VANCOUVER, BC / ACCESSWIRE / June 8, 2016 / Alliance Mining Corp. (TSX-V: ALM) (“Alliance” or the “Company“) is pleased to announce that it has entered into an exclusivity agreement (the “Exclusivity Agreement“) with Madeira Resources (“Madeira“), a privately held exploration company located in Winnipeg, Manitoba whereby Alliance will have up to 30 days to conduct due diligence on certain of Madeira’s mineral claims commonly known as the Lotus and Denver claims located in Manitoba (the “Property“), with a view to negotiating the terms of a letter of intent and, if applicable, a definitive agreement in order to complete the acquisition of certain of Madeira’s mineral claims (the “Transaction“).

The Lotus and Denver claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi Subprovince that includes the Red Lake and Pickle Crow belts in northwestern Ontario. The Uchi Subprovince has produced in excess of 15 million ounces of gold with some copper and zinc. Gold production from the Rice Lake belt exceeded 1.7 million ounces with no significant production of other metals. The Lotus claims are just off a provincial highway located approximately 35 kilometers west of the town of Bissett where the Rice Lake Mine is located.

The discovery of gold has played a big part in developing this area of Manitoba. Over the many years there have been multiple smaller mines which include the Jeep Mine and the Poundmaker to only mention a few.

The Lotus property was originally discovered in 1924. Esso Resources Canada Ltd. conducted a channel sampling and mapping program in 1979 and followed up with a diamond drilling exploration program in 1980., A total of 22 holes for 3,850 feet of drilling was completed at that time, with four gold bearing zones identified, according to an Esso report, completed in 1980, ” Report on Diamond Drill Program on Lotus Prospect, Esso Resources Canada Ltd, R.S.Hall, October 20, 1980″, (non NI43-101 compliant) http://www.gov.mb.ca/data/em/application/assessment/92914.pdf.

Another drilling program was conducted in 1981 by Esso, where 20 holes for 3,660 feet of drilling was completed at that time and associated report being completed, “Esso Minerals Canada, Division of Esso Resources Canada Limited, Lotus and Ling Veins, CB 8344, 1981 Exploration, J.G. Jansen, December 1981”, (non NI43-101 compliant) http://www.gov.mb.ca/data/em/application/assessment/92914.pdf.

In 1982, a joint venture between Esso and Brinco Mining Limited developed and mined at the Lotus property. This material was processed through Brinco’s mill at the Rice Lake Mine location (Government of Manitoba, Science, Technology, Energy and Mines Department, Mineral Inventory File No 375).

The Property is considered to be early stage exploration property; there are no known mineral resources. All information and references are not being relied upon by the company in order to proceed with any potential transaction. Any data in this press release is considered historical and are not 43-101 compliant and should not be relied upon as accurate by the reader.

The Transaction is subject to, among other things, the completion of due diligence, completion of a National Instrument 43-101 technical report on the Property, the execution of a mutually satisfactory definitive agreement and obtaining all necessary regulatory approvals, including the TSX Venture Exchange. Further details about the Transaction will be provided in a comprehensive news release if and when the parties enter into a letter of intent and/or a definitive agreement.

Alliance is very excited to be working in the province of Manitoba where it ranks as one of the top locations worldwide for investment attractiveness.

Michael Willett, P.ENG has reviewed and approved the contents of this new release and is a Qualified Person as defined in National Instrument 43-101. Alliance is formulating a technical committee of which Mr. Willett may be a part of to advise the Company.

This news release may contain forward-looking statements including but not limited to the Transaction, completion of a 43-101 technical report, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and the execution of the definitive agreement. This news release refers to historical reports with reserve and resource calculations and or estimations that no NI 43-101 compliant and therefore cannot be relied upon whatsoever. Such statements are made purely for reference and should not be relied upon for its accuracy or for investment purposes. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may,” “expect,” “estimate,” “will,” “anticipate,” “intend,” “believe” and “continue” or the negative thereof or similar variations. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law. The reader is cautioned not to place undue reliance on any forward-looking information. There can be no assurance that the proposed transaction with Madeira will be completed or, if completed, will be successful.

Completion of the Transaction is subject to a number of conditions, including but not limited to, TSX Venture Exchange acceptance. There can be no assurance that the Transaction will be completed as proposed or at all.

Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company’s current exploration programs and objectives can be achieved; results of exploration activities; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits; equipment breakdowns; labour disputes; the increase in cost estimates and the potential for unexpected costs and expenses; the results of exploration activities; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; potential defects in title to the Company’s properties; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

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.

ON BEHALF OF THE BOARD

Al Beaton
Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Alliance Mining Corp.
(604) 488-3900

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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

Certain of the statements made and information contained herein is “forward-looking information” within the meaning of the Ontario Securities Act. This includes statements concerning the Company’s plans at its mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties. In addition, forward-looking information is based on various assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE: Alliance Mining Corp.

ReleaseID: 440900

LAS VEGAS, NV / ACCESSWIRE / June 8, 2016 / Frontier Energy Corp. (OTC MARKETS: FRGY): Frontier would like to provide shareholders with an update concerning recent corporate achievements and a plan of operations moving forward over the coming weeks.

On April 20th the Company filed a Form 8-K disclosure announcing that we have engaged the services of
GBH CPAs, PC (“GBH”) as the Company’s independent registered public accountants and auditors. GBH has commenced the audit review process of Company’s financial statements and corporate information. Upon the completion of this review, the Company intends to file with the SEC to bring the Company’s filing obligations current.

The Secretary of State of Nevada has been updated, and the Company has increased its authorized capital structure to accommodate forthcoming acquisitions. The current outstanding shares of the company are 975,954,648 issued and outstanding and 874,703,989 in the public float. The current capital structure on OTC Markets is accurate, and the Company has no intentions to affect a reverse split.

Updates will be provided via the Edgar System, Accesswire and Twitter: https://twitter.com/frgycorp

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Frontier Energy Corp.

Contact: Investor Relations

Email: info@frontierfrgy.com

SOURCE: Frontier Energy Corp.

ReleaseID: 440890

Kushner Joined The TMJ & Sleep Apnea Clinic as a Partner in 2014

POULSBO, WA / ACCESSWIRE / June 8, 2016 / The TMJ & Sleep Apnea Clinic, a Washington-base practice that specializes in treating sleep apnea, recently announced that one of its doctors, Tanya Kushner, was selected to be a Diplomate with the American Academy of Dental Sleep Medicine (AADSM). Dr. Kushner, who is a partner of the clinic, created a new website to honor this addition to her practice.

According to an article available on The TMJ & Sleep Apnea Clinic’s website, sleep apnea is a problem that impacts nearly 25 million adults in the United States. Since untreated sleep apnea cases can cause sleepiness, fatigue, headaches, and memory loss, the ailment raises the risk of high blood pressure, diabetes, heart disease, and death. Dr. Tanya Kushner and her team are trained to conduct sleep evaluations and treat sleep apnea using oral appliance therapy.

“Your sleep impacts every aspect of your health and daily life–sleeping well helps you look, feel and perform at your best, but a sleep problem can be harmful to your health and well-being,” noted Dr. Kushner. “Two of the most common sleep problems are snoring and obstructive sleep apnea, and it’s important to learn more about the warning signs and how you can get help.”

Founded in 1988, The TMJ & Sleep Apnea Clinic’s dynamic and educated staff offers state-of-the-art diagnosis and care to its patients. The practice is well known for continuously staying up to date with procedures and helping its clients make well-informed choices. The TMJ & Sleep Apnea Clinic also treats patients who are affected by temporo-mandibular joint disorder.

Individuals interested in learning more about The TMJ & Sleep Apnea Clinic and its work can visit the clinic’s website for additional information. Readers with questions about the clinic and Dr. Kushner’s specialties are invited to contact the practice via phone or email.

About The TMJ & Sleep Apnea Clinic:

The TMJ & Sleep Apnea Clinic is located in Poulsbo, WA, a small city in Kitsap County. Dr. Tanya Kushner is a dentist who offers patients that suffer from Sleep Apnea an alternative to the CPAP machine with Oral Appliance Therapy. Her treatments have helped many patients with snoring and the health deteriorating effects of untreated Sleep Apnea. For more information, please visit http://www.tmdsleepapnea.com

Contact:

Tanya Kushner
steve@sleepapneamd.com
360-779-7711

SOURCE: The TMJ & Sleep Apnea Clinic

ReleaseID: 440894

TORONTO, ON / ACCESSWIRE / June 8, 2016 / Alternative Earth Resources Inc. (TSXV: AER) (“AER”) and Jaguar Financial Corporation (TSXV: JFC) (“Jaguar”) entered into an agreement dated June 7, 2016 that reaches a resolution of all matters in dispute between the parties. Under the arrangement, Jaguar agreed to sell its approximately 18.5% investment in AER in a private sale and AER has agreed to waive certain costs awards made in favour of AER in connection with lawsuits Jaguar conducted against AER since December 2015 and to pay Jaguar $50,000.00.

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.

About Jaguar Financial Corporation

Jaguar is a Canadian merchant bank that generally invests in undervalued, overlooked and underappreciated public companies where Jaguar determines that one or more changes could be made to create shareholder value.

For additional information on this press release, please contact:

Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation
647-352-8180

SOURCE: Jaguar Financial Corporation

ReleaseID: 440907

ELKO, NV / ACCESSWIRE / June 8, 2016 / Lithium Corporation (OTCQB: LTUM) “the Company” is pleased to announce that it has received the initial payment of the San Emido Exploration Earn-In Agreement, and received notice that American Lithium Corp. (TSX-V LI) is buying all the outstanding share capital of 1067323 B.C. LTD., a private British Columbia company, who recently optioned an interest in the San Emidio lithium brine property in Washoe County, Nevada from Lithium Corporation. American Lithium recently also assumed the responsibilities with respect to a similar option on the Company’s Fish Lake Valley lithium brine prospect.

The terms of the agreement are; payment of $100,000, issuance of 300,000 common shares of American Lithium Corp., and work performed on the property by the Optionee in the amount of $600,000 over the next three years to earn an 80% interest in the property. American Lithium then has the option to purchase Lithium Corporation’s remaining 20% working interest within three years of earning the 80% by paying the Company a further $1,000,000, at that point the Company would retain a 2.5% Net Smelter Royalty, half of which may be purchased by American Lithium for an additional $1,000,000. Should American Lithium elect not to exercise the subsequent buy out, a joint venture will be established.

Mr. Brian Goss, president of Lithium Corporation recently stated, “I am extremely pleased that we are partnering again with American Lithium Corp., and especially look forward to working with Mike Kobler – American Lithium’s president on this project.”

For further information with regard to Lithium Corporation, please contact Tom Lewis or Brian Goss at (775) 410-2206 or via email at info@lithiumcorporation.com.

About Lithium Corporation

Lithium Corporation is an exploration company based in Nevada devoted to the exploration for energy storage related resources throughout North America, looking to capitalize on opportunities within the ever expanding next generation battery markets. The Company maintains a strategic alliance with Altura Mining, an ASX listed natural resource development company that is currently developing its 100% owned world-class Pilgangoora lithium pegmatite property in Western Australia.

Notice Regarding Forward-Looking Statements

This current report contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

SOURCE: Lithium Corporation

ReleaseID: 440872

This Website Offers Helpful Advice and an Innovative Program on How to Turn a Hobby into Income

LOS ANGELES, CA / ACCESSWIRE / June 8, 2016 / The founder of WoodWorkingBusiness.net, a website that teaches people how to start a woodworking business with no former experience or capital, is pleased to announce the launch of the new and user-friendly site.

To celebrate the recent release of WoodWorkingBusiness.net, the founder is offering a free limited time bonus that includes 500 of the top, best-selling plans. This way, people who start their own woodworking business will never run out of ideas and projects to sell. In addition, the price of the program has been temporarily reduced from $97 to $37.

WoodWorkingBusiness.net understands that times are still tough for many people. Hard-working people are losing their jobs and it can be difficult to make ends meet. This has inspired many men and women to consider starting their own business and finding a way to make money doing something they love.

This knowledge inspired the founder to create the new website, and help people who want to be entrepreneurs to discover a way to launch a company that will not only be enjoyable, but also successful. In addition to offering advice on starting a woodworking business, the website reassures readers that launching this type of company does not require a lot of money, a huge workshop filled with expensive machinery or even previous experience.

“Your woodworking business will provide you with a great part-time income while allowing you to spend more quality time with the family. Best of all, you will have fun doing what you love. People can either moonlight at the new business while keeping their current job, or turn their woodworking business ideas into a full-time income.”

“You don’t have to suffer through the painful mistakes I’ve made because I will show you how you can avoid them and start a profitable woodworking business from Day 1.”

Anybody who would like to learn more about how to start a woodworking business should visit the new WoodWorkingBusiness.net website for a step by step guide on how to make it happen.

About WoodWorkingBusiness.net:

WoodWorkingBusiness.net is a new website that offers valuable advice and tips on how to start a profitable woodworking business from home. For people who are out of work or dissatisfied with their current job, the new site will help them to achieve their entrepreneurial goals. For more information, please visit http://woodworkingbusiness.net.

Contact:

Jim Morgan
info@woodworkingbusiness.net
(949) 555-2861

SOURCE: WoodWorkingBusiness.net

ReleaseID: 440898

NEW YORK, NY / ACCESSWIRE / June 8, 2016 / SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has issued an update on Premier Holding Corporation (OTCQB: PRHL).

The report is available here: PRHL June Update. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

“The newly proposed acquisition appears to be a good fit for the company, as it would position PRHL as a supplier, allowing for potential integration synergies with its power broker subsidiary, TPC. PRHL has stated that subsidiary power broker TPC has sold nearly 200,000 new customers in recent years, and management expects the acquisition of a power supply company to enable it to generate significantly more value per new customer sale. Indeed, in its release announcing the acquisition, the company estimated that revenue potential per new customer will be enhanced by nearly ten times, with profit potential per new customer rising by 2x-3x. Clearly, if PRHL is able to complete the acquisition and meet these targets, it would have a significant impact on its operating model,” stated Ajay Tandon, CEO of SeeThruEquity.

Additional highlights from the note are as follows:

Acquisition of power supplier a transformative move

On May 9, 2016, PRHL announced that it had completed the acquisition of a FERC-licensed supplier of deregulated energy from WWCD, an Illinois LLC. According to commentary from management, the move would “accelerate dramatic growth” and stability for the company. We note that were initially intrigued by the company’s proposed acquisition of NY-based Lexington Power & Light, LLC, a proposed deal which was terminated in 2Q15 due to nonperformance by LP&L under the terms of the agreement according to PRHL filings. The newly proposed acquisition appears to be a good fit for the company, as it would position PRHL as having the capability to become a vertically integrated player, allowing for potential integration synergies with its power broker subsidiary, TPC.

Strong post-merger outlook

On May 31, 2016 PRHL issued an investor update which outlined robust growth projections for 2016E -2018E. The projections assume the consummation of its proposed power supplier acquisition, which has not closed as of this note. In the announcement, CEO Randall Letcavage stated that the deal could significantly augment the revenues generated by the company’s TPC subsidiary as it sells deregulated power –perhaps raising the financial impact to PRHL by as much as “ten times” with higher profit potential of 2-3x as well. Specifically, PRHL sees revenue rising substantially in 2016E, and management stated that it expects 2016E to be the third consecutive year of double-digit revenue increases. For 2017E management projected revenues of $40mn, growing to $95mn in 2017E as the company shifts sales over to its supplier.

Please review important disclosures at www.seethruequity.com.

About Premier Holding Corporation

The Company provides financial support and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. The Company’s mission is to acquire clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated and utilize the overall economics of such products and services for the benefit of its customers. Through subsidiaries we offer renewable energy production, energy efficiency products and services to commercial middle-market companies, Fortune 500 brands, developers and management companies of large-scale residential developments. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems. For more information, visit PRHL Investors Relations: www.prhlcorp.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 440891

SAN DIEGO, CA / ACCESSWIRE / June 8, 2016 / IFAN Financial, Inc. (OTC PINK: IFAN), (“IFAN” or “the Company”), a designer, developer, and distributor of software to enable mobile payments, announced that banking industry veteran Steve Sala has joined IFAN as Senior Vice President of Banking Operations. Mr. Sala will be leading all banking and compliance operations in association with onboarding clients into the IFAN Platform.

Steve Sala has over 30 years of experience in the banking and financial industry, and brings a wealth of knowledge that encompasses many aspects of the financial industry to IFAN. Mr. Sala served as President and CEO of the Transportation Alliance Bank (TAB) and sat on the Board of Directors.

Previously, as an advisor, Mr. Sala has served as CLO and CEO for numerous financial institutions responsible for the workout and restructure of their commercial loan portfolios. Additionally, Mr. Sala has served as CFO and Board of Director for Skaggs Companies, Inc., President of S Four Enterprises, and was CFO for Santa Fe Partners and as Founder & President of Solution Advisors, LLC.

“We’re thrilled to welcome Steve to our team,” said J. Christopher Mizer, President and CEO of IFAN Financial. “Steve joins IFAN at a crucial time for the Company, where we’ve experienced a remarkable ramp up in new clients joining the IFAN Platform over the past few months. Steve was selected based on his 30 years of experience, knowledge and expertise in the banking and finance industry. Steve will serve in one of our most critical positions, as he will lead in the process of establishing our new clients onto the IFAN Platform. Bringing Steve on board will be instrumental towards overseeing and building our back-office capabilities, which we anticipate will lead to tremendous progress in executing our long-term growth strategy.”

About IFAN Financial, Inc.

IFAN Financial, Inc., along with its wholly owned subsidiaries and joint ventures, design, develop, and distribute technology to enable and enhance mobile and traditional payments. The IFAN Platform consists of proximity based beacons, merchant processing, a mobile wallet, and prepaid card and debit card options. IFAN’s consumer facing entity, PayX, includes a portfolio of payment solutions through the mobile optimized platform capable of facilitating on-demand payments, auto-payments, split-funded payments, proximity marketing, and spending of platform funds through a linked card. IFAN and PayX provide businesses with the world’s first white label, mobile optimized platform that connects to any point of sale system and enables the next generation of marketing and payments with the capability to remit internationally. For more information, visit www.ifanfinancial.com.

Forward-Looking Statements

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. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited to our ability to maintain our website and associated computer systems, our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one of more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact:

IFAN Financial, Inc.
Steve Scholl
Chief Financial Officer
3517 Camino del Rio South
Suite 407
San Diego, CA 92108
Direct: 858-277-9868
FAX: 619-923-2907
sscholl@ifanfinancial.com
www.ifanfinancial.com

SOURCE: IFAN Financial, Inc.

ReleaseID: 440882

TIANJIN, CHINA / ACCESSWIRE / June 8, 2016 / China
Auto Logistics Inc. (the “Company” or “CALI”) (NASDAQ: CALI), one of the top sellers in China of luxury imported automobiles and a leading provider of auto-related services, announced today it has been notified by the Nasdaq Listings Qualifications Department (“Nasdaq”) that the Company is back in compliance with Nasdaq Listing Rules following the May 27, 2016 election to the CALI board of two new independent directors. As described in CALI’s 8-K filing on May 27, 2016, the newly elected directors are Mr. Lv Fuqi and Mr. Bai Shaohua.

Mr. Tong Shiping, Chairman and CEO of the Company, commented, “We are most fortunate to have been able to attract to our Company two highly accomplished individuals who surely will contribute to CALI’s continuing success. I trust our shareholders join me and our management team in welcoming Mr. Lv and Mr. Bai to our Board of Directors.”

About China
Auto Logistics Inc.

China Auto Logistics Inc. is one of China’s top sellers of imported luxury vehicles. It also provides a growing variety of “one stop” automobile related services such as short term dealer financing. Future growth is anticipated to come from expansion throughout China of the Company’s Auto Sales business as well as further growth in the Company’s higher margin financing services.

Information
Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACTS:

Ken Donenfeld
DGI Investor Relations Inc.
kdonenfeld@dgiir.com
Tel:
212-425-5700
Fax:
646-381-9727

SOURCE: China Auto Logistics Inc.

ReleaseID: 440870