TORONTO, ON / ACCESSWIRE / August 19, 2020 / Theralase® Technologies Inc. ("Theralase" or the "Company") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds ("PDC") and their associated drug formulations to safely and effectively destroy various cancers, bacteria and viruses, announced today that the board of directors of Theralase has approved amendments to the Company's standard by-laws.

The amendments to the Company's standard by-laws include certain housekeeping amendments and updates to the general by-laws in order to better align with the current provisions of the Canada Business Corporations Act and corporate governance standards. The amended by-laws remain subject to the approval of the TSX Venture Exchange and will be put before shareholders at the Company's upcoming annual and special meeting of shareholders to be held on September 24, 2020 for approval.

About Theralase® Technologies Inc.

Theralase® is a clinical stage pharmaceutical company dedicated to the research and development of light activated Photo Dynamic Compounds and their associated drug formulations intended to safely and effectively destroy various cancers.

Additional information is available at www.theralase.com and www.sedar.com

Forward Looking Statement:

This news release contains "forward-looking statements" which reflect the current expectations of Company's management for future growth, results of operations, performance, business prospects and opportunities. Such statements include, but are not limited to, statements regarding the Company's proposed development plans with respect to Photo Dynamic Compounds and their drug formulations. Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "potential for" and similar expressions have been used to identify these forward-looking statements. These statements reflect management's beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions; including, with respect to the ability of the Company to: adequately fund, secure the requisite regulatory approvals to commence and successfully complete a Phase II NMIBC clinical study in a timely fashion and implement its commercialization plans. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements; including, without limitation, those listed in the filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedar.com). Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in the press release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise except as required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

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.

For More Information:

1.866.THE.LASE (843-5273)
416-699-LASE (5273)
www.theralase.com
Kristina Hachey, Chief Financial Officer
khachey@theralase.com 416-699-LASE (5273) x 224

SOURCE: Theralase® Technologies Inc.

ReleaseID: 602510

LOS ANGELES, CA AND NEWARK, NJ / ACCESSWIRE / August 19, 2020 / IDW Media Holdings, Inc. (OTCPINK:IDWM), an integrated media company, today announced that it will present at The LD 500 Virtual Conference on Tuesday, September 1, 2020.and Ezra Rosensaft, IDW's Chief Executive Officer, will provide an operational, strategic and financial overview of the company at 4:20 PM EDT on Track 3. He will also host one-on-one meetings with investors throughout the conference.

The LD 500 will take place on September 1st through the 4th. Interested investors can contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

About IDW Media Holdings:
IDW Media Holdings, Inc. (OTC PINK:IDWM) is an integrated multi-media company. IDW's businesses include IDW Publishing, a leading publisher of comic books and graphic novels and IDW Entertainment, a producer and distributor of franchise content through television and other media.

About LD Micro:
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

INVESTOR CONTACT:
IDW Media
Ezra Rosensaft
ezra@idwmh.com

SOURCE: IDW Media Holdings Inc.

ReleaseID: 602501

NORTHVALE, NJ / ACCESSWIRE / August 19, 2020 / ADM Tronics Unlimited, Inc. (OTCQB:ADMT), a technology-based developer and manufacturer of innovative technologies and products, announces results for its first fiscal quarter ended June 30, 2020 of Fiscal Year 2021.

ADM Tronics' first fiscal quarter ended June 30, 2020 encompassed a full three-month period impacted by the effects of the COVID-19 pandemic. ADMT took aggressive steps to minimize disruption of operations by securing Essential Manufacturer exemption from the statewide shutdown. This allowed continued research, development and manufacturing operations, throughout the quarter, while encompassing CDC safety guidelines. The Company established clerical activities remotely.

By maintaining full operational capability, ADMT's electronic segment manufacturing revenues increased over 86% to $288,062 for the quarter ended June 30, 2020 as compared to $154,767 for the same period last year. This was offset by revenues in engineering and chemical segments, combined, of $281,031 as compared to $676,054 for the same period last year, a decrease of 58%.

"Due to the pandemic, our first quarter was extremely challenging. Although many businesses shutdown or severely curtailed operations, we were steadfast in our efforts to persevere," stated Andre' DiMino, President of ADM Tronics. "That allowed us to increase our electronics segment revenue by over 86% compared to last year's first fiscal quarter. However, due directly to the effects of the pandemic on our customers, both our chemical and engineering segments posted reductions in revenues. Maintaining our commitment of advancing our proprietary developments, such as our Sonotron technology, we continued to invest in research and development. We are confident that, as the world emerges from this crisis, the investments made in our R&D, as well as our customers resuming demand for our products and services, we expect multiple avenues for substantial growth."

Revenues for the quarter ended June 30, 2020 were $569,093 as compared to $830,821 for the same period last year, a decrease of 31%. Net loss for June 30, 2020 was $115,736 as compared to net income of $52,769 for June 30, 2019. Complete financial results are available in the Company's Quarterly Report on Form 10Q for June 30, 2020, available at www.sec.gov.

Financial Highlights

 
Three Months Ended
 
 
Three Months Ended
 

 
June 30, 2020
 
 
June 30, 2019
 

Net Revenues

 
$ 
569,093
 
 
$ 
830,821
 

Cost of Sales

 
 
401,503
 
 
 
396,009
 

Gross Profit

 
 
167,590
 
 
 
434,812
 

Operating expenses:

Research and development

 
 
125,904
 
 
 
145,766
 

Selling, general and administrative

 
 
219,780
 
 
 
214,255
 

Depreciation and amortization

 
 
5,776
 
 
 
5,506
 

Total operating Expenses

 
 
351,460
 
 
 
365,527
 

Income (loss) from operations

 
 
(183,870
)
 
 
69,285
 

Total other income (expense)

 
 
13,634
 
 
 
5,484
 

Income (loss) before provision for taxes

 
 
(170,236
)
 
 
74,769
 

Benefit (provision) for income taxes:

Current

 
 
12,500
 
 
 
(1,000
)

Deferred

 
 
42,000
 
 
 
(21,000
)

Total benefit (provision) for income taxes

 
 
54,500
 
 
 
(22,000
)

Net income (loss)

 
$ 
(115,736
)
 
$ 
52,769
 

Net income per common share

 
$ 
(0.00
)
 
$ 
0.00
 

Weighted average shares of common stock outstanding – diluted

 
 
67,588,504
 
 
 
67,588,504
 

About ADMT

ADMT is a diversified, technology-based developer and manufacturer of innovative technologies and products. Its core competency is its ability to conceptualize a technology, bring it through development, into manufacturing and commercialization, all in-house. ADMT has three areas of activity: Proprietary Electronic Medical Devices; Design, Engineering, Regulatory and Manufacturing Services; and, Eco-Friendly, Safe, Water-Based Formulations. The Company's headquarters, laboratories, FDA-Registered medical device and manufacturing operations are located in Northvale, NJ. ADMT's multi-disciplinary team of engineers, researchers and technologists utilize advanced technology infrastructure, for the research, development and commercialization of diversified technologies. Additional information is available at admtronics.com

Except for historical information contained herein, the matters set forth in this news release are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995), including statements regarding future revenue growth and performance. Although ADMT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could contribute to such differences include those described from time to time in ADMT's filings with the SEC, news releases and other communications. The Company assumes no obligation to update the information contained in this news release.

Contact:
Andre' DiMino
201-767-6040 
andre@admtronics.com

SOURCE: ADM Tronics Unlimited, Inc.

ReleaseID: 602502

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Mawson Gold Limited ("Mawson" or the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce field programs are well underway, with diamond drilling commencing at its 100%-owned Sunday Creek gold project in the central Victorian goldfields of Australia. In addition, large geophysical surveys are ongoing at the Redcastle gold project.

Key points:

Diamond drilling has commenced at the Sunday Creek gold project in the Victorian Goldfields. The target is high-grade veining with associated mineralised halos, typical of epizonal-style gold mineralization at the Apollo-Golden Dyke prospect.

An initial 500 metre drill program is planned, after which the rig will immediately move to the Company's Redcastle project. A total program of 5,000 metres is planned for the remainder of 2020 in Victoria;
Historic gold mines at Sunday Creek occur over a greater than 11-kilometre trend. Modern drilling at Sunday Creek has focussed on shallow, previously mined surface workings, to an average of 80 metres depth. Selected historical drill results include:

CRC013: 21 metres @ 4.8 g/t gold from 9 metres including 2 metres @ 28.8 g/t gold from 15 metres, and VCRC022: 8 metres @ 11.3 g/t gold from 66 metres including 2 metres @ 40.3 g/t gold from 70 metres;

At Redcastle gradient array induced polarization ("IP") surveys are in progress, covering an area of 24 square kilometres which includes all historic workings. Dipole-dipole IP, ground magnetics and detailed gravity will also be undertaken at Redcastle, before crews move onto Sunday Creek to perform gradient IP, 3D IP and ground magnetics over the coming months.

At Redcastle, extremely high gold grades were mined over a 4.5 x 7 square kilometre area that contains over 24 historic mining areas, including the Welcome Group, that were exploited over a 2 kilometres strike length down to a maximum depth of 125 metres between the years ca. 1859-1865, producing 20,583 oz @ 254.6 g/t gold.

Mr. Hudson, Chairman and CEO, states: "Mr. Hudson, Chairman and CEO, states, "Exciting times with drilling commencing at Sunday Creek and project-scale geophysics revealing controls on high-grade mineralization at Redcastle, in our search for the next Fosterville-style epizonal high-grade gold deposit. Drilling will be ongoing in Victoria for the remainder of the year and we should see first results starting to flow during mid to late September."

Victoria has produced more than 80 million ounces of gold and has seen three booms: the 1850s, early 1900s, and the last three years. Two different styles of gold mineralization predominate in Victoria. The deep orogenic ("mesozonal") style and the shallow orogenic "epizonal" style. The mesozonal style is well represented in the Bendigo and Ballarat regions that are often represented by huge mineralizing systems containing abundant nuggety gold that are typically extremely difficult to accurately model in modern resource calculations. Mawson is sharply focused on the high-grade epizonal-style (i.e. Fosterville-style).

An initial 500 metre drill program is planned at Sunday Creek, after which the drill rig will immediately move to the Company's Redcastle project. A total drill program of 5,000 metres is planned for the remainder of 2020 in Victoria with a second rig planned to be added within 4-6 weeks.

The Sunday Creek project is a significant historic high-grade epizonal-gold mining area developed over multiple parallel zones over 11 kilometres of strike length. While the high-grade historic mines exist along these well-defined trends, limited systematic exploration has been undertaken within the larger 19,365 hectare project area. Drilling over 800 metres of strike-length, with a maximum average vertical depth of 80 metres has already taken place at the Golden Dyke-Apollo prospect area by previous operators. These historic drill results demonstrate high grade gold with selected holes including 8 metres @ 11.3 g/t gold from 66 metres including 2 metres @ 40.3 g/t gold. Trenching has also revealed broad low-grade oxide gold with one trench returning 166 metres @ 0.9 g/t gold.

Mawson acquired the Sunday Creek project on March 25, 2020 with the acquisition of EL6163 (5,822 hectares) and RL 6040 (300 hectares). A recent application of EL7232 (13,243 hectares) has extended the total land holding at Sunday Creek to 19,365 hectares. The project is an epizonal, Fosterville-style gold deposit located 56 kilometres north of Melbourne. Historically, the Golden Dyke Mine at Sunday Creek was one of the larger producers of gold in the Melbourne Zone of Victoria. Total production from the Sunday Creek goldfield is reported as 20,000 ounces gold at a grade of 16.9 g/t gold between 1865 and 1920. Gold mineralization is structurally controlled along multiple undrilled parallel trends within an 11 kilometre surface trend contains many historical epizonal-gold mines. At Golden Dyke, gold-grades within quartz-stibnite veins contained up to 120 g/t gold and 50% stibnite, while altered and stockworked diorite-dyke averaged 6 g/t gold outside of the high-grade veins. The epizonal-style Tonstal mine, located 8 kilometres north-east of the Golden Dyke mine extracted 2,814 tonnes at 23 g/t gold during the early 1900s, while the adjacent Tobin mine extracted 1.1 tonnes at 203 g/t gold in the late 1870s.

Trench sampling by CRA Exploration in the early 1980s at the Apollo prospect demonstrated extensive low-grade oxide gold over 166 metres at 0.9 g/t gold with results ranging from <0.04 g/t to 8.0 g/t gold, and including 30 metres @ 1.6 g/t gold. Two small drill campaigns tested the Golden Dyke-Apollo trend to 40-100 metres vertical depth over an 800 metre strike. In 1986, Ausminde Pty Ltd and Ausminde Holdings Pty Ltd (collectively "Ausminde") completed soil and rock chip sampling and undertook RC drilling in 1993 (29 RC drill holes). Beadell Resources Limited subsequently drilled at Golden Dyke-Apollo in 2008; 27 RC holes (4 with diamond drill tails) and 3 diamond drill holes. None of the drill or trench data have been independently verified at this time. The true thickness of the mineralized intervals is not known at this stage. Selected drill results with a 0.5 g/t and 5 g/t gold lower-cut from these two drill programs at Golden Dyke-Apollo included:

CRC013: 21 metres @ 4.8 g/t gold from 9 metres including 2 metres @ 28.8 g/t gold from 15 metres
VCRC022: 8 metres @ 11.3 g/t gold from 66 metres including 2 metres @ 40.3 g/t gold from 70 metres
VCRC011: 18 metres @ 4.5 g/t gold from 37 metres including 10 metres @ 7.1 g/t gold from 42 metres
VCRC007: 15 metres @ 4.5 g/t gold from 62 metres including 5 metres @ 11.2 g/t gold from 67 metres

Qualified Person

Michael Hudson (FAusMM), Chairman and CEO for the Company, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure or Mineral Projects and has prepared or reviewed the preparation of the scientific and technical information in this press release.

None of the drill and trench data have been independently verified by Mawson at this time. The historical data pre-date the implementation of NI 43 101 and are quoted for information purposes only. Drilling and trench information from Sunday Creek by CRA Exploration, Ausminde and Beadell Resources had a variety of assays and check assays reported in historical reports. It is reported that the primary analysis for gold was completed by fire assay with an atomic adsorption finish by NATA registered laboratories. XRF assays were used for antimony.

About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)

Mawson Resources Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold project in Finland. The Australian gold acquisition provides Mawson with a strategic and diversified portfolio of high-quality gold exploration assets in two safe jurisdictions.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, Chairman & CEO

Further Information
www.mawsonresources.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316,
infoatmawsonresources.com

Forward-Looking Statement

This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, timing of the updated resource on the Company's Finnish projects, the Company's expectations and timing of the resource expansion and definition program at Rajapalot, Finland, timing and successful completion of the geophysics and drill programs planned at Redcastle and Sunday Creek, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, the potential impact of epidemics, pandemics or other public health crises, including the current outbreak of the novel coronavirus known as COVID-19 on the Company's business, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

SOURCE: Mawson Gold Limited

ReleaseID: 602486

LIMA, PERU / ACCESSWIRE / August 19, 2020 / Intercorp Financial Services Inc. ("IFS" or the "Company") (NYSE:IFS)(BVL:IFS) announced today that the Lima Stock Exchange ("BVL") has confirmed that IFS will remain as a constituent of the Good Corporate Governance Index (Índice de Buen Gobierno Corporativo – S&P/BVL IBGC, or the "Index") for a third consecutive year.

The Index recognizes companies with the best corporate governance standards in Peru, in accordance with a rigorous selection process run by the BVL, thereby including the Company within a select group of 9 out of 260 listed companies that comprise the Index for the 2020 – 2021 period.

IFS reaffirms its commitment to offer the best corporate governance standards and maintain transparent and consistent communications with its stakeholders.

About the Company:

Intercorp Financial Services, Inc. ("IFS"), is a company incorporated under the laws of the Republic of Panama, and has securities listed on the Lima Stock Exchange and the New York Stock Exchange. IFS is a leading provider of financial services in Peru. IFS' main subsidiaries are Banco Internacional del Perú, S.A.A.-Interbank ("Interbank"), Interseguro Compañía de Seguros, S.A. ("Interseguro") and Inteligo Group Corp. ("Inteligo"). Interbank is a full-service bank providing general banking services to retail and commercial customers. Interseguro is a leading insurance company, providing annuities, individual life insurance, disability insurance and survivor benefits, and mandatory traffic accident insurance. Inteligo is a fast-growing provider of wealth management services through Inteligo Bank Ltd. and Interfondos, as well as brokerage services through Inteligo SAB.

For more information, please visit www.ifs.com.pe, or contact us:

Mr. Ernesto Ferrero, Investor Relations Officer
eferrerom@intercorp.com.pe
Tel: (511) 219-2000 x. 29025

Intercorp Financial Services Inc.
Torre Interbank, Carlos Villaran 140
Lima 13, Peru

Mr. Alfredo Zurita, Investor Relations
azurita@intercorp.com.pe
Tel: (511) 219-2000 x. 29029

Mr. Jorge Orihuela, Investor Relations
jorihuelao@intercorp.com.pe
Tel: (511) 219-2000 x. 29028

SOURCE: INTERCORP FINANCIAL SERVICES INC. via EQS Newswire

ReleaseID: 602493

HONOLULU, HI / ACCESSWIRE / August 19, 2020 / bitFlyer USA, has announced that its cryptocurrency exchange will soon be available to customers in Hawaii.

The exchange will be offered in the Hawaii through the newly formed Digital Currency Innovation Lab, a partnership formed between the state of Hawaii's Department of Financial Institutions and Hawaii Technology Development Corporation (HTDC). The pilot program is the first regulatory sandbox of its kind in the state and will allow cryptocurrency service providers to do business in Hawaii without obtaining a state money transmitter license for a period of two years.

Hawaii residents will now have the ability to easily buy and sell bitcoin and other cryptocurrencies with USD through bitFlyer's intuitive "Direct Buy/Sell" platform, as well as their iOS or Android mobile apps.

Additionally, bitFlyer Lightning, the exchange's professional-grade trading platform, is available for sophisticated traders and institutional investors.

Yuzo Kano, CEO / Founder of bitFlyer USA, said: "Since many Japanese people live in or travel to Hawaii, it is the state that serves as a bridge between Japan and the US. Offering our service here is very significant as an exchange that originates in Japan. We are very happy to see Hawaiians using the world's best cryptocurrency exchange."

As the only exchange in the world licensed to operate in the US, Japan, and Europe, and the fourth exchange to receive the New York BitLicense, bitFlyer has been at the forefront of regulatory partnerships since its founding, and is excited to join the State of Hawaii in promoting innovation. The program will create a secure environment for Hawaii residents looking to access cryptocurrencies in a safe way, and will also provide regulators with the right tools and insights to develop thoughtful regulations.

Len Higashi, acting executive director of HTDC, added, "We congratulate bitFlyer on its successful admission into the Digital Currency Innovation Lab. We look forward to its participation to create a more vibrant virtual currency community in Hawaii."

The sandbox initiative marks the return of crypto exchanges to Hawaii, with the ultimate goal of seeing exchanges such as bitFlyer promoted to full licensees in the future.

Joel Edgerton, COO of bitFlyer USA, said: "We are happy to partner with the State of Hawaii to bring our world-class services here. Now residents in Hawaii have access to a trusted, licensed exchange to support their Bitcoin and cryptocurrency trading."

Launched in San Francisco in 2017, bitFlyer USA now operates in 48 states and territories. bitFlyer, Inc. was formed in Tokyo in 2014 and has been Japan's largest exchange by volume for many years, with millions of customers around the globe.

About bitFlyer USA: bitFlyer USA is a subsidiary of bitFlyer Holdings, Inc., a leading bitcoin and blockchain company based in Japan. Its US office is located in San Francisco, California, where bitFlyer USA operates an exchange platform for US traders to buy and sell bitcoin and other digital currencies for US dollars safely, with low fees and latency. bitFlyer USA is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

CONTACT:
Dan Edelstein
pr@marketacross.com
+972-545-464-238

SOURCE: bitFlyer

ReleaseID: 602397

TORONTO, ON / ACCESSWIRE / August 19, 2020 / SusGlobal Energy Corp. (OTCQB:SNRG), the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer, today announced financial results for the second quarter ended June 30, 2020 and provided an update on its operational progress.

Recent Highlights

On May 27, 2020, the Company commenced The Ydro Process® integration into the existing operations at the Organic Waste Processing and Composting Facility of its wholly owned subsidiary SusGlobal Energy Belleville Ltd. applying the Ydro Series® Microorganisms product once during the preparation stage of the batches in the appropriate Gore® system windrows and continues to see positive results.

On July 16, 2020, the Company received a Certificate of Registration from the United States Patent and Trademark Office ("USPTO") for the trademark LEADERS IN THE CIRCULAR ECONOMY (the "Mark"). The Mark was registered under Registration Number 6,098,063 on July 7, 2020 on the Supplemental Register. The registration will be in effect for an initial term of ten years, expiring on July 7, 2030, with the option of renewing the registration for successive ten-year terms. Now that the Mark is registered, it is permitted to use indicia of registration (e.g. ®, or phrases such as "Reg. U.S. Pat. and T.M. Office").

Revenue remained relatively flat during the second quarter of 2020 in the amount of $382,639 compared to the second quarter of 2019 in the amount of $381,834, including the new revenue from the Company's new garbage collection and landfill management operations, in the amount of $49,544.

During the second quarter of 2020, the Company finalized the purchase price allocation related to the business acquisition of 1684567 Ontario Inc. ("1684567"), which closed on May 28, 2019.

"We continue to process municipal organic waste streams, diverting them from landfills, while producing regenerative products as part of our Circular Economy model. We have confidence in a revenue ramp up for next year," said Marc Hazout, Executive Chairman, President and CEO of SusGlobal Energy Corp. "Our goal is to increase revenue and cash flow as quickly as possible to payoff all outstanding convertible notes, increasing shareholder value with an objective to up-list to a major exchange."

Unaudited 2020 Second Quarter Financial Results

For the second quarter ended June 30, 2020, SusGlobal recorded:

Revenue of $382,639.

Cost of sales of $316,815.

Operating expenses of $526,296 (GAAP), comprised of $283,409 of interest expenses, $107,887 of professional fees, $49,825 of management compensation, $84,635 of foreign exchange income, and $169,810 of other expenses, including, office and administration, amortization of financing fees, rent and occupancy and other operating expenses.

During the second quarter, the land option the Company acquired on the business acquisition of 1684567 had expired and was written off.

Net loss of $323,171, or $0.01 loss per share- basic and diluted.

Adjusted EBITDA (a non-GAAP financial measure) income of $114,779.

$5,166,750 in total assets at the end of the second quarter, with total liabilities of $9,203,951

About SusGlobal Energy Corp.

SusGlobal Energy Corp. (OTCQB: SNRG) the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer is a renewables company focused on acquiring, developing and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative products application globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as Leaders in The Circular Economy™. For more information, please visit the Company's website at: www.susglobalenergy.com

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.

– Financial Tables Follow –

SusGlobal Energy Corp.
Interim Condensed Consolidated Balance Sheets
As at June 30, 2020 and December 31, 2019
(Expressed in United States Dollars)
(unaudited)

 
June 30, 2020
 
 
December 31, 2019
 

ASSETS

Current Assets

Cash and cash equivalents

 
$
12,637
 
 
$
7,926
 

Restricted cash-funds held in trust

 
 
–
 
 
 
467,798
 

Trade receivables

 
 
115,454
 
 
 
121,276
 

Government remittances receivable

 
 
39,118
 
 
 
38,578
 

Other receivables

 
 
–
 
 
 
20,624
 

Inventory

 
 
–
 
 
 
5,389
 

Prepaid expenses and deposits

 
 
68,461
 
 
 
46,028
 

Total Current Assets

 
 
235,670
 
 
 
707,619
 

Intangible Assets

 
 
242,988
 
 
 
237,271
 

Long-lived Assets, net

 
 
4,688,092
 
 
 
4,762,453
 

Total Assets

 
$
5,166,750
 
 
$
5,707,343
 

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current Liabilities

Accounts payable

 
$
964,477
 
 
$
958,313
 

Government remittances payable

 
 
116,201
 
 
 
35,187
 

Accrued liabilities

 
 
531,473
 
 
 
487,592
 

Advance

 
 
–
 
 
 
3,255
 

Deferred revenue

 
 
6,441
 
 
 
9,239
 

Current portion of long-term debt

 
 
5,476,357
 
 
 
5,793,677
 

Current portion of obligations under capital lease

 
 
420,063
 
 
 
218,069
 

Convertible promissory notes

 
 
1,556,855
 
 
 
1,406,029
 

Loans payable to related party

 
 
73,380
 
 
 
–
 

Total Current Liabilities

 
 
9,145,247
 
 
 
8,911,361
 

Long-term debt

 
 
58,704
 
 
 
–
 

Total Long-term Liabilities

 
 
58,704
 
 
 
–
 

Total Liabilities

 
 
9,203,951
 
 
 
8,911,361
 

Stockholders' Deficiency

Preferred stock, $.0001 par value, 10,000,000 authorized, none issued and outstanding

Common stock, $.0001 par value, 150,000,000 authorized, 64,329,157 (December 31, 2019- 51,784,504) shares issued and outstanding

 
 
6,435
 
 
 
5,180
 

Additional paid-in capital

 
 
8,544,263
 
 
 
7,450,091
 

Subscriptions payable

 
 
13,000
 
 
 
–
 

Stock compensation reserve

 
 
–
 
 
 
1,000,000
 

Accumulated deficit

 
 
(12,534,941)
 
 
 
(11,449,497
)

Accumulated other comprehensive loss

 
 
(65,958)
 
 
 
(209,792
)

Total stockholders' deficiency

 
 
(4,037,201)
 
 
 
(3,204,018
)

Total Liabilities and Stockholders' Deficiency

 
$
5,166,750
 
 
$
5,707,343
 

SusGlobal Energy Corp.
Interim Condensed Consolidated Statements of Operations and Comprehensive Loss
For the three-month periods ended June 30, 2020 and 2019
(Expressed in United States Dollars)
(unaudited)

 
For the three-month periods ended
 

 
June 30, 2020
 
 
June 30, 2019
 

Revenue

 
$
382,639
 
 
$
381,834
 

Cost of Sales

Opening inventory

 
 
4,071
 
 
 
26,409
 

Depreciation

 
 
121,158
 
 
 
101,072
 

Direct wages and benefits

 
 
85,063
 
 
 
59,667
 

Equipment rental, delivery, fuel and repairs and maintenance

 
 
96,854
 
 
 
104,916
 

Utilities

 
 
7,963
 
 
 
32,695
 

Outside contractors

 
 
1,706
 
 
 
4,597
 

 
 
316,815
 
 
 
329,356
 

Less: closing inventory

 
 
–
 
 
 
(24,738
)

Total cost of sales

 
 
316,815
 
 
 
304,618
 

Gross profit

 
 
65,824
 
 
 
77,216
 

Operating expenses

Management compensation-stock- based compensation

 
 
–
 
 
 
332,500
 

Management compensation-fees

 
 
49,825
 
 
 
80,740
 

Marketing

 
 
(2,917)
 
 
 
(33,323
)

Professional fees

 
 
107,887
 
 
 
72,269
 

Interest expense and default payments

 
 
283,409
 
 
 
150,407
 

Office and administration

 
 
77,000
 
 
 
67,834
 

Rent and occupancy

 
 
28,763
 
 
 
34,820
 

Insurance

 
 
23,921
 
 
 
13,951
 

Filing fees

 
 
8,266
 
 
 
16,414
 

Amortization of financing costs

 
 
30,471
 
 
 
53,768
 

Directors' compensation

 
 
1,853
 
 
 
9,748
 

Repairs and maintenance

 
 
2,453
 
 
 
2,493
 

Foreign exchange income

 
 
(84,635)
 
 
 
(21,454
)

Total operating expenses

 
 
526,296
 
 
 
780,167
 

Net Loss from operating activities

 
 
(460,472)
 
 
 
(702,951
)

Land option expired

 
 
(58,704)
 
 
 
–
 

Net loss before deferred taxes recovery

 
 
(519,176)
 
 
 
(702,951
)

Deferred taxes recovery

 
 
196,005
 
 
 
–
 

Net Loss

 
 
(323,171)
 
 
 
(702,951
)

Other comprehensive loss

Foreign exchange loss

 
 
(157,805)
 
 
 
(49,972
)

Comprehensive loss

 
$
(480,976)
 
 
$
(752,923
)

Net loss per share-basic and diluted

 
$
(0.01)
 
 
$
(0.02
)

Weighted average number of common shares outstanding- basic and diluted

 
 
63,853,597
 
 
 
42,460,795
 

SusGlobal Energy Corp.
Interim Condensed Consolidated Reconciliation of Non-GAAP Information
For the three-month periods ended June 30, 2020 and 2019
(Expressed in United States Dollars)
(Unaudited)

 
For the three-month periods ended
 

 
June 30, 2020
 
 
June 30, 2019
 

Net loss (GAAP)

 
$
(323,171)
 
 
$
(702,951
)

Add the following items:

Interest expense

 
 
283,409
 
 
 
150,407
 

Depreciation and amortization

 
 
124,070
 
 
 
105,546
 

Stock-based compensation and shares issued for professional services

 
 
–
 
 
 
332,500
 

Amortization of financing costs

 
 
30,471
 
 
 
53,768
 

Adjusted EBITDA (non-GAAP)

 
$
114,779
 
 
$
(60,730
)

Contact

SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com

SOURCE: SusGlobal Energy Corp.

ReleaseID: 602478

The U.S. Government's "Largest Ever Seizure Of Cryptocurrency In The Terrorism Context"

WASHINGTON, DC / ACCESSWIRE / August 19, 2020 / On August 13, 2020, the U.S. government announced that it had seized about $2 million in Bitcoin and other types of cryptocurrency from accounts that had sent or received funds for three foreign terrorist organizations: Al-Qaeda, ISIS, and Hamas's Al-Qassam Brigades. Also seized were over 300 cryptocurrency accounts, four websites, and four Facebook accounts associated with cryptocurrency schemes. The action involved the U.S. Department of Justice, IRS Criminal Investigation, the Departments of Treasury and Homeland Security, as well as the FBI. According to the Department of Justice announcement, this was "the government's largest-ever seizure of cryptocurrency in the terrorism context" and involved "the solicitation of cryptocurrency donations from around the world."

Seizure Follows Publication Of MEMRI CJL Report On Terrorist Use Of Cryptocurrency

This government action against the terrorist groups followed the publication of research by the MEMRI Cyber Jihad Lab (CJL), which was established 15 years ago. It came a year after the publication, in August 2019, of the CJL's seminal report, The Coming Storm: Terrorists Using Cryptocurrency, documenting two years of research, led by MEMRI Executive Director Steven Stalinsky and the MEMRI Jihad and Terrorism Threat Monitor (JTTM) team, on jihadi use of cryptocurrency, including in fundraising campaigns for purchasing weapons and supporting jihad.

MEMRI was the first organization to publish research on this subject and to conduct briefings on it at the highest level of the U.S. government and worldwide. Since the report's release, MEMRI has been briefing government agencies in the U.S. and abroad on its contents, including the Department of the Treasury, and has also continued to publish reports on the subject.

The MEMRI CJL report includes a preface by Lt.-Gen. (ret.) Vincent R. Stewart, former Deputy Commander of the United States Cyber Command and current Special Advisor and Chairman of the MEMRI Board of Advisors. In his preface, he wrote: "This study is the first significant research of its kind to show the scope of cryptocurrency use by terrorist organizations and their supporters, for fundraising and for financing attacks, purchasing equipment, supporting fighters and their families, and more. MEMRI research shows that over the past five years, this has developed from encouragement on jihadi blogs to donate "millions of dollars" in bitcoin to ISIS, Al-Qaeda, Hamas, the Muslim Brotherhood, and many others to terrorist groups and their supporters soliciting donations in various cryptocurrencies on social media." (Read the report here.)

U.S. Officials: The Government's Actions Deprive Terrorists Of Millions Of Dollars

On the dismantling of the terrorist cryptocurrency financing John Demers, assistant attorney general for the Justice Department's National Security Division, said: "Today's actions deprive Hamas, Al-Qaeda, and ISIS of millions of dollars they solicited to buy weapons and train terrorists. By raising cryptocurrency on social media, these terrorists tried to bring terrorist financing into the current age. But these actions show that law enforcement remains a step ahead of them."

Attorney General William Barr said: "Our enemies use modern technology, social media platforms and cryptocurrency to facilitate their evil and violent agendas… We will prosecute their money laundering, terrorist financing and violent illegal activities wherever we find them." Treasury Secretary Steven T. Mnuchin said: "Terrorist networks have adapted to technology, conducting complex financial transactions in the digital world, including through cryptocurrencies… Today's actions demonstrate our ongoing commitment to holding malign actors accountable for their crimes."

ABOUT MEMRI

Exploring the Middle East and South Asia through their media, (MEMRI) bridges the language gap between the West and the Middle East and South Asia, providing timely translations of Arabic, Farsi, Urdu-Pashtu, Dari, and Turkish media, as well as original analysis of political, ideological, intellectual, social, cultural, and religious trends.

Founded in February 1998 to inform the debate over U.S. policy in the Middle East, (MEMRI) is an independent, nonpartisan, nonprofit, 501(c)3 organization. MEMRI's main office is located in Washington, DC, with branch offices in various world capitals. MEMRI research is translated into English, French, Polish, Japanese, Spanish and Hebrew.

Please support MEMRI today to help us continue to provide such timely translations and research. Your donation is 100% tax-deductible. You may donate online at www.memri.org/donate, mail a check to MEMRI, P.O. Box 27837, Washington, DC 20038-7837, or phone us at 202-955-9070.

Cyber & Jihad Lab (CJL) – https://www.memri.org/cjlab

Contact Information:

MEMRI
media@memri.org
202-955-9070
www.memri.org

SOURCE: Middle East Media Research Institute

ReleaseID: 602473

In a recent interview, Aleksia Kainovic shared what she has learned so far throughout her career

CHICAGO, IL / ACCESSWIRE / August 19, 2020 / Aleksia Kainovic was recently featured in a one-on-one interview with Thrive Global. She spoke primarily about the rewards of helping people through difficult situations.

With five years of experience, Aleksia Kainovic is a tax preparer at her family's H&R Block franchise. She is currently studying Economics at American University.

In her interview, Aleksia explained how when she started working as a tax preparer, she was surprised by the loyalty of clients who returned year after year to her family's business to prepare their taxes. She further explained how tax preparation can be a challenging industry as there are many changes to tax laws that professionals constantly must be aware of in addition to technological changes.

She further shared some advice for those starting out in her industry.

"Be prepared for fluctuations in the business cycle. There are slow seasons and there are peak seasons. During slow seasons, you can get a little accustomed to the decline in pace, and then all of a sudden you are hit with a tsunami and you don't have a chance to breathe," said Aleksia Kainovic.

"Be prepared to be busy, but don't get too comfortable when it's slow. Use that time to learn more about the industry."

Aleksia also explained what success means to her.

"Success for me is being able to help people that are stuck in difficult situations, like getting a letter from the IRS," explained Aleksia Kainovic.

"It usually makes people really nervous. Assuring them that I'm going to do my best to try to help them solve the issue makes me feel like I'm not only a tax preparer, but a support system for them."

About Aleksia Kainovic

Born in Chicago, Illinois, Aleksia Kainovic is an Economics student at American University in Washington, DC. For the past five years, she has worked as a tax preparer at her family's H&R Block franchise. Her family has been involved in tax preparation for more than 30 years. Aleksia is intrigued by economics, as the field will allow her to expand her expertise beyond tax and accounting fields to additional areas including data science or economic policy and analysis.

Contact

Aleksia Kainovic
aleksiakainovic@gmail.com
https://www.linkedin.com/in/aleksia-kainovic-976795153

SOURCE: Aleksia Kainovic

ReleaseID: 602472

Company to discuss recent acquisition of Northern Panther Resource Corp. and appointment of Senior Mining Industry Professional Mr. George Bee as President

LOS ANGELES, CA / ACCESSWIRE / August 19, 2020 / U.S. Gold Corp. (NASDAQ:USAU) (the "Company"), a gold exploration and development company, today announced that it will be presenting at the 12th Annual LD 500 Conference on Tuesday, September 1, 2020 at 9:40 AM ET. Mr. Edward Karr, Chief Executive Officer, will present virtually to an online audience.

Mr. Karr will provide an overview of the Company and an update on its exploration programs, including the CK Gold Project in Wyoming, Keystone in Nevada and the recently announced acquisition of Northern Panther and its principal asset, the Challis Gold Project in Idaho.

Register here: https://ld-micro-conference.events.issuerdirect.com/

Webcast: https://www.webcaster4.com/Webcast/Page/2019/36052

"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space," stated Chris Lahiji, Founder of LD.

The LD 500 will take place on September 1st through the 4th.

View U.S. Gold's profile here: http://www.ldmicro.com/profile/USAU

Profiles powered by LD Micro – News Compliments of Accesswire

About U.S. Gold Corp.

U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration company. U.S. Gold Corp. has a portfolio of exploration properties. Copper King is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates. Keystone and Maggie Creek are exploration properties on the Cortez and Carlin Trends in Nevada. The Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please visit www.usgoldcorp.gold

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Contact:

U.S. Gold Corp. Investor Relations
+1-800-557-4550
ir@usgoldcorp.gold

Source: U.S. Gold Corp. via LD Micro

ReleaseID: 602444