Monthly Archives: August 2020

How Ultraviolet Light Protects us From Covid-19

ZHUZHOU, CHINA / ACCESSWIRE / August 19, 2020 / As society tries to rebound from the coronavirus pandemic, some scientists hope a decades-old technology could zap pathogens out of the air in stores, restaurants and classrooms, potentially playing a key role in containing further spread of the infection.

It has the ungainly name of upper-room ultraviolet germicidal irradiation, and it is something like bringing the power of sunlight indoors.

Ultraviolet light mangles the genetic material in pathogens – DNA in bacteria and fungi, RNA in viruses – preventing them from reproducing. "You've killed it essentially," said William Bahnfleth, a professor of architectural engineering at Pennsylvania State University.

Over the past few months, it has been shown that exposure to UV lighting can help to slow the spread of the virus thereby killing it faster. A form of natural UV light comes from the sun which is why our society has been encouraged to spend more time outside. However, during workday and school year, that is not always a possibility.

Dentistry, labelled as the highest-risk profession in COVID-19 times because of the aerosol spread in the clinic, has forced dental professionals to look for tools that guarantee total elimination of the virus risk. Among the various technologies being considered, ultraviolet light (UV-C) disinfection has gained favour due to its efficacy against a broad range of microbial and viral agents found in a variety of environments.

The ultraviolet light works by penetrating the DNA of coronaviruses before killing it through radiation within 90 seconds.

James Devereux, managing director of a company that has supplied dental solutions for UK dental practices for many years, said dental surgeries are particularly at disadvantage due to the type of work they do with procedures – potentially leaving coronavirus lingering in the air for up to three hours.

This has prompted the government to insist on one hour gaps – known as fallow times – between appointments so surgeries can clean and prevent the spread of the virus.

"The government dictating fallow times is killing dental surgeries commercially," Mr Devereux said.

Recognizing this, UVC lamp maker Wavelane Technology is taking a leadership role in creating a pathogen elimination response to this global challenge. Its patented eletrodeless UVC technology helps protect dentists by reducing surface contamination and creating air disinfection methods to help contain delineated safe breathing zones. CK1000 UVC sterilizer, the latest uv disinfection product from Wavelane, could reduce fallow time in some dental surgeries from 60 minutes to just 60 seconds.

You just need turn on a small stainless steel machine and leave the room and within two minutes everything is clean.

Skjalg Johnsen, who runs the Clarendon Dental Practice, said: "Before we had to clean the surgery and wait an hour between appointments – it was very difficult for us."
"We were getting to the point where we didn't know what to do. Patients were expecting to see us. It looked like we were going to have to work all hours to see everyone.
"But the technology offered a way around the problem so we didn't need to have one hour fallow times – it has saved us."

"We put the machine on in two different positions to make sure it reaches all areas of the room."

"After waiting outside for two minutes it is finished having killed all bacteria and viruses."

He added: "It has been scientifically proven for decades that ultraviolet light kills germs but the ozone gas has now been blocked out which is why it was not used before."

"Even after Covid-19 I will keep using ck1000 uv germicidal lamp because it keeps my staff and patients safe."

Besides dentistry, UVC lamps is also helping hotel industry fight against coronavirus. For guests checking into a hotel, they might be staying in rooms that have been disinfected by UVC light.

"We really shifted our focus to investing in latest disinfection technologies to further protect our guests and staff more than we already were," Amir Lopez, one of the hotel's executives in Poland, told us. "In addition to the rooms themselves, guests' luggage and packages will also be sanitized using the UV lamp."

Recently, the CMA laboratory tested CK1000 UVC sterilizer against SARS-COV2, the virus that causes COVID-19. The patented electrode-less microwave-powered tubes of CK1000 emit a massive 5mj/cm2 of UVC energy which can inactivate SARS-Cov-2 within 6 seconds at one meter distance. CK1000 UVC sterilizer ensures the whole room is irradiated as quickly as possible and it can finish disinfection of 50㎡ area within 7.5 min.

Although the new school year is months away, plans, such as purchasing UV lamp, are in the works right now to make sure the coronavirus doesn't interrupt the classroom again. When students return to Wilson Municipal School, it'll feel a lot different.

According to Superintendent Harper Smith, the district has medically fragile students at each campus, and keeping frequently touched surfaces in classrooms clean and sanitized will be a difficult task for custodial staff.

"We know we will need to clean and sanitize more frequently, so we found the best equipment to help our staff keep our building clean for our students," he said.

"As a member of the Wilson Municipal Schools Board of Education, and even more so as a mom to children attending school, I would like to see schools open as safely as possible. After much research, the board has chosen to purchase the most effective and safest machines to help keep our facilities as clean and sanitized as possible for our students and staff. We, as a board, want to do whatever we can to make our students and staff feel safe at school, and I believe these machines will help us accomplish this goal," said board member David Gill.

Advantages of Wavelane CK1000 UVC sterilizer:

Efficient.It takes only 7.5min to disinfect 50㎡ room.
Movable. Easy to move it to any corner of the clinic.
Suitable for large space. One machine is enough for disinfection of office, classroom, clinic, hotel, etc.
No harmful residue.
Long lifetime. Up to 50,000 hours, almost 10 times over normal UV tube.
12s delay switch which keepspeoplefrom exposure to UV.
Variable timer for various needs.
"Ding" signal at the end of disinfection.

For more information about Wavelane CK1000 UVC sterilizer, please visit www.wavelane-uvdisinfection.com.

CONTACT:

Company: Zhuzhou Wavelane Technology Co., Ltd.
Contact: Darren Wang
Telephone: +8613537682127
Email: wangchungen@megmeet.com
Website: https://www.wavelane-uvdisinfection.com

SOURCE: Zhuzhou Wavelane Technology Co., Ltd.

ReleaseID: 602439

Collection of Projects for “IMTA Mountain Tourism Awards” 2020 kicks off

GUIYANG, CHINA / ACCESSWIRE / August 19, 2020 / To extract the essence of global mountain tourism, explore methods of operation and management innovation, firm up the goal of sustainable development, a platform is created of win-win cooperation for the long-term development of mountain tourism. The International Mountain Tourism Alliance (IMTA), the world's only international mountain tourism organization, has set up the "IMTA Mountain Tourism Awards" as the times require. Through the event, IMTA aims to organize and integrate current mountain tourism products and resources, establish models in segments, boost industry upgrading, and drive tourism investment and consumption through capital and technology empowerment. Guided by the concept of innovation, green, ecology, and sustainability, the event would lead mountain tourism development, clearly convey the responsibility and values of mountain tourism practitioners. It advocates that tourism behavior should explore and pursue a healthy life, revere nature, respect culture, and stay in harmony with nature to promote the green, ecological, high-quality, and sustainable development of mountain tourism.

The jury of the "IMTA Mountain Tourism Awards" 2020 consists of over ten tourism and interdisciplinary experts worldwide. The awards include(tentatively) the "Mountain Tourism Sustainable Development Award," the "Mountain Tourism Destination Award," the "Mountain Tourism Ecological Civilization Award," the "Mountain Culture Protection and Inheritance Award," and the "Mountain Hiking Route Award." Through the organizer's orderly operation and professional media participation, the event will smooth channels of global mountain tourism project exchanges and integrate resources of international mountain tourism organizations. And it will establish the "IMTA Mountain Tourism Award" international project recruitment team, bring together quality resources, boost the confidence in the recovery of mountain tourism after the pandemic, and form leading and demonstrative effects in the industry.

The winner list will be released during the "2020 Annual Conference of International Mountain Tourism Alliance" in mid-October. The project collection has kicked off as scheduled. We expect global mountain tourism practitioners to participate in the event to seek joint development and a bright future.

Company Name:IMTA
Person:Maggie Meng
info@imtaweb.org
Phone: (0086)851-85557227
Website: http://www.imtaweb.net/en/index.shtml

SOURCE: IMTA

ReleaseID: 602438

Quanta Announces Second Quarter 2020 Results

BURBANK, CA / ACCESSWIRE / August 19, 2020 / Quanta, Inc. (OTC PINK:QNTA), an applied sciences company based on a quantum biology platform that significantly boosts the potency and efficiency of any plant-based matter, today announced that it has filed its June 30, 2020 10-Q with the Securities and Exchange Commission with an update on Second Quarter 2020 results.

Financial 2020 Highlights:

Total reported revenues of $318,000, even with Q2 2019
Gross Margin of 77.7% compared to 68.2%, nearly 100 basis points of improvement year-over-year due to production efficiencies
Net loss of $(1.86 million), or $(0.03) loss per share, compared to net loss of $(1.91 million), or $(0.05) loss per share
Cash used in operations was $849,000 compared to $466,000 in the prior year's period
$850,000 in net debt as of 6/30/2020

Operating Highlights:

Launched molequle branded product line for on-line sales
Subsequent to quarter-end announced first commercial revenues from RST Sanexas for Quanta Muscle Rub
Subsequent to quarter-end announced new channel to market Quanta Direct to add virtual doctor office visit platform sales with partner

Eric Rice, Chief Executive Officer of Quanta commented, "While COVID-19 continues to create challenges for every business, including ours, we made good progress in executing our growth plans during the second quarter of 2020. We have added key personnel, partnerships, and preparations to re-emerge from this global pandemic as a stronger and better company. While second quarter 2020 sales were negatively impacted by COVID, for the year to date we're still running at a 20% growth rate above last year. We have seen an uptick in sales in July and thus far in August, led by healthy increases in wholesale and direct to consumer accountss, getting back on track to a year of exciting growth for Quanta."

"With the launches of new products, molequle, Quanta Direct, and increased contribution from partnerships that we have and that we anticipate in the future, we have set ourselves up for an exciting close to 2020 and beyond," concluded Mr. Rice.

The June 30, 2020 10-Q filing in full with financial tables is accessible at www.sec.gov.

About Quanta:

Quanta, Inc. ("Quanta") is a cutting-edge technology platform whose patented, proprietary technology harnesses advances in quantum biology to increase the potency of active ingredients. Currently, Quanta supports product formulations in pain management, anti-inflammation, skincare, anti-aging, nutritional supplements, and plant-based consumables. Ultimately, Quanta's mission is to deliver better, more effective ingredients to elevate product efficacy, reduce waste and facilitate healthier, more sustainable consumption.

The established resonance theory behind Quanta's polarization process has many potential applications. From potentiating bio-ingredients to produce more-effective carbon-trapping plants to transformative anti-aging solutions Quanta's technology has the opportunity to upend how commercial products are made and the benefits from them. Already we see multi-trillion-dollar global industries benefiting from Quanta's technology. You can find more about Quanta at https://buyquanta.com/.

Forward-Looking Statements

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of management's goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "will," "should," "could," and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's filings with the Securities and Exchange Commission and statements in this release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Contacts:

Darrow Associates, Inc.
Peter Seltzberg, Managing Director, IR
pseltzberg@darrowir.com
(516) 419-9915
www.IR.BuyQuanta.com

SOURCE: Quanta

ReleaseID: 602437

Evolutionary Genomics Announces Partnership with Dole Food Company to Save Cavendish Bananas

LONGMONT, CO / ACCESSWIRE / August 19, 2020 / Evolutionary Genomics, Inc., an agricultural biotech company engaged in crop improvement through discovery of genes in wild relatives of domestic crops announced an agreement with Dole Food Company for development and commercialization of TR4 Fusarium resistant banana plants.

The TR4 strain of Fusarium fungus threatens to devastate the banana industry which relies on the Cavendish variety developed in the 1950s in response to the decimation of the global banana industry by a previous race of Fusarium. Widespread in Asia and, in 2019, spread to South America, plantations infected are rendered useless for decades.

Evolutionary Genomics (EG) discovered a gene found in wild banana varieties that are resistant to the fungus. EG and Dole Food Company have entered into an agreement to use EG's FusR1 gene to develop Cavendish-based varieties that restore the plant's natural ability to fight the pathogen.

"We are very excited to be partnering with Dole Food Company, the premier fruit company in the world leading the industry's efforts to solve this crisis" said Steve Warnecke, CEO of EG. "We look forward to developing TR4 Fusarium resistant plants that produce the current highly-prized consumer traits of the Cavendish banana available for commercial production in three to four years. The development of these resistant banana plants will help to maintain the sustainability of this highly critical food supply and economic driver for many parts of the world."

"This new partnership with EG further illustrates Dole's efforts to reach a solution against the threat posed by TR4 to our industry and communities," stated Xavier Roussel, VP of Marketing and Sustainability at Dole. "While Dole is leading partnership efforts with EG, our hope is that when a successful solution is found by any of the research programs around the world, banana growers worldwide will be able to share in its adoption."

EG's research program will develop several cultivars in cooperation with a leading university research lab. Upon successful completion, Dole will test the resulting plants in field trials and then embark on broad commercialization under a licensing agreement with EG.

About Evolutionary Genomics, Inc.

Evolutionary Genomics, Inc. has developed a technology platform, the Adapted Traits Platform ("ATP"), to identify commercially valuable genes that control important traits in animals and plants. We are using the ATP to identify genes to improve crop plant traits such as yield, sugar content, biomass, drought tolerance, and pest/disease resistance. Our platform identifies key genes that have changed successfully to impart new or improved traits. To find more about Evolutionary Genomics, Inc. (OTCQB: FNAM), please visit www.evolgen.com.

This press release includes "forward-looking statements" that are subject to risks, uncertainties and other factors. All statements other than statements of historical fact are statements that could be deemed forward-looking statements including continued compliance with government regulations, changing legislation or regulatory environments; any statements of expectation or belief and any statements of assumptions underlying any of the foregoing. These risks, uncertainties and other factors, and the general risks associated with the businesses of the Company described in the reports and other documents filed with the SEC, could cause actual results to differ materially from those referred to in the forward-looking statements. The Company cautions readers not to rely on these forward-looking statements. All forward-looking statements are based on information currently available to the Company and are qualified in their entirety by this cautionary statement. The Company anticipates that subsequent events and developments may cause its views to change. The information contained in this report speaks as of the date hereof and the Company has or undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

Investor and Media Contact:

Steve Warnecke, CEO
swarnecke@evolgen.com

SOURCE: Evolutionary Genomics, Inc.

ReleaseID: 602031

Megastar Development Amends Option Agreements on Epithermal Au-Ag Projects in Oaxaca, Mexico

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Megastar Development Corp. ("Megastar", or the "Company") (TSXV:MDV)(Frankfurt:M5QN)(OTC PINK:MSTXF) announces that it has amended the option agreements whereby the Company may acquire a 100% undivided interest in the Rama de Oro, Magdalena and Yautepec projects (the "Projects"), located in the state of Oaxaca, Mexico, by extending the due dates for the exploration expenditures on each Project.

The Rama de Oro expenditure commitment of US $350,000 was extended from May 9, 2020 to May 9, 2022 and the Magdalena and Yautepec expenditure commitments, in the aggregate amount of US $310,000, were extended from June 1, 2021 to December 1, 2021. In consideration of the extension, the Company has agreed to pay an aggregate US $12,500 to the vendor, who is a director of the Company.

"We are pleased to have the flexibility of the extra time to comply with the exploration commitments on our projects, given the market challenges of 2019 and the COVID-19 restrictions of 2020," stated Dušan Berka, Megastar CEO. We look forward to resuming field work to further advance our early stage exploration successes at these top-tier projects."

COVID-19 restrictions have variously affected smaller communities throughout Mexico and each of these are reopening according to local conditions. Megastar representatives are re-engaging with community leaders in each of the three project areas. In the meantime, plans are being finalized for the next stages of field work which will follow up on the successful exploration work undertaken in 2019. The Company will advise shareholders once a firm timeframe has been established for this work.

Megastar has taken advantage of the pause in fieldwork to identify key targets on the recently optioned Cerro Minas Property (see press release of October 16, 2019). In addition, the company has responded to current favorable market conditions by rapidly initiating an evaluation of other highly prospective properties in the region for potential acquisition.

ABOUT MEGASTAR DEVELOPMENT CORP.

Megastar Development Corp. is engaged in the evaluation, acquisition and exploration of mineral properties in Mexico and Canada. Megastar has an option to acquire 100% interest in three epithermal Au-Ag mineral properties in Oaxaca, Mexico. Megastar also owns 100% interest in the Ralleau, VMS/lode gold mineral property in Urban Barry District, Lebel-sur-Quévillon area of Quebec, currently under 50% option to DeepRock Minerals Inc. (CSE: DEEP). For further information, investors and shareholders are invited to visit the Company's website at www.megastardevelopment.com or call the office at 604-681-1568, or toll free at 1-877-377-6222.

ON BEHALF OF THE BOARD OF DIRECTORS,
"DUŠAN BERKA"
Dušan Berka, P. Eng.
President & CEO

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 news release.

Forward Looking Statements:

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

SOURCE: Megastar Development Corp.

ReleaseID: 602427

Blonder Tongue Comments on Recent Common Stock Trading Activity

OLD BRIDGE, NJ / ACCESSWIRE / August 19, 2020 / Blonder Tongue Laboratories, Inc. (NYSE American:BDR) commented today on recent trading activity in the Company's common stock. Blonder Tongue knows of no reason for the recent increase in the price and trading volume of its stock. There have been no material developments or change in circumstances with respect to the Company's ongoing business activities since the Company issued its second quarter earnings release on August 7, 2020.

About Blonder Tongue

Blonder Tongue Laboratories, Inc. is the oldest designer and manufacturer of cable television video transmission technology in the USA. The majority of our products continue to be designed and built in our state-of-the-art New Jersey facility for 50 years. Blonder Tongue Labs offers U.S.-based engineering and manufacturing excellence with an industry reputation for delivering ultra-high reliability products. As a leader in cable television system design, the Company provides service operators and systems integrators with comprehensive solutions for the management and distribution of digital video, IPTV and high-speed data services, as well as RF broadband distribution over fiber, IP, and Coax networks for homes and businesses. Additional information on the Company and its products can be found at www.blondertongue.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The information set forth above includes "forward-looking" statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K for the year ended December 31, 2019 (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words "believe", "expect", "anticipate", "project", "target", "intend", "plan", "seek", "estimate", "endeavor", "should", "could", "may" and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends in our business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's "forward-looking" statements.

Contacts

Eric Skolnik
Chief Financial Officer
eskolnik@blondertongue.com
(732) 679-4000

Ted Grauch
Chief Executive Officer
tgrauch@blondertongue.com
(732) 679-4000

SOURCE: Blonder Tongue Laboratories, Inc.

ReleaseID: 602424

Canarc Announces Name Change, Share Consolidation, $3.2 Million Private Placement Financing, Focus on Canadian Gold Projects, Strategic Review of Nevada Gold Projects and Appointment of New Director

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Management of Canarc Resource Corp. (TSX:CCM)(OTCQB:CRCUF)(Frankfurt:CAN) ("Canarc" or the "Company") is pleased to announce several corporate changes intended to better reflect the Company's renewed focus on its Canadian gold exploration projects.

The changes include a planned name change to Canagold Resources Ltd., a 5:1 share consolidation to better attract institutional investors, a CAD$3.2 million private placement financing to strengthen working capital, a renewed focus on exploring Canarc's gold projects and a strategic review of the Company's Nevada gold projects to create more shareholder value, and the appointment of Andrew Bowering as a Director.

Name Change

Management has reserved the name Canagold Resources Ltd. to better reflect the Company's renewed focus on its Canadian gold exploration projects. The name change will take effect within the next two weeks once a new CUSIP number is obtained and the ticker symbols will remain the same.

Share Consolidation

Canarc intends to consolidate its issued and outstanding common shares on the basis of 5 pre-consolidated shares for 1 post-consolidated share. Management believes that the consolidation is necessary in order to provide the Company with a share capital structure that will better attract institutional equity financing and unlock shareholder value.

Canarc currently has 243,956,517 common shares issued and outstanding. After giving effect to the proposed consolidation, the Company will have approximately 48,791,303 common shares issued and outstanding pre-financing. No fractional post-Consolidated shares will be issued and all fractional shares resulting from the Consolidation will be rounded down to the nearest whole number and no cash consideration will be paid in respect of fraction shares. In accordance with their terms, the Company's outstanding 17,850,000 stock options and 1,500,000 share purchase warrants will be adjusted by the consolidation ratio and the exercise prices of outstanding stock options and warrants will also be adjusted accordingly.

$3.2 Million Financing (pre share consolidation)

Canarc announces a non-brokered private placement financing of up to 40,000,000 units (a "Unit") at a price of $0.08 per unit for gross proceeds of up to $3,200,000 (the "Offering"). Use of proceeds will be for exploration of the Company's gold projects and to strengthen working capital. It is anticipated that the Offering will close prior to the Consolidation.

Each unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant) with each Warrant entitling the holder to acquire one additional common share of the Company at an exercise price of $0.13 for a period of 24 months from the closing date. If the closing price of the Canarc's common shares is at a price equal to or greater than $0.20 for a period of 10 consecutive trading days, Canarc will have the right to accelerate the expiry date of the Warrants by giving written notice to the Warrant holders that the Warrants will expire on the date that is not less than 30 days from the date notice is provided by Canarc to the Warrant holders. Finders' fees of 6% may be payable in cash and/or warrants on certain portions of the financing, subject to regulatory approvals.

New Director

Management is pleased to welcome a new director, Mr. Andrew Bowering, to the board. Mr. Bowering is a venture capitalist and management consultant with 30 years of experience in the founding and operating of both private businesses and the public companies.

As a founder and investor, Mr. Bowering has built and led management teams to explore and develop precious, base and industrial metals deposits from exploration to production. He has owned drilling companies and exhibited leadership in worldwide mineral exploration and development. Mr. Bowering's most recent successes include the founding, funding and management of Prime Mining Corp., Millennial Lithium Corp., and American Lithium Corp. Throughout his career Andy has operated globally, but his current activities and operations are focused in Nevada, British Columbia and Mexico. He has listed and operated companies on the TSX Venture Exchange, the Toronto Stock Exchange, the OTCQX and the American Stock Exchange.

Renewed Focus on Canadian Gold Projects

Canarc's main asset is its 100% owned New Polaris gold mine project located in northwestern British Columbia. New Polaris is an historic high grade, underground gold mine that produced 232,000 oz gold during 1938-42 and 1946-51. Canarc has invested over CAD$33 million since 1990 to delineate Indicated resources of 1.7 million tonnes containing 586,000 ozs gold at 10.8 gpt and Inferred resources of 1.5 million tonnes containing 485,000 ozs gold at 10.2 gpt*. Mineral resources are not mineral reserves and do not yet have demonstrated economic viability. The proposed financing will enable the Company to start work on a feasibility study that will include infill drilling, economic evaluation, project permitting and land access.

*Note: New Polaris resource report is contained within NI 43-101 preliminary economic assessment report ("PEA") which was completed by Moose Mountain Technical Services and filed on Sedar April 18, 2019.

The Company recently completed a Phase 2, 1500 meter core drilling program at its Windfall Hills gold property located in central BC and assays are pending over the next few weeks.

Windfall Hills lies in the same geological belt as and about 90 kilometers (km) northwest of the Blackwater-Davidson gold project in central BC. Artemis Gold recently purchased Blackwater-Davidson for $210 million plus a gold stream.

Canarc plans to commence a Phase 1, 1500 meter reverse circulation drilling program at its Hard Cash gold property in western Nunavut this week. Hard Cash is a district scale gold project with geological similarities to two multi-million oz Agnico Eagle gold mines, Meadowbank and Meliadine, also located in Nunavut.

Strategic Review of Nevada Gold Projects

Canarc plans to conduct a review of strategic options for its Nevada gold projects, including dispositions or joint ventures, in order to create more shareholder value and maintain its focus on Canadian gold projects. The Company acquired the Nevada portfolio in 2017 and has since optioned out the Fondaway Canyon and Dixie Comstock projects to Getchell Gold and the Lightening Tree project to Minkap Resources.

The remaining Nevada gold projects include:

Clear Trunk

Bull Run

Hot Springs Point

Jarbidge

A&T

Silver Peak

Corral Canyon

Getchell Gold anticipates commencing a drill program on the Fondaway Canyon project in the coming weeks, and Minkap Resources expects to commence a drill program on the Lightening Tree project before year-end.

The Offering, share consolidation and name change all remain subject to the approval of the Toronto Stock Exchange.

Gary Biles, the President and Chief Operating Officer of the Company and a qualified person pursuant to NI 43-101, has approved the technical disclosure contained in this press release.

"Scott Eldridge"
____________________
Scott Eldridge, Chief Executive Officer
CANARC RESOURCE CORP.

About Canarc – Canarc Resource Corp. is a growth-oriented gold exploration company focused on generating superior shareholder returns by discovering, exploring and

developing strategic gold deposits in North America. The Company is currently advancing two core assets, each with substantial gold resources, and has initiated a high impact exploration strategy to acquire and explore new properties that have district-scale gold discovery potential. Canarc shares trade on the TSX: CCM and the OTCQB: CRCUF.

For More Information – Please contact:
Scott Eldridge, CEO
Toll Free: 1-877-684-9700  Tel: (604) 685-9700  Cell: (604) 722-5381
Email: scott@canarc.net  Website: www.canarc.net

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States private securities litigation reform act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Statements contained in this news release that are not historic facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the planned Offering, name change and share consolidation, the potential results of the Company's strategic review in respect of its Nevada Properties, the future performance of Canarc, and the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "has proven", "expects" or "does not expect", "is expected", "potential", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to regulatory approvals, risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

SOURCE: Canarc Resource Corp.

ReleaseID: 602425

Welby Accely Teaches More Than Just Theory at His Real Estate Investing Events

NEW YORK, NY / ACCESSWIRE / August 19, 2020 / Welby Accely is building real estate tools that allow for practical self development and an avenue for success.

A first generation, New York born, Haitian American, Welby was always somewhat on his own as he figured out a path toward prosperity. To make it, he would have to determine his own route to bigger and better things. There was never any real mentorship early on and his life, but Welby would visit his godfather in Long Island and realize the stark difference in location and lifestyle compared to where he grew up. Seeing that his godfather made his way through the real estate market, Welby clung to the idea that real estate was worth his passion and devotion.

Early on, Welby began managing a number of properties during the subprime mortgage boom of the early 2000s. This was a time of trial and error, but he understood that full dedication and total hustle would be a necessity. Still, with the crash in 2009, Welby's holdings in the market had all but dissipated, forcing him to pursue a number of side businesses. In the coming years he devoted himself to a nursing agency, a car dealership, and a tire shop business that unfortunately, despite his best efforts, all fell apart.

By 2014, Welby reflected on his past practices in real estate and other businesses and realized that he had been making similar mistakes across all his ventures. Even through his failures, he saw others around him finding success, but he understood that it was their success, and not something holding his own success back. There was always a firm belief that he could do anything himself, and he understood his work ethic and experiences wouldn't allow him to fail.

With a renewed tenacity, Welby devoted his full efforts back into his original passions surrounding the real estate market. This time however, he knew he needed to overhaul his business practices to ensure stable and result driven success. This called for a dismissal of over relying on friends and others who might not be the perfect people for his operation. Additionally, he realized that he had previously had a habit of putting the cart before the horse and jumping right into business without a proper foundation.

He wanted to manage his property and accounts with a structurally sound team built from the ground up. This meant establishing a corporation and gathering the perfect team before he started spending money. The proper attorney, accountant, contractors, realtors, electricians etc. were found so that he could have a solid, team centric operation before going in heavy.

With this new focus, he was able to find and retain valuable success, investing in numerous New York and Connecticut properties and building an organization of 12 employees.

During all this, Welby was constantly learning as much as possible about the market in order to develop as a leader and professional. Over the years he had occasionally entertained, as many involved in real estate did, large seminars for real estate professionals. Yet because of the thousand attendee, surface level nature of these events, Welby never saw them as real opportunities to help others develop tangible, valuable skills necessary to succeed in the market.

He decided to build a real estate "boot camp" organically through the work he was already doing. His vision was to allow a small group of hungry real estate professionals experience legitimate and practical operations of his property management. In an approximately 6 week period, he would take a group of 50 participants with him and his employees to a property that he owned, walking them through the entire process, from initial dealings to final arrangements, allowing them to see up close the complete inner workings of the process.

His boot camp was built on the foundation of factual and tangible procedures, rather than theoretical teachings of larger, less intimate educational services. When he walks the 50 participants through the properties, they are seeing real documentation, the actual papers being used for his own operation of the property.

Welby understands the ineffectiveness of traditional education in the current real estate market and encourages others to treat his boot camp with the same sort of skepticism. He urges them to not believe a word he says and do the research to see the legitimacy of the organization.

The boot camp isn't a money play, nor a major source of income for Welby in any sense, but rather an opportunity to give back and establish a tangible way real estate professionals can engage in effective, rewarding education. There is a hard cap on the number of participants per term because he wants to instill an intimate, practical, no rush environment that is focused on learning rather than racking up numbers or shoveling theory.

Welby believes that utilizing tools developed by legitimate real estate experience you will find success. Through his own experiences and his boot camp effort he wants to help others understand that the tools for prosperity in this business are not only possible but attainable with the persistence and proper vision.

To learn more about Welby and to attend his next event, visit his Instagram!

Written By: Troy Thomason

Media Contact:

Client Relations Team
Features@DendyMedia.com

SOURCE: Dendy Media

ReleaseID: 602418

How Najee Harris Went From Credit Crisis to Credit Advisor

PHILADELPHIA, PA / ACCESSWIRE / August 19, 2020 / For Najee Hannigan, the path to financial success was never a clear one. And even when he began to experience growth and stability as a young entrepreneur, he never foresaw he would be in the position he is today. Yet despite not originally having perfect foresight, Najee always understood the importance of personal development in all his pursuits. This push for perseverance and self betterment inspired by his mother's entrepreneurial efforts allowed him to excel as the successful, multifaceted business owner he is today.

Beginning his journey into the working world after high school, Najee never felt a clear direction for his future. He had a number of ideas and plans set half into motion, but nothing solid enough to fully dedicate himself toward. This changed when he moved back in with his mother and began witnessing her entrepreneurial spirit as she founded the day care center, Extraordinary Scholars Academy.

Being so close to her, the idea to work alongside her in this environment seemed like a no brainer. His mother quickly hired him on to help grow the business. After a time, realizing his mother's development as a business owner, Najee began taking his own initiatives in order to help grow the business. His hardwork and dedication had become apparent, and soon enough Najee was made a partner. He had given so much value to the business that the two of them were able to take it to another level.

By this point, fueled by an emerging entrepreneurial spirit, Najee sought to understand as much of the business as possible in order to capitalize on whatever growth opportunities might be available. Being in the daycare business, he quickly saw the importance of real estate, and began making inquiries and investments in that regard. However, he soon found out that flexibility for these feats were difficult without solid credit.

Initially, Najee solicited credit repair services without knowing much about the field personally. In short, he was taken advantage of and left without a solution to his credit issues. He knew that if he wanted to get anywhere, he needed to dedicate the time to understanding as much as he could about credit and the like, even if it meant doing it himself. He began a journey of self education, consuming as many webinars, books, and other resources before finally feeling well versed in this specific area of finance. He realized that with his newfound knowledge, he was perfectly capable of fixing his credit on his own. And he did just that.

Seeing an opportunity to enact the same change in the lives of others, Najee began offering credit repair services free of charge to relatives and families of his daycare. He learned a lot through working with a variety of cases and found success on nearly all fronts. As word of mouth grew, the amount of people interested in his services did as well. Soon enough, there was a decent demand for this service, which at the time was only growing organically alongside his other business.

Throughout this process, Najee had been sharing his story of credit repair via Instagram and other social media platforms. This caused numerous people to reach out to him with their own questions and experience in the same realm. Najee realized there was an increasingly high demand for credit education and credit repair advising. Seeing this demand, as well as his success working with friends and families, he decided it was time to make it official. This spurred the creation of a website, proper overhead, and other elements that would act as the foundation of this new business dubbed ESA Credit Hero.

To Najee, this move was never really about money, but rather addressing certain roadblocks he came across while conducting business as he did previously, pro-bono. As friends, families, and day care associates dried up, the people he was working with didn't really know Najee on a personal level as the others had before. So when he required certain personal information from them in order to evaluate their credit, there was obvious trepidation from the other party. Najee knew that making his business official in all regards would alleviate that worry.

Now, as more and more people find themselves at home with time to sort out their finances and pursue new business, the demand for financial education is at an all time high. The stay at home practices caused by the pandemic have more than doubled these effects, causing a boom in clientele for Najee and ESA Credit Hero.

Seeing his personal and financial growth via social media, as well as his established business, a multitude of people saw ESA as a necessary resource. Currently, Najee advises over 300 clients looking to put themselves in a position of financial prosperity.

His goal is to help as many people as possible see credit as an easily approachable challenge that shouldn't be feared as it is traditionally. He hopes that with ESA Credit Hero people are able to better understand credit fully and can develop the tools that provide them the financial flexibility to achieve whatever they desire. You can find Najee Hannigan on Instagram to learn more.

Written By: Troy Thomason

Media Contact:

Client Relations Team
Features@DendyMedia.com

SOURCE: Dendy Media

ReleaseID: 602259

Top Accounting Firm, TMW Financial Solutions with CEO Tranika Warner, Helps Business Owners Revive Their Finances Through Their Transformational Tax Planning & Chief Financial Officer Services

NEW YORK, NY / ACCESSWIRE / August 19, 2020 / If you need help with your business and have been wishing to find better ways in handling your revenues, then Tranika Warner and her accounting firm, TMW Financial Solutions, might be the answer to your problem.

Tranika Warner used to work for Corporate America for 7 years to handle commercial property management before she became the CEO of her own accounting firm naming TMW Financial Solutions. During her time in Corporate America, Warner always finds herself leaning towards her accounting side through the way she helped owners manage their properties and did accounting. She began to do her own accounting business for about 2 years in Corporate America before she left and fully delved into the accounting world on her own. TMW Financial Solutions goal is to help business owners and real estate investors increase their portfolio revenues.

The main specialty of her accounting firm is the virutal Chief Financial Officer (CFO) services that are directed to provide high-skilled assistance for the financial requirements of her client's companies. On top of that, Warner is also committed to reduce her client's tax liabilities up to 50%. TMW Financial Solutions offers services to all types of business whether it's big or small. When it comes down to taxes and tax planning, Warner and her team are ready to help her clients to leverage their companies to appeal for financial lending, accounting, and bookkeeping.

At the moment, Warner has team members on board where they all work closely together virtually. Warner claimed that her biggest challenge over the years include making sure that her clients are in the correct mind-frame to see financial success with their company and understanding that tax planning is not done at the end of the year, but at the beginning. "Some people were very traumatized by the accounting firms that they worked with in the past," she claimed, "When it comes to business, you have to know your numbers in order to see when you're ready to take that next financial step with your company". TMW Financial Solutions is definitely unique in their approach in helping people gain a 25-50% increase of their portfolio revenues. CFO services are a step-up from regular bookkeeping services in the way that you will get a deep monitoring of the Key Performance Indicators (KPI) of your company.

Warner and her team are not only concerned about your numbers, but also the wellness of your company as a whole. To help her clients survive tax seasons and manage tax credits and tax deductions in particular, Warner would deeply learn the source of their income, expenses, and offer her clients a Clean Up program, where she helps them clean up their financial books. Through this Clean Up program, Warner and her team would be able to detect what's going on and as a result, give her clients tax filing service. Additionally, with CFO services, her team would do all the budgeting, forecasting, assessment of company's issues, all the way to speaking to client's investors to assisting them with strategic financial guidance and evaluating assets, liabilities, and investments. When you're a client of TMW Financial Solutions, you don't have to worry because Warner and her team are ready to take your business' finances to a whole other level.

To learn more about Tranika Warner and TMW Financial Solutions, visit the pages and call the number below!

Facebook: TMW Financial Solutions
Linkedin: TMW Financial Solutions
IG: @tmwfinancialsolutions
Website: www.tmwfinancialsolutions.com

Contact:

info@tmwfinancialsolutions.com
404-984-2709

SOURCE: Dendy Media

ReleaseID: 602263