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Day: December 31, 2019

Fura Completes Acquisition of Australian Sapphire Mining Project

TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA) (OTC: FUGMF) (FRA: BJ43), a new gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce that on December 31, 2019 it successfully completed the Company’s previously announced acquisition of 100% interests in two mining permits (EPM 25973 and EPM 25978) and three mining licences (ML 70419, ML 70447 and ML 70451) (the permits and the licences are collectively referred to herein as the “Licences”) for a sapphire mining project in Queensland, Australia (the “Acquisition”). The Acquisition is described in more detail below and in the Company’s press releases dated June 27, 2019, July 22,...

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Friendable Signs Amendment to Its Debt Restructuring Agreement

CAMPBELL, CA, Dec. 31, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Friendable, Inc. (OTC PINK: FDBL) today announced that it has entered into an amendment to the debt restructuring agreement, specifying the dates upon which the debt holders can reset their conversions. The amendment also confirms that the Company has achieved all milestones for the closing of the debt restructure agreement, as of November 5, 2019. The amendment provides the Company with additional time to build value, prior to any conversion reset being completed.Currently, the debt holders are able to exchange their debt for shares of the Company’s common stock at approximately $1.00 per share. Prior to the amendment, the debt holders would have been able to adjust the conversion price on December 26, 2019 and April 24, 2020. Pursuant to the amendment,...

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Enthusiast Gaming Provides Update on Recent Marketing Activity

TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (OTCQB: ENGMF) commenced trading on the OTCQB Venture Market (“OTC”) on December 13, 2019 and has been requested by the OTC to comment on recent marketing activity concerning its common shares traded on the OTC marketplace.As disclosed in a press release on December 2, 2019, Enthusiast Gaming engaged Native Ads, Inc. (“Native Ads”) to provide strategic digital media and programmatic advertising to help build brand awareness for Enthusiast Gaming and to gain valuable data, insight and lead generation. As explained in that press release, Enthusiast Gaming also paid Native Ads for the creation and distribution of certain marketing materials which were published on December...

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Pistol Bay Decides Not to Proceed With Pakwash South

VANCOUVER, British Columbia, Dec. 31, 2019 (GLOBE NEWSWIRE) — Pistol Bay Mining Inc. (TSX-V – PST; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) reports that it will not be proceeding with the 100% option on the Pakwash South property ( See NR July 29, 2019).Charles Desjardins, President & CEO of Pistol Bay stated, “The Company is excited about the additional prospects for gold in the vicinity of the recent Great Bear Resources discovery and have decided to concentrate its efforts in the New Year to its Pakwash North and Pakwash East properties.”The Pakwash East block comprises of 35 cells, with an area of approximately 716 hectares (1,760 acres). It is 12.5 kilometres southeast of Great Bear Resources Dixie Ltd’s property. It adjoins a 9,650-hectare...

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Reservoir Capital Corp. Receives further Dividend from Investment

VANCOUVER, British Columbia, Dec. 31, 2019 (GLOBE NEWSWIRE) — (CSE: REO) – Reservoir Capital Corp. (CSE: REO) (“REO” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Kainji Power Holding Limited (“KPHL“) has received another interim dividend in respect of its investment in Mainstream Energy Solutions Limited (“MESL”) of US$420,000, bringing the total dividend income of KPHL from MESL since REO made its first investment in KPHL in September 2018 to $1,861,126.50.About KPHLKPHL is a single-purpose entity, 100% owned by REO since October 2019, that now holds two private equity stakes giving REO approximately 42.7MW of net operating capacity in quality hydropower assets:a minority interest in MESL, the concessionaire of two leading Nigerian hydro power plants...

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Amilot Capital Inc. Announces Amendment to Debentures

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO U.S. NEWS WIRE SERVICESTORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Amilot Capital Inc. (TSX-V: TOM) (the “Company” or “Amilot”), announced today that it amended the terms of the 18% secured debentures that were issued on October 25, 2013 (the “Debentures”) in the aggregate principal amount of $500,000.The amendment of the Debentures extends the maturity date of the Debentures from December 31, 2019 to December 31, 2020.About AmilotAmilot is a gold exploration and development company with contractual interests in gold properties in Colombia. Amilot’s mineral properties are the Ancal/Marmato Project, located in the Marmato/Caramanta district in the Caldas and Antioquia Departments of Colombia, and the Nortol project, including...

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Local charities are the winners this holiday season thanks to donations through Monarch Casino Resort Spa

Black Hawk, Colo, Dec. 31, 2019 (GLOBE NEWSWIRE) — Generous gamblers at Monarch Casino Resort Spa donated a total of $1,926.40 to local and national charities during 2019 thanks to donation modules that make it easy. Monarch Casino is a long-time supporter of the American Cancer Society of Colorado, which received $450.21. Several additional local and national charities received a total of $1,476.19. “The community supports us in such a fantastic way and we are honored to help give back through wonderful non-profits helping people and changing lives around the state,” said David Farahi, Chief Operating Officer of Monarch Casino Resort Spa. So, how do the donations work? If you win $299.68 on a slot machine, you can donate the 68 cents from your winnings to any of the eligible charities. Slot machine manufacturing...

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First Community Bankshares, Inc. Completes Acquisition of Highlands Bankshares, Inc.

BLUEFIELD, Va., Dec. 31, 2019 (GLOBE NEWSWIRE) — First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) is pleased to announce completion of its merger with Highlands Bankshares, Inc., effective after the close of business on December 31, 2019. Immediately following the merger, Highlands Union Bank, the wholly-owned banking subsidiary of Highlands, merged with and into First Community Bank, the wholly-owned banking subsidiary of First Community. With the merger, First Community significantly expands its existing community banking relationships, customer service locations, and network of local banking professionals in southwestern Virginia, northwestern North Carolina, and eastern Tennessee.The acquired Highlands locations will open as First Community Bank branches the morning of January 2, 2020. Although...

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Sutter Rock Capital Corp. Announces Additional Adjustment to Conversion Rate for Convertible Notes

SAN FRANCISCO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Sutter Rock Capital Corp. (“Sutter Rock” or the “Company”) (Nasdaq:SSSS) today announced an adjustment to the conversion rate of its 4.75% Convertible Senior Notes due 2023 (the “Notes”) as a result of the Company’s cash dividend payable on January 15, 2020.Effective as of December 31, 2019, the conversion price applicable to the Notes has been adjusted to $10.21 per share (97.9448 shares of the Company’s common stock per $1,000 principal amount of Notes) from the most recent conversion price of $10.39  per share (96.2265 shares of the Company’s common stock per $1,000 principal amount of Notes), which has been in effect since December 2, 2019.  The adjustment to the conversion rate...

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Murphy USA Schedules Fourth Quarter 2019 Results Conference Call

EL DORADO, Ark., Dec. 31, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) will release preliminary fourth quarter 2019 earnings results after the market close on Wednesday, January 29, 2020, followed by a conference call at 10:00 a.m. CT on Thursday, January 30, 2020. Interested parties may participate by dialing 1-844-613-1037 and referencing conference ID number 5672799. The call can also be accessed via webcast through the Investor Relations section of Murphy USA’s website at http://ir.corporate.murphyusa.com. The webcast will be available for replay one hour after the conference concludes and a transcript will be made available shortly thereafter.About Murphy USAMurphy USA (NYSE:MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,479 stations located primarily in the Southwest, Southeast...

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