Monthly Archives: May 2016

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Horsehead Holding Corp. (ZINC) and Lead Plaintiff Deadline: June 21, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against Horsehead Holding Corp. (“Horsehead” or “the Company”) (NASDAQ: ZINC). The class action has been filed
on behalf of a class consisting of all persons or entities who purchased Horsehead securities between May 21, 2014 and February 2, 2016, both dates inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

Horsehead is not named as a defendant in this action as the Company filed for protection under the bankruptcy laws on February 2, 2016.

The Complaint alleges that certain officers and directors have issued materially false and misleading statements and/or failed to disclose opposing information regarding Horsehead’s Mooresboro Facility, including: (a) that the facility’s construction deficiencies left it unable to operate as planned; (b) that Horsehead had not corrected the facility’s problems; (c) that as a result of the above, production disruptions and related costs were expected; and (d) that Horsehead employed costly temporary workarounds, affecting the Company to spend cash at an unsustainable rate.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, visit the firm’s website: http://www.bgandg.com/#!zinc/gsd9k. To discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Horsehead you have until June 21, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 439581

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Freshpet, Inc. (FRPT) and Lead Plaintiff Deadline: June 20, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against Freshpet, Inc. (“Freshpet” or “the Company”) (NASDAQ: FRPT). The class action has been filed on behalf of a class consisting of all persons or entities who purchased Freshpet, Inc. securities during the period between April 1, 2015 and November 11, 2015 inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

The Complaint alleges that throughout the Class Period, Defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Target Corp., one of Freshpet’s material customers, was delaying the installation of a significant number of Freshpet Fridges because it was undergoing a corporate reorganization; (2) It was likely that any Freshpet Fridges located in two of Freshpet’s supermarket customers would soon be removed for they were experiencing financial hardships; and (3) as a result, Freshpet’s public statements were materially false and misleading at all relevant times. Once true details were made public, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, visit the firm’s website: http://www.bgandg.com/#!frpt/ty2gd. To discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Freshpet you have until June 20, 2016 to request that the Court appoint you as lead plaintiff.
Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 439576

Coastal Banking Company Inc. and CBC National Bank Launch New Social Media Program

BEAUFORT, SC / ACCESSWIRE / May 24, 2016 / Coastal Banking Company Inc. (OTCQX: CBCO), the holding company of CBC National Bank, which operates branches in Fernandina Beach, Ocala and The Villages, Fla, and Beaufort and Port Royal, S.C., today announced that it has launched a comprehensive social media program to keep interested shareholders and stakeholders abreast of relevant news and information about both Coastal Banking Company Inc. and CBC National Bank, which includes the company’s branch network as well as the retail mortgage and SBA lending divisions.

News and information about CBCO will be streamed over a variety of social media including Twitter, Facebook, Google+, Tumblr, Blogger, and LinkedIn. Customers and stakeholders can get information about CBC from feeds including Twitter, Facebook, Google+, YouTube and LinkedIn.

“We understand that an increasing percentage of our customers, shareholders and other interested parties routinely get their news and information from the growing variety of social media via their mobile and other devices,” said Michael Brooks, vice president and chief marketing officer of CBC National Bank. “As part of our effort to broaden, strengthen and modernize our investor relations, corporate communications and marketing efforts, we want to do everything we can to provide information to shareholders, customers and others in the way they choose to receive it. We will, of course, continue to utilize traditional communications channels as well.”

The company’s and bank’s investor relations, corporate communications and marketing departments will be regularly updating their social media feeds with information of value to the various audiences seeking information about all areas of the company’s investor and shareholder relations, operations, products, services, news, special offers and more.

About Coastal Banking Company Inc.

Coastal Banking Company Inc., headquartered in Beaufort, S.C., is the $474.8 million-asset bank holding company of CBC National Bank, headquartered in Fernandina Beach, Fla., which provides a full range of consumer and business banking services through full-service banking offices in Fernandina Beach, Ocala and The Villages, Fla, Beaufort and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes traditional retail and wholesale lending, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, North Carolina, Indiana, Illinois and Ohio. The company’s government guaranteed lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., Atlanta and Beaufort. The company’s common stock is publicly traded on the OTCQX Markets under the symbol CBCO. The company was been named to the OTCQX® Best 50 in both 2015 and 2016, an annual ranking of the top 50 US and international companies traded on the OTCQX Best Market, based on the combined one-year total return on market value and average growth in daily dollar trading volume. For more information, please visit the company’s website, www.coastalbanking.com.

About CBC National Bank

CBC National Bank, headquartered in Fernandina Beach, Fla., provides a full range of consumer and business banking services through full-service banking offices in Fernandina Beach, Ocala and The Villages, Fla., and Beaufort and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes traditional retail and wholesale lending, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. The company’s government guaranteed lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., Atlanta and Beaufort. For more information, please visit CBC National Bank’s website, www.cbcnationalbank.com.

For More Information:

Michael Brooks
VP & Chief Marketing Officer
CBC National Bank
904-491-9844

SOURCE: Coastal Banking Company Inc.

ReleaseID: 440349

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against NewLink Genetics Corporation (NLNK) and Lead Plaintiff Deadline: July 11, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors
that a securities class action has been filed on behalf of those who purchased shares of NewLink Genetics Corporation (“NewLink” or the “Company”) (NASDAQ: NLNK) between September 17, 2013 and May 9, 2016 inclusive (the “Class Period”).

NewLink is a biopharmaceutical company that focuses on developing immunotherapeutic products, namely algenpantucel-L, to enhance treatment options for patients with cancer.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts regarding Alere’s business and operations and specifically failed to disclose that: (1) algenpantucel-L was ineffective and possibly harmful to patients; and (2) consequentially, NewLink’s public statements were materially false and misleading at all relevant times.

On Monday, May 9, 2016, NewLink’s phase III study disclosed that its experimental cancer vaccine, known as algenpantucel-L, which was designed to stimulate a patient’s immune system to recognize and kill cancer cells, did not actually do so and failed to prolong survival in patients with pancreatic cancer compared to a standard therapy. Following this news, NewLink stock dropped to $5.05 per share, or 30.61%, to close at $11.45 on May 10, 2016.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint or join the action, please visit the firm’s site: http://www.bgandg.com/#!nlnk/omiv7. To discuss this action, or for any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in NewLink you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 440158

DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Amaya, Inc. (AYA) and Lead Plaintiff Deadline: May 24, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against Amaya, Inc. (“Amaya” or “the Company”) (NASDAQ: AYA). The class action has been filed in the United States District Court, Southern District of New York, on behalf of a class consisting of all persons or entities who purchased Amaya securities during the period between June 8, 2015 and March 22, 2016 inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

Amaya Inc. is a Canadian gaming and online gambling company headquartered in suburban Montreal, Quebec. The Company operates through two segments, Real-Money Online Poker, and Real-Money Online Casino and Sportsbook.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Amaya’s Chief Executive Officer was engaged in an insider trading plot that falsely inflated the market price of the Company’s securities and gave privileged information to third parties; (2) Amaya lacked adequate internal controls; and (3) that, as a result of the above-mentioned, Defendants’ statements about Amaya’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On March 23, 2016, Reuters announced that Amaya’s Chief Executive Officer, David Baazov, has been charged with insider trading by Quebec’s securities regulator. The regulator said it had filed charges against Baazov for “aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of the securities of Amaya” and “communicating privileged information.” Following this news, Amaya’s stock fell $3.07 per share, or over 21%, to close at $11.18 per share on March 23, 2016, on unusually heavy trading volume.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, visit the firm’s website: http://www.bgandg.com/#!aya/a9a9n. To discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Amaya you have until May 24,
2016
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 439565

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Platform Specialty Products Corporation (PAH) and Lead Plaintiff Deadline June 1, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares of Platform Specialty Products Corporation (“Platform Specialty Products” or “the Company”) (NYSE: PAH) during the period between February 17, 2015 and March 14, 2016 inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

The Complaint alleges that throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Arysta made inappropriate third-party payments in West Africa; (2) these payments were unlawful under the U.S. Foreign Corrupt Practices Act; and (3) consequently, Platform Specialty Products’ public statements were materially false and misleading at all relevant times. Once true details entered the market investors suffered damages.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint or join the action, please visit the firm’s site: http://www.bgandg.com/#!pah/rlbd3. To discuss this action, or for any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Platform Specialty Products you have until June 1, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 439531

DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against FLY Leasing Limited. (FLY) and Lead Plaintiff Deadline May 24, 2016

NEW YORK, NY / ACCESSWIRE / May 24, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares of FLY Leasing Limited (“FLY” or “the Company”) (NYSE: FLY) during the period between May 8, 2014 and March 7, 2016 inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

FLY, together with its subsidiaries, purchases and leases commercial aircrafts to various airlines worldwide.

The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding FLY’s business, operational and compliance policies. Particularly, defendants made false and/or misleading statements and/or failed to disclose that: (1) during fiscal years 2014 and 2015, FLY’s intangible assets and liabilities for aircraft acquired with in-place leases were inaccurately accounted; and (2) consequentially, FLY’s public statements were materially false and misleading at all relevant times.

On March 8, 2016, FLY released a report disclosing that together with the U.S. Securities and Exchange Commission (“SEC”), it is discussing FLY’s accounting policies, including business combinations and accounting policy for intangible assets and liabilities regarding aircrafts with existing leases. FLY reported that “if it is determined after the conclusion of the [SEC’s] review that FLY should separately recognize other intangible assets or liabilities from what has been previously recorded, the impact could be material to FLY’s previously issued consolidated financial statements and require modification to its accounting for the current and prior year results,” and continued, “as a result of the ongoing discussions with the [SEC], FLY may not be able to timely file its Annual Report on Form 20-F for the year ended December 31, 2015.”

Following this news, FLY stock dropped $1.12 per share, or 8.2%, to close at $12.47 on March 8, 2016.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint or join the action, please visit the firm’s site: http://www.bgandg.com/#!fly/dvl1r. To discuss this action, or for any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in FLY you have until May 24, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 439537

CGrowth Capital Engages Auditor and Prepares for Uplist to Higher Exchange

SILVERDALE, WA / ACCESSWIRE / May 24, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the “Company”) is pleased to announce that they have engaged the services of BF Borgers CPA PC, an approved PCAOB audit firm located in Lakewood, Colorado. The engagement covers the Company’s financial statements for the years ended December 31, 2015 and 2014, as well as the review of each of the quarters in the year ended December 31, 2016.

Bill Wright, CEO of CGrowth Capital, Inc. stated, “We are very excited to announce the next stage in our growth. BF Borgers is a professional accounting and audit firm with experience in our industries and we are extremely happy to have them under contract.”

Mr. Wright continued, “We have stated all along our intention to apply to a higher exchange when appropriate. Completing our audits will pave the way towards completing this task. With the increase in assets, significant revenues in the near horizon, and funding in hand, now is the time for us to be making this move.”

About CGrowth Capital, Inc.:

CGrowth Capital, Inc. The Company continues to serve as a holding company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital’s services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and other commodities to market. CGrowth Capital will focus on acquiring or land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations.


For more information about CGrowth Capital, visit their website:

http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
http://www.CGrowthCapitalBond.com

Investor Inquiries:

CGrowth Capital, Inc.
360-536-4500

Safe Harbor

Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. The Company disclaims any obligation to update or revise any forward-looking statements.

SOURCE: CGrowth Capital, Inc.

ReleaseID: 440330

Royal Road Minerals Announces Receipt of Drilling Permissions; La Golondrina Gold Project, Narino Province, Colombia

TORONTO, ON / ACCESSWIRE / May 24, 2016 / Royal Road Minerals Limited (TSXV: RYR) (the “Company”), a gold focused mineral exploration and development company, is pleased to announce that pursuant to the approved work program (“PTO”, approved by Colombia’s Agencia Nacional de Minería) and environmental license (see Press Release April 27) for the La Golondrina gold mine, exploration drilling is now permitted at the project.

An initial scout diamond drilling program of between 1000 and 1500 meters is planned at La Golondrina. This will be the first drilling program to be conducted at the project with drilling expected to commence by August of this year. Holes will target known vein and vein-zone occurrences close to the intrusive contact with adjacent metasomatic hornfels, along strike extensions of this contact as indicated by ground magnetic data and other high-grade gold mineralized vein occurrences corresponding to often coincident magnetic and IP chargeability anomalies.

“In preparation for drilling we have commissioned a significant reprocessing and overhaul of geophysical and other available data at the La Golondrina project” said Dr Tim Coughlin, President and CEO of Royal Road Minerals “The geophysics is currently being reprocessed using mapped geological constraints and measured rock properties such as magnetic susceptibility, estimated resistivity and IP-chargeability. Early indications are encouraging, showing convincing sub-horizontal combined magnetic and IP anomalies some of which appear to be spatially related to known high-grade gold veins and underground mine development. We have received quotations and expressions of interest from five drilling contractors and depending on rig availability, we hope to commence drilling sometime before the end of August.”

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.

The information in this news release was compiled, reviewed and verified by Dr. Tim Coughlin, BSc (Geology), MSc (Exploration and Mining), PhD (Structural Geology), FAusIMM, President and CEO of Royal Road Minerals Ltd and a qualified person as defined by National Instrument 43-101. Royal Road Minerals’ employees are instructed to follow standard operating and quality assurance procedures intended to ensure that all exploration work including sampling techniques and sample results meet international reporting standards. More information can be found on Royal Road Minerals web site at www.royalroadminerals.com

Cautionary statement:

This news release may contain certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate” and other similar words, or statements that certain events or conditions “may” or “will” occur and include statements regarding the Offering and the use of proceeds therefrom. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the hiring and retention of directors and officers, exploration and development of mineral properties, mine site planning and development, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, permitting and licensing and other factors described above and in the Company’s most recent annual information form under the heading “Risk Factors”, which has been filed electronically by means of the Canadian Securities Administrators’ website located at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

For further information please contact:
Dr. Tim Coughlin
President and Chief Executive Officer

USA-Canada toll free 1800 6389205
+44 (0)1534 887166
+44 (0)7797 742800
info@royalroadminerals.com

SOURCE: Royal Road Minerals Limited

ReleaseID: 440348

North American Cannabis Holdings CEO Presents Recent Financial Performance Growth Benchmarks and 2017 Forecast Highlights with Alan Greenspan Wisdom

USMJ Approaches First Anniversary Of AmeriCanna Cafe Launch With Half Million Dollars In First Year
Sales And Two New Stores

DALLAS, TX / ACCESSWIRE / May 24, 2016 / North American Cannabis Holdings, Inc. (OTC: USMJ) today released on the Corporate website a presentation from CEO Steven Rash highlighting the recent financial benchmarks reported by the Company in its quarterly financial report for the period ended March 31, 2016. Rash begins the presentation with a quote from former Federal Reserve Chief, Alan Greenspan:

“Human propensity to swing between euphoria and fear, which, while heavily influenced by economic events, has a life of its own. In my experience, such episodes are often not mere forecasts of future business activity, but major causes of it.”

Rash goes on to say, “I contend that it is largely fear and euphoria that is driving share prices in the cannabis sector and not fundamentals.”

His report highlights the recent favorable quarterly financial report within the framework of the overall cannabis and marijuana sector investment performance over the last year. He also highlights recent cannabis and marijuana sector news and what he believes to be coming sector rally. The report includes highlights of Rash’s outlook for next year.

The presentation is available on the Company’s website:

North American Cannabis Holdings Approaches First Anniversary Of AmeriCanna Cafe Launch With Half Million Dollars In First Year Sales And Two New Stores

About North American Cannabis Holdings, Inc.

North American Cannabis Holdings, Inc. (USMJ) is founded on the core belief that cannabis makes people’s lives better. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. North American Cannabis Holdings is dedicated to finding the best possible applications for cannabis to serve consumers. For more information please visit
http://www.growusmj.com.

Follow the company on Twitter: https://twitter.com/US_HEMP.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company’s actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

CONTACT:

North American Cannabis Holdings, Inc.
Steven Rash
Phone: +1-972-528-0162
Email:
Info@growusmj.com

SOURCE: North American Cannabis Holdings, Inc.

ReleaseID: 440347