Monthly Archives: July 2016

SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Chiasma, Inc. and Reminds Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / July 20, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Chiasma, Inc. (“Chiasma” or the “Company”) (NASDAQ: CHMA). Investors who purchased or otherwise acquired shares between July 15, 2015 and April 17, 2016, inclusive (the “Class Period”), are encouraged to contact the Firm prior to the August
8, 2016, lead plaintiff motion deadline.

If you purchased shares of Chiasma during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, during the Class Period, the Company made materially false and/or misleading statements about its business. The Company failed to disclose that the Phase 3 clinical trial for its oral octreotide, Mycapssa, which was conducted before the July 15, 2015 IPO, was insufficient to prove efficacy and secure FDA approval. Also Chiasma’s supervision of its suppliers was not sufficient to prevent deficiencies that delayed FDA approval of Mycapssa. On April 18, 2016 the Company announced that the FDA issued a Complete Response Letter in response to the Company’s New Drug Application for Mycapssa, stating that the FDA did not believe the application provided sufficient evidence of efficacy to warrant approval and another clinical trial would be necessary, and that deficiencies with the Company’s suppliers would need to be resolved. When Chiasma announced this news on April 18, 2016 the share price fell 63.13% on that day.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 442621

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Halyard Health, Inc. & Kimberly-Clark Corporation and Reminds Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / July 20, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Halyard Health, Inc. (“Halyard” or the “Company”) (NYSE: HYH) on behalf of investors who purchased or otherwise acquired shares (1) on or after February 25, 2013 and subsequently received Halyard securities pursuant to the spin-off of Kimberly-Clark Corporation (NYSE: KMB) of Halyard, effective as of October 31, 2014; and/or (2) purchased or otherwise acquired Halyard securities between October 21, 2014 and April 29, 2016, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws. If you purchased shares in one of those two periods, you are encouraged to contact the Firm prior to the August
29, 2016 lead plaintiff motion deadline.

If you purchased shares of Halyard during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, the Company issued misleading statements and/or failed to disclose that: (1) the Company’s MICROCOOL surgical gowns consistently failed effectiveness tests and failed to meet industry standards; and (2) Kimberly-Clark and Halyard had knowingly provided defective MICROCOOL surgical gowns to U.S. workers during the Ebola crisis. When this news was released, shares of the Halyard stock fell in value.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 442619

JULY 25, 2016 DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Ability Inc. and Reminds Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 20, 2016 / Lundin Law PC announces a class action lawsuit has been filed against Ability Inc. (“Ability” or the “Company”) (NASDAQ: ABIL) concerning possible violations of federal securities laws between September 8, 2015 and April 29, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the July 25, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

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.

According to the complaint, the Company issued false and misleading statements to investors and/or failed to disclose that: Ability overstated its income by not accounting for commissions; Ability materially overstated its operating results, by improperly recognizing revenue on multiple element sales transactions; the Company has material weaknesses in its internal controls; and as a result of the above, the Company’s financial statements for the years ending December 31, 2013 and 2014 were materially false and misleading, and not prepared in accordance with United States Generally Accepted Accounting Principles.

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@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 442620

Brazil Minerals, Inc. Provides Initial Test Results of Gold Retrieval Unit

PASADENA, CA / ACCESSWIRE / July 20, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “BMIX”) today gave a brief update on its first test of a new gold recovery platform. A Gold Retrieval Unit (GRU) test run of 6.8 cubic meters of material produced 59.1 grams (approximately 1.9 troy ounces) of 96% gold, now molten into a gold bar, as seen in an attached photograph. Note: The photographs cited in this press release are available in the version posted on the Company’s website (www.brazil-minerals.com).

Last week, BMIX’s initial portable GRU test ran material originated from the waste pile, a sand tailing box, and the new mining area. The Company cautions that the samples were small and certain waste from its large plant had high concentrations of gold. Nevertheless, the test afforded several important conclusions as described below.

1) Every material processed by the GRU yielded gold. This confirmed that centrifugation is an effective recovery method for the fine gold prevalent in BMIX’s properties along the Jequitinhonha River valley.

2) BMIX believes that the concentration of gold per cubic meter from alluvial material originating from the new mining area was attractive and will be economical with mechanization to increase the throughput. Tests are continuing on additional samples. The material from the new mining area at disposal to run in GRUs, or retrievable from the locale, is very large.

3) Diesel cost as a percentage of the expected revenue from the sale of the gold bar this week was only approximately 1%. Internal Company calculations show that diesel cost should run at 5% or less of the revenues of GRU-based operations. In the past, with retrieval of gold and diamonds in the large plant, diesel was by far the highest operating cost, at a substantial multiple of this anticipated level.

4) For effective, continuous operations, the GRUs ideally should be larger and mechanized. The test used manual labor for sieving of material before passage to the centrifuge, which required on average three workers and yet precluded a large volume from reaching the GRU. A mechanized sieving system will achieve much higher throughput per hour and use less direct labor. BMIX plans to acquire or build mechanical sieves but wants first to perform additional tests to solidify specifications. A photograph attached to this press release shows the GRU used in the test.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTC: BMIX) is a producer of diamonds, gold, sand, and industrialized mortar. We have title to 32 mineral rights for gold, diamonds, manganese, and sand, including 10 mining concessions for gold and diamonds, the highest level of right to mine in Brazil. More information on BMIX is at www.brazil-minerals.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.’s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, BMIX’s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Cautionary note regarding estimates of Indicated and Inferred Mineral Resources of Diamonds and Gold as found in MDBs NI 43-101 Technical Reports.

We advise U.S. investors that while these terms and amounts are recognized by Canadian regulations, the U.S. Securities and Exchange Commission (SEC) does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves as defined by the U.S.’s Industry Guide 7.

Cautionary note regarding estimates of Mineral Reserves of Diamonds and Gold as found in MDBs Bankable Feasibility Study.

We advise U.S. investors that while these terms and amounts are recognized by Brazilian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves as defined by the U.S.’s Industry Guide 7.

Cautionary note regarding estimates of Volume and Weight of Sand as found in MDBs studies filed with the local Brazilian regulatory agencies.

We advise U.S. investors that while sand volume and weight terms and amounts as filed in Brazil are recognized by Brazilian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part of such are not considered mineral reserves as defined by the U.S.’s Industry Guide 7.

Cautionary note regarding estimates of potential mineralization for gold of the Apui/Borba Project with the local Brazilian regulatory agencies.

We advise U.S. investors that potential mineralization for gold of the Apui/Borba Project with Brazilian regulators is not recognized by the SEC. U.S. investors are cautioned not to assume that any part of such potential mineralization is or will ever become mineral reserves as defined by the U.S.’s Industry Guide 7.

Contact:

Marc Fogassa
(213) 590-2500
info@brazil-minerals.com
www.brazil-minerals.com

SOURCE: Brazil Minerals, Inc.

ReleaseID: 442617

Automotive B2C Marketing SMS MMS Two Way Text Messaging Software Announced

An innovative 2-way text, image and video messaging system for the automotive industry, entitled Sales TextChat and Service TextChat, designed to provide an effective and complete B2C communication and marketing platform, has been announced by RY Enterprises.

Automotive B2C Marketing SMS MMS Two Way Text Messaging Software Announced

Hudson Valley New York, USA – July 20, 2016 /PressCable/

The popular RY Enterprises announced an innovative 2-way text message software, Sales TextChat and Service TextChat, tailored to premier B2C communication and marketing for new and used auto dealers and/or service departments.

More information is available at http://smsmoneymaker.com.

RY Enterprises is a popular business assisting customers with the development of optimization of professional and effective mobile marketing strategies by providing a broad range of services and solutions, ranging from SMS text message marketing or local business mobile advertising to display or Facebook advertising, and more.

The business has announced the Sales TextChat and Service TextChat, an innovative 2-way text message solution for the automotive industry, tailored for two-way transmission of text, pictures, videos or documents between sales or service departments and customers along with complete management and monitoring of all text messaging across the dealership, protection from any TCPA compliance issues, and more.

The newly announced SMS and MMS software allows dealerships and service departments to enhance engagement and reputation with customers by allowing for direct communication, through text, pictures and videos, of car issues or proposed and complete work along with deals, offers, coupons, and more, through keyword and short-code SMS marketing callouts and campaigns.

More information on the Sales TextChat and Service TextChat along with an extended demo webinar replay on how to use the 2-way text solution and its multiple B2C communication or marketing features and benefits for new and used auto dealers or service departments can be also be consulted at https://youtube.com/watch?v=quxvLfjHYqM.

RY Enterprises explains that “98% of text messages are read within the first 3 minutes while online only 22% of emails are ever read and text engagement rates are 6 to 8 times higher than email. The message is clear and Sales or Service TextChat helps bring a dealership or service department into the 21st century with technology that today’s customers are choosing as their main method of communication.”

The business adds that “the platform allows for usage of image and video to promote offers or deals on certain cars or have customers send pics and videos of their car issues for an “opinion” and vice-versa, and much more, but perhaps the greatest advantage of having a 2-way text messaging system is on public image with customers knowing they can reach your business at any time of the day or night with any questions they may have, providing an edge over the competition.”

For more information, please visit http://smsmoneymaker.com

Contact Info:
Name: Roy Revill
Email: roy@ry-enterprises.com
Organization: RY Enterprises
Address: 232 State Route 32 South #1
Phone: 845-419-2120

Release ID: 124305

Airport Security Market is Expected to Witness Fastest Market Growth Over the Forecast Period 2022| Hexa Reports

The “Airport Security Market” has witnessed a major shift in market share among regions. The industry which was primarily dominated by the U.S. is now shifting towards Middle Eastern and Asia Pacific regions.

Airport Security Market is Expected to Witness Fastest Market Growth Over the Forecast Period 2022| Hexa Reports

Felton, United States – July 20, 2016 /MarketersMedia/

The global airport security market size is expected to reach USD 12.70 billion by 2022. National security is of vital importance at critical infrastructures such as airports. In recent years, the policy and aim of many authorities has shifted from potential threat identification to deploying measures that prevent infiltration of any type of threats into the infrastructure. Demand for quicker and efficient screening has culminated in the design and development of advanced screening systems that are being employed worldwide.

Access Detail Report with TOC @
http://www.hexareports.com/report/airport-security-market/details

The rapid pace of new construction activity at airports and need to streamline security screening process in order to minimize waiting time for passengers also serve as key drivers for market growth. However, economic turmoil and lack of funds for public spending new development and construction, as well upgrade of existing airports. In addition, effectiveness of existing security equipment in combating threats and lack of a tangible return on investment has discouraged operators from purchasing new technology solutions. Existing retrofits and shift towards automated security solutions as an alternative to human labor is expected to provide market growth opportunity over the coming years

International and domestic legislations have fueled the procurement of security technologies. Organizations such as the TSA and European Civil Aviation Conference (ECAC) establish security standards and oversee their adherence. Airports are subjected to numerous threats including robbery, arson, cyber-crime, terrorism, and vandalism. Terrorist attacks are the most critical threat in public view; therefore, technologies enabling security are of prime importance for ensuring public safety.

Request a Sample Copy of ” Airport Security Market ” Report @
http://www.hexareports.com/sample/112506

Further key findings from the report suggest:

Cyber security solutions are expected to witness fastest market growth over the forecast period owing to technology trends such as IoT, Big Data, cloud storage and adoption of smart solutions. Airport screening systems continue to dominate the industry with over 45% revenue share in 2014.

North American airport security market accounted for about 35% of the overall share in 2014 owing to the presence of key players in the region coupled with a large number of new construction and upgrade activity. Government spending and regulatory mandates continue to drive growth across regions.

The global airport security market is diversified and competitive in nature. A large number of companies specialize in the provision of unique solutions from screening to cyber security. The global airport security screening market is consolidated in nature; key vendors including Safran Morpho, Smiths Detection, L-3, OSI Systems (Rapiscan) and American Science & Engineering accounted for around 50% of the overall share in 2014.

Browse More Related Research Reports on ” Electronics ” @
http://www.hexareports.com/category/electronics-market

About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

For more information, please visit http://www.hexareports.com/report/airport-security-market/details

Contact Info:
Name: Ryan Shaw
Organization: Hexa Reports
Address: Felton Office Plaza 6265 Highway 9 Felton, California 95018
Phone: +1-800-489-3075

Source: http://marketersmedia.com/airport-security-market-is-expected-to-witness-fastest-market-growth-over-the-forecast-period-2022-hexa-reports/124334

Release ID: 124334

CCHR Educates Over 90,000 Families in Campaign to Restore Parental Rights

CCHR is educating families on their rights under the Baker Act and has mailed over 90,000 postcards to households with children in Florida encouraging them to protect their children and to sign a petition to change the law.

CCHR Educates Over 90,000 Families in Campaign to Restore Parental Rights

Clearwater, United States – July 20, 2016 /PressCable/

The Citizens Commission on Human Rights (CCHR), a non-profit mental health watchdog dedicated to the eradication of abuses committed under the guise of mental health, has reached over 90,000 families in a campaign to prevent abuse of the Baker Act by educating families on their rights and exposing unnecessary involuntary commitment of minors in Florida.

The mental health law in Florida, commonly known as the Baker Act, allows children to be sent for involuntary psychiatric examination without parental knowledge or consent. This is supposed to happen if it is believed the child has a mental illness and could be a serious threat to themselves or others.

In practice the decision whether particular child is Baker Acted is arbitrary and influenced by the opinions and beliefs of those making the judgment calls at Florida schools.

A few years ago in the Palm Beach School district the police took students straight from school and drove them in squad cars to mental health examination facilities 256 times – an average of more than one child for every day of the school year.

Examples of young children being Baker Acted unjustly are far too common. For example, one mother arrived at school to find her kindergartner huddled under a table in the school office scared to death and screaming. The mom had never seen her daughter behave like this before. Police tried to handcuff the girl whose tiny wrists were too slim for the cuffs.

In another instance, a fourth-grader was committed right off the school bus while on his way home. His mother said that what her son told her happened on the bus and what the bus cameras showed was different than what the school police told her. She had to leave her son at the psychiatric hospital crying and begging for her to stay with him. After release the boy recounted how he met a girl who cut patterns into her skin with a knife, a boy addicted to pills, a boy wearing a prison jumpsuit, a roommate who punched him in the face. The boy also recalls sitting handcuffed in the hot police car while his classmates watched him from the windows of the school bus.

“We consistently receive calls from parents whose children were Baker Acted off of school grounds without their permission or knowledge,” said Diane Stein, President of CCHR Florida. “Some of these children are as young as 5 years old and do not meet the criteria for involuntary commitment. This is a gross violation of the rights of the child and of parental rights.”

In 2014 the Flagler County school board discussed the rise of Baker Act incidents involving elementary school age kids and attempted to diffuse the anger parents were feeling.

The presentation was made by Katrina Townsend, the district’s director of student services who said “I have also sat on both sides of the table at Halifax (the psychiatric ward at Halifax Hospital in Daytona Beach) as the parent of a patient, and as a representative of you, the school board, so I like to think I knew a little bit about it as well. And having gone through the process as a parent, I feel confident in the services that they provide to us.”

Townsend went onto to say, “A Baker Act is absolutely not a discipline consequence.”

She offered this analogy between Baker Acts and an asthma attack. “Mental health, just like asthma can have a critical issue or an event that requires emergency care and in mental health, that emergency care is often a Baker Act. As with a student with asthma, we would not identify that a student was having a crisis and send them home to sort it out. We would transport them for emergency care. So once I heard that analogy it kind of helped me wrap my head a round it a little bit.”

However, School Board member Colleen Conklin did not buy this idea and sided with the outraged parents.

Conklin stated, “A Baker Acting of a child is traumatically different than what was just described in the analogy of an asthma attack. The reason that you have the media and that you have some become so outraged, if you will, is because it goes against all of our senses, at the thought of a child receiving help by being placed in either handcuffs or put in the back of a patrol car. That is not dealing in the same manner as you do with somebody who has an asthma attack… That to me exacerbates the situation and is more traumatizing to a child.”

Taking action to stop this abuse, CCHR is educating families on their rights under the Baker Act and has mailed over 90,000 postcards to households with children in the Tampa Bay area after launching a new website designed to educate parents and allowing them to download a non-consent form, report abuse and encouraging them to sign a petition to stop the involuntary commitment of children in Florida.

“Our goal is to first reduce the number of unjust involuntary commitments of children and then change the law so that parental rights are restored and the Baker Act is no longer used as a disciplinary tool in our school systems,” said Diane Stein.

About CCHR:

Initially established by the Church of Scientology and renowned psychiatrist Dr. Thomas Szasz in 1969, CCHR’s mission is to eradicate abuses committed under the guise of mental health and enact patient and consumer protections. It was L. Ron Hubbard, the founder of Scientology, who brought the terror of psychiatric imprisonment to the notice of the world. In March 1969, he said, “Thousands and thousands are seized without process of law, every week, over the ‘free world’ tortured, castrated, killed. All in the name of ‘mental health.’” Free help and consultation is available by calling 800-782-2878.

SOURCES:

http://www.mypalmbeachpost.com/news/lifestyles/when-little-ones-break-down-at-school/nW275/

http://flaglerlive.com/65679/baker-act-children-fl…

For more information, please visit http://www.cchrflorida.org/

Contact Info:
Name: Diane Stein
Email: publicaffairs@cchrflorida.org
Organization: Citizens Commission on Human Rights of Florida
Address: 109 N. Fort Harrison Ave
Phone: 1-800-782-2878

Release ID: 124348

Local Dentist Launches Use of Revolutionary Dental Injection Comfort System

St. Lucie Center For Cosmetic Dentistry develops technique for dramatic reduction in injection pain.

Local Dentist Launches Use of Revolutionary Dental Injection Comfort System

PORT ST LUCIE, Fla. , USA – July 20, 2016 /MarketersMedia/

Dentist R. Anthony Matheny of the St. Lucie Center For Cosmetic Dentistry recently launched use of DentalVibe®, offering dental patients a revolutionary way to experience reduced pain during injections. The cordless, handheld, easy-to-use device is designed to mitigate the pain and fear associated with the dreaded dental injection for adults as well as children.

“Let’s face it, nobody likes dental shots, no matter how old you are,” said Matheny. “That’s why most people don’t go to the dentist as often as they should. And if you’re one of those people who hate dental shots, we’ve got great news for you.”

DentalVibe is a patented, award winning device invented by a dentist that uses vibration to block the sensation of pain. So, when a patient gets a shot, he or she does not feel it. DentalVibe is gentle, fast and safe. There are no pills to take, no gas to inhale and no drowsy after-effects to worry about. DentalVibe can be used with any dental anesthetic injection syringe to deliver comfortable injections in all areas of the mouth.

DentalVibe’s website explains the science in the following way, “Research shows that when two sensory stimuli are occurring at the same time i.e., vibration and injection pain, vibration reaches the brain fist and the feeling of pain is blocked.” This application of theory and technology allow the patient to have a more comfortable and pain-free experience at the St. Lucie Center for Cosmetic Dentistry.

Patients interested in a pain free experience can contact the St. Lucie Center for Cosmetic Dentistry today at (772) 878-5000.

St. Lucie Center for Cosmetic Dentistry
139 SW Port St. Lucie Blvd
Port St. Lucie, FL 34984

END

# # #

For more information, please visit http://www.stluciedentist.com

Contact Info:
Name: R. Anthony Matheny, DDS
Organization: St. Lucie Center for Cosmetic Dentistry
Address: 139 SW Port St. Lucie Blvd.| Port St. Lucie , FL 34984
Phone: (772) 878-5000

Source: http://marketersmedia.com/local-dentist-launches-use-of-revolutionary-dental-injection-comfort-system/124355

Release ID: 124355

Castle Peak Starts Detailed Sampling of Gold Anomalies in Preparation of Drilling

VANCOUVER, BC / ACCESSWIRE / July 20, 2016 / Castle Peak Mining Ltd. (TSXV: CAP) (“Castle Peak” or the “Company”), is pleased to announce that in preparation of drilling, a field crew is being mobilized to our priority prospects at the Akorade Project located in the southern Ashanti Belt, Ghana to:

  1. Complete a more detailed auger sampling survey of the Akoko Trend prospect to expand and define the two parallel anomalies of 1,000m by an aggregate width of 200m;
  2. Complete initial detailed sampling at the Dansuom prospect of a coincident moderate chargeability (+10ms) and moderate resistivity (+2550ohm.m) anomaly with dimensions of 600m (open) by 200m immediately adjacent to 2011 best intercepts of 7m of 1.2 grams per tonne (“g/t”) gold (“Au”) and 11m of 2.9 g/t Au (see news release November 15, 2011) that are characterized by a similar geophysical anomaly;
  3. Complete a more detailed auger sampling survey on the conceptual geological target POW-A1/3 that initial wide spaced auger sampling partially defined as a 1,000m by 75m anomaly with a core section of 300m that returned auger soil values ranging from 0.1 g/t to 0.3 g/t Au; and
  4. Prospect and sample select additional areas that are considered to have high potential based on previous field evaluations (DO_New, K4, POW-B).

These prospects were first identified using 400m x 400m soil sampling compiled with inferred geology and geophysical information. Prospecting follow-up included 4m deep auger soil samples on 200m line spacing and 50m sample spacing. The resulting geochemical anomalies that define these prospects are trends of coherent samples returning greater than (“>”) 50 parts per billion (“ppb”) gold which may contain values ranging from less than 10ppb gold to >1,000ppb gold. The proposed work program is unique to each target and will sample on 100m to 200m line spacing and 25m or 50m sample spacing. Each of these prospects combines geophysical characteristics, geochemical anomalies and geological settings favourable for the occurrence of gold deposits. These high potential prospects are within 30km on main roads from the Nzema, the Iduapriem and the Tarkwa mines.

Maps, descriptions and additional information about of these prospects and our other prospects and anomalies will be made available on our website (www.castlepeakmining.com).

Castle Peak continues to evaluate and prioritize targets immediately adjacent to it’s current high grade Apankrah Deposit, a discovery by Castle Peak consisting of an inferred resource of 76,000 ounces at a grade of 8 g/t gold. Partners are currently being sought in order to expand and advance this deposit.

Technical Disclosure

Castle Peak’s technical disclosure in this news release has been reviewed and approved by Darren Lindsay, P.Geo., Castle Peak’s President and CEO, who serves as a Qualified Person under the definition in National Instrument 43-101 (‘NI 43-101’). The exploration activities reported in the release are to be supervised by Henry Sowah, Castle Peak’s Exploration Manager. Auger soil sampling reported herein was collected as approximately 2kg samples at roughly 4m depth at sites located using handheld GPS. Soil sampling reported herein was collected as approximately 2kg samples at roughly 1m depth at sites located using handheld GPS. Castle Peak inserted control samples every tenth sample (one of field duplicate or blank standard material). Samples were analyzed for gold by fire assay and ICP analytical methodologies at SGS Laboratories in Tarkwa, Ghana. The Akorade Project represents early stage exploration properties and as such there is no guarantee mineral resources will be discovered or defined; however, the properties do include an inferred mineral resource, the Apankrah Deposit with an effective date of June 1, 2013, as described in the “NI 43-101 Technical Report on The Apankrah Project, Western Region, Ghana” dated June 1, 2013, prepared by Simon Meadows Smith (IOM3) a Qualified Person as defined by NI 43-101. A copy of the report is filed under the Company’s profile on SEDAR at www.sedar.com and the Castle Peak website.

About Castle Peak

Castle Peak Mining Ltd. is a Canadian-based junior exploration company focused on advancing greenfields and early stage gold projects. Castle Peak has discovered the high grade Apankrah deposit and believes there is potential for additional discovery of gold resources. The Company holds a strategic land package in the Ashanti belt adjacent to several producing gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most prolific gold belts in the world.

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

Darren Lindsay
President and Chief Executive Officer

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

FORWARD-LOOKING STATEMENTS

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

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

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Figure 1: Akorade Project prospects.

To view an enhanced version of Figure 1, please visit: [https://www.accesswire.com/uploads/image%201.jpg]

Figure 2: Akoko Trend prospect area

*Castle Peak Mining has not independently confirmed or evaluated the resource reported by Castle Minerals; there is no guarantee similar mineralization occurs on Castle Peak’s land position.

To view an enhanced version of Figure 2, please visit: [https://www.accesswire.com/uploads/image%20number%202.jpg]

Figure 3: POW-Dansuom prospect area.

To view an enhanced version of Figure 3, please visit: [https://www.accesswire.com/uploads/image%20number%203.jpg]

SOURCE: Castle Peak Mining Ltd.

ReleaseID: 442616

Centurion Increases Private Placement to $700,000

VANCOUVER, BC / ACCESSWIRE / July 20, 2016 / Centurion Minerals Ltd. (TSXV: CTN) (“Centurion”, or the “Company”), is pleased to announce that further to its news release of July 15, 2016 regarding a non-brokered private placement for $500,000 priced at $.05/Unit, the Company is increasing the financing to up to $700,000. All terms of the placement remain the same with each Unit consisting of one common share and one 2 year common share purchase warrant. Each warrant will be exercisable for one common share at $0.10 for the first year and at $0.15 for the second year following the closing. Closing will be subject to TSX Venture Exchange approval.

Proceeds from this financing shall be used to complete a geological model and initial resource estimation work on its Argentinean agricultural gypsum project and for general corporate purposes.

ABOUT CENTURION

Centurion Minerals Ltd. is a Canadian-based company with an international focus on the exploration and development of gold and agri-mineral projects.

On Behalf of the Board,

“David G. Tafel”
President and CEO

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.

For Further Information Contact:

David Tafel
President and CEO
604-484-2161

This news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”). All forward looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.

SOURCE: Centurion Minerals Ltd.

ReleaseID: 442618