VANCOUVER, BC / ACCESSWIRE / June 2, 2016 / Iconic Minerals Ltd. (TSXV: ICM) (FSE: YQGB) announces that on May 30, 2016 it received conditional acceptance from the TSX Venture Exchange to close the first tranche of its private placement (refer to ICM News Release dated May 2, 2016).

In accordance with the provisions of Subscription Agreements, on June 2, 2016 the Company issued a total of 13,525,000 Units at a price of $0.20 per Unit, each Unit being comprised of one common share and one-half share purchase warrant, each whole warrant being exercisable into one common share on or before June 1, 2018 at $0.30 per share.

A total of $158,150 cash and 309,900 Compensation Warrants were issued as finders’ fees in connection with this first tranche closing. The Compensation Warrants are exercisable on or before June 1, 2017 into a total of 309,900 units at $0.20 per unit. Each unit if and when issued will be comprised of one common share and one-half non-transferable share purchase warrant, each whole warrant being exercisable at $0.30 per share on or before June 1, 2018.

The Company anticipates closing the balance of this financing shortly.

These shares, together with any shares that may be issued on exercise of the warrants and Compensation Warrants will be subject to a hold period under applicable Canadian securities laws expiring on October 3, 2016, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.

Two Insiders (the “Related Parties”), directly and indirectly, subscribed for a total of 1,750,000 Units from the Financing, which increased those Related Parties’ pro rata shareholdings in the Company (the “Related Party Transaction”). All of the independent directors of the Company, acting in good faith, have determined that the fair market value of the securities being issued and the consideration paid is reasonable and, with the value of the Related Party Transaction being less than 25% of the Company’s market capitalization, is exempt from the formal valuation and minority shareholder approval requirements of the Ontario Securities Commission’s Rule 61-501.

On behalf of the Board of Directors

SIGNED: “Richard Barnett“

Richard Barnett, CFO

Contact: (604) 336-8614

For further information on ICM, please visit our website at www.iconicmineralsltd.com

The Company’s public documents may be accessed at www.sedar.com

The securities referred to in this news release 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 within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

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

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

SOURCE: Iconic Minerals Ltd.

ReleaseID: 440712

TORONTO, ON / ACCESSWIRE / June 2, 2016 / EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) (“EHT” or the “Company“) is providing this default status report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203“). On October 2, 2015, the Company announced that it is not in compliance with the requirements of Section 4.1 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102“) with respect to filing audited annual comparative financial statements given that the Company’s comparative financial statements as at and for the year ended November 30, 2013, as included in the November 30, 2014 audited annual financial statements had not been audited (the “Initial Default“).

As a result of the Initial Default, the Ontario Securities Commission (the “OSC“) granted (i) a permanent management cease trade order on October 28, 2015 in respect of the Company’s Chief Executive Officer and Chief Financial Officer at such time, (ii) a permanent management cease trade order on November 4, 2015 in respect of the Company’s former Chief Executive Officer, Mr. Roman Eder, and (iii) a permanent management cease trade on November 16, 2015 in respect of the Company’s interim Chief Financial Officer, Mr. David Prue (collectively, the “MCTOs“).

Further to the Company’s news release, dated May 19, 2016, the Company confirms that it has resolved the Initial Default by re-filing its consolidated financial statements with respect to the year ended November 30, 2014 (the “2014 Financial Statements“), accompanied by an independent auditor’s report, dated May 18, 2016, issued by Richter LLP, for the year ended November 30, 2014, as well as an independent auditor’s report, dated May 18, 2016, issued by BDO Canada LLP, for the year ended November 30, 2013.

Notwithstanding the re-filing of the 2014 Financial Statements, the Company remains in default of the continuous disclosure requirements set forth in Parts 4 and 5 of NI 51-102 and National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (the “Unresolved Defaults“), as (i) it has failed to meet the filing deadline of March 29, 2016 in respect of the filing of its audited annual consolidated financial statements, accompanying management’s discussion and analysis, and the related officer certifications for the financial year ended November 30, 2015 (collectively, the “2015 Filings“), and (ii) it has failed to meet the filing deadline of April 29, 2016 in respect of the filing of its interim consolidated financial statements, accompanying management’s discussion and analysis, and the related officer certifications for the interim period ended February 28, 2016 (collectively, the “2016 Q1 Filings“). The Company’s failure to satisfy the aforementioned filing deadlines is a consequence of the delay in re-filing the 2014 Financial Statements, as the completion of the 2014 Financial Statements was required to finalize the 2015 Filings and the 2016 Q1 Filings.

The Company expects to complete its 2015 Filings and 2016 Q1 Filings imminently.

The Company is required to provide bi-weekly status reports in accordance with NP 12-203, until such time that the MCTOs are revoked or a general cease trade order is issued.

The Company confirms that, except as otherwise specified herein, there are no material changes to the information contained in the bi-weekly status reports disseminated as of the date hereof. The Company further confirms that there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines and that there is no other material information relating to the status of the Initial Default or the Unresolved Defaults, and its affairs, that has not been generally disclosed.

As previously announced, the Company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 for so long as it remains in default. During the period of default, the Company will continue to issue bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR.

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. Most energy products and solutions can be implemented immediately wherever they are needed. EHT stands above its competitors by combining a full suite of solar PV, wind and battery storage solutions, which can deliver energy 24 hours per day in both small-scale and large-scale format. In addition to traditional support to established electrical networks, EHT excels where no electrical grid exists. Through its recent acquisitions and new product developments, the organization now supplies advanced material solutions for various industries in combination with energy saving and energy generation solutions. EHT’s core expertise lies in the development of innovative composite material systems with a full integration of smart energy solutions, which are processed through the use of EHT’s proprietary production technologies into attractive applications- primarily modular homes, cold storage facilities, modular hospitals, schools, hotels and residential and commercial buildings.

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.

The statements herein that are not historical facts are forward–looking statements. Forward-looking information involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the remedy of the Unresolved Defaults. Although EHT believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION, PLEASE CONTACT:

John Gamble
Director
(289) 488-1699
jgamble@ehthybrid.com
Company Website: www.ehthybrid.com

Stephanie Thompson
Administrative Assistant
(289) 488-1699
info@ehthybrid.com
Company Website: www.ehthybrid.com

SOURCE: EnerDynamic Hybrid Technologies Corp.

ReleaseID: 440710

EDMONTON, AB / ACCESSWIRE / June 2, 2016 / Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H) (“Grizzly” or the “Company”) is pleased to announce that it has appointed Mr. Andre Dallaire as an Advisor to the Board of Directors of the Company. Mr. Dallaire is a former Canadian diplomat, having served as consul and assistant trade commissioner for ten years in the US, Turkey, Peru and France. Mr. Dallaire subsequently worked as a financial advisor and consultant to Saudi Aramco in Saudi Arabia and Bahrain Telecom in Bahrain. Mr. Dallaire currently resides in Panama and has been an active investor in gold and other mineral resources stocks since 2008.

The Company also announces that the Board of Directors has granted stock options (“Options”) to directors, officers, and consultants of the Company to acquire up to an aggregate 2,200,000 common shares of the Company (“Shares”) under the Company’s Stock Option Plan, of which 1,400,000 were granted to insiders of the Company. The Options are exercisable at a price of $0.075 per Share, vest immediately upon issuance, and expire on June 2, 2021 or earlier in accordance with the provisions of the Company’s Stock Option Plan.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 223,430 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo
CEO, President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: ir@grizzlydiscoveries.com
www.irprocommunications.com

or

Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843
Email: ilambert@grizzlydiscoveries.com

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.

SOURCE: Grizzly Discoveries Inc.

ReleaseID: 440709

GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / June 2, 2016 / The board of directors of Oxbridge Re Holdings Limited (NASDAQ:OXBR) has authorized a share repurchase program whereby the company may repurchase up to $2 million of the company’s ordinary shares through December 31, 2017.

The program permits the company to periodically repurchase shares for cash in open market purchases, block transactions and privately negotiated transactions in accordance with applicable federal securities laws. Moreover, the share repurchase program may be modified, suspended, terminated or extended by the company any time without prior notice.

About Oxbridge Re Holdings Limited

Oxbridge Re (http://www.oxbridgere.com) is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through Oxbridge’s licensed reinsurance subsidiary, Oxbridge Reinsurance Limited, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re underwrites medium frequency, high severity risks, where it believes sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. The company’s ordinary shares trade on the NASDAQ under the ticker symbol OXBR and were recently added to the Russell Microcap Index. Warrants trade on the same market under the ticker symbol OXBRW.

Forward-Looking Statements

This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “confident,” “prospects” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements, including statements about future dividend payments, are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company’s filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company’s business, financial condition and results of operations. Oxbridge Re disclaims all obligations to update any forward-looking statements.

Company Contact:

Jay Madhu, CEO
Oxbridge Re Holdings Limited
345-749-7570
jmadhu@oxbridgere.com

Media Contact:

Suzie Boland
RFB Communications Group
813-259-0345
sboland@rfbcommunications.com

SOURCE: Oxbridge Re Holdings Limited

ReleaseID: 440656

IRVINE, CA / ACCESSWIRE / June 2, 2016 / MRI Interventions, Inc. (OTCQB: MRIC) today announced that Frank Grillo, President and CEO, will present at the LD Micro Invitational conference in Los Angeles, CA on Thursday, June 9, 2016 at 8:30 a.m. Pacific Time.

The presentation will be archived on the Company’s website for 90 days after the conference at www.mriinterventions.com, in the “Investors” page.

About MRI Interventions, Inc.

Building on the imaging power of MRI, MRI Interventions is creating innovative platforms for performing the next generation of minimally invasive surgical procedures in the brain. The ClearPoint System, which has received 510(k) clearance and is CE marked, utilizes a hospital’s existing diagnostic or intraoperative MRI suite to enable a range of minimally invasive procedures in the brain. For more information, please visit www.mriinterventions.com.

Forward-Looking Statements

Statements herein concerning MRI Interventions, Inc. (the “Company”) plans, growth and strategies may include forward-looking statements within the context of the federal securities laws. Statements regarding the Company’s future events, developments and future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. Uncertainties and risks may cause the Company’s actual results to differ materially from those expressed in or implied by forward-looking statements. Particular uncertainties and risks include those relating to: customer demand and market acceptance of the Company’s products; its ability to successfully expand, and achieve full productivity from, its sales, clinical support and marketing capabilities; its ability to achieve the full benefits from cost reduction efforts that have been implemented or are pending; the sufficiency of its cash resources to maintain planned commercialization efforts; and future actions of the U.S. Food and Drug Administration or any other regulatory body that could impact its commercialization efforts. More detailed information on these and additional factors that could affect the Company’s actual results are described in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2015 filed with the Securities and Exchange Commission.

Contact:

Wendelin Maners, VP, Marketing
MRI Interventions, Inc.
949-900-6833

SOURCE: MRI Interventions, Inc.

ReleaseID: 440698

SAN DIEGO, CA / ACCESSWIRE / June 2, 2016 / TearLab Corporation (NASDAQ:TEAR) (TSX:TLB) (“TearLab” or the “Company”), a company that develops and markets point of care ophthalmic in-vitro diagnostics, today announced that its Chief Executive Officer, Seph Jensen, will present a Company overview and business update at the 6th Annual LD Micro Invitational on Thursday, June 9, 2016 at 11:30 am PT/2:30 pm ET. The conference will be held at the Luxe Sunset Bel Air Hotel in Los Angeles, CA.

There will be a live webcast of the presentation which will be accessible on the investors’ page of the Company’s website under webcasts at www.tearlab.com/investors/webcasts.htm.

TearLab’s management will host one-on-one meetings at the conference. To schedule a meeting with the Company, please contact David Burke at dburke@theruthgroup.com or 646-536-7009.

About TearLab Corporation

TearLab Corporation (www.tearlab.com) develops and markets lab-on-a-chip technologies that enable eye care practitioners to improve standard of care by objectively and quantitatively testing for disease markers in tears at the point-of-care. The TearLab Osmolarity® Test, for diagnosing Dry Eye Disease, is the first assay developed for the award-winning TearLab Osmolarity System. TearLab Corporation’s common shares trade on the NASDAQ Capital Market under the symbol ‘TEAR’ and on the Toronto Stock Exchange under the symbol ‘TLB’.

Forward-Looking Statements

In order to provide TearLab’s investors with an understanding of our current intentions and future prospects, this release may contain statements that are forward-looking. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “will,” “intends,” “potential,” “possible” and similar expressions are intended to identify forward-looking statements. These forward-looking statements include our expectations regarding our future fundraising activities.

Forward-looking statements involve risks and uncertainties related to our business and the general economic environment, many beyond our control. These risks, uncertainties and other factors could cause our actual results to differ materially from those projected in forward-looking statements, including market risk and the risks we identify in reports filed with the Securities and Exchange Commission.

Although we believe that the forward-looking statements contained herein are reasonable, we can give no assurance that our expectations are correct. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. For a detailed description of our risks and uncertainties, you are encouraged to review the official corporate documents filed with the Securities and Exchange Commission. TearLab does not undertake any obligation to publicly update its forward-looking statements based on events or circumstances after the date hereof.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event).

In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

INVESTOR CONTACT:

The Ruth Group
David Burke
Tel: 646-536-7009
dburke@theruthgroup.com

SOURCE: TearLab Corporation via LD Micro

ReleaseID: 440703

ANAHEIM, CA / ACCESSWIRE / June 2, 2016 / Willdan Group, Inc. (“Willdan”) (NASDAQ: WLDN), a provider of professional technical and consulting services, today announced that it will be presenting at the 6th annual LD Micro Invitational on Tuesday, June 7, 2016 at 12:00 p.m. PT. Chief Executive Officer Thomas Brisbin will be giving the presentation and meeting with investors along with Senior Vice President, Corporate Development Mike Bieber.

The conference will be held at the Luxe Sunset Bel Air Hotel and will feature 195 companies in the small- and micro-cap space.

A live webcast of the presentation will be available on the company’s website at www.willdan.com under the “Investors: Events and Presentations” section. An archived version will be available in the same location shortly after the conclusion of the presentation.

About Willdan Group, Inc.

Willdan provides professional consulting and technical services to utilities, public agencies and private industry throughout the United States. The Company’s service offerings span a broad set of complementary disciplines that include energy efficiency and sustainability, engineering and planning, financial and economic consulting, and national preparedness. Willdan provides integrated technical solutions to extend the reach and resources of its clients, and provides all services through its subsidiaries specialized in each segment. For additional information, visit Willdan’s website at www.willdan.com.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event).

In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Investor/Media Contact

Tony Rossi
Financial Profiles, Inc.
Tel: 310-622-8221
trossi@finprofiles.com

SOURCE: Willdan Group, Inc. via LD Micro

ReleaseID: 440702

VANCOUVER, BC / ACCESSWIRE / June 2, 2016 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, Frankfurt: 1P2) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 2, 2016 in Vancouver, British Columbia (the “Meeting“). The number of directors was set at five and all director nominees, as listed in the Management Information Circular dated April 18, 2016 (the “Information Circular“), were elected as directors of the Company at the Meeting to serve until the next annual general meeting. According to the proxies received and shares voted in person at the Meeting, the results were as follows:

Notes:

1. There were 18,611,922 non-votes reported by the Scrutineer of the Meeting in respect of the above motion.
2. The percentages reported in this news release are calculated on the votes cast in person and by proxy at the Meeting which total 90,991,518 with respect to the above motion.

Davidson & Company LLP, Chartered Accountants have been appointed as auditors of the Company again, for the ensuing year and the directors have been authorized to fix their remuneration.

An ordinary resolution of the disinterested shareholders of the Company was approved with respect to the issuance of 75,000,000 debt settlement units to John Lee, Executive Chairman, at a price of $0.02 per debt settlement unit as payment for an outstanding cash loan of $1,500,000 owed by the Company to his personal holding company, Linx Partners Ltd., pursuant to a revolving Credit Facility Agreement dated March 12, 2015, as amended.

An ordinary resolution of the disinterested shareholders of the Company was approved with respect to the adoption of a new Share-Based Compensation Plan (the “2016 Share-Based Compensation Plan“).

An ordinary resolution of shareholders of the Company was approved with respect to the consolidation of the Company’s issued and outstanding Common shares on a 100 to 1 basis. Where the consolidation results in a fractional share, the number of shares will be rounded to the nearest whole Common share (with fractional shares less than 0.5 being rounded down and fractional shares equal to or greater than 0.5 being rounded up). The Common shares are expected to commence trading on the Toronto Stock Exchange on a consolidated basis on Tuesday, June 7, 2016. The new CUSIP number will be 74347D207, and the new ISIN number will be CA74347D2077.

No action is required by non-registered shareholders, who hold shares of the Company through an intermediary, to effect consolidation of their beneficially held shares. Registered shareholders of the Company as at April 18, 2016 were sent a Letter of Transmittal with the Meeting materials, and have been requested to deliver their share certificates representing the pre-consolidation shares along with their properly executed Letter of Transmittal to the Company’s Transfer Agent, Computershare Investor Services Inc., against delivery of new share certificates representing the post-consolidation shares.

Voting results for all resolutions noted above are reported in the Report on Voting Results as filed under the Company’s SEDAR profile on June 2, 2016.

The Company also announces that pursuant to the terms of the 2016 Share-Based Compensation Plan, it has granted in aggregate, 160,000 incentive stock options (on a post-consolidation basis) (the “Options“) to various directors, officers, employees and consultants of the Company. The Options are exercisable at a price of $2.00 per Common share for a term of five years expiring on June 2, 2021 and vest at 12.5% per quarter for the first two years following the date of grant.

The Company further announces that it has, or will enter into settlement and release agreements (the “Settlement Agreements“) with its directors and an employee to cover debts owing to them as well as advanced pre-payments for services to be rendered in June. Pursuant to the terms of those Settlement Agreements, the Company has agreed, subject to approval from the Toronto Stock Exchange, to issue, in aggregate, 122,821 post-consolidation Common shares at a deemed price of $1.99 per Common share, to those directors and employee through its new 2016 Share-Based Compensation Plan. Such shares issued to Company directors (including John Lee) will be subject to a voluntary 4-month hold period.

Further to the Company’s press release dated April 18, 2016, the Company is also pleased to confirm that it paid off and closed out the USD$1,500,000 line of credit facility with the Trade and Development Bank of Mongolia on May 2, 2016.

About Prophecy

Prophecy Development Corp. is a Canadian public company listed on the Toronto Stock Exchange that is engaged in developing mining and energy projects in Mongolia, Bolivia and Canada. Further information on Prophecy can be found at www.prophecydev.com.

PROPHECY DEVELOPMENT CORP.
ON BEHALF OF THE BOARD

“JOHN LEE”
Executive Chairman

For more information about Prophecy, please contact Investor Relations:

+1.604.563.0699
+1.888.513.6286
ir@prophecycoal.com
www.prophecydev.com

SOURCE: Prophecy Development Corp.

ReleaseID: 440705

LOS ANGELES, CA / ACCESSWIRE / June 2, 2016 / Lundin Law PC announces a class action lawsuit has been filed against TerraForm Global, Inc. (“TerraForm” or the “Company”) (NASDAQ: GLBL). Investors who purchased or otherwise acquired shares traceable to the Registration Statement and Prospectus issued in connection with TerrForm’s July 31, 2015 initial public stock offering (“IPO”), are encouraged to contact the Firm prior to the December 28, 2015, lead plaintiff motion deadline.

To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.

According to the complaint, the Company failed to disclose that the TerraForm Global IPO sponsor, SunEdison, was experiencing tremendous losses and debt problems. These financial issues impaired its ability to develop projects to sell to TerraForm Global, rendering the projected growth plans for SunEdison and TerraForm Global unsustainable. When the truth was revealed, shares dropped causing investors harm.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlaw.com

SOURCE: Lundin Law PC

ReleaseID: 440706