Corrugated box manufacturers are invested in strengthening distribution networks to keep up with the need for restocking inventories of essential commodity producers for the duration of the covid-19 crisis.

DUBAI, UAE / ACCESSWIRE / August 13, 2020 / The corrugated boxes market is anticipated expand at a moderate 4.3% CAGR between 2018 and 2028. The industry is likely to witness steady demand throughout the crisis period, owing to massive demand from the essential goods sectors including food & beverages, pharmaceuticals, and other FMCG goods producers. Demand for corrugated boxes is likely to continue growing even after the end of the pandemic, as restrictions on non-essential industrial sectors are removed.

"As consumers display greater bias towards better product protection, efficiency in labeling and branding along with sustainability, corrugated boxes have become essential for operations in the e-commerce sector, which will contribute to revenue streams through the forecast period," states the FMI analyst.

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Corrugated Boxes Market- Critical Takeaways

Fit to product box on demand systems will generate substantial demand, owing to demand for customized secondary packaging.
Corrugated boxes manufactured from recycled fibers are gaining traction, supported by sustainability initiatives across the packaging sector.
Asia Pacific is displaying major growth in the corrugated boxes market supported by high international trade and ecommerce activity.

Corrugated Boxes Market- Drivers

Massive growth of ecommerce retail sector is a major factor contributing to demand for corrugated boxes.
Rising importance being given to secondary packaging for rigorous handling requirements in logistics will support adoption.

Corrugated Boxes Market- Restraints

Poor endurance to heavy mechanical stress limits the application of corrugated boxes.
Corrugated boxes are often not resistant to moisture, which restrains adoption in select applications.

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Coronavirus Impact on Corrugated boxes Market

Corrugated boxes manufacturers continue to focus on production operations to keep up with the requirements of packaging for essential products including pharmaceutical, personal care products, and food. The corrugated packaging industry has been recognized as essential by government bodies around the world. On the other hand, the coronavirus has been found to survive for days on board materials, which are also used to produced corrugated boxes limiting short term prospects.

Competitive Landscape

Shanghai DE Printed Box, Smurfit Kappa Group plc, A.D. Incorporated of Milwaukee, International Paper Co., Bee Packaging, WestRock Co., Shillington Box Co. LLC, Georgia Pacific LLC, Wertheimer Box Corp., Pratt Industries Inc., and Acme Corrugated Box Co., are some of the leading manufacturers of corrugated boxes.

Corrugated box manufacturers have been observed to invest resources in expansion of facilities and production capacities through strategic acquisitions and expansion of existing assets.

For instance, Indiana based Welch Packaging has announced the acquisition of Excel Display and Packaging to boost corrugated box and digital printing portfolios. Astron Paper & Board Mill Ltd has received approval from the government to open a new corrugated packaging production unit in Gujarat India. Similarly, Gulf Packaging has opened a new sustainable corrugated packaging facility in Alabama.

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About the Study

The study offers readers an assessment of the corrugated boxes market. Global, regional and national-level analysis of the latest trends influencing the corrugated boxes market is covered in this FMI report. The study provides insights according to board type (single face, single wall, double wall, and triple wall), material (virgin and recycled containerboard), grade (liner and fluting), product type (slotted, folder, telescope, and die cut), and end use (food, beverages, electrical & electronics, textile & apparel, tobacco, e-commerce, building & construction, homecare, automotive, healthcare, personal care & cosmetics, and chemicals & fertilizers) in seven regions (North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan, and MEA).

Explore FMI's Coverage of the Packaging Industry

Container Glass Market– Get insights on the global container glass market through FMI's report covering quantitative and qualitative analysis for projection period 2016-2026.

Cosmetic Pencil and Pen Packaging Market– FMI's exhaustive study on the global cosmetic pencil and pen packaging market covers the latest trends, innovations, key players, and popular strategies for the period 2019-2029.

Confectionery Packaging Market– Obtain detailed analysis on the confectionery packaging market through FMI's report covering competitive analysis, key regions, and segmental analysis for 2017-2027.

About Future Market Insights

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

Contact:

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/corrugated-boxes-market
Press Release Source: https://www.futuremarketinsights.com/press-release/corrugated-boxes-market

SOURCE: Future Market Insights

ReleaseID: 601559

TROY, MI / ACCESSWIRE / August 13, 2020 / BNP Media Packaging Group announced that the 2020 Converters Expo will be a virtual experience instead of an in-person event. The Virtual Expo will feature leading authorities providing the most up-to-date innovations and technologies in the converters industry. Converters Expo Virtual Event will be live August 24-25, 2020 and will be available through March 2021 on Evolve: The Next Generation of Event Experience, a new virtual platform powered by BNP Events. To register to attend for free click here.

"For the past 13 years, Converters Expo has been the best source for converting solutions, from packaging and bags to tissues and diapers and more. Given the importance of health and safety for the entire converters community, we have made the decision to transition the upcoming Converters Expo event, which was schedule to be held in-person in Green Bay, WI, to a fully virtual event," said Glen Gudino, group publisher for BNP Media Packaging Group. "We invite professionals looking for contract manufacturers, printing, packaging, test services and other solutions to join their peers in the converting industry for all the remarkable information and networking that Converters Expo provides."

The virtual event will begin on Monday, August 24 at 10:00 am CT with a State of the Industry Keynote Presentation featuring Barb LaMue, President & CEO, New North, Inc, an 18-county regional economic development corporation in northeast Wisconsin whose mission is to harness and promote the region's resources, talents and creativity for the purpose of growing the regional economy.

Attendees will also have access to a Virtual Tour of Paper Converting Machine Company (PCMC) Facilities with demos of their Fusion C flexographic printing press, Meridian Elite laser anilox cleaner, and Ares 400-SUP pouch machine on Monday, August 24th at 1:00 pm CT.

Converters Expo will offer a virtual exhibit hall where companies will showcase their products and be available to network with attendees. Participating exhibitors include Platinum Sponsors: BankFirst, BOLDT, Dorey Converting Systems; Gold Sponsor Inficon; and Bronze Sponsors: AccuWeb/BST North America; Paper Converting Machine Company; PRECO; and Valley Grinding & Mfg. For attendee registration visit https://www.packagingstrategies.com/converters-expo/attendee-information.

Converters Expo is produced by the BNP Media Packaging Group, which consists of Flexible Packaging and Packaging Strategies magazines and Converters Expo South and Global Pouch Forum. Packaging Strategies has delivered up-to-the-minute, unbiased packaging industry news, information and analysis to audiences across multiple platforms since 1983. The event is owned by BNP Media (www.bnpmedia.com) which produces industry-specific B2B publications, as well as national and international business meetings, conferences, trade shows, webinars, and industry events with one goal in mind: providing superior information to help professionals succeed in business.

For Further Information, Contact:

Amy Riemer, Media Relations Representative
978-475-4441 (office) 978-502-4895 (cell)
amy@riemercommunications.com

SOURCE: Converters Expo

ReleaseID: 601521

Major endoscopic ultrasound needle manufacturers are leveraging the demand for minimally invasive cytological and histological studies, to support demand in the port-pandemic period.

DUBAI, UAE / ACCESSWIRE / August 13, 2020 / The global endoscopic ultrasound needles market is likely to grow to a valuation of approximately US$405 Mn between 2017 and 2025. Endoscopic procedures are often associated with the spread of droplets, splashes, and secretions from patients, which makes the risk of virus transmission much higher. Consequently, with guidelines to postpone non-urgent endoscopic medical procedures the endoscopic ultrasound needle market is expected to witness a short-term slump in demand.

"Applications of endoscopic ultrasound needles including bronchial endoscopy and procedures in areas other than the gastrointestinal tract are expected to generate growth opportunities in the near future. Investments into research for potential new applications will aid market growth for years to come," says the FMI study.

For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-9247

Endoscopic Ultrasound Needles Market – Key Takeaways

Endoscopic ultrasound aspiration needles are highly sought after owing to application in lung cancer and pleural effusions.
Non-Hodgkin Lymphoma diagnosis applications generates significant revenue, with associated tech advancements in EUS needles.
North America remains a key market for endoscopic ultrasound needles, supported by rising use of gastroenterology, pulmonology, and oncology procedures.

Endoscopic Ultrasound Needles Market – Key Driving Factors

The widespread and expanding population of geriatrics, coupled with high numbers of gastrointestinal cancer cases, aid market growth.
Applications in diagnosis of numerous chronic ailments in the pancreas, lungs, and gastrointestinal tracts generate key lucrative opportunities.

Endoscopic Ultrasound Needle Market – Key Constraints

Shortage of adequately skilled healthcare professionals is a major challenge to adoption of endoscopic ultrasound needles.
Endoscopic ultrasound needles pose a notable risk of infection, which hurts sales and use.

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The Anticipated Impact of Coronavirus

The increased risk of covid-19 transmission through the endoscopic procedures is a key factor that is hindering the demand for endoscopic ultrasound needles through the crisis period. Postponed elective endoscopic procedures enforced through government lockdown guidelines will hamper short term market growth. On the other hand, recovery of the industry is likely to be strong as the pandemic subsides, and pending endoscopy procedures are performed towards 2021.

Competition Landscape

Major manufacturers in the endoscopic ultrasound needle market include but are not limited to CONMED Corp., Medtronic, Boston Scientific Corp., Medi-globe, Cook Medical, ACE Medical Devices Pvt. Ltd., and Olympus Corp.

Endoscopic ultrasound needle manufacturers have been found investing research efforts into product development and launch initiatives and into getting faster regulatory approvals for their offerings.

For instance, Olympus Corp. has announced that its EZ Shot 3 plus 25 G, single use endoscopic ultrasound needle has acquired FDA approval for aspiration and biopsy procedures. Similarly, Exact Imaging has received FDA approval for its new, Sterile Transperineal Needle Guide for micro-ultrasound systems. Further, Cook Medical has introduced the EchoTip ProCore endobronchial ultrasound needle, to extract histological samples from the pulmonary region.

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More About the Report

The FMI's market research report offers detailed insights on endoscopic ultrasound needle market. The market is scrutinized on the basis of product type (fine aspiration needles and fine biopsy needles), end user (ambulatory surgical centers, specialty clinics, and hospitals), and application (enteral EUS needles and bronchial EUS needles), across six key regions (North America, Latin America, Europe, Japan, Asia Pacific, and Middle East and Africa).

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Microfluidics Market: Get an in-depth analysis on the microfluidics market with insights on growth levers, opportunities, regulations, restraints, regional markets and market leaders between 2016 and 2026.

About FMI

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

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

Report: https://www.futuremarketinsights.com/reports/endoscopic-ultrasound-needles-market
Press Release Source: https://www.futuremarketinsights.com/press-release/endoscopic-ultrasound-needles-market

SOURCE: Future Market Insights

ReleaseID: 601557

GRAND RAPIDS, MI / ACCESSWIRE / August 13, 2020 / Inc. magazine today revealed that ITPartners+ is No. 214 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

"I'm beyond excited to be able to share this honor with the team here," said Kevin Damghani, Chief Partner Experience Engineer at ITPartners+. "The vetting process from Inc. magazine was quite rigorous. I had hopes that we would make the list, but never dreamed we would rank so high."

ITPartners+ has experienced a three-year revenue growth of 2,028% in the competitive IT market. In that time their customer base has grown from the Grand Rapids area to cover nine states. In 2020 they have also been recognized as an SMB Hot 101, an annual list from Channel Futures for Managed Service Providers serving the SMB market.

ITPartners+ joins four other West Michigan companies in the exclusive top 500 rankings, though remains the only IT management company in that category.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.

"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."

About ITPartners+
ITPartners+ is an IT Managed Services Provider with headquarters in Grand Rapids, MI. ITPartners+ has rapidly grown thanks to our core values of Do Great Work, Make It Fun, and Think Big. These values inform how we treat our partners and have helped us foster a work environment that is supportive, goal-oriented and just plain fun.

CONTACT:
Noelle Pedersen
Marketing Lead, ITPartners+
Noelle@itpartners.com

SOURCE: ITPartners

ReleaseID: 601577

CHICO, CA / ACCESSWIRE / August 13, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received an equipment order totaling $370,000.

The order is for a refurbished Taylor Machine X360L forklift with a capacity of 36,000 pounds. The equipment, which is in inventory, will ship next week to a container handling facility in Southern California. The Company also shipped spare parts totaling $6,000 to customers on the West Coast.

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional corporate information, online heavy equipment inventory/ pricing and videos.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor and Media Relations

McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com

SOURCE: AmeraMex International, Inc.

ReleaseID: 601537

NEW YORK CITY, NY / ACCESSWIRE / August 13, 2020 / The endearing desire to impart truth to others, and in the process bring together different perspectives, can only be sustained by one's passion. So goes the story of Brandon ‘Scoop B' Robinson, who grew up with the roots of journalism.

Brandon ‘Scoop B' Robinson
Photo credit: Getty Images

Brandon grew up in both Northern New Jersey and New York City. From an early age, Brandon grew a keen interest in athletes and celebrities. Their family business contributed to Brandon's first steps into the industry. His involvement with renowned people started when he worked for his family's Athlete's Foot sneaker store located in Harlem, New York. It was in those moments when he interacted with NBA Hall of Famers' Dominique Wilkins and Hakeem Olajuwon. He was also introduced to jazz musician Dizzy Gillespie. These experiences significantly contributed to his keen enthusiasm for the world of journalism.

He started to work on what he loves most at the age of twelve. In 1997, he tried his hand at radio broadcasting. He was airing on AM radio's 1660 AAHS World Radio & later via 620 AM One-On-One Sports with the then-New Jersey Nets as the host of Nets Slammin Planet alongside Albert King, Evan Roberts, and Lynn Wilson. In addition to radio work with the Nets, he'd also conduct locker room interviews with players at the arena. During his childhood radio days, he learned what his capabilities were and what was going to make him happy in the long run; he also rubbed elbows with other notable journalists in the field who became household names like Fox Sports' Chris Broussard and ESPN's Adrian Wojnarowski and Stephen A. Smith.

Over the last ten years, he's made headway in television, most notably with CBS, NBC, CNN, FOX, and MSG Networks. He's also appeared on the popular video game NBA 2K and has worked as a writer for several magazines in print and online. Robinson has worked as a staff writer, managing editor, columnist, and senior columnist for Source Magazine, RESPECT Magazine, and Basketball Society Online.

In 2016, Brandon started his Podcast, Scoop B Radio. This project came to be on the grounds of his practice during his younger years and passion for media and sports. Part of his effort was in digitizing his childhood cassette interview tapes of prominent people like Dikembe Mutombo, BJ Armstrong, Scott Burrell, and Kendall Gill. Today, he streams more timely interviews with stars like Pete Sampras, Allen Iverson, Charles Barkley, Shaquille O'Neal, and many more. What sets Brandon and Scoop B Radio apart from other podcasts is his authentic touch.

He is devoting his time in disseminating knowledge while honing his skills. He has guests from a wide range of industries, most prominent among them are DJ Khaled, Susan Bennett (the person who voices Siri), and Dallas Mavericks owner, Mark Cuban. Brandon makes sure to follow the code of ethics of a journalist, which is reflected in his podcast. To do this, he incorporates "truthfulness, accuracy, objectivity, impartiality, fairness, and public accountability" into everything he is doing. Thus, Scoop B Radio is recognized in Forbes, New York Post, New York Daily News, Complex, and FOX News for its credibility. In 2019, Brandon's podcast reached the 2 million mark on the number of streams he gained.

The list of Brandon's engagements does not stop there. If he is not in front of the camera or the microphone, Brandon is quietly sitting in front of his computer as a senior writer, composing articles for Heavy.com.

At present, Brandon "Scoop B" Robinson has accumulated over 20 years of experience in the fields of sports and entertainment. Brandon continues to use his platform to spread information and inspiration.

To get more information about Brandon, visit his website. Get updated with details on his podcast at Scoop B Radio.

CONTACT:

Email: bookscoopb@gmail.com
Phone number: 917-727-8202
Website: ScoopBRadio.com

SOURCE: Scoop B Radio

ReleaseID: 601569

Medical holography product manufacturers are investing in 3D modeling functionalities for coronavirus strains to boost market prospects during the covid-19 pandemic.

ROCKVILLE, MD / ACCESSWIRE / August 13, 2020 / The global medical holography market is anticipated to rise at a staggering 34% CAGR throughout the assessment period from 2020 to 2026, with steadily widening scope of application in the field of healthcare. The coronavirus pandemic is expected to generate lucrative growth opportunities as medical holography systems are gaining use in remote training for medical students in Europe and North America during nationwide lockdowns. Also, medical holography devices are also finding roles in 3D imaging of pathogens including the coronavirus, which can help in vaccine and treatment research.

"In addition to a growing number of clinical applications including radiological and surgical procedures, dentistry, orthopedics, and cardiac studies, the integration of new technologies such as, miniaturized LEDs and pico-projectors are expected to provide impetus to the market through superior imaging in the near future," says the FACT.MR report.

Request a sample of the report to gain more market insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=4798

Medical Holography Market- Key Takeaways

Medical education applications will witness a surge in the medical holography market, owing to higher efficacy as training tools in comparison to traditional alternatives.
Pharma research laboratories and CROs are the primary end users of medical holography, driven by demand for dynamic live cell imaging and phase contrast imaging requirements.
North America remains a leading user of medical holography, aided by the growing burden of chronic disease on the regional healthcare system, and demand for faster diagnostic tech.

Medical Holography Market- Driving Factors

Higher investments into modernized infrastructure in surgical rooms will promote the adoption of medical holography.
Biomedical research on minute microbial and anatomical structures will support market growth.

Medical Holography Market- Major Restraints

Limited investments in the healthcare sectors of developing countries hinders adoption of medical holography.
Shortage of medical professionals with expertise in handling medical holography devices hurts market prospects.

COVID-19 Impact on Medical Holography Market

The lockdown restrictions imposed by governments during the coronavirus pandemic have generated favorable growth opportunities for players in the medical holography market. As remote training for medical professionals becomes the norm, medical holography is playing a larger role in academic education applications. Further, researchers working on the covid-19 virus are benefiting from advanced capabilities of modern medical holography systems to image nano-scale microbes such as the coronavirus strain, which will prove profitable for the market.

Explore the global Medical Holography market with 70 figures, 33 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/4798/medical-holography-market

Competitive Landscape

Holoxica Ltd., RealView Imaging Ltd., Koninklijke Philips N.V., EchoPixel Inc., zSpace Inc., Integraf LLC, Nanolive SA, HoloTech Switzerland AG, Lyncee Tec SA, and EON Reality Inc. are some of the leading medical holography manufacturers in the global market.

Players in the medical holography market are largely invested in product development with the integration of new technologies and software for bolstering functionality of their offerings.

For example, RealView Imaging Ltd. has unveiled Holoscope-I camera, capable of real-time 3D holographic interaction and visualization in medical intervention processes. Holoxica Ltd. has collaborated with Access Center for Photonics Innovations Solutions and Technology Support for the development of holography video technology for medical imaging manipulation. Further, EchoPixel Inc. has revealed a medical holography intraoperative software for interactive 3-D anatomical imaging services for heart procedures.

About the Report

This study offers readers a comprehensive market forecast of the medical holography market. Global, regional and country-level analysis of the top industry trends impacting the medical holography market is covered in this FACT.MR study. The report offers insights on the medical holography market on the basis of product (holographic display, holography microscope, holography prints, and holography software), application (medical imaging, medical education, and biomedical research), and end user (academic centers, pharmaceutical & biotechnology companies, and hospitals), across five regions (North America, Latin America, Europe, Asia Pacific, and MEA).

Explore FACT.MR's Comprehensive Coverage of Healthcare Landscape

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Cardiovascular OCT Imaging Market– Obtain analysis on the global Cardiovascular OCT Imaging market through FACT.MR's latest report covering competitive analysis, key regions, along with segmental analysis for 2018-2028.

About Fact.MR

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

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PR- https://www.factmr.com/media-release/1566/global-medical-holography-market

SOURCE: Fact.MR

ReleaseID: 601558

Not for distribution to United States news wire services or for dissemination in the United States

VANCOUVER, BC / ACCESSWIRE / August 13, 2020 / Metallic Minerals Corp. (TSXV:MMG)(US OTC:MMNGF) ("Metallic Minerals" or the "Company") announced today that it has completed its previously announced private placement financing (the "Offering"). A total of 20 million units were sold at a price of $0.40 per unit for gross proceeds of $8 million. The Offering was led by Canaccord Genuity Corp. on behalf of a syndicate of underwriters including Red Cloud Securities Inc. and Mackie Research Capital Corporation (collectively, the "Underwriters").

Each unit consisted of one common share and a half warrant. Each whole warrant is exercisable into a common share for 24 months at a price of $0.60.

The net proceeds from the Offering are planned to be used for exploration and development activities on the Company's high-grade silver and gold projects and for general corporate purposes.

Greg Johnson, CEO and Chairman of Metallic Minerals, commented: "With the completion of this financing, we are well -positioned to accelerate our on-going exploration and drilling program at the Keno Silver project in the Yukon, the largest program in company history, as well as to advance our La Plata project in Colorado. We received strong participation from new institutional investors, resulting in an upsized and oversubscribed financing, and were pleased to have Eric Sprott's continued support with expanded ownership via his second investment into Metallic Minerals."

The Company paid the Underwriters a cash commission of $435,000 and issued 1,087,500 broker warrants. Each broker warrant is exercisable, for a period of 24 months, into one common share on payment of $0.40.

All securities issued pursuant to the offering are subject to a statutory hold period of four months plus a day from issuance in accordance with applicable Canadian securities laws.

The Offering constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as insiders of the Company subscribed for an aggregate of 3,937,500 Units for $1,575,000. The Company relied on the exemptions in Section 5.5(b) – Issuer Not Listed on Specified Markets from the formal valuation requirements of MI 61-101, and relied on the exemption in Section 5.7(1)(a) – Fair Market Value Not More Than 25 Per Cent of Market Capitalization from the minority shareholder approval requirements of MI 61-101. The Company did not file a material change report at least 21 days before the expected closing date of the Offering as the aforementioned insider participation had not been confirmed at that time and the Company wished to close the Offering as expeditiously as possible.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Metallic Minerals also announced today that Mr. William (Bill) Harris has stepped down from the board of directors and will join the Company's advisory board where he will continue to provide valuable insight and guidance on exploration and development strategies. Mr. Harris is one of the original founders of Metallic Minerals and the Company wishes to thank him for his years of service as a director and is grateful for his ongoing commitment to the advancement of its promising silver and gold projects.

About Metallic Minerals

Metallic Minerals Corp. is a growth stage exploration company, focused on high-grade silver and gold in underexplored brownfields mining districts. Our objective is to create shareholder value through a systematic, entrepreneurial approach to exploration in the Keno Hill silver district, La Plata silver-gold-copper district, and Klondike gold district through new discoveries and advancing resources to development. All three districts have seen significant mineral production and have existing infrastructure, including power and road access. Metallic Minerals is led by a team with a track record of discovery and exploration success on several major precious and base metal deposits, as well as having large-scale development, permitting and project financing expertise.

About the Metallic Group of Companies

The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of large, brownfields assets in established mining districts adjacent to some of the industry's highest-grade producers of silver and gold, platinum and palladium, and copper. Member companies include Metallic Minerals in the Yukon's high-grade Keno Hill silver district and La Plata silver-gold-copper district of Colorado, Group Ten Metals in the Stillwater PGE-nickel-copper district of Montana, and Granite Creek Copper in the Yukon's Minto copper district. The founders and team members of the Metallic Group include highly successful explorationists formerly with some of the industry's leading explorer/developers and major producers. With this expertise, the companies are undertaking a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven, but under-explored, mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada and its member companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Website: www.metallic-minerals.com
Email: chris.ackerman@metallic-minerals.com
Phone: 604-629-7800
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Forward-Looking Statements

Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding including the closing date of the Offering and the use of proceeds of the Offering, risks relating to the ability of the Company to obtain required regulatory approvals, complete definitive documentation, fulfill all conditions precedent, complete the Offering on the terms announced, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Metallic Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Group Ten and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.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.

SOURCE: Metallic Minerals Corp.

ReleaseID: 601570

FORT WORTH, TX / ACCESSWIRE / August 13, 2020 / Sanara MedTech Inc.

Based in Fort Worth, Texas, Sanara MedTech Inc. ("Sanara" or the "Company") (OTCQB:SMTI), a provider of wound and skincare products dedicated to improving patient outcomes, announced today its strategic, operational and financial results for the quarter and six-months ended June 30, 2020.

Ron Nixon, Sanara's Executive Chairman stated, "Sanara's second quarter 2020 results reflect both the impact of the COVID-19 pandemic on the Company and our team's steps to mitigate this impact while continuing to develop new opportunities and execute on our strategy. Although April and May saw a significant slowdown in sales, June reversed that revenue trend with record sales for the month. We expect to continue to build on the success we had in June moving forward."

Second Quarter 2020 Strategic and Operational Highlights

As a result of the COVID-19 pandemic, the Company significantly reduced costs in areas such as payroll, consulting, business travel, and other discretionary spending. Additionally, the Company expanded the use of virtual technologies to reach customers for both sales opportunities and training.

In May 2020, the Company executed a new license agreement with Rochal Industries, LLC for an autolytic debrider wound dressing currently under development.

The Company worked with the World Reference Center for Emerging Viruses and Arboviruses at the University of Texas Medical Branch at Galveston to determine if BIAKŌS™ has the ability to inactivate SARS-CoV-2 in solution. Testing indicated a 99.96% reduction (below the limit of detection) of SARS-CoV-2 within 30 seconds in the presence of BIAKŌS™.

An additional recent study conducted by Analytical Lab Group, an industry leader in specialty contract lab testing, determined that BIAKŌS™ is also effective against human coronavirus in solution by achieving a ≥99.96% reduction in viral load. According to the study director, "there was no evidence of viral infectivity so we would say the virus was completely inactivated."

Previous testing has shown that BIAKŌS™ ANTIMICROBIAL SKIN & WOUND CLEANSER achieves over a 99.9999% kill in solution within 30 seconds and a complete kill within 1 minute against MRSA and VRE, indicating that BIAKŌS™ is a wound and skin cleanser that remains effective even when these microorganisms are present.
 
The Company has significantly invested in corporate infrastructure in 2020 with the hiring of a Chief Commercialization and Regulatory Officer, Dan Walsh. In early 2020, Sanara retained a Compliance Officer, Bill Fitzgerald, to oversee the Company's ongoing compliance program focusing on policy development, training and compliance with the Company's Code of Ethics.
 
Sanara's current sales team includes 16 surgical regional sales managers (RSMs) and 5 wound care RSMs.

Commentary on Future Products

The Company expects to launch its BIAKŌS™ ANTIMICROBIAL WOUND GEL this year to complement its BIAKŌS™ ANTIMICROBIAL SKIN & WOUND CLEANSER. Both products are effective against planktonic microbes as well as immature and mature biofilms. When used in conjunction, the cleanser can be used initially to clean a wound and disrupt biofilms (removing 99% in 10 minutes). The gel can then be applied and will remain in the wound for up to 72 hours, eliminating biofilms between normal dressing changes.

Third Quarter 2019 Consolidated Financial Results

Revenues. The Company generated revenue of $2,967,183 for the three months ended June 30, 2020, compared to revenue of $3,017,489 for the three months ended June 30, 2019, representing a 2% decrease in revenue from the prior year. The lower second quarter revenue was due to the suspension of elective surgeries and restricted access to patient facilities throughout most parts of the United States as a result of the COVID-19 pandemic.

For the six months ended June 30, 2020, revenue totaled $6,491,514, compared to revenue of $5,504,385 for the six months ended June 30, 2019, an 18% increase from the prior year period. The higher revenue in 2020 was primarily due to strong revenues growth during the first quarter as well as the month of June resulting from the execution of the Company's strategy to expand its sales force and independent distribution network in both new and existing U.S. markets.
 
Cost of goods sold. Cost of goods sold for the three months ended June 30, 2020, was $348,675, compared to costs of goods sold of $334,829 for the three months ended June 30, 2019. Cost of goods sold for the six months ended June 30, 2020, was $678,863, compared to costs of goods sold of $624,169 for the six months ended June 30, 2019. The increase over prior year was primarily due to higher sales volume.
 
Selling, general and administrative expenses ("SG&A"). SG&A expenses for the three months ended June 30, 2020, were $3,624,027, as compared to $2,983,248 for the three months ended June 30, 2019. SG&A expenses for the six months ended June 30, 2020, were $8,530,565, as compared to $5,333,611 for the six months ended June 30, 2019.

The higher SG&A expenses in YTD 2020 were primarily due to increased payroll costs resulting from sales force expansion and operational support, and higher sales commission expense as a result of higher product sales. Direct selling costs represented the vast majority of the increase in total SG&A costs as we increased the size of our field sales organization from nine in June 2019 to twenty-one in June of 2020.

The higher SG&A expenses are consistent with the Company's strategy of building out a larger sales force and independent distribution network. New sales representatives generally take six to twelve months to begin generating significant revenue. The Company expects SG&A expenses to decline as a percentage of revenue in the next two years as revenue generated by new sales representatives begins to offset the cost of the sales force expansion.
 
Net income / loss. The Company had a net loss of $1,129,557 for the three months ended June 30, 2020, compared to net loss of $352,471 for the three months ended June 30, 2019. The Company had a net loss of $2,970,569 for the six months ended June 30, 2020, compared to net loss of $515,043 for the six months ended June 30, 2019.

The net loss was due to higher SG&A costs described above, which were driven by the Company's strategy to grow top-line revenue through significant investments in sales force expansion and related sales support infrastructure. The Company expects SG&A expenses to decline as a percentage of revenue in the next two years as the revenue generated by its new sales force begins to offset the sales force expansion expense.

About Sanara MedTech Inc.

With a focus on improving patient outcomes through evidence-based healing solutions, Sanara MedTech Inc. markets and distributes wound and skincare products to physicians, hospitals, clinics, and all post-acute care settings. We are constantly seeking long-term strategic partnerships with a focus on products that produce efficacious outcomes at a lower overall cost. Our products are primarily sold in the North American advanced wound care and surgical tissue repair markets. Sanara MedTech markets and distributes CellerateRX® Surgical Activated Collagen® to the surgical markets as well as the following products to the wound care market: BIAKŌS™ Antimicrobial Skin and Wound Cleanser, HYCOL™ Hydrolyzed Collagen, and PULSAR II™ Advanced Wound Irrigation™ (AWI). In addition, Sanara is actively seeking to expand within its six focus areas of wound and skincare for the acute, post-acute, and surgical markets. The focus areas are debridement, biofilm removal, hydrolyzed collagen, advanced biologics, negative pressure wound therapy adjunct products, and the oxygen delivery system segment of the healthcare industry. For more information, visit SanaraMedTech.com.

Information about Forward-Looking Statements

The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development and any other statements not constituting historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks, contingencies and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the Company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

Investor Contact:

Callon Nichols, Director of Investor Relations
713-826-0524
CNichols@sanaramedtech.com

SOURCE: Sanara MedTech Inc.

ReleaseID: 601543