TORONTO, ON / ACCESSWIRE / May 26, 2016 / Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”), reports that Kamal Oil LLP (“Kamal Oil”) failed to pay the US$ 10 million dollars as required by the State Agency for Geology and Mineral Resources of the Kyrgyz Republic (“SAGMR”).  SAGMR cancelled the result of the tender for the subsoil licenses for Kutessay II rare earth deposit and the Kalesay beryllium deposits.

No information has been released regarding the future plans of the Republic for a new tender for Kutessay II and Kalesay at this time.

About Stans Energy

Stans Energy Corp. is a resource development company focused on advancing rare earth and specialty metals properties focusing on areas of Central Asia and Russia. Stans acquired, among other things, the right to mine the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic in 2009 and the right to mine Beryllium at Kalesay.  Steps subsequently taken by the Government of the Kyrgyz Republic wrongfully to deprive the Company of those mining rights have required Stans to take the legal actions to protect the Company’s rights and recover damages caused by the Republic’s wrongful actions.

Contact Details
Rodney Irwin
Stans Energy Corp
President & CEO
rodney@stansenergy.com
647-426-1865

David Vinokurov
Stans Energy Corp
VP Corporate Development
david@stansenergy.com
647-426-1865 

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, use of proceeds from the Offering, the completion of the Offering, the continued advancement of the company’s general business development, research development and the company’s development of mineral exploration projects. When used in this press release, the words “will,” “shall,”  “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “plan,” “should” and similar expressions may identify forward-looking statements. Although Stans believes that its expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

SOURCE: Stans Energy Corp.

ReleaseID: 440454

CALGARY, AB and RICHMOND, BC / ACCESSWIRE / May 26, 2016 / Avagenesis Corp. (TSX-V: VVA) and Avapecia Life Sciences Corp. (CNSX: VVS) (“Company” or the “Companies”) are pleased to announce the installation of multiple systems with one of the top three hospitals in the United States, as ranked by U.S. News & World Report’s “2015-16 Best Hospitals Honor Roll”. A Memorandum of Understanding (“Agreement”) supports the collaboration.

The Agreement confirms and validates the collaboration with this top ranked hospital and its launch of multi-therapy, multi-site regenerative medicine clinical trials that will use the Companies’ adipose stem cell isolation platform. The platform system produces a cost effective and highly potent regenerative biopharmaceutical stem cell product for multiple indications and conditions that have significant potential for use in stem cell therapies.

“The Agreement with this world renowned medical centre is a significant milestone towards enabling the rapid expansion of translational medical research, standardized, high quality, global multi-centre clinical trials and the application and adoption of the safe, affordable, and point of care use of autologous cellular therapies in regenerative medicine,” stated Dr. Peter Neweduk, CEO of Avapecia.

“At present, the handling and processing of live adipose tissue to isolate the component stem cells is expensive, inefficient, of relatively poor and inconsistent quality and, in many cases, falls short of required safety standards. We believe that the resulting poor quality of cellular therapy treatments has damaged the reputation of cellular therapy. This has limited autologous (non embryonic) cellular therapy solutions and slowed widespread medical adoption of regenerative medicine applications,” stated Norm Tsui, CEO of Avagenesis. “We designed this system to address these issues. Our highly automated, point of care system offers researchers and clinicians a far superior alternative to existing cell processing solutions not only because it is much more efficient (48 minutes total cell processing time), affordable and simple to operate, but because it produces a standardized cellular product. The result is that the adipose tissue we process creates virtually the same quality isolated stem cell products whether a medical professional is operating the platform in Beijing, New York, Berlin, Sao Paulo, or Dubai or in a small clinic or large research facility. Finally, a standardized, cellular starting point for researchers and clinicians facilitates worldwide comparability of outcomes.”

About the U.S. News & World Report’s Best Hospitals (http://health.usnews.com/best-hospitals)

U.S. News evaluates data for nearly 5,000 hospitals and results from surveys of more than 140,000 physicians to rank the best centres in 16 adult specialties from cancer to urology. Death rates, patient safety and hospital reputation were a few of the many factors considered. Only 137 hospitals were nationally ranked in a specialty. The Honor Roll features the 15 Best Hospitals in the United States.

About Avagenesis Corp. (http://www.avagenesis.com)

Avagenesis is a biotechnology company engaged in the commercialization of licensed cell isolation medical technologies for use in regenerative medical aesthetics, wound management and non-healing wounds, cardiovascular and heart diseases, peripheral arterial disease, critical limb ischemia or diabetic leg, hepatic disease and kidney disease.

About Avapecia Life Sciences Corp. (http://www.avapecia.com)

Avapecia is a biotechnology company engaged in the research, development and commercialization of regenerative stem cell technologies and therapy solutions for use in urogynaecology, urology, hair loss (prevention, maintenance, and regeneration), gastrointestinal diseases, respiratory medicine, neurodegenerative diseases, ophthalmology, spinal cord injuries and certain autoimmune diseases. Avapecia’s bioprocessing platform provides third party validated and standardized isolation of safe, high quality, viable, and potent stem cells from a patient’s own fat, or adipose tissue, for use in current and future cell therapy applications.

Neither the TSX Venture Exchange or Canadian Securities Exchange nor their respective regulation services providers (as that term is defined in their respective policies) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “likely,” “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on current belief or assumptions as to the outcome and timing of such future events. Actual future results and developments may differ materially from those contemplated by these statements depending on, among other things, the risk that the Company may not successfully transition to a clinical stage company and successfully execute its development and commercialization activities. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Readers are cautioned that the above list of risk factors is not exhaustive. The forward-looking information contained in this press release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Further Information

For further information, please contact:
Avagenesis Corp. or Avapecia Life Sciences Corp.
Alan Tam, CPA, CA
Chief Financial Officer
Telephone: (604) 377-7575

SOURCE: Avagenesis Corp. and Avapecia Life Sciences Corp.

ReleaseID: 440453

MISSISSAUGA, ON / ACCESSWIRE / May 26, 2016 / Redishred Capital Corp. (TSXV: KUT), based in Mississauga, Ontario, Canada announces its first quarter 2016 financial results.

• Total system sales (1) in the PROSHRED® system were $6.9 million USD in the first quarter of 2016, growing 19% over the comparative period in 2015.

• • Scheduled (recurring) system sales for the first quarter reached a record of $3.35 million USD, growing 22% over the first quarter of 2015;

  • Unscheduled system sales for the first quarter reached a record of $2.5 million USD, growing 31% over the first quarter in 2015 and;

  • Recycling system sales for the first quarter were $1 million USD, declining 7% over the first quarter of 2015.

  • The PROSHRED® system shred and recycled 9,830 tons of paper during the first quarter of 2016, an increase of 17% over the first quarter of 2015.

• Redishred’s six directly operated corporate locations in Syracuse, Albany, Milwaukee, New York City, Charlotte and Miami produced $1.89 million CDN in revenues during the three months ended March 31, 2016, generating $696,500 CDN in earnings before interest, taxes, depreciation and amortization (“EBITDA”), an increase of 21% over the comparative period in 2015.

• Franchise and license revenue for the first quarter of 2016 was CDN$456,128 compared to CDN $398,888 during the first quarter of 2015. This category of revenue is generated by franchisees and licensees of the PROSHRED® system, originally denominated in US dollars.

• Awarded St. Louis, MO franchise, to commence training and operations in Q3 2016.

• Awarded Orlando, FL franchise to the Company’s current owner of the Tampa, FL franchise who is also a board member of the Company.

Management’s Comments on the First Quarter of 2016

Jeffrey Hasham, the Company’s CEO, had the following comments, “The first quarter of 2016 reflects the positive impact of the acquisition concluded in Florida to start the year, the sales growth in our corporate locations as well as the continued sales and EBITDA growth by our franchisees. Our clients continue to request our on-site destruction methodology, which provides them with the peace of mind that their information is destroyed before we leave their premises,”

Mr. Hasham also noted that, “During the first quarter management implemented a truck refurbishment program on its older trucks to continue to ensure the highest uptime and client service in Q2 and beyond.”

(1) System sales are revenues generated from franchisees, licensees and corporate owned locations. Redishred Capital Corp. derives its royalty and service fee revenues based on a percentage of system sales from franchisees and licensees. Redishred Capital Corp. derives revenues from corporate location system sales.

Financial Highlights:

System Sales

Redishred’s management team continued to focus its efforts through its franchisees and its corporate locations on (1) building recurring service revenues, (2) maximizing route density and logistical efficiencies and (3) implementing dedicated hard drive destruction trucks/equipment throughout the system. The strong service system sales results are driven by Redishred’s sales and marketing programs that are aimed at educating clients on their requirements to destroy confidential information using a secure on-site solution. Additionally, an increasing number of clients are requiring their facilities to recycle all products, including office paper and, by using our service, clients are assured that documents are securely destroyed and the materials are recycled. Proshred also offers hard drive destruction services in almost all of its locations, and has been deploying high speed on-site hard drive destruction trucks. Currently twelve franchised locations have deployed high-speed on-site hard drive destruction trucks.

These factors led to 25% growth in service sales in the first quarter of 2016 over the same quarter in 2015.

Recycling system sales decreased by 7% for the three months ended March 31, 2016 in comparison to the same period in 2015 due to the decline in paper pricing which reflects the overall softness in global commodity pricing. The PROSHRED® system shred and recycled 9,830 tons of paper, which equates to 147,500 trees saved.

Corporate Operations

During the three months ended March 31, 2016, Redishred directly operated six shredding locations in Syracuse, NY, Albany, NY, Milwaukee, WI, New York City, NY, Charlotte, NC and Miami, FL.

These locations represent the Company’s corporately owned locations. During the quarter ended March 31, 2016, the corporate location revenues grew by 38% over the same comparative prior year period. The Company has also increased EBITDA by 21% over the three months ended March 31, 2015.

Corporate Locations Results:

Corporate Locations Trend:

Community and Social Commitment

Our locations under the PROSHRED^® banner conducted 18 community shredding events in the first quarter of 2016. These events provide an opportunity for our clients, clients’ employees, local businesses and local residents to ensure their personal and confidential materials are securely destroyed. In addition to helping to reduce identity theft, several of these events allow for donations to various not-for-profit organizations. PROSHRED^® is also proud that 100% of the shredded material is recycled, as our continued goal is to foster the use of fewer trees in the production of all paper products. Future community shredding event locations can be found at our website, www.proshred.com.

On June 4, 2016, PROSHRED^® will be holding its’ 3rd annual Shred for Cancer event at most of its locations, raising money for the American Institute for Cancer Research (“AICR”). It is our goal as a Company to support the AICR in their endeavor to conduct research to prevent and possibly cure this disease. Please visit www.proshred.com/aicr for more information on this effort.

Financial Statements

Redishred’s March 31, 2016 Financial Statements, Notes and Management’s Discussion and Analysis will be available at www.sedar.com and www.redishred.com.

Services

Redishred Capital Corp. is the owner of the PROSHRED® trademarks and intellectual property in the United States. PROSHRED® shreds and recycles confidential documents and proprietary materials for thousands of customers in the United States in all industry sectors. PROSHRED® is a pioneer in the mobile document destruction and recycling industry and has the ISO 9001:2008 certification. It is PROSHRED®’s vision to be the ‘system of choice’ and provide shredding and recycling services on a global basis. Redishred Capital Corp. grants PROSHRED® franchise businesses in the United States and by way of license arrangement in the Middle East. Redishred Capital Corp. also operates five corporate shredding businesses directly. The Company’s plan is to grow its business by way of both franchising and the acquisition and operation of document destruction businesses that generate stable and recurring cash flow through a scheduled client base, continuous paper recycling and concurrent unscheduled shredding service.

FOR FURTHER INFORMATION PLEASE CONTACT:

Redishred Capital Corp. (TSXV: KUT)
Jeffrey Hasham, MBA, CPA, CA
Chief Executive Officer
Jeffrey.hasham@redishred.com
www.redishred.com
Phone: (416) 849-3469 Fax: (905) 812-9448

or,

Redishred Capital Corp. (TSXV: KUT)
Jack Pulkinen, CPA, CA
Chief Financial Officer
jack.pulkinen@redishred.com
www.redishred.com
Phone: (416) 204-0076 Fax: (905) 812-9448

Note: 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 news release contains forward looking statements that reflect the current expectations of management of Redishred and Redishred’s future results, performance, achievements, prospects and opportunities. Wherever possible, words such as “may,” “will,” “estimate,” “believe,” “expect,” “intend” and similar expressions have been used to identify these forward looking statements. These statements reflect current beliefs and are based on information currently available to management of Redishred. Forward looking statements necessarily involve known and unknown risks and uncertainties. A number of factors, including those discussed in the 2014 management discussion and analysis under “Risk Factors,” could cause actual results, performance, achievements, prospects or opportunities to differ materially from the results discussed or implied in the forward looking statements. These factors should be considered carefully and a reader should not place undue reliance on the forward looking statements. There can be no assurance that the expectations of management of Redishred will prove to be correct. Readers are cautioned that such forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from these statements. Redishred can give no assurance that actual results will be consistent with these forward-looking statements.

SOURCE: Redishred Capital Corp.

ReleaseID: 440451

CannaSys Plans California Expansion Through New Distribution Relationships into $10 Billion Market

DENVER, CO / ACCESSWIRE / May 26, 2016 / CannaSys, Inc. (OTCQB: MJTK), a leading marketing, branding and technology company focused on the regulated cannabis industry, today announced that it had successfully expanded into the California market with the adoption of its technology products by California Cannabis in Playa Vista, Los Angeles.

Synergy has implemented the use of CannaSys loyalty product, BumpUp Rewards, and plans to expand its offering with CannaSys new social deals application, CitizenToke. Synergy is the first dispensary in California to sign up to CannaSys technology suite and is in the heart of Los Angeles.

“It is estimated that California’s retail cannabis market is worth approximately $10 billion,” noted Michael A. Tew, CEO of CannaSys. “As we look at the legislative cycle this year, California is a major focus for us in our product marketing and distribution efforts.”

In addition to its relationship with California Cannabis, CannaSys has signed a strategic distribution and marketing agreement with Green Capital Ventures, Inc., a San Diego based cannabis industry consultancy and financing firm. Green Capital’s founders are also founders of Gridiron Cannabis Coalition, an organization also founded by former All-Pro Tackle Kyle Turley.

CannaSys plans to form additional partnerships to distribute its core technology products and celebrity branded products throughout California. As user and product adoption begins to increase, new products will be introduced into the market.

About CannaSys, Inc.

CannaSys is a leading technology solutions, marketing, and branding company in the regulated cannabis industry. Its core products are delivered “software as a service” to facilitate point-of-purchase transactions, customer relationship marketing solutions, and regulated cannabis laboratory information management systems. CannaSys plans to develop, acquire, and build strategic relationships with other businesses in order to bring additional solutions to market in both established and developing medical and recreational cannabis states. For more information, please visit www.cannasys.com.

About Synergy Holistic Health Center, Inc. (California Cannabis)

Synergy Holistic Health Center, Inc. is a licensed provider of medical cannabis products to California residents. Based in Playa Vista, Los Angeles, California Cannabis is located at 5707 Mesmer Avenue. For more information, please visit http://california-canna-5pps.squarespace.com/ or @ccplayavista.

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of CannaSys products, increased levels of competition for CannaSys, new products and technological changes, CannaSys’s dependence on third-party suppliers, and other risks detailed from time to time in CannaSys’s periodic reports filed with the Securities and Exchange Commission.

Contact:

CannaSys, Inc.
Michael A. Tew
Chief Executive Officer
Tel: 720.420.1290
Email: michael.tew@cannasys.com
Web: www.cannasys.com

SOURCE: CannaSys, Inc.

ReleaseID: 440449

CARSON CITY, NV / ACCESSWIRE / May 26, 2016 / William Petty, Chairman, CEO and President, releases an open letter to Franklin Mining, Inc (OTC Pink: FMNJ) (FMNJ) shareholders:

Last year, 2015, was spent building the foundation from which we foresee tremendous growth later in 2016. With new equipment tested and making its way to placement sites, Franklin is gearing up for a lucrative year – at last.

In the early months of 2015, the Company selected New Age Mining Equipment Company’s Eliminator series and acquired two Reverse Helix Gold Trommel units. Specifically designed for small-scale operations, New Age Mining Equipment’s innovative technology is in line with our commitment to respect local communities in Bolivia, their resources and the environment.

In March, William Petty arrived in Bolivia to oversee the pilot programs in advance of the 2015 rainy season. Before the pilot program could begin, I had to confirm proper equipment function, establish our initial operation procedures, and verify the feasibility of production using the new equipment.

The pilot program in Bolivia included testing on four separate samples. Based on those results, Tipuani was determined to the ideal initial processing region due to rich resources and history of gold production.

Following the completion of the initial pilot program testing and successful placement of the New Age Mining Equipment, Mr. Petty decided he would remain in Bolivia through the end of 2015 as he worked to develop a plan for a prosperous 2016. As the rainy season approached, Franklin continued developing a plan optimize this window of opportunity.

By July, the Company had secured the delivery of an additional seven Reverse Helix Gold Trommel units. This expanded testing capacity confirmed that the ore was more profitable than the available tailings.

Perhaps one of the most rewarding decisions made last year was that which saw Ricardo Gravos appointed as Chief Financial Officer of Franklin Mining. Ricardo has an impressive resume including a Bachelor of Arts in Finance from Sacred Heart University and previously worked as the Fund Manager for Soros Fund Management.

As 2015 came to a close, Franklin entered into a marketing agreement with St. George Projects Inc. who will independently process and fulfill sales orders. We have not yet achieved any sales goals after opening availability to our faithful shareholders in the fall of 2015.

Now that the rainy season is ending and production can resume, Franklin has designated two of the nine processing units to work in Peru, and seven to remain in Bolivia.

“I am so thankful and appreciative of the strong professional and personal relations we have with the leaders and members of the local cooperativas and look forward to working together for decades to come,” concluded Mr. Petty. “We have a great team assembled and all the pieces are in place for a great year. I appreciate your continued patience and support.”

Sincerely,

/s/ William Petty
William A. Petty
Chairman, CEO, and President

About Franklin Mining, Inc. (OTC: FMNJ). The company operates various mine sites under joint venture arrangements with companies in Bolivia, Peru and Mexico exercising highest standards of quality and efficiency by optimizing its resources and the preservation of the environment. In this way Franklin Mining generates value in the fields in which it operates and the projects it explores and exploits, besides contributing to the socio-economic and cultural development in the community and country it operates. Moreover, it develops mining operations through safe, low cost, innovative technology, social commitment and respect for the environment, creating value for the shareholders, employees, and the region in which it operates.

Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report.

For additional information, visit our website at
www.FranklinMining.com, (866) 307-4810

SOURCE: Franklin Mining, Inc

ReleaseID: 440447