expected pullback, considering when the drop occurred, the stock had an RSI (relative strength index) of well over 70 in overbought territory.

We look forward to see what HERO can do next week.

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Disclosure: The information, opinions and analysis contained in this report are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We do not accept any responsibility or liability for any losses, damages or costs arising from an investor’s or other person’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities, nor a recommendation of any security. Past gains are not representative of future gains. The Stock Expert has not been compensated nor does it expect to receive any compensation for distribution of its opinions and publicly available information regarding the companies reported in this investment opinion article at this time. The opinions contained herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. When used herein, the words “anticipate,” “intend,” “estimate,” “believe,” “expect,” “plans,” “should,” “potential,” “forecast,” and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. A company’s actual results could differ materially from those described in any forward-looking statements contained herein. The Stock Expert is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. We recommend that you use the information found herein as an initial starting point for conducting your own research in order to determine your own personal opinion of the companies discussed herein before deciding whether or not to invest. You should seek such investment, tax, financial, accounting or legal advice appropriate for your particular circumstances. Information about many publicly traded companies and other investor resources can be found at www.sec.gov. Investing in securities is speculative and carries risk. Please visit TheStockExpert.com/disclaimer website for a more detailed discussion of risks and disclosures.

Contact:

Justin Skibinski
The Stock Expert
info@thestockexpert.com

SOURCE: The Stock Expert

ReleaseID: 439396

TORONTO, ON / ACCESSWIRE / April 29, 2016 / Silver Shield Resources Corp. (CSE: SSR), (the “Corporation”) announced today that it has closed the Fourth Tranches of its concurrent non-brokered Private Placement offerings. In total, Six Hundred and Four Thousand Dollars (“$604,000.00”) CDN was raised via the sale of Three Million One Hundred and Fifty Thousand (“3,150,000”) units at $0.10 per unit, and via the sale of Twenty-Eight Thousand and Nine Hundred (“28,900”) Series “A” Preferred Shares at $10.00 per share. No commission or finder’s fee is payable with respect to the closing of this tranche of the placements. Each unit is comprised of one common share of the Corporation, and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share of the Corporation for $0.15 for a period of 36 months from the closing date.

The Corporation also announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 1,550,000 common shares to directors, officers, consultants and contractors of Silver Shield Resources Corp., under its Employee Stock Option Plan. Each option is exercisable for a ten year period to acquire one common share at a price of $0.12 per share. The options granted are not subject to any vesting restrictions.

For further information please contact:

Mr. Frank Kordy
Interim CEO
Silver Shield Resources Corp.
T: (647) 466-4037
E: frank.kordy@silvershieldresources.net

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Silver Shield Resources Corp.

ReleaseID: 439390

NEW YORK, NY / ACCESSWIRE / April 29, 2016 / InvestmentResearchReport.com is a small cap publication that uncovers extremely undervalued potential investment opportunities that have been overlooked by everyone else. Today we are taking a look at five companies which we believe could provide investors with potential upside volatility in the near term.

Investors exploring opportunities in the cannabis industry have started to lean towards companies that establish their business model on long term sustainability. It’s no secret that many states across the US are openly hostile to the growth of the legal cannabis market. As a result of this hostility, many companies fear that they could be here today, gone tomorrow.

This year investor attention is clearly trained on the developments surrounding the cannabis industry. These developments are creating a fresh wave of investment opportunities and few areas in the industry are as attractive as the selection of companies that focus mainly on marijuana real estate.

Grow Condos, Inc. (GRWC) is one of those companies set to benefit from those “higher rent rates”. The company owns a 15,000 sq. ft. warehouse space in Eagle Point (now fully occupied) but it’s the company’s second real estate project that is getting the most attention from investors.

Breaking: Upwardly Mobile Cannabis Stock Poised To Shatter Records In 2016

Marijuana real estate companies are gaining massive Wall Street attention because of the dual investment opportunity inherent in the way they operate. All of them provide the essential growing space needed by entrepreneurs but a few depending on their location, provide access to huge potential returns from the potential high valuations of real estate properties.

The upside inherent in the growth of these marijuana real estate companies is being felt in Denver, Colorado. A recent report highlighted the fact that commercial real estate in the city has taken off – now one in 11 industrial buildings in central Denver is occupied by a marijuana grower.

Is GRWC The Biggest Investment Growth Opportunity In Oregon?

The real estate picture is no less bullish in Oregon where Grow Condos, Inc. (GRWC) operates. Portland real estate broker Zack Stratford speaking with Marijuana Business Daily highlighted the fierce competition that is driving demand in Oregon:

“A lot of what drives lease rates is competition, and you’re competing with a lot of other people. You see a lot of times larger deposits or higher rent rates (for cannabis businesses), but it really comes down to the landlord and the tenants.”

In a breaking development on Thursday GRWC confirmed that it has closed on the purchase of the land to support an additional 35 units under management in Eugene, Oregon.

Is GRWC The Biggest Marijuana Real Estate Play Around? Find Out Here

GRWC’s revenue plans highlight just how much income marijuana real estate providers are making in the Oregon area. Each unit to be developed by GRWC will sell for $150,000 for a basic shell unit. The company is exploring developing customized units in line with the demands of cannabis entrepreneurs setting up shop in Oregon.

GRWC’s strategic ambition is the building out of a national footprint for its marijuana real estate projects and the company has already confirmed the targeting of suitable locations for its 3rd marijuana growing facility.

Investors are naturally excited about the prospects for GRWC; in it is a clear opportunity for sustained returns. The upcoming marijuana legalization ballots across the country, provides an unprecedented opportunity for outsized investment returns in the cannabis industry.

See Why GRWC Could Be Poised To Move Higher In The Coming Weeks

Synergy Pharmaceuticals, Inc. (SGYP) is still reeling from the resignation of its CFO, Gary L. Sender. The announcement was made Wednesday but Thursday’s trading showed that investors might still bejittery. The stock was down 8.33% at the close on Thursday.

Halcón Resources Corporation (HK) joins a raft of companies getting ready to disclose first quarter earnings. In Thursday trading the stock rallied to a high of 1.47 before pulling back slightly to close up at 1.28.

Celldex Therapeutics, Inc. (CLDX) was up 2.70% at the end of trading on Thursday. The stock opened at 3.95 and traded as high as 4.46 on the day. At the end of trading the stock closed at 4.19.

It was a big day for Mitek Systems, Inc. (MITK) Thursday. After consolidating under 7.00 the mobile imaging software company erupted for a day high of 7.49. The stock was up 16.96% at the end of trading and finished at 7.31.

See Which Stock Could Have The Most Upside Of All The Companies Mentioned Above

About InvestmentResearchReport.com:

InvestmentResearchReport.com is a small cap publication that uncovers extremely undervalued potential investment opportunities that have been overlooked by everyone else.

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Disclosure: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. InvestmentResearchReport.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for SGYP, HK, CLDX nor MITK as of 4/29/2016. InvestmentResearchReport.com has been compensated $10,000 by a 3rd party, DF Media LLC for our coverage of GRWC. Owners and operators of InvestmentResearchReport.com hold no positions in any of the stocks mentioned in this release as of 04/29/2016. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Please visit the Investment Research Report website for complete risks and disclosures.

SOURCE: InvestmentResearchReport.com

ReleaseID: 439381

NEW YORK, NY / ACCESSWIRE / April 29, 2016 / InvestmentResearchReport.com is a small cap publication that uncovers extremely undervalued potential investment opportunities that have been overlooked by everyone else. Today we are taking a look at five companies which we believe could provide investors with potential upside volatility in the near term.

The biggest news in the real estate sector right now surrounds the acquisitions of industrial space by growers serving the legal marijuana market. Industrial space suppliers like Grow Condos, Inc. (GRWC) are therefore getting huge investor attention.

Growers are rushing to find space and this is sending real estate prices (especially rents) through the roof. In Denver, Colorado, the effects of this demand is very acute and seemingly, the only thing leading the rebound in commercial real estate is marijuana.

The boom is characterized by low vacancy rates, near-record-breaking rents serving an army of entrepreneurs looking to capitalize on the $5.4B cannabis industry.

Breaking: This Cannabis Stock Could Be Poised To Shatter Records In 2016

The Denver Post reports that cannabis companies have increased their share of the overall commercial real estate sector. From 2009 to 2014 for instance, cannabis related companies increased their share of industrial space to 3.7 million sq. ft. or just over a third of total industrial real estate.

GRWC of course has started its marijuana real estate build-out in Oregon and the real estate demand in that state is no less rigorous than that of Denver Colorado.

Marijuana Business Daily highlights the fact that the Portland area alone now has more than 64 large-scale grow sites and that since 2012 the number of those grow sites have increased almost 30%.

These numbers speak to a much larger reality in the cannabis industry: recreational marijuana sales are the biggest driver of growth.

This reality is the reason GRWC established its first grow facility – the now fully occupied 15,000 sq. ft. warehouse space in Eagle Point, Oregon.

Is GRWC About To Corner The Oregon Marijuana Real Estate Market?

In a recent release GRWC confirmed that it has closed on the purchase of the land to support an additional 35 units under management in Eugene, Oregon.

From an investor perspective this is major news, especially given the crucial detail of GRWC’s plan for the commercial sale of condo units that will be built to supply growers in the area.

GRWC plans to develop the condominiums with a projected sale price of $150,000 for a single basic unit. Plans are in place to also develop customized units – these units, confirmed GRWC, were a major demand feature of its first marijuana grow-facility.

Is GRWC The Biggest Marijuana Real Estate Play Around? Find Out Here

GRWC’s outlook is bullish and given the outlook for the cannabis industry overall, it’s not difficult to see why. Company CEO Wayne Zallen commented in the news release that “GRWC has already begun targeting suitable locations for our 3rd facility. Once we have laid down a proper foundation there is a tremendous opportunity to build a national footprint of professional industrial condominium facility parks specifically targeted to the marijuana industry.”

The investment outlook for GRWC is consistently growing and consistently positive. The company’s unique approach to tapping the underlying value in the cannabis industry is a big selling point. Just like the merchants who concentrated on selling shovels and picks to miners in the California Gold Rush, GRWC is building a strong and sustainable presence in a solid growth industry.

Want The Inside Scoop On GRWC? Find Out Here

Paragon Shipping Inc. (PRGN) made a splash on Thursday, opening at .28 before rallying 573.34% to close the day at 1.75. The stock traded as high as 2.66 during regular trading hours.

DryShips, Inc. (DRYS) opened at 2.97 during Thursday’s trading session and reached a day high of 4.64. Volume levels soared and more than 9.7M shares changed hands. The stock closed up 28.47%.

Silicon Graphics International Corp. (SGI) saw its shares tumble 34.91% in Thursday’s trading. The stock opened below its previous close at 6.99 and only managed a high of 5.88.
Invacare Corporation (IVC) reported a first quarter loss on Thursday and investors showed what they thought about the news. The stock closed down 18.98% to finish at 11.01.

About InvestmentResearchReport.com:

InvestmentResearchReport.com is a small cap publication that uncovers extremely undervalued potential investment opportunities that have been overlooked by everyone else.

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Disclosure: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. InvestmentResearchReport.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for PRGN, DRYS, SGI nor IVC as of 4/29/2016. InvestmentResearchReport.com has been compensated $10,000 by a 3rd party, DF Media LLC for our coverage of GRWC. Owners and operators of InvestmentResearchReport.com hold no positions in any of the stocks mentioned in this release as of 04/29/2016. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Please visit the Investment Research Report website for complete risks and disclosures.

SOURCE: InvestmentResearchReport.com

ReleaseID: 439380

This press release corrects the press release disseminated April 28, 2016 at 11:12 a.m.ET. The press release contained incorrect information in the 4th and 5th paragraphs. The corrected press release is below:

SUDBURY, ON / ACCESSWIRE / April 28, 2016 / Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration company which is actively exploring for rare metals lithium, tantalum, rubidium and cesium by currently advancing its 100% owned and optioned PAK Lithium Project in northwestern Ontario, Canada.

HLM is announcing it has formed an Advisory Board. Under the Terms of Reference for the Advisory Board, HLM may appoint one or more advisors whereas such advisors will be referred to as Advisory Board Members. The Corporation will seek to select individuals based on their knowledge, expertise and experience, in either business affairs generally or HLM’s industry in particular, who are capable of making a valuable contribution to HLM’s business.

HLM is pleased to announce that Peter J. Vanstone, P.Geo is the first member appointed to the advisory board. Mr. Vanstone has specialized expertise in rare metals with over 35 years of lithium, tantalum, cesium and rubidium exploration and mine production in the Canadian Shield. He is a former Chief Geologist with the Tantalum Mining Corporation of Canada Ltd. (Tanco). The Tanco facility, located in southeastern Manitoba, is a cesium chemicals producer that also produced lithium mineral concentrates from 1986 until operations were suspended in 2009, and tantalum mineral concentrates until March 2013. He is a graduate of Lakehead University with an HBSc in geology and is a member of the Association of Professional Geoscientitsts of Ontario.

HLM is also pleased to report that it has received a positive response from two creditors concerning a “Shares for Debt Financing”. HLM proposes to issue up to 1,666,254 common shares at a price of $0.24. The financing is a 10% discount to the current market, subject to regulatory approval and would have a hold period of four months.

$339,901 of debt is owed to a company owned by one “non-arm’s length” individual. The non-arm’s length portion of the proposed financing is therefore 1,416,254 common shares at a price of $0.24 per share.

A $60,000 debt is owed to one “non-arm’s length” individual. This non arm’s length portion of the financing is therefore 250,000 common shares at a price of $0.24 per share.

Management believes that the proposed Shares for Debt financing will strengthen the balance sheet and increase the attractiveness of the Company for future financings.

The Company also announces that it has granted an additional 800,000 stock options. The options are set for a period of five years, expiring on April 28, 2021. The options are priced at $.24 and are subject to regulatory approval.

About the PAK Lithium Project

The PAK Lithium Project lies close to the boundary between two geological sub-provinces of the western Superior geologic province in northwestern Ontario and hosts a rare metals pegmatite deposit. The deposit is an LCT (lithium- cesium- tantalum) type pegmatite. These types of pegmatites have been the principal source of hard rock lithium, tantalum, rubidium and cesium ores mined in the world but there are comparatively few commercially-viable deposits.

HLM is actively exploring its 100% owned and optioned project which contains the Pakeagama Lake pegmatite. The deposit is one of the highest grade lithium deposits in North America which has a current Measured and Indicated Resource of 7.89 million tonnes of 1.73% Li2O Eq. and Inferred Resource of 295,600 tonnes of 1.35% Li2O Eq. which has a technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3). The deposit has adjacent zones that are enriched in rubidium and tantalum. HLM is also evaluating the phased co-production of tantalum and mica-product concentrates once lithium mineral production has been commercialized.

The deposit now has a known 500m strike length with an estimated true width varying from 10m to 125m with a sub-vertical orientation. The resource remains open to depth and along strike to the northwest and southeast.

About Houston Lake Mining Inc.

HLM’s goal is to become a fully integrated lithium, rubidium and tantalum producer with development of the PAK Lithium Project in Ontario, Canada. Based on the PAK deposit’s high-purity, technical-grade spodumene, a relatively lower capital requirement to enter in to the lithium supply market is possible by firstly becoming a technical-grade lithium concentrate supplier. HLM is focused on a staged approach to indirectly participate in the burgeoning lithium battery industry by taking advantage of the disruptive change to market fundamentals by targeting the ceramic-glass industry (industrial users). Currently, the glass/ceramics segment is the second largest in total lithium demand whereby supply pressure is taking place due to the threat of lithium battery growth.

HLM has a total of 119,301,940 common shares issued and outstanding. For additional information, please visit the company website at www.houstonlakemining.com.

Company Contact Information

Trevor R. Walker, President
2736 Belisle Drive
Val Caron, ON.
P3N 1B3 CANADA
T.+001 705.897.7622
F.+001 705.897.7618

Henry J. Kloepper, CEO
T. +001 416.520.0187

Forward-looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. 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 or developments may differ materially from those in the 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. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company’s registered filings what are available at http://www.sedar.com.

SOURCE: Houston Lake Mining Inc.

ReleaseID: 439389

Expected Store Opening in Mid-Summer

PHOENIX, AZ / ACCESSWIRE / April 29, 2016 / Epic Stores, Corp. (“Epic” or the “Company”) (OTC: EPSC), a second-hand goods retailer that operates retail stores in the United States, is providing an update on its presence in the San Antonio, Texas market where crews are currently putting the finishing touches on their latest location.

Management currently expects the improvements to be completed by late May, and the grand opening is targeted within 60 days. Management has been meeting with regional and local charitable organizations to establish direct supply chains for sourcing inventory.

Brian Davidson, President and Chief Executive Officer of Epic Stores Corp., commented, “The San Antonio market is an ideal location for our expansion due in part to current revitalization efforts in the area. We are also excited about neighboring with a local YMCA who could be a wonderful partner both due to proximity and mutual benefit across our organizations. We look forward to sharing more information about partnerships and location opening details in the next 60 days.”

About Epic Stores Corp.

Epic is a second hand goods retailer that operates second hand retail stores in the United States. Based in Phoenix, Arizona, the company offers high quality, on-trend second hand clothing, accessories and household products at affordable prices. As of March 31, 2016, the company employed 165 employees and operated 10 retail stores in four states. Founded in 2010, Epic opened its first retail store in Phoenix, Arizona. Since that time, the company has opened additional stores in Arizona, Nevada, Colorado, and Texas. All of the retail stores sell products directly to consumers. The company also operates a leading wholesale business that supplies used shoes, books and clothing to distributors.

Forward-Looking Statements

The information in this press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance in connection with discussions of future operating or financial performance. Examples of forward-looking statements include, but are not limited to, statements regarding: (i) the adequacy of the Company’s liquidity to meet its needs for the foreseeable future, (ii) the benefits expected to be recognized in connection with retail and whole sales, (iii) the Company’s expectation that the current market conditions will continue. The Company’s forward-looking statements are based on management’s current expectations and assumptions regarding the Company’s business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. The Company’s actual results may vary materially from those expressed or implied in its forward-looking statements. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise.

Company Contacts

Brian Davidson
President and CEO
Epic Stores Corp.
Tel (623) 565-5758

Investor Relations

Brett Maas
Managing Partner
Hayden IR
Tel (646) 536-7331
brett@haydenir.com

SOURCE: Epic Stores Corp.

ReleaseID: 439374

VANCOUVER, BC / ACCESSWIRE / April 29, 2016 / True Leaf Medicine International Ltd. (CSE: MJ) (the “Company“), is pleased to announce that it intends to complete a non-brokered private placement of up to 19,047,619 common shares at a price of $0.105 per common share for aggregate gross proceeds of up to C$2,000,000 (the “Offering“).

All or a portion of the Offering may be completed pursuant to Multilateral CSA Notice 45-318 Prospectus Exemption for Certain Distributions through an Investment Dealer (“CSA 45-318“) and the corresponding instruments, orders and rules implementing CSA 45-318 in the participating jurisdictions (collectively with CSA 45-318, the “Investment Dealer Exemption“). In order for the Company to be able to rely on the Investment Dealer Exemption, each subscriber must purchase the shares as principal and obtain advice regarding the suitability of the investment from a person that is registered as an investment dealer in the jurisdiction in which the subscriber is resident.

The Company intends to use the proceeds of the Offering as follows:

– $800,000 for working capital to produce inventory and to evaluate potential acquisitions within the pet industry;

– $450,000 for advertising and marketing costs including digital marketing expenses, creating promotional material and participating in Canadian, US and European trade shows; and

– $750,000 for the development of new products including research and development, formulation development and conducting pilot trials.

There is no material fact or material change about the Company that has not been generally disclosed. There is no minimum subscription amount for the Offering, and each common share issued pursuant to the Offering will be subject to a four month and one day hold period in accordance with applicable securities laws.

The Company may pay a cash finder’s fee to eligible persons equal to 7% of the gross proceeds raised from applicable subscribers in the Offering.

About True Leaf Medicine International Ltd.

The Company, through its wholly-owned subsidiary True Leaf Pet Inc., is entering the $60 billion pet industry with a line of hemp-focused pet chews and supplements marketed through natural pet health and veterinary channels in Canada and the United States. True Leaf Medicine Inc., a a subsidiary of the Company, has also filed an application under Health Canada’s Marihuana for Medicinal Purposes Regulations (MMPR) to become a Canadian licensed producer of medicinal marijuana. True Leaf Medicine Inc. has passed through the preliminary and enhanced screening process of Health Canada’s review, but must still receive security clearance, pre-licensing approval, and approval to become a licensed producer under the MMPR.

For more information, please see the Company’s website at www.trueleaf.com

Contact: Kevin Bottomley, Director
Telephone: +1 778 389 9933

Email: kevin@trueleaf.com

Address: 100 Kalamalka Lake Road, Unit 32, Vernon, British Columbia V1T 9G1 Canada

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

FORWARD LOOKING INFORMATION

This press release contains forward-looking statements. The use of any of the words “anticipate,” “continue,” “estimate,” “expect,” “may, ” “will,” “project,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company’s Management’s Discussion and Analysis under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.

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

SOURCE: True Leaf Medicine International Ltd.

ReleaseID: 439386