Monthly Archives: March 2020

Loop Industries Announces Temporary Reduction of Activities due to COVID-19

MONTREAL, QC / ACCESSWIRE / March 25, 2020 / Loop Industries, Inc (Nasdaq: LOOP) today announced its measures to comply with the order of the Quebec provincial government to minimize all non-priority services and activities until April 13, due to the ongoing COVID-19 pandemic.

The order provides exemptions that allow businesses that provide non-priority services to maintain minimal operations to ensure the resumption of their activities, bearing in mind the directives issued by public health authorities. Consequently, the company will maintain reduced operations at the pilot plant and protect its investment in its assets, which are utilized for the continuing development of its depolymerization technology for the production of sustainable PET plastic.

The company's main focus during the time frame of the government order will be to continue working with its joint venture partner, Indorama Ventures Limited, to oversee the engineering for the Spartanburg joint venture facility and pursue its plans for the commercialisation of its technology. The company has made arrangements for employees to work remotely to support these engineering activities. The government order is not expected to impact the company's ability to work to advance this project. The company will provide an update on the status and timing of the commissioning of the Spartanburg facility when it reports its fourth quarter and full year results in its 10-K in early May.

The company continues to be in a good liquidity position, with approximately $30 million of cash and cash equivalents on hand.

About Loop Industries

Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin and polyester fiber suitable for use in food-grade packaging, thus enabling our customers to meet their sustainability objectives. Loop Industries is contributing to the global movement towards a circular economy by preventing plastic waste and recovering waste plastic for a more sustainable future for all.

Common shares of the Company are listed on the Nasdaq Global Market under the symbol "LOOP."

For more information, please visit www.loopindustries.com. Follow us on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology and products, (ii) our status of relationship with partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding, (vi) building our manufacturing facility, (vii) our ability to sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) adverse effects on the Company's business and operations as a result of increased regulatory, media or financial reporting issues and practices, rumors or otherwise, and (x) other factors discussed in our subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:

Investors:
Nelson Gentiletti
Chief Operating and Chief Financial Officer
Loop Industries, Inc.
+1 (450) 951 8555 ext. 223
ngentiletti@loopindustries.com

Media Inquiries:
Stephanie Corrente
Director Marketing & Investor Relations
Loop Industries, Inc.
+1 (450) 951-8555 ext. 226
scorrente@loopindustries.com

SOURCE: Loop Industries, Inc.

ReleaseID: 582558

Jerash Holdings Provides Business Update

FAIRFIELD, NJ / ACCESSWIRE / March 25, 2020 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), a producer of high-quality textile goods for leading global brands, today provided an update on its business operations. The country of Jordan has announced a shutdown of non-essential activities as part of its proactive national efforts to limit the spread of COVID-19.

Jerash believes that much of its production work for the March quarter had been completed prior to the shutdown order, with its factories producing primarily for April shipments at the time the shutdown was implemented. The timing of revenue recognition may be affected for a limited number of pieces that were being prepared for transit in late March, and Jerash is evaluating possible options to address this issue.

Jerash has maintained close contact with government officials during this period and taken a nationally recognized leadership role in implementing workplace safety actions to continue to protect its workforce. The Company continues to discuss closely with the government with regard to when its production can be re-opened.

"The Jordanian national government is drawing on best practices seen in other countries to mitigate the spread of COVID-19, including an early and aggressive shelter in place action that has been helpful in slowing the progression of cases in several countries," said Samuel Choi, Chairman and CEO of Jerash Holdings. "We fully support these actions in the interest of safety for all Jordanians, our workforce, and their families. Jerash is doing its part to fully support and comply with these mandates, as well as take additional measures to ensure the safety and well-being of our employees during this challenge. Jerash has also been recognized by the Jordanian government as a model in workplace actions to protect against the spread of COVID-19, and we look forward to re-opening full production once the government provides clearance to do so."

Jerash also stated that it is maintaining a strong balance sheet, which included $27.8 million in cash, $14.1 million of inventory prepared against existing customer purchase orders and accounts receivable of $10.0 million at December 31, 2019.

"We believe our balance sheet and efficient operations place Jerash on sound footing to adapt as needed during the global COVID-19 challenges," said Gilbert Lee, Chief Financial Officer. "We recognize that there may be some disruption in the timing of shipments on our current schedule, but remain committed to resuming full production status for our customers as soon as possible. We believe our high quality, cost-saving duty-free import status and on-time delivery reputation matter now more than ever as companies work to navigate challenges in their supply chain. We are ready to meet these challenges and ensure our customers receive all needed production at the best possible total cost of goods, including the full benefit of our duty-free import capabilities."

About Jerash Holdings (US), Inc.

Jerash Holdings (US), Inc. (Nasdaq: JRSH) is a manufacturer utilized by many well-known brands and retailers, such as Walmart, Costco, Hanes, Columbia, VF Corporation (which owns brands such as The North Face, Timberland, JanSport, etc.), and PVH Corp. (which owns brands such as Calvin Klein, Tommy Hilfiger, IZOD, etc.). Its production facilities comprise five factory units and three warehouses and it currently employs approximately 4,000 people. The total annual capacity at its facilities was approximately 8.0 million pieces as of the end of calendar year 2019. Additional information is available at http://www.jerashholdings.com.

Forward Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", "seek", "potential," "outlook" and similar expressions are intended to identify forward-looking statements. Such statements reflect Jerash's current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by Jerash with the Securities and Exchange Commission. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it may have on the Company's operations, the demand for the Company's products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Jerash does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.

Contact Information:

Matt Kreps, Darrow Associates Investor Relations
(214) 597-8200
mkreps@darrowir.com

SOURCE: Jerash Holdings (US), Inc.

ReleaseID: 582521

Exclusive Advisory Agreement Signed for COVID-19 and Host Cell Interactions

VANCOUVER, BC / ACCESSWIRE / March 25, 2020 / XPhyto Therapeutics Corp. (CSE:XPHY) (FSE:4XT) (OTC PINK:XPHYF) ("XPhyto" or the "Company") is pleased to announce that an exclusive infectious disease advisory agreement (the "Agreement") has been signed between XPhyto and Prof. Dr. Wolfgang Eisenreich. Prof. Dr. Eisenreich brings a unique and highly relevant set of skills to the XPhyto team and represents a swift and expanding investment on the part of the Company in the field of infectious disease, particularly COVID-19 (SARS-CoV-2).

"I look forward to working with the XPhyto group of companies, especially if we can make a positive impact on the current coronavirus situation and any other potential pandemic threats," said Prof. Dr. Eisenreich. "I believe my scientific expertise and that of my team can add value to the task of better understanding how these viruses interact with human cells and ultimately to the development of clinical products."

Prof. Dr. Eisenreich leads a research group at the Department of Chemistry, Technical University of Munich and the Central NMR Analytics Facility at Garching. He has over 20 years of experience in the study of metabolic pathways and signaling cascades as they relate to pathogen and host cell interactions. Prof. Dr. Eisenreich's most recent work has focused on analysis and delineation of intracellular pathogenic bacteria and host cell interactions using innovative stable isotope labelling and profiling methodologies (NMR- and MS-based metabolomics). His technology driven analysis is a powerful tool in the study of pathogen and host cell interactions with a focus on host cell response. Prof Dr. Eisenreich's work on metabolic adaptation between intracellular pathogens and their host cells was awarded the Max-von-Pettenkofer Prize in 2015. He and his team are well suited for the molecular analysis of coronavirus infections and related drug target identification and validation.

"The addition of Prof. Dr. Eisenreich and his unique skill set complements XPhyto's infectious disease initiatives by potentially expediting the identification of specific targets for use in a rapid coronavirus detection platform and may play a role in the validation of natural anti-viral therapeutic agents, both announced by XPhyto on March 20, 2020," said Hugh Rogers, CEO of XPhyto.

About XPhyto Therapeutics Corp.

XPhyto is a biotechnology and next-generation cannabis company focused on formulation, clinical validation, and European imports, distribution and sales. XPhyto's 100% owned subsidiary, Vektor Pharma TF GmbH, a German narcotics manufacturer, importer and researcher has expertise in the design, testing and manufacture of thin film drug delivery systems, particularly transdermal patches and sub-lingual (oral) strips. Vektor also holds a number of narcotics licences issued by the German Federal Institute for Drugs and Medical Devices (BfArM), including import and manufacturing permits, as well as EU GMP lab certification. XPhyto's 100% owned German subsidiary, Bunker Pflanzenextrakte GmbH, has been granted a unique German cannabis cultivation and extraction licence for scientific purposes by BfArM. Bunker has two exclusive R&D collaboration agreements with the Technical University of Munich, Chair of beverage and brewing technology and the Faculty of Chemistry. XPhyto is pursuing additional opportunities in Europe including commercial cannabis cultivation, processing, manufacturing, import, and distribution. In Canada, two exclusive 5-year engagements with the Faculty of Pharmacy at a major Canadian university provide certified extraction, isolation, and formulation facilities, drug research and development expertise, as well as commercial analytical testing capability. XPhyto signed a supply, import and distribution agreement for cannabis oils and isolates with one of the largest, highest quality, and lowest cost cannabis cultivators in the world.

For further information, please contact:

Hugh Rogers
CEO & Director
+1.780.818.6422
info@xphyto.com
www.xphyto.com

Wolfgang Probst
Director
+49 8331 9948 122
info@bunker-ppd.de
www.xphyto.com

Forward looking statements

This news release includes statements containing forward-looking information within the meaning of applicable Canadian securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "develop," "plan," "continue," "expect," "project," "intend," "believe," "anticipate," "estimate," "potential," "propose" and other similar words, or statements that certain events or conditions "may" or "will" occur, and in this release include the statement regarding the Company's goal of building an industry leading medical cannabis company. Forward-looking statements are only predictions based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements, including: that the Company may not succeed in developing any commercial products; that the sale of any products may not be a viable business; that the Company may be unable to scale its business; product liability risks; product regulatory risk; frequent changes to cannabis regulations in Europe, Canada and elsewhere; general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; currency risks; competition; international risks; and other risks beyond the Company's control. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: XPhyto Therapeutics Corp.

ReleaseID: 582465

INVESTOR ALERT: DouYu International Holdings Limited (DOYU) Class Action

CHESTNUT HILL, MA / ACCESSWIRE / March 25, 2020 / Sokolove Law announces an investigation into a securities class action lawsuit filed against DouYu International Holdings Limited (NASDAQ:DOYU) on behalf shareholders. DOYU investors who purchased stock during the IPO on July 18, 2019 or up to December 31, 2019 who are interested in learning more about the class action lawsuit should call 800-306-0939 to explore their legal rights. Time is extremely limited- shareholders are encouraged to call without delay.

For more information visit: DOYUFraud.com

DouYu International Holdings Limited (DOYU) is a game-focused live streaming platform in China and a major company in the eSports platform as well. DouYu operates its platform on PC and mobile apps, through which users can play interactive games and live stream entertainment.

The lawsuit in question against DouYu alleges that the IPO Registration Statement and Prospectus the company and other defendants used to ultimately secure over $489 million in net proceeds from investors hid extensive problems at the company. DouYu allegedly concealed that its top streamer was actively misrepresenting herself and costs associated with retaining top streamers was ballooning. DouYu also allegedly did not ensure that all of its products were fully compliant with current regulatory requirements before the products were made available online and key features of DouYu's "Lucky Draw" were non-compliant with current regulatory requirements.

If you are a DOYU investor who purchased shares during the IPO on July 18, 2019 or up to December 31, 2019, call our experienced case managers now at 800-306-0939 to discuss your legal rights in this securities fraud class action lawsuit.

The class has not been certified yet. You are not represented by an attorney until certification occurs. If you do not take action you can remain an absent class member. There is no required minimum number of shares to be a class member.

About Sokolove Law

Sokolove Law provides quality legal services that help people obtain access to the civil justice system. For more than 40 years, Sokolove Law has worked to educate people about their legal rights and helped thousands of injured parties obtain the compensation they deserved from their legal claims. Sokolove Law is a national law firm with offices and a licensed attorney in nearly every state. The firm operates as a limited liability company in all states except Virginia, California, Michigan and Tennessee, where it operates as a limited liability partnership. For more information on Sokolove Law, please visit www.sokolovelawfirm.com

THIS IS AN ADVERTISEMENT Sokolove Law, LLC, 1330 Boylston St, Suite 400, Chestnut Hill, MA 02467. Ricky LeBlanc admitted in MA only. While this firm maintains joint responsibility, most cases of this type are referred to other attorneys for principal responsibility. This is general information only and should not be taken or relied on as legal, medical, or other advice. No attorney-client or other professional relationship is created by providing or using this information. Prior results do not guarantee a similar outcome. ©2020 Sokolove Law, LLC

SOURCE: Sokolove Law, LLC

ReleaseID: 582538

Signify the Ease of Mortgaging with The O.C. Mortgage Specialist

SANTA ANA, CA / ACCESSWIRE / March 25, 2020 / The O.C. Mortgage Specialist, founded by Nicholas Panos is a Mortgage Brokerage that deals with negotiating suitable loan products for borrowers. Its primary purpose is to provide clients with the best possible loan scenario, competitive interest rates, and reasonable closing costs. It is difficult to purchase assets such as homes with cash on hand, that's why the proper loan is an absolute necessity. The biggest concern in retrospect is finding the most suitable lender. If you end up with a lender that costs you more interest than what market price indicates, it will be a bad deal. That's the reason why there is a need for a Broker that works between lender and borrower and this is where The OC Mortgage Specialist fits in, assigning the best lender so you pay less overall.

That being said at OC Mortgage Specialist, we offer a series of loan products each having its own niche and merit. Let's take a look into some of them.

Private Investor and Hard Money Loan

This is a lifesaver for people who didn't have any luck with the bank due to credit issues. In this segment of products, we assign clients with lenders that offer higher interest rates and assume more risk. Private Lenders don't require a minimum credit score and will qualify you based on the amount of your down payment, typically 30% or more. Loan amounts range from $75,000 to $2,500,000.

Bank Statement Qualifier

In obtaining a mortgage loan, most times you are required to show some legal form of cash flow in order to verify your capacity as a borrower. This can be difficult to prove depending on how one receives income, especially for the Self Employed. Requirements are credit rating of more than 600, 90% loan to value ratio and 50% debt to income ratio. Loan amounts vary between $150,000 to $3,000,000. In addition a fico score of more than 600 is necessary to qualify.

Asset-Based Mortgage

While the bank makes a loan agreement, they also verify your capability to repay by assessing income. There are some borrowers who don't have sources of income, rather they possess numerous liquid financial assets. These may be used to help one qualify for a new home loan.

Apart from these we also offer Foreign National Loans (for non-US citizens). For more information please visit our website at www.ocmortgagespecialist.com then contact us directly to discuss your specific needs.

Media Contact:
Company: The O.C. Mortgage Specialist
Email: info@ocmortgagespecialist.com
Website: www.ocmortgagespecialist.com

SOURCE: The O.C. Mortgage Specialist

ReleaseID: 582552

Trinity Bank Increases Cash Dividend 6.67%

FORT WORTH, TX / ACCESSWIRE / March 25, 2020 / Trinity Bank, N.A. (OTC PINK:TYBT) announced that on March 24, 2020, the Board of Directors declared a cash dividend of $ .64 per share. The dividend will be payable on April 30, 2020 to shareholders of record as of the close of business on April 15, 2020.

In a statement released by President Barney C. Wiley, "Trinity Bank is pleased to announce its 17th semiannual cash dividend. The dividend of $ .64 per share, payable in April 2020, represents a 6.67% increase over the $ .60 per share dividend that was paid in April 2019."

Trinity Bank has increased its semiannual dividend each six months since dividends were initiated in 2012.

 

April

Oct

Special

 

2012

$.20

$.20

$1.00

$1.40

2013

.25

.28

 

.53

2014

.31

.34

 

.65

2015

.38

.42

 

.80

2016

.44

.46

 

.90

2017

.49

.51

 

1.00

2018

.54

.57

 

1.11

2019

.60

.62

 

1.22

2020

.64

 
 

.64

Total Dividends paid to date

 

$8.25

Mr. Wiley went on to say, "In spite of the turmoil in our nation today, Trinity Bank remains in a position to be able to share our earnings with our shareholders in the form of an increased dividend. Please take a moment to visit our website – www.trinitybk.com – and click on ‘We are in this together! We will get through this together!'. You will find a short article on the Capital and Liquidity positions of Trinity Bank." The Board will review the dividend policy again in the fall when operating results for the first half of 2020 are available.

Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: http://www.trinitybk.com click on "About Us" and then click on "Investor Information". Financial information in regulatory reporting format is also available at www.fdic.gov.

For information contact:

Richard Burt
817-763-9966

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB‑1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward‑looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward‑looking statements, whether as a result of new information, future events or otherwise, unless the securities laws.

SOURCE: Trinity Bank, N.A.

ReleaseID: 582550

Goldrich Mining Enters into Amended Loan Agreement Guaranty and Deed of Trust

SPOKANE, WA / ACCESSWIRE / March 25, 2020 / Goldrich Mining Company (OTCPINK: GRMC) ("Goldrich" or the "Company) announces it has signed an agreement with Nicholas Gallagher ("Gallagher"), a related party and member of the Company's Board of Directors, in his capacity as Agent ("Agent") for and on behalf of Gallagher and other lenders (Gallagher and the other lenders collectively, "Holders"). The agreement amends the Senior Secured Note financing previously noted in Goldrich's new releases dated February 13, 2018 and August 20, 2018.

Goldrich (the "Borrower") and its wholly-owned subsidiary, Goldrich Placer LLC (the "Guarantor") and Holders entered into an Amended and Restated Loan, Security, and Intercreditor Agreement (collectively the "Amended 2019 Loan Agreement"), effective as of November 1, 2019 (as amended, supplemented, extended, restated, or otherwise modified from time to time), pursuant to which, in exchange for the secured promissory notes (the "Notes") and other consideration:

Holders have loaned to Borrower prior to November 1, 2019, an aggregate principal amount of $3,987,368.49;

Gallagher has agreed to make additional loans to Borrower from and after November 1, 2019, totaling a maximum principal amount of $394,736.84 (the net proceeds of which to GMC will be $375,000), and

With the consent of Agent, any new lender or existing Holder may make an additional loan or loans under the Loan Agreement,

Under the Amended 2019 Loan Agreement:

The Borrower and Holders entered into a Deed of Trust whereunder the Notes are secured by a security interest in all real property, claims, contracts, agreements, leases, permits and the like.

The Borrower and any Holder may negotiate a separate agreement enabling the Borrower to issue shares to said Holder in satisfaction of some or all interest that may be due to said Holder.

The Guarantor entered into a Guaranty whereunder the Guarantor unconditionally guarantees and promises to pay to the order of each Holder

the principal sum of each Note held by such Holder when and as the same becomes due, whether at the stated maturity thereof, by acceleration, call for redemption, tender, or otherwise,

all Interest payable on each such Note when and as the same becomes due, and

any other amounts owing by Borrower to such Holder under the Loan Agreement or any other Loan Document when and as the same becomes due.

In an agreement separate from the Amended 2019 Loan Agreement, Goldrich and Mr. Gallagher have negotiated that Mr. Gallagher, at his option, has the right to convert outstanding but unpaid and future interest on his loans into stock of the Company at $0.015 per share.

As a result of this Amended 2019 Loan Agreement, Goldrich secured funds needed for general and administrative functions while the Company seeks financing for exploration for the hard rock gold prospects and formulating a profitable mine plan for the Little Squaw Creek gold mine.

The Amended 2019 Loan Agreement documents have been filed with EDGAR and may be viewed in their entirety on the Goldrich website.

About Goldrich Mining

Goldrich Mining (OTCPINK: GRMC) is a U.S. based resource company focused on developing the Chandalar gold district in Alaska, USA. The Company controls a land package spanning 23,000 acres of highly prospective gold targets and historic mines. Goldrich is focused on building shareholder value by monetizing placer assets, generating non-dilutive funds, and working towards building a lode gold mine at Chandalar in addition to the existing placer gold mine already producing on site.

For additional information regarding Goldrich Mining Company or this news release, contact Mr. William Schara via telephone at (509) 768-4468 or info@goldrichmining.com.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements concern use of proceeds and potential exercise of the warrants. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, budgets, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might", "should" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation:

risks related to our ability to continue as a going concern being in doubt;

risks related to our history of losses;

risks related to our outstanding gold forward sales contracts and notes;

risks related to need to raise additional capital to fund our exploration and, if warranted, development and production programs;

risks related to our property not having any proven or probable reserves;

risks related to our limited history of commercial production;

risks related to operating a mine;
risks related to accurately forecasting production;

risks related to our dependence on a single property – the Chandalar property;

risks related to climate and location restricting our exploration and, if warranted, development and production activities;

risks related to our mineralization estimates being based on limited drilling data;

risks related to our exploration activities not being commercially successful;

risks related to actual capital costs, production or economic return being different than projected;

risks related to our joint venture arrangements;

risks related to mineral exploration;

risks related to increased costs;

risks related to a shortage of equipment and supplies;

risks related to fluctuations in gold prices;

risks related to title to our properties being defective;

risks related to title to our properties being subject to claims;

risks related to estimates of mineralized material;

risks related to government regulation;

risks related to environmental laws and regulation;

risks related to land reclamation requirements;

risks related to future legislation regarding mining laws;

risks related to future legislation regarding climate change;

risks related to our lack of insurance coverage for all risks;

risks related to competition in the mining industry;

risks related to our dependence on key personnel;

risks related to our executive offices not dedicating 100% of their time to our company;

risks related to potential conflicts of interest with our directors and executive officers;

risks related to market conditions; and

risks related to our shares of common stock.

This list is not exhaustive of the factors that may affect our forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are discussed in the Company's latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as required by law.

SOURCE: Goldrich Mining Company

ReleaseID: 582553

TGI Acquires Equity Interest in Auxilian Energy, Subsidiary of Renesys Group

NORTH BRUNSWICK, NJ / ACCESSWIRE / March 25, 2020 / TGI SOLAR POWER GROUP INC. (OTC PINK:TSPG) ("TGI"), a diversified technology company, announced today that it has purchased an equity stake in Auxilium Energy a ReneSys Group company headquartered in Zug, Switzerland.

"We are continually looking to expand our operations in Europe. Auxilium, owns proprietary battery cell storage technology, is a great opportunity and addition to our portfolio, currently operating in the Czech Republic, to start immediate construction of a state-of-the-art battery cell manufacturing plant in the United Kingdom, with future contracts to expand into Italy, Ukraine and Germany" said Henry Val, CEO of TGI Group.

ReneSys Group is "excited for this new venture and sees TGI Group as a strong strategic alliance for the expansion of its Auxilium Battery plants in Europe" and is "great to see the continuous trend in the market's growth for adoption of renewable energy. Microgrids are being implemented as a flexible architecture for deploying distributed energy resources (DER's) in communities around the world and the evolvement of our company, its technologies and impact factors in the sustainable sector," said Josue Altomonte, CEO of ReneSys Group.

As we stated previously, TGI's initial plan of Electric Vehicles assembly plant, will require financing Euro15-20MM combination of debt and equity. Financing is going to be done through wholly owned European subsidiary. Big Ben proposal calls for pre-IPO placement of €2.5MM ($2.9MM) and follow up financing in-order to prepare for becoming a publicly traded entity on the Nordic Growth Market NGM AB, MIC Code XNGM (NGM), a regulated Swedish Stock Exchange in Stockholm and subsidiary to Boerse Stuttgart (SWB) in Germany.

About Auxilium Energy: Auxilium Energy, which also operates under the name NEWCO Ion-Battery UK Ltd in the United Kingdom has its parent company headquartered in Zug, Switzerland. The organization primarily operates in the Li-ion electrode and battery cell assembly for the Energy Storage System business / industry within the Electronic & Other Electrical Equipment & Components sector. This division has been operating for 3 years. The organization will be engaged in the design and manufacturing activities at the above-mentioned facilities in Europe.

About Renesys Group: ReneSys Group is a renewable energy systems technology and asset management company employing an integrated approach to renewable energy development, grid/distribution modernization, and transactive energy management. This integrated approach is creating new and more efficient production technologies, network architectures, energy management systems and services, and community-based energy initiatives. Renesys Group and its sister companies, comprise of an end-to-end energy management software, development/production energy company and transactive energy utilizing Ai and Blockchain technologies for the optimization of energy production and consumption management system serving global markets in the renewable energy sector.

For more information, please see www.otcMarkets.com under ticker symbol "TSPG", and visit our Facebook page https://www.facebook.com/TGIpower. To receive updates follow us on Twitter www.twitter.com/TgiPower.

About TGI Solar: TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission

For further info:

HenryV@TGIPOWER.COM
917-353-5099

SOURCE: TGI Solar Power Group, Inc.

ReleaseID: 582548

IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Tilray, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 25, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Tilray, Inc. ("Tilray" or "the Company") (NASDAQ:TLRY) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between January 15, 2019 and March 2, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before May 5, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Tilray materially overstated the advantages of its marketing and revenue sharing agreement with Authentic Brands Group (the "ABG Agreement"). The failure of the ABG Agreement to perform was likely to have a significant impact on the Company's financial results. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Tilray, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 582546

HyreCar, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / March 25, 2020 / HyreCar, Inc. (NASDAQ:HYRE) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 25, 2020 at 5:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/60784

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.

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SOURCE: Investor Network

ReleaseID: 582419