Monthly Archives: February 2017

Vanadium One Energy Announces Closing of Private Placement Financing

TORONTO, ON / ACCESSWIRE / February 27, 2017 / Vanadium One Energy Corp. (TSX-V: VONE) (FSE: 9VR1) (the “Company”), is pleased to announce it has completed a non-brokered private placement financing (the “Financing”) as previously announced on February 1, 2017 and February 22, 2017. Pursuant to the Financing, the Company issued 8,416,666 units (“Units”) of the Company at a price of $0.12 per Unit to raise aggregate proceeds of up to $1,010,000. Each unit consists of one common share in the capital of the Company and one common share purchase warrant. Each full warrant will entitle its holder to purchase one additional common share at an exercise price of $0.25 for a period of 24 months from the closing date of the private placement.

All securities issued in connection with the Financing are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. A portion of the Financing constitutes a “related party transaction” under Multilateral Instrument 61-101 (“MI 61-101”) as officers and directors of the Company participated in the Financing. The Financing is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of securities being issued to insiders nor the consideration being paid by insiders will exceed 25% of the Company’s market capitalization. The Company did not file a material change report 21 days prior to the closing of the Financing as the details of the participation of the related parties of the Company had not been confirmed at that time.

First Republic Capital Corporation (“First Republic”) acted as the lead finder for the Financing. A cash fee was paid to finders representing 8% of the gross proceeds raised in the Financing. Additionally, finders received that number of compensation warrants (“Compensation Warrants”) totaling 8% of the number of Units sold pursuant to the Financing. The Compensation Warrants are exercisable at a price of $0.12 per unit for a period of 24 months after the closing of the Financing. First Republic was paid a corporate finance fee representing 2% of the gross proceeds raised in the Financing and that number of Compensation Warrants equaling 2% of the number of Units sold in the Financing.

About Vanadium One Energy:

Vanadium One Energy is a mineral exploration company located in Burlington, Ontario, Canada. Our mandate is to acquire near-term production exploration mining projects and existing producers which focus specifically on “Energy Minerals” used in the rapidly growing Electro-Voltaic and Battery Storage Technology sector. Vanadium One Energy Corp. is managed by an experienced team of mining professionals with extensive operating and financial experience.

ON BEHALF OF THE BOARD OF DIRECTORS OF VANADIUM ONE ENERGY CORP.

W. John Priestner
President and Chief Executive Officer
info@vanadiumone.com

Cautionary Note Regarding Forward-Looking Statements:

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: Vanadium One Energy Corp.

ReleaseID: 456131

IMPORTANT SHAREHOLDER NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against USANA Health Sciences, Inc., and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / February 27, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE: USNA) concerning possible violations of federal securities laws. Investors, who purchased or otherwise acquired shares between March 14, 2014 and February 7, 2017 inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the April 14, 2017 lead plaintiff motion deadline.

If you purchased shares of USANA 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. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

USANA develops, manufactures, and sells nutritional and personal care products primarily to reduce the risk of chronic degenerative disease.

On February 7, 2017, USANA revealed that it will be starting an internal investigation of its Chinese subsidiary, BabyCare Ltd. (“BabyCare”).

In particular, the Company’s investigation concerns “compliance with the Foreign Corrupt Practices Act,” as well as “BabyCare’s expense reimbursement policies.”

When this information was revealed to the investing public, the value of USANA declined, causing investors serious harm.

If you wish to learn more about this lawsuit, at no 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 some jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 456132

IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against DaVita Inc. and Encourages Investors with Losses Exceeding $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 27, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against DaVita Inc. (“DaVita” or the “Company”) (NYSE: DVA). Investors, who purchased or otherwise acquired shares between August 5, 2015 and October 21, 2016 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 3, 2017 lead plaintiff motion deadline.

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

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

On January 6, 2017, the Wall Street Journal announced DaVita had received subpoenas from federal prosecutors for “the production of information related to charitable premium assistance” concerning the Company’s relationship with the American Kidney Fund, a charity that offers financial help for patients undergoing kidney dialysis. When this information was released to the public, the value of DaVita stock fell, causing investors serious harm.

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: 456133

Kenny Slaught – On Societal Importance of Hoover Dam as America’s Greatest Hydroelectric Generating Project

SANTA BARBARA, CA / ACCESSWIRE / February 27, 2017 / Situated on the border between the states of Arizona and Nevada in the United States, Hoover Dam is an immaculate project designed to give water and hydroelectric energy to a major part of that region, taking advantage of the immense power generated by the Colorado River. California-based real estate expert and thoughtful philanthropist Kenny Slaught acknowledges the impact of the miraculous architectural structure on the communities’ access to water and power resources. Slaught has recently talked about Hoover Dam on his blog at KennySlaught.com, emphasizing that the massive water capacity of the dam had helped transform some of America’s most deserted outposts into fast growing economies.

The landmark structure was built during the American Great Depression period, between 1931 and 1936, costing the government $49 million dollars. The dam was initially named Boulder Dam, but was later transformed into Hoover Dam in honor of the then-President Herbert Hoover, who had made significant contributions to the construction of this prodigious project. With 221 meters in height, 379 meters in length, and more than 35.000 cubic kilometers of total capacity, the colossal structure could generate more than 4,2 billion kWh2 per year.

Inside the wall of the dam, the engines room is appointed with 17 generators that produce all the energy, where 16 of them are large generators while two smaller ones operate as one single generator. These last ones are used to provide hydroelectric energy to surrounding communities. Kenny Slaught notes that the energy generated from the dam is allocated across 15 areas. Among the biggest energy consumers, Southern California takes up to 28% of Hoover Dam’s energy, followed by the State of Nevada with 23% and the State of Arizona with 18% of consumption volume. The dam also provides energy to Native American tribes located in the area. Additionally, 90% Las Vegas’ water comes from Hoover Dam. The lake formed in the dam is called Lake Mead. At its maximum water volume level, it could be the largest water reservoir in the United States. Currently, the Hoover Dam is managed by the United States Bureau of Reclamation and it is considered one of the most breathtaking must-go places to visit in the country.

Founder of Investec Real Estate Companies, Kenny Slaught has been in the industry for more than four decades. A dedicated investment strategist, he manages more than 3 million square feet of property throughout California. With total transactions valued above $1.2 billion, Investec has grown to become one of Santa Barbara’s leading real estate firms. An avid philanthropist, Mr. Slaught is involved with many non-profit and community organizations, including Hospice of Santa Barbara, the Music Academy of the West. Contributing to the benefit of youth in the area, he dedicates considerable time to these and other worthy causes.

Kenny Slaught – Founder & President of Investec Real Estate Companies: http://kennyslaughtnews.com

Kenny Slaught – Facebook: https://www.facebook.com/KennethSlaught

Kenneth Slaught of Investec – Santa Barbara, CA: http://kennethslaught.net

Contact Information:

KennySlaughtNews.com
www.kennyslaughtnews.com
Kenny@kennyslaughtnews.com

SOURCE: Kenneth Slaught

ReleaseID: 456124

Finally! Essential-Oil Infused Spices bring Big Benefits, Big Flavor to Your Kitchen

OREM, UT / ACCESSWIRE / February 27, 2017 / Omaha Prime Spice blend infused with Italian Lemon essential oil…sounds delicious, right? Until now, if you wanted to sample the flavors of essential oils in cuisine, you needed to have a reservation at a fine restaurant in a major city. Although there are thousands of products that help consumers harness the power of essential oils in external applications – from lotions to diffusers – there hasn’t been a single spice product that makes it easy for home chefs to use essential oils. Enter Naterre Infused Spices, the latest delicious product from the trusted brand of Spark Naturals.

Flavorful, packed with health and highly sought-after, essential oils are far more than a fad: the power of essential oils have been touted by savvy chefs and alternative healers for centuries. Naterre’s gourmet blends, ranging from Omaha Prime to All Purpose to Mexican, give home chefs the way to reap the health benefits of essential oils and serve dishes that come with a hefty serving of aroma and taste. As Spark Naturals CEO, Kimble Smith, stated, “Naterre bridges the gap between flavor and wellness. Now, it’s easy for essential oils to coincide with everyday food prep.”

Naterre Infused Spices solve a problem for home chefs. Using essential oils in food preparation isn’t as easy as buying a bottle of a favorite scent at the store: care must be taken to ensure the right grade of essential oils is being used. No worries with Naterre: the spices exclusively use GRAS essential oils that are approved for internal use, following US pharmacopeia guidelines. Further, every Spark / Naterre product is tested and validated for purity with GC/MS testing.

Bottom line? Home chefs who choose Naterre spices can focus on the flavor and health benefits – and that’s it. The essential oil infused spices in the Naterre line fulfill the Spark Naturals commitment to creating innovative, high-caliber natural wellness products that improve overall quality of life. For anyone who’s ever wondered, “Can I add an essential oil to this?” – Naterre has the answer. Find your new favorite spice blend and all of the Spark Natural products over at www.sparknaturals.com.

About Spark Naturals

Spark Naturals was founded to help people bring balance to their lives through the use of essential oil extracts and other high quality health related products.

http://www.sparknaturals.com

Contact:

Luci Bustos
385-203-8198
Lucib@sparknaturals.com

SOURCE: Spark Naturals

ReleaseID: 456123

Crexendo Receives 2016 TMC Labs Innovation Award from CUSTOMER Magazine

Crexendo Ride the CloudTM Call Center Solutions Honored for Innovation and Leadership Improving the Customer Experience

PHOENIX, AZ / ACCESSWIRE / February 27, 2017 / Crexendo, Inc. (CXDO) is a CLEC hosted services company that provides award winning hosted telecommunications services, broadband internet services, and other hosted business services. Our solutions are designed to allow enterprise-class SaaS telecom services available to any size business at affordable monthly rates. Crexendo reported today that its Crexendo® cloud business phone call center solutions has received 2016 TMC Labs Innovation Award winner presented by TMC’s CUSTOMER magazine.

Steven G. Mihaylo, Chief Executive Officer, commented, “We are very proud to receive this prestigious award. This award confirms the value of our integrated approach where our engineering team works directly with our sales team and customers to design top of the line solutions. Our call center solution was developed to provide enterprise customers with the service they need to compete in today’s competitive market. Our number one priority is to make sure our customers can improve the efficiency of their business and get world class service and solutions. The Crexendo patented Ride the CloudTM technology will provide industry leading solutions, while at the same time saving our customers substantial amounts of money.”

“Congratulations to Crexendo for being granted a 2016 CUSTOMER Magazine TMC Labs Innovation Award. The Crexendo Ride the CloudTM call center solution has been selected fordemonstrating innovation, superior quality and unique features which have had a positive impact on customer-related technologies,” said Rich Tehrani, CEO, TMC. “We’re pleased to recognize this outstanding achievement with a TMC Labs Innovation Award.”

TMC Labs Innovation Awards honor products that display innovation, unique features, and significant contributions toward improving communications technology. The TMC Labs Innovation Award is granted to those companies demonstrating ground-breaking contributions to the industry.

About Crexendo

Crexendo® is a CLEC hosted services company that provides award winning hosted telecommunications services, broadband internet services, and other hosted business services. Our solutions are designed to allow enterprise-class SaaS telecom services available to any size business at affordable monthly rates.

About CUSTOMER

Since its launch in 1982 as Telemarketing Magazine, CUSTOMER magazine has been the voice of the customer experience, call/contact center, CRM, and teleservices industries. CUSTOMER has helped the industry germinate, grow, mature, and prosper, and has served as the leading publication in helping these industries that have had such a positive impact on the world economy to continue to thrive. Through a combination of outstanding and cutting-edge original editorial, industry voices, in-depth lab reviews, and the recognition of the innovative leaders in management and technology through our highly valued awards, CUSTOMER strives to continue to be the publication that holds the quality bar high for the industry. Please visit http://www.customer.tmcnet.com.

About TMC

Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. This presents branding, thought leadership, and lead generation opportunities for vendors/sellers.

Contact:

Crexendo, Inc.
Steven G. Mihaylo, CEO
602-345-7777
smihaylo@crexendo.com

SOURCE: Crexendo, Inc.

ReleaseID: 456121

Metalo Manufacturing Inc. files December 31, 2016 Q2 Financial Statements and Management Discussion and Analysis on SEDAR

HALIFAX, NOVA SCOTIA / ACCESSWIRE / February 27, 2017 / Metalo Manufacturing Inc. (CNSX: MMI) announced today that it has filed its second quarter unaudited consolidated financial statements and management discussion and analysis for the quarter ended December 31, 2016.

Additional information is available under the Corporation’s profile on SEDAR at www.sedar.com and on its website at www.metalo.ca.

ABOUT METALO MANUFACTURING INC. (CSE: MMI)

Metalo’s principal focus is an investment in the development and construction of a pig iron manufacturing plant to produce high purity pig iron for steel mills and foundries. MMI is a 44% shareholder of Grand River Ironsands Incorporated (“GRI”). GRI owns a 60% interest in North Atlantic Iron Corporation (“NAIC”). NAIC’s business emphasis is to build the plant for the manufacturing of pig iron. NAIC also owns mining rights for a resource in Happy Valley-Goose Bay, Newfoundland and Labrador. Additionally, Forks Specialty Metals Inc. (“FSM”) is a wholly- owned subsidiary of GRI and it owns and operates three smelting furnaces in Pennsylvania, USA. FSM is currently used as a testing facility for iron smelting. The Corporation has 17,417,640 issued and outstanding common shares.

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

The Corporation seeks Safe Harbour.
For additional information contact:
Liz MacKenzie, Corporate Communications
(902) 233-7255
info@metalo.ca

(NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION VIA U.S. NEWSWIRE)

SOURCE: Metalo Manufacturing Inc.

ReleaseID: 456122

EC Lending, LLC Announces Credit Card Consolidation Services

ESCONDIDO, CA / ACCESSWIRE / February 27, 2017 / EC Lending, of San Diego, California, has begun offering their clients the ability to consolidate their credit card debt at lower rates. The lender, which was founded in 2014, has become a major player in the Californian financial industry. The company’s initial goal was to be an automotive finance specialist, but things quickly changed once their experience in finance grew. Rumors that EC Lending would be delving into debt consolidation have been circling the region for a matter of months now. Recent announcements are simply putting pen to paper on the initiative.

The company released a statement saying, “Many individual’s in modern America have extremely high credit card balances that seem almost impossible to pay off. A lot of this is no fault of their own; they have fallen victim to a time that has seen America’s economy face major setbacks and have responded to these set backs by attempting to maintain normalcy in their lives. We’re looking to restore that normalcy. With EC Lending, you are able to refinance your current credit card debt to significantly lower rates. In addition, you can pay this debt off in fixed terms in order to create a proper timeline for when your debt will be eliminated.”

The debt consolidation company has seen extreme growth in the past few years since the rising credit crises. The levels of interest rates that consumers often pay on their credit card debt make repaying completely un-affordable. Firms such as EC Lending have found unique ways to target low risk borrowers and offer them extremely reduced rates in exchange for paying off their debt immediately. Many consumers have begun to turn to this option, as it allows them to even their balance sheet out once and for all.

Shortly after the announcement, a company spokesperson stated, “This is a new service line that our business is extremely proud to be offering. We will be aiding individuals in recreating the lifestyles that they deserve, at costs that they can afford.”

CONTACT:

Contact@eclendingllc.com

SOURCE: EC Lending, LLC

ReleaseID: 456120

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Global Eagle Entertainment Inc., and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / February 27, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Global Eagle Entertainment Inc. (“Global Eagle” or the “Company”) (NASDAQ: ENT). Investors, who purchased or otherwise acquired Global Eagle shares between November 9, 2016, and February 20, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 24, 2017 lead plaintiff deadline.

If you purchased shares of Global Eagle 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. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

On February 21, 2017, Global Eagle revealed that its CEO, Dave Davis, and CFO, Tom Severson, had both left Global Eagle. The Company also noted that it cannot file its 2016 annual report on time, and will withdraw its guidance for its 2016 financial performance.

When this news was revealed to the investing public, the value of Global Eagle fell, causing investors harm.

If you wish to learn more about this lawsuit, at no 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 some jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 456119

Discovery Harbour Enters Extension to the Agreement to Purchase 100% Ownership of Two Nevada Gold Projects

VANCOUVER, BC / ACCESSWIRE / February 27, 2017 / Discovery Harbour Resources Corp. (TSX-V: DHR) (“DHR” or the “Company”) is pleased to announce that it has reached an agreement with Genesis Gold Corporation (“GGC”) to extend the term of the Exploration License and Option To Purchase Agreement (the “Agreement or Option”) to acquire a 100% interest in two gold projects in the State of Nevada, USA (the “Projects / Project or Properties / Property”).

As was set forth in the original Agreement, DHR was allowed ninety days from November 18, 2016, during which it was to raise capital for exploration of the Caldera and Jersey Valley gold projects. The ninety day anniversary of the signing (February 18, 2017) also required the Company to pay the second Advance Royalty payment of US$15,000.00. On February 17, 2017, the Company entered a three month extension Agreement with GGC for the purpose of funding these projects and to extend the date of the second royalty payment to May 18, 2017. The remaining terms of the original Exploration License and Option To Purchase Agreement, announced in a press release dated November 23, 2016 and may be viewed on SEDAR at: http://www.sedar.com/, remain unchanged.

DHR continues to search for available funding sources and the scope of DHR’s 2017 exploration program are subject to the Company’s ability to raise additional capital.

Michael J. Senn, a licensed professional geologist, is the Qualified Person for DHR as described in National Instrument 43-101 and has reviewed and approved the technical contents of this release.

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

F. D. Hegner
President

Contact:

Michael J. Senn
Director
Email: mike@discoveryharbour.com

Disclaimer for Forward-Looking Information

Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the grant and exercise of the option to acquire a 100% interest in the property, the timing and payment of the option payments, the Company’s plans and timing for exploration of the property and testing of samples collected during the proposed exploration program on the property, the approval of the option by the TSX Venture Exchange, and other activities the Company may see appropriate to advance the exploration on its projects. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the TSX Venture Exchange may not approve the grant and/or exercise of the option, the Company may not have the funds necessary to make its option payments pursuant to the Agreement, the proposed exploration program on the property may not be completed as and when expected or at all, such other risks as are customarily associated with mineral exploration activities, and such other factors beyond the control of the Company. Except as required by law, the Company expressly disclaims any obligation, and does not intend, to update any forward-looking statements or forward-looking information in this news release.

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.

NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER THE UNITED STATES NEWSWIRE SERVICES

SOURCE: Discovery Harbour Resources Corp.

ReleaseID: 456117