NEW YORK, NY / ACCESSWIRE / September 27, 2016 / Pomerantz LLP is investigating claims on behalf of investors of Pure Storage, Inc. (“Pure Storage” or the Company) (NYSE: PSTG). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

[Click here to join a class action]

The investigation concerns whether Pure Storage and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On or about October 7, 2015, Pure Storage priced the Company’s initial public offering (“IPO”) at $17 per share, filed with the U.S. Securities and Exchange Commission the final prospectus for the IPO, and sold 28.75 million shares of the Company’s common stock to the investing public. On September 7, 2016, just 11 months after the IPO, Pure Storage stock closed at $12.54, a decline of more than 26% from the offering price.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 446105

TORONTO, ON / ACCESSWIRE / September 27, 2016 / Frontline Gold Corporation (TSXV: FGC) (“Frontline” or the “Company”) announces that conditional on TSX-V approval it has granted stock options to purchase 10,500,000 common shares at $0.05 per share to officers, outside directors and four consultants. The options will expire on September 26, 2021.

Conditional on TSX-V approval, 10,500,000 options were granted to the follow directors, officers and consultants of the Company:

Walter Henry
Officer/Director
2,000,000
Jim Patterson
Director
1,500,000
Darryl Sittler
Director
1,500,000
Tom Hussey
Officer/Director
1,500,000
Greg Isenor
Officer/Director
1,500,000
Laris Brauns
Consultant
1,250,000
Aydin Hencan
Turkish Employee
500,000
Erkan Gun
Turkish Employee
500,000
Perry English
Consultant
250,000

Pursuant to the grant of these options, a total of 10,500,000 options are outstanding under Frontline’s Stock Option Plan at this time, and 4,046,336 options remain available for issuance. Frontline has outstanding 140,463,361 shares and giving consideration to this option issuance, 150,963,361 shares on a fully diluted basis.

Frontline is a Canadian junior mineral exploration company. The Company’s principal properties include the following:

Keban Tailings Project – Located approximately 45 km northwest from the city of Elazig, via paved highway, which is fully permitted, which includes the exclusive rights to process a minimum 114,000 tonnes of mineralized milled tailings stored in two areas within the defined tailings boundaries.

Kambertepe Tailings Project – Includes the exclusive rights to process approximately up to 6,000 tonnes of mineralized tailings, with the following average reported grades per tonne of tailings: 2.1% Copper, 21 g/t Silver, 1.9% Zinc, 0.5% Titanium and over 50% Iron, based on assays completed by Bureau Veritas, Vancouver, Canada, as noted from a Firat University report on the project dated March 15th, 2016.

Red Lake (gold) and Birch-Uchi Greenstone Belt exploration properties, which include the Whitehorse Island Mining Patents, the Chukuni Gold Exploration project (adjacent to Goldcorp’s Red Lake Gold Mine).

Production Royalty and Net Smelter Royalty on a portion of First Mining Finance’s Pickle Crow Gold Project which was acquired from PC Gold Inc. (see http://www.frontlinegold.com/s/NewsReleases.asp?ReportID=668206&_Type=News-Releases&_Title=PC-Gold-Enters-Into-Agreement-to-Acquire-Mining-Claims)

The technical information herein was reviewed by Mr. Greg Isenor, P. Geo., who acts as Frontline’s Qualified Person as defined by National Instrument 43-101.

Further information about the Company is available on the Company’s website, www.frontlinegold.com, or our social media sites listed below:

Facebook: https://www.facebook.com/FrontlineGold/
Twitter: https://twitter.com/frontlinegold

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

“Walter Henry”
Walter Henry, President & CEO

FRONTLINE GOLD CORP.

Contact: Walter Henry
Telephone: (416) 362-9100
Fax: (416) 362-9300
Email: info@frontlinegold.com
Website: www.frontlinegold.com

Frontline Gold Corp. (TSXV: FGC)

1 Toronto Street, Suite 201
Toronto, Ontario M5C 2V6

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

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

SOURCE: Frontline Gold Corporation

ReleaseID: 446104

VANCOUVER, BC / ACCESSWIRE / September 27, 2016 / RT Minerals Corp. (TSXV: RTM) (the “Company”) announces that it has entered into option agreements to acquire a 100% interest, subject to 2% Net Smelter Royalty, in the 29 claim unit Norwalk gold property and the 39 claim unit Dill River gold property, located several kilometers south and southeast of the town of Wawa, Ontario.

The Company is further pleased to announce that it has secured the advisory and field services of Mr. Mike Tremblay, who is the property vendor for the Norwalk, Dill River and the Company’s 100% owned Ballard Lake gold properties. Mr. Tremblay won the 2013 Ontario Prospector of the Year award for his involvement in the discovery of the 8,000,000+ ounce Borden Lake gold deposit (now controlled by Goldcorp) located about 50 kilometres east of the Company’s properties.

Pursuant to the Company’s news release of September 12, 2016, drilling is ongoing at the Company’s Ballard Lake property, Ontario. The first hole of the program is underway testing for mineralization approximately 50 to 75 metres beneath gold bearing surface trenches, as well as testing a coincident geophysical target.

Norwalk Gold Property

The Company may earn its 100% interest in the Norwalk gold property by paying an initial consideration of $5,000 and 200,000 common shares of the Company upon receipt of TSX Venture Exchange (“TSXV”) approval of the agreement (the “Acceptance Date”); and making additional optional payments of $15,000 and 100,000 common shares on the first anniversary of the Acceptance Date; $25,000 and 100,000 common shares on the second anniversary of the Acceptance Date; and $45,000 and 100,000 common shares on the third anniversary of the Acceptance Date.

The Norwalk property is accessible year round by road and is situated immediately south of Red Pine Exploration Inc.’s (“Red Pine”) Surluga property and mineral resource (NI 43-101 Inferred Mineral Resource of approximately 1.1 million ounces Au). The Property displays similar geology, mineralization and alteration as the Surluga property to the north. Historical records indicate that the Property hosts several gold showings from small scale past workings at surface and underground. There are three known gold occurrences and/or gold bearing veins on the Property. There are two exploration shafts on the Property ranging from 40 metres to 66 metres in depth along with exploration headings of 15 metres in length on one of the 1.5 metre wide veins. High grade gold mineralization from past work (early 1900’s) has been reported from the various gold occurrences contained within narrow quartz veins (25 cm wide) with disseminated pyrite (MDI file). The surrounding intermediate metavolcanic rocks are strongly carbonatized and are known in some locations to contain lower grade gold mineralization along with the higher grade quartz veins contained therein.

Dill River Gold Property

The Company may earn its 100% interest in the Dill River gold property by paying an initial consideration of $3,000 and 200,000 common shares of the Company upon receipt of TSXV approval of the agreement; and making additional optional payments of $10,000 and 100,000 common shares on the first anniversary of TSXV approval; $17,000 and 100,000 common shares on the second anniversary date; and $20,000 and 100,000 common shares on the third anniversary of TSXV approval.

The Dill River gold property is contiguous to the eastern boundary of Red Pine’s Surluga property and generally covers the same local geology as the Norwalk and Surluga properties.

The acquisitions of the Norwalk and Dill River properties are subject to TSXV acceptance.

Mr. Yvan Bussieres, P.Eng., is the Qualified Person who has prepared or supervised the preparation of the information that forms the basis for the scientific and technical disclosure in this news release.

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi
President and Chief Executive Officer
RT Minerals Corp.
Telephone: 604-681-3170
Fax: 604-681-3552

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

Forward-looking Statements

Certain statements in this press release relating to the Company’s exploration activities, project expenditures and business plans are approximate and are “forward-looking statements” within the meaning of securities legislation. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. These forward looking statements represent management’s best judgment based on current facts and assumptions that management considers reasonable, including that operating and capital plans will not be disrupted by issues such as adverse market conditions, mechanical failure, unavailability of parts, labor disturbances, interruption in transportation or utilities, or adverse weather conditions, that there are no material unanticipated variations in budgeted costs, that contractors will complete projects according to schedule, and that actual mineralization on properties may not achieve any category of resource(s). The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, fluctuations in the price of gold, equity markets or in currency markets could prevent the Company from achieving its targets. Readers should not place undue reliance on forward-looking statements. There is no guarantee that drill results reported in this news release or future releases will lead to the identification of a deposit that can be mined economically, and further work is required to identify resources and reserves. We seek safe harbour.

SOURCE: RT Minerals Corp.

ReleaseID: 446103

EDMONTON, AB / ACCESSWIRE / September 27, 2016 / Synodon Inc. (TSXV: SYD) [“the Company”] announced today that it intends to change its financial year end from October 31 to December 31. The change in financial year end will allow the Company to provide continuous information on a comparable basis with its peer group.

As a result of this change, the Company will have a transitional 14 month financial year ending December 31, 2016. Further details regarding the change in financial year, including the Company’s interim reporting periods, will be available in the Company’s Notice of Change in Financial Year End prepared in accordance with section 4.8 of National Instrument 51-102, which will be filed shortly on SEDAR.

For more information, please contact:

Synodon Inc.
Mahesh Liyanage
Chief Financial Officer
Phone: 780.468.9568

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: Synodon Inc.

ReleaseID: 446094

GTEK Industries is dedicated to addressing the growing threat of EMP – both by an enemy or solar flare

SCOTTSDALE, AZ / ACCESSWIRE / September 27, 2016 / Saxon Capital Group, Inc. (OTC: SCGX) announced the signing of a letter of intent to acquire 100% of the outstanding shares of GTEK Industries, Inc., Scottsdale, Arizona. Closing of the acquisition will occur upon completion of the definitive contract which is expected to occur within the next five to ten days.

GTEK Industries is a technology company developing products to mitigate the potential devastating damage as the result of an Electromagnetic Pulse (EMP), which can be generated by either a solar event or a foreign or domestic enemy. The Wall Street Journal, USA today, Forbes, Time, US news and World Report, and other major news outlets, have reported on the EMP threat, and the possibility of an attack shutting down the entire electrical grid and destroying electronic infrastructure.

The Heritage Foundation describes an EMP as a high-intensity burst of electromagnetic energy caused by the rapid acceleration of charged particles. An EMP attack has the potential to decimate domestic and international electrical and technological infrastructure, effectively sending the U.S. back to the 19th Century. As society grows more reliant on electronic devices, so does its vulnerability to an EMP attack.

GTEK Industries may be the only company that is dedicated solely to addressing the growing threat of EMP – both by an enemy or solar flare – by providing proven, patent pending technology and products aimed at protecting the U.S and foreign governments and their citizens. GTEK specializes in keeping critical infrastructure operational when all forms of energy are lost due to natural or man-made threats, and backup systems are rendered useless. GTEK’s founders are highly experienced with EMP hardening, and the management team has previously worked with major defense contractors, U.S. and foreign governments and our intelligence community. GTEK Founder, Dr. Lorin Frantzve, has over 25 years of business and technical experience in the fields of telecommunications and software development, cyber systems and aerospace engineering.

GTEK’s Co-founder, Larry Gunta, has over 40 years of business and technical experience in the fields of mechanical design, electrical power generation, micro grid integration, advanced control systems and specialized computer, Cyber and Supervisory Control and Data Acquisition Systems (SCADA).

Forward-Looking Statements:

Various statements in this release, including those that express a belief, expectation or intention, may be considered “forward-looking statements” that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects or transactions. Forward-looking statements may also include projections and estimates concerning our future operating
results and financial condition. When we use the words “will,” “believe,” “intend,” “expect,” “may,” “should,” “anticipate,” “could,” “estimate,” “plan,” “predict,” “project,” or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release speak
only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

For further information:

GTEK@SafeCom.net
480-385-3800

SOURCE: GTEK Industries

ReleaseID: 446086

IRVINE, CA / ACCESSWIRE / September 27, 2016 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Corrections Corporation of America (“Corrections Corporation” or the “Company”) (NYSE: CXW). Investors who purchased or otherwise acquired shares between February 27, 2012 and August 17, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the October 24, 2016 lead plaintiff motion deadline.

If you purchased shares of Corrections Corporation during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 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 yet. 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, Corrections Corporation made false and/or misleading statements and/or failed to disclose: that the Company’s facilities lacked adequate safety and security standards and were less efficient at offering correctional services than the Federal Bureau of Prisons’ (“BOP”) facilities; that the Company’s rehabilitative services for inmates were less effective than the BOP’s services; that the U.S. Department of Justice (“DOJ”) was unlikely to renew and/or extend its contracts with Corrections Corporation; and that as a result of the above, Corrections Corporation’s public statements were materially false and misleading at all relevant times. On August 18, 2016, Deputy Attorney General Sally Yates announced that the DOJ decided to stop using private prisons, since they are less safe and less effective than federal government-run prisons. When this information was disclosed to the public, Corrections Corporation’s stock price decreased, thus causing investors harm.

If you wish to learn more about this lawsuit, or if you have questions regarding this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via 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: 446089

MINNEAPOLIS, MN / ACCESSWIRE / September 27, 2016 / Veritec, Inc. (the “Veritec”) (OTCPink: VRTC), — today announced that it has entered into a Non-Binding Letter of Intent (“LOI”) to acquire all of Flathead Bancorporation, Inc.’s (“FB”) issued and outstanding shares. FB is the majority owner of First Citizens Bank of Polson, Montana (“Citizens Bank”).

Van Tran, Chief Executive Officer of Veritec, stated, “Veritec and its subsidiaries offer a complete line of secure verification and financial products including prepaid debit cards, mobile banking applications and secure payment systems. In the past, our ability to continually provide our products and services has been dependent on our finding and retaining a sponsoring bank, which has been difficult. With this acquisition, we remove that dependency and control our ability to continually provide our products to our customers without disruption. We also believe our vertical acquisition of FB will make our cutting-edge mobile banking and payment products the most efficient and cost-effective in the industry. Veritec anticipates that it will license its proprietary blinxpay™ App and blinx On-Off™ Visa Prepaid Debit Card technology and secure payment systems to Citizens Bank.”

Under the proposed terms of the LOI, Veritec would acquire 9.9 percent of FB’s issued and outstanding shares for $320,000 at the closing date. Veritec intends to purchase the remaining 90.1 percent of FB’s outstanding common shares within three years of the closing date for $2,880,000. The total purchase price for FB’s outstanding common shares (including the 9.9 percent discussed above) would be $3,200,000.

Veritec would also provide loans to FB to be used for capital purposes of $280,000 at the closing date, $500,000 on or before January 31, 2017 and $400,000 on or before April 1, 2017, for a total of $1,180,000. The loans would mature in five years, require annual interest only payments at interest rates to be determined and be secured by 38% of FB outstanding common stock.

Citizens Bank president, Rick Skates, will continue to oversee the Bank’s operations and will be responsible for the integration of Veritec’s proprietary technology into its operations.

In order for the Company to successfully complete the purchase of FB, amongst other items, the Company is currently seeking regulatory approval from applicable banking authorities and plans to raise funds from investors by issuing its common shares, debt, or both.

About Veritec, Inc.

Since 1982, Veritec, Inc. has been dedicated to providing businesses with secure technological solutions. Over the last 34 years, Veritec has grown to include two subsidiaries, Veritec Financial Systems, Inc. and Tangible Payments. Veritec and its subsidiaries offer a complete line of secure verification and financial products including prepaid debit cards, mobile banking applications and secure payment systems. For more information, please visit (www.veritecinc.com, www.vtfs.com; www.blinxprepaid.com; www.blinxpay.com).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason unless otherwise required to do so by SEC Regulations.

Contact:

Van Tran
612-991-7928

SOURCE: Veritec, Inc.

ReleaseID: 446087