VANCOUVER, BC / ACCESSWIRE / August 25, 2020 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to announce gold-silver drill results from the 2020 Phase I surface drilling program at the Eskay Creek Project ("Eskay Creek") located in the Golden Triangle of British Columbia. Six ground-based and helicopter supported diamond drill rigs are being utilized for the 2020 Phase I program in the 21A, 21B and 21C Zones for Preliminary Feasibility Study ("PFS") resource category conversions. Additionally, the Company is also conducting exploratory drilling in the near-mine environment testing the Water Tower Zone ("WTZ") as well as the largely underexplored Lower Mudstone ("LM") sequences, which lie beneath the historically mined Contact Mudstone sequences. Reference images are presented at the end of this release as well as on the Company's website.

Phase I – 21A Zone Infill Drilling Highlights: Excellent grades over substantial thicknesses

5.93 g/t Au, 40 g/t Ag (6.46 g/t AuEq) over 34.40 metres (SK-20-274)
21.90 g/t Au, 235 g/t Ag (25.03 g/t AuEq) over 35.42 metres (SK-20-290)
6.52 g/t Au, 24 g/t Ag (6.84 g/t AuEq) over 36.50 metres (SK-20-291)

Phase I – Exploratory Lower Mudstones Drilling Highlights: New discovery below historic mining

11.99 g/t Au, 21 g/t Ag (12.27 g/t AuEq) over 5.99 metres (SK-20-274)
5.99 g/t Au, 20 g/t Ag (6.26 g/t AuEq) over 4.20 metres (SK-20-290)

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. Grade capping of individual assays has not been applied to the Au and Ag assays informing the length weighted AuEq composites. Processing recoveries have not been applied to the AuEq calculation and are disclosed at 100%. Samples below detection limit are nulled to a value of zero.

New Deep Mineralization Discovered in Even Lower Mudstone Below 21A Zone

Three drill holes designed for PFS resource category conversion in the 21A Zone were extended to explore the Lower and Even Lower Mudstone ("ELM") sequences. This drilling intersected 5.99 g/t Au, 20 g/t Ag (6.26 g/t AuEq) over 4.20 m within a broader anomalous interval grading 3.67 g/t Au, 12 g/t Ag (3.83 g/t AuEq) over 10.50 m in the ELM at a vertical depth approximately 200 m below surface in a previously unexplored area (SK-20-290). This new discovery of discordant, replacement-style mineralization is hosted within an intercalated sedimentary sequence of mudstones and siltstones. Differing from the overlying historically mined Contact Mudstone, this new discovery possesses a different geochemical signature in that there are no significant concentrations of the pathfinder suite of elements (Hg-As-Sb). Drill holes SK-20-274 and SK-20-291 intersected weakly anomalous mineralization in the Lower Mudstones suggesting they are a greater distance from a yet to be discovered synvolcanic feeder and provide support for the geological concept model. The evidence of mineralization in these lower mudstone units, lying below the historically important Contact Mudstone, could represent not only the discordant, crosscutting epigenetic/replacement style, but also needs to be evaluated for the possible presence of stacked predecessor exhalative synsedimentary mineralization events. This new discovery is entirely open for expansion along strike and up-dip and represents a target amenable to underground mining methods.

Additional Mineralization Discovered in Lower Mudstone Below 21A Zone

Phase I drilling has intersected additional mineralization in the LM grading 11.99 g/t Au, 21 g/t Ag (12.27 g/t AuEq) over 5.99 m within a larger interval averaging 6.49 g/t Au, 11 g/t Ag (6.63 g/t AuEq) over 12.94 m (SK-20-274). This mineralization is situated 50 m below the designed PEA open-pit and 25 m up-dip of the previously reported intersection of 312.81 g/t Au, 95 g/t Ag (314.07 g/t AuEq) over 2.21 m including 1,380.00 g/t Au, 322 g/t Ag (1,384.29 g/t AuEq) over 0.50 m (SK-19-063).

Infill Drill Results Demonstrate Grade and Width Continuity

The infill component of the Phase I program continues to confirm the continuity of the modelled mineralization in the 21A Zone as demonstrated by intersection of 21.90 g/t Au, 235 g/t Ag (25.03 g/t AuEq) over 35.42 m (SK-20-290). Further support for the geological concept model are provided by intersections 5.93 g/t Au, 40 g/t Ag (6.46 g/t AuEq) over 34.40 m and 6.52 g/t Au, 24 g/t Ag (6.84 g/t AuEq) over 36.50 m (SK-20-274 and SK-20-291, respectively), which validated the expected resource grades and mineralization distribution.

"This is the first time Skeena has systematically tested the laterally-extensive Lower Mudstone Sequences with exploratory drilling", notes Paul Geddes, the Company's Vice President Exploration & Resource Development. "With only three drill holes in a very limited area of the property, we have proven the geological concept model that the LM and ELM, laying below the Contact Mudstone, are mineralized by the same fluids that produced the overlying mining area, and are very prospective. Our ongoing 2020 exploration program will continue to focus on syn-volcanic feeder zones with emphasis on where these feeders intersect all the mudstones, specifically the Lower Mudstones discussed here."

Skeena's CEO, Walter Coles Jr. commented, "We've drilled 46 holes at Eskay Creek since we restarted our exploration program in July. This press release represents the assay results from only the first three of those holes. In September we intend to add two more drill rigs, which will bring our rig count up to eight. Over the next six months we will have a steady stream of assay results from both infill and step-out exploration holes, which should make for an exciting fall."

About Skeena

Skeena Resources Limited is a junior mining company focused on developing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a robust Preliminary Economic Assessment in late 2019 and is currently focused on infill and exploration drilling at Eskay Creek to advance the project to Pre-feasibility. Skeena is also exploring the past-producing Snip gold mine.

On behalf of the Board of Directors of Skeena Resources Limited,

Walter Coles Jr.
President & CEO

Qualified Persons

Exploration activities at the Eskay Creek Project are administered on site by the Company's Exploration Managers, Colin Russell, P.Geo. and Adrian Newton, P.Geo. In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration and Resource Development, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting the exploration activities on its projects.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently securely stored on site. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company's Qualified Person, Paul Geddes, P.Geo, Vice President Exploration and Resource Development.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 1kg is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100ppm are re-analyzed using a 50g fire assay fusion with gravimetric finish. Analysis for silver is by 50g fire assay fusion with gravimetric finish with a lower limit of 5ppm and upper limit of 10,000ppm. Samples with silver assays greater than 10,000ppm are re-analyzed using a gravimetric silver concentrate method. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS) and also for mercury using an aqua regia digest with Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) finish. Samples with sulfur reporting greater than 10% from the multi-element analysis are re-analyzed for total sulfur by Leco furnace and infrared spectroscopy.

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Table 1: Eskay Creek Project 2020 Phase I length weighted drill hole gold and silver composites:

HOLE-ID

FROM (M)

TO (M)

CORE LENGTH (M)

AU (G/T)

AG (G/T)

AUEQ (G/T)

ZONE

SK-20-274

81.10

115.50

34.40

5.93

40

6.46

21A

INCLUDING

82.50

84.00

1.50

19.05

175

21.38

21A

AND

84.00

85.00

1.00

19.05

218

21.96

21A

AND

85.00

85.90

0.90

10.85

12

11.01

21A

AND

87.50

88.45

0.95

10.85

10

10.98

21A

AND

100.22

101.00

0.78

9.58

36

10.06

21A

AND

103.00

104.50

1.50

16.40

20

16.67

21A

AND

106.00

107.50

1.50

11.60

157

13.69

21A

SK-20-274

186.06

199.00

12.94

6.49

11

6.63

LM

INCLUDING

186.06

192.05

5.99

11.99

21

12.27

LM

INCLUDING

187.00

188.00

1.00

22.10

41

22.65

LM

AND

190.00

191.00

1.00

25.00

22

25.29

LM

AND

191.00

192.05

1.05

11.70

6

11.78

LM

SK-20-290

79.55

114.97

35.42

21.90

235

25.03

21A

INCLUDING

80.45

81.20

0.75

16.20

9

16.32

21A

AND

82.20

83.20

1.00

13.50

6

13.58

21A

AND

83.20

84.15

0.95

27.90

25

28.23

21A

AND

84.15

85.00

0.85

69.70

15

69.90

21A

AND

85.00

86.00

1.00

99.60

30

100.00

21A

AND

86.00

86.52

0.52

122.50

38

123.01

21A

AND

86.52

87.40

0.88

158.50

2350

189.83

21A

AND

87.40

88.10

0.70

108.00

1450

127.33

21A

AND

88.10

88.85

0.75

206.00

762

216.16

21A

AND

88.85

89.60

0.75

50.30

375

55.30

21A

AND

89.60

90.38

0.78

18.40

6

18.48

21A

AND

107.32

108.70

1.38

4.40

428

10.11

21A

AND

110.00

111.50

1.50

2.48

1480

22.21

21A

SK-20-290

390.50

401.00

10.50

3.67

12

3.83

ELM

INCLUDING

394.00

398.20

4.20

5.99

20

6.26

ELM

SK-20-291

82.00

118.50

36.50

6.52

24

6.84

21A

INCLUDING

82.90

84.00

1.10

11.95

61

12.76

21A

AND

84.00

84.70

0.70

21.80

39

22.32

21A

AND

86.00

87.00

1.00

9.07

192

11.63

21A

AND

87.00

88.00

1.00

27.50

200

30.17

21A

AND

88.00

89.00

1.00

24.80

109

26.25

21A

AND

91.00

92.00

1.00

11.50

<5

11.50

21A

AND

99.00

100.00

1.00

21.50

10

21.63

21A

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. Length weighted AuEq composites were constrained by geological considerations. Grade capping of individual assays has not been applied to the Au and Ag assays informing the length weighted AuEq composites. Processing recoveries have not been applied to the AuEq calculation and are disclosed at 100%. Samples below detection limit were nulled to a value of zero. LM – Lower Mudstone. ELM – Even Lower Mudstone.

Table 2: Mine grid Phase I drill hole locations and orientations:

HOLE-ID

LOCATIONX

LOCATIONY

LOCATIONZ

LENGTH

AZIMUTH

DIP

SK-20-274

9815.3

10030.5

1046.9

506.0

90.0

-55.3

SK-20-290

9815.3

10030.5

1046.9

518.0

88.6

-45.4

SK-20-291

9815.3

10030.5

1046.9

350.0

90.1

-64.6

CONTACT:

Walt Coles Jr.,
President & CEO
Kelly Earle, Vice President Communications
Email: kearle@skeenaresources.com
Tel: (604) 684-8725

SOURCE: Skeena Resources Limited

ReleaseID: 603138

HOUSTON, TX / ACCESSWIRE / August 25, 2020 / ENGlobal Corporation (NASDAQ:ENG), a leading provider of engineered modular solutions, today issued a progress report on the company's contract signed last November to engineer and fabricate a complete hydrogen production facility. This modular process plant will consume approximately 20 percent less feed and fuel gas than conventional hydrogen plants, permitting substantially lower operating costs and a far smaller carbon index.

The engineering and detailed design phase of the hydrogen facility, which will consist of 24 modules and additional supporting structure and pipe supplied by ENGlobal, is expected to be completed by November 2020. The project is currently entering the module fabrication phase, during which all process modules are scheduled to be tested and shipped. This phase is expected to be completed by May 2021.

According to ENGlobal CEO William A. Coskey, P.E., "Our team is proud to report that this important project is currently on schedule and within our estimated cost budget to complete the work. Indicative of our customer's satisfaction with ENGlobal's performance is that we have been awarded additional scope of work, increasing the total value on this project to approximately $25 million – a 15 percent increase over the original award."

"We sincerely appreciate the excellent working relationships we have had with our valued customer and also the collaboration with our process technology provider for this groundbreaking green energy project – the first hydrogen plant of its type in the U.S.," said Bruce Williams, Senior VP. "We look forward to continually expanding our expertise and remaining an innovative leader in the emerging hydrogen economy."

The company will release further details on the status of developing opportunities in this area as events warrant, said Mr. Williams.

About ENGlobal

ENGlobal (ENG) is a provider of engineering and automation services primarily to the energy sector throughout the United States and internationally. ENGlobal operates through two business segments: Automation and Engineering. ENGlobal's Automation segment provides services related to the design, fabrication and implementation of distributed control, instrumentation and process analytical systems. The Engineering segment provides consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. Within ENGlobal's Automation segment, ENGlobal Government Services, Inc. provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry worldwide. Further information about the Company and its businesses is available at www.ENGlobal.com.

Safe Harbor for Forward-Looking Statements

The statements above regarding the company's expectations, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on the company's current expectations and assumptions regarding the company's business, the economy and other future conditions, and are subject to risks and uncertainties. Generally, the words "anticipate," "believe," "estimate," "expect," "may" and similar expressions, identify forward-looking statements, which generally are not historical in nature. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially from the results described in the forward-looking statements due to the risks and uncertainties, including, among other things, (1) the impact of the COVID-19 pandemic and of the actions taken by governmental authorities, individuals and companies in response to the pandemic on the company's business, financial condition, and results of operations, including on the company's revenues and profitability; (2) the effect of economic downturns and the volatility and level of oil and natural gas prices, including the severe disruptions in the worldwide economy, including the global demand for oil and natural gas, resulting from the COVID-19 pandemic; (3) the company's ability to realize revenue projected in the company's backlog and the company's ability to collect accounts receivable and process accounts payable in a timely manner; (4) the company's ability to increase the company's backlog, revenue and profitability; (5) the company's ability to realize project awards or contracts on the company's pending proposals, and the timing, scope and amount of any related awards or contracts; (6) the company's ability to retain existing customers and attract new customers; (7) the company's ability to attract and retain key professional personnel; (8) the company's ability to obtain additional financing when needed; (9) the company's dependence on one or a few customers; (10) the risks of internal system failures of the company's information technology systems, whether caused by the company, third-party service providers, intruders or hackers, computer viruses, malicious code, cyber-attacks, phishing and other cyber security problems, natural disasters, power shortages or terrorist attacks; (11) the uncertainties related to the U.S. Government's budgetary process and their effects on the company's long-term U.S. Government contracts; (12) the risk of unexpected liability claims or poor safety performance; (13) the company's reliance on third-party subcontractors and equipment manufacturers; (14) the company's ability to satisfy the continued listing standards of NASDAQ with respect to the company's common stock or to cure any continued listing standard deficiency with respect thereto; and (15) the effect of changes in laws and regulations, including U.S. tax laws, with which the company must comply and the associated cost of compliance with such laws and regulations. For additional information regarding known material factors that could cause the company's actual results to differ from the company's projected results, please see ENGlobal's filings with the Securities and Exchange Commission, including the company's most recent reports on Form 10-K and 10-Q, and other SEC filings. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Click here to join our email list: http://www.b2i.us/irpass.asp?BzID=702&to=ea&s=0.

CONTACT:

Mark A. Hess
Phone: (281) 878-1000
E-mail: ir@ENGlobal.com

Market Makers – Investor Relations
Jimmy Caplan
512-329-9505
Email: jimmycaplan@me.com

Market Makers – Media Relations
Rick Eisenberg
212-496-6828
Email: eiscom@msn.com

SOURCE: ENGlobal Corporation

ReleaseID: 603122

BALTIMORE, MD / ACCESSWIRE / August 25, 2020 / Slinger Bag Inc. (OTC PINK:SLBG), a sports brand focused on innovative game improvement technology with an initial focus on the global tennis market, today announced that Mike Ballardie, Slinger Chief Executive Officer, will be presenting at the LD 500 virtual investor conference on Wednesday, September 2, 2020 at 3:20 PM EST.

Mr. Ballardie will provide the live virtual audience with a corporate update and share the Company's progress in its expansion into the global tennis market with the Slinger Bag Tennis Ball Launcher. The Slinger Bag is revolutionizing the game for tennis players who struggle to find regular and reliable opponents, and know that typical ball machines are bulky, expensive, and cumbersome. Slinger offers tennis enthusiasts of any skill level the opportunity to practice anytime, anywhere without the need for a playing partner.

The presentation will run for roughly 15 minutes, with a Q&A and one-on-one virtual meetings to follow. The LD 500 will take place on September 1 – 4. To register and request one-on-one meetings, visit: https://ld-micro-conference.events.issuerdirect.com/

"We're thrilled to be presenting at the LD 500," says Slinger CEO Mike Ballardie. "Slinger has been extremely well received on its initial launch in the United States, Japan, U.K and several other key European markets. Thanks to support from Hall of Fame Coach Nick Bollettieri and future Hall of Fame doubles legends The Bryan Brothers, we are in the midst of a widely successful pre-order campaign that is closing in on $1.5 million in orders placed during its initial 100 days, demonstrating our strong market support among tennis enthusiasts. This conference will provide us with the opportunity to expose the Slinger story to a broader audience, and illustrate the potential of Slinger Bag as a game changer in the ball sports equipment industry"

View Slinger Bag's LD Micro 500 profile here:http://www.ldmicro.com/profile/SLBG

For more information or to order a Slinger Bag visit: www.slingerbag.com

For Investor Relations inquiries contact investors@slingerbag.com or 443-407-7564

For U.S & CANADA., please contact the U.S. Press Office, Meryl Rader, meryl@cgprpublicrelations.com, at CGPR, 908-528-3826

For U.K. and Europe contact the UK Press Office, Joe Murgatroyd, Press@slingerbag.com, at BrandNation, +44(0)207 940 7294

Legal Counsel: Kalfa Law, Contact Shira@kalfalaw.com

About LD Micro
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone. For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

About Slinger Bag®
Slinger® is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger® enhances the skill and enjoyment levels of players of all ages and abilities. Slinger® is initially focused on building its brand within the global Tennis market, through its Slinger® Tennis Ball Launcher and Accessories. Slinger® has underpinned its proof of concept with in excess of $1 Million in orders of its Tennis Ball Launcher. Led by CEO Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger® is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger® Launcher.

Slinger Bag Disclaimer
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE: Slinger Bag

ReleaseID: 603137

PRINCETON, NJ / ACCESSWIRE / August 25, 2020 / Sonnet BioTherapeutics Holdings, Inc. (NASDAQ:SONN) ("Sonnet" or the "Company"), a biopharmaceutical company developing innovative targeted biologic drugs, announced today that, as part of the previously announced warrant exchange agreement, all 3,300,066 Series A Warrants have been exercised at a price of $3.19 per share. Gross proceeds to the Company were $10.5 Million.

"The warrant exercise by our institutional shareholders gives us a good cash position to continue to execute on our pre-clinical and clinical pipeline," commented Jay Cross, CFO.

After the exercise of these warrants, there are no additional Series A warrants outstanding, which leaves the Company with 2,308,663 Series B Warrants and 11,329,461 Series C Warrants outstanding. In the event all the Series C Warrants are exercised for cash, the Company could receive up to an additional $36.1 million. With this Series A Warrants exercise, Sonnet's outstanding share count and pro forma fully diluted share count equals 14.7 million and 29.3 million, respectively."

About Sonnet BioTherapeutics Holdings, Inc.

Founded in 2011, Sonnet BioTherapeutics is an oncology-focused biotechnology company with a proprietary platform for innovating biologic drugs of single or bispecific action. Known as FHAB (Fully Human Albumin Binding), the technology utilizes a fully human single chain antibody fragment (scFv) that binds to and "hitch-hikes" on human serum albumin (HSA) for transport to target tissues. FHAB is the foundation of a modular, plug-and-play construct for potentiating a range of large molecule therapeutic classes, including cytokines, peptides, antibodies and vaccines.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Sonnet Biotherapeutics Investor Contact

Alan Lada
Solebury Trout
617-221-8006
alada@soleburytrout.com

SOURCE: Sonnet BioTherapeutics, Inc.

ReleaseID: 603174

Presentation on Tuesday, September 1st at 10:20am ET

SOUTH ORANGE, NJ / ACCESSWIRE / August 25, 2020 / Nephros, Inc. (NASDAQ:NEPH), a commercial-stage company that develops and sells water purification products and pathogen detection systems to the medical and commercial markets, today announced that it will be presenting at the LD 500 virtual investor conference on Tuesday, September 1st at 10:20am ET. Andy Astor, President and Chief Executive Officer of Nephros will be presenting to a live audience via webcast.

Register here: https://www.webcaster4.com/Webcast/Page/2019/36062

The LD 500 will take place on September 1st – 4th, 2020.

About LD Micro

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

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

About Nephros

Nephros is a commercial-stage company that develops and markets high-performance water purification products and pathogen detection systems for medical and commercial markets.

Nephros ultrafilters are used in hospitals, medical clinics, and commercial facilities to retain bacteria and viruses from water, providing barriers that aid in infection control for showers, sinks, and ice machines. Nephros ultrafilters are also used in dialysis centers to aid in the removal of endotoxins and other biological contaminants from water and bicarbonate concentrate in hemodialysis machines.

Nephros pathogen detection systems, including the PluraPath and SequaPath systems, provide near-real time information on bacterial genera, waterborne bacteria, and viruses to medical and water safety professionals. These products integrate Nephros ultrafilters with DNA sequencing and quantitative polymerase chain reaction (qPCR) technology.

Nephros commercial filters, including AETHER™ brand filters, improve the taste and odor of water, and reduce scale build-up in downstream equipment. Nephros and AETHER products are used in the health care, food service, hospitality, and convenience store markets.

For more information about Nephros, please visit its website at www.nephros.com.

Contacts:

Investor Relations

Kirin Smith, President
PCG Advisory, Inc.
(646) 863-6519
ksmith@pcgadvisory.com
www.pcgadvisory.com

Media Relations

Bill Douglass
Gotham Communications, LLC
(646) 504-0890
bill@gothamcomm.com
www.gothamcomm.com

Company

Andy Astor, CEO
Nephros, Inc.
(201) 345-0824
andy@nephros.com
www.nephros.com

SOURCE: Nephros, Inc.

ReleaseID: 602544

LOS ANGELES, CA / ACCESSWIRE / August 25, 2020 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that President and CEO Gayn Erickson and CFO Ken Spink are scheduled to present to a live audience at the LD Micro 500 virtual investor conference on Thursday, September 3, 2020 at 8:20am Pacific Time (11:20am ET) and will be available for one-on-one meetings with investors throughout the day on September 2nd and 3rd.

The online presentation will be webcast live and available for replay at the investor relations section of Aehr's website at aehr@mkr-group.com. For additional information or to schedule a one-on-one meeting with Aehr, please contact your LD Micro representative.

The LD 500 will take place September 1-4 and will feature some of the most prominent companies in the micro-cap world, with 500 companies expected to provide updates. Register here: https://ld-micro-conference.events.issuerdirect.com/

View Aehr Test Systems' profile here: http://www.ldmicro.com/profile/AEHR. Profiles powered by LD Micro – News Compliments of Accesswire

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world.

What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space.

The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

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

About Aehr Test Systems

Headquartered in Fremont, California, Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has over 2,500 systems installed worldwide. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products in package, wafer level, and singulated die/module level test. Aehr Test has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for both lower power and higher power logic devices as well as all common types of memory devices. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as leading-edge memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a new low-cost single-wafer compact test and reliability verification solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The WaferPak contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of both bare die and modules. For more information, please visit Aehr Test Systems' website at www.aehr.com.

SOURCE: Aehr Test Systems via LD Micro

ReleaseID: 603163

VANCOUVER, BC / ACCESSWIRE / August 25, 2020 / Empress Royalty Corp. ("Empress" or the "Company") is pleased to announce it has entered into a strategic alliance agreement (the "Alliance Agreement") with Accendo Banco, S.A. ("Accendo") to collaborate in respect to the acquisitionby Empress of royalties and streams and potentially otherinvestments in the Mexican mining sector. Empress currently has an existing portfolio with 13 North American gold royalties and the Alliance is part of the Company's diversification into Latin America utilizing the strong and well-connected relationship of Accendo. In addition, Empress has strengthened its management team throughthe appointment of David Rhodes as Executive Chairman and Richard Vigil as Vice President – Americas, and the engagement of Endeavour Financial as its investment manager, as well as, retained the services of Peak Investor Marketing Corp ("Peak").

"We are excited to announce our strategic alliance with Accendo. Our relationship with Accendo is expected to accelerate Empress' acquisition of precious metal royalties on developing and cash producing projects in Mexico," stated Alexandra Woodyer Sherron, CEO and President of Empress. "The addition of Endeavour Financial and Richard Vigil to the Empress team adds valuable expertise in global deal flow and deal structuring that will further support our ability to create shareholder value and expand our precious metals royalty and stream portfolio. Additionally, we look forward to working with Peak and believe they will be able to create effective market awareness and allow us to connect with our shareholders."

"On behalf of Accendo Banco we are very excited to become involved with Empress as an important shareholder and strategic alliance partner and intend to move rapidly to complement their team with our technical team and large network in Latin America to support deal flow," stated Javier Reyes, Chairman and CEO of Accendo Banco.

"We are delighted to see the support from strong partners for the execution of Empress' aggressive growth plans," stated David Rhodes, Managing Director of Endeavour Financial.

Strategic Alliance Agreement

Accendo is an active investor and lender in the mining industry in Mexico and provides the Company with a strong partner in a country which is one of the top ten gold producers in the world. During the course of its business and through its extensive connections, Accendo becomes aware of opportunities to acquire royalties or streams in Mexican mining projects. Pursuant to the Alliance Agreement, Accendo will notify Empress of any Mexican royalty and stream opportunities of which it becomes aware, and if requested by Empress, assist in investigating and potentially acquiring such royalties or streams by making introductions, assisting Empress in undertaking due diligence and negotiating agreements to acquire such royalties or streams. Accendo's obligations under the Alliance Agreement are exclusive to Empress in respect of precious metal projects and mines.

Strengthening & Building Management Team

David Rhodes has been appointed Executive Chairman of Empress. Mr. Rhodes is the Managing Director of Endeavour Financial, one of the top mining financial advisory firms, with an award-winning track record of success in the mining industry, specialising in arranging multi-sourced funding solutions for development companies. Mr. Rhodes' career in the finance industry has spanned more than 25 years and he has arranged over US$18 billion of funding for mining companies.

Richard Vigil, based in New York City, has been appointed as Vice President – Americas. Mr. Vigil is a mining engineer who has worked in the industry and finance sector for more than 12 years, recently as a consultant to Accendo. He will work with Empress and Endeavour Financial to develop royalty and streaming investment opportunities in the Americas. Mr. Vigil will provide the Company with technical, financial, commercial, and structuring services.

Endeavour Financial has been appointed to act as the investment manager of the Company, and will develop, review, analyse, recommend and execute global precious metals investment opportunities for Empress.

The Company has also signed a twelve-month marketing services agreement with Peak Investor Marketing Corp. to develop and implement a marketing program to create market awareness.

Initial Private Placement

Empress has closed its initial round of financing on a private placement basis for CAD$1.5 million by the issue of 30,000,000 common shares (the "Offering"). Concurrent with the execution of the Alliance Agreement, Accendo and its affiliates subscribed for 26.3% of the Offering, Endeavour Financial subscribed for 24.09% of the Offering and Terra Capital has subscribed for 23.5% of the Offering, with the result that each of them holds 19.9% of Empress' common shares post-closing Insiders and key investors subscribed for the balance of the Offering. Post-closing the Company has 39,615,384 common shares outstanding.

About Accendo Banco

Accendo Banco's mission is to accelerate the growth of medium-sized companies with potential through foreign exchange services, fiduciary and credit services, and advisory services to the Mexican mining industry. Accendo offers customized and innovative financial solutions, backed by a reliable and transparent team and management. With extensive experience in the mining industry in Latin America and a team of experts in the different areas of mining including geologists, engineers and financial analysts, Accendo is the perfect partner for mining companies. High standards are the cornerstone of all project analysis. Accendo promotes the strengthening and integration of the mining sector and its production chains, providing support to the mining industry, as well as its suppliers, whether national or international.

About Endeavour Financial

Endeavour Financial, with offices in London, UK and George Town, Cayman Islands, is one of the top mining financial advisory firms, with a record of success in the mining industry, specialising in arranging multi-sourced funding solutions for development-stage companies. Endeavour Financial, founded in 1988, has a well-established reputation of achieving success with over US$500 million in royalty and stream finance, US$4 billion in debt finance and US$28 billion in mergers and acquisitions. The Endeavour Financial team has diverse experience in both natural resources and finance, including investment bankers, geologists, mining engineers, cash flow modellers and financiers.

About Terra Capital

Terra Capital is a specialist investment manager with a proven track record of performance and with a management team that is strongly aligned with investors. Founded in 2010, Terra Capital is an Australian based specialist investment manager for sophisticated, wholesale and retail clients. Based in Sydney, the firm has established itself as one of the best performing boutique fund managers in Australia.

About Peak Investor Marketing Corp.

Peak Investor Marketing Corp. provides full-service marketing and consulting services focused on the junior mining sector. Peak is an independent arms-length entity and will assist Empress Royalty with marketing strategy and planning, corporate communications and public relations, with the goal of increasing market awareness of the company.

About Empress Royalty Corp.

Empress is currently a private royalty & streaming company focused on building a strong portfolio of global investment opportunities in precious metals mining companies. Empress has an existing portfolio of 13 gold royalties on projects in North America and is actively focused on finding industry partners with development and production stage projects who require additional non-dilutive capital. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.

On behalf of Empress Royalty Corp.

Per: Alexandra Woodyer Sherron, CEO and President

For further information, please contact Alexandra Woodyer Sherron, CEO and President, by phone at +1.604.331.2080 or email at info@empressroyalty.com

This news release contains statements about Empress' expectations regarding the Alliance Agreement which are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "believes", "anticipates", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Although Empress believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include Empress Royalty not being successful in or deciding not to pursue opportunities in the royalties business. The forward-looking statements contained in this news release are made as of the date hereof, and Empress undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law. Readers should not place undue reliance on forward-looking statements or information.

SOURCE: Empress Royalty Corp.

ReleaseID: 603151

Speedy's Cash for Junk Cars is a nationwide junk car buyer with a presence in almost all the states. It specializes in junk car removal from premises through a quick and efficient process, offering immediate payment to car owners.

RIVERSIDE, CA / ACCESSWIRE / August 25, 2020 / According to announcements released by Speedy's Cash for Junk Cars and Chris McBride, this business has a reputation as a professional junk car buyer with a nationwide presence. It specializes in buying those cars, trucks, vans, SUVs, etc. that may not attract buyers in the market. It is open to purchasing vehicles of any make and model and in any condition.

Car owners with vehicles that are dented, damaged, and in bad condition can earn cash from their automobiles. Before the actual junk car removal happens, car owners are advised to clear the car of their personal items, clear the trunk, and check the glove box for papers, receipts, etc. It is advisable to remove license plates from the vehicle. Residents of states that demand a notarized title must ensure that this requirement is fulfilled.

Speedy's ensures swift towing of the junked car once the deal is finalized. Generally, this can happen on the same day or within two days. Payments are made at the time when the vehicle exchanges hands. Speedy's pays via check or cash. Sellers who may not be present at the pick-up site can have the check mailed to them. The company recommends examinations as a safer and reliable option for sellers. After the sale is finalized, the junk car seller should contact the DMV to return the license plates and cancel the vehicle registration.

For more information, go to https://speedyscashforjunkcars.com/california/riverside/

Chris McBride of Speedy's Cash for Junk Cars said, "Our mission is to make car selling as easy as possible for you and the cars you never thought you could sell quickly. We have years of experience in car buying and strive to make every sale as easy and painless as possible for our sellers. Dealing with selling a clunker can be tiresome, endless, aggravating, and more. We want to eliminate that part of the process for you and provide peace of mind.

Tell us the make, model, and year of manufacture. Tell us if it is in running condition. If there are any issues with the car, share the information with us. We strive to be as transparent as possible about your vehicle and offer fair market value for what we see. Our qualified technicians will show up, evaluate the vehicle, load it up, and pay you right away."

Explaining the cash for the car process, Mcbride said, "Visit the main page of our website. There, you'll see a form for a "quote request." You will need to fill in the year, make, and model of your vehicle on the form, as well as information on where the junk car is and your best idea of its condition. We've refined our online system, so once you fill in the form, we can usually give you an instant offer. In case we don't have answers for you right away, we will contact you as soon as we can."

Contact and location information are available at Speedy's Cash for Junk Cars

Contact Info:
Name: Chris McBride
Email: Send Email
Organization: Speedy's Cash for Junk Cars
Address: 1370 Halifax Dr Riverside CA 92506
Phone: 951-330-4877
Website: https://speedyscashforjunkcars.com/

Video URL: https://www.youtube.com/watch?v=YnABh4cmO6U

Location: https://www.google.com/maps?ll=34.617695,-115.967051&z=6&t=m&hl=en&gl=US&mapclient=embed&cid=7046478359315500755

SOURCE: Speedy's Cash for Junk Cars

ReleaseID: 603220

OCALA, FL / ACCESSWIRE / August 25, 2020 / AIM ImmunoTech (NYSE American:AIM), today announced that it will be presenting at The LD 500 Investor conference being held virtually on September 1-4, 2020.

Thomas K. Equels, Chief Executive Officer of AIM ImmunoTech, is scheduled to present on Tuesday, September 1st at 1:20 p.m., Eastern Time. The presentation will be webcast live on the conference event platform, which can be accessed here. One-on-one meetings will be held throughout the conference via video conference calls.

The LD 500 will feature the most prominent companies in the small and micro-cap world, alongside interviews and keynotes with thought leaders from various industries.

To schedule a one-on-one meeting with AIM ImmunoTech, you may submit your request online via the link provided upon registration or email your request to wade@ldmicro.com. To register for the conference, contact David Scher at david@ldmicro.com or visit https://ld-micro-conference.events.issuerdirect.com/.

View AIM ImmunoTech's LD Micro profile here: https://www.ldmicro.com/profile/aim

Profiles powered by LD Micro – News Compliments of Accesswire

About LD Micro

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

About AIM ImmunoTech Inc.

AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics to treat immune disorders, viral diseases and multiple types of cancers. AIM's flagship products include the Argentina-approved drug rintatolimod (trade names Ampligen® or Rintamod®) and the FDA-approved drug Alferon N Injection®. Based on results of published, peer-reviewed pre-clinical studies and clinical trials, AIM believes that Ampligen® may have broad-spectrum anti-viral and anti-cancer properties. Clinical trials of Ampligen® include studies of cancer patients with renal cell carcinoma, malignant melanoma, colorectal cancer, advanced recurrent ovarian cancer and triple negative metastatic breast cancer. These and other potential uses will require additional clinical trials to confirm the safety and effectiveness data necessary to support regulatory approval and additional funding. Rintatolimod is a double-stranded RNA being developed for globally important debilitating diseases and disorders of the immune system.

Contacts:

Crescendo Communications, LLC
Phone: 212-671-1021
Email: aim@crescendo-ir.com

AIM ImmunoTech Inc
Phone: 800-778-4042
Email: IR@aimimmuno.com

SOURCE: AIM ImmunoTech via LD Micro

ReleaseID: 603130