Monthly Archives: December 2019

MGX Minerals Provides Status Update Regarding Management Cease Trade Order

VANCOUVER, BC / ACCESSWIRE / December 13, 2019 / MGX Minerals Inc., ("MGX" or the "Company") (CSE:XMG)(FKT:1MG)(OTC PINK:MGXMF), announces that further to its application for a Management Cease Trade Order ("MCTO"), which was granted by the British Columbia Securities Commission on November 29, 2019, the Company is required to provide bi-weekly status reports in accordance with the alternative information guidelines in National Policy 12-203 Management Cease Trade Orders (the "Guidelines") until such time as the Company has completed and filed its audited annual financial statements and management's discussion and analysis in respect of the financial year ended July 31, 2019 (the "Annual Filings").

The Company reports that, since its November 29, 2019 default announcement in respect of the MCTO (the "Default Announcement"), there has not been any failure by the Company to fulfill its intentions with respect to satisfying the provisions of the Guidelines, and there have been no additional defaults subsequent to such announcement.

At this time, the Company does not expect that there will be a change to its anticipated timing of filing the Annual Filings on or before December 19, 2019, and in any event before December 31, 2019.

The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default. The Company confirms as of the date of this news release that there has been no material change in the information contained in the Default Announcement, and there is no other material information concerning the affairs of the Company that has not been generally disclosed. In addition, the Company hereby confirms that it has not received any financing from any related party at this time.

The Company continues to work diligently to prepare the Annual Filings, and will continue to comply with the Guidelines until such deficiencies are remedied.

On behalf of the Board of Directors,

"Jared Lazerson"
Jared Lazerson, President and CEO

Contact Information
Jared Lazerson
President and CEO
Telephone: 1.604.681.7735
Web: www.mgxminerals.com

Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.

SOURCE: MGX Minerals Inc.

ReleaseID: 570271

Fincera Issues Statement Surrounding Recent Government Actions

SHIJIAZHUANG, HEBEI PROVINCE, CHINA / ACCESSWIRE / December 13, 2019 – Fincera Inc. ("Fincera" or the "Company") (OTCQB:YUANF), a leading provider of internet-based financing and ecommerce services for small and medium-sized businesses ("SMBs") and individuals in China, today provided a statement regarding recent events.

On December 13, 2019, the Shijiazhuang Municipal Public Security Bureau announced an investigation of Qingyidai, the Company's peer-to-peer (P2P) lending platform, for alleged illegal acceptance of public funds. Several employees of the Company were detained, including Chairman and CEO Mr. Yonghui Li. The Company's offices in Shijiazhuang and Beijing were raided by government personnel and the Company's servers were taken offline.

Fincera believes the Bureau's allegations are without merit. In fact, the Company strives to be a role model for compliance in the P2P industry. It has not only welcomed and openly supported the central government's efforts to regulate the P2P industry but has also been prompt in complying with new regulations that have been introduced. The Company vehemently disagrees with the investigation initiated by the local Shijiazhuang government and is pursuing all available legal options. Fincera hopes the central government will also become aware of this situation and that the investigation will be fair and transparent in order to deliver justice to all Fincera employees and customers. The Company remains committed to serving its investors, individuals, and SMBs in China, and appreciates the support of all its stakeholders as it works toward a swift resolution in these matters.

About Fincera Inc.

Founded in 2005, Fincera Inc. (OTCQB:YUANF) provides innovative internet-based financing and ecommerce services for small and medium-sized businesses and individuals in China. The Company works with a network of brokers in 31 provinces, municipalities, and autonomous regions across China. Fincera's primary service offerings include a credit advance/online payment-processing network and a web-based small business lending platform. The Company's website is http://www.fincera.net. Fincera trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. OTCQB companies are current in their reporting and undergo an annual verification and management certification process.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of the Company's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to materially differ from those set forth in the forward-looking statements:

legislation or regulatory environments, requirements, policies or changes affecting the financial services industry in China, including in the Hebei province, where Fincera is currently headquartered;
outcomes of any government or government-related reviews, inquiries, investigations, and related litigation, including the current inquiries by the Hebei financial bureau;
changes in government policy generally, both in China and in the U.S. at both national and local levels;
continued compliance with government regulations and policies;
the Company's ability to obtain sufficient resources to continue providing access to capital for its customers;
changing principles of generally accepted accounting principles;
fluctuations in consumer demand;
management of rapid growth;
general economic conditions;
fluctuations in sales of commercial vehicles in China;
China's overall economic conditions and local market economic conditions;
the Company's business strategy and plans, including its ability to expand through strategic acquisitions, the establishment of new locations, the discontinuance of certain products and services, and the introduction of new products and services;
the Company's ability to successfully integrate acquisitions;
credit risk affecting the Company's revenue and profitability, including its ability to manage the default risk of customers;
the results of future financing efforts; and
geopolitical events.

The information set forth herein should be read in light of such risks. The Company does not assume any obligation to update the information, including forward looking statements, contained in this press release.

CONTACT
At the Company

Jason Wang
Chief Financial Officer
(858) 997-0680 / jcwang@fincera.net

SOURCE: Fincera Inc.

ReleaseID: 570269

Doré Copper Mining Corp. annonce la conclusion d’une opération admissible et s’établit en tant qu’explorateur et développeur de cuivre-or dans la région de Chibougamau au Québec, Canada

Ne pas distribuer aux services de fil de presse des États-Unis ni diffuser aux États-Unis.

TORONTO, ON / ACCESSWIRE / le 13 décembre 2019 / Doré Copper Mining Corp. (anciennement la société de capital de démarrage ChaiNode Opportunities Corp.) (« Doré Copper » ou la « Société ») (TSXV:DCMC) est heureuse d'annoncer que, suite à son communiqué de presse complet daté du 19 août 2019, elle a complété l'acquisition de tous les titres émis et en circulation d'AmAuCu Mining Corporation (« AmAuCu ») constituant son « opération admissible » (au sens des politiques de la Bourse de croissance TSX) (l' « Opération admissible »). Avant la réalisation de l'Opération admissible, la Société a effectué un regroupement de ses actions ordinaires en circulation à raison d'une action ordinaire post-regroupement pour chaque tranche de 10,8 actions ordinaires pré-regroupement (le « Regroupement »), a changé sa dénomination sociale de « ChaiNode Opportunities Corp. » (« ChaiNode ») à « Doré Copper Mining Corp. » (le « Changement de dénomination sociale ») et a été prorogée en vertu de la Loi canadienne sur les sociétés par actions (la « Prorogation »). Le Regroupement, le Changement de dénomination sociale et la Prorogation, entre autres choses, ont été approuvés par les actionnaires de la Société à une assemblée annuelle et extraordinaire des actionnaires tenue le 21 août 2019.

L'Opération admissible a été réalisée au moyen d'une fusion triangulaire (la « Fusion ») aux termes de laquelle, entre autres choses, (i) AmAuCu a fusionné avec une filiale en propriété exclusive de la Société, constituée aux fins de la Fusion, conformément aux dispositions de la Loi canadienne sur les sociétés par actions, et (ii) toutes les actions ordinaires en circulation d'AmAuCu (« Actions d'AmAuCu ») ont été annulées et, en contrepartie, les porteurs ont reçu des actions ordinaires post-regroupement de la Société (« Actions de Doré Copper ») à raison d'une Action de Doré Copper pour chaque Action d'AmAuCu (le « Ratio d'échange »). Dans le cadre de la réalisation de l'Opération admissible, les Actions de Doré Copper seront inscrites à la Bourse de croissance TSX sous le symbole « DCMC ». Il est prévu que la négociation des Actions de Doré Copper sous le nouveau symbole boursier débutera le 17 décembre 2019.

Immédiatement après la réalisation de la Fusion, la société issue de la Fusion a réalisé une fusion verticale simplifiée avec sa filiale en propriété exclusive, CBAY Minerals Inc., pour former une nouvelle société qui continuera sous la dénomination « CBAY Minerals Inc. » (« CBAY ») en tant que filiale en propriété exclusive de la Société.

La Société, par l'entremise de CBAY, est engagée dans l'acquisition, l'exploration et l'évaluation de propriétés minières et détient une participation de 100 % dans le projet d'exploration Corner Bay et le projet d'exploration Cedar Bay, tous deux situés à proximité de Chibougamau, au Québec. De plus, la Société possède une usine de traitement de 2 700 tpj et un parc à résidus qui ont été autorisés par le passé. La Société prélève chaque semaine des échantillons d'effluent d'eau du parc à résidus et la qualité de l'eau est conforme à tous les règlements provinciaux et fédéraux. Au cours des deux dernières années, alors qu'elle exerçait ses activités à titre de société privée, AmAuCu a effectué 19 000 mètres de forage à Corner Bay et à Cedar Bay, augmentant ainsi l'estimation des ressources minérales du projet Corner Bay et établissant une nouvelle estimation des ressources minérales pour le projet Cedar Bay. Le projet Corner Bay possède des ressources indiquées de 1,35 Mt à des teneurs moyennes de 3,01 % Cu et 0,29 g/t Au, contenant 89,8 millions de livres de cuivre et 13 000 onces d'or, et des ressources présumées de 1,66 Mt à des teneurs moyennes de 3,84 % Cu et 0,27 g/t Au, contenant 140,3 millions de livres de cuivre et 15 000 onces d'or, en utilisant une teneur de coupure de 1,5 % Cu et un prix du cuivre de 3,25 $US la livre. Le projet Cedar Bay possède des ressources indiquées de 130 kt à des teneurs moyennes de 9,44 g/t Au et 1,55 % Cu, contenant 39 000 onces d'or et 4,4 millions de livres de cuivre, et des ressources présumées de 230 kt à des teneurs moyennes de 8,32 g/t Au et 2,13 % Cu, contenant 61 000 onces d'or et 10,8 millions de livres de cuivre, en utilisant une teneur de coupure de 2,9 g/t Au et un prix de l'or de 1 400 $US l'once. Le programme de forage a permis d'accroître les ressources du projet Corner Bay et de confirmer la présence de trois veines à haute teneur au même niveau au fond du puits du projet Cedar Bay. Les deux gisements sont ouverts latéralement et en aval-pendage. La Société prévoit accroître davantage ses ressources en faisant le suivi des résultats de forage de 2018 à Corner Bay, latéralement, tels que CB-18-07, qui a recoupé 13,3 mètres à 3,45 % Cu, CB-18-06, qui a recoupé 12,3 mètres à 2,33 % Cu, et CB-18-05, qui a recoupé 6,55 mètres à 4,11% Cu. Le suivi à Cedar Bay se concentrera sur l'expansion des ressources à proximité du sondage CDR-18-02, qui a recoupé 2,4 mètres à 19,5 g/t Au et 1,67 % Cu, et CDR-18-18-03, qui a recoupé 2,4 mètres à 15,4 g/t Au et 4,54 % Cu, ainsi que sur des veines parallèles. Pour de plus amples renseignements, veuillez consulter le rapport technique intitulé « Technical Report on the Corner Bay and Cedar Bay Projects, Northwest Québec, Canada » daté du 15 juin 2019 et préparé par Luke Evans, M.Sc., P.Eng., et disponible sur SEDAR à www.sedar.com.

Après la réalisation de l'Opération admissible, les dirigeants et les administrateurs de la Société sont les suivants :

Mario Stifano, président exécutif du conseil d'administration
Ernest Mast, président, chef de la direction et administrateur
Gavin Nelson, chef de la direction financière et secrétaire corporatif
Frank Balint, administrateur
Joseph de la Plante, administrateur
Sara Heston, administrateur
Matt Manson, administrateur
Brent Omland, administrateur

Ernest Mast, président et chef de la direction de la Société, a déclaré : « Nous sommes très heureux d'avoir réalisé l'Opération admissible afin de pouvoir commencer la négociation des actions de Doré Copper Mining Corp. Le district de Chibougamau possède un excellent potentiel et nous sommes heureux de poursuivre avec succès nos programmes de forage afin d'identifier d'autres ressources de cuivre et d'or à haute teneur et ultimement de redémarrer les opérations aux mines de cuivre et d'or à haute teneur dans un district qui a produit plus de 3,2 millions d'onces d'or et 1,6 milliard de livres de cuivre. Le Québec et la région d'Eeyou Istchee (Baie James) représentent une excellente juridiction minière et nous avons hâte de travailler avec les Premières nations et les autres intervenants pour faire avancer nos projets. »

Mario Stifano, président exécutif du conseil d'administration de la Société, a déclaré : « D'importants investissements ont été faits en tant que société privée pour forer et faire avancer les projets et je suis très heureux de voir que la Société a réussi à entrer en bourse et à reprendre ses activités dans ce formidable camp géologique. Doré Copper a attiré un conseil d'administration et une équipe de direction de premier plan avec un solide soutien financier à long terme et je tiens à remercier les investisseurs et les parties prenantes qui ont rendu cela possible. »

Au cours du jour ouvrable précédant immédiatement la réalisation de la Fusion, chacun des 3 861 983 reçus de souscription (les « Reçus d'AmAuCu ») émis par AmAuCu le 4 novembre 2019 aux termes d'un placement privé avec courtier complété par AmAuCu par l'entremise de Corporation Canaccord Genuity et BMO Nesbitt Burns Inc., à titre de placeurs pour compte, ont été automatiquement convertis, sans paiement d'une contrepartie supplémentaire ou toute autre mesure prise par les porteurs, en une unité d'AmAuCu (une « Unité d'AmAuCu »), conformément à leurs modalités. Chaque Unité d'AmAuCu était composée d'une Action d'AmAuCu et d'un demi-bon de souscription d'action ordinaire d'AmAuCu (chaque bon de souscription d'action ordinaire entier, un « Bon d'AmAuCu »). De plus, au cours du jour ouvrable précédant immédiatement la réalisation de la Fusion, AmAuCu a réglé une dette totale d'environ 2 043 389,40 $ en contrepartie de l'émission de 1 571 838 Actions d'AmAuCu à un prix réputé de 1,30 $ par Action d'AmAuCu. Au moment de l'entrée en vigueur de la Fusion, entre autres choses, les Actions d'AmAuCu en circulation (y compris les Actions d'AmAuCu comprenant les Unités d'AmAuCu émises lors de la conversion automatique des Reçus d'AmAuCu) et les Bons d'AmAuCu ont été échangés contre des Actions de Doré Copper et des bons de souscription d'achat d'actions ordinaires de la Société (les « Bons de remplacement de Doré Copper »), respectivement, sur la base du Ratio d'échange. Chaque Bon de remplacement de Doré Copper confère à son porteur le droit d'acquérir une Action de Doré Copper au prix de 1,95 $ par Action de Doré Copper à tout moment au plus tard le 4 novembre 2021, sous réserve de rajustements dans certains cas. De plus, au moment de l'entrée en vigueur de la Fusion, 188 260 bons de souscription de courtier d'AmAuCu émis dans le cadre du placement privé ont été échangés contre des bons de souscription de courtier de la Société (les « Bons de courtier de remplacement de Doré Copper ») sur la base du Ratio d'échange. Chaque Bon de courtier de remplacement de Doré Copper confère à son porteur le droit d'acquérir une Action de Doré Copper au prix de 1,30 $ par Action de Doré Copper au plus tard le 13 décembre 2021, sous réserve de rajustements dans certains cas.

Aucune fraction d'Action de Doré Copper n'a été émise aux termes du Regroupement. Si, par suite du Regroupement, un porteur d'actions ordinaires pré-regroupement avait par ailleurs droit à une fraction d'Action de Doré Copper, le nombre d'Actions de Doré Copper pouvant être émis à ce porteur a été arrondi au nombre entier inférieur. Par suite de la Fusion, 25 710 011 Actions de Doré Copper sont en circulation, dont 24 876 678 Actions de Doré Copper, représentant environ 96,76 % des Actions de Doré Copper actuellement en circulation, sont détenues par les anciens actionnaires d'AmAuCu. De plus, un total de 3 417 860 Actions de Doré Copper ont été réservées pour émission lors de l'exercice des Bons de remplacement de Doré Copper, des Bons de courtier de remplacement de Doré Copper, des options de remplacement de Doré Copper, des anciennes options d'achat d'actions de ChaiNode et des anciennes options de placeurs pour compte de ChaiNode.

Les titres offerts n'ont pas été inscrits en vertu de la United States Securities Act of 1933, dans sa version modifiée, ou d'une loi sur les valeurs mobilières d'un État, et ne peuvent être offerts ou vendus aux États-Unis sans inscription ou dispense de cette exigence d'inscription. Le présent communiqué de presse ne constitue pas une offre de vente ou la sollicitation d'une offre d'achat aux États-Unis et les titres ne peuvent être vendus dans un État où une telle offre, sollicitation ou vente serait illégale.

Pour de plus amples renseignements concernant l'Opération admissible, Doré Copper Mining Corp., AmAuCu Mining Corporation et CBAY Minerals Inc., veuillez consulter la déclaration de changement à l'inscription de ChaiNode Opportunities Corp. datée du 28 novembre 2019, qui est disponible sur SEDAR au www.sedar.com.

Andrey Rinta, P.Geo., gérant de l'exploration de la Société et une personne qualifiée au sens du Règlement 43-101, a révisé et approuvé l'information technique contenue dans ce communiqué.

Pour de plus amples renseignements, veuillez communiquer avec:

Ernest Mast
Président et chef de la direction
Téléphone : (647) 921-0501
Courriel : emast@dorecopper.com

Mise en garde concernant les énoncés prospectifs

Le présent communiqué de presse contient certains « énoncés prospectifs » aux termes des lois canadiennes sur les valeurs mobilières applicables. Les énoncés prospectifs comprennent, sans toutefois s'y limiter, des déclarations concernant le moment du début de la négociation et les plans et activités de la Société après la prise d'effet de l'Opération admissible. Les énoncés prospectifs sont nécessairement fondés sur un certain nombre d'estimations et d'hypothèses qui, bien que raisonnables, sont assujetties à des risques connus et inconnus, à des incertitudes et à d'autres facteurs qui pourraient faire en sorte que les résultats réels et les événements futurs diffèrent sensiblement de ceux exprimés ou sous-entendus par ces énoncés prospectifs. Ces facteurs comprennent, sans toutefois s'y limiter, les incertitudes commerciales, économiques, concurrentielles, politiques et sociales générales; les retards ou le défaut d'obtenir les approbations réglementaires; le prix de l'or et du cuivre; et les résultats des travaux d'exploration actuels. Rien ne garantit que ces déclarations s'avéreront exactes, car les résultats réels et les événements futurs pourraient différer sensiblement de ceux prévus dans ces déclarations. Par conséquent, les lecteurs ne devraient pas se fier indûment aux énoncés prospectifs. La Société décline toute intention ou obligation de mettre à jour ou de réviser tout énoncé prospectif, que ce soit à la lumière de nouveaux renseignements, d'événements futurs ou autrement, sauf si la loi l'exige.

La Bourse de croissance TSX et son fournisseur de services de réglementation (au sens attribué à ce terme dans les politiques de la Bourse de croissance TSX) n'assument aucune responsabilité quant à la pertinence ou à l'exactitude du présent communiqué.

LA SOURCE: Doré Copper Mining Corp.

ReleaseID: 570265

Doré Copper Mining Corp. Announces Completion of Qualifying Transaction and Establishes Itself as a Copper–Gold Explorer and Developer in the Chibougamau Area of Québec, Canada

Not for Distribution to United States News Wire Services or for Dissemination in the United States.

TORONTO, ON / ACCESSWIRE / December 13, 2019 / Doré Copper Mining Corp. (formerly capital pool company ChaiNode Opportunities Corp.) ("Doré Copper" or the "Corporation") (TSXV:DCMC) is pleased to announce that, further to its comprehensive news release dated August 19, 2019, it has completed the acquisition of all of the issued and outstanding securities of AmAuCu Mining Corporation ("AmAuCu") constituting its "Qualifying Transaction" (within the meaning of the policies of the TSX Venture Exchange) (the "Qualifying Transaction"). Prior to the completion of the Qualifying Transaction, the Corporation effected a consolidation of its outstanding common shares on the basis of one post-consolidation common share for every 10.8 pre-consolidation common shares (the "Consolidation"), changed its name from "ChaiNode Opportunities Corp." ("ChaiNode") to "Doré Copper Mining Corp." (the "Name Change") and continued under the Canada Business Corporations Act (the "Continuance"). The Consolidation, the Name Change and the Continuance, among other matters, were approved by the shareholders of the Corporation at an annual and special meeting of shareholders held on August 21, 2019.

The Qualifying Transaction was completed by way of a three-cornered amalgamation (the "Amalgamation") pursuant to which, among other things, (i) AmAuCu amalgamated with a wholly-owned subsidiary of the Corporation, incorporated for the purposes of the Amalgamation, pursuant to the provisions of the Canada Business Corporations Act, and (ii) all of the outstanding common shares of AmAuCu ("AmAuCu Shares") were cancelled and, in consideration therefor, the holders thereof received post-consolidation common shares of the Corporation ("Doré Copper Shares") on the basis of one Doré Copper Share for each AmAuCu Share (the "Exchange Ratio"). In connection with the completion of the Qualifying Transaction, the Doré Copper Shares will be listed on the TSX Venture Exchange under the ticker symbol "DCMC". It is anticipated that trading of the Doré Copper Shares under the new ticker symbol will commence on December 17, 2019.

Immediately following completion of the Amalgamation, the corporation resulting from the Amalgamation completed a vertical short form amalgamation with its wholly-owned subsidiary, CBAY Minerals Inc., to form a new corporation which will continue under the name "CBAY Minerals Inc." ("CBAY") as a wholly-owned subsidiary of the Corporation.

The Corporation, through CBAY, is engaged in the acquisition, exploration and evaluation of mineral properties and holds a 100% interest in the exploration-stage Corner Bay Project and the exploration-stage Cedar Bay Project, both located in the vicinity of Chibougamau, Québec. In addition, the Corporation has a past permitted 2,700 tpd mill and tailings management facility. The Corporation samples the water effluent from the tailings management facility on a weekly basis and the water quality meets all provincial and federal regulations. While operating as a private company over the last two years, AmAuCu drilled 19,000 meters at Corner Bay and Cedar Bay thereby increasing the mineral resource estimate at the Corner Bay Project and establishing a new mineral resource estimate at the Cedar Bay Project. The Corner Bay Project has an indicated resource of 1.35 Mt at average grades of 3.01% Cu and 0.29 g/t Au, containing 89.8 Mlb of copper and 13,000 ounces of gold, and an inferred resource of 1.66 Mt at average grades of 3.84% Cu and 0.27 g/t Au, containing 140.3 Mlb of copper and 15,000 ounces of gold, assuming a cut-off grade of 1.5% Cu and a copper price of US$3.25 per pound. The Cedar Bay Project has an indicated resource of 130 kt at average grades of 9.44 g/t Au and 1.55% Cu, containing 39,000 ounces of gold and 4.4 Mlb of copper, and an inferred resource of 230 kt at average grades of 8.32 g/t Au and 2.13% Cu, containing 61,000 ounces of gold and 10.8 Mlb of copper, assuming a cut-off grade of 2.9 g/t Au and a gold price of US$1,400 per ounce. The drill program has been successful at expanding the resources at the Corner Bay Project and confirming three high-grade veins at the same level at the bottom of the shaft at the Cedar Bay Project. Both deposits are open along strike and down dip. The Corporation plans to further expand resources by following up on the drill results from 2018 at Corner Bay along strike, such as CB-18-07, 13.3 meters intersecting 3.45% Cu, CB-18-06, 12.3 meters intersecting 2.33% Cu, and CB-18-05, 6.55 meters intersecting 4.11% Cu. Follow up at Cedar Bay will focus on expanding resources in the vicinity of CDR-18-02, 2.4 meters intersecting 19.5 g/t Au and 1.67% Cu, and CDR-18-18-03, 2.4 meters intersecting 15.4 g/t Au and 4.54% Cu, as well as at parallel veins. For further information, please see the technical report entitled "Technical Report on the Corner Bay and Cedar Bay Projects, Northwest Québec, Canada" dated June 15, 2019, prepared by Luke Evans, M.Sc., P.Eng., which is available on SEDAR at www.sedar.com.

Following completion of the Qualifying Transaction, the officers and directors of the Corporation are as follows:

Mario Stifano, Executive Chairman and Director
Ernest Mast, President, Chief Executive Officer and Director
Gavin Nelson, Chief Financial Officer and Corporate Secretary
Frank Balint, Director
Joseph de la Plante, Director
Sara Heston, Director
Matt Manson, Director
Brent Omland, Director

Ernest Mast, President and CEO of the Corporation, stated, "We are very pleased to have completed the Qualifying Transaction in order to commence trading of Doré Copper Mining Corp. The Chibougamau district has excellent potential and we are excited to continue our successful drill programs to identify additional high-grade copper and gold resources and to ultimately recommence operations at the high-grade copper and gold mines in a district that has produced over 3.2 million ounces of gold and 1.6 billion pounds of copper. Québec and the Eeyou Istchee (James Bay) area is an excellent mineral jurisdiction and we look forward to working with the First Nations and other stakeholders in advancing our projects."

Mario Stifano, Executive Chairman of the Corporation, stated, "Significant investment was made as a private company to drill and advance the projects and it gives me great pleasure to see the company succeed in going public and on a trajectory to recommence operations in this great geological camp. Doré Copper has attracted a premier Board and management team with strong long-term financial support and I would like to thank the investors and stakeholders that have made this possible."

On the business day immediately prior to the completion of the Amalgamation, each of the 3,861,983 subscription receipts (the "AmAuCu Subscription Receipts") issued by AmAuCu on November 4, 2019, pursuant to a brokered private placement completed by AmAuCu through Canaccord Genuity Corp. and BMO Nesbitt Burns Inc., as agents, were automatically converted, without payment of additional consideration or any further action by the holders thereof, into one unit of AmAuCu (an "AmAuCu Unit") in accordance with their terms. Each AmAuCu Unit was comprised of one AmAuCu Share and one-half of one common share purchase warrant of AmAuCu (each whole common share purchase warrant, an "AmAuCu Warrant"). Additionally, on the business day immediately prior to the completion of the Amalgamation, AmAuCu settled an aggregate of approximately $2,043,389.40 of debt in consideration for the issuance of an aggregate of 1,571,838 AmAuCu Shares at a deemed price of $1.30 per AmAuCu Share. At the effective time of the Amalgamation, among other things, outstanding AmAuCu Shares (including those AmAuCu Shares comprising the AmAuCu Units issued upon the automatic conversion of the AmAuCu Subscription Receipts) and AmAuCu Warrants were exchanged for Doré Copper Shares and common share purchase warrants of the Corporation ("Doré Copper Replacement Warrants"), respectively, on the basis of the Exchange Ratio. Each Doré Copper Replacement Warrant entitles the holder thereof to acquire one Doré Copper Share at a price of $1.95 per Doré Copper Share at any time on or before November 4, 2021, subject to adjustment in certain events. In addition, at the effective time of the Amalgamation, 188,260 broker warrants of AmAuCu issued in connection with the private placement were exchanged for broker warrants of the Corporation ("Doré Copper Replacement Broker Warrants") on the basis of the Exchange Ratio. Each Doré Copper Replacement Broker Warrant entitles the holder thereof to acquire one Doré Copper Share at a price of $1.30 per Doré Copper Share at any time on or before December 13, 2021, subject to adjustment in certain events.

No fractional Doré Copper Shares were issued pursuant to the Consolidation. If, as a result of the Consolidation, a holder of pre-consolidation common shares was otherwise entitled to a fraction of a Doré Copper Share, the number of Doré Copper Shares issuable to such holder was rounded down to the nearest whole number. As a result of the Amalgamation, there are 25,710,011 Doré Copper Shares outstanding, of which 24,876,678 Doré Copper Shares, representing approximately 96.76% of the currently outstanding Doré Copper Shares, are held by the former AmAuCu shareholders. In addition, an aggregate of 3,417,860 Doré Copper Shares have been reserved for issuance upon the exercise of Doré Copper Replacement Warrants, Doré Copper Replacement Broker Warrants, Doré Copper Replacement Options, former stock options of ChaiNode and former agent options of ChaiNode.

The securities offered have not been registered under the United States Securities Act of 1933, as amended, or any state securities law, and may not be offered or sold in the United States absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

For further information regarding the Qualifying Transaction, Doré Copper Mining Corp., AmAuCu Mining Corporation and CBAY Minerals Inc., please see the filing statement of ChaiNode Opportunities Corp. dated November 28, 2019, which is available on SEDAR at www.sedar.com.

Andrey Rinta, P.Geo., the Exploration Manager of the Corporation and a "Qualified Person" within the meaning of National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

For further information, please contact:

Ernest Mast
President and Chief Executive Officer
Phone: (647) 921-0501
Email: emast@dorecopper.com

Cautionary Note Regarding Forward-Looking Statements

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 the timing for the commencement of trading and the plans and operations of the Corporation after giving effect to the Qualifying Transaction. Forward-looking statements are necessarily based upon a number of estimates and 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: general business, economic, competitive, political and social uncertainties; delay or failure to receive regulatory approvals; the price of gold and copper; and the results of current exploration. 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. 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 as required by law.

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.

SOURCE: Doré Copper Mining Corp.

ReleaseID: 570260

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of INFY, YJ and ACB

NEW YORK, NY / ACCESSWIRE / December 13, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Infosys Limited (NYSE:INFY)

Investors Affected: July 7, 2018 – October 20, 2019

A class action has commenced on behalf of certain shareholders in Infosys Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company's finance team to hide information from auditors and the Company's Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants' statements about Infosys's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/infosys-limited-loss-submission-form/?id=4887&from=1

Yunji Inc. (NASDAQ:YJ)

Investors Affected: on behalf of shareholders who purchased or otherwise acquired Yunji American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's May 2019 initial public offering.

A class action has commenced on behalf of certain shareholders in Yunji Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was shifting certain of its sales to its marketplace platform; (2) this supply chain restructuring was likely to disrupt Yunji's relationships with suppliers; (3) this supply chain restructuring was likely to have an adverse impact on the Company's financial results; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/yunji-inc-loss-submission-form/?id=4887&from=1

Aurora Cannabis Inc. (NYSE:ACB)

Investors Affected: September 11, 2019 – November 14, 2019

A class action has commenced on behalf of certain shareholders in Aurora Cannabis Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) as opposed to the Company's representations, Aurora's revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/aurora-cannabis-inc-loss-submission-form/?id=4887&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm

ReleaseID: 570266

Experience A Comprehensive & Automated Liability-Based ‘Financial Fitness’ Plan

Experience today a disruptive 3-Step Comprehensive & Automated Financial Plan & Liability Management System: a personal financial management system that pays off your total debt in 8-15 years…paying no more per month than you are paying today. Further information can be found at http://nxgenwealthmanagement.com

Draper, United States – December 13, 2019 /PressCable/

Now, mid to upper-middle income families can access financial and wealth planning and start the early wealth building process. Until now, the traditional focus has been on asset and risk management in the financial services and wealth management industries to achieve financial wealth.NxGen Wealth Management has implemented a new element to its products and services…a tool for Comprehensive and Automated Financial Planing focused on liability management, to benefit both new and existing clients in order to achieve financial fitness by first recapturing the monies lost to interest and other transfer-payments, known or unknown, before taking on more risk with a new mortgage or looking for better investments.

“For wealth builders, financial professionals and institutions…looking to provide high quality holistic financial advisory services…the NxGen Family Office, a virtual community for early wealth builders, financial professionals and organizations has updated its product and services with the world’s only dedicated virtual family office that builds wealth using a comprehensive and automated financial plan focused on liability management and available online 24/7”, says Greg Johnson founder of the virtual family office.

The NxGen Family Office is looking to serve over 25 million student debtors & 80 million employees with an automated tool to pay off all your debt, including the home mortgage, student loan, auto and consumer debt, in 8 to 15 years, paying no more per month than you are paying today. Powered by MoneyAbility, a patented and proprietary personal financial management system, the NxGen Family Office offers an eco-system of digital, debt, and ID management planning and risk management tools.

A revolutionary financial planning and liability management system designed to optimize liabilities, such as mortgages, home equity loans, car loans, credit cards and student debt. This early wealth builder tool specifically addresses the challenge that millions of middle to upper-middle Americans have with record levels of household and student debt. An historic debt combined with the lack of automated financial tools from financial professionals meet the needs of those clients…until now.

Specifically, this update will deliver a solution for the millions of middle to upper-middle income families saddled with record levels of household and student debt…an historic debt combined with the lack of automated financial tools from financial professionals…until now.

Says Kevin Murphy, CEO of PFM Solutions, Inc., the platform developer…”financial professionals can now deliver a comprehensive and automated financial plan that is generated in three easy steps: (1) A Credit Report for Quick Load and Liability Solution, (2)An automatic production of a Liability Management Report along with a push-button-start for automatic, smart, bill payment; and, (3) Link Asset & Risk Management Accounts… a complete and dynamic financial plan…all in realtime…It’s as relevant tomorrow, next month or next year…as in the moment it was done..it’s timeless!”

To take full advantage of this new update and NxGen Personal Financial Management: A Liability Management Approach , customers can visit the website at http://gregcjohnson.com for full details.

NxGen Wealth Management is excited to unveil this new benefit that incorporates the latest in digital money, debt and ID management. Most Americans are working full time, having trouble paying off their obligations and are shut out from serious financial planning until debt is reduced. Now, with a comprehensive financial plan that includes liability management upfront, wealth building and retirement planning can happen much sooner. Clearly, this liability management is a key factor in relieving financial stress and restoring financial health and wellness.

NxGen Wealth Management makes a point of listening to its customers and taking feedback wherever possible. Having been in business now for Over 40 years, NxGen Wealth Management takes a holistic approach to wealth building and management. The firm strives to support clients with tools, resources and solutions for building peaceful, happy and fulfilling lives. This dedication has made them known among customers as a market leader with innovative and effective solutions that produce results.

Interested parties, financial professionals and organizations who would like to be among the first to experience the NxGen Personal Financial Management liability planning platform are encouraged to visit the website at http://gregcjohnson.com for full details and to get started.

Contact Info:
Name: Greg Johnson
Email: Send Email
Organization: NxGen Wealth Management
Address: 281 Brayden Way, Draper, Utah 84020, United States
Phone: +1-702-737-7600
Website: http://gregcjohnson.com

Source: PressCable

Release ID: 483044

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Canopy Growth (CGC) Investors with $500K+ Losses to Contact Its Attorneys, Fraudulent Period Expanded in Securities Class Action

SAN FRANCISCO, CA / ACCESSWIRE / December 13, 2019 / Hagens Berman urges Canopy Growth Corporation (NYSE:CGC) investors who have suffered losses in excess of $500,000 to submit their losses now to learn if they qualify to recover compensable damages. A new class action complaint has been filed against the company and senior executives, extending the fraudulent period back to Sept. 8, 2018.

Class Period: Sept. 8, 2017 – Nov. 13, 2019
Lead Plaintiff Deadline: Jan. 21, 2020
Sign Up: https://www.hbsslaw.com/investor-fraud/CGC
Contact An Attorney Now: CGC@hbsslaw.com
844-916-0895

Canopy Growth (CGC) Securities Class Action:

The complaint alleges that throughout the Class Period Defendants falsely represented and failed to disclose that: (i) Canopy had exaggerated and/or overestimated the potential market for its products in Canadian retail stores; (ii) as a result, Canopy had failed to properly account for inventory and demand for its products, leading to inventory write-offs and restructuring charges; (iii) all of the foregoing was reasonably likely to have a material negative impact on the Company's financial results; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

The complaint alleges that the true details regarding Canopy's business and prospects entered the market on Nov. 14, 2019, when the Company announced a disappointing 2Q 2020 earnings, blaming the poor results on inventory write-offs and restructuring charges for product returns, return provisions and pricing allowances.

This news caused the price of Canopy Growth shares to decline, damaging Canopy investors.

If you invested in Canopy Growth between Sept. 8, 2017 and Nov. 13, 2019 and suffered significant losses (in excess of $500,000), you may qualify to be a lead plaintiff – one who selects and oversees the attorneys prosecuting the case. Contact Hagens Berman immediately to obtain additional information about this case or being a lead plaintiff.

"We're focused on recovering investors' losses and determining whether Canopy executives misstated financials while lining their pockets with excessive compensation," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of Canopy Growth and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Canopy Growth should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CGC@hbsslaw.com.

# # #

About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 570257

10-DAY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Pareteum (TEUM) Investors with $500k+ Losses to Contact Its Attorneys, Application Deadline Approaching

SAN FRANCISCO / CA / ACCESSWIRE / December 13, 2019 / Hagens Berman urges Pareteum Corp. (NASDAQ:TEUM) investors who have suffered losses in excess of $500,000 to submit their losses now to learn if they qualify to recover their investment losses. The December 23, 2019 lead plaintiff deadline in a securities fraud class action that has been filed against the company and senior executives is fast approaching.

Most Expansive Class Period: Dec. 14, 2017 – Oct. 21, 2019
Lead Plaintiff Deadline: Dec. 23, 2019
Sign Up Now: www.hbsslaw.com/investor-fraud/TEUM
Contact An Attorney Immediately: TEUM@hbsslaw.com
844-916-0895

Hagens Berman's Pareteum Corp. (TEUM) Securities Class Action:

Hagens Berman filed an expansive Complaint on behalf of all investors who purchased or otherwise acquired Pareteum Corporation securities and pursues claims against the Defendants under the Securities Exchange Act of 1934 (the "Exchange Act"). After Hagens Berman filed its Complaint, other substantially similar complaints have been filed alleging differing class periods. To date, the most expansive class Period is Dec. 14, 2017 through Oct. 21, 2019, inclusive.

According to the detailed Complaint filed by Hagens Berman, Defendants misled investors by materially misrepresenting Pareteum's true business operations and financial results.

Specifically, the Complaint alleges Defendants misrepresented Pareteum as a "rapidly growing Cloud Communications Platform company" that was poised for exponential growth due to the Company's involvement in new industries such as block chain, customer wins, a rising "36-month contract revenue backlog," and effective contract conversion rates when in truth none of that was true.

The Complaint alleges, unbeknownst to investors and contrary to Defendants' statements, Pareteum contracted with either fake entities, related-third parties, or companies so small they had no chance of ever satisfying the value Defendants assigned to their contracts. Moreover, throughout the Expanded Class Period, Defendants violated Generally Accepted Accounting Principles ("GAAP") by prematurely recognizing revenues and inflating accounts receivable.

The truth emerged through a series of disclosures occurring between June 7, 2019 and October 21, 2019, when the Company announced that it will restate its consolidated financial statements as of and for the full year ended December 31, 2018, and interim periods ended March 31, 2019 and June 30, 2019 (the "Non-Reliance Periods").

As a result of these disclosures, the value of Pareteum stock has consistently decreased, damaging investors.

On Nov. 15, 2019, after announcing the company would not timely file its quarterly financial statements as a result of its plan to restate financial statements for the Non-Reliance Periods, Pareteum disclosed that it had received a notice from Nasdaq stating the company was not in compliance with its rules and is in danger of being delisted.

On Nov. 25, 2019, Defendants announced Robert H. Turner has been terminated as Chairman and CEO of Pareteum.

"We're focused on recovering investors' substantial losses and holding Pareteum and its senior management accountable for their outright fraud," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of TEUM and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Pareteum should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email TEUM@hbsslaw.com.

# # #

About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 570249

INFY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Infosys Limited (INFY) Investors with Significant Losses to Contact Its Attorneys, Application Deadline Approaching

SAN FRANCISCO / CA / ACCESSWIRE / December 13, 2019 / Hagens Berman urges Infosys Limited (NYSE:INFY) investors who have suffered significant losses to submit a loss form now to learn if they qualify to recover their investment losses. The December 23, 2019 lead plaintiff deadline in a securities fraud class action pending against the company is fast approaching.

Class Period: July 7, 2018 – Oct. 20, 2019
Lead Plaintiff Deadline: Dec. 23, 2019
Sigh Up Now: www.hbsslaw.com/investor-fraud/INFY
Contact An Attorney Immediately: INFY@hbsslaw.com
844-916-0895

Infosys Limited (INFY) Securities Class Action:

The Complaint alleges Defendants misstated Infosys's true revenues by engaging in improper revenue recognition practices. The Complaint further alleges that the CEO evaded reviews and approvals of large deals to avoid accounting scrutiny, and that management pressured the Company's finance team to conceal information from auditors and the Board of Directors.

On October 21, 2019, Reuters reported the Company received whistleblower complaints alleging "unethical practices" by certain executives to boost short-term revenue and profits, in violation of generally accepted accounting principles.

This news drove the price of INFY shares sharply lower during intraday trading on October 21, 2019.

"We are focused on investors' losses and whether Infosys's senior management cooked the books," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of INFY and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Infosys should consider their options to help in the investigation or take advantage of the SEC whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email INFY@hbsslaw.com.

# # #

About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 570248

Jeff Nock Reexamines Concept and Growth of Social Entrepreneurship

IOWA CITY, IA / ACCESSWIRE / December 13, 2019 / Iowa City business consultant Jeff Nock revisits the topic of social entrepreneurship, its goals, and the spread of the concept.

An approach used most commonly by startup companies, social entrepreneurship involves developing, funding, and implementing solutions to environmental, cultural, or social issues. Jeff Nock, a business consultant from Iowa City, Iowa, having previously spoken at length about the fundamental aspects of social entrepreneurship, takes a closer look at the concept.

"Social entrepreneurship is said by the Institute for Social Entrepreneurs to be the art of simultaneously pursuing a financial and social return on investment," explains Nock. The concept, he says, is on the rise, both in the United States and globally. "Social entrepreneurship," adds Nock, who's based in Iowa City, Iowa, "can be demonstrated by a wide range of organizations which vary not just in terms of size, but also in terms of their aims and beliefs."

Business consultant Jeff Nock goes on to explain that the beliefs, metrics, and goals of social entrepreneurship efforts range from community development to poverty alleviation. "Common goals of social entrepreneurship range from broad cultural, social, and environmental aims to more tailored efforts tied to, for example, community development, poverty alleviation, or access to medical care," says the expert.

According to Nock, the popularity and spread of social entrepreneurship has grown massively in recent years. "Over the course of the last ten years or so, social entrepreneurship has grown massively," he explains. This, the expert believes, has been facilitated to a large degree by the internet, and, in particular, social media.

"Social media has been hugely beneficial to all manner of social entrepreneurship efforts worldwide," says Nock. Enabling companies to reach potentially many millions of like-minded individuals, social media websites and apps such as Twitter, Facebook, and Instagram have, he suggests, been a significant catalyst for collaboration, fundraising, the promotion of raised awareness, general networking, and much more.

Prominent social entrepreneurship organizations include the Omidyar Network, the Global Social Benefit Institute, Athgo, Echoing Green, and the Skoll Foundation, created by eBay's first president, Jeff Skoll. "Organizations such as these," Nock explains, "promote and provide resources designed to help advance the efforts of social entrepreneurs around the world."

The Skoll Foundation, for example, provides grants to already-established but still-growing endeavors committed to social entrepreneurship, according to the business consultant. "It's currently estimated," adds Jeff Nock, wrapping up, "that the foundation, created by Jeff Skoll, makes grants totaling as much as $40 million annually."

A graduate of Colorado's Regis University, Jeff Nock is the founder and CEO of Prescient Consulting, LLC, based in Iowa City, Iowa. Renowned for helping early-stage and mid-cap companies to achieve their visions and growth goals, Nock and his stellar group of partners have now assisted more than 250 companies in building and executing successful strategic and business plans. To find out more, visit https://prescient.us/.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7862338220

SOURCE: Web Presence, LLC

ReleaseID: 570240