BOISE, ID / ACCESSWIRE / August 17, 2020 / Truckstop.com, the first online freight marketplace, announced today that Kendra Tucker, has joined the company as chief revenue officer (CRO).

"We are delighted that Kendra has joined the executive team," said Paris Cole, CEO of Truckstop.com. "Her track record for growth and stellar leadership across sales, marketing, and customer success will further our company's mission to provide carriers and freight brokers with innovative, easy-to-use tools to help them make more money."

Prior to Truckstop.com, Tucker served as CRO at Upserve, a leading full-service restaurant management platform, where she worked closely with customer experience teams to expand the company's role as a partner for creating and growing successful hospitality businesses.

"Truckstop.com customers are the backbone of our economy," said Tucker. "They are on the road and on the phones every day making sure the food, fuel, and critical supplies we take for granted are delivered. While we depend on men and women in the freight industry, they rely on critical technology to keep their run their businesses running smoothly. I look forward to helping deliver innovative tools that keep the freight industry moving forward."

For more than ten years Tucker has grown and led teams across a variety of business models and industries. In her role as director of Vista Consulting Group's go-to-market, she worked closely with portfolio companies to implement more effective and sustainable growth strategies and specialized in pushing customer teams to over 90% net-retention through superior support and contracts that incentivized long-term partnerships.

Tucker graduated with a degree in international studies from the University of Chicago and spent her early career at Gallup and CEB (now Gartner), working in research and moving up to product marketing and sales leadership, scaling teams and closing deals with companies like BMW and Chanel. Tucker also served as SVP of audience and platforms at Axios, a political news organization.

For more information about Truckstop.com leadership, please visit https://truckstop.com/company/about/.

About Truckstop.com

For more than 25 years, Truckstop.com has been a trusted partner for carriers and brokers in the spot market, giving them tools to be successful and efficient through the entire freight lifecycle. As one of the internet's largest neutral freight marketplaces, Truckstop.com provides the scale of quality loads and trucks to give customers the freedom to build lasting relationships and grow their business. Whether on the road or in the office, Truckstop.com is the single source for products and solutions for the entire freight lifecycle. To learn how Truckstop.com is helping move our industry forward, visit: www.truckstop.com.

Contact

Matt Stubbs
Sr. Manager Public Relations & Communications
mattstubbs@truckstop.com

SOURCE: Truckstop

ReleaseID: 602032

Customers and colleagues in Maritime provinces not deterred by challenges of COVID-19

HALIFAX, NS / ACCESSWIRE / August 17, 2020 / The IWK Foundation and Loblaw Companies Limited are pleased to announce this year's Give a Little, Help a Lot campaign has raised $286,000 for the IWK through in-store fundraising at Atlantic Superstore and other Loblaw grocery stores across the Maritimes. Funds raised though the campaign go to help support the most urgent priority needs of the IWK, which may include the purchase of priority equipment and advanced technology.

The campaign went ahead in July despite the pandemic, knowing that support is needed now more than ever. Due to the dedication of store colleagues and the generosity of customers, this year's efforts raised $25,000 more than the 2019 campaign.

Mark Boudreau, Director of Corporate Affairs, Loblaw Atlantic, said "Our customers and colleagues are amazing, and I want to thank everyone on the front lines for making this year's campaign so successful despite the ongoing challenges posed by COVID-19. Our store colleagues and customers throughout the Maritimes have long been proud supporters of the IWK. As our partnership has grown and developed, we recognize the importance of being able to help provide world-class care to patients and families from across our region."

Give a Little, Help a Lot is a national campaign where Loblaw customers are asked to donate $2 at checkout in support of their designated local charity. In addition, store colleagues organize grassroots fundraisers such as barbecues and bake sales, with proceeds from these activities added to the total.

"The IWK would not be the special place it is today without the generosity of businesses like Atlantic Superstore and Your Independent Grocer and their customers who support them," said Jennifer Gillivan, President & CEO, IWK Foundation. "It's important to remember that, during these uncertain times, the kids at the IWK are still receiving specialized care and treatment and they still need us. We are incredibly grateful to those who gave what they could during the recent Give a Little, Help a Lot campaign, to support IWK patients and their families."

The Give a Little, Help a Lot campaign was launched in 2008 and is part of an ongoing effort by Atlantic Superstore to provide support to the IWK Foundation. Atlantic Superstore has been a dedicated supporter of the IWK for the past 33 years, raising funds annually to ensure women, children and their families have access to the best equipment, technology and care right here at home in the Maritimes.

Photo caption: Seven-year-old Liam Willman was born with half a heart. To date the IWK Children's Heart Centre surgical team has performed over six surgeries to help improve his heart function. Liam's parents, Melissa and Brian, are grateful to everyone who gave to the Give a Little campaign that directly helps support patients like their son.

-30-

About the IWK Foundation

The IWK Foundation is a champion of excellence in women's and children's health and medicine and works in partnership with the IWK Health Centre to support their vision of providing quality care to women, children, youth and families in the Maritime Provinces and beyond. Our donors are passionately committed to making a difference for Maritime families, contributing more than $15 million in support of the most urgent care priorities at the IWK last year. Funds raised also support the IWK's global leadership in research and knowledge sharing, which in turn improves lives worldwide.

For more information please contact:

Lesley Gaum
Executive Lead, Stakeholder Relations and Public Affairs
IWK Foundation
lesley.gaum@iwk.nshealth.ca or 902-489-2867

Mark Boudreau
Director, Corporate Affairs
Loblaw Atlantic
mark.boudreau@loblaw.ca or 902-802-8687

SOURCE: Atlantic Superstore / IWK Foundation

ReleaseID: 602008

CRANBROOK, BC / ACCESSWIRE / August 17, 2020 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains") announces that it has amended the option agreement dated October 31, 2018 on the Knife Lake Project (the "Property") between EPL and Rockridge Resources Ltd. ("Rockridge") whereas the due date on the second anniversary exploration expenditures on the Property has been extended an additional six months from January 2, 2021 to July 2, 2021. In consideration of the extension, Rockridge has agreed to issue 300,000 common shares to Eagle Plains. The amendment remains subject to the approval of the TSX Venture Exchange. The shares will be subject to a hold period of four months and one day from issuance.

The Knife Lake Project is located in Saskatchewan, which is ranked as the #3 mining jurisdiction in the world by the Fraser Institute. The project hosts the Knife Lake deposit, which is a VMS, near-surface copper-cobalt-gold-silver-zinc deposit open along strike and at depth. There is strong discovery potential in and around the deposit area as well as at regional targets on the 29,252-hectare property.

Highlights:

2019 diamond drilling program plus historical drill core provided data for completion of the first NI 43-101 resource estimate for the Knife Lake deposit (see news release dated August 14, 2019)

Knife Lake is a near surface VMS deposit starting a few metres below surface and the deposit remains open at depth and along strike for potential resource expansion

Indicated resources of 3.8 million tonnes at 1.02% CuEq (0.4% CuEq cut-off) or 3.8 MT at 0.83% Cu, 3.7 gpt Ag, 0.097 gpt Au, 82 ppm Co, 1740.7 ppm Zn Inferred resources of 7.9 million tonnes at 0.67% CuEq (0.4% CuEq cut-off) or 7.9 MT at 0.53% Cu, 2.4 gpt Ag, 0.084 gpt Au, 53.1 ppm Co, 1454.9 ppm Zn

The deposit is a remobilized portion of a presumably larger "primary" VMS deposit; most of the historical work has consisted of shallow drilling at the deposit area with little regional work carried out and limited deeper drilling below the deposit

Knife Lake VMS Project Map can be viewed here

Knife Lake Project Geology and History

The Knife Lake deposit is a near surface remobilized VMS deposit starting a few metres below surface and the deposit remains open at depth and along strike for potential resource expansion. The stratabound mineralized zone is approximately 15 meters thick and contains copper, silver, zinc, gold and cobalt mineralization which dips 30° to 50° eastward over a known strike-length within Rockridge's claim area of 3,700 meters, and a known average down-dip extension of approximately 300 meters.

Rockridge completed twelve holes consisting of 1,053 metres of diamond drilling in the March/April 2019 drilling program. This represented the first drilling on the property since 2001 and had two primary objectives: confirm the tenor of mineralization reported by previous operators and expand known zones of mineralization. Highlights from the drill program included previously reported hole KF19003 which intersected net-textured to semi-massive sulphide mineralization from 11.2m to 48.8m downhole. This 37.6 metre interval returned 2.03% Cu, 0.19 g/t Au, 9.88 g/t Ag, 0.36% Zn, and 0.01% Co for an estimated 2.42% CuEq. Additionally, previously reported drill hole KF19001 intersected net-textured to fracture-controlled sulphide mineralization from 7.5 metres to 40.6 metres downhole. This 33.1 metre interval returned 1.28% Cu, 0.12 g/t Au, 4.80 g/t Ag, 0.13% Zn, and 0.01% Co for an estimated 1.49% CuEq.

An announced maiden NI 43-101 resource estimate for the Knife Lake deposit (see the News Release dated August 14th, 2019) showed an indicated resource of 3.8 million tonnes at 1.02% CuEq at a 0.4% CuEq cut-off (3.8 MT at 0.83% Cu, 3.7 gpt Ag, 0.097 gpt Au, 82 ppm Co, 1740.7 ppm Zn). In addition, there is an inferred resource of 7.9 million tonnes at 0.67% CuEq at a 0.4% CuEq cut-off (7.9 MT at 0.53% Cu, 2.4 gpt Ag, 0.084 gpt Au, 53.1 ppm Co, 1454.9 ppm Zn).

Rockridge has an Option Agreement with Eagle Plains Resources Ltd. to acquire a 100% interest in the Property that covers the majority of the Knife Lake Cu-Zn-Ag-Co VMS deposit (see details, following). The extensive landholding controlled by Rockridge is located approximately 50 km northwest of Sandy Bay, Saskatchewan. A 357kV powerline runs within 16 km of the Knife Lake Deposit area, greatly enhancing the project's infrastructure.

Knife Lake Option Agreement Details

To earn a 100% interest, Rockridge has agreed to make a cash payment to Eagle Plains of $150,000 (complete), issue up to 5,250,000 common shares of Rockridge (2.75M shares issued to date) and complete $3,250,000 in exploration expenditures over four years. Eagle Plains will retain a 2% net smelter royalty ("NSR") on certain claims which comprise the project area. Under the terms of the agreement Rockridge is designated as the Operator of the project.

Charles C. Downie, P.Geo., a "qualified person" for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects and a director of Eagle Plains, has prepared, reviewed, and approved the scientific and technical disclosure in the news release.

About Eagle Plains Resources

Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects throughout western Canada. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team. Managements' current focus is to preserve its treasury while advancing its most promising exploration projects. In addition, Eagle Plains continues to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. Since 2012, Eagle Plains has added to its portfolio a number of new projects exceeding 130,000 ha targeting mainly gold, uranium and base-metals in Saskatchewan, a highly-prospective mining jurisdiction which was recently recognized by the Fraser Institute as one of the top 3 jurisdictions in the world in terms of Investment Attractiveness. Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices.

Expenditures from 2011-2018 on Eagle Plains-related projects exceed $20M, most of which was funded by third-party partners. This exploration work resulted in approximately 30,000 m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.

On behalf of the Board of Directors

"Tim J. Termuende"
President and CEO

For further information on EPL, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at http://www.eagleplains.com

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

SOURCE: Eagle Plains Resources Ltd.

ReleaseID: 602016

Terms of New Issue Modified

TORONTO, ON / ACCESSWIRE / August 17, 2020 / DIGIMAX GLOBAL SOLUTIONS (CSE:DIGI) (the "Company" or "DigiMax") is pleased to announced that, pursuant to the July 10, 2020 announcement of entering into a Letter of Intent to acquire all of the outstanding shares of DataNavee Inc, that the two parties have now agreed to make the Letter of Intent Binding, subject to DigiMax completing its planned capital raise.

DigiMax intends to immediately commence a capital raise of up to $2 million by issuing Units consisting of one common share at 5 cents per share and one full warrant exercisable at 5 cents per share for 24 months following closing of the funding.

As disclosed previously, DigiMax currently has 60,590,909 shares outstanding and it will issue 55,000,000 shares to the existing shareholders of DNV. One-quarter of these shares will be issued without escrow and the remaining shares will be placed in escrow and one-third will be released at the end of each 3-month period after the closing of this transaction.

About DataNavee

DataNavee has been incorporated to draw together the efforts of a team of artificial intelligence engineers and developers from around the world.

It is currently focused on providing solutions that utilize "predictive analytics as a service" so that clients could upload their own data sets as input for the predictive software and be provided with custom reports. This direct access approach eliminates the needs for clients to maintain expensive inhouse scientists, while at the same time producing highly sophisticated predictive analytics at a small fraction of the cost of custom in-house solutions.

About DigiMax

DigiMax is based in Toronto and is the first company in the Digital Security space to be both publicly listed (listed on the Canadian Securities Exchange-symbol: DIGI) and own a registered Dealer. Canada, DigiMax Capital Corp is an 'Exempt Market Dealer registered in Ontario.

The Company has a highly qualified management team with extensive experience in global financial and capital markets, combined with a rapidly expanding global presence through collaborative partnerships in the USA, Hong Kong, Indonesia, Malaysia, England, Singapore, Korea and Malta.

Contacts DigiMax:

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Edward Murphy
Chairman
416-720-0456
emurphy@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains "forward-looking statements". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding changing the Company's name.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: shareholders approving the change of name to DigiMax, the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the App Platform described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE: DigiMax Global Solutions

ReleaseID: 602009

ATLANTA, GA /  ACCESSWIRE / August 17, 2020 / An analysis report by Ries Positioning Strategy & Consulting on the alcoholic spirits market has found that global consumption of spirits reached 21.4 billion liters in 2019. Over the past five years, the global spirits market has grown steadily at an average rate of 1.7% per year. At present, the world's top three spirits categories are baijiu, whiskey, and vodka.

Globally, alcohol consumption exceeded $1.04 trillion in 2019, with retail spending on spirits amounting to nearly $390 billion, or 40% of the total. In terms of volume, 21.4 billion liters of spirits were consumed across the world in 2019. The most widely consumed spirits were baijiu, whiskey, and vodka, which accounted for 23%, 17%, and 14% of total alcohol consumption respectively. Following these three spirits were "second tier" categories such as brandy, rum, tequila, and gin.

From 2014 to 2019, the global market for spirits grew steadily at an average annual rate of 1.7%. The consumed volume of baijiu, the world's largest spirits category, was largely stable despite a slight decline, whereas total baijiu sales value grew at a compounded rate of 9.15%, indicating that volume and value were moving in opposite directions. Annual consumption of whiskey grew at an average rate of 3.16%, making it the fastest-growing category among mainstream spirits. The global spirits market is expected to be saturated by 2025. While overall consumption is set to remain within a stable range, competition for market share between various categories of spirits will become more intense, with whiskey set to become a new driver of future growth.

Laura Ries, global chairman of RIES, said, "The global spirits market is becoming saturated and growth continues to slow. Market leaders should promote themselves as being the real thing, and new brands should promote themselves as being the choice of a new generation. Spirits companies can broaden their horizons by rolling out new products with new flavors and lower alcohol. And there is always the opportunity to launch new brands in new categories."

According to research by RIES on the mindsets that consumers have about the value of spirits, international consumers place the highest value on whiskey, followed by brandy. Whiskey and brandy are categorized as high-end spirits, while other categories are deemed "middle to low-end". Non-Chinese consumers know little about baijiu (i.e. They do not perceive baijiu as a spirit). Consumption of baijiu in 2019 was 5.2 billion liters, 99% of which was consumed in China market, making China the world's top consumer of spirit. Meanwhile, sales volume of baijiu accounted for 96% of the total volume of spirits sold in China, with the remaining 4% consisting of whiskey, brandy, vodka, and other spirits.

In China's spirits market excluding baijiu, brandy and whiskey were the most widely consumed spirits, accounting for about 74% and 15% of total sales respectively. In 2019, the market for brandy was worth roughly USD 2.67 billion, making it the top category of foreign spirits in China. However, the market was encumbered by sluggish growth rates. That same year, while Chinese brandy brand Changyu accounted for nearly 50% of the total sales volume of brandy in China, its revenue was only 4% of the country's total in this category. Meanwhile, China's whiskey market, worth roughly USD 52.6 million in 2019, has exhibited a relatively stable outlook.

"In China, consumers have far better awareness about spirit brands than about categories. It means that Chinese consumers don't have sufficient knowledge about such categories as whiskey, brandy, and vodka, but have partial recognition of specific brands, like Louis XIII, Martell, and Jack Daniels," said Emma Xiao, RIES China senior consultant, who advises international spirits companies. "Despite the huge differences in the perceptions by Chinese and foreign consumers, the China market still has great potential. At present, global mainstream spirits account for only 4% of the total sales volume in China. For international spirits companies that aim to make breakthroughs in the China market, they should prioritize category education over brand promotion so that they can ‘embed' category of whiskey, brandy, and others in the minds of consumers. In addition, given the strong consumer perception of whiskey globally, whiskey will become a category with the highest growth potential in the China market."

Note

About Ries Positioning Strategy & Consulting

Ries Positioning Strategy & Consulting was founded in 1963 by Al Ries, founder of positioning principles. The headquarter is located in Atlanta, Georgia, the United States. For more than 50 years, Ries, as the pioneer and leader of strategic positioning consulting, has helped many Fortune Global 500 companies and innovative companies establish their strategic positioning and overcome bottlenecks that have limited their growth. Ries has offices in Asia, Europe, America and other regions, where partners with deep insights in the local market provide positioning strategy and consulting services for clients.

For more information, please visit its global website: https://www.riesglobal.com

Media Contact

Company Name:Ries
china@ries.com.cn
Phone:021-58778501
Website:https://www.riesglobal.com

SOURCE: Ries

ReleaseID: 601975

NEW YORK, NY / ACCESSWIRE / August 17, 2020 / CIMG (The Chain Intelligent Medical-Treatment on the Global), organized by Singapore BIT GLOBAL FOUNDATION LTD, is committed to exploring the diversified smart medical ecosystem blockchain, and effectively using artificial intelligence and big data analysis technology to create a block-based, global diversified digital pharmaceutical commercialization platform. Characterized by non-tampering and traceable, blockchain is applied in smart medical ecology, medical equipment mall, digital asset exchange, etc. During the unprecedented pandemic, nations, and countries worldly proposed to strengthen data sharing, explore the construction of patient-led medical data sharing mechanism, and use blockchain to achieve safe flow and authorized access, which plays a remarkable role in the prevention and control of COVID-19.

In recent years, the US Centers for Disease Control and Prevention (CDC) and the National Center for Health Statistics (NCHS) have started pilot projects in the healthcare sector based on blockchain to achieve medical data capture and utilization information security. According to Research by WinterGreen Research and Global Market Insights, the size of the blockchain + healthcare market will expand rapidly, which is predicted to exceed $3 billion in 2024.

Under this trend, CIMG aims to radiate global economic market applications. It started with the smart medical market, utilizing the advantages of blockchain technology, reshaping a new global medical smart medical application ecology, and achieving a reliable, fast, and economically friendly new decentralized medical service ecology. Aaron, the CEO of the BIT GLOBALIZATION FOUNDATION and co-founder of CIMG, believed in the context of globalization. The healthcare industry in the world faces unbalanced development, with many barriers to healthcare data. To solve this problem, CIMG traces the healthcare field through the block- chain and combines it with acute medical treatment.

With the features of stability, security, scalability, and ease of use, it attacks traditional medical ecology's pain points, including centralized management, lack of record, inefficiency, and cyber insecurity. Block-chain ensures data security with advantages of decentralization, trace-ability information, information transmission, and sharing based on a consensus mechanism. Medical treatment is one of the industries with the most development potential in the data era. In terms of medical information security and privacy protection, blockchain and medical treatment can be deeply integrated to improve the efficiency of medical data use significantly. Organizations, including the WHO, IBM, Microsoft, and other tech companies, government agencies are partnering in building the blockchain-based open data hub, which aims to quickly and precisely detect Covid-19 carriers and infection hot spots around the world.

With blockchain technology being applied, it can optimize the management of the existing process, reduce costs, and provide users a better experience. "Currently, electronic medical records are promoting blockchain technology in a wide range, which has improved the efficiency compared with previous paper ones. Block-chain technology is a further process improvement for medical treatment," Zheng Lei, a Chinese economist, said. COVID-19 is a unique challenge to the local, national, and international community. In addition to developing vaccines, it also needs to explore a medical data system based on blockchain actively, making epidemic prevention and control more transparent.

Throughout the digitization construction of medical and health systems, specific achievements have been made in the past. In contrast, the sharing of medical data based on digitization is still crucial to promoting the medical system's construction and improving medical efficiency. However, it is impeded by many pain points in collecting and sharing data on medical data platform: low data quality, private information, record omission, leak of personal privacy, data gray trading, etc. Fortunately, blockchain offers the solution: Firstly, it breaks data islands between hospitals in the status quo, so that the information of infectious cases can be aggregated and classified into big data immediately. Secondly, it assists the CDC in making early warnings or decisions through the setting of risk threshold at all levels, which ensures data dominates the decision-making with assistance from the organization and people to avoid the concerns or concealment caused by the fear of accountability. Thirdly, Hospitals are the front-line window for collecting cases, and the blockchain enables each hospital to be the main body of the process. It can give play to the distributed and decentralized governance model, thus avoiding many unnecessary frictions between people or levels. Lastly, the information on the chain cannot be tampered with and can be wholly traceable and transparent, which can solve social doubts and rumors to the greatest extent.

Block-chain technology plays a remarkable role in epidemic prevention and control, facilitating the transparency and sharing of information. In the first half of 2021, CIMG will carry out strategic deployment in countries around the world. It will become a top layer in the blockchain intelligent medical treatment industry, bringing benefits to the world.

Media Contact

Company name: BIT GLOBAL FOUNDATION LTD
Contact: David ZOU
Email: mail@cimgworld.com
Phone: 86 13078631393
Website: https://www.cimgworld.com/

SOURCE: BIT GLOBAL FOUNDATION LT

ReleaseID: 601974

VANCOUVER, BC / ACCESSWIRE / August 17, 2020 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V: BYN) is pleased to release, the first analytical results of diamond drilling from the 2020 exploration program at the Airstrip Zone, AurMac Property, Yukon.

Highlights of the Airstrip Zone drill results to date include:

0.63 g/t Au over 46.0 m from 88.1 m in MQ-20-66
0.75 g/t Au over 116.4 m from 20.2 m in MQ-20-71
0.52 g/t Au over 38.7 m from 37.5 m in MQ-20-75
0.75 g/t Au over 32.5 m from 32.5 m in MQ-20-76
0.82 g/t Au over 20.5 m from 84.5 m in MQ-20-77
0.64 g/t Au over 65.2 m from 5.8 m in MQ-20-78

"These results not only demonstrate the continuity of the AurMac gold deposit, but the long intervals will add meaningfully to the Resource. Grades of up to 19.50 g/t Au have been reported to date as well as multiple intercepts over 3.00 g/t Au", stated Tara Christie, President and CEO, "We continue to methodically execute the AurMac exploration program based on the application of our geological and resource models. We plan to drill late into the fall."

The results received to date have demonstrated a continuity of gold grade within the projected mineralized zone of the Airstrip Deposit, on strike and down dip. Long intervals of Airstrip style grade (average ~ 0.5 g/t Au) have been intersected repeatedly within these undrilled portions of the deposit and will serve to add to the geological and resource models. Importantly, these holes have extended the strike length of the mineral zone by ~300m to the west and down dip within the conceptual pit limits used to constrain the 2020 Airstrip mineral resource estimation.

High Grade Highlights from the Airstrip Zone include:

8.33 g/t Au over 1.4 m in Hole MQ-20-66
3.22 g/t Au over 0.9 m in Hole MQ-20-70
19.5 g/t Au over 0.7 m in Hole MQ-20-71
3.13 g/t Au over 1.6 m in Hole MQ-20-71
19.4 g/t Au over 0.2 m in Hole MQ-20-71
3.94 g/t Au over 1.0 m in Hole MQ-20-71
7.93 g/t Au over 1.1 m in Hole MQ-20-71
3.07 g/t Au over 0.3 m in Hole MQ-20-74
4.35 g/t Au over 0.8 m in Hole MQ-20-75
4.16 g/t Au over 0.3 m in Hole MQ-20-75
8.64 /t Au over 1.5 m in Hole MQ-20-76
7.11 g/t Au over 1.0 m in Hole MQ-20-77
3.40 g/t Au over 1.5 m in Hole MQ-20-78

The Airstrip Zone is an on and near-surface gold deposit open to resource expansion to the east, west and downdip and represents an open-pit mineable bulk tonnage target that is advantaged by existing transportation infrastructure (main Yukon government highway system), the all-season road to Victoria Gold's Eagle mine, three-phase power lines and cellular communications. At a 0.20 g/t Au cut-off, the pit-constrained, inferred mineral resources are 46.0 million tonnes at an average gold grade of 0.524 g/t for a total of 774,926 ounces of gold. (See Table 3).

The 2020 phase 1 program included 3,578 meters (18 holes) on the Airstrip Zone, with results pending for over half of the holes. Table 1, below summarizes the assay results received from Banyan's Airstrip Zone.

Table 1: Summary Table of 2020 Diamond Drill Analytical Results

Hole ID

From (m)

To (m)

Interval* (m)

Au (g/t)

MQ-20-65

118.5

217.1

98.6

0.24

Including

121.4

122.2

0.8

2.97

Including

133.7

135.0

1.3

1.26

Including

137.3

137.8

0.5

1.03

MQ-20-66

88.1

134.1

46.0

0.63

Including

111.0

111.9

0.9

2.02

Including

122.5

123.9

1.4

8.33

Including

123.9

124.9

1.0

1.84

Including

133.0

134.1

1.1

1.69

MQ-20-70

17.9

45.7

27.8

0.45

Including

20.3

21.4

1.1

2.40

Including

40.1

41.9

1.8

1.26

And

65.5

83.7

18.2

0.40

Including

77.5

78.4

0.9

3.22

And

104.1

110.1

6.0

0.64

Including

104.1

105.8

1.7

1.14

Including

108.7

110.1

1.4

1.28

And

128.8

136.0

7.2

0.64

Including

134.1

136.0

1.9

1.91

MQ-20-71

20.2

136.6

116.4

0.75

Including

20.2

26.8

6.6

1.44

Including

40.2

41.8

1.6

1.80

Including

51.7

54.6

2.9

2.77

Including

68.2

68.9

0.7

19.5

Including

68.9

69.5

0.6

2.32

Including

70.8

72.4

1.6

3.13

Including

73.7

73.9

0.2

19.4

Including

85.7

86.7

1.0

1.00

Including

92.3

93.3

1.0

3.94

Including

98.1

99.1

1.0

1.39

Including

109.4

110.9

1.5

1.39

Including

112.4

114.1

1.7

1.03

Including

114.1

115.2

1.1

7.93

Including

119.3

120.8

1.5

2.29

Including

135.1

136.6

1.5

1.45

MQ-20-74

8.9

12.5

3.6

0.42

And

23.0

46.0

23.0

0.64

Including

25.9

26.9

1.0

1.46

Including

34.0

35.9

1.9

2.54

Including

43.1

44.5

1.4

1.00

And

61.0

95.0

34.0

0.51

Including

67.1

67.4

0.3

3.07

Including

79.5

82.8

3.3

2.85

And

136.2

143.0

6.8

0.57

Including

136.2

137.2

1.0

1.00

Including

140.0

141.5

1.5

1.17

MQ-20-75

37.5

76.2

38.7

0.52

Including

43.0

44.0

1.0

1.15

Including

58.6

60.0

1.4

1.41

Including

66.6

67.4

0.8

4.35

Including

72.2

72.5

0.3

4.16

Including

75.2

77.5

2.3

1.74

MQ-20-76

18.0

50.5

32.5

0.75

Including

41.0

42.5

1.5

1.69

Including

46.1

47.5

1.4

1.06

Including

49.0

50.5

1.5

8.64

And

76.2

85.0

8.8

0.38

Including

82.0

83.5

1.5

1.11

MQ-20-77

9.0

51.4

42.4

0.45

Including

9.0

10.5

1.5

1.80

Including

18.0

21.0

3.0

1.50

Including

35.5

37.0

1.5

1.02

And

84.5

105.0

20.5

0.82

Including

96.5

99.5

3.0

1.27

Including

100.3

101.8

1.5

2.32

Including

104.0

105.0

1.0

7.11

And

135.8

139.3

3.5

1.20

MQ-20-78

5.8

71.0

65.2

0.64

Including

21.5

24.5

3.0

1.38

Including

26.0

27.5

1.5

3.40

Including

40.0

41.5

1.5

2.22

Including

50.5

52.0

1.5

1.84

Including

64.0

65.5

1.5

1.40

Including

68.5

71.0

2.5

2.20

*True widths are considered to be greater than 90% of the reported intervals

Sections and further analysis of these holes will be provided when complete results from all adjacent holes are available. The time to receive analytical results has been longer than expected due to precautions and staffing related to COVID at the laboratory and compounded with the high volume of samples being submitted to the Yukon preparation laboratory and main Vancouver analytical laboratory facilities. While the laboratories are working to improve turnaround times, with the drill program progressing into the fall, Banyan anticipates the current average turnaround time of two months to continue. Results from additional holes will be reported when full hole results are available and quality control data has been verified. There are no results pending for Hole MQ-20-069 as the drillhole was abandoned due to ground conditions.

Exploration Update

The Company has completed over 25 diamond holes totalling over 5,000 metres thus far this season on the AurMac property. Subsequent to the Airstrip Zone phase of drilling, the Powerline Zone has been the focus of exploration efforts, with over 1,400 metres drilled in seven holes to date. Assays remain pending for these holes.

Analytical Method

All drill core splits collected from the 2020 AurMac program were analyzed at Bureau Veritas Minerals of Vancouver, B.C. utilizing the aqua regia digestion ICP-MS 36-element AQ200 analytical package with FA450 50-gram Fire Assay with AAS finish for gold on all samples. All core samples were split on-site at Banyan's core processing facilities. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were delivered by Banyan personnel or a dedicated expediter to the Bureau Veritas, Whitehorse preparatory laboratory where samples are prepared and then shipped to Bureau Veritas's Analytical laboratory in Vancouver, B.C. for pulverization and final chemical analysis. A robust system of standards, ¼ core duplicates and blanks was implemented in the 2020 exploration drilling program and was monitored as chemical assay data became available.

Upcoming Events:

Upcoming events and registration details for them are listed on the Company website and include:

Webinars:
August 20th, 2020 – Hosted by Invest Yukon and 6ix
September 22nd , 2020 – Hosted by Adelaide Capital

Mines and Money- Virtual Conference – August 31- September 1, 2020

Precious Metals Summit Beaver Creek, Virtual Conference – September 15-17, 2020

Qualified Person

Paul D. Gray, P.Geo., Vice President of Exploration for the Company, is a "qualified person" as ‎defined under NI 43-101 and has reviewed and approved the content of this news release.‎

COVID-19 Update

Banyan has taken proactive measures to protect the health and safety of our employees and communities from COVID 19 and exploration activities in 2020 will have additional safety measures in place, following and exceeding all the recommendations made by the Yukon's Chief Medical Officer.

About Banyan

Banyan's primary asset AurMac is adjacent to Victoria Gold's new Eagle Gold Mine, in Canada's Yukon Territory, which announced commercial production on July 1, 2020. The AurMac initial resource of 903,945 oz. Au (see Table 3 below) was announced in May 2020. Our major strategic shareholders include Osisko Gold Royalties, Sprott Funds, Alexco Resource Corp, and Victoria Gold Corporation. Banyan is focused on gold exploration projects that have the geological potential, size of land package and proximity to infrastructure that is advantageous for a mineral project to have potential to become a mine. Our Yukon based projects both fit this model and our objective is to gain shareholder value by advancing projects in our pipeline.

The 92 sq. km AurMac Property lies 30km from Victoria Gold's Eagle Project and adjacent to Alexco 's Keno Hill Silver District and is highly prospective for structurally controlled, intrusion related gold-silver mineralization. The property is located adjacent to the main Yukon highway and just off the main access road to the Victoria Gold open-pit, heap leach Eagle Gold mine. The AurMac Property benefits from a 3-phase powerline, existing Yukon Energy Corp. switching power station and cell phone coverage. Banyan has optioned the properties from Victoria Gold and Alexco respectively with a right to earn up to a 100% subject to royalties.

The 2020 Initial Mineral Resource Estimate prepared in accordance with National Instrument 43-101 ("NI 43-101") guidelines for the AurMac Property is 903,945 ‎ounces of gold. It is a near surface, road accessible pit constrained Mineral Resource contained in two near/on-surface deposits: The Airstrip and Powerline deposits. The Mineral Resource is summarized in Table 3 below.

Table 3: Pit-Constrained Inferred Mineral Resources at a 0.2 g/t Au Cut-Off – AurMac Property

Deposit

Classification

Tonnage

Tonnes

Average Au Grade

g/t

Au Content

oz.

Airstrip

Inferred

45,997,911

0.524

774,926

Powerline

Inferred

6,578,609

0.610

129,019

Total Combined

Inferred

52,576,520

0.535

903,945

Notes to Table 1: ‎

The effective date for the Mineral Resource is May 25, 2020.
Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, changes in global gold markets or other relevant issues.
The CIM definitions were followed for classification of Mineral Resources. The quantity and grade of reported inferred Mineral Resources in this estimation are uncertain in nature ‎and there has been insufficient exploration to define these inferred Mineral Resources as an ‎indicated Mineral Resource and it is uncertain if further exploration will result in upgrading them to an ‎indicated or measured Mineral Resource category.
Mineral Resources are reported at a cut-off grade of 0.2 g/t Au, using a US$/CAN$ exchange rate of 0.75 and constrained within an open pit shell optimized with the Lerchs-Grossman algorithm to constrain the Mineral Resources with the following estimated parameters: gold price of US$1,500/ounce, US$1.50/t mining cost, US$2.00/t processing cost, US$2.50/t G+A, 80% heap leach recoveries, and 45° pit slope[1]
Mineral Resource Estimate prepared in accordance with 43-101 guidelines by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc, with technical report filed July 7,2020.

The Hyland Gold Project, located 70km NE of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt is a sediment hosted, structurally controlled, intrusion related gold deposit, with a large land package (over 125 sq. km), with the resource contained in the Main Zone area (900x600m) daylighting at surface and numerous other known surface gold targets. The Main Zone oxide zone is amenable to heap leach open pit mining, with column leach recoveries of 86%. The project has an existing gravel access road.

Table 4 shows the Hyland Main Zone Indicated Gold Resource Estimate, prepared in accordance with NI 43-101, at a 0.3 g/t gold equivalent cutoff, contains 8.6 million tonnes grading 0.85 g/t AuEq for 236,000 AuEq ounces with an Inferred Mineral Resource of 10.8 million tonnes grading 0.83 g/t AuEq for 288,000 AuEq ounces. NI 43-101 prepared by Robert Carne, Allan Armitage and Paul Gray on May 1, 2018.

Table 4: Hyland Main Zone Indicated Gold Resource Estimate

Cut-off Grade

(AuEq g/t)

In situ Tonnes

Au

Ag

AuEq

Grade (g/t)

Ozs

Grade (g/t)

Ozs

Grade (g/t)

Ozs

Indicated

0.3

8,637,000

0.78

216,000

7.04

1,954,000

0.85

236,000

Inferred

0.3

10,784,000

0.77

266,000

5.32

1,845,000

0.83

288,000

(1) Mineral resources which are not mineral reserves do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate.

(2) Mineral resources are reported at a cut-off grade of 0.3 g/t AuEq. AuEq grade is based on $1,350.00/oz Au, $17.00/oz Ag and assumes a 100% recovery. The AuEq calculation does not apply any adjustment factors for difference in metallurgical recoveries of gold and silver. This information can only be derived from definitive metallurgical testing which has yet to be completed.

Banyan trades on the TSX-Venture Exchange under the symbol "BYN". For more information, please visit the corporate website at www.BanyanGold.com or contact the Company.

ON BEHALF OF BANYAN GOLD CORPORATION

(signed) "Tara Christie"
Tara Christie
President & CEO

For more information, please contact:
Tara Christie
Tel: (888) 629-0444
Email: tchristie@banyangold.com

David Rutt
Tel: (888) 629-0444
Email: drutt@banyangold.com

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Banyan's objectives, goals or future plans, statements regarding exploration expectations, exploration or development plans and mineral resource estimates. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, uncertainties inherent in resource estimates , capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, enhanced risks inherent to conducting business in any jurisdiction, and those risks set out in Banyan's public documents filed on SEDAR. Although Banyan believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Banyan disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Statements in this news release regarding Banyan which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "will", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations.

SOURCE: Banyan Gold Corp.

ReleaseID: 601962

VANCOUVER, BC / ACCESSWIRE / August 17, 2020 / Silver Range Resources Ltd. (TSXV:SNG) ("Silver Range") is pleased to announce that it has signed a Letter of Intent with Volt Energy Corp. (TSX-V:VOLT) ("Volt") to allow Volt to option the drill-ready Cold Springs Project.

Cold Springs is a low sulphidation epithermal prospect approximately 80 km east of Fallon on Highway 50 in Churchill County, NV. High grade gold and silver mineralization occurs in four major gently west-dipping quartz chalcedony veins exposed in the footwall of a west-dipping range front (normal) fault. The veins are in a package of generally west-dipping rhyodacitic crystal through lithic-crystal tuff, capped by a maroon lithic tuff breccia. Individual veins are exposed for up to 70 m in the scarp face and are up to 2.0 m wide. Ginguro bands and clots of pyrite occur in colloform banded quartz-chalcedony veins with local bladed quartz-after-calcite texture. Selected specimens of this material sampled by Silver Range have assayed up to 20.1 g/t Au and 1,770 g/t Ag. Best drill results from these veins were reported in an ASARCO drill hole (CS83-03) which returned 3.05 m @ 4.25 g/t Au. (See Silver Range News Release dated October 31, 2018). The vein mineralization cross-cuts a large envelope of pervasive quartz flooding in the maroon lithic tuff. This earlier style of mineralization was thoroughly drill tested by previous operators east of the vein exposures and averaged 0.113 g/t Au and 2.81 g/t Ag in 38 shallow drill holes.

The westward dip of the veins and the altered maroon lithic tuff together with the results of extensive historic drilling centered east of the vein exposures indicates that the source and centre of the epithermal system lies beneath alluvium west of the exposed mineralization in the down-dropped hanging wall block. Shallow drill holes in the hanging wall near the fault trace intersected the same maroon lithic tuff hosting mineralization in the footwall. A three-dimensional induced polarization survey covering the favorable hanging wall stratigraphy west of the range front fault located a large resistivity low at a depth of approximately 80 m beneath covering alluvium. This feature is roughly 200 m west of the range front fault in an area which has never been drill tested. The resistivity low is interpreted to be caused by argillic alteration in the core of the epithermal system. The style of mineralization and exploration setting at Cold Springs is similar to that of the Sleeper Deposit in Humboldt County.

Transaction terms

Volt can acquire a 75% interest in the Cold Project by paying Silver Range an aggregate of $300,000 in cash and performing a minimum of 2,000 meters of drilling on the Property over a three-year period. Silver Range will retain a 2.5% net smelter return that can be bought down to 1% for a cash payment of $1,250,000. Volt and Silver Range have agreed to complete a Definitive Agreement prior to August 31, 2020.

Technical information in this news release has been approved by Mike Power, M.Sc., P.Geo., President and CEO of Silver Range Resources Ltd. and a Qualified Person for the purposes of National Instrument 43-101.

Silver Range is a precious metals prospect generator working in Nevada, Nunavut and the Northwest Territories. Silver Range has a portfolio of 23 active projects in Nevada. In total, the company has assembled a portfolio of 45 properties, 10 of which are currently optioned and being explored by partners. Silver Range is actively seeking joint venture partners to explore the high grade precious metal targets in its portfolio.

Additional information on Silver Range's properties may be found on the company's website at www.silverrangeresources.com.

ON BEHALF OF SILVER RANGE RESOURCES LTD.

"Mike Power"
President, C.E.O. & Director

For further information concerning Silver Range or its exploration projects please contact:

Investor Inquiries

Richard Drechsler
Vice-President, Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
http://www.silverrangeresources.com

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

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

SOURCE: Silver Range Resources Ltd.

ReleaseID: 602005

LOS ANGELES, CA / ACCESSWIRE / August 17, 2020 / Compare-autoinsurance.org (http://compare-autoinsurance.org/) has released a new blog post that presents the main reasons why a car insurance claim can be rejected by the insurer.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/car-insurance-claim-can-rejected/

Car insurance was created with the purpose of reimbursing clients. When an accident or other covered event happens, the policyholder files a claim and waits for the case to be analyzed and receive financial compensation from the insurer. However, there are several situations in which the claim will be rejected by the insurer. A claim can be rejected for the following reasons:

Not informing the carrier about the incident in due time. If the policyholder does not notify the insurer about the event or informs it too late, he may end up with a rejected claim. Policyholders should know that they have the obligation to inform the insurance company as soon as possible or at least in a specific timeframe, which is usually mentioned in the contract. If the driver notifies the insurer about the accident after 48 hours, but the deadline was 24 hours, he may end up with a rejected claim.
Driving under the influence of alcohol or illegal substances. DUI/DWI is a serious felony, one which will not be forgiven by the insurance company. Claim can be rejected and the company may even drop coverage. A common scenario involves a drunk driving hitting a tree or a fence. The insurance company may refuse to provide collision coverage.
A car covered by personal auto insurance is used for commercial purposes. Claims can be easily rejected when a personal car is involved in an accident while doing commercial activities. The vice-versa is also possible. For example, when a commercial car transports other people than workers or staff to the workplace. Only the driver is insured.
Driving while the license is expired. If a person drives with an expired/suspended license and causes an accident, the insurance company will reject any claim.

For more car insurance info and money-saving tips, please visit http://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

"Insurance companies do not reject claims without solid reasons to do so. Find out the usual scenarios when a car insurance claim can be rejected", said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:

Company Name: Internet Marketing Company
Person for contact Name: Gurgu C
Phone Number: (818) 359-3898
Email: cgurgu@internetmarketingcompany.biz
Website: http://compare-autoinsurance.org/

SOURCE: Internet Marketing Company

ReleaseID: 601919

TORONTO, ON / ACCESSWIRE / August 17, 2020 / CordovaCann Corp. (CSE:CDVA) (OTCQB:LVRLF) ("Cordova" or the "Company"), a cannabis-focused consumer products company, is pleased to announce that it has made its final payment to 2734158 Ontario Inc. ("273") in relation to the previously announced acquisition of 50.1% of the subsidiary. 273, which owns a cannabis retail operating license from the Alcohol and Gaming Commission of Ontario has two cannabis retail stores in Ontario open under the Star Buds Cannabis Co. ("Star Buds") brand name and is working to open many more in the province.

The Company's first Star Buds store in Barrie generated gross revenues over $213,000 in the first 15 days of August, with a gross margin of 35%. This equates to a run rate of over $5.1 million in annual gross revenues. Sales have increased each week the store has been open with the exception of one week, and profits continue to increase with sales.

The Company's second Star Buds store in Bradford generated gross revenues over $144,000 in the first 15 days of August, with a gross margin of 35%. This equates to a run rate of over $3.4 million in annual gross revenues. Sales have increased each week the store has been open, and the store is pacing ahead of the Barrie store at this point in its lifecycle.

Cordova continues to work towards opening an additional eight Star Buds cannabis retail stores, currently in development across Canada in the coming months. The continued growth experienced in its first two Star Buds locations has given the Company increased confidence in its retail business model and future store openings.

"Our first two Star Buds stores are already materially exceeding our expectations and we look forward to quickly expanding our footprint in Canada," said Taz Turner, Chairman and CEO of Cordova. "Cordova is excited to bring the Star Buds brand to additional provinces soon, and these openings are expected to drive the Company to profitability."

Cordova has also closed on a non-brokered private placement offering (the "Offering") of 3,024,521 shares of common shares (the "Shares") at a price of $0.32 per common share for gross proceeds of $967,846; of which $552,501 was received in cash and $415,345 was issued in settlement of outstanding fees and debt. The Shares issued under the Offering are subject to a statutory four month and one day hold period expiring on December 17, 2020, and such further restrictions as may apply under foreign securities laws.

The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any other state securities laws and therefore may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the benefit of, United States persons absent registration or an applicable exemption from registration requirements.

This press release does not constitute an offer to sell or a solicitation to purchase any securities of the Company in the United States. All reference to dollar amounts in this press release are in Canadian Dollars unless stated otherwise.

About CordovaCann Corp.

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

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" under the provisions of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of the Company. All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable Canadian securities laws, including statements with respect to the Company's planned business activities, the anticipated benefits of the acquisition of common shares of 273 and the prospect of opening additional retail stores and the acquisition of additional common shares of 273 pursuant to the Transaction. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" , "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" , "believes", or variations or comparable language of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking information is necessarily based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including anticipated costs and ability to achieve business objectives and goals.

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

Company Contact:

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

SOURCE: CordovaCann Corp.

ReleaseID: 602001