Millrock Closes Tranche Two of Non-Brokered Private Placement

VANCOUVER, BC—(Marketwired – May 31, 2016) –
 Millrock Resources Inc. (TSX VENTURE: MRO) reports that the final portion of the non–brokered private placement announced on May 4, 2016 has closed and a total of 10,670,660 Units at a price of $0.29 per Unit were issued for gross proceeds of $3,094,491.40. The Company raised a grand total of $3,596,191.40 in this financing.

Each Unit consisted of one common share and one share purchase warrant (a “Warrant”) entitling the holder to purchase one additional common share for $0.44 until May 25, 2019.

In Tranche 2, Finder's fees were paid as follows: $17,922 and 61,800 Finder's Warrants were paid to Sprott Private Wealth LP, $105,262 and 362,973 Finder's Warrants were paid to Sprott Global Resource Investments, Ltd. and $6,090 and 21,000 Finder's Warrants were paid to Red Plug Capital Corp. Each Finder's Warrant entitles the Finder to purchase one additional common share for $0.29 for 2 years from the Closing Date.

The common shares, Warrants and all common shares issuable upon exercise of Warrants and Finder's Warrants issued in connection with this tranche of the private placement are subject to a four month hold period and may not be traded until October 1, 2016. 

About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages and operates large–scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock's exploration projects primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, Newcrest Gold, First Quantum, Teck, Kinross, Vale, Inmet and Altius.


“Gregory Beischer”
Gregory Beischer, President & CEO

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.


Kelt Exploration Announces Amendments to Its Credit Facility

CALGARY, AB—(Marketwired – May 31, 2016) – Kelt Exploration Ltd. (“Kelt” or the “Company”) (TSX: KEL) has completed its semi–annual borrowing base review with its syndicated group of lenders. The Company has agreed to certain amendments to its existing credit facility and the borrowing base has been re–determined at $185.0 million.

All of the lenders, other than a single lender representing $10.0 million of the total commitment amount of $185.0 million (the “Term Lender”), have agreed to extend the revolving period to April 29, 2017. The Company is obligated to pay out the Term Lender in full on April 28, 2017. The revolving period may be extended for an additional 364 days at the discretion of the lenders, with a term–out to April 27, 2018 if not extended. Under the credit facility, covenants are limited to standard business operating covenants and the Company is not subject to any financial covenants.

There was no change to the pricing grid under which borrowing rates and standby fees fluctuate depending on the Company's current debt to cash flow ratio. As a result of the reduction in the borrowing base, Kelt expects to realize annual savings of approximately $900,000 by eliminating standby fees on unused credit amounts at the current rate.

Kelt currently has $118.4 million drawn on its credit facility. As previously guided, the Company expects bank debt, net of working capital to be approximately $137.0 million at December 31, 2016 or 74% of its current borrowing base.

About Kelt

Kelt is a Calgary, Alberta, Canada–based oil and gas company focused on exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia.

Cautionary Statement on Forward–Looking Statements and Information

This press release contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward–looking information or statements. In particular, this press release contains forward–looking statements pertaining to: the expected amount of annual savings on standby fees for unused credit amounts; any future extension of the revolving period; and the forecasted amount of bank debt, net of working capital at December 31, 2016.

Although Kelt believes that the expectations and assumptions on which the forward–looking statements are based are reasonable, undue reliance should not be placed on the forward–looking statements because Kelt cannot give any assurance that they will prove to be correct. Since forward–looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses; failure to obtain necessary regulatory approvals for planned operations; health, safety and environmental risks; uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures; volatility of commodity prices, currency exchange rate fluctuations; imprecision of reserve estimates; and competition from other explorers) as well as general economic conditions, stock market volatility; and the ability to access sufficient capital. We caution that the foregoing list of risks and uncertainties is not exhaustive.

In addition, the reader is cautioned that historical results are not necessarily indicative of future performance. The forward–looking statements contained herein are made as of the date hereof and the Company does not intend, and does not assume any obligation, to update or revise any forward–looking statements, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws.

OKI Data Americas Makes an Impression at the National Stationery Show, Introducing Groundbreaking White and Vivid Color-On-Color Printing Solutions

MOUNT LAUREL, NJ—(Marketwired – May 31, 2016) – In collaboration with Mountaincow — an industry–leading invitation software and stationery company, OKI Data Americas demonstrated a powerful suite of high–value stationery printing solutions including its C942 and C711WT at the National Stationery Show (NSS), held May 15–18 in New York, NY. These exclusive offerings incorporate patented OKI Data technology for printing both full color and/or white on colored media at an acquisition cost up to 80% lower than its closest competitor[1]. OKI's proven technology creates new opportunities for stationers to differentiate themselves from their competition at a price point that can deliver new sources of revenue and profit. In addition, the unprecedented media handling capabilities of these OKI devices gives stationers and print shops the ability to bring jobs in–house that would otherwise need to be outsourced, immediately saving time and reducing production cost.

OKI Data impressed NSS attendees, showcasing two unique devices featuring the ability to print white on colored stock and envelopes:

  • The innovative C942 with its CMYK + white configuration represents a new generation of digital production printing devices, incorporating unmatched capabilities at a fraction of the price of competing devices. With output speeds up to 50 ppm[2] and the ability to print more than 40 envelopes per minute — or a box of 100 envelopes in less than three minutes[3] — this powerful device can apply crisp white text and full color graphics to colored card stocks, envelopes and other media in a single pass.
  • The C711WT HD digital color printer with its CMY + white configuration is a desktop digital color printer that works seamlessly with most design software applications. Stationers recognize the expanded business opportunities and value offered by the C711WT with its unique ability to quickly and easily print creative artwork in white on colored envelopes, plus card and cover stocks up to 100 lb.
  • When bundled with PrintingPress Pro Extreme™ software by Mountaincow, stationers have ready–to–use solutions for professional in–store printing of invitations and addressed envelopes that are both flexible and affordable.

The C942 delivers dramatic output on a variety of materials including clear labels and waterslide film for decals. Addition of the optional new EFI® Fiery® C9 Server optimizes the five–color and envelope printing functionality of the C942, further increasing output quality, productivity and profitability. Built upon EFI's robust Fiery FS150 Pro system, the C9 Server offers the most popular Fiery features including Command WorkStation and Spot–On™ to enhance color–matching and production capabilities and improve the operational efficiencies of OKI's C9 Series printers. The C711WT features enhanced High Definition color printing technology with a straight–through paper path for results that ordinarily require expensive manual printing processes.

“OKI Data is creating the future of digital color printing with patented technology that delivers a new generation of white printing solutions at an unmatched price–point. The crisp, vivid color and quality produced by our devices is unmatched in the industry,” said Dan Murphy, Senior Vice President of Marketing at OKI Data Americas. “The speed and efficiency with which these devices operate, combined with a price point that reshapes the production printing market, deliver immediate revenue–generating opportunities and distinct competitive advantages to stationers and print shops which integrate these devices into their business.”

With these devices, invitation designers and stationers can offer fast, affordable in–house printing using white text, motifs and addresses onto dark card stock — a capability that otherwise needs to be out–sourced, and which increases production time and costs.

“OKI Data has once again completely turned the social stationery industry on its head with the new C942 five color printer featuring white printing capabilities,” said Josh Eisen, President of Mountaincow. “For the first time ever, our customers can now print a white base under color in one pass, enabling unprecedented vivid designs on dark card stocks and envelopes, as well as fine control for hobby decal designers. We were excited to demonstrate the C942 and C711WT with OKI Data, both of which generated great interest at the 2016 National Stationery Show.”

OKI Data Americas demonstrated the groundbreaking white and vivid color–on–color printing, plus invitation and envelope printing capabilities of its C942 and C711WT at the National Stationery Show. Show attendees were impressed by the devices' output quality as well as their ability to help save time and money by bringing such capabilities in–house.

Each year, the National Stationery Show attracts a diverse global attendance of 10,000 buyers from stationery, card and gift shops; bookstores; bridal shops; party stores; department, chain and specialty stores; large chains and “big box” mass retailers; online retailers and mail order catalogs; as well as special event planners, corporate marketers, importers and distributors.

OKI Data products are built on parent company OKI Data Corporation's history of leadership and innovation. Most of OKI Data's color printing solutions feature Single Pass Color™ as well as proprietary digital LED and HD Color technologies. These technologies allow OKI Data Americas to manufacture products that require fewer moving parts for increased reliability and outstanding color output quality.

OKI provides live[4], toll–free technical support 24 hours a day, seven days a week, 365 days a year, with agents based in North America. In addition, OKI Data live chat feature is available to customers within the U.S. and Canada seeking online support on weekdays during normal business hours within the Eastern time zone.

For more information about Mountaincow, visit or call 1–800–797–MCOW.

OKI Data Americas, headquartered in Mount Laurel, NJ, and a subsidiary of OKI Data Corporation of Japan, markets PC peripheral equipment and customized solutions under the OKI® brand, including digital color and monochrome printers and multifunction products, serial impact dot matrix printers, thermal label and POS printers, as well as a full line of options, accessories, and consumables. OKI Data Americas serves the graphic arts, production, and specialty printing markets with the OKI proColor™ Series digital production printers, as well as its expanding line of ColorPainter™ and Teriostar wide–format professional printing devices. In addition, its Multimedia Production Platform category of production–quality A3 color devices meets a wide range of graphic arts and commercial printing needs. Utilizing Genuine OKI toner ensures consistent, reliable, and high–quality output that maximizes performance. OKI Data offers a broad portfolio of products built to optimize managed print engagements. OKI Data Americas takes a consultative approach to supporting every customer's needs and delivering individualized print solutions that optimize business performance. The company's innovative technology is backed by Tokyo–based parent company OKI Electric Industry, a leader in telecom, infrastructure, and mechatronics systems, as well as an approximately $4.5 billion multinational corporation according to its FY 2014 financial reporting.

OKI, Reg. OKI Electric Industry Co., Ltd.

Single Pass Color T.M. and design Reg. T.M. OKI Data Corp.

proColor, T.M., OKI Data Americas

PrintingPress Pro Extreme is a trademark, developed and published by Mountaincow, LLC.

EFI, Fiery, Command WorkStation, SpotOn Reg. T.M., Electronics For Imaging, Inc.

ColorPainter and Teriostar are trademarks of OKI Data Infotech Corporation


[1] Claim based on a comparison of the published MSRP for the OKI Data C942 versus the Ricoh Pro C7110SX.

[2] Published performance results based on laboratory testing of letter–size sheets, simplex. Individual results may vary.

[3] Based on the use of Com 10 envelopes fed through the multipurpose tray.

[4] Available in the U.S. and Canada only.

The following files are available for download:

LeadFX Appoints New President and Chief Executive Officer

TORONTO, ON—(Marketwired – May 31, 2016) –
Inc. (the “Company” or “LeadFX“) (TSX: LFX) is pleased to announce that Robert Scargill, the current Managing Director of LeadFX, has been appointed as President and CEO of LeadFX, effective immediately. The former President and CEO, Wayne Richardson, is stepping down to focus on the development of Enirgi Group's projects, LeadFX's affiliate, but will continue to serve as a member of the LeadFX Board.

Robert Metcalfe, the incoming Chairman of LeadFX, commented, “On behalf of the Board, I would like to thank Wayne for his years of dedication and exceptional management. Wayne played an instrumental role in strengthening key government and community relationships, implementing strategies for transformative change throughout the operation, and laying the foundation for the future growth and success of LeadFX. We look forward to his continued support and ongoing contributions to the Company. I would also like to welcome Rob Scargill as the new President and CEO. With his extensive experience in mine management, we are confident in Rob's ability to lead the Company as he looks toward planning the potential future restart of the Paroo Station mine.”

Mr. Scargill is a qualified Mining Engineer with over 25 years' experience in the Australasian mining industry including experience in mine management, mine operations and development. Rob has been involved with and led several mine start–ups and operation turnarounds, including BHP's Cannington mine, Gympie Gold's Lewis mine and Perilya's Broken Hill mining complex.

Rob Scargill commented, “LeadFX is uniquely placed to take advantage of the growing demand for our metals in the energy storage sector. Our Paroo Station mine is restart–ready and we are executing a focused strategy to grow our lead–silver mining projects.”

About LeadFX

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.

Additional information on LeadFX
is available on SEDAR at and the Company's website at

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 the potential future restart of the Paroo Station mine, and to the business and future activities of, and developments related to LeadFX and its subsidiaries, including the development of lead and silver. 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.

eHealth Appoints Scott Flanders as Chief Executive Officer

MOUNTAIN VIEW, CA—(Marketwired – May 31, 2016) – eHealth, Inc. (NASDAQ: EHTH), the nation's first and largest private health insurance exchange, announced today that the eHealth Board of Directors has appointed Scott Flanders, a director of the Company since 2008, to the role of Chief Executive Officer of eHealth, effective immediately. In addition, The Honorable Ellen Tauscher, a director of the Company since 2012, has been appointed Independent Non–Executive Board Chair. In connection with these appointments, Gary Lauer is transitioning out as Chief Executive Officer and Executive Chairman of the Board. Mr. Lauer will continue on in an advisory role through the end of the year to help ensure a smooth transition.

A strategic visionary and proven business model innovator, Mr. Flanders brings with him nearly 30 years of executive leadership experience and a track record of driving significant growth in his prior positions, including most recently as CEO and a director of Playboy Enterprises, Inc. where he oversaw a transformational shift in the iconic brand. Having also served as CEO of Freedom Communications and as Chairman and CEO of Columbia House Company, Mr. Flanders brings diverse business experience and direct–to–consumer expertise.

Ms. Tauscher brings a blend of expertise in both government affairs and capital markets. She previously served as a seven–term member of the U.S. House of Representatives from California's 10th Congressional District as well as Under Secretary of State for Arms Control and International Security Affairs. Prior to her successful career in public service, Ms. Tauscher spent 14 years on Wall Street working in investment banking and the financial industry. In her role as Board Chair, Ms. Tauscher will leverage her unique experience to spearhead eHealth's public policy initiatives and partnerships with the public sector.

“We are pleased to announce the appointment of Scott, a true innovator and strategist, as our new CEO,” said Ms. Tauscher. “As our company and the marketplace evolve, so does our strategic vision. eHealth has a great brand, a great team and great momentum, and that is why we feel confident in the success of our leadership transition. Having served as a highly engaged director of eHealth, Scott has a deep understanding of the Company and its business. We believe that Scott's decades of executive leadership experience, in addition to his expertise in direct–to–consumer markets and track record of overseeing significant growth, will allow him to seamlessly transition into the role of eHealth's CEO. Scott is the right leader to guide eHealth as we build on our positive momentum and strengthen our position as the leader in online health insurance.”

“I am excited about the opportunity to work alongside the eHealth Board and management team as CEO as we execute on our strategic vision and build on our record of innovation and success in the online health insurance marketplace,” said Mr. Flanders. “eHealth enjoys an outstanding position as the leader in our industry, and I have great respect for the entire eHealth team and what it has built. Together, we will continue to optimize profitability and cash flow generation in our Individual and Family Plan business, invest for rapid growth in Medicare, and leverage our powerful technology platform and broad network of online partnerships to create an unmatched consumer experience for our millions of customers and drive value for our shareholders.”

“We thank Gary for his many contributions to eHealth over the years,” continued Ms. Tauscher. “Under his leadership, eHealth has transformed from the nation's first internet–based supplier of health insurance policies to an online marketplace with over 10,000 products and four million customers nation–wide.”

“It has been a privilege to lead the outstanding team at eHealth for the past 16 years. I am confident that Scott, together with the rest of the leadership team, will build on our positive momentum and position eHealth for continued growth and success,” said Mr. Lauer.

“Our industry is dynamic and trends point to more change in the years ahead. As we prepare for the future, we have the right team in place, with Scott as CEO and Ellen as Non–Executive Board Chair, to move quickly and confidently to take advantage of opportunities that will both strengthen and grow our Company,” concluded Michael Goldberg, eHealth's Lead Independent Director.

About Scott Flanders

Flanders served as CEO and a member of the Board of Playboy Enterprises, Inc. from 2009 until May 2016, during which time the Company more than tripled its annual licensing revenue, increased traffic to by 400% percent and undertook a transformative redesign of Playboy magazine. Previously, Flanders spent three years as CEO of Freedom Communications, overseeing the Company's diversified media portfolio with nearly $1 billion in annual revenue. Flanders served as an independent director of Freedom's Board for five years before joining the company as CEO. Between 1999 and 2005, Flanders served as Chairman and CEO of the Columbia House Company where he oversaw the world's oldest and largest direct marketer of music and video products, with revenues totaling more than $1 billion. After beginning his career as a tax and business consultant with PwC, Flanders spent 14 years with Macmillan Publishing. He became President of Macmillan USA in 1993 and established the Company as the largest computer book publisher, the first publisher of books about the internet and the first publisher to sell books online.

In addition to serving on the Board of eHealth, Flanders serves as a member of the Board of Visitors of the Maurer School of Law at Indiana University. Flanders holds a B.A. degree in economics from the University of Colorado and a J.D. from Indiana University. He is also a certified public accountant.

About The Honorable Ellen Tauscher

Tauscher is a former seven–term Member of the U.S. House of Representatives, representing California's 10th Congressional district, and a Wall Street veteran with over ten years of capital markets experience. While in Congress, Tauscher was a leading centrist Democrat and Chairman of the New Democrat Coalition, a caucus of 65 moderate Democrats in the House. From 2001 to 2005, she served as vice–chairwoman of the Democratic Leadership Council. Nominated by President Barack Obama in March 2009 as Under Secretary of State for Arms Control and International Security Affairs and confirmed by the Senate in June 2009, she served in this role until February 2012. As Under Secretary, Tauscher successfully closed negotiations of the New Start Treaty with the Russian Federation in March 2010 in Geneva, after months of stalemate. She also represented the U.S. at the Non–Proliferation Treaty Review Conference at the United Nations in May 2010, which produced the first consensus agreement in 10 years.

Tauscher began her career on Wall Street, starting at Bache & Co., and subsequently as an investment banker for Bear Stearns and a subsidiary of Drexel Burnham Lambert. She also served as an officer of the American Stock Exchange during this time. At age 25, she was a one of the first women to become a Member of the New York Stock Exchange. Tauscher returned to the private sector in February 2012 and, in addition to serving on the Board of eHealth, serves as a director on the Boards of Edison International and Southern California Edison, SeaWorld Entertainment Inc., BAE Systems, Inc. and Aurora Flight Sciences. Tauscher is also on the Board of Advisors of SpaceX. Tauscher holds a B.S. degree in early childhood education from Seton Hall University.

About eHealth, Inc.

eHealth, Inc. (NASDAQ: EHTH) operates, the nation's first and largest private health insurance exchange where individuals, families and small businesses can compare health insurance products from leading insurers side by side and purchase and enroll in coverage online. eHealth offers thousands of individual, family and small business health plans underwritten by many of the nation's leading health insurance companies. eHealth (through its subsidiaries) is licensed to sell health insurance in all 50 states and the District of Columbia. eHealth also offers educational resources and powerful online and pharmacy–based tools to help Medicare beneficiaries navigate Medicare health insurance options, choose the right plan and enroll in select plans online through (, ( and (

For more health insurance news and information, visit the eHealth consumer blog: Get Smart – Get Covered or visit eHealth's Consumer Resource Center.

Forward–Looking Statements

This press release contains statements that are forward–looking statements as defined within the Private Securities Litigation Reform Act of 1995. These include statements regarding: our potential for rapid growth in Medicare, whether our technology platform is powerful, whether our broad network of online partnerships create an unmatched consumer experience for our customers, whether we are well–positioned to move quickly as opportunities present themselves to us and whether the opportunities that present themselves to us will grow and strengthen us. These forward–looking statements are inherently subject to various risks and uncertainties that could cause actual results to differ materially from the statements made, including associated with the impact of healthcare reform; our ability to retain existing members and enroll a large number of new members during the annual healthcare reform open enrollment period and Medicare annual enrollment period; competition, including competition from government–run health insurance exchanges; our ability to retain existing members and limit member turnover; changes in consumer behaviors and their selection of individual and family health insurance products; product offerings among carriers and the resulting impact on our commission revenue; the impact of increased health insurance costs on demand; our ability to accurately estimate membership; our relationships with health insurance carriers; customer concentration and consolidation of the health insurance industry; our success in marketing and selling health insurance plans and our unit cost of acquisition; our ability to hire, train and retain licensed health insurance agents and other employees; the need for health insurance carrier and regulatory approvals in connection with the marketing of Medicare–related insurance products; costs of acquiring new members; scalability of the Medicare business; our ability to attract and to convert online visitors into paying members; changes in products offered on our ecommerce platform; maintaining and enhancing our brand identity; our ability to derive desired benefits from investments in our business, including membership growth initiatives; dependence on acceptance of the Internet as a marketplace for the purchase and sale of health insurance; reliance on marketing partners; timing of receipt and accuracy of commission reports; payment practices of health insurance carriers; dependence on our operations in China; difficulties, delays, unexpected costs and changes in laws and regulations, including in connection with healthcare reform or with respect to the marketing and sale of Medicare plans; compliance with insurance and other laws and regulations; exposure to security risks; and the performance, reliability and availability of our ecommerce platform and underlying network infrastructure.

Other factors that could cause operating, financial and other results to differ are described in eHealth's most recent Quarterly Report on Form 10–Q for the quarter ended March 31, 2016, and filed on May 9, 2016, or Annual Report on Form 10–K for the year ended December 31, 2015 and filed on March 14, 2016, with the Securities and Exchange Commission and available on the investor relations page of eHealth's website at and on the Securities and Exchange Commission's website at eHealth does not undertake any obligation to update any forward–looking statement to conform the statement to actual results or changes in expectations.

Marquee Energy Ltd. Announces the Closing of the Sale of Non-Core Shallow Gas Asset

CALGARY, AB—(Marketwired – May 31, 2016) – Marquee Energy Ltd. (“Marquee” or the “Company”) (TSX VENTURE: MQL) is pleased to announce that it has completed the previously announced disposition of its non–core, shallow gas asset for total cash consideration of $5.57 million, net of initial closing adjustments (the “Transaction”).

The asset includes approximately 500 gross / 396 net wells, average production of approximately 5,700 mcf/d in Q1 2016, and low pressure gas gathering and processing infrastructure associated with the production. Marquee will retain high pressure gas gathering infrastructure in the area, which is required for the development of its Banff light oil play.

The Company expects the disposition to have a positive impact on general and administration expenses and asset retirement obligations (“ARO”), while having minimal impact on cashflow. Currently, the asset has no lending value attributable to it. The Transaction will serve to raise Marquee's LLR to 1.8 and reduce its discounted corporate ARO by approximately 30%.

In the short term, the gross proceeds from the sale of the assets will be used to reduce the Company's current debt and improve financial flexibility. The disposition is consistent with Marquee's strategy to divest of the Company's non–core assets to further focus the Company on its Banff light oil play at Michichi.

Acumen Capital Finance Partners Limited acted as a strategic advisor to Marquee with respect to the Transaction.

The Company's Annual General Meeting of Shareholders is scheduled for 2:00 PM on Wednesday June 22, 2016 in the Altius Building, Second Floor, 500 4th Avenue SW, Calgary, AB, which, for clarity, has a record date for the entitlement to receive notice and to vote thereat of May 19, 2016.


Marquee Energy Ltd. is a Calgary based, junior energy company focused on high rate of return light oil development and production. Marquee is committed to growing the company through exploitation of existing opportunities and continued consolidation and development within its core area at Michichi. The Company's shares are traded on the TSX Venture Exchange under the trading symbol “MQL” and on the OTCQX marketplace under the symbol “MQLXF”. Current information about Marquee may be found on its website www.marquee– and in its continuous disclosure documents filed with Canadian securities regulators on the System for Electronic Document Analysis and Retrieval (SEDAR) at

Kona Beach Hotel Ideal for Celebrating King Kamehameha Day

KAILUA–KONA, HI—(Marketwired – May 31, 2016) – Celebrate the legacy of King Kamehameha from Kamakahonu Bay and experience first–hand the natural beauty that surrounded the ruler's residence on the Big Island when booking Celebration Parade accommodations at the Courtyard King Kamehameha's Kona Beach Hotel.

The 100th annual King Kamehameha Day Celebration Parade is set for Saturday, June 11, in Historic Kailua Village. The floral parade will begin at 9 a.m. and festivities will continue throughout the day in West Hawai'i in honor of the great ali'i credited for uniting the Hawaiian Islands. During his reign, King Kamehameha rebuilt Ahu'ena Heiau, a temple dedicated to Lono, the Hawaiian God of peace, agriculture, and prosperity. Reconstructed between 1812 and 1813, the Ahu'ena Heiau is on the register of National Historic Landmarks as one of Hawaii's most important historic sites.

Located adjacent to the temple, the Courtyard King Kamehameha's Kona Beach Hotel beckons guests with full–service amenities just steps from the white–sand beaches of Kailua–Kona. Honoring King Kamehameha and his celebrated legacy — all day, every day — the Courtyard is a perfect prototype for this year's theme: “Ho'ohiwahiwa No Kamehameha,” which translates to “Honoring Kamehameha.” The stylish lodging includes numerous historic paintings, including a magnificent Hawaiian mural that greets guests the minute they step into the lobby area.

Painted by renowned artist, the late Herb Kane, the large and compelling mural depicts Kamehameha dressed in a simple kapa wrap and in conversation with his son, Liholiho, heir to the throne, who ruled as Kamehameha II.

In addition to historic interests, this contemporary hotel offers private balconies for oceanfront views; on–site restaurants; luaus; an infinity pool; fitness center; yoga studio; white sand beach; Kona Boys Beach Rentals for snorkeling, paddle boarding and kayaking, and UFO parasailing, scuba diving and surfing adventures.

The parade will travel down Ali'i Drive, then up Palani Road to Kuakini Highway. Adorned in flowers and colors of the Hawaiian Islands, regal pa'u riders on horseback will represent each of the eight islands, led by their respective princesses and the pa'u queen. The floral parade will also feature hula halau, equestrian units, marching bands, a horse–drawn carriage and more.

Adding to the list of many things to do in Kona during this celebration weekend, a music and art festival at Hulihe'e Palace continues the festivities and features a free concert lineup of top Hawaiian recording artists including Hoku Zuttermeister and Sista Robi Kahakalau.

About the Courtyard King Kamehameha's Kona Beach Hotel

The Courtyard King Kamehameha's Kona Beach Hotel welcomes travelers to Hawaii's Big Island with impeccable oceanfront accommodations and full–service amenities. Whether traveling for business or vacationing with the family, the hotel's cultural influences and contemporary conveniences are designed to help guests make the most of their travel experience. Conveniently located near Kona Airport and popular attractions, guests are pampered with an expansive choice of guest rooms and suites, all furnished with free Wi–Fi and Marriott luxury bedding. Three on–site restaurants are also available, including the coffee house setting of Menehune Coffee Company, outdoor dining at Billfish Poolside Bar & Grille and the award–winning Honu's on the Beach Restaurant.

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