Friday, November 18, 2016

Updates in #Biotech, #Technology, #Marijuana, #Energy, #Luxury & #Defense

#Biotech #Stocks $CANF, $CGIX, $CASC, $CBIO, $CERC, $CANF, $CEMI, $CBAY and $MYAN added to Investor Ideas

Updates in #Biotech, #Technology, #Marijuana, #Energy, #Luxury & #Defense



Point Roberts, WA, Delta BC – November 18, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its membership global stock directories in biotech, technology, marijuana, energy, luxury and defense sectors.

Biotech stocks added this week include companies involved in oncology, cancer research, hematology, neuro and psychiatric treatment, point-of-care diagnostics and the treatment of infectious disease.

New technology stocks added include the blockchain and wireless sub-sectors.

Also updated were the marijuana/cannabis/hemp stocks list and a new addition was made to energy stocks with emerging oil and gas exploration and development company Pennine Petroleum Corporation (TSX PNN.V).

The luxury brands stock list now includes a sub-sector for Luxury Jewelry Brands and new companies Birks Group Inc. (NYSE:BGI), DGSE Companies, Inc. (NYSE MKT: DGSE), Movado Group, Inc. (NYSE:MOV) and Signet Jewelers Limited (NYSE: SIG) have been added to both.


Biotech Companies Added:
Can-Fite BioPharma Ltd. (NYSE MKT: CANF), Cancer Genetics, Inc. (NASDAQCM: CGIX), Cascadian Therapeutics, Inc. (NASDAQGS: CASC), Catalyst Biosciences, Inc. (NASDAQCM: CBIO), Cerecor, Inc. (NASDAQCM: CERC), Chembio Diagnostics, Inc. (NASDAQCM: CEMI), Curetis N.V. (Euronext: CURE), Cymabay Therapeutics, Inc. (NASDAQCM: CBAY), Radient Technologies Inc. (TSX:RTI.V) and MYnd Analytics, Inc. (OTC:MYAN)        

Marijuana Companies Added:
Gilla Inc. (OTCQB:GLLA) manufactures, markets and distributes E-liquid, which is the liquid used in vaporizers, E-cigarettes, and other vaping hardware and accessories. E-liquid is heated by the atomizer to deliver the sensation of smoking. Gilla aims to be a global leader in the manufacturing and distribution of E-liquid for the vapor industry. The Company provides consumers with choice and quality across categories and price points. Gilla's product portfolio includes Coil Glaze, The Drip Factory, Surf Sauce, Siren, VaporLiq, Craft Vapes, Craft Clouds, Vape Warriors, Miss Pennysworth's Elixirs, The Mad Alchemist, Replicant and Crown E-liquid brands. Marijuana: Gilla's new brand of CBD E-liquid products will be marketed under the new label "Enriched" and www.enrichedvapor.com

MyDx, Inc. (OTC:MYDX) is a chemical detection and sensor technology company based in San Diego, California whose mission is to help people Trust & Verify® what they put into their minds and bodies. The Company developed MyDx®, a patented, affordable portable analyzer that provides real-time chemical analysis and fits in the palm of the user’s hand. The multi-use MyDx analyzer leverages over a decade of established chemical detection technology to measure chemicals of interest. The Company owns a substantial and growing intellectual property portfolio of patents covering its technology. The MyDx CannaDx™, AquaDx™ and OrganaDx™ sensors are now commercialized, and the AeroDx™ application is next in line. All Sensors will be compatible with a MyDx App that empowers consumers to test the chemical composition of what they eat, drink and inhale.

Northsight Capital Inc. (OTC:NCAP) is comprised of a portfolio of online marijuana-related websites that are being developed and operated by the company. These sites incorporate many aspects of the marijuana industry. The company provides its audience with a means to stay informed on the industry's most cutting edge marijuana-related innovations and legislation. The company's most dynamic concept, WeedDepot.com, provides consumers with a geo-targeted map directory of medical and recreational dispensaries, head shops, doctors, attorneys and more within the marijuana industry. The Weed Depot app can be downloaded for free at the iTunes Store and Google Play. Weed Depot has an entire platform of content suited for every aspect of advertising and marketing to consumers from all businesses in the cannabis industry. Northsight's current websites include: www.Weeddepot.com, www.420careers.com, www.MJBizwire.com, www.MarijuanaRecipes.com, www.RateMyStrain.com, www.WikiWeed.com, www.MarijuanaMd.com, and www.MarijuanaHealthTips.com

Radient Technologies Inc. (TSX:RTI.V) extracts natural compounds from a range of biological materials using microwave assisted processing ("MAP™"), a patented technology platform which provides superior customer outcomes in terms of ingredient purity, yield, and cost. From its 20,000 square foot manufacturing plant in Edmonton, Alberta, Radient serves market leaders in industries that include pharmaceutical, food, beverage, natural health, personal care and biofuel markets. Marijuana November 14 press release announces foray in the fast emerging cannabinoids medical market.

Technology Companies Added:
Arkados Group, Inc. (OTC:AKDS) through its subsidiaries is a global provider of scalable and interoperable Internet of Things (IoT) solutions focused on industrial automation and energy management. The Company's solutions are uniquely designed to drive a wide variety of wireless and powerline communication (PLC)-based products, such as sensors, gateways, video cameras, appliances and other devices. By utilizing the Company's solutions, Arkados' customers can bring numerous sophisticated, full-featured products to market faster at a lower overall development cost. Arkados® is a registered trademark of Arkados Group, Inc.

Coinsilium Group Limited (ISDX:COIN) facilitate the creation and mainstream implementation of blockchain technology products and services from our head-quarters in the global financial hub of London. Coinsilium is a 'first mover' in connecting the mainstream public through the public capital markets, with the blockchain/decentralised
network technology ecosystem and the opportunities this internet evolution brings. Our brand-new Accelerator program Blockchain Space works with brilliant entrepreneurs to help them launch, position and commercialise their crypto and blockchain businesses.

Energy Companies Added:
Pennine Petroleum Corporation (TSX PNN.V) is an emerging oil and gas exploration and development company currently active in Albania and the Canadian provinces of Alberta and Saskatchewan.

Defense Companies Added:
Black Box Corporation (NasdaqGS: BBOX) is a leading technology solutions provider dedicated to helping customers build, manage, optimize, and secure their IT infrastructure. Black Box delivers high-value products and services through its global presence and more than 3,500 team members.  Defense: Black Box is a leading communications system integrator serving all branches of the military. Black Box designs, sources, implements, and maintains complete communications solutions on 6 continents.

Luxury Brand Companies Added:
Birks Group Inc. (NYSE:BGI) is a leading operator of luxury jewelry stores in Canada and Southeastern United States. The Company operates 26 stores under the Birks brand in most major metropolitan markets in Canada , 17 stores in Florida and Georgia under the Mayors brand, one store under the Rolex brand name and two retail locations in Calgary and Vancouver under the Brinkhaus brand. Birks was founded in 1879 and developed over the years into Canada's premier retailer and designer of fine jewelry, timepieces and gifts. Mayors was founded in 1910 and has maintained the intimacy of a family-owned boutique while becoming renowned for its fine jewelry, timepieces and service.

DGSE Companies, Inc. (NYSE MKT: DGSE) wholesales and retails jewelry, diamonds, fine watches, and precious metal bullion and rare coin products through its Charleston Gold & Diamond Exchange and Dallas Gold & Silver Exchange operations. DGSE also owns Fairchild International, Inc., one of the largest vintage watch wholesalers in the country. In addition to its retail facilities in South Carolina and Texas, the Company operates websites which can be accessed at www.dgse.com and www.cgdeinc.com. Real-time price quotations and real-time order execution in precious metals are provided on another DGSE website at www.USBullionExchange.com. Wholesale customers can access the full vintage watch inventory through the restricted site at www.FairchildWatches.com. The Company is headquartered in Dallas, Texas.

Movado Group, Inc. (NYSE:MOV) Movado Group, Inc. designs, sources, and distributes MOVADO®, EBEL®, CONCORD®, ESQ® Movado, COACH®, TOMMY HILFIGER®, HUGO BOSS®, JUICY COUTURE®, LACOSTE® and SCUDERIA FERRARI® watches worldwide, and operates Movado company stores in the United States.

Signet Jewelers Limited (NYSE: SIG) is the world's largest retailer of diamond jewelry. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda.

Investorideas.com global stock directories are part of its membership program, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

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Thursday, November 17, 2016

Gopher Protocol (OTCQB: $GOPH) to Release Basic Version of GuardianPack GPS/Cellular-Based Application for Tracking Groups Over Smartphones



SAN DIEGO, CA - November 17, 2016 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB:GOPH) ("Gopher" and the "Company"), a development-stage company which specializes in the development of real-time, heuristic-based mobile technologies, and its partner, Guardian Patch LLC ("Guardian"), announced today their release of a basic test version of their "GuardianPack" tracking application for IOS systems only, using GPS through a smartphone or through the web. The Company and Guardian are currently developing the GuardianPack as an application for both IOS and Android systems, as well as for browser-based applications, which upon development will allow the tracking of users who provide permissions in locations covered by GPS. The Company intends to provide the GuardianPack application for free to any user throughout the world.




Figure: GuardianPack -- Real Live-Tracking Tests Results Click here for high-resolution version

The basic test version of the GuardianPack application is available for free download on the Apple Store under the name "GuardianPack".

"As we work to keep our followers up-to-date on our progress, including our intended forthcoming release of GuardianPack, we are excited to deliver to the public the first basic test version of GuardianPack for free download. We continue to work to convey to the public our unique technological capabilities in tracking moving objects and we also look forward to the future introductions of our "Guardian Patch" and "Sphere" technology platforms, upon development. We believe our technologies differentiate themselves from existing tracking applications which typically minimize their free services in stark contrast to our free services which also utilize additional methods of tracking objects utilizing our proprietary geo-positioning and GopherInsight™ technologies", stated Dr. Rittman, the Company's CTO.


About Guardian Patch
The Guardian Patch (the "Patch"), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS.  The Patch is a "stick-on" device that provides its users with the capability to protect and track objects, a loved-one or even a pet, through a mobile application.  Download the Patch app, register your patch, and track anything that you own on your mobile device or on our designated website.  Register the Patches of your family members and friends to receive alerts in the event of an emergency.  Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's Patch.

About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the "Company") (http://gopherprotocol.com/) is a development-stage company developing a real-time, heuristic-based mobile technology.  Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server.  The system contemplates the creation of a global network.  Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine.  Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.

Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
VM Only 888-685-7336

Visit this company: http://gopherprotocol.com/

More info on GOPH at Investorideas.com Visit: http://www.investorideas.com/CO/GOPH/

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR , social media and publishing client and compensates Investorideas.com (effective April 4, 2016 - three thousand five hundred per month) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.




Wednesday, November 16, 2016

SilverCrest (TSXV: $SIL.V) Announces C$10 Million Bought Deal Financing

SilverCrest (TSXV: $SIL.V) Announces C$10 Million Bought Deal Financing



VANCOUVER, British Columbia - November 16, 2016 (Investorideas.com Newswire) NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  SilverCrest Metals Inc. (TSXV: $SIL.V) ("SilverCrest" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc. ("NBF") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 4,550,000 units of the Company (the "Units") at a price of C$2.20 per Unit (the "Issue Price") for gross proceeds to the Company of approximately C$10 million (the "Offering"). Each Unit will consist of one common share of SilverCrest (a "Common Share") and one half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one common share (a "Warrant Share") of SilverCrest at an exercise price of C$3.00. The Warrants will have a term of 24 months from the closing of the Offering.

In addition, SilverCrest has granted the Underwriters an option (the "Underwriters' Option"), exercisable at any time, in whole or in part, until the date that is 30 days following the closing of the Offering, to purchase up to an additional 15% of the number of Units solely to cover over-allotments, if any, and for market stabilization purposes. The Underwriters can elect to exercise the option for Units, Common Shares only, or Warrants only, or any combination thereof.

The net proceeds of the Offering will be used to continue Phase II of the exploration program at SilverCrest's Las Chispas Property and for general corporate purposes.
The Units to be issued under this Offering will be offered by way of a short form prospectus in all of the provinces of Canada, except Quebec.

The Offering is scheduled to close on or about December 6, 2016 and is subject to a number of conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

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 state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.


ABOUT SilverCrest Metals INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico’s historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible “phased approach” business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

N. Eric Fier, CPG, P.Eng.
CEO and President
SilverCrest Metals Inc.

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

Contact:
SilverCrest Metals Inc.
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 694-1761
Toll Free: 1-866-691-1730 (Canada & USA)
570 Granville Street, Suite 501, Vancouver, British Columbia V6C 3P1


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This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2016.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



Tuesday, November 15, 2016

NXT-ID, Inc. (NASDAQ: $NXTD) Announces Investor Webcast to Discuss Third Quarter Results

NXT-ID, Inc. (NASDAQ: $NXTD) Announces Investor Webcast to Discuss Third Quarter Results



MELBOURNE, Florida - November 15, 2016 -- (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW) ("NXT-ID" or the "Company") announces they will hold an investor webcast to discuss the Company's third quarter results.

The Company will hold the investor webcast on Thursday November 17, 2016 at 4:15 EDT.
Investors are invited to submit questions to investors@nxt-id.com for consideration prior to the webcast.

The webcast will be moderated by SoundView Technology Group analysts, with Gino Pereira, CEO of Nxt-ID and Vincent Miceli, CFO of Nxt-ID, discussing the Company's Quarterly Report (10-Q) filed on November 14, 2016 with the SEC.

Participants can register for the webcast at: http://edge.media-server.com/m/p/xc3o4awq

Date: November 17, 2016

Time: 4:15

The webcast call will be recorded and available for playback at NXT-ID's website: http://nxt-id.com/


About NXT- ID Inc. - Mobile Security for a Mobile World
Nxt-ID, Inc. (NASDAQ: NXTD) is a security technology Company providing security for finance, assets and healthcare. The Company's innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things ("IoT") applications. The Company's wholly owned subsidiary, LogicMark, LLC, manufactures and distributes nonmonitored and monitored personal emergency response systems ("PERS") sold through the United States Department of Veterans Affairs ("VA"), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors. http://nxt-id.com/,  http://wocketwallet.com/, http://www.logicmark.com.

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

NXT- ID Inc Contact :
Corporate info: info@nxt-id.com

Media:
D. Van Zant
800 665-0411

Visit this company: nxt-id.com; 3d-id.net; wocketwallet.com/

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.  Disclosure: Nxt-ID, Inc. (NXTD)  is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp


Monday, November 14, 2016

SilverCrest (TSXV: $SIL.V) Announces New Discovery at Las Chispas; Varela Veins with Multiple Results of Greater Than 1,400 gpt AgEq

SilverCrest (TSXV: $SIL.V) Announces New Discovery at Las Chispas; Varela Veins with Multiple Results of Greater Than 1,400 gpt AgEq



VANCOUVER, British Columbia - November 14, 2016 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: $SIL.V) ("SilverCrest" or the "Company") is pleased to announce an update on the underground rehabilitation program at its Las Chispas Property ("Las Chispas") located in Sonora, Mexico . SilverCrest's initial focus was on the Las Chispas, William Tell and Babicanora veins. Exploration has been expanded to include a new, recently discovered target at the historic Varela Mine. This mine has two near-parallel veins that are approximately 300 metres west of the William Tell Vein.

N. Eric Fier , CPG, P.Eng, President & CEO commented, "We continue to gain further access to historic workings and expand our high grade footprint at Las Chispas. The latest results from the ongoing underground rehabilitation are for the historic Varela Mine, which includes bonanza grades of up to 40.9 grams per tonne ("gpt") gold and 610.0 gpt silver or 3,677.5 gpt silver equivalent ("AgEq", based on 75(Ag): 1(Au) and 100% metallurgical recovery) over 0.3 metres. Our sample results on four levels are showing multiple grades of over 1,400 gpt AgEq. From visual inspection, the Varela Mine has two veins (the Main Vein and the Footwall Vein) and appears to have had less historical production than either the Las Chispas or William Tell veins. The grades mined at Varela may have been below an assumed historic cut-off grade of 1,000 gpt silver. SilverCrest plans on drill testing this target during the ongoing Phase II exploration program."

Underground Rehabilitation Update
The Company has accessed approximately 7 kilometres of underground workings to date, with an additional 4.5 kilometres to be opened and explored over the next several months.

As SilverCrest opens and explores the underground workings, the Company continues to systemically collect samples at intervals of two to three metres along strike length of veins.

The Company collected a total of 318 samples at the Varela veins from 450 metres of underground access as reported below (see attached Figure and Photo). Of the 318 samples tested, 129 were vein samples and used for assay composites. The remaining samples were of hangingwall and footwall material. Sampling locations and widths are restricted to historic workings, which may only represent part of the mineralized vein, stockwork or breccia. The Company plans to complete drilling at the Varela veins to determine the location, true thickness and extent of mineralization.

The composited sample results (uncut, undiluted) for this release for four underground levels are;
·        Level 1: average 0.53 metres wide grading 2.96 gpt gold and 47.0 gpt silver, or 330 gpt AgEq over a continuous 6.5 metre strike length.
·        Level 2: average 0.69 metres wide grading 1.22 gpt gold and 114.1 gpt silver, or 205 gpt AgEq over a continuous 10 metre strike length.
·        Level 3: average 0.88 metres wide grading 4.76 gpt gold and 147.6 gpt silver, or 504 gpt AgEq over a continuous 10 metre strike length.
·        Level 4: average 1.1 metres wide grading 3.13 gpt gold and 223.6 gpt silver, or 458 gpt AgEq over a continuous 80 metre strike length excluding 7 metres of faulting.

There appears to be an increase in vein width and grade from the near surface Level 1 (1,160 metre elevation) to the deeper Level 4 (1,130 metre elevation).

The following table summarizes the 17 most significant un-composited assay results (uncut, undiluted) greater than 500 gpt AgEq from the four levels at the El Sheik historic workings of the Varela Main Vein only;


Note: all numbers are rounded.
*AgEq based on 75(Ag):1(Au) and 100% metallurgical recovery.
** The underground sample width of mineralization may not be indicative of the true width of mineralization. Sampling widths are constrained by access to open faces. Drilling may suggest wider mineralized zones.


All assays were completed by ALS Chemex in Hermosillo, Mexico , and North Vancouver, BC.

The Varela veins are a low to intermediate sulphidation epithermal system immediately adjacent and near parallel to the Las Chispas and William Tell veins. The Varela veins consist of mineralized veining, stockwork or breccia. Similar to the Las Chispas Vein, the Varela veins are exposed at surface with numerous historic underground workings.
The Company intends to continue with the underground rehabilitation program on the property and reporting results for at least the remainder of 2016.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier , CPG, P.Eng, and President and CEO for SilverCrest, who has reviewed and approved its contents. For more information on Las Chispas and recent channel sampling results and drill results, please refer to our website at www.silvercrestmetals.com.





ABOUT SilverCrest Metals INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico’s historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible “phased approach” business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

N. Eric Fier, CPG, P.Eng.
CEO and President
SilverCrest Metals Inc.

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


Source: Silvercrest Metals Inc.

Contact:
SilverCrest Metals Inc.
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 694-1761
Toll Free: 1-866-691-1730 (Canada & USA)
570 Granville Street, Suite 501, Vancouver, British Columbia V6C 3P1


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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.