ClearCorrect Scores Another Victory With the Federal Circuit

ROUND ROCK, TX—(Marketwired – March 31, 2016) –
 
ClearCorrect, LLC, a leading U.S. manufacturer of clear aligners, is pleased to announce that the United States Court of Appeals for the Federal Circuit today denied the petitions for rehearing en banc that were filed by the International Trade Commission (ITC) and Align Technology, Inc. in case number 2014–1527. This is another U.S. court decision in favor of ClearCorrect, supporting the company's position that its clear aligner product complies with legal standards and does not infringe Align's patents.

The ITC or Align Technology may ask the United States Supreme Court to review the case, but such a review is unlikely to occur under the present circumstances. Last November, the U.S. Appeals Court ruled in favor of ClearCorrect, ruling that the ITC was without jurisdiction to regulate electronic transmission of data and today's reaffirmation of that decision is a victory not only for ClearCorrect, but the entire orthodontic industry.

“Denial of these petitions solidifies our victory in both actions we faced in the ITC,” said Jarrett Pumphrey, ClearCorrect's CEO. “Based on the Federal Circuit's ruling last November, we expected today's outcome and are pleased that we will have no liability from either of these cases,” he added.

“Today's result, coupled with last year's settlement of a civil action with Align where both parties agreed to dismiss their claims, means that three–quarters of the litigation Align initiated against ClearCorrect has now been resolved,” said Michael D. Myers, ClearCorrect's attorney in the case and a partner with the Houston, Texas law firm McClanahan Myers Espey, LLP.

Align's final remaining lawsuit against ClearCorrect is a patent infringement case in a Texas federal court that had been stayed pending the resolution of the ITC actions. In anticipation of this case, ClearCorrect initiated reexaminations with the United States Patent and Trademark Office (USPTO) of 6 of the 9 Align patents asserted in the suit. The USPTO has the jurisdiction and authority to judge the validity of patents. Those key patents are now at risk of being cancelled, as thus far, the USPTO has indicated agreement with ClearCorrect's position that all 75 claims of the patents in question are invalid.

“Unless and until all the claims against the company are dropped or resolved, ClearCorrect must continue to defend itself. And those defensive efforts are progressing quite well,” Myers said.

About ClearCorrect, LLC

ClearCorrect works with more than 20,000 doctors making it a leading manufacturer of clear aligner orthodontic products used to discreetly correct malocclusion in adults and teenagers. ClearCorrect offers a more affordable and doctor–friendly approach to clear aligner orthodontics, including a phase–based system that enhances flexibility and control for doctors. Founded in 2006, ClearCorrect designs, manufactures, and supports its products out of its facility in Round Rock, Texas. For more information, visit clearcorrect.com or call (888) 331–3323.

Sarama Resources Announces Filing of NI 43-101 Technical Report for Mineral Resource Update at the South Hounde Project, Burkina Faso

VANCOUVER, BC—(Marketwired – March 31, 2016) – Sarama Resources Ltd (“Sarama” or the “Company“) (TSX VENTURE: SWA) has filed on SEDAR a National Instrument 43–101 technical report in support of the Company's February 8, 2016 news release which announced an increase in the Company's resource estimate for the South Houndé Project (“Resource Estimate“) in south–west Burkina Faso.

Cube Consulting Pty Ltd, Orway Mineral Consultants Pty Ltd and Kappes, Cassiday & Associates Australia Pty Ltd prepared the technical report titled “NI 43–101 Independent Technical Report, South Houndé Project, Bougouriba and Ioba Provinces, Burkina Faso“, dated March 29, 2016. The technical report is available under the Company's profile on SEDAR at www.sedar.com. There are no material differences in the technical information contained in the technical report compared to the disclosure in the February 8, 2016 news release.

The new Resource Estimate is 43Mt @ 1.5g/t Au for 2.1Moz of contained gold (in the inferred mineral resource category), including 13.5Mt @ 1.2g/t Au of oxide material for 0.5Moz contained gold (in the inferred mineral resource category) (see Table 1). The Resource Estimate also includes 12.1 Mt @ 2.7 g/t Au7
for 1.1 Moz of contained gold (in the inferred mineral resource category), reflecting higher grade shoots within the mineralised system.


Table 1 – Inferred Mineral Resource



1,2

Depth Below
Surface


3,4
  Material 
Type


5
  Reporting 
Cut–off
Grade


6
  Tonnage Above

Cut–off Grade
  Average Grade
Above Cut–off
Grade
  Contained Gold
Above Cut–off
Grade
  Metal 
Contribution
        g/t Au   Mt   g/t Au   koz Au    
                         
0–200m   Oxide   0.3   13.5   1.2   498   24%
    Transition   0.8   2.5   1.4   113   5%
    Fresh   0.8   25.0   1.5   1,237   59%
                         
    Sub–total       41.0   1.4   1,849   88%
                         
                         
>200m   Fresh   2.2   2.0   3.9   250   12%
                         
                         
Total Mineral 
Resource
          43.0   1.5   2,099   100%
                         
1. Mineral resources are not mineral reserves and do not demonstrate economic viability.
2. All tonnage, grade and ounces have been rounded and minor discrepancies in additive totals may occur.
3. Depth below surface classification used as a guide to assess the modelled mineralisation for likelihood of reasonable prospects of eventual economic extraction and is not supported by a preliminary economic assessment or a feasibility study. The classification does not imply that mineral resources demonstrate economic viability.
4. Mineral resources reported above and below 140mRL, corresponding to a depth of approximately 200m below surface.
5. Weathering classification is based on visual assessment of drill core and cuttings by geologists and does not represent a definitive geo–metallurgical classification.
6. Cut–off grades were determined using a gold price of US$1500/oz, metallurgical recoveries supported by testwork and based on oxide material being processed by heap leach flowsheet and fresh and transition material being processed by a flotation+BIOX®+CIL flowsheet.
7. Inferred mineral resources of 12.1 Mt @ 2.7 g/t Au for 1.1 Moz Au reported above 1.6 g/t Au.


ABOUT SARAMA RESOURCES LTD

Sarama Resources Ltd (TSX VENTURE: SWA) is a West African focused gold explorer with substantial landholdings in Burkina Faso.

Sarama's flagship properties are situated within the Company's South Houndé Project area in south–west Burkina Faso. Located within the prolific Houndé greenstone belt, Sarama's exploration programs have built on significant early success to deliver an inferred mineral resource estimate of 2.1 Moz gold1,2. Acacia Mining plc is earning up to a 70% interest in the South Houndé Project by satisfying certain conditions, including funding earn–in expenditures of up to US$14 million, over a 4–year earn–in period and may acquire an additional 5% interest, for an aggregate 75% interest in the Project, upon declaration of a minimum mineral reserve of 1.6 million ounces of gold. Sarama is focused on consolidating under–explored landholdings in Burkina Faso and other established mining jurisdictions.

Sarama holds a 35% participating interest in the Karankasso Project Joint Venture (“JV“) which is situated adjacent to the Company's South Houndé Project in Burkina Faso and is a JV between Sarama and Savary Gold Corp. (“Savary“). Savary is the operator of the JV and in October 2015, declared a maiden inferred mineral resource estimate of 671,000 ounces of contained gold3,4 at the Karankasso Project JV.

Incorporated in 2010, the Company's Board and management team have a proven track record in Africa and a strong history in the discovery and development of large–scale gold deposits. Sarama is well positioned to build on its current success with a sound exploration strategy across its property portfolio.

1. 43.0 Mt @ 1.5 g/t Au (reported above cut–off grades ranging 0.3–2.2 g/t Au, reflecting the mining methods and processing flowsheets assumed to assess the liklihood of the inferred mineral resources having reasonable prospects for eventual economic extraction)

2. The effective date of the Company's inferred mineral resource estimate is February 4, 2016. 

3. 9.2 Mt @ 2.3 g/t Au (at a 0.5 g/t Au cut–off)

4. The effective date of the Karankasso Project JV mineral resource estimate is October 7, 2015. For further information regarding the mineral resource estimate please refer to the technical report titled “Technical Report and Resource Estimate on the Karankasso Project, Burkina Faso”, dated October 7, 2015. The technical report is available under the Savary Gold Corp's profile on SEDAR at www.sedar.com


CAUTION REGARDING FORWARD LOOKING INFORMATION

Information in this news release that is not a statement of historical fact constitutes forward–looking information. Such forward–looking information includes, but it not limited to, statements regarding the Company's strategies and the earn–in by Acacia Mining plc into the South Houndé Project. Actual results, performance or achievements of the Company may vary from the results suggested by such forward–looking statements due to known and unknown risks, uncertainties and other factors. Such factors include, among others, that the business of exploration for gold and other precious minerals involves a high degree of risk and is highly speculative in nature; mineral resources are not mineral reserves, they do not have demonstrated economic viability, and there is no certainty that they can be upgraded to mineral reserves through continued exploration; few properties that are explored are ultimately developed into producing mines; geological factors; the actual results of current and future exploration; changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's publicly filed documents.

There can be no assurance that Acacia Mining plc will complete its earn–in as indicated, that any mineralisation that is discovered will be proven to be economic, or that future required regulatory licensing or approvals will be obtained. However, the Company believes that the assumptions and expectations reflected in the forward–looking information are reasonable. Assumptions have been made regarding, among other things, the Company's ability to carry on its exploration activities, the sufficiency of funding, the timely receipt of required approvals, the price of gold and other precious metals, that the Company will not be affected by adverse political events, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain further financing as and when required and on reasonable terms. Readers should not place undue reliance on forward–looking information.

Sarama does not undertake to update any forward–looking information, except as required by applicable laws.

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


QUALIFIED PERSONS' STATEMENT

Scientific or technical information in this news release that relates to the preparation of the Company's mineral resource estimate is based on information compiled or approved by Adrian Shepherd. Adrian Shepherd is an employee of Cube Consulting Pty Ltd and is considered to be independent of Sarama Resources Ltd. Adrian Shepherd is a Chartered Professional Member in good standing of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the commodity, style of mineralisation under consideration and activity which he is undertaking to qualify as a Qualified Person under National Instrument 43–101. Adrian Shepherd consents to the inclusion in this news release of the information, in the form and context in which it appears.

Scientific or technical information in this news release that relates to heap leach focused metallurgical testwork and mineral processing is based on information compiled or approved by Randall Pyper. Randall Pyper is an employee of Kappes, Cassiday & Associates Australia Pty Ltd and is considered to be independent of Sarama Resources Ltd. Randall Pyper is a Fellow in good standing of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the commodity, style of mineralisation under consideration and activity which he is undertaking to qualify as a Qualified Person under National Instrument 43–101. Randall Pyper consents to the inclusion in this news release of the information, in the form and context in which it appears.

Scientific or technical information in this news release that relates to tank–based and oxidative metallurgical testwork and mineral processing is based on information compiled or approved by Fred Kock. Fred Kock is an employee of Orway Mineral Consultants Pty Ltd and is considered to be independent of Sarama Resources Ltd. Fred Kock is a Fellow in good standing of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the commodity, style of mineralisation under consideration and activity which he is undertaking to qualify as a Qualified Person under National Instrument 43–101. Fred Kock consents to the inclusion in this news release of the information, in the form and context in which it appears.

Scientific or technical information in this news release that relates to the preparation of the Karankasso Project's mineral resource estimate is based on information compiled or approved by Eugene Puritch and Antoine Yassa. Eugene Puritch and Antoine Yassa are employees of P&E Mining Consultants Inc. and are considered to be independent of Savary Gold Corp. and Sarama Resources Ltd. Antoine Yassa is a member in good standing of the Ordre des Géologues du Québec and Eugene Puritch is a member in good standing of Professional Engineers Ontario. Eugene Puritch and Antoine Yassa have sufficient experience which is relevant to the commodity, style of mineralisation under consideration and activity which they are undertaking to qualify as a Qualified Person under National Instrument 43–101. Eugene Puritch and Antoine Yassa consent to the inclusion in this news release of the information, in the form and context in which it appears. 

Nanotech Security Corp. Announces New Director, Option Grant and Other Shareholder Meeting Results

VANCOUVER, BC—(Marketwired – March 31, 2016) –
 Nanotech Security Corp. (TSX VENTURE: NTS) (OTCQX: NTSFF) announces that Ron Barbaro was elected as a director at the annual shareholders meeting held March 29, 2016. Mr. Barbaro brings the board to seven persons along with Doug Blakeway, Brian Causey, Dickson Hall, Bozena Kaminska, Ken Tolmie and Bernard Zinkhofer, who were all re–elected. Mr. Barbaro brings a wealth of sales and marketing experience from a wide range of industries. He is currently Chairman of the Board of Smart Employee Benefits Inc. and a director of Bardya Brokerage Services Inc. Over the years Mr. Barbaro has held many director positions including President and Director of the Prudential Insurance Company of America Worldwide Operations, Chairman and CEO of the Ontario Lottery and Gaming Corporation, Chairman of The Brick Group and Special Advisor and Chairman of the Premier of Ontario's Economic Recovery Team. A total of 50,000 stock options exercisable for 5 years at $1.28 were awarded to Mr. Barbaro, subject to customary regulatory approval and vesting conditions.

In other meeting business the shareholders reappointed KPMG LLP as auditors and approved the continuation of the Company's equity incentive plan.

About Nanotech Security

Through its security and surveillance divisions, Nanotech Security Corp. has been a leading innovator in the design and production of advanced security products and surveillance solutions for a number of years. Nanotech's KolourOptik™
and Plasmogram™ products are nanotechnology based product platforms originally inspired by the unique optical properties of the iridescent wings of the Blue Morpho butterfly. Our security products produce intense, high definition optically–variable images and colour–shift optical thin films. Activated by a simple tilt or rotation, with higher resolutions than the best LED–displays, they are ideal for authentication of currency, passports, and identification cards in addition to distinguishing branded goods from counterfeits. Our surveillance division designs and manufactures sophisticated surveillance and intelligence gathering communications and forensic equipment for the law enforcement and intelligence community as well as runs a state of the art training academy where we provide technical surveillance training to the law enforcement community.

Additional information about Nanotech can be found at the Company's website www.nanosecurity.ca, the Canadian disclosure filings website www.sedar.com or the OTCMarkets disclosure filings website www.otcmarkets.com.

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

LeadFX Announces Extension of Forbearance Period With Its Lender

TORONTO, ON—(Marketwired – March 31, 2016) – LeadFX
Inc. (the “Company” or “LeadFX“) (TSX: LFX) today announced that Enirgi Group Corporation (“Enirgi Group” or the “Lender”), subject to regulatory approval, has agreed to extend the period of forbearance and maturity date under its credit agreement, as amended, with the Company (the “Credit Agreement”) to July 31, 2016 while management works through a close out solution. All other terms and conditions of the Credit Agreement remain the same. 

Additional information on LeadFX
and the Credit Agreement can be found in the Company's continuous disclosure documents on SEDAR at www.sedar.com and the Company's website at www.leadfxinc.com

LeadFX is a Canadian–based mining company focused on the development of lead–silver projects located in stable jurisdictions. Our current portfolio includes a restart–ready lead operation in Western Australia and a development project in Utah, USA. The Company is developing opportunities at its new properties in North America to underpin future cash flow and growth. LeadFX trades under the symbol “LFX” on the Toronto Stock Exchange.

Forward–Looking Statements

This news release may contain “forward–looking statements” within the meaning of applicable Canadian securities laws. Examples of forward–looking information in this news release includes but is not limited to statements and information concerning: final Toronto Stock Exchange approval of the extension of the forbearance period and maturity date under the Credit Agreement and the ability of LeadFX to find a close out solution. Forward–looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “contemplate”, “target”, “believe”, “plan”, “estimate”, “expect”, and “intend” and statements that an event or result “may”, “will”, “can”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward–looking information by its nature requires assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward–looking information, and readers are cautioned not to place undue reliance on such information. These statements are based on expectations, estimates and projections as at the date of this news release and are subject to a number of risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward–looking information prove incorrect, actual results, performance or achievement may vary materially from those expressed or implied by the forward–looking information contained in this news release. These risk factors should be carefully considered and readers are cautioned not to place undue reliance on forward–looking information, which is current only as of the date of this news release. All subsequent forward–looking information attributable to LeadFX herein is expressly qualified in its entirety by the cautionary statements contained in or referred to herein. LeadFX does not undertake any obligation to release publicly any revisions to this forward–looking information to reflect events or circumstances that occur after the date of this news release or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Quaterra Reports 2015 Year-End Financial Results

VANCOUVER, BC—(Marketwired – March 31, 2016) –  Quaterra Resources Inc. (“Quaterra”), and its subsidiary Singatse Peak Services LLC (“SPS”), focused their efforts in 2015 on a drill program at the Bear deposit, a large porphyry copper system on the Company's 52–square–mile property in the historic Yerington Copper District of Nevada. A summary of the drill program is reported in the Company's December 31, 2015, year–end audited financial statements and management's discussion and analysis (“MD&A”) filed today.

The financial statements and MD&A are available at www.quaterra.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov. The financial statements have been prepared in accordance with International Financial Reporting Standards. This release should be read in conjunction with those documents. All dollar amounts herein are in U.S. dollars unless otherwise specified.

The MD&A reports that the Bear drill program has been funded with payments to SPS by Freeport–McMoRan Nevada LLC (“Freeport Nevada”) under the terms of an Option Agreement. On June 15, 2015 Freeport Nevada extended the Option Agreement for an additional 12 months with a commitment of $7.15 million in funding to SPS.

On August 13, 2015, the Company commenced a five– to seven–hole exploration drilling program at the Bear deposit funded by the Freeport Nevada Stage 2 commitment. The drilling program is designed to assess historic assay results and determine geological controls for higher–grade mineralization. A magneto telluric (MT) geophysical survey was also carried out over the Bear target area to assist in drill site selection. Results from the drill program are being released as they become available. Assays from the three holes completed in 2015 were released sequentially on November 17, 2015, December 23, 2015, and February 8, 2016.

“With the cash on hand, the anticipated funding commitment from Freeport Nevada and the proceeds from the sale of non–core assets, the Company believes it has sufficient cash to maintain its operations in the next 12 months,” reports the MD&A.

The MD&A reports that during the year ended December 31, 2015, the Company received total proceeds of $8.075 million made up of $4.575 million paid to SPS per terms of the option agreement with Freeport Nevada; $2.0 million from the 2014 sale of non–core assets; and $1.5 million from the 2014 sale of its interest in the Nieves silver project. In 2016, the Company expects to receive $5.575 million in proceeds made up of further payments of $2.575 million to SPS from Freeport Nevada; $2 million for the sale of non–core assets; and $1.0 million for the sale of Nieves.

Quaterra President and CEO Thomas Patton says: “We are pleased that we have been able to continue an aggressive exploration drilling program in a time of very difficult markets, and have been able to do so with no dilution to our shareholders.”

Patton says Quaterra will continue to focus on the Bear deposit because of its large size, historic drilling and potential for higher grades than district averages. The deposit is underexplored and open in several directions and at depth. Quaterra has also recently expanded key acreage over the Bear and consolidated it under a single owner.

“The Bear is located in one of the top jurisdictions to build a mine and is situated on a property which has known copper deposits, several untested exploration targets, good existing infrastructure, historic production, and valuable water rights already permitted for mining. With exploration success, the Bear deposit could become a catalyst to expedite development of the entire district.”

About Quaterra Resources Inc.

Quaterra Resources Inc. (TSX VENTURE: QTA) (OTCQX: QTRRF) is a copper exploration and development company with the primary objective to advance its U.S. subsidiary's copper projects in the Yerington District, Nevada.

On behalf of the Board of Directors,

Thomas Patton, President & CEO

Quaterra Resources Inc.

Disclosure note:

Some statements contained in this news release are forward–looking statements under Canadian securities laws and within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identified in this news release by words such as “believes”, “anticipates”, “intends”, “has the potential”, “expects”, and similar language, or convey estimates and statements that describe the Company's future plans, objectives, potential outcomes, expectations, or goals. Since forward–looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. In particular, forward looking statements in this news release include or assume that the Company will receive all option payments over the next six months, that exploration results on the Bear deposit will define further mineralization, that historic exploration results will be confirmed by new exploration, that further drilling will extend the boundaries of the known high–grade mineralized area, and that drill results from the current drill program point to a large copper system. These statements are subject to risks and uncertainties which may cause results to differ materially from those expressed in the forward–looking statements. A summary of risk factors that apply to the Company's operations are included in our management discussion and analysis filings with securities regulatory authorities, and are publicly available on our website. Readers are cautioned not to place undue reliance on forward–looking statements, which speak only as of the date thereof. The Company does not undertake to update any forward–looking statement that may be made from time to time except in accordance with applicable securities laws.

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

New Guide Explains the Benefits of Natural Moringa Tea

TAMPA, FL—(Marketwired – March 31, 2016) – Green Virgin Products (http://GreenVirginProducts.com) — the leading provider of the world's most potent, responsibly harvested and eco–friendly moringa products — has just released a new guide that educates consumers on the benefits of moringa tea and helps them understand why they don't have resort to expensive coffees just to get that early morning jolt they need.

Created from the leaves of the moringa plant — commonly referred to as the miracle tree — the benefits of moringa tea are numerous and include a potent daily dose that includes a long list of antioxidants, vitamins, minerals and amino acids.

It's been a staple to Ayurvedic medicine for eons, and is a popular morning beverage for many cultures, which replace the peppiness of coffee with something far less acidic that's actually better for you than either coffee or green tea.

While green tea boasts a few very potent antioxidants, moringa has a powerful arsenal of over 40. What's more, it's packed with everything that you need to get ready for the long, challenging day ahead.

Learn how to recharge your morning naturally with all day energy with moringa tea by reading the guide here: https://greenvirginproducts.com/the–wonderful–benefits–of–moringa–tea.

Shop a complete selection of responsibly harvested moringa and green products by visiting: http://GreenVirginProducts.com.

Or call 813.833.3248 to place an order by phone.

Make sure to enter or mention coupon code “10OFF” and save 10% off your order.

Most orders are shipped the same day, with free shipping on orders $50 and above and 90–day, no–questions–asked return policy.

About Green Virgin Products

Green Virgin Products is the industry leader in providing environmentally–friendly and responsibly harvested moringa products at affordable prices. The company is well–known for producing the highest quality moringa oleifera in the world, including their five–star rated Moringa Ultimate Powder, Moringa Ultimate Capsules (also available in vegan), and their Moringa Ultimate Oil.

Green Virgin Products uses an exclusive far–infrared drying system that assures that the moringa is perfectly dried within hours of harvest. To further protect the potency of the product, it's packaged within eight hours of harvest in signature, triple–layer, re–sealable packages that contain a specially designed oxygen absorber in the pouch that helps prevent sun damage and oxidation.

Shandong Ruyi Technology Group Enters Into Exclusivity Agreement With a View to Acquiring a Majority Stake in SMCP Group

PARIS, FRANCE, and LONDON, UNITED KINGDOM, and JINING, CHINA—(Marketwired – Mar 31, 2016) – Shandong Ruyi Technology Group (“Shandong Ruyi Group”) and KKR, a leading global investment firm, together with the founders and management team of SMCP Group (“SMCP”) have today announced the signing of an exclusivity agreement for the acquisition of a controlling stake in SMCP by Shandong Ruyi Group. The parties contemplate that SMCP's founders and management would reinvest alongside Shandong Ruyi Group as minority shareholders, while KKR would retain a minority interest in the group. The transaction remains subject to works council consultation and customary regulatory approvals.

Shandong Ruyi Group would invest in SMCP with the ambition to drive further growth and support the company's global development, including in Asia where it benefits from unique experience and track–record. Shandong Ruyi Group intends to maintain the DNA and unique identity of the SMCP brands, with SMCP's design and creative teams continuing to operate from its headquarters in Paris. SMCP would retain its current strategy and organisational structure, while benefitting from the global retailing expertise of its new shareholder.

Yafu Qiu, Chairman of Shandong Ruyi Group, noted: “We have been highly impressed by the success of Sandro, Maje, and Claudie Pierlot and hold great respect for the founders and management of SMCP both for their passion and their achievement. This would be a significant step for Shandong Ruyi Group in our continued endeavour to become a leader in the fully–integrated textiles and fashion business both in China and globally. By taking on board the expertise of SMCP, a group well–rooted with strong Parisian heritage, we would combine their merits with our existing strength in Asia, in particular China, in order to take both companies forward. Not only are we very excited to be forming a promising partnership with leaders at SMCP and KKR, but we also look forward to supporting SMCP in achieving its long–term objective of becoming a global leader in accessible luxury.”

Evelyne Chetrite, founder and Managing Director of SMCP, commented: “My sister, Judith Milgrom, and I are delighted to embark on the next phase in the journey of our company alongside Shandong Ruyi Group. Judith and I reaffirm our full commitment to the business and remain focused on our goal: continuing to build the highly desirable brands Sandro, Maje and Claudie Pierlot and further extending their reach. Shandong Ruyi Group, as business with strong values, shares this long–term vision and ambition, and is the right partner for us.”

Daniel Lalonde, President and CEO of SMCP, added: “After having announced record results for 2015, with 33% net sales growth, we are very excited by the opportunity to partner with Shandong Ruyi Group, who can support us in our global ambition. With our talented teams, we will continue expanding in areas where our brands are present and have significant potential: Europe, North America, Middle East and particularly Asia, where we could leverage Shandong Ruyi Group's expertise. KKR's global presence and strong experience in the retail sector have helped us strengthen our international platform on which we will continue to build.”

Nicolas Gheysens and Edouard Pillot, Directors at KKR Europe, said: “We have been very pleased with SMCP's development over the past years and look forward to our continued partnership with the SMCP teams and founders, alongside Shandong Ruyi Group.”

J.P. Morgan acted as exclusive financial advisor to Shandong Ruyi Group and as sole underwriter of the associated debt transaction financing while Latham & Watkins acted as legal advisor to Shandong Ruyi Group.

Bank of America Merrill Lynch and UBS acted as financial advisors and Bredin Prat as legal advisor to SMCP and KKR.

About Shandong Ruyi Technology Group

Founded in 1972, Shandong Ruyi Technology Group Co. Ltd is one of the largest textile manufacturers in China and ranks among the Top 100 Chinese multi–national enterprises. The group predominately engages in textile offerings and owns a fully–integrated value chain with operations spanning across raw materials cultivation, textiles processing, and design and sale of brands & apparel. Headquartered in Jining, Shandong, the hometown of Confucius and Mencius, Shandong Ruyi Group operates 13 domestic industrial parks and boasts some of the largest production lines and advanced technology in China. Shandong Ruyi Group also has a significant distribution and point of sales (POS) network that services a global customer base spread across 6 different continents. In Asia Pacific alone, the group operates over 3,000 POS. Shandong Ruyi Group has over 20 subsidiaries, with two listed subsidiaries in China and Japan respectively.

About SMCP

With three distinct contemporary Parisian fashion brands, Sandro, Maje and Claudie Pierlot, SMCP is a global leading company in the accessible luxury sector. SMCP operates 1 118 point of sales, of which 906 are directly operated and 212 are operated through partnerships. Its brands are present in 33 countries worldwide by the end of December 2015. Evelyne Chetrite and Judith Milgrom founded Sandro and Maje in Paris, in 1984 and 1998 respectively and continue to provide creative direction for the brands. Claudie Pierlot was also founded in 1984 by Madame Claudie Pierlot, and acquired by the Group in 2009. KKR acquired a majority stake of Group SMCP in June 2013.

About KKR

KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

Almaden Files Form 20-F Documentation

VANCOUVER, BC—(Marketwired – March 31, 2016) –  Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX: AMM) (NYSE MKT: AAU) announces that its Form 20–F for the fiscal year ended December 31, 2015 has been filed with the U.S. Securities and Exchange Commission. The Form 20–F and the Company's audited consolidated financial statements for the years ended December 31, 2015 and 2014, are available on the Company's website at http://www.almadenminerals.com.

Shareholders of the Company may also request a hard copy of the Company's audited financial statements and Form 20–F free of charge by contacting 604–689–7644 or by e–mail to info@almadenminerals.com.

About Almaden
Almaden Minerals Ltd. is a well financed company which owns 100% of the Tuligtic project in Puebla State, Mexico. Tuligtic covers the Ixtaca Gold–Silver Deposit, which was discovered by Almaden in 2010.

On Behalf of the Board of Directors


“Morgan Poliquin”

Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Almaden Minerals Ltd.

Neither the Toronto Stock Exchange (TSX) nor the NYSE MKT have reviewed or accepted responsibility for the adequacy or accuracy of the contents of this news release which has been prepared by management. Except for the statements of historical fact contained herein, certain information presented constitutes “forward–looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Such forward–looking statements, including but not limited to, those with respect to potential expansion of mineralization, potential size of mineralized zone, and size and timing of exploration and development programs, estimated project capital and other project costs and the timing of submission and receipt and availability of regulatory approvals involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Almaden to be materially different from any future results, performance or achievements expressed or implied by such forward–looking statements. Such factors include, among others, risks related to international operations and joint ventures, the actual results of current exploration activities, conclusions of economic evaluations, uncertainty in the estimation of mineral resources, changes in project parameters as plans continue to be refined, environmental risks and hazards, increased infrastructure and/or operating costs, labour and employment matters, and government regulation and permitting requirements as well as those factors discussed in the section entitled “Risk Factors” in Almaden's Annual Information form and Almaden's latest Form 20–F on file with the United States Securities and Exchange Commission in Washington, D.C. Although Almaden 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 or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Almaden disclaims any intention or obligation to update or revise any forward–looking statements, whether as a result of new information, future events or otherwise, other than as required pursuant to applicable securities laws. Accordingly, readers should not place undue reliance on forward–looking statements.