WINNIPEG, MANITOBA / ACCESSWIRE / July 31, 2020 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) announces the Board of Directors of the Corporation has granted a total of 3,000,000 incentive stock options to certain consultants of the Corporation to purchase a total of 3,000,000 common shares at an exercise price of $0.12. The options expire on July 31, 2025.

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 under-explored 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: 599915

MONTREAL, QUEBEC / ACCESSWIRE / July 31, 2020 / Critical Elements Lithium Corporation (the "Corporation" or "Critical Elements") (TSX-V:CRE) (US OTCQX:CRECF) (FSE:F12) is pleased to announce a non-brokered private placement of up to 10,000,000 common share units (the "Units") of the Corporation at a price of $0.30 per Unit for aggregate gross proceeds of $3.0 million (the "Offering").

Each Unit will be comprised of one common share of the Corporation and one-half of one common share purchase warrant of the Corporation (each full warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share of the Corporation at a price of $0.45 per common share at any time on or before that date which is 24 months after the closing date of the Offering.

The net proceeds of the Offering will be used by the Corporation to advance the Rose Lithium-Tantalum project as well as for working capital and general corporate purposes.

The Corporation may pay finder's fees of 6.0% of the gross proceeds from the sale of the Units sold under the Offering payable in cash. The Offering is subject to TSX Venture Exchange approval and all securities issued will be subject to a four-month hold period.

About Critical Elements Lithium Corporation

Primero Group recently completed the first phase of its Early Contractor Involvement agreement with the Corporation and provided a Guaranteed Maximum Price for the engineering, procurement and construction of the wholly-owned Rose Lithium-Tantalum project on a lump sum turnkey basis that is in line with the Project's feasibility study published November 29, 2017. The project feasibility study is based on price forecasts of US $750/tonne for chemical-grade lithium concentrate (5% Li2O), US $1,500/tonne for technical-grade lithium concentrate (6% Li2O) and US $130/kg for Ta2O5 in tantalite concentrate, and an exchange rate of US $0.75/CA $. The internal rate of return ("IRR") for the Rose Lithium-Tantalum project is estimated at 34.9% after tax, and net present value ("NPV") is estimated at CA $726 million at an 8% discount rate. The estimated payback period is 2.8 years. The pre-tax IRR for the Rose Lithium-Tantalum Project is estimated at 48.2% and the pre-tax NPV at CA $1,257 million at an 8% discount rate (see press release dated September 6, 2017). The financial analysis is based on the Indicated mineral resource. An Indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The life-of-mine (LOM) plan provides for the extraction of 26.8 million tonnes of ore, 182.4 million tonnes of waste, and 11.0 million tonnes of overburden for a total of 220.2 million tonnes of material. The average stripping ratio is 7.2 tonnes per tonne of ore. The nominal production rate is estimated at 4,600 tonnes per day, with 350 operating days per year. The open pit mining schedule allows for a 17-year mine life. The mine will produce a total of 26.8 million tonnes of ore grading an average of 0.85% Li2O and 133 ppm Ta2O5, including dilution. The mill will process 1.61 million tonnes of ore per year to produce an annual average of 236,532 tonnes of technical and chemical grade spodumene concentrate and 429 tonnes of tantalite concentrate.

FOR MORE INFORMATION:

Jean-Sébastien Lavallée, P.Geo.
Chief Executive Officer
819-354-5146
jslavallee@cecorp.ca
www.cecorp.ca

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: Critical Elements Lithium Corporation

ReleaseID: 599653

JASPER, IN / ACCESSWIRE / July 31, 2020 / SVB&T Corporation, parent company of Springs Valley Bank & Trust Company, today announced 2020 second quarter unaudited earnings of $1.4M or $2.46 earnings per share (EPS), a 39.0% increase over the same prior year period EPS. This also compares favorably in total dollars to $991,000 of net income in the second quarter of 2019. This second quarter 2020 performance translates to a return on average assets (ROAA) of 1.14%, compared to the same prior year period of 0.93%.

Net interest income increased over the prior year second quarter due to growth in earning assets and reduced funding costs of both deposits and borrowings resulting from the reduced rate environment subsequent to the Fed's 150 basis point decrease in the federal funds rate in March. Additionally, as compared to the prior year second quarter, non-interest income increased approximately $685,000, primarily due to elevated sold mortgage income, which more than offset the increase in non-interest expense of $399,000, resulting primarily from expanding Springs Valley's footprint into two new markets and the subsequent staffing and other overhead expenses necessary to support this growth. Quarter over trailing quarter earnings increased approximately $559,000 or 68.62%. The biggest contributors to this positive variance, again, were increased non-interest income, with sold mortgage income being the largest contributor, and reduced interest expense due to lower rates on deposits and borrowings.

SVB&T Corporation book value has risen from $82.03 per share at December 31, 2019 to $87.18 at June 30, 2020, a 6.28% increase. SVB&T Corporation stock closed at $61.00 per share on the OTCQX exchange on July 30, 2020.

Total assets increased $42.0 Million to $494.8 Million at June 30, 2020 compared to December 31, 2019 assets of $452.9 Million. Total loans before allowances increased $35.7 Million to $386.0 Million at June 30, 2020 from $350.3 Million at December 31, 2019. The loan growth was primarily generated in commercial lines of credit from agriculture lines of credit and SBA lending resulting from the SBA's Paycheck Protection Program (PPP). Springs Valley Bank & Trust made 396 PPP loans for approximately $21.3 Million as of June 30, 2020. Total deposits increased $19.2 Million to $380.4 Million at June 30, 2020 from $361.2 Million at December 31, 2019. The deposit growth has been generated in both interest bearing and non-interest bearing deposits accounts, seemingly as a result of PPP lending, economic impact payments, and a generally elevated propensity for saving as a result of the overall level of economic uncertainty.

Unaudited net income for the six months ended June 30, 2020 was $2.2 Million or $3.92 EPS, a 31.10% increase over the same prior year period EPS. This also compares favorably in total dollars to $1.7 Million of net income over the same period in 2019. This year to date (YTD) June 30, 2020 performance translates to a return on average assets (ROAA) of 0.94%, compared to the same prior year period of 0.80%.

Net interest income before provision expense for the six months ended June 30, 2020 was $7.6 Million compared to $6.8 Million for the same period in 2019, an increase of $821,000. Growth in earning assets resulted in $521,000 of additional interest income as compared to the same prior year period, even with the Fed's 150 basis point rate reduction in March. Additionally, interest expense decreased by $300,000 over the same time frame due to the lower rate environment and its impact on deposit and borrowing rates, further contributing to the growth in net interest income. Total non-interest income increased $937,000 to $3.4 Million YTD June 2020 from $2.5 Million for the same period in 2019. The largest contributing factor to the positive variance was sold mortgage income which has experienced a significant uptick in volume, as noted above. Growing non-interest income to reduce margin dependence continues to be a strategic focus of Springs Valley Bank & Trust. Non-interest expense increased $741,000 to $7.7 Million YTD June 2020 from $6.9 Million for the same period in 2019. This expense increase was primarily driven by various overhead components that have been necessary to build out the infrastructure to support the future growth of the bank and serve a growing customer base, as discussed in the 2020 second quarter earnings commentary above. The largest components of this expense have been increased staffing, additional premises and equipment expense, and additional data processing expense.

"At the midpoint of 2020, revenue is running ahead of budget largely due to historically low mortgage rates, which are a direct by-product of the Fed's 150 basis point reduction to the federal funds rate in response to COVID-19's impact on the US," commented President and CEO, Jamie Shinabarger. This exceptionally strong sold mortgage loan revenue is on pace to double Springs Valley's best year of production (which occurred in 2019) by year-end 2020. Shinabarger went on to tout Springs Valley's "best in class" mortgage experience, "when you combine the aggressive pricing stance that SEVP and CLO, Craig Buse, adopted early in the year, which drove demand through the roof, with the superior execution by Springs Valley's Mortgage Loan Officers (MLO's) and Loan Support Staff (LSS), who were supported by others in the bank who were re-deployed during the shelter-in-place period, the results speak for themselves. When coupling this elevated revenue with a tremendous reduction in Springs Valley's cost of funds on the expense side of the income statement, you get the mid-year performance results reported here." Management and the Board remain intently focused on the increased stress in the loan portfolio and want to be clear that these operating results are after provisioning at a substantially higher rate, since the first of the year, in anticipation of challenges that may occur in certain sectors of the loan portfolio if the COVID-19 pandemic turn out to be a sustained event beyond the next 6 months.

SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of $0.26 per share of the Corporation's common stock. The quarterly dividend is payable on or about October 15, 2020 to shareholders of record as of the close of business on September 15, 2020. The dividend declared is a 4.00% annualized increase over the total dividend declared for the 2019 fiscal year.

For more information contact: Ryan Heim, Treasurer & CFO, SVB&T Corporation, at 812.634.4889 or rheim@svbt.com.

SVB&T Corporation is headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Its subsidiary, Springs Valley Bank & Trust Company, has locations in Dubois, Daviess, Gibson, and Orange Counties, offering full-service bank and financial services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications, and a variety of other loan options. In addition, the company has a full-service financial advisory group managed by experienced, talented professionals specializing in estate planning, tax planning, and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. More information can be found online at www.svbt.bank. The company's stock is traded on the OTCQX trading platform under ticker symbol SVBT (www.otcmarkets.com).

Information conveyed in this press release regarding SVB&T Corporation's and its subsidiaries' anticipated future performance is forward-looking and therefore involves risks and uncertainties that could cause the results or developments to differ significantly from those indicated in these statements. These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in general and local banking, as well as mortgage conditions, competitive factors specific to markets in which the company and its subsidiaries operate, future interest rate levels, changes in local real estate markets, legislative and regulatory decisions, capital market conditions, and/or other factors.

Springs Valley Bank & Trust is a member of FDIC and is an Equal Housing Lender.
 

Selected Consolidated Financial Data of SVB&T Corporation
(In Thousands, Except Shares Outstanding and Per Share Data)

 
Unaudited
 
 
Audited
 

 
30-Jun
 
 
31-Dec
 

 
2020
 
 
2019
 
 
2019
 

Assets

Cash and Due From Banks

 
$
18,395
 
 
$
10,312
 
 
$
10,535
 

Interest Bearing Time Deposits

 
 
1,200
 
 
 
1,175
 
 
 
1,200
 

Fed Funds Sold

 
 
6,446
 
 
 
6,070
 
 
 
10,745
 

Available for Sale Securities

 
 
59,192
 
 
 
61,230
 
 
 
57,820
 

Other Investments

 
 
2,738
 
 
 
2,214
 
 
 
2,567
 

Loans held for sale

 
 
2,784
 
 
 
670
 
 
 
156
 

Loans net of allowance for loan losses

 
 
378,588
 
 
 
338,694
 
 
 
345,822
 

Premises and Equipment

 
 
6,408
 
 
 
5,471
 
 
 
6,636
 

Bank-owned Life Insurance

 
 
8,913
 
 
 
8,137
 
 
 
8,820
 

Accrued Interest Receivable

 
 
2,540
 
 
 
2,358
 
 
 
2,413
 

Foreclosed Assets Held for Sale

 
 
1,374
 
 
 
133
 
 
 
129
 

Other Assets

 
 
6,241
 
 
 
4,526
 
 
 
6,007
 

Total Assets

 
 
494,819
 
 
 
440,990
 
 
 
452,850
 

Liabilities and Stockholders Equity

Non-interest bearing deposits

 
 
76,860
 
 
 
52,045
 
 
 
51,344
 

Interest bearing deposits

 
 
303,588
 
 
 
287,068
 
 
 
309,846
 

Borrowed Funds

 
 
55,038
 
 
 
48,988
 
 
 
34,764
 

Subordinated Debentures

 
 
5,000
 
 
 
5,000
 
 
 
5,000
 

Accrued interest payable and other liabilities

 
 
5,585
 
 
 
4,150
 
 
 
6,029
 

Total Liabilities

 
 
446,071
 
 
 
397,251
 
 
 
406,983
 

Stockholders' equity – substantially restricted

 
 
48,748
 
 
 
43,739
 
 
 
45,867
 

Total Liabilities and Shareholders' Equity

 
 
494,819
 
 
 
440,990
 
 
 
452,850
 

 
Three Months Ended
 
 
Six Months Ended
 

 
30-Jun
 
 
30-Jun
 

 
2020
 
 
2019
 
 
2020
 
 
2019
 

Operating Data:

Interest & Dividend Income

 
$
5,030
 
 
$
4,873
 
 
$
9,910
 
 
$
9,389
 

Interest Expense

 
 
998
 
 
 
1,373
 
 
 
2,286
 
 
 
2,586
 

Net Interest Income

 
$
4,032
 
 
$
3,500
 
 
$
7,624
 
 
$
6,803
 

Provision for Loan Loss

 
 
601
 
 
 
257
 
 
 
893
 
 
 
492
 

Net Interest Income after Provision for Loan Losses

 
$
3,431
 
 
$
3,243
 
 
$
6,731
 
 
$
6,311
 

Fiduciary activitities

 
 
693
 
 
 
697
 
 
 
1,476
 
 
 
1,370
 

Customer service fees

 
 
111
 
 
 
176
 
 
 
290
 
 
 
339
 

Increase in cash surender value of life insurance

 
 
45
 
 
 
43
 
 
 
92
 
 
 
86
 

Other income

 
 
1,070
 
 
 
318
 
 
 
1,582
 
 
 
708
 

Total noninterest income

 
 
1,919
 
 
 
1,234
 
 
 
3,440
 
 
 
2,503
 

Salary & employee benefits

 
 
2,167
 
 
 
1,964
 
 
 
4,366
 
 
 
4,017
 

Occupancy

 
 
506
 
 
 
393
 
 
 
991
 
 
 
817
 

Data processing

 
 
407
 
 
 
287
 
 
 
807
 
 
 
681
 

Deposit insurance premium

 
 
25
 
 
 
37
 
 
 
61
 
 
 
66
 

Professional fees

 
 
200
 
 
 
207
 
 
 
402
 
 
 
410
 

Other expenses

 
 
436
 
 
 
454
 
 
 
1,033
 
 
 
928
 

Total noninterest expense

 
 
3,741
 
 
 
3,342
 
 
 
7,660
 
 
 
6,919
 

Income before Income Taxes

 
 
1,609
 
 
 
1,135
 
 
 
2,511
 
 
 
1,895
 

Income Tax Expense

 
 
235
 
 
 
144
 
 
 
321
 
 
 
221
 

Net Income

 
$
1,374
 
 
$
991
 
 
$
2,190
 
 
$
1,674
 

Shares Outstanding

 
 
559,136
 
 
 
559,136
 
 
 
559,136
 
 
 
559,136
 

Average Shares – Basic

 
 
559,136
 
 
 
559,136
 
 
 
559,136
 
 
 
559,136
 

Average Shares – Diluted

 
 
559,136
 
 
 
559,136
 
 
 
559,136
 
 
 
559,136
 

Basic Earnings per Share

 
$
2.46
 
 
$
1.77
 
 
$
3.92
 
 
$
2.99
 

Diluted Earnings per Share

 
$
2.46
 
 
$
1.77
 
 
$
3.92
 
 
$
2.99
 

Other Data:

Yield on all Interest-earning Average Assets

 
 
4.43
%
 
 
4.81
%
 
 
4.50
%
 
 
4.75
%

Cost on all Interest-earning Average Assets

 
 
0.88
%
 
 
1.35
%
 
 
1.04
%
 
 
1.31
%

Interest Rate Spread

 
 
3.55
%
 
 
3.46
%
 
 
3.46
%
 
 
3.44
%

Net Interest Margin

 
 
3.55
%
 
 
3.45
%
 
 
3.46
%
 
 
3.44
%

Number of Full Service Banking Centers

 
 
6
 
 
 
4
 
 
 
6
 
 
 
4
 

Return on Average Assets (net income divided by average total assets)

 
 
1.14
%
 
 
0.93
%
 
 
0.94
%
 
 
0.80
%

Average Assets

 
$
481,986
 
 
$
427,281
 
 
$
467,506
 
 
$
417,262
 

Return on Average Equity (net income divided by average total equity)

 
 
11.71
%
 
 
9.38
%
 
 
9.39
%
 
 
8.05
%

Average Equity

 
$
46,915
 
 
$
42,243
 
 
$
46,651
 
 
$
41,583
 

Equity to Assets Ratio (EOP)

 
 
9.85
%
 
 
9.92
%
 
 
9.85
%
 
 
9.92
%

Book Value per Share

 
$
87.18
 
 
$
78.23
 
 
$
87.18
 
 
$
78.23
 

Market Value per Share – End of Period Close

 
$
64.00
 
 
$
80.73
 
 
$
64.00
 
 
$
80.73
 

SOURCE: SVB&T Corporation

ReleaseID: 599884

NAUGATUCK, CT / ACCESSWIRE / July 31, 2020 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September 15, 2020, to common shareholders of record as of August 14, 2020. This dividend represents the Company's 320th consecutive quarterly dividend.

About the Company

The Eastern Company is a 162 year old company which manages industrial businesses that design, manufacture and sell unique engineered solutions to niche markets, focusing on industries that offer long-term macroeconomic growth opportunities. The Company operates in three business segments – Industrial Hardware, Security Products and Metal Products – from 20 locations in the U.S., Canada, Mexico, U.K., Taiwan and China.

Safe Harbor for Forward-Looking Statements

Statements in this document about our future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the rules, regulations and releases of the Securities and Exchange Commission. Any statements that are not statements of historical fact, including statements containing the words "believes," "intends," "continues," "reflects," "plans," "anticipates," "expects," and similar expressions, should also be considered to be forward-looking statements. Readers should not place undue reliance on these forward-looking statements, which are based upon management's current beliefs and expectations. These forward-looking statements are subject to risks and uncertainties, and actual results might differ materially from those discussed in, or implied by, the forward-looking statements. Among the risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements include, but are not limited to changing customer preferences, lack of success of new products, loss of customers, cybersecurity breaches, changes in competition in our markets, and increased prices for raw materials resulting from tariffs on imported goods or otherwise. There are important, additional factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including those set forth in our reports and filings with the Securities and Exchange Commission. We undertake no obligation to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise.

The Eastern Company

August Vlak or John L. Sullivan III, 203-729-2255

SOURCE: The Eastern Company

ReleaseID: 599785

SKOKIE, IL / ACCESSWIRE / July 31, 2020 / Syed Rahman, owner of Modern Wall Art creates pieces inspired by a modern form of Islamic Art that resonates with all kinds of personalities. He is an artist that has been designing Islamic 3D décor and stainless steel art for over 15 years for both national and international customers.

He opened his first gallery in 2018 and it has been recognized as America's first Islamic Art Gallery. His artwork is also currently being displayed at the Chicago History Museum, making it the first time Islamic Art has been exhibited in a museum in Chicago. He also helps the less fortunate with a variety of different charity campaigns like helping the poor and elderly stock up their households with groceries, necessities, and medication during this COVID-19 period. He also works with other businesses and artists to bring them more exposure and success.

His art is unique because it is handmade and customizable. They create custom designs from scratch for their clients and work with them one-on-one until their customers are satisfied and their dream piece has been brought to life. Even after opening a physical store, most of his orders are made online and the products are shipped globally.

What makes him unique is that he is doing what he loves and not for the money and when he gets the chance he tries to help people. He is very humble about his business and the work he does.

Details about Syed Rahman can be found on https://modernwallarts.com/. He can be reached via phone on +1 (224) 522-3297. Emails inquiries can be sent to sales@modernwallarts.com. 

Contact Name: Syed Rahman
Organization/Business Name: Modern Wall Art
Address: 3552 Dempster St. Skokie IL 60076
Email: sales@modernwallarts.com
Phone: +1 (224) 522-3297
Website: https://modernwallarts.com/

SOURCE: Modern Wall Art

ReleaseID: 599865

Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com

SAN DIEGO, CA / ACCESSWIRE / July 31, 2020 / GreenBox POS (OTCQB:GRBX) ("GreenBox", the "Company"), an emerging financial technology company leveraging blockchain security to build customized payment solutions, today announced that Ben Errez, Executive Vice President and Chairmen, will present live at VirtualInvestorConferences.com on August 6th.

DATE: Thursday, August 6th

TIME: 4:00 PM ET

LINK: https://www.virtualinvestorconferences.com/events/event-details/otcqb-venture-company-virtual-investor-conference

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. A recording will be made available on-demand for those who are unable to attend the live event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Recent Company Highlights

6/30/20 GreenBox POS Releases Next Generation Payment Technology
6/22/20 GreenBox POS Completed Uplisting to OTCQB
5/8 GreenBox POS Adds Crypto and FOREX capabilities
5/6 GreenBox POS Expands International Reach with SEPA payments

About GreenBox POS
GreenBox POS (OTCQB:GRBX) is an emerging financial technology company leveraging blockchain security to build customized payment solutions. The Company's applications enable an end-to-end suite of turnkey financial products, reducing fraud and improving the efficiency of handling large-scale commercial processing volumes for its merchant clients globally. For more information, please visit the Company's website at www.greenboxpos.com.

About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

Investor Relations Contact
Mark Schwalenberg
MZ Group – MZ North America
312-261-6430
GRBX@mzgroup.us
www.mzgroup.us

Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

SOURCE: GreenBox POS, LLC

ReleaseID: 599730

TORONTO, ON / ACCESSWIRE / July 31, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) ("Kontrol" or "Company") is pleased to announce the launch of a 12-month digital and social media campaign through AGORACOM for the purposes of sharing content to engage with current and potential new shareholders.

Engagement Through the AGORACOM Digital Network

The Kontrol HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 12 months will be live on July 31 and can be found at https://agoracom.com/ir/KontrolEnergy

The Kontrol HUB will receive exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network.

Moderated Discussion for Management and Shareholders

The Company has also launched a Discussion Forum on AGORACOM to serve as the Company's primary social media platform to interact with both current and prospective shareholders in a fully moderated environment.

The Kontrol discussion forum can be found at: https://agoracom.com/ir/KontrolEnergy/forums/discussion

Paul Ghezzi, Chief Executive Officer stated, "We look forward to sharing our exciting growth story and engaging on the AGORACOM platform."

George Tsiolis, AGORACOM Founder stated, "AGORACOM's thesis is that this decade will see more disruption from small cap technology companies than the last two decades combined. Kontrol Energy is combining IoT, Cloud Computing and SaaS technology to reduce energy usage and greenhouse gas emissions. AGORACOM is proud to take the Kontrol Energy message to the market. In 2019, AGORACOM surpassed 600 million page views over 10 years and is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019."

Shares for Services

AGORACOM will receive shares for service under the follow terms for the period of June 2020 to June 2021.

$12,000 Shares for Services upon Commencement for initial set up of HUB, marketing materials and search engine programs.
$12,000 Shares for Services at end of Third Month September 18, 2020
$12,000 Shares for Services at end of Sixth Month December 18, 2020
$12,000 Shares for Services at end of Ninth Month March 18, 2021
$12,000 Shares for Services at end of Twelfth Month June 30, 2021

The deemed price of the securities to be issued will be determined after the date services are provided in each period and are to be calculated using the closing price on each date above.

About AGORACOM

AGORACOM is the pioneer of online marketing, broadcasting, conferences, and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy is one of Canada's fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean's.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com.

For further information, contact:

Paul Ghezzi, Chief Executive Officer
paul@kontrolenergy.com or admin@kontrolenergy.com
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding possible future acquisitions, organic growth, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. The global outbreak of COVID-19 (coronavirus) has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial, and municipal governments regarding travel, business operations and isolation/quarantine orders. At this time, the extent of the impact of COVID-19 on the Company is unknown as this will depend on future developments that are highly uncertain and that cannot be predicted with confidence. These uncertainties arise from the inability to predict the ultimate geographic spread of the disease, and the duration of the outbreak, including the duration of travel restrictions, business closures or disruptions, and quarantine/isolation measures that are currently, or may be put, in place by Canada and other countries to fight the virus. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company's product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE: Kontrol Energy Corp.

ReleaseID: 599715

NEW YORK, NY / ACCESSWIRE / July 31, 2020 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Second Quarter 2020 results before the market opens on Thursday, August 6, 2020. A news release will be available in both the News and Investor Relations sections of the Innodata website, www.innodata.com.

Innodata has scheduled an investor conference call for 11:00 AM eastern time on that same day.

The call-in numbers for the conference call are:

1-866-548-4713 (Domestic)
1-323-794-2093 (International)

1-888-203-1112 (Domestic Replay)
1-719-457-0820 (International Replay)

Pass code on both: 1289077

Investors are also invited to access a live Webcast of the conference call at the Investor Relations section of www.innodata.com. Please note that the Webcast feature will be in listen-only mode.

Call-in or Webcast replay will be available for 30 days following the conference call.

About Innodata

Innodata (NASDAQ: INOD) is a leading data engineering company. Prestigious companies across the globe turn to Innodata for help with their biggest data challenges. By combining advanced machine learning and artificial intelligence (ML/AI) technologies, a global workforce of over 3,000 subject matter experts, and a high-security infrastructure, we're helping usher in the promise of digital data and ubiquitous AI.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Words such as "project," "believe," "expect," "can," "continue," "could," "intend," "may," "should," "will," "anticipate," "indicate," "forecast," "predict," "likely," "goals," "optimistic," "estimate," "plan," "potential," or the negatives thereof and other similar expressions generally identify forward-looking statements, which speak only as of the date hereof.

These forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to a number of risks and uncertainties, including without limitation, the expected or potential effect of the novel coronavirus (COVID-19) pandemic and the responses of governments, the general global population, our customers, and the Company thereto; that contracts may be terminated by clients; projected or committed volumes of work may not materialize; continuing Digital Data Solutions segment reliance on project-based work and the primarily at-will nature of such contracts and the ability of these clients to reduce, delay or cancel projects; the likelihood of continued development of the markets, particularly new and emerging markets, that our services support; continuing Digital Data Solutions segment revenue concentration in a limited number of clients; potential inability to replace projects that are completed, canceled or reduced; our dependency on content providers in our Agility segment; difficulty in integrating and deriving synergies from acquisitions, joint venture and strategic investments; potential undiscovered liabilities of companies and businesses that we may acquire; potential impairment of the carrying value of goodwill and other acquired intangible assets of companies and businesses that we acquire; changes in our business or growth strategy; a continued downturn in or depressed market conditions, whether as a result of the COVID-19 pandemic or otherwise; changes in external market factors; the ability and willingness of our clients and prospective clients to execute business plans that give rise to requirements for our services; changes in our business or growth strategy; the emergence of new or growing competitors; various other competitive and technological factors; our use of and reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that result in the unauthorized disclosure of consumer, client, employee or Company information, or service interruptions; and other risks and uncertainties indicated from time to time in our periodic filings with the Securities and Exchange Commission.

Our actual results could differ materially from the results referred to in forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, uncertainty around COVID-19 pandemic and the effects of the global response thereto and the risks discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations, and other parts of our Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 16, 2020, or as updated and amended by our other periodic filings with the Securities and Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements will occur, and you should not place undue reliance on these forward-looking statements. We undertake no obligation to update or review any guidance or other forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by the Federal securities laws.

Company Contact
Suzanne Srsich
Innodata Inc.
ssrsich@innodata.com
(201) 371-8033

SOURCE: Innodata Inc.

ReleaseID: 599683