Peak Insiders File Early Warning Reports

Montreal, Quebec–(Newsfile Corp. – July 29, 2016) – Peak Positioning Technologies Inc. (CSE: PKK) (OTC Pink: PKKFF) (the “Issuer“) wishes to supplement its news release of May 31, 2016 regarding its non-brokered private placement of 199,000,000 units (the “Units“), each consisting of one common share in the capital of the Issuer (a “Common Share“) and one Common Share purchase warrant (a ”Warrant“), at a price of $0.02 per Unit for gross proceeds of $3,980,000 (the “Private Placement“). One of the subscribers under the Private Placement, Mr. Jiang Wang, elected to subscribe as agent in connection with a portion of the Warrants to be issued under the Private Placement and instructed the Issuer, on closing of the first tranche of the Private Placement completed on May 31, 2016, to postpone the issuance of 68,000,000 of the Warrants until a later date.

On June 30, 2016, Mr. Wang instructed the Issuer to issue a portion of the above-noted Warrants to third parties and a portion to himself, as a second tranche closing of the Private Placement (the “Second Tranche“). As part of the Second Tranche, Messrs. Wang and Liang Qiu (the “Insiders“) acquired direct ownership, as principals under those subscriptions, of 20,000,000 Warrants and 32,000,000 Warrants, respectively.

Each Warrant issued under the Second Tranche entitles the holder to acquire one Common Share at an exercise price of $0.05 until June 30, 2018.

Following the closing of the Second Tranche, the Issuer had a total of 406,434,164 Common Shares issued and outstanding.

Mr. Wang acquired direct ownership of 20,000,000 Warrants, representing 4.69% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis. Prior to the issuance of the Warrants, Mr. Wang was deemed to have direct ownership of 200,000,000 Common Shares (including securities convertible into 100,000,000 Common Shares), representing 40.34% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis. Following the issuance of the Warrants, Mr. Wang is deemed to have direct ownership of 220,000,000 Common Shares (including securities convertible into 120,000,000 Common Shares), representing 41.79% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis and a 1.45% increase to Mr. Wang’s deemed securityholding percentage of Common Shares.

Mr. Qiu acquired direct ownership of 32,000,000 Warrants, representing 7.30% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis. Prior to the issuance of the Warrants, Mr. Qiu was deemed to have direct ownership of 54,000,000 Common Shares (including securities convertible into 27,000,000 Common Shares), representing 12.77% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis. Following the issuance of the Warrants, Mr. Qiu is deemed to have direct ownership of 86,000,000 Common Shares (including securities convertible into 59,000,000 Common Shares), representing 18.48% of the Issuer’s issued and outstanding Common Shares on a partially diluted basis and a 5.71% increase to Mr. Qiu’s deemed security holding percentage of Common Shares.

The Warrants were acquired by the Insiders for investment purposes. Depending upon the circumstances, the Insiders may, from time to time, acquire additional securities of the Issuer or dispose of all or a portion of the securities of the Issuer previously acquired.

Early warning reports of the Insiders (the “Early Warning Reports“) containing additional information with respect to the foregoing matters will be filed under the Issuer’s SEDAR profile at www.sedar.com.

Further information or copies of the Early Warning Reports may be obtained by contacting:

Peak Positioning Technologies Inc.
550 Sherbrooke Street West
West Tower, Suite 250-A
Montreal, Quebec H3A 1B9
Contact: Johnson Joseph, CEO
Tel: 514-340-7775
Email: info@peakpositioning.com

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IIROC Trade Halt – NQ Exploration Inc.

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2016) – The following issues have been halted by IIROC:

Company: 

NQ Exploration Inc.

TSX-V Symbol:

NQE

Reason:

Pending Review of Fundamental Acquisition

Halt Time (ET)

16:25

   

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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Data Deposit Box Grows Partner Base, Hires Two New Business Dev Executives

Toronto, Ontario–(Newsfile Corp. – July 29, 2016) – Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) (the “Company“), a global provider of cloud backup and recovery technology, is pleased to announce a significant increase in partner and client accounts and the engagement of two new Business Executive Development heads to lead NAS sales initiative.

Data Deposit Box has focused company growth by working with Managed Service Providers (known as the MSP) and with Managed Service Partners (known as channel partners). Within the first two quarters Data Deposit Box has attended seven (7) channel partner shows within the US and Canada to drive brand awareness and partner subscriptions. Based on the Company’s new targeted approach to the market and in-show success Data Deposit Box has seen a substantial increase in subscriptions in June when compared to the previous month. Our month increase has seen a 340% increase when compared to May and a 200% increase when comparing Q2 against Q1 of 2016.

“Over the past 12 months we have focused our business and product line to address a massive gap in the SMB business continuity market. Although Data Deposit Box has pioneered this industry for over 15 years, the MSP and partner channel is a new opportunity we launched less than 12 months ago.” Says Troy Cheeseman, President of Data Deposit Box. Tim Jewell, Found & CEO of Data Deposit Box adds, “Over the past seven (7) shows we have seen incredible interest in our solution and that was validated by winning four (4) channel awards against some of the biggest Cloud and Storage providers in the industry. We are now beginning to see the results of this recognition with the increase in created partner and client accounts. Our hard work is starting to pay off with this increase and positive growth.”

Data Deposit Box announced a strategic partnership with Berlin based O&O Software GmbH in April to bring the Company’s flagship NAS BMR product to market. The product was launched with an exclusive presale promotional event in May and the Company’s continue to work together to strengthen its product and enhance its features.

“Data Deposit Box is excellently positioned within the market and with new integrated services, easy adoption and implementation to meet the varied data protection needs of SMB and SME businesses worldwide,” said Olaf Kehrer, Managing Director and Co-Founder of O&O Software GmbH. “Managed Service partners and providers alike will be able maximize their margin and reoccurring revenue streams by partnering with DDB. O&O Software GmbH is very pleased to play a role as a key technology partner.”

In addition to the account growth, Data Deposit Box have confirmed the hires of two new Business Development Executives. Commencing in early July, the new Business Development Executives have begun sales onboarding and plan execution for Data Deposit Box products and services. Each new representative is bringing several years of business development experience to the company. Data Deposit Box has also engaged In the Funnel Sales Consulting for development of the Company’s sales strategy and to provide senior sales management leadership and mentoring for the two new roles.

“Data Deposit Box has a perfect data continuity solution for the true Small to Medium Business market. After the first launch of the company’s new products and after the channel partner shows from Q1, both DDB wanted to accelerate their sale and marketing strategy; this is where In the Funnel will help.” Says Mark Cox, Managing Partner at In the Funnel. Tim Jewell states, “Soon after we met Mark from In the Funnel, Troy and I knew we had found the right partner to bolster and accelerate our sales and marketing plans. Mark and his team will provide the senior sales mentoring and guidance required to see success of our enhanced go-to-market strategy.”

About Data Deposit Box

Data Deposit Box, a pioneer of cloud backup and recovery technology, has set a new industry standard by providing the SMB market with the same level of security and protection that is available to large enterprises. Data Deposit Box patented backup technology, known for its Exabyte scalability, advanced data reduction capabilities and ease-of-use, has won prestigious industry awards and has been featured in many key industry publications.

Data Deposit Box technologies and solutions are currently used daily by over 1,000 resellers, 25 MSPs and private label partners for online backup and recovery, archiving, disaster readiness, secure file sharing and remote access.

Investor Inquiries

W. Clark Kent
Corporate Development
Telephone: 647-519-2646
Email: ckent@currentmca.com

This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company‘s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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IIROC Trade Resumption – American Manganese Inc.

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2016) – Trading resumes in:

Company:

American Manganese Inc.

TSX-V Symbol:

AMY

Resumption Time (ET):

08:00, Tuesday August 2, 2016

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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IIROC Trade Resumption – Rye Patch Gold Corp.

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2016) – Trading resumes in:

Company:

Rye Patch Gold Corp.

TSX-V Symbol:

RPM

Resumption Time (ET):

15:00

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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Centurion Closes $783,000 Oversubscribed Private Placement

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2016) – Centurion Minerals Ltd. (TSXV: CTN) (“Centurion”, “the Company”) is pleased to announce that it has closed a second tranche of a non-brokered private placement and issued 4,744,820 Units priced at $0.05 for proceeds of $237,241.00. The previously announced $700,000.00 financing was oversubscribed and the Company raised total proceeds of $783,241.00. Each Unit consists of one common share and one warrant. Each warrant will be exercisable for one common share at $0.10 during the first year or $0.15 during the second year, following the closing. The shares are subject to a four month hold period expiring in November 2016. Finders’ fees of $3,150 and 63,000 broker warrants (having the same terms as the placees) have been paid pursuant to the 2nd tranche closing.

Proceeds from this financing shall be used to complete a geological model and initial resource estimation work on its Argentinean agricultural gypsum project and for general corporate purposes.

ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the exploration and development of gold and agri-mineral projects.

On Behalf of the Board,

“David G. Tafel”
President and CEO

For Further Information:
David Tafel
Director
604-683-1991

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”). All forward looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.

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IIROC Trade Halt – HPQ-Silicon Resources Inc.

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2016) – The following issues have been halted by IIROC:

Company: 

HPQ-Silicon Resources Inc.

TSX-V Symbol:

HPQ

Reason:

At the Request of the Company Pending News

Halt Time (ET)

13:06

   

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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