Monthly Archives: September 2016

Post Earnings Coverage as OMNOVA Earnings Improve 8.5%

LONDON, UK / ACCESSWIRE / September 27, 2016 / Active Wall St. announces its post-earnings coverage on OMNOVA Solutions Inc. (NYSE: OMN). The company released its third quarter fiscal 2016 financial results on September 22nd, 2016. The chemical maker posted an 8.5% improvement in earnings; yet this was not enough to outperform market expectations. Register with us now for your free membership at: http://www.activewallst.com/register/.

Today, AWS is promoting its earnings coverage on OMN. Get our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=OMN.

Earnings Reviewed

For the three months ended on August 31st, 2016, Omnova reported net income of $4.7 million or $0.10 per diluted share, compared to net income of $0.4 million, or $0.01 per diluted share, in the prior year’s period. Adjusted net income was $6.4 million, or $0.14 per share, up 8.5% from $5.9 million, or $0.13 per share, in Q3 2015. The results were below Wall Street’s expectations of $0.17 per share. Both EPS and adjusted EPS were negatively impacted, by approximately $0.03, due to country-wide labor strikes unrelated to the Company which caused industrial shutdowns in France.

For Q3 2016, Omnova’s sales declined $15.3 million, or 7.3%, to $195.6 million compared to $210.9 million for the comparable quarter last year. The largest contributor to the sales decline was $6.4 million, or 3.0%, from the divestiture of the non-strategic, break-even operation in India in February 2016. Volume declined $4.6 million, or 2.2%, primarily related to Latin American nonwovens, coated fabrics for the Chinese automotive market and unfavorable conditions in the paper and carpet markets, partially offset by improved volumes in North American specialty coatings, oil & gas additives, construction chemicals, and elastomeric modifiers. Pricing accounted for $2.7 million, or 1.3% of the decline, driven by index pricing tied to lower costs for certain raw materials.

Segment Results

Performance Chemicals segment: During Q3 2016, net sales from Omnova’s Performance Chemicals segment dropped 6.6% to $143.5 million compared to $153.6 million in Q3 2015. Specialty Chemicals product line sales increased 2.0% to $72.0 million from $70.6 million last year. Performance Materials product line sales decreased $11.5 million, or 13.9%, to $71.5 million compared to $83.0 million in Q3 2015.

Performance Chemicals segment operating profit for Q3 2016 rose to $17.3 million from $7.5 million in Q3 2015. Adjusted segment operating profit rose 15.9%, to $17.5 million compared to $15.1 million in last year’s third quarter. This was Performance Chemicals’ sixth consecutive quarter of y-o-y improvement in adjusted segment operating profit.

Engineered Surfaces Segment: Net sales for the Engineered Surfaces segment were $52.1 million during Q3 2016, a drop 9.1% compared to $57.3 million in Q3 2015. Laminates and Performance Films product line sales were $35.0 million in Q3 2016, falling $0.6 million on y-o-y basis. The overall decline was due to the delayed timing of customer plant start-ups in flooring and customer refurbishment projects in retail store fixtures. In the reported quarter, Global Coated Fabrics product line sales were $17.1 million, down $4.6 million from last year. The decline was due primarily to lower sales into the China automotive market. The Company is transitioning from a previous private label arrangement to expanding its business with local OEM’s and Tier I suppliers in China. For Q3 2016, Engineered Surfaces segment reported operating profit of $3.9 million compared to $5.2 million last year. Adjusted operating profit for the segment came in at $4.1 million compared to $6.1 million in Q3 2015.

Operating Metrics

In Q3 2016, gross profit soared 220 basis points to $52.1 million, or 26.6% of net sales, compared to $51.5 million, or 24.4% of net sales, reported last year; the increase was attributed to cost reduction initiatives, lower raw material costs, mix improvement from favorable volume in higher-margin businesses, and pricing actions, partially offset by the decline in volumes.

Balance Sheet

Cash provided by operations in Q3 2016 was $21.6 million compared to $27.3 million last year; the drop was attributable to an increase in the Company’s pension plan contribution and lower working capital realization. Net leverage improved to 3.5x at the end of Q3 2016 from 3.8x at the end of Q3 2015. During the quarter, the Company also completed a refinancing of its long-term debt, which lowers its interest expense by approximately $2 million per year, and also extends its maturities to 2023.

Stock Performance

On Monday, The stock closed the trading session at $7.92, falling 3.30% from its previous closing price of $8.19. A total volume of 557.96 thousand shares have exchanged hands, which was higher than the 3-month average volume of 366.21 thousand shares. OMNOVA Solutions’ stock price rallied 28.99% in the last three months, 44.79% in the past six months, and 47.76% in the previous twelve months. %. Furthermore, on a year to date basis, the stock surged 29.20%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446063

Research Reports Initiated on Entertainment Stocks Cineplex, DHX Media, Sirius XM Canada, and Corus Entertainment

LONDON, UK / ACCESSWIRE / September 27, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Entertainment industry. Companies recently under review include Cineplex, DHX Media, Sirius XM Canada, and Corus Entertainment. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the closing bell on Monday, September 26, 2016, the Toronto Exchange Composite index edged 0.53% lower to finish the trading session at 14,619.46 on a total volume of 259,118,882 shares exchanging hands for the day.

Active Wall St. has initiated research reports on the following equities: Cineplex Inc. (TSX: CGX), DHX Media Ltd. (TSX: DHX.B), Sirius XM Canada Holdings Inc. (TSX: XSR), and Corus Entertainment Inc. (TSX: CJR.B). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Cineplex Inc. (TSX: CGX)

On Monday, shares in Toronto, Canada headquartered Cineplex Inc. ended the session 0.04% higher at $50.46 with a total volume of 140,681 shares traded. Shares of Cineplex, which operates motion picture theatre circuits in Canada, have advanced 0.08% in the last one month and 7.82% in the previous one year. However, the Company’s stock has fallen by 1.62% in the past three months. The stock is trading above its 50-day moving average. The company’s 200-day moving average of $50.79 is greater than its 50-day moving average of $50.27. Cineplex’s shares traded at a PE ratio of 25.12. See our research report on CGX.TO at: http://www.activewallst.com/registration-3/?symbol=CGX.

DHX Media Ltd. (TSX: DHX.B)

Halifax, Canada headquartered DHX Media Ltd’s stock edged 0.28% higher, to finish Monday’s session at $7.19 with a total volume of 189,592 shares traded. Shares of DHX Media have gained 14.86% in the past three months. The Company’s shares are trading above its 200-day moving average. DHX Media’s 50-day moving average of $7.57 is above its 200-day moving average of $7.16. Shares of the Company, which develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters globally, traded at a PE ratio of 27.65. The complimentary research report on DHX-B.TO at: http://www.activewallst.com/registration-3/?symbol=DHX.B.

Sirius XM Canada Holdings Inc. (TSX: XSR)

Toronto, Canada headquartered Sirius XM Canada Holdings Inc.’s stock closed the day flat at $4.79. The stock recorded a trading volume of 75,034 shares. Shares of Sirius XM Canada Holdings, which through its subsidiary, Sirius XM Canada Inc., operates as an audio entertainment company primarily in Canada, have advanced 3.68% in the last one month and 6.21% in the past three months. However, the stock has fallen by 1.84% in the previous one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $4.70 is greater than its 200-day moving average of $4.60. The Company’s shares traded at a PE ratio of 12.95. Register for free and access the latest research report on XSR.TO at: http://www.activewallst.com/registration-3/?symbol=XSR.

Corus Entertainment Inc. (TSX: CJR.B)

On Monday, shares in Toronto, Canada headquartered media and entertainment company, Corus Entertainment Inc., recorded a trading volume of 250,912 shares. The stock ended the day 0.74% lower at $12.09. Corus Entertainment’s stock has fallen by 3.05% in the last one month. The Company is trading below its 50-day and 200-day moving averages. The stock’s 50-day moving average of $12.50 is above its 200-day moving average of $12.43. Shares of the Company, operates radio stations; and specialty, pay, and conventional television networks in Canada and internationally, traded at PE ratio of 8.72. Get free access to your research report on CJR-B.TO at: http://www.activewallst.com/registration-3/?symbol=CJR.B.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446057

Research Reports Initiated on Tech Stocks Celestica, Pure Technologies, International Road Dynamics, and D Box Technologies

LONDON, UK / ACCESSWIRE / September 27, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Computer Hardware industry. Companies recently under review include Celestica, Pure Technologies, International Road Dynamics, and D-Box Technologies. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the close of the Canadian markets on Monday the TSX Composite index ended the trading session at 14,619.46, 0.53% lower from its previous closing price.

The Info Tech Index was also in the red, closing the day at 56.63, down 0.35%.

Active Wall St. has initiated research reports on the following equities: Celestica Inc. (TSX: CLS), Pure Technologies Ltd. (TSX: PUR), International Road Dynamics Inc. (TSX: IRD), and D-Box Technologies Inc. (TSX: DBO). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Celestica Inc. (TSX: CLS)

Toronto, Canada headquartered Celestica Inc.’s stock edged 0.43% lower, to close the day at $13.85. The stock recorded a trading volume of 184,911 shares. Shares of Celestica, which provides supply chain solutions to customers in the communications, consumer, aerospace and defense, industrial, healthcare, energy, semiconductor equipment, servers, and storage end markets in the Americas, Asia, and Europe, have lost 2.07% in the last one month. However, the stock has gained 14.84% in the previous three months. The company’s shares are trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $13.96 is greater than its 200-day moving average of $13.62. The Company’s shares traded at a PE ratio of 23.84. See our research report on CLS.TO at: http://www.activewallst.com/registration-3/?symbol=CLS.

Pure Technologies Ltd. (TSX: PUR)

Calgary, Canada headquartered Pure Technologies Ltd.’s stock declined 2.91%, to finish Monday’s session at $5.67 with a total volume of 51,584 shares traded. Over the last three months, Pure Technologies’ shares have lost 1.73%. However, the stock has advanced 1.80% in the past one year. The Company’s shares are trading above its 200-day moving average. Pure Technologies’ 50-day moving average of $6.10 is above its 50-day moving average of $5.64. Shares of the Company, which engages in the development and application of technologies for inspection, monitoring, and management of physical infrastructure globally, traded at a PE ratio of 1,134.00. The complimentary research report on PUR.TO at: http://www.activewallst.com/registration-3/?symbol=PUR.

International Road Dynamics Inc. (TSX: IRD)

On Monday, shares in Saskatoon, Canada headquartered International Road Dynamics Inc. ended the session 0.82% lower at $2.43 with a total volume of 24,600 shares traded. Shares of International Road Dynamics, which operates as a highway traffic management products and systems technology company globally, have gained 4.74% in the last one month and 41.28% in the previous three months. Furthermore, the stock has rallied 155.79% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $2.33 is greater than its 200-day moving average of $1.75. International Road Dynamics’ shares traded at a PE ratio of 12.21. Register for free and access the latest research report on IRD.TO at: http://www.activewallst.com/registration-3/?symbol=IRD.

D-Box Technologies Inc. (TSX: DBO)

On Monday, shares in Longueuil, Canada headquartered D-Box Technologies Inc. recorded a trading volume of 332,660 shares, which was higher than their three months average volume of 243,162 shares. The stock ended the day 1.47% lower at $0.67. D-Box Technologies Inc.’s stock has advanced 6.35% in the last one month and 28.85% in the previous three months. Furthermore, the stock has rallied 116.13% in the past one year. Shares of the Company, which designs, manufactures, and commercializes motion systems for the entertainment and industrial markets globally, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $0.63 is above its 200-day moving average of $0.61. Get free access to your research report on DBO.TO at: http://www.activewallst.com/registration-3/?symbol=DBO.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446054

UGE to Design and Build 500 kW Solar Project for Ontario-based First Nations Community

TORONTO, ON / ACCESSWIRE / September 27, 2016 / UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (“UGE”), a leader in renewable energy solutions for the commercial and industrial sector, today announces it will engineer and build a 500 kW ground-mounted solar project for a First Nations community in Northern Ontario.

The UGE-designed 500 kW solar PV system will use an innovative tracking system, and is expected to produce approximately 877.3 MWh of electricity in its first year of operation.

“Our experience as both developer and advisor uniquely allows us to deploy this ground-mounted solar system,” said Robert van Duynhoven, Managing Director of Business Development at UGE. “We are thrilled to be assisting First Nation communities as they pursue a more sustainable, more secure future through solar energy.”

Over the lifetime of the system, the electricity produced is expected to offset 14,523 metric tons of CO2 emissions, or the equivalent of planting 376,388 trees. UGE is working with consultant Compass Energy Consulting (“Compass”) to develop the project.

“As a company, Compass focuses on helping our clients ‘read between the lines’ in today’s rapidly evolving technology sector,” said Rachelle McCann, consultant at Compass. “After a comprehensive evaluation of proposals, we choose to work with UGE because of their proven track-record of success deploying feed in tariff solar projects in Ontario.”

The value of the contract to build the project is at least $1.6 million CAD, to be recognized throughout the remainder of 2016.

About UGE International

UGE delivers immediate savings to businesses through cleaner electricity. We help commercial and industrial clients become more competitive through the low cost of distributed renewable energy. With over 330 MW of experience globally, we work daily to power a more sustainable world. Visit us at www.ugei.com.

Contact:

Ashley Fallon
Communications Manager

(917) 338-1668
press@ugei.com

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.

Statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management’s current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the completion of the Portfolio, the economy generally, competition in its target markets, the demand for UGE’s products and the availability of funding. These forward-looking statements are made as of the date hereof and UGE does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from UGE’s expectations and projections.

SOURCE: UGE International Ltd.

ReleaseID: 446076

Update: New Science Advisor and Comptroller Appointment to Abattis

VANCOUVER, BC / ACCESSWIRE / September 27, 2016 / Abattis Bioceuticals Corp. (OTCQX: ATTBF) (CSE: ATT) (the “Company” or “Abattis”) is pleased to announce the appointment of Dr. Shuang Xie as its newest Science and Technology Advisor. Dr. Xie graduated from Zhejiang University in 1987 and Queen’s University in 1993. Dr. Xie has been widely published and holds more than 20 patents. She has assisted companies globally in assessing project risk, securing financing, and has undertaken numerous project management mandates. Dr. Xie is a founding partner of privately-held Efilcon Corp., a leading developer and producer of extraction technologies and systems and has assisted a number of manufacturers to carry out project assessment, financing, extraction equipment set up, and extraction plant construction. She is currently appointed as overseas talent for the Chinese government and an expert consultant for Zhejiang University Innovation Research Institute.

“We are delighted that Dr. Xie has joined Abattis. Her contribution to our new strategy is already being felt,” commented acting CEO Rene David. “Dr. Xie’s breadth of experience and depth of knowledge in extraction technologies and systems is truly remarkable. We look forward to working with Dr. Xie.”

The Company also would like to express its deep appreciation for the contributions of outgoing directors Dr. Brazos Minshew and Maryam Shanjani.

Dr. Minshew has been a member of the Board of Directors and served as Abattis’ Chief Science Officer since July, 2014] during which time his efforts resulted in the development of many of its current formulations, including PhytoNOS, which is based on the health properties of nitric oxide. “Brazos has been a great friend and colleague to all of us here at Abattis. We wish him great success in his current endeavours,” remarked fellow director Jim Irving.

Maryam Shanjani served as Controller since March 2015 during which time she contributed immensely to restructuring and recapitalization efforts undertaken by management, enabling the Company to undertake its current growth strategy. “Maryam has been a valuable member of our management team. We appreciated her commitment and valuable contributions during the past year,” added acting CEO Rene David on behalf of the management team.

In her place, Abattis has engaged, Mr. Chris Cherry as its new corporate comptroller. Mr. Cherry has over 14 years of corporate accounting and audit experience. Mr. Cherry has extensive corporate experience and has held senior level positions for several public mining companies including Director, Chief Financial Officer, and Secretary.  Mr. Cherry has been a Chartered Accountant since February 2009 and a Certified General Accountant since 2004.  In his former experience as an auditor, he held positions with KPMG and Davidson and Co. LLP in Vancouver, where he gained experience as an auditor for junior public companies, and an IPO specialist.

We wish to welcome Mr. Cherry to our management team at Abattis during this important juncture of our company’s history. The management of processes and maintaining a cost-effective program while we streamline our core activities will be Mr. Cherry’s prime objectives.

We also wish to announce that we have moved our corporate headquarters to our administrative offices in Langley, BC. This will put our key resources under one roof while we patiently wait for the approvals of the Northern Vine Laboratories Medical Marihuana Testing Lab, which underwent final inspection in the early summer this year. All deficiencies were completed and we hope to see Northern Vine Labs as one of the only approved labs in BC shortly.

About Abattis Bioceuticals Corp.

Abattis is a specialty agricultural technology and biotechnology company which aggregates, integrates, and invests in agricultural technologies and biotechnology services for the legal cannabis industry developing in Canada. The Company has successfully developed and licensed natural health products, medicines, extractions, and ingredients for the biologics, nutraceutical, bioceutical, and cosmetic markets. The Company also is also seeking to acquire exclusive intellectual property rights to agricultural technologies to be employed in extraction and processing of botanical ingredients and compounds. The Company follows strict standard operating protocols, and adheres to the applicable laws of Canada and foreign jurisdictions. For more information, visit the Company’s website at: www.abattis.com.

ON BEHALF OF THE BOARD

“Rene David”
Rene David, Acting CEO

For further information, contact the Company at (604) 336-0881 or at news@abattis.com.

FORWARD LOOKING INFORMATION

This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks various risk factors discussed in the Company’s Management’s Discussion and Analysis under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: Abattis Bioceuticals Corp.

ReleaseID: 446075

Karin Hehenberger, Lyfebulb Founder and CEO, to Host Reddit Science AMA

Ask Dr. Hehenberger Anything on Wednesday September 28th at 5:00pm ET

NEW YORK, NY / ACCESSWIRE / September 27, 2016 / Dr. Karin Hehenberger, founder and CEO of Lyfebulb, a patient empowerment platform for people with chronic disease, will be hosting a live Reddit Science Ask Me Anything (AMA) session on Wednesday, September 28, 2016 at 5:00pm ET.

“I am a Type 1 diabetic patient myself and I have dedicated my life to encouraging patients with chronic illnesses to take charge of their lives and be empowered by their condition. At Lyfebulb, we are building a supportive, online community of individuals affected by illness, whether you are a patient, a friend or relative of a patient,” said Dr. Hehenberger. “Lyfebulb showcases and celebrates individuals and patient entrepreneurs who have utilized their diagnosis as motivation to create businesses aimed at improving the quality of life for others in the chronic disease community. We recently partnered with Novo Nordisk, a global leader in diabetes care, to initiate the ‘Lyfebulb Innovation Award’, which will be given to exceptional patient entrepreneurs who have developed innovative ideas and concepts for better management of diabetes using consumer or medical devices, or healthcare information technology. Please join me on September 28th at 5pm and ask me anything.”

Press Contact for Lyfebulb:

Karin Hehenberger, MD, PhD
CEO Lyfebulb
917-575-0210
karin@lyfebulb.com

Or

Stephanie Prince
Managing Director, PCG Advisory Group
212-762-4518
sprince@pcgadvisory.com

Consumer Press Contact for Lyfebulb:

People’s Revolution – Kelly Cutrone & Simone Francese
62 Grand Street, Third Floor, New York, New York 10013
212-274-0400
simone.francese@peoplesrevolution.com

SOURCE: Lyfebulb

ReleaseID: 446015

Long Island Home Inspection Company is Now Offering a Termite Report at No Cost

Home Inspector Experts Pride Themselves in Providing their Valued Customers with Outstanding Customer Service

HAMPTON BAYS, NY / ACCESSWIRE / September 27, 2016 / The founders of Home Inspector Experts, a Long Island home inspection company, are proud to announce that they are now providing free termite reports as part of their standard home inspection services in their Long Island, NY branch.

To get a free quote, please call the company at (516) 537-9393 or visit their website at https://www.homeinspectorexperts.com/contact-us/.

As a company spokesperson for the Long Island Home Inspections company noted, Home Inspector Experts has offered their customers a free consultation for years, but recently decided to step it up a notch. Because the founders of the company understand how important it is for people to have a termite inspection, they were inspired to add the complimentary termite report to the list of services found on their website, homeinspectorexperts.com/our-services/.

The fact that the Long Island home inspectors are now providing a no-cost termite report will not surprise the many customers who have worked with the company. Since they first opened, Home Inspector Experts has earned a well-deserved reputation for their top-notch home inspection services in Long Island, NY, and they consistently receive great reviews.

“Termite inspections are one of the most important inspections when purchasing a home. It’s so important that most lending institutions require a termite inspection to determine whether there is damage from termites or other wood-destroying pests,” noted the company spokesperson, adding that their termite inspectors are among the most experienced and skilled in the home inspection field.

“The quality of our reports and inspections is unparalleled and we use the latest technology during our termite inspections and provide comprehensive and detailed reports along with photographs of any issues detected.”

Customers who would like to learn more about what the home inspections in Long Island entail when working with Home Inspector Experts can visit the company’s sitemap on the website or their resources section, which includes a Q&A with a home inspector that answers many common questions people have about the entire process.

About Home Inspector Experts:

Home Inspector Experts offers a broad range of home inspection services to help their clients make an informed decision about a house whether they are buying or selling. Clients receive a confidential and comprehensive report detailing their assessments of the structure. All of the company’s home inspection technicians are exceptionally well trained, ethical, and reliable. They are the leading home inspection firm in Suffolk County and Nassau County, Long Island and beyond. For more information, please call (516) 537-9393 or visit https://www.homeinspectorexperts.com/.

Home Inspector Experts

19 School St,

Hampton Bays, NY, 11946

Contact:

Home Inspector Experts

info@homeinspectorexperts.com

(516) 537-9393

SOURCE: Home Inspector Experts

ReleaseID: 446068

Lithium Exploration Group to Announces Results from Second Round of Testing

PHOENIX, AZ / ACCESSWIRE / September 27, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) has received the results from the second round of testing with the SonCav Oil Unit in Houston, Texas. The results came back showing a full elimination of all of the water and a significant reduction of the suspended solids. The feedstock oil was a heavier specific than the original testing, but still showed a 10% increase in the specific gravity for the treated oil base with a 50% increase in the API of the lightest oil at the top of the testing vessel. The next scheduled testing will take place from October 6th through the 11th.

“These results are interesting because they show a very similar increase in the API of the oil, but were performed on a heavier feedstock. We think that we are just scratching the surface of what the SonCav Oil Unit can do, but are very excited about the performance to date,” commented CEO Alex Walsh. “We admittedly have not tested the limits of this unit yet. We have held the temperature down intentionally, but, for the next round of testing, we intend to increase the temperature by 30% to gauge the effect that has on the unit’s productivity.”

About Lithium Exploration Group

Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets. Lithium Exploration Group is a fully reporting company traded on the OTC Markets under the symbol LEXG. Website: www.lithiumexplorationgroup.com.

Safe Harbor Statement

This news release contains “forward-looking statements”. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Info

Shanon Chilson
480-641-4790
info@lithiumexplorationgroup.com

SOURCE: Lithium Exploration Group Inc.

ReleaseID: 446067

Argex Titanium Announces the Completion of the TMX Review

Argex Shares will Continue to be Listed on the Senior Exchange

MONTREAL, QC / ACCESSWIRE / September 27, 2016 / Argex Titanium Inc. (TSX: RGX) (the “Company” or “Argex”) is pleased to announce that the Toronto Stock Exchange has completed the listing review of the Company and has determined that Argex now meets the TSX’s listing requirements. The shares of Argex Titanium will continue to be listed on Canada’s senior exchange.

Mazen Alnaimi, Executive Chairman and CEO of Argex stated, “We would like to thank the TMX Review Committee for their thorough and diligent analysis of Argex. We believe that we are well positioned and that we will not only move forward, but will thrive.”

Mr. Alnaimi continued, “Over the last two months the Argex engineering team has made considerable progress towards the completion of its TiO2 pigment technology. When we got involved with the company there was still a considerable amount of work to be done on the technology. We have an experienced team in place and we are on track to meet our end of the year deadline to perfect the process at its current scale. This will allow us to aggressively move forward on the development of a full commercial scale plant. We have our sights set on a global commercial deployment of the Argex technology and the introduction of a novel, more environmentally friendly process in a TiO2 industry estimated at $15 to $18 billion.”

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high-grade titanium dioxide (TiO2) for use in high-quality paint, plastics, cosmetics and other TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2015, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Contact:

Nicole Blanchard
Corporate Communications and Investor Relations
Argex Titanium
nblanchard@argex.ca

SOURCE: Argex Titanium Inc.

ReleaseID: 446028

Goodwill Industries of the Conemaugh Valley and Penn Foster Partner to Offer High School Diploma Program to Help Locals Find Employment

New Program Offers Youth and Dislocated Workers the Chance to Earn their Accredited High School Diplomas at New Career Center

SCRANTON, PA / ACCESSWIRE / September 27, 2016 / Penn Foster, Inc., a for-purpose organization providing skills development training and credentials for today’s frontline workforce, announced a new partnership with Goodwill Industries of the Conemaugh Valley (GICV), Inc. GICV, which operates the Goodwill Career Center focused on assisting youth, adults, and families to improve their skills and education, has selected Penn Foster to offer participants the opportunity to earn their regionally and nationally accredited high school diploma as part of the Career Center’s suite of employment and career services.

GICV’s Career Center, which is open to the public, is on-site at GICV’s Headquarters on Central Avenue in Johnstown. The Career Center helps individuals overcome barriers to achieve their fullest potential by providing them with guidance and services including job training, career development, education, and mentoring. Through its commitment to better serving the local community, the organization saw a need to offer a high school diploma program so job seekers could qualify for better employment opportunities.

“Our first Penn Foster candidate was a man who was out of school for 25 years, who had worked in a coal mine,” said Ann Torledsky, Vice President of Workforce Development at GICV. “When the coal mine closed, he had a lot of trouble finding a job. Penn Foster’s high school program provided a flexible option, where he could go at his own pace and actually sit and absorb the material. He now has a job with a prestressed and precast concrete manufacturer. If people come in and show to us that they’re dedicated, we enroll them with Penn Foster because this opportunity really gives people a second chance in the workforce.”

The Center has graduated 13 students from Penn Foster High School since beginning the program in January 2016. Students in the program can come in and receive academic support at the Center, and have the option to learn in the computer lab, at home, or on the go through Penn Foster’s mobile-first learning platform. Students also have access to goal-setting and progress tracking tools through Penn Foster’s student portal, for an interactive, personalized learning experience.

“It’s so important for organizations like GICV to offer their local community educational opportunities like this to help skill, upskill, and reskill today’s workforce,” said Dara Warn, Chief Outcomes Officer at Penn Foster. “Not only is GICV helping individuals realize their academic and career goals, but is also helping the local economy by filling jobs. It’s wonderful to be able to partner with another Pennsylvania-based organization dedicated to improving communities through workforce skills training.”

About Goodwill Industries of the Conemaugh Valley (GICV), Inc.

Goodwill Industries of the Conemaugh Valley (GICV), Inc., is an independent nonprofit 501(c)(3) organization whose mission is to empower individuals and families with barriers to employment to achieve their fullest potential in the community through work services. For more information, click here:
http://www.gicv.org/.

About Penn Foster

Students, employers and partner organizations rely on Penn Foster to build the skills and knowledge to power the 21st century workforce. For over 125 years, Penn Foster has been dedicated to helping people lead more meaningful and productive lives and to improving social outcomes through education. Penn Foster provides career pathways for opportunity youth and adult learners through diverse and affordable online diploma, certificate and degree programs, offered via its high school, career school and college. With more than 30,000 graduates each year, Penn Foster’s online and blended learning programs are delivered in a self-paced, competency-based model wrapped by comprehensive academic, professional and personal support and coaching. For more information, visit
http://partners.pennfoster.edu/.

Press Contacts:

Boyle Public Affairs
James A. Boyle
jim@boylepublicaffairs.com

Penn Foster
Bliss Parsons
Bliss.Parsons@pennfoster.edu

SOURCE: Penn Foster Inc.

ReleaseID: 445990