Shaun L McKay Discusses the Pivot to e-Learning and how Higher Education has Adapted in Response to COVID-19

MANORVILLE, NY / ACCESSWIRE / September 29, 2020 / While universities have progressed into e-learning over the past two decades, many, including Santa Clara University, had not offered an online course until the COVID-19 pandemic caused an emergency need to host classes. While universities only began offering these courses in March 2020, Dr. Shaun L. McKay examines the lessons learned so far by higher education on e-learning in this article.

Educator Shaun L. McKay Explains the Lessons Learned

1. What higher education offered on the fly since March does not constitute real e-learning, counsels career educator Shaun L. McKay. An e-learning program and each of its courses require months of planning and preparation. Most universities threw together tools that would enable their professors and instructors to go from sudden shut down to class on the schedule, explained Shaun L. McKay. That forced schools like Santa Clara to move "from a university that offered no online courses to a university that offered only online courses," it said in a statement quoted in The Chronicle of Higher Education. This quick move to online courses qualifies as remote education, but that differs massively from true e-learning. It makes an important first step towards a more permanent move to online education.

2. It takes time and proper tools to build a true program of online instruction explains Shaun L. McKay. While the two weeks of spring break helped US colleges and universities prepare for the onslaught of university-wide e-teaching, they need more time. The summer months provided some of that, enabling schools to search for more appropriate tools and put better frameworks in place than the ad-hoc methods used to make it through the semester, in which COVID-19 became a worldwide pandemic. This preparation provides a fallback if the return to campus gets cut short by a resurgence of the virus or flu season brings a different wave of problems.

3. Use what you have got and make the best of it, says Shaun L. McKay. The tools schools used already existed, and they had access to them. Some schools already owned the learning-management systems software they used to place the entire catalog of courses online. Rather than reinvent the wheel, they turned to popular video conferencing software like GoToMeeting and Zoom.

4. What the school next door uses may not work for you, says former university president Shaun L. McKay. Rather than choose for its professors, Texas A&M University let its professors decide on their platform based upon what other professors at the school already used. That limited selection whittled down the choices, but it also gave students no continuity. It let professors quickly choose a program they felt some comfort using, which helped speed them online. The cobbled-together systems provide one reason this is not actually a move to e-learning yet. Each university needs time to study which learning-management system would work best for its curriculum and then implement it with a formal training program for instructors.

5. Moving to online education does not cost a lot. That shocked many schools in a good way said, Shaun L. McKay. These relatively minor expenses and the reduction in overhead let some smaller schools experiencing funding issues make up some of their shortfalls. The hardware and software came to about $40,000 for most schools.

6. Students matter most and e-courses allow them to continue the most important aspect of their college experience – the education. In a time of worldwide instability, online education allowed them to have one constant, classes being continued.

Shaun L. McKay said the emergency turn toward teaching over the Internet could help spur more schools to move classes online. Schools now have a crash course in how to do it, and once the pandemic ends, they can take a breath and do it right, revolutionizing American education.

CONTACT:
Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Dr. Shaun L. McKay

ReleaseID: 608305

HOUSTON, TX / ACCESSWIRE / September 29, 2020 / FLAME SEAL PRODUCTS, INC. (OTC PINK:FLMP), a leading provider of Specialty Chemicals for the Passive Fire Protection Market, today issues the following update to its Stockholders.

From: Craig Keyser, CEO

Subject: June 30, 2020 Second Quarter Results and Corporate Update

Second Quarter Results for 2020

Flame Seal (FSP) revenues for the second quarter of 2020 were $320,721, a decrease of $379,331 or 54% less than the first quarter, resulting in a loss of $144,676.

Balance Sheet Update

FSP's current ratio of assets to liabilities was 1.85 versus 2.8 in the first quarter. Receivables remain current. Flame Seal has no outstanding litigation issues as of June 30, 2020. As of June 30, 2020, FSP had 73,304,096 reflecting no change since March 31, 2020.

Financial statements for June 30,2020 are included below.

Corporate Update

Craig Keyser comments, " 2020 is proving to be an extremely challenging year. The Pandemic has persisted in postponing, in some cases for an indeterminate amount of time, re-orders and new business revenues. Our emergency plan has sustained us to this point, but business must improve this Fall and early 2021. We've reduced our cost structure to bare operating minimums. In spite of these extraordinarily difficult times, we have continued vital testing of our new technology to address promising and rapidly expanding $multimillion markets. Research and Development (R & D) have yielded extremely positive results which bode well for strengthening FSP's core coating business and new product offerings.

As stated before, we continue to bid on large scale projects as we focus on expanding direct marketing. This business-to-customer initiative is expected to become a promising source of revenue if and when normal business operations come back on line.

We are deeply thankful for the outstanding effort of our loyal and dedicated employees performing bravely and brilliantly in this unprecedented time, as well as appreciative of the support of our Board of Directors."

About Flame Seal

Flame Seal Products, Inc., manufacturer of the world's number one fire prevention technology, was founded in 1992 as a research and development company focused on the investigation and application of passive Fire Prevention Technologies. FLAME SEAL PRODUCTS, INC. (FLMP) began trading its common stock on March 27, 2000. Flame Seal Products, Inc. is also the Transfer Agent of record. The company offers a wide variety of Code Driven solutions for a number of diverse applications and industries, and has developed three passive fire prevention technologies which are the basis for the company's products. For more information, go to: http://flameseal.com.

Safe Harbor Statement

Certain statements in this release may be "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. Flame Seal takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Flame Seal.

June 30, 2020 Financial Statements (unaudited)
Profit & Loss
April through June 2020

 
Apr – Jun 20
 

Ordinary Income/Expense

Income

 
 
320,720.53
 

Cost of Goods Sold

 
 
154,608.75
 

Gross Profit

 
 
166,111.78
 

Expense

 
 
310,715.52
 

Net Ordinary Income

 
 
(144,603.74
)

Other Income/Expense

Other Income

Other Income

 
 
26.41
 

Total Other Income

 
 
26.41
 

Other Expense

815 – Interest Expense

 
 
98.91
 

Total Other Expense

 
 
98.91
 

Net Other Income

 
 
(72.50
)

Net Income

 
 
(144,676.24)
 

Balance Sheet
As of June30, 2020

ASSETS
Current Assets

 
Jun 30, 20
 

Checking/Savings

 
 
304,726.64
 

Accounts Receivable

 
 
169,946.39
 

Other Current Assets

161 – Inventory

 
 
324,048.46
 

173 – Undeposited Funds

 
 
7,572.71
 

Total Other Current Assets

 
 
331,621.17
 

Total Current Assets

 
 
806,294.20
 

Fixed Assets

183 – Property, Plant, and Equipment

 
 
395,713.14
 

185 – Lab Equipment

 
 
700.00
 

189 – Less Accumulated Depreciation

 
 
(398,792.46
)

Total Fixed Assets

 
 
(2,379.32
)

Other Assets

190 – Deferred Tax

 
 
837,672.42
 

191 – Patents & Product Development

 
 
233,622.74
 

192 – Valuation Allowance

 
 
(837,672.42
)

199 – Less Accumulated Amortization

 
 
(233,622.74
)

Total Other Assets

 
 
0.00
 

TOTAL ASSETS

 
 
803,914.88
 

LIABILITIES & EQUITY

Liabilities

Current Liabilities

Accounts Payable

 
 
122,937.49
 

Other Current Liabilities

 
 
312,695.53
 

Total Current Liabilities

 
 
435,633.02
 

Long Term Liabilities

 
 
1,072,661.68
 

Total Liabilities

 
 
1,508,294.70
 

Equity

351 – Treasury Stock

 
 
(22,000.00
)

350 – Additional paid-in capital

 
 
11,566,345.80
 

300 – Common Stock

 
 
691,066.74
 

399 – Retained Earnings

 
 
(12,771,474.17
)

Net Income

 
 
(168,318.19
)

Total Equity

 
 
(704,379.82
)

TOTAL LIABILITIES & EQUITY

 
 
803,914.88
 

Statement of Cash Flows
April through June 2020

 
Apr-Jun 20
 

Operating Activities

Net Income

 
 
(144,709
)

Adjustments to reconcile Net Income

to net cash provided by operations

Depreciation

 
 
9,432
 

Decrease in Accounts Receivable

 
 
287,977
 

Increase in Inventory

 
 
(1,830
)

Increase in Undposited Funds

 
 
(7,051
)

Increase in Accounts Payable

 
 
12,552
 

Total adjustments to Net Income

 
 
301,080
 

Net cash provided by Operating Activities

 
 
156,371
 

Investing Activities

Increase in PPE

 
 
(1,023
)

Net cash proved by Investing Activities

 
 
(1,023
)

Financing Activities

Decrease in N/P Allegiance

 
 
(88,927
)

Increase in PPP Loan

 
 
192,500
 

Decease in LT Notes

 
 
(59,676
)

Decrease in N/P Stockholders

 
 
(24,749
)

Net cash provided by Financing Activities

 
 
19,148
 

Net increase in cash

 
 
174,496
 

Cash at beginning of period

 
 
130,230
 

Cash at end of period

 
 
304,726
 

Investor Relations Contact:

Richard Kaneb
Mobile 949-233-3229
richardkaneb@gmail.com
www.flameseal.com

Craig Keyser, CEO
ckeyser@flameseal.com

SOURCE: Flame Seal Products, Inc.

ReleaseID: 608272

ROCK HILL, SC / ACCESSWIRE / September 29, 2020 / The IRS released another revised version of the Form 941, Employer's Quarterly Federal Tax Return. In response to this, TaxBandits e-filing software has made the necessary changes required for the third quarter deadline.

In addition to all the changes due to COVID-19 tax credits, there are now a few additional changes to account for the payroll tax deferment that the current administration has put into place.

Here is a little background on this new payroll deferment action and how it will affect reporting on Form 941 for the upcoming 3rd quarter deadline.

The current administration has passed a temporary tax deferment as additional aid to businesses struggling through the COVID-19 pandemic. This tax deferment is effective September 1, 2020 through December 31, 2020. During this time employers can not only defer their share of Social Security taxes, but they are now able to defer the employees' share of Social Security taxes.

Employers can choose whether or not they opt into this employee tax deferment. However, despite what an organization chooses, the Form 941, Employer's Quarterly Federal Tax Return, must accommodate these changes.

While there was a complete overhaul of the Form 941 between the 1st and 2nd quarters of 2020, the new revisions for the 3rd and 4th quarter are much more subtle. The majority of these changes revolve around the option to defer employees' share of Social Security taxes.

The following are lines that have been added to the form or adjusted for the 3rd quarter.

Line 1- Number of employees who received wages, tips, or other compensation for the pay period including Sept 12 (Quarter 2) and Dec 12 (Quarter 4)

Line 13b- Deferred amount of Social Security tax

Line 24- Deferred amount of the employee share of Social Security tax included on line 13b

Line 25- Reserved for future use.

These changes will also affect the Form 941-SS and Form 941-PR, plus they will carry over onto the 941 Schedule R.

The deadline for filing Form 941 for the 3rd quarter of 2020 is October 31, 2020. Since this falls on a Saturday this year, the deadline to file will actually be November 2, 2020.

This revised Form 941 will most likely be used for the 4th quarter of 2020, which is due to the IRS on January 31, 2021.

If your business needs a streamlined solution for e-filing Form 941, then www.TaxBandits.com is the software you need. With our simple e-filing process, there is no need to stress over the new additions to the Form. Our software will guide you through Form 941 line by line, we even support Worksheet 1.

Not to mention our new Zero Filing feature allows employers to speed up the filing process exponentially. Employers with no wages to report for the third quarter of 2020 can select this feature when beginning their form. By doing so, our software will automatically generate zeroes in all areas of the form where they are required. This saves users a significant amount of time and prevents any accidental overreporting of taxes.

Co-founder and CEO, Agie Sundaram responds to these changes stating, "As the IRS continues to implement changes to its forms, it is more important than ever that businesses choose an IRS Authorized E-file Provider that they can trust. Here at TaxBandits, we are working to ensure that our clients have the most up to date forms available while maintaining the simplicity of our superior e-filing process."

SPAN Enterprises, the creator of TaxBandits, is an industry leader of software solutions for IRS filing and the transportation industry. Located in the heart of downtown Rock Hill, South Carolina, SPAN proves that big ideas can grow in a small town. With existing Business Management Software such as TruckLogics and Unitwise, ACAwise ACA reporting software, and PayWow, a full-service payroll provider, SPAN Enterprises is on the front lines of innovative business solutions. Learn more at http://www.spanenterprises.com.

About TaxBandits

www.TaxBandits.com is an IRS authorized e-file provider centered around an accurate, simplified, and secure customer experience. TaxBandits software allows for streamlined print, mailing, and e-filing services. In addition to the Form 941, TaxBandits also provides e-filing solutions for W-2 Forms, 1099 Forms, Payroll Forms 940, and 941 as well as ACA Forms. Employers can digitize their W-4 and W-9 Forms with TaxBandits. The TaxBandits software is designed to accommodate the filing needs for businesses of all sizes.

For more information please contact Stephanie Glanville/Content Writer at stephanieglanville@spanenterprises.com or 704.684.4751

SOURCE: TaxBandits

ReleaseID: 608285

LOS ANGELES, CA / ACCESSWIRE / September 29, 2020 / Southern California estate planning firm, The Law Offices of Tony J. Tyre, Esq., APC, is pleased to announce that the State Bar of California Board of Legal Specialization has confirmed Tony J. Tyre, Esq. as a Certified Specialist in Estate Planning, Trust and Probate Law.

This certification process involves both an exam and endorsements by attorneys and judges. Tony is the only such specialist in the Covina-area and in Temple City.

In addition, The Law Offices of Tony J. Tyre, Esq., APC now has a full-time Spanish-speaking staff member, who is available to assist with translation for their Spanish-speaking clients.

Estate planning is more important than ever. Although having a living trust or will which directs the disposition of one's assets after death is a crucial part of the estate planning process, two equally important, but often overlooked documents are the advance healthcare directive and durable power of attorney, which apply while someone is living but incapacitated.

"An advance healthcare directive allows you to choose who would make medical decisions on your behalf if you were to become incapacitated. It also empowers you to set forth your wishes regarding important considerations, such as life support and organ donation," explained Tony.

A durable power of attorney, on the other hand, allows one to choose who would make financial decisions on your behalf and for your benefit, if you are living but incapacitated. Tony said, "For instance, who would pay your bills? Who would deal with financial institutions, social security, government agencies, etc. on your behalf?"

With the threat of Covid-19 at the forefront of everyone's mind right now, many people may feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise.

About Tony J. Tyre, Law Offices of Tony J. Tyre, Esq., APC.

Tony J. Tyre is a highly respected estate planning attorney throughout California. He is a member of the State Bar of California and the U.S. District Court, Central District of California. The Law Offices of Tony J. Tyre, Esq., APC is dedicated to fulfilling all of the estate planning drafting and probate and trust administration needs of its clients. For more information, call (626) 858-9378, or visit http://www.tyrelawgroup.com. The law offices are located at 100 S Citrus Ave., Suite 101, Covina, CA 91723 and 5703 Temple City Blvd., Temple City, CA 91780.

For media inquiries, please call THE NALA at 805.650.6121, ext. 361.

SOURCE: Law Offices of Tony J. Tyre, Esq., APC

ReleaseID: 608278

WASHINGTON, DC / ACCESSWIRE / September 29, 2020 / 48 fishing industry leaders representing fishing organizations from across the country submitted a letter yesterday to the Senate Committee on Energy and Natural Resources recommending improvements to the OFFSHORE Act. These proposed changes would ensure that research and mitigation funds are properly directed and efficiently used, and that federal labor standards are applied consistently to offshore development activities.

The OFFSHORE Act, officially the Opening Federal Financial Sharing to Heighten Opportunities for Renewable Energy Act of 2020, would make several changes to how offshore wind construction is conducted and how research funds are allocated. It would allocate a large portion of offshore wind lease sales to state governments, and allocate some to the National Oceans and Coastal Security Fund for research grants. It would also extend provisions of the Jones Act to require offshore wind developers to use American labor for production activities.

In their letter, the industry leaders called on the Senate to direct OFFSHORE Act funding to the National Marine Fisheries Service (NMFS) to "conduct research, planning and environmental review, and fisheries monitoring." Fully funding NMFS is "the highest research funding priority for any bill addressing [offshore wind]," they wrote, because NMFS has the expertise to contribute to the development process, but faces potentially severe disruptions to its work and currently lacks the resources to keep pace with new developments. These disruptions include a loss of access for its survey efforts, which rely on low levels of scientific uncertainty to accurately inform stock assessments and sustainable fisheries catch levels. NMFS also has the unique ability to conduct cooperative research, which is key to ensuring inclusivity among fishery and regional stakeholders.

The letter also cautioned about funding in the bill provided to states. Currently, the bill allocates resources based on which states are nearest to an offshore wind project, and not based on which states face the greatest socioeconomic impacts. This would be insufficient for fishermen, who often work far from their home state. For example, while New York state and New Jersey are closest to proposed wind development in the New York Bight, its waters provide significant revenue to vessels from Massachusetts. Additionally, the bill does not earmark any of the proposed state funding for fisheries research.

To improve the bill, the industry leaders called for the creation of a contingency fund to compensate members of the fishing industry for any negative environmental impacts that arise as a result of offshore development. Fishermen would be able to use the funds "to adapt to the significant changes in the environment, such as modifications to at-sea and shoreside operations, technology upgrades, innovative gear, or job and skill training."

The letter also recommended the Senate strengthen the Jones Act provisions already in the bill to include all stages of offshore wind development. As written, the bill's Jones Act provisions apply only to energy production, which in the case of wind power could be interpreted as turbine maintenance. This omits the site assessment and construction phases of development, which constitute the majority of offshore wind energy job opportunities.

Read the full letter here

About RODA
RODA represents fishing industry associations and companies dedicated to improving the compatibility of offshore developments with their businesses. RODA's approximately 170 members represent every Atlantic coastal state from North Carolina to Maine, and Pacific coast members in California, Oregon, and Washington.

Press Contact
Bob Vanasse
Stove Boat Communications
(202) 333-2628
bob@stoveboat.com

SOURCE: Responsible Offshore Development Alliance

ReleaseID: 608274

CRANBROOK, BC / ACCESSWIRE / September 29, 2020 / Eagle Plains Resources Ltd. (TSXV:EPL) ("Eagle Plains") is pleased to announce that crews and equipment have been mobilized to EPL's 100%-owned Olson property (the "Property") to commence a 12-hole, 1850m (6000') diamond drilling program. The property is located within the Trans Hudson Corridor 100 km east of La Ronge, Saskatchewan and 80km south of SSR Mining's Seabee Gold Operation.

The Olson property has seen 4500 meters of historic diamond drilling in 61 holes with the majority of the drilling in short holes focused on the Olson Lake and Dosco – Siskin Zones, with the last drill program completed in 2008. 2020 drilling will further test historically drilled zones, as well as previously undrilled and underexplored showings based on a new understanding of gold mineralization controls. The drill target modelling is based on a comprehensive integration of historical work in conjunction with results from the 2020 field program. Numerous drill targets have been generated throughout the 5835 hectare property, with the current program focused on the central part of the property.

The drill program is being funded by SKRR Exploration Inc. (TSX-V:"SKRR") who may earn a 75% interest in the 5038 ha property by completing exploration expenditures of $3,000,000, making cash payments of $250,000 and issuing 1,000,000 voting class common shares to EPL over a 4 year period. Details of the option agreement are outlined below.

The four week program will be supervised by Jarrod Brown, P.Geo of Terralogic Exploration Services of Cranbrook, B.C. and will rely extensively on support services and personnel from the town of Deschambault Lake, SK. Management of Eagle Plains and SKRR would like to extend their thanks to the Peter Ballantyne Cree Nation ("PBCN") for their open communication and input and would like to recognize the Saskatchewan Ministry of Environment and its various agencies and contractors for their efforts in keeping this project moving amidst the challenges that COVID-19 has presented.

See Olson Property map here

2020 Drill Targets

Since staking the Olson project in 2017, Eagle Plains has carried out field programs in 2018 and 2020 which have identified new discoveries and refined the understanding of the nature of the gold mineralization. The 2020 Phase One field program identified widespread gold mineralization in both soil samples and in rock channel samples (see SKRR/EPL news release Sept 10th, 2020). In addition, an IP/ DC Resistivity survey defined a number of target areas coincident with anomalous geochemistry and favorable structural settings. IP-resistivity has been used in the past to successfully identify drill targets at the Olson showing area with drill holes targeting a linear high chargeability and low conductivity feature with a magnetic high and flanking EM anomalies intersecting near-surface mineralization with grades up to 7.5m @ 2.07 g/t Au (SDMI #5093; DDH BL-2). Drilling activity is intended to test three separate target areas:

Jena/Juba Area

The soil geochemical grids established at the Jena-Juba area in 2020 identify a strong northeast trending gold-in-soil anomaly over and along strike from the known workings. The surface vein expression and coincident soil geochemical anomaly trend, in tandem with magnetic geophysical lineaments, delineate the contact between the Brownell Lake pluton and the surrounding Brownell Lake Group. This contact is coincident with increased shearing, alteration intensity and quartz veining. The target is further enhanced by the results from the six lines of IP / DC Resistivity completed in 2020. The combined data outlines a testable mineral strike length in excess of 1 km.

Although the single historic drill hole completed at the Jena intersected 3.87m of 0.86 g/t Au (SMDI #2221; DDH H87-7), 2020 mapping and structural interpretation indicates that the hole was likely oriented parallel to the main structures and may have missed the most prospective targets. A single hole at the Jena will test mineralization along the intrusive / metasediment contact zone coincident with an IP conductivity feature. At the Juba, two drill sites will test a multi-line strong chargeability anomaly consistent with known mineralized trends defined by geochemical sampling and mapping.

Point – Tuscan

The Point-Tuscan grid area is underlain by granite in contact with pelitic schist and volcanic rocks. 2020 prospecting, mapping, channel sampling, infill soil geochemical sampling and 6 lines of IP / DC resitivity geophysics defined coincident geochemical and geophysical anomalies adjacent to contacts with pelitic schist at the Point, and shear/vein systems associated with mafic volcanics within the Hartley Shear Zone at the Tuscan.

The four holes planned at the Point area will test a sheeted vein system defined by the intersection of three parallel NNE Au-anomaly trends with mapped east-west trending shear zones. At the Tuscan, two holes will target 2020 soil geochemical anomalies coincident with geophysical anomaly trends, as well as a deeper IP chargeability feature.

Sisko

Historical drilling at the Sisko intercepted wide zones of low grade discontinuous Au mineralization (SMDI #2219f; DDH S-84-1: 26.22m @ 0.38g/t Au). Detailed mapping and structural interpretation in the Sisko area in 2020 identified a previously un-reported structure that may control the orientation of higher grade ore shoots within both the Sisko structural corridor and in other parts of the property. The three holes planned for the Sisko are oriented to intersect the down-plunge extensions of the surface mineralization.

Some of the above results and information were taken directly from the SMDI descriptions and assessment reports filed with the Saskatchewan government. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work in the Olson property area.

2020 Field Program

The 2020 Olson field program was designed to define targets for diamond drilling program. Discovery International Geophysics completed 13 lines (8.6 line kilometers total) of combined IP/ DC Resistivity over the Point, Tuscan and Juba areas. This was followed by a 13 day geological field program carried out by TerraLogic Exploration Services. Soil sampling, prospecting, field mapping, and channel sampling were undertaken to delineate new areas of gold mineralization as well as advance known showings to identify and prioritize drill targets.

The 2020 exploration program defined widespread gold mineralization in both soil samples and in rock channel samples. Assay results include 17 rock samples over 1.0 g/t Au and 35 soil samples values over 0.1 g/t (100 ppb) Au. Each showing inspected in 2020 returned samples with favourable assay results and the fieldwork conducted furthered the geologic vectoring of gold mineralization.

Olson Project Summary

The Olson project is host to regionally-sheared, highly-strained meta-volcanic and adjacent intrusive rocks which are considered to be prospective for orogenic gold mineralization. The Olson project area is host to 29 mineral occurrences defined by historical geological mapping, prospecting, trenching and 4700 m of diamond drilling. Historical drilling at Olson Lake has intersected 7.5 m grading 2.07 g/t Au including 13.00 g/t Au over 0.65 m, and grab samples of up to 105.52 g/t Au have been collected at the Kalix occurrence. The project is considered to be significantly underexplored, with known gold occurrences open at depth and along strike. Results are historical in nature and have not been confirmed by Eagle Plains/SKRR but are considered to be reliable and will form a basis for ongoing work.

In 2018, Eagle Plains and a previous partner completed a detailed compilation of existing data, followed by a 2- Phase, $150,000 field program which consisted of geological mapping and prospecting and the collection of a total of 862 soil samples and 126 rock samples.

The 2018 field program verified the results of historical work and identified additional targets in areas that were previously underexplored. Grid soil geochemistry at the Jena and Point areas returned extensive gold in soil anomalies. Soil geochemical values ranged from below detection to a maximum of 2704.6 ppb Au, with 6 samples returning greater than 1000 ppb Au. In the Jena area, soil geochemistry delineated a 1.4 km strike length of anomalous soil results greater than 80 ppb Au with a maximum of 1346 ppb Au. The Ackbar-Tuscan-Point area also returned promising results, with a 300m by 100m zone returning values greater than 80 ppb Au and a maximum of 2704.6 ppb Au. Despite widespread gold bearing outcrops, soil geochemistry at the Olson and Juba showing areas returned lower values, likely related to thick clay and soil cover in these areas.

Prospecting in the areas of anomalous soil geochemistry identified gold mineralization associated with shear-hosted quartz veins. Analytical results from outcrop ranged from below detection to a maximum of 45.1 g/t Au, with 20 grab samples returning greater than 1000 ppb Au. The Olson area had a maximum assay of 41.0 g/t Au from an outcrop grab sample of sheeted veins. The Jena area had 20 samples in excess of 1000 ppb Au with a maximum assay of 15.7 g/t Au from quartz-arsenopyrite veins. At the Juba occurrence, a grab sample returned 13.1 g/t Au. Mineralization at the Point and Tuscan area returned maximum values of 9.8 g/t Au at the Point and 45.1 g/t Au at Tuscan.

Olson Option Agreement Details

Under the Agreement, SKRR may earn-in up to a 51% interest in the Property by making certain staged cash payments, share payments of common shares in the capital of SKRR to Eagle Plains and exploration expenditures over a period as follows: (i) $10,000 in cash upon execution of a letter of intent in respect of the Transaction (paid); (ii) $20,000 in cash and 200,000 common shares upon TSXV approval of the Transaction (received); (iii) $40,000 in cash, 200,000 common shares and $200,000 in exploration expenditures on or before December 31, 2020; (iv) $80,000 in cash, 200,000 common shares and $500,000 in exploration expenditures on or before December 31, 2021; and (v) $100,000 in cash, 200,000 common shares and $800,000 in exploration expenditures on or before December 31, 2022.

SKRR may earn-in up to a an additional 24% (75% total) interest in the Property by making additional exploration expenditures of $1,500,000 on the Property and issuing 200,000 common shares of SKRR to Eagle Plains on or before December 31, 2023.

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

About Eagle Plains Resources

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

Expenditures from 2011-2019 on Eagle Plains-related projects exceed $20M, most of which was funded by third-party partners. This exploration work resulted in approximately 30,000 m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.

On behalf of the Board of Directors

"Tim J. Termuende"
President and CEO

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

Cautionary Note Regarding Forward-Looking Statements

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

SOURCE: Eagle Plains Resources Ltd.

ReleaseID: 608123

New collaboration with Visa and Qube Money offers an innovative, digital payment service for consumers through an online banking app launching this summer.

PLEASANT GROVE, UT / ACCESSWIRE / September 29, 2020 / Qube Money, an up-and-coming fintech company, announced a collaboration with Visa that will create unique financial solutions to empower consumers in spending and saving with purpose. Qube Money is launching a new app in Summer 2020 that combines its digital cash envelope budgeting method with a full, FDIC-insured, online banking suite while utilizing Visa's secure payment network. The collaboration offers a secure solution for digital consumers and potential cash-only consumers to utilize Qube Money's financial services with an innovative app/card combination that provides a real-time budgeting and spending system.

The two companies will collaborate across multiple areas including:

Creating intention at the core of each transaction, making it easy for Americans to make purposeful spending decisions in real-time.
Engineering a smart debit card with Default ZeroTM technology
Building a PR campaign to promote Qube Money through mainstream media outlets.  

Qube Money founder and CEO Ryan Clark said, "After months of due diligence, having Visa align their global reputation in support of Qube bodes well for our strength and vision. The new app we are launching this summer will provide a tool to help customers control spending habits in the moment and with confidence." Company co-founder Shane Walker added, "Since the formation of Qube Money, we have dreamed and planned for this day. Partnering with Visa is a core step to fulfilling our mission to empower people to do 'money on purpose'." 

The Qube Money app consolidates the banking and budgeting process by allowing the user to set limits on spending. Consumers determine how much they want to spend through digital cash envelopes that are set up by user-selected categories. Expenditure balance reports are automatically updated with each purchase and reported in real-time to the customer. Multiple users can activate the account as set up by the primary user. The app is secured through Visa's trusted technology.

"Championing the fintech community and our partners to drive the next generation of digital payments is core to our growth strategy at Visa," said Terry Angelos, SVP and Global Head of Fintech, Visa. "We are excited about our strategic collaboration with Qube Money, which will open new doors for meeting the needs of today's consumer and continue to contribute to the betterment of the global payments ecosystem."

The Qube Money app will be available to qualifying customers in the U.S. Learn more at www.qubemoney.com or on LinkedIn, Facebook, Instagram, Pinterest, and Twitter.

For more information contact:

Scott Henderson
scott@qubemoney.com 

About Qube Money
Qube Money is a mobile banking app that provides real-time banking solutions to make spending and saving with purpose an easy, seamless part of life. Qube's mission is to align people's use of money with their purpose for money and create financial fulfillment. Ultimately, Qube empowers people to experience more abundance, more joy, and more peace with money.

MEDIA CONTACT:

AD Advertising
Angie@AdAdvertising.net

Additional Links
Qube Money Website

SOURCE: Qube Money

ReleaseID: 608365

VANCOUVER, BC / ACCESSWIRE / September 29, 2020 / Havn Life Sciences Inc. (CSE:HAVN) (FSE:5NP) (the "Company" or "Havn Life"), is pleased to announce Its financial results for the three month period ended July 31, 2020. Please note that all references to currency are in CDN dollars.

First Quarter Results for three months ended July 31, 2020 – Financial highlights:

The Company incurred net and comprehensive loss of $1,159,642 consisting primarily of:

Non-cash fair value of equity grants and shares issued for services included in share-based payments of $341,823 and finder's fees of $199,500;
Professional fees of $198,309 and management fees of $128,000 incurred pursuant to the efforts and to enter into the securities acquisition agreement with HAVN Research Inc. and first submission of the Company's prospectus on June 9, 2020.

Since inception on April 8, 2020, the Company has raised $4.6M through three rounds of financing.

On September 2, 2020, the Company received a receipt of acceptance from the British Columbia Securities Commission for its long-form prospectus.

On September 4, 2020, the Company acquired 100% of HAVN Research Inc. in consideration for 100% of the issued and outstanding shares of HAVN Research Inc. in exchange for 15,233,333 common shares of the Company.

The Company began trading on the CSE under the symbol, HAVN and the FSE under the symbol 5NP.

The Company received a Section 56 Exemption from Health Canada, pursuant to which it now can possess certain amounts of pure psilocybin for scientific purpose, specifically for the research and development of quality control methods.

On Behalf of The Board of Directors

Susan Chapelle & Tim Moore
Co-CEOs

About Havn Life Sciences Inc.

Havn Life Sciences is a biotechnology company on a mission to unlock human potential using evidence-informed research. The Company is focused on standardized, quality-controlled extraction of psychoactive compounds from plants and fungi, and the development of natural health care products from non-regulated compounds. Learn more at: havnlife.com and follow us on Facebook, Twitter and Instagram.

Contact:

Investor Relations: ir@havnlife.com 604 687 7130
Media: brittany@exvera.com 778 238 6096

Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Company's business, products and future of the Company's business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE: Havn Life Sciences Inc. 

ReleaseID: 608406