Snapchat May Finally Be Holding Its Own Among the Facebooks and Twitters of the World

LONDON, UK / ACCESSWIRE / June 10, 2016 / ActiveWallSt.com announces its coverage of the Social Media industry. There is growing buzz around Snapchat’s popularity, at least in the US. So far, Facebook (NYSE: FB), Twitter (NYSE: TWTR), Pinterest and Instagram have dominated the social media space, with the latter gaining ground especially after its acquisition by Facebook. However, that trend is likely to come under threat as far as the number of followers is concerned. Register with us now for your free membership at: http://www.activewallst.com/register/.

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Not just the user base, but time spent on Snapchat gaining ground too

Snapchat app allows users to share short videos, photos and messages that only last for a set amount of time. Data and Research firm, eMarketer, indicates in one of its study that Snapchat users in the US will grow over 27% in 2016 to a little under 59 million. This would be nearly two and four million more than what Twitter and Pinterest experience, respectively. Nevertheless, Facebook messenger users would still remain at a fair distance at around 105 million. Snapchat’s popularity is not limited to the number of followers, but also to the amount of time users are spending on the app. In that regard, the app stood second in the US in April 2016, ahead of Instagram, WhatsApp, Pandora and Facebook Messenger, as noted by App Annie.

Aggressive initiatives by Snapchat to engage both users and advertisers…

It is not just the transient, yet innovative nature of Snapchat’s features that are going to make users stick to the app alone. The company is continuously trying to engage users at various levels. This is evident in some of Snapchat’s recent collaborations. For instance, the partnership with AEG, a producer of music festivals, would allow users to share moments of events occurring around them. The company is also keeping a close watch on how advertisers can measure their performances. The recent deal signed with Moat, an analytics firm, is intended just for that purpose. With a total user base reportedly at over 100 million globally, advertisers are more than concerned whether or not their investments are having an impact on users.

…and the threat is not going unnoticed

The evolving ecosystem around Snapchat is not going unnoticed, especially by competitors. There are either acquisition attempts, like the USD $3 billion offer allegedly made by Facebook, or product changes. The competitors clearly seem to have woken up to Snapchat’s challenge, especially Facebook whose Instagram app seems to be running into headwinds. Instagram reportedly faced a 24% year-on-year decline in worldwide users in recent months. Facebook is separately tweaking its own messaging app to add features and enhance user experience.

Most recent Snapchat funding round only adds more fuel to the story

Recently, Snapchat reportedly raised US$1.8 billion in a Series F funding, suggesting a company valuation of US$20 bn. This is a decent mark up from the Series E funding it raised last year at a valuation of around US$15 bn. While Snapchat has refrained from commenting on the valuation, the response has been fairly strong among investors. Clearly, the business, marketing and fund-raising activities all point toward a robust growth trajectory for the company. While Snapchat may have gone well past the likes of Yahoo’s (NYSE: YHOO) Flickr and Tumblr, and Google’s (NYSE: GOOG) Google+ in terms of popularity and appeal, it is fast catching up with its big brothers in the ever-evolving social media space.

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SOURCE: ActiveWallStreet.com

ReleaseID: 440987

VANCOUVER, BC / ACCESSWIRE / June 10, 2016 / Castle Peak Mining Ltd. (TSXV: CAP) (“Castle Peak” or the “Company”), is pleased to announce the terms of a non-brokered private placement offering units consisting of one common share of the Company and one common share purchase warrant of the Company (the “Offering”) to raise gross proceeds of up to $500,000. Under the terms of the Offering, the Company intends to sell up to 16,666,667 units at $0.03 per common unit. The minimum amount of gross proceeds to be raised under the Offering is $300,000 or 10,000,000 units. Each unit will consist of one common share (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.05 for a period of 18 months from the closing date of the Offering.

Assuming the minimum Offering, we expect to use the proceeds for target definition field work on gold anomalies of merit at the Akorade Project, for partial debt repayment, for evaluation of additional transactions and general working capital. If more than the minimum Offering amount is raised, additional funds will be used for proportional debt repayment and general working capital.

A $100,000 portion of the Offering will be allocated for participation of existing shareholders of the Company who held Common Shares as of May 30, 2016 (the “Record Date”) and who continue to hold such Common Shares as of the closing date, pursuant to the existing security holders prospectus exemption available under BC Instrument 45-534 – Exemption from Prospectus Requirements for Certain Trades to Existing Securityholders and equivalent provisions of other applicable securities laws (the “Existing Shareholder Exemption”) to residents in such jurisdictions where the use of such exemption is not prohibited. Investors relying on the Existing Shareholder Exemption will be required to represent in writing certain requirements of the Existing Shareholder Exemption, including that they were as of the Record Date and they continue to be as of the closing date a shareholder of the Company. The aggregate acquisition cost to an investor relying on the Existing Shareholder Exemption cannot exceed $15,000, unless that shareholder has obtained advice regarding suitability of the investment from a registered investment dealer in the investor’s jurisdiction. The minimum subscription amount for investors relying on the Existing Shareholder Exemption is $2,500. If you are an existing shareholder of the Company as of the Record Date who is interested in participating in the Offering, you should contact the Company by email at info@castlepeakmining.com or by telephone at 604-345-1926. Participation under the Existing Shareholder Exemption will be open until July 8, 2016. If the Company does not receive $100,000 in subscriptions from investors relying on the Existing Shareholder Exemption, then the remainder of that portion of the Offering may be allocated to investors relying on other available exemptions. If the Company receives subscriptions from investors relying on the Existing Shareholder Exemption exceeding $100,000, the Company will fill subscriptions from such investors on a first come, first served basis.

The Company may pay a finder’s fee of up to 6% to certain introducing parties on some of the proceeds in respect of the Offering, subject to compliance with applicable securities legislation and TSX Venture Exchange policies. The closing of the Offering may occur in one or more tranches, with the initial closing date of the Offering expected to occur on or about July 8, 2016, subject to receipt of a minimum of $300,000 in subscriptions. Closing is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. The securities issued pursuant to the Offering, including securities issued to investors relying on the Existing Shareholder Exemption, will be subject to a four month hold period in accordance with applicable Canadian securities laws.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdictions in which such offer, solicitation or sale would be unlawful. Any offering made will be pursuant to available prospectus and registration exemptions and restricted persons to whom the securities may be sold in accordance with the laws of such jurisdictions and by persons permitted to sell the securities in accordance with the laws of such jurisdictions.

About Castle Peak

Castle Peak Mining Ltd. is a Canadian-based junior exploration company focused on advancing greenfields and early stage gold projects. The Company holds a strategic land package in the Ashanti belt adjacent to several producing gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most prolific gold belts in the world.

On behalf of the Board of Castle Peak Mining Ltd.:

“Darren Lindsay“
President and Chief Executive Officer

For additional information please visit www.castlepeakmining.com or contact:
Darren Lindsay, President and CEO
Tel: 604 345 1926
Email: darrenl@castlepeakmining.com

FORWARD-LOOKING STATEMENTS

Except for statements of historical fact, this news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable securities laws including statements regarding the proposed Offering, the anticipated subscriptions, the proposed use of proceeds and the anticipated timing of the closing of the Offering. Such forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to vary materially from the anticipated results or events predicted in these forward-looking statements, including those risk factors identified in the Company’s Filing Statement filed under the Company’s SEDAR profile. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this release. Except as required by applicable law, Castle Peak disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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.

SOURCE: Castle Peak Mining Ltd.

ReleaseID: 440995

LAS VEGAS, NV / ACCESSWIRE / June 10, 2016 / Golden Matrix Group Inc. (OTCPK: GMGI) a provider of Social Gaming Technology recently entered into a definitive distribution agreement with L.H. Information and Technology (LHIT) in Hong Kong. LHIT is one of Asia’s leading Social Gaming Operators and has extensive active customer base.

The distribution agreement encompasses a minimum monthly royalty for the use of the Company’s Social Gaming Platform and gaming content as well as additional royalties payable based on usage of the content.

Brian Goodman, CEO stated that, “The agreement is a major milestone for Golden Matrix Group and aside from a guaranteed revenue stream the partnership will ensure broad distribution and visibility for the companies products. We have designed a powerful brand for LHIT – ‘Lucky Panda 888‘ and we expect this striking brand and the solid distribution agreement to facilitate the Company’s launch of its Social Gaming Business into Asia, the world’s largest social gaming market.”

About Golden Matrix Group

Golden Galaxy Group owns Social Gaming IP and builds configurable and scalable white labeled social gaming platforms for its international customers and delivers innovation that players want. The Social Gaming IP includes tools for acquisition, retention and monetization of users. The Company’s platform is unparalleled in both desktop and mobile applications. Moreover user management is optimized though its ability to accommodate both free and cost to play state of the art games.

Brett Goodman – brett@goldenmatrix.com

SOURCE: Golden Matrix Group

ReleaseID: 440994

SACRAMENTO, CA / ACCESSWIRE / June 10, 2016 / IDdriven, Inc. (OTCQB: IDDR), developer of the new breed of Identity and Access Management solutions today is pleased to announce it has reached a channel partner and distribution agreement with Oxford Computer Group  for the Company’s signature (IDaaS) Solution.

Seattle-based Oxford Computer Group (“OCG”) has been at the forefront of information technology for more than 30 years, and in the identity and access management business since 2002 (www.oxfordcomputergroup.com). It has received the prestigious Microsoft’s Partner of the Year award seven times.

In addition to this channel partner agreement, using its own funds and programmers OCG has developed a special, proprietary software program that complements IDDR’s (IDaaS) solution. The OCG program acts as an interface connector, which seamlessly connects the IDdriven Solution to the Microsoft (NASDAQ: MSFT) Identity Manager Software program.

“At OCG, we specialize in working with businesses to implement custom IAM solutions,” said Hugh Simpson-Wells, OCG Chief Executive Officer. “We saw something special in the IDdriven (IDaaS) Solution — an opportunity to provide not only a channel / distributor partnership but to also broaden the reach of its next generation software program. For this reason, we took it upon ourselves to develop the interface program at our own expense.”

“I want to thank Hugh Simpson and the entire OCG team for this partnership, recognizing our program’s potential and taking the initiative to create another competitive advantage and boost its marketability. OCG is the 2013 and 2014 Microsoft Partner of the Year in Identity & Security & the 2015 Partner of the Year for Enterprise Mobility. The special software they created enables us to take full advantage of our agreement,” said Arend Verweij, IDdriven Chief Executive Officer.

About Oxford Computer Group

Oxford Computer Group has been at the forefront of information technology for more than 30 years, and in the identity and access management business since 2002. It has received the prestigious Microsoft’s Partner of the Year award seven times in 1991, 1993, 2000, 2008, 2013, 2014, and most recently in 2015 for enterprise mobility, and was named a finalist for the past ten years (www.oxfordcomputergroup.com).

About IDdriven, Inc. (IDDR)

IDdriven is at the forefront of the new breed of Identity Management and Access Governance solutions. Taking the complexity and upfront costs out of implementation, IDdriven is trusted to protect a company’s most vulnerable assets. Founded in 2013, IDdriven is headquartered in Sacramento, California. To learn more, visit: www.IDdriven.com.

Forward-Looking Statement Disclosure

This news release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words.  Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond IDdriven’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our software programs, (ii) development and protection of our intellectual property, (iii) industry competition, (iv) we may need to raise capital to meet business requirements.  More detailed information about IDdriven and the risk factors that may affect the realization of forward looking statements is contained in our filings with the Securities and Exchange Commission which are available on our website and at www.sec.gov. IDdriven assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Contact:

Company Contact
E: investors@IDdriven.com
T: 415.226.7773

SOURCE: IDdriven, Inc.

ReleaseID: 440993

VANCOUVER, BC / ACCESSWIRE / June 10, 2016 / Scandium International Mining Corp. (TSX: SCY) (the “Company“) is pleased to announce that its 2016 annual general meeting (the “AGM“) was held on June 8, 2016.

At the AGM all resolutions put to the shareholders were passed. Shareholders approved the re-appointment of Davidson & Company LLP, Chartered Accountants as the Company’s auditor. The number of directors was set at seven, with George F. Putnam, William B. Harris, Willem P.C. Duyvesteyn, Barry Davies, Warren Davis, James Rothwell and Andrew C. Greig being re-elected as directors of the Company. The shareholders also approved, on an advisory basis, of the compensation awarded by the Company to the Named Executive Officers as described in the management proxy statement and as required by the rules of the Securities and Exchange Commission.

Pursuant to the policies of the Toronto Stock Exchange, the Company is required to disclose a summary of voting results for the election of directors. The voting results are as follows:

About Scandium International Mining Corp.

The Company is focused on developing the Nyngan Scandium Project into the world’s first scandium-only producing mine. The Company owns an 80% interest in both the Nyngan Scandium Project, and the adjacent Honeybugle Scandium Property, in New South Wales, Australia, and is manager of both projects. Our joint venture partner, Scandium Investments LLC, owns the remaining 20% in both projects, along with an option to convert those direct project interests into SCY common shares, based on market values, prior to construction.

In addition to the two lateritic scandium properties in Australia, SCY owns a 100% interest in the Tørdal Scandium/REE property in southern Norway, where we continue our exploration efforts, specifically for scandium and REE minerals.

For further information, please contact:

George Putnam, President and CEO.
Tel: 925-208-1775
Email: info@scandiummining.com

SOURCE: Scandium International Mining Corp.

ReleaseID: 440978

James Kappen Is Announcing the Publication and Immediate Availability of an Interview Conducted by David Jensen and Published in the Huffington Post; The Interview Discusses Kappen’s Role as Founder and CEO of Proposable

LOS ANGELES, CA / ACCESSWIRE / June 10, 2016 / James Kappen, the founder and CEO of Proposable, is announcing the release of a new interview with the Huffington Post’s David Jensen. The interview encompasses a number of subjects, including Kappen’s unique approach to entrepreneurship and his personal beliefs regarding various aspects of the hiring process. Available for review on an immediate basis through the Huffington Post, the interview provided Kappen with the opportunity to share the source of his initial inspiration for the concept that ultimately evolved into Proposable.com while also discussing the diverse technological components powering his web-based software platform.

Kappen, along with the company he founded, has drawn a great deal of praise for the efficiency of the comprehensive cloud proposal software platform. Using the platform available through Proposable.com, professionals across a number of industries have been able to streamline the sales proposal process while simultaneously benefiting from the feedback made possible through the data analytics incorporated into the platform. According to Kappen’s interview, the software platform he designed addresses the most problematic issues he often encountered in his previous entrepreneurial endeavors.

“One of the first questions David asked during the interview concerned the knowledge and drive that many entrepreneurs find after enduring some form of failure,” said Kappen. “After experiencing the inefficiencies inherent in the sales proposal process firsthand, I immediately began to focus on creating a solution to address those inefficiencies. With the increasing movement toward incorporating the cloud into business operations, it became clear that the development of a cloud-based sales proposal software platform represented an ideal solution. From there I knew I wanted to make it easy for myself and customers and that’s where the sales proposal templates come in.”

In addition to discussing those first moments of entrepreneurial inspiration, Kappen also details his unique approach to hiring practices and outlines the different qualities he looks for in candidates based on the specific position being filled. The interview clearly demonstrates Kappen’s belief in the importance of teamwork and collaboration, providing a valuable glimpse into the philosophies that serve as the foundation for Proposable’s success.

About James Lapped and Proposable:

James Kappen, an entrepreneur with specific expertise in business development and product management, is the founder and CEO of Proposable, a cloud-based platform designed to streamline all aspects of the sales proposal process.

For more information please visit http://proposable.com.

Contact:

Brandon Hopkins
brandonchopkins@gmail.com
(949) 555-2861

SOURCE: Proposable.com

ReleaseID: 440986

WELLINGTON, NEW ZEALAND / ACCESSWIRE / June 10, 2016 / New Zealand Energy Corp. (TSXV: NZ) (“NZEC” or the “Company”) today announced that the New Zealand regulator, New Zealand Petroleum & Minerals (NZP&M), has granted the Company’s applications for extension of term for the Tariki (PML 38138), Waihapa (PML 38140) and Ngaere (PML 38141) licences.

NZEC is the operator of each PML and holds a 50% permit share with L&M Energy Limited the other 50% permit owner.

The Waihapa and Ngaere PMLs have been extended for a period of 20 years (from 19 June 2016) and the Tariki PML has been extended for a period of 5 years (from 20 July 2016). The Waihapa and Ngaere PML work programmes, as agreed with NZP&M, include requirements on the permit holders to undertake reservoir modelling, field development work and undertake a comprehensive evaluation of prospectivity together with a requirement to restore the Waihapa 1B well to production (Waihapa PML) and implement an enhanced oil recovery project (Ngaere PML).

The agreed work programme for the Tariki PML requires the permit owners to complete dynamic reservoir modelling, determine the economic viability of the permit resource and either commit to implementation of the preferred development project or surrender the permit.

NZEC Chairman James Willis said “we are very pleased to have received NZP&M approval of our PML extension applications which now enable the permit owners to move forward with our field development plans”.

On behalf of the Board of Directors

“James Willis”

Chairman

New Zealand Energy Corp.

New Zealand Energy Contacts

Email: info@newzealandenergy.com
Website: www.newzealandenergy.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: New Zealand Energy Corp.

ReleaseID: 440990