VANCOUVER, BC / ACCESSWIRE / October 27, 2016 / Opawica Explorations Inc. (TSXV: OPW) (the “Company” / “Opawica”) is pleased to announce that it has initiated mobilization of a drill program on its 100% owned Bazooka property near Rouyn-Noranda, Quebec.

Opawica owns and/or has an option to acquire a 100% interest in property holdings for approximately seven km of strike length on the prolific Cadillac Larder Lake Break (“CLLB”). The Company’s 100% owned Bazooka property is contiguous to the western boundary of Yorbeau Resources Inc.’s (“Yorbeau”) Rouyn property situated nine km southwest of Rouyn Noranda, Quebec. The gold mineralization on the Company’s Bazooka property, where past drilling has intersected world class gold intercepts, appears to be the extension of the mineralized zones and gold resources known to exist on the western end on the Yorbeau Rouyn property.

The Yorbeau property has been optioned by Kinross Gold Corporation (“Kinross”), whereby Kinross has the option to acquire a 100% interest in Yorbeau’s Rouyn property for consideration that includes exploration expenditures of C$12 million; cash payments of USD $25,000,000, plus 2% of the prevailing gold price multiplied by the number of ounces of gold in measured, indicated and inferred resources identified in a resource estimate, to be completed; as well as an equity participation in Yorbeau (see Yorbeau press release dated October 25, 2016).

Opawica is mobilizing a drill program that is designed to test the fold nose feature, or cross fault, of the CLLB situated on the eastern portion of the Company’s Bazooka property. Two holes of up to 500 metres each will be drilled perpendicular to the apparent north-south orientation of much of the quartz veining within this part of the CLLB. This drilling will commence by mid-November, 2016.

In addition, Opawica plans to drill up to a 1,500 metre hole that will test the stratigraphic horizon at this location on the Bazooka property to a vertical depth of approximately 1,000 metres.

The Bazooka property and adjacent Yorbeau property lie in the Rouyn-Beauchastel segment of the CLLB and is thought to represent the eastern extension of the Kerr-Addison Mine horizon. The Kerr Addison Mine, located approximately 50 km west of the Bazooka property, produced about eleven million ounces of gold during its 58-year production life along 1,000 metre strike length and to a depth of about 1,400 metres. At the Kerr Addison Mine, gold mineralization is found in sediments and in altered volcanic rocks associated with syenite intrusion within an alteration zone that is associated to the CLLB. Two types of mineralization were characteristic of the Kerr-Addison deposit. One being green carbonate ore and flow ore. These ore types and related sulphide content is found below 150 metres, with continuity and gold grades improving to depths of approximately 1,200 metres. The current Opawica program will test this deeper geological setting and gold target at Bazooka.

Significant gold mineralization has been established on the Bazooka property from near surface to approximately 250 metres vertical depth from past drilling by previous owners such as Siscoe (1944) interval of 5.79 metres of 77.18 g/t Au (true width unknown); with more recent drill intercepts ranging from narrow and intermittent anomalous gold values up to Soquem (1981) interval of 7.50 metres of 25.77 g/t Au; Lake Shore Gold Corp. (2003) intercept of 1.25 metres of 94.11 g/t Au; and RT Minerals Corp. values of up to 17 metres of core length at 7.86 g/t Au, including 7.20 metres interval of 16.77 g/t Au (RT Minerals Corp. June 21, 2011 press release). These recent intervals are estimated at approximately 85% to 93% true widths. This gold mineralization is known to exist within 50 metres on strike to the gold mineralization on the Yorbeau property and for a current strike length on Opawica’s Bazooka property for approximately one kilometre.

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:

Fred Kiernicki
President and Chief Executive Officer
Opawica Explorations Inc.
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 or 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: Opawica Explorations Inc.

ReleaseID: 447846

Conference Call Scheduled for Wednesday, November 9, 2016 at 9:00 am Eastern Time

ANN ARBOR, MI / ACCESSWIRE / October 27, 2016 / Arotech Corporation (NasdaqGM: ARTX) a provider of quality defense and security products for the military, law enforcement and homeland security markets, announced that it will release results for the quarter ended September 30, 2016, on Tuesday, November 8, 2016 after the market close.

Steven Esses, President and Chief Executive Officer and Tom Paup, Chief Financial Officer, will host a conference call on Wednesday, November 9, 2016 at 9:00 am Eastern Time, to review the company’s financial results and business outlook.

To participate, please call one of the following telephone numbers. Please dial in at least 10 minutes before the start of the call:

US: 1-800-862-7084
International: + 1-785-424-1181
Conference ID: AROTECH

The conference call will also be broadcast live as a listen-only webcast on the investor relations section of Arotech’s website at http://www.arotech.com/.

The online webcast will be archived on Arotech’s website for at least 90 days and a telephonic playback of the conference call will also be available by calling 1-877-481-4010 within the U.S. and 1-919-882-2331 internationally. The telephonic playback will be available beginning at 12:00 pm Eastern time on Wednesday, November 9, 2016, and continue through 11:59 pm Eastern time on November 15, 2016. The replay passcode is 10510.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets, including multimedia interactive simulators/trainers and advanced zinc-air and lithium batteries and chargers. Arotech operates two major business divisions: Training and Simulation, and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan, and research, development and production subsidiaries in Michigan, South Carolina, and Israel. For more information on Arotech, please visit Arotech’s website at www.arotech.com.

Investor Relations Contacts:

Andrea Herman
+1-516-874-0597
andrea.h@arotech.com

SOURCE: Arotech Corporation

ReleaseID: 447833

NEW YORK, NY / ACCESSWIRE / October 27, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of ReWalk Robotics Ltd. (“ReWalk”) (NASDAQGM: RWLK) pursuant to the Company’s initial public offering (“IPO”) on or around September 12, 2014.

You are hereby notified that a securities class action lawsuit has been commenced in the Superior Court of the State of California, County of San Mateo. If you purchased or otherwise acquired ReWalk securities pursuant to the initial public offering your rights may be affected by this action. To get more information go to:

http://zlk.9nl.com/rewalk-robotics-rwlk

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that while the Registration Statement filed pursuant to the IPO stated that the U.S. Food and Drug Administration had classified ReWalk as subject to special controls, including compliance with medical device consensus standards, performance of a postmarket surveillance clinical study demonstrating a reasonable assurance of safety and effectiveness in urban terrain, and a training program, among other things, the Company failed to disclose that it was unable to comply with the special controls. ReWalk also omitted that it had received a Warning Letter from the FDA in September of 2015, in which the FDA outlined ReWalk’s failures to propose and commence an adequate postmarket surveillance plan. On May 10, 2016, ReWalk revealed that at the time of the IPO, the company had been unable to comply with the FDA’s special controls due to inadequate staffing.

If you suffered a loss in ReWalk and would like to obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/rewalk-robotics-rwlk.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 447843

LOS ANGELES, CA / ACCESSWIRE / October 27, 2016 / Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Neos Therapeutics, Inc. (“Neos” or the “Company”) (Nasdaq: NEOS) concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.

The investigation focuses on the Company’s August 11, 2016 announcement of its financial results for the second quarter of 2016, reporting that Neos missed its earnings expectations by $0.49 per share. When this news was announced, the Neos stock price fell.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 447840

VANCOUVER, BC / ACCESSWIRE / October 27, 2016 / Silver One Resources Inc. (TSXV: SVE) (FSE: BRK1) (OTC Pink: SLVRF) (“Silver One” or the “Company), is commencing exploration on its wholly owned La Frazada and Peñasco Quemado silver properties in Mexico. Initial work will include geological and geochemical surveys designed to best select drilling targets, with drilling expected to start in 2017.

The Company proposes to conduct two exploration programs. At La Frazada the program will include permitting, geological mapping, trenching, soil sampling, underground sampling, metallurgical testing and Community outreach. At Peñasco Quemado the proposed work will entail permitting, soil sampling, geological mapping, trenching and Community outreach. Exploration is targeted to commence on or about November 15, 2016.

Greg Crowe, President and CEO, comments: “Both La Frazada and Penasco Quemado are past-producing silver rich mines that have never been tested for their full mining potential. These initial surface and near-surface proposed exploration programs will aid us in garnering a better understanding of the controls on and distribution of silver mineralization. This will allow us to better delineate drill targets designed to evaluate the potential of these silver rich systems.”

La Frazada

Work on La Frazada will consist of geological and geochemical testing of the along-strike projections of the two known veins. This may include some trenching and underground sampling. A NI 43-101 Technical Report prepared for Silvermex Resources Ltd. (“Silvermex”) outlined a historical measured resource comprised of 2.54 million ounces, averaging 260 g/t silver, a historical indicated resource comprised of 2.16 million ounces, averaging 241 g/t silver, and a historical inferred resource comprised of 3.86 million ounces of silver, averaging 225 g/t silver. The veins also contain significant lead, zinc and copper contents (see the Table below, as reported in the Company’s news release of September 27, 2016).

Resource Category
(Underground)
Mineral Type
Tonnes
(Mt)
Ag
(g/t)
Au
(g/t)
Pb
(%)
Zn
(%)
Ag
(Moz)
Au
(oz)
Pb
(Mlb)
Zn
(Mlb)
Cu
(Mlb)
Measured
Sulphides
0.30
260
0.20
0.88
2.36
2.54
1,900
5.86
15.78
0.63
Indicated
Sulphides
0.28
241
0.14
0.86
2.52
2.16
1,300
5.30
15.50
0.55
Total M+ I
Sulphides
0.58
251
0.17
0.87
2.44
4.70
3,200
11.16
31.28
1.18
Inferred
Sulphides
0.53
225
0.17
0.92
2.62
3.86
3,100
10.86
30.77
1.05

Silvermex Resources Limited reported in a technical report titled “Technical Report and Preliminary Resource Estimate for the La Frazada Silver Property, El Zopilote Mining District, Nayarit, Mexico) dated November 24, 2008 (amended January 19, 2009) (filed on SEDAR on February 18, 2009), prepared by William J. Lewis, the above historical mineral resource estimate. The historical mineral resource estimate used “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” ,which are categories set out in NI 43-101. Accordingly, the Company considers these historical estimates reliable as well as relevant as it represents a target for exploration by the Company. The database for the historical resource estimate consisted of 729 samples; 233 belonging to the La Jabalina West vein, 384 to the La Frazada vein and 112 samples corresponding to the La Jabalina East-Tiro Real vein. The mineral resource estimate used a block model method with a cut-off grade of 80 g/t Ag, 0.75% Pb and 1% Zn. The qualified person has not done sufficient work to classify the historical estimate as a current mineral resource, therefore the Company is treating these historical estimates as relevant, but not current mineral resources.

Mineralization in quartz veins and associated structures at La Frazada has been traced over a strike length of 2.5-3 km and over a vertical extent in excess of 500 m. The La Jabalina East and La Frazada veins host silver – lead – zinc mineralization in underground workings. The bulk of the known historic resource on the La Frazada property is contained within these two eastern most areas. Approximately 2-2.5 km to the west, the lower most workings are exposed along road cuts and in underground adits and drifts in the La Jabalina West Vein.

Although the property was mined since pre-Colonial times, mining was curtailed in the 1910 Mexican Revolution and did not recommence until the 1980’s. In 1985, the Mexican company, Compania Minera Nival, constructed a 280 tonne per day mill and developed underground workings allowing access to the Jabalina vein over a strike length of 900+ m and over a vertical distance of 350 m on 6 levels. In 1990/91, Zinc Corporation of America purchased a 25% interest in La Frazada and expanded the mill. Zinc concentrates were shipped to the company’s smelter in Bartlesville, Oklahoma. The mine was shut down in 1997 due to low metal prices, but most underground workings remain accessible and in good condition.

Silvermex acquired the property in 2008 and completed an extensive underground rehabilitation and sampling program. Silvermex’s work focused primarily on the previously known mineralized vein systems. Silvermex’s assets were acquired by First Majestic Minerals in 2012 and La Frazada was vended into First Mining Finance in 2015.

Peñasco Quemado

Small scale mining was conducted through a series of pits and shafts up to the Mexican Revolution of 1910. Recorded exploration was not documented again until the 1960’s, when Asarco acquired the rights to the property and completed drilling programs. In the 1970’s, small scale mining was conducted by Sr. Adalberto Ballesteros. Approximately 10,000 tonnes averaging 225 g/t silver were reportedly mined from a small open pit, with the manganese oxide material being shipped to the Phelps Dodge smelter in Douglas, Arizona. In the 1980’s, Cerro de Plata acquired the property and drilled 800 m in 13 holes, reporting silver intercepts and outlining a shallow, westerly dipping body of mineralization.

Silvermex acquired the ground in 2005 and completed 1,450 m of drilling in 15 reverse circulation holes. They confirmed the nature of the mineralization outlined previously by Cerro de Plata and in 2006 completed an additional 2,250 m of drilling in 7 reverse circulation and 12 diamond drill holes. Significant mineralization was encountered over a strike length of 300 m and the area of known mineralization was extended to over 750 m. Silvermex completed a NI 43-101 Technical report outlining the current historical resource estimate as set forth below.

Resource Category
(Underground)
Mineral Type
Tonnes 
(Mt)
Ag 
(g/t)
Ag 
(Moz)
Measured
Oxides
0.12
152
0.60
Indicated
Oxides
2.44
115
9.03
Total M + I
Oxides
2.57
117
9.63
Inferred
Oxides
0.10
41
0.13

Silvermex Resources Limited reported in a technical report titled “Updated NI 43-101 Technical Report and Resource Estimate for the Penasco Quemado Silver Property” dated March 9, 2007 (filed on SEDAR on March 16, 2007), prepared by William J. Lewis and James A. McCrea, the above historical mineral resource estimate. The historical mineral resource estimate used “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource”, which are categories set out in NI 43-101. Accordingly, the Company considers these historical estimates reliable as well as relevant as it represents a target for exploration work by the Company. The database for the historical resource estimate consisted of 24 reverse circulation holes from a 1981/82 program, 17 reverse circulation holes from a 2006 program and 8 diamond drill holes from a 2006 drill program. Assay data was available for all 49 of the drill holes and 12 trenches. The mineral resource estimate used a kriging estimation method to establish ore zones with a cut-off grade of 30 g/t Ag and assay’s capped at 700 g/t Ag. Resource blocks were estimated by ordinary kriging with samples within a search radius of 25 meters classified as a measured mineral resource, within 47 meters classified as an indicated mineral resource and within 70 meters classified as an inferred mineral resource. As required by NI 43-101, CIM definitions (August, 2004) were used to classify mineral resources with the classification of each kriged ore block dependent upon the number of penetrating holes. An in-situ block density of 2.50 t/cu meter was assigned the ore blocks. The qualified person has not done sufficient work to classify the historical estimate as a current mineral resource, therefore the Company is treating these historical estimates as relevant, but not current mineral resources.

Qualified Person

The technical content of this news release has been reviewed and approved by Greg Crowe, P.Geo, President and CEO of Silver One, and a Qualified Person as defined by National Instrument 43-101.

For more information, please contact:

Silver One Resources Inc.
Greg Crowe, President and CEO
Phone: (604) 974-5274
Email: info@silverone.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Silver One’s control. Such factors include, among other things: risks and uncertainties relating to Silver One’s limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.

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: Silver One Resources Inc.

ReleaseID: 447839

IRVINE, CA / ACCESSWIRE / October 27, 2016 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against Polaris Industries Inc. (“Polaris” or the “Company”) (NYSE: PII). Investors who purchased or otherwise acquired shares between February 20, 2015 and September 11, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the November 15, 2016 lead plaintiff motion deadline.

If you purchased Polaris shares during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via 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.

The complaint alleges that during the Class Period, Polaris made false and/or misleading statements and/or failed to disclose that: the Company was unable to sufficiently validate the initially identified repair for certain of its recalled RZR vehicles; that Polaris would ultimately need to implement a more complex and expensive repair solution; that the financial impact of RZR vehicle recalls was greater than the Company had disclosed to investors; that Polaris overstated its full-year 2016 guidance; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On September 12, 2016, Polaris lowered its earnings guidance range for the full year 2016. The lower guidance is related to the impact of the Company’s stop-ride/stop-sale advisory on July 25, 2016 pending a formal recall for the MY2016 RZR Turbo off-road vehicles due to potential fire hazard. When this news was announced to the public, the stock price of Polaris fell, thus causing investors harm.

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

This press release may constitute Attorney Advertising in certain jurisdictions.

Contacts

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

SOURCE: Khang & Khang LLP

ReleaseID: 447837

LOS ANGELES, CA / ACCESSWIRE / October 27, 2016 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Seres Therapeutics, Inc. (“Seres Therapeutics” or the “Company”) (Nasdaq: MCRB) concerning possible violations of federal securities laws between June 25, 2015 and July 29, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm in advance of the November 28, 2016 lead plaintiff motion deadline.

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

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The complaint alleges that during the Class Period, Seres Therapeutics made materially false and misleading statements and/or failed to disclose material facts about its lead drug product candidate SER-109, touting its potential and efficacy. On July 29, 2016, the Company announced that the Phase 2 clinical trial of SER-109 did not meet its primary endpoint. When this information was disclosed to the public, the stock price of Seres Therapeutics declined, which caused investors harm.

Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 447838