AUSTIN, TX / ACCESSWIRE / July 30, 2020 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 30, 2020 before the market opens on Thursday August 6, 2020. Following the earnings release, members of the senior management team, including Bruce Thames, President and Chief Executive Officer and Jay Peterson, Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407-5976 from within the United States/Canada and (412) 902-0031 from outside of the United States/Canada.

Click here for direct access to the Investor Relations calendar and details for the upcoming webcast. A replay will be available on Thermon's investor relations website after the conclusion of the call.

About Thermon

Through its global network, Thermon provides safe, reliable and mission critical industrial process heating solutions. Thermon specializes in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. Thermon is headquartered in Austin, Texas. For more information, please visit www.thermon.com.

CONTACT:

Kevin Fox
(512) 690-0600
Investor.Relations@thermon.com

SOURCE: Thermon Group Holdings, Inc.

ReleaseID: 599594

VANCOUVER, WA / ACCESSWIRE / July 30, 2020 / Adaptive Ad Systems, Inc. (OTC PINK:AATV), today provides an update of the state of the cable advertising sector relevant to its impact on Adaptive's expected performance. Adaptive provides Dynamic Digital Ad Insertion (DDAI) via its streaming media hardware and proprietary processing software for all U.S. cable TV markets.

Despite occasional news stories about continued TV "cord-cutting," the latest statistics provided by Yahoo Cable Network News demonstrates a significant increase in viewership for cable TV news networks from Fox News to CNN. Supported by millions of Americans across the country remaining at home, viewers handed all three major cable news networks big ratings rewards in the second quarter of 2020. According to Nielsen Media Research, Fox News secured 1.95 million total average viewers per day in Q2. MSNBC was in second place with 1.21 million and CNN brought in 1.19 million. All three cable networks had their highest-rated quarters in history.

These improvements were dominated by the advertiser-coveted news demographic of 25 to 54, with big increases for Fox News with an average of 366,000 total-day demo viewers. CNN increased it viewership most significantly with 335,000 average total-day demo viewers, which was an increase of 150% over Q2 2019. MSNBC's total-day demo viewers averaged 193,000. CNN was also number one in the demo during dayside for the first time in cable news in 19 years.

Revenue generated by cable providers consistently increased between 2010 and 2017, and was $85.5 Billion in 2018, with most of the revenue ($55.08 Billion) created through advertising.

Though "cord cutting" is generally expected to continue on traditional cable TV platforms, industry revenues from 2011 to 2020 have only decreased slightly, with projected revenues expected to reach $82 Billion in 2020. Adaptive Ad Systems has already solidly positioned itself in a high-value market sector of the cable TV market that has been historically less impacted by cord cutting. Furthermore, Adaptive is developing products and services that will broaden the Company's presence within the television industry. The Company believes this will balance general trends in major markets and continue to increase Adaptive revenue.

CEO J. Michael Heil states: "As we reported in our last release, beginning in May, advertisers began to test strategic media buys to evaluate the impact of advertising while "shelter in place" rules and guidelines were active. In June, our revenue growth accelerated again, reflecting the advertisers' regained confidence in regional ad spending as consumers showed resilience and parts of the country began to re-open to one degree or another. The increasing cable viewer time, as reported by the Yahoo Cable Network News, increases our advertisement value. Accordingly, we currently anticipate at least a 20 percent increase in third quarter 2020 revenue over the same period in 2019."

With Adaptive's proprietary technology and software, the Company is well-positioned to take advantage of the ratings and viewer increases for the cable TV networks with its digital ad insertion network. After having established itself solidly in the Tier 2 and Tier 3 markets, the Company has now expanded its services into Tier 1 markets, currently serving over 75 designated market areas in over 40 States across the U.S.

ABOUT ADAPTIVE
Adaptive Ad Systems Inc. is a digital media and video communications company that, together with its subsidiaries and manufactures, develops and deploys Dynamic Digital Ad Insertion (DDAI) and video streaming media hardware and proprietary processing software for the Cable TV, Satellite and IPTV markets. The Company initially targeted the often-over-looked 2nd and 3rd tier US markets and now additionally serves many Tier 1 markets. Adaptive exclusively sells all available advertising space in each market it has contracted, while maintaining complete technology ownership. Currently, the Company's technology and business model allows it to dynamically serve over 75 designated marketing areas in over 40 states. Adaptive also provides broadband and cable TV services in some niche major markets. For additional information, please visit: www.aatv.co.

FORWARD-LOOKING STATEMENTS
Any statements contained in this press release that do not describe historical facts constitute forward-looking statements. Forward-looking statements may include, without limitation, financial projections, statements regarding the plans and objectives of management for current and future operations, the development, regulatory approvals and commercialization of the Company's products, or any of the Company's proposed services, systems, services, licensing arrangements, joint ventures, partnerships or acquisitions. Such forward-looking statements are not meant to predict or guarantee actual results and performance and actual events or results may differ considerably. Factors that may cause actual results to differ materially from any projections may include, without limitation, delays in the Company's development of its products and services, the inability to obtain additional financing, the impact of significant new or changing government regulation on the industry, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company's general failure to effectively implement the Company's business plans or strategies. The Company assumes no obligation to update any forward-looking statements to reflect any change in events or circumstances that may arise after the date of this release.

Adaptive Ad Systems, Inc.
4400 NE 77th Avenue Suite 275
Vancouver, Washington 98662
310-321-4958
info@aatv.co
www.aatv.co

StockWatchIndex
San Diego, California
442-287-8059
info@stockwatchindex.com
www.stockwatchindex.com
www.swiresearch.com

SOURCE: Adaptive Ad Systems, Inc.

ReleaseID: 599547

Financial Highlights

Strong operating cash flow of $1.8 billion, up 76% versus prior year
Operating profit margin flat versus prior year; adjusted operating profit margin up 230 basis points
EPS of $0.87, down 7% versus prior year; adjusted EPS of $1.90, up 4%
Full-year 2020 adjusted EPS guidance of $7.60 – $7.80, up 7% to 9% year-over-year, ex-FX*

GUILFORD, UK / ACCESSWIRE / July 30, 2020 / Linde plc (NYSE:LIN; FWB:LIN) today reported second-quarter 2020 income from continuing operations of $458 million and diluted earnings per share of $0.87. Excluding Linde AG purchase accounting impacts and other charges, adjusted income from continuing operations was $1,005 million, up 1% versus prior year and flat sequentially. Adjusted earnings per share were $1.90, 4% above prior year, or 8% higher when excluding negative currency translation effects. Sequentially, adjusted earnings per share increased 1%, or 3% when excluding negative currency translation effects.

Linde's sales for the second quarter were $6,377 million, 5% below prior year excluding negative currency translation, cost pass-through and divestitures. Price improved 2% and was attained across all geographic segments. Volume decreased 7% as growth from project start-ups and engineering was more than offset by the global macroeconomic slowdown as a result of the COVID-19 pandemic.

Second-quarter operating profit was $591 million. Adjusted operating profit of $1,317 million was flat versus prior year, or 4% higher, when excluding unfavorable currency translation effects. Adjusted operating margin of 20.7% expanded 230 basis points versus prior year primarily due to price and cost actions underpinned by stable fixed payment revenues.

Second-quarter operating cash flow of $1,764 million increased $759 million or 76% over prior yearprimarily driven by higher cash earnings, lower merger-related cost and improved working capital. During the quarter, the company invested $783 million in capital expenditures and returned $506 million to shareholders through dividends.

Commenting on the financial results, Chief Executive Officer Steve Angel said, "I'm proud of how the Linde team came together to safely and reliably serve our customers and deliver high-quality financial results. Despite volume reductions from the pandemic, EPS excluding currency increased 8%, operating margin expanded 230 basis points and operating cash flow grew 76% from prior-year levels. These results demonstrate the resiliency of our integrated industrial gas supply model."

Angel continued, "Looking ahead, the full effects of COVID-19 and the rate of recovery are uncertain. However, the growth opportunities for Linde remain strong from our high-quality project backlog, defensive end markets and leading infrastructure and technology in support of the secular trend in clean energy. Our resilient business model combined with our ability to continuously optimize business performance, while capitalizing on short and long-term growth opportunities, gives me the confidence that Linde can grow earnings in any environment."

For the third quarter of 2020, Linde expects adjusted diluted earnings per share in the range of $1.90 to $1.95. This guidance assumes a negative currency impact of approximately 3% versus the prior-year quarter based on projected exchange rates.

For the full year, the company expects adjusted diluted earnings per share to be in the range of $7.60 to $7.80, up 4% to 6% versus prior year, or 7% to 9% excluding currency headwinds. Full-year capital expenditures are expected to between $3.0 billion to $3.4 billion to support maintenance and growth requirements including the $3.6 billion contractual sale of gas project backlog.

Second-Quarter 2020 Results by Segment
Americas sales of $2,417 million were 13% below prior-year quarter as 2% higher pricing was more than offset by 9% volume decline led mainly by manufacturing and metals end markets. Furthermore, currency was unfavorable by 4% and cost pass-through was down 1%. Operating profit of $622 million was 25.7% of sales, up 250 basis points versus prior year.

APAC (Asia Pacific) sales of $1,295 million were 13% below prior year. Price increased 1% versus prior year but was more than offset by negative 9% volumes driven by lower demand in the manufacturing end market and a prior-year sale of equipment. Additionally, currency was unfavorable by 4% and cost pass-through was down 1%. Operating profit of $294 million was 22.7% of sales, up 230 basis points versus prior year.

EMEA (Europe, Middle East & Africa) sales of $1,448 million were down 13% versus prior year as 1% higher pricing was more than offset by negative 7% volumes primarily due to lower demand in the manufacturing and metals end market. Currency was unfavorable by 5% and cost pass through was down 1%. Operating profit of $303 million was 20.9% of sales, up 110 basis points versus prior year.

Linde Engineering sales were $810 million and operating profit was $138 million or 17% of sales. Operating profit grew 39% versus prior year due primarily to strong project execution and productivity initiatives.

Earnings Call
A teleconference on Linde's second-quarter 2020 results is being held today at 10:00 am EDT.

Live conference call
US Toll-Free Dial-In Number: 1 855 758 5442
Germany Toll-Free Dial-In Number: 0800 181 5287
UK Toll-Free Dial-In Number: 0800 028 8438
Access code: 5368349

Live webcast (listen-only) & on-demand
https://investors.linde.com/events-presentations
Short URL: https://t1p.de/i2ho

Materials to be used in the teleconference are also available on the website.

About Linde
Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com

See the attachments (Earnings release tables: https://eqs-cockpit.com/c/fncls.ssp?u=4cb147174c9402ec0c86c3f53613b793) for a summary of non-GAAP reconciliations and calculations for adjusted amounts.

Attachments: Summary Non-GAAP Reconciliations, Statements of Income, Balance Sheets, Statements of Cash Flows, Segment Information and Appendix: Non-GAAP Measures and Reconciliations.

*Note: We are providing adjusted earnings per share ("EPS") guidance for 2020. This is a non-GAAP financial measure that represents diluted earnings per share from continuing operations (a GAAP measure) but excludes the impact of certain items that we believe are not representative of our underlying business performance, such as cost reduction and other charges, the impact of potential divestitures or other potentially significant items. Given the uncertainty of timing and magnitude of such items, we cannot provide a reconciliation of the differences between the non-GAAP adjusted EPS guidance and the corresponding GAAP EPS measure without unreasonable effort.

Forward-looking Statements
This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified by terms and phrases such as: anticipate, believe, intend, estimate, expect, continue, should, could, may, plan, project, predict, will, potential, forecast, and similar expressions. They are based on management's reasonable expectations and assumptions as of the date the statements are made but involve risks and uncertainties. These risks and uncertainties include, without limitation: the performance of stock markets generally; developments in worldwide and national economies and other international events and circumstances, including trade conflicts and tariffs; changes in foreign currencies and in interest rates; the cost and availability of electric power, natural gas and other raw materials; the ability to achieve price increases to offset cost increases; catastrophic events including natural disasters, epidemics, pandemics such as COVID-19 and acts of war and terrorism; the ability to attract, hire, and retain qualified personnel; the impact of changes in financial accounting standards; the impact of changes in pension plan liabilities; the impact of tax, environmental, healthcare and other legislation and government regulation in jurisdictions in which the company operates; the cost and outcomes of investigations, litigation and regulatory proceedings; the impact of potential unusual or non-recurring items; continued timely development and market acceptance of new products and applications; the impact of competitive products and pricing; future financial and operating performance of major customers and industries served; the impact of information technology system failures, network disruptions and breaches in data security; and the effectiveness and speed of integrating new acquisitions into the business. These risks and uncertainties may cause actual future results or circumstances to differ materially from accounting principles generally accepted in the United States of America, International Financial Reporting Standards or adjusted projections, estimates or other forward-looking statements.

Linde plc assumes no obligation to update or provide revisions to any forward-looking statement in response to changing circumstances. The above listed risks and uncertainties are further described in Item 1A. Risk Factors in Linde plc's Form 10-K for the fiscal year ended December 31, 2019 filed with the SEC on March 2, 2020 and in Item 1A. of Linde plc's Form 10-Q for the period ending March 31, 2020 filed with the SEC on May 7, 2020, which should be reviewed carefully. Please consider Linde plc's forward-looking statements in light of those risks.

Additional features:

File: Q2 2020 Earnings Tables

SOURCE: Linde plc

ReleaseID: 599608

NIAGARA FALLS, ON / ACCESSWIRE / July 30, 2020 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT") is very pleased to provide an update on initiatives with its Puerto Rico JV partner, Brieke Family Assets Ltd ("BFA"), and their jointly-owned subsidiary, Cat5 Solar and Microgrids LLC (the "JV")

The JV is now positioned with the new Brevet Puerto Rico credit line in place to firm up orders from contractors that the JV has been in negotiating with over the last months. It will also allow the JV to ramp up its sales force to maximize its product sales to as many of the 40,000 homes that are in the first allocation released as reasonably practicable.

Malcolm Wright, a director of BFA, said "the JV will market and sell all our Cat5 products to contractors in Puerto Rico; here are the products we will offer:".

Cat5 Blocks, a patented block design, will be produced by Rosa Block in Rio Grande, Puerto Rico. The system can be engineered to withstand in excess of 200 mph winds and seismic activity. It can be constructed in half the time of a normal concrete masonry unit (CMU) requiring only 10% skilled labor, which is scarce in Puerto Rico, meaning 90% unskilled labor can be pooled and utilized from the local community. The system provides insulation of R30+, making it very desirable for the local climate. The electrical and plumbing is pulled through the courses of the block as it is layed during construction reducing time for the skilled trades.

Cat5 Structural Insulated Panels (SIPs) to be used as internal walls consisting of an insulating foam core placed between two structural facings; typically, oriented strand board (OSB) is used. The Cat5 SIP uses Enertec skin and/or Enertec skin and cement board. The panels will be manufactured in Villalba, Puerto Rico under factory-controlled conditions and can be fabricated to fit most building designs. Manufactured and finished in the factory, the conduit for electrical and plumbing are completed rapidly.

Cat5 roof SIPS are designed to lay over galvanized steel trusses which are attached to the top two courses of the Cat5 walls. The galvanized trusses have a built in pitch via the positioning of the top chords so water will easily run off the roof.

Cat5 Solar are designed to withstand sustained wind speeds up to 250 mph. The panels also will be manufactured in Villalba in the same facility as the SIPs. Using N cell technology, they produce up to 400 watts of power; should a projectile damage a specific part of the panel, it will only render that small section of the cell it hits useless, opposed to traditional panels that would no longer work in their entirety. Mounted on the EPS foam and Enertec skin provides additional insulation and weighs significantly less than traditional glass panels. Each panel can be laid flat on the roof.

Cat5 products are ideal for any buildings up to 8 stories, especially in at risk high wind and seismic areas of the world. Cat5 will offer Island contractors 90 days interest free credit subject to the use of Cat5 products and an assignment of the relevant portion of the government debt owed on the completion of the project. The use of Cat5 products will provide the contractor with higher profit margin, faster build time, labor cost savings, built to CAT5 specifications, resulting in more resilient and sustainable homes.

John Gamble, CEO of EHT, stated "This long awaited venture is now about to come to fruition and the timing of the new $100M credit line is perfect as it enables us to roll out the Cat5 product line for the recently-released R3 and other government building and renewable energy programs that will likely last for the next decade"

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. EHT's expertise includes the development of its ENERTEC module structures with full integration of smart energy solutions. Using a proprietary skin and foam core that is stronger than traditional wood or steel structural insulated panels, EHT provides exceptional thermal energy efficiency in modular homes, cold storage facilities, residential/commercial out buildings and emergency/temporary shelters. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. In addition to traditional support to established electrical networks, ENERTEC buildings excel where no electrical grid exists.

About ENERTEC

The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.

At the core of the ENERTEC product line is the ENERTEC Embedded Solar Roof Module. Solar cells can be embedded in a proprietary fireproof skin resulting in substantial cost savings by eliminating heavy glass panels and aluminum racking required for traditional solar panels. Two barriers to greater adoption of solar energy are weight limitations of the roof on which solar panels could be deployed and onerous shipping and labour costs. A lighter product at a better price point will open a larger market for solar due to the faster return of capital investment especially for rural and remote users looking to go off-grid. Furthermore, the entire EHT embedded solar roof becomes a massive solar panel capable of producing significantly more energy than the home requires, allowing the structure to then become an important source of power for the local micro grid or large battery storage systems.

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

The statements herein that are not historical facts are forward‐looking statements. Forward-looking information relating to sales of the products (the "Opportunities") involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT

John Gamble
Director
(289) 488-1699
jgamble@ehthybrid.com
info@ehthybrid.com
Website: www.ehthybrid.com

SOURCE:  EnerDynamic Hybrid Technologies Corp.

ReleaseID: 599584

IONIC BRANDS Audit update and Subsequent Quarterly filings

TACOMA, WA / ACCESSWIRE / July 30, 2020 / IONIC BRANDS CORP. (CSE:IONC)(OTC PINK:IONKF)(FRA:1B3) ("IONIC BRANDS" or the "Company") is pleased to provide an update to shareholders regarding its current financial filing status for the year ended December 31, 2019 audit, and corresponding Management's Discussion and Analysis.

On June 23, 2020, the Ontario Securities Commission issued a cease trade order to the Company for late filing of the company's annual and quarterly financial statements. The Company's former operating footprint on the West Coast and North West of the United States has left it particularly vulnerable to COVID-19 interruptions, as its officers and directors and auditors are spread out over Canada and the United States. These disruptions have caused inevitable financial information preparation delays. Ionic Brands, its management, auditor, and bookkeepers are currently working diligently to finalize these year-end filings. The Company expects to complete both the annual financials and the quarterly financials, along with corresponding management's discussion and analysis as well as certificates, on or about August 20, 2020. Once our filings are brought to current status, we will immediately file with the Ontario Securities Commission to lift the cease trade order.

Ionic Brands Chairman and CEO John P. Gorst commented that, "The Company and its Management are fully committed to completing the task of filing our year audit and subsequent quarterly filings. We look forward to moving past this and building value in our respective shares."

About IONIC BRANDS CORP.

The Company is focused on building a multi-state consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone Brand of the portfolio, IONIC, is the #1 vaporizer brand in Washington State and has aggressively expanded throughout the West Coast of the United States. The brand is currently operating in Washington, Nevada, Oregon and California. IONIC BRANDS' strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally.

On behalf of IONIC BRANDS CORP.

John Gorst
Chief Executive Officer & Chairman

For more information visit www.ionicbrands.com or contact:

John Gorst
investor.relations@ionicbrands.com
+1.253.248.7927

Are you an IONIC Shareholder? Stay better informed with current events and company news by joining our Investor Community Group at https://www.ionicbrands.com/investor-community

The CSE does not accept responsibility for the adequacy or accuracy of this release.

All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The risks are without limitations the price for cannabis and related products will remain consistent and the consumer demand remains strong; availability of financing to the Company to develop the retail locations; retention of key employees and management; changes in State and/or municipal regulations of retail operations and changes in government regulations generally. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission, the Ontario Securities Commission and the Alberta Securities Commission.

SOURCE: Ionic Brands Corp.

ReleaseID: 599521

FV Pharma to shut down operations within 30 days

TORONTO, ON / ACCESSWIRE / July 30, 2020 / FSD Pharma Inc. (NASDAQ:HUGE) (CSE:HUGE.CN) (FRA:0K9A) ("FSD Pharma" or the "Company") today announced that it has notified Health Canada of the Company's decision to forfeit the licenses of its wholly-owned subsidiary, FV Pharma, Inc. ("FV Pharma") and suspend all activities by FV Pharma within 30 days of the notification date. FSD Pharma has begun the process of liquidating all FV Pharma assets, including the sale of the Company's cannabis production facility in Cobourg, Ontario.

"It is now clear to us that our shareholder value is best served in closing down our medicinal grade cannabis operation in Cobourg, Ontario and reinforcing steps to advance pharmaceutical R&D efforts on our lead compound FSD201 (ultra-micronized PEA) and continuing to explore the acquisition of other compelling compounds to expand our drug development pipeline," said Raza Bokhari, MD, Executive Co-Chairman & CEO.

"Our pharmaceutical R&D team led by Dr. Edward Brennan is actively working to submit an Investigational New Drug Application (IND) to the FDA for the use of FSD201 (ultra-micronized PEA) to treat hospitalized COVID-19 patients by down-regulating the over-expressed pro-inflammatory cytokine immune response to SARS-CoV-2 virus infection. We are hopeful to initiate the phase 2 clinical trial before the end of this year and remain cautiously optimistic that our study may improve treatment outcome for COVID-19 patients."

The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus) at this time.

About FSD Pharma

FSD Pharma Inc. is a publicly-traded holding company, since May 2018.

FSD Pharma BioSciences, Inc., a wholly owned subsidiary, is a specialty biotech pharmaceutical R&D company focused on developing over time multiple applications of its lead compound FSD201, by down-regulating the cytokines to effectuate an anti-inflammatory response.

Forward-Looking Statements

Neither the Canadian Securities Exchange nor its regulation services provider accept responsibility for the adequacy or accuracy of this press release.

Certain statements contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "Forward-Looking Information"). Forward-Looking Information includes, but is not limited to, information with respect to FSD Pharma's strategy, plans or future financial or operating performance, receipt of any FDA approvals, the costs associated with such planned trials, FSD Pharma's ability to obtain required funding and the terms and timing thereof, and the development of any applications of FSD-201, by down-regulating the cytokines to effectuate an anti-inflammatory response, receipt of applicable Health Canada approvals and the associated timing, and the terms and timing of any potential sale of the Company's Cobourg facility and adjacent real estate.

The use of words such as "budget", "intend", "anticipate", "believe", "expect", "plan", "forecast", "future", "target", "project", "capacity", "could", "should", "focus", "proposed", "scheduled", "outlook", "potential", "estimate" and other similar words, and similar expressions and statements relating to matters that are not historical facts, or statements that certain events or conditions "may" or "will" occur, are intended to identify Forward-Looking Information and are based on FSD Pharma's current beliefs or assumptions as to the outcome and timing of such future events. Such beliefs or assumptions necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such Forward‐Looking Information. Certain of these risks and uncertainties are described in the Company's continuous disclosure filings available under the Company's SEDAR profile at www.sedar.com and under the Company's EDGAR profile at www.sec.gov. Forward‐Looking Information is not a guarantee of performance. The Forward-Looking Information contained in this press release is made as of the date hereof, and FSD Pharma 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 law. 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.

For further information:
Sandy Huard, Head of Communications, FSD Pharma, Inc.
sandy@fsdpharma.com
(647) 864-7969

Zeeshan Saeed, President, FSD Pharma, Inc.
zeeshan@fsdpharma.com

Investor Relations
IR@fsdpharma.com

SOURCE: FSD Pharma, Inc.

ReleaseID: 599466

SINGAPORE / ACCESSWIRE / July 30, 2020 / Jadestone Energy Inc. (AIM:JSE) ("Jadestone", or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, provides a trading and operations update for the six-month period ended June 30, 2020.

Highlights

Q2 2020 production of 12,566 bbls/d, a 7.7% increase on Q1 2020 production of 11,665 bbls/d. This equates to H1 2020 production of 12,116 bbls/d, versus 13,188 bbls/d for H1 2019;

On track to meet full year production guidance of 12,000-14,000 bbls/d.

Positive cash generation for both H1 2020 and Q2 2020, resulting in gross cash and bank balances of US$113.81 million as at June 30, 2020, and net cash of US$78.22 million. This represents an increase in net cash, quarter-on-quarter, of US$6.1 million, and a US$38.9 million increase versus December 31, 2019, after debt repayment;

Efficient management of capital, reducing planned 2020 capex by circa 80%;

Implemented 2020 cashflow savings initiatives totalling over US$22.0 million under Project Clover, the Group-wide cost efficiency and cashflow savings programme, with over US$10.0 million of additional opportunities being pursued;

Progress on the planned acquisition of a 69% operated interest in the Maari asset, offshore New Zealand, including obtaining Offshore Investment Office approval, and continuing to progress towards approval of the New Zealand Petroleum and Minerals authority;

Announced acquisition of a 90% operated interest in the Lemang PSC, onshore Sumatra, Indonesia for an initial headline consideration of US$12.0 million, thereby re-establishing Jadestone's operating presence in Indonesia and adding 17.2mm boe of 2C gas resource3; and

2020 full year guidance also re-affirmed on each of operating costs per barrel, capex and the Company's maiden dividend.

Paul Blakeley, President and CEO commented:

"Despite the last four months being among the most challenging for the global oil & gas industry in the last 20 years or more, our portfolio has remained cash generative and we have delivered a strengthened balance sheet while continuing to grow our asset base. We have now reduced debt to just $25.6 million and further built up our net cash position to $78.2 million, despite significantly lower global oil price benchmarks over the period.

"We have responded quickly to the challenges associated with COVID-19 and lower oil prices, through Project Clover, removing $22.0 million from our projected 2020 spending base and remain on track to reduce our unit operating costs by $3-4/bbl, as well as significantly reducing our planned capex programme. This has been accomplished without compromising our commitment to safe operations and ensuring the well-being of all our people.

"With some recovery in global oil prices, we are now re-assessing some near-term investment into deferred organic growth projects. However, we will be cautious and ensure that we allocate resources to maximise returns, and will continue to keep an eye on market dynamics in a volatile world, as well as maintaining discipline to protect the balance sheet. We are well positioned to continue to diversify the portfolio with inorganic growth, as we have done with our recently announced acquisition of the Lemang PSC in Indonesia, and will continue to assess new opportunities under our strict acquisition criteria.

"We have demonstrated our resilience over the past six months and our intent now is to take advantage of the current environment and emerge even stronger, through the remainder of this year and into next".

COVID-19 response

Jadestone has recorded no cases of COVID-19 among its workforce.

Certain public safety measures have now been relaxed, permitting normal office work to resume at some Jadestone locations, however the Company remains vigilant in its approach to protecting the wellbeing of its personnel.

Offshore rotation adjustments, which include mandatory isolation periods for incoming crew, remain in place, and social distancing protocols are in effect, as well as enhanced hygiene and cleaning practices at all locations. The Company has deferred select non-essential offshore work to minimise personnel offshore.

Operations update

Jadestone has continued safe operations throughout H1 2020, with no serious safety or environmental incidents.

However, due to the significant restrictions imposed by COVID-19, including reduced manning, uptime performance has been affected throughout H1 2020, with delays to executing well workovers, and other planned facility upgrades and interventions, as well as the impact of seasonal cyclones in Q1. Overall, this has resulted in a combined uptime performance being below plan at 74%.

The Company's decision to delay three well workovers at the Stag field, and a repair to the Skua-10 well at Montara during H1, which has impacted uptime, has had the benefit of reducing personnel required offshore during COVID-19 imposed restrictions, and also ensures future flush production from newly worked-over wells is timed to coincide with a higher oil price environment, thereby maximising investment returns.

Production during H1 2020 was 12,116 bbls/d, which was 8.1% lower than in the same period of 2019. This is primarily the result of natural production declines and the deferred well workovers, which collectively have the potential to add approximately 2,300 bbls/d of incremental production.

2020 full year average production guidance is re-affirmed at 12,000-14,000 bbls/d.

Vietnam

The Company remains engaged with the Vietnamese Government, including ongoing discussions relating to a gas sales and purchase agreement for its planned Nam Du/U Minh gas development. Jadestone anticipates completing the gas sales and purchase agreement alongside the eventual field development plan approval. Discussions are progressing, with a view to reaching an agreement later this year.

Project Clover

The Company's Group-wide efficiency and savings programme aims to optimise commercial terms and arrangements with vendors, right-size the organisation, reduce process inefficiency, defer activity where it is safe to do so, and to lower corporate G&A.

To date, the Company has implemented 2020 cashflow savings initiatives totalling over US$22.0 million, with over US$10.0 million of additional opportunities being pursued, and remains on track to deliver the expected savings.

Finance update

H1 2020 net revenue was US$115.7 million, compared to US$171.7 million in H1 2019, reduced due to the combined effect of lower prices, as well as lower production and resultant liftings. The Company had five liftings of crude oil in H1 2020, totalling 1,979,289 bbls sold, compared to 2,338,202 bbls in the same period last year.

The average net realised oil price in H1 2020 was US$46.47/bbl, reflecting a weighted average premium over Dated Brent of US$8.19/bbl. The H1 2019 average net realised oil price was US$70.39/bbl, including an average premium of US$3.74/bbl.

The June 2020 scheduled semi-annual redetermination of the Group's secured reserves-based loan, has again reaffirmed a borrowing base substantially above the current gross outstanding debt amount of US$25.6 million, and with all covenants comfortably met over the bank model forecast period.

Approximately one third of the Company's planned production through Q3 2020 is covered by the Company's hedging programme, which establishes a floor price of US$67.03/bbl in Q3 2020, prior to any oil price premium.

2020 full year average opex per barrel guidance of US$20.50-23.50/bbl, before workovers, is re-affirmed, along with 2020 full year capex of US$30-35 million, and the 2020 maiden full year dividend of US$7.5-12.5 million.

The Company intends to announce its consolidated interim unaudited results, as at and for the six-month period ended June 30, 2020, in mid September, 2020, at which time it expects to announce its maiden interim dividend.

Acquisitions

In Q4 2019 Jadestone announced the acquisition of an operated 69% interest in the Maari Project, shallow water offshore New Zealand. During H1 2020 the Company obtained Overseas Investment Office consent for the acquisition, and approval from the joint venture for the change of operatorship to Jadestone. Applications are progressing with regulators toward other customary consents, and the Company has begun implementing its New Zealand human resourcing plan, in anticipation of completing the acquisition in H2 2020.

The Maari project will add 12.2mm bbls of 2P reserves4 on a net basis, ongoing oil production, and opportunities for significant incremental value creation through accessing the fields' large oil-in-place, beyond the low recovery factors achieved to date.

Last month Jadestone announced the acquisition of an operated 90% interest in the Lemang PSC, onshore Sumatra, Indonesia. The acquisition is conditional upon customary governmental consents to the assignment of interest, the appointment of Jadestone as operator, and other consents required under the joint operating agreement. These consents have been requested, and the Company anticipates completing the acquisition in Q1 2021.

The Lemang PSC re-establishes Jadestone's operating presence in Indonesia, and will add 17.2mm boe of 2C wet gas resource3, with a highly flexible development spending timeline. This adds to the diversity of the Company's portfolio via additional gas in a PSC regime, which is expected to be sold under long-term fixed price sales contracts, and further rebalances the Company's production and reserves base between variable-priced OECD oil in a concession environment and fixed price emerging market gas in a PSC regime.

__________________

1 Includes a US$10.0 million deposit in support of a bank guarantee to a key supplier.

2 Gross outstanding debt and net debt/cash are non-GAAP measures which do not have a standardised meaning prescribed by IFRS. These measures are included because management uses this information to analyse the liquidity and financial position of the Group and it may be useful to investors on the same basis. Gross outstanding debt and net debt/cash are non-GAAP measures and should not be considered an alternative to, or more meaningful than 'Net increase in cash and cash equivalents' as determined in accordance with IFRS, as an indicator of liquidity and financial performance. Gross outstanding debt is defined as long and short term interest bearing debt, with effective interest method financing costs added back, and excludes derivatives. Net debt/cash includes cash and cash equivalents, including the Montara assets' minimum working capital cash balance of US$15.0 million required to be maintained under the conditions of the reserve based lending facility and restricted cash of US$8.0 million (December 31, 2019: US$13.5 million) under the debt service reserve account, but excludes the US$10.0 million deposited in support of a bank guarantee. Because non-GAAP financial measures do not have a standardised meaning prescribed by IFRS, they are unlikely to be comparable to similar measures presented by other companies and should not be considered in isolation, or as a substitute for measures of performance prepared in accordance with IFRS.

3 Based on an independent review of contingent resources prepared for the Company by ERCE, an independent qualified reserves auditor, in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook ("COGEH"), with an effective date of June 2020, and assuming a 90% interest. Based on a 81% interest (assuming local government participation), total 2C Group resource is 15.5 mm boe. 2C resource volumes presented represent the sub-class Development Pending, as defined by COGEH, and are presented on an unrisked basis. The main contingencies are non-technical and include the finalisation of the gas sales agreement and project FID. ERCE estimates the chance of development at 90%.

4 Based on an independent reserves audit prepared for the Company by ERCE, an independent qualified reserves auditor, in accordance with COGEH, incorporating ERCE's then prevailing oil price assumption deck (2019 real Brent crude oil prices of US$61/bbl, US$64/bbl, US$66/bbl, and US$67/bbl for 2019, 2020, 2021, and 2022 and beyond, respectively), with an effective date of December 31, 2018 but adjusted for 2019 production, and assuming a 69% interest.

Enquiries

Jadestone Energy Inc.

+65 6324 0359 (Singapore)

Paul Blakeley, President and CEO

+1 403 975 6752 (Canada)

Dan Young, CFO

+44 7392 940 495 (UK)

Robin Martin, Investor Relations Manager

ir@jadestone-energy.com

Stifel Nicolaus Europe Limited (Nomad, Joint Broker)

+44 (0) 20 7710 7600 (UK)

Callum Stewart

Simon Mensley

Ashton Clanfield

BMO Capital Markets Limited (Joint Broker)

+44 (0) 20 7236 1010 (UK)

Thomas Rider

Jeremy Low

Thomas Hughes

Camarco (Public Relations Advisor)

+44 (0) 203 757 4980 (UK)

Georgia Edmonds

jadestone@camarco.co.uk

Billy Clegg

James Crothers

About Jadestone Energy Inc.

Jadestone Energy Inc. is an independent oil and gas company focused on the Asia Pacific region. It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Vietnam and the Philippines.

The Company has a 100% operated working interest in the Stag oilfield and the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam and is partnered with Total in the Philippines where it holds a 25% working interest in the SC56 exploration block.

In addition, the Company has executed a sale and purchase agreement to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, and anticipates completing the transaction in H2 2020, upon receipt of customary approvals. The Company has recently executed an agreement to acquire an operated 90% interest in the Lemang PSC, onshore Sumatra, Indonesia, and anticipates completing the transaction in Q1 2021, upon receipt of customary approvals. The block includes the Akatara gas field.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia Pacific region.

Jadestone Energy Inc. is listed on the AIM market of the London Stock Exchange. The Company is headquartered in Singapore. For further information on Jadestone please visit www.jadestone-energy.com.

Cautionary statements

Certain statements in this press release are forward-looking statements and information (collectively "forward-looking statements"), within the meaning of the applicable Canadian securities legislation, as well as other applicable international securities laws. The forward-looking statements contained in this press release are forward-looking and not historical facts.

Some of the forward-looking statements may be identified by statements that express, or involve discussions as to expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of phrases such as "will likely result", "are expected to", "will continue", "is anticipated", "is targeting", "estimated", "intend", "plan", "guidance", "objective", "projection", "aim", "goals", "target", "schedules", and "outlook"). In particular, forward-looking statements in this press release include, but are not limited to, statements regarding the quantum and timing of expected savings under Project Clover, and expected 2020 guidance with respect to (a) average production, (b) cash opex/bbl before workovers, (c) capital spending and (d) the 2020 full year maiden dividend. Other forward-looking statements include commentary on the timing to conclude a gas sales and purchase agreement for the Nam Du/U Minh gas development, and progress towards the completion and resultant closing of the Maari and Lemang PSC acquisitions.

Because actual results or outcomes could differ materially from those expressed in any forward-looking statements, investors should not place undue reliance on any such forward-looking statements. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predicted outcomes will not occur. Some of these risks, uncertainties and other factors are similar to those faced by other oil and gas companies and some are unique to Jadestone. The forward-looking information contained in this news release speaks only as of the date hereof. The Company does not assume any obligation to publicly update the information, except as may be required pursuant to applicable laws.

The oil, natural gas and natural gas liquids information in this announcement has been prepared in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook").

A barrel of oil equivalent is determined by converting a volume of natural gas to barrels using the ratios of six thousand cubic feet to one barrel. Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf:1 boe is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of oil as compared to natural gas is significantly different from the energy equivalency of 6:1, utilising a conversion on a 6:1 basis may be misleading as an indication of value.

The technical information contained in this Presentation has been prepared in accordance with the March 2007 guidelines endorsed by the Society of Petroleum Engineers, World Petroleum Congress, American Association of Petroleum Geologists and Society of Petroleum Evaluation Engineers Petroleum Resource Management System.

Henning Hoeyland of Jadestone Energy Inc., a Subsurface Manager with a Masters degree in Petroleum Engineering, who is a member of the Society of Petroleum Engineers, and who has been involved in the energy industry for more than 19 years, has read and approved the technical disclosure in this regulatory announcement.

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Glossary

bbls

barrels of oil

bbls/d

barrels of oil per day

boe

barrel of oil equivalent

mcf

thousand cubic feet

mm bbls

million barrels of oil

mm boe

million barrels of oil equivalent

PSC

production sharing contract

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Jadestone Energy Inc.

ReleaseID: 599578

VANCOUVER, BC / ACCESSWIRE / July 30, 2020 / Noram Ventures Inc. ("Noram") (TSXV:NRM)(Frankfurt:N7R)(OTC PINK:NRVTF) is preparing to permit with the Bureau of Land Management ("BLM") in Nevada for a Fall drill program on the Zeus lithium claystone property.

Noram plans on a two-stage drill program of 2500 meters in total, with 8-12 diamond drill holes in the early Fall, and 8-12 drill holes in late Fall. The deposit is within sub-horizontal claystones of the Mid-Miocene to Mid-Pliocene Esmeralda Formation, which is present at surface or under a thin alluvial cover. Previous drilling has outlined, at a 900 ppm lithium cut-off, 124 million tonnes at 1136 ppm lithium as indicated resources, and 77 million tonnes lithium at 1045 ppm lithium as inferred resources (0.75 and 0.43 million tonnes lithium carbonate equivalent – "LCE" , respectively; see Noram press release February 5, 2020, and Peek and Barrie, 2019 /1/). There are over two square kilometers of fertile ground yet to be drill-tested on the Zeus property.

Noram management believes that this drilling will significantly expand the resource, as there is evidence for claystone at or near surface everywhere on the property. C. Tucker Barrie, President and CEO of Noram Ventures Inc., comments: "Drill testing the in thick, nearly horizontal strata of the Esmeralda Formation will be a straightforward exercise. So far, our deposit is 60 – 120 meters thick, and thickens to the east and south where much of the drilling will take place. In eastern Clayton Valley, there are known listric normal faults that step down toward the west, and this program should determine if these faults are significant on the property. Our drilling will allow us to produce an updated resource calculation with Measured, Indicated and Inferred resources.

In addition, we are planning engineering and economic studies toward a Preliminary Economic Assessment in 2020 (PEA). We will also contract out studies on: 1) mineral processing and metallurgical testing; 2) pit design, schedule and mining, and 3) details about processing costs and economics.

Regarding mineral processing, we aim to analyze pre-processing of the claystone material using hydrocyclones to separate non-lithium bearing material (e.g., quartz and feldspar sand and gravel) from the lithium-bearing clay minerals, as well as to conduct detailed testing with sulfuric acid at low and high concentrations, and with variable temperature. We believe there are alternative processes that may streamline the extraction and concentration of lithium once it is in a low pH solution, and we aim to incorporate such studies into the PEA."

/1/ Peek, B. C. and Barrie, C. T., 2019, NI 43-101 Technical Report – Updated Resource Estimate, Zeus Projet, Clayton Valley, Esmeralda County, Nevada, USA, 70 p.

The technical information contained in this news release has been reviewed and approved by C. Tucker Barrie, Ph.D., P. Geo. who is a Qualified Person with respect to Noram's Clayton Valley Lithium Project as defined under National Instrument 43-101.

About Noram Ventures Inc.

Noram Ventures Inc. (TSX – Venture: NRM / Frankfurt: N7R / OTCPINK: NRVTF) is a Canadian based junior exploration company, with a goal of developing lithium deposits and becoming a low – cost supplier. The Company's primary business focus since formation has been the exploration of mineral projects. Noram's long term strategy is to build a multi-national lithium minerals company to produce and sell lithium into the markets of Europe, North America and Asia.

Please visit our web site for further information: www.noramventures.com

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ "C. Tucker Barrie, Ph.D., P. Geo."
President and CEO
Office: (604) 553-2279

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. This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the completion transactions completed in the Agreement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Noram believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Noram disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

SOURCE: Noram Ventures Inc.

ReleaseID: 599467

Offering participants include WB Online Investment Limited, an affiliate of Weibo Corporation (WB)

BEIJING, CHINA / ACCESSWIRE / July 29, 2020 / WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading holographic augmented reality ("AR") application platform in China, today announced the closing of WiMi's "best efforts" public offering of 7,560,000 American Depositary Shares ("ADSs"), each representing two Class B ordinary shares of the Company, at a public offering price of US$8.18 per ADS for a total offering size of up to US$61,840,800, before deducting underwriting discounts, commissions and estimated offering expenses. Participants in the offering include a select group of institutional investors in both the US and Asia, including WB Online Investment Limited, an affiliate of Weibo Corporation (WB).

The Company intends to use the proceeds from its public offering to research and development of the application of holographic AR technologies in the semiconductor industry, as well as for strategic acquisitions and investments and for working capital and general corporate purposes.

The Benchmark Company LLC, and FT Global Capital Inc. acted as joint lead bookrunning managers while Valuable Capital Limited acted as Book Running Manager – Asia for this offering. DLA Piper LLP acted as the Company's U.S. legal counsel, Sheppard, Mullin, Richter & Hampton, LLP and Schiff Hardin LLP acted as U.S. legal counsel for the joint lead bookrunning managers, and PacGate Law Group acted as PRC legal counsel for the joint lead bookrunning managers.

The ADSs described above were offered by WiMi pursuant to a registration statement that was declared effective by the Securities and Exchange Commission on July 27, 2020.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About WiMi

WiMi, whose commercial operations began in 2015, operates the largest integrated holographic AR application platform in terms of revenues in 2018 in China and has built the most comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the proposed public offering. The offering is subject to market and other conditions and there can be no assurance that the offering will be completed or as to the actual size or terms of the offering. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including market conditions, risks associated with the cash requirements of our business and other risks detailed in the Company's registration statement, and represent the Company's views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. The Company does not assume any obligation to update any forward-looking statements except as required by law.

For investor and media inquiries, please contact:

pr@wimiar.com

Media Contact:

Company: WIMI
Name: Tim Wong
Tele: +86 10 89913328
Email: bjoverseasnews@gmail.com

SOURCE: WIMI

ReleaseID: 599573

Sunergetic Products provides high-quality, powerful supplements with premium herbs and ingredients to create unique supplements. It has placed within easy reach of consumers the beneficial properties of berberine, olive leaf, apple cider vinegar, and more

WODDBURY, NY / ACCESSWIRE / July 29, 2020 / According to announcements released by Sunergetic Products, the company has reiterated its commitment to combining the goodness of nature with modern science to produce high-quality supplements. In its pursuit of developing effective supplements, Sunergetic continues to research traditionally used herbs that help support wellness and fitness.

The supplements are an excellent addition to a healthy diet and a fitness routine. These are also a perfect addition to the daily routines of those who are pressed for time and cannot always obtain nutrition from natural and whole foods. Customers have come to trust the products offered by Sunergetic, and that's excellent validation because of the glut of supplements in the market, with many touting benefits that sound too good to be true.

The ingredients that Sunergetic uses have stood the test of time and many of their supplements help support women's health, men's health, healthy digestion, cardiovascular support, antioxidant properties, and a healthy immune system. Magnesium, for example, plays a critical role in healthy enzyme function. It also helps support healthy muscles, bones, and heart health. Sunergetic offers a Magnesium Oxide and Citrate Supplement. Curcumin is a powerful antioxidant found in turmeric and is known to help support a healthy lifestyle.

Sunergetic's Turmeric Supplement is USDA organic, made without synthetic ingredients, and is formulated with black pepper for added support. Sunergetic offers Milk Thistle Tablets, which are standardized to 80% silymarin, to help support healthy liver function. These Non-GMO milk thistle tablets by Sunergetic are manufactured with the same commitment to quality as adhered to for all the other products.

For more information, go to https://www.sunergeticproducts.com/

A company official of Sunergetic Products said, "If you are feeling run down, lethargic, heavy, bloated, have sweet cravings or otherwise feel less than your best, you're probably wondering what you can do to feel better. Eating a healthy diet, exercising, and reducing occasional stress are critical in supporting your overall health. Consuming vegetables and fruits high in antioxidants, phytonutrients, polyphenols have also shown many health benefits. Adding certain supplements can help support your wellness goals."

At Sunergetic, they have many supplements to support wellness goals. One of the most popular is Sunergetic's Berberine Supplement. A company official said, "Berberine is a powerful herb that can come from several different plants including goldenseal, barberry, Phellodendron, goldenthread and tree turmeric. Berberine is a plant alkaloid with a distinct yellow color. The berberine alkaloid can be found in various parts of these plants, including the stem, bark, and roots. Berberine has a long history of use in traditional Ayurvedic herbal practices. Berberine may help support healthy blood sugar levels already within the normal range. Berberine also may help support cardiovascular health and overall wellness."

Connect with them via their social media pages:

Sunergetic Facebook
Sunergetic Instagram
Sunergetic Twitter

#

Media Contact

Name: James
Company: Sunergetic Products
Email: hello@sunergeticproducts.com
Address: 217 Woodbury Rd #84, Woodbury, New York 11797
Website: https://www.sunergeticproducts.com/

SOURCE: Sunergetic Products

ReleaseID: 599582