Market Newsdesk

High-Grade Silver and Gold Discovered in all Four Target Areas across 3.5 km

VANCOUVER, BC, Dec. 17, 2020 /PRNewswire/ – Summa Silver Corp. (“Summa” or the “Company”) (CSE: SSVR) (OTCQB: SSVRF) (Frankfurt:48X) is pleased to announce additional high-grade silver-gold intersections from the Hughes Property in central Nevada. These results spanning across 3.5 km confirm the considerable geologic potential of the project while the new Ruby Discovery represents a 1.3 km step-out from the historic Tonopah District (see attached figures). 

Key Highlights

Rescue Veins in the Belmont Mine Target Area:

• 6,220 g/t silver equivalent (2,910 g/t Ag and 33.1 g/t Au) over 0.7 m from 397.4 m within
  3,182 g/t silver equivalent (1,495 g/t Ag and 16.9 g/t Au) over 1.4 m from 397.4 m in SUM20-20
• SUM20-20 is an 80 m step-out from SUM20-06 which intersected 3,760 g/t silver equivalent (1,762 g/t Ag and 19.99 g/t Au) over 2.5 m from 347.1 m (see news release dated September 30, 2020)

Ruby Discovery and the potential 1.3 km extension of the Tonopah District:

• 1,597 g/t silver equivalent (790 g/t Ag and 8.07 g/t Au) over 0.5 m from 610.8 m within
  522 g/t silver equivalent (258 g/t Ag and 2.63 g/t Au) over 2.0 m from 610.8 m in SUM20-10
• Six zones of mineralization were intersected in SUM20-10 where the most significant hydrothermal alteration on the property seen to date was also drilled

Murray Target yields high grade mineralization over a large area:

• 1,079 g/t silver equivalent (560 g/t Ag and 5.19 g/t Au) over 0.9 m from 302.8 m in SUM20-17

Mizpah Extension Target shows strong mineralization between Belmont and Ruby:

• 518 g/t silver equivalent (273 g/t Ag and 2.46 g/t Au) over 1.3 m from 340.9 m within
  290 g/t silver equivalent (153 g/t Ag and 1.37 g/t Au) over 4.0 m from 340.2 m in SUM20-09

Drill Program Complete and More Assays Pending: The recently expanded Phase I drill program consisted of 14,460 m in 29 holes drilled in 4 high-priority target areas over a 3.5 km strike-length; Assays remain pending for 14 holes

Phase II Program: A follow-up drill program is planned for 2021 with specific details to be finalized once all assays are received

Note: AgEq based on 100 (Ag):1 (Au), True widths are unknown.

Galen McNamara, CEO, stated: “The completion of the Company’s first drill program represents a significant milestone for all shareholders.  It is now even more apparent that the Tonopah Mining District still hosts significant zones of high-grade silver and gold mineralization. In addition, the importance of drilling such strong mineralization in such an aggressive step-out at the new Ruby Discovery is difficult for me to over emphasize. Further drilling is necessary to determine if the Ruby Discovery is in fact a one-plus kilometer extension of the Tonopah District, or a unique discovery on its own. In any case, we very much look forward to further drilling at the Hughes Property and another busy year in 2021″

Table 1: Assay Results – Belmont Mine Target Area

Table 2: Assay Results – Ruby Discovery and Mizpah Extension Target Area

Table 3: Assay Results – Murray Target Area

AgEq based on 100 (Ag):1 (Au), True widths are not yet known, Reported intervals are based on a 150g/t AgEq cut-off grade.

Table 4: Drillhole Information

Coordinates are NAD27, Zone 11N. SUM20-10 remains cased-off to 462m for re-entry and use as a mother hole for wedged step-outs at the Ruby Discovery

Drill Program Summary

The Phase I drill program was designed to test the lateral and vertical extent of structurally controlled, epithermal-related, high-grade silver and gold mineralization historically mined in the Tonopah District. Based on a pre-drilling compilation of all available historic drill and underground geological, structural and assay data, four priority targets were selected (Belmont, Murray, Mizpah Extension, and Ruby). These targets cover an east-west strike-length of approximately 4 km and were systematically tested in 29 drill holes.

Nineteen holes tested numerous steeply-dipping, west-southwest striking veins and secondary splays in the Belmont target area. At each vein location, a series of holes tested the along-strike and down-dip extensions of mineralization in approximately 50 m centered piece-points along the vein (e.g. Rescue #2 Vein, see attached figures). In most cases, mineralization consists of locally Ag-sulfasalt bearing, banded to brecciated quartz ± adularia veins with associated argillic alteration halos hosted in intermediate to felsic volcanic and volcaniclastic rocks. Vein thickness varied from a few centimeters to a few meters. Assays for 5 holes are reported in Table 1 and 11 holes remain pending from the Belmont target area.

One hole tested the Ruby target located 1.3 km east of the Belmont mine where a broad zone of strong propylitic alteration transitioning to pervasive and intense clay and sericite alteration with local zones of Ag-sulfosalt bearing banded and brecciated quartz ± adularia veins were cut. The orientation of the main alteration zones and associated mineralized veins are interpreted to be steeply-dipping to the north. The lateral extent of mineralization along strike has yet to be tested. Additionally, the hydrothermal alteration intersected in the hole is interpreted to be the strongest and most significant alteration observed on the property to date. The volcanic host rocks are interpreted to be equivalent to the host rocks in the heart of the adjacent historically mined Tonopah District. Assays for the Ruby Discovery are reported in Table 2.

Two holes tested the gently-dipping, east-striking Halifax vein of the Mizpah Extension. Here, several intervals of banded and brecciated quartz ± adularia veins hosted in interpreted splays off the main Halifax vein were intersected in both holes.  Assays for the Mizpah Extension holes are reported in Table 2. 

Seven holes tested the gently-dipping, southwest-striking Murray vein hosted along the regional-scale Tonopah fault at the Murray target. Mineralization here is associated with broad intervals of strong argillic alteration cored by zones of quartz stockwork up to 30 m wide and local Ag-sulfosalt bearing, banded quartz veins.  Assays for 4 holes are reported in Table 3 and assays for 3 holes remain pending from the Murray target.

Remaining assay results from the Phase I program will be reported in a timely manner as they are received and compiled.

Geophysical Survey

A high-resolution, 330-line kilometer drone-based magnetic geophysical survey was also completed. The survey footprint covered the entire Hughes property and consisted of 50 metre spaced north-south lines and 100 metre spaced east-west lines. The data are currently being integrated into the property-scale geological model for the Tonopah district to better inform the structural architecture and district-scale controls on high-grade mineralization. Results from this modelling will be used to prioritise areas for detailed geological and structural mapping as well as to assist drill hole targeting in the prospective, yet un-tested, eastern portion of the property. 

Qualified Person

The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101.

About Summa Silver Corp
Summa Silver Corp is a Canadian junior mineral exploration company. The Company has options to earn 100% interests in the Hughes property located in central Nevada and the Mogollon property located in southwestern New Mexico. The Hughes property is host to the high-grade past-producing Belmont Mine, one of the most prolific silver producers in the United States between 1903 and 1929. The mine has remained inactive since commercial production ceased in 1929 due to heavily depressed metal prices and little to no modern exploration work has ever been completed.

Follow Summa Silver on Twitter: @summasilver

LinkedIn: https://www.linkedin.com/company/summa-silver-corp/

ON BEHALF OF THE BOARD OF DIRECTORS


“Galen McNamara”


Galen McNamara, Chief Executive Officer
[email protected]
www.summasilver.com

Investor Relations Contact:
Kin Communications
Arlen Hansen
604-684-6730
[email protected]

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary note regarding forward-looking statements

This news release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. These forward–looking statements or information relate to, among other things: the exploration and development of the Company’s mineral exploration projects.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the requirement for regulatory approvals; enhanced uncertainty in global financial markets as a result of the current COVID-19 pandemic; unquantifiable risks related to government actions and interventions; stock market volatility; regulatory restrictions; and other related risks and uncertainties.

Forward-looking information are based on management of the parties’ reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.

The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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SOURCE Summa Silver Corp.

CAMBRIDGE, Mass., Dec. 17, 2020 /PRNewswire/ — Akamai (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announced that Telenor Myanmar is using Akamai’s SPS Shield product to help protect subscribers from a host of cyber security threats. Available as Telenor Business Web Shield to Telenor Myanmar Business customers, the service automatically activates defenses against bots, malware, phishing and other types of attacks.

SPS Shield, part of Akamai’s Security and Personalization Services (SPS) portfolio of solutions for internet service providers (ISP) and mobile network operators (MNO), is a cloud-based security service designed for small- and mid-sized -businesses and residential subscribers. It is built as an entry-level, white-label offering for MNOs and ISPs that is extremely simple for them to deploy and onboard subscribers.

“Customer security and safety is a critical pillar of our business and essential to earning and keeping the trust of our subscribers,” said Caroline Yin Yin Htay, Chief Business Officer, Telenor Myanmar. “As the foundation of our Web Shield service, Akamai SPS Shield is a simple solution to the very complex challenge of keeping up with a threat landscape that is perpetually changing and evolving. It works seamlessly for the end user without the need to install software or change hardware, automatically protecting the devices connected to our network.”

SPS Shield runs on Akamai’s pervasive, highly distributed Intelligent Edge Platform. It is based on Akamai DNSi resolver and security infrastructure, which use real-time, AI-driven threat feeds developed by a hundreds-strong team of data scientists and security experts.

“Akamai is offering network operators a way to easily turn on revenue-generating, churn-reducing security capabilities without the need for customer intervention, much less a service call of any sort,” said Sid Pisharoti, Regional Vice President – APJ Media and Carrier, Akamai. “As a cloud-based solution, SPS Shield accelerates time to market and minimizes start-up investment while giving operators complete control over business models, pricing and branding.”

Web Shield is currently available to Telenor Myanmar Business mobile customers. Part of the Telenor Group, one of the world’s major mobile operators, Telenor Myanmar serves 17 million customers across all of the country’s states, regions and territories.

About Akamai
Akamai secures and delivers digital experiences for the world’s largest companies. Akamai’s intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone — and attacks and threats far away. Akamai’s portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring. To learn why the world’s top brands trust Akamai, visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter. You can find our global contact information at www.akamai.com/locations.

Akamai Contacts:
Chris Nicholson 
Media Relations 
+1 617-444-2987 
[email protected]

Tom Barth 
Investor Relations 
+1 617-274-7130 
[email protected]

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SOURCE Akamai Technologies, Inc.

LOS ANGELES, Dec. 17, 2020 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) today released guidance for the fourth quarter and full year 2020 ending December 31, 2020.

Forecasted Fourth Quarter 2020 Results

• Net income guidance range of $109 to $112 million, or $4.15 to $4.27 per diluted share
• Adjusted EBITDA⁽¹⁾ in the range of $175 to $180 million
• Operating adjusted EBITDA⁽²⁾ in the range of $100 to $105 million

Forecasted Full Year 2020 Results

• Net income of $143 to $146 million, or $5.19 to $5.31 per diluted share, up over 75% from FY 2019
• Adjusted EBITDA⁽¹⁾ of $321 to $326 million, up over 55% from FY 2019
• Operating adjusted EBITDA⁽²⁾ of $285 to $290 million, up over 150% from FY 2019

“Our financial forecast for the fourth quarter and full year demonstrate the increasing value of our diversified platform as we continue to optimize our recurring and episodic EBITDA. Our guidance reflects the combined strength of our operating businesses which include our core investment banking, advisory services, retail liquidation, wealth management and principal investments divisions,” said Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial.

“We are providing guidance in connection with recent strategic investments. This includes our investment in Lingo Communications and our recently announced investment in the Justice clothing brand – both of which we expect will result in steady cash flow generation for our platform,” added Riley.

“Our expanding platform capabilities, combined with our balance sheet flexibility, continue to provide compelling, differentiated solutions for our growing client base. We are more excited than ever about these proprietary opportunities, and we look forward to building on this year’s momentum,” said Riley.

Fourth Quarter and Full Year 2020 Guidance

For the fourth quarter of 2020, B. Riley forecasts net income to be in the range of $109 to $112 million, or $4.15 to $4.27 per diluted share. The Company’s guidance for adjusted EBITDA⁽¹⁾ for the quarter is in the range of $175 to $180 million, with operating adjusted EBITDA⁽²⁾ in the range of $100 to $105 million. The Company forecasts investment gains of $80 million for the fourth quarter. The Company’s forecast for investment gains is dependent on financial market conditions for the remainder of the year. Investment gains include trading income and fair value adjustments on loans.

For full year 2020, the Company forecasts net income in the range of $143 to $146 million, or $5.19 to $5.31 per diluted share, with the lower end of the range up over 75% from 2019. Guidance for adjusted EBITDA⁽¹⁾ for the year is forecasted to be in the range of $321 to $326 million, up over 55% from 2019. Operating adjusted EBITDA⁽²⁾ for the full year is expected to be in the range of $285 to $290 million, up over 150% from 2019. The Company estimates investment gains of $44 million for the full year. The Company’s forecast for investment gains for the fourth quarter and full year 2020 is dependent on financial market conditions for the remainder of the year.

Actual results for the fourth quarter and full year of 2020 may differ from these forecasts.

Summary of Recent Strategic Investments

The Company’s above guidance includes the results of the following investments only from the respective date of each such investment in the fourth quarter.

• Justice Brand Investment: The Company recently announced it has acquired significant interest in the Justice clothing brand through an investment in Bluestar Alliance’s purchase from ascena retail group. Results for this investment will be realized in future quarters under the Brands segment, which comprises licensing revenue related to B. Riley’s interest in the intellectual property and related assets of various fashion brands.
• Lingo Recapitalization: B. Riley Principal Investments acquired the outstanding debt of Lingo Communications (“Lingo”), converting a portion of that debt into a 40% equity ownership held by B. Riley. The first tranche of the transaction closed on November 30, 2020. The second tranche, under which B. Riley can convert additional debt for an additional 40% equity ownership stake, is expected to close in 2021, subject to receiving customary regulatory approvals. Lingo is a global Cloud/UC and managed service provider to small- and medium-sized businesses, and carrier and consumer markets around the globe. The Lingo investment aligns with the Company’s telecom and cloud vertical principal investment companies, magicJack and United Online. Lingo’s debt restructuring supports the acceleration of its strategy in the business and carrier markets, while also utilizing the Company’s financial and operational expertise to generate cash flow for the B. Riley platform. As part of the transaction, Lingo has also granted B. Riley representation on its Board.

About B. Riley Financial, Inc. (NASDAQ: RILY)

B. Riley Financial, Inc. provides collaborative financial services solutions tailored to fit the capital raising, business, operational, and financial advisory needs of its clients and partners. B. Riley operates through several subsidiaries which offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, corporate advisory, restructuring, due diligence, forensic accounting, litigation support, appraisal and valuation, and auction and liquidation services. Certain registered affiliates of B. Riley originate and underwrite senior secured loans for asset-rich companies. B. Riley also makes proprietary investments in companies and assets with attractive return profiles. For the latest Company news and developments, follow B. Riley on Twitter @BRileyFinancial and on LinkedIn. For more information about B. Riley and our affiliated companies, visit our website at www.brileyfin.com.

Footnotes (See “Note Regarding Use of Non-GAAP Financial Measures” for further discussion of these non-GAAP terms.)

(1) Adjusted EBITDA includes earnings before interest, taxes, depreciation, amortization, restructuring costs, share-based payments, impairment of tradenames, and transaction related and other costs. For a definition of adjusted EBITDA and a reconciliation to GAAP financial measures, please see the Appendix.

(2) Operating adjusted EBITDA is defined as adjusted EBITDA excluding trading income (losses) and fair value adjustments on loans and other investment related expenses.

Forward-Looking Statements

Statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date of this press release. Such forward looking statements include, but are not limited to, statements regarding the Company’s anticipated results of operations for 2020, as well as statements regarding our excitement and the expected growth of our business segments. Factors that could cause such actual results to differ materially from those contemplated or implied by such forward-looking statements include, without limitation, the risks associated with the unpredictable and ongoing impact of the COVID-19 pandemic and other risks described from time to time in B. Riley Financial, Inc.’s periodic filings with the SEC, including, without limitation, the risks described in B. Riley Financial, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and B. Riley Financial, Inc. undertakes no duty to update this information.

Note Regarding Use of Non-GAAP Financial Measures

Certain of the information set forth herein, including operating revenue, adjusted EBITDA, operating adjusted EBITDA, and investment adjusted EBITDA may be considered non-GAAP financial measures. B. Riley Financial believes this information is useful to investors because it provides a basis for measuring the Company’s available capital resources, the operating performance of its business and its revenues and cash flow, (i) excluding in the case of operating revenues, trading income (losses) and fair value adjustments on loans, (ii) excluding in the case of adjusted EBITDA , net interest expense, provisions for or benefit from income taxes, depreciation, amortization, fair value adjustment, restructuring costs, impairment of trade names, stock-based compensation and transaction and other expenses, (iii) excluding in the case of operating adjusted EBITDA, aforementioned adjustments for adjusted EBITDA, trading income (losses) and fair value adjustments on loans, and other investment related expenses, and (iv) in the case of investment adjusted EBITDA this includes trading income (losses) and fair value adjustments on loans, net of other investment related expenses, that would normally be included in the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles (“GAAP”). In addition, the Company’s management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating the Company’s operating performance, capital resources and cash flow. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-financial measures as reported by the Company may not be comparable to similarly titled amounts reported by other companies.

Contacts

Investor Relations
B. Riley Financial
[email protected] 
(818) 746-9310

Media Relations

Jo Anne McCusker

[email protected] 
(646) 885-5425

 

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SOURCE B. Riley Financial

TSX: GPR  | NYSE American: GPL

VANCOUVER, BC, Dec. 17, 2020 /PRNewswire/ – Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) (“Great Panther” or the “Company”) has re-started operations at Topia following a voluntary suspension last month to prioritize the health of its workforce and local community and limit the spread of COVID-19.

All employees and contractors have attended safety induction and enhanced COVID-19 protocol training. Mining resumed on December 17 and the plant is expected to begin processing ore on December 21.

Testing and tracing of COVID-19 are part of the comprehensive protocols Great Panther has implemented across all of its operations in response to the pandemic. The Company will continue working closely with local government and regional health authorities to ensure continued safe operations.

The suspension of operations lasted approximately 30 days and is not expected to impact Great Panther’s ability to achieve consolidated 2020 production guidance. For the three months ended September 30, 2020, Topia produced an average of approximately 1,400 gold equivalent ounces per month and accounted for approximately 9% of the Company’s revenues.

Great Panther reaffirms its commitment to the safety of its people and the communities in which it operates.

ABOUT GREAT PANTHER

Great Panther is a growing gold and silver producer focused on the Americas. The Company owns a diversified portfolio of assets in Brazil, Mexico and Peru that includes three operating gold and silver mines, four exploration projects, and an advanced development project. Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio. Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of Canadian securities laws (together, “forward-looking statements”). Such forward-looking statements may include, but are not limited to, statements regarding developments related to COVID-19, including the Company’s plans to restart operations at its Topia mine and commence ore processing, expectation that the suspension of the mine operations at Topia will not materially impact the Company’s ability to achieve consolidated production guidance and expectations around the potential cases of COVID-19 at the Company’s mining operations in Topia and in the community and whether we will be successful and able to continue with our efforts to protect our personnel, communities and others in respect of our business. These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include the assumption that the Company’s restart of operations at Topia and work with local government and regional health authorities will be successful at limiting the spread of COVID-19, that the Company will be able to safely resume and ramp-up its operations without significantly impacting the Company’s production and cost guidance and ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to: the impact of COVID–19 on the Company’s ability to restart or ramp-up its operations and commence ore processing at Topia and the related impact of the suspension which has  adversely impact the Company’s anticipated revenues and may impact the ability to meet the Company’s production and cost guidance for Topia and the consolidated production guidance for the Company’s operations; the Company may experience delays in the restart or ramp-up of operations at Topia as a result of COVID-19, including shortages of employees and unavailability of contractors and subcontractors, interruption of supplies and the provision of services from third parties upon which the Company relies, equipment failures and restrictions that governments may impose to address the COVID-19 outbreak; there may be an increase in COVID-19 infection amongst the Company’s employees, contractors and the community, even with the adoption of the suspension and added safety protocols and safeguards, including risk of loss of life; potential political and social risks involving Great Panther’s operations in a foreign jurisdiction; the potential for unexpected costs and expenses or overruns; employee and contractor relations may be adversely impacted; relationships with, and claims by, local communities may be adversely impacted; the Company may experience changes in laws, regulations and government practices in the jurisdictions in which the Company operates, including additional environmental, healthy and safety laws; ability to maintain and renew agreements with local communities to support continued operations; and other risks and uncertainties, including those described in respect of Great Panther, in its annual information form for the year ended December 31, 2019, and material change reports filed with the Canadian Securities Administrators available at www.sedar.com and reports on Form 40-F and Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov.

There is no assurance these forward-looking statements will prove accurate or that actual results will not vary materially from these forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward-looking statements and information are designed to help readers understand management’s current views of the Company’s near- and longer-term prospects and may not be appropriate for other purposes. The Company does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.

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SOURCE Great Panther Mining Limited

PROVO, Utah, Dec. 17, 2020 /PRNewswire/ — Nu Skin was recognized with multiple awards by the U.S. Direct Selling Association (DSA) this week at the 2020 DSA Virtual Awards Ceremony. The company’s sustainability efforts won in the Vision for Tomorrow category, and its Velocity sales performance plan won in the Excellence in Business category. Nu Skin was also recognized as part of the DSA Top 25, noting the 25 largest DSA member companies.

The annual DSA Awards recognize the exceptional programs that direct selling companies have incorporated into their business practices. Finalists were selected by a committee, and the winners were voted on by more than 1,800 individuals within DSA member companies.

“We are honored to be recognized by the DSA for our efforts in sustainability as well as our sales performance plan,” says Ryan Napierski, president. “Nu Skin is committed to embracing sustainable practices today that will enhance a more resource rich tomorrow. We also strive to be bold innovators in every corner of our business, and we’re proud to see that innovation integrated within our sales performance programs.”

Nu Skin’s sustainability commitments focus on improvements in three key, impact areas: people, planet and product. These improvements include assessing environmental impact scores, building a global network of zero-waste facilities, and investing in communities and people that are providing essential resources for our planet. The Velocity by Nu Skin sales performance plan offers fast rewards (daily and weekly pay) and empowers sales leaders with the opportunity to build their own business in a flexible, fulfilling way.

About Nu Skin
Founded more than 35 years ago, Nu Skin develops and distributes innovative consumer products, offering a comprehensive line of premium-quality beauty and wellness solutions. The company builds upon its scientific expertise in both skin care and nutrition to continually develop innovative product brands that include the Nu Skin® personal care brand, the Pharmanex® nutrition brand, and most recently, the ageLOC® anti-aging brand. The ageLOC brand has generated a loyal following for such products as the ageLOC LumiSpa skin cleansing and treatment device, ageLOC Youth nutritional supplement, the ageLOC Me® customized skin care system, as well as the ageLOC TR90® weight management and body shaping system. Nu Skin sells its products through a global network of sales leaders in Asia, the Americas, Europe, Africa and the Pacific. As a long-standing member of direct selling associations globally, Nu Skin is committed to the industry’s consumer guidelines that protect and support those who sell and purchase its products through the direct selling channel. Nu Skin International is a wholly owned subsidiary of Nu Skin Enterprises, Inc., which is traded on the New York Stock Exchange under the symbol (NYSE: NUS). More information is available at nuskin.com.

 

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SOURCE Nu Skin