VANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic" or the "Company") is pleased to announce that a 7,000 m diamond drill program has begun at its wholly-owned Mt Hinton gold-silver project, located in the Keno Hill district of central Yukon. The 2020 exploration program started in mid-June and has comprised camp construction, road building, geological mapping, prospecting and sampling, all in preparation for drilling. The program is fully funded with adequate contingency to double the amount of drilling, if results and weather permit.

The Mt Hinton project hosts numerous high-grade, gold-silver veins developed in a series of east-north-easterly and northerly trending structural zones, which cut the same quartzite unit that hosts uncommonly high-grade silver veins elsewhere in the Keno Hill district. The 2020 drill program is the first large-scale diamond drill program ever done on the Mt Hinton property. The program is designed to test potential for both high-grade veins, like those historically mined from underground workings on an adjoining claim block now owned by Alexco Resources Corp ("Alexco"), and for bulk tonnage, vein and sheeted veinlet style mineralization similar to that being mined by Victoria Gold from open pits at its Eagle Deposit, 50 km northwest of Mt. Hinton. The location of Mt. Hinton project relative to the properties of Alexco and Victoria Gold is shown on Figure 1.

One of the two drills on the property is currently situated in the Granite North Zone, where a rock sample collected from talus in 2019 returned bonanza-grade assays of 2,340 g/t gold and 597 g/t silver, and a recent chip sample across bedrock exposed in a hand trench yielded 26.9 g/t gold and 49 g/t silver across 1.22 m. The Granite North Zone is a complex feature comprising multiple, sub-parallel bands of altered and veined quartzite. The initial drill holes will form a section line across this more than 300 m wide zone (see Figure 2).

The other drill is located in the Northern Structural Corridor, an up to 750 m wide zone that comprises more than 50 veins and vein segments, which have been traced in outcrop and talus over a combined strike length of nearly 4,000 m. Historical sampling in this zone focussed on sulphide-rich vein exposures, and little sampling was done across weakly mineralized veins or adjacent wall rock. Planned holes in this area are each expected to cross three or more veins, including the 19 vein where historical samples collected along 24 m of exposed strike reportedly had a weighted average of 6.51 g/t gold and 68.57 g/t silver over average width of 1.7 m, the 21 vein where samples taken over a 22 m long exposure yielded a weighted average of 42.5 g/t gold and 319 g/t silver across an average 1.05 m width, and the 24 vein where samples collected over a 24 m length had a weighted average of 17.5 g/t gold and 1546 g/t silver across an average 0.49 m width.

A road is currently being built to access drill targets is the South West Zone. This zone is about 100 m wide and has been traced for more than 2,000 m along strike. It consists of known veins and parallel, talus-covered, linear gullies identified by a 2019 LIDAR survey, which are suspected to host buried veins. Prospecting done in 2020 identified a new vein exposure where two chip samples, situated 10 m apart along strike, yielded 200 g/t gold and 90 g/t silver over 1.2 m and 80.3 g/t gold and 72 g/t silver over 1 m. Chip samples taken from other exposures in this zone graded 30.5 g/t gold and 53.1 g/t silver across 1.2 m and 8.82 g/t gold and 63.48 g/t silver across 1.95 m.

Other targets elsewhere in the 6 km by 4.5 km area of mineralization and strongly anomalous gold-in-soil geochemistry are expected to be drilled later in the season. These targets include a vein zone that was discovered in 2019 on a mostly till covered valley floor, where a chip sample assayed 24 g/t gold and 36.1 g/t silver across 1.25 m, and a vein in the northwestern corner of the area of mineralization and anomalous soil geochemistry, which was intersected in a 2011 reverse circulation drill hole. This intercept was never followed up despite assaying 31.7 g/t gold and 23 g/t silver over 1.52 m. The area of mineralization and anomalous soil geochemistry is shown on Figure 3.

The 2020 field program on the Mount Hinton property is being managed by Archer, Cathro & Associates (1981) Limited ("Archer Cathro"). Technical information in this news release has been approved by Heather Burrell, P. Geo., a senior geologist with Archer Cathro and a qualified person for the purpose of National Instrument 43-101.

About Strategic Metals Ltd.

Strategic is a project generator with a portfolio of more than 130 projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Current projects include more than 80 properties where precious metals are a major component. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings, geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of over $12 million and large shareholdings in a number of active mineral exploration companies including 46.3% of GGL Resources Corp., 36.3% of Rockhaven Resources Ltd., 19.6% of Precipitate Gold Corp., 18.7% of Silver Range Resources Ltd., 9.9% of Trifecta Gold Ltd., and 4.0% of ATAC Resources Ltd. Strategic also holds a 53.5% interest in Terra CO2 Technologies Holdings, Inc. a private Delaware corporation which is developing an environmentally-friendly, cost-effective alternative to Portland cement.

ON BEHALF OF THE BOARD

"W. Douglas Eaton"

President and Chief Executive Officer

Corporate Information

Strategic Metals Ltd.
W. Douglas Eaton
President and C.E.O.
Tel: (604) 688-2568

Investor Inquiries

Richard Drechsler
V.P. Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@strategicmetalsltd.com
http://www.strategicmetalsltd.com

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

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

SOURCE: Strategic Metals Ltd.

ReleaseID: 598885

NEW YORK, NY / ACCESSWIRE / July 27, 2020 / Madison Technologies Inc., (OTCQB:MDEX), a brand development and business accelerator company, announced today it has acquired a license for Casa Zeta-Jones brand to develop a new online women's shaving regiment.

"Partnering with the Casa Zeta-Jones brand on this project in such a robust and underserved market, and with an exciting new model, we believe is an incredible opportunity and we look forward to tremendous success," said Walter Hoelzel, President and Chief Marketing Officer.

According to Grandview Research the global wet shave market is in excess of $12 billion dollars and growing over 9% annually. Women represent approximately 28% of this market or $3.3 Billion dollars. According to Euromonitor less than 1% of women belong to a shave club, a segment dominated by men.

The product line will include a custom designed handle and cartridge system, pre-care products, exclusive shaving products and some of the best after care products on the market today. The Casa Zeta-Jones brand will transcend what is often considered a chore to a more pampering and lush women's shaving experience.

About Madison Technologies Inc:

Madison Technologies is a Brand Development and Business accelerator company. The company is focused on select consumer good segments that are deemed underserved and offer significant growth opportunities for our company.

Forward-Looking Statements

Forward-looking statements and risks and uncertainties discussed in this press release may contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner of our future financial condition or stock price.

Follow at czjlegs.com

Contact:

Jeff Canouse, MDEX, CEO
jeffcanouse@gmail.com;  770-235-3107

SOURCE: Madison Technologies, Inc.

ReleaseID: 598968

FT. LAUDERDALE, FL / ACCESSWIRE / July 27, 2020 / Cardiff Lexington Corporation (OTC PINK:CDIX) announced today they have divested their holdings in the food services sector. They have reached accord in principal with Frank Repicci and Gene Romeo respectively whereby Repicci's Italian Ice and Gelato and Romeo's New York Style Pizza will spin out as private companies no longer operating as subsidiaries of Cardiff Lexington.

The companies restaurant franchise operations have been hard hit by the economic pressure of the Covid-19 pandemic and the subsequent directives and responses to this crisis taken by the federal, state, and local government. In light of current circumstances arising from the COVID-19 pandemic, Cardiff Lexington, as a public reporting company, must evaluate what we should and are obligated to do in order to protect shareholders from the negative effects of this pandemic. Cardiff Lexington Board of Directors has narrowed its forward focus to acquisitions in the financial services sector to build upon its tax subsidiaries with related debt, credit, billing, and real estate opportunities

On July 20th, 2020 CDIX executed a Buyback Agreement finalizing the sale of Repicci's Franchise Group, LLC (RFG) acquired by Cardiff, August 10, 2016. The buyer is Frank Repici (herein after Repici) effective June 1st, 2020. The signing took place upon confirmation of assets. At the time of closing, each Preferred "H" Share, had a par value $0.001 per share and a Stated Value was $4.00 per share. Repici exchanged 81,601 CDIX Preferred "H" Shares for the purchase price of $652,808. This was a Tax-Free Share Exchange (the "Exchange") for the return to CLC of 81,601 CLC Preferred H Shares the "Exchange Shares" in order to consummate the Exchange pursuant to Section 368(a)(1)B of the United States Internal Revenue Code of 1986; and,

On July 23rd, 2020 CDIX executed a Buyback Agreement finalizing the sale of Romeo's Alpharetta, Inc., Fortuna Restaurant Group, Inc., R&T Restaurant Group, LLC (herein after Romeo's NY Pizza d/b/a "RNYP"s) acquired by Cardiff, June 30, 2014. The purchaser was Gene Romeo effective July 1st, 2020. The signing took place upon confirmation of assets. At the time of closing, each Preferred "D" Shares, had a par value of $0.001 per share and a Stated Value of $4.00 per share. Romeo exchanged 212,500 Preferred "D" Shares for the purchase price of $1,700,000. This was a Tax-Free Share Exchange (the "Exchange") for the return to CLC of 212,500 CLC Preferred H Shares the "Exchange Shares" in order to consummate the Exchange pursuant to Section 368(a)(1)B of the United States Internal Revenue Code of 1986.

Alex Cunningham CEO of Cardiff Lexington stated, "Our "Buy and Build" strategy is targeting acquisition of middle market private niche financial service companies and real estate both mature, and, second stage with high growth potential. Repicci's and Romeo's no longer fit within our longer-term strategy and given their impact from COVID-19 for these companies to remain subsidiaries of a public entity exerts additional and unnecessary cost and pressure. This was a difficult decision to sell our food businesses but believe it to be in the best interest of our shareholders. For these reasons, we have agreed to Buy Back Agreements with their original ownership. We will be work closely with both Companies to ensure seamless, timeless, financial separation. Going forward it is fundamental to the Cardiff Lexington strategy that future acquisitions have synergies leveraging data and resources across similar target markets."

About Cardiff Lexington Corporation: Cardiff Lexington is a diversified financial services holding company primarily focusing on tax, debt, and real estate sectors. The Company is implementing a buy and build strategy leveraging proven management in private companies that become subsidiaries. Cardiff Lexington targets acquisitions of mature, high growth, niche companies. Cardiff Lexington's strategy identifies and empowers select income-producing middle market private businesses and commercial real estate properties. Cardiff Lexington provides these companies both 1) the enhanced ability to raise money for operations or expansion, 2) an equity exit and liquidity strategy for the owner, heirs, and/or Investors, and 3) a proven experienced Cardiff Lexington management team to lead growth and expansion.

Cardiff Lexington is led by strong and talented team of executives and advisors providing expert acquisition, market guidance and added management value for subsidiaries and investors. For investors, Cardiff Lexington provides a diversified lower risk to protect and safely enhance their investment by continually adding assets and holdings.

FORWARD LOOKING STATEMENT: This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. These risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.

Contact:
Investors Relations 800-628-2100 ext. 705
investorsrelations@cardifflexington.com

SOURCE: Cardiff Lexington Corporation

ReleaseID: 598926

Company to File Quarterly Reports within Coming Weeks

FT. LAUDERDALE, FL / ACCESSWIRE / July 27, 2020 / PotNetwork Holdings, Inc. (OTC PINK:POTN) ("the Company") announced today that the Company has filed its 2019 Annual Report with the Securities and Exchange Commission ("SEC").

Kevin Hagen, President, CEO and a Director of the Company, stated, "We are pleased to announce that the Company has now filed its 2019 Annual Report with the SEC, reporting sales for calendar 2019 in excess of $15,000,000. This filing will be followed within the next few weeks by the filing of our 2020 First Quarterly Report, and shortly thereafter, we will file our 2020 Second Quarterly Report for the period ended June 30th, so that the Company will then be current with its filings with the SEC." He added, "Sales for the first half of 2020 have remained strong despite the global COVID-19 business interruptions, and we anticipate a strong revenue finish for the year."

About PotNetwork Holdings, Inc.: PotNetwork Holdings, Inc. (OTC PINK:POTN) is a publicly traded SEC reporting company that acts as a holding company for its principal subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD products, and PotNetwork Media Group, Inc., the publisher of PotNetwork News and PotNetwork Magazine. For more information, please visit, www.potnetworkholding.com.

As an SEC reporting company, the Company's financial statements for calendar years 2017 and 2018. are fully audited. All the Company's public SEC filings are readily accessible on the SEC's Edgar website under "PotNetwork Holdings, Inc."

About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multinational marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD's team consists of hemp industry pioneers and natural product experts, chemists, doctors and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils, tinctures, edibles, vape liquids and other CBD containing products found anywhere. For more information, please visit its website at www.DiamondCBD.com.

Safe Harbor: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

PotNetwork Holdings, Inc.
1-800-915-3060
investor@PotNetworkHolding.com

SOURCE: PotNetwork Holdings, Inc.

ReleaseID: 598890

Major players in the hydroxychloroquine market are investing in increasing production capabilities and pushing for clinical trials to keep up with the massive demand arising from the covid-19 crisis.

ROCKVILLE, MD / ACCESSWIRE / July 27, 2020 / The hydroxychloroquine market is expected to grow at around 4% CAGR, between the years 2020 and 2030). Demand for this antimalarial has shot up following the suggestion of the drug being used as a potential treatment for the coronavirus crisis, by President Trump of the United States.

The United States Center for Disease Control and Prevention, has stated that the drug has displayed in-vitro effects against different types of coronavirus, which will help sustain demand through the end of the pandemic.

"Despite, a number of trials, there has been no definitive evidence of the efficacy of hydroxychloroquine against covid-19. On the other hand, the drug is effective against other diseases, which will help keep demand stable even after the pandemic ends," says the Fact.MR analyst.

Request a sample of the report to gain in-depth market insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=4769

Hydroxychloroquine Market- Key Takeaways

Hydroxychloroquine is largely sold as an anti-malarial drug, owing to massive demand in developing economies with poor sanitation standards, and large mosquito populations.
Asia Pacific will remain a major market for hydroxychloroquine driven by major ingredient and drug manufacturing operations in China and India.

Hydroxychloroquine Market- Driving Factors

Proven efficacy of hydroxychloroquine against malaria and rheumatoid arthritis are primary growth factors.
Investments from the public and private sectors into pharmaceutical research & development activities enable key market developments.

Hydroxychloroquine Market- Major Restraints

Concerns over toxicology of hydroxychloroquine when administered without adequate supervision is a challenge to market growth.
Potential side effects of headaches, nausea, appetite loss, mood changes, skin rashes, and hair loss hurt adoption.

COVID-19 Impact on Hydroxychloroquine Market

The covid-19 pandemic has positively influenced the global hydroxychloroquine market, with anecdotal evidence of its efficacy against the virus. Manufacturers have rapidly invested in bolstering production capacities to keep up with the sudden, unprecedented demand. On the other hand, some manufacturers are facing a crunch in terms of critical ingredients, owing to export restrictions, which will be challenge for market players during the crisis.

Explore the global Hydroxychloroquine market with 78 figures, 64 data tables, along with the table of contents of the report. You can also find detailed segmentation on

https://www.factmr.com/report/4769/hydroxychloroquine-market

Competitive Landscape

The hydroxychloroquine manufacturers are currently grappling with the massive demand arising from the covid-19 pandemic. Consequently, industry collaborations and production facility expansions have become key business strategies.

For instance, Accord Healthcare has announced its plans to increase production to 50 million tablets per month at its UK facility. Mylan has also announced the production of hydroxychloroquine sulfate tablets in its West Virginia facility.

Bayer has also announced increased production and donation of hydroxychloroquine doses to the Strategic National Stockpile. Mylan, Abcam plc, Laurus Labs, Advanz Pharma, Ipca Laboratories, Amneal Pharmaceuticals, Dr. Reddy's Lab., and Bayer AG Enterprise are some major hydroxychloroquine market players.

About the Report

This study offers readers a comprehensive market forecast of the hydroxychloroquine market. Global, regional and country-level analysis of the top industry trends impacting the hydroxychloroquine market is covered in this FACT.MR study. The report offers insights on the hydroxychloroquine market on the basis of drug type (anti-malarial, anti-rheumatic, lupus suppressant, anti-covid-19, and others) across five regions (North America, Latin America, Europe, Asia Pacific, and MEA).

Explore FACT.MR's Comprehensive Coverage of Chemical & Materials Landscape

OTC Herbal and Traditional Medicines Market– Get the latest insights on the global OTC herbal and traditional medicines market through FACT.MR's report covering analysis for projection period (2017-2022).

Diuretic Drugs Market– FACT.MR's study on the global diuretic drugs market covers trends, tech innovations, players, and strategies for 2018-2028.

Originator Small Molecule Drug Market– Obtain analysis on the global originator small molecule drug market through FACT.MR's latest report covering competitive analysis, regions, and segment analysis for 2018-2028.

About Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FACT.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the pharmaceuticals sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Contact:

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
PR- https://www.factmr.com/media-release/1537/global-hydroxychloroquine-market

SOURCE: FactMR

ReleaseID: 599013

CLEVELAND, OH / ACCESSWIRE / July 27, 2020 / Mace Security International, Inc. (OTCQX:MACE) will broadcast its second quarter 2020 earnings conference call on Tuesday, August 4, 2020. The call will begin at 11:00AM ET.

A news release outlining the financial results will be distributed before the market opens on Friday, July 31, 2020. A slide presentation, which will accompany the call, will be available at www.corp.mace.com on Friday, July 31, 2020 and will remain available after the call.

The full set of financial statements and an accompanying slide presentation will be available on July 31, 2020 on the "Investors" section of Mace's website www.corp.mace.com under the subheading "Investor Relations." The event can also be accessed by telephone within the US at (833) 360-0862. Please use the conference identification number 9602639.

A digital recording of the conference call will be available for replay after the call's completion. The date ranges that the recording will be available are listed below. To access the recording, use the dial in numbers listed below and the conference ID 9602639.

Encore dial-in number: (855) 859-2056 or internationally on (404) 537-3406.

Encore dates: Will be available 2 hours after the call and will expire at midnight on October 3, 2020

About Mace Security International, Inc.

Mace Security International Inc. is a globally recognized leader in personal safety products. Based in Cleveland, Ohio, the Company has spent more than 30 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand – the original trusted brand of pepper spray products. The Company's other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand personal alarms. The Company also offers aerosol defense sprays for law enforcement and security professionals worldwide through its Take Down® Brand.

Mace Security International distributes and supports its products and services through mass-market retailers, wholesale distributors, independent dealers, e-commerce channels and through its website, www.mace.com. For more information, please visit www.mace.com.

SOURCE: MACE SECURITY INTERNATIONAL INC

ReleaseID: 599015

TORONTO, ON / ACCESSWIRE / July 27, 2020 / 01 Communique (the "Company") (ONE:TSX-V) TORONTO, Ontario, Canada, is pleased to announce that 01 Communique's I'm InTouch remote access service user numbers have been on the rise, especially in Japan where it is marketed as DoMobile. As many companies have moved towards remote work in response to the coronavirus pandemic, this trend is expected to continue and is anticipated to be reflected in upcoming financial results.

Andrew Cheung, President of 01 Communique stated, "Our remote access product users have increased in response to the lengthy span of the coronavirus pandemic. While many companies have moved towards remote work to address employees' safety and business continuity, telework has also allowed many companies to save money and give their employees less commuting time." Mr. Cheung continued, "I'm In Touch, has allowed individuals, small businesses, or a workgroup within a large corporation to use remote desktop services which include Remote PC Access."

Mr. Shane Muramatsu-san, Sales General Manager of Mobile Business Division of Hitachi Solutions Create, Ltd. stated, "It is hard to say that the corona pandemic contributes to our businesses, but it is a reality that this tragedy has stimulated change not only to our way of business but also our way of life. I want to propel the speed of change for a rosy future."

I'm InTouch and DoMobile are a remote desktop connection software that offers fast, easy, and secure capabilities to remotely control a distant computer via the Internet. I'm InTouch also acts as a mobile mailbox which mobilizes Outlook and lets the user keep all inbound and outbound emails securely on their own computer. The intelligent notification feature allows configuration to receive real-time alerts at a mobile device when emails from certain pre-defined senders arrive at in Outlook.

During this pandemic, VPNs have become a major source of hacker penetration with too much trust between the remote device and the corporate network. Bad actors can hack into the remote device to gain access to the entire corporate network. I'm InTouch and DoMobile are a "zero-trust" style of remote access without establishing any trust between the remote device and the corporate network

Additional information and a free 30 day trail for I'm in Touch can be found at: https://www.01com.com/imintouch-remote-pc-desktop/.

About 01 Communique

Established in 1992, 01 Communique (TSX-V: ONE) has always been at the forefront of technology. In early 2018 the Company announced an additional business unit focusing on post-quantum cybersecurity with the development of its IronCAP technology. IronCAP's patent-pending cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems as we know them today while at the same time can also safeguard against attacks in the future post-quantum world of computing. The Company's remote access business provides its customers with a suite of secure remote access services and products. The Company's remote access products are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094. For more information, visit the Company's web site at www.ironcap.ca and www.01com.com.

Cautionary Note Regarding Forward-looking Statements.

Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use such words as "may", "will", "expect", "believe", "plan", "intend", "are confident" and other similar terminology. Such statements include statements regarding the future of quantum computers and their impact on the Company's product offering, the functionality of the Company's products and the intended product lines for the Company's technology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under "Risk and Uncertainties" in the Company's Management`s Discussion and Analysis document filed on SEDAR. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.

Neither TSX Venture Exchange ("TSX-V") 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.

INVESTOR CONTACT:

Andrew Cheung

Chief Executive Officer

01 Communique

(905) 795-2888 x206

Andrew.cheung@01com.com

SOURCE: 01 Communique Laboratory, Inc.

ReleaseID: 599011

ANCHORAGE, AK / ACCESSWIRE / July 27, 2020 / You are probably borrowing money from the IRS on a regular basis and don't even realize it. This may be creating a series of retirement tax time bombs that could have been avoided. Don't wait until it is too late to do something about this problem affecting millions of Americans.

Are you contributing to a tax-qualified plan, like an IRA or 401(k), as a way to save for retirement? Millions of Americans are, every pay day. Did you realize that you're taking a small loan from the IRS each time you contribute to your IRA or 401K? This is slowly and steadily creating several ticking tax time bombs for you, just waiting to go off in retirement, or sooner in some cases. If you're tired of borrowing from the IRS and don't want the burden of a tax lien on your retirement accounts, read on.

Your Tax Deductions are a Loan

Here's a secret. Those tax ‘deductions' you take today aren't truly deductions. They are an advance on your retirement funds that you'll repay during retirement and then some. In short, it's basically a loan you take from the IRS each pay period that you have to repay when you retire – a time in your life when you need the most money possible.

Americans love instant gratification, like tax deductions. Even if it hurts them in the long run, or isn't in their best interest, they want everything now. This is evident by the overuse of credit cards, payday loans, and 2-hour delivery from Amazon. This is also evident when you look at utilization rates of the Traditional IRA and 401(k) in comparison to the Roth IRA and Roth 401(k).

When you take the deduction on your retirement contributions, you lower your tax liability today but increase it in the future. That instant gratification feels great, a little more money in your pocket now, but it may not be in your best interest in the long run. Once you retire, and you want to spend that money you worked so hard to save, you'll have to pay back all of those tax deductions you ever received, plus more. Even if you don't want to spend your money once you get older, the government is going to force you to. At age 72, you don't have a choice, you will be subject to something called RMDs (required minimum distributions). If you have money in tax-deferred plans, you must start to withdraw that money and pay the taxes (the loan back). You pay taxes not only on the original contributions that you received a deduction on, but on all the earnings and growth too. Paying taxes on all the growth in your account is just like paying interest on those original deductions.

And if life happens along the way and you don't keep the loan going from the IRS till the magical age of at least 59.5 years old, you may also have to pay a 10% penalty on those funds on top of the taxes. But wait, the tax time bomb gets even worse.

The Social Security Tax Problem

Only one part of the tax time bomb goes off when you first retire. You start paying taxes on all that money you saved and realize that you have much less in savings than you thought. This is because a good chunk of your retirement account actually belongs to the IRS. The second part of the tax time bomb goes off when you do your taxes for the first time once you have started your Social Security income. Many people don't realize until it is too late to do anything about it that their IRA or 401K may also cause issues with their Social Security income. According to the Social Security Administration, about 56% of families will owe federal income tax on their benefits from 2015 through 2050.

Depending on whether you are single or married, there is a limit on the amount of income you can take in retirement before your Social Security starts getting taxed. Meaning, if you take money out of your Traditional IRA or 401(k) in retirement, above the thresholds set by the IRS, you will not only owe taxes on the money you withdrew, you may also owe taxes on up to 85% of your Social Security. The thresholds are not that high either. Here is how it works…

Take your adjusted gross income + any non-taxable interest you earn + half of your social security benefit and add it all up.

In 2020, if you are single, and that calculation is greater than $25K, you will owe taxes on your Social Security. Married couples start paying taxes on Social Security once that calculation reaches $32K.

So, What's the Answer?

If you're tired of borrowing from the IRS, consider a Roth IRA or the Roth 401(k).

While it doesn't have the attractive tax deductions this year, next year, or any year you make a contribution, it has tremendous tax benefits during retirement. First, you don't pay taxes on the contributions or earnings when withdrawn in retirement if the account has been open for at least 5 years.

If that's not enough, Roth IRA income doesn't count toward the Social Security or the Medicare premium thresholds, saving you even more money on taxes and helping to defuse more tax time bombs. You earn Social Security income plus take your desired Roth IRA withdrawals and you don't pay any taxes – talk about more money in your pocket.

Other Considerations

If keeping more money for yourself and not paying the IRS isn't enticing enough, here are a few other considerations.

Tax rates are incredibly low today. Will they stay there? The chances are slim. The low tax rates we see today are due to the Tax Cuts and Jobs Act. This Act expires in 2025. Given the spending rate thanks to COVID lately, tax rates will likely increase.

Why should you care about rising tax rates? If you contribute to a Traditional IRA or 401K, you pay taxes on your retirement withdrawals. Most people bank on the fact that they'll be in a lower tax bracket when they retire, and they might. But if tax rates increase, you may not be in a lower tax bracket and pay more taxes than you expected. Especially if you will also have to pay taxes on your Social Security as well because of your tax-deferred withdrawals. Many people, who have planned diligently, have income in retirement similar to what they had while they were working; without the benefit of all the deductions they enjoyed, like mortgage deductions and child credits.

For some people, the tax time bomb just keeps going off. Another ‘tax' people don't think about until they are paying it, is Medicare premiums. Medicare premiums work a lot like Social Security taxes and increase with your income. If your income exceeds certain thresholds, you will have to pay higher Medicare premiums. High-income seniors pay hefty Medicare Part B and Part D premiums. Roth withdrawals do not count toward these thresholds, yet another reason to use the Roth IRA in your financial planning.

The Final Explosion

The final tax bomb detonation happens when the first spouse passes. This is an unfortunate time in retirement and shouldn't come with more bad news, but it does for many. Often, the only income that passes with the first spouse is the couple's smaller Social Security check. Thus, leaving the surviving spouse with nearly the same income and in a much higher ‘filing single' tax situation. With the lower standard deduction and the increased tax brackets for those filing single, it can really put a widow/widower in a bad tax situation.

This is where the Roth IRA can also shed some welcome light, especially if the couple utilized the Roth in their financial planning and have minimized the tax bills in retirement. The Roth is able to be passed on to the surviving spouse (and eventually anyone) without any tax consequences. The income that is being produced by a Roth also won't be affected by any new tax bracket the widow/widower might find themselves in.

Stop Borrowing Money from the IRS

Here's the bottom line. Stop borrowing money from the IRS and just kicking that tax problem down the road. If you contribute to a Traditional 401K, do so only because you want the employer match. That's like free money – no one would tell you not to take it. But stop there. If your employer now offers the Roth 401(k), switch to this option. If they match in the Roth 401(k), even better!

Any other money you contribute to your retirement funds, contribute to a Roth IRA. You may pay taxes now because of it, but you'll earn greater benefits when you retire, and you may be able to stay under the thresholds for Social Security tax and higher Medicare premiums later. Wouldn't you rather have a few less dollars in your tax refund today and pay thousands of dollars less in taxes during your retirement?

Also consider lesser known strategies like the back-door Roth IRA or the Mega-Roth strategy. These may help you save even more in tax free accounts. Consider Roth conversion strategies as well but work with a qualified fiduciary financial advisor and/or tax advisor to determine if this is in your best interest before executing these strategies.

I don't know about you, but I want to have every dollar possible when I retire. I am also patriotic, but I don't have any desire to pay more in taxes than I am required to. You don't know what life's going to throw at you during those senior years. The more money you have available without tax liability, the better your chances of living the life you dreamt of living in retirement.
 

James Miller is the founder of Baobab Wealth and Baobab Wealth Abroad, and offers advisory services through Intervest International Inc., an SEC registered investment advisor. With 20 years of experience, Jimmy works with individuals and families to create financial plans that address their individual situations. He has a bachelor's degree in business administration and holds the CRPC (Chartered Retirement Planning Counselor) from the College for Financial Planning. Learn more about Jimmy by connecting with him on LinkedIn.

By: James Miller, CRPC – Anchorage, AK – (907) 317-8454

SOURCE: Baobab Wealth Management

ReleaseID: 598683

TORONTO, ON / ACCESSWIRE / July 27, 2020 / CordovaCann Corp. (CSE:CDVA)(OTCQB:LVRLF) ("Cordova" or the "Company"), a cannabis-focused consumer products company, is pleased to announce that its subsidiary, 2734158 Ontario Inc. ("273"), has opened two retail stores under the Star Buds brand name, representing the Barrie and Bradford locations in Ontario, Canada. Pursuant to the acquisition of the cannabis retail assets from Star Buds International Inc. ("Star Buds"), announced on April 9, 2020, Cordova will issue three million (3,000,000) common shares of the Company for each retail store opened for a total of six million (6,000,000) common shares.

"We are very happy to have opened two Star Buds retail stores in Canada in such a short time period," stated Taz Turner, Chairman and CEO of Cordova. "We look forward to continue executing on our business plan and expanding under the Star Buds brand throughout Canada."

All securities issued by the Company are subject to a statutory hold period of four months and a day under applicable Canadian securities laws. This press release does not constitute a solicitation or offering to purchase any securities of the Company. There are no fees being paid in relation to this transaction.

About CordovaCann Corp.
CordovaCann Corp. is a Canadian-domiciled company focused on building a leading, diversified cannabis products business across multiple jurisdictions including Canada and the United States. Cordova primarily provides services and investment capital to the processing and production vertical markets of the cannabis industry.

Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" under the provisions of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of the Company. All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable Canadian securities laws, including statements with respect to the Company's planned business activities, the anticipated benefits of the opening additional retail stores. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" , "believes", or variations or comparable language of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking information is necessarily based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including anticipated costs and ability to achieve business objectives and goals.

Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking information including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the Company's ability to retain key management and employees; intense competition and the Company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's public filings on EDGAR and SEDAR. Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company provides forward-looking information for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by applicable law.

Company Contact:
Taz Turner
Chief Executive Officer
taz@cordovacann.com
(917) 843-2169

SOURCE: CordovaCann Corp.

ReleaseID: 598919

VANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Black Tusk Resources Inc. ("Black Tusk" or the "Company) (CSE:TUSK)(OTC PINK:BTKRF)(Frankfurt:0NB) is pleased to announce that the company has completed line cutting in preparation for a 3D Induced Polarization (IP) survey on the McKenzie East gold property located north of Val d'Or, Quebec. A total of 9 kilometres of line-cutting grid was completed in order to provide access for the IP crew and associated equipment. Grid design was undertaken in collaboration between Black Tusk's geological crew and the contract geophysicist at Abitibi Geophysics based in Val d'Or.

The IP grid is located within the northwest area of the McKenzie East property. This area will be surveyed in order to trace possible gold-bearing structures extending eastward from the McKenzie Break property located within two kilometres of the Black Tusk claims. The McKenzie Break is documented to contain structurally controlled gold mineralization associated with anastomosing ductile shear zones. The reader is cautioned that resources that exist on adjacent properties are not necessarily indicative of potential on the Black Tusk – McKenzie East Project.

The IP survey will also add to the data collected so far on the project, including results of their recently completed MMI soil sampling. The results of the IP survey will be combined with the results of MMI soil sampling and the drone magnetic survey results to locate the best targets for diamond drilling. Drilling is expected to be underway in late Summer 2020.

The Company also announces that it has issued 2,100,000 stock options issued with an exercise price of $0.07 per share for a two-year term. 2,000,000 of the issued options were issued to directors and officers of the Company.

Perry Grunenberg, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Grunenberg is also a Director of the Company.

About Black Tusk Resources Inc.

Black Tusk Resources is a gold-focused Canadian exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Quebec. Black Tusk currently holds 100-per-cent ownership in six separate gold and platinum/palladium properties in Canada.

On behalf of the Board of Directors

Richard Penn
CEO
(778) 384-8923

Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law including statements relating to planned exploration activities and potential similarities with adjacent properties. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE, underwhelming results from exploration, failure to identify differences between the Company's properties and adjacent properties, issues with title and adverse land claims and insufficient financing. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedar.com.

SOURCE: Black Tusk Resources Inc.

ReleaseID: 598916