VANCOUVER, BC / ACCESSWIRE / June 1, 2016 / Ximen Mining Corp. (TSXV: XIM) (“Ximen“) is pleased to announce that it has entered into an exclusivity agreement (the “Exclusivity Agreement“) with REVOLVER RESOURCES INC. (TSXV: RZ) whereby Revolver will have up to thirty days to conduct due diligence on certain of Ximen’s mineral claims commonly known as the Gold Drop Property in Greenwood BC, 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 Ximen’s mineral claims.

Past production on the Gold Drop property is highlighted below.

Small-scale intermittent mining was conducted at Gold Drop, North Star, Amandy and Roderick Dhu veins during the period of 1919 – 1940. This included:

• North Star: 6,178 tonnes mined with 3.8 g/t Au and 76.9 g/t Ag recovered.
• Amandy: 1,059 tonnes mined with 10.0 g/t Au and 185.2 g/t Ag recovered.
• Gold Drop: 180 tonnes mined with 23.9 g/t Au and 143.4 g/t Ag recovered.
• Roderick Dhu: 25 tonnes mined with 19.9 g/t Au and 275 g/t Ag recovered

Visible Gold from the Gold Drop property.

To view the Visible Gold graphic, please click on the link below or copy and paste into your browser:
https://www.accesswire.com/uploads/11197_XimenGraphic.jpg

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

On behalf of the Board of Directors,
“Christopher R. Anderson”
Christopher R. Anderson,
President, CEO and Director
Ximen Mining Corp. 604 488-3900

This News Release may contain forward-looking statements including but not limited to comments regarding the acquisition of certain mineral claims. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Revolver undertakes no obligation to update such statements, except as required by law.

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 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 environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuations in currency exchange rates; 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.

SOURCE: Ximen Mining Corp.

ReleaseID: 440629

NEW YORK, NY / ACCESSWIRE / June 1, 2016 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has initiated coverage of Apivio Systems, Inc. (TSXV: APV.V, “Apivio”) with a price target of CAD $1.25.

The report is available here: APV Initiation Report. 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.

Based in Vancouver, Canada, with a wholly-owned operating subsidiary in South Korea, Apivio provides innovative communications equipment and solutions for commercial VoIP markets. Led by its new Monet Series UT880 smart office handset and related premium cloud-based apps, Apivio’s solutions target the convergence of Android, Wi-Fi and VoIP technologies. Through its wholly-owned subsidiary, Moimstone Korea (“Apivio MK”), Apivio is already an emerging leader in the VoIP phone space – selling over 1 million units last year in one of the world’s leading enterprise telephony markets, while amassing an impressive tier one customer list that includes KT, LG U+, and SK Telecom, among others. In our view, Apivio represents a compelling opportunity in the tech / telecom space. The company has a defensible margin of safety from the cash flow of its Korean subsidiary which generated CAD $5.5mn of adjusted EBITDA in 2015 (adding back costs related to the North American business) – while also offering an attractive growth profile as a pure play in the large and growing global VoIP market.

Highlights from the report are as follows:

Apivio powered by strong results in South Korea

Apivio has generated healthy revenue and cash flow growth from its Apivio MK subsidiary, which has grown rapidly in South Korea over the last several years on the heels of its successful Dexter IP phone franchise. The company has sold over 5mn units in South Korea, including a company-record 1mn units in 2015, working with the top 3 leading VoIP carriers in the market – KT, LG U+ and SK Telecom. Apivio MK appears to be well-defended in its market position as the company has strengthened its tier one carrier relationships with advanced custom software, which increases stickiness with the carriers while enhancing features and performance. Apivio MK has been the primary revenue driver for Apivio over the last several years, as overall revenues have climbed from CAD $29.5mn in 2012 to just under CAD $60mn in 2015. Moreover, Apivio has generated positive adjusted EBITDA for eight consecutive quarters, and the subsidiary viewed in isolation generated adjusted EBITDA margins of 9.3% in 2015.

Attractive international growth opportunity with NEC

While we are impressed by the organic growth at its Apivio MK subsidiary, Apivio’s leadership has also articulated a shrewd strategy for driving future growth and expansion, which leverages the company’s technology leadership with a global go-to-market strategy targeting the enterprise space. The enterprise space is a natural fit for Apivio, given the fact that enterprise telephony is a massive global market undergoing a structural change from legacy PBX based systems to IP-based systems using smart VoIP and soft IP phones. This creates a significant opportunity for new entrants with proven VoIP technology like Apivio to enter the market, and the company is attacking it aggressively through a sales distribution partnership with technology industry behemoth NEC North America. Apivio shipped its first 10,000 units of its new Monet Series UT880 smart VoIP enterprise video phones to NEC North America in 2015, and has already announced a follow-on order. NEC is the exclusive global distributor for the UT880, an Android-based smart desk phone, with features that include a full suite of advanced telephony and networking capabilities, a high resolution video screen, and the companies recently launched a suite of enterprise apps for the UT880, which offers a chance for differentiation as well as an opportunity to create a high value user experienced that brings along with it a high-margin recurring revenue platform for Apivio.

Initiate coverage with a price target of CAD $1.25

Our analysis indicates a fair value estimate of CAD $1.25 per share for Apivio. We see the company as an undervalued technology company with an opportunity for robust growth if it is able to achieve its aim of penetrating the global enterprise VoIP market with NEC. If achieved, the price target of CAD $1.25 represents potential upside of 273% from the recent price of $0.34.

Please review important disclosures at www.seethruequity.com.

About Apivio Systems, Inc.

Apivio Systems Inc. (“Apivio” or the “Company”) (TSX VENTURE: APV) is a Canadian technology company principally engaged in the design, development, marketing, and sale of communications equipment and software. It has a wholly-owned Korean subsidiary with a history of supplying VoIP telephone equipment and other products to major Korean and international telecommunications carriers. For more information regarding Apivio, please refer to its respective public filings available at www.sedar.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: 440628

CHICAGO, IL / ACCESSWIRE / June 1, 2016 / FlexFridge Inc. (OTC: FLXR), The world’s first foldable mini-fridge company announces today the selection of a manufacturing partner for a short-run production of our foldable mini-fridges. The manufacturing partner will produce up to 100 units of FlexFridge. The short-run production will be used to test FlexFridge with hotels, businesses and colleges. Some of the units will come in different colors. The company will be using the units in upcoming videos for our crowdfunding campaign. The manufacturing partner will assist us in transferring the production to our own manufacturing facility once we complete our acquisitions.

FlexFridge will offer a series of flexible, mini-fridges that utilize wheels and a handle for transportation and mobility. Businesses, hotels, government housing agencies, military and individual consumers can make use of this portable mini-fridge for a variety of purposes, including: hotel guest rental, outdoor parties, and dorm rooms.

The FlexFridge is the first device of its kind. Its built-in rechargeable battery allows for up to eight hours of mobile refrigeration, and its gyroscopic compressor means it can be stored in any position and still function perfectly.

Those interested can see the FlexFridge for themselves at www.flexfridge.com and opt into the newsletter to stay up to date with the progress of the world’s first foldable compact fridge.

About FlexFridge, Inc.

FlexFridge is a four-cubic-foot, foldable portable mini-fridge. It was designed to allow students, campers, hotels, businesses, governments and the military easy access to spacious fridge-space. Customers can utilize the compact fridge in their dorm rooms, RVs, hotel rooms, or offices. FlexFridge has all the convenience of a cooler with all the power of a fridge.

SAFE HARBOR

A “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements”within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of terms such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue” (or the negative thereof), or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. FlexFridge assumes no obligation, does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties not paid for by FlexFridge. Investors are encouraged to review FlexFridge’s public filings on SEC.gov, including its unaudited and audited financial statements and its Registration Statement, Form 10-Ks, and Form 10-Qs that contain general business information about the company’s operations, results of operations, and risks associated with the company and its operations. Please review all of our filings.

For more information, please contact:

Sales:
investors@flexfridge.com
(312) 614-1222
www.flexfridge.com

SOURCE: FlexFridge, Inc.

ReleaseID: 440624

Presentation Scheduled for Wednesday, June 8 at 5pm PST

SANTA ANA, CA / ACCESSWIRE / June 1, 2016 / QuantumSphere, Inc. (OTCQB: QSIM), a leading producer of advanced catalyst technologies designed to improve production efficiencies in large-scale industrial chemical processes, today announced that it will be presenting at the 6th Annual LD Micro Invitational on Wednesday, June 8, 2016 at 5pm PST. Kevin Maloney, CEO of QuantumSphere, and Gregg Hrncir, its Chief Strategy Officer, will be giving the presentation and meeting with investors.

Mr. Maloney stated, “We are excited to participate at LD Micro and share our company’s progress, specifically our 10-year commercialization agreement with our Swiss partner Casale, near-term opportunities and strategic vision. We expect to be integrated within a mid-scale ammonia plant by the end of the year, and generating revenue in the first half of 2017. Given our commercial validation via JH Group in China and our close partnership with Casale, we are excited about our prospects in the $100 billion ammonia market over the next few years. We continue to lay the groundwork with additional chemical opportunities in methanol and olefins and are enthusiastic about our longer-term potential in each market.”

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

View QuantumSphere’s profile here: http://www.ldmicro.com/profile/QSIM

Profiles powered by LD Micro – News Compliments of Accesswire

About QuantumSphere, Inc.

QuantumSphere (QSI) produces high performance nano scale catalysts designed to improve process efficiencies and output in large-scale chemical production facilities (such as Ammonia Synthesis), with the potential to deliver lower costs and greater profits for chemical producers. QSI’s products leverage patented processes to produce a unique high surface area catalyst accelerator technology which improves existing commercial catalyst performance. QSI’s technology is applicable to hundreds of chemical plants globally, which represent billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.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.

Contact Information

Hayden IR
hart@haydenir.com
917-658-7878

Safe Harbor Statement

All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016 filed on May 19, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.

SOURCE: QuantumSphere, Inc. via LD Micro

ReleaseID: 440594

VANCOUVER, BC / ACCESSWIRE / June 1, 2016 / REVOLVER RESOURCES INC. (TSXV: RZ) (the “Company“; or “Revolver“;) is pleased to announce that it has entered into an exclusivity agreement (the “Exclusivity Agreement“;) with Ximen Mining Corp. (TSXV:XIM) (“Ximen“;) whereby Revolver will have up to thirty days to conduct due diligence on certain of Ximen’s mineral claims commonly known as the Gold Drop Property in Greenwood, BC, 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 Ximen’s mineral claims (the “Transaction“;). The Gold Drop property is located in the prolific Republic Graben geological formation with historic production of 8 million ounces of gold.

Past production on the Gold Drop property is highlighted below.

Small-scale intermittent mining was conducted at Gold Drop, North Star, Amandy and Roderick Dhu veins during the period of 1919 – 1940. This included:

• North Star: 6,178 tonnes mined with 3.8 g/t Au and 76.9 g/t Ag recovered.
• Amandy: 1,059 tonnes mined with 10.0 g/t Au and 185.2 g/t Ag recovered.
• Gold Drop: 180 tonnes mined with 23.9 g/t Au and 143.4 g/t Ag recovered.
• Roderick Dhu: 25 tonnes mined with 19.9 g/t Au and 275 g/t Ag recovered

Visible Gold from the Gold Drop property.

To view the Visible Gold graphic, please click on the link below or copy and paste into your browser:
https://www.accesswire.com/uploads/11195_RevolverGraphic.jpg

The Gold Drop Project is located in Greenwood southern B.C., has easy access and good infrastructure in place.

Ximen has completed a NI 43-101 technical report on the Gold Drop Property (the “Report“;). The Report, dated January 21 2014, entitled “The Gold Drop Property,” was prepared by Linda Caron, M.Sc., P. Eng. following the guidelines of NI 43-101 and NI 43-101F1.

To the best of the Company’s knowledge, information, and belief, there is no new material scientific or technical information that would make the disclosure regarding the Gold Drop Property inaccurate or misleading.

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

This news release has been reviewed and approved by David Martin, P.Geo., a Qualified Person as defined in National Instrument.

The Transaction will be subject to the parties obtaining the approval of the TSX Venture Exchange.

The Transaction is subject to, among other things, the completion of due diligence, the execution of a mutually satisfactory definitive agreement and obtaining all necessary regulatory approvals. Further details about the Transaction will be provided in a comprehensive press release if and when the parties enter into a letter of intent and/or definitive agreement.

On Behalf of the Board of Directors
Barry Brown, Director
604-488-3900

This News Release may contain forward-looking statements including but not limited to the Transaction, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, execution of the letter of intent and definitive agreement. 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,” “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 Ximen will be completed or, if completed, will be successful.

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; 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; 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; fluctuations in currency exchange rates; 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.

888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

SOURCE: Revolver Resources Inc.

ReleaseID: 440625