• Source Digital has worked with numerous Fortune 500 companies to help create a more effective video advertising experience
• Company’s innovative advertising platform is designed to increase customer engagement and ROI
• PowerBand’s cloud-based auto trading platform offers a convenient, efficient and safe option for buyers and dealers to buy, sell, lease and trade vehicles online, eliminating unnecessary middlemen

Through a recently announced partnership, PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) and Source Digital will join forces to promote PowerBand’s innovative auto trading platform that provides car buying and financing trucks with never-seen-before simplicity, speed, and cost-efficiency. The trading platform will be promoted via Source Digital’s unique in-video advertising platform, designed to provide an enhanced viewer experience, help customers improve their return on investment while offering an overall more engaging and enjoyable experience for customers and users.

Source Digital is a pioneer in immersive commerce, essentially revolutionizing video advertising with its platform. The company has made great efforts to transform video advertising considering how disengaged and impatient viewers have become with it. Source spent seven years working on a video advertising system that engages viewers without disrupting their experience. The company has worked with numerous Fortune 500 companies to create a more engaging and effective video advertising experience. Its network can pull targeted content from multiple sources including sports channels and influencers.

“We are happy to announce our partnership with Powerband Solutions,” Source Digital CEO Hank Frecon said, according to a company news release (http://ibn.fm/vtQI3). “We trust that we will bring value to their system and provide a better user experience at the same time.” Under the agreement, Source Digital will enhance PowerBand’s platform by helping create a more engaged experience for viewers. Source’s advertising platform will deliver the entire car loan approval process into consumer videos.

The partnership will help PowerBand Solutions roll out its platform across the United States. The cloud-based auto-transaction platform successfully addresses a growing demand to sell and buy vehicles online to enhance convenience and adhere to the social distancing restrictions enforced by the ongoing pandemic. According to the Digital Commerce 360 Online Vehicle Shopper 2019 survey, 49% of buyers are willing to purchase a new vehicle entirely online, while Frost & Sullivan estimates that consumers will be able to purchase as many as 1.3 million vehicles online annually as soon as 2035 (http://ibn.fm/QCgmZ).

Developed by a team of experienced automotive, technology and finance experts, PowerBand Solutions’ platform was created around the core belief that consumers preferred to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles with never-seen-before simplicity, speed and cost-efficiency from their smart phones or other devices, irrespective of their location.

PowerBand has already successfully launched and conducted “virtual” auctions in the United States together with and D2D Auto Auction LLC. D2D is co-owned by PowerBand and Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport. The highly successful virtual auctions testify to the speed and efficiency of D2D’s unique transaction platform (http://ibn.fm/rTPEW).

The company is working on commercializing its platform to consumers and automotive dealers and to this end, it has secured a commitment of up to $10-million in investment from Texas-based D&P Holdings Inc. – one of the largest administrators of automotive warranty and insurance products in the United States, working with more than 850 dealerships nationwide (http://ibn.fm/ATuWl).

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

• COVID-19 exposed weaknesses in manufacturing, supply chain spaces; 3D printing offers ideal solution
• 3D-metal-printing presents its own mechanical hurdles, including quality issues undetected until postproduction
• SGLB’s patented PrintRite3D(R) software provides solution to costly quality-control challenges that impede manufacture of precision 3D-metal parts

Among the many changes wrought by COVID-19, those within the manufacturing and supply chain sectors will likely be far reaching and long lasting. The epidemic has exposed fundamental weaknesses in the system, some of which may be solved through advanced software and technologies, including 3D metal printing. Sigma Labs Inc. (NASDAQ: SGLB), a leading developer of quality-assurance software in the commercial 3D-metal-printing space, may benefit from the trend.

“3D printing has come a long way in recent years, with manufacturing times improving,” a recent Forbes article reads (http://ibn.fm/OB0WW). “The time it takes to print items depends on both the quality of the printer as well as the complexity of the item being printed. As we enter a new era with COVID-19 continuing to disrupt supply chains and causing shortages of essential medical equipment, the 3D printing community is stepping in to help.”

Another article, published by MarketWatch, makes a similar observation. “Out of necessity, manufacturers in the new normal will build factories much closer to where critical parts are needed, reduce the human workforce, and rely more on software and efficiency technologies like 3D printing,” the article reads (http://ibn.fm/EfzTG). “At the epicenter of this sea of change is Sigma Labs, with its revolutionary patented technology that detects and identifies defects and anomalies in real time during the 3D printing process of metal, paving the way for scalability and economic efficiency.”

Both articles point out that additive manufacturing, or 3D printing, speeds production, allows flexibility, and brings new ideas to market quicker at lower cost. However, the new technology is not perfect. “Commercial 3D metal printing is gaining vital importance in the entire global manufacturing sector – yet the efficiency it yields is not without challenges,” the MarketWatch article notes. “A myriad of variables from machines to materials create production hurdles in metal additive manufacturing.”

Among those problems is the fact that the newly printed parts don’t always meet precise specifications. Previously, 3D-metal-printing manufacturers have had to rely on post-production inspection techniques to detect these imperfections, which are both costly and wasteful, since the problem isn’t discovered until the printing is complete, rendering the part unusable.

“With its patented PrintRite3D(R) software, Sigma Labs presents a solution to the costly quality-control challenges that impede the volume manufacture of precision 3D metal parts,” the article continues. “In doing so, Sigma’s software could easily become indispensable in the global efforts to meet the manufacturing challenges of post COVID. The company’s breakthrough software has the potential to bolster and broaden commercial metal-additive manufacturing by enabling for the first time cost-effective, nondestructive quality assurance during the production process. PrintRite3D(R) is the leading technology in identifying and classifying defects and anomalies in-process and allows for errors to be corrected in real time — even remotely.”

Sigma Labs Inc. is a leading provider of quality-assurance software to the commercial 3D-metal-printing industry under the PrintRite3D brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D for 3D-metal, advanced-manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real time during the manufacturing process and informs the production manager of quality issues. Sigma Labs’ software product is a major catalyst for the acceleration and adoption of 3D metal printing.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

• Video-on-demand (VoD) and streaming services have seen astonishingly high subscriber numbers in 1Q2020
• The Movie Studio has sought to capitalize on rising demand for licensed content by joining online digital marketplace seeking to bring content vendors, distributors together within single platform
• The company revealed that it had already licensed a number of films for territory of Australia within days of joining new platform
• The Movie Studio’s recent licensing efforts as well its vast array of feature films in pre-production put it in good stead to benefit from rapid rise in demand for licensed content

In a recent survey of 2,600 people in the U.S., an astounding 64% of respondents said that they had either severed their ties with their television cable provider or were actively planning to – with the figure rising to 74% within the 18 to 34 age bracket (http://ibn.fm/bHXoK). The ongoing coronavirus pandemic has seen a stark and overwhelming shift by housebound consumers towards streaming video providers, and digital content providers like The Movie Studio Inc. (OTC: MVES) are positioned to capitalize on the shift in consumer demand.

The Movie Studio recently announced its integration with a digital content platform, which seeks to bring together content vendors and distributors into a single digital marketplace. The digital marketplace utilizes smart contracts and blockchain technology to enable its counterparties to transact in a seamless and cohesive manner. Simultaneously, this allows companies to bypass the oft cumbersome and time-consuming process of optioning film rights amongst the vast array of video-on-demand (VoD) platforms prevalent in today’s marketplace.

“We are excited to leverage a digital platform for our current and future aggregated titles and to facilitate title recognition for upcoming movies,” MVES President and CEO Gordon Scott Venters stated in a news release (http://ibn.fm/LeWRi). “This platform allows for geo-fracturing of worldwide distribution rights, isolating our potential revenue streams and allowing for the maximization and monetization of intellectual property rights while the platform eliminates marketing in the physical marketplace, allowing buyers to view our content perpetually in a digital marketplace.”

The VoD market has seen a surge of interest over the past few years, and data released by The Motion Picture Association of America (MPAA) last year revealed that the number of streaming video subscribers had surpassed cable customers for the first time in 2019. The trend has become even more pronounced in 2020, with Netflix announcing that it had added 15.8 million new subscribers in the first quarter of the year – up 23% year-over-year and startlingly, over double the 7 million new subscribers the company had originally forecast (http://ibn.fm/xKRsV). Meanwhile, a recent study carried out by consultancy PwC projected that revenues from digital streaming platforms, also known as over-the-top (OTT) streaming, would rise to over $72.8 billion by 2023 – an annual growth rate of 13.8% (http://ibn.fm/JIcPT). Remarkably, streaming is also set to account for 35.4% of total global TV subscription revenues by 2023, a dramatic increase from the 18.6% share it commanded in 2018.

However, the rapid proliferation of streaming platforms has also led to a sharp increase in demand, and price, for content. While the ongoing and rapid fragmentation of the industry has led to a surge of investment into original programming – Netflix alone is said to direct over 85% of its new content spend towards original and proprietary projects (http://ibn.fm/kTfIF) – PwC found that a remarkable 80% of content viewed within the US was licensed. “While licensed content still attracts many viewers, costs for such content are quickly rising,” concluded Mark McCaffrey, U.S. technology, media, and telecommunications leader at PwC (http://ibn.fm/Fo78k).

The Movie Studio’s unique content library as well as its recent marketing efforts have positioned it well to benefit from the surge of interest in licensed content. On May 22, only days following the company’s integration into the new digital content platform, The Movie Studio revealed that it had licensed a number of its films, including Bad Actress and Exposure, for the territory of Australia (http://ibn.fm/9KuZD). The virtual arms-race for licensed content coupled with the company’s integration into its online digital marketplace has allowed The Movie Studio to accelerate the monetization and revenue stream of its assets whilst simultaneously offering title discovery of feature films in pre-production to a worldwide community of licensors.

The Movie Studio’s efforts, however, have not been limited to its recent successes. In April, the company inked a licensing agreement with FILMHUB, with the latter company charged with distributing the Movie Studio’s extensive film catalog to its broad array of channel partners, including the likes of Amazon and Tubi, among others (http://ibn.fm/7PjQv). With The Movie Studio actively working towards expanding the geographical breadth and scope of its licensing and film library monetization efforts, the company’s recent achievements coupled with its vast array of feature films in pre-production have positioned it optimally to benefit from the breathtaking growth of the online streaming market.

For more information, visit the company’s website at 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

• UUUU has finalized consulting agreements with two rare earth element industry experts
• Constantine Karayannopoulos and Brock O’Kelley will assist Energy Fuels as it focuses on entering rare earth space in the United States
• Energy Fuels seeking to leverage existing U.S. facility to produce high-value rare earth concentrates

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium and the leading conventional producer of vanadium in the United States, has announced that it has finalized agreements with Constantine Karayannopoulos and Brock O’Kelley, two rare earth element (REE) industry experts, to consult with the company in the development and implementation of commercial and technical REE strategies for the new U.S. REE program (http://ibn.fm/TWVaK). The company previously announced that it is entering the U.S. rare earths space by potentially leveraging its existing White Mesa Mill in Utah to produce high-value rare earth concentrates. If successful, the mill would play a critical role in restoring a U.S. rare earths supply chain.

“Energy Fuels is extremely excited to bring Constantine Karayannopoulos and Brock O’Kelley on board to advance our entry into the rare earth space in the U.S.,” UUUU President and CEO Mark S. Chalmers stated in a news release. “Over the past year or so, Energy Fuels has been actively evaluating this rare earth opportunity. We are quickly coming to the conclusion that the White Mesa Mill may be an ideal U.S. facility to process rare earth element ore streams and produce rare earth concentrates. Mr. Karayannopoulos and Mr. O’Kelley will assist Energy Fuels in the commercial and technical aspects of this endeavor.”

A chemical engineer by training with more than 25 years of experience in the rare earth industry, Karayannopoulos currently serves as chairman of Neo Performance Materials, one of the world’s leading producers of rare earth engineered and magnetic materials, with integrated supply chains across the globe. O’Kelley played a critical part in the operation of the Mountain Pass, California, rare earth processing facility for several decades. Both are industry veterans with extensive knowledge of REE processing facility design, start-up, operations and downstream value-added manufacturing of advanced REE products.

The consulting agreements represent Energy Fuel’s commitment to pursue the commercially viable REE production capacity in the United States. UUUU is currently evaluating minor modifications to its licenses and operations designed to enable the processing of uranium- and thorium-bearing rare earth ores at the White Mesa Mill facility in Utah. Removal and recovery of the uranium and thorium from rare earth ores is central to Energy Fuels’ value proposition, as many rare earth separation and recovery facilities are not able to handle uranium or thorium from a technical or regulatory standpoint. While adding this component to its business operations, Energy Fuels intends to continue its focus on uranium mining and production operations, and simply enhancing that production by recovering the contained uranium from REE ores for sale into the nuclear fuel cycle in a manner similar to how China’s rare earth and nuclear fuel industries work together.

“Energy Fuels looks forward to working with these two industry veterans in developing our REE business in the U.S. and in advancing our relationships in this sector,” added Chalmers. “Between Mr. Karayannopoulos, Mr. O’Kelley, and ANSTO of Sydney, Australia, we believe Energy Fuels is truly assembling a topflight team capable of building a successful U.S. REE business.”

Based in Lakewood, Colorado, Energy Fuels holds three of America’s key uranium production centers: the Nichols Ranch (ISR) project in Wyoming, the Alta Mesa ISR Project in Texas and the White Mesa Mill in Utah – the only conventional uranium mill operating in the United States today with a licensed capacity of more than 8 million pounds of U3O8 per year. With an asset portfolio that boasts more uranium production facilities, in-ground resources, production capacity and experienced personnel than any other producer, Energy Fuels is in a unique position to maintain its position as the leading producer of uranium in an era of viable transformation of the U.S. nuclear industry.

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

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

• Restoration industry worth an estimated $210 billion, expected to increase in value with the increasing number of natural disasters
• An average of 15 billion-dollar disasters occurred each year from 2015 through 2018, while the average prior to that was 6.2 events per year
• With more than 40 years of experience, National Storm Recovery is a seasoned provider of storm/disaster recovery services

Recent studies indicate that the restoration industry as a whole is worth an estimated $210 billion (http://ibn.fm/GmgCp) and is expected to only increase in value with the increasing intensity and number of natural disasters. With experts predicting that the disaster recovery and restoration sector will only continue its upward trajectory, National Storm Recovery Inc. (OTC: NSRI) looks to be in an ideal position to ride the wave and benefit from the storm and disaster recovery solutions it provides.

A recently updated CNBC report focusing on the disaster recovery and property restoration noted that about 74% of restoration companies experienced sales growth; the same article (http://ibn.fm/X27N5) stated that “with some predicting wilder weather in the future due to climate change, the horizon [for the industry] looks limitless.”

Costly natural disasters have been proven to be on the uptick. A second CNBC article (http://ibn.fm/zkAG5) reported that “over each of the past three years, an average of 15 billion-dollar disasters have occurred, while the average for 1980-2018 was just 6.2 events per year. The number of billion-dollar disasters is clearly trending upward, writes Adam B. Smith, a climate scientist with the NOAA.”

With more than 40 years of experience, National Storm Recovery is a seasoned provider of storm/disaster recovery services. The company, through its subsidiaries, provides tree services, debris hauling, biomass recycling and mulch manufacturing. NSRI’s satisfied customers come from the governmental, residential and commercial sectors.

Headquartered in Jacksonville, Florida, NSRI and its subsidiaries provide expert and professional tree services, debris hauling, biomass recycling and mulch-manufacturing options to governmental, residential and commercial customers. NSRI’s solutions, provided by its Sustainable Green Team, are rooted in sound principles designed to benefit the environment. NSRI offers the best equipment and time-proven strategies, along with an unwavering commitment to customer service.

The CNBC article noted that “investors may find the disaster-recovery sector highly profitable but hard to break into unless they are franchisees, mostly because there are few publicly traded options.” NSRI may offer an attractive option for investors looking at the promising future of disaster recovery and restoration.

NSRSI’s commitment is to environmentally beneficial solutions to tree and storm-waste disposal (http://ibn.fm/JyHg9). For investors, the company plans to expand its operations through a combination of organic growth, including its partnership with a nationally recognized waste disposal company and via strategic acquisitions. NSRI’s next-level experience with mulch manufacturing, treatment and caring for trees sets it on the right course for sustained growth.

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

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

• Sue Ozdemir has 20-plus years experience in electric motor industry
• CEO focusing on advancing company’s through commercialization with existing strategic partners; also expanding customer base for new opportunities

Canada-based Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), one of the world’s proven leaders in the innovation of electric motors, has seen impressive success since the appointment of new CEO Sue Ozdemir late last year. Recognized as an accomplished executive and industry expert with more than two decades of accomplishments in the electric motor industry, including nine years at General Electric, Ozdemir has identified clear objectives for Exro with actual delivery on five major signed agreements since she joined the company.

Ozdemir was a passionate leader in the C-suite of GE, where she proved to be a leader in the innovation and manufacturing of electric motors. Ozdemir spent nine years at General Electric, serving as both CCO and CEO of GE’s Small Industrial Motors Division, overseeing the division’s North American and international markets, and ultimately building the division into a $160 million enterprise.

Ozdemir was also part of the executive team that managed the sale of the division to Wolong Electric, China’s largest motor manufacturer, in July 2018. After successfully completing the sale, Wolong retained her to lead the company’s GE motor division and drive growth towards becoming the number one motor manufacturer in the world.

In the statement announcing Ozdemir’s appointment, Exro noted that its new CEO would focus her passion on advancing the company’s breakthrough technology to enhance the performance of electric motors and power trains with a rapid commercialization strategy, working with existing strategic partners while expanding the customer base for new opportunities (http://ibn.fm/hdMw4).

In a letter sent to shareholders six months after her appointment (http://ibn.fm/6L1oM), Ozdemir noted that “these past few months have been exciting and rewarding as we have seen many developments as we execute our commercialization phase. The team and I are very excited about our future, and I would like to thank you all for your continued support.” Ozdemir added that her “commitment is to close eight strategic partnerships by the end of 2020.”

Exro has inked five partnerships or agreements in key mobility sectors. These agreements include Motorino Electric Bike, Mexico’s motor producer Potencia, e-boat manufacturer Templar Marine, Finland’s e-snowmachine manufacture Aurora Snowmobile and CleanSeed, which is electrifying heavy farm equipment.

“They demonstrate the scalability and versatility of the Exro technology,” Ozdemir stated. “I am very confident that we will close all eight deals this year. The team is working hard to ensure the agreements are strategic and the best fit for our resources and financing. There are ongoing discussions with customers small and large in a variety of mobility applications. We continue to evaluate customer-provided data, which helps us to determine the best fit for Exro and our partners.”

Upon joining the company, Ozdemir stated the following:“Exro is ready to work with strategic partners to utilize our technology to enhance performance and provide solutions for energy management. Clean energy is important to the future of our world. I believe that we are at the cusp of breakthroughs that will change the way we think about the industry. Energy consumption is sometimes taken for granted, but electricity powers so much of what we do, and it’s important that we continue to support breakthroughs that could improve the world for our future generations.”

Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of electric motors and power trains. Exro’s patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. Exro allows the applications to achieve more while consuming less energy.

The widespread applications of the technology apply to optimizing the performance of all variable torque applications. As a company with exclusive technology that brings lucrative benefits in multiple industries, XRO is an attractive opportunity for investors seeking to leverage groundbreaking technology applied in a high growth market.

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

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

• Demand for video-streaming increased as result of lockdowns connected to COVID-19
• Worldwide box office losses estimated in the billions
• Major studios moving to on-demand movie releases as theatres remain closed
• MVES an established independent movie studio with proven growth strategy, digital revenue model
• VOD one of the only industries experiencing increased demand, expected to reach $120.91 billion by 2025

While government-imposed lockdowns have crippled the film industry, video-streaming services have seen increased demand (http://ibn.fm/GLIlH). The Movie Studio Inc. (OTC: MVES), a vertically integrated motion picture production company, is positioned to benefit from this shift by continuing to acquire, develop, produce and distribute independent motion pictures globally via subscription and advertiser video on demand (SVOD/AVOD), over the top (OTT) platforms, foreign sales and various media devices.

The already-fragile entertainment industry took a substantial hit as a result of the forced closure of theatres, with losses estimated in the billions (http://ibn.fm/0zgIc). Besides the rapidly declining numbers at the box office, blockbuster movies were postponed, production schedules were shifted globally, and related industries took a massive hit as audiences hit zero almost overnight.

With consumers being forced to stay at home, studios may continue to be forced to cancel theatrical releases, premiering content online instead through VoD streaming platforms. Disney (NYSE: DIS) led the trend by releasing Frozen 2 on its Disney+ streaming service three months early (http://ibn.fm/jVR2a), in addition to moving up the digital release of the latest Star Wars episode (http://ibn.fm/IWBZF). Though the pandemic’s fallout seems to spell doom for in-person entertainment options, these major shifts in how consumers access their entertainment are creating substantial opportunities for on-demand service providers.

MVES is positioned to leverage this industry shift through its proven revenue-maximizing growth strategy that leverages technological innovation, allowing the company to easily pivot and adapt to the emerging trends of the industry. Through the use of upgraded 4K resolution, along with the purchase of legacy film libraries and the re-monetizing of VOD streaming platforms, MVES is positioned to cost-effectively produce and distribute content of high visual quality similar to its latest releases currently available on Showtime, Comcast and Amazon Prime.

Powered by a digital business model, the company’s revenue stream includes motion picture aggregation and distribution through a direct server access platform that will distribute content globally using a system based on ‘geo-fractured’ territories. MVES’s app, currently available in the Apple App Store and the Google Play Store, releases parts of a film called ‘MovieSodes’ among its other features. A component of of the company’s innovative recurring revenue strategy, the movie is filmed in parts and then later joined together in post-production to create a final product. Besides streaming content, the app also offers an “audition to submission” feature that lets users submit auditions for roles in upcoming movies, driving user engagement and content promotion.

The trend toward online streaming is far from new as the VoD industry enjoyed significant gains prior to COVID-19 as a result of ‘cord-cutting’ – the global phenomenon of consumers canceling multichannel cable or satellite services in favor of internet competitors, resulting in millions lost in 2019 alone (http://ibn.fm/dsZ4u). The lockdowns and their associated negative economic effects are simply amplifying this trend, making VoD one of the only industries experiencing increased demand during this time with a valuation expected to reach $120.91 billion by 2025 (http://ibn.fm/WjV1F).

As the only major independent studio that manages its own in-house marketing and distribution department, MVES further verifies its revenue model by producing micro-budget motion picture content with substantially high production value through the use of 4K technology. The innovative use of technology fuels MVES’s unique production process, allowing the company to significantly reduce expenses while allowing for a high return on investment with each new release.

Originally founded in 1961 as Destination Television Inc., the company changed its name to The Movie Studio Inc. in 2012. Headquartered in Fort Lauderdale, Florida, MVES is ideally positioned to quickly benefit from the changing landscape of video-based entertainment.

For more information, visit the company’s website at 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

• Industry experts say sales of both new and used vehicles have dropped by more than 50 percent at the end of April 2020 compared to the same time in 2019
• Increasingly motivated to sell, car makers and dealers are offering special deals to entice buyers, including zero-percent financing on multiple models
• PowerBand Solutions’ cloud-based platform helps users get access to such deals online by streamlining vehicle sale interactions among participants and eliminating unnecessary middlemen

With 26 million Americans having lost their jobs in the wake of the coronavirus outbreak and another 25% expecting to lose theirs in the near future, people are hesitant to make or even plan for making major purchases such a new car, but, as Warren Buffett said, “Be greedy when others are fearful and fearful when others are greedy.”

The truth is, there has been no better time to land a deal on a new car than now, according to a MarketWatch report (http://ibn.fm/zpZMB), and PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is there to facilitate any transaction safely and swiftly via its cloud-based auto trading platform, which can be used from smartphones and other digital devices, from any location. That’s good news in the social distancing brought on by the pandemic.

Buying a car may normally includes test drives and multiple trips to the dealership, but social distancing rules imposed by the pandemic have made the customary practices impossible, leaving car makers and dealerships struggling. According to one estimate provided by Cox Automotive, new car sales were down 59 percent year over year and used car sales were down 53 percent at the end of April (http://ibn.fm/u3J0o).

As a result, both auto makers and dealers are very motivated to sell and are already offering special deals and online options to entice buyers. Companies like Chevrolet are offering zero percent financing, which means you’ll only be paying off the principal of a car loan. Hyundai also has a no-interest 84-month offer and deferred payments for four months. Fiat Chrysler Automobiles has a zero percent financing, 84-month offer on some 2019 and 2020 vehicles. Kia has a zero percent financing for 75 months offer on certain models, according to the MarketWatch report. To better understand the significance of these offers, it should be noted that car loan rates were between five and six percent as recently as Q4 2019 (http://ibn.fm/KXFx4).

While many dealerships are open, consumers are beginning to demand more ecommerce options in the name of convenience and in light of the restrictions enforced by the pandemic. Ecommerce is already changing the ways in which manufacturers, dealers, and digital car sellers offer customers new and used cars. The compound annual growth of digital sales was 7.61% from 2015-19 compared to 1.73% for total sales. According to the Digital Commerce 360 Online Vehicle Shopper 2019 survey, 49% of buyers are willing to purchase a new vehicle entirely online, while Frost & Sullivan estimates that consumers will be able to purchase as many as 1.3 million vehicles online annually as soon as 2035 (http://ibn.fm/l7GUo).

PowerBand Solutions’ cloud-based auto transaction platform successfully addresses this growing need to sell and buy vehicles online. Developed by a team of experienced automotive, technology and finance experts, the platform was created around the core belief that consumers preferred to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles with never-seen-before simplicity, speed and cost-efficiency from their smartphones or other devices, irrespective of their location.

The company is working on commercializing its platform to consumers and automotive dealers and to this end, it has secured a more than $2 million investment from Texas-based D&P Holdings Inc. – one of the largest administrators of automotive warranty and insurance products in the United States, working with more than 850 dealerships nationwide (http://ibn.fm/fpVSH).

The company’s cloud-based platform will soon be advertised across the United States via a partnership with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet. This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S. (http://ibn.fm/S686J).

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

• U.S. vehicle sales totaled about $1.1 trillion in 2019
• 49% of consumers state they are willing to purchase a new vehicle online
• PowerBand Solution’s cloud-based platform streamlines vehicle sale interactions among participants and eliminates unnecessary middlemen

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched a new platform in the cloud that lets people buy and sell cars and trucks with never-seen-before simplicity, speed, and cost-efficiency. This breakthrough is in line with the growing trend of ecommerce, which is set to change automotive retailing in a major way.

Vehicle trade may be one of the last sectors to be impacted by ecommerce, but ecommerce definitely won’t pass it by. It is already beginning to change the ways in which manufacturers, dealers, digital car sellers and others sell new and used cars to customers (http://ibn.fm/x8nwS).

Forty-one major car makers sell cars, trucks and sport utility vehicles in the U.S. They do this mainly through a network of approximately 17,000 dealerships, according to the National Dealers Automotive Association. So far, websites have mostly been used as a marketing and sales generation channel to attract car shoppers to the dealership’s physical location, where the shopper buys the vehicle.

But PowerBand has realized this is already changing, as a growing number of consumers are turning towards online and ecommerce options, in the name of convenience and in light of the restrictions enforced by the current pandemic. According to the ‘Digital Commerce 360 Online Vehicle Shopper 2019’ survey, conducted among 1,089 buyers, 49% are willing to purchase a new vehicle entirely online (http://ibn.fm/CrCnZ).

Automotive ecommerce is already a sizable market, generating online sales of approximately $14.6 billion in 2018, and it has plenty of room for growth, having the potential to take up a sizable piece of the total automotive transaction market, which reached $1.1 trillion in 2019, according to the U.S. Department of Commerce (http://ibn.fm/YfUuB). The compound annual growth of digital sales was 7.61% from 2015-19 compared to 1.73% for total sales. What is more, this is only the beginning of the trend to buy vehicles online. According to Frost & Sullivan, consumers may purchase as many as 1.3 million vehicles annually online as soon as 2035.

PowerBand Solutions has been one of the first companies to cater to this growing need to sell and buy vehicles online. Developed by a team of experienced automotive, technology and finance experts, PowerBand’s cloud-based transaction platform was created around the core belief that consumers prefer to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles from their smart phones or other devices, irrespective of their location.

PowerBand has already successfully launched and conducted ‘virtual’ auctions in the United States together with and D2D Auto Auction LLC. D2D is co-owned by PowerBand and Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport. The highly successful virtual auctions, held on April 7th and April 16th, testified to the speed and efficiency of D2D’s unique transaction platform (http://ibn.fm/sDYYv).

The company is now rolling out the platform across the United States, having partnered to this end with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet. This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S. (http://ibn.fm/ixcaO).

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

• Well-positioned to capitalize upon the bullish nature of the gold sector; offers potential for silver as well
• Delivering high-quality, diversified exposure and growth optionality in relation to precious metals
• Capitalizing on strong commodity cycles
• Promoting responsible mining practices and supporting surrounding communities
• Uncovering hidden gems to revitalize America’s past precious metals producers
• Offering potential for additional growth through acquisition of new exploration targets
• Exploring and expanding on the success of the historical mines and prospects underlying the Company’s current agreements
• Leveraging an experienced management team with a strong track record of proven success
• Positioning for further growth and to take advantage of the steady increase in demand for gold

Kingman Minerals Ltd. (TSX.V: KGS), formerly Astorius Resources Ltd., is engaged in the acquisition, exploration and development of gold and silver properties in North America. The Canada-based company is focused on sourcing and developing high-quality properties in favorable mining locations to advance its diverse portfolio of low-cost, lifelong assets.

The Company maintains the following projects:

The Mohave Project: Located in the Music Mountains in Mohave County, Arizona. Approximately 35 miles from the town of Kingman, the property consists of 20 lode claims, including the historic Rosebud Mine. The Company has entered into an option agreement to earn 100% over four years. According to historic mappings of the mine, probable ore is 15,560 tons. Possible (inferred) ore is comprised of 176,000 tons, and additional possible (inferred) ore totals slightly over 1,100,000 tons. The total contained gold ounces for all categories is estimated at 664,000 ounces, and contained silver is estimated at 2,600,000 ounces. The Company has recently completed two underground reconnaissance and sampling programs and is in the process of verifying previous resource estimates.

The Cadillac East Property: Located approximately 55 kilometers east of Val d’Or, a hub for exploration and mining activities in the Canadian province of Quebec. The Company acquired a 100% interest in the property from an arm’s length vendor. Cadillac East Property consists of 12 claims, and the Company has an option agreement to earn 100% over three years. Having been the subject of numerous geophysical and geological surveys, the Cadillac East Property has been explored and surveyed by numerous companies as well as by the Quebec government. Exploration work done in 2017 by Exploration Facilitation Unlimited Inc. revealed multiple potential targets for future investigation, as results from the soil program identified value in gold, silver, copper, zinc and nickel.

Kingman Minerals is focused on enhancing shareholder value as it continues exploring potential assets and acquiring strategic gold targets. The company recently commissioned mining consulting services company Burgex Mining Consultants Inc. to complete two underground gold exploration programs in the historic Rosebud Mine. Burgex specializes in mineral exploration, mining claim staking, landman services, mining consulting, and the access and documentation of abandoned mine sites throughout the western United States and the world. Burgex’s founders have been active in the industry since 2007 and have identified, secured and consulted on hundreds of thousands of acres of mineral properties spanning a wide range of mineral commodities with billions of dollars’ worth of resources and reserves. The Burgex team has been featured in Forbes Magazine as well as on the Discovery Channel and other outlets. Burgex is at the vanguard of industry advancements in safely accessing difficult vertical abandoned mine workings and continues to pioneer new mineral exploration methods with strategic partners throughout the United States and the world.

Gold’s Predicted Rise

The value of gold is currently on an upward climb due to COVID-19’s upending of the global economy, causing governments to expand their balance sheets. In 2019, as a result of the housing and financial crisis, gold saw its best performance since 2010 — increasing as much as 20% and hitting a top price of $1,549 per ounce in September of that year. Analysts predict its price will continue to climb due to strong buying by central banks, a weakening of the U.S. dollar, and increasing political tensions. A recent Wolfe Research report predicted gold would hit an all-time high, referencing an ounce of gold that commanded a $1,515 asking price. As the value of the U.S. dollar weakens, the demand for gold is inversely rising. Known as a safe-haven asset, gold tends to see increased levels of demand during times of consumer fear or recession.

Management

Sandy MacDougall – Chairman and Director
An economics graduate from the University of British Columbia, Sandy MacDougall brings 30+ years of experience in the investment banking and finance industry to KGS. He was instrumental in the acquisition, development and production of gold at the Alto el Toro mine near Ibaguel, Columbia. As a former investment advisor at Canaccord Capital Corp., MacDougall was a key player in multiple significant financings in Canada as well as abroad, working with a wide range of companies. His experience has afforded him critical exposure to precious and base metal projects throughout North and South America, and he has served as chairman of the board since 2016.

Arthur Brown – President and Director
With 36 years of business experience and service to the boards of eight other companies in sectors ranging from technology to oil, gas and mineral exploration, Arthur Brown adds substantial knowledge in corporate structure and development as well as financings and venture capital to the KGS team.

Cyrus Driver – Independent Director
Cyrus Driver was a founding partner in the firm of Driver Anderson from its inception in 1982 and is a chartered accountant as well as a retired partner in the firm of Davidson and Company LLP. Aside from providing general public accounting services to a diverse range of clients, his specialty is servicing TSX Venture-listed companies and members of the brokerage community. With expert knowledge of the securities industry and its regulations, Driver lends valuable advice to his clients regarding finance, taxation and other accounting-related matters. He currently serves as director and chief financial officer of several TSX.V-listed companies.

Dr. Peter Born – Director and Technical Specialist
A professional geologist registered with the Association of Professional Geoscientists of Ontario and a fellow of the Geological Association of Canada, Dr. Peter Born brings 30+ years of experience in exploration and mining to the company. With prior roles as a senior geologist with Western Mining Corporation, he is currently working with RPS Energy Canada Ltd. on natural gas plays related to high-temperature dolomites and sedimentary zinc deposits (MVT) within the Appalachian Basin in the United States. Dr. Born holds a Ph.D. in earth sciences and has expertise in Precambrian sedimentary geology, basin analysis, sedimentology, stratigraphy and sedimentary ore deposits.

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