VANCOUVER, BC / ACCESSWIRE / March 26, 2015 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) (“Novo” or the “Company”) is pleased to announce that it has signed an agreement to secure its right to 70% in three tenements covering the Beatons Creek gold-bearing conglomerates and to purchase the remaining 30% interest from Millennium Minerals Ltd (“Millennium”), an Australian Stock Exchange listed company. The tenements comprise Mining Leases 46/9, 46/10 and 46/11 (the “Tenements”) and were previously the subject of a Farm-in Agreement whereby Novo had the right to earn a 70% interest through completing a bankable feasibility study by August, 2016. Millennium has agreed to waive the need for a bankable feasibility study. As a result, Novo has satisfied the conditions of the Farm-in Agreement and is entitled to 70% in the Tenements. This 70% interest is limited to gold rights in the Tenements. Millennium has also agreed to sell to Novo the remaining 30% in the Tenements, together with all other rights Millennium has in the Tenements. Upon completion, the Farm-in and Joint Venture agreement will come to an end and Novo will obtain 100% title to the Tenements.

The purchase price paid by Novo for Millennium’s interest in the Tenements is AU$3.8 million. Millennium must deliver consent from their senior lenders at closing, expected shortly. Australian Foreign Investment Review Board approval has been received by Novo. Transfer of legal interest in the Tenements is subject to receipt of approval of the Minister of the Crown in the right of the State of Western Australia to the transfer of the Tenements. If this Ministerial approval is not granted by June 15, 2015, Millennium is required to return the purchase price.

“We are very pleased to reach this agreement with Millennium,” commented Dr. Quinton Hennigh, President and CEO of Novo Resources Corp. “Gaining 100% ownership of these mining leases will give our shareholders more exposure to this exciting project and will put the Company in a strong position to move this project forward.”

About Novo Resources Corp.

Novo’s focus is to evaluate, acquire and explore gold properties. The company presently has multiple joint ventures earning a 70% interest in approximately 1,800 square kilometers of the Pilbara region, Western Australia. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh

CEO and President

Forward-looking information

Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the statement that 100% ownership of the Tenements will put the Company in a strong position to move the Beatons Creek project forward. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the ability to undertake and complete the planned exploration activities, the receipt of successful results as exploration proceeds, customary risks of the mineral resource exploration industry, dependency upon third parties, assumptions made by management of Novo, as well as Novo having sufficient cash to fund the planned drilling and other activities.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

SOURCE: Novo Resources Corp. 

ReleaseID: 427245

GRAND RAPIDS, MI / ACCESSWIRE / March 26, 2015 / When Don Lenartz took over the Cottman Transmission and Total Auto Care franchise here in April, 2005, it was a struggling business. Lenartz, who had been a fleet manager for a major baked goods company for 25 years, had never run his own business.

How did he turn the business around?

“I found that honesty and integrity are the best new business tools,” said Lenartz, 56.

The Grand Rapids native, who spent much of his career as fleet manager for Interstate Bakeries, best-known for its Wonder(R) Bread and Twinkies(R) brands, puts an emphasis on educating his customers by taking them back into the shop to show and explain on their own cars why a repair is needed – or sometimes why not.

In the car repair business, he said, there are many unscrupulous people who try to sell repairs or parts whether or not they are actually necessary. “It hurts all of us in this business, so it basically comes down to trust,” Lenartz noted. “That’s why we actually show customers what may be causing a problem, so they can see for themselves. Earning their trust is well worth the extra time it takes to explain it properly.”

Lenartz’ Cottman center has earned such a good reputation in the community that other repair shops and car dealers in the region bring their transmission repairs to him.

The center, at 5174 Plainfield Ave. NE, has a solid crew anchored by one of the best transmission rebuilders in the area. Lenartz said he is constantly upgrading the facility and equipment, including a new scanner system that quickly creates a computer printout to help the customer easily understand what work is recommended and what it will cost.

“It’s part of our ongoing efforts to educate our customers and help them understand the work that’s being done and why,” he said. His older son Ryan, 32, has been a manager at the shop for six years and is a strong believer in educating the customer with a focus on honesty and integrity.

“It’s a great feeling when a new customer comes in and said his friend or co-worker told him we do good work and that we’re honest,” Lenartz said. “Good referrals are an important part of keeping a business strong and growing, and our focus on customer service has helped keep referrals coming our way.”

He points with pride to letters he has received from satisfied customers, who praise him for his integrity and thank him for explaining the “what and why” of the work done on their cars.

Cottman of Grand Rapids can be reached at www.cottmanofgrandrapids.com.

About Cottman Transmission and Total Auto Care:

With locations across the U.S., Cottman Transmission and Total Auto Care is a transmission and auto repair brand that services almost any make or model vehicle, foreign or domestic. Cottman Transmission and Total Auto Care centers specialize in complete transmission service, brakes, suspension, air conditioning service and much more. Cottman’s headquarters is based in Horsham, Pennsylvania. For more information, please visit www.Cottman.com and www.TheCottmanManBlog.com.

Contact:

Derik Beck
dbeck@cottman.com
267-464-7212

SOURCE: Cottman Transmission and Total Auto Care

ReleaseID: 427234

OLD BRIDGE, NJ / ACCESSWIRE / March 26, 2015 / Blonder Tongue Laboratories, Inc. (NYSE MKT:BDR) announced today that James A. Luksch, Chief Executive Officer and Chairman of the Board of the Company is retiring, effective as of March 26, 2015, after more than 25 years of service.

Mr. Luksch, 84, has been the Chief Executive Officer of the Company since 1988 and Chairman of our Board of Directors since 1994. He initiated a leveraged buyout of the Company from its original founders in 1988, and during his tenure oversaw the Company’s initial public offering in 1995 and later, its transition from an analog television equipment manufacturer to a technology-development and manufacturing company, delivering a wide range of products and services to the cable entertainment and media industry.

Robert J. Pallé, Jr. will remain as the Company’s President and Chief Operating Officer, and all other executive officers of the Company will remain in their current roles following Mr. Luksch’s retirement.

Commenting on Mr. Luksch’s retirement, Mr. Pallé said, “Jim has been a great mentor and teacher to all of us at Blonder Tongue for more than 25 years. He guided us through our transition to digital products and developed a solid team of dedicated professionals to succeed him and take the Company to the next level. We thank Jim for his achievements and look forward to the future.”

About Blonder Tongue

Blonder Tongue Laboratories, Inc. together with R. L. Drake Holdings, LLC – its wholly owned subsidiary – offer customers more than 130 years of combined engineering and manufacturing excellence with solid histories of delivering reliable, quality products. As a leader in the field of Cable Television Communications, the Company provides system operators and integrators serving the cable, broadcast, satellite, IPTV, institutional and professional video markets with comprehensive solutions for the provision of content contribution, distribution and video delivery to homes and businesses. The Company designs, manufactures, sells and supports an equipment portfolio of standard and high definition digital video solutions, as well as core analog video and high speed data solutions for distribution over coax, fiber and IP networks. Additional information on the Company and its products can be found at www.blondertongue.com, and www.rldrake.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: The information set forth above includes “forward-looking” statements and accordingly, the cautionary statements contained in Blonder Tongue’s Annual Report and Form 10-K for the year ended December 31, 2013 (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words “believe,” “expect,” “anticipate,” “project,” “target,” “intend,” “plan,” “seek,” “estimate,” “endeavor,” “should,” “could,” “may” and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends in our business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue’s actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue’s “forward-looking” statements.

Contacts

Eric Skolnik
Chief Financial Officer
eskolnik@blondertongue.com
(732) 679-4000

Robert J. Palle, Jr.
President
bpalle@blondertongue.com
(732) 679-4000

SOURCE: Blonder Tongue Laboratories, Inc.

ReleaseID: 427243

NEW YORK, NY / ACCESSWIRE / March 26, 2015 / Amarantus BioScience Holdings, Inc. (OTCQB:AMBS) today published a new blog post on The Chairman’s Blog, written by the Company’s President and CEO, Gerald Commissiong. TheChairmansBlog.com is an exclusive online media publication that enables key executive officers a unique platform to share insights about their company and industry trends.

In his blog, Mr. Commissiong provides an update on progress Amarantus has made in the Diagnostic and Therapeutics divisions, as well as highlights the Company’s business strategy and key milestones expected to be achieved in 2015. Read the full blog post from Mr. Commissiong on TheChairmansBlog.com (http://www.thechairmansblog.com/amarantus-bioscience/gerald-commissiong/amarantus-shareholder-update-fundamental-progress-pipeline-strategy-continues/).

About Amarantus BioScience Holdings, Inc.

Amarantus BioScience Holdings (AMBS) is a biotechnology company developing treatments and diagnostics for diseases in the areas of neurology, psychiatry, ophthalmology and regenerative medicine. AMBS has licensed Eltoprazine, a Phase 2b ready small molecule indicated for Parkinson’s disease Levodopa-induced dyskinesia and adult ADHD. AMBS has an exclusive worldwide license to the Lymphocyte Proliferation test, (LymPro Test(R)), which was developed by Prof. Thomas Arendt, Ph.D., from the University of Leipzig, for Alzheimer’s disease and owns the intellectual property rights to a therapeutic protein known as mesencephalic-astrocyte-derived neurotrophic factor (“MANF”) and is developing MANF-based products as treatments for brain and ophthalmic disorders. AMBS also owns intellectual property for the diagnosis of Parkinson’s disease (NuroPro) and the discovery of neurotrophic factors (PhenoGuard(TM)).

In November 2014, AMBS entered into an exclusive option agreement with Lonza Walkersville, Inc., a subsidiary of Lonza Group Ltd., to acquire Cutanogen Corporation, a subsidiary of Lonza Walkersville, to develop Engineered Skin Substitute (ESS-W), an autologous skin replacement product for the treatment of Stage 3 and Stage 4 intractable severe burns.

On January 12, 2015, AMBS announced the acquisition of DioGenix, Inc., a specialized neuro-diagnostics company, and owns the rights to MSPrecise(R), a proprietary next-generation DNA sequencing (NGS) assay for the identification of patients with relapsing-remitting multiple sclerosis (RRMS) at first clinical presentation. On January 15, 2015, AMBS executed a one-year exclusive option agreement with Georgetown University to enter into a license for the patent rights related to certain blood based biomarkers for memory loss and Alzheimer’s disease jointly owned by Georgetown University and University of Rochester. For further information please visit www.Amarantus.com, or connect with the Company on Facebook, LinkedIn, Twitter and Google+.

About TheChairmansBlog.com

TheChairmansBlog.com is an exclusive, online media publication where publicly and privately held firms alike share insights about their companies and industries. TheChairmansBlog.com enables upper tier management to discuss issues that are of importance to their stakeholders, shareholders, and interested parties in an informal environment. www.thechairmansblog.com.

SOURCE: TheChairmansBlog.com

ReleaseID: 427242