Monthly Archives: April 2019

Sacramento Electrician Pros is Now Open 24 Hours a Day

The Residential, Commercial and Emergency Services from Sacramento Electrician Pros are Now Available 24/7

LOS ANGELES, CA / ACCESSWIRE / April 30, 2019 / The founders of Sacramento Electrician Pros are pleased to announce that they are now open 24 hours a day. Residential and commercial customers who need regular or emergency electrician services at all hours of the day and night can now count on Sacramento Electrician Pros to be there to help them 24/7.

To learn more about Sacramento Electrician Pros and the services that they offer, please check out

https://electriciansacramentocalifornia.com/.





As a company spokesperson noted, the founders of Sacramento Electrician Pros also recently redesigned their company’s website; in addition to posting the new 24 hour service on the site, they wanted to make it as easy as possible for their valued customers to reach them.

The founders understand that electrical problems can take place at any time. They also realize that if a homeowner suddenly notices a power outage when they get up to use the restroom at 1 a.m., they may not want to wait until regular business hours to get the problem resolved.

This knowledge inspired them to expand their service hours to around the clock, and help their business and residential customers to rest assured that when they need an electrician in Sacramento, a friendly and experienced member of their team will be ready and willing to help.

From smaller projects like an outlet that decides to stop working to larger needs like a panel upgrade or home-service upgrade, Sacramento Electrician Pros can handle it.

“When you are in need of electrical services, it’s not like other standard services you encounter in your home that you can just have fixed by a handyman. Your electric is different,” the spokesperson noted, adding that Sacramento Electrician Pros can tackle everything from electrical contractor work to emergency repair services and much more.

“We are proud to be your one-stop-shop for all of your needs including residential, industrial, and commercial electrician needs. It’s our motto that no job is too big or small and absolutely nothing that can’t be handled.”

About Sacramento Electrician Pros:

At Sacramento Electrician Pros, they are laser focused on fulfilling their customers’ needs through top-quality electrical services. Their licensed electricians have more than 75 years of experience combined and can handle residential, commercial and emergency electrical services. No job is too big or too small. For more information, please visit https://electriciansacramentocalifornia.com/.

Contact:

Jasmine Griffith
admin@rocketfactor.com
(949) 555-2861

SOURCE: Sacramento Electrician Pros

ReleaseID: 543491

JustFreebies.com is Officially Relaunched and is Now Better Than Ever

The Website, Which Helps People Find Samples, Coupons, Bargains and More, Has Been Restructured to Be More User-Friendly and Easy to Navigate

LOS ANGELES, CA / ACCESSWIRE / April 30, 2019 / The founders of JustFreebies.com, a website that is committed to bringing people the best free products, samples, coupons and more, are pleased to announce that they have just relaunched their newly-restructured website.

As a company spokesperson noted, ever since the founders created the JustFreebies website in 2001, they have helped millions of deal-loving people to get high quality products and genuine bargains at no cost.

“JustFreebies remains the most popular and widely respected savings site on the net, to this very day, with approximately 1.5 million visitors per month and around 2.8 million page views,” the spokesperson noted.

Recently, to help make the website more user-friendly than ever, the founders decided to restructure and revise the JustFreebies site. Now, thanks to the relaunched website, it will now be easier than ever for people to find the best freebies that are currently available.

“Throughout our years, we’ve dedicated ourselves to helping millions of people acquire totally free high-end products. How are we capable of doing all of this, you may ask? By working closely with some of America’s largest, most popular, and well-trusted companies,” the spokesperson noted, adding that despite the fact that there are a number of imitation sites on the Internet, JustFreebies is now the top site.

Registering with JustFreebies.com is easy. People simply need to fill out their contact information completely and correctly. In some cases, JustFreebies will send out the advertised offers, but in other instances, the high end companies that the team from JustFreebies works with ships the products or coupons.

Using the website is now easier than ever, the company spokesperson noted. People can start by browsing JustFreebies.com to look for offers that they are interested in. The site features a Daily List of freebies on the main page, as well as a number of freebies listed by category. If people are looking for a specific type of item or coupon, they may also use the convenient search feature on the main page of the site.

About JustFreebies:

Since 2001, JustFreebies has helped millions of people to get great products at no charge. The website is now the most popular and widely respected savings site on the Internet, and features a daily free samples list and much more. For more information, please visit https://www.justfreebies.com.

Contact:

Chester Chandler
admin@rocketfactor.com
(949) 555-2861

SOURCE: JustFreebies

ReleaseID: 543490

Kontrol Energy Announces Record Fourth-Quarter and Full Year 2018 Financial Results

Q4 Revenue Growth of 100% Year over Year

TORONTO, ON / ACCESSWIRE / April 30, 2019 / Kontrol Energy Corp. (CSE: KNR, OTCQB: KNRLF, FSE:1K8) (“Kontrol” or ‘Company’) a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces its fiscal 2018 financial results for the year ended December 31, 2018.

A complete set of Financial Statements and Management’s Discussion & Analysis will be filed on SEDAR (www.sedar.com) on April 30th at 4:30pm (EST). A conference call to discuss the 2018 financial results has been scheduled for April 30th at 4:30pm (EST).

2018 Highlights

Revenue for the year ending December 31, 2018 was $10.7 million, up 56% over the prior year
Revenue for fourth quarter was $4.1 million, up 100% over the comparable quarter of the prior year
Kontrol Energy and Toyota Tsusho Canada Inc. announce a Smart Factory Strategic Partnership for North American Markets
Acquisition of CEM Specialties Inc.
Asset acquisition of MCW Dimax Ltd.
Kontrol Energy expansion of IoT Technology solutions to Global Asset and Facilities Management
Letter of Intent executed for a $6.5M revenue and $700K in EBITDA electrical efficiency company
Private placement funding and exchange of debentures; holders of up to $5,245,000 can exchange their 2019 debentures for 2020 debentures bearing interest at 8% per annum
U.S. Listing granted on OTCQB Market under symbol KNRLF
Kontrol Energy enters global market with the launch of SmartMax® Energy Gateway
Launch of SmartSuite® energy management technology for global commercial, multi-residential, and hospitality real estate market

Management Commentary

‘2018 was an important year of growth for Kontrol. In addition to delivering strong year over year revenue growth, we achieved record revenues in our Q4 2018 of $4.1 million and positive adjusted EBITDA,” said Paul Ghezzi, CEO of Kontrol Energy. “We exit 2018 with a revenue run rate of $16 million annualized. With our continued organic growth and next acquisition target announced we look forward to a robust fiscal 2019.”

Revenue

Revenue for the year ended December 31, 2018 was $10,727,301, an increase of $3.8 million or 56% over the comparative year. Revenue for the fourth quarter was $4,095,070, up 100% over the comparable quarter of the prior year. The growth in revenue is from a combination of accretive acquisitions and organic growth.

Gross profit

Gross profit for the year ended December 31, 2018 was $6,419,819 an increase of $1.8 million over the comparative year. Gross profit for the quarter was $1,960,103 compared to $1,355,107 for the fourth quarter of the prior year.

Gross margin for the year ended December 31, 2018 and fourth quarter was 60% and 48% respectively which is a decline from the mid 60% range for the comparable periods. This was expected by management and simply reflects the adjusted mix of revenue and cost of sales under a growing organization with changing product and service offerings. The fourth quarter gross margin is a more accurate representation of future periods. However, the gross margin will continue to change as new acquisitions are completed. On a dollar basis, the 2018 gross profit reflects strong contributions from newly acquired businesses.

Adjusted EBITDA

Adjusted EBITDA for the year ended December 31, 2018 was negative $(167,572) compared to
$30,404 for the prior year. Adjusted EBITDA for the quarter was $200,685 compared to negative $(43,737) for the fourth quarter of the prior year.

The improvement in earnings in the fourth quarter reflects new business activities coming online from the completed 2018 acquisitions along with organic growth.

Financial Summary

Three months ended Dec 31

Years ended Dec 31

Financial Results

2018

2017

2018

2017

Revenue

$4,095,070

$2,048,262

$10,727,301

$6,888,265

Gross profit

$1,960,103

$1,355,107

$6,419,819

$4,617,426

Net loss

$(451,495)

$(405,945)

$(2,226,167)

$(1,310,765)

Basic and Diluted EPS

$(0.02)

$(0.02)

$(0.09)

$(0.06)

Add for adjusted EBITDA reconciliation:

Amort. and depreciation

$447,619

$303,131

$1,176,385

$626,390

Finance expense

$230,288

$140,041

$606,878

$575,401

Share based compensation

$73,191

$0

$282,000

$188,000

Acquisition related expenses

$27,779

$0

$120,029

$32,342

Deferred taxes recovery

$(126,697)

$(80,964)

$(126,697)

$(80,964)

Adjusted EBITDA*

$200,685

$(43,737)

$(167,572)

$30,404

* Adjusted EBITDA is a non-IRFS financial measure. The Company defines Adjusted EBITDA as net income or loss before interest, income taxes, amortization and depreciation, share based compensation, and acquisition related expenses

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy was recently announced as the 7th fastest growing Startup in Canada by Canadian Business and Maclean’s.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com

For further information, contact us at admin@kontrolenergy.com Kontrol Energy Corp., 180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8 Tel: 905.766.0400, Toll free: 1.844.566.8123

For further information, contact:

Paul Ghezzi, Chief Executive Officer
paul@kontrolenergy.com
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements regarding possible future acquisitions and/or investments in operating businesses and/or technologies, accelerated organic growth, Adjusted EBITDA, expansion of smart energy technologies into US markets, strategic partnerships to expand into North American Markets, acceleration of recurring SaaS revenues, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected that customers and potential customers will not be as accepting of the Company’s product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE:Kontrol Energy Corp.

ReleaseID: 543469

Trifecta Gold Implements Corporate Changes

VANCOUVER, BC / ACCESSWIRE / April 30, 2019 / Trifecta Gold Ltd. (TSX-V: TG) (‘Trifecta’ or the ‘Company’) announces a series of corporate changes undertaken to preserve working capital as the Company seeks partners and evaluates transactions to benefit Trifecta shareholders. First, Dylan Arnold-Wallinger is stepping down as President and CEO of Trifecta effective April 30, 2019. Second, the Company has agreed to settle an amount of $75,000 by the issuance of 1,500,000 common shares of Trifecta at deemed price of five cents per share, pending TSX Exchange approval. Third, Trifecta has withdrawn from its option agreement with Pacific Ridge Exploration Ltd. (TSX-V: PEX) covering the Eureka Dome property (see Trifecta news release dated April 26, 2018).

The debt settlement was negotiated as part of a severance package with Dylan Arnold-Wallinger. Richard Drechsler, a Director of Trifecta, will assume the role of Interim President and CEO of Trifecta.

‘The Board wishes to thank Dylan for his efforts on behalf of Trifecta and wishes him success in his future endeavors,’ states Rosie Moore, Director.

Trifecta retains four highly prospective 100% owned gold projects in Yukon which include Eureka, Trident, Triple Crown and Treble, as well as an option to acquire a 75% interest in the past producing Yuge gold project located in northern Nevada.

Trifecta’s 100% owned road accessible Eureka Property lies directly on the proposed haulage road for Goldcorp’s Coffee Deposit, between Klondike Gold Corp.’s Klondike project and White Gold Corp.’s Black Hills property. The property straddles the headwaters of Black Hills and Eureka creeks, two of the most productive placer creeks in the southern part of the Klondike Goldfields and has many geologic similarities to White Gold’s nearby Vertigo discovery. The property hosts multiple drill ready targets and drill confirmed mineral showings within an 8 km long by 2.5 km wide gold-in-soil geochemical anomaly.

The Yuge Property covers the historical Columbia and Juanita Mines, which produced high-grade gold on a small scale between 1870 and 1937 from strong veins located more than 1,000 m apart within the same structural corridor. Historical mining only extended down to the bottom of the oxidized zone. Diamond drilling by previous operators below the Columbia workings produced a true-width sulphide intersect, which graded 9.70 g/t gold over 3.3 m starting 49 m below surface. This drilling was conducted in 1981 and no drilling has been completed since. Recent work by Trifecta has indicated that gold mineralization at Yuge is more widespread than documented in the limited historical data and may occur in undocumented structural settings.

Technical information in this news release has been approved by Jackson Morton, P. Geo., a geologist with Archer, Cathro & Associates (1981) Limited and a qualified person for the purpose of National Instrument 43-101.

About Trifecta Gold Ltd.

Trifecta is a Canadian precious metal exploration company dedicated to increasing shareholder value through the acquisition and development of attractive exploration projects in Canada and other mining-friendly jurisdictions.

ON BEHALF OF THE BOARD

‘Rosie Moore’

Director

For further information concerning Trifecta or its various exploration projects please visit www.trifectagold.com or contact:

Corporate Information
Trifecta Gold Ltd.
Richard Drechsler
Interim President & CEO
Tel: (604) 687-2522 ext. 262

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

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.

SOURCE: Trifecta Gold Ltd.

ReleaseID: 543441

BioLargo Engineering Awarded EPA Grant to Develop Methods to Remove Toxic Contaminants from Water

WESTMINSTER, CA / ACCESSWIRE / April 30, 2019 / BioLargo, Inc. (OTCQB: BLGO), a technology innovator and full service environmental engineering solutions provider, announced today that its engineering subsidiary had been awarded an SBIR Phase I Competitive Grant by the Environmental Protection Agency in the amount of $100,000 to investigate solutions for the removal of per- and polyfluoroalkyl substances (PFAS) from water. PFAS have been linked to cancer, fertility problems, asthma, and more, and are present in a vast range of manufactured goods including food, common household products (e.g., cleaning products, cookware), and electronics. PFAS also pose widespread and serious water safety problems around the world, with governments and industry actively seeking new technologies and processes to eliminate PFAS from groundwater and drinking water.

The mission of the SBIR (Small Business Innovation Research) program is to support scientific excellence and technological innovation through the investment of Federal research funds in technologies that have the potential for commercialization. The objective of ”Phase I” research grants are to establish the technical merit, feasibility, and commercial potential of the proposed research and development efforts, and to determine the quality of performance of the small business awardee organization prior to providing further Federal support.

Randall Moore, President of BLEST commented, ”the removal of PFAS contaminants from water presents an important and very difficult challenge. Our team’s extensive work in environmental engineering and remediation combined with our comprehensive work in electro-chemistry, advanced oxidation processes and advanced water treatment solutions combine to make our team uniquely qualified to solve issues surrounding environmental PFAS.”

Dennis P. Calvert, President and CEO of BioLargo added, ”This is another example of BioLargo’s unique ability to leverage its science and engineering capabilities to deliver innovative real-life solutions to big problems that threaten our water, air and life. We earn the trust of our clients every day by delivering results and value in the most difficult cases. We are also grateful to the US EPA for recognizing our capabilities and supporting our efforts in finding solutions for the removal of PFAS from the environment.”

About
BioLargo, Inc.

BioLargo, Inc. is an innovative technology developer and environmental engineering company driven by a mission to “make life better” by delivering robust, sustainable solutions for a broad range of industries and applications, with a focus on clean water, clean air, and advanced wound care. We develop and commercialize disruptive technologies by providing the capital, support, and expertise to expedite them from “cradle” to “maturity” (www.biolargo.com). Our engineering division features experienced professional engineers dedicated to integrity, reliability, and environmental stewardship (www.biolargoengineering.com). Our industrial odor control division, Odor-No-More (www.odornomore.com) features CupriDyne Clean Industrial Odor Eliminator (www.cupridyne.com), which eliminates the odor-causing compounds and VOCs rather than masking them, and is now winning over leading companies in the solid waste handling and wastewater industries and other industries that contend with malodors and VOCs. Our subsidiary BioLargo Water (www.biolargowater.ca) develops the Advanced Oxidation System “AOS,” a disruptive industrial water treatment technology designed to eliminate waterborne pathogens and recalcitrant contaminants with better energy-efficiency and lower operational costs than incumbent technologies. Our subsidiary Clyra Medical (www.clyramedical.com) features effective and gentle solutions for chronic infected wounds to promote infection control and regenerative tissue therapy.

Contact
Information

Dennis Calvert President and CEO BioLargo, Inc. 800-400-2863 x 2

Safe
Harbor Act

This press release includes ”forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as ”expect,” ”estimate,” ”project,” ”budget,” ”forecast,” ”anticipate,” ”intend,” ”plan,” ”may,” ”will,” ”could,” ”should,” ”believes,” ”predicts,” ”potential,” ”continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

SOURCE: BioLargo, Inc.

ReleaseID: 543439

Canadabis Capital Resumes Trading and Launches Corporate Website

CALGARY, AB / ACCESSWIRE / April 30, 2019 / CanadaBis Capital Inc.(“CanadaBis or the Company”) is pleased to announce that it will begin trading as a Tier 2 Life Sciences Issuer on April 30th, 2019 under the symbol CANB and that it has officially launched its new corporate website, which is now available at www.canadabis.com.

The new website will showcase the Company’s products and services, as well as provide shareholders and potential investors a better understanding of CanadaBis’s vision for the future. CanadaBis anticipates being in position to expand business, increase cultivation facilities, add retail locations, further develop into extractions and processing in preparation of the upcoming legalization of edibles, and continue to be a vertically-integrated cannabis company offering a keystone portfolio in Western Canada.

CanadaBis, through its subsidiaries, will operate the business of Stigma Grow and continue to be focused on producing high-quality and uniquely crafted products for the Alberta market. The facility in Red Deer was awarded a Standard Cultivation License by Health Canada on March 8th of 2019. This cultivation license is one of only twelve administered in Alberta by Health Canada and will allow for the possession, production and distribution of cannabis in dried, fresh, plant and seed form. In addition, the Company has been awarded a Standard Processing License which will allow the Red Deer facility to process dried flower and manufacture cannabis oil products.

Stigma Grow has the benefit of over three years of independent genetic research on 42 proprietary strains making the Company perfectly positioned to supply Albertans with a portfolio of uniquely developed craft cannabis products that offer potency, consistency and high-quality experience.

About CanadaBis

CanadaBis Capital Inc. is an Alberta-based cannabis company that, through its wholly owned subsidiary Stigma Grow, produces high-quality products for the Alberta marketplace. The Company exhibits the highest standards in quality control, optimal yields and wide ranging cannabinoid profiles. The newly constructed 22,000 square foot growth facility in Red Deer County is licensed by Health Canada to cultivate and process cannabis, with further expansion planned in 2019/2020.

For more information please contact:

Investor Relations
1-888-STI-GMA1
info@stigmagrow.ca

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to our business and operations including development and expansion plans and the timing thereof. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: compliance with extensive government regulation, the general business, economic, competitive, political and social uncertainties; requirement for further capital, delay or failure to receive board, shareholder or regulatory approvals; the results of operations and such other matters as set out in the Filing Statement available on SEDAR at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking statements. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although we believe that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on our future results, performance or achievements.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although we have attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. We do not intend, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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.

SOURCE: CanadaBis Capital Inc.

ReleaseID: 543454

Norra Metals Prepares a 3D Geological Model for Bleikvassli, Norway

VANCOUVER, BC / ACCESSWIRE / April 30, 2019 / Norra Metals Corp. (the ”Company” or “Norra”) is pleased to announce that the company has been moving forward with exploration plans on our recently acquired Scandinavian properties. The four Scandinavian projects, three properties in Norway and one in Sweden, provide Norra with a portfolio of prospective properties for our newly created European Business Unit and will provide our shareholders with substantial value creation upside (see News Release dated Dec 13, 2018 for property details). The properties contain historic mining areas and/or historic, drill-defined zones of polymetallic base metal mineralization (zinc-lead-copper) with variable levels of precious metal enrichments (silver ± gold).

There is very good exploration potential on all four properties and Bleikvassli as a former Cu-Zn-Ag (± Au) producer, represents an immediate and significant exploration target for the company. The Bleikvassli property is located in central Norway, contains power and paved roads onsite, is close to tide water and nearby rail service. The property hosts the Bleikvassli mine, a past-producing sediment-hosted massive sulphide Zn-Pb deposit with minor Cu, Au and Ag credits. The mine closed in 1997, following continuous operation since 1957 which saw the extraction of 5.0 million tonnes grading 4.0% Zn, 2% Pb, 0.15% Cu, and 25g/t Ag.

Historic resources remaining at time of mine closure, according to the Norwegian Geological Survey (2017), were 720,000 tonnes grading 5.17% Zn, 2.72% Pb, 0.27% Cu, 45g/t Ag, 0.2g/t Au. However, previous workers did not outline their key assumptions, parameters and methods of resource estimation and did not specify resource categories for this estimate and as such are not compliant with NI 43-101 standards. These historical estimates have not been verified and Norra is not treating these estimates as current resources. Though little work has been done on showings outside the main deposit, there are numerous documented mineral occurrences outside the main mine workings that have received little or no recent exploration despite being of the same mineral style and hosted in similar geology as the Bleikvassli deposit.

Norra has begun reviewing the historic drilling data and incorporating that data into a Leapfrog 3D Geological Modeling software program that also contains the underground mining development as well as the previously mined areas of the deposit. Records indicate that there have been more than 1400 diamond drill holes completed on or in the deposit however, most of the holes were drilled from the underground drifts and in the historically mined areas. Many of the holes would have been drilled in advance of mining so are likely mined out. The underground workings are currently flooded at this time, planned drilling in the deposit will have to be competed from surface. However, the company is also examining the option of possibly dewatering a portion of the mine that would allow access to complete underground drilling.

A review of the drill hole data and areas of past mining has shown three areas of drill holes that lie outside the areas of past mining. These three areas are located; at the north end of the deposit, under the main area of mining and at the south end of the deposit. These three areas represent target areas for the company to begin a preliminary diamond drill program.

Previous work by the operators of the mine in 1986 recognized two lenses of unexploited mineralization at the north end of the deposit. These lenses, reportedly intercepted by the old galleries and drillholes, appear to be unmined based on the current review of the available cross sections. The reports at that time indicated that ”Lens A” contained between 125,000 -162,000t grading 3.25 % Pb, 0.42 % Cu, 7.27 % Zn and 41 g/t Ag. Previous workers did not outline their key assumptions, parameters and methods of resource estimation for ”Lens A” and did not specify resource categories for this estimate and as such are not compliant with NI 43-101 standards. These historical estimates have not been verified and Norra is not treating these estimates as current resources. ”Lens B”, which is reportedly insufficiently explored, contains thickness between 1.2m-4.27m grading between 6.7-9.4% Zn, 2.00-4.4% Pb, 0.05-0.08% Cu and 18.7-63.7 g/t Ag. The following table lists some of the intercepts from the past drilling at the north end of the deposit (true widths unknown):

North End Drilling

Hole

Hole Type

From (m)

To
(m)

Length (m)

Zn (%)

Cu (%)

Pb (%)

Au (ppm)

Ag (ppm)

AuEq (ppm)

ZnEq (%)

CuEq (%)

DH1-82

S

243.9

248.3

4.4

7.69

0.72

3.50

54.31

12.46

5.90

T17-80

U/G

36.0

40.5

4.5

8.47

0.13

3.42

29.11

11.53

5.46

DH49-88

U/G

0.0

18.9

18.9

4.81

0.07

2.33

37.69

7.14

3.39

DH44-91

U/G

65.2

69.0

3.8

4.91

0.68

2.57

52.32

8.93

4.23

DH4-83

S

239.1

243.3

4.2

10.23

0.22

3.16

35.06

13.40

6.35

DH32-92

U/G

14.0

17.6

3.6

4.56

0.36

1.71

21.00

6.82

3.23

DH24-74

U/G

121.8

126.0

4.2

5.73

0.18

2.55

7.83

3.71

Metal prices used to determine metal equivalents were: Au $1291/oz, Ag $15.10/oz, Cu $2.87/lb, Zn $1.36/lb and Pb $0.92/lb
Metal equivalents assume 100% recoveries and metal prices are quoted in US dollars.
Hole Type- U/G- drill hole from underground workings. S- drill hole from surface

The following table lists some of the intercepts from the past drilling under the main area of historic mining (true widths unknown):

Main Area Drilling

Hole

Hole Type

From (m)

To
(m)

Length (m)

Zn (%)

Cu (%)

Pb (%)

Au (ppm)

Ag (ppm)

AuEq (ppm)

ZnEq (%)

CuEq (%)

DH10-96

U/G

151.1

161.9

10.8

3.85

0.25

1.88

0.11

15.83

4.38

6.06

2.87

DH10-97

U/G

0

41.4

41.4

3.44

0.60

1.85

0.26

36.76

5.00

6.91

3.28

DH10-96

U/G

151.1

161.9

10.8

3.85

0.25

1.88

0.11

15.83

4.38

6.06

2.87

DH19-97

U/G

38.6

52

13.4

3.28

0.25

0.67

0.05

11.97

3.27

4.52

2.14

DH19-97

U/G

52.3

80

27.7

5.20

0.23

2.01

0.09

22.05

5.44

7.53

3.57

DH2-90

S

387.1

394.5

7.4

3.64

0.40

1.64

0.07

23.14

4.38

6.07

2.87

DH35-86

U/G

42.15

49.15

7.0

4.26

0.38

1.77

28.45

6.72

3.18

DH40-90

U/G

65.1

70.4

5.3

6.58

0.64

3.33

45.15

10.91

5.17

DH47-92

U/G

34.8

39

4.2

4.56

0.20

1.87

38.89

6.88

3.26

DH47-92

U/G

43.95

50.1

6.2

7.39

0.19

3.86

92.44

11.90

5.64

DH49-92

U/G

4.95

21.5

16.6

3.76

0.59

2.21

48.28

7.28

3.45

DH58-91

U/G

31

35.3

4.3

3.82

0.23

1.36

25.00

5.63

2.67

Metal prices used to determine metal equivalents were: Au $1291/oz, Ag $15.10/oz, Cu $2.87/lb, Zn $1.36/lb and Pb $0.92/lb
Metal equivalents assume 100% recoveries and metal prices are quoted in US dollars.
Hole Type- U/G- drill hole from underground workings. S- drill hole from surface

The south end of the deposit shows the most likely area to test based on the holes that contain good grades and lie at the edges of the previously mined areas of the deposit. The following table lists some of the intercepts from the past drilling at the south end of the deposit (true widths unknown):

South End Drilling

Hole

Hole Type

From (m)

To (m)

Length (m)

Zn (%)

Cu (%)

Pb (%)

Au (ppm)

Ag (ppm)

AuEq (ppm)

ZnEq (%)

CuEq (%)

DH5-91

U/G

6.0

8.7

2.7

8.49

0.35

1.53

70.41

11.39

5.35

DH9-91

U/G

0.5

10.4

9.9

2.90

0.26

1.95

69.51

5.88

2.76

DH2301-75

U/G

16.6

20.0

3.4

7.82

0.22

5.18

11.79

5.59

DH2301-80

U/G

8.0

13.0

5.0

3.81

0.20

3.41

70.28

7.68

3.64

DH2302-75

U/G

6.55

10.5

4.0

6.50

0.58

5.00

11.11

5.26

DH2801-75

U/G

12.3

20.3

8.0

6.26

0.23

2.11

8.17

3.87

Metal prices used to determine metal equivalents were: Au $1291/oz, Ag $15.10/oz, Cu $2.87/lb, Zn $1.36/lb and Pb $0.92/lb
Metal equivalents assume 100% recoveries and metal prices are quoted in US dollars.
Hole Type- U/G- drill hole from underground workings. S- drill hole from surface

Development at the Bleikvassli mine spans several levels which extend for over a kilometer of strike length accessed via a portal and ramp system. Operations ceased at the mine in 1997 and there are no records of any subsequent development or exploration work.

Primary access to the Bleikvassli property is via paved road, with the site of the former mine connected by paved and maintained road to the town of Bleikvasslia, which is itself connected to the rest of Norway via the national highway system. Passenger rail service is available from Oslo or Trondheim to the town to Bjerka, 30 km to the north. The nearest airport is in Mo i Rana 60 km to the north, which has daily connecting flights to Oslo and Trondheim. Electrical power is actively supplied by commercial operators to the site of the Bleikvassli mine. Concentrates or mining equipment could be shipped through the port of Mo i Rana.

Norra, in conjunction with our partner EMX Royalty, are in the process of submitting the appropriate permits to the Norwegian government authorities for planned exploration programs. Management will be on site beginning May 1st to continue advancing the exploration planning and will meet with surface rights holders and the local Sami indigenous community to keep them informed as to our activities.

About Norra Metals Corp.

Norra Metals Corp. is a Canadian-based junior exploration company comprised of highly qualified mining professionals with two very prospective copper-gold exploration projects located in northwestern British Columbia on or within the Golden Triangle and now three exciting zinc-copper-lead-silver projects in Norway and an additional prospective zinc-copper-silver-gold project in Sweden. Norra has filed our NI43-101 reports on SEDAR on all four of our newly acquired Scandinavian properties; Bastuträsk in Sweden, and the three Norwegian properties; Bleikvassli, Meråker and Sagvoll.

ON BEHALF OF THE BOARD OF
NORRA METALS CORP.

Per: ”Minaz Devji”

Minaz Devji,
CEO and Director

Contact info:
Tel: (604) 258-8666
Email: mike.devji@norrametals.com

This news release was prepared by Company management, who take full responsibility for its content. George Cavey P.Geo., Director, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators and has reviewed and approved the technical disclosure in this 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.

SOURCE: Norra Metals Corp.

ReleaseID: 543191

Rekor Systems, Inc. Announces Completion of Name Change from Novume Solutions, Inc.

CHANTILLY, VA / ACCESSWIRE / April 30, 2019 / Rekor Systems, Inc. (NASDAQ: REKR)(“Rekor”) announced today the completion of its name change from Novume Solutions, Inc. (NASDAQ: NVMM), as announced on March 29, 2019. Effective as of today’s opening, the company will trade on the Nasdaq Stock Market under its new name and trading symbol: REKR.

The name change serves to further align the company with its current focus on technology solutions and applications, particularly within the automatic license plate recognition (ALPR) and vehicle recognition systems market, as announced last month. In addition to the name change, the company’s Board of Director’s granted approval for management to explore a corporate realignment of businesses that are not core to the ALPR industry.

“We are pleased to complete this process as we continue to focus our business initiatives on the burgeoning ALPR and vehicle recognition systems industry. We believe that our core suite of AI-powered technology solutions could be a game-changer within the industry. As Rekor Systems, our commitment to this market is evident,” said Robert A. Berman, President and CEO of Rekor.

The line of hardware and software solutions and applications offered by subsidiary Rekor Recognition Systems, Inc. is powered by OpenALPR software, which Rekor recently acquired. This software, which was developed using artificial intelligence algorithms and extensive machine learning, dramatically improves performance of automated license plate readers. According to Wiseguy Reports, as of April 2018, the global ALPR systems market is expected to reach $4.25B by 2023.

Traditional ALPR systems use an optical character recognition (OCR) process to identify a license plate. Using Rekor’s hardware and integration expertise, OpenALPR’s industry-leading software has been used to create ALPR devices with capabilities that significantly surpass OCR systems, at a greatly reduced user cost. The products support a wider field of view and can identify, in real-time, the license plate number, as well as the vehicle color, make and model under varying weather and lighting conditions and at high vehicle speeds. As a result, Rekor is able to offer greater flexibility and lower costs for systems that support toll collections, parking systems, traffic management and security for government, corporate, educational and private clients, as well as for Rekor Recognition Systems’ traditional law enforcement clientele.

About Rekor Systems, Inc.

Rekor Systems, Inc. (NASDAQ: REKR), a Delaware company, is the parent organization of Maryland-based Rekor Recognition Systems, Inc. Rekor provides advanced vehicle recognition systems, powered by its innovative OpenALPR software, which dramatically improve the accuracy of license plate reads and also identify the make, model and color of vehicles. Rekor’s products can be used for law enforcement, security and surveillance, electronic toll collection, parking operations, banking and insurance, logistics, traffic management and customer loyalty. Rekor’s solutions include mobile and fixed license plate readers, “Move Over” law enforcement, school bus stop-arm enforcement, red light and speed enforcement, parking enforcement and citation management. Rekor’s applications and solutions are intelligent, flexible, and leading the next generation of ALPR. To learn more, please visit rekorsystems.com.

Forward-Looking Statements

This press release includes statements concerning Rekor Systems, Inc. and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the impact of Rekor’s core suite of AI-powered technology and the size of the market for global ALPR systems. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” by the negative of these terms or by other similar expressions. You are cautioned that such statements are subject to many risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual circumstances, events or results may differ materially from those projected in the forward-looking statements, particularly as a result of various risks and other factors identified in our filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events, or otherwise.

Media Contact:

Matthew Bretzius
FischTank Marketing and PR
matt@fischtankpr.com

Investor Contact:

Robert Berman
Rekor Systems, Inc.
ir@rekorsystems.com

SOURCE: Rekor Systems, Inc.

ReleaseID: 543383

Hancock Jaffe Mourns the Loss of Director Marc Robins

IRVINE, CA / ACCESSWIRE / April 30, 2019 / Hancock Jaffe Laboratories, Inc. (Nasdaq: HJLI, HJLIW), a developer of medical devices that restore cardiac and vascular health, announces the passing of its director, Marc Robins. Mr. Robins passed away from complications from chronic venous insufficiency.

Robert Berman, Hancock Jaffe’s Chief Executive Officer stated, ”It is ironic that Marc lost his life to the same disease that our VenoValve is being developed to address. Marc was a big proponent of Hancock Jaffe and his unwavering support and sense of humor will be greatly missed. We will continue the fight against chronic venous insufficiency in Marc’s honor and we send our deepest sympathies to Marc’s wife Barbara and his entire family.”

Chronic Venous Insufficiency (CVI) of the deep vein system is a condition that occurs when the valves in the veins of the venous system of the leg are injured or destroyed, causing blood to flow backwards (reflux) and pool in the lower extremities, and resulting in increased venous pressure (venous hypertension). Severe CVI often results in significant disability which includes swelling, intense pain, and skin ulcerations that become ongoing, open wounds. Approximately 2.6 million patients in the U.S. suffer from CVI due to reflux in the deep venous system, and there are currently no FDA approved treatments for the condition.

Mr. Robins was one of Hancock Jaffe’s three independent directors. A memorial service for Mr. Robins is planned for Saturday, May 18, 2019 from 2:00 to 5:00 p.m. Pacific time at Trinity Lutheran Church, 5520 NE Killingsworth, Portland, Oregon.

About Marc W. Robins

Marc W. Robins, CFA was an experienced fund manager, publisher and equity analyst. Most recently, he was the fund manager at Crown Capital Management LP, a new micro-cap and small-cap fund he started in July 2018. Since 2003, Mr. Robins founded and has been a registered investment advisor at Catalyst Financial Resources LLC, a provider of institutional level research for micro-cap companies. Catalyst Financial is the follow-on to The Red Chip Review, which Mr. Robins launched in 1993. At its peak, Red Chip provided research coverage on over 500 companies and had a subscriber base of over 7,000 investors, 100 brokerage offices and 25 money managers. Red Chip was sold in 2002. In addition to Red Chip, Mr. Robins has been published in numerous national publications including The Wall Street Journal, Bloomberg, Investor’s Business Daily, Kiplinger’s, and Forbes, where he had his own column for 8 years. For more information on Marc Robins, please click here.

About Hancock Jaffe Laboratories, Inc.ancock Jaffe Laboratories (NASDAQ: HJLI) specializes in developing and manufacturing bioprosthetic (tissue based) medical devices to establish improved standards of care for treating cardiac and vascular diseases. Hancock Jaffe currently has two lead product candidates: the VenoValve®, a porcine based valve which is intended to be surgically implanted in the deep venous system of the leg to treat reflux associated with Chronic Venous Insufficiency; and the CoreoGraftÒ, a bovine tissue based off the shelf conduit intended to be used for coronary artery bypass surgery. Hancock Jaffe has a third product candidate, which is a porcine tissue-based heart valve, which may be a candidate for pediatric aortic/mitral valve replacement. Hancock Jaffe has a 19-year history of developing and producing FDA approved medical devices that sustain or support life. The current management team at Hancock Jaffe has been associated with over 80 FDA or CE marked medical devices. For more information, please visit HancockJaffe.com.

Cautionary Note on Forward-Looking Statements

This press release and any statements of stockholders, directors, employees, representatives and partners of Hancock Jaffe Laboratories, Inc. (the ”Company”) related thereto contain, or may contain, among other things, certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. Actual results (including, without limitation, the performance of the new board members described herein) may differ significantly from those set forth or implied in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control). The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future presentations or otherwise, except as required by applicable law.

HJLI Press Contacts:

Amy Carmer
Tel: 949-261-2900
Email: ACarmer@HancockJaffe.com

Media & Investor Relations Contact:

MZ North America
Chris Tyson
Managing Director
(949) 491-8235
HJLI@mzgroup.us
www.mzgroup.us

SOURCE: Hancock Jaffe Laboratories, Inc.

ReleaseID: 543412

Kushco Holdings, Inc. Announces The Private Placement Of US$21,300,000 Senior Unsecured Note

GARDEN GROVE, CA / ACCESSWIRE / April 30, 2019 / KushCo Holdings, Inc. (OTCQB: KSHB) (”KushCo” or the ”Company”), the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Innovations, which provide a range of products and services for a variety of industries including the regulated cannabis and CBD industries, announced today that it has entered into a definitive agreement with an institutional investor for a private placement of a senior unsecured note (the ”Note” or the ”Offering”) with an aggregate principal amount of US$21,300,000. The Offering is expected to close on or about April 30, 2019, subject to customary closing conditions.

The Note will be an unsecured senior obligation of the Company. The Note will mature on the 18th month anniversary of the closing date, unless earlier redeemed by the Company. The Note is being issued at an original issue discount and will not bear additional interest (subject to the occurrence of certain events of default).

The Company may redeem the Note in full, at any time, provided that the cash redemption price equals the purchase price for the Note (US$20,000,000 after deduction of the original issue discount) multiplied by a redemption percentage.

KushCo’s Chief Executive Officer, Nick Kovacevich, commented, ”We are thrilled to announce this unsecured, non-dilutive financing structure to support our company’s rapid growth. The terms of this note represent a dramatic improvement in our ability to secure financing with a lower cost of capital and is indicative of more attractive financing alternatives within the cannabis industry.”

The Company intends to use the net proceeds of the Offering for general corporate purposes.

Canaccord Genuity LLC is acting as the sole placement agent in connection with the Offering.

The Note has not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from such registration requirements.

This announcement is neither an offer to sell nor a solicitation of an offer to buy the Note, nor will there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About KushCo Holdings

KushCo Holdings, Inc. (OTCQB: KSHB) (www.kushco.com) is the premier producer of ancillary products and services to the cannabis and hemp industries. KushCo Holdings’ subsidiaries and brands provide, product quality, exceptional customer service, compliance knowledge and a local presence in serving its diverse customer base.

Founded in 2010, KushCo Holdings has now sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.

The Company has been featured in media nationwide, including CNBC, Los Angeles Times, TheStreet.com, Entrepreneur, and business magazine Inc. While KushCo Holdings provides products and solutions to customers in the cannabis and CBD industries, it has no direct involvement with the cannabis plant or any products that contain THC or CBD.

For more information, visit www.kushco.com or call (888)-920-5874.

KushCo Holdings Contacts

Media Contact:
Anne Donohoe / Nick Opich
KCSA Strategic Communications
212-896-1265 / 212-896-1206
adonohoe@kcsa.com / nopich@kcsa.com

Investor Contact:
Phil Carlson / Elizabeth Barker
KCSA Strategic Communications
212-896-1233 / 212-896-1203
ir@kushco.com

Forward-Looking Information
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: ”potential,””expect”, ”look forward,” ”believe,””dedicated,””building,” or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC), available at: www.sec.gov, and on the Company’s website at: www.kushco.com.

SOURCE: KushCo Holdings, Inc.

ReleaseID: 543444