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Day: March 30, 2022

Christina Lake Cannabis Corp. Closes Redemption of Class B Preferred Shares

VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) — (CSE: CLC) Christina Lake Cannabis Corp. (the “Corporation or “Christina Lake”) announces that further to the press release issued on March 22, 2022, the Corporation has closed the redemption of the class B preferred shares (the “Preferred Shares”) with the holders of the Preferred Shares (the “Preferred Holders”) in accordance with the redemption notice provided on March 21, 2022 (the “Redemption“). In connection with the Redemption, the Preferred Holders, which in aggregate hold 2,000,000 Preferred Shares, have been issued an aggregate: (i) a secured promissory note in the amount of $2,000,000 which will bear interest at a rate of 8% per annum and mature on August 31, 2024; and (ii) 13,000,000 common shares in the capital of the Corporation (each a “Common...

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Prime Mining Financial Results and Update on Exploration

VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the eight months ending December 31, 2021. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico (“Los Reyes” or the “Project”). Prime Chief Executive Officer Daniel Kunz commented, “With $22 million in cash, strong investor support, and an experienced technical and management team, Prime is well positioned to deliver on our planned Phase 2 exploration program at Los Reyes. So far, 30,000 metres (“m”) have already been drilled with 9 drill rigs currently on site. The 8 historical...

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Prairie Provident Resources Announces Fourth Quarter and Year-End 2021 Financial and Operating Results

CALGARY, Alberta, March 29, 2022 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce our operating and financial results for the fourth quarter and year ended 2021. PPR’s audited annual consolidated financial statements (“Annual Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) and annual information form dated March 29, 2022 (“AIF”) are available on our website at www.ppr.ca and filed on SEDAR at www.sedar.com. MESSAGE TO SHAREHOLDERS   Tony Berthelet, President & Chief Executive Officer commented: “2021 saw the Company increase focus to maximizing cash flow from existing assets and unlocking the significant potential of the Michichi asset. Waterflood reserves recognition...

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VitalHub Grows Revenue to $24,664,593 for Fiscal 2021, an increase of 79% from Fiscal 2020

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the year ended December 31, 2021, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. When asked to comment on the results, VitalHub CEO Dan Matlow said, “Throughout Q4 and the entire 2021 fiscal year, the Company has continued to execute on its well-defined strategy, which combines synergistic M&A with organic growth, to scale the Company on an international basis. As a result, quarter over quarter, we have seen positive changes across all key financial metrics used to measure our business. We are excited by the market traction and...

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