Monthly Archives: February 2020

Corporate Update: CFO Transitioning and Amended Snow White Payment Terms

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

Vancouver-based CFO transitioning to a fulltime position
Company has secured Toronto-based finance and accounting support
Partnered with Option Holders to amend timing of cash payments for the Snow White Property

TORONTO, ON / ACCESSWIRE / February 21, 2020 / Rogue Resources Inc. (TSX-V:RRS) ("Rogue" or the "Company") is disappointed to announce that Angela Yap, its Chief Financial Officer ("CFO") since March of 2015 has chosen to accept fulltime employment near her home in Vancouver and will transition out of the part-time CFO role she has held with the Company. Ms. Yap will continue to support Rogue as an Advisor and in her place, Rogue has secured a Toronto based external group to provide finance and accounting support.

"It is with a heavy heart that we lose Angela, she has been rocksteady since we joined Rogue in 2016 and she has repeatedly proven to be an invaluable member of our team", said Sean Samson, President and CEO of Rogue. "I understand her decision and we wish her the very best going forward."

Mr. Samson will act as the Interim CFO until such time as an appropriate candidate is identified.

Rogue is pleased to report that it has entered into an agreement to amend the payment terms (the "Amendments") for the Company's previously announced acquisition of the Snow White quartz project, located near Massey, Ontario, Canada ("Snow White" or the "Project"). Rogue acquired the Project in December 2017 from a Sudbury-based prospector (see press releases dated October 20, 2017 and December 14, 2017) and initially amended the terms in 2018 (see press release dated June 18, 2018). To date, Rogue has made cash payments totaling CAD$95,000. Under the terms of the Amended Agreement, Rogue has agreed to deliver additional cash payments of up to an aggregate of CAD$440,000 upon the earlier of achievement of certain production milestones and the end of 2024 (the "Payment Period") starting in December 2020. All other terms of the Agreement remain unchanged.

The negotiated amended agreement shifts the payment schedule by 1 year, extending the term of the agreement to 2024 and increases the 2020 payment to $120,000 to maintain the option in good standing, adding a total of $40,000 to the aggregate payments .

About Rogue Resources Inc.

Rogue is a mining company focused on generating positive cash flow. Not tied to any commodity, it looks at rock value and quality deposits that can withstand all stages of the commodity price cycle. The Company includes Rogue Stone-selling quarried limestone for landscape applications; Rogue Quartz- focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Québec; and Rogue Timmins with the nickel resource at Langmuir and the gold potential at Radio Hill.

Rogue is always searching for projects or mines that meet its criteria of "Grade, Stage and Jurisdiction".

For more information visit www.rogueresources.ca.

For additional information regarding this news release please contact:

Sean Samson
+1-647-243-6581
info@rogueresources.ca

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain statements or disclosures relating to the Company that are based on the expectations of its management as well as assumptions made by and information currently available to the Company which may constitute forward-looking statements or information ("forward-looking statements") under applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "intends", "target", "estimates", "projects", "continue", "potential" and similar expressions, or are events or conditions that "will", "would", "may", "could" or "should" occur or be achieved.

In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to the following: the increasing demand for Armour; the continued evolution of the product mix; the future purchase volumes and pricing of the Preferred Partners; finalization of purchase orders; meeting remaining Ministry regulatory requirements at Bobcaygeon Quarry; closing of the acquisition of the Orillia Quarry; securing financing for the Orillia Quarry; operations at the Bobcaygeon Quarry; sales from the Bobcaygeon Quarry; obtain debt financing for the Company's operations on terms acceptable to the Company or not at all.

The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of the Company including, without limitation: business strategies and the environment in which the Company will operate in the future; commodity prices; exploration and development costs; mining operations, drilling plans and access to available goods and services and development parameters; regulatory restrictions; the ability of the Company to obtain applicable permits; activities of governmental authorities (including changes in taxation and regulation); currency fluctuations; the global economic climate; and competition.

The Company believes that the material factors, expectations and assumptions reflected in the forward-looking statements contained in this news release are reasonable at this time but no assurance can be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, without limitation, those risks identified in the Company's most recent annual and interim management's discussion and analysis, copies of which are available on the Company's SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive and are cautioned not to place undue reliance on these forward-looking statements.

If the closing of the Orillia Quarry acquisition does not occur for any reason including the receipt of applicable regulatory approvals, or if revenues and/or profitability from the Bobcaygeon Quarry are not sufficient, then there is a specific risk that the market price of the Company's securities will be negatively impacted.

The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration is available.

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

SOURCE: Rogue Resources Inc.

ReleaseID: 577417

Captis Intelligence Partners With Milestone Systems to Launch Industry-First, VMS-Embedded Subject Identification Application

Allows Milestone XProtect Users to ID Individuals with One Click

LOS ANGELES, CA / ACCESSWIRE / February 21, 2020 / Captis Intelligence, a leader in I-4 crime solutions delivering Intelligence, Information, Investigation and Identification, today announced a significant new partnership with Milestone, the world's largest Video Management System provider. Captis ODSI (On-Demand Subject Identification), a plug-in application exclusively designed for Milestone's leading XProtect VMS, is now available on the Milestone Marketplace. The app provides end-users with a completely embedded solution to instantly identify individuals in seconds with one click. An industry first, Captis ODSI includes exclusive access to the Captis Database, the largest private database of criminals in North America with over 30 million images.

More than 22,000 locations in North America, including dozens of Fortune 500 organizations, are already using Captis ODSI to identify thousands of criminals. The integration of this breakthrough technology leverages the Milestone XProtect VMS platform to add a seamlessly embedded post-incident identification system. XProtect users can simply pause/still a recorded incident video and then press the Captis logo below the video to instantly run an ODSI scan across the Captis database. Results are displayed within XProtect according to match percentages.

"We are proud of the new subject identification capabilities that this industry-first solution brings to Milestone XProtect users," stated Dario Brebric, President of Captis Intelligence. "The ability to get results within seconds from our unique database of over 30 million images is a game-changer for security."

The Captis ODSI plug-in is now available on the Milestone Marketplace for customers within North America. Users can select a camera to register, complete a transaction, and have unlimited access immediately. Captis ODSI has resulted in decreasing criminal investigation time from weeks to seconds. Used as a post-incident investigation tool, Captis ODSI eliminates the need to scan and catalog pictures of the general public, focusing only on identifying subjects who have committed crimes. The Captis database contains only criminals whose records have been made publicly available, further amplifying Captis' commitment in a non-intrusive suspect identification system.

"Through this collaboration, Milestone XProtect users have the unique opportunity to quickly identify criminals directly through their VMS," said Brebric. "We at Captis are committed to developing new and better ways to create a more secure environment."

For more details, please visit https://www.milestonesys.com/marketplace/captis-intelligenceqface-systems/captis-on-demand-subject-identification-services

About Captis Intelligence

Captis Intelligence's I-4 platform (Intelligence, Information, Investigation, Identification) provides an advanced cloud-based system for public and private sector applications. Captis unifies situational awareness, geographic crime intelligence, social media investigation, subject identification, criminal databases, access to solveacrime.com, and secured information exchange portals for neighboring businesses and law enforcement with a "Subject Tracker" capability providing notification alerts when a subject is being investigated by more than one user. A global innovator, Captis is headquartered in Los Angeles and has offices in London and Singapore. Captis was founded on the principle of innovation and remains at the forefront of pioneering I-4 crime prevention/suspect identification technologies. For more information on Captis Intelligence, please visit www.captisintelligence.com.

About Milestone Systems

Milestone Systems is a leading provider of open platform video management software; technology that helps the world see how to ensure safety, protect assets and increase business efficiency. Milestone enables an open platform community that drives collaboration and innovation in the development and use of network video technology, with reliable and scalable solutions that are proven in more than 150,000 sites worldwide. Founded in 1998, Milestone is a stand-alone company in the Canon Group. For more information visit: www.milestonesys.com.

EDITORIAL CONTACT

Jayme Cunningham/LRG Marketing
845-358-1801
jcunningham@lrgmarketing.com

SOURCE: Captis Intelligence

ReleaseID: 577386

$18,248,500 Raised on Initial Closing. Books now re-open for a final closing on March 26, 2020.

VANCOUVER, BC / ACCESSWIRE / February 21, 2020 / Maple Leaf Short Duration 2020 Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has completed its initial closing on February 20, 2020 whereby they raised gross proceeds of $18,248,500. The books are now reopened and will close on Wednesday, March 25, 2020 at 12 noon (EST) for a final closing on Thursday, March 26, 2020.

Partnership Objectives & Benefits – National Class Units

The Partnership is designed to provide holders of National Class Units ("National Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures (as those terms are defined in the Prospectus) across Canada with a view to maximizing the tax benefits of an investment in National Class Units and achieving capital appreciation and/or income for National Class Limited Partners. National Class Limited Partners must be residents of Canada or liable to pay Canadian income tax.

Investors are expected to receive tax deductions for 2020 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits – Québec Class Units

The Partnership is designed to provide holders of Québec Class Units ("Québec Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures principally in the Province of Québec with a view to maximizing the tax benefits of an investment in Québec Class Units and achieving capital appreciation and/or income for Québec Class Limited Partners. Québec Class Units are most suitable for investors who reside in the Province Québec or are liable to pay income tax in Québec.

Investors are expected to receive tax deductions for 2020 of up to approximately 131% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Liquidity Event

The investment portfolios of both the National and Québec Class Units will be actively managed in such a way as to preserve the ability to undertake a future liquidity event, such as a rollover into a mutual fund corporation.

The Syndicate

The syndicate of agents for the offering is being led by Scotia Capital Inc. and includes National Bank Financial Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., Industrial Alliance Securities Inc., Stifel Nicolaus Canada Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Echelon Wealth Partners Inc., Manulife Securities Incorporated, Raymond James Ltd. and Laurentian Bank Securities Inc.

A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions
Each of the Provinces and Territories of Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT

Hugh Cartwright, Chairman

MAPLE LEAF SHORT DURATION FLOW-THROUGH PROGRAMS

Tel: 1-866-688-5750
Email: info@mapleleaffunds.ca
Web: www.MapleLeafFunds.ca

SOURCE: Maple Leaf Short Duration 2020 Flow-Through Limited Partnership

ReleaseID: 577399

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation on the Following Acquisition

NEW YORK, NY / ACCESSWIRE / February 21, 2020 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating:

Anixter International Inc. (NYSE:AXE) relating to its sale to WESCO International, Inc. Under the terms of the merger, Anixter common stock will be converted into the right to receive $70.00 in cash, 0.2937 shares of WESCO common stock, and 0.6356 depositary shares for each share of Anixter common stock owned. Click here for more information: https://www.monteverdelaw.com/case/anixter-international-inc-0. It is free and there is no cost or obligation to you.
Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati") relating to its sale to Charlie AcquireCo Inc. Under the terms of the sale, each share of Cincinnati common stock will be converted into the right to receive $10.50 in cash for each share of Cincinnati common stock owned. Click here for more information: https://www.monteverdelaw.com/case/cincinnati-bell-inc. It is free and there is no cost or obligation to you.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) ("Ameritrade") related to its sale to The Charles Schwab Corporation ("Schwab"). Under the terms of the Merger, Ameritrade common stock will be converted into the right to receive 1.0837 shares of Schwab voting common stock for each Ameritrade common stock owned. Click here for more information: https://www.monteverdelaw.com/case/td-ameritrade-holding-corporation. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 577372

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation on the Following Merger

Opus Bank (NASDAQ:OPB) relating to its sale to Pacific Premiere Bancorp, Inc. Under the terms of the agreement, Opus shareholders will have the right to receive 0.90 shares of Pacific Premier common stock for each Opus common stock owned. Click here for more information: https://www.monteverdelaw.com/case/opus-bank. It is free and there is no cost or obligation to you.
CenterState Bank Corporation (NASDAQ:CSFL) relating to the combination of CenterState Bank Corporation and South State Corporation. Under the terms of the combination, CenterState shareholders will receive 0.3001 shares of South State common stock for each share of CenterState common stock owned. CenterState shareholders will own approximately 53% and South State shareholders will own 47% of the combined company. Click here for more information: https://www.monteverdelaw.com/case/centerstate-bank-corporation-0. It is free and there is no cost or obligation to you.
Franklin Financial Network, Inc. (NYSE:FSB) relating to its sale to FB Financial Corporation. Under the terms of the sale, each share of Franklin common stock will be converted into the right to receive (1) 0.9650 shares and (2) $2.00 in cash for each share of Franklin common stock owned. Click here for more information: https://www.monteverdelaw.com/case/franklin-financial-network-inc. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

SOURCE: Monteverde & Associates PC

ReleaseID: 577370

SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Buyout

NEW YORK, NY / ACCESSWIRE / February 21, 2020 /Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating:

FGL Holdings (NYSE:FG) relating to its sale to Fidelity National Financial, Inc. Under the terms of the sale, each share of FGL ordinary shares will be automatically converted into the right to receive (i) $12.50 in cash or (ii) 0.2558 shares of Fidelity common stock. Click here for more information: https://www.monteverdelaw.com/case/fgl-holdings. It is free and there is no cost or obligation to you.
Forescout Technologies, Inc. (NASDAQ:FSCT) relating to its sale to Ferrari Group Holdings, L.P. Under the terms of the agreement, each share of Forescout common stock will be automatically converted into the right to receive $33.00 in cash for each share of Forescout common stock owned. Click here for more information: https://www.monteverdelaw.com/case/forescout-technologies-inc. It is free and there is no cost or obligation to you.
CSS Industries, Inc. (NYSE:CSS) relating to its sale to IG Design Group Americas, Inc. Under the terms of the agreement, CSS shareholders will have the right to receive $9.40 in cash for each share of CSS common stock owned. Click here for more information: https://www.monteverdelaw.com/case/css-industries-inc. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

Contact:

Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

SOURCE: Monteverde & Associates PC

ReleaseID: 577360

SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Transaction

Front Yard Residential Corporation (NYSE:RESI) related to its sale to Amherst Single Family Residential Partners VI, LP. Under the terms of the agreement, each share of RESI common stock will be converted into the right to receive $12.50 in cash for each share of RESI common stock owned. Click here for more information: https://www.monteverdelaw.com/case/front-yard-residential-corporation. It is free and there is no cost or obligation to you.
Legg Mason, Inc. (NYSE:LM) related to its sale to Franklin Resources, Inc. Under the terms of the sale, each share of Legg Mason common stock will be converted into the right to receive $50.00 in cash for each Legg Mason common stock owned. Click here for more information: https://www.monteverdelaw.com/case/legg-mason-inc. It is free and there is no cost or obligation to you.
Taubman Centers, Inc. (NYSE:TCO) relating to its sale to Simon Property Group, Inc. Under the terms of the sale, each share of Taubman common stock will be converted into the right to receive $52.50 in cash for each share of Taubman common stock owned. Click here for more information: https://www.monteverdelaw.com/case/taubman-centers-inc. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

Contact:
Juan E. Monteverde, Esq.

MONTEVERDE & ASSOCIATES PC

The Empire State Building

350 Fifth Ave. Suite 4405

New York, NY 10118

United States of America

jmonteverde@monteverdelaw.com

Tel: (212) 971-1341

SOURCE: Monteverde & Associates PC

ReleaseID: 577353

Blackhawk Bancorp, Inc. Increases Quarterly Dividend by Ten Percent

BELOIT, WI / ACCESSWIRE / February 21, 2020 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of March 6, 2020, will be paid a dividend of $0.11 per share on March 20, 2020. This amounts to $0.44 per share on an annual basis and is the twenty-third consecutive quarterly dividend declared by the company and represents a 10% increase compared to the last seven quarterly dividends.

About Blackhawk Bancorp

Blackhawk Bancorp, Inc. is headquartered in Beloit, Wisconsin and is the parent company of Blackhawk Bank. The combined entity operates eleven full-service banking centers and a dedicated commercial office, which are located in Rock County, Wisconsin and the Illinois counties of Winnebago, Boone, McHenry, Lake, and Kane. The Company's footprint stretches along the I-90 corridor from Janesville, Wisconsin to Elgin, Illinois and into the Northwest collar counties of the Chicagoland area. The company offers a variety of value-added consultative services to its business customers and their employees related to the financial products it provides.

Forward-Looking Statements

When used in this communication, the words "believes," "expects," "likely", "would", and similar expressions are intended to identify forward-looking statements. The company's actual results may differ materially from those described in the forward-looking statements. Factors which could cause such a variance to occur include, but are not limited to: heightened competition; adverse state and federal regulation; failure to obtain new or retain existing customers; ability to attract and retain key executives and personnel; changes in interest rates; unanticipated changes in industry trends; unanticipated changes in credit quality and risk factors, including general economic conditions particularly in the Company's markets; potential deterioration in real estate values, success in gaining regulatory approvals when required; changes in the Federal Reserve Board monetary policies; unexpected outcomes of new and existing litigation in which Blackhawk or its subsidiaries, officers, directors or employees is named defendants; technological changes; changes in accounting principles generally accepted in the United States; changes in assumptions or conditions affecting the application of "critical accounting policies"; inability to recover previously recorded losses as anticipated, and the inability of third-party vendors to perform critical services for the company or its customers. The inclusion of this forward-looking information should not be construed as a representation by the Company or any person that future events or plans contemplated by the Company will be achieved. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information or otherwise.

Further information is available on the Company's website and as below:

Blackhawk Bancorp, Inc.

www.blackhawkbank.com
Phone: (608) 364-8911

Todd J. James, President & CEO
tjames@blackhawkbank.com

Matthew McDonnell, SVP & CFO
mmcdonnell@blackhawkbank.com

SOURCE: Blackhawk Bancorp, Inc.

ReleaseID: 577390

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SSL, OPRA and HPQ

NEW YORK, NY / ACCESSWIRE / February 21, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Sasol Limited (NYSE:SSL)
Class Period: March 10, 2015 to January 13, 2020
Lead Plaintiff Deadline: April 6, 2020

The complaint alleges that during the class period Sasol Limited made materially false and/or misleading statements and/or failed to disclose that: (i) Sasol had conducted insufficient due diligence into and failed to account for multiple issues with, the Lake Charles Chemicals Project ("LCCP"), as well as the true cost of the project; (ii) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (iii) these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (iv) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in SSL: http://www.kleinstocklaw.com/pslra-1/sasol-limited-loss-submission-form?id=5504&from=1

Opera Limited (NASDAQ:OPRA)
Class Period: (a) Opera American depositary shares pursuant and/or traceable to the Company's initial public offering commenced on or about July 27, 2018 and/or (b) Opera securities between July 27, 2018 and January 15, 2020,
Lead Plaintiff Deadline: March 24, 2020

The OPRA lawsuit alleges Opera Limited made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) Opera's sustainable growth and market opportunity for its browser applications was significantly overstated; (ii) Defendants' funded, owned, or otherwise controlled loan services applications and/or businesses relied on predatory lending practices; (iii) all the foregoing, once revealed, were reasonably likely to have a material negative impact on Opera's financial prospects, especially with respect to its lending applications' continued availability on the Google Play Store; and (iv) as a result, the Offering Documents and Defendants' statements were materially false and/or misleading and failed to state information required to be stated therein.

Learn about your recoverable losses in OPRA: http://www.kleinstocklaw.com/pslra-1/opera-limited-loss-submission-form?id=5504&from=1

HP Inc. (NYSE:HPQ)
Class Period: February 23, 2017 to October 3, 2019
Lead Plaintiff Deadline: April 20, 2020

According to the filed complaint, defendants knew that HP's "four-box" model for measuring its supplies business was severely deficient and not a strong predictor of supplies demand and outcomes because HP lacked telemetry data from its commercial printers and had to use unreliable and stagnant market share data to develop assumptions for the four-box model. The complaint further alleges that defendants knew the lack of telemetry data for commercial printing was a critical shortcoming of the four-box model because HP possessed telemetry data on its personal printing side and knew it was a necessary element for an accurate understanding of the supplies channel. As a result, the supplies inventory in the Company's channel exceeded demand by at least $100 million, and HP's supplies revenue growth was grossly inflated.

Learn about your recoverable losses in HPQ: http://www.kleinstocklaw.com/pslra-1/hp-inc-loss-submission-form?id=5504&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 577387

Int. Montoro Resources Inc. – Private Placement Update

Not for Distribution to U.S. Newswire Services or for Release, Publications, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States.

VANCOUVER, BC / ACCESSWIRE / February 21, 2020 / International Montoro Resources Inc. (TSXV:IMT), (Frankfurt:O4T1), (the "Company"). Further to our news releases dated January 9th and February 6th, 2020, the Company announces that it will be applying to the TSX Venture Exchange for an extension to close its previously announced private placement to March 16, 2020. The Company announced its was offering up to 10,000,000 common share units (the "units") at a price of $0.035 per unit to raise gross proceeds of up to $350,000 (the "Private Placement"). Each unit will consist of one (1) common share (the "Common Share") and one warrant the ("Warrant"). Each full Warrant shall entitle the holder to acquire one (1) Common Share at a price of $0.05 for a period of 24 months.

The pricing of the Private Placement was made in reliance on the temporary relief measures established by the TSX Venture Exchange Bulletin dated April 7, 2014. The price per Common Share was set at the last trading price on the TSX Venture Exchange before the issuance of the initial press release.

The Company may pay commissions of 8% to eligible parties in connection with this Private Placement, payable either in cash and/or in warrants; in accordance with the policies of the TSX-V.

As announced on February 6, 2020, the Company closed its first tranche as to 5,465,000 units for gross proceeds of $191,275. A finder's fee of $2,800 cash and 80,000 Warrants were paid and issued. The use of proceeds for the 1st tranche will be for continued exploration on existing properties- $50,000; incurred exploration expenses payable- $35,000; regulatory fees- $2,000; office rent and communication expenses-$5,000; transfer agent fees-$1,000; legal and accounting- $8,000; partial loan and interest repayment- $15,000; investor and shareholder relations, including travel and advertising- $10,000; management fees- $10,000; and outstanding payables and unallocated working capital- $55,275. While the company intends to use the proceeds as stated herein, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the board.

The CEO/President's wife participated in the 1st tranche closing of the Private Placement. Mr. Musil has trading authority over her account. The participation in the Private Placement by directors and executive officers of the Company may be considered a "related party transaction" (the "Related Party") as defined under Multilateral Instrument 61-101 ("Ml 61-101"). The Company has determined that exemptions from the formal valuation and minority shareholder approval requirements under Ml 61-101 are available. In particular, the Company has determined that the exemptions set out in paragraphs (a) and (b) in section 5.5 of Ml 61-101 are applicable since the aggregate consideration to be paid by the Related Party does not exceed 25% of the market capitalization of the Company and the Company is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (l)(a) and (b) in section 5.7 of Ml 61-101 are applicable in that the aggregate consideration to be paid by the Related Party does not exceed 25% of the market capitalization of the Company, the distribution of the securities to the Related Party has a fair market value of not more than $10,500 and the Company is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.

The Company intends to use the additional $158,725 proceeds to be raised from the Private Placement for continued exploration on its existing properties- $30,000; already incurred expenses- $12,000 (Serpent River); and $25,000 on previously approved property payments (Wicheeda North-REE property). The balance of $91,725 will maintain existing operation expenses as follows: Regulatory fees-$5,000; Legal & Accounting-$10,000; Investor & Shareholder Relations including travel & advertising-$5,000; Management Fees-$5,000; Outstanding Payables and Unallocated Working Capital -$66,725.

While the Company intends to spend the net proceeds from the offering as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the Board.

The securities issued under the Private Placement, and the Common Shares that may be issuable on exercise of the Warrants, are subject to a statutory hold period expiring four months and one day from the date of closing. The closing of the 2nd tranche is subject to the prior approval of the TSX Venture Exchange.

About International Montoro Resources Inc.

Int. Montoro Resources Inc. listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

Red Lake, Ontario ( Camping Lake – Au prospect)
Elliot Lake, Ontario (Serpent River/Pecors -Ni-Cu-PGE discovery) & (Uranium- REE's)
Quebec (Duhamel -Ni-Cu-Co prospect & Titanium, Vanadium, and Chromium prospect)
Prince George, British Columbia (Wicheeda North – Rare Earth Elements prospect)

ON BEHALF OF THE BOARD

"Gary Musil"

Gary Musil,
President/CEO and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

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: International Montoro Resources Inc.

ReleaseID: 577388