LOS ANGELES, CA / ACCESSWIRE / May 29, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Groupon, Inc. ("Groupon" or "the Company") (NASDAQ:GRPN) 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 November 4, 2019 and February 18, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before June 29, 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 310-301-3335, 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. Groupon's Goods category was suffering from a low number of customer engagements. The Company relied on this business segment to drive sales, especially in the holiday season. This weakening performance was likely to reduce the Company's sales. 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 Groupon, 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

SOURCE: The Schall Law Firm
 

ReleaseID: 592070

LOS ANGELES, CA / ACCESSWIRE / May 29, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Fifth Third Bancorp ("Fifth Third" or "the Company") (NASDAQ:FITB) 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 February 26, 2016 and March 6, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before June 8, 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 310-301-3335, 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. Fifth Third employees engaged in unauthorized activity with customer accounts due to the Company's aggressive cross-sell incentives. The Company had been aware of the behavior since at least 2008, placing it in violation of consumer protection laws and regulations. The Company failed to maintain appropriate controls on its cross-selling invectives, including detecting and stopping misconduct. 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 Fifth Third, 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
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 592068

LOS ANGELES, CA / ACCESSWIRE / May 29, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Zoom Video Communications, Inc. ("Zoom" or "the Company") (NASDAQ:ZM) 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 April 18, 2019 and April 6, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before June 8, 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 310-301-3335, 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. Zoom failed to maintain appropriate data privacy and security measures. The Company falsely claimed its service featured end-to-end encryption. The Company's users suffered an increased risk of having their personal data accessed by third parties including Facebook. The Company's userbase was likely to shrink as news of security flaws came to light. Based on these facts, the Company's public statements were false and materially misleading. When the market learned the truth about Zoom, 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
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 592071

VANCOUVER, BC / ACCESSWIRE / May 29, 2020 / Majestic Gold Corp. ("Majestic" or the "Issuer") (TSXV:MJS) announced today that, further to its news release (the "Relief Announcement") dated April 14, 2020, it is continuing to rely upon the temporary blanket relief (the "Relief") for market participants published by the Canadian Securities Administrators, which relief provides issuers with a 45-day filing extension for filings required on or before June 1, 2020, to allow issuers the time needed to focus on the many other business and financial reporting implications of the COVID-19 pandemic.

The Company is relying on the Relief, in accordance with BC Instrument 51-515 – Temporary Exemption from Certain Corporate Finance Requirements and Alberta Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements, with respect to the filing of its audited annual consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the fiscal year ended December 31, 2019 (collectively, the "Annual Filings") and the quarterly consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the period ended March 31, 2020 (the "Q1 Filings"), which are required to be filed under Sections 4.2, 4.3 and 5.1 of National Instrument 51-102 – Continuous Disclosure Obligations.

The Company is continuing to work diligently and expeditiously to file the Annual Filings and the Q1 filings as soon as possible in accordance with the Relief. In addition, the Company confirms that there have been no material business developments since the date of Relief Announcement on April 14, 2020.

About Majestic Gold Corp.

Currently focused mainly in China, Majestic Gold Corp. is a British Columbia based company engaged in commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China. Additional information on the Company and its projects is available under the Company's profile at www.sedar.com and on the Company's website at www.majesticgold.com.

For further information, please contact:

Stephen Kenwood, P.Geo., President and CEO
Telephone: (604) 560-9060
Email: info@majesticgold.com
www.majesticgold.com

FORWARD LOOKING INFORMATION

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of the word, "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this news release contains forward-looking information relating to the anticipated timing for filing the annual financial statements for the year ended December 31, 2019 and the first quarter financial statements for the three months ended March 31, 2020, and related management's discussion and analysis.

Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The Company cautions the reader that the above list of risk factors is not exhaustive. Those assumptions and factors are based on information currently available to the Company. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws, or as otherwise may be disclosed in this news release. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

SOURCE: Majestic Gold Corp.

ReleaseID: 592057

WINNIPEG, MANITOBA / ACCESSWIRE / May 29, 2020 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) is pleased to announce the closing of a non-brokered private placement (the "Private Placement") with a strategic syndicate led by Palisades Goldcorp consisting of 40,446,333 units (the "Units") at a purchase price of $0.06 per Unit to raise gross proceeds of $2,426,780.

Each Unit consists of one common share (a "Share") in the share capital of the Corporation and one share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder to purchase one additional Share in the share capital of the Corporation for a period of 5 years, at an exercise price of $0.12 per Share.

All securities issued in connection with the Private Placement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Insiders of the Corporation subscribed for an aggregate of 1,200,000 Units for gross proceeds of $72,000.00 under the Private Placement (the "Insider Subscriptions"). The Insider Subscriptions constitute "related party transactions" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions ("MI 61-101"). The Corporation has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 in respect of the Insider Subscriptions.

The net proceeds from the Private Placement will be used for general corporate purposes and to advance the Winston gold project near Helena Montana

About Palisades Goldcorp

Palisades Goldcorp is Canada's new resource focused merchant bank. Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable financiers. With junior resource equities valued at generational lows, management believes the sector is on the cusp of a major bull market move. Palisades is positioning itself with significant stakes in undervalued companies and assets with the goal of generating superior returns.

About Winston Gold

Winston Gold is a junior mining company focused on advancing high-grade, low cost mining opportunities into production. Towards that end, the Corporation has acquired an underexplored and under-exploited gold/silver mining opportunity, being the Winston Gold project near Helena, Montana.

ON BEHALF OF THE BOARD OF DIRECTORS OF THE CORPORATION

For further information, please contact

Murray Nye, Chief Executive Officer
Suite 201-919 Notre Dame Avenue
Winnipeg, Manitoba, R3E 0M8 Canada
Telephone: (204) 989-2434
E-mail: murray@winstongold.com

The CSE has neither approved nor disapproved the information contained herein.

SOURCE: Winston Gold Corp.

ReleaseID: 592051

VANCOUVER, BC / ACCESSWIRE / May 29 2020 / Experion Holdings Ltd. (the "Company" or "Experion") (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31) is pleased to announce the results of its annual general and special meeting of the shareholders held on May 27, 2020 (the "Meeting")

The Company put forward the following resolutions to be voted on by shareholders at the Meeting, all of which were approved:

(i) Fixing the number of directors of the Company at six (6);
(ii) The election of the following directors: Michael Black, Jarrett Malnarich, Deni Echino, Sean MacNeil, William Dickie and Byron Dudley;
(iii) Approval of a special resolution to change the registered address of the Company from Alberta to British Columbia;
(iv) Approval of the Company's stock option plan; and
(v) Appointment of MNP LLP, Chartered Professional Accountants, as Auditors of the Company for the ensuing year and authorizing the Directors to fix their remuneration.

Each of the directors elected at the meeting will hold office until the next annual meeting of the Company or until their earlier resignation or removal. Mr. Jarrett Malnarich accepted the role of Interim Chairman; Mr. Byron Dudley was appointed the Audit Committee Chair and Mr. Sean MacNeil was appointed the Compensation and Governance Chair.

In addition, the Company granted 300,000 Restricted Stock Units ("RSUs") to its directors and a former director, of which 62,500 RSUs will vest on May 31, 2021, and the remaining 237,500 RSUs will vest 12 months after the directors resign, for their contribution in the first half of fiscal 2020.

CEO Jarrett Malnarich commented. "We are pleased to have our board elected with high acceptance from our voting shareholders. Having a strong Board is fundamental to Experion as we move forward with our strategy and grow the Company's valuation in the marketplace. Our focused mandate to execute our strategic business plan, become profitable, build our team and communicating our strategy gives Experion a sound footing in building a progressive cannabis company."

About Experion Holdings Ltd.

Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC.

Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including Adult-use, Wellness and Therapeutic, and Medical products.

Experion trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol "EXP" on the OTCQB Venture under the symbol "EXPFF" and on the Frankfurt Stock Exchange under the symbol "MB31"

For further information, please visit the Company's website www.experionwellness.com or contact Investor Relations, Email: IR@experionwellness.com

Disclosure

This press release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, forecast, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company's equity securities; recent market volatility; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; the risks identified in the Filing Statement, and other risks and factors that the Company is unaware of at this time. The reader is referred to the Filing Statement dated September 25, 2017 and/or the most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company page on SEDAR at www.sedar.com.

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

SOURCE: Experion Holdings Ltd.

ReleaseID: 592047

VANCOUVER, BC / ACCESSWIRE / May 29, 2020 / Granite Creek Copper Ltd. (TSXV:GCX) ("Granite Creek" or the "Company") announces a private placement of up to a total of 10,000,000 units at a price of $0.05 per unit for aggregate proceeds of $500,000. Each unit will consist of one common share of the Company (a "Share") and one-half of one share purchase warrant. Each whole warrant (a "Warrant") will entitle the holder to acquire one common share of the Company at an exercise price of $0.075 for a period of 36 months following the closing date of the private placement (the "Closing Date").

If, at any time after the Closing Date, the closing price of the Company's common shares on the TSX Venture Exchange is greater than $0.15 per share for a period of 10 consecutive trading days, the Company may elect to accelerate the expiry date of all or part of the Warrants, at any date that is four months and one day after the Closing Date, by giving notice thereof to the holders of the Warrants. In such case, that portion of the Warrants would be subject to an expiry date that is 30 business days after the date on which such notice is given by the Company.

The Company has completed an initial tranche of 7,910,000 units for aggregate proceeds of $395,500. The Shares are subject to a hold period of four months and one day from issuance in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The Shares have not been, and will not be, registered under 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 any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

Tim Johnson, President & CEO, stated, "We are pleased to complete this first tranche of the private placement and expect to close the remainder in the next two weeks. The Company is working to finalize exploration plans to advance our flagship Stu Copper-Gold Project in the high-grade Minto Copper District of Canada's Yukon Territory while maintaining appropriate social distancing and safety protocols. We anticipate further announcements about this year's field season and other initiatives the Company is working on in the coming weeks."

About Granite Creek Copper

Granite Creek, a member of the Metallic Group of Companies, is a Canadian exploration company focused on the 100%-owned Stu Copper-Gold project located in the Yukon's Minto Copper District. This 115 square kilometer property is on trend with Pembridge Resources' high-grade Minto copper-gold mine to the north, and Copper North's advanced stage Carmacks copper-gold-silver project to the south. The project has excellent access to infrastructure with the nearby paved Yukon Highway 2, along with grid power within 12 kilometers. More information about Granite Creek and the Stu Copper-Gold Project can be viewed on the Company's website at www.gcxcopper.com.

About the Metallic Group of Companies

The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of large, brownfields assets in established mining districts adjacent to some of the industry's highest-grade producers of platinum and palladium, silver and copper. Member companies include Granite Creek Copper in the Yukon's Minto copper-gold district, Metallic Minerals in the Yukon's Keno Hill silver district, and Group Ten Metals in the Stillwater PGM-Ni-Cu district in Montana. The founders and team members of the Metallic Group include highly successful explorationists formerly with some of the industry's leading explorer/developers and major producers and are undertaking a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven historic mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada and its member companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.

FOR FURTHER INFORMATION PLEASE CONTACT:

Timothy Johnson, President & CEO
Telephone: 1 (604) 235-1982
Toll Free: 1 (888) 361-3494
E-mail: info@gcxcopper.com
Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca

Forward-Looking Statements

Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Granite Creek Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Granite Creek Copper and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

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: Granite Creek Copper Ltd.

ReleaseID: 592046

VANCOUVER, BC / ACCESSWIRE / May 29, 2020 / CubicFarm® Systems Corp. (TSXV:CUB) ("CubicFarms" or the "Company") today reported its financial and operating results for the three months ended March 31, 2020.

CubicFarms CEO Dave Dinesen commented: "We had an eventful quarter highlighted by the landmark strategic investment by top ag-tech investor Ospraie Ag Science, who saw CubicFarms' potential to help address the need for locally produced, safe, reliable, environmentally-friendly and affordable food and livestock feed, that has been amplified by the COVID-19 pandemic.

"We've had good sales momentum since closing the acquisition of HydroGreen Inc. – the manufacturer of the HydroGreen livestock feed system – in January, and have secured large sales orders for both the fresh produce and livestock feed sides of the business, including our largest 100-machine sale to date. We expect our technology to localize food production to continue receiving increasing interest worldwide.

"The pandemic may have introduced a slight delay to some delivery timelines for machine installation, but it has caused a significant increase in the number of inquiries we are receiving from around the world. We are also using this time to further strengthen the company by rounding out our management team and completing a variety of projects that in the past were a challenge to get to. Our team is focused on executing critical projects in the next quarter and beyond, that will add value to the company and our stakeholders – including the successful delivery of machines to our customers, streamlining and building out our after-sales support programs, continuing to innovate on R&D for machines and crop varieties, and pursuing partnerships and business opportunities strategically."

CubicFarms' third quarter financial statements and management's discussion and analysis will be issued and filed on SEDAR at www.sedar.com on May 29, 2020 and will be available on the same day on CubicFarms' website at https://cubicfarms.com/investors/.

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.

About CubicFarm® Systems Corp.

CubicFarm Systems Corp. ("CubicFarms") is a technology company that is developing and deploying technology to feed a changing world. Its proprietary technologies enable growers around the world to produce high-quality, predictable crop yields. CubicFarms has two distinct technologies that address two distinct markets. The first technology is its patented CubicFarm™ System, which contains patented technology for growing leafy greens and other crops. Using its unique, undulating-path growing system, the Company addresses the main challenges within the indoor farming industry by significantly reducing the need for physical labour and energy, and maximizing yield per cubic foot. CubicFarms leverages its patented technology by operating its own R&D facility in Pitt Meadows, British Columbia, selling the System to growers, licensing its technology and providing vertical farming expertise to its customers.

The second technology is CubicFarms' HydroGreen System for growing nutritious livestock feed. This system utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labour and water. The HydroGreen System is fully automated and performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding – all with the push of a button – to deliver nutritious livestock feed without the typical investment in fertilizer, chemicals, fuel, field equipment and transportation. The HydroGreen System not only provides superior nutritious feed to benefit the animal, but also enables significant environmental benefits to the farm.

Information contact

Kimberly Lim
kimberly@cubicfarms.com
Phone: +1-236-858-6491
www.cubicfarms.com

Cautionary statement on forward-looking information

This news release contains certain "forward-looking information" as such term is defined under applicable Canadian securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the anticipated growth and development of the Company's business) constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company as well as certain assumptions including, without limitation, related to the development of its business and demand for its products). Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Reference is also made to the risk factors disclosed under the heading "Risk factors" in the Company's Annual Information Form for the year ended June 30, 2019 which has been filed on SEDAR and is available under the Company's profile at www.sedar.com.

There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE: CubicFarm Systems Corp

ReleaseID: 592043

SAN FRANCISCO, CA / ACCESSWIRE / May 29, 2020 / Hagens Berman urges investors in Ryder System, Inc. (NYSE:R) who have suffered losses in excess of $100,000 to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims.

Class Period: Jul. 23, 2015 – Feb. 13, 2020

Lead Plaintiff Deadline: July 20, 2020

Visit: https://www.hbsslaw.com/investor-fraud/r

Contact An Attorney Now: Ryder@hbsslaw.com

844-916-0895

Ryder System, Inc. (R) Securities Class Action:

The Complaint alleges that throughout the Class Period, Defendants misled investors by overstating Ryder's financial results. According to the Complaint, Defendants assigned grossly overstated residual values to Ryder's trucking fleet, which allowed the company to record smaller-than-required depreciation expenses and, in turn, artificially inflate the company's reported earnings.

Investors began to learn the truth through a series of partial disclosures beginning on July 30, 2019, when Ryder drastically reduced its FY 2019 earnings forecast, blaming weaker valuations of the company's tractors.

Then, on Oct. 29, 2019, the company significantly lowered the residual values for all its vehicles and recorded a $177 million depreciation expense, explaining that "management concluded that our residual value estimates likely exceed the expected future values that would be realized upon the sale of power vehicles in our fleet."

Finally, on Feb. 13, 2020, Defendants disclosed Ryder recorded a total depreciation expense of $357 million for FY 2019, and that it expected to record an additional depreciation expense of $275 million during FY 2020 due to additional reductions of residual values.

In response to each disclosure, the price of Ryder shares sharply fell.

"We're focused on investors' losses and proving Ryder intentionally deceived investors through its accounting gimmickry," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of Ryder and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Ryder should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email Ryder@hbsslaw.com.

# # #

About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

CONTACT:
Reed Kathrein
844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 592042

SAN FRANCISCO, CA / ACCESSWIRE / May 29, 2020 / Hagens Berman urges investors in GSX Techedu Inc. (NYSE:GSX) to submit their losses now. The June 16, 2020 lead plaintiff deadline in a securities fraud class action against GSX is fast approaching.

Class Period: June 6, 2019 – Apr. 13, 2020

Lead Plaintiff Deadline: June 16, 2020

Sign Up: www.hbsslaw.com/investor-fraud/GSX

Contact An Attorney Now: GSX@hbsslaw.com

844-916-0895

GSX Techedu (GSX) Securities Class Action:

The Complaint alleges Defendants misreported GSX's financials, student enrollment figures, and teacher qualifications.

Investors began to learn the truth on Feb. 25, 2020, when Grizzly Research published a scathing report, accusing GSX of "drastically overstating its profitability in its US public filings, especially for 2018." Grizzly claimed that GSX had generated "fake student enrollments to boost student count," and "fabricated teachers profiles."

On Apr. 14, 2020, Citron Research similarly charged GSX with fabricating revenues by 70% and overstating net profits by 75%.

Then, on May 7, 2020, Citron published another report, citing "definitive evidence" of GSX "committing securities fraud." Citron avers that GSX understated customer acquisition costs by moving expenses off its books to shell companies.

On May 18, 2020, Muddy Waters joined in, concluding GSX "is a near-total fraud," given that 70-80% of its users are fake.

On May 28, 2020, Muddy Waters cited additional evidence of GSX fabricating its user numbers, including an account from a former GSX manager.

"We're focused on investors' losses and proving GSX deceived investors," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of GSX and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding GSX should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email GSX@hbsslaw.com.

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About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

CONTACT:
Reed Kathrein
844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

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