Aequus Announces Closing of $300,000 Equity Financing

VANCOUVER, BC—(Marketwired – January 31, 2018) –

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Aequus Pharmaceuticals Inc. (TSX VENTURE: AQS) (OTCQB: AQSZF) (“Aequus” or the “Company“), a specialty pharmaceutical company with a focus on developing, advancing and promoting differentiated products, is pleased to announce that, further to its news release dated January 25, 2018 announcing a change to the proposed $300,000 equity financing, Aequus has now completed the equity financing of 1,000,000 units of the Company (the “Units”) at a price of $0.30 per Unit (the “Offering Price”), for aggregate gross proceeds of $300,000 (the “Offering”) to a single subscriber that has recently been engaged by Aequus as a branding and marketing consultant under a prospectus supplement to the Company's base shelf prospectus dated August 15, 2017, which was filed in the provinces of British Columbia, Alberta, Ontario, Saskatchewan and Manitoba. Each Unit consists of one common share of the Company and one non–transferrable common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder thereof to purchase one common share at an exercise price of $0.50 for a period of twenty–four (24) months following the closing date. The Warrants include an acceleration provision, exercisable at the Company's option, if the Company's daily volume weighted average share price is greater than $0.85 for 10 consecutive trading days.

Aequus intends to use the net proceeds of the Offering for general corporate purposes, including branding and marketing. Securities issued under the Offering are “restricted securities” as defined in U.S. federal securities laws.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold to persons in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Aequus Pharmaceuticals

Aequus Pharmaceuticals Inc. (TSX VENTURE: AQS) (OTCQB: AQSZF) is a growing specialty pharmaceutical company focused on developing and commercializing high quality, differentiated products. Aequus' development stage pipeline includes several products in neurology and psychiatry with a goal of addressing the need for improved medication adherence through enhanced delivery systems. Aequus intends to commercialize its internal programs in Canada alongside its current portfolio of marketed established medicines and will look to form strategic partnerships that would maximize the reach of its product candidates worldwide. Aequus plans to build on its Canadian commercial platform through the launch of additional products that are either created internally or brought in through an acquisition or license; remaining focused on highly specialized therapeutic areas. For further information, please visit www.aequuspharma.ca.

Forward–Looking Statements:

This release may contain forward–looking statements or forward–looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words “believe”, “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “potential” and similar expressions. Forward–looking statements are necessarily based on estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as the factors we believe are appropriate. Forward–looking statements in this release include but are not limited to statements relating to: the Company's intention to commercialize its internal programs in Canada, form strategic partnerships and build its Canadian commercial platform. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Aequus, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward–looking statements. In making the forward–looking statements included in this release, the Company has made various material assumptions, including, but not limited to: obtaining positive results of clinical trials, obtaining regulatory approvals, general business and economic conditions, the Company's ability to successfully market it services and in–license and develop new products, the assumption that the Company's current good relationships with third party suppliers or service providers will be maintained, the availability of financing on reasonable terms, the Company's ability to attract and retain skilled staff, market competition, the products and technology offered by the Company's competitors and the Company's ability to protect patents and proprietary rights. In evaluating forward–looking statements, current and prospective shareholders should specifically consider various factors set out under the heading “Risk Factors” in the Company's Annual Information Form dated May 1, 2017, a copy of which is available on Aequus' profile on the SEDAR website at www.sedar.com, and as otherwise disclosed from time to time on Aequus' SEDAR profile. Should one or more of these risks or uncertainties, or a risk that is not currently known to us materialize, or should assumptions underlying those forward–looking statements prove incorrect, actual results may vary materially from those described herein. These forward–looking statements are made as of the date of this release and we do not intend, and do not assume any obligation, to update these forward–looking statements, except as required by applicable securities laws. Investors are cautioned that forward–looking statements are not guarantees of future performance and are inherently uncertain. Accordingly, investors are cautioned not to put undue reliance on forward–looking statements.

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

Newrange Gold Reports Last Drill Results for 2017 and Start of 2018 Drilling At Pamlico Gold Project, Nevada

VANCOUVER, BC—(Marketwired – January 31, 2018) – Newrange Gold Corp. (“Newrange” or the “Company“) (TSX VENTURE: NRG) (OTC PINK: CMBPF) (FRANKFURT: X6C) is pleased to announce drill final results for holes P17–33 through P17–40, the last eight holes from the 2017 Pamlico Phase II drill program. Drill holes P17–33, 34 and 35, all contain significant oxide gold intercepts that confirm and extend high–grade mineralization along the K and J Zones trends within the Merritt target area. Although individual samples from the these three holes vary up to 56.7 g/T gold (Au), they also continue to highlight broader, lower grade, intervals of near surface bulk tonnage potential. See the Company's website for the latest drill hole locations map (link here).

Further, the Company plans to begin the Phase III drill program in early February, 2018. This drilling program will test both new carbonate (sediment) and volcanic hosted gold targets across the Pamlico property.

Assay Table: Holes P17–33 to P17–40

Hole   From (m)   To (m)   Length (m)   Au (g/T)   Azimuth   Inclination   TD (m)
P17–33   0.0   53.4   53.4   2.36   196   –85   76.1
  Including   19.0   23.6   4.6   8.30            
  And   34.3   37.4   3.1   18.08            
P17–34   13.7   31.2   17.5   0.71   195   –85   76.1
  Including   16.8   18.3   1.5   6.77            
P17–35   24.4   42.7   18.3   2.51   195   –85   76.1
  Including   32.0   33.5   1.5   26.10            
P17–36   39.6   48.8   9.2   0.74   195   –85   76.1
P17–37   38.1   50.3   12.2   0.61   195   –70   91.3
P17–38   28.9   35.1   6.2   1.10   195   –70   152.2
P17–39   No Significant Mineralization
P17–40   No Significant Mineralization

All results reported are length–weighted averages with no grade capping applied. Drill intercepts are for the actual drilled intercept length and may not represent true widths. Insufficient data currently exists to estimate true width.

A complete tabulation of the Company's drill intercepts, drill hole location map and drill statistics is available on the Company's website at www.newrangegold.com.

Discussion of Drill Results

Holes P17–33 and P17–34 offset high–grade drill holes P17–31 and P17–32, which were reported in the Company's news releases dated November 6, 2017. Drill hole P17–33 extends the K Zone to the northwest, while hole P17–34, drilled on the same line extends gold mineralization to the southeast. Holes P17–33 and P17–34 both intersected high–grade gold mineralization within broad “halos” of web–like, stockwork style mineralization, similar to that encountered in holes P17–18, 31 and 32. Hole P17–35 provides additional infill and extension of the J–Zone to the northwest with selective high–grade iron oxide style gold veining within a broader lower grade halo.

Hole P17–36 appears to have been collared too close to the edge of the J–Zone and overshot the target, however a 9.2 meter intercept of 0.74 g/T Au suggests that additional favorable structure and stratigraphy are present in the footwall of this zone.

Holes P17–37 and P17–38 were drilled roughly along trend from the K–Zone area, but encountered dramatically different host rocks and structure than expected. Although the targeted host rock sequence is much thinner in this immediate area due to faulting or stratigraphic variation, both holes produced significant intercepts as shown in the assay table. Significantly, these intercepts plus broader zones of lower grade mineralization, suggest the gold system is still present in this area as it continues to the northwest. Holes P17–39 and P17–40 did not intersect significant mineralization and appear to have missed their respective targeted structures.

Since acquiring Pamlico, the Company's exploration efforts have been highly focused on the Merritt target area, which represents less than 1% of the Pamlico property. This work, designed to develop a high confidence, strong predictive model of the complex geology and very high–grade mineralization at Pamlico has been exceptionally successful and will be an invaluable guide in exploring for other high priority targets, building on the Company's initial results in the Merritt Area.

This work has:

  • Identified multiple new, shallow, high–grade, structurally controlled zones of mineralization.
  • Identified large areas of stockwork / disseminated mineralization potentially amenable to bulk surface mining methods.
  • Defined an exceptionally favorable volcanic host rock unit which is the preferred host for the majority of all historic production and virtually all newly discovered mineralization at Pamlico.
  • Identified additional similar highly favorable volcanic units at depth, materially increasing the size potential of Pamlico.
  • Defined an extremely deep level of thorough oxidation extending 200 meters below the surface.

2018 Exploration and Drilling Program
As presently known, six (6) large, high potential exploration areas exist at Pamlico and include: the E–W, Gold Box, “B”, East Zone North and East Zone South in addition to the 2.7 kilometer long Pamlico Ridge Trend. In total, these areas have a combined strike length of more than 14.2 kilometers.

With drilling starting in early February 2018, Newrange will:

  • Focus on establishing a multi–million ounce near–surface oxide gold resource within the larger Pamlico exploration area during the 2018–2019 drilling campaigns. This figure is conceptual in nature (see note below).
  • Expand drilling into the East Zone North area to explore sediment hosted mineralization.
  • Conduct step–out drilling along trend in the Merritt Area.
  • Initiate drilling in the 1300 by 700 meter, Pediment Zone north of the Merritt decline to explore for extensions of the Merritt zone high–grade mineralization.
  • Initiate drilling in the Pamlico Ridge Trend including the intersecting E–W Zone.
  • Metallurgical sampling and test work to assess preferred metallurgical recovery methods.
  • Continue to expand its surface and underground mapping and sampling programs. Expand geochemical surveys in areas identified as prospective for mineralization in the Company's ongoing geological mapping program for future drill targeting.

Note: This figure is conceptual in nature and derived from a compilation of 40 Newrange Gold drill holes and underground channel sampling in and around the Merritt Area. To date, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Terms of Reference

In this news release, all references to grams per tonne (denoted g/T Au) are grams per metric ton of 1,000 kilograms (2,204.62 pounds). To convert grams per metric tonne to troy ounces per short ton of 2,000 pounds oz/t Au, multiply g/T Au by 0.029167.

Quality Assurance/Quality Control

Mr. Robert G. Carrington, P. Geo, a Qualified Person as defined by National Instrument 43–101, the President and CEO of the Company, has reviewed, verified and approved for disclosure the technical information contained in this news release. All drilling was by Reverse Circulation (RC) methods using a five inch diameter center recovery bit. All drilling was supervised by professional geologists. Drill cuttings were captured in a closed system cyclone, then riffle split in a three tiered Jones–type splitter, generating an average sample weight of 10.5 kilograms. Samples are then securely delivered to ALS–Chemex in Sparks, Nevada for sample preparation and analysis. Samples were dried then stage crushed to 80% passing 10 mesh. A 1,000 gram sub–sample was then split out and pulverized to 140 mesh from which 50 gram samples were split for analysis by fire assay with atomic absorption finish. All samples assaying more than 10 g/T Au are checked and re–assayed using fire assay (FA) with a gravimetric finish. In addition to the QA – QC conducted by the laboratory, the Company inserts blanks, standards and certified reference material (CRM) at a rate of not less than 1 in 20.

About Pamlico

Located 12 miles southeast of Hawthorne, Nevada, along US Highway 95, the project has excellent access and infrastructure, a mild, year–round operating climate and strong political support from Mineral County, one of the most pro–mining counties in the pro–mining state of Nevada. The Pamlico project covers the historic Pamlico group of mines, as well as the nearby Good Hope, Gold Bar and Sunset mines.

Discovered in 1884, Pamlico rapidly gained a reputation as being one of Nevada's highest grade gold districts. Held by private interests for most of its history, the property remains underexplored in terms of modern exploration.

About Newrange Gold Corp.

Newrange is an aggressive exploration and development company focused on near to intermediate term production opportunities in favorable jurisdictions, including Nevada, Colorado and Colombia. Focused on developing shareholder value through exploration and development of key projects, the Company is committed to building sustainable value for all stakeholders. Further information can be found on our website at www.newrangegold.com.

Signed: “Robert G. Carrington”
President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward–Looking Statement:

Some of the statements in this news release contain forward–looking information that involves inherent risk and uncertainty affecting the business of Newrange Gold Corp. Actual results may differ materially from those currently anticipated in such statements.

What Retirees & Second-Home Buyers Are Looking For in a Community in 2018

VINEYARD HAVEN, MA—(Marketwired – January 31, 2018) – Buyer interest in master–planned golf and water view community homes made a comeback in 2017. Interest that was once mainly focused on the coast has now moved inland to include communities on lakes and other regions.

“A rising economy, healthy primary real estate markets and a booming stock market's wealth effect all contributed to a resurgence of interest,” says David Lott, founder and publisher of the Golf Course Home Network and GolfCourseHome.com. The GCH Network features more than 100 country club communities.

“A large percentage of our visitors are people on the cusp of retiring, and this coveted demographic flocked to communities that cater to retirees while offering a variety of popular amenities,” says Lott.

“The varied amenity menu is a key to the resurgence. It's not just about golf anymore.”

Communities Adjust to Market Forces

The Great Recession and the slowdown of golf's growth in the past 15 years contributed to a downturn in interest in golf communities.

“But communities have adjusted to the market,” says Lott. “Now you have nature centers, yoga and pilates classes. Passion–powered interests ranging from pottery, wine and education to hiking, kayaking, sailing and fishing have inspired communities to branch out and develop opportunities for passions to be followed.

“In some extreme instances, golf courses have been ripped out to make way for these interests. Family centered activities are big as well with the creation of village hubs and outdoor performance centers where families can gather, engage and be entertained. Family and generational interaction has become integral to community life and a key element for success.”

Traffic and Inquiries Surge

The result of this renewed interest was a surge in visitor traffic and sales inquiries for Golf Course Home's Featured Communities.

Visitor traffic to GolfCourseHome.com jumped more than 20 percent in 2017 which sparked a significant surge in inquiries which were up 43 percent over 2016. That trend has continued in 2018.

Most Popular Amenities

Retirement communities were the most popular type of community. Amenities at the top of visitor must–have lists were marinas, 24–hour security and lake access, in that order.

Oceanfront and island communities were another important must–have.

Community of the Year

The 2017 Golf Course Home Community of the Year, Harbour Ridge Yacht & Country Club in Stuart, FL, fulfilled nearly all of these needs, earning it top honors as the most visited community on the GCH Network for the third year in a row.

Harbour Ridge features a marina on the St. Lucie River, giving boaters easy access to the Atlantic. The community also offers two championship golf courses, tennis, fitness, swimming, and a deluxe clubhouse, enabling it to hit nearly every checkbox for buyers looking for their ideal community.

GolfCourseHome.com and WaterViewHome.net are the core websites of the Golf Course Home® Network which features more than 100 master–planned golf and water view club communities in the U.S. and Mexico.

Image Available: http://www.marketwire.com/library/MwGo/2018/1/13/11G149404/Images/harbour_ridge_featured_photo–77af8727be0fa4c2bff970d8250b5d41.jpg

What Retirees & Second-Home Buyers Are Looking For in a Community in 2018

VINEYARD HAVEN, MA—(Marketwired – January 31, 2018) – Buyer interest in master–planned golf and water view community homes made a comeback in 2017. Interest that was once mainly focused on the coast has now moved inland to include communities on lakes and other regions.

“A rising economy, healthy primary real estate markets and a booming stock market's wealth effect all contributed to a resurgence of interest,” says David Lott, founder and publisher of the Golf Course Home Network and GolfCourseHome.com. The GCH Network features more than 100 country club communities.

“A large percentage of our visitors are people on the cusp of retiring, and this coveted demographic flocked to communities that cater to retirees while offering a variety of popular amenities,” says Lott.

“The varied amenity menu is a key to the resurgence. It's not just about golf anymore.”

Communities Adjust to Market Forces

The Great Recession and the slowdown of golf's growth in the past 15 years contributed to a downturn in interest in golf communities.

“But communities have adjusted to the market,” says Lott. “Now you have nature centers, yoga and pilates classes. Passion–powered interests ranging from pottery, wine and education to hiking, kayaking, sailing and fishing have inspired communities to branch out and develop opportunities for passions to be followed.

“In some extreme instances, golf courses have been ripped out to make way for these interests. Family centered activities are big as well with the creation of village hubs and outdoor performance centers where families can gather, engage and be entertained. Family and generational interaction has become integral to community life and a key element for success.”

Traffic and Inquiries Surge

The result of this renewed interest was a surge in visitor traffic and sales inquiries for Golf Course Home's Featured Communities.

Visitor traffic to GolfCourseHome.com jumped more than 20 percent in 2017 which sparked a significant surge in inquiries which were up 43 percent over 2016. That trend has continued in 2018.

Most Popular Amenities

Retirement communities were the most popular type of community. Amenities at the top of visitor must–have lists were marinas, 24–hour security and lake access, in that order.

Oceanfront and island communities were another important must–have.

Community of the Year

The 2017 Golf Course Home Community of the Year, Harbour Ridge Yacht & Country Club in Stuart, FL, fulfilled nearly all of these needs, earning it top honors as the most visited community on the GCH Network for the third year in a row.

Harbour Ridge features a marina on the St. Lucie River, giving boaters easy access to the Atlantic. The community also offers two championship golf courses, tennis, fitness, swimming, and a deluxe clubhouse, enabling it to hit nearly every checkbox for buyers looking for their ideal community.

GolfCourseHome.com and WaterViewHome.net are the core websites of the Golf Course Home® Network which features more than 100 master–planned golf and water view club communities in the U.S. and Mexico.

Image Available: http://www.marketwire.com/library/MwGo/2018/1/13/11G149404/Images/harbour_ridge_featured_photo–77af8727be0fa4c2bff970d8250b5d41.jpg

Necedah Area School District Chooses D2L's Brightspace Over Blackboard Learn to Meet the Diverse Learning Needs of Their K-12 Students

WATERLOO, ON—(Marketwired – January 31, 2018) – D2L, the global learning technology leader, announces that the Necedah Area School District of Wisconsin (Necedah) has chosen its Brightspace Learning Management System (LMS) to transform the learning experience for their teachers and students.

“We are committed to preparing our students to become productive, life–long learners and to successfully navigate an ever–changing world,” said Mark Becker, Middle School/High School Principal, Necedah Area School District. “D2L understands our vision, and Brightspace will become the central platform to deliver an active and mobile learning environment to ensure our students reach their full potential.”

In a competitive review process, which included Blackboard Learn, the leaders at Necedah chose Brightspace to replace its existing LMS, PowerSchool Learning (Formerly Haiku). Brightspace stood apart for its ability to reach students across any device to access course materials and updates, delivered through its intuitively designed interface built specifically for K–12 students.

Implementation will occur over the course of the 2018 school year. A select group of teachers and students will begin using Brightspace, and then train new users throughout the rollout.

“Necedah's leadership knows today's students benefit from a learning environment that delivers choice, flexibility and freedom,” said John Baker, President and CEO of D2L. “From kindergarten to high school, Brightspace will enhance the teaching and learning experience for all students, and we look forward to working with Necedah to fulfill their goal of reaching every learner.”

ABOUT BRIGHTSPACE
Brightspace is a cloud–based learning platform that makes online and blended learning easy, flexible, and smart. Brightspace is a quantum leap beyond traditional Learning Management System (LMS) — it is easy to drag–and–drop content to create engaging courses, supports all mobile devices, has industry–leading uptime, and is accessible for all learners. Plus, Brightspace enables the future of learning with a gaming engine, adaptive learning, video management, intelligent agents, templated interactives for course design, full support for outcomes or competency–based learning, and actionable learning analytics.

D2L's Brightspace was recently named the #1 LMS in Higher Ed by Ovum Research and #1 in Adaptive Learning by eLearning Magazine. In addition, Aragon Research included D2L in its highly coveted Hot Vendors In Learning list.

ABOUT D2L
D2L believes learning is the foundation upon which all progress and achievement rests. Working closely with clients, D2L has transformed the way millions of people learn online and in the classroom. Learn more about D2L for schools, higher education and businesses at www.D2L.com.

© 2018 D2L Corporation.

The D2L family of companies includes D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd and D2L Brasil Soluções de Tecnologia para Educação Ltda. All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks.

All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks.