– Crunch Franchise is a leading fitness operator with over 600 franchise locations sold worldwide

– Xfit Brands, Inc. is a key worldwide supplier of functional fitness equipment including the CTC, exclusively designed for Crunch Franchise

LAKE FOREST, CA / ACCESSWIRE / July 26, 2016 / XFit Brands, Inc. (OTCQB: XFTB), a global supplier of fitness and MMA equipment sold at retail and fitness outlets worldwide whose brands include Throwdown® and Transformations™, today announced that is sponsoring the Crunch Franchise Annual Convention and Conference which kicks off today at the resort at Squaw Creek in Olympic Valley, California and is showcasing the Company’s latest innovations and equipment including the Combat Training Center (CTC) designed exclusively for the more than 600 sold in Crunch franchise locations.

XFit Brands, Inc. deploys a full range of equipment with Crunch Franchise, a global fitness center operator. Xift Brands, Inc. developed the Combat Training Centers (“CTC”) exclusively for the Crunch Franchise outlets and unique footprint. The CTC is a custom functional-fitness training center and helps differentiate Crunch Franchise by blending the best of impact sports and functional fitness. The CTC offers a variety of modalities with a range of features to foster functional strength, flexibility and endurance. This system creates a powerful and efficient training zone to enable members to exercise simultaneously, and drives revenue on many levels. Crunch Franchise maximizes the benefits of their CTC and group training member experience by implementing the comprehensive training programs that couple each CTC installation.

XFit Brands, Inc. has also developed a unique set of accessories and heavy bag systems also exclusively for Crunch Franchise. For larger Crunch Franchise Gym outlets, XFit Brands, Inc. has emplaced its proprietary larger K2 and XTC functional fitness stations in key flagship locations across the US. XFit Brands, Inc. has been known for it’s experiential fitness products has been growing compound annually in excess of 40% over the past three years, and is currently sold in more than 20 countries around the world. The expansion of the portfolio to a broader functional fitness line with kettle bells, dumbbells, barbells, and other functional fitness items has recently been added to with the Company’s new patent pending trolley system which complements the Throwdown® branded line of MMA equipment and accessories.

Craig Pepin-Donat, Executive Vice President, Co-Founder of Crunch Franchise, “Beyond the Innovative equipment, the Thowdown team has played an instrumental role in our small group training program which is a real differentiator for Crunch Franchise. We appreciate this partnership on many levels.”

Dave Vautrin, Chief Executive Officer of XFit Brands commented, “We are excited to return to the 2016 Annual Crunch Franchise Convention and humbled to have been selected to participate. This is a fantastic opportunity to network with industry leaders, key franchise groups and new Crunch Franchisees from around the world. Each morning at the convention, we begin with a unique 45-minute training program on the CTC which was built in collaboration with Crunch Franchise leadership, and builds camaraderie and strengthens the partnership between Crunch Franchise and the XFit Brand’s team unlike any other.”

About XFit Brands®

XFit Brands, Inc. is one of the leading suppliers of functional fitness brands, products, and equipment sold at retail and fitness outlets worldwide. The company provides a full portfolio of products and services spanning Mixed Martial Arts and other high and low impact fitness regimes and owns the trademarks Throwdown® trademark registered in 30 countries for its Functional Fitness line and its MMA portfolio, and Transformations® in programming. The company’s portfolio of brands and products are sold in many countries around the world and supply many of the leading Gym and Fitness outlets throughout the United States. The Company’s websites are www.xfitbrands.com and www.throwdown.com.

Safe Harbor Disclosure

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management’s current expectations regarding future results of operations, economic performance, financial condition and achievements of XFit, including statements regarding XFit’s expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. XFit Brands competes in a rapidly growing and transforming industry, and other factors disclosed in the Company’s filings with the Securities and Exchange Commission may affect the Company’s operations. Unless required by applicable law, XFit Brands undertakes no obligation to update or revise any forward-looking statements.

For investor inquiries please contact:

Scott Cameron
investorRelations@xfitbrands.com
(949) 916-9680

Websites:

www.XFitBrands.com
www.Throwdown.com

SOURCE: XFit Brands, Inc.

ReleaseID: 442834

MESQUITE, NV / ACCESSWIRE / July 26, 2016 / Cannabis Sativa. Inc. (OTCQB: CBDS) announced today the signing of a Memorandum of Understanding to acquire Ibudtender, the first truly smart cannabis web app tailored as a virtual budtender for patients, as well as a B2B & B2 app for dispensaries and
 cannabis businesses. Ibudtender’s preferential user and medical data makes it simple for patients, dispensaries, and consumers to locate cannabis, hemp and ancillary products while mitigating concerns regarding safety and effectiveness.

Cannabis Sativa President, David Tobias stated, “There is simply no other app or website that provides the level of integration that Ibudtender does. Ibudtender’s premium profiles create consumer confidence, trust and product awareness by providing a portal for consumers to easily locate products and order them for pickup, delivery or shipping. Customers include services, collective growers, distributors, dispensaries, retail and ecommerce stores.”

Chris Cope, CEO of Ibudtender stated, “With the help and support from the great team at Cannabis Sativa, I am confident that IBudtender will become the premier cannabis app.”

Ibudtender provides their clients with the software and analytical data to help promote and grow their brands and sales by providing a tailored experience for each user that makes them the forefront of the software. Every aspect is complimented with inline user data, likes and recommendations. By creating a personalized patient/recreational user experience, Ibudtender provides a one-of- a-kind engagement level including news, events, strain and product recommendations, all based on a social media platform.

Management of Cannabis Sativa will present the acquisition to its board of directors for approval and thereafter expects to enter into a definitive acquisition agreement within a week’s time, or as soon thereafter as is practicable.

Forward-Looking Statements:

This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Underlying assumptions include without limitation, the ongoing enactment of legislation favorable to the production of and the commercialization of cannabis products and the Company’s success in capitalizing on that legislation. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact Information:

Investor Relations
Mesquite, NV 89027
702-345-4074
http://www.cannabissativainc.com

SOURCE: Cannabis Sativa Inc.

ReleaseID: 442831

ZURICH, SWITZERLAND / ACCESSWIRE / July 26, 2016 / Today, Stephan Bogner from Rockstone Research published an update on 92 Resources Corp. (TSX-V: NTY) as the company has announced the acquisition of a second hard-rock lithium project, the Pontax Property in the prolific Eastmain Lithium District of Québec.

Several outcrops of white pegmatites were identified on the property in 1975, however recent high resolution satellite photos not only identified the locations of those historically defined pegmatite outcrops but as well indicate numerous other pegmatite occurrences not previously mapped. The property has not been explored for lithium by any reported historic exploration campaigns.

The company intends to start a reconnaissance field campaign consisting of mapping and sampling of known pegmatite occurrences to assess potential grade and mineralogy. The Pontax Property is located in a region of Québec that boasts several significant lithium deposits and high-grade spodumene pegmatites. The property is located in an established lithium district that has been gaining momentum in exploration and development recently, hand in hand with increased investors’ interest.

The full research report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/92Resources5en.pdf

English (web version):

http://rockstone-research.com/index.php/en/research-reports/1284-92-Resources-snags-hard-rock-lithium-property-in-Quebec

German (PDF):

http://rockstone-research.com/images/PDF/92Resources5de.pdf

Disclaimer: Please read the full disclaimer within the full research
report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

ReleaseID: 442832

VANCOUVER, BC / ACCESSWIRE / July 26, 2016 / International Lithium Corp. (TSXV: ILC) (the “Company” or “ILC”) is pleased to announce that strategic partner Pioneer Resources Limited (“Pioneer”) (ASX: PIO) has completed their due diligence and formally entered into an Option Agreement to advance through exploration the Company’s Raleigh lithium pegmatite project in Ontario, Canada (“Project”). In addition, the companies have increased the size of the project to 809 hectares (2,000 acres) through staking.

Key Highlights:

Preliminary reconnaissance discovers pegmatite obscured by beaver dam;
Grab sample of host rock adjacent to beaver dam returns highest degree of lithium enrichment reported in the region to date representing intense rare-metals mineralizing system;
Increase project size by 80% through staking to encompass extensive highly anomalous rare metals’ trends known to host high-grade lithium spodumene pegmatites.
Raleigh Lithium Project Option Agreement executed with Pioneer; and
Pioneer may earn an initial 51% interest in the Project by expending CAN$1.25 million on exploration activities within three years;

Raleigh Lithium Pegmatite Project

The Raleigh Project is situated 7 kilometres south of the Trans-Canada Highway, 60 kilometres southeast from the Company’s Mavis Project, 80 kilometres southeast from the town of Dryden, Ontario and approximately 240 kilometres northwest of Thunder Bay. Four unpatented mining claims totalling 368 hectares were recently staked increasing the Project area to 809 hectares. The expanded claim boundaries now cover an extensive zone exhibiting multiple intensely anomalous bands known to host high-grade lithium pegmatites.

When rare-metal pegmatites are emplaced, the host rocks adjacent to the pegmatite body are enriched by the associated fluids forming an observable rare-metals’ halo. Normally the rare-metal alteration halo is in the meter scale, but the pegmatite belt at Raleigh, similar to the Company’s nearby Mavis project, exhibit some of the most extensive lithium anomalies delineated to date in Ontario.

On a recent reconnaissance of the project by ILC and Pioneer representatives a pegmatite noted in historical records, but not explored by previous operators, was discovered. The site of the pegmatite is obscured by a beaver dam, which may account for why previous operators overlooked it. A grab sample* of the adjacent mafic volcanic host rock was sent to ALS laboratory for analysis and returned a lithium value of 0.49% Li2O (2290ppm Li). This is significantly higher than any other lithium host-rock value reported in the region and indicates an intense mineralizing system, particularly to have altered and impregnated the host rock to such a degree.

* Grab samples are by definition selective and are unlikely to represent average grades on the property.

Previous exploration campaigns on the Project included mapping, lithogeochemistry, trenching (1500m) and diamond core drilling (2817.5m in 17 holes) resulting in the identification of several substantial pegmatites and numerous smaller ones (see Company news release dated March 23 and July 13, 2016, for further details).

Mapping and litho-geochemical sampling indicate a highly fractionated rare-metals’ pegmatite belt at least 5 km in length and 2 km in width now fully enclosed within the Company’s expanded claim boundaries. The strength of the litho-geochemical signature in the host rock adjacent to known pegmatites will be a highly effective exploration tool to signal the location of hidden or blind pegmatites; pegmatites buried under soil cover or capped by another rock type.

Highlights of previously reported drill intercepts at Raleigh are summarized in the table below. The pegmatites are moderately dipping and appear to flatten at depth.

Hole ID
From
(metres)
To
(metres)
Width
(metres)
Li2O %
RL99-05
108.95
115.40
6.45
1.62
incl
108.95
111.20
2.35
2.39
RL10-01
28.30
33.00
4.70
1.81
incl
29.80
32.00
2.20
2.37
 
154.30
161.00
6.70
1.14
incl
159.00
160.00
1.00
2.86
RL10-02
84.00
93.00
9.00
2.80
RL10-03
103.05
109.00
5.95
1.64
RL10-05
24.40
34.00
9.60
1.03
RL10-06
123.00
128.70
5.70
1.03
 
 
 
 
 

All widths in drill core are drill widths and have not been adjusted to true widths. The Company has not yet been able to confirm historical results compiled from assessment reports and news releases filed by previous operators.

Raleigh Option Agreement

Pioneer may earn an initial 51% interest in the Project by expending CAN$1.25 million on exploration activities within three years and paying to ILC a total of CAN$250,000 in cash and shares 50/50 over the same three years (the “First Earn-in”).
Following the First Earn-in, ILC will be granted a 1.5% Net Smelter Return royalty (“NSR”), purchasable at any time for CAN$1.5 million.
Pioneer will then be granted, if ILC elects not to participate and if Pioneer elects to pursue, an option where Pioneer can earn an additional 29%, for a total 80% interest, by sole funding exploration expenditures and the production of a pre-feasibility technical report within 6 years from the completion of the First Earn-In. Thereafter the Parties will contribute on a pro-rata basis. If either Party dilutes to 15% Project Equity, their interest is converted to a 1.5% NSR.

The Upper Canada Lithium Pool

The close proximity of the Mavis and Raleigh projects presents clear strategic and operational advantages. ILC is pursuing lithium prospects with reported high grades in this region and seeking to consolidate them with the aim to identify sufficient resources in multiple prospects to potentially feed a common processing facility. The Upper Canada Lithium Pool is the anticipated geographical consolidation of projects and partnered companies hosting amenable grade, volume, access and infrastructure in order to mitigate the financial burden on any one company when advancing specific projects to reach this goal.

John Harrop, P.Geo, FGS, is a Qualified Person as defined under NI 43-101 who has supervised preparation of the technical information contained in this news release.

About International Lithium Corp.

International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

The Company’s primary focus is the Mariana lithium-potash brine project, a joint venture with Ganfeng Lithium Co. Ltd. within the renowned South American “Lithium Belt” that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or ‘salt lakes’ in the region.

Complementing the Company’s lithium brine project are three rare metals pegmatite properties in Canada known as the Mavis, Raleigh, and Forgan projects; and one project in Ireland (Avalonia project) that encompasses an extensive 50km long pegmatite belt. The Avalonia project is under option to strategic partner Ganfeng Lithium and the Mavis and Raleigh projects with strategic partner Pioneer Resources Limited (PIO:ASX). The Mavis, Raleigh and Forgan projects together form the basis of the Company’s newly created Upper Canada Lithium Pool designated to focus on acquiring numerous prospects with previously reported high concentrations of lithium in close proximity to existing infrastructure.

With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow’s “green-tech”, sustainable economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the resource explorer of choice for investors in green tech and build value for its shareholders.

On behalf of the Board of Directors,

Kirill Klip
President, International Lithium Corp.

For further information regarding this news release contact Caroline Klukowski (Corporate Communications) at 604.687.7551 or view the website at www.internationallithium.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. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company’s future plans and objectives or expected results, are forward-looking statements. News release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

SOURCE: International Lithium Corp.

ReleaseID: 442835