Monthly Archives: March 2020

Mawson Closes Central Victorian Goldfields Investment and Acquisition in Australia

VANCOUVER, BC / ACCESSWIRE / March 25, 2020 / Mawson Resources Limited ("Mawson" or the "Company") (TSX:MAW)(Frankfurt:MXR)(OTCPINK:MWSNF) is pleased to announce that the Company has closed the strategic and acquisition investment with Nagambie Resources Limited (NAG) ("Nagambie"). This follows news releases made on January 29, 2020 announcing binding Letter Agreements and March 23, 2020 announcing the execution of final agreements.

Key points:

Mawson has subscribed for 50.0 million ordinary shares (the "Nagambie Shares") or a 10% shareholding in Nagambie, which provides Mawson with a right of first refusal to take up or match proposals being considered over a competitive 3,600 square kilometre tenement package. In addition, Mawson has a pre-emptive right on future issuances of Nagambie Shares to avoid dilution. As consideration for the acquisition of the Nagambie Shares, Nagambie has received 8.5 million common shares of Mawson (the "Mawson Private Placement Shares"), which represent approximately 4.7% of the total issued Mawson common shares (after including the 1.0 million Mawson Acquisition Shares from the Clonbinane project acquisition);
Mawson has acquired 100% of the Clonbinane project, for consideration of A$500,002 cash and the issuance of 1.0 million common shares of Mawson (the "Mawson Acquisition Shares"). Mawson has also paid Nagambie A$28,000 to replace environmental bonds; and
Mawson has the right to earn up to a 70% joint venture interest in each of Nagambie's Redcastle and Doctor's Gully gold properties located in Victoria, Australia by expending A$1M over a 5-year period into each project.

The Mawson Private Placement Shares and the Mawson Acquisition Shares are subject to a four month hold expiring on July 26, 2020 and voluntary trading restrictions to be released from such restriction in four equal tranches (being 2,375,000 Shares per tranche) on July 25, 2020, January 25, 2021, July 25, 2021 and January 25, 2022, respectively.

The securities offered have not been workers, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)

Mawson Resources Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold project in Finland. The Australian acquisition provides Mawson with a strategic and diversified portfolio of high-quality gold exploration assets in two safe jurisdictions.

About Nagambie Resources Ltd (NAG)

Nagambie Resources Ltd ("Nagambie") explores for Fosterville-style, structural-controlled, high-grade sulphide-gold underground deposits within 3,600 sq km of Waranga Domain tenements. Exploration is carried out using geophysical targeting techniques, diamond drilling and analysis for hydrothermal alteration of the sediments.

Nagambie is also evaluating:

Underwater storage of sulphidic excavation material in the two legacy gold pits at the Nagambie Mine, capable of storing 5 million tonnes of spoil from major infrastructure projects for Melbourne such as Metro Tunnel, West Gate Tunnel and North East Link.
Recycling of the tailings and overburden dumps to produce aggregates for concrete and gravel products respectively.
Quarrying and screening of sand deposits at the mine to produce various sand and quartz aggregate products is planned.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, Chairman & CEO

Further Information
www.mawsonresources.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316,
info@mawsonresources.com

Forward-Looking Statement

This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

SOURCE: Mawson Resources Limited

ReleaseID: 582581

Revolutionary Survival Kit from Surviveware Seals Success with 80th Amazon Review

Loyal Surviveware Customer Upgrades Son’s Preparedness Gear With a Survival Kit

Woodbridge, United States – March 25, 2020 /MarketersMedia/

Surviveware, a leading retailer of adventure and preparedness gear, is pleased to announce that its Survival Kit has received its 80th customer review on Amazon shortly after its launch, with an average rating of 4.9 out of 5 stars. This new backcountry favorite has opened more opportunities for outdoorsmen to increase their preparedness and safety levels.

The Surviveware Survival First Aid Kit’s soft-shell case is made of 600D polyester. This material has proven effective in preserving the inner supplies’ freshness. As the case is made of malleable material, it can fit in tight spaces and withstand pressure.

The 12”x 8”x 6” survival kit promotes convenience and accessibility through its MOLLE-friendly straps, and a Velcro back panel secures the pack in place. With this dual attachment system, users can snap the kit in place anywhere it’s needed.

One of the survival first aid kit’s most renowned features is its organized compartments. The partitions are all labeled with the contents’ name, use, and quantity, so users don’t need to spend unnecessary time looking for the supplies, of particular concern in an emergency. This system of labeled compartments keeps the items organized, and the user aware of which items should be replenished after use.

The contents of the survival kit are segregated according to use. First aid provisions are marked with red labels, while hygiene provisions are labeled in blue and green. Survival items, on the other hand, are in black-labeled compartments. Once users have familiarized themselves with this system, it will be even easier for them to respond during emergencies.

Surviveware makes it a point to ensure that outdoorsmen are prepared to the fullest for any eventualities. This is where the survival supplies come in. Aside from the wide variety of first aid supplies that this kit contains, the Surviveware survival first aid kit has high-quality tools like glow sticks, a wire saw, signaling mirror, poncho, a small tactical flashlight, a paracord bracelet, a premium-grade knife, and multi-tool.

More and more adventurers are placing their trust in this newest member of the Surviveware family. In the review written by an avid Surviveware customer, he shared his experience with the company and what pushed him to purchase another pack for his son.

“I initially bought the small First Aid Kit and the large First Aid Kit and was very impressed. They are well made and thought out with tough canvas and large zippers. They are labeled on the inside for quick access when needed. I bought this latest Survival Kit for my son, who is often in the backcountry. It has both a knife with seat belt cutter and a small multi-tool along with other survival items. The tools seem to be surprisingly good quality. So much so that I bought another kit for my own go bag.”

Keep your outdoor emergency pack ready with Surviveware’s Survival Kit. Limited stocks are available, so make sure to place your order right now. Hurry and place your order 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/revolutionary-survival-kit-from-surviveware-seals-success-with-80th-amazon-review/88951082

Source: MarketersMedia

Release ID: 88951082

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of WBK, WWE and INO

NEW YORK, NY / ACCESSWIRE / March 25, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly-traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Westpac Banking Corporation (NYSE:WBK)

Investors Affected: November 11, 2015 – November 19, 2019

A class action has commenced on behalf of certain shareholders in Westpac Banking Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to Australian law, the Company failed to report over 19.5 million international funds transfer instructions to the Australian Transaction Reports and Analysis Centre ("AUSTRAC"); (2) the Company did not appropriately monitor and assess the ongoing money laundering and terrorism financing risks associated with movement of money into and out of Australia; (3) the Westpac did not pass on requisite information about the source of funds to other banks in the transfer chain; (4) despite being aware of the heightened risks, the Company did not carry out appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks; (5) the Company's Anti-Money Laundering and Counter-Terrorism Financing Policy Program was inadequate to identify, mitigate and manage money laundering and terrorism financing risks; and (6) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/westpac-banking-corporation-loss-submission-form/?id=5810&from=1

World Wrestling Entertainment, Inc. (NYSE:WWE)

Investors Affected: February 7, 2019 – February 5, 2020

A class action has commenced on behalf of certain shareholders in World Wrestling Entertainment, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: Defendants perpetrated a fraudulent scheme which: (i) deceived the investing public regarding WWE's business and prospects; (ii) artificially inflated the price of WWE Class A common stock; (iii) permitted certain senior executives of WWE to sell more than $282 million worth of their personally held shares at fraud inflated prices; and (iv) caused the public to purchase WWE Class A common stock at artificially inflated prices.

Shareholders may find more information at https://securitiesclasslaw.com/securities/world-wrestling-entertainment-inc-loss-submission-form/?id=5810&from=1

Inovio Pharmaceuticals, Inc. (NASDAQ:INO)

Investors Affected: February 14, 2020 – March 9, 2020

A class action has commenced on behalf of certain shareholders in Inovio Pharmaceuticals, Inc. According to a filed complaint, throughout the class period, defendants made misleading statements about the company's development of a purported vaccine for the novel coronavirus, artificially inflating the company's share price and resulting in significant investor losses.

Shareholders may find more information at https://securitiesclasslaw.com/securities/inovio-pharmaceuticals-inc-loss-submission-form/?id=5810&from=1

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

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

SOURCE: The Gross Law Firm

ReleaseID: 582586

Imperium Group Shares Top Entrepreneurs Who Give Advice on Growing a Business Amid Financial Markets in Turmoil

NEW YORK / ACCESSWIRE / March 25, 2020 / ​The coronavirus pandemic has spanned across 200 countries and has infected over 400,000 people. With Wall Street in turmoil, here are a number of top entrepreneurs that have provided insight on how to successfully operate:  

Taylor Cummings, CEO, Gen Z E-Commerce

Dropshipping expert, Taylor Cummings (@ecomtaylor) has unique tactics and techniques that give him an edge over the competition and those tactics have helped him build multiple 7 figure online stores. In August 2019 Taylor Cummings was down to the last $800 in his bank account and managed to turn it into over $100,000 in less than three months. Since then his skills have strengthened and he looks to make a mark in 2020. Being 19 years old, Taylor Cummings is a member of Generation Z. He started his mentoring agency Gen Z E-Commerce to teach like-minded individuals how to dropship successfully in 2020. This course is limited to 50 members and will be released on April 5. You can pre-register for that course here:

http://www.genzecommerce.com/gen-z-ecom-pre-registration

Marc Narrie, CEO Buddha Beans

Marc Narrie runs a CBD/CBG infused coffee company based out of Los Angeles called Buddha Beans (#staygrounded). Although it started off small, the company is growing rapidly and is trying to keep up with demand even in the current economic fiasco by trying to hire new quality people.

Buddha Beans is currently sold in over hundreds of stores across 26 states and has over hundreds of additional online customers who buy directly and are subscribed to buy every month. Buddha Beans is also capable of doing custom orders with higher quantities of CBD/CBG and/or different flavors of coffee as the standard beans are Mexican, Ethiopian, Colombian, and Burundi.

Allen 'Blue' Semerjian of LA Fav Farms

Allen 'Blue' Semerjian was born and raised in Los Angeles, Allen Semerjian believes “A lifestyle is a terrible thing to waste.” Based on this notion, he has built a business empire that exudes the true meaning of lifestyle. Allen’s strong foundational background in business and insatiable desire to achieve his goals has paved the way to success. No investors. No assistance. No paid to advertise. Allen is the epitome of a lifestyle-based entrepreneur.

Trevor Crowley

Trevor Cowley is a husband and father that is passionate about business. Trevor has been a serial entrepreneur since 2013 and now is the co-owner of 5 different companies and feels fortunate to have business partners that he also considers to be his best friends.  In 2019, Trevor and his partners broke the 10 million a year in revenue mark and still growing. Trevor believes his company will force other accounting firms to dramatically step up their game to keep up with the level of service Easier Accounting is providing.

Angela Gallo

Angela Gallo, also known as Angel Phoenix, is a poet, philosopher and public speaker. She started her first business when she was 16 years old and since then, she continuously explored entrepreneurial endeavors. She grew her business to half a million in 4 years. She has a top-charting podcast that is constantly changing and always blowing it out of the water with reviews.

David Schloss

Schloss is an online entrepreneur who began marketing in 2007 from his college apartment. His business, Convert ROI, enables businesses to succeed by taking complicated social ad plans and seamlessly turning them into easy-to-follow revenue-producing campaigns. He manages over $2.5mil per month in paid advertising via Facebook and Instagram.

Joe Du Bey is the CEO and Co-Founder at Eden

Joe Du Bey is the CEO and Co-Founder at Eden, a Workplace Management Platform used by over 1,000 companies. Eden launched in 2015 and has grown revenue at an average of 20% per month over its first 50 months. Eden has raised over $40 million from leading investors such as Y Combinator, Fifth Wall Ventures, Bessemer Venture Partners, and more. Eden has been featured in many publications including Business Insider, TechCrunch, and Forbes.

Bella Verita

Bella Verita has been selling since she was 8-years-old. She’s taken that natural ability to build a multiple 7 figure real estate company and become a #1 business broker in the state of Nevada. She also became a top income earner in a network marketing organization at the tender age of 19. Some may say she has sales in her soul. Her passion to help others thrive in the area of sales in order to grow, scale and serve more people has transformed well-known companies like the Boss Babe Empire. 

Voltaire Pabustan is the CEO of Kaizen Sigma LLC

Voltaire Pabustan is the CEO of Kaizen Sigma LLC. He has gotten some of their clients onto major publications and TV shows. They've built out brands from the ground up and have worked with a lot of small businesses and multiplied their ROI a thousand-fold. For example, they were able to achieve a 4,000%+ ROI for a local restaurant through a multichannel advertising campaign. Aside from that, they were also able to generate 52 new customers to a specialty bridal shop, which resulted in campaign revenue of over $15,000.

Kharen Minasian

Kharen Minasian is one to look out for because he has helped Lab916 successfully launch dozens of brands all over the world with no hiccups. Kharen and his partner companies now provide the Amazon edge by not only utilizing Amazon traffic but a large network of over 300M Facebook Followers to drive massive traffic. Kharen is looking towards the future to teach and build the next greatest class of Amazon marketers. 

VEWC

VEWC is a large company that should be recognized because they've innovated in their industry. Be leveraging the flexibility of security tokens, companies are finding that different components of a company’s value can now become liquid, tradable, and investable. 

Richard Buettner

Richard Buettner teaches people to leverage for success, both in personal life and in business. Born on June 14, 1994, in Egeln, Germany, Buettner grew up as a competitive child. When he was 16, Buettner was introduced to the Law of Attraction/Vibration and utilized it for his future success.

David William Fabi

David William Fabi is an Orthopedic Surgeon; entering the motivational speaking industry, and always looking to enter other industries. He is the creator of #FABMVMNT enriching lives and inspiring the world to be FAB, Motivated, Victorious, Magnificent, Noble and Tenacious.

Kosi Stobbs

Kosi Stobbs is the CEO of Specific Mechanical Systems and the Director of Property Owl Investment Solutions. As a teenager, he worked at Burger King to support himself for college. He graduated at the age of 22 where he also bought his first property. He dreamed of helping and inspiring other troubled youth to find another way and now is the owner of over 10 properties by the age of 30. 

Media Contact:
​Shazir Mucklai
​Shazir@imperium-pr.com

SOURCE: Imperium Group

 

ReleaseID: 582584

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of BYND, LK and CRON

NEW YORK, NY / ACCESSWIRE / March 25, 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.

Beyond Meat, Inc. (NASDAQ:BYND)
Class Period: May 2, 2019 to January 27, 2020
Lead Plaintiff Deadline: March 30, 2020

The BYND lawsuit alleges that throughout the class period, Beyond Meat, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Beyond Meat's termination of its supply agreement with Don Lee constituted a breach of that agreement, thus exposing the Company to foreseeable legal liability and reputational harm; (ii) Beyond Meat and certain of its employees had doctored and omitted material information from a food safety consultant's report, which the Company represented as accurate to Don Lee; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in BYND: http://www.kleinstocklaw.com/pslra-1/beyond-meat-inc-loss-submission-form?id=5809&from=1

Luckin Coffee Inc. (NASDAQ:LK)
Class Period: November 13, 2019 to January 31, 2020
Lead Plaintiff Deadline: April 13, 2020

The LK lawsuit alleges Luckin Coffee Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in LK: http://www.kleinstocklaw.com/pslra-1/luckin-coffee-inc-loss-submission-form?id=5809&from=1

Cronos Group Inc. (NASDAQ:CRON)
Class Period: May 9, 2019 to March 2, 2020
Lead Plaintiff Deadline: May 11, 2020

Cronos Group Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Cronos had engaged in significant transactions for which its revenue recognition was inappropriate; (ii) the foregoing would foreseeably necessitate reviews that would delay the Company's ability to timely file its periodic reports; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in CRON: http://www.kleinstocklaw.com/pslra-1/cronos-group-inc-loss-submission-form-2?id=5809&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: 582583

DEADLINE REMINDER: Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against NORWEGIAN CRUISE LINE HOLDINGS LTD. – NCLH

RADNOR, PA / ACCESSWIRE / March 25, 2020 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of Florida against Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) ("Norwegian") on behalf of those who purchased or otherwise acquired Norwegian publicly traded securities between February 20, 2020 and March 12, 2020, inclusive (the "Class Period").

Important Deadline: Investors who purchased or otherwise acquired Norwegian securities during the Class Period may, no later than May 11, 2020, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please click https://www.ktmc.com/norwegian-cruise-line-holdings-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=norwegian%20cruise.

According to the complaint, Norwegian is a global cruise company which operates the Norwegian Cruise Line, Oceania Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. On August 1, 2017, Norwegian updated its Code of Ethical Business Conduct, which is posted on its website. The Code of Ethical Business Conduct, available throughout the Class Period, discussed health and safety standards, stating in relevant part that its environmental, health and safety "programs are designed to ensure the preservation of the environment, and safety and security of [Norwegian]'s guests, team members and vendors." In December of 2019, a novel coronavirus strain, COVID-19, was detected in the city of Wuhan in Hubei province, China. Since then, the virus has spread to numerous countries. The spread of COVID-19 has had a significant impact on the cruise industry, with reports of canceled trips and half-empty ships.

The Class Period commences on February 20, 2020, when Norwegian filed a Form 8-K with the SEC. Attached to the Form 8-K was a press release reporting on Norwegian's financial results for the quarter and full-year ended December 31, 2019. In that press release, the defendants discussed positive outlooks for Norwegian in spite of the COVID-19.

On March 11, 2020, the Miami New Times reported in an article "Leaked Emails: Norwegian Pressures Sales Team to Mislead Potential Customers About Coronavirus" that leaked emails from a Norwegian employee showed that Norwegian directed its sales staff to lie to customers regarding COVID-19. Further, the Miami New Times article revealed the financial impact the COVID-19 outbreak was causing on Norwegian and its employees. Following this news, Norwegian's share price fell $5.47 per share, or approximately 26.7%, to close at $15.03 per share on March 11, 2020.

The complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Norwegian was employing sales tactics of providing customers with unproven and/or blatantly false statements about COVID-19 to entice customers to purchase cruises, thus endangering the lives of both their customers and crew members; and (2) as a result, the defendants' statements regarding Norwegian's business and operations were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you wish to discuss this securities fraud class action lawsuit or have any questions concerning this notice or your rights or interests with respect to this litigation, please contact Kessler Topaz Meltzer & Check (James Maro, Jr., Esq. or Adrienne Bell, Esq.) at (844) 877-9500 (toll-free) or (610) 667-7706, or via e-mail at info@ktmc.com.

Norwegian investors may, no later than May 11, 2020, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 877-9500 (toll-free)
(610) 667-7706
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP
 

ReleaseID: 582580

INO ALERT: Kessler Topaz Meltzer & Check, LLP Announces Reminder of Securities Fraud Class Action Lawsuit Filed Against INOVIO PHARMACEUTICALS, INC.

RADNOR, PA / ACCESSWIRE / March 25, 2020 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania against Inovio Pharmaceuticals, Inc. (NASDAQ:INO) ("Inovio") on behalf of those who purchased or otherwise acquired Inovio common stock between February 14, 2020 and March 9, 2020, inclusive (the "Class Period").

Important Deadline: Investors who purchased or otherwise acquired Inovio common stock during the Class Period may, no later than May 12, 2020, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please click https://www.ktmc.com/inovio-pharmaceuticals-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=inovio.

According to the complaint, Inovio is a biotechnology company focused on rapidly bringing to market precisely designed DNA medicines to treat, cure and/or protect people from infectious diseases. The worldwide outbreak of the novel coronavirus, COVID-19, has become a global "pandemic" due to its extraordinary speed and scale of transmission. According to the World Health Organization ("WHO") Director-General, the WHO is deeply concerned by both the alarming levels of spread and severity of COVID-19. During the Class Period, the defendants capitalized on widespread COVID-19 fears by falsely claiming that Inovio had developed a vaccine for COVID-19.

The Class Period commences on February 14, 2020, when Inovio Chief Executive Officer, J. Joseph Kim ("Kim"), appeared on Fox Business News with Neal Cavuto, and stated that Inovio had developed a COVID-19 vaccine "in a matter of about three hours once we had the DNA sequence from the virus" and "our goal is to start phase one human testing in the U.S. early this summer." In response, Inovio's stock price rose more than 10% over the next few trading days. Two weeks later, following a well-publicized March 2, 2020 meeting with President Donald J. Trump to discuss the COVID-19 outbreak, Kim again claimed that Inovio had developed a COVID-19 vaccine, stating "we were able to fully construct our vaccine within three hours . . . . Our plan is to start [U.S. based COVID-19 trials] in April of this year." The market responded favorably to Kim's statement and Inovio's stock price more than quadrupled from $4.28 per share on February 28, 2020, and continued to increase in the following weeks, reaching an intra-day high of $19.36 on March 9, 2020.

According to the complaint, on March 9, 2020, before trading commenced, Citron Research ("Citron") exposed the defendants' misstatements, calling for an SEC investigation into Inovio's "ludicrous and dangerous claim that they designed a [COVID-19] vaccine in 3 hours." Following this news, Inovio's stock price plummeted from its March 9 opening price of $18.72 per share to close at $9.83. On March 10, 2020, Inovio's stock price fell from its $9.30 per share opening price to close at $5.70 per share. The two-day drop wiped out approximately $643 million in market capitalization for Inovio, marking a 71% decline from its Class Period high. In a message to shareholders that same day, Inovio attempted to blunt the Citron revelations, but only highlighted its own misstatements, admitting that it had not developed a COVID-19 vaccine but rather had merely "designed a vaccine construct" – i.e., a precursor for a vaccine – and that it believed it had a "viable approach to address the COVID-19 outbreak."

The complaint alleges that, throughout the Class Period, the defendants falsely: (1) described their product as a fully completed vaccine when it was nothing of the sort; (2) claimed they had developed the vaccine in a matter of hours, which is a scientific impossibility; and (3) stated that they would be able to begin human trials in April 2020 when they had no reason to believe that they would have the necessary regulatory approvals to do so.

If you wish to discuss this securities fraud class action lawsuit or have any questions concerning this notice or your rights or interests with respect to this litigation, please contact Kessler Topaz Meltzer & Check (James Maro, Jr., Esq. or Adrienne Bell, Esq.) at (844) 877-9500 (toll-free) or (610) 667-7706, or via e-mail at info@ktmc.com.

Inovio investors may, no later than May 12, 2020, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 877-9500 (toll-free)
(610) 667-7706
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP
 

ReleaseID: 582579

Yiren Digital Ltd. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / March 25, 2020 / Yiren Digital Ltd. (NYSE:YRD) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 25, 2020 at 8:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/60922

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company's profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 582412

New Jersey Mining Company to Voluntarily Delist from the CSE

COEUR D'ALENE, ID / ACCESSWIRE / March 25, 2020 / New Jersey Mining Company (CSE:NJMC),(OTCQB:NJMC) ("NJMC" or the "Company") today announced it has applied to voluntarily delist its common shares from the CSE.

NJMC President and CEO, John Swallow stated, "This decision is something we have been evaluating for a while – and more so after our recent experience and attendance at the Vancouver Resource Investment Conference (see NJMC press release dated 2/18/20 and titled ‘New Jersey Mining Company Discusses "Production-based Exploration" and Participation in the Vancouver Resource Investment Conference').

During the last few years, we have kept a close eye on what the next decade holds from the perspective of a growing gold producer (as eluded to in NJMC press release dated 7/23/19 and titled ‘New Jersey Mining Company Releases President's Letter'). In addition, over that time frame, we have observed a shift away from mining and mining stocks in Canada.

As the largest NJMC shareholder (and employee), I firmly believe this decision is in the best interest of our shareholders and employees. And as demonstrated in our recently announced 2019 financial and consolidated results, our teams have continued to demonstrate exploration and operational success as NJMC has evolved into a gold producer – making it important for us to be fishing in the right pond at this time.

Recent global challenges, in our opinion, will support a focus toward hard assets demonstrating an underlying store of value, therefore we feel it only makes sense to be listed in the same jurisdiction as our operations going forward.

Canada has a great mineral endowment and a history of understanding and supporting our industry, which was instrumental in our original thinking a few years ago. And one day we may entertain a future listing on a higher Canadian exchange, however, the current cost/benefit analysis does not support a continued north of the border presence by NJMC.

Yet still subject to final approval of the CSE, it is expected that the delisting will be effective March 26, 2020. Subsequent to delisting, the Company will continue to be a reporting issuer in certain jurisdictions in Canada and USA and will remain subject to continuous disclosure requirements. However, the Company intends to apply to the applicable Canadian securities regulatory authorities to cease to be a reporting issuer in each Canadian jurisdiction in which it is a reporting issuer. The Company's current shareholders will remain shareholders of the Company. The Company's common shares will continue to trade on the OTCQB under the symbol "NJMC".

About New Jersey Mining Company

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

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

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

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

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

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such factors include, among others, the risk that applies to applicable Canadian securities regulatory authorities to cease to be a reporting issuer in each Canadian jurisdiction in which it is a reporting issuer will be approved, the risk that exploration results do not result in future production the risk that the Company is unable to obtain sufficient funds necessary for expansion or the risks and hazards inherent in the mining business (including risks inherent in developing mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and the potential impact on revenues from changes in the market price of gold and cash costs, a sustained lower price environment, as well as other uncertainties and risk factors. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. NJMC disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: New Jersey Mining Company

ReleaseID: 582557

Molecular Data Inc – ADR to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / March 25, 2020 / Molecular Data Inc – ADR (NASDAQ:MKD) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 25, 2020 at 8:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/60891

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company's profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 582411