Algodon Wines and Luxury Development Group Unveils Designer Fashion and Accessories Label: Gaucho – Buenos Aires

NEW YORK, NY—(Marketwired – April 20, 2018) – Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a collection of luxury assets, real estate holdings and premium wines in Argentina, today announced the unveiling of its new designer fashion and accessories label, Gaucho – Buenos Aires, to be launched on Algodon's new e–commerce platform at Founded by entrepreneur Scott Mathis and headed up by Argentine designers Santiago Gallo and Carmen Vils, Gaucho – Buenos Aires harnesses all these characteristics. Blending the quality of a bygone era with a sophisticated, modern, global outlook, the brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label. Gaucho – Buenos Aires expects to release its initial collection in Fall/Winter 2018.

Gaucho – Buenos Aires embodies the spirit of Argentina — its grand history, its folklore and its revival as a global center of luxury. Inspired by the sophisticated elegance of the great European maisons, Gaucho – Buenos Aires is also rooted in the traditions of native, nomadic culture. With its ambitious couture, ready–to–wear and high–street fashion offering, this is the brand in which Argentine luxury finds its contemporary expression.

“Algodon Wines and Luxury Development Group is now one step closer to its objective of creating the LVMH of Latin America,” said Scott Mathis, Algodon's founder, chairman and CEO. “The decision to launch Gaucho – Buenos Aires is a natural extension of that vision. Stemming from our original mission and geographic region, Gaucho – Buenos Aires was formed to take Algodon one step closer to achieving our goal of becoming the dominant player in Latin America's luxury consumer goods and real estate offerings. Gaucho – Buenos Aires intends to operate primarily in the e–commerce space, offering proprietary upscale goods to the world, providing Algodon the opportunity to scale both its revenues and global brand reach,” concluded Mathis.

Established in Buenos Aires, the Gaucho story is one of impeccable timing. Once dubbed the Paris of South America for its exquisite Belle Epoque style, the city is thriving again and entering a new golden age. The time is ripe for Buenos Aires to align itself with Milan, New York, Paris and London as a global fashion capital, and Gaucho – Buenos Aires will be its bold ambassador.

Algodon's goal is to reintroduce the world to the grandeurs of the city's elegant past, intertwined with an altogether deeper cultural connection: the strength, honor and integrity of the Gaucho. Seen in the intricate stitching of handmade leather, or the exquisite workmanship of an embossed belt buckle, “Gaucho” style is a world–renowned symbol of Argentine craftsmanship. Blending the quality of a bygone era with a sophisticated, modern, global outlook, the brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label.

“Through beautifully handcrafted clothing and accessories, Gaucho – Buenos Aires will be a brand consumers can trust due to its high quality,” said Santiago Gallo, Lead Designer at Gaucho – Buenos Aires. “With our team's obsessive attention to detail, we are excited to make that happen. I look forward to working with both Scott Mathis and Carmen Vils to bring the vision behind Gaucho – Buenos Aires to life.”

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About Algodon Wines & Luxury Development Group (Algodon Group)
Algodon Group's mission is to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. By utilizing our proprietary collection of wine, hospitality, fashion brands, and real estate holdings as a foundation, we seek to expand our wide range of assets with the goal of becoming the “LVMH” of Argentina and greater South America. In building our luxury brand ALGODON®, one of prestige, distinction and elegance, we begin with a focus on the quality and reputation of our award–wining wines. Algodon Wines ultimately serve as our ambassador, as we then identify and develop vineyard operations, luxury lifestyle properties, and other real estate assets and opportunities. Our company has a passion for seeking outstanding opportunities, with the potential for growth, in spectacular settings. As we continue to produce the ultra–fine wines for which we have become recognized, we expect that our reputation for quality will only continue to grow and accordingly increase the value of our company's brand and real estate holdings. Algodon's non–leveraged, luxury assets serve as our mainstay and are currently concentrated in Argentina, which we believe represents one of the most undervalued investment sectors in the world today. For more information, please visit

Cautionary Note Regarding Forward–Looking Statements
The information discussed in this press release includes “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward–looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward–looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Among these risks are those set forth in a Form 10–K filed on March 30, 2018. It is important that each person reviewing this release understand the significant risks attendant to the operations of Algodon. Algodon disclaims any obligation to update any forward–looking statement made herein.

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Bombardier Signs Long-Term Maintenance Contract for Melbourne's First High-Capacity Signalling System

BERLIN, GERMANY—(Marketwired – Apr 18, 2018) –

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Bombardier's full–package OPTIFLO rail control services solution will help keep trains moving in Melbourne

Bombardier will provide its rail control maintenance services for the Metro Tunnel Project under construction in Melbourne

Rail technology leader Bombardier Transportation announced today that it has signed a contract with Metro Trains Melbourne (MTM) to provide ten years of maintenance services for its rail control solution being delivered for Melbourne's new Metro Tunnel Project. The contract is valued at approximately 77 million AUD ($60 million US, 48 million euro) and includes an option for five additional years of maintenance services.

Commenting on the contract award, Andrew Dudgeon, Managing Director of Bombardier Transportation Australia, said, “This order reflects our ongoing commitment to improving urban mobility across Melbourne. Bombardier's range of signalling services will enhance rail network performance and greatly improve the passenger experience. We are excited to be delivering this project to Victorians.”

Bombardier will provide its full–service package from its OPTIFLO rail control services solution including the advanced EBI Tool Maintenance and Diagnostics Centre (MDC) which provides intelligent data analysis and predictive functionalities to prevent failures. In December 2017, Bombardier, as part of the Rail Systems Alliance (RSA), won the contract to install its high–capacity rail control solution for the 11 billion AUD Metro Tunnel Project in Melbourne, Victoria's largest ever investment in public transport.

Bombardier has been active in Australia for more than 60 years as a complete rail solution provider, delivering its extensive portfolio of winning mobility solutions from train and tram fleets to signalling, propulsion and control technology, mining solutions, asset management and through–life support on rail projects across the country. Its strong services portfolio complements its innovative products delivered, including 237 Vlocity commuter rail cars and 210 iconic E–Class trams for the Victoria region.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub–systems and signalling. The company also provides complete transport systems, e–mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.

About Bombardier

With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game–changing planes and trains. Our products and services provide world–class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at or follow us on Twitter @Bombardier.

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Significant Customer Completes Plant Trial of DRAGONITE(TM) Halloysite Clay

NEW YORK, NY—(Marketwired – April 18, 2018) – Applied Minerals, Inc. (the “Company” or “Applied Minerals”) (OTCQB: AMNL), a leading global producer of halloysite clay, under the trade name DRAGONITE, and advanced natural iron oxides, under the trade name AMIRON, is pleased to announce a leading producer of specialty molecular sieves has completed a successful plant trial of DRAGONITE halloysite clay.

According to Andre Zeitoun, President and CEO of Applied Minerals, Inc., “We are very excited with the progress of this opportunity as it involves one of the world's leading producers of specialty molecular sieves and catalysts. The successful plant trial validates the benefits of DRAGONITE halloysite clay for use as a functional additive to improve the performance of a specialty molecular sieve. In particular, the use of DRAGONITE (i) improves the resistance of molecular sieve material to wear (attrition resistance) and (ii) through its mesoporous structure, expands the range of molecules adsorbed by a molecular sieve (enhanced selectivity).

Zeitoun continued, “Our Director of Sales, Brian Newsome, continues to focus on converting the $23.0 million of revenue opportunities described in our 2018 – 2019 Revenue Outlook. We expect to provide similar updates on the progress of other pipeline opportunities as they develop.”

The customer expects to complete its field trials of DRAGONITE by the end of the second quarter of 2018. The trials will run DRAGONITE in an actual commercial environment and are the final steps to commercialization.

The Company expects this opportunity to commercialize during the fourth quarter of 2018. The estimated annual revenue of the opportunity is approximately $2.4 million.

This customer will be the second to commercialize a catalyst/molecular sieve application utilizing DRAGONITE as a functional additive.

About Applied Minerals
Applied Minerals is the leading producer of halloysite clay and advanced natural iron oxide solutions from its wholly owned Dragon Mine property in Utah. Halloysite is aluminosilicate clay that forms naturally occurring nanotubes. In addition to serving the traditional halloysite markets for use in technical ceramics and catalytic applications, the Company has developed niche applications that benefit from the tubular morphology of its halloysite. These applications include carriers of active ingredients in paints, coatings and building materials, environmental remediation, agricultural applications and high–performance additives and fillers for plastic composites. Applied Minerals markets its halloysite products under the DRAGONITE™ trade name.

From its Dragon Mine property, the Company also produces a range of ultra–pure natural iron oxides consisting of hematite and goethite. Combining ultra–high purity and consistent quality, the inherent properties of the iron oxide from the Dragon Mine allow for a wide range of end uses in pigment and technical applications. Applied Minerals markets its comprehensive line of advanced natural iron oxide pigments under the AMIRON™ trade name. Additional information on the Company can be found at and

Safe Harbor Statements
The following are safe harbor statements under the Private Securities Litigation Reform Act of 1995 for Applied Minerals, Inc. Some statements contained or implied in this news release may be considered forward–looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the Company's revenue pipeline, please refer to Applied Minerals' most recent annual and quarterly reports filed with the SEC. The Company assumes no obligation to update any forward–looking information.