VANCOUVER, BC and BOSTON, MA / ACCESSWIRE / September 29, 2020 / Imagin Medical (CSE:IME)(OTCQB:IMEXF)(Frankfurt & Stuttgart Symbol: DPD2) ("Imagin" or the "Company") today announced that it will host a virtual investor event with Key Opinion Leaders ("KOLs") to highlight the game-changing potential of the i/Blue™ Imaging System on Thursday, October 29, 2020 at 12:00 pm Eastern Daylight Time.

The webcast event will feature opinion leaders from major academic centers who will share insight into the current state of bladder cancer imaging and the acute need for improved methods to help reduce recurrence and mortality.

"We encourage people to join this informative webcast to learn more about how Imagin is working to address the shortcomings of current bladder cancer imaging technologies, while building a solid product portfolio to support the Company's success," said Jim Hutchens, Imagin's President and CEO.

A live and archived webcast of the KOL event will be available on the Company's website at www.imaginmedical.com under "Events & Presentations."

About Imagin Medical

Imagin Medical is a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive procedures. The Company believes its first product, the i/Blue™ Imaging System, with its proprietary optics and light sensors, will greatly increase the efficiency and accuracy of detecting cancer for removal, helping to reduce recurrence rates. The Company's initial focus is bladder cancer. Learn more at www.imaginmedical.com.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Specifically, there is no assurance the Company's imaging system will work in the manner expected. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:

Jim Hutchens, President & CEO
Telephone: 833-246-2446

SOURCE: Imagin Medical

ReleaseID: 608177

Education Technology Revenue Growth of 185% and 80% for the Quarter and Fiscal Year, Respectively
Deferred Revenue Increased 459% to $1.1 Million
Backlog Increased to $2.43 Million

TOCCOA, GA / ACCESSWIRE / September 29, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY), a provider of interactive learning technology solutions, today announced the Company's operating and financial results for the fiscal fourth quarter and year ended June 30, 2020.

Key Financial Highlights for Q4 and FY 2020

Revenue of $469,179 and $2,319,852, representing overall growth of 65% and 44%, respectively, in technology interactive panels, related products and interactive learning technology solutions
Deferred revenue of $1,133,992, representing 359% increase since June 30, 2019
Gross Margin of 51%
Total Assets increased 129% to $4,498,010
Backlog increased to $2,589,000

Key Business Highlights for Q4 FY 2020

Awarded $350,000 contract from Valdosta City School District in Georgia
Awarded $250,000 contract from south Florida school district
Awarded largest additional purchase order from Newton County, Georgia
Plan to execute a letter of intent to acquire Classroom Technology Solutions, Inc.
Launched Phoenix cloud-based bell and intercom system
Partnered with Radix for enhanced device management
Completed initial install of bell and intercom system at Thompson School County School District in Colorado
Awarded $100,000 contract for bell and intercom system
Launched Cov-Shield

Management Commentary
"We are very pleased with our recent results, specifically over the past few months, which are indicated by our increase in deferred revenue and backlog," commented, Gary LeCroy, Galaxy's Chief Executive Officer. "Most of the recently awarded purchase orders in the quarter and subsequent to the end of the quarter will be recognized as revenue in our fiscal quarter ended September 30, 2020.

LeCroy concluded, "Our sales pipeline remains strong across both our education technology interactive panels and Cov-Shield product lines. We expect our first quarter of fiscal year 2021, ending September 30, 2020 to be our best quarter in Company history."

Financial Results for the Three Months Ended June 30, 2020:
Revenue for the three months ended June 30, 2020 was $469,179, an increase of $304,474 or 65%, compared to $164,705 for the three months ended June 30, 2019. Additionally, deferred revenue amounted to $1,133,992, compared to $247,007 at June 30, 2019. Deferred revenues increased due to the increases in the customer base for interactive panels and related products as well as additional deferred revenues of Concepts and Solutions, acquired in September 2019.

Revenues substantially consisted of revenues from sales of technology interactive panels and related products. Revenues increased primarily due to the increases in the customer base for interactive panels and related products as well as additional revenues from our subsidiaries, Concepts and Solutions, which were acquired in September 2019.

Gross profit for the three months ended June 30, 2020 was $449,451, an increase of $885,366, compared to a gross loss of $435,915 for the three months ended June 30, 2019.

Operating loss for the three months ended June 30, 2020 was $2,159,446, an increase of $294,212, or 17%, compared to $1,865,234 for the three months ended June 30, 2019.

Net loss for the three months ended June 30, 2020 was $3,925,456, an increase of $749,999, or 24%, compared to a net loss of $3,175,457 for the three months ended June 30, 2019. The resulting loss per share (EPS) for the three months ended June 30, 2020 was ($0.04) per share, compared to an EPS loss of ($0.31) per share for the three months ended June 30, 2019.

Financial Results for the Twelve Months Ended June 30, 2020:
Revenue for the twelve months ended June 30, 2020 was $2,319,852, an increase of $437,794 or 23%, compared to $1,882,058 for the twelve months ended June 30, 2019. Of note, revenue associated with the entertainment theater ticket sales and concessions was $589,705 for the twelve months ended June 30, 2019. Without such, the revenue growth for the twelve months ended June 30, 2020 would have been 78%.

Gross profit for the twelve months ended June 30, 2020 was $1,183,726, an increase of $1,067,999 or 923%, as compared to $115,727 for the twelve months ended June 30, 2019. The resulting gross margin was 51% for the twelve months ended June 30, 2020, compared to 6% for the twelve months ended June 30, 2019.

General and administrative expenses for the twelve months ended June 30, 2020 was $10,928,797, an increase of $5,090,527 or 87%, compared to $5,838,270 for the twelve months ended June 30, 2019. For the twelve months ended June 30, 2020, non-cash stock-based compensation of $2,087,425, non-cash asset impairment expenses of $2,000,287 and legal settlement expenses of $2,000,000 were recorded. There were no impairment expenses or legal settlement expenses, but there was non-cash stock-based compensation of $2,416,934 during the twelve months ended June 30, 2019.

Operating loss for the twelve months ended June 30, 2020 was $9,745,071, an increase of $4,022,528, or 70%, compared to $5,722,543 for the twelve months ended June 30, 2019.

Other income and expense for the twelve months ended June 30, 2020 was $4,281,036, an increase of $3,340,462 or 355%, compared to $940,574 for the twelve months ended June 30, 2019. For the twelve months ended June 30, 2020, this expense was comprised of $2,651,957 positive change in fair value of derivative liability offset by $1,825,506 interest accretion and $5,113,902 interest expense. The increase in interest expense was due to the increase in our debt and pre-payment costs related to loans paid off in advance of maturity.

Net loss for the twelve months ended June 30, 2020 was $14,026,107, an increase of $7,362,990 or 111%, compared to $6,663,117 for the twelve months ended June 30, 2019. The resulting loss per share (EPS) for the twelve months ended June 30, 2020 was ($0.147) per share, compared to an EPS loss of ($0.658) per share for the twelve months ended June 30, 2019.

About Galaxy Next Generation, Inc.
Galaxy Next Generation (OTCQB:GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy's distribution channel consists of approximately 30 resellers across the U.S. who primarily sell the Company's products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy's sales.

For additional information, please visit our website at: www.galaxynext.us

Safe Harbor Statement
This press release contains 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. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. 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.

Investors Contact:
IR@GalaxyNext.us
P:888-859-1274

SOURCE: Galaxy Next Generation, Inc.

ReleaseID: 608159

CALGARY, AB / ACCESSWIRE / September 29, 2020 / CANEX Metals Inc. ("CANEX" or the "Company") is pleased to announce surface assay results from Trench 10 at the Gold Range Project, Arizona, and update the status of its drilling program which began on August 25.

Highlights

Chip sampling at Trench 10 has returned 12.97 g/t gold over 3 metres including 19.4 g/t gold over 1.5 metres.

The above high grade sits within a larger zone grading 6.12 g/t gold over 9 metres.

The results demonstrate potential to expand the high-grade Pit Zone style mineralization to the northwest.

Trench 10 was constructed during the summer 2020 exploration program at Gold Range, and assay results from the trench are presented here. The trench is located 150 metres northwest of the Pit Zone and tested the thesis that Pit Zone style mineralization might continue to the northwest on the north side of a prominent fault. The trench successfully exposed flat lying and irregular quartz veining locally containing minor sulfide minerals and visible gold. Chip sampling of a clay altered fault zone, which potentially offsets the zone from the historically mined open pit, returned trace gold. This mineralized zone remains open to the North, beyond the extent of the trench.

The trench returned very strong gold mineralization containing 12.97 g/t gold over 3 metres within a larger zone of 6.12 g/t gold over 9 metres.

Highlights from Trench 10 at Gold Range

Sample

Type*

Gold g/t

Silver g/t

37765

1.5m chip

6.54

7.1

37766

1.5m chip

19.40

15.7

37767

1.5m chip

1.52

17.8

37768

1.5m chip

0.72

0.7

37769

1.5m chip

0.25

0.5

37770

1.5m chip

8.28

1.3

*All chip samples above are consecutive and were taken by CANEX personnel.

Dr. Shane Ebert, President of the Company stated, "The identification of strong gold grades over a significant width at Trench 10 provides us one more promising target where we might expand high-grade mineralization. It is very encouraging to see our understanding of the geology and post mineralization structure advance to the point where we can utilize our existing data sets to successfully target new zones of mineralization. Two short drill holes have tested the Trench 10 area as part of the current drill program and should provide additional understanding of mineralization in the area."

Drill Program Update

Fourteen holes have now been drilled during the program for a total of 1481 metres of drilling. While the program was initially designed for 1675 metres of drilling, equipment limitations have forced early termination of the drill program with 88 percent of the planned drilling being completed. All 4 of the targets in the southern part of the property have been tested, and 1 out of 3 targets in the northern part of the property has been partially tested.

Samples from holes 1 to 10 have been sent to the assay lab in batches and are in various stages of processing. Samples from holes 11 to 14 are currently being transported to the lab for processing. A total of 1044 drill samples have been taken for analysis during this phase of work, and results will be released as they are received, compiled and interpreted.

Quality Control

All surface samples were taken by CANEX representatives and shipped to Skyline Assayers and Laboratories in Tucson, Arizona (which is ISO/IEC 17025 accredited) for analyses. A 1000g pulp was prepared and gold was assayed using a 50g fire assay with an atomic absorption finish (method FA-01-50g). All gold samples greater than 5 g/t were redone using a 50g fire assay method with a gravimetric finish (method FA-02 50g). Twenty-four additional elements were analysed using a multi acid digestion and inductively coupled plasma (method TE-4).

About the Gold Range Property

The Gold Range Property is located in Northern Arizona within an area that has seen historic lode and placer gold production but limited systematic modern lode gold exploration. Fieldwork by the Company has identified numerous gold exploration targets on the property with grab samples from outcropping quartz veins returning multiple values in the 20 to 40 g/t gold range, and chip sampling returning values of 53.2 g/t gold over 0.6 metres, 31.7 g/t gold over 1 metre, 24.3 g/t gold over 1.5 metres, 28.1 g/t gold over 1 metre, 17.2 g/t over 1.1 metre, and 8.47 g/t gold over 5.6 metres. Please visit our website at www.canexmetals.ca for additionnel information.

Dr. Shane Ebert P.Geo., is the Qualified Person for CANEX Metals and has approved the technical disclosure contained in this news release.

"Shane Ebert",

Shane Ebert, President/Director

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.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of CANEX Metals Inc. internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of CANEX. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause CANEX's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in CANEX's filings with the Canadian securities authorities. Accordingly, holders of CANEX shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements.

SOURCE: CANEX Metals Inc.

ReleaseID: 608109

LOS ANGELES, CA / ACCESSWIRE / September 29, 2020 / ​Gimbal announced today that it has acquired true[X], a connected TV (CTV) focused value exchange engagement advertising platform and former subsidiary of The Walt Disney Company. The acquisition will bring together leaders in the location and connected TV spaces, enabling better targeting, creative, and measurement solutions for advertisers looking to bridge the gap between the physical and digital worlds.

Terms of the deal are being kept private.

CTV, already trending up, has exploded during the pandemic. The true[X] network has seen a 105% increase in CTV viewing in the first two quarters of 2020, and media buyers have been adapting to this surge. According to eMarketer, the CTV/OTT channel will be the beneficiary of the largest shift in budgets from 2H 2019 to 2H 2020, with a year-over-year increase of 59%.

Understanding that not all attention is created equal, true[X] provides consumers a value exchange for their attention to true[X]'s interactive engagement ads and brand lift surveys across a network of high-quality viewing environments. This unique approach benefits advertisers, publishers, and consumers. Advertisers benefit from higher consumer attention for their message, publishers benefit by offering a consumer-first ad experience, and viewers benefit by receiving fair value for their attention.

"We are excited to join the Gimbal team. The combination of our value exchange-based approach to interactive video advertising and brand lift measurement, plus Gimbal's offline attribution solution creates the first full-funnel advertising and measurement suite for connected TV and the entire digital ecosystem," said Pooja Midha, true[X] President.

Gimbal CEO Rob Emrich added, "The true[X] network of publisher integrations enhances Gimbal's existing identity solutions and can connect users' online and offline interactions for one-to-one targeting and measurement for use within our ecosystem in a protected and privacy-safe way."

true[X] was originally acquired by 21st Century Fox in 2014. Following Disney's acquisition of 21st Century Fox in 2019, the company continued as a business owned and operated by Disney and was named to Fast Company's Most Innovative Companies list that same year.

About Gimbal

​Gimbal translates location data into intent, measurement, and insights to help organizations transform their businesses, maximize marketing relevance, and humanize messaging for consumers. Gimbal has been named to the Inc. 500 and Deloitte Fast 500 for four consecutive years and provides advertising and marketing technologies to the world's leading brands and retailers interested in understanding the physical world. To learn more, visit https://gimbal.com.

About true[X]

​true[X] empowers a value exchange engagement advertising and measurement platform for premium publishers across connected TV, mobile, and desktop. true[X] engagement ads serve the widest possible audience by optimizing consumers' time and attention to deliver impactful results for advertisers. For brands and advertisers, true[X] delivers on its true[ATTENTION] guarantee of effective, zero-waste, high-engagement ad experiences that drive measurable brand funnel impact. For publishers, true[X] offers a consumer-first ad experience, and viewers benefit by receiving fair value for their attention.

true[X] further leveraged its platform to build UP//LIFT, a real-time brand lift measurement and optimization system for both video and engagement ads across desktop, mobile, and connected TV. The power of UP//LIFT is knowing if and how a campaign moved consumers through the funnel.

true[X] is headquartered in Los Angeles and New York, with offices in Chicago, Seattle, Detroit, and San Francisco.

Media Contact(s)
Liz Weinsten
Director of Marketing, Gimbal
​​(800) 882-5216 ext. 523
marketing [at] gimbal [dot] com

Christian Borges
SVP Marketing, true[X]
(862) 216-8774
christian [at] truex [dot] com

Related Images

Related Links

Gimbal

true[X]

SOURCE: Gimbal, Inc.

ReleaseID: 608038

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IRVING, TX / ACCESSWIRE / September 29, 2020 / (OTCQB:DYNR) DynaResource, Inc. ("DynaUSA") and its subsidiary DynaResource de México SA de C.V. ("DynaMéxico"), the 100% owner of the San José de Gracía high grade gold project in Sinaloa, México, are pleased to announce the August 28, 2020 Filing in Dallas County, Texas of a Petition for Recognition of the $48M USD Foreign Judgment (the "$48M USD Recognition Claim"); against Goldgroup Resources Inc., the 100% owned Subsidiary of Goldgroup Mining Inc. ("GGA.TO"), in Order to Recognize in the United States, the $48M USD Foreign Judgment obtained in México against Goldgroup Resources Inc.

On December 6, 2019, The Final México Legal Ruling was Issued by The 11th Federal Circuit Collegiate Court in México, wherein the $48,280,808.34 damages award in Favor of DynaMéxico and against Goldgroup Resources Inc. was confirmed in Final Legal Ruling (the "México Final Legal Ruling"). (See the DynaUSA and DynaMéxico News Release Issued December 20, 2019.)

México Final Legal Ruling (December 6, 2019)

The México Final Legal Ruling was Favorable to DynaMéxico, and denied the Amparo challenge of Goldgroup Resources Inc. The México Final Legal Ruling is the result and culmination of 7 years of legal action performed by DynaMéxico and is the Final Ruling of the 11th Federal Circuit Collegiate Court. With this México Final Legal Ruling issued, all matters before the Court in México with respect to DynaMéxico and Goldgroup Resources Inc. are fully resolved and are no longer subject to appeal or reconsideration.

DynaMéxico Foreclosure and Recovery of Goldgroup Shares (February 20, 2020)

On February 20, 2020, The Final Foreclosure Judgment was issued by a México City Court, effectively foreclosing on all remaining shares of DynaMéxico formerly held by Goldgroup Resources Inc. and awarding those shares to DynaMéxico (the "DynaMéxico Foreclosure Judgment"). (See DynaUSA and DynaMéxico News Release issued April 14, 2020.)

Prior to the DynaMéxico Foreclosure Judgment, Goldgroup Resources Inc. owned shares of DynaMéxico constituting 20% of the total outstanding shares of DynaMéxico.

Comments from DynaUSA CEO, DynaMéxico President – K.D. Diepholz

Commenting on the August 28, 2020, $48M USD Recognition Claim, the December 6, 2019 México Final Legal Ruling, and the February 20, 2020 DynaMéxico Foreclosure Judgment, DynaUSA CEO and DynaMéxico President Mr. K.D. Diepholz noted: "The $48M USD Recognition Claim against Goldgroup Resources Inc. ('Goldgroup') is the final step in the litigation against Goldgroup. The $48M USD award constitutes damages caused by Goldgroup to DynaMéxico, and DynaMéxico intends to pursue all legal avenues for collection of the damages from Goldgroup. The DynaMéxico Foreclosure Judgment and The México Final Legal Ruling are momentous decisions and milestone events in the history of DynaMéxico and DynaUSA. The results obtained in the DynaMéxico Foreclosure Judgment and The México Final Legal Ruling are direct testament to, and confirmation of, the dedicated work of attorneys and advisors representing DynaMéxico in México (Led by Lic. Namen Tellez Neme, México City, México, and Lic. Jose Santos Ceja, Mazatlán, Sinaloa, but including many other dedicated contributors as well). Lic. Tellez Neme, and Lic. Santos Ceja expended countless hours of work on behalf of DynaMéxico, and their commitment, perseverance and passion have determined these incredible legal results and complete victory. I would like to express once again my sincere thank you and appreciation to Lic. Tellez Neme and Lic. Santos Ceja for their professional, dedicated representation of DynaMéxico. I would also like to thank the Members of our Board of Directors, our employees, consultants, advisors, our shareholders, and our many business partners around the world, for maintaining patience and preserving faith in the Company during this long legal challenge. Finally, DynaMéxico has proven victorious against Goldgroup, and justice has prevailed.

"The DynaResource Companies will continue to focus on the operation, expansion and further development of the World Class, high grade gold San Jose de Gracía Project; and to the pursuit of the $48M USD in damages against Goldgroup."

San Jose de Gracia ("SJG")

San Jose de Gracía District ("SJG", "SJG District"), currently covering an area of 9,920 Hectares (24,513 acres), is 100% owned by DynaResource de México, S.A. de C.V. ("DynaMéxico").

More than one million ounces gold was reportedly produced from the SJG District in the early 1900's, originating from high grade gold veins, including approximately 470,000 Oz. gold reportedly produced from the La Purisima area at an average gold grade of 66.7 g/t. In June 2010, SJG was recognized by the State of Sinaloa as the most significant Gold Project in Sinaloa.

Canadian National Instrument 43-101 ("NI 43-101") Technical Report for DynaMéxico – SJG

On March 28, 2012, DynaMéxico issued a National Instrument 43-101 ("NI 43-101") compliant Technical Report for the San Jose de Gracía Project (the "2012 DynaMéxico Luna-CAM SJG Technical Report", the "Technical Report"), and approved by DynaMéxico, the 100% owner of SJG. The 2012 DynaMéxico Luna-CAM SJG Technical Report was prepared by Mr. Ramon Luna, BS, P.Geo., of Servicios y Proyectos Mineros, Hermosillo, México and a Qualified Person as defined under NI 43-101; and by Mr. Robert Sandefur, BS, MSc, P.E., a senior reserve analyst for Chlumsky, Armbrust & Meyer LLC, Lakewood, CO., and a Qualified Person as defined under NI 43-101. The 2012 DynaMéxico Luna-CAM SJG Technical Report includes as Section Fourteen (14) a Mineral Resource Estimate for SJG as prepared by Mr. Sandefur (the "2012 DynaMéxico-CAM SJG 43-101 Mineral Resource Estimate", and, the "Mineral Resource Estimate").

On December 31, 2012, DynaMéxico issued an updated NI 43-101 compliant ("NI 43-101") Technical Report for the San Jose de Gracía Project (the "Updated 2012 DynaMéxico Luna-CAM SJG Technical Report", and the "Updated Technical Report"). The Updated Technical Report was approved by DynaMéxico and filed with SEDAR on December 31, 2012.

Canadian National Instrument 43-101 ("NI 43-101") Mineral Resource Estimate for SJG

The 2012 DynaMéxico-CAM SJG Mineral Resource Estimate concentrates on four separate main vein systems at SJG: Tres Amigos, San Pablo, La Union, and La Purisima. The Mineral Resource Estimate includes the following Resources:

"Indicated Resources":

Tres Amigos; 893,000 tonnes with an average grade of 4.46 g/t, totaling 128,000 Oz. Au;
San Pablo; 1,308,000 tonnes with an average grade of 6.52 g/t, totaling 274,000 Oz. Au.;

"Inferred Resources":

3,953,000 tonnes in aggregate for the four main vein systems, with an average grade of 5.83 g/t, totaling 741,000 Oz. Au.

The Effective Date of the 2012 DynaMéxico Luna-CAM SJG Technical Reports and including the 2012 DynaMéxico-CAM SJG 43-101 Mineral Resource Estimate is February 6, 2012. The Mineral Resource Estimate is reported using a 2.0 g/t cut-off grade for underground mining. As of the Effective Date of the Technical Reports and Mineral Resource Estimate, there is no preliminary economic assessment report or feasibility study completed for SJG so the precise cutoff grade for underground mining has not yet been determined.

Summary of 2016 – 2019 Operations at San Jose de Gracía

Test Mining and Pilot Mill Operations (January 2016 through December 2019):

Period

Total Tonnes

Mined & Processed

Reported Mill Feed Grade

(g/t Au)

Reported Recovery

%

Gross Gold Concentrates Produced

Net Gold Concentrates Sold

Jan. 2016 – Dec. 2019

186,411

9.50

85.00 %

48,265

42,539

DynaResource continues to expand its activities at SJG; and projects the increased output to 300 Tons per Day from test underground mining and milling activities in 2020.

Future Drilling Programs at SJG and Updated Technical Report

No surface drilling programs have been conducted at SJG since 2011. DynaResource plans future surface drilling at SJG, which is projected to define a potential bulk mineable resource, and additional surface and underground drilling at SJG is projected to expand resources at current underground resource deposits, and also expected to confirm new resource deposit areas as well. Subsequent to the completion of surface drilling programs, DynaResource will expect to update the NI 43-101 Technical Report for SJG.

On behalf of the Board of Directors of DynaResource, Inc.

On behalf of the Board of Directors of DynaResource de México SA de CV.

K.D. DIEPHOLZ
​DynaResource, Inc. – CEO
​DynaResource de México SA de CV. – Presidente

***

IMPORTANT CAUTIONARY NOTE REGARDING CANADIAN DISCLOSURE STANDARDS

The Company has Shareholders who are "OTC Reporting Issuer" as that term is defined in Multilateral Instrument 51-509, Issuers Quoted in the U.S. Over-the-Counter Markets promulgated by various Canadian provincial Securities Commissions.

Accordingly, certain disclosure in this news release or other disclosure provided by DynaResource has been prepared in accordance with the requirements of securities laws in effect in Canada, which differ from the requirements of United States securities laws. In Canada, an issuer is required to provide technical information with respect to mineralization, including reserves and resources, if any, on its mineral exploration properties in accordance with Canadian requirements, which differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC") applicable to registration statements and reports filed by United States companies pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. As such, information contained in this news release or other disclosure provided by the Company concerning descriptions of mineralization under Canadian standards may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC and not subject to Canadian securities legislation. This news release or other disclosure provided by the Company may use the terms "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". While these terms are recognized and required by Canadian regulations (under National Instrument 43-101, Standards of Disclosure for Mineral Projects), the SEC does not recognize them. United States investors are cautioned not to assume that any part or all, of the mineral deposits in these categories, will ever be converted to reserves. In addition, "inferred mineral resources" have a great amount of uncertainty as to their existence and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities legislation, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, although they may form, in certain circumstances, the basis of a "preliminary economic assessment" as that term is defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. U.S. investors are cautioned not to assume that part or all, of an inferred mineral resource, exists, or is economically or legally mineable.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This News release contains forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Certain information contained in this news release, including any information relating to future financial or operating performance may be deemed "forward-looking". All statements in this news release, other than statements of historical fact, that address events or developments that DynaResource expects to occur, are "forward-looking information". These statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of DynaResource or DynaResource de México. These forward-looking statements reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to DynaMéxico. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. Certain assumptions have been made regarding the Company's plans at the San Jose de Gracía property. Many of these assumptions are based on factors and events that are not within the control of DynaResource or DynaMéxico and there is no assurance they will prove to be correct. Such factors include, without limitation: capital requirements, fluctuations in the international currency markets and in the rates of exchange of the currencies of the United States and México; price volatility in the spot and forward markets for commodities; discrepancies between actual and estimated production, between actual and estimated reserves and resources and between actual and estimated metallurgical recoveries; changes in national and local governments in any country which DynaResource or DynaMéxico currently or may in the future carry on business; taxation; controls; regulations and political or economic developments in the countries in which DynaResource or DynaMéxico does or may carry on business; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits, diminishing quantities or grades of reserves; competition; loss of key employees; additional funding requirements; actual results of current exploration or reclamation activities; changes in project parameters as plans continue to be refined; accidents; labor disputes; defective title to mineral claims or property or contests over claims to mineral properties. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance or inability to obtain insurance, to cover these risks) as well as those risks referenced in the Annual Report for DynaResource available at www.sec.gov. Forward-looking information is not a guarantee of future performance and actual results and future events could differ materially from those discussed in the forward-looking information. All the forward-looking information contained in this news release is qualified by these cautionary statements. Although DynaResource and DynaMéxico believe that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. DynaResource and DynaMéxico expressly disclaim any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events, or otherwise.

For further information on DynaResource, Inc. or DynaMéxico, please contact:

Brad J. Saulter, V.P. – Investor Relations; US Telephone: 972-868-9066

K.D. Diepholz, DynaResource, Inc. CEO;
DynaResource de México-Presidente;

Related Images

SOURCE: DynaResource, Inc.

ReleaseID: 608133

VANCOUVER, BC / ACCESSWIRE / September 29, 2020 / BTU METALS CORP. ("BTU" or the "Company") (TSX-V:BTU) (OTC PINK:BTUMF) is pleased to announce the commencement of core drilling operations on its Dixie Halo property adjacent to the Great Bear Resources Ltd Dixie property near Red lake, Ontario.

"We are excited to re-start drilling operations on our Dixie Halo property, a property that shares 35km of boundaries with Great Bear. We have outlined a number of priority targets and have several of them ready for drilling right now." stated Paul Wood, CEO of BTU Metals.

Bruce Durham, VP Exploration of the Company stated, "We are focused on drilling new, potentially gold bearing selected exploration targets on this large, 200 square kilometre property. Field work is on-going and a number of new targets have recently been identified as we expand the footprint of our exploration database. With drilling starting, our field staff are focussing their efforts on data gathering programs including Induced Polarization and Till sampling to support our ongoing drill program which we expect will continue for several months."

The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate.

BTU further announces it has granted a total of up to 2,750,000 stock options to directors, officers and consultants of the company exercisable at a price of $0.22 per share for a period of three years from the date of grant. The options have been granted in accordance with the company's stock option plan.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD
"Paul Wood"

Paul Wood, CEO, Director
pwood@btumetals.com

FOR FURTHER INFORMATION, PLEASE CONTACT:

Andreas Curkovic, Investor Relations
+1 416-577-9927
BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

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.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and using information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: BTU METALS CORP.

ReleaseID: 608229

VANCOUVER, BC / ACCESSWIRE / September 29, 2020 / Gray Rock Resources Ltd. (TSXV:GRK) ("Gray Rock" or the "Company") is pleased to announce that Mr. Stephen Williams, P.Eng, MBA, has been appointed to the Company's Board of Directors, effective immediately.

Mr. Brian Johnson will be stepping down, having served on the Board of Directors since 2017.

"On behalf of the Board, I want to thank Brian for his many contributions to Gray Rock over the last three years. We thank him for his guidance and service, which has been greatly appreciated," said David Wolfin, Chairman and CEO.

Mr. Williams, P.Eng, MBA, is currently the Vice President of Corporate Development for Bluestone Resources. Previously, he was a Director at Canaccord Genuity Corp. in the metals and mining investment banking team, where he provided strategic advice to clients on acquisitions, mergers, and equity financings. He is a professional engineer by background and worked for Freeport-McMoRan in an operational and process development capacity. He holds a B.A.Sc. in Metallurgical Engineering from the University of British Columbia, as well as an MBA from the W. P. Carey School of Business, Arizona State University.

"Stephen's well-rounded background in operations and investment banking as well as his current experience in advancing a prominent development asset will be incredibly beneficial for Gray Rock and I'm very excited to work with him," said Peter Latta, President. "Stephen's familiarity with our geological team as well as his strong reputation in the capital market arena made this a natural fit."

ON BEHALF OF THE BOARD

"David Wolfin"

David Wolfin
Chairman & CEO

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

SOURCE: Gray Rock Resources Ltd.

ReleaseID: 608113

CARLSBAD, CA / ACCESSWIRE / September 29, 2020 / OPTEC International, Inc (OTC PINK:OPTI) today announced the company engaged the services of prominent Los Angeles based Social Media Marketing Agency "MindMedium®" to create and develop the 2020 seasonal marketing campaign for the OPTEC "iWand" product line.

About MindMedium® (MM") is 360° multi-disciplinary business development agency that works to accelerate brand identity and awareness through strategic branding, marketing, partnerships and distribution. Based in Los Angeles with offices in San Francisco, New York City and Paris, the team of international creative strategists drive positive human experiences through curiosity and technology. MM seeks to energize brands at varying levels of success, thinking outside the box, disrupting the norm, and believing that business solutions are solved with innovation. Collaboration focused, digitally minded, and creatively inspired, MM clients range from startups to household brands yet the mission remains the same – make a difference.

Clients include LVHMH, Lenovo, Google, Fox Sports and Nike. https://www.mindmedium.com/

MM will be creating OPTEC's "iWand" Marketing and Social Media 2020 Campaign centered on generating exposure and amplifying brand engagement. The focus will be to enhance performance and identity through strategic marketing tactics that illuminate the wand's portability, efficacy, and chemical-free disinfecting capabilities.

OPTEC iWand.
The OPTEC "iWand" is a portable, powerful UV-C LED disinfection device constructed from high-quality military grade aircraft aluminum. The powerful UV-C light kills 99.9% of bacteria, viruses and other contaminants on any surface in just seconds. The proven UV-C technology is a non-toxic, non-chemical approach to disinfection and sterilization. OPTEC "iWand" makes the process simple, safer, more effective and with no maintenance by eliminating the use of harmful chemicals such as bleach, ozone and ammonia, the OPTEC "iWand" provides an effective, proven, non-toxic cleaning solution that protects people from harmful bacteria and ultimately prevent illnesses and diseases.

https://optecuvc.com/iwand/

About OPTEC International, Inc.
With Locations in Carlsbad and Vista, California, OPTEC International is a developer and manufacturer of electronic LED, Ultraviolet (UV) & UV-C safety products and related advanced technologies and PPE (Personal Protection Equipment) products. The company's Safe-Scan product line is being launched at a time when HR directors and facilities managers are experiencing extreme concern with respect to keeping environments safe during the global pandemic crisis and the safe reopening of the U.S. economy. For more information visit: www.optecuvc.com

Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Opti, OPTEC or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. OPTEC International Inc.

Contact: info@optecintl.com

Product Call Center: 877-955-8787

Investor Relations: 442-222-0550

SOURCE: Optec International, Inc.

ReleaseID: 608149

WUHAN, CHINA / ACCESSWIRE / September 29, 2020 / Wuhan – Sponsored by the Hubei provincial government, Shanghai Stock Exchange and Shenzhen Stock Exchange, the 2020 HUBEI Capital Conference for High Quality Development kicked off in Wuhan on September 28, 2020, at the International Conference Center of Wuhan.

Ying Yong, secretary of the Communist Party of China Hubei Provincial Committee, attended the event and delivered a welcome speech. The conference was presided over by Zhao Haishan, vice-governor of Hubei Province. Leaders such as Huang Chuping, board memember of the Communist Party of China Huber Provincial Committee and vice-governor, Wang Zhonglin, Wuhan's Party secretary and other local officials also attended the conference.

Themed with "Highland of Sci-Tech Innovation, New Engine for Growth", the conference strived to grasp the historical opportunities of technological innovation, and the opportunities presented by the newly adopted registration system in stock exchanges that would help outstanding companies in Wuhan to explore the road of going public.

At the opening ceremony, the leaders of four major domestic and foreign stock exchanges, business associations and entrepreneurs gathered to discuss the high-quality development of Hubei Province. A number of distinguished guests had given keynote speeches at conference. They were Huang Hongyuan, secretary of party committee and chairman of the Shanghai Stock Exchange, Wang Jianjun, secretary of party committee and Chairman of the Shenzhen Stock Exchange, Lui Tim Leung, chairman of the Securities and Futures Commission of Hong Kong, Loh Boon Chye, CEO the Singapore Stock Exchange (SGX), An Qingsong, secretary of party committee and executive vice president of the Securities Association of China and Chen Chunyan, vice president and secretary-general of China Securities Investment Fund Association.

A number of international economists and business leaders put forward valuable comments and suggestions on how to make Hubei an industrial incubator with global influence in the future. They were Eric S. Maskin, 2007 Nobel laureate and the world-known management consultant guru Kenichi Ohmae from Japan

To refuel Hubei's economic rejuvenation, a number of entrepreneurs of both state-owned and private enterprises also shared their thoughts and views with the audience of Wuhan. They were Zhou Qiang, party secretary and Chairman of China Aviation Oil Group, Song Xin, party secretary and Chairman of China Energy Conservation and Environmental Protection Group, Chen Dongsheng, chairman of Taikang Insurance Group, Liu Yonghao, chairman of New Hope Group and Yu Minhong, founder of Hongtai Aplus and New Oriental Group.

At one session of the conference, contracts of about 49 key projects of innovation were signed to help Hubei to emerge as an industrial hub with global impact. The total value of the signed contracts was about RMB 97.494 billion, include 28 fund projects with a value of RMB 30.655 billion, and 21 investment projects worthy about RMB 61.839 billion.

The municipal government of Wuhan also announced the launch of the "Hubei Hongtai Fund for High Quality Development", which is a RMB 30 billion industrial fund.

With the support of high quality capital, such as this fund, settled in Wuhan, the city's transformation of economic structures is a determined success in upgrading.

The municipal government of the Wuhan also announced a series of measures and rules to promote high quality development of the city's economy. The new measures and rule were named "Ten Golden Measures of Wuhan" on optimizing new economy.

In addition to speeches and new rules, the Conference also featured with a special roadshow competition. Many outstanding enterprises in basic equipment manufacturing, new generation information technology, new materials and new energy of power equipment demonstrated their strength. The roadshow attracted investors who are interested in explore opportunities on investing in candidates that with a potential of going public in Hubei Province.

The success of the 2020 HUBEI Capital Conference for High Quality Development had brought capital to promote high quality development of Hubei Province and provided a lasting power to make Hubei Province an industrial incubator with global impact in future.

Steel Shen

HCC
http://wgcc.shinst.cn/
86 13810894863
shengang@apluscap.com

SOURCE: 2020 HUBEI Capital Conference

ReleaseID: 608234

TORONTO, ON / ACCESSWIRE / September 29, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1) ("Champion" or the "Company"), announces that it has commenced trading on the Frankfurt Stock Exchange ("Frankfurt Exchange" or "FSE") under the symbol "1QB1". With the FSE listing, the Company is committed to providing easy and transparent access to trading for current and future European investors. Trading information can be located on the FSE website: https://www.boerse-frankfurt.de/en

About Idaho Champion Gold Mines Inc.

Idaho Champion is a discovery-focused gold exploration company that is committed to advancing its 100% owned highly prospective mineral properties located in Idaho, United States. The Company's shares trade on the CSE under the trading symbol "ITKO" and on the OTCQB under the trading symbol "GLDRF". Idaho Champion is vested in Idaho with the Baner Project in Idaho County, the Champagne Project located in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a responsible environmental steward, stakeholder, and a contributing citizen to the local communities where it operates. Idaho Champion takes its social license seriously, employing local community members and service providers at its operations whenever possible.

ON BEHALF OF THE BOARD

"Jonathan Buick"

Jonathan Buick, President and CEO

For further information, please visit the Company's SEDAR profile at www.sedar.com or the Company's corporate website at www.idahochamp.com.

For further information please contact:

Nicholas Konkin, Marketing and Communications
Phone: (416) 477 7771 ext. 205
Email: nkonkin@idahochamp.com

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.

Cautionary Statements

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: Idaho Champion Gold Mines Canada Inc.

ReleaseID: 608243