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CIRC is now a winner 3 times against playboy
They won.
CIRC Waiting on the results from the hearing today. Monday is going to be interesting: Play Beverages/CirTran Beverage/CirTran Corporation Win over Playboy Corporation in California District Court
2nd Legal Win Regarding Playboy Energy Drink in 2 Months
Press Release: CirTran Corporation – Thu, Jan 31, 2013 8:57 AM EST
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CIRC 0.0016 +0.0001
SALT LAKE CITY--(BUSINESS WIRE)--
Play Beverages LLC, CirTran Beverage Corporation and CirTran Corporation (OTC BB: CIRC) announced today the U.S. District Court, Central District of California has ruled in their favor. The Court denied Playboy Enterprises International, Inc.’s (“Playboy”) motion for injunction and dismissed Playboy’s trademark lawsuit.
In an order issued January 30, 2013, U.S. District Judge S. James Otero ruled in favor of Play Beverages and CirTran in declining to enjoin Play Beverages from selling the Playboy Energy Drink. Judge Otero granted Play Beverages’ motion to dismiss the case without prejudice, finding that Playboy’s lawsuit was inappropriate under the forum selection clause of the License Agreement between Play Beverages and Playboy. Judge Otero ruled that Playboy could not bring its claims in California.
Less than two months ago, the U.S. Bankruptcy Court for the District of Utah ruled in favor of Play Beverages and the CirTran companies, vacating a bankruptcy and freeing the companies to take legal actions to protect the product license granted for its Playboy Energy Drink (see “U.S. Judge Takes Play Beverages LLC, Debtor to CirTran Beverage Corporation, Out of Bankruptcy, Free to Take Action to Protect Playboy Energy Drink Licenses,” BusinessWire, December 7, 2012).
That judge’s ruling took Play Beverages out of bankruptcy, enabling it to continue its action in state courts against Playboy Enterprises and others to protect its license to produce and sell Playboy Energy Drink.
“Today’s ruling marks continued good news for Play Beverages and the CirTran companies,” said Iehab J. Hawatmeh, CirTran’s president.
“We have been through nearly two years of legal actions, but now there are brighter skies on the horizon. Everyone at Play Beverages and CirTran is excited about getting back to business and regaining the momentum we worked so hard to build in expanding our beverage business and Playboy Energy Drink sales worldwide.”
Introduced in 2008, Playboy Energy Drink is manufactured and distributed exclusively by CirTran Beverage Corporation, a wholly owned subsidiary of CirTran Corporation (CIRC) under a product license from Playboy Enterprises to Play Beverages, and is currently available in more than 20 countries around the world.
Waiting on results from today's hearing for CIRC. it will be interesting on Monday.
CIRC will be interesting on Monday.
Waiting on results for today's hearing.
Play Beverages/CirTran Beverage/CirTran Corporation Win over Playboy Corporation in California District Court
2nd Legal Win Regarding Playboy Energy Drink in 2 Months
Press Release: CirTran Corporation – Thu, Jan 31, 2013 8:57 AM EST
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RELATED QUOTES
Symbol Price Change
CIRC 0.0016 +0.0001
SALT LAKE CITY--(BUSINESS WIRE)--
Play Beverages LLC, CirTran Beverage Corporation and CirTran Corporation (OTC BB: CIRC) announced today the U.S. District Court, Central District of California has ruled in their favor. The Court denied Playboy Enterprises International, Inc.’s (“Playboy”) motion for injunction and dismissed Playboy’s trademark lawsuit.
In an order issued January 30, 2013, U.S. District Judge S. James Otero ruled in favor of Play Beverages and CirTran in declining to enjoin Play Beverages from selling the Playboy Energy Drink. Judge Otero granted Play Beverages’ motion to dismiss the case without prejudice, finding that Playboy’s lawsuit was inappropriate under the forum selection clause of the License Agreement between Play Beverages and Playboy. Judge Otero ruled that Playboy could not bring its claims in California.
Less than two months ago, the U.S. Bankruptcy Court for the District of Utah ruled in favor of Play Beverages and the CirTran companies, vacating a bankruptcy and freeing the companies to take legal actions to protect the product license granted for its Playboy Energy Drink (see “U.S. Judge Takes Play Beverages LLC, Debtor to CirTran Beverage Corporation, Out of Bankruptcy, Free to Take Action to Protect Playboy Energy Drink Licenses,” BusinessWire, December 7, 2012).
That judge’s ruling took Play Beverages out of bankruptcy, enabling it to continue its action in state courts against Playboy Enterprises and others to protect its license to produce and sell Playboy Energy Drink.
“Today’s ruling marks continued good news for Play Beverages and the CirTran companies,” said Iehab J. Hawatmeh, CirTran’s president.
“We have been through nearly two years of legal actions, but now there are brighter skies on the horizon. Everyone at Play Beverages and CirTran is excited about getting back to business and regaining the momentum we worked so hard to build in expanding our beverage business and Playboy Energy Drink sales worldwide.”
Introduced in 2008, Playboy Energy Drink is manufactured and distributed exclusively by CirTran Beverage Corporation, a wholly owned subsidiary of CirTran Corporation (CIRC) under a product license from Playboy Enterprises to Play Beverages, and is currently available in more than 20 countries around the world.
Play Beverages/CirTran Beverage/CirTran Corporation Win over Playboy Corporation in California District Court
2nd Legal Win Regarding Playboy Energy Drink in 2 Months
Press Release: CirTran Corporation – Thu, Jan 31, 2013 8:57 AM EST
Email
RecommendTweet
Print
RELATED QUOTES
Symbol Price Change
CIRC 0.0016 +0.0001
SALT LAKE CITY--(BUSINESS WIRE)--
Play Beverages LLC, CirTran Beverage Corporation and CirTran Corporation (OTC BB: CIRC) announced today the U.S. District Court, Central District of California has ruled in their favor. The Court denied Playboy Enterprises International, Inc.’s (“Playboy”) motion for injunction and dismissed Playboy’s trademark lawsuit.
In an order issued January 30, 2013, U.S. District Judge S. James Otero ruled in favor of Play Beverages and CirTran in declining to enjoin Play Beverages from selling the Playboy Energy Drink. Judge Otero granted Play Beverages’ motion to dismiss the case without prejudice, finding that Playboy’s lawsuit was inappropriate under the forum selection clause of the License Agreement between Play Beverages and Playboy. Judge Otero ruled that Playboy could not bring its claims in California.
Less than two months ago, the U.S. Bankruptcy Court for the District of Utah ruled in favor of Play Beverages and the CirTran companies, vacating a bankruptcy and freeing the companies to take legal actions to protect the product license granted for its Playboy Energy Drink (see “U.S. Judge Takes Play Beverages LLC, Debtor to CirTran Beverage Corporation, Out of Bankruptcy, Free to Take Action to Protect Playboy Energy Drink Licenses,” BusinessWire, December 7, 2012).
That judge’s ruling took Play Beverages out of bankruptcy, enabling it to continue its action in state courts against Playboy Enterprises and others to protect its license to produce and sell Playboy Energy Drink.
“Today’s ruling marks continued good news for Play Beverages and the CirTran companies,” said Iehab J. Hawatmeh, CirTran’s president.
“We have been through nearly two years of legal actions, but now there are brighter skies on the horizon. Everyone at Play Beverages and CirTran is excited about getting back to business and regaining the momentum we worked so hard to build in expanding our beverage business and Playboy Energy Drink sales worldwide.”
Introduced in 2008, Playboy Energy Drink is manufactured and distributed exclusively by CirTran Beverage Corporation, a wholly owned subsidiary of CirTran Corporation (CIRC) under a product license from Playboy Enterprises to Play Beverages, and is currently available in more than 20 countries around the world.
CIRC news out!!!!! They won!!!!!!!
NASDAQ is going to happen. It takes time and patience. They are going through all the correct steps necessary to achieve it. The paperwork takes time.
It's OTCB.QB... It is a higher level of a stock... On my previous post, it shows videos how the process works.. Valid stock
NaturalNano Inc. (OTCQB: NNAN)
Nanotechnology continues to dominate the headlines around the world in the scientific communities. Dozens of countries, hundreds of public institutions and private companies are rapidly pursuing the next big discovery. In the United States alone a record 4,000+ nanotechnology class patents were issued last year. Due to an increasing amount of competitors in this industry it is hard to decipher which entities have patented nanotechnology that has real marketable use.
NaturalNano Inc. is a company that has twenty issued and pending patents that have the potential to be used in numerous markets. A recent video released by the company validates that they have a serviceable product that can be used in cancer patients. The video can be found at http://www.jove.com/video/4248/rapid-isolation-viable-circulating-tumor-cells-from-patient-blood. The video demonstrates the ability to isolate tumor cells from cancer patient blood samples. This method is made possible by the use of NaturalNano's halloysite nanotubes.
NaturalNano Inc. has five specific sectors it plans to focus on in 2013. They are automotive, military, aerospace, packaging, and electronics. Several advances are being developed to improve the automotive industry. The goal is to make a lighter vehicle while providing a more efficient high energy storage capacitor to replace batteries. Military vehicles would also benefit as they would be lighter and able to transport larger loads. Aerospace could experience longer and faster flights due to lighter aircraft. The packaging industry is a $433 Billion market. The nanotechnology being developed could make packages stronger and thinner. Once developed the company has the resources to capture a large share of that market. The development of a high energy storage capacitor would be very useful in the electronics market. Most cordless electronics require batteries. This nanotechnology would provide a more efficient and longer lasting power source.
Deximus, I agree with you 100 percent.
PlayInTheGreen some people out there do not have large amounts of money to invest. They only invest what they have.
Been in twice. Now loading up shares to hold for longer term. Plus doubled up on amount of shares I own.
There is no manipulation. People are flipping to make quick profits.
BCCI is $$$$$$$$$$$$$$
Sale and Purchase Agreement between the Company and TaeguTec, the Company agrees that it shall have such tungsten concentrates toll processed by a third party for the purpose of supplying the resultant APT and/or tungsten oxides to TaeguTec to the extent commercially reasonable and necessary to meet Company’s supply obligation to TaeguTec. For the avoidance of doubt, any such action taken by the Company pursuant to the immediately preceding sentence shall not in any event be deemed to a breach under any provision of this Agreement or any of the Ancillary Agreements.
Section 2.02 Issuance of Equity Interests. Subject to the terms and conditions of this Agreement, at the Initial Closing and in consideration for the Initial Capital Contributions and the Equityholders’ respective commitments to make the Subsequent Contributions, the Equity- holders shall cause the Company to:
(a) issue to IMC Equity Interests, free and clear of Liens, except for Liens created pursuant to this Agreement or any of the Ancillary Agreements, representing 55.0% of all outstanding Equity Interests in the Company; and
(b) issue to Woulfe Equity Interests in the Company, free and clear of Liens, except for Liens created pursuant to this Agreement or any of the Ancillary Agreements, representing 45.0% of all outstanding Equity Interests in the Company (collectively, the “Initial Equity Issuances”).
Section 2.03 Subsequent Contributions.
(a) From and after the Initial Closing Date, upon the good faith reasonable de- termination of the Board that additional capital is necessary or appropriate for the development of the Company and the Business as contemplated by this Agreement and the Ancillary Agreements, (1) the Board may deliver a notice to each of IMC and Woulfe (each, a “Subsequent Contribution Notice”), setting forth the amount of additional capital so determined to be necessary or appropriate (each such amount, a “Subsequent Contribution” and collectively with the Initial Contributions, the “Contributions”) and (2) each of IMC and Woulfe shall, in consideration for the Initial Equity Issuances to IMC and Woulfe, respectively, deliver to the Company at the Subsequent Closing, in cash by wire transfer of immediately available funds to an account designated by the Company, its pro rata (in proportion to its respective Equity Interests in the Company) portion of the applicable Subsequent Contribution (respectively, for the applicable Subsequent Contribution, the “IMC Subsequent Contribution Amount” and “Woulfe Subsequent Contribution Amount”). Notwithstanding anything to the contrary contained herein, IMC shall not be required to make more than CAD 19,250,000 in Contribu- tions, in the aggregate, and Woulfe shall not be required to make more than CAD 15,750,000 in Contributions, in the aggregate.
(b) Subject to the proviso in Section 2.04(b), if at any time either IMC or Woulfe (with respect to Woulfe, if the Leakage Solution has been achieved, only to the extent that the Sangdong to Woulfe Payments are accessible to Woulfe through the TaeguTec to JV Loan and JV to Sangdong Loan as contemplated by Section 2.04) defaults under its obligations under subsection (a), which default is not cured within five (5) Business Days of notice of such default from the Company, then, without limitation to any other remedies that the other
-10-
Woulfe to clinch deal for tungsten project in Korea
2013.02.24 16:10
Woulfe Mining, a Canada-based mining company, is near finalizing a deal to invest some 300 billion won ($260 million) to finance the redevelopment of Sangdong tungsten mine in Yeongwol, Gangwon Province, said a source familiar with the situation.
The investment would also include building a processing plant in the region, with Woulfe’s strategic partner TaeguTec securing a long-term supply of the rare metal materials used for the production of its special industrial tools.
This could be the biggest foreign direct investment to Korea by a Canadian company.
Korea’s Daegu-based TaeguTec is wholly-owned by investment guru Warren Buffett’s Israel-based International Metalworking Companies. Woulfe is among the top 50 companies listed on the Toronto stock exchange’s venture market.
Sangdong was once the world’s biggest tungsten mine whose existence dates back to the Japanese colonial period, the source noted. It had to close several times due to imports of tungsten materials from China in recent years as locally-produced rare metal could not compete in terms of price.
The deal had involved Korea Zinc, a Korean non-ferrous metal developer, but the company is said to have exited due to “differences of opinion.” Korea Zinc has a 9.78 percent stake in Woulfe Mining, according to a regulatory filing in Nov. last year.
The redevelopment of Sangdong had previously faced setbacks last year due to financing, although Woulfe told the local community in Yeongwol of its plans to produce 1.2 million tons of tungsten annually beginning in mid-2013, with a potential value reaching $160 billion, according to the media.
With mining rights and TaeguTec’s strategic offtake agreement, Woulfe is about to clinch its deal, which the company calls “the flagship project,” the source said.
Woulfe said on its homepage that it expects to begin production at Sangdong by the fourth quarter of this year.
Woulfe to clinch deal for tungsten project in Korea
2013.02.24 16:10
Woulfe Mining, a Canada-based mining company, is near finalizing a deal to invest some 300 billion won ($260 million) to finance the redevelopment of Sangdong tungsten mine in Yeongwol, Gangwon Province, said a source familiar with the situation.
The investment would also include building a processing plant in the region, with Woulfe’s strategic partner TaeguTec securing a long-term supply of the rare metal materials used for the production of its special industrial tools.
This could be the biggest foreign direct investment to Korea by a Canadian company.
Korea’s Daegu-based TaeguTec is wholly-owned by investment guru Warren Buffett’s Israel-based International Metalworking Companies. Woulfe is among the top 50 companies listed on the Toronto stock exchange’s venture market.
Sangdong was once the world’s biggest tungsten mine whose existence dates back to the Japanese colonial period, the source noted. It had to close several times due to imports of tungsten materials from China in recent years as locally-produced rare metal could not compete in terms of price.
The deal had involved Korea Zinc, a Korean non-ferrous metal developer, but the company is said to have exited due to “differences of opinion.” Korea Zinc has a 9.78 percent stake in Woulfe Mining, according to a regulatory filing in Nov. last year.
The redevelopment of Sangdong had previously faced setbacks last year due to financing, although Woulfe told the local community in Yeongwol of its plans to produce 1.2 million tons of tungsten annually beginning in mid-2013, with a potential value reaching $160 billion, according to the media.
With mining rights and TaeguTec’s strategic offtake agreement, Woulfe is about to clinch its deal, which the company calls “the flagship project,” the source said.
Woulfe said on its homepage that it expects to begin production at Sangdong by the fourth quarter of this year.
Woulfe’s Korean unit could not be reached for comment.
By Park Hyong-ki
(hkp@heraldcorp.com)
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??? ????? ?????? ??? ??? ??????? ?????? ?? ? 3,000? (2?6,000???) ??? ?? ?? ??? ????? ?????? ???.
???? ? ??? ???? ?? ??? ?? ??? ? ????? ???.
??? ?? ?? ??? ????? ?? ?? ???????? ? ? ?? ???? ??.
??? ?? ?? ?? ????????? ????? ??? ??? ???? ??? ?? ???.
?? ??? ?? ??? IMC? 100?? ???? ?? ???? ????? ?? ??? ??? ?? ???? ????? ??. ?????? ???? ??? ??? ????? ??.
(??? ??? ??? ??)
This is a long term investment stock.
For those new to the board:
SANGDONG HISTORY The Investor’s Guide
2010 onwards
• Late 2009 - Westech International of Sydney (Westech) reviewed the project.
• December 2009 - Westech secured funding and Westech-appointees replaced Oriental Board.
• February 2010 - Oriental renamed Woulfe.
• March 2010 - Tetra Tech completed PEA based on re-opening the underground mining operation; Woulfe
ownership increased to 70%.
• June 2010 - Gangwon Provincial Government approved Sangdong mining licence.
• November 2010 - Woulfe secured new primary crushing equipment at heavily discounted price from a
cancelled contract.
• January 2011 - Woulfe closed private placement of C$10M at C$0.30 per share with Korea Zinc.
• November 2011 - Woulfe bought out 2% net smelter royalty for C$3.5M and moved to 100% ownership.
• February 2012 - South Korea’s largest project construction manager HanmiGlobal appointed as Sangdong
project manager.
• February 2012 - Woulfe’s wholly owned subsidiary SMC entered into strategic agreement with IMC, which,
subject to the satisfactory completion of due diligence, would involve:
- IMC immediately advancing C$5M to SMC.
- IMC acquiring 25% interest in SMC for C$35M cash.
- Woulfe and IMC establishing Korean company (APT JV), 45% owned by Woulfe and 55% by IMC, to
build APT plant to be funded to C$35M by IMC, with Woulfe to repay its portion from revenue.
- APT JV will acquire no less than 90% and up to 100% of Sangdong’s tungsten concentrate production
pursuant to an off-take agreement.
- IMC will acquire no less than 90% and up to 100% of the APT JV’s production pursuant to a separate
off-take agreement.
• March 2012 - Tetra Tech completed feasibility study.
• May 2012 - Woulfe and IMC entered into Memorandum of Understanding (MoU) with Gangwon Provincial and
Yeongwol County Governments to ensure successful development of Sangdong.
• July 2012 - Woulfe and SMC executed MoU with Shinhan Bank of Korea for 12-year term loan amounting
to Korean won (KRW) 120 billion (US$104M), with KRW55 billion at a fixed rate of 5.8% pa and balance at
3-month ‘AAA’ Bank Bond rate (currently 3.4% pa) plus 2.3% pa; debt facility has since increased to US$150M.
• September 2012 - IMC successfully completed exhaustive due diligence and committed to closing investment.
• September 2012 - Mining contractor appointed following competitive tendering process; contractor will
supply all mining equipment, labor and consumables at a cost of KRW14,130/t (US$12.63).
• October 2012 – Tetra Tech review impact of mining contract on feasibility study and increase NPV by 34%.
• November 2012 - Mining contractor passes through Main mineralization.
Excellent news out this mourning. This stock is going to run upwards fast.
Astex Pharmaceuticals to Present at RBC Capital Markets Healthcare Conference
Astex Pharmaceuticals, Inc. (Nasdaq:ASTX), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics, today announced that Mohammad Azab, MD, chief medical officer, and Michael Molkentin, chief financial officer, will present at the 2013 RBC Capital Markets Healthcare Conference on Wednesday, February 27th in New York City.
The Company's presentation will begin at 8:00 a.m. ET. A live webcast of the presentation will be available in the Investor Events section of the Company's website, www.astx.com. The webcast will be archived for 30 days.
About Astex Pharmaceuticals
Astex Pharmaceuticals is dedicated to the discovery and development of novel small molecule therapeutics with a focus on oncology. The Company is developing a proprietary pipeline of novel therapies and is creating de-risked products for partnership with leading pharmaceutical companies. Astex Pharmaceuticals developed DACOGEN® (decitabine) for Injection and receives significant royalties on global sales.
For more information about Astex Pharmaceuticals, Inc., please visit http://www.astx.com.
The Astex Pharmaceuticals, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12273
CONTACT: Timothy L. Enns
Astex Pharmaceuticals, Inc.
Senior Vice President
Corporate Communications & Marketing
Tel: +1 (925) 560-2810
E-mail: tim.enns@astx.com
Susanna Chau
Astex Pharmaceuticals, Inc.
Manager
Investor Relations
Tel: +1 (925) 560-2845
E-mail: susanna.chau@astx.com
Alan Roemer
The Trout Group
Managing Director
Tel: +1 (646) 378-2945
E-mail: aroemer@troutgroup.com
SANGDONG HISTORY The Investor’s Guide
2010 onwards
• Late 2009 - Westech International of Sydney (Westech) reviewed the project.
• December 2009 - Westech secured funding and Westech-appointees replaced Oriental Board.
• February 2010 - Oriental renamed Woulfe.
• March 2010 - Tetra Tech completed PEA based on re-opening the underground mining operation; Woulfe
ownership increased to 70%.
• June 2010 - Gangwon Provincial Government approved Sangdong mining licence.
• November 2010 - Woulfe secured new primary crushing equipment at heavily discounted price from a
cancelled contract.
• January 2011 - Woulfe closed private placement of C$10M at C$0.30 per share with Korea Zinc.
• November 2011 - Woulfe bought out 2% net smelter royalty for C$3.5M and moved to 100% ownership.
• February 2012 - South Korea’s largest project construction manager HanmiGlobal appointed as Sangdong
project manager.
• February 2012 - Woulfe’s wholly owned subsidiary SMC entered into strategic agreement with IMC, which,
subject to the satisfactory completion of due diligence, would involve:
- IMC immediately advancing C$5M to SMC.
- IMC acquiring 25% interest in SMC for C$35M cash.
- Woulfe and IMC establishing Korean company (APT JV), 45% owned by Woulfe and 55% by IMC, to
build APT plant to be funded to C$35M by IMC, with Woulfe to repay its portion from revenue.
- APT JV will acquire no less than 90% and up to 100% of Sangdong’s tungsten concentrate production
pursuant to an off-take agreement.
- IMC will acquire no less than 90% and up to 100% of the APT JV’s production pursuant to a separate
off-take agreement.
• March 2012 - Tetra Tech completed feasibility study.
• May 2012 - Woulfe and IMC entered into Memorandum of Understanding (MoU) with Gangwon Provincial and
Yeongwol County Governments to ensure successful development of Sangdong.
• July 2012 - Woulfe and SMC executed MoU with Shinhan Bank of Korea for 12-year term loan amounting
to Korean won (KRW) 120 billion (US$104M), with KRW55 billion at a fixed rate of 5.8% pa and balance at
3-month ‘AAA’ Bank Bond rate (currently 3.4% pa) plus 2.3% pa; debt facility has since increased to US$150M.
• September 2012 - IMC successfully completed exhaustive due diligence and committed to closing investment.
• September 2012 - Mining contractor appointed following competitive tendering process; contractor will
supply all mining equipment, labor and consumables at a cost of KRW14,130/t (US$12.63).
• October 2012 – Tetra Tech review impact of mining contract on feasibility study and increase NPV by 34%.
• November 2012 - Mining contractor passes through Main Zone mineralization.
Regenerative Medicine
BioMedReports.Com.
Vatican Endorsement Seals NBS’s Status as the Major Play in Regenerative Medicine
BioMedReports.Com, the news portal which covers Wall Street’s biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, is reporting that several key announcements by Neostem (NYSE Amex: NBS) could send shares of the company soaring. read more
Excerpt from:
Vatican Endorsement Seals NBS’s Status as the Major Play in Regenerative Medicine
Incoming Post Search Feeds:
DAILY NEWS
VANCOUVER – If their were a “deal of the week award”, Woulfe Mining would be in the running for attracting investment from Warren Buffet to its Sandong tungsten-molybdenum project in South Korea. Not Buffet personally, but IMC International Metalworking Companies, a unit of Buffet’s Berkshire Hathaway.
Woulfe owns the former Sandong tungsten mine that was closed in 1992 due to low metal prices. It has since brought the project to the advanced exploration stage, commissioning a scoping study in 2010 and a feasibility study that is due out this year.
The deal between the two companies has IMC buying a 25% in Sandong for $35 million. IMC will advance $5 million to Woulfe as soon as the deal closes. Then IMC and Woulfe will form a 55:45 joint venture to build an ammonium paratungstate (APT) in Korea. They will invest $19.25 million and $15.75 million, respectively, in the plant. IMC has agreed to loan Woulfe the money for its share of the plant expenses (if Woulfe so desires) and to buy between 90% and 100% of the APT production.
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Woulfe Mining Clarifies and Restates Certain Disclosure
By: Woulfe Mining Corp. via Marketwire News Releases
Posted on February 18, 2013 at 14:07 PM EST
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/18/13 -- Woulfe Mining Corp. (TSX VENTURE: WOF)(OTCQX: WFEMF)(FRANKFURT: OZ4) ("Woulfe" or the "Company") -
Excellent news
Read their website
News Releases
Feb 18, 2013
Woulfe Mining Clarifies and Restates Certain Disclosure
February 18, 2013 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining Corp reports that as a result of a review by t...
Feb 14, 2013
Woulfe Mining Named to TSX Venture Top 50
February 14, 2013 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has been named one of the 201...
Feb 04, 2013
Woulfe Announces $10 Million Convertible Debt Offering; Appoints Ned Goodman to Board of Directors
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce the appointment of Ned Goodman to the board of directors. Mr. Goodman is ...
Nov 21, 2012
Woulfe Mining Announces AGM Results
November 21th, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that the re-election of Brian Wesso...
Nov 07, 2012
Woulfe Mining Corp acquires land for development of Sangdong processing plant
Woulfe Mining Corp acquires land for development of Sangdong processing plant November 7th, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Fra...
Nov 06, 2012
Woulfe Sangdong project NPV increases 34% to US$535.2M
November 6th, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has awarded a mining develop...
Oct 09, 2012
Woulfe Mining Announces First Blast of Production Portal of Sangdong Project
Vancouver, BC, Canada -- October 9<sup>th 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that the f...
Oct 02, 2012
Woulfe Mining reports drill results for the Sangdong drilling program
Vancouver, BC, Canada -- October 2 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce assay resu...
Sep 27, 2012
Woulfe Mining reports drill results for the Sangdong drilling program
Vancouver, BC, Canada -- September 27<sup>th</sup> 2012 Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce as...
Sep 26, 2012
Woulfe Mining's Sangdong Project Engages a Mining Contractor; Initial Blast of Main Portal scheduled on October 8, 2012
September 27<sup>th</sup>, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that its 100% owned sub...
Sep 25, 2012
Shinhan Bank moves forward with due diligence for Sangdong project financing
September 25th, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that further to its press release...
Sep 20, 2012
IMC completes due diligence and moves toward closing strategic transaction with Woulfe
September 20th, 2012 - Vancouver, Canada -Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) (OTCQX:WFEMF) (FRANKFURT:OZ4) Today, Woulfe Mining received confirmation from Interna...
Aug 31, 2012
Woulfe Mining completes $5.23 million private placement
August 31, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has completed the brokered priv...
Aug 14, 2012
Woulfe Mining Announces $5M Financing
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) (OTCQX:WFEMF) (FRANKFURT:OZ4) is pleased to announce that it has engaged Dundee Securities Ltd. as lead agent ("Dundee" or the ...
Aug 01, 2012
Woulfe Mining Clarifies and Restates Certain Disclosure
August 1, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining Corp reports that as a result of a review by the ...
Jul 12, 2012
Woulfe signs Memorandum of Understanding (MoU) for KRW120 Billion (US$104 million) Debt Financing with Korea's Largest Bank
July 12th, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce Sangdong Project financing is moving fo...
Jun 28, 2012
Woulfe Mining and IMC Strategic Agreement Update
June 28, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining Corp today announced that IMC has received a repor...
Jun 08, 2012
Woulfe Mining Correction to Funding on Track
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 8, 2012) - Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) would like to correct an error in their June 7th press release. T...
Jun 07, 2012
Woulfe Mining Funding on Track
June 7, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it is on track to bring the Sangdong ...
Jun 06, 2012
Woulfe Mining Announces $20 Million Convertible Debt Offering
June 6, 2012 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) has arranged a brokered public offering on a commercially reasona...
May 03, 2012
Woulfe Mining reports continued strong drill results from the ongoing Sangdong drilling program
Vancouver, BC, Canada -- May 3rd 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF) is pleased to announce assay results for samples associated with the drilling program at Sa...
May 02, 2012
Woulfe Mining's' gold project resource increase and project economic for development
Vancouver, BC, Canada -- May 2nd 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that the Inferred Resource in the Thre...
May 01, 2012
Woulfe Mining Strategic Partner IMC, signed MOU with Korean Government on Development of Sangdong Mine
Vancouver, BC, Canada -- May 1st, 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to update shareholders regarding developments wit...
Apr 23, 2012
Woulfe Mining Reports NPV US$400m with 46% IRR Sangdong Feasibility
April 23, 2012 - Woulfe Mining Corp. (TSX-V: WOF) ("Woulfe" or the "Company") is pleased to announce the results of a National Instrument 43-101 compliant feasibility study for its 100% owned S...
Apr 17, 2012
Woulfe Mining Corp Moving Forward in South Korea
Vancouver, BC, Canada -- April 17th, 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) update to shareholders. • Feasibility study is on schedule fo...
Apr 03, 2012
Woulfe Mining Corp. reports strong drilling results at Sangdong.
Vancouver, BC, Canada - April 3rd 2012 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce the first set of assay results for the...
Apr 02, 2012
Woulfe Mining's Sangdong Project NI43-101 update of resources - tungsten grade below level 3 increased by 47% and molybdenum grade by 34%
Vancouver, BC, Canada -- April 2nd , 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that Tetra Tech Wardrop (Tetra Tech...
Mar 28, 2012
Woulfe Mining Metallurgical Recovery 15% above Historical
Vancouver, BC, Canada -- March 28th 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that metallurgical testwork has bee...
Mar 14, 2012
Woulfe Mining Announces Results of Preliminary Economic Assessment for its 100% owned Muguk Gold Mine
Vancouver, BC, Canada -- March 14th 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V:WOF OTCQX:WFEMF, Frankfurt:OZ4) is pleased to announce that an NI 43-101 compliant preliminary...
Feb 28, 2012
Woulfe Mining Corp. - Conference Call
Vancouver, BC, Canada -- February 28th, 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that Woulfe Mining will be hold...
Feb 28, 2012
Woulfe Mining Corp. and International Metalworking Companies Execute Strategic Agreements
Vancouver, BC, Canada -- February 28th, 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that Woulfe and its 100%-owned ...
Feb 28, 2012
(German Version) Woulfe Mining Corp. und International Metalworking Companies treffen strategische Vereinbarungen
Vancouver, BC, Kanada - 28. Februar 2012 - Woulfe Mining Corp. ("Woulfe" oder das "Unternehmen") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) freut sich bekanntzugeben, dass Woulfe und seine 100-...
Feb 17, 2012
Woulfe Mining reports drill results for the Sangdong drilling program
Vancouver, BC, Canada - February 17th 2012 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce assay results for three batches of...
Feb 08, 2012
Woulfe Mining Corp. Update on Sangdong Tungsten Project
Vancouver, BC, Canada -- February 8th 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX:WFEMF, Frankfurt: OZ4) is pleased to provide an update regarding the feasibility...
Jan 24, 2012
Woulfe Mining Increases Indicated Resource by 2.75 times to Support the Initial 10 Years Mining at Sangdong
Vancouver, BC, Canada - January 24th 2012 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce the following completion of the phas...
Jan 10, 2012
Woulfe Mining Announces Resource Update for its 100% owned Muguk Gold Mine
Vancouver, BC, Canada -- January 10th 2012 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that a preliminary NI 43-101-compliant re...
Nov 21, 2011
Woulfe Mining reports drill results for the phase 2 feasibility drilling program
Vancouver, BC, Canada - November 21st 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF) is pleased to announce assay results for the first batches of samples associated with t...
Nov 17, 2011
Woulfe Mining Buys Out Royalty and Moves to 100% Ownership of Sangdong Project
VANCOUVER, BRITISH COLUMBIA - November 17, 2011 - Woulfe Mining Corp. (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) ("Woulfe" or the "Company") is pleased to announce that it has negotiated the pu...
Oct 24, 2011
Woulfe Mining gains explosive license, takes first blast and first process equipment is delivered to site.
Vancouver, British Columbia -- October XXth 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce major steps forward for Woulfe in the devel...
Sep 26, 2011
Woulfe Mining Activities Update from its Sangdong Tungsten and Muguk Gold Projects
...
Sep 23, 2011
Woulfe Mining Publishes Sangdong mine interim NI 43-101 Resource Report
Vancouver, British Columbia -- September 21 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce the publication of the interim NI 43-101 Res...
Sep 07, 2011
Woulfe Mining Receives Clearance for Sangdong Construction from Office of Cultural Heritage
Vancouver, British Columbia -- September 7th 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce that it has been notified by the Office of ...
Aug 30, 2011
Correction: Woulfe Mining to fast-track the evaluation of its Muguk Gold Mine
Vancouver, BC, Canada -- August 29th 2011 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF) (OTCQX: WFEMF) This press release is a correction of the press release disseminated on be...
Aug 29, 2011
Woulfe Mining to fast-track the evaluation of its Muguk Gold Mine
Vancouver, BC, Canada -- August 29th 2011 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF) is pleased to announce that it is fast-tracking the evaluation of its Muguk gold projec...
Aug 16, 2011
Woulfe Mining Valuation Opinion
Vancouver, British Columbia -- August 16, 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce a Valuation Opinion of the fair market value o...
Aug 02, 2011
Woulfe Mining Secures Permits to Develop Production Adit at Sangdong
Vancouver, BC, Canada -- August 2nd 2011 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce that permitting of the production adit for its Sang...
Jul 29, 2011
Woulfe Mining Announces New Communication Efforts
Vancouver, BC, Canada --July 29th 2011 --Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF) is pleased to announce that it has entered into an investor relations consult...
Jul 27, 2011
Woulfe Mining Announces Revised Capital Cost for Sangdong
Vancouver, BC, Canada --July 27th 2011 --Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF) is pleased to provide an updated capital cost estimate for the development of the Sangdong ...
Jul 21, 2011
Woulfe Mining Launches Updated Website
Vancouver, British Columbia - July 21, 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce the launch of an updated company website. The...
Jul 18, 2011
Woulfe Mining updates resource in top quarter of Sangdong Project mine which validates fast track development
Vancouver, British Columbia -- July 18th 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) announces that Wardrop, a Tetra Tech company, (Wardrop) have completed...
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February 14, 2013 NEWS:
Woulfe Mining Corp.
TSX VENTURE : WOF
OTCQX : WFEMF
FRANKFURT : OZ4
February 14, 2013 08:30 ET
Woulfe Mining Named to TSX Venture Top 50
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that it has been named one of the 2013 TSX Venture 50 companies, an annual ranking of strong performers listed on the TSX Venture Exchange.
The 2013 TSX Venture 50 is a yearly ranking comprised of the top 10 ten companies listed on the TSX Venture Exchange, in each of five major industry sectors including Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The companies were ranked based on the following criteria - with equal weighting assigned to each: market capitalization growth, share price appreciation, trading volume and analyst coverage.
The TSX Venture 50 is intended to raise awareness of quality companies listed on the TSX Venture Exchange both to the market and to financial community and investors. The division of the top 50 companies in industry sectors shows the diversity of the companies listed on the TSX Venture Exchange and recognizes the company growth in their own industry sector.
The complete list of the 50 best venture companies is published on the TSX Venture Exchange website at www.tmx.com.
Brian Wesson, President & CEO of Woulfe, commented, "It is an honour for Woulfe to be included in the top 50 companies on the TSX Venture Exchange and testimony to the efforts of our staff and support of our investors in the redevelopment of the Sangdong tungsten/ molybdenum project in South Korea."
On Behalf of the Board of Directors of Woulfe Mining Corp.
Brian Wesson (FAusIMM), President, CEO and Director
About Woulfe Mining Corp. "Unearthing Global Assets"
Woulfe Mining Corp. is focused on 'Unearthing Global Assets' through the recognition and development of undervalued natural resource projects. Woulfe differentiates itself by boasting significant technical expertise in the design, development and operation of mining projects.
Our flag ship project is the Sangdong tungsten mine in South Korea, historically the world's largest tungsten mine for over 40 years. Sangdong is expected to return to production by Q4 of 2013. Woulfe has entered into strategic agreements with International Metalworking Companies B.V. ('IMC'), part of the Berkshire Hathaway group of companies. This partnership brings strategic advantage given Woulfe's mining and processing technical abilities and IMC's downstream manufacturing skills, high level of innovation and quality of products sold into the global tungsten market. Woulfe Mining Corp. is a Canadian TSX-V listed company. Further information can be found on Woulfe's website www.woulfemining.com
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Catholic Church Declares Support For Adult Stem Cell Research.
(This is a guest op-ed by Steven Myers, a director of NeoStem, Inc., a publicly traded biosciences company and co-host of the first international Adult Stem Cell conference held in Vatican City,)
By Steven Myers
There is no area of medical science as misunderstood by the public as “stem cell” science and its extraordinary potential for transforming the health and welfare of our nation.
Today, one in eight Americans has diabetes, a scourge that is costing the country $200 billion dollars a year and a crisis that is only getting worse. Estimates suggest that by 2050, one in three Americans will suffer from this disease.
The numbers are even worse for cardiac disease, the number one killer of Americans.
When you begin to understand the promise of stem cell treatments when it comes to treating these diseases, along with maladies such as cancer in all its terrible varieties and autoimmune illnesses such as multiple sclerosis and lupus, and further recognize the trillions of dollars that can be saved in our health care system by pursuing stem cell research and development, this public misunderstanding becomes all the more tragic.
But this may all be about to change.
That change is coming, in no small measure, as a direct result of a remarkable event that occurred at the Vatican in early November of this year where a conference, co- hosted by the Catholic Church and NeoStem (a publically held company on whose board of directors I am proud to serve) was convened and included prominent scientists, ethicists, business and religious leaders from around the world who gathered for the first ever international conference on “adult” stem cell research.
It was clear from the outset that this event would mark a turning point in the ethical considerations of stem cell development when Cardinal Gianfranco Ravasi, President of the Pontifical Council for Culture opened the conference with a declaration that the Catholic Church enthusiastically supports scientific research on adult stem cells along with the exploration of the cultural, ethical, and human implications of their use.
Adding to the chorus of world leaders supporting this important branch of scientific development was keynote speaker, Governor Tommy Thompson, who served as Secretary of Health and Human Services during the first term of President George W. Bush. Yet, contrary to the policy adopted by the Bush Administration as executed by then Secretary Thompson, the Governor called for the de-politization of stem cells. Thompson went on to speak passionately about the urgent need to educate the American public about the enormous potential that adult stem cells have for improving the lives of tens of millions of people, not only in America but throughout the world, and called on President Obama to convene a Presidential Commission on Regenerative Medicine.
The conference ended with an extraordinary Papal audience at which Pope Benedict XVI spoke of our shared mission to ‘wake up’ the world to the here-and-now uses of adult stem cell therapies, and to form a collaborative network of scientists and doctors devoted to the advancement of adult stem cell therapies.
To make his point, His Holiness committed substantial Vatican resources to support this effort.
SANGDONG HISTORY The Investor’s Guide
2010 onwards
• Late 2009 - Westech International of Sydney (Westech) reviewed the project.
• December 2009 - Westech secured funding and Westech-appointees replaced Oriental Board.
• February 2010 - Oriental renamed Woulfe.
• March 2010 - Tetra Tech completed PEA based on re-opening the underground mining operation; Woulfe
ownership increased to 70%.
• June 2010 - Gangwon Provincial Government approved Sangdong mining licence.
• November 2010 - Woulfe secured new primary crushing equipment at heavily discounted price from a
cancelled contract.
• January 2011 - Woulfe closed private placement of C$10M at C$0.30 per share with Korea Zinc.
• November 2011 - Woulfe bought out 2% net smelter royalty for C$3.5M and moved to 100% ownership.
• February 2012 - South Korea’s largest project construction manager HanmiGlobal appointed as Sangdong
project manager.
• February 2012 - Woulfe’s wholly owned subsidiary SMC entered into strategic agreement with IMC, which,
subject to the satisfactory completion of due diligence, would involve:
- IMC immediately advancing C$5M to SMC.
- IMC acquiring 25% interest in SMC for C$35M cash.
- Woulfe and IMC establishing Korean company (APT JV), 45% owned by Woulfe and 55% by IMC, to
build APT plant to be funded to C$35M by IMC, with Woulfe to repay its portion from revenue.
- APT JV will acquire no less than 90% and up to 100% of Sangdong’s tungsten concentrate production
pursuant to an off-take agreement.
- IMC will acquire no less than 90% and up to 100% of the APT JV’s production pursuant to a separate
off-take agreement.
• March 2012 - Tetra Tech completed feasibility study.
• May 2012 - Woulfe and IMC entered into Memorandum of Understanding (MoU) with Gangwon Provincial and
Yeongwol County Governments to ensure successful development of Sangdong.
• July 2012 - Woulfe and SMC executed MoU with Shinhan Bank of Korea for 12-year term loan amounting
to Korean won (KRW) 120 billion (US$104M), with KRW55 billion at a fixed rate of 5.8% pa and balance at
3-month ‘AAA’ Bank Bond rate (currently 3.4% pa) plus 2.3% pa; debt facility has since increased to US$150M.
• September 2012 - IMC successfully completed exhaustive due diligence and committed to closing investment.
• September 2012 - Mining contractor appointed following competitive tendering process; contractor will
supply all mining equipment, labor and consumables at a cost of KRW14,130/t (US$12.63).
• October 2012 – Tetra Tech review impact of mining contract on feasibility study and increase NPV by 34%.
• November 2012 - Mining contractor passes through Main Zone mineralisation.
February 14, 2013 NEWS:
Woulfe Mining Corp.
TSX VENTURE : WOF
OTCQX : WFEMF
FRANKFURT : OZ4
February 14, 2013 08:30 ET
Woulfe Mining Named to TSX Venture Top 50
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that it has been named one of the 2013 TSX Venture 50 companies, an annual ranking of strong performers listed on the TSX Venture Exchange.
The 2013 TSX Venture 50 is a yearly ranking comprised of the top 10 ten companies listed on the TSX Venture Exchange, in each of five major industry sectors including Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The companies were ranked based on the following criteria - with equal weighting assigned to each: market capitalization growth, share price appreciation, trading volume and analyst coverage.
The TSX Venture 50 is intended to raise awareness of quality companies listed on the TSX Venture Exchange both to the market and to financial community and investors. The division of the top 50 companies in industry sectors shows the diversity of the companies listed on the TSX Venture Exchange and recognizes the company growth in their own industry sector.
The complete list of the 50 best venture companies is published on the TSX Venture Exchange website at www.tmx.com.
Brian Wesson, President & CEO of Woulfe, commented, "It is an honour for Woulfe to be included in the top 50 companies on the TSX Venture Exchange and testimony to the efforts of our staff and support of our investors in the redevelopment of the Sangdong tungsten/ molybdenum project in South Korea."
On Behalf of the Board of Directors of Woulfe Mining Corp.
Brian Wesson (FAusIMM), President, CEO and Director
About Woulfe Mining Corp. "Unearthing Global Assets"
Woulfe Mining Corp. is focused on 'Unearthing Global Assets' through the recognition and development of undervalued natural resource projects. Woulfe differentiates itself by boasting significant technical expertise in the design, development and operation of mining projects.
Our flag ship project is the Sangdong tungsten mine in South Korea, historically the world's largest tungsten mine for over 40 years. Sangdong is expected to return to production by Q4 of 2013. Woulfe has entered into strategic agreements with International Metalworking Companies B.V. ('IMC'), part of the Berkshire Hathaway group of companies. This partnership brings strategic advantage given Woulfe's mining and processing technical abilities and IMC's downstream manufacturing skills, high level of innovation and quality of products sold into the global tungsten market. Woulfe Mining Corp. is a Canadian TSX-V listed company. Further information can be found on Woulfe's website www.woulfemining.com
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WFEMF
WFMEF has imc international (Warren Buffet) Bershire Hathaway invested in it.