Three local companies have combined their collective resources and expertise to produce and provide hand sanitizer to WakeMed Health & Hospitals to help fight the COVID-19 outbreak

DURHAM, NC / ACCESSWIRE / March 30, 2020 / In an effort to provide essential resources to local hospitals in need and mitigate the spread of COVID-19, Bedlam Vodka, an award-winning craft vodka distilled and bottled by Graybeard Distillery, MedPharm, the world's leading contract provider of topical and transdermal product design and formulation development services to the pharmaceutical industry and Avazyme, a customized testing solution provider have combined forces to scientifically create, test and distribute quality-assured hand sanitizer.

The COVID-19 pandemic has put enormous pressure on traditional supply channels, leaving many medical institutions supporting the critical needs of vulnerable people and patients in short supply of hand sanitizer.

As news arose of local distilleries shifting their focus of producing ethanol for consumption to sanitizer, Bedlam Vodka was quickly inundated with requests from healthcare providers and institutions to assist. Knowing the importance of providing a medically safe solution, Bedlam looped in MedPharm and Avazyme to work together. The sanitizer will be supplied to WakeMed, a leading N.C.-based healthcare provider, for use in their hospitals and numerous outpatient units in the local area.

"The collective fabric of our community is stepping up in new ways to meet these challenges, and for that we are grateful and humbled," said Deb Laughery, vice president of Marketing & Communications for WakeMed. "These collaborative efforts allow us to care for those who need us and protect the safety and well-being of our patients and staff. Let's continue to align resources, talent and compassion as we all respond to this public health crisis."

In Durham, N.C., MedPharm has combined their formulation development expertise with Bedlam Vodka, who is supplying the ethanol and their distillery for manufacturing the product. Agricultural and food testing experts Avazyme are providing the analysis required to ensure the product is quality assured and meets the guidelines for hand sanitizer to be used as a disinfectant.

"We are fortunate to have 20 years of formulation and manufacturing expertise, and the resources to be able to do what we can across both of our facilities in Durham, N.C. and Guildford, UK," said MedPharm's President and CEO, Eugene Ciolfi. "It is clear that key small local institutions desperately need the product now and we are proud to be able to support our local communities in any way we can at this time."

"Our regulatory science team here at the Avazyme laboratory is proud to join forces with local companies MedPharm and Bedlam Vodka to quickly support our medical care providers in the fight against COVID-19." said Volker Bornemann, President and CEO of Avazyme.

Bedlam Vodka is shifting a portion of their ethanol production facility to accommodate the substantial volume of alcohol needed for hospitals.

"Our collaborative venture means we will be able to produce large quantities of sanitizer to support the needs of healthcare workers at this time," added Brandon Evans, CEO of Graybeard Distillery, distillers of Bedlam Vodka. "Our group has also been approached by other hospital systems to provide the scarce sanitizers, and we are doing everything in our power to help as many of our vital medical providers as possible."

COMPANY INFORMATION

About MedPharm

MedPharm is the world's leading contract provider of topical and transdermal product design and formulation development services to the pharmaceutical industry. MedPharm, which was established over 20 years ago, employs over 150 people in Durham, North Carolina and Guildford, UK. MedPharm is expert at reducing risk and accelerating development times for generic and proprietary pharmaceutical customers through their unique, cost-effective and industry-leading performance testing models.

For more information please visit www.medpharm.com

About Avazyme, Inc.

Avazyme, Inc. is a privately owned customized testing solution provider, offering laboratory testing, product development, and expert consulting services to agriculture and the entire food value chain, from farm to fork and from farm to pharmacy. Avazyme provides fast, accurate and reliable answers to ensure product safety and high product quality for food, feed, cosmetics, nutraceutical, and pharmaceutical products and regulatory compliance. Our services range from analytical chemistry and state-of-the-art mass spectrometry to specialty natural products testing, nutritional analysis, stability and batch release testing, microbiology, molecular biology and immunochemistry testing.

For more information please visit www.avazyme.com

About Graybeard Distillery

Graybeard Distillery, purveyors of Bedlam vodka, is located in Durham, NC. Bedlam Vodka is a highly awarded, handcrafted, grain to glass vodka made from 100% long grain white rice sourced from Arkansas and Louisiana. The high quality long grain white rice base yields a uniquely smooth flavor profile with a distinct nose, complexity, feel and finish. Our mission is to provide a unique spirit to be enjoyed around the world by people who love life and live rebelliously.

For more information please visit www.bedlamvodka.com

Media Contact: Megan Cuellar
Email: mcuellar@interdependence.com
Phone: (949) 777-2468

SOURCE: Graybeard Distillery

ReleaseID: 583062

ENGLEWOOD, CO / ACCESSWIRE / March 30, 2020 / Aytu BioScience, Inc. (NASDAQ:AYTU) (the "Company"), a specialty pharmaceutical company focused on commercializing novel products that address significant patient needs, announced today that its annual meeting of stockholders originally scheduled to be held on March 31, 2020 at 10:00 a.m. MST will be delayed to a later date to be determined by its Board of Directors (the "Annual Meeting"). The Company hopes to have the Annual Meeting by April 25, 2020 so that the record date for determining shareholders entitled to vote will remain unchanged. The Annual Meeting is being delayed due to the public health impact of the coronavirus pandemic (COVID-19) and the "shelter in place" order from the Governor of the State of Colorado. This change has been made out of an abundance of caution and is intended to support the health and well-being of the Company's stockholders, employees and the Colorado community. The Company is assessing all options including the possibility of holding a virtual or hybrid meeting with a view to protect the health and safety of the Company's employees, stockholders and others who usually attend the annual meeting.

About Aytu BioScience, Inc.

Aytu BioScience is a commercial-stage specialty pharmaceutical company focused on commercializing novel products that address significant patient needs. The company currently markets a portfolio of prescription products addressing large primary care and pediatric markets. The primary care portfolio includes (i) Natesto®, the only FDA-approved nasal formulation of testosterone for men with hypogonadism (low testosterone, or "Low T"), (ii) ZolpiMist™, the only FDA-approved oral spray prescription sleep aid, and (iii) Tuzistra® XR, the only FDA-approved 12-hour codeine-based antitussive syrup. The pediatric portfolio includes (i) AcipHex® Sprinkle™, a granule formulation of rabeprazole sodium, a commonly prescribed proton pump inhibitor; (ii) Cefaclor, a second-generation cephalosporin antibiotic suspension; (iii) Karbinal® ER, an extended-release carbinoxamine (antihistamine) suspension indicated to treat numerous allergic conditions; and (iv) Poly-Vi-Flor® and Tri-Vi-Flor®, two complementary prescription fluoride-based supplement product lines containing combinations of fluoride and vitamins in various for infants and children with fluoride deficiency. Aytu recently acquired exclusive U.S. distribution rights to the COVID-19 IgG/IgM Rapid Test. This coronavirus test is a solid phase immunochromatographic assay used in the rapid, qualitative and differential detection of IgG and IgM antibodies to the 2019 Novel Coronavirus in human whole blood, serum or plasma. This point-of-care test has been validated in a 113 patient clinical trial and has received CE marking.

Aytu recently acquired Innovus Pharmaceuticals, a specialty pharmaceutical company commercializing, licensing and developing safe and effective consumer healthcare products designed to improve men's and women's health and vitality. Innovus commercializes over thirty-five consumer health products competing in large healthcare categories including diabetes, men's health, sexual wellness and respiratory health. The Innovus product portfolio is commercialized through direct-to-consumer marketing channels utilizing the company's proprietary Beyond Human® marketing and sales platform.

Aytu's strategy is to continue building its portfolio of revenue-generating products, leveraging its focused commercial team and expertise to build leading brands within large therapeutic markets. For more information visit aytubio.com and visit innovuspharma.com to learn about the company's consumer healthcare products.

Forward-Looking Statement

This press release includes 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, or the Exchange Act. All statements other than statements of historical facts contained in this presentation, are forward-looking statements. Forward-looking statements are generally written in the future tense and/or are preceded by words such as ''may,'' ''will,'' ''should,'' ''forecast,'' ''could,'' ''expect,'' ''suggest,'' ''believe,'' ''estimate,'' ''continue,'' ''anticipate,'' ''intend,'' ''plan,'' or similar words, or the negatives of such terms or other variations on such terms or comparable terminology. These statements are just predictions and are subject to risks and uncertainties that could cause the actual events or results to differ materially. These risks and uncertainties include, among others: market and other conditions, the regulatory and commercial risks associated with introducing the COVID-19 IgG/IgM Rapid Test, shipping delays and their impact on our ability to introduce the COVID-19 IgG/IgM Rapid Test, our ability to enforce our exclusive rights to distribute the COVID-19 IgG/IgM Rapid Test in the jurisdictions set forth in the distribution agreement, the ability of the COVID-19 IgG/IgM Rapid Test to accurately and reliably test for COVID-19, the manufacture of the COVID-19 IgG/IgM Rapid Test's ability to manufacture such testing kits on a high volume scale, manufacturing problems or delays related to the COVID-19 IgG/IgM Rapid Test, our ability to satisfy any labelling conditions or other FDA or other regulatory conditions to sell the COVID-19 IgG/IgM Rapid Test Kit, the demand or lack thereof for the COVID-19 IgG/IgM Rapid Test Kit, effects of the business combination of Aytu and the Commercial Portfolio and the recently completed merger ("Merger") with Innovus Pharmaceuticals, including the combined company's future financial condition, results of operations, strategy and plans, the ability of the combined company to realize anticipated synergies in the timeframe expected or at all, changes in capital markets and the ability of the combined company to finance operations in the manner expected, the diversion of management time on Merger-related issues and integration of the Commercial Portfolio, the ultimate timing, outcome and results of integrating the operations the Commercial Portfolio and Innovus with Aytu's existing operations, risks relating to gaining market acceptance of our products, obtaining or maintaining reimbursement by third-party payors for our prescription products, the potential future commercialization of our product candidates, the anticipated start dates, durations and completion dates, as well as the potential future results, of our ongoing and future clinical trials, the anticipated designs of our future clinical trials, anticipated future regulatory submissions and events, our anticipated future cash position and future events under our current and potential future collaboration. We also refer you to the risks described in ''Risk Factors'' in Part I, Item 1A of the company's Annual Report on Form 10-K and in the other reports and documents we file with the Securities and Exchange Commission from time to time.

Contact for Media and Investors:

James Carbonara
Hayden IR
(646) 755-7412
james@haydenir.com

SOURCE: Aytu BioScience, Inc. 

ReleaseID: 583063

CALGARY, AB / ACCESSWIRE / March 30, 2020 / Point Loma Resources Ltd. (TSX-V:PLX) ("Point Loma" or the "Corporation") announces the termination of further closing steps in the previously announced disposition of the Wizard Lake Property.

Termination of Purchase and Sale Agreement ("PSA")

Further to the Corporation's press release on December 17, 2019, the Corporation has been advised in writing by Whitebark Energy Ltd. that they will not be completing the pending Step 2 and Step 3 closings as contemplated in the previously executed PSA and as such the deal has been terminated effective March 27, 2020.

Point Loma will ultimately retain a 40% WI in the existing lands and in the three wells that have been drilled to date (the 16-17-48-27W4M discovery well and the two farm-out wells 1-8-48-27W4 and 12-4-48-27W4) subject to various payout provisions. Point Loma will also retain operatorship of the property.

About Point Loma

Point Loma is a public oil and gas exploration and development company focused on conventional and unconventional oil and gas reservoirs in west central Alberta. The Corporation controls over 165,000 net acres (250 net sections) and has a deep inventory of oil opportunities. Point Loma's business plan is to utilize its experience to identify, acquire and develop accretive assets with potential to employ horizontal multi-stage frac technology and to exploit opportunities for secondary recovery. For more information, please visit Point Loma's website at www.pointloma.ca or Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

For further information, please contact:

Terry Meek
President and CEO
Telephone: (403) 705-5051 ext. 444
tmeek@pointloma.ca

SOURCE: Point Loma Resources Ltd.

ReleaseID: 583065

TORONTO, ON / ACCESSWIRE / March 30, 2020 / Avidian Gold Corp. ("Avidian" or the "Company") (TSX-V: AVG), an exploration Company with key gold assets in Alaska and Nevada announces that due to the COVID-19 pandemic the Company has suspended all activities and will in the short term focus on data analysis and strategic plans. Avidian's majority-controlled subsidiary, High Tide Resources, has delayed commencement of the diamond drilling program at the Labrador West Iron Ore Property located near Labrador City, Newfoundland & Labrador. The program will be initiated once health concerns associated with the COVID-19 pandemic subside.

Drill permitting continues at Avidian's Amanita Gold project which is adjacent and contiguous to Kinross's Fort Knox open-pit gold mine. The timing of the actual commencement of any drilling program on this project will also be dependent on the COVID-19 situation and the ability to work effectively in a safe and responsible manner.

David Anderson, Chairman and CEO states "Our first priority is the health and safety of our employees, contractors and the communities in which we operate. Until the current situation with COVID-19 subsides we could not effectively conduct a drill campaign in any of the jurisdictions in which our projects are located, and we will only re-activate these programs once the all clear is given by local, provincial/state and federal government authorities. In the meantime, the Company has enacted prudent measures to preserve capital and will be well positioned to return to active exploration in the months ahead".

The technical information contained in this news release has been approved by Steve Roebuck, P. Geo., President of Avidian, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

About Avidian Gold Corp.

Avidian brings a disciplined and veteran team of project managers together with a regional scale advanced stage gold-copper exploration portfolio in Alaska. Avidian's Golden Zone project also hosts a NI 43-101 Indicated gold resource of 267,400 ounces (4,187,000 tonnes at 1.99 g/t Au) plus an Inferred gold resource of 35,900 ounces (1,353,000 tonnes at 0.83 g/t Au). Additional projects include the Amanita gold property which is adjacent to Kinross Gold's Fort Knox gold mine in Alaska and the Jungo gold/copper property in Nevada.

Avidian is the majority owner of High Tide Resources, a private company, that owns the base metal Strickland Property, the Black Raven gold property and an option on the Labrador West Iron Ore property, all located in Newfoundland and Labrador, Canada.

Avidian is focused on and committed to the development of advanced stage mineral projects throughout first world mining friendly jurisdictions using industry best practices combined with a strong social license from local communities. Further details on the Corporation and the individual projects, including the NI 43-101 Technical report on the Golden Zone property, can be found on the Corporation's website at www.avidiangold.com.

For further information, please contact:
Steve Roebuck, President
Email: sroebuck@avidiangold.com

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

Forward-looking information

This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities law.

SOURCE: Avidian Gold Corp.

ReleaseID: 583080

MALABO, SOUTH AFRICA / ACCESSWIRE / March 30, 2020 / The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects under its ongoing Year of Investment. The decision was adopted during a meeting on March 19th, 2020.

Image: https://bit.ly/2Utv4eV

At Punta Europa, where most of Equatorial Guinea's gas and energy activities are currently located, the country is building a modular refinery, storage tanks and a methanol-to-derivatives plant. Interested companies for the modular refinery include American oil company Marathon Oil, a Spanish-Russian consortium of Selquimica International with Engineering and Energy, and British company Rosslyn Energy.

The latter is also interested in the development of the Storage Tanks, along with British company Orange Resources Worldwide and the China Communications Construction Company.

Finally, the Methanol-to-Derivatives project has attracted the interest of South African company Pan African Energy, Nigerian company Bugabi Group, and Danish catalysis company Haldor Topsoe.

At Kogo South of the nation's economic capital Bata, the second Modular Refinery project has attracted the interest of Egyptian company Petrojet, British company Rosslyn Energy, the Spanish-Russian consortium of Selquimica International with Engineering and Energy, and UAE-based SDLE International DMCC. Meanwhile, South African company Grindstone Resources and Omani company MSS LLC are both shortlisted for the gold refinery project and the Minerals Industrial Zone.

While the MMH is still registering interest from additional players, including Chinese companies, these are the shortlisted potential investors for these projects so far.

"Equatorial Guinea has postponed most investment conferences under its Year of Investment in 2020 due to the ongoing pandemic of coronavirus, but we keep working with our team and our partners on having all these projects break ground as soon as possible. These are landmark infrastructure development projects that will ensure the sustainable growth of our hydrocarbons and minerals industry, create jobs and generate income for the state and citizens for decades to come," commented H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons.

Contact:

Oscar Vicente García Berniko
Director General of State Entreprises and Assets
Tel. +240 222 55 23 71
oscar.berniko@gmail.com

SOURCE: African Energy Chamber

ReleaseID: 583086

VANCOUVER, BC / ACCESSWIRE / March 30 2020 / Loop Insights Inc. (TSX.V:MTRX) (the "Company" or "Loop") is excited to announce the launch of its "Sharing is Caring" initiative. As the Covid-19 pandemic has now closed most retail and hospitality storefronts, owners are left facing uncertainty and major financial stress. Therefore, Loop is offering a free three-part webinar series that will discuss the state of brick and mortar retail and ways in which business owners can prepare for a successful reopening.

The Covid-19 crisis has amplified the need for brick and mortar businesses to undergo a digital transformation. The focus of this series is to educate webinar attendees on what this entails, and why it is necessary for both recovery and growth. Loop's CEO Rob Anson and CSO David Salisbury will walk through Loop's innovative artificial intelligence (AI) solution stack and how it enables this digital transition. By providing tools that enhance and personalize the customer experience, Loop is confident that brick and mortar retail can push through these hard times together and invest in a viable future.

Loop CEO Rob Anson: "I am very proud of our ‘Sharing is Caring' initiative. Our team did an amazing job developing this Loop webinar platform quickly, in order to assist businesses with their recovery plans. As we value our relationships with our clients, it is very important for us to support brick and mortar's comeback. We would like to offer a free 60-day trial for interested brick and mortar retailers or operators-to kickstart a future that entails long-term sustainability and continual new-line revenue opportunities."

Loop's first webinar of this three-part series will launch at 10:00 AM PST on April 13, 2020. This one-hour webinar will showcase Loop's ability to connect online and on-premise platforms, to open up later discussions on its enhancement of current legacy systems, business models, and revenue generators. Registration for the webinar series will be available on our website in the coming week at https://www.loopinsights.ai/.

More About Loop: Loop Insights Inc. (TSX.V: MTRX) is a Vancouver-based technology company that has developed a unique proprietary platform that combines the power of IoT and AI to level the playing field between brick and mortar retailers and their online competition. Loop gives brands and retailers the ability to connect their physical and digital assets, regardless of hardware or IT networks, thus enabling rapid deployment and global scale. Retailers and brands benefit from making real-time, data-driven decisions that help them curate unique personalized customer experiences in stores. Loop then delivers attribution with trackable redemption metrics and conversion rates, a capability that previously did not exist. 

For more information, please contact:

LOOP Insights Inc.
Soy Garipoglu, Manager, IR
T: 778-990-8985
E: ir@loopinsights.ca

CHF Capital Markets
Cathy Hume, CEO
T: 416-868-1079 x 231
E: cathy@chfir.com

LOOP Website: www.loopinsights.ai
Facebook: @LoopInsights
Twitter: @LoopInsights
LinkedIn: @LoopInsights

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop's control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.

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.

SOURCE: Loop Insights Inc.

ReleaseID: 583075

TAMPA, FL / ACCESSWIRE / March 30, 2020 / The Mosaic Company (NYSE:MOS) today announced Ben Pratt has been named SVP-Government and Public Affairs and will join the company's Senior Leadership Team effective April 1.

Mr. Pratt, current VP-Corporate Public Affairs, leads corporate communications and U.S. Federal Government relations, as well as Mosaic's corporate social responsibility activities. In addition, he serves as Owner's Representative to Streamsong Resort.

"Ben has brought tremendous value to Mosaic over the past eight years," said President and CEO Joc O'Rourke. "He plays an integral role in maintaining our license to operate and Mosaic's environmental, social and governance work, and he drives public affairs strategies that contribute to Mosaic's long-term success."

Prior to joining Mosaic in February 2012, Mr. Pratt was SVP, Corporate Communications at Ameriprise Financial, Inc., in Minneapolis. Earlier in his career, he worked in a variety of communications and investor relations capacities at The PNC Financial Services Group in Pittsburgh, and at Lehman Brothers and Bear Stearns, both in New York.

About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.

Contacts

The Mosaic Company

Media:
Laura Langman, 612-270-5199
laura.langman@mosaicco.com

Investors:
Laura Gagnon, 813-775-4214
Lucy Terrill, 813-775-4219
investor@mosaicco.com

SOURCE: The Mosaic Company via EQS Newswire

ReleaseID: 582919

Multiple Walk-Up Drill Targets Identified by Auteco; Drilling Campaign to Start in Late May

VANCOUVER, BC / ACCESSWIRE / March 30, 2020 / First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to provide an exploration update on its Pickle Crow Gold Project ("Pickle Crow" or the "Project") located in Ontario, Canada. Auteco Minerals Ltd ("Auteco") (ASX: AUT), First Mining's partner on Pickle Crow, is advancing the Project and may earn up to an 80% interest in the Company's wholly-owned subsidiary PC Gold Inc. ("PC Gold"), which owns the Project.

Auteco has announced that they have commenced field activities, data compilation and resource modelling, and are currently anticipating minimal impact on their 2020 field objectives from the developing COVID-19 situation. Auteco's review of the available historical drill core has identified multiple shallow, drill-ready, regional targets associated with four major mineralized shear zones within the Project area. Cumulatively, there are more than 110 kilometres of underexplored strike on the structures which are prospective for high-grade orogenic gold.

Auteco intends to commence its first diamond drilling campaign at Pickle Crow, totalling 5,000 metres, in late May, and plans to test high potential, walk-up targets regionally and in the surrounding mine area. Auteco also expects to complete a JORC 2012 compliant resource update for Pickle Crow in early Q2. This resource update by Auteco will incorporate their geological review and will focus on the high-grade, underground mineable resource areas at the Project.

Dan Wilton, CEO of First Mining, stated "We are excited that our partner for Pickle Crow, Auteco, is driving forward with exploration at Pickle Crow. The Project is benefiting from a renewed look by the strong technical team at Auteco, including a new geological review. The work the Auteco team is doing provides an opportunity for a better understanding of Pickle Crow's potential, and we look forward to their first set of drill results on the Project this summer."

Auteco's Executive Chairman, Ray Shorrocks, commented "Auteco intends to commence an initial shallow 5,000 metre diamond drill program in late May, targeting shallow, high-grade, walk-up drill targets to bring further resource areas into JORC compliance. At the same time, Auteco geologists have been working to integrate regional datasets and, in the process, have identified multiple, high-grade and drill ready regional targets, related to four major structures with more than 110 kilometres of prospective strike. Work is continuing across the 320 km2 (32,000 ha) project area with geological, structural and geophysical reviews ongoing to be followed up with targeting, on-ground testing and drilling in the coming field season."

The four major mineralized shear zones identified by Auteco within the Project area are regional scale structures that formed the conduits for gold mineralization in the Pickle Lake Greenstone Belt. The structures include the Core Mine Shear Zone (where the past-producing Pickle Crow, Central Patricia and Dona Lake Gold mines are situated), as well as the less explored Tarp Lake, Cohen-MacArthur and East Pat Shear Zones. A map showing these regional shear zones can be viewed here.

Tarp Lake: The regional scale shear zone, which trends north-northeast and extends more than 20 kilometres through the western edge of the Project tenements, has limited historical drilling over the 14 kilometres of identified strike length with three main target areas identified. Historical drill results from the Tarp Lake Target on this shear zone include 1.5 g/t gold over 36.0 metres (from 158 metres in TL-29), 7.2 g/t gold over 4.6 metres (from 76.9 metres in GPT-90-12) and 4.4 g/t gold over 5.2 metres (from 246.6 metres in CGR91-15). At the Metcalf Target, historical drill results included 74.4 g/t gold over 1.8 metres (from 164 metres in S-18) and 28.5 g/t gold over 1.8 metres (from 114.3 metres in S-11).
Core Mine Shear: This zone hosts the past-producing Pickle Crow mine. In addition to the historical mine, multiple high-grade gold targets have been identified. These include the Springer Shaft Target, F Vein Target and SW Powderhouse Target. At the Springer Shaft Target, reported historical gold production amounted to 13,000 ounces at 24 g/t gold. Unmined drill intersections include 36.6 g/t gold over 1.7 metres (from 15.1 metres in CPSH-88-01) and 69.4 g/t gold over 0.8 metres (from 16.1 metres in CPSH-88-03). At the F Vein Target, historical drill results include 9.3 g/t gold over 4.6 metres (from 27.1 metres in CP-88-92) including 21.4 g/t gold over 2.4 metres. The SW Powderhouse Target includes historical drill results of 7.3 g/t gold over 6.1 metres (from 86.6 metres in PL04-26) and 11.1 g/t gold over 3.0 metres (from 119.62 metres in PL04-29).
Cohen-MacArthur Shear: This zone has been observed on surface and in diamond drill core and has been identified as a 50-metre-wide high strain zone with coincident, intense ankerite-sericite alteration and quartz-carbonate veining. Due to subdued topography and glacial till covering most of the strike length, limited exploration of second order structures has been completed. However, drilling around outcropping mineralization has identified two target areas: MacArthur and Kawinogans. The MacArthur target includes historical drill results of 1.5 g/t gold over 14.3 metres (from 30.5 metres in PC-10-067) and the Kawinogans target includes historical drill results of 1.4 g/t gold over 23.5 metres (from 196 metres in PC-10-092).
East Pat Shear: This zone has been underexplored due to subdued topography and glacial till cover. It was identified and drilled by First Mining's predecessor, PC Gold, in 2010 in the East Pat Target area. Drill results from this area included 2.2 g/t gold over 35.7 metres (from 214.5 metres in PC-10-108) and 7.7 g/t gold over 6.0 metres (from 232 metres in PC-11-145).

Pickle Crow is one of Canada's highest-grade historical gold mines. It operated from 1935 until 1966, during which time it reportedly produced almost 1.5 million ounces of gold at an average grade of 16.14 g/t. The property consists of ~190 km2 (19,000 hectares) of tenure covering a major gold province. Auteco recently increased its landholding near the Project by staking an additional 130 km2 (13,000 ha) of land contiguous to Pickle Crow, thereby increasing the combined property's land package to over 320 km2 (32,000 ha) (see news release dated February 18th, 2020). First Mining acquired the Project in November 2015 through its acquisition of PC Gold Inc.

There has been limited exploration on the Property subsequent to when mining ceased in 1966, with the latest exploration focused on development of remnant resources in proximity to the old mine infrastructure. Auteco's development focus is on returning to first principles, completing a new geological review and applying modern exploration technologies in their advancement of the Project. Auteco has a strong focus on discovering and developing new project scale, high-grade, near surface gold resources.

Additional Details

A map showing the location of Pickle Crow and regionally significant projects can be viewed at:
http://www.firstmininggold.com/_resources/maps/2020_03-FF-Pickle-Crow-Regional-Map.jpg.

A map showing the identified regional shear zones within the Project tenement area can be viewed at:
http://www.firstmininggold.com/_resources/maps/2020_03-FF-Pickle-Crow-Shear-Zones.jpg.

An inset map showing the various targets within the Project tenement area can be viewed at:
http://www.firstmininggold.com/_resources/maps/2020_03-FF-Pickle-Crow-Targets.jpg.

About Auteco

Auteco Minerals Limited (ASX: AUT) is an emerging mineral exploration company currently focused on advancing high-grade gold resources at the Pickle Crow Gold Project in Ontario, Canada. The Auteco Board of Directors and technical management team has a proven track record of discovering gold and creating wealth for shareholders and all stakeholders in recent years.

Qualified Person

Hazel Mullin, P.Geo., Director, Data Management and Technical Services of First Mining, is a "Qualified Person" for the purposes of NI 43-101, and she has reviewed and approved the scientific and technical disclosure contained in this news release.

About First Mining Gold Corp.

First Mining Gold Corp. is a Canadian-focused gold exploration and development company advancing a large resource base of 7.4 million ounces of gold in the Measured and Indicated categories and 3.8 million ounces of gold in the Inferred category. First Mining's primary focus is the development and permitting of its Springpole Gold Project and the advanced exploration of its Goldlund Gold Project, both located in northwestern Ontario. Springpole is one of the largest undeveloped gold assets in Canada, with permitting and a Pre-Feasibility Study underway. Goldlund is an advanced exploration stage asset where drilling in 2020 is planned to define both the extension of the existing resource area and to better define the regional scale potential. First Mining's eastern Canadian property portfolio also includes Cameron, Pickle Crow, Hope Brook, Duparquet, Duquesne, and Pitt.

First Mining was created in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.

ON BEHALF OF FIRST MINING GOLD CORP.

Daniel W. Wilton
Chief Executive Officer and Director

For further information, please contact:

Mal Karwowska | Vice President, Corporate Development & Investor Relations
Direct: 604.639.8824 | Toll Free: 1.844.306.8827 | Email: info@firstmininggold.com
www.firstmininggold.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions.

Forward-looking statements in this news release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) Auteco anticipating minimal impact from the developing COVID-19 situation on their 2020 field objectives for the Project; (ii) timing for the commencement of Auteco's first diamond drilling campaign at the Project and the timing for assay results from such drilling program; (iii) Auteco's plans to test high potential, walk-up targets regionally and in the surrounding mine area at the Project; (iv) the completion of a JORC 2012 compliant resource update for Pickle Crow in early Q2 (v) the JORC 2012 compliant resource update incorporating Auteco's geological review and focusing on the high-grade, underground mineable resource areas at the Project Pickle Crow; (vi) the Company's primary focus on developing and permitting Springpole and the advanced exploration of its Goldlund Gold Project; and (vii) realizing the value of the Company's gold projects for the Company's shareholders. All forward-looking statements are based on First Mining's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak of epidemics, pandemics or other health crises, such as COVID-19, and by reactions by government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of epidemics, pandemics or other health crises, such as COVID-19, that may result in a slowdown or temporary suspension of operations at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; title to properties.; and the additional risks described in the Company's Annual Information Form for the year ended December 31, 2018 filed with the Canadian securities regulatory authorities under the Company's SEDAR profile at www.sedar.com, and in the Company's Annual Report on Form 40-F filed with the SEC on EDGAR.

First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to First Mining, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. First Mining does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required by law.

Cautionary Note to United States Investors

This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in this news release have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy, and Petroleum 2014 Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including NI 43-101, differ significantly from the requirements of the SEC, and mineral resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC's disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards in documents filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category. Under Canadian rules, estimated "inferred mineral resources" may not form the basis of feasibility or pre-feasibility studies except in rare cases. Investors are cautioned not to assume that all or any part of an "inferred mineral resource" exists or is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in-place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for identification of "reserves" are also not the same as those of the SEC, and reserves reported by the Company in compliance with NI 43-101 may not qualify as "reserves" under SEC standards. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

SOURCE: First Mining Gold Corp.

ReleaseID: 583074

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / MediPharm Labs Corp. (OTCMKTS:MEDIF) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 30, 2020 at 8:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/60664

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SOURCE: Investor Network

ReleaseID: 582969