• 180 Life Sciences boasts a world-class team responsible for developing new classes of drugs targeting multiple disease states while creating significant shareholder value
• The company has a large and expanding patent portfolio
• The risks associated with the company’s drug development efforts are mitigated through the concurrent advancement of multiple programs in different stages of development
• 180 Life Sciences decreases costs and expedites time to market through the use of grant funding, cost-effective international trials and recruitment of hospital-based luminaries who attract teams of excellence

KBL Merger Corp. IV (NASDAQ: KBLM), a special purpose acquisition corporation (“SPAC”), announced that, in connection with its previously detailed merger agreement with 180 Life Sciences, it consummated a bridge financing on June 29, 2020, and submitted its latest S4 filing with the SEC on August 28, 2020. It expects to close the business combination in Q4 2020. Following the merger, the company will be listed on the Nasdaq Capital Market under ticker symbol ‘ATNF’.

180 Life Sciences Corp. is a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain by leveraging the combined expertise of luminaries in therapeutics from Oxford University, the Hebrew University and Stanford University.

KBLM has valued 180 Life Sciences at $175 million, with the acquisition being carried out via a share swap through which each share of 180 Life Sciences will be exchanged for one share of KBLM.

Drug Development Programs

180 Life Sciences is leading the research into solving one of the world’s biggest drivers of disease – inflammation. The company is driving groundbreaking study into clinical programs, which are seeking to develop novel drugs addressing separate areas of inflammation for which there are no effective therapies.

The company’s primary platform is a novel program to treat fibrosis and inflammation using anti-TNF, with its lead program in phase 2b/3 clinical trials with first results expected in 2021. Further clinical trials are scheduled to begin by the end of 2020. The company has two additional programs that are in the preclinical stage and are showing promising results.

• Fibrosis & Anti-TNF (Phase 2b/3 Trials): Based at the Kennedy Institute within Oxford University, the fibrosis and anti-TNF program is being led by Professor Jagdeep Nanchahal, a surgeon-scientist who has been running the phase 2 trials, and Professor Sir Marc Feldmann, a renowned immunologist and one of the pioneers of anti-TNF therapy. The program is designed to address four critical areas of inflammation:
  1. The phase 2b/3 trial evaluating the treatment of early stage Dupuytren’s disease (“DD”) is a fully grant-funded and enrolled study, with top line data expected to be available by Q4 2021.
  2. The phase 2b trial studying the treatment of frozen shoulder is likewise grant-funded and is scheduled to be initiated by Q3 2021.
  3. The phase 2 trial in post-operative cognitive deficit (“POCD”) is anticipated to commence in Q4 2021.
  4. Preclinical studies in liver fibrosis and nonalcoholic steatohepatitis (“NASH”) are set to begin in late 2020.

• Inflammatory Pain (Preclinical):Directed by Professor Raphael Mechoulam at the Hebrew University in Israel, this program is focused on discovering novel compounds to treat chronic inflammatory pain.
• A7nAChR (Preclinical):Led by Professor Lawrence Steinman and Dr. Jonathan Rothbard, 180 Life Sciences is seeking to develop a treatment for ulcerative colitis in ex-smokers by targeting the a7nAChR, a nicotine receptor in the body and a central factor in the body’s method of controlling inflammation.

Market Size for Anti-Inflammatory Medication

According to a study carried out by Allied Market Research, the anti-inflammatory therapeutics market is expected to grow to an approximate $106.1 billion annual market size in 2020, registering a CAGR of 5.9% during the period from 2015 to 2020.

Ranging from asthma treatments to targeting the causes of diseases such as arthritis, multiple sclerosis, psoriasis and inflammatory bowel disease, anti-inflammatory therapeutics have seen a sharp increase in usage, particularly given that they allow for medical responses that are more targeted and effective while possessing lesser side effects relative to conventional drugs.

Management Team

Professor Sir Marc Feldmann, Co-Chairman, is known to be a pioneer of anti-TNF therapy, which seeks to suppress the immune system by blocking the activity of TNF, a substance in the body that can cause inflammation and lead to immune-system diseases. As of today, anti-TNF therapy drugs have become the world’s largest drug class, with sales estimated at over $40 billion per annum. Feldmann has received seven international awards for biomedical innovation over the years, including the Crawford and Lasker awards, and he is a member of the Royal Society.

Professor Lawrence Steinman, Co-Chairman, is a scientific luminary, having discovered the role of integrins, which led to the creation of Natalizumab, a highlight effective treatment for multiple sclerosis and inflammatory bowel disease. Steinman is a member of the National Academy of Sciences and has received four international awards for biomedical innovation, including the Charcot Prize. Prior to joining 180 Life Sciences, Steinman founded Centocor, a pharmaceutical company that was sold to Johnson & Johnson for $4.9 billion.

Dr. James N. Woody, CEO, was instrumental in the discovery of Remicade as Chief Scientific Officer at Centocor. Previously, Woody founded Avidia and Proteolix, both of which were subsequently sold to Amgen, and he was a General Partner at Latterell Venture Partners. Boasting over 25 years of pharmaceutical research and management experience, Woody was also previously the general manager of Roche Biosciences, the former Syntex Pharmaceutical Company.

For more information, visit the company’s website at www.180LifeSciences.com.

NOTE TO INVESTORS: The latest news and updates relating to 180 Life Sciences are available in the company’s newsroom at http://ibn.fm/180

• SRAX working to build largest data set in world
• Forbes reports that a company’s most valuable asset may be its data
• Investors have come to favor digital, data-rich, and even merely data-savvy businesses

During a time when a company’s data may be more valuable than the company itself (http://ibn.fm/O8qlJ), SRAX (NASDAQ: SRAX) is focused on building the largest and most valuable opted-in data set in the world. The innovative company is gathering increasingly reliable data sets across a wide spectrum of industry verticals.

“CIOs unwittingly may be the caretakers of their company’s most valuable asset: its data,” reported a recent “Forbes” article. “Unfortunately, most CIOs and their CFO counterparts continue to take their cue about valuing their company’s data from antiquated accounting regulations. Instead, they should have a heads-up and proactive awareness of contemporary market forces, the art-of-the-possible with data, and investor exuberance about data-savvy companies.”

The article noted that while accountants tend to be pragmatists, investors are opportunists. “The latter in their never-ending quest for alpha have come to favor digital, data-rich, and even merely data-savvy businesses — not just for their multiples, but for their data itself,” the article noted.

Pointing to Microsoft’s $26 billion acquisition of LinkedIn and Facebook’s almost $22 billion acquisition of WhatsApp, the article stated that “while some experts contend that these stratospheric acquisition price tags were to ‘get their customers,’ customers and their loyalty resulting in future cash flows must be earned and cannot be bought. Nor can customers themselves be considered actual assets since people cannot be owned or controlled. On the other hand, customer data—including their transactions, interactions and profiles—can be owned and controlled . . . . Therefore data itself was the asset central to these corporate acquisitions.”

Investors, in general, favor data-savvy companies, the article concludes, citing a recent Gartner study that found “on average the ratio of market value to tangible asset replacement cost (known as Tobin’s q), even for pre-digital companies, is nearly two times greater for those that demonstrate certain data-savvy behaviors.”

SRAX’s proprietary technology is designed to unlock data for brands in the CPG, investor relations, luxury, and lifestyle verticals. Through its platforms, SRAX is monetizing its data sets and growing multiple recurring revenue streams.

The company’s most recent offering, Sequire, is a premiere investor intelligence and communications management platform that unlocks investor behaviors and trends, including who is buying and selling stock, for issuers of publicly traded companies. Through the platform, companies can track their investors’ behaviors and trends and use those rich audience insights to engage existing investors and attract new investors across marketing channels.

For more information, visit the company’s website at www.SRAX.com.

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

• Worldwide pandemic spurs growth in VOD space
• New numbers show millions leaving pay TV behind
• MVES pioneering new media-content delivery systems, creating direct-server access platform

The numbers are in, and not surprisingly, COVID-19 has prompted a growing number of entertainment seekers to cut the cord. A recent Protocol article (http://ibn.fm/Y9ynN) reports that cable and TV subscribers are down, a trend that promises benefits for companies such as The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company.

“Shelter-in-place boredom hasn’t stopped consumers from canceling cable,” the article reported. “Cord cutting has accelerated during the COVID-19 pandemic. That’s according to new data from the nation’s major cable and satellite TV providers. Comcast, AT&T, Dish, Charter and Verizon collectively lost 1.46 million pay TV subscribers during the second quarter, compared to 1.22 million subscribers during the same quarter last year.

“Cord cutting has been on an upward trajectory over several quarters,” the article continued. “In 2019, more than twice as many consumers canceled their pay TV subscription than during the prior year. The latest numbers indicate that 2020 will be even worse. During the first half of the year, the five big pay TV providers lost a collective 3.45 million subscribers. Over the first six months of 2019, 2.42 million consumers cut the cord.”

Of course, those cord cutters haven’t stopped watching the screen. Cable TV’s loss is Video on Demand’s (“VOD”) gain, the article observed. Specifically, “Netflix added 10 million new subscribers in Q2 alone, including close to 3 million in North America. Disney+ added 24 million paying subscribers worldwide during the quarter.”

Netflix and Disney+ are big players in the VOD space, but a growing number of smaller companies are making a move in the growing sector, and The Movie Studio is leading the charge. MVES is committed to acquiring, developing, producing and distributing independent motion picture content for worldwide consumption via subscription and advertiser video on demand (SVOD/AVOD), over the top (“OTT”) platforms, foreign sales and various media devices.

With that strategy in mind, The Movie Studio is establishing a proprietary OTT VOD platform to distribute both its own and aggregated feature film projects, television programming and other media intellectual properties. In addition, the company is pioneering new media content delivery systems with its digital business model of motion picture distribution as well as its plans to create a direct-server access platform of its content for worldwide distribution.

This focus may be well worth the effort as The Movie Studio strengthens its position in a space with billion-dollar potential. A Mordor Intelligence report notes that the Video on Demand market was valued at $56.55 billion in 2019, with projected growth to reach $120.91 billion by 2025, at a CAGR of 13.5% during that same period (http://ibn.fm/8lXhq). The upward trajectory — both in cord cutting and forecast growth — bodes well for MVES, a company intent on disrupting the traditional entertainment and media sector.

For more information about the company, visit www.TheMovieStudio.com.

NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES

• Cloud-based platform to facilitate buying, selling, leasing, and trading-in vehicles
• Partners with leading financial platform, RouteOne
• Access to thousands of dealerships across the United States, Canada
• More than 1,500 sources of finance
• Share restructuring to accommodate acquisition of MUSA leasing platform

The recent annual general meeting of PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) took a celebratory tone as it marked the one-year anniversary of the company’s investment in the MUSA Holdings leasing platform. Shareholders approved a series of stock restructuring proposals that included an increase in authorized shares and, notably, the issue of new shares to fund the MUSA stake (http://ibn.fm/qp5UO).

PowerBand recently added another national auto insurance network to its growing online sales platform. The company has quickly become a fintech leader in the North American, auto-leasing market. The company’s innovative technology platform brings the ecommerce experience to the buying, selling, leasing and trading in of vehicles, thus improving market outcomes for buyers, sellers, dealers and manufacturers.

In July 2019, PowerBand announced its intention to acquire 60% of MUSA Holdings LLC and its subsidiaries, including MUSA Auto Finance LLC (“MUSA”). Under the completed unit purchase agreement, PowerBrand has issued 900,000 PBX common shares to MUSA. An additional 900,000 shares will be issued on the second anniversary of the acquisition.

The deal boosted PowerBand’s capabilities in the auto market. The MUSA technology platform matches lessors and lessees within the auto market and carries features that won it an early high-profile customer. In 2018, MUSA was granted the highly coveted status of national leasing partner by TESLA. The giant carmaker was impressed by the MUSA technology, which takes an application, calculates a lease, auto-decisions the application, provides an approval back to dealer partners, and prefills a lease contract accurately, all in less than eight seconds. The MUSA acquisition transformed PowerBand into an industry-leading fintech in vehicle acquisition, leasing, lending and auction services.

PowerBand’s incorporation of the MUSA platform will allow dealers, both franchised and independent, as well as customers to:

• Conduct lease transactions for both new and used vehicles
• Acquire pre-owned vehicles for MUSA consumers through PowerBand’s online auction platform
• Retain customers through new lease options using the PowerBand-RouteOne partnership
• Resell off-lease vehicles to D2D Automotive Auctions (“D2D”) through the PBX auction platform.

RouteOne is a leading financial platform owned by Ally Financial, Ford Motor Credit Co., TD Auto Finance and Toyota Financial Services. In February, PowerBrand finalized an agreement with RouteOne that gives PBX access to thousands of dealerships and more than 1,500 finance sources across the United States and Canada. D2D is a joint venture partnership owned equally by PowerBand and Bryan Hunt in the United States.

These developments expand PowerBand’s capabilities to provide the automotive industry with an effective, innovative method to buy and sell vehicles that offers a convenient, hassle-free, cost-effective alternative to physical transacting. As part of its overall offering, the company’s LiveNet Auction Portal allows dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry’s top used vehicle buyers.

This approach fosters transparency and price discovery resulting in greater consumer satisfaction. Additionally, dealers no longer have to hard sell. Since buyers and lessees are able to invest less time and resources in search costs, product moves faster. The PowerBand platform also allows consumers access to a variety of finance and insurance add-ons to complement their vehicle acquisitions.

For more information, visit the company’s website at www.PowerBandSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF

• EV sales rising despite declining economy due in part to policy initiatives, government incentives
• EV share prices making triple-digit percentage gains since Q2 2020
• NETE divesting payments processing business model, entering EV industry through definitive merger agreement with Mullen Technologies
• Merger expected to accelerate process of taking Mullen public in addition to catalyzing manufacturing operations in United States

While sales of internal combustion vehicles continue to trend downward, electric vehicle (“EV”) sales are holding up – particularly in countries like Germany where EVs are heavily subsidized and central to the country’s economic recovery plan (http://ibn.fm/RqaIF). Investors continue diverting capital into the EV industry as a result, pushing EV stock prices to unprecedented levels. Through a bold move aimed at maximizing shareholder value, Net Element (NASDAQ: NETE) announced its plans recently to enter the EV industry through a definitive merger agreement with Mullen Technologies. Pending requisite approvals, the reverse-merger with the Southern California-based EV company will allow the stakeholders of privately-held Mullen to acquire a majority of the new stock and accelerate the process of taking the company public, giving potential investors an opportunity to buy the relatively undervalued shares within the rapidly growing sector.

“We feel, after considering an array of strategic alternatives, that the agreement with Mullen provides our shareholders with the most compelling opportunity,” said Net Element chairman and Chief Executive Officer Oleg Firer (http://ibn.fm/mOdKv). “We conducted an extensive search of companies that have disruptive technologies and believe that Mullen represents the best path forward.”

EV stocks have been on the rise since March – seemingly immunized against any COVID-related fallout by government-backed incentives that are pushing EV use on a global scale, particularly in Europe (http://ibn.fm/IzzCb) and China (http://ibn.fm/TsbTD). Despite their high volatility, EV stock prices saw massive net gains since last spring as Tesla shot up over 500% (http://ibn.fm/FJlCT), newly-public Nikola increased almost 300% (http://ibn.fm/Y1Yk5), NIO rose over 700% (http://ibn.fm/BxW9N), and Workhorse shot up 1000% within a few weeks (http://ibn.fm/BQPU9).

Investor sentiment appears to be fueled by research such as BloombergNEF’s latest report (http://ibn.fm/lVjQM) that paints a picture of an electrified future where EVs make up more than half of global passenger car sales by 2040, fueled in part by policymakers setting lower emission targets, fuel economy regulations, quota systems and urban policies that favor EVs. Besides their expected widespread adoption in the passenger market, EVs are also expected to account for 81% of municipal bus sales, 56% of commercial vehicle sales and 31% of the medium commercial market (http://ibn.fm/lgrnz).

Pending the definitive agreement, fairness valuation, stockholder and board approval, the merger between NETE and Mullen is expected to catalyze the process of taking Mullen public in addition to expanding its manufacturing operations in the United States through a proposed plant in West Plains, Washington. The agreement, once finalized, will give both new investors and existing stakeholders an unprecedented opportunity to invest in an industry that is poised to significantly alter the global transportation landscape while playing a key role in revitalizing the global economy.

For more information, visit the company’s website at www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

• Goldman Sachs has recently raised its 12-month forecast for gold to $2,300/oz, rising from its previous estimate of $2,000/oz
• Gold prices touched historical high in August 2020, rising to $2,075/oz on back of dollar depreciation, growing economic uncertainty
• Kingman Minerals is currently working to develop its mining interest in Arizona, USA as well as Quebec, Canada
• A previous non-NI 43 101 compliant study of Kingman Mineral’s Arizona site carried out in 1985 found potential reserves of up to 664,000 ounces of gold, 2.6 million ounces of silver

Kingman Minerals (TSX.V: KGS), a Canadian-listed gold miner with extensive claims in key mining jurisdictions spanning the North American continent, finds itself in the middle of one of the most intriguing precious metal bull markets of all time with gold prices touching a record high in early August 2020 – rising to an intraday level of $2,075.47/oz. Investors have fueled a furious rally in the metal this year, as asset managers have sought relative safe havens in which to park their money with concerns rising about a resurgence in the coronavirus and the impact that it could have on the global economy.

Gold prices have been on a remarkable run in 2020, rising by $560/oz to $2,075/oz prior to peaking in early August. Global central banks have carried out over 150 interest rate cuts thus far in 2020, reducing their rates by a cumulative 5,100 basis points (http://ibn.fm/OQEje). Meanwhile, the IMF has estimated that global governments have introduced fiscal support measures amounting to over $9 trillion since the start of the COVID-19 pandemic (http://ibn.fm/mCYex). The resulting weakness in the U.S. dollar (the euro has appreciated over 10% relative to the US dollar since March) and eventual inflationary pressures stemming from these measures have led to a surge in demand for gold – with the two most popular gold ETFs adding nearly 400 tonnes or 12 million ounces of gold to their combined inventories over the past few months.

“Gold is the clear beneficiary of safe haven demand,” Stephen Innes, chief global markets strategist at AxiCorp, said in a research note last month (http://ibn.fm/Bqxtr). Remarkably, the record-breaking run may not yet be over.  Goldman Sachs has recently abandoned its previous gold forecast of $2,000/oz and now believes that the market will see $2,300 an ounce within the next 12 months. The investment bank has also lifted its silver outlook to $30 from $22 an ounce previously (http://ibn.fm/J4CW0).

Driven by “a potential shift in the U.S. Fed toward an inflationary bias against a backdrop of rising geopolitical tensions, elevated U.S. domestic political and social uncertainty, and a growing second wave of COVID-19 related infections,” the recent rally in the gold price has outpaced gains seen in a variety of other asset classes, noted a team of analysts led by Jeffrey Curie. Additionally, they added, “combined with a record level of debt accumulation by the U.S. government, real concerns around the longevity of the U.S. dollar as a reserve currency have started to emerge,” which in turn have prompted a flight to gold as a relative safeguard versus potential currency debasement.

Kingman Minerals is currently operating within two key mining sites, namely – the Mohave Project located with Arizona’s Music Mountain range as well as the Cadillac East property, the latter of which lies approximately 500 kilometers north-west of the city of Montreal and is situated only a few miles away from the Canadian Malartic gold mine, the largest open-pit gold mine in Canada with total deposits estimated at close to 10 million ounces of gold (http://ibn.fm/LufqO).

The company has recently been focusing its efforts around investigating and confirming the viable ore deposits within its Arizona-based Mohave project, which is expected to be delivered in the near future. A previous study of the site, carried out in 1985 prior to the introduction of the current NI 43-101 regulations coming into force, found that the site’s potential assets – which included the historic Rosebud Mine – could amount to as much as 664,000 ounces of gold and 2,600,000 ounces of silver (http://ibn.fm/b0FxO).

As gold prices trade near record levels, and with demand from investors and end-consumers alike providing strong support to the precious metal, Kingman Minerals seems perfectly positioned to capitalize from the ongoing boom. With the company’s US and Canadian-based mining assets both holding significant promise in regards to their potential mineral deposits, Kingman Minerals may find its market value skyrocketing before long.

For more information, visit the company’s website at www.KingmanMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://ibn.fm/KGS

• SGTM dispatched team from subsidiary National Storm Recovery to assess damages caused by Hurricane Laura, participate in the recovery efforts
• National Storm Recovery specializes in clearing storm debris, recycling natural waste caused by hurricanes into organic products such as mulch or playground surfacing material
• The hurricane is said to have destroyed parts of Louisiana’s power grid, has interrupted clean water supply in Lake Charles metro area
• Meteorologists have forecast that this hurricane season could lead to formation of above-average 13-19 storms over course of the year

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has announced that its wholly-owned subsidiary, National Storm Recovery LLC, has deployed one of its teams to assess the damages wrought by Hurricane Laura and to plan on the recovery efforts in conjunction with regional governing agencies.

Hurricane Laura made landfall on the morning of August 27, wreaking havoc in both Louisiana and Texas, with meteorologists classing the storm as one of the strongest hurricanes to strike both states since at least 1856 (http://ibn.fm/9QOjJ). The hurricane is said to have destroyed parts of Louisiana’s power grid, with its 150-mph winds causing devastating damage to homes in the region and contributing to at least 17 deaths in Louisiana and Texas.

“We expect the recovery to be as difficult and challenging as we have ever faced in the past,” said Phillip May, president and CEO of Entergy Louisiana. “Customers should expect extended power outages lasting weeks” (http://ibn.fm/oascC).

Hurricane Laura is also said to have knocked out most of the water service to the Lake Charles metro area, located in southwestern Louisiana, according to City Administrator John Cardone.

“There were a lot of uprooted trees on private property,” he said. “If they got the water lines on the private property, we’d need to go there and locate it. If people are evacuated, we don’t know where the leaks are.”

An initial assessment carried out by Sustainable Green Team’s employees as well as live updates of the recovery efforts and video coverage, can be accessed via the company’s social media accounts (http://ibn.fm/1oQ1R).

“Our hearts and prayers go out to all the families that have been affected by this devastating storm,” said SGTM CEO and Director Tony Raynor. “Our company is committed to getting communities back on their feet again. I have personally been involved with over 25 different storm and recovery projects throughout the country and have managed millions of cubic yards of storm debris.”

Unfortunately, the devastation caused by Hurricane Laura this year may fail to be an isolated event. Earlier this year, experts had warned that conditions were ‘ripe for a major Atlantic hurricane in 2020,’ as an ominous combination of warm ocean water and seasonal weather patterns combined to create a potentially devastating scenario. During an average year, approximately 12 name storms are formed, ranging from relatively short-lived tropical storms to full-fledged hurricanes earning an official moniker. However, this year, forecasters at the National Oceanic and Atmospheric Administration have predicted that anywhere from 13 to 19 large storms could spin up, with as many as six transforming into major hurricanes (http://ibn.fm/OzI48).

SGTM’s subsidiary, National Storm Recovery LLC, specializes in providing customers with tree services, debris hauling and removal, and bio-mass recycling, among other services. The company operates a vertically integrated model, which allows it to transform natural waste created by hurricanes, ice storms and floods into useful organic products that benefit the environment through tree services that include debris hauling, biomass recycling, waste removal, mulch manufacturing, packaging and sales, and the production of playground surface material.

To learn more about Sustainable Green Team Ltd., view the investor presentation at http://ibn.fm/HkY2X.

NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM

• GoldHaven Resources Corp. recently announced its entry into agreements to acquire seven advanced gold projects in Chile
• On April 17, 2020, GoldHaven Resources entered an agreement to purchase a 100% interest in two gold projects located in the Maricunga Gold Belt of Northern Chile
• On August 11, 2020, GoldHaven Resources acquired five additional potential gold projects in the Maricunga Gold Belt
• In conjunction with its August announcement, GoldHaven Resources detailed plans for a non-brokered private placement that is expected to generate gross proceeds of $4,025,000
• Gold prices have been on a remarkable run in 2020, breaking above $2,000 per ounce for the first time on record

GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF) (formerly Altum Resources Corp.), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, recently announced its entry into agreements to acquire seven advanced gold projects in the Maricunga Gold Belt of Chile that hosts over 100 million ounces of gold within the last 10 years.

Chilean Gold Properties Being Acquired

On April 17, 2020, GoldHaven Resources entered into an agreement to purchase a 100% interest in two gold projects located in the Maricunga Gold Belt of Northern Chile. The first property, Rio Loa, is located 25 kilometers south of Gold Fields Ltd.’s Salares Norte, where, this year, a five-million-ounce discovery was made. The second property, Coya, is located only 10 kilometers east of the Kinross La Coipa open pit mine, which has produced over 7.5 million ounces of gold to date.

Rio Loa Project

Initial geophysical studies of the Rio Loa site have exposed highly anomalous ardennite and lead values, a key characteristic of gold mineralization within silicified resistive bodies. The studies have also produced initial findings which are similar to those seen at contiguous mines, such as Salares Norte (operated by Gold Fields), which has over five million ounces in estimated gold deposits.

The potential economics for the site look particularly promising when taking the unit costs at the neighboring Salares Norte mine into account. Gold Fields has estimated that its production AISC (all-in sustainable costs) will approximate $552 per ounce and have forecast a 2.3-year payback period for its initial investment, assuming a $1,300 per ounce gold price.

Coya Project

The Coya site is located within close proximity to one of the richest and largest epithermal gold and silver districts in Chile and is in close proximity to active mining sites, specifically the La Coipa mine owned by Kinross. A study carried out in 2017-2018 on the Coya site of 796 rock chip samples found favorable gold and silver values, in some cases ranking as high as 764 grams/tonne of gold and 719 grams/tonne of silver – values which are near certain indicators of potential gold and silver deposits. The La Coipa mine (Kinross) has produced over 6.9 million ounces of gold to date.

On August 11, 2020, GoldHaven Resources acquired five potential gold projects in the Maricunga Gold Belt of Northern Chile. The Maricunga hosts discoveries within the last 10 years of over 100 million ounces of gold and over 450 million ounces of silver. These newly acquired properties are in close proximity to seven other mines, which possess an estimated aggregate of 81 million ounces of gold in total reserves.

GoldHaven’s five new projects cover a total area of approximately 22,600 hectares, or 226 square kilometers, located in the northern portion of the Maricunga Belt in proximity to the 5 million-ounce gold equivalent Salares Norte project owned by Gold Fields. Gold Fields announced in April 2020 its intention to proceed with the development of Salares Norte at a cost of $860 million, with a $138 million expenditure budgeted for 2020.

The Maricunga Belt extends approximately 150 kilometers north-south and 30 kilometers east-west, straddling the border between Chile and Argentina. This region hosts known mineral resources of more than 100 million ounces of gold, 450 million ounces of silver and 1.3 billion pounds of copper.

The Maricunga project’s opportunity came about as a result of a $150 million initiative launched by the Chilean Economic Development Agency (“CORFO”), with the objective of encouraging exploration and mining prosperity in Chile and strengthening Chile’s position as a world leader in the sector.

As part of CORFO’s program, a total of $15.3 million was given to private equity fund IMT Exploration to evaluate 403 projects, beginning in 2011. This led to a generative program carried out from 2016 to 2019, resulting in 126 potential epithermal targets from which 57 field evaluations were made. Due diligence work followed on 19 of these. Work programs were then conducted, including geological mapping, rock and soil sampling and TerraSpec (“PIMA”) analyses on geochemical grids for alteration mapping, and, as a result, the five high-priority Maricunga projects were identified. No drilling has been carried out on any of the Maricunga projects.

Securing Financing for Upcoming Operations

In conjunction with its announcement regarding its acquisition of five Chilean mining interests, GoldHaven Resources also detailed plans for a non-brokered private placement of 11.5 million units at a price of $0.35 per unit, for gross proceeds of $4,025,000. Each unit will consist of one share of the company and one warrant, the latter of which can be exercised to acquire an additional share of the company for a period of 18 months from the date of issuance at a price of $0.50 per share. Net proceeds from the offering are intended to be used to fund general expenses, as well as exploration and drilling of its mineral properties.

Gold Prices Hit Record High in 2020

Gold prices have been on a remarkable run in 2020, breaking above $2,000 per ounce for the first time on record. Having begun the year at $1,515 per ounce, the precious metal has seen a huge surge on the back of widespread economic uncertainty stemming from governments’ worldwide propensity to expand the money supply, from the reduction of the value of the U.S. dollar as expressed by the decrease in the U.S. dollar index, and from the very real economic effects of the COVID-19 pandemic.

Global central banks have carried out 144 interest rate cuts thus far in 2020, reducing rates by a cumulative 5,035 basis points (http://ibn.fm/pDhUb). Meanwhile, the IMF has estimated that global governments have introduced fiscal support measures amounting to over $9 trillion since the start of the pandemic (http://ibn.fm/ZJrY0). The resulting weakness in the U.S. dollar and eventual inflationary pressures stemming from these measures has prompted a number of investment banks to boost their near-term outlooks for gold prices, with Bank of America raising its 18-month gold price target to $3,000 per ounce (http://ibn.fm/NS3ZB).

Leadership Team

David Smith, President, CEO and Director, has been immersed in the mining industry for the last eight years, working in corporate development and finance. Prior to GoldHaven Resources, Smith cofounded a multifaceted real estate development and sales company, which has now been in operation for over 35 years. He also cofounded two successful environment-focused companies listed on the Toronto Stock Exchange. Both companies were sold independently and returned a significant profit for shareholders.

Darryl Jones, Chief Financial Officer, is a finance executive and CPA with over 30 years of public company and project buildout experience. Most recently, Jones served as the CFO of Lupaka Gold Corp., retiring in June 2018. Prior to that, Jones serves as CFO of Corriente Resources, which was sold to CRCC-Tongguan in May 2010 for C$680 million.

Patrick Burns, VP Exploration and Director, is a Canadian geologist with over 40 years of experience throughout the Caribbean and Central and South America. He played a direct role in the discovery of the Escondida porphyry copper deposit in Chile and has been involved in publicly traded mining companies, predominantly in Chile, for 35 years.

Marla Ritchie, Corporate Secretary, brings over 25 years of experience in public markets to the GoldHaven team. Throughout this time, she has worked as an administrator and corporate secretary specializing in resource-based exploration companies. Currently, Ritchie is the corporate secretary for several companies, including International Tower Hill Mines Ltd. and Trevali Mining Corp.

Gordon Ellis, Director; has over 50 years’ experience in mining and resource development. A professional engineer and entrepreneur, he has held multiple senior management and director roles with public mining companies, as well as a multi-billion-dollar ETF fund. Ellis holds an MBA in international finance and a Chartered Directors designation.

Scott Dunbar, Director is a professor and head of multiple departments at the University of British Columbia, including mineral extraction and mining innovation, as well as mining engineering. He has been involved in projects around the world in regard to mining exploration, geotechnical engineering and mine design. Dunbar received his PhD in geophysics and civil engineering from Stanford University.

For more information, visit the company’s website at www.GoldHavenResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ATUMF are available in the company’s newsroom at http://ibn.fm/ATUMF

• Powerful new gaming operator offers three diverse brands: Aragon Casino, Club Double, and MobiusBet
• Mobius has partnered with more than 600 VIP and master gaming affiliates
• Company’s mission includes providing players with a superior iGaming experience

Mobius Interactive, an online gaming operator with a variety of unique offerings catering to diverse demographic groups, is gearing up for an official launch in early September. In preparation for that milestone moment, the company has released key information about its three distinct brand offerings and a glimpse at what sets the company apart in what is forecast to be a billion-dollar industry in 2021.

Intent on attracting a variety of customer segment and geographies, Mobius has strategically unveiled three diverse brands: Aragon Casino, Club Double and MobiusBet.

• Aragon Casino: Catering to consumers aged 21 to 45 located in Austria, Finland, the Balkans, Canada, Africa and New Zealand, Aragon Casino offers gamers a medieval fantasy experience, with elements hearkening to some of the spaces most memorable offerings, including of The Walking Dead and Game of Thrones.
• Club Double: Targeting the 30-to-65 age demographic living in Austria, India, Brazil, Finland, Canada, Africa and New Zealand, Club Double is designed to exude a classic yet charmed old Hollywood and vintage Miami and Las Vegas look and feel.
• MobiusBet: Aimed at 18- to 38-year-olds in Germany, Austria, Switzerland, Brazil, Latin America, New Zealand and India, the company’s dedicated eSports hub brings together loyalty programs, targeted gamification and product merchandising in one seamless package. MobiusBet caters to the quickly growing eSports segment, which is predicted to reach a value of $1.7 billion by next year.

After decades of working and consulting in the iGaming industry, Mobius Interactive’s expert executive team came together to create a gaming company unlike any other. The company has partnered with more than 600 VIP and master gaming affiliates, who will introduce high-value players to the company’s award-winning iGaming platform. As a clear indication of the company’s drawing power, Mobius added some 150 proven affiliates in Europe, Brazil, Finland and New Zealand in just 20 days; the expectation is that number will only grow exponentially in the days before the company’s upcoming launch.

With a declared mission to offer players a unique iGaming experience, Mobius is committed to providing a superior gamification experience, deep loyalty and the best customer service throughout the player journey. “We are gamers at heart,” the company’s website states. “We love everything about gaming. Be it free to play games and quizzes, esports, betting on sports, casino, virtual horseracing or golf—we play it!” Mobius Interactive certainly appears set to launch in grand fashion in September and looks to have the brands, services and offering to set the space on fire.

Mobius Interactive is an online gaming operator launching in September 2020 with a variety of unique offerings catering to diverse demographic groups. Mobius Interactive’s team has extensive senior-management experience across business-to-consumer (“B2C”) and business-to-business (“B2B”) marketing in the iGaming industry, specializing in eSports, sports betting, casino and live casino. In partnership with leading and award-winning eSports and iGaming platform Ultra Play, Mobius Interactive seeks to attract a network of high-net-worth gamers from around the world through the use of loyalty and gamification programs designed to enhance engagement by leveraging state-of-the-art customer relationship management systems and joint ventures with more than 600 VIP and master-gaming affiliates.

For more information, visit the company’s website at www.MobiusInteractive.Ltd.

NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

• SRAX’s Sequire platform connects public companies with investors using big data analytics
• Sequire’s user base has grown to 91 public companies, one million active investors and traders
• Sequire sales exceeded $2.5 million in Q2 2020, $4 million expected for Q3 2020
• SRAX entered into $13 million definitive securities purchase agreement to fund Sequire’s rapid expansion

It’s no longer a trade secret: Big data analytics are critical for success across almost every industry and particularly important for consumer-focused businesses looking to dial in their marketing efforts. The investment industry is no exception, and Sequire, a data analytics platform powered by SRAX (NASDAQ: SRAX), gives public companies an edge by providing the tools needed to monitor the activities of both retail and institutional investors while providing the critical data needed to successfully activate media campaigns, engaging current shareholders and attracting new investment. Since its 2019 inception, SRAX has grown rapidly, recently passing a significant milestone where its user base exceeded over 1 million active investors and traders across 91 public companies – more than double the 500,000 users boasted by the platform in July (http://ibn.fm/4aq0Q). More users translates into better data: As the user base grows, the data provided to and processed by the platform translates into higher-quality intelligence that users can unlock via the platform’s tools and features. “We are creating a community of public company executives that are taking back their data. For too long these leaders have relied on subpar data to make important capital market decisions,” said SRAX founder and CEO Christopher Miglino (http://ibn.fm/GZOgL). “Our clients have seen notable results from Sequire and our marketing services, and the more companies that join in our mission, the better the platform gets at identifying and securing investors. The retail investor is becoming a bigger part of the cap table and we have mastered the connection between trading platforms such as Robinhood and the public issuer, just as these platforms attempt to become less transparent.” Along with its rapid user adoption, Sequire has seen massive success so far in 2020 with revenue growth of 29% YoY for Q2 2020, fueling the company’s decision to enter into a definitive securities purchase agreement for the purchase and sale of $13 million senior secured convertible debentures intended to fund Sequire’s rapid expansion (http://ibn.fm/mIMF1). “We announced a capital raise of $13 million, which we will use in part to fund the rapid expansion of Sequire,” noted Miglino in recent statements. “Our clients have seen notable results from the platform and its related services. We’ve also seen a significant increase in the number of clients on the platform with Q2 sales hitting over $2.5 million and an additional $3 million in the pipeline, with a very high probability of closing in Q3.” Along with Sequire, SRAX delivers a suite of specialized tools for other industries, delivering a digital competitive advantage for brands in the CPG, luxury goods and lifestyle verticals. As the business landscape becomes increasingly more competitive, SRAX gives businesses a much-needed advantage by providing data analytics solutions that reveal core consumers and their characteristics across various marketing channels. For more information, visit the company’s website at www.SRAX.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX