Monthly Archives: November 2018

Galway Metals Inc. Announces Non-Brokered Private Placement

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

TORONTO, ON / ACCESSWIRE / November 30, 2018 / Galway Metals Inc. (TSX-V: GWM) (the ”Company”) is pleased to announce a proposed non-brokered private placement financing for gross proceeds of up to $3,000,000 comprised of Quebec flow-through shares (”QC
FT Shares”), flow-through shares (”FT
Shares”), and hard-dollar common shares (”HD Shares”), subject to regulatory approval and closing.

Each QC FT Share will be sold for $0.23, each FT Share will be sold for $0.20, and each HD Share will be sold for $0.17. The securities issued pursuant to the offering will be subject to a hold period of four months and one day after closing.

Proceeds of the private placement will be used for exploration on the Company’s Clarence Stream gold property located in south-western New Brunswick, the Estrades polymetallic property located in the northern Abitibi of western Quebec and for working capital purposes.

The gross proceeds received by the Company from the sale of the FT Shares and QC FT Shares will be used to incur Canadian Exploration Expenses (”CEE”) that are ”flow-through” mining expenditures (as such terms are defined in the Income Tax Act (Canada) and in the case of QC FT Shares, the Taxation Act (Quebec)) on the Company’s properties in Québec. Such gross proceeds will be renounced to the subscribers with an effective date no later than December 31, 2020, in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of FT Shares or QC FT Shares, as applicable.

For further information, please contact:

Galway Metals Inc.
Robert Hinchcliffe
1-800-771-0680
www.galwaymetalsinc.com

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy of this news
release. No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.

This
news release contains forward-looking information, which is not comprised of
historical facts. Forward-looking information involves risks, uncertainties and
other factors that could cause actual events, results, performance, prospects
and opportunities to differ materially from those expressed or implied by such
forward-looking information. Forward-looking information in this news release
includes statements made herein with respect to, among other things, the Company’s
objectives, goals or future plans, potential corporate and/or property
acquisitions, exploration results, potential mineralization, exploration and
mine development plans, timing of the commencement of operations, and estimates
of market conditions. Factors that could cause actual results to differ
materially from such forward-looking information include, but are not limited
to, exploration results being less favourable than anticipated, capital and
operating costs varying significantly from estimates, delays in obtaining or
failures to obtain required governmental, environmental or other project
approvals, political risks, uncertainties relating to the availability and
costs of financing needed in the future, changes in equity markets, inflation,
changes in exchange rates, fluctuations in commodity prices, delays in the
development of projects, risks associated with the defence of legal proceedings
and other risks involved in the mineral exploration and development industry,
as well as those risks set out in the Company’s public disclosure documents
filed on SEDAR. Although the Company believes that management’s assumptions
used to develop the forward-looking information in this news release are
reasonable, including that, among other things, the Company will be able to
identify and execute on opportunities to acquire mineral properties,
exploration results will be consistent with management’s expectations,
financing will be available to the Company on favourable terms when required,
commodity prices and foreign exchange rates will remain relatively stable, and
the Company will be successful in the outcome of legal proceedings, undue
reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking information
contained herein, whether as a result of new information, future events or
otherwise, except as required by applicable securities laws.

SOURCE: Galway Metals Inc.

ReleaseID: 529503

Erin Ventures to Issue Common Shares in Satisfaction of Interest Payment to Convertible Debenture Holders

VICTORIA, BC / ACCESSWIRE / November 30, 2018 / Erin Ventures Inc. (“Erin”) [TSXV: EV] announces that pursuant to the 12% interest bearing convertible debentures issued on April 10, 2015, July 14, 2015, November 3, 2015 and November 2, 2016 by way of private placement, for an aggregate principal amount of $1,967,700, (collectively, the “Debentures”), and pursuant to the amendment to the outstanding Debentures announced on May 28, 2018, Erin will issue a total of 228,635 common shares, priced according to the terms of the Debentures, at an amount equal to $0.14 per common share in satisfaction of the aggregate interest payments owed by Erin of $32,007.44 to the outstanding Debenture holders.

The common shares issued will be subject to a four month hold period. The proposed shares for debt settlement is subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors,
Blake Fallis, General Manager

About Erin Ventures

Erin Ventures Inc. is an international mineral exploration and development company with boron assets in Serbia and gold assets in North America. Headquartered in Victoria, B.C., Canada, Erin’s shares are traded on the TSX Venture Exchange under the symbol “EV”. For detailed information please see Erin’s website at www.erinventures.com or the Company’s filed documents at www.sedar.com.

For further information, please contact:

Erin’s Public Quotations:

Erin Ventures Inc.

Canada

Blake Fallis, General Manager

TSX Venture: EV

Phone: 1-250- 384-1999 or 1-888-289-3746

USA

www.erinventures.com

SEC 12G3-2(B) #82-4432

645 Fort Street, Suite 203

OTCBB: ERVFF

Victoria BC V8W1G2

Europe

Canada

Berlin Stock Exchange: EKV

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

Forward Looking Statements:

This press release may contain or refer to forward-looking information under Canadian securities legislation, including statements regarding the timing of future mineral resource estimates and the PEA, estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and future production and is based on current expectations that involve a number of business risks and uncertainties. The words “believe,” “expect,” “feel,” “plan,” “anticipate,” “project,” “could,” “should” and other similar expressions generally identify forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, as well as those factors discussed in the section entitled “Risks of the Business” in the Company’s most recent regulatory filings which are posted on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities law. These and other factors made in public disclosures and filings by the Company should be considered carefully.

SOURCE: Erin Ventures Inc.

ReleaseID: 529502

Win $30,000 Toward a New Vehicle with Customers Bank’s Ascent Money Market Savings Account in December

Holiday sweepstakes will award one lucky winner with $30,000 toward the purchase of a new vehicle of their choice

WYOMISSING, PA / ACCESSWIRE / November 30, 2018 / Just in time for the holidays, Customers Bank – a leading super-community bank with operations in Pennsylvania, D.C., Illinois, New Jersey, New York and New England – announced today a December sweepstakes where one lucky person will win $30,000 toward a new vehicle of their choosing.

Current Customers Bank Ascent Money Market Savings Account customers will automatically receive one entry into the sweepstakes. Additional entries can be earned for every $25,000 deposited into an Ascent Money Market Savings Account between Saturday, December 1 and Monday, December 31, 2018.

New customers who open a Customers Bank Ascent Money Market Savings Account and fund the account with a minimum of $25,000 between December 1 and December 31, will receive one entry into the sweepstakes. An additional entry can be earned for every $25,000 deposited into the account between December 1 and December 31, 2018.

”Tis the season of giving, so to join in the holiday spirit we are going to award one lucky winner with $30,000 toward the purchase of a new vehicle of their choice,” said Jim Collins, Chief Administrative Officer of Customers Bank.

Customers Bank’s Ascent Money Market Savings Account offers a 2.25% annual percentage yield (APY) – one of the highest rates available – that minimum APY is guaranteed through December 31, 2019, However, this is a variable rate account and the APY may change and fees may reduce earnings. To earn the 2.25% APY, the Ascent Money Market Savings Account requires a minimum balance of $25,000. This account is only available online.

The Ascent Money Market Savings Account is only available in the 48 contiguous United States and offers a top-tier rate. This convenient online account is FDIC-insured, offers up to six withdrawals per month and features intuitive online account management.

The sweepstakes is only open to individuals who are legal residents of the 48 contiguous United States, including the District of Columbia, who are a U.S. citizen age 18 or older at the time of entry. Void in Alaska, Hawaii, Puerto Rico, Guam, the U.S. Virgin Islands, outside the U.S., and wherever else prohibited by law.

For full account details and to open a Customers Bank Ascent Money Market Savings Account, please visit www.customersbank.com/ascent and click on the Sign-Up Today button. To view the full sweepstakes rules, please visit www.customersbank.com/ascentpromorules.

NO PURCHASE, DEPOSIT OR PAYMENT NECESSARY TO ENTER OR WIN. Open to legal residents of the 48 contiguous U.S./D.C., who are US citizens age 18+. Void outside the U.S., in AK, HI and where prohibited. Sweepstakes starts at 12:00:01 AM ET on 12/01/18; ends at 11:59:59 PM ET on 12/31/18. To enter, deposit $25,000 to a Customers Bank Ascent Money Market Savings Account (1 entry for every $25,000 deposited and remaining in the Account during the Promotion Period) or mail a postcard (postmarked by 12/31/18 and received by 01/07/19) with your full name, complete address, email and phone number to: Customers Bank Money Market Giveaway Sweepstakes, 625 Panorama Trail, Suite 2100, Rochester, NY 14625-2437. Existing Account Holders will automatically receive one (1) entry. Limit: Five (5) entries per person regardless of method of entry. Total ARV of all prizes: $30,000. Odds of winning depend on the total number of eligible entries received. For full Official Rules, vehicle restrictions and prize details visit http://www.customersbank.com/ascentpromorules. Sponsor: Customers Bank, 1015 Penn Ave., Wyomissing, PA 19610.

About Customers Bank

Customers Bank is a super-community bank with $10.6 billion in assets as of September 30, 2018, offering commercial and consumer banking services along the I-95 corridor from Washington, DC to Boston; and in Chicago. Commercial products include cash management; commercial and industrial loans; small business loans; SBA government-guaranteed loans; commercial and multi-family real estate loans; and financing for leasing businesses and residential developers.

Customers Bank provides consumer banking services including savings, checking, and money market accounts; certificates of deposit; residential mortgages; and consumer loans. Additional consumer products are marketed by BankMobile, BankMobile Vibe, and Ascent.

Customers Bank is a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation. Customers Bank is an equal opportunity lender. Customers Bank takes pride in delivering extremely high levels of customer service while charging comparatively very low fees; service that makes our clients say, ”Wow.”

Commercial clients enjoy Single Point of Contact service with one team to handle all banking needs. Some retail bank clients are afforded Concierge Banking® Services that brings banking to them, when and where they need it. Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company with its headquarters located in Phoenixville, Pennsylvania. The voting common shares of Customers Bancorp, Inc. are listed on the New York Stock Exchange under the symbol CUBI.

Contact:

David W. Patti
Special Assistant to the President
610-451-9452

SOURCE: Customers Bank, Inc.

ReleaseID: 529493

1169071 B.C. Ltd. Announces Completion of the Arrangement with HemaGenetics Technologies Corp. and Issuance of Shares

VANCOUVER, BC / ACCESSWIRE / November 30, 2018 / 1169071 B.C. Ltd. (“071BC” or the “Company”) is pleased to announce that as a result of the completion of a plan of arrangement between the Company and HemaGenetics Technologies Corp. (“HGT”) under the arrangement agreement entered into on June 26, 2018 between HGT, the Company, Mucho Cobre Resources Ltd. (formerly, 1169080 B.C. Ltd.), 1169029 B.C. Ltd., 1169032 B.C. Ltd., 1169077 B.C. Ltd., and 1169082 B.C. Ltd. (the “Arrangement”), the Company became a reporting issuer in the provinces of Alberta and British Columbia, and pursuant to the Arrangement, 071BC will issue 8,502,104 common shares effective as of November 30, 2018 to HGT shareholders of record as of November 30, 2018, who are entitled to receive shares under the Arrangement. 071BC’s CUSIP number is “68264N107” and its ISIN number is “CA68264N1078”.

The Arrangement received HGT Shareholder approval on June 26, 2018 and final court approval from the British Columbia Supreme Court under Part 9, Division 5 of the Business Corporations Act (British Columbia) on July 19, 2018. Further information regarding the Arrangement can be found on HGT’s SEDAR profile at www.sedar.com. Under the Arrangement, the effective date for the Arrangement can be set separately as between HGT and each of the other parties to the Arrangement. Pursuant to the Arrangement, the effective date for the Arrangement as between HGT and 071BC was set for November 30, 2018.

071BC was incorporated on June 21, 2018 and its fiscal year end is May 31st.

For further information please contact:
Ron Ozols, Director
E-mail: ronozols@gmail.com

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of 071BC. Forward-looking information is based on certain key expectations and assumptions made by the management of 071BC. Although 071BC believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because 071BC can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. 071BC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: 1169071 B.C. Ltd.

ReleaseID: 529482

VPNRanks.com Unveils VPNs That Successfully Enable Users to Access US Netflix Including PureVPN & ExpressVPN

A Study by VPNRanks.com reveals several VPNs that allow users to access U.S Netflix in the UK including the likes of PureVPN and ExpressVPN

MADISON, WI / ACCESSWIRE / November 30, 2018 / When it comes to online streaming services, there are not many platforms that come close to Netflix. It is available in over 190 countries, offering subscribers a variety of content to stream online. From popular movies to television shows, including its own original content, Netflix is a juggernaut in the online entertainment arena.

However, much to the frustration of users, Netflix does not offer a consistent library across all the regions, including the U.K. The content disparity limits the viewing options for British subscribers. There are many shows and movies missing from the U.K. Netflix library. Therefore, to enhance their viewing options, users look to access U.S. Netflix in the U.K.

The primary tool to unblocking U.S. Netflix library is through a VPN service. Users connect to a U.S. server offered by the VPN to change their virtual location and access more content titles. Unfortunately, Netflix started a crackdown on several VPN services and blacklisted their IP addresses. This meant that many popular VPNs stopped working and did not allow U.K. subscribers to access U.S. Netflix.

But a study by VPNRanks.com showed several VPN services that successfully allow access to U.S. library, which included services like PureVPN and ExpressVPN. The review website carried out a detailed testing process and unveiled different providers that work with Netflix. For users, this is an excellent opportunity to get hold of a working service, like availing this PureVPN VPN deal.

The study further unveiled that Netflix has been putting restrictions on various VPN providers for allowing users to access its content from other regions. However, the streaming giant is primarily taking action against free VPN services. Freemium providers provide users with shared IP addresses, which are easy to detect and blacklist on a server level.

According to Aazim Akhtar, Senior Editor at VPNRanks.com, “Our goal is to present users with complete information, with proven results of our testing, so that they can make an informed decision. Since it doesn’t look like that Netflix will be offering same content library worldwide, the cat and mouse game between VPNs and the streaming giant won’t end anytime soon. Therefore, users can bank on VPN providers that work and enjoy watching their favorite content on the US Netflix…”

PRESS CONTACT:

Phone Number: (608) 467-4928

Email: webmaster@vpnranks.com

Source: VPNRanks

Additional Links

VPN for Kodi

ExpressVPN Review

SOURCE: VPNRanks.com

ReleaseID: 529490

Bayside Corporation Files for 1 For 15,000 Reverse Split

WESTON, FL / ACCESSWIRE / November 30, 2018 / Bayside Corporation (OTC PINK: BYSD); (“Bayside” or the “Company”) is pleased to announce that today the Company has filed with the State of Wyoming and FINRA its intention to do a reverse stock split with a ratio of 1 for 15,000, expected to be effective on December 29, 2018. The split, which was approved by the Board and shareholders, will have no inherent effect or change on the Company’s value or total market capitalization.

“This action is part of our larger plan to increase shareholder value. This year, under our new management team, the company has not only become current with all its financial filings and held its first shareholder meeting in years, but also did what we said we were going to do — executed on our business plan to deploy a network of Bitcoin ATMs throughout the country. We have seen sustained revenue growth and expect it to continue in the coming year,” commented Justin Frankel, Chief Executive Officer of Bayside Corporate.

Frankel added, “While we’ve seen improvements in virtually all areas of our business, our share price has remained low and stagnate. Stocks that are priced more accurately attract more attention from market analysts, financial media and larger investors. We are one of a small group of pure-play, revenue generating, publicly traded companies operating in the blockchain and crypto asset space today. The growth of blockchain technology and the continued maturity of the crypto-asset market will continue to present exciting opportunities for us, and a higher stock price will allow us to better take advantage of these opportunities.”

The Shareholders previously approved a split of up to 1 for 20 at the shareholder meeting June 19, 2018. Subsequent to the shareholder meeting, the Board determined that a larger reverse was necessary. On November 12, 2019 the Board and a majority of the shares entitled to vote on the matter voted to set the reverse ratio at 1 for 15,000.

Steven Hoffman, Chairman of Bayside Corporation, stated, “The Board believes that undertaking this reverse split is in the best long-term interest of all shareholders. Over the past year, the company has ensured its filing are current and has seen revenue from operations continue to grow. This is not a potentially dilutive measure for Bayside, rather it is a way to get the public markets to better recognize what we have accomplished thus far and allow us to take advantage of the explosive growth in the blockchain industry.”

To view
the Company’s disclosures, click here.

About Bayside
Corp

Bayside Corp. is an American corporation that trades publicly under the symbol “BYSD”. At Bayside Corp., we believe that emerging technologies will create new opportunities for generations to come. Crypto-assets and blockchain technology will fundamentally impact a broad range of industries such as financial services, digital rights management, and computer processing and programming, along with many others. Our goal is to become the premier provider of infrastructure in this new and exciting industry. For additional information on the Company visit our website at: http://www.baysidecorp.com.

Forward-Looking Statements:

This press release may
contain projections and other forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934, as amended, and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Any such
projections or statement reflect the company’s current views with respect to
future events and financial performance. No assurances can be given, however,
that these events will occur or that such projections will be achieved and that
actual results could differ materially from those projected. Important factors
that could cause actual results to differ from those projected are decreases in
oil and gas prices or decreases in oil and gas production. The company’s actual
results could differ materially from those discussed herein. Forward-looking
statements are subject to risks and uncertainties, including, but not limited
to, government regulation, taxation, spending, competition, general economic
conditions and other risk factors which could cause actual results to differ materially
from those projected or implied in the forward-looking statements.

Company Contact:

Info@baysidecorp.com

SOURCE: Bayside Corp.

ReleaseID: 529487

World Childhood Foundation – USA in Partnership with the West Harlem Development Corporation to Sponsor 6th Annual Community Holiday Celebration & Toy Giveaway Saturday, December 1st

NEW YORK, NY / ACCESSWIRE / November 30, 2018 / In celebration of the forthcoming holiday season, World Childhood Foundation-USA (WCF) is partnering with the West Harlem Development Corporation (WHDC) to sponsor the 6th annual holiday celebration & toy giveaway this Saturday, December 1st from 1-4:30 pm. The free event, which will include a free toy and book for each child, will be held at WHDC, 423 West 127th Street, Suite A.

WCF will sponsor a children’s art contest. This year’s theme for the artwork is ”Every Child Deserves…” Winners will receive gift certificates from Bon Bon of Sweden.

The 700 toys have been donated by Ravensburger, a leading producer of puzzles, award-winning board games, and engaging science, and arts and crafts kits.

WCF will also be promoting its Stewards of Children Prevention Toolkit mobile app (www.socapp.org) at the event, providing greater access for adults to help provide a safer childhood for all, free from violence and abuse.

Commenting on the event, Johanna Rubinstein, President and CEO of WCF-USA said, ”Childhood USA works to help prevent child sexual abuse from happening in our communities. This is the first step in breaking the silence surrounding this problem. This is why we developed the mobile app. We want to educate all adults about how to minimize the risks of child sexual abuse, learn how to talk to their children and where to report any suspicions or disclosures. By empowering communities like Harlem, we can help to give more children happy childhoods that will contribute to ending the cycle of child abuse.”

Thomas Kaeppler, Ravensburger North American President, added, ”It’s been our great honor to support the WHDC and WCF-USA for many years by providing toys for hundreds of children during this holiday season. For more than a century Ravensburger has been committed to delivering play for the hand, head and heart and is proud to help make this celebration of family a festive, joy-filled success.”

About World Childhood Foundation
(WCF)

WCF envisions a world where all children are free from violence, sexual abuse, and exploitation. Founded in 1999 by H.M. Queen Silvia of Sweden, WCF invests in the development of solutions to prevent and address child sexual abuse and exploitation. WCF, a UN accredited NGO, directly supports >100 projects globally and raises awareness about our cause. WCF’s work is aligned with the global Sustainable Development Goal 16.2 – ending abuse, exploitation, trafficking and all forms of violence against and torture of children by 2030. In 2019, together with The Economist Intelligence Unit, Carlson Family Foundation and the Oak Foundation, WCF will launch the first-ever country benchmarking tool for child sexual abuse and exploitation.

WWW. Childhood-USA.ORG

Media Contacts:

Adam Friedman
914 419 7384

Or Cathy Loos
212
729 3753

SOURCE: World Childhood Foundation USA (WCF)

ReleaseID: 529488

DGAP-News: Steinhoff International Holdings N.V. : Issue of Proposals in Connection with Company Voluntary Arrangements for SEAG and SFHG Prior to Creditors’ Meetings Scheduled for 14 December 2018

AMSTERDAM, NETHERLANDS / ACCESSWIRE / November 30, 2018 / Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”) (FRA: SNH; OTC PINK: SNHFF)

The Company refers to its announcements of 19 November 2018 (the “19 November Announcements”) in respect of the issue of a company voluntary arrangement in relation to Steinhoff Europe AG (“SEAG”) (the “SEAG CVA Proposal”) and a consent solicitation process by the Company in respect of convertible bonds issued by Steinhoff Finance Holding GmbH (“SFHG”), (the “Consent Solicitations”).

Further to the 19 November Announcements, the Company is pleased to provide an update on the restructuring of the Group’s financial indebtedness and, in particular, to provide an update on the issue of the SEAG CVA Proposal and announce the issue of the SFHG CVA Proposal (following the withdrawal of the Consent Solicitations as detailed below).

These processes relate to the restructuring of debt at SEAG and SFHG and are not expected to have any impact on any of the Group’s operating businesses, their landlords or trade creditors.

Withdrawal of Consent Solicitations in favour of a company voluntary arrangement of SFHG

The Company has terminated the Consent Solicitations and withdrawn the extraordinary resolutions in respect of the three series of outstanding SFHG issued convertible bonds due 2021, 2022 and 2023 (the “Convertible Bonds”), as it has determined that the restructuring of the Convertible Bonds will be more effectively achieved by way of a company voluntary arrangement of SFHG under Part 1 of the Insolvency Act 1986 (the “SFHG CVA Proposal”).

The SFHG CVA Proposal has been made to Alan Bloom, Alan Hudson and Simon Edel of Ernst & Young, who have consented to act as nominees for both the SFHG CVA Proposal and the SEAG CVA Proposal (the “Nominees”).

Issue of the SEAG CVA Proposal and the SFHG CVA Proposal

The Company understands that the Nominees have reviewed and considered the SEAG CVA Proposal and SFHG CVA Proposal (together the “Proposals”) and today issued a report to the High Court of England and Wales in respect of each of the Proposals.

The Nominees’ reports having been filed at the High Court, today the SEAG CVA Proposal is being published to all creditors of SEAG and the SFHG CVA Proposal is being published to all creditors of SFHG. Creditors of SEAG and SFHG will now have a period of time to review and consider the SEAG CVA Proposal and the SFHG CVA Proposal respectively, before voting at the creditors’ meetings to be held on 14 December 2018.

A requirement in respect of each of the SEAG CVA Proposal and SFHG CVA Proposal is that completion of both company voluntary arrangements will be inter-conditional with each other.

Key aspects of the SEAG CVA Proposal:

The SEAG CVA Proposal includes the following key aspects:

– the corporate holding structure of SEAG will be restructured with the incorporation of new Luxembourg, Jersey and UK incorporated companies as direct and indirect holding companies and subsidiaries of SEAG;

– at closing, there will be a hive-down of almost all of the assets and liabilities from SEAG to certain of these newly incorporated Jersey and UK companies;

– SEAG’s existing financial indebtedness will be restructured by way of a new term loan facility to be issued by a newly incorporated Luxembourg company which shall sit as an indirect subsidiary of SEAG (the “New SEAG Luxco Debt”). The New SEAG Luxco Debt shall accrue PIK interest which shall capitalize on a semi-annual basis and the facility shall mature on 31 December 2021;

– SEAG’s existing financial creditors will be able to participate in the New SEAG Luxco Debt, such participations to have the benefit of a security package to be granted by the new SEAG corporate group;

– to the extent that SEAG’s existing financial creditors currently benefit from a guarantee from the Company in respect of their holding of existing SEAG debt, such financial creditors will also receive the benefit of a new deferred contingent payment instrument to be provided by the Company in respect of the New SEAG Luxco Debt; and

– to facilitate completion of the financial restructuring, an interim moratorium will, subject to approval by SEAG’s creditors of the SEAG CVA Proposal, come into force from the date of such approval and will have the effect that SEAG’s creditors will be prohibited from taking certain enforcement action against SEAG from such date until the implementation of the financial restructuring or the termination of the CVA.

Further information is contained in the SEAG CVA Proposal which includes an anticipated timetable and instructions for SEAG creditors on the actions which they will need to take. The SEAG CVA proposal, together with certain supporting documentation, can be downloaded free of charge at www.lucid-is.com/steinhoff.

Key aspects of the SFHG CVA Proposal

The SFHG CVA Proposal includes the following key aspects:

– the restructuring of the Convertible Bonds as indebtedness in the form of guaranteed secured loans to mature on 31 December 2021 and which shall accrue PIK interest which shall capitalize on a semi-annual basis. It is proposed that the loans so extended by holders of the Convertible Bonds due 2021 and 2022 would be restructured into a single loan facility and that the loans so extended by the holders of the Convertible Bonds due 2023 would be restructured into a separate loan facility, each with a new Luxembourg incorporated entity as the borrower. The 2021/2022 and the 2023 loan facilities will rank pari passu at borrower level;

– these loan facilities will benefit from either a guarantee or deferred contingent payment instruments from, in the case of the 2021/2022 loan facility, the Company and Steinhoff International Holdings Pty Ltd and in the case of the 2023 loan facility, the Company, reflecting the guarantor structure in relation to each existing series of Convertible Bonds;

– the new restructured indebtedness will take the form of private loan facilities and the convertible feature of the existing Convertible Bonds will be removed; and

– to facilitate completion of the financial restructuring, an interim moratorium will, subject to approval of SFHG’s creditors of the SFHG CVA Proposal, come into force from the date of such approval and will have the effect that SFHG’s creditors will be prohibited from taking certain enforcement action against SFHG or the Company from such date until the implementation of the financial restructuring or the termination of the SFHG CVA Proposal.

Further information is contained in the SFHG CVA Proposal which includes an anticipated timetable and instructions for SFHG creditors on the actions which they will need to take. The SFHG CVA proposal, together with certain supporting documentation, can be downloaded free of charge at www.lucid-is.com/steinhoff.

Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group.

Stellenbosch, 30 November 2018

30.11.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:
English

Company:
Steinhoff International Holdings N.V.

Herengracht 466

1017 CA Amsterdam

Netherlands

Phone:
+27218080700

Fax:
+27218080800

E-mail:
investors@steinhoffinternational.com

Internet:
www.steinhoffinternational.com

ISIN:
NL0011375019

WKN:
A14XB9

Indices:
SDAX

Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

SOURCE: Steinhoff International Holdings N.V.

ReleaseID: 529465

California Gold Announces Option Grant

TORONTO, ON / ACCESSWIRE / November 30, 2018 / California Gold Mining Inc. (“California Gold” or the “Company”) announced today that the Board of Directors have approved the issuance of 4,340,000 options to officers, employees and consultants of the Company. Each option is exercisable into one common share at an exercise price of $0.50 and has a term of five years.

The total number of outstanding options under the Company’s plan, including the grant above, is now 5,120,000 options or approximately 9% of the outstanding shares. The Stock Option Plan allows for up to 10% of the outstanding common shares to be reserved for stock options.

About California Gold Mining Inc.

California Gold Mining Inc. is focused on developing its 100%-owned Fremont Project in Mariposa County, California. The project consists of an entirely private and patented land package totaling 3,351 acres of historically producing gold mines, with a state highway, PG&E electric substation and abundant water present on the Property itself. The Property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million oz of gold historically. The Company purchased the Property in March 2013.

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

For further information contact:
Vishal Gupta, President & CEO
Tel.: 647-977-9267 x333 | Website: www.caligold.ca

SOURCE: California Gold Mining Inc.

ReleaseID: 529485

West Red Lake Gold Exploration Drilling Update

TORONTO, ON / ACCESSWIRE / November 30, 2018 / West Red Lake Gold Mines Inc. (“West Red Lake Gold” or the “Company”) (CSE: RLG) (OTCQB: RLGMF) (FSE: HYK) announces exploration drilling on its West Red Lake Project located in the prolific Red Lake Gold District, Northwestern Ontario, Canada.

Eight drill holes are being drilled to target gold mineralization in the NT Zone which is located on the Rowan Mine Property portion of the West Red Lake Project. The NT Zone trends north-east from the south property boundary to where this regional scale structure intersects with the east-west trending Pipestone Bay St Paul Deformation Zone (“PBS Zone”). The portion of the NT Zone being drilled is located approximately 800 metres south of the former producing Rowan Mine.

Mr. John Kontak, President of West Red Lake Gold stated “We are very pleased to be exploring our promising Red Lake property. We believe that the property holds significant potential and that the current drilling program on the gold bearing NT Zone provides a good opportunity for the expansion of gold mineralization on the property.”

The NT Zone is a largescale alteration/deformation zone. The scale and style of the iron-carbonate alteration within the NT Zone is considered to be associated with large multi-stage hydrothermal systems. Gold mineralization in the NT Zone is associated with silica/sulphide replacement within the iron-carbonate altered Felsic volcanic and intrusive rocks.

The Company property is situated on the Red Lake Archean Greenstone Belt which hosts the high grade gold mines of the Red Lake Gold District. Twenty km to the east of the Company property is the geologically similar world class Red Lake Mine and Campbell Mine, illustrating the significant exploration potential for high grade gold zones on the Company’s West Red Lake Project. Three former gold mines on the West Red Lake Project property are situated on the PBS Zone.

The technical information presented in this news release has been reviewed and approved by Kenneth Guy, P.Geo., a consultant to West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined under NI 43-101 “Standards of Disclosure for Mineral Projects”.

West Red Lake Gold Mines is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced 30 million ounces of gold from high grade zones. The Company has assembled a significant property position totalling 3,100 hectares in west Red Lake (the “West Red Lake Project”) which contains three former gold mines. The Mount Jamie Mine and Red Summit Mine properties are 100% owned by the Company and the Rowan Mine property is held in a 60%-owned joint venture with Red Lake Gold Mines, a partnership of Goldcorp Inc. and Goldcorp Canada Ltd. The West Red Lake Project property covers a 12 kilometre strike length along the Pipestone Bay St Paul Deformation Zone and the Company plans to continue to explore the property both along strike and to depth. To find out more about West Red Lake Gold, please visit our website at http://www.westredlakegold.com.

For more information, please contact: John Kontak, President Phone: 416-203-9181 Email: jkontak@rlgold.ca

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. Certain statements contained in this news release constitute “forward looking statements”. When used in this document, the words “anticipated”, “expect”, “estimated”, “forecast”, “planned”, and similar expressions are intended to identify forward looking statements or information. These statements are based on current expectations of management, however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. West Red Lake Gold does not undertake any obligation to revise or update any forward- looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.

SOURCE:West Red Lake Gold Mines Inc.

ReleaseID: 529481