Monthly Archives: November 2020

Perimeter Medical Imaging AI Announces Third Quarter 2020 Financial Results

TORONTO, ON / ACCESSWIRE / November 23, 2020 / Perimeter Medical Imaging AI, Inc. (TSXV:PINK)(FSE:4PC) ("Perimeter" or the "Company"), a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need, today reported financial results for its third quarter ending September 30, 2020 and provided an update on its operations.

Jeremy Sobotta, Perimeter's Chief Executive Officer, stated, "Bolstered by a strong balance sheet, we continue to make good progress executing against our clinical development and commercialization plans. We remain committed to bringing our novel medical imaging technology to market, with the goal of creating better long-term outcomes for patients and lower costs to the healthcare system. In addition, with the support of grant funding received from the Cancer Prevention and Research Institute of Texas (CPRIT), we are advancing artificial intelligence and machine learning tools through clinical development."

Corporate Highlights

Perimeter was recognized as one of the "10 Most Promising Companies" at the 2020 Texas Life Science Forum co-hosted by the Rice Alliance for Technology and Entrepreneurship and BioHouston.
Backed by a CPRIT grant, Perimeter continues to advance its ATLAS AI Project with installations of its proprietary, ultra-high resolution imaging platform at leading cancer center sites in Texas, including University of Texas MD Anderson Cancer Center, Baylor College of Medicine, and UT Health San Antonio. The first stage of the project, which is currently underway, will collect images of breast tumors from up to 400 patients for the purpose of training and testing Perimeter's "ImgAssist" AI technology.

Summary of Third Quarter 2020 Results

All of the amounts are expressed in Canadian dollars unless otherwise indicated and are presented in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS") applicable to the preparation of interim financial statements, including International Accounting Standard ("IAS") 34, Interim Financial Reporting.

Operating expenses for the three months ended September 30, 2020 were $2,201,256 compared to $2,323,233 during the same period in 2019.

The net income for the three months ended September 30, 2020 was $800,030 compared to a $(1,843,303) loss in the same period in 2019.

For the nine-month period ended September 30, 2020, cash used in operating activities was $5,617,948.

As at September 30, 2020, cash and cash equivalents were $9,065,685 and investments were $2,930,660.

As of September 30, 2020, the Company received US$1,220,666 of the US$7,446,844 available from the CPRIT grant to fund activities related to the first year of its ATLAS AI Project.

As at September 30, 2020, Perimeter had 38,866,728 common shares issued and outstanding and 9,039,775 warrants outstanding with a weighted-average exercise price of $1.55. Of those warrants, 3,446,696 with an exercise price of $2.00 are subject to accelerated conversion if the common shares of the Company trade above a $3.00 15-day volume-weighted average price on the TSX Venture Exchange.

For detailed third quarter financial results, please see Perimeter's filings at www.sedar.com and on the company's website at https://ir.perimetermed.com/.

About Perimeter Medical Imaging AI, Inc.

Perimeter Medical Imaging AI (TSXV:PINK; FSE:4PC) is a Toronto-based company with U.S. headquarters in Dallas, Texas that is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure. Perimeter's OTIS™ platform is a point-of-care imaging system that provides clinicians with real-time, ultra-high-resolution, sub-surface image volumes of the margin (1-2 mm below the surface) of an excised tissue specimen. The ability to visualize microscopic tissue structures during a clinical procedure in addition to standard of care tissue assessment for decision making during the procedure has the potential to result in better long-term outcomes for patients and lower costs to the healthcare system. Perimeter's OTIS™ platform is cleared by the FDA as an imaging tool in the evaluation of excised human tissue microstructure by providing two-dimensional, cross-sectional, real-time depth visualization, with image review manipulation software for identifying and annotating regions of interest. In addition, Perimeter is developing advanced artificial intelligence/machine learning image assessment tools intended to increase the efficiency of review.

Perimeter's ticker symbol "PINK" is a reference to the pink ribbons used during Breast Cancer Awareness Month by the Canadian Cancer Society and the American Cancer Society, driving home the company's dedication to helping surgeons, radiologists and pathologists use Perimeter's imaging technology and AI (Artificial Intelligence) in the fight against breast cancer, which is estimated to account for 30% of all female cancer diagnoses this year.

CONTACT:

Jodi Regts
Corporate Communications / Investor Relations
Perimeter Medical Imaging AI, Inc.
+1 778-999-5634
media@perimetermed.com

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

Forward-Looking Statements

This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking information may relate to management's future outlook and anticipated events or results, and may include statements or information regarding the future financial position, business strategy and strategic goals, competitive conditions, research and development activities, projected costs and capital expenditures, financial results, research and clinical testing outcomes, taxes and plans and objectives of, or involving, Perimeter. Without limitation, information regarding the planned development of Perimeter's ATLAS AI Project; available funding under the CPRIT grant; and research and development activities are forward-looking information.

Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Perimeter's control. Such forward-looking statements reflect Perimeter's current view with respect to future events, but are inherently subject to significant medical, scientific, business, economic, competitive, political, and social uncertainties and contingencies. In making forward-looking statements, Perimeter may make various material assumptions, including but not limited to (i) the accuracy of Perimeter's financial projections; (ii) obtaining positive results from trials; (iii) obtaining necessary regulatory approvals; and (iv) general business, market and economic conditions. Further risks, uncertainties and assumptions include, but are not limited to, those applicable to Perimeter and described the joint information circular dated May 12, 2020, prepared in respect of the securityholder meetings held on June 17, 2020 a copy of which is available on Perimeter's SEDAR profile at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. In particular, we note the risk that our technology may not achieve the anticipated benefits in terms of surgical outcomes. Perimeter does not intend, nor does Perimeter undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events, or circumstances or otherwise, except if required by applicable laws.

SOURCE: Perimeter Medical Imaging

ReleaseID: 617897

Phil Hellmuth, Fifteen-Time World Series of Poker Champion Joins GoooGreen Subsidiary VegasWINNERS Advisory Board

RENO, NV / ACCESSWIRE / November 23, 2020 / GoooGreen, Inc. (OTC PINK:GOOO) subsidiary VegasWINNERS Inc., which provides sports betting enthusiasts with high-quality analysis, research, data, guidance and professional advice, announced today that record-setting, fifteen-time World Series of Poker champion Phil Hellmuth has joined the company's advisory board.

VegasWINNERS business model is built to capitalize on and support the continued growth of the online gaming industry. As more states legalize sports gambling, VegasWINNERS is in the process of expanding its team of renowned sports handicappers and advisory board members that include recognizable industry leaders and creative thinkers like Phil Hellmuth.

Wayne Allyn Root, CEO of VegasWINNERS stated, "Phil remains the gold standard in the world of high-stakes poker and gambling and continues to be at the top of his game. As the all-time WSOP bracelet winner, he brings that competitive spirit to VegasWinners."

Phil Hellmuth, VegasWINNERS newly appointed Advisory Board Member stated "I'm a legend in the Poker World. I'm in the Hall of Fame. Wayne Allyn Root is a legend in the sports gambling world. Wayne has a star on the Las Vegas Walk of Stars. Great minds think alike. I think 2 visionaries of gambling can achieve great things together."

Wagering on sports, including but not limited to the NFL, NBA, NHL, MLB, UFC, PGA, Soccer and NASCAR, as well as college sports (primarily football and basketball) are national pastimes for millions of sports enthusiasts. Historically, betting on sports was only legal in the State of Nevada and/or bets between friends, and those willing to bet illegally. In 2018, the United States Supreme Court decision allowing states to legalize sports betting has changed everything, creating tremendous opportunity. Twenty-two states plus Washington DC. have already legalized wagering on sports and, all but five states have legislation pending to allow it.

ABOUT PHIL HELLMUTH
Phil Hellmuth, Jr. is universally regarded as the best poker player in the world. Hellmuth has an unprecedented 15 World Championships of Poker (15 WSOP); no one else has over 10. Hellmuth considers himself a force for good and wrote the book: #POSITIVTY You Are Always In The Right Place At The Right Time. #POSITIVTY (only available on Amazon) gives the world "8 Life Tips" and is heavily endorsed by Tony Robbins and Sheryl Sandberg. Hellmuth holds the world record for both most cash finishes at the WSOP (140) and most WSOP final tables (57) and 11 second place finishes. Of his 57 final tables, 20 are in non Hold'em games. Of those 20 non Hold'em events, Hellmuth has finished runner-up five times. His live tournament winnings exceed $23,000,000. He won the WSOP championships in 1989, 1992, 1993 (3), 1997, 2001, 2003 (2), 2006, 2007, 2012 (2), 2015, 2018. For further information please see https://philhellmuth.com/

ABOUT GOOOGREEN, INC.
GoooGreen, Inc., through its subsidiary VegasWinners, Inc., is engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of sports handicapping arising from the 2018 Supreme Court decision that States have the right to approve sports gambling and the resulting State by State rapid approval of sports gambling. For further information, please see https://vegaswinners.com/.

SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

MEDIA CONTACT:
Mario Flores
Sportivo
323-314-1818
mario.flores@sportivo.us

SOURCE: GoooGreen Inc.

ReleaseID: 617801

Sparta Group’s ERS-International Division Helping Electronics Manufacturers/Importers Cope with New Ontario E-Waste Regulations

TORONTO, ON / ACCESSWIRE / November 23, 2020 / Sparta Group (TSXV:SAY) (the "Corporation" the "Company", "Sparta Group", "Sparta Capital" or "Sparta") is well positioned to help electronics manufacturers and importers deal with new Ontario government recycling regulations slated to take effect January 2021. In fact, the environment-focused company is one of only a few organizations that are approved to do so.

Sparta's e-waste recycling division, ReECO Tech Electronic Conversions/ERS-International ("ReECO Tech/ERS-International") is known for its responsible electronic recycling and upcycling abilities, as well as its asset remarketing and recovery services. Organizations around the world trust the electronics recycling operation, especially in light of its efficient processes and security measures.

The Ontario government recently introduced new regulations requiring all electronic manufacturers/producers to collect and safely manage the full life cycle of their electronic equipment, such as cell phones, computers, and printers. Under the regulation, which will be enforced as of January 1, 2021, producers are encouraged to reuse and refurbish products so they can be resold. The Resource Productivity and Recovery Authority ("RPRA") will be in charge of enforcing the new regulation. This includes monitoring the performance of producers to make sure they are in compliance.

"We are 100 percent confident that we have the right systems in place to help many more electronics companies ensure compliance under these new rules. We have an efficient materials tracking system in place that is powered by our proprietary data-base management platform as well as high security, strict operations standards, sophisticated asset tracking, and a zero-waste policy. Nothing gets tossed out at our facility and we have a strong capability of upcycling waste into new, valuable products, due to our ongoing materials analytics, carried out in our on-site laboratory research facilities. This is why we've been approved by the governing authority, RPRA; a distinction that few have been able to attain," said President and Chief Technology Officer for Sparta Group, John O'Bireck.

Those who don't comply under the new Ontario government regulations could face hefty fines as the province steps up its push for developing a circular economy. The government has stated that electronics manufacturers and importers could save millions by transitioning from current waste diversion programs to a full producer responsibility model.

Sparta's e-waste recycling division can arrange for haulage, collection, certified destruction, as well as the remarketing of electronics. Furthermore, working with ReECO Tech/ERS-International means the responsibility of a manufacturer or importer's reporting mandate to the government will be handled on behalf of the producer. If a manufacturer falls short of its quota, ReECO Tech/ERS-International can ensure that the producer doesn't get penalized as they can transfer credits through the e-waste facility's other partners.

"We know the pitfalls of reactive response to the kind of regulation that is about to go into effect. However, we can help manufacturers be proactive by getting them ready now to meet this important upcoming government mandated obligation. All they have to do is reach out to us and we can get them started so as to avoid any penalties for non-compliance," said Alfea Principe, Director of Global Compliance for ReECO Tech Electronic Conversions Ltd.

About Sparta™

Sparta Group (a.k.a. Sparta Capital Ltd.) is a technology-based company that owns or holds a controlling interest in a network of independent businesses that supply energy saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. In response to the COVID-19 crisis, Sparta has also expanded its scope to help facilitate supply of necessary materials while assisting talented inventors who are looking to introduce innovative technical solutions that will bring greater normalcy to the post COVID-19 world. Sparta's network of independent businesses provides a wide range of specialized energy capturing, converting, optimizing, and related services to the commercial sector. Sparta provides capital, technical and engineering expertise, legal support, financial and accounting knowledge, strategic planning and other shared services to its independent businesses.

Sparta is a publicly traded company listed on the TSX Venture Exchange Inc. under the symbol "SAY" (TSX.V: SAY). Additional information is available at www.spartagroup.ca or on SEDAR at www.sedar.com.

For further information please contact:

John O'Bireck, President & CTO
Email: jobireck@spartagroup.ca
Telephone: (905) 751-8004

Cautionary Statements:

This news release contains "forward-looking information" within the meaning of applicable securities laws. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Corporation can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this news release and the Corporation undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation. These include, but are not limited to, the failure to obtain necessary regulatory approvals, necessary financing and risks associated with the environmental technologies industry in general. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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

SOURCE: Sparta Capital Ltd.

ReleaseID: 617935

Solitario Presents at the H.C. Wainwright & Co. Virtual Mining Conference

DENVER, CO / ACCESSWIRE / November 23, 2020 / Solitario Zinc Corp. ("Solitario") (NYSE American:XPL) (TSX:SLR) is pleased to announce that it is participating in the H.C. Wainwright & Co. Virtual Mining Conference, November 30th through December 1st. President and CEO, Chris Herald will host one on one meetings during the event and will deliver an online presentation and corporate update on Monday, November 30th at 2:00pm EST. View webcast and replay here. For more information on the H.C Wainwright Virtual Mining Conference please visit https://hcwevents.com/mining/.

About Solitario

Solitario is a well-funded emerging zinc exploration and development company traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). Solitario holds 50% joint venture interest (Teck Resources 50%) in the high-grade, open-pittable Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario also holds a 9.9% equity interest in Vendetta Mining. Solitario's Management and Directors hold approximately 9.3% (excluding options) of the Company's 58.1 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$8.0 million. Additional information about Solitario is available online at www.solitariozinc.com.

FOR MORE INFORMATION, CONTACT:

Christopher E. Herald
President & CEO
(303) 534-1030, Ext. 14

Valerie Kimball
Director – Investor Relations
720-933-1150
(800) 229-6827

SOURCE: Solitario Zinc Corp.

ReleaseID: 617785

Food Ultrasound Market Growth Underpinned Strict Government Regulations for Growing Food Safety Demands: Future Market Insights

Market players are targeting emerging regions since they represent credible growth prospects, due to a huge population base and subsequent rise in food demand.

DUBAI, UAE / ACCESSWIRE / November 23, 2020 / The food ultrasound market is expected to expand steadily over the forecast period 2020-2030. The expansion is mainly driven by growing food safety concerns over mislabeling and food adulteration by several governments.

"Strict government regulations to avert food adulteration and contamination, are offering growth prospects for several global and regional level manufacturer of the food ultrasound device." concludes the FMI analyst.

Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-12760

Food Ultrasound Market – Key Highlights

The global food ultrasound market is likely to exceed US$ 160 million by 2030 end.
The Asia Pacific will come out as a lucrative region in the global market due to growing per capita food consumption.
Rising inclination towards high-intensity ultrasound detection to propel market growth.
Meat products remain majorly tested among food types over the forecast period.

Food Ultrasound Market – Drivers

Growing awareness about the quality of food products among customers is promoting the target market.
The advancement of ultrasound detection systems for the food sector to improve food ultrasound detection is complementing market growth.

Food Ultrasound Market – Restraints

Technological complications and lack of skilled workforce might impact the market growth
Strict food safety regulations are aspects that are hindering the growth of the market.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-12760

COVID-19 Impact on the Market

COVID-19 inflicted economic disruptions have had a limited influence on the global sales of food. However, there was a substantial increment in demand for instant foods at the onset of the pandemic. A shift towards vegan diets is boosting the scope of testing for plant based foods. Thus, rising health awareness together with secure supply chains will bolster the growth of the food ultrasound market amid the crisis.

Competitive Landscape

The global food ultrasound market is distinguished by the presence of several global level manufacturers and players. Major players identified in the food ultrasound market are Hitachi Corporation, Analogic Corporation, Siemens Healthcare, Koninklijke Philips N.V, FUJIFILM Holdings Corporation, Mindray Medical International Ltd., Esaote S.p. A, Emerson Electric Co., Robert Bosch GmbH, Dukane IAS, Buehler's Fresh Foods, Newtech, Hielscher Ultrasonics GmbH, Rinco Ultrasonics, and Denny's Franchisee Association.

Players are adopting prominent strategies such as partnerships, technological innovations, collaborations with smaller players and research organizations, new product launches, and acquisitions.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-12760

About the Study

The study offers readers a comprehensive assessment of the food ultrasound market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of food product (meat, beverages, fruits & vegetables, dairy, bakery & other food products) and frequency range (low intensity & high intensity), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Explore FMI's Coverage of the Food & Beverage Industry

Air-dried Food Market: Get insights on the air-dried food market through FMI's report covering detailed quantitative and qualitative analysis for projection period 2020 – 2030.

Food Additives Market: FMI's exhaustive study on the global food additives market covers the latest trends, innovations, key players, and popular strategies for the period 2016 – 2026.

Fortified Foods Market: Obtain detailed analysis on the fortified foods market through FMI's report covering competitive analysis, key regions, and segmental analysis for 2017 – 2027.

About Future Market Insights

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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

SOURCE: Future Market Insights

ReleaseID: 617917

PainReform Appoints Senior Pharmaceutical Executive and Finance Veteran Ilan Hadar as Chief Executive Officer

HERZLIYA, ISRAEL / ACCESSWIRE / November 23, 2020 / PainReform Ltd. (NASDAQ:PRFX) ("PainReform" or the "Company"), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced the appointment of Ilan Hadar as Chief Executive Officer.

Mr. Hadar brings over 20 years of multinational managerial and corporate experience with pharmaceutical and high-tech companies. Mr. Hadar has been instrumental in building companies from start-ups to hundreds of millions of dollars in operations. Mr. Hadar successfully took part in the development, approval, and launch of new pharmaceutical products in the U.S. and Israel. Mr. Hadar has also been responsible for leading the operations, R&D, manufacturing, regulatory, and corporate finance for premier healthcare companies in the U.S. and Israel.

Prior to joining PainReform, Mr. Hadar served as Country Manager Israel and CFO at Foamix Pharmaceuticals Ltd. (now NASDAQ: VYNE) since 2014, where he was instrumental in building the organization and launching new innovative topical drugs in the U.S., as well as a focus on capital markets and M&A. Prior to Foamix, Mr. Hadar was Finance Director at Pfizer Pharmaceutical Ltd., where he oversaw all commercial, financial and operational activities of the local entity. From 2007 to 2011, Mr. Hadar served as Finance Manager at HP Indigo Ltd, a world-leading company in digital printing. Prior to that, Mr. Hadar was Finance Director at BAE Systems (FTSE:BA), the third-largest defence company in the world, where he was responsible for all financial activities of BAE Systems Israel. From 1998 to 2016, Mr. Hadar was Chief Financial Officer at Mango DSP, a global leader of Intelligent Video Solutions, where he was successful in building the company from the incubator stage to a multinational, multi-million dollar revenue-generating company. Mr. Hadar serves on the Board of Directors at Kadimastem, a public Israeli biopharmaceutical company (TASE: KDST). Mr. Hadar received his MBA in Finance and Business Entrepreneurship and B.A. degree at The Hebrew University in Jerusalem, Israel.

Dr. Ehud Geller, Chairman of the Board, commented, "We are delighted to announce the appointment of Ilan Hadar as Chief Executive Officer. Ilan is a high caliber industry executive with an impressive track record that will help guide PainReform during this transformative period as we prepare to commence our pivotal Phase 3 trials for PRF-110. Ilan brings extensive experience in the pharmaceutical industry, including finance, business development, and global market adoption of medical products. Ilan's skill sets, combined with his leadership skills, should be invaluable as we work towards our goal of establishing PRF-110 as the standard of care in the post-operative non-opiate pain treatment market."

Ilan Hadar noted, "I am excited to join Pain Reform and help steward the Company through its next phase of growth. I personally believe PRF-110 holds enormous market potential. I believe PRF-110 will play an important role as an alternative to systemic opioids, which have contributed to the opioid epidemic."

About PainReform

PainReform is a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics. PRF-110, the Company's lead product, is based on the local anesthetic ropivacaine, targeting the post-operative pain relief market. PRF-110 is an oil-based, viscous, clear solution that is deposited directly into the surgical wound bed prior to closure to provide localized and extended post-operative analgesia. The Company's proprietary extended-release drug-delivery system is designed to provide an extended period of post-surgical pain relief without the need for repeated dose administration while reducing the potential need for the use of opiates.

Notice Regarding Forward-Looking Statements

This press release contains certain forward-looking statements, including statements with regard to PainReform's proposed clinical trials. Words such as "expects," "anticipates," and "intends" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions, and no assurance can be given that the clinical trials discussed above will be successfully completed. Completion of the proposed clinical trials are subject to numerous factors, many of which are beyond the control of the Company, including, without limitation, failure of the clinical trials, and the risk factors and other matters set forth in the Company's recent prospectus included in the registration statement, in the form last filed with the SEC. PainReform undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law.

CONTACT:
Crescendo Communications, LLC
Tel: 212-671-1021
Email: prfx@crescendo-ir.com

SOURCE: PainReform Ltd.

ReleaseID: 617643

Golden Triangle Ventures, Inc. Announces Plan to Spin Off Global Health Services and Dividend its Shareholders

LAS VEGAS, NV / ACCESSWIRE / November 23, 2020 / Golden Triangle Ventures, Inc. (OTC PINK:GTVH), a strategic consulting company doing business in the Health, Entertainment, and Technology sectors, is pleased to announce that the Board of Directors has elected to explore the opportunity to spin off Global Health Services and dividend all of its shareholders.

Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures under its Health Division. The Board of Directors have elected to explore the opportunity to Spin off its Health division through a Form 10 Filing which is anticipated to be filed in February. The company currently does business in the Medical PPE space and the CBD space, and management is in the process of building an extensive online portal which will support all of the multiple verticals under the company and provide a one stop shop for all of the company products and services. In addition, management is working on acquiring an array of profitable assets and projects with many impressive additions to its senior team involved.

More information on Global Health Services can be found on the company corporate website here: www.GTVhealth.com.

The company election to explore this spin off of Global Health Services into its own trading entity supports Golden Triangle Ventures core business model to help its business achieve their overall goals. Golden Triangle Ventures believes that the company deserves to be trading under its own entity as expectations of this division transpire in the months ahead. All shareholders in Golden Triangle Ventures will get a 1:1 share dividend in Global Health Services once the company Form 10 Filing becomes effective. Once Global Health Services officially spins off Golden Triangle Ventures, management intends to make another exciting acquisition to fill the third corner of its triangular business model. The company management team has been working towards this goal for several months and everything is being prepared to accomplish all the above goals.

Steffan Dalsgaard, CEO of Golden Triangle Ventures, states, "Our vision from day one has been to acquire companies that we truly believe in, give them all the resources necessary to become the companies we envision them becoming, then spin them off into their own entities once they are ready to get to the next level on their own. We strongly believe that Global Health Services is ready to get to the next level and become an amazing, multi-functioning, global health business. The team we intend to put in place and the products and services we will be offering are truly groundbreaking. We believe that our shareholders will be greatly rewarded upon our success, and the new company Golden Triangle Ventures intends to acquire will be another unique business that we believe to have an exceptionally bright future."

About Golden Triangle Venture

Golden Triangle Ventures, Inc. or "GTV" is a multifaceted consulting company pursuing ventures in the Health, Entertainment and Technology sectors. The company aims to purchase, acquire and/or joint venture with established entities within these areas of business. In addition, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of different business development objectives. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors this company aims to do business in.

Golden Triangle Ventures Website: http://www.GoldenTriangleInc.com.

Forward-Looking Information

This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Texas Oil & Minerals, Inc. including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Texas Oil & Minerals, Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law. For short updates on the company, please visit the corporate Twitter page @GTV_Inc.

CONTACT INFORMATION

Golden Triangle Ventures, Inc.
3430 East Russell Road
Suite 301-18
Las Vegas, NV 89120
1-800-469-2614

SOURCE: Golden Triangle Ventures, Inc.

ReleaseID: 617896

J-J Hooks Barrier Network Grows in Florida

MIDLAND, VA / ACCESSWIRE / November 23, 2020 / Smith-Midland Corporation (NASDAQ:SMID).

Easi-Set Worldwide, precast concrete product licensor and subsidiary of Smith-Midland Corporation, licensed producer announcement.

Easi-Set announced the expansion of one of its current J-J Hooks licensed producers into an established market area. After the successful launch of Mack Industries J-J Hooks highway safety barrier production in their Michigan based precast concrete plants last year, they have added an additional license for their facility in Florida.

"Mack is doing everything right in their roll out of this product. Their level of commitment to this opportunity has been impressive," said Art Miles, president of Easi-Set. "This move will add needed capacity to our expanding Florida market."

As one of the country's most experienced precasters Mack offers both ready-mix concrete and a broad range of precast concrete products from utility to road construction and building products from nine locations covering the Eastern U.S. from Michigan to Florida. Their 87 years of experience along with both PCI and NPCA plant certifications provide customers a reliable purchasing source.

J-J Hooks is proving itself to be a natural extension of Mack Industries product line for their road contracting clientele. Their Astatula, Florida plant is centrally located, easily serving the entire state.

About J-J Hooks Precast Concrete Highway Safety Barrier

J-J Hooks is the industry's most successful connection design with well over 15 million linear feet provided to highway construction projects in North America and abroad. J-J Hooks freestanding, pin-down and bolt-down designs have been MASH TL3 tested and are available from over 40 producers.

Discover more about J-J Hooks and its network of precast concrete licensed producers by calling 800-547-4045 or visiting www.JJHooks.com.

About Easi-Set Worldwide

Easi-Set Worldwide, a wholly owned subsidiary of Smith Midland Corporation, a public company, licenses the production and sale of Easi-Set products and provides diversification opportunities to the precast industry worldwide. For more information about precast product licensing opportunities, contact Easi-Set by calling 800-547-4045 or visiting www.EasiSet.com.

Contact: info@easiset.com

SOURCE: Smith-Midland Corporation

ReleaseID: 617755

BENEO Launches First Ever Instant Functional Rice Starch for Clean Label Applications

PARSIPPANY, NJ / ACCESSWIRE / November 23, 2020 / BENEO, a leading manufacturer of functional ingredients, has announced the launch of its new precooked functional native rice starch, Remypure S52 P. For the first time, it allows food manufacturers to produce clean-label food preparations, such as cold processed sauces, dressings, dairy desserts and bakery fillings with an instant functional native rice starch. The new ingredient delivers soft and creamy textures and excellent product stability, even under harsh processing conditions such as shear and acid.

Remypure S52 P is available now across the globe, enabling food producers to further embrace the clean label trend, using rice starch. As consumers continue to avoid products that contain artificial ingredients[i], transparent and simple labels are on the rise worldwide. Recent research has shown that one in four food and beverage launches carry a clean label claim, and this increases to one in three for sauces and seasonings[ii].

Applications such as food dressings, sauces, and dips, bakery fillings, or dairy desserts traditionally have to withstand acidity and/or high shear during preparation, and it can be challenging to maintain optimal functionality under these conditions. The functional native texturizer Remypure S52 P provides manufacturers with the perfect solution to this problem. This pre-cooked starch performs just as well as modified starches in cold processing conditions that involve low pH and/or high shear while being clean label at the same time.

Consumers worldwide are looking for authentic and natural ingredients. For example, half of UK and three out of five German consumers "intentionally avoid foods and/or beverages with artificial ingredients and look for natural products instead"[iii]. According to recent global research, when asked why consumers were interested in eating cleaner, almost three out of every five consumers (62%) said it was because it was healthier[iv].

Rice is seen as a familiar and healthy ingredient by the large majority of consumers[v]. Furthermore, it brings added creaminess and mouthfeel to any recipe, thanks to the unique characteristics of the rice starch granules. Remypure S52 P has performed well in taste trials,

with spoonable dressings, ranch dips, and bakery creams tested, all receiving positive feedback, particularly regarding the recipes' creamy textures and stability.

Benoit Tavernier, Product Manager Specialty Rice Ingredients at BENEO, commented, "With the increasing demand from consumers for transparent product labels, we are always looking for ways to help our customers meet these market demands. Remypure S52 P has been developed for food producers searching for an instant clean label texturizer for food preparations that can withstand harsh process conditions while giving an additional creamy aspect to the texture of the end product. It is the first rice starch of its kind on the market for this type of application and has already been well received in a range of taste tests. With the now extended Remypure range of functional native rice starches, BENEO is well set to support existing and potential new customers in their development process of various new clean label products."

ABOUT BENEO

BENEO has long-term experience in developing and producing ingredients from natural sources for food, feed, and pharmaceutical products. These plant-based functional ingredients help improve the nutritional and technical properties of a wide variety of products by supporting health and optimizing taste and texture. The Company's portfolio includes functional carbohydrates from sugar beet, prebiotic chicory root fiber, plant-based proteins, and specialty ingredients from rice. Through a unique chain of expertise, including the BENEO-Institute that provides decisive insights into nutrition science and legislation, and the BENEO-Technology Center that consults in application technology, BENEO supports customers by providing ingredients that promote a healthy lifestyle in a holistic way.

Formed in 2007, BENEO is active in over 80 countries, employs more than 1,000 people, and has five state-of-the-art production sites in Belgium, Chile, Germany, and Italy.

For further information on BENEO and its ingredients, please visit: www.beneo.com and www.beneonews.com or follow BENEO on Twitter: @_BENEO or LinkedIn: www.linkedin.com/company/beneo.

For further press information, please contact:
Dawn Fontaine
Ripple Effect Communications
Tel: 617-536-8887
Email: dawn@rippleeffectpr.com

For further information, please contact:
Inga Heinemann, PR-Manager, BENEO
Maximilianstraße 10, 68165 Mannheim, Germany
Phone: +49 621 421 179
Fax: +49 621 421 160
Email: Inga.Heinemann@beneo.com

[i] Source: BENEO consumer research clean label 2018

[ii] Source: Mintel GNPD, Jan 2015- Sept 2020. Clean label launches are launches with All Natural Product, GMO-Free, No additives/preservatives or Organic claims on the packaging

[iii] Source: BENEO consumer research clean label 2018

[iv] Source: Health Focus International, Clean Conscience Eating Report 2019

[v] Source: BENEO consumer research clean label 2018

SOURCE: BENEO

ReleaseID: 617754

Indonesia Energy Corporation Provides Update on Development Plans and Schedule for Investor Conference Call

IEC Continues Operations to Implement
Drilling and Exploration Programs at Kruh and Citarum Blocks

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / November 23, 2020 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has commenced pre-drilling operations and other exploration operations on both its current production asset (Kruh Block) and its exploration asset (Citarum Block).

IEC plans to hold an investor conference call in early December when IEC's operational experts will provide details on the planned drilling activities, and all other exploration and development activities. These experts will also answer investor questions. Details including timing of this investor call are expected to be released the first week of December.

As previously announced, IEC's plan is to drill new oil wells on its currently producing Kruh Block over time. Since mid-year, IEC has commenced pre-drilling operations, with drilling locations for the first 3 wells having been selected and the tender for the drilling rig and supporting services likewise having been completed. While the commencement of new drilling has been slightly delayed, IEC is hopeful that drilling of the first new well can commence next month. As previously announced, an additional 4 wells are planned in 2021, 6 wells in 2022 and 7 wells in 2023, for a total of 18 new wells on Kruh Block expected over four years.

IEC has also completed and provided to the Government of Indonesia two (2) Geological & Geophysical studies covering both the Kruh Block and the million-acre Citarum Block.

IEC also announced that by optimizing its production equipment and service activities, IEC has managed to maintain its production level at Kruh Block at above its production forecast.

Commenting on IEC's update on operations, Mr. Frank Ingriselli, IEC's President commented "An important milestone for our development plans was achieved with the commencement of our pre-drilling operations. This will pave the way to drill our planned 18 new wells over the next four years on the Kruh Block. These wells are expected to significantly increase our production and cash flow. Likewise, we anticipate that these operations will drive down our production costs to below $20 per barrel. We will continue to implement our plans with the goal of maximizing shareholder value."

About Indonesia Energy Corporation Limited

Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC's principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

Cautionary Statement Regarding Forward-Looking Statements

All statements in this press release of Indonesia Energy Corporation Limited ("IEC") and its representatives and partners that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts"). In particular, when used in the preceding discussion, the words "estimates," "believes," "hopes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts, and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the IEC's control, that could cause actual results (including, without limitation, the anticipated results of IEC's future exploration and production activities as described herein) to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of the Company's Form 20-F for the fiscal year ended December 31, 2019 filed with the Securities and Exchange Commission (SEC). Copies of the Company's SEC reports are available on the SEC's website, www.sec.gov, as well as the Company's website, www.indo-energy.com. IEC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:

Frank C. Ingriselli
President, Indonesia Energy Corporation Limited
Frank.Ingriselli@Indo-Energy.com

SOURCE: Indonesia Energy Corporation Limited

ReleaseID: 617853