TORONTO, ON / ACCESSWIRE / August 27, 2019 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) (“Pelangio” or the “Company”) is pleased to announce that it has completed a re-evaluation of the Grenfell property in order to plan for a winter diamond drill program. The property is comprised of 38 mining cells and 8 leased claims covering an area of approximately 6.7 square kilometers (“km”) and is located 10 km northwest of the Town of Kirkland Lake Ontario (see Map 1, Grenfell Project General Geology).

Ingrid Hibbard, President and CEO of Pelangio, commented, “In light of the recent rise in the gold price, we are very pleased to have this historic gold property included in our property portfolio. Considerable exploration expenditures have been made on this property over many years by Kirkland Consolidated Gold Mines, John Sirola, Sedex Resources, and SGX Resources. These efforts have given us a better understanding of the property geology demonstrating that it has excellent potential for both narrow vein high grade and bulk tonnage gold deposits.”

Grenfell Property Historic Data Summary

Gold mineralization was first discovered on the property in the early 1920’s. From the early 1930’s to about 1941, a series of major exploration campaigns were conducted; this work included 265 feet of shaft sinking, over 2000 feet of underground development on two levels, and a bulk sampling program to evaluate two of the vein systems. Exploration efforts ceased on the property during World War II. In 1985, a geological report was completed on the property by John Londry, P.Eng. (J. Londry, P.Eng., “Report on the John Sirola Property, Grenfell Township, 1985”), which documented the following points of interest on the various veins:

The property hosts five distinct gold bearing zones. These zones in order of importance are the No.1 Vein, Sirola Vein, No. 6 Vein, Shea Vein and Shaft Vein.

Significant work was conducted on the No.1 Vein and Sirola Vein. The Sirola Vein is interpreted to be a possible splay vein from the No.1 Vein. Two separate bulk samples from the Sirola Vein (surface pit) and No.1 Vein (60-foot level) returned 21.7 tons at 0.456 oz/ton gold and 177 tons at 0.70 oz/ton gold respectively. (see Sirola Vein surface sample picture Figure 1)

The No.1 Vein was channel sampled along the drift on the 250-foot level which assayed 0.2 oz/ton gold across a 3-foot width for 180 feet of strike. The Londry report also stated that this drift should have continued in an easterly direction on the 250-foot level as values and vein structure suggested the vein continued.

Londry’s report states a third gold bearing zone, the No.6 Vein has a northwesterly trending strike orientation or a transverse strike relative to the No.1 Vein (southwest strike). The No.6 vein was drill tested with only three drill holes, these holes which returned 0.13 oz/ton gold over 10 feet, 2.22 oz/ton gold over 3 feet. and 0.25 oz/ton gold over 5 feet.

The Shea Vein also reported to be northwesterly striking structure is located approximately 700 feet southwest (“SW”) of the shaft collar. The 250-level drift was extended westward for 700 feet to evaluate the Shea Vein mineralization. Very limited data exists on this work but Londry’s report states a single historical drill hole on the Shea Vein returned 0.41 oz/ton gold over 3 feet.

The Shaft Vein was intersected during the course of shaft sinking; the vein entered the shaft at the 90-foot level and exited the shaft at the 150-level. When diluted to a width of one foot, the Shaft Vein returned 0.24 oz/ton gold over the 60-foot interval it remained in the shaft.

Subsequent to Londry’s work, a follow up drill program in 1987 was conducted by Neighbours Resources Inc. under the direction of Harry Dowaluck, F.G.A.C., Kirkland Lake Resident Geologist, Ministry of Northern Development and Mines. This program was focused on the No.1 Vein area. This program intersected a number of narrow high-grade intercepts but more importantly demonstrated some substantial potential for a near surface bulk tonnage zone. Some of the more representative intercepts from this program returned 0.075 oz/ton gold over 42 feet, 0.069 oz/ton over 39 feet and 0.049 oz/ton gold over 32 feet. (H. Dowaluck, B.A., F.G.A.C., Resident Geologist, “Summary Report on the John Sirola Property of Neighbours Resources Inc., 1988”).

In 1995, a limited drill program was conducted on the Grenfell property by Sedex Resources Inc. (“Sedex”) under the supervision of J. Kevin Filo, P.Geo. This program confirmed the potential of a near surface bulk tonnage zone documented by Dowaluck. Assay results in the immediate vicinity of the Shaft and No.1 Vein areas returned 2.60 g/t gold over 7.17 meters, 2.62 g/t gold over 13.72 meters and 1.77 g/t over 7.62 meters.

More recently, in 2012-2013, a property wide exploration program was conducted by SGX Resources Inc. (“SGX”) under the supervision of J. Kevin Filo, P.Geo. This program consisted of a compilation of historical data, and the completion of new geophysical and geochemical surveys. Upon completion of this work a preliminary phase of diamond drilling was conducted on various targets.

The SGX preliminary drill program resulted in the discovery of two new zones of mineralization and the presence of high-grade mineralization associated with the historic No. 6 Vein system. Approximately, 200 meters to the SW of the shaft two parallel NE-SW trending IP anomalies were drill tested; a single hole was completed in each anomaly. The first anomaly (SW Zone) returned 2.85 g/t gold over 8 meters including higher grade intercepts of 4.09 g/t gold over 4 meters and 9.41 g/t gold over 1 meter. The second anomaly (SW Zone South) returned 2.07 g/t gold over 3.5 meters including a higher-grade intersection of 6.47 g/t over 0.5 meters. Both IP anomalies associated with SW and SW South Zones remain untested for approximately 300 meters to the west.

SGX Resources also drilled a hole to test the historic northwest trending No.6 Vein on the 250-foot level. This hole returned a number of anomalous gold values along with a one-meter high grade intercept assaying 19.5 g/t gold.

The reader is cautioned that all of the aforementioned assay data is historical in nature. The corporation has relied on the work on other professionals. The corporation has not conducted drilling or bulk sampling to verify these historical numbers.

The following reports are referenced with respect to the Sedex and SGX work stated above:

1. “Geological Report on Mapping and Diamond Drilling on the Sirola Property, Grenfell Township, Northern Ontario for Sedex Mining”, by J. Kevin Filo, P.Geo., 1996

2. “Assessment Report for the 2013 Diamond Drilling Program on the Grenfell Property for SGX Resources”, by J. Kevin Filo, P.Geo., 2013

Future Plans

Upon completion of permitting, currently well under way, the corporation intends to conduct a 1200-meter drill program to follow up on the numerous historic gold zones on the property and evaluate a number of new coincident geophysical /geochemical anomalies from the SGX program that were not tested.

Qualified Person

Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.

In order to simplify the corporate property portfolio structure for accounting purposes, Pelangio has entered into an agreement with its wholly owned subsidiary, 5007223 Ontario Inc., to acquire a 100% interest in the Grenfell Property.

About Pelangio

Pelangio acquires and explores large land packages in world-class gold belts in Canada and Ghana, West Africa. In Canada, the company is focusing on the Dome West property located 800 metres from the Dome Mine in Timmins, the 25 km2 Birch Lake Property located in the Red Lake Mining District and the Dalton Property located 1.5 km from the Hollinger Mine in Timmins. In Ghana, the Company is focusing on two 100% owned camp-sized properties: the 100 km2 Manfo Property, the site of seven recent near-surface gold discoveries, and the 284 km2 Obuasi Property, located 4 km on strike and adjacent to AngloGold Ashanti’s prolific high-grade Obuasi Mine. Ghana is an English speaking, common law jurisdiction that is consistently ranked amongst the most favourable mining jurisdictions in Africa.

For additional information, please visit our website at www.pelangio.com, or contact:

Ingrid Hibbard, President and CEO
Tel: 905-336-3828 / Toll-free: 1-877-746-1632 / Email: info@pelangio.com

Forward Looking Statements

Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information include statements regarding the Company’s ability to complete the planned work programs, the Company’s strategy of acquiring large land packages in areas of sizeable gold mineralization, the Company’s plans to follow-up on previous work, and the Company’s exploration plans. With respect to forward-looking statements and information contained herein, we have made numerous assumptions, including assumptions about the state of the equity markets. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks include the changes in equity markets, share price volatility, volatility of global and local economic climate, gold price volatility, political developments in Ghana, and Canada, increases in costs, exchange rate fluctuations, speculative nature of gold exploration, including the risk that favourable exploration results may not be obtained, and other risks involved in the gold exploration industry. See the Company’s annual and quarterly financial statements and management’s discussion and analysis for additional information on risks and uncertainties relating to the forward-looking statement and information. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward- looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law. All forward-looking statements and information herein are qualified by this 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 or accuracy of this release.

Map 1. Grenfell Project General Geology

Figure 1. Sirola Vein surface sample

SOURCE: Pelangio Exploration Inc.

ReleaseID: 557472

VANCOUVER, BC / ACCESSWIRE / August 27, 2019 / GGL Resources Corp. (TSXV:GGL) (“GGL” or the “Company”) is pleased to announce it has completed the ground geophysical survey program on the Stein diamond project, Nunavut. The Company has the Option to earn a 60% undivided interest in Arctic Star Exploration Corp.’s (“Arctic Star”) wholly-owned Stein diamond project by discovering in-situ kimberlite. The Stein diamond property (“Stein”) consists of 4 contiguous prospecting permits covering an area of 1,065 square kilometers on the Southern Boothia Peninsula, 45 kilometers from tide water. It is located 85 kilometers northwest of the community of Taloyoak, Nunavut which is serviced daily by commercial flights and seasonally by barge.

The Company’s detailed ground magnetic survey program has delineated a number of very compelling targets that are consistent with magnetic signatures over known kimberlites which have intruded through Cambrian-Devonian age Arctic Platform carbonate rocks at parallel latitudes elsewhere in Canada’s north. Similar geology is found on the Stein project.

A broad range of kimberlite like signatures were defined during the surveys which further bolsters the possibility of Stein delivering a new kimberlite field. Many known kimberlite fields exhibit a variety of magnetic responses which represent kimberlites intruding under varied circumstances and conditions. These signatures range from isolated magnetic highs to strong dipolar features to elongate dyke-like responses. The Stein project has delivered all three of these emplacement style signatures including a large isolated magnetic high approximately 200 meters in diameter, multiple strong, discrete dipolar signatures as well as an elongate dyke-like signature over 800 meters in length. Maps showing several examples of priority targets at Stein along with magnetic signatures from known kimberlites in comparable host rocks at parallel latitudes are available at www.gglresourcescorp.com/projects/stein.

The high priority geophysical targets are interpreted to be intrusive in nature, occurring at the surface and covered by a sequence of glacial till. Although magnetic signatures of known kimberlites are not indicative of diamond content, the potential of the Stein cluster of high interest targets is further reinforced by heavy mineral samples collected down ice which contain indicator mineral grains that are indicative of diamond inclusion chemistry showing high chrome, low calcium G10D pyrope garnets.

Stein is a permitted, advanced diamond exploration project having the benefit of numerous successive exploration campaigns and over $1.5 million in previous expenditures. Drill testing has not been conducted on the project to date. The nearest known kimberlite discovery to Stein is over 230 kilometers to the southeast and perpendicular to the regional ice flow direction. The distance and direction greatly reduces the potential of the Stein mineral grains being an overprint from this field.

GGL will continue with further modeling and target prioritization in preparation for future drilling as the Stein project has now been further derisked and brought to the drill ready-stage.

The technical information in this news release has been approved by David Kelsch, P.Geo, President of GGL Resources Corp. and a qualified person for the purposes of National Instrument 43-101.

About GGL Resources Corp.

GGL is a seasoned Canadian-based junior exploration company focused on diamond exploration in Canada’s north with key projects in Nunavut as well as the Lac de Gras diamond district in the Northwest Territories. Lac de Gras is home to Canada’s first two diamond mines, the world class Diavik and Ekati mines discovered in the 1990’s. In addition to GGL’s key focus of diamond exploration, it holds diamond Royalties on mineral leases in close proximity to the Gahcho Kué diamond mine in the Northwest Territories. The Company also holds several encouraging base metal and gold projects in British Columbia and the Northwest Territories including the McConnell copper-gold porphyry and shear hosted gold project located 16 kilometers southeast of the Kemess Mine.

ON BEHALF OF THE BOARD

“David Kelsch”

David Kelsch
President, Chief Operations Officer and Director

For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at www.gglresourcescorp.com or contact:

Investor Inquiries

Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
r.drechsler@gglresourcescorp.com

Corporate Information

Linda Knight
Corporate Secretary
Tel: (604) 688-0546
info@gglresourcescorp.com

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.

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.

SOURCE: GGL Resources Corp.

ReleaseID: 557519

Trace Analytics Inc. is a Leading Cannabis Science and Technology Company with Significant Footprints in Lab Testing, Research and Development and Licensing

BEVERLY HILLS, CA / ACCESSWIRE / August 27, 2019 / Applied BioSciences Corp. (OTCQB:APPB) (“Applied” or the “Company”), a vertically integrated company focused on the development of science-driven cannabinoid biopharmaceuticals and the production of high-quality CBD products, today announced that its majority owned subsidiary, Trace Analytics Inc., entered into a contract for services with the Washington State Department of Agriculture (WSDA) on July 24, 2019. This contract will include testing Industrial Hemp samples and include percentage testing for post-decarboxylation delta 9-tetrahydrocannabidiol (THC) and delta 9-tetrahydocannabinolic acid (THC-A).

The WSDA has contracted Trace Analytics for the purpose of doing cannabinoid profiling for the State’s industrial hemp program to ensure the percentages of certain cannabinoids are below Federal limits.

“We are grateful to the WSDA and to have been chosen as the sole laboratory in Washington State to do cannabinoid profiling for the WSDA’s Industrial Hemp program. We believe this contract provides us with the significant opportunity to bolster and diversify our testing portfolio into industrial hemp and we hope to be able to partner with the agency for a long time to come,” commented Jason Zitzer, Chief Operating Officer of Trace Analytics. “Throughout the drafting, writing and ratification of the Washington State Hemp Bill, Trace Analytics has been an integral part of the process in working with the industry groups. We submitted all of the paperwork and submitted the hemp processors application along with a detailed site map to the WSDA for lab testing licensing consideration. We have already begun receiving samples and reporting results and to date, the program has gone extremely well.”

Trace Analytics Inc. is a leading cannabis science and technology company with significant footprints in lab testing, research and development and licensing. Trace Analytics was started by a group of scientists who specialized in analytical chemistry, genetics and molecular biology. The focus of the team is to ensure compliance with public safety standards and end user safety. Trace Analytics is in the process of expanding throughout the United States, and globally. With the goal of helping the rest of the world adopt “best practices” in cannabis and hemp testing, the Company also provides expert consulting services to legislators and regulators in many countries, states and municipalities around the world.

About Applied BioSciences Corp.

Applied BioSciences is a vertically integrated company focused on the development of science-driven cannabinoid therapeutics / biopharmaceuticals and delivering high-quality CBD products as well as state-of-the-art testing and analytics capabilities to our customers. For more information, visit the Company’s website.

Safe Harbor Statement

Except for historical information contained herein, statements in this release may be forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to Applied Biosciences Corp. (the “Company”) or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in the Company’s filings with the Securities and Exchange Commission. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as (i) the development and protection of our brands and other intellectual property, (ii) the need to raise capital to meet business requirements, (iii) significant fluctuations in marketing expenses, (iv) the ability to achieve and expand significant levels of revenues, or recognize net income, from the sale of our products and services, (v) the Company’s ability to conduct the business if there are changes in laws, regulations, or government policies related to cannabis, (vi) management’s ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and (vii) other information that may be detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor and Media Contact:

IR@appliedbiocorp.com
(833) 475-8247

SOURCE: Applied BioSciences Corp.

ReleaseID: 557510

TORONTO, ON / ACCESSWIRE / August 27, 2019 / Seven Aces Limited (formerly Quantum International Income Corp.) (the “Corporation” or “Aces”) (TSXV:ACES) is pleased to announce the filing of its financial results for the second quarter of fiscal 2019. The Corporation recently changed its fiscal year end date from February 28th to December 31st. For more information, please see the condensed interim consolidated financial statements of the Corporation for the second quarter ended June 30, 2019 and the related management’s discussion and analysis, which are available electronically on SEDAR (www.sedar.com) under Aces’ issuer profile. All figures are in U.S. dollars unless otherwise noted.

“We are pleased with the consistent nature of revenues generated in the second quarter. In addition to the strong quarterly results, subsequent to the quarter end we have increased our ownership stake in Lucky Bucks from 60% to 70% and have closed three acquisitions” said Manu K. Sekhri, Chief Executive Officer of Aces. “We have also purchased over 3.5 million shares as part of our NCIB program at attractive prices which we believe is accretive to Aces’ shareholders”.

Highlights – Quarter Ended June 30, 2019 (1)

Generated gaming revenues of approximately $19.9 million for the quarter ended June 30, 2019, compared to $19.3 million for the quarter ended May 31, 2018(2).
Generated Adjusted EBITDA of $7.7 million for the quarter ended June 30, 2019, compared to $8.0 million for the quarter ended May 31, 2018 (2).
Generated positive cash flow from operations of $4.98 million for the quarter ended June 30, 2019, compared to $2.71 million for the quarter ended May 31, 2018(2). Prior to non-cash changes to operating working capital the Corporation generated $5.9 million for the quarter ended June 30, 2019, compared to $4.0 million for quarter ended May 31, 2018(2).
Net profit of approximately $2.4 million for the quarter ended June 30, 2019, compared to a net loss of approximately $4.0 million for the quarter ended May 31, 2018(2).
Basic and diluted earnings per share for continuing operations was $0.017 and $0.014, respectively, for the quarter ended June 30, 2019, compared to a loss per share of $0.049 for the quarter ended May 31, 2018(2).
Subsequent to the quarter end, the Corporation completed four acquisitions that totaled twelve (12) location contracts – four (4) from Ambaji Amusement LLC., three (3) from Fareast Amusement Games, LLC and an additional five (5) from Ambaji Amusement LLC – for a combined purchase price of $4.9 million.
Subsequent to the quarter end, the Corporation increased its indirect ownership interest in Lucky Bucks, LLC (“Lucky Bucks”) from 60% to 70% in exchange for cash consideration of approximately $6.72 million as described in the press release dated July 16, 2019.

Note:
(1) These reported figures are based on consolidated results and do not reflect the impact of the non-controlling interest.

(2) The quarterly results presented in this press release are not directly comparable with the prior period due to the change in the Corporation’s fiscal year end from February 28th to December 31st. In prior years, the first quarter ending on May 31st was the Corporation’s strongest quarter as it covers tax refund season. However, the current period, which covers April to June 2019, includes relatively seasonally weaker revenue months.

About Seven Aces Limited

Seven Aces Limited (formerly Quantum International Income Corp.) is a gaming company, with a vision of building a diversified portfolio of world class gaming operations. The Corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the Corporation is the largest route operator of skill-based gaming machines in the State of Georgia, United States of America.

For more information about ACES is available online at www.sevenaces.com.

For further information please contact Aces:

Manish Grigo
Vice President, Corporate Affairs
Tel. (416) 569-3292
manish@sevenaces.com

Stephanie Lippa
Office Manager
Tel. (416) 477-3411
stephanie@sevenaces.com

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

Cautionary Statement Regarding Forward-Looking Information

This news release may contain forward-looking statements or “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements”). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. In this press release, forward-looking statements pertain, among other things, to the Corporation’s ability to deliver sustainable growth to its shareholders; the consistent nature of the Corporation’s revenues; the NCIB repurchases being accretive to all shareholders; the success of the Corporation in the Georgia gaming market; the ability of the Corporation to execute upon a consolidation strategy in the Georgia gaming market; and ACES stock not accurately reflecting value compared to similar sized gaming companies.

All forward-looking statements reflect the Corporation’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Corporation’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Corporation believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the digital gaming terminals being fully-licensed by the Georgia State Lottery; the continuation of the Corporation’s consolidation strategy in the Georgia gaming market; the growing footprint of Aces in the Georgia gaming market; generating value for the shareholders of the Corporation; the regulatory regime governing the business of Aces in Georgia; the exchange rate between the U.S. dollar and Canadian dollar; the ability to grow the business and generate stable distributions for shareholders; the availability of high-growth, high-margin opportunities; the consistent nature of revenues; purchasing shares as part of the NCIB at attractive prices is accretive to all shareholders and the execution of the Corporation’s business strategy.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the availability of opportunities to consolidate additional assets in the Georgia gaming market, the availability of investment opportunities on terms acceptable to the Corporation, the regulatory regime in the State of Georgia, the licensing regime governing the Georgia State Lottery, the exchange rate between the U.S. dollar and Canadian dollar, and other internal and external factors disclosed in the most recent annual information form of the Corporation and other documents publicly filed by the Corporation. Although Aces has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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.

The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

Non-IFRS Financial Measures

Statements in this news release make reference to Adjusted EBITDA, which is a non-IFRS (as defined herein) financial measure that the Corporation believes is appropriate to provide meaningful comparison with, and to enhance an overall understanding of, the Corporation’s past financial performance and prospects for the future. The Corporation believes that Adjusted EBITDA provides useful information to both management and investors by excluding specific expenses and items that management believe are not indicative of Aces’ core operating results. Adjusted EBITDA is a financial measure that does not have a standardized meaning under International Financial Reporting Standards (“IFRS”). Adjusted EBITDA is defined as earnings before other income, financing costs, income taxes, depreciation, amortization of property and equipment and intangible assets, stock-based compensation, foreign exchange, impairment, gain/loss on settlement of accounts payable, financing income, business acquisition costs, warrant fair value adjustment and derivative asset fair value adjustment. As there is no standardized method of calculating Adjusted EBITDA, it may not be directly comparable with similarly titled measures used by other companies. The Corporation considers Adjusted EBITDA to be a relevant indicator for measuring trends in performance and its ability to generate funds to service its debt and to meet its future working capital and capital expenditure requirements. Adjusted EBITDA is not a generally accepted earnings measure and should not be considered in isolation or as an alternative to net income (loss), cash flows or other measures of performance prepared in accordance with IFRS.

SOURCE: Seven Aces Limited

ReleaseID: 557553

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / Flughafen Zurich AG Unsponsored ADR (OTCPINK: UZAPF) will be discussing their earnings results in their 2019 First Half Earnings to be held on August 27, 2019 at 10:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-908F2740ACD0A

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 557471

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / Regis Corp. (NYSE: RGS) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on August 27, 2019 at 10:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-1D1A6A0F43DBA

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 557469

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / Barnes & Noble Education, Inc. (NYSE: BNED) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on August 27, 2019 at 10:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-AA9D088EAC820

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 557467

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / Mission Ready Solutions Inc. (TSX-V:MRS) will be presenting at this year’s Fall Investor Summit on September 16th-17th in New York City.

The Fall Investor Summit will take place at the Essex House, featuring 160 companies and over 1,000 institutional and retail investors.

About Mission Ready Solutions Inc.

Mission Ready innovates, manufactures and distributes leading defense and tactical solutions to prevent injuries and enhance the performance of military personnel, first responders and all those serving on the front lines by equipping them with the next generation of personal protective technologies.

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”), is 1 of 6 companies globally that is authorized to provide equipment and designated services under the multibillion-dollar Tailored Logistics Support (“TLS”) Program developed and supported by the United States Defense Logistics Agency (“DLA”). Unifire is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. As an incumbent awardee of DLA’s Special Operations Equipment (“SOE”) contract, with extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly efficient and scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.

About The Investor Summit

The Investor Summit (formerly MicroCap Conference) is an exclusive, independent conference dedicated to connecting smallcap and microcap companies with qualified investors.

To register as a presenting company: please contact Cassandra Miller (cassandra@microcapconf.com)

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SOURCE: Mission Ready Solutions Inc.

ReleaseID: 557427

MONTREAL, CANADA / ACCESSWIRE / August 27, 2019 / Xebec Adsorption Inc. (TSXV:XBC) (OTC PINK:XEBEF) (“Xebec”), a global provider of clean energy solutions is pleased to announce today it has been selected to present at the fourth annual MicroCap Leadership Summit, hosted by MicroCapClub, on Friday, September 27, 2019, at the Westin Chicago Northwest Hotel in Itasca, Illinois.

The Xebec presentation will be made by CEO Kurt Sorschak. The MicroCap Leadership Summit utilizes a small group format whereby the company will present to approximately 50 retail and institutional microcap investors throughout the day. The Company’s investor presentation will be available in the investor’s section of the Company’s website at www.xebecinc.com.

For more information about the MicroCap Leadership Summit, please visit http://microcapclub.com/summit/

Related links:

https://www.xebecinc.com

For more information:
Xebec Adsorption Inc.
Sandi Murphy, Director, Investor Relations and Marketing
+1 450.979.8718
smurphy@xebecinc.com

About MicroCapClub
MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $300m market cap) trading on United States, Canadian, European, and Australian equity marketplaces. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Investors can join our community by applying to become a member or subscribing to gain instant view only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information, visit http://microcapclub.com.

About Xebec Adsorption Inc.

Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.

Cautionary Statement

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. This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements, and subject to risks and uncertainties. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “seeks”, “expects”, “estimates”, “intends”, “anticipates”, “believes”, “could”, “might”, “likely” or variations of such words, or statements that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “will be taken”, “occur”, “be achieved” or other similar expressions. Forward-looking statements, including statements concerning future capital expenditures, revenues, expenses, earnings, economic performance, indebtedness, financial condition, losses and future prospects as well as the expectations of management of Xebec with respect to information regarding the business and the expansion and growth of Xebec operations, involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are subject to business and economic factors and uncertainties, and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risks factors set out in Xebec’s public documents, including in the most recent annual management discussion and analysis and annual information form, filed on SEDAR at www.sedar.com. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the uncertain and unpredictable condition of global economy, Xebec’s capacity to generate revenue growth, limited number of customers, and other factors. Although Xebec believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Xebec disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE: Xebec

ReleaseID: 557071

Potential for Additional Installs if Pilot Proves Successful

PHOENIX, AZ / ACCESSWIRE / August 27, 2019 / Taronis Technologies, Inc., (“Taronis” or “the Company”) (NASDAQ:TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that its majority-owned subsidiary, the Water Pilot, LLC (“Water Pilot”) has been awarded a paid pilot phase install for its Water Pilot water conservation technology. The install is scheduled to be completed in August at a large assisted living facility in Largo, Florida. This new client is a leading Florida assisted living facility operator.

“The Water Pilot technology and our Florida sales team continue to win new clients,” commented Scott Mahoney, CEO of Taronis. “Our technology is proven to reduce water consumption by approximately 20% for the typical residential or commercial property. This typically results in reductions of up to 35% in water utility bills. These statistics are supported by more than 100 documented Water Pilot installs to date.”

“Our sales team is using this compelling empirical data to win new client relationships at an accelerating rate. It is our goal to fully impact global residential and commercial water consumption using both the Water Pilot and the AI Navigator. Our technology has the potential to conserve 650 billion gallons of fresh water every day. This is a rare opportunity where we can provide a clear financial benefit through a non-invasive technology that drives a more sustainable global economy,” concluded Mr. Mahoney.

About Taronis Technologies, Inc.

Taronis Technologies, Inc. (TRNX) owns a patented plasma arc technology that enables two primary end use applications for fuel generation and water decontamination.

The Company’s fuel technology enables a wide use of hydrocarbon feedstocks to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene. The Company distributes its proprietary metal cutting fuel through Independent Distributors in the US and through its wholly owned distributors doing business as “MagneGas Welding Supply”. The Company operates 22 locations across California, Texas, Louisiana, and Florida.

The Company’s technology can also be implemented for the decontamination of waste water, including sterilizing water, eradicating all pathogens. The technology is being tested to determine if it can completely eliminate pharmaceutical contaminants such as antibiotics, hormones and other soluble drugs suspended in contaminated water. Lastly, the technology process is capable of reducing or eliminating other contaminants, such as harmful metals, as well as nitrogen, phosphorus, and potassium levels that trigger toxic algae blooms. The technology has prospective commercial applications in the agricultural, pharmaceutical, and municipal waste markets. For more information on Taronis, please visit the Company’s website at http://www.TaronisTech.com.

Taronis also owns a controlling interest in Water Pilot, LLC. The WATER PILOT® System immediately reduces water consumption and provides you with live remote consumption monitoring for long term leak protection and water asset management. An integral, client based alarm and notification system that reports to any mobile device. Water Pilot may be appropriate for a wide range of businesses or properties with a water meter. For more information, please visit The Water Pilot, LLC website at http://www.gowaterpilot.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

Investor Contacts:

Michael Khorassani
IR@TaronisTech.com

SOURCE: Taronis Technologies, Inc.

ReleaseID: 556436