Monthly Archives: February 2020

Adial Pharmaceuticals Receives Approval to Commence Phase 3 Trial in Bulgaria

CHARLOTTESVILLE, VA / ACCESSWIRE / February 19, 2020 / Adial Pharmaceuticals, Inc. (NASDAQ:ADIL; ADILW), a clinical-stage biopharmaceutical company focused on the development of treatments for addiction, today announced that it has received approval to commence its Phase 3 study to investigate AD04 as a therapeutic agent for the treatment of Alcohol Use Disorder (AUD) in Bulgaria in persons with certain target genotypes related to the serotonin transporter and receptor genes. This includes receiving approvals from both the Bulgarian Drug Agency and the Bulgarian Ethics Committee for Clinical Trials overseeing the study.

"Bulgaria is expected be an important country in our Phase 3 trial of AD04 in biomarker-positive study participants," stated William Stilley, Chief Executive Officer of Adial Pharmaceuticals. "Approximately one-half of our planned clinical sites are located in Finland and Bulgaria, and we have already opened the trial in Finland. The approval to commence the Phase 3 trial in Bulgaria was received ahead of schedule, which we anticipate will accelerate enrollment and reduce the cost of the trial."

About Adial Pharmaceuticals, Inc.

Adial Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the development of treatments for addictions. The Company's lead investigational new drug product, AD04, is a genetically targeted therapeutic agent for the treatment of Alcohol Use Disorder (AUD) and is currently being investigated in a Phase 3 clinical trial for the potential treatment of AUD in subjects with certain target genotypes, which are to be identified using the Company's proprietary companion diagnostic genetic test. A Phase 2b clinical trial of AD04 for the treatment of AUD showed promising results in reducing frequency of drinking, quantity of drinking and heavy drinking (all with statistical significance), and no overt safety concerns (there were no statistically significant serious adverse events reported). AD04 is also believed to have the potential to treat other addictive disorders such as opioid use disorder, gambling, and obesity. www.adialpharma.com

Forward Looking Statements

This communication contains certain "forward-looking statements" within the meaning of the U.S. federal securities laws. Such statements are based upon various facts and derived utilizing numerous important assumptions and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. The forward-looking statements include statements regarding Bulgaria being an important country in our Phase 3 trial of AD04 in biomarker positive study participants, approximately one-half of our planned clinical sites being located in Finland and Bulgaria, approval to commence the Phase 3 trial in Bulgaria should help accelerate enrollment and reduce the cost of the trial and the potential of AD04 to treat other addictive disorders such as opioid use disorder, gambling, and obesity. Any forward-looking statements included herein reflect our current views, and they involve certain risks and uncertainties, including, among others, our ability to open the Phase 3 trial in Bulgaria and recruit patients in Bulgaria, our ability to deploy our diagnostic genetic test to avoid treating patients for whom we would not expect the drug to be effective, our ability to confirm the results of the Phase 2b trial in the Phase 3 pivotal studies, our ability to rapidly enroll the study and develop a protocol that can be successfully conducted, the ability to obtain approvals in additional countries, the ability to expand the use of AD04 for use in patients with opioid use disorder, gambling and obesity, the ability of AD04 therapy to perform as designed, to demonstrate safety and efficacy, as well as results that are consistent with prior results, the ability to enroll patients and complete the clinical trials on time and achieve desired results and benefits, our ability to obtain regulatory approvals for commercialization of product candidates or to comply with ongoing regulatory requirements, regulatory limitations relating to our ability to promote or commercialize our product candidates for specific indications, acceptance of its product candidates in the marketplace and the successful development, marketing or sale of products, our ability to maintain our license agreements, the continued maintenance and growth of our patent estate, our ability to establish and maintain collaborations, our ability to obtain or maintain the capital or grants necessary to fund its research and development activities, and our ability to retain our key employees or maintain our Nasdaq listing. These risks should not be construed as exhaustive and should be read together with the other cautionary statement included in our Annual Report on Form 10-K for the year ended December 31, 2018, subsequent Quarterly Reports on Form 10-Q and Current reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, unless required by law.

Contact:

Crescendo Communications, LLC
David Waldman / Natalya Rudman
Tel: 212-671-1021
Email: dwaldman@crescendo-ir.com

SOURCE: Adial Pharmaceutical, Inc.

ReleaseID: 576969

Entertainment Celebrity Looks to Expand Local Reach With Newswire’s Earned Media Advantage Guided Tour

To help book additional corporate events and sell tickets to shows, this magician and entertainer turned to Newswire's Earned Media Advantage Guided Tour.

NEW YORK, NY / ACCESSWIRE / February 19, 2020 / An up-and-coming entertainment celebrity specializing in magic has officially signed on with Newswire's Earned Media Advantage Guided Tour to increase their local reach. By targeting local outlets, Newswire's team will look to enhance his personal brand to improve awareness, overall media coverage, and attendance for his shows.

Newswire's Earned Media Advantage Strategists have worked across a variety of industries, entertainment being one of them. Whereas technology companies, healthcare institutions, and other B2C markets rely on brand awareness campaigns to increase overall sales, entertainment figures look to leverage the increased awareness to improve show attendance numbers, online streams, content viewership, and more. These metrics are equivalent to sales in the entertainment industries, and they are ultimately the areas that Newswire's team members will look to improve through the Guided Tour.

"The entertainment industry almost always poses exciting challenges for our team, as we get to take a slightly different approach when it comes to distribution and outreach," said Charlie Terenzio, Director of Earned Media Strategy.

"Whereas our customers in other B2C industries are seeking increased product sales out of the EMA GT, our entertainment-based clients are looking to increase sales in different regard. Increased brand awareness can lead to increased ticket sales, but also online streams increased advertisement revenue for their social profiles or increased merchandise sales. It's a slightly different space that needs a ‘customerized' approach, which we are more than happy to offer."

Customers can now transform ‘owned' media (press releases) into the ‘Earned Media Advantage'. Using the right strategies, customers can lower their costs of press releases, increase the value of each release and lower paid-media costs while shortening the journey to achieve earned media mentions.

To ensure the success of the services, an expert Earned Media Advantage Strategist leads customers through the journey every step of the way. The journey is designed to empower the Earned Media Advantage by developing a plan that is based on a media communications survey that defines press release content value and distribution. Customers are also provided a media communications calendar, services to set up, operate and manage media databases, media monitoring alerts, statistical analysis, reporting and media room news collection and sharing to ensure Customer Success.

Discover How the Earned Media Advantage is Transforming Business today and learn how to compete in the industry.

About Newswire​

Newswire delivers press release and multimedia distribution software and services (SaaS) that empower the Earned Media Advantage: greater brand awareness, increased traffic, greater return on media and marketing communications spend and the competitive edge. With over a decade of experience, Newswire continues to provide its customers with the ability to deliver the right message to the right audience at the right time through the right medium.​

To learn about and experience Newswire, visit http://www.newswire.com.

Contact Information

Charlie Terenzio
Director of Earned Media Strategy
​Newswire
​Office: 813-480-3766
Email: charlie@newswire.com

SOURCE: Newswire

ReleaseID: 576554

Surviveware’s Survival Kit Boosts Outdoor and Emergency Preparedness

Leading Emergency Gear Retailer Offers a New Level of Survival Preparedness

Woodbridge, United States – February 19, 2020 /MarketersMedia/

Surviveware, a leading retailer of adventure and survival gear, is pleased to announce that their newest product, the Survival First Aid Kit, has already garnered 30 5-Star reviews on Amazon. This new backcountry survival kit has opened more opportunities for outdoorsmen to increase their preparedness and safety levels. This is something that Surviveware can offer to the growing outdoor adventure market.

To boost the kit’s efficiency, Surviveware included first aid gear, survival tools, and hygiene products. The gear has undergone rigorous testing to ensure that it is of the highest, durable quality on the market. The company guarantees that this pack will be able to meet the needs and requirements of its kit owners.

The provisions are stored inside a 600D polyester bag that secures its contents in place. This material is water-resistant, which helps in repelling water and dirt that can ruin the contents of the backcountry survival kit. Moreover, since its soft-shell case is made from durable cloth, it won’t add unnecessary weight to the entire pack.

One of the sought-after features of all Surviveware kits, which are all available on Amazon Prime, is their organized and labeled compartments. This element is also present in this new preparedness superstar. Aside from the usual labeled compartments, Surviveware added color-coded tags inside the pack. Since each backcountry survival first aid kit contains three sets of supplies, Surviveware assigned a color to each one. Sections marked red are for first aid supplies while the blue and green ones are for hygiene products. Survival tools like a wire saw and tactical flashlight are in the black-labeled slots.

Customers love the MOLLE-system that the company incorporates into its kits. The heavy-duty snaps, combined with a wide Velcro panel, makes it easier to strap the bag in place and retrieve it without any problems. It also enables the kit to be attached to any hiking and camping backpacks, thereby making it more accessible during emergencies.

More and more adventure-seekers are discovering new ways of improving their outdoor preparedness experience. In an Amazon review written by a Surviveware Amazon, he shared the reason he decided to place an order for the company’s newest backpacking survival kit:

“Love Love Love this survival kit. It’s quality at my fingertips and so much more useful than a standard first aid kit. We love to hike, and this is the perfect size and has the ideal items you would want when spending long periods outside, especially for those unplanned emergencies. I love how the compartments are all labeled, so it’s really easy to find everything. I can’t comment on the use of the items as I thankfully have yet to need them, but I feel really good about what I have with me in the case I ever do. Highly recommend!”

Get your 2020 backcountry adventure trips rolling with Surviveware’s newest backcountry survival kit. Order your first Surviveware Survival First Aid Kit today by clicking here.

Contact Info:
Name: Amanda Condry
Email: Send Email
Organization: Surviveware
Phone: 703-910-5188
Website: https://surviveware.com

Source URL: https://marketersmedia.com/survivewares-survival-kit-boosts-outdoor-and-emergency-preparedness/88946724

Source: MarketersMedia

Release ID: 88946724

American Video Game Developer and Esports Tournament Organizer Utilized Earned Media Advantage Guided Tour

The world-renowned game studio and pioneer in esports finds unique value in the services provided by Newswire's integrated, on-demand media and marketing communications utility.

NEW YORK, NY / ACCESSWIRE / February 19, 2020 / One of the largest game developer studios and esports league organizers in the world has utilized Newswire's industry expertise to get international attention as part of the Earned Media Advantage Guided Tour. Understanding the value of convenience, speed and efficiency, the globally recognized game-studio has put into use Newswire's team of industry experts to announce its latest multi-million dollar esports event which has already received coverage from ESPN, Newsweek, FoxBusiness, and more.

"This is a great opportunity for us here at Newswire to work with a brand with a colossal global impact and showcase our abilities in helping them to expand their brand presence throughout the global and to help sell tickets to their event which attracted over 30,000 attendees," says Charlie Terenzio at Newswire. "We want to show everyone that we offer the same high-quality service to businesses of all sizes with our proven system of planning, strategy, and outreach. Whether a company is doing $1 million or $1 billion in revenue, we'll provide them with the same level of care and attention to detail."

An integrated media and marketing communications plan was developed together with Newswire's team of industry experts. Prioritizing the announcement of their latest star-studded esports event allowed for the studio to focus its attention on creating a sensational, one-of-a-kind experience for which they are known.

"The fact that a studio like this, whose reach and brand recognition is on a global scale, recognizes the value and utility that the Earned Media Advantage Guided Tour can provide speaks volumes. We're eager to continue working with this development studio and provide them a great service in relieving them of the burdens involved with media outreach and discovering new audiences," adds Terenzio.

Customers can now transform owned media (press releases) into the Earned Media Advantage: greater brand awareness, increased traffic, greater return on media spend and increased sales. As a result, customers can lower their costs of press releases, increase the value of each release and lower paid-media costs while shortening the journey for the Earned Media Advantage.

The journey is designed to empower the Earned Media Advantage by developing a plan that is based on a media communications survey that defines press release content value and distribution. Customers are also provided a media communications calendar, services to set up, operate and manage media databases, media monitoring alerts, statistical analysis, reporting and media room news collection and sharing to ensure Customer Success.

Discover How the Earned Media Advantage is Transforming Business today and learn how to compete in the industry.

About Newswire​

Newswire delivers press release and multimedia distribution software and services (SaaS) that empower the Earned Media Advantage: greater brand awareness, increased traffic, greater return on media and marketing communications spend and the competitive edge. With over a decade of experience, Newswire continues to provide its customers with the ability to deliver the right message to the right audience at the right time through the right medium.​

To learn about and experience Newswire, visit http://www.newswire.com.

Contact Information

Charlie Terenzio
Director of Earned Media Strategy
​Newswire
​Office: 813-480-3766
Email: charlie@newswire.com

SOURCE: Newswire

ReleaseID: 576552

Lavatory Service Vehicles Market to Cross US$ 119 Mn by 2028; 50-100 Gallons to Remain Preferred Capacity, Concludes Fact.MR in a New Study

Applications in the aviation industry to remain major contributors to the lavatory service vehicles market, owing to proliferation in passenger traffic.

DUBLIN, IR / ACCESSWIRE / February 19, 2020 / The global lavatory service vehicles market is set to surpass a value of US$ 119 Mn by the end of 2028, according to the projections of a new market intelligence study by Fact.MR. Businesses in lavatory service vehicles market are increasingly focusing on the integration of advanced technologies and materials to gain traction among consumers.

"Growing adoption of zero-emission GSE (Ground Support Equipment), including lavatory service vehicles is foreseen to redefine growth prospects of electric lavatory service vehicles", says the Fact.MR report.

Request PDF Sample of 250+ pages report on the lavatory service vehicles market-

https://www.factmr.com/connectus/sample?flag=S&rep_id=1912

Lavatory Service Vehicles Market: Key Findings

Lavatory service vehicles with holding capacities of 50 – 100 gallons are gaining traction, with projected incremental opportunity of US$ 16 Mn in the forecast period.
Lavatory service trucks will remain preferred product category.
Cumulatively, electric and non-electric lavatory service vehicles account for 89 % of the global market.
North America is set to exhibit higher CAGR, on back of new commercial and defense infrastructure projects.

Lavatory Service Vehicles Market: Key Driving Factors

Rising adoption of zero-emission GSE will remain key growth influencer for electric lavatory service vehicles.
Rapid advances in technology and the growth of commercial aviation industry are increasing the scope of lavatory service vehicle applications.
Airports seek to increase investments in large capacity lavatory service vehicles for greater cost-effectiveness
Tech automation innovations to minimize accidents during operations, thus supporting global adoption rates.

Explore 142 figures, 117 tables in the study. Request ToC of the report at-

https://www.factmr.com/report/1912/lavatory-service-vehicles-market

Lavatory Service Vehicles: Key Market Restraints

The need for trained professionals to operate lavatory service vehicles increases operational costs and restricts market growth.
Strict regulations regarding emission control will remain key challenge for lavatory service vehicle manufacturers.

Competition Landscape

The global lavatory service vehicles market is moderately fragmented. Industry leaders are focusing their efforts on product improvements for better control over fluid transfer operations to minimize accidental overfilling. Manufacturers have also incorporated utilization of rust-proof, UV-resistant, and crack resistant materials to boost safety and efficiency standards. The report has also profiled key players in the global lavatory service vehicles market, including but not limited to Vestergaard, AERO Specialties Inc., TLD Group, Lift-A-Loft engineered aerial solutions, Access Air Systems, and TBD Owen Holland Ltd.

About the Report

This 250+ pages study provides detailed forecast data on the lavatory service vehicles market. The key categories covered in the report include vehicle type (trucks and carts), engine power (electric, non-electric, and hybrid), maximum capacity (under 50 gallons, 50-100 gallons, 101 – 200 gallons, and over 200 gallons), application (commercial and defense) and 25+ countries in key regions (North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa, and Japan).

Explore Fact.MR's Detailed Coverage of Automotive Landscape

Vehicle Parking Meter Market– The study analyzes the impact of government policies, industry regulations and automotive finance schemes on global use of vehicle parking meters.

Automotive Clear Vision Systems Market– A detailed analysis on the most lucrative markets for automotive clear vision systems, and trends that are likely to affect demand around the world.

Automotive Tubeless Tires Market– The report discusses segmentation of the automotive tubeless tires market and its relation to the global automotive sector and economy.

About Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the veteran research team at Fact.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the automotive sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Contact:

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai, United Arab Emirates
MARKET ACCESS DMCC Initiative
Email: sales@factmr.com
Web: https://www.factmr.com/
PR- https://www.factmr.com/media-release/1263/lavatory-service-vehicles-market-demand

SOURCE: Fact.MR

ReleaseID: 576967

DNA Brands Updates on OTC Markets Status

FORT LAUDERDALE, FL / ACCESSWIRE / February 19, 2020 / DNA Brands Inc. is pleased to update that yesterday Feb 18th 2020, the company issued a press release regarding future opportunities that lay ahead for the company. One topic missed in yesterday's press release was the status of the company on OTC markets.com.

In the coming days the company will be paying the necessary fees to OTC markets and will upload their 2019 Q3 financials ,(which are completed). In addition the 2019 Q4 Annual Report (currently working on), to once again be OTC Current and compliant.

CEO Adrian McKenzie stated the Following: " In general the company has been pretty compliant. After wearing several hats to complete our recently qualified Reg A filing. As a business owner, I had to prioritize where to allocate limited resources. Now that the company is positioned for what I would call, good solid growth. My number one priority will be, in the coming days, to take all the necessary steps to once again be OTC current and compliant. The company is in regular communications with OTC markets to be as transparent as possible."

Current Share Structure

The current Authorized Shares are: 3,613,000,000 common shares Authorized. The breakdown is as follows:

There are approximately 770 Million common shares Issued and Outstanding, of which Adrian McKenzie, CEO of DNA Brands owns 680 Million shares (restricted), which leaves about 105 million shares in the Float (Public hands). At present, that makes the company 88% Insider owned.
2.5 Billion shares of common stock have been reserved for the Reg A offering. These shares will only be issued over time to our investment banking partner, as per investment needed to grow the company.
The Only Preferred shares issued and valid are the Series F Shares, which are the voting Shares, Held by CEO Adrian McKenzie.

Please Note: The share count described on OTC markets is not accurate. For reasons unknown, OTC markets has included the 2.5 Billion REG A Reserved shares, as issued. They are not.

To date, there has only been 25 million shares issued from the Reg A offering. Once the company pays the necessary fees to OTC markets in the coming days, DNA will work with its transfer agent and OTC Markets to correct this information.

About DNA Brands Inc.

DNA Brands is a Holding company. The Primary asset of the company is the Two Time award Winning Energy drink line (DNA ENERGY). The flavors are citrus, lemon lime, citrus sugar free, and cranberry raspberry sugar free flavors under the DNA Energy Drink brand name. At Present the company owns all the IP that developed the energy drink line. In addition the company also has a Revenue generating fleet agreement with ridesharerental.com, where by DNA owns a fleet of cars that it rents to Transportation Network Providers (TNP's)/ Rideshare drivers.

DISCLAIMER

This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All Statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward -Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.

CONTACT:

Adrian McKenzie-Patasar
(561) 654-5722
info@dnabrandsinc.com

SOURCE: DNA Brands Inc.

ReleaseID: 576892

Stonegate Capital Partners Initiates Coverage on Safehold Inc. (NYSE:SAFE)

DALLAS, TX / ACCESSWIRE / February 19, 2020 / The full report can be accessed by clicking on the following link: http://stonegateinc.com/reports/SAFE%202.19.20%20Initiation-2.pdf

COMPANY DESCRIPTION

Safehold Inc. (NYSE:SAFE), is a real estate ownership company that acquires, manages, and capitalizes a portfolio of ground leases throughout the United States. Safehold is seeking to disrupt the $7 trillion real estate industry by delivering a more efficient solution to the conventional real estate ownership model through its use of ground lease capital and aims to deliver a unique combination of safety, excess returns and capital appreciation to its shareholders. The Company targets top metropolitan areas across property types, operates as a real estate investment trust (REIT) for tax purposes, and is managed by its largest shareholder, iStar Inc. SAFE held its IPO on June 22, 2017 and is headquartered in New York, NY.

SUMMARY

• Disruptive Solution to a Large Market – Safehold has formulated a new approach to ownership in the over $7 trillion US real estate industry by reinventing ground leases. The Company seeks to invest in long-term ground leases with values at ~30 – 40% of the combined land, building and improvements value; SAFE structures its deals so that buildings/improvements are separated from the land beneath them, offering tenants flexible options for financing with less costly terms.

• More Efficient Solution for Real Estate Owners – Safehold adds value to real estate owners and investors by separating the lower returning land asset from the higher returning operating asset, the building. This separation increases returns for developers and property investors. Safehold ground leases also reduce the frictional costs associated with selling a building such as taxes and fees as well as decreasing debt maturity risk to the building operator by replacing short term debt with 99-year capital.

• What is a Ground Lease – A ground lease is an agreement between a landowner and tenant in which the tenant agrees to pay rent to the landowner in exchange for developing and operating commercial property. These leases are generally very long term between 30 and 99 years in length with reversion rights of the property to the landowner in the event of non-payment or failure to renew the lease.

• Unique Investment Characteristics – We note several benefits to SAFE's portfolio of ground lease assets, including safety, growing income, and capital appreciation potential. The Company's ground leases hold senior positions in the real estate capital structure, and rent escalations are included in each lease. The land underlying the leaseholds capital appreciation potential, as well as the buildings and improvements upon the land, which ultimately revert to SAFE upon lease termination.

• Exponential Growth – SAFE has demonstrated its ability to deliver exponential yet low-risk growth for investors through its ground lease portfolio. Safehold most recently reported in excess of $2.7B in total assets.

• Partnership with iStar – Safehold is an externally managed REIT under an agreement with SFTY Manager, LLC, which is a wholly-owned subsidiary of iStar Inc. (NYSE: STAR). iStar is presently the largest shareholder of SAFE, and thus its interests are heavily aligned with those of SAFE shareholders. iStar's organization of ~170 team members has a long history in the industry as well as extensive connections with brokers, corporate tenants, and developers.

• Valuation – We believe that SAFE offers a unique and risk-adjusted real estate investment opportunity for the marketplace. Using an adjusted DCF framework, we come to a range of $60.29 to $85.28, with a mid-point of $71.99. Additional Details can be found on page 7.

About Stonegate Capital Partners

Stonegate Capital Partners is a Dallas-based corporate advisory firm dedicated to serving the specialized needs of small-cap public companies. Since our inception, our mission has been to find innovative, undervalued public companies for our network of leading institutional investors who seek high-quality investment opportunities.

CONTACT:
214-987-4121
Shane Martin, CFA

SOURCE: Stonegate Capital Partners

ReleaseID: 576918

Great Atlantic Intersects 61.35 g/t Gold Over 2.04 meters – Golden Promise Gold Property – Central Newfoundland

VANCOUVER, BC / ACCESSWIRE / February 19, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce it has received analytical results for the fifth through tenth drill holes completed during the 2019 Phase 1 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The drilling program was conducted at the Jaclyn Main Zone.

The analytical results received are for drill holes GP19-141, GP19-142 (stopped prematurely), GP19-142B, GP19-143, GP19-144 and GP19-145.

Highlights of gold assays include (core length):

GP19-143: 11.35 grams per tonne (g/t) gold over 0.71 meters and 16.79 g/t gold over 0.45 meters.

GP19-144: 61.35 grams per tonne gold (g/t) over 2.04 meters.

GP19-145: 14.49 g/t gold over 1.52 meters.

Drill hole GP19-141 tested the central and deeper part of the Jaclyn Main Zone (JMZ). Drill holes GP19-142 (stopped prematurely), GP19-142B, GP19-143, GP19-144 and GP19-145 tested the west half of the JMZ within the conceptual open pit area.

Drill holes GP19-141, GP19-142, GP19-142B and GP19-144 were drilled at azimuths of approximately 335-340 and dips of 66 to 70 degrees to intersect the gold bearing, northeast-east striking, southeast-dipping JMZ quartz vein system. Drill holes GP19-143 and GP19-145 were drilled at azimuths of approximately 300 degrees and dips of 50-62 degrees to intersect the JMZ vein system and possible cross-veins. Drill hole GP19-142 was stopped prematurely at 16 meters length and did not reach the planned target depth. Significant gold intersections for these drill holes as well as previously reported intersections for drill holes GP19-137 to GP19-140 (Company News Releases of February 6 and 12, 2020) include the following:

Hole No.

From
(m)

To
(m)

Length
(m)

Au
(g/t)

GP19-137

82.90

84.80

1.90

12.37

includes

82.90

83.60

0.70

11.09

includes

83.60

84.50

0.90

9.50

includes

84.50

84.80

0.30

24.00

GP19-138

18.50

19.05

0.55

113.07

GP19-138

47.10

47.37

0.27

93.96

GP19-139

97.50

100.20

2.70

15.70

includes

97.50

98.65

1.15

7.45

includes

99.40

100.20

0.80

42.35

GP16-140

51.80

77.05

25.25

2.30

includes

51.80

53.40

1.60

12.50

includes

57.48

58.16

0.68

3.06

includes

67.46

68.31

0.85

12.33

includes

70.15

71.05

0.90

8.68

includes

75.59

77.05

1.46

11.38

GP19-141

182.58

183.05

0.47

1.37

GP19-143

29.87

30.58

0.71

11.35

GP19-143

91.70

92.15

0.45

16.79

GP19-144

22.45

24.49

2.04

61.35

includes

22.45

22.88

0.43

1.55

includes

22.88

24.49

1.61*

77.32

GP19-145

38.10

39.62

1.52

14.49

includes

38.10

38.61

0.51

1.68

includes

38.61

39.62

1.01

20.96

* 31% core loss between 22.88-24.49 meters.

The lengths reported in the preceding table are core lengths and not true widths. Due to multiple gold bearing quartz veins intersected in this part of the JMZ, possible different vein orientations, and a slight reported change in the strike of the JMZ in this part of the zone, more information is required to estimate the true thickness of these vein intersections.

GP19-144: 61.35 g/t gold over 2.04 meters (core length)

GP19-145: 14.49 g/t gold over 1.52 meters (core length)

The 2019 Phase I diamond drilling program consisted of 10 holes (including GP19-142 stopped prematurely) totaling 1,063 meters. The drilling program primarily tested the west half of the JMZ within the conceptual pit-constrained area. Drill hole GP19-141 tested the deeper and central part of the JMZ. All holes were drilled to the northwest (300 to 340 degrees azimuth) at dips of 50 to 80 degrees to intersect the JMZ. All nine holes that were drilled to planned depths intersected quartz veins with plus / minus sulfide mineralization. Visible gold is present within quartz veins intersected in holes GP-19-138, GP-19-139, GP-19-140 and GP-19-144. The hole numbering system used for the Phase 1 drilling program was consistent with and continued from that used by previous explorers. The 2019 drilling program was managed by a Qualified Person.

The drill core samples were analyzed at Eastern Analytical Ltd. Samples of main quartz veins and quartz veined zones were analyzed by the Total Pulp Metallics method. This involves crushing of the entire sample to -10 mesh and pulverizing to 95% -150 mesh. The total sample is then weighed and screened 150 mesh. The +150 mesh fraction is fire assayed for gold, and a 30 gram sub-sample of the -150 mesh fraction is fire assayed for gold. A calculated weighted average of total gold in the sample is reported as well (significant gold intersection values reported in this News Release). Samples of meta-sediment with +/- quartz veins were assayed for gold by fire assay (30-gram sub-samples) and analyzed for 34 elements (200-mg sub-samples totally dissolved in four acids and analyzed by ICP-OES). Eastern Analytical, a certified laboratory, is independent of Great Atlantic. Blank and standard samples were included in the sample submissions to Eastern Analytical. Duplicate analysis was conducted for some samples.

Five gold bearing quartz vein systems are reported at the Jaclyn Zone, being the JMZ, Jaclyn North Zone, Jaclyn West Zone, Jaclyn South Zone and Jaclyn East Zone. The Jaclyn Zone is located within the northern region of the Golden Promise Property and has been the focus of multiple diamond drilling programs during 2002-2010 and a bulk sample program at the JMZ during 2010. Majority of the historic drilling was conducted at the JMZ.

Great Atlantic reported a National Instrument 43-101 mineral resource estimate for the JMZ in late 2018 (News Release of December 6, 2018; and Sedar-filed National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the JMZ is as follows:

Resource

Cutoff Au g/t

Au Cap g/t

Au Uncap g/t

Tonnes

Au Ounces Capped

Au Ounces Uncapped

Total

1.1

9.3

10.4

357,500

106,400

119,900

Pit-Constrained

0.6

11.4

14.1

157,300

57,800

71,200

Underground

1.5

7.5

7.6

200,200

48,600

48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

As reported in the National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo., the JMZ was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drill holes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located within a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Minerals Corp. (TSXV.SIC) at the Moosehead Gold Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Gold Project. Readers are warned that mineralization at the Moosehead Property and Valentine Gold Project is not necessarily indicative of mineralization on the Golden Promise Property.


David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the Board of Directors

"Christopher R Anderson"

Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director
604-488-3900 – Dir

Investor Relations:
Please call 604-488-3900

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

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

SOURCE: Great Atlantic Resources Corp.

ReleaseID: 576928

Bitterroot Resources’ Option Agreement on the LM Nickel-Copper-PGM Propery

VANCOUVER, BC / ACCESSWIRE / February 19, 2020 / Bitterroot Resources Ltd.'s (TSXV:BTT) ("Bitterroot") Michigan subsidiary has entered into an option/joint venture agreement whereby Below Exploration, Inc., ("Below") a private Michigan corporation, can earn a 49% joint venture interest in Bitterroot's 100%-leased LM nickel-copper-platinum-palladium property in Baraga County, Michigan. Below is required to fund US$285,000 of exploration expenditures prior to the first anniversary of the agreement to earn a 49% joint venture interest. Bitterroot will be the project operator, regardless of its ownership level, and retains a right of first refusal over Below's property interest. Following vesting of its 49% interest, Below will have a 90-day option to convert its interest in the project into Bitterroot shares. The value of the project will be determined at that time by an independent Qualified Person acceptable to both parties. If it were to occur, the conversion into Bitterroot shares will be subject to the approval of the TSX Venture Exchange and is subject to applicable securities laws. If Below does not exercise the share conversion option, the joint venture will continue.

The LM nickel-copper-PGM property comprises 100%-leased, privately-owned mineral rights located approximately 25 km west of Lundin Mining's Eagle Mine, in a similar geologic setting. In 1995, following the discovery of nickel-copper mineralized boulders in a nearby gravel pit, Kennecott Exploration Company drilled one shallow angle hole on the LM target. This hole intersected 190 metres of an olivine gabbro intrusion which is prospective at depth for conduit-hosted, high-grade magmatic nickel-copper-PGM deposits similar to the Eagle and Eagle East deposits. The 1995 Kennecott angle hole tested the Eagle-sized LM intrusion to a depth of only 170 metres below surface. In the mid 2000's, several years after Kennecott had released the LM Property, drilling nearby intersected nickel-copper mineralization in similar, but much smaller, mafic intrusions at approximately 500-600 metres below surface. Bitterroot and Below plan to drill-test the LM intrusion at similar depths. Bore hole EM techniques may also be used to guide subsequent drilling.

A ground magnetic survey completed in January 2020 has confirmed the position of the ~200-metre-diameter, pipe-shaped LM intrusion. Bitterroot and Below plan to complete two 650-metre sub-vertical core holes to test the intrusion for nickel-copper-platinum-palladium mineralization near the unconformity between Paleoproterozoic Baraga group sediments and older Archean gneiss. A map showing the LM property's ground magnetic response and a simplified cross section showing the drill target are posted on Bitterroot's website www.bitterrootresources.com.

Jeffrey Rowe, P.Geo is the Qualified Person responsible for the technical content of this disclosure.

ON BEHALF OF THE BOARD OF DIRECTORS OF THE COMPANY:

Michael S. Carr
Director

Contact information:

Telephone 604 922 1351
Email infoman@bitterrootresources.com

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

FORWARD-LOOKING STATEMENTS: Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company's ability to execute and implement its future plans. Forward-looking statements in this press release include but are not limited to the final approval of the TSX Venture Exchange and the Company's planned use of the proceeds of the Private Placements. Factors that could cause actual results to differ materially from those in forward-looking statements include that the Company does not receive final regulatory acceptance to the Private Placements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws. For such forward-looking statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

SOURCE: Bitterroot Resources Ltd.

ReleaseID: 576925

Organto Announces Appointment of Michiel Groenewegen as Business Development Manager

Further Expands Commercial Development Resources

VANCOUVER, BC / ACCESSWIRE / February 19, 2020 / Organto Foods Inc. (TSXV:OGO)(OTC:OGOFF) ("Organto"). Organto today announced the appointment of Mr. Michiel Groenewegen to the position of Business Development Manager, based in Breda, the Netherlands. Mr. Groenewegen brings over 30 years of hands-on fresh fruits and vegetables supply chain, marketing, business development and category management experience to Organto, including over 20 years of direct experience in the organic fruit and vegetables category. In this role, Mr. Groenewegen will report to Rients van der Wal, Chief Operating Officer of Organto and CEO of Organto Europe, B.V.

"We are pleased to have Michiel join our team at this very exciting time in our history." commented Rients van der Wal, Chief Operating Officer of Organto and CEO of Organto Europe, B.V. "We have been making solid progress in the development of our integrated organic fruits and vegetables business, and Michiel adds further depth to our commercial team. Michiel brings extensive organic industry experience throughout the entire value chain from procurement through logistics, selling and account management. Michiel shares our passion for healthy fresh fruits and vegetables and is a pioneer in the organic category, and we are anxious to leverage his deep knowledge base and entrepreneurial drive as we continue to accelerate our growth in existing categories and expand into others."

Over the past 20 years Mr. Groenewegen has held a variety of commercial positions with a number of Dutch based fruit and vegetable operators, serving the European market with products sourced from around the globe. An entrepreneur at heart, Michiel is fluent in English, Dutch, German, French and Spanish and brings with him a wealth of international business experience with a key focus on Europe.

ON BEHALF OF THE BOARD

Steve Bromley
Chair and Interim Chief Executive Officer

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 news release.

For more information contact:

Investor Relations
604-634-0970
1-888-818-1364
info@organto.com

ABOUT ORGANTO

Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders. The Organto Foods Group is an integrated provider of year-round value-added branded organic vegetables and seasonal organic and non-GMO fruit and vegetable products using an asset-light business model to serve a growing socially responsible and health conscious consumer around the globe.

FORWARD LOOKING STATEMENTS

This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's current business model and related expertise; Organto's belief that Mr. Groenewegen's deep industry experience will be a valuable addition to Organto; Organto's belief that Mr. Groenewegen's addition will help accelerate growth in existing categories and expand into others; management's beliefs, assumptions and expectations; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto's business model will be implemented; cost increases; dependence on suppliers, partners and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors and partners. and joint venturers. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law.

SOURCE: Organto Foods Inc.

ReleaseID: 576951