Monthly Archives: February 2020

Perk Labs Announces New Head of Sales

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Perk Labs Inc. (formerly Glance Technologies Inc.) (CSE:GET)(OTCQB:GLNNF)(FSE:GJT) ("Perk Labs" or the "Company"), the parent company of Perk Hero, the all-in-one mobile ordering, payment and customer loyalty platform, is pleased to announce that it has hired Christina Baker as its new Head of Sales. Prior to joining Perk Labs, Christina served as the Regional Vice President, National Accounts, Western Canada at Moneris, Canada's largest financial technology company that specializes in payment processing. While at Moneris, Christina led the Western National sales team to consistently achieve and exceed their annual quotas and the management of a portfolio representing over $23B in card processing and 200+ National Accounts in the region.

"Christina brings an amazing breadth of skills and an invaluable wealth of experience to Perk Labs. She is highly regarded within the FinTech industry with valued relationships within some of Western Canada's largest organizations," said Jonathan Hoyles, CEO of Perk Labs. "We are excited to have someone as talented and accomplished as Christina in this role at a time when we are launching our new mobile payment and loyalty rewards platform. Adding Christina to our leadership team will accelerate our growth."

In her new role as Head of Sales, Ms. Baker will be responsible for growing Perk Hero's network of merchants with a focus on acquiring new enterprise accounts.

Perk Labs also announced today that it has engaged James Christensen as a consultant on a short-term contract to provide strategic advice and assist with business development opportunities. Mr. Christensen has over 25 years of experience working at the forefront of emerging markets where payments and loyalty converge. James has worked with leading brands in payments, retail, and F&B including Eddie Bauer, Visa, RBC, AT&T, Levi Strauss, The Palm, Choice Hotels, and McDonalds. As part of Mr. Christensen's compensation for his consulting services, he will receive the equivalent of $4,500 in common shares of the Company.

Perk Labs further announced today that Paola Ashton will be transitioning to a new role as an advisor to Perk Labs.

"Ms. Ashton has been with the Company from a very early stage and has been fantastic to work with" says Jonathan Hoyles, CEO. "We thank Paola for her hard work and commitment to excellence through an exciting journey in her previous roles, and look forward to working with her as an advisor to the Company."

About Perk Labs

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact:

Jonathan Hoyles
Chief Executive Officer
833-338-0299
investors@perklabs.io

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.

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: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Perk Labs' business strategies and its expectations concerning future operations, and its expectations that the addition of new members to its leadership team will accelerate growth. Although Perk Labs considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled "Risk Factors" in the most recent Annual Information Form and Prospectus of Perk Labs, which may be accessed through Perk Labs' profile on SEDAR at www.sedar.com. Perk Labs cautions investors that any forward-looking information provided by Perk Labs is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

SOURCE: Perk Labs Inc.

ReleaseID: 577103

New Jersey Mining Company Expands its Land Position – Consolidates Holdings in the Murray Gold Belt

COEUR D'ALENE, ID / ACCESSWIRE / February 20, 2020 / New Jersey Mining Company (OTCQB:NJMC)(CSE:NJMC) ("NJMC" or the "Company") is pleased to announce that it has acquired a strategic land package of approximately 368 acres of patented mining claims having both surface and mineral rights, and situated one mile (1.6 kilometers) west of its Golden Chest Mine.

NJMC's VP of Exploration, Rob Morgan commented, "This land acquisition strategically connects New Jersey's east and west holdings and is the culmination of a lengthy three-year base-building process in which we planned for success and consolidated the Murray Gold Belt (MGB). Along with the adjacent NJMC properties, this private land package provides an exclusive and exciting opportunity for gold exploration as it is underlain by favorable host rocks and is bisected by a gold-mineralizing fault. Additionally, our experience permitting, designing, constructing – and operating the New Jersey Mill on a daily basis – leads us to believe this property may contain terrain suitable for future tailings impoundment and/or a new mill for the Golden Chest Mine or other infrastructure related to mineral processing in the Murray area." Figure 1 shows land ownership within the Murray Gold Belt; note the large positions held by NJMC and Hecla.

The Alder Gulch land was originally patented in the 1880's due to its gold potential and has changed hands only a couple of times since Idaho statehood in 1890. It was held in the same family for nearly 100 years. Since the 1960's at least three campaigns of mineral exploration by major companies have taken place in the Murray Gold Belt. Some of these majors included Newmont, Cominco, Kennecott, ASARCO and Hecla, however none of these companies had access to the closely held Alder Gulch land – thus the land remained largely unexplored for more than a century.

NJMC VP Rob Morgan added, "Our initial review of local geologic features suggests several promising prospects that support the gold potential of this land package. One such prospect is located on the Evans claim where a hydrothermally altered intrusive sill barely outcrops through the gravel cover. The sill contains disseminated pyrite and galena with numerous quartz vein stringers mineralized with chalcopyrite, galena and tellurides. Anomalous mineralization is found not only in the veins and veinlets, but also in the intrusive wallrock and in the surrounding sedimentary Prichard Formation host rocks."

The presence of gold-tellurium mineralization is interesting as NJMC has experience with that type of mineralization from its work on the Toboggan Project (A select sample from this sill assayed 4.75 gpt gold, 15.65 gpt silver, 2.2 % lead and 7.96 ppm tellurium). NJMC believes that the occurrence of tellurium with gold in this sill is important because it indicates a potentially large alkalic intrusive is responsible for the gold mineralization. Another prospect known as the Gold Lady has exposed banded veins that assay from 3.00 to 10.45 gpt gold, similar to those seen at the Golden Chest Mine. The assays above are from select grab samples and are not necessarily representative of the mineralization hosted on the property.

Figure 1. Land Ownership in the Murray Gold Belt

In addition to ownership challenges, historic exploration for gold vein lode deposits on the Alder Gulch land has been hampered due to a majority of the property's bedrock being covered by a veneer of river gravels from an ancient stream. This old stream channel of auriferous gravels, and the original justification for granting of the patent, crosses the Alder Gulch land from the northeast to the southwest. Vein systems and north-south trending faults, like the aforementioned Murray Peak Fault, extend under this ancient stream channel from both sides. Mineralization on the NJMC-controlled Buckskin patented claims appears to extend south under the gravels of the newly purchased lands based on historical and recent observations. Similarly, the gold-telluride bearing sill on the Evans extends north and disappears under gravel cover. The application of modern geophysical exploration methods, especially magnetics, should reveal more information on the rocks and fault structures beneath the gravels and help target future drill programs.

Qualified person

NJMC's Vice President of Exploration, Robert John Morgan, PG, PLS is a qualified person as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.

No PEA, PF or FS has been completed to verify the economic viability or technical feasibility regarding any new construction of future tailings impoundment, a new mill or other infrastructure related to mineral processing in the Murray area.

In order to raise the funds required to complete the acquisition, the Company has issued secured convertible promissory notes (the "Notes") with an aggregate principal amount of US$885,000.00. The outstanding principal amount of the Notes will bear interest at an annual rate of 8.0% for a term of three years. The principal amount of the Notes will be convertible at the option of the investors for common shares of the Company at a price of US$0.18 for per common share prior to the maturity date of the Notes. Interest only payments shall be made on the Notes payable and the Company may prepay the Notes in whole or in part without written consent of the investors.

Other Corporate Activities

The Company is seeking to amend the terms of 375,000 warrants issued in connection with a private placement completed in December 2018 such that the exercise price of the warrants will be expressed in US currency at US$$0.18. Management and the Board have determined that for purposes of US GAAP it is preferable for the Company to have the exercise prices for its warrants to be expressed in US dollars.

About New Jersey Mining Company

New Jersey Mining Company is headquartered in North Idaho, where it is producing gold at its Golden Chest Mine. Gold was first discovered in the Murray Gold Belt in 1882, but by 1888 mining declined as the center of activity and demand for labor shifted to the Silver Valley following the discovery of the Bunker Hill, Sunshine, Lucky Friday, and other iconic regional mines. The rebirth of the long-forgotten Murray Gold Belt has been led by NJMC, as evidenced by production from open-pit and underground operations at the Golden Chest Mine, its extensive land package and superior knowledge of the district gained from current development and production, and ongoing exploration activities.

NJMC has established a high-quality, early to advanced-stage asset base in three historic mining districts of Idaho and Montana, which includes the currently producing Golden Chest Mine. The Company's objective is to use its considerable in-house skill sets to build a portfolio of mining and milling operations, with a longer-term vision of becoming a mid-tier producer. Management is shareholder focused and owns more than 15-percent of NJMC stock.

The Company's common stock trades on the OTC-QB and the CSE Market under the symbol "NJMC."

For more information on New Jersey Mining Company go to www.newjerseymining.com or call:

Monique Hayes, Corporate Secretary/Investor Relations
Email: monique@newjerseymining.com
(208) 625-9001

Forward Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable, but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such factors include, among others, the Company's ability to identify additional resource or construct a mill near the Golden Chest Mine, the risk that the mine plan changes due to rising costs or other operational details, an increased risk associated with production activities occurring without completion of a feasibility study of mineral reserves demonstrating economic and technical viability, the risks and hazards inherent in the mining business (including risks inherent in developing mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and the potential impact on revenues from changes in the market price of gold and cash costs, a sustained lower price environment, as well as other uncertainties and risk factors. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. NJMC disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: New Jersey Mining Company

ReleaseID: 577129

CANEX Anounces Additional Rock and Soil Sample Results from Gold Range Including 24 g/t Gold Over 1.5 metres

CALGARY, AB / ACCESSWIRE / February 20, 2020 / CANEX Metals Inc. ("CANEX" or the "Company") is pleased to announce results for 41 rock samples and 15 reconnaissance soil samples taken in December 2019 at the Gold Range Property, Arizona.

Highlights from the Sampling Program

Multiple chip samples returned high grade gold including 24.3 g/t Au over 1.5 metres and 25.4 g/t gold over 1 metre.
Chip sampling has confirmed high grade gold mineralization within veins over a large area as previously indicated by grab samples.
Resampling the main vein in Trench 2 using large sample size and metallic screen method has resulted in an increase in gold grade from 2.33 g/t over 2 metres to 16.56 g/t over 2 metres.
Reconnaissance soil sampling has confirmed the large gold in soil anomaly previously identified in Grid 1 at the Central Zone.

Dr. Shane Ebert, President of the Company stated, "We are very pleased to see our recent rock and soil assays returning strong gold grades over a widespread area. We have multiple exploration targets being assembled from a combination of surface sampling, high resolution geophysics, and geological data sets. Field work is currently in progress at Gold Range and we look forward to advancing a number of potential drill targets as field work progresses over the next several weeks".

Rock Samples

A total of 41 rock samples (34 chips and 7 grabs) were taken from the Central, East, Shaft/Shear, and Adit Zones during the December sampling program. Gold results from all 41 samples, including unmineralized wall rock, range from 0.03 to 25.40 g/t, averaging 4.15 g/t. In total 367 chip and grab samples have been taking from the property, including mineralized veins and barren wall rock, and have returned trace to 94.67 g/t gold, averaging 4.40 g/t.

High grade chip samples have been encountered in all the zones sampled confirming the presence of high grade gold mineralization over a large area as initially demonstrated by grab samples. Most of these high grade zones of mineralization are poorly exposed and will require further surface work, possibly including trenching and drilling to fully evaluate.

Highlights of December 2019 sampling at the Pit Zone

Sample

Location

Type

Au g/t

Metallic
screen Au g/t

Ag ppm

547109

Tin Zone

1.5 m Chip

24.33

 

4.0

547115

Shaft-Shear

0.4 m Chip

13.47

 

1.2

547105

Shaft-Shear

1 m Chip

25.40

 

7.7

547117

Trench 2

1 m Chip

21.27

19.97

35.2

547118

Trench 2

1 m Chip

15.13

13.15

4.6

547133

Central

0.2m Chip

7.38

 

5.0

547136

Central

0.3 m Chip

8.51

 

1.0

547137

Central

0.8 m Chip

3.52

 

11.3

547139

Central

0.4 m Chip

18.47

 

29.4

547146

Central

0.3 m Chip

3.64

 

2.5

547148

Central

0.8 m Chip

12.67

 

6.4

547150

Central

0.5 m Chip

1.80

 

0.2

*All grab and chip samples reported here were taken by CANEX personnel with all chip samples taken perpendicular to the strike of the structures sampled. Grab samples are selective in nature and are not necessarily representative of mineralization on the property. See QAQC section below for assay methods.

Resampling Trench 2 and Metallic Screens

During the December sampling program a portion of the exposed quartz vein in Trench 2 was resampled utilizing a larger sample size and re-assayed for gold using a metallic screen method. The larger sample size and metallic screen method resulted in significantly higher gold values than those initially reported. The original result for the intervals (samples 546163 and 164) were reported in the Company's news release dated December 3, 2019 and returned 2.33 g/t Au over 2 metres (weighted average of both samples). New composite results utilizing a larger sample size with gold analyzed by the metallic screen method returned 16.56 g/t Au over 2 metres for the same interval. The high-grade results correspond well with previously released chip samples taken along strike 5 metres to the northwest (18.5 g/t over 1.8 metres, samples 5677539 and 540) and 5 metres along strike to the southeast (6.0 g/t gold over 1.7 metres, samples 5677533 and 535).

Comparison of re-sampled intervals from Trench 2

Re-samples

 

Original samples

 

Sample

Weight
(kg)

Metallic
Screen Au g/t

Sample

Weight
(kg)

30g Fire
Assay Au
g/t

547117

3.3

19.97

546163

2.3

2.69

547118

4.7

13.15

546164

2.2

1.97

*All samples are 1 metre chip samples from a mineralized quartz vein exposed in Trench 2.

These results demonstrate the importance of taking large samples in this system which contains coarse gold. The metallic screen method is commonly utilized when coarse gold is present and allows larger sample pulp sizes to be processed for assay. CANEX will take this into account when planning future sampling and drill programs.

Soil Samples

A 15 sample reconnaissance soil line was run over a portion of the Central Zone to help evaluate a mostly covered area containing known but poorly exposed gold veins. Gold in soil results ranged from below detection (<3 parts per billion (ppb)) to 53 ppb and included a 65 metre wide zone of anomalous gold values ranging from 16 to 53 ppb gold, averaging 39 ppb gold. This reconnaissance soil line overlaps and confirms the gold in soil anomaly identified in soil Grid 1 (previously released see January 27, 2020 news release).

Exploration Update

High resolution drone magnetic surveying has been completed over 2 key target areas on the Gold Range Project, the Pit Zone and the Central Zone. The survey results have recently been received and are currently being evaluated and interpreted.

Two field crews are currently on-site conducting field programs. One is focused on geologic mapping, sampling, and prospecting, and the second is conducting a minimum 734 sample soil program. Geologic fieldwork is focused on advancing and mapping known gold bearing zones, prospecting and sampling new targets, as well as ground truthing and tracing key geophysical and structural targets. The soil program is focused on expanding and defining recently identified gold in soil anomalies immediately north of the Pit Zone and at the Central Zone. In addition, several reconnaissance soil lines will be run over key target areas in the southern and central parts of the claim block to assess the potential for additional zones of mineralization in those areas.

The Company has filed an amended exploration permit application with the Bureau of Land Management to allow for an expanded trenching and drilling program to include several new targets recently identified on the property. Once the amended permit has been received and all current field program results are in, a second trenching program will be planned.

Quality Control

The soil and rock samples reported in this release were taken by CANEX representatives and shipped to American Assay Laboratories in Reno, Nevada (which is ISO/IEC 17025 accredited) for analyses. Gold was assayed using a 30g fire assay (method FA-PB30-ICP) with all gold samples greater than 10 g/t redone using a 30g fire assay method with a gravimetric finish (method GRAVAu30). Duplicates, blanks, and certified standards are analyzed with every sample batch and then checked to ensure proper quality assurance and quality control. Select samples were analyzed using a metallic screen procedure where the entire sample is crushed and 1 kilogram of material is pulverized and screened at 150 mesh. The oversized and undersized fractions are analyzed by fire assay with a gravimetric finish and weighed and the total gold concentration in the sample is calculated. The metallic screen procedure can help provide reliable results in samples containing coarse gold.

About the Gold Range Property

The Gold Range Property is located in Northern Arizona within an area that has seen historic lode and placer gold production but limited systematic modern lode gold exploration. Fieldwork by the Company has identified numerous gold exploration targets on the property with grab samples from outcropping quartz veins returning multiple values in the 20 to 40 g/t gold range, and chip sampling returning values of 31.7 g/t gold over 1 metre, 24.3 g/t gold over 1.5 metres, 28.1 g/t gold over 1 metre, 17.2 g/t over 1.1 metre, and 8.47 g/t gold over 5.6 metres. Please visit our website at www.canexmetals.ca for additionnel information.

Dr. Shane Ebert P.Geo., is the Qualified Person for CANEX Metals and has approved the technical disclosure contained in this news release.

"Shane Ebert"
Shane Ebert, President/Director

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.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of CANEX Metals Inc. internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of CANEX. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause CANEX's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in CANEX's filings with the Canadian securities authorities. Accordingly, holders of CANEX shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements.

For Further Information Contact:

Shane Ebert at 1.250.964.2699 or
Jean Pierre Jutras at 1.403.233.2636
Web: http://www.canexmetals.ca

SOURCE: CANEX Metals Inc.

ReleaseID: 577100

China Xiangtai Food Co., Ltd. to Present at the 2020 LD Micro Virtual Conference

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) ("Xiangtai" or the "Company"), an emerging growth company engaged in food processing business in China, today announced that it will be presenting at the third annual LD Micro Virtual Conference on Wednesday, March 4 at 10 AM EST. Mr. Xiaohui Wu, the President and Director of China Xiangtai Food Co., Ltd. will be giving the presentation and answering questions from investors.

You can access the live presentation at the following link: https://www.webcaster4.com/Webcast/Page/2019/33274

"I'm going to highlight the company's progress on building a consumer-centric, growth-focused food processing company at the conference, to address investors' concern about our operation under the coronavirus outbreak," said Mr. Xiaohui Wu, President and Director of China Xiangtai Food Co., Ltd. "Xiangtai is open for business and we will do our best to operate in a constrained environment. Food and nutritional products are "essential" to the people, we're looking forward to working with US food supply chains and find a deal with US partners."

"We are delighted to be hosting our third virtual event in order to showcase some of the truly unique names in micro-cap" stated Chris Lahiji, President of LD Micro. "There are a many people and companies who are unable to attend our live events, due to any number of reasons, so we are happy to offer an additional way for companies to present to investors without taking a lot of time out of their day-to-day operations. While virtual events will never replace the experience of sitting in the same room as other humans, it is a great format for updating the investor community and getting increased exposure."

The conference will be held via webcast and will feature over 40 companies in the small / micro-cap space.

View China Xiangtai Food Co., Ltd.'s profile here: http://www.ldmicro.com/profile/PLIN

Profiles powered by LD Micro – News Compliments of Accesswire

About China Xiangtai Food Co., Ltd

Headquartered in Chongqing, China, China Xiangtai Food Co., Ltd, is a food company primarily engaged in pork processing. The Company's operations span key sections of the pork processing value chain, including slaughtering, packing, distribution, and wholesale of a variety of fresh pork meat and parts. The Company offers fresh and processed products, including a variety of pork, beef, lamb, chicken, duck, and rabbit products. Through its core values, the Company is committed to maintaining the highest standards of food safety, product quality, and sustainability to provide high-quality, nutritious, and tasty food in a responsible manner through its portfolio of trusted brands. For more information, please visit http://ir.plinfood.com/.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential events annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe.

IR Contact:

Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: PLIN@dgipl.com

SOURCE: China Xiangtai Food Co., Ltd. via LD Micro

ReleaseID: 576965

Arria NLG and Pathfinder Partner to Bring the Department of Defense and Government Agencies Dramatic Improvements in the Speed and Accuracy of Actionable Intelligence

Arria's Natural Language Generation (NLG) technology poised to profoundly impact their ability to turn vast amounts of data into real-time actionable intelligence

MORRISTOWN, NJ / ACCESSWIRE / February 20, 2020 / Arria NLG, the world's leading provider of NLG technology, and Pathfinder Solutions Group (PSG), announce a partnership which establishes PSG as Arria's selected partner for offering its NLG capabilities to US Department of Defense and Government agencies.

With Arria's NLG technology already proven in crucial business areas, such as regulatory financial reporting, sensor data analysis and business intelligence, its entrance into the cyber and operational intelligence fields is seen as a significant development in the military's and government's ability to deliver real-time actionable intelligence.

The Military's Data Challenge

The military wants to integrate Artificial Intelligence (AI) into operational missions. However, the challenge is: dirty, unstructured, and voluminous data that creates bottlenecks and missed insights-without an effective and efficient way to analyze it. Cyber threat intelligence is particularly challenging.

Current gaps in information analysis result in suboptimal decisions with potential detrimental impacts. Speed to decisions is critical when reacting to high-value targets and cyber threats. Data analysis-the ability to interpret and understand the data, get it into a useable format, and mine the data for hidden insights, continues to be a challenge-especially in warfighting situations.

Other agencies, such as Homeland Security, the NSA, FBI and CIA face similar challenges.

Arria's NLG Solution: Real-Time Actionable Intelligence

Arria NLG creates analysis reports that transform data output (including dashboard charts, graphs, tables) into comprehensive narratives that provide the warfighter or government agent with timely, relevant and actionable intelligence resulting in better operational decisions in both cyber and operational domains.

Arria NLG's platform dramatically improves time from analysis to insights to decision by expressing complex data and information in real-time, insightful narratives-making big data…smart data.

The expert narratives produced by Arria's breakthrough NLG technology ensure critical facts and insights are presented in a more comprehensive and understandable way, as if written by a team of the best subject matter expert analysts. These reports can be detailed and able to break the data down in multiple ways, or they can be simple, concise, actionable one-page decision brief for commanders or agency chiefs.

The real-time reporting generated by Arria NLG ensures that critical facts and insights are clearly articulated and can be customized based on the threat intelligence and the mission.

According to Lt. General Brooks Bash, US Air Force Retired, Co-Founder and Director, Pathfinder Solutions Group, "As a senior Air Force leader, I was often faced with making decisions without a full analysis of available intelligence. With Arria NLG, leaders now have the capability to aggregate, in real-time, vast amounts of AI and analyst-generated information into actionable intelligence, which is especially relevant for time-critical decisions in cyber and aerospace arenas. Being able to deploy these types of dual-use, off-the-shelf technologies to meet key AI requirements is one of the primary reasons I am so excited about the Pathfinder Solutions Group and Arria NLG partnership."

Sharon Daniels, CEO, Arria NLG, stated, "We're very pleased that our NLG technology can now be used in the defense of freedom. By turning complex information and structured data into comprehensive, actionable narratives in a fraction of the time that teams of analysts are capable of, we're able to ensure that critical facts and insights are clearly articulated, and almost instantly available, based on the threat intelligence and the mission."

Flexible, Seamless Integrations

Arria NLG's API-based architecture enables flexible, seamless integrations with existing military and government workflows. Arria's NLG platform is customizable and integrates seamlessly with existing commercial business intelligence (BI) and proprietary dashboards to provide insightful advanced analytics and reports. Current software and platforms do not need to be replaced as Arria's NLG technology layers on top of existing capabilities.

Arria is the world's most advanced NLG technology. It combines advanced analytics with advanced computational linguistics to automate reporting at a level equal to, or better than, subject matter experts-only infinitely faster. It also adds a degree of scalability and operational efficiency not previously attainable.

The Pathfinder Agreement

Per their partnership agreement, Pathfinder will be representing and offering Arria's breakthrough NLG technology to the following:

US Government Agencies-All Applications: Department of Defense (Army, Navy, Air Force, USMC), Coast Guard, Army Futures Command, AFWERX, Army Applications Lab, and Naval Information Warfare Centers.

US Government Agencies-Cybersecurity and Intelligence: NSA, CIA, FBI, and Dept. of Homeland Security.

US Government Allies: a select group of US-allied government agencies and instrumentalities.

State Agencies: The New York City Cybercommand, The New York City Police Department and The New York City Fire Department.

Pathfinder's Unique Team of Experts

PSG is exceptionally positioned with its team of subject matter experts from the DoD, Air Force Cyber, Army Cyber, NSA, FBI, etc. to work closely with military and government agencies to create custom solutions to meet their mission requirements. More importantly, the PSG team has the relevant DoD experience to train the AI model to meet the unique demands of the warfighter in the cyber and operational domains.

While PSG works with military and government agencies to develop cyber and operational intelligence AI applications, Arria's NLG technology will also be introduced into their financial, maintenance, contracting, and other critical reporting areas.

About Arria NLG

Arria NLG is the global leader in the field of Natural Language Generation (NLG), a form of artificial intelligence, specializing in extracting insights from complex data sources and communicating that information in natural language (i.e. as if written or spoken by a human). Arria's API architecture enables seamless integration with any BI, RPA or VOICE platform.

Arria has the greatest concentration of NLG expertise in the world and has a growing patent portfolio of 27 core NLG patents. Arria's rapidly growing group of major international enterprise clients-including banking, financial services, insurance, pharmaceutical, consumer product goods, news and media-are now deploying NLG-driven automated reporting within their global organizations using Arria's NLG Studio Platform. Additional information is available at www.arria.com. Follow us on Twitter @ArriaNLG or visit our newsroom at blog.arria.com/in-the-news for the latest company news.

To learn more about Arria NLG please contact, Lyndsee Manna, SVP Business Development, +1 973-534-9478 or via email lyndsee.manna@arria.com

About Pathfinder

Pathfinder Solutions Group is a solutions-based firm comprised of experts from the DoD, Air Force Cyber, Army Cyber, NSA, FBI, etc. who work closely with military and government agencies to create custom solutions to meet their mission requirements. Just as the historic WWII Army Pathfinders and today's elite military special forces are the advance party for setting up safe drop zones and landing zones for larger forces, PSG assists its partners in navigating their way to customer traction in both the DoD/Government and Commercial Sectors. For more information, visit www.PathfinderSolutionsGroupLLC.com, or contact, Sean Drake, Founder & Chairman, +1 203-247-2479 or via email Sdrake@pathfindersolutionsgroupllc.com

Links:

www.arria.com/partners

lyndsee.manna@arria.com

www.PathfinderSolutionsGroupLLC.com

Contacts

Mostafa Razzak
Work: 1-202-904-2048
m.razzak@jmrconnect.net

SOURCE: Arria NLG

ReleaseID: 577132

Geophysical Survey Commences on the Jewel Ridge Property, NV

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Golden Lake Exploration Inc. (CSE:GLM) ("GLM" or the "Company") reports that field activities have commenced, comprising a ground magnetics survey, on the Company's keystone Jewel Ridge gold property near Eureka, Nevada.

The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain – Eureka trend, along strike and contiguous to Barrick Gold's two million-ounce Archimedes/Ruby Hill gold mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south.

Highlights of the current program include:

About the Jewel Ridge Property

The property comprises 96 unpatented lode mining claims and 30 patented claims covering approximately 728 hectares (1,800 acres). The Jewel Ridge property contains several historic small gold mines which align along a north-south-trending stratigraphic contact of Lower Paleozoic sedimentary rocks, as well as several other gold mineralized zones with a variety of structural and lithological controls. The Company's focus is on Carlin-style disseminated gold deposits, the primary focus in the area since the late 1970s.

Nevada Carlin-type gold deposits (CTGD) have a combined endowment of more than 250 million ounces, which are concentrated (85 per cent) in only four trends or camps of deposits: Carlin, Cortez (Battle Mountain-Eureka), Getchell and Jerritt Canyon. The Company cautions that results on adjacent and/or nearby projects are not necessarily indicative of results on the Company's property.

Qualified person

Golden Lake Exploration's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Garry Clark, PGeo, of Clark Exploration Consulting, Thunder Bay, Ontario, who serves as a qualified person under the definition of National Instrument 43-101.

About Golden Lake Exploration Inc.

Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.

ON BEHALF OF THE BOARD

"Mike England"

Mike England, CEO & DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
TollFree:1-888-945-4770

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: Golden Lake Exploration Inc.

ReleaseID: 577113

Allegiance Gold Explains How the SECURE Act Impacts Your IRA in 2020 and Shares Tips for Maximizing Retirement Savings Ahead of Tax Deadline

SECURE Act gives investors more time to invest and save for retirement and as such Gold IRAs are gaining momentum in 2020

WOODLAND HILLS, CA / ACCESSWIRE / February 20, 2020 / April 15th is not only the tax filing deadline but is also the last day for individuals to contribute to their IRAs for the 2019 tax year. In advance of the upcoming tax season,Allegiance Gold's CEO, Mark Naaman, highlights recent changes to retirement systems and how investing in gold IRAs could have additional tax benefits.

It's recommended that individuals maximize their IRA contributions. For individuals over the age of 50, the contribution limit for Traditional and Roth IRAs is $7,000; for those under the age of 50, the limit is $6,000. Traditional IRAs are tax-deductible on both state and federal returns. Roth IRAs are not tax-deductible and, therefore, will not lessen adjusted gross income for 2019.

Signed into law on December 20, 2019, and considered one of the most significant reforms to retirement legislation in more than a decade, the Setting Every Community Up for Retirement Enhancement (SECURE) Act aims to make it easier for businesses to offer retirement plans and for individuals to save for retirement. Some key provisions of the SECURE Act that went into effect on January 1, 2020 include the following:

Distribution Age Is Raised To 72

"Before the SECURE Act went into effect, individuals with IRA and 401(k) accounts had to start making required minimum distributions (RMDs) from their retirement accounts once they turned 70 ½," said Naaman. "But the SECURE Act changed that by raising the minimum age to 72, basically adding on an extra year-and-a-half before RMDs are permitted."

Age Limit For Contributions Is Eliminated

"Previously, you were prohibited from contributing to a Traditional IRA using pre-tax dollars if you were over the age of 70 ½, although you could still make post-tax contributions to a Roth IRA. The SECURE Act changed that by eliminating the age limits on contributions to Traditional IRAs, which allows older workers to continue contributing pre-tax dollars from their paychecks to their IRA accounts," said Naaman.

Changes To Inherited And Stretch IRAs

"Stretch IRAs used to allow individuals who inherited an IRA to ‘stretch out' distributions over their lifetimes. For example, if you die at age 85 and leave your IRA to your 55-year-old son, he could withdraw money from that IRA over the course of his lifetime," explained Naaman.

"The new laws under the SECURE Act, however, require all non-spouse inheritors of IRAs to distribute the assets from their inherited IRAs within 10 years. This could cause a huge tax hit to children inheriting their parents' retirement accounts. It's also significant to note that we are on the cusp of the largest generational wealth transfer in US history, as an estimated $68 trillion will change hands in the U.S. from baby boomers to the next generation."

Gold IRAs are gaining momentum in 2020

"Commodities like gold and other precious metals have historically remained stable in the face of stock market volatility, currency devaluation and failing real estate prices," said Alex Ebkarian, COO of Allegiance Gold. "In fact, over the last two decades, gold has outperformed the stock market."

"This year is expected to be another year of significant uncertainty and geopolitical turmoil. There could also be quite a bit of market volatility ahead of the U.S. presidential elections. In a late cycle environment, the outlook for gold tends to shine bright. I think the odds for an insurance-type event are fairly high in 2020, which fits naturally with gold's traditional role as an insurance asset."

"This is why a Gold or precious metals IRA should be part of every individuals' investment portfolio. A Gold IRA, whether Traditional, Roth, or SEP, not only diversifies a portfolio on a tax-deferred basis, but also protects against predictable and unforeseen market corrections."

"Precious Metals IRAs have a significant tax benefit" noted Ebkarian. "Precious metal IRAs are portable and mobile, while a standard IRA is not. In addition to the standard monetary distributions, investors with a precious metal IRA can take an in-kind distribution which allows them to physically hold the asset. In so doing, distribution rules are satisfied without "selling the position" and a lower tax-basis valuation is realized. On the other hand, paper investments force investors "to sell the position" when taken as an in-kind distribution, unnecessarily exposing them to potentially unfavorable market conditions."

About Allegiance Gold, LLC

Allegiance Gold, considered the most trusted Gold IRA firm in the US, helps individuals protect their wealth and retirement accounts by diversifying and investing in physical precious metals. As an independent national precious metals dealer, Allegiance Gold also offers a wide range of precious metal products.

Allegiance Gold has earned the highest verified rating from third-party consumer protection agencies: A+ rating from the Better Business Bureau (BBB), AAA rating from the Business Consumer Alliance (BCA) and a 5-star rating from TrustLink.

For more information, please call (844) 790-9191, or visit http://www.allegiancegold.com.

Allegiance Gold, LLC is located at 21650 Oxnard Street, Suite 1540, Woodland Hills, CA 91367.

SOURCE: Allegiance Gold

ReleaseID: 576881

Torchlight Extends Debt Maturity with Private Investor

PLANO, TX / ACCESSWIRE / February 20, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH) ("Torchlight" or the "Company"), today announced that the Company has extended the maturity on $4 million of the debt obligations due in April. The maturity date of the subject promissory note has been extended for one year, from April 10, 2020 to April 10, 2021.

John Brda, Torchlights CEO, stated, "This is a very positive step for the Company and a vote of confidence from the noteholder. We continue to work with our creditors and other capital sources to continue shoring up our balance sheet and remain current on our debt obligations."

As part of the terms of the referenced extension agreement, the Company paid the noteholder a fee of $80,000. The promissory note was originally issued in April 2017, and provides for monthly payments of interest only at the rate of 12% per annum, with a balloon payment of the outstanding principal due and payable at maturity. The noteholder also receives annual payments of common stock at the rate of 2.5% of the principal amount outstanding, based on a volume-weighted average price.

About Torchlight Energy Resources, Inc.

Torchlight Energy Resources, Inc. (NASDAQ:TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. For additional information on the Company, please visit www.torchlightenergy.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements, including, but not limited to, the company's proposed follow-on offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the company cautions investors that actual results may differ materially from the anticipated results.

Investor Relations Contact

Derek Gradwell
Investor Relations Consultant
Phone: 512-270-6990
Email: ir@torchlightenergy.com

SOURCE: Torchlight Energy Resources, Inc.

ReleaseID: 577114

1847 Holdings’ Goedeker’s Subsidiary Posts Third Highest Sales Day During Presidents Day Promotion

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / 1847 Holdings LLC (OTC PINK:EFSH), a publicly traded holding company platform that combines the attractive attributes of private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, is pleased to announce that its Goedeker's subsidiary generated its third highest sales volume day within the last 12 months on Presidents Day, with unaudited written sales volume of approximately $478,000, up 42% from the prior year's Presidents Day sales volume of approximately $336,000, and only exceeded by written sales volume for 2019's Black Friday and Cyber Monday.

Headquartered in St. Louis, Missouri, Goedeker's has evolved from a local brick and mortar operation to one of the 30 largest appliance retailers in the country with over 90% of its sales placed through the company's e-commerce platform. The innovative "etailer" utilizes a hybrid approach to marketing and selling to customers on the web, combining live chat and phone center operations that drive leads to its website, providing competitive pricing while delivering and installing appliances and home furnishings across the country.

"Doug Moore, the CEO that we hired to run Goedeker's following its acquisition, has led investments in improving Goedeker's competitive advantages which have been key drivers behind the company's strong financial performance, and we remain optimistic that continued progress will be made in sales and profit as we move through 2020," stated Ellery W. Roberts, founder and chief executive officer of 1847. "Doug and the team have developed an operating plan to leverage Goedeker's promotional impact for the traditional holiday periods and create daily increased sales by attracting and selling to more customers based on speed-to-market and a high-touch, high-tech operating strategy."

Recent investments include transitioning Goedeker's to a new website shopping platform and integrating that platform with an advanced call center that creates attribution for marketing spend and real-time call distribution, coaching, and scoring of KPIs for optimal selling and customer service. Significant improvements have been made in website speed, navigation, and shopping tools for choosing the right product and are combined with data-driven product curation and the addition of new big-ticket merchandise categories.

The success of the strategy and technology improvements, which has been shared with the vendor community, is opening access to new brands and products, improved vendor programming and support, and is fueling access to products direct from vendor warehouses, leading to increased delivery speed to customers.

The appliance and home furnishing market in the US is forecasted to exceed $70 billion in 2020 and is expected to grow at a CAGR of 7.6% through 2024, according to data from Statista.

About 1847 Holdings LLC

1847 Holdings LLC (OTC: EFSH) is a publicly traded partnership that combines the most attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company. 1847 Holdings seeks to generate returns for shareholders in the future through consistent, annual distributions of operating subsidiary income and capital appreciation resulting from the timely sale of operating subsidiaries.

Forward-Looking Statements

This press release may contain information about 1847 Holding's view of its future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on our management's beliefs, assumptions and expectations of our future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause our actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include but are not limited to the risks set forth in "Risk Factors" included in our SEC filings.

Contact:

Ellery W. Roberts, Founder & CEO
1847 Holdings LLC
Office: 212.417.9800
info@1847holdings.com

Dave Gentry, CEO
RedChip Companies
Office: 1.800.RED.CHIP (733.2447)
Cell: 407.491.4498
dave@redchip.com

SOURCE: 1847 Holdings LLC

ReleaseID: 577130

Capstone Continues to Expand Its Long-Term Rental Fleet as Part of Its Positive Adjusted EBITDA Strategy with a C600S Rental in the Permian Basin

VAN NUYS, CA / ACCESSWIRE / February 20, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it continues to execute against its planned 10 megawatt (MW) long-term microturbine rental business with the deployment of a C600 Signature Series microturbine in the Permian Basin with a repeat customer and one of the world's largest oil and gas companies. The new long-term rental was secured by Lone Star Power Solutions (www.lonestarpowersolutions.com), Capstone's exclusive distributor in Arizona, Texas, and the Gulf states.

The C600S long-term rental order increases Capstone's existing microturbine rental fleet from 7.0 MW to 7.6 MWs, and the company continues to expand the current factory long-term rental fleet to a target of 10 MW, as part of management's focus to achieve sustainable positive Adjusted EBITDA in the June 2020 quarter and beyond.

Capstone microturbines align perfectly with the needs of the oil and gas industry and are currently used in all phases of oil production, including upstream, midstream, and downstream operations in both onshore and offshore applications. Capstone long-term rentals provide oil and gas customers low operational cost, high availability, and high reliability.

"The demonstrated performance of Capstone Turbine products has proven to be an integral part of our customer's operational requirements," said Doug Demaret, President of Lone Star Power Solutions. "Capstone products allow Lone Star Power to provide its customers with 100% uptime, low emissions, and infrequent service visits, allowing our customers to focus on their core energy business," added Mr. Demaret.

With the instability in the global oil markets, the demand for rental units continues to grow as oil and gas companies look to conserve capital and focus on increasing free cash flow. Capstone is experiencing increased demand globally for long-term rental units, a trend the company expects to continue through 2020 and beyond.

"Developing a 10 MW long-term rental fleet is a critical component of management's plan to achieve not only positive Adjusted EBITDA in the June 2020 quarter, but the long-term high margin source of revenue is critical to enable us the opportunity to sustain positive Adjusted EBITDA beyond our June target," said Darren Jamison, President and Chief Executive Officer at Capstone Turbine. "The continued growth of our long-term rentals, long-term service contracts and expanded lower cost spare parts remanufacturing program are significant drivers of future margin expansion," concluded Mr. Jamison.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST) is the world's leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup, providing scalable systems focusing on 30 kWs to 10 MWs that operate on a variety of gaseous or liquid fuels and are the ideal solution for today's distributed power generation needs. To date, Capstone has shipped over 9,000 units to 73 countries and in FY19 saved customers an estimated $253 million in annual energy costs and 350,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, and YouTube.

Forward-Looking Statements

This press release contains "forward-looking statements," as that term is used in the federal securities laws. Forward-looking statements may be identified by words such as "expects," "believes," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

"Capstone" and "Capstone Microturbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:

Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

Integra Investor Relations Shawn M. Severson
415-226-7747
cpst@integra-ir.com

SOURCE: Capstone Turbine Corporation

ReleaseID: 577104