who ya gonna call? wallbusters!
Followers | 289 |
Posts | 10,327 |
Boards Moderated | 1 |
Alias Born | 09/17/2010 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
AllPennyStocks.com News: Junior Miner Nears Completion of Drill Program on Advanced-Stage Gold Project
Dec. 8, 2010 (Baystreet.ca) --
MISSISSAUGA, Ontario, December 8, 2010 --
AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/)
announces its latest article titled “Junior Miner Nears Completion of Drill
Program on Advanced-Stage Gold Project.”
Companies mentioned in this article include Coral Gold
Resources Ltd. (OTCBB:CLHRF) (TSX-Venture:CLH) and Barrick Gold Corp.
(NYSE:ABX).
Article Excerpt:
Vancouver, British Columbia-based Coral Gold Resources Ltd.
(OTCBB:CLHRF) (TSX-Venture:CLH) is a thirty-year old company engaged in
exploration and development of mineral resources in Nevada and California. The Company’s primary focus is in a series of
strategic claims along the Cortez Gold trend known as the Robertson Project. The project consists of over 700 patented and
unpatented load mining claims in the Bullion Mining District, Lander County,
Nevada.
Having a large project near a proven mine is a valuable
asset in the mining industry and this project of Coral certainly
qualifies. The Cortez gold trend in
north-central Nevada also contains the Cortez Mine of the world’s largest gold
producer, Barrick Gold Corp. (NYSE:ABX). Located just to the south, the open pit mine of Barrick adjoins the
Robertson Project. Recent reports from
the industry giant have shown proven and probable reserves at Cortex that total
13.4 million ounces of gold.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special_reports/146/Junior-Miner-Nears-Completion-of-Drill-Program-on-Advanced-Stage-Gold-Project.htm
About AllPennyStocks.com:
AllPennyStocks.com is focused on the small-cap / penny
stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and
unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a daily market
write-up, provides company spotlights, runs unique most active pages strictly
for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much
more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims
to uncover stocks that are still under the radar of most investors. Criteria
AllPennyStocks.com looks for includes strong revenues, a seasoned management,
innovative business plans, among many others. AllPennyStocks.com also looks for
companies that announce breaking news, recent 52-week highs/lows, technical
breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the
AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of
other investors have already been receiving since 1999. Investors can receive their free newsletter
subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.
Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Note:
AllPennyStocks.com has not received compensation for carrying the other
above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.
Source: Accesswire (December 8, 2010 - 4:47 PM EST)
News by QuoteMedia
www.quotemedia.com
Great Lakes Aviation, Ltd. Reports November 2010 Traffic
Dec. 8, 2010 (PR Newswire) --
CHEYENNE, Wyo., Dec. 8, 2010 /PRNewswire-FirstCall/ -- Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX) today announced preliminary passenger traffic results for the month of November 2010.
NOVEMBER 2010 AND YEAR TO DATE STATISTICS
Nov-10
Nov-09
Change
Passengers Enplaned
42,476
39,160
8.5%
Revenue Passenger Miles (000)
13,177
11,177
17.9%
Available Seat Miles (000)
33,609
33,579
0.1%
Load Factor
39.2%
33.3%
5.9 pts
RASM (cents)
30.65
29.97
2.3%
YTD 2010
YTD 2009
Change
Passengers Enplaned
456,977
440,784
3.7%
Revenue Passenger Miles (000)
136,109
122,288
11.3%
Available Seat Miles (000)
355,675
369,386
(3.7)%
Load Factor
38.3%
33.1%
5.2 pts
RASM (cents)
31.37
29.25
7.3%
Great Lakes is providing scheduled passenger service at 59 airports in fifteen states with a fleet of Embraer EMB-120 Brasilias and Raytheon/Beech 1900D regional airliners. Additional information is available at http://www.flygreatlakes.com/ including a current route map at http://www.flygreatlakes.com/route_map/route_map.htm.
All scheduled flights are operated under the Great Lakes Airlines marketing identity in conjunction with code-share agreements with United Airlines and/or Frontier Airlines at our Albuquerque, Billings, Denver, Las Vegas, Milwaukee, Phoenix, Kansas City, MO and Ontario, CA hubs.
Contact:
Michael Matthews, VP Finance/CFO
(307) 432-7000
SOURCE Great Lakes Aviation, Ltd.
Source: PR Newswire (December 8, 2010 - 5:20 PM EST)
News by QuoteMedia
www.quotemedia.com
Littlefield Corporation to Present at the Third Annual LD Micro Conference
Dec. 8, 2010 (Business Wire) -- Littlefield Corporation (OTCBB: LTFD) announced today that Jeffrey L. Minch, President and Chief Executive Officer, will be presenting at the Third Annual LD Micro Conference at the Luxe Sunset Bel Air Hotel in Los Angeles on Thursday, December 9, 2010. Littlefield will present as part of Track #4 at 7:30 a.m. local time. Mr. Minch will provide an overview of Littlefield’s operations and financial results.
ABOUT LITTLEFIELD CORPORATION
Littlefield Corporation, headquartered in Austin, Texas, is the largest public owner of charitable bingo halls in the United States. The Company, through its corporate subsidiaries, develops, owns and operates 36 halls in Texas, South Carolina, Alabama and Florida. In Texas its corporate subsidiaries are involved as a licensed commercial lessor and only in South Carolina as a licensed promoter. Over 100 charities conduct bingo in these charitable bingo halls.
Littlefield Corporation
Cecil Whitmore, 512-476-5141
Financial Analyst, Investor Relations
cwhitmore@littlefield.com
or
Institutional Marketing Services
John Nesbett, 203-972-9200
jnesbett@institutionalms.com
or
Jennifer Belodeau, 203-972-9200
Source: Business Wire (December 8, 2010 - 5:43 PM EST)
News by QuoteMedia
www.quotemedia.com
Madison Ave. Media Announces Joint Venture With Commerce Science
Dec. 8, 2010 (Marketwire) --
BOCA RATON, FL -- (Marketwire) -- 12/08/10 -- Madison Ave. Media, Inc. (OTCBB: KHZM), a global leader in brand intelligence and mobile marketing, today announces a Joint Venture with Commerce Science Corporation, Atlanta, GA (http://www.commercescience.com), a leader in ecommerce solutions for a variety of market channels.
"Robert Helmer, President/CEO, brings a prestigious client list along with best-in-class ecommerce technology that continues our mission to leverage Madison Ave. Media's multi channel distribution capabilities, converting this power into brand equity, products and services revenue," said Stephen Molinari, Chairman, Madison Ave. Media.
Commerce Science proprietary ecommerce SaaS (Software as a Service) platform provides a tailored supply chain infrastructure to power Affinity Groups, Associations, Franchises and Independent Distributor Networks. The Joint Venture revenues are projected to exceed $7M in 2011.
Commerce Science's innovative eStoreXpress application has twice won the Technology Association of Georgia award as one of the "Top Innovative Technology Companies," currently offering over 350,000 products from multiple vendors within a seamless shopping experience. Drop ship packages are branded to identify the specific e-store where the order was originated.
"We're excited to combine our ecommerce solution with Madison Ave. Media's Firefly web builder to empower their affinity groups and network of independent distributors," said Commerce Science CEO, Robert Helmer.
"I've had the pleasure of working with Bob for many years leading to the maturity of this relationship, and his tenacity to build 'nothing but the best' is legendary. This is a great fit with the structure of our firm," states Jim Lindsey, President and Vice Chairman, Madison Ave. Media.
About Madison Ave. Media
As the #1 connector to the Mobile Generation, Madison Ave. Media's innovative technology delivers an integrated matrix of advanced digital communications, business intelligence and proprietary digital media resources to millions of global customers on a daily basis. Madison Ave. Media provides brands, networks and advertising agencies with the understanding and reach to effectively engage today's mobile customer, while delivering highly measurable results. Madison Ave. Media is headquarters in Boca Raton, Florida with offices across North America.
Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Madison Ave. Media's ability to improve their services, create new business models and content-owner opportunities, integration plans, the expected timing for the closing of the acquisition and the plans to operate Firefly independently. These statements are based on the current expectations or beliefs of management of Madison Avenue Media, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to (1) changes in economic, business, competitive, technological and/or regulatory factors, (2) failure to receive regulatory approval for the acquisition, (3) failure to compete successfully in this highly competitive and rapidly changing marketplace, (4) failure to retain key employees, (5) other factors affecting the operation of the respective businesses of Madison Ave. Media. More detailed information about these factors may be found in filings by Madison Ave. Media, as applicable, with the Securities and Exchange Commission, including their respective most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Madison Ave. Media is under no obligation to, and expressly disclaims any such obligation to, update or alter their respective forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts
To arrange an interview with Chairman Stephen Molinari, please contact:
Dan Lancer
561-549-3112
DanL@MadisonAveMedia.com
Source: Marketwire (December 8, 2010 - 7:32 PM EST)
News by QuoteMedia
www.quotemedia.com
Weifang Shengtai Pharmaceutical Inc. Holds an Unveiling Ceremony for a Joint R&D Program With Hubei University of Technology
Dec. 9, 2010 (PR Newswire) --
WEIFANG, China, Dec. 9, 2010 /PRNewswire-Asia-FirstCall/ -- Shengtai Pharmaceutical, Inc. (OTC Bulletin Board: SGTID) ("the Company") announced today that Weifang Shengtai Pharmaceutical, the Company's subsidiary in Changle, Shandong, China ("the Shandong Subsidiary"), held an unveiling ceremony for the "Joint University-Business Community Program" between the Company's Shandong subsidiary and the Hubei University of Technology ("HUT") in Changle, Shandong, China on December 4, 2010. The ceremony officially kicked off the joint research and development program between the Company and HUT. Based on the principles of mutual complementarity, equality and voluntary cooperation, the joint program represents a win-win opportunity for both the Company and HUT in terms of technology transformation by HUT and utilization of new technology by the Company.
One of the leading universities in Hubei, China, HUT is a source of strength for technology and talent. Its resources, especially those in aspects of education, training and research in biological engineering technology, are complementary to the Company's resources and leading position in the industry in China. HUT's strength in the area of biological engineering technology sets it apart from many other universities in China and creates an opportunity for cooperation between HUT and the Company from the perspective of "mutual benefits, mutual complementarily and common development." Under the joint program, new ideas, promotion and use of new technology, development of new products and solutions to technical problems will all be cooperatively implemented or carried out. HUT and the Company will work to seek breakthroughs in areas such as cost reduction, waste recycling, technological development of existing products and their derivatives and the development of new products.
The Company, HUT and the local government all have a high regard for the joint R&D program. Seven people from HUT, numerous government officers (led by the Deputy Director of the Technology Bureau of Weifang City and the Governor of Changle County) and many business VIPs attended the ceremony. Mr. Qingtai Liu, the CEO and Chairman of the Company, addressed the participants at the ceremony, and Mr. Shijie Dong, the Vice-Chancellor of HUT also made a speech. They exchanged letters of appointment and signed an agreement on building up the Company's research and development capabilities. In addition, a funding contract for technology development was signed, in which Mr. Liu was appointed as the Director of the Management Committee of the fund. By the end of 2010, 500 thousand RMB will be paid to HUT in the first phase of the research and development program, and another 500 thousand RMB will be paid before Jun 2011 in the second phase of the research and development program. Both the Company and HUT agreed to try and obtain grants from the national, provincial and municipal governments through their funding programs for technology advancement.
In his address to the ceremony, Mr. Liu said that the Company continues to focus on operation and management and looks to take full advantage of technological progress. In the past, the Company's competitiveness has been increased through various joint research and development programs in production and products. Going into the future, the Company will continue to actively seek opportunities for cooperation with universities and academics in a broad range of areas, such as the development of new products and promotion of technology innovation. The Company expects to greatly benefit from its commitment to research and development and continuous use of new technology.
Forward Looking Statements
Certain statements in this press release and oral statements made by the Company constitute forward-looking statements concerning the Company's business and products. These statements include, without limitation, statements regarding the Company's ability to prepare for growth, the Company's planned capacity expansion and predictions and guidance relating to the Company's future financial performance. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs, but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the pharmaceutical industry, pricing and demand trends for the Company's products, changes to government regulations, risk associated with operation of the Company's new facilities, risk associated with large-scale implementation of the Company's business plan, the ability to attract new customers, ability to increase its product's applications, cost of raw materials, downturns in the Chinese economy, and other information discussed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. Investors are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
For more information, please contact:
Shengtai Pharmaceutical, Inc.
Mr. Hu Ye
Chief Financial Officer
Tel: +86-139-1157-3505
Email: shengtaicfo@hotmail.com
Shengtai Pharmaceutical, Inc.
Ms. Yukie Ying Gao
Investor Relations Manager
Tel: +86-0536-6295802
Email: guaipaipai@hotmail.com
Investor Relations
DME Capital LLC
Mr. David Elias
Tel: +1-516-967-0205
Email: dave@dmecapital.com
SOURCE Shengtai Pharmaceutical, Inc.
Source: PR Newswire (December 9, 2010 - 3:00 AM EST)
News by QuoteMedia
www.quotemedia.com
Fresh Traffic Group Provides Corporate Update
Dec. 9, 2010 (Marketwire) --
WINNIPEG, MANITOBA -- (Marketwire) -- 12/09/10 -- Fresh Traffic Group Inc. (OTCBB: FRTG) ("Fresh Traffic" or the "Company") a provider of innovative branding and leading Internet marketing services and solutions is pleased to provide the following update on activities.
Fresh Traffic Group provides premium customized services to clients requiring:
-- Search Engine Optimization
-- Online Marketing and Branding
-- Web Design
-- CRM (Customer Relationship Management) optimization
-- Campaign Management
-- Analytics & Web Hosting
-- iPhone & iPad Apps
-- Video Services
-- Social Media Platforms
-- Software Development; and
-- E-commerce Platform Development
We normally enter into one year contracts for online branding and marketing services with our customers. The agreements specify the desired branding and target market the client wants to penetrate. Our customers pay in advance for services rendered on a monthly basis.
Web design, hosting, graphic works, apps and all other services are one of a kind as per the clients request. These services are all individually quoted on, and once terms have been agreed upon a retainer is paid and progress payments are made based on contract terms. View our websites for more information; www.freshtrafficgroup.com and www.masterofcode.com.
Local search allows consumers to search for local businesses' products or services by including geographic area, zip code, city and other geographically targeted search parameters in their search requests. According to a February 2010 study The Kelsey Group estimates that the local search market in the United States will grow to approximately $8 billion by 2014. Consumers who conduct local searches on the internet ("local searchers") tend to convert into buying customers at a higher rate than other types of internet user. As a result, clients often pay a significant premium to have their websites in positions of high visibility to local searchers. Additionally, success in investment of "local search" by local small and medium-sized businesses has resulted in further online search marketing investment. Local small and medium-sized businesses that would not normally compete at the national level for advertising opportunities are now increasingly engaging in and competing by using online search marketing to promote their products and services to audiences outside their local markets.
Headed by Ex Google UK Director Fresh Traffic brings over 25 years of experience in providing Search Engine Optimization and Internet marketing solutions to companies around the world. Web marketing is far more complex than simply building a website and submitting it to the search engines. To achieve high volumes of qualified traffic and; to obtain and sustain top search engine positions, a website needs to be engineered for search and continuously monitored as search engines evolve. This is the niche market Fresh specializes in.
Fresh Traffic draws on over 25 years of experience in providing Search Engine Optimization & Internet marketing solutions. As specialists in Online Brand Development & Search Engine Optimization, Fresh Traffic makes the Internet an accessible & successful addition to all businesses, driving more unique visitors & brand impressions to websites. Fresh Traffic uses organic & paid marketing strategies that are tested and proven to deliver results in creating industry leaders online. Additionally a complete suite of services are available; web site development, media ads, social media, Web apps, iPhone/iPad apps, Android apps and more. Led by Ex Google Director with offices in Winnipeg, Toronto & Vancouver, Canada. Opening Late 2010 Florida USA, London UK - visit www.freshtrafficgroup.com.
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this announcement that are not historical facts represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. These forward-looking statements involve various risks and uncertainties. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 10-K. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Contacts:
Emerging Markets, LLC
Jim Painter III
Investor Relations
321-206-6682
jamespainter@emergingmarketsllc.com
www.emergingmarketsllc.com or www.themicrocapreport.com
Source: Marketwire (December 9, 2010 - 5:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Next Generation Energy Corp. Announces New Business Strategy to Acquire Equity Interests in Proven Natural Gas Resources
--NEXT GENERATION ENERGY CORP. is positioning itself to profit as the natural gas industry is about to expand as a major source of clean, domestically produced energy for the U.S.--
Dec. 9, 2010 (PR Newswire) --
LORTON, Va., Dec. 9, 2010 /PRNewswire/ -- Next Generation Energy Corp. (OTC Bulletin Board: NGMC) (Nexgen), formerly Next Generation Media Corp., today said it is beginning to update shareholders and potential investors on its new business strategies and accomplishments.
Next Generation Energy is acquiring ORRI (Over Riding Royalty Interests) in producing natural gas wells that have a long, steady, predictable level of production that would be expected to continue for many years. An overriding royalty is the right to receive a percentage of revenues received through the sale of natural gas from a well without the expense of drilling or monthly operating expenses. "The environmental advantage of natural gas over other fossil fuels makes this an excellent sector to enter at this time," said CEO Darryl Reed.
Nexgen believes that by acquiring ORRI in many different natural gas wells it will diversify its risk and revenue stream, which will enable the Company to produce steady returns over a long period of time. By focusing on acquiring ORRI interests in proven producing gas wells, Nexgen will have no operational responsibilities for these gas wells, which will allow it to focus on an aggressive schedule of acquisitions.
The Company is performing due diligence currently on several properties and intends on closing several ORRI's in the first quarter of 2011, which will result in immediate cash flow to the Company. Also, NGMC is currently in negotiations with a large regional bank to secure a line of credit and is also interested in raising capital through equity to further implement its acquisition strategy.
"We fully believe natural gas is going to play a bigger role in the U.S energy plans in the coming years and by acquiring these wells while the price of natural gas is depressed we believe that we will be rewarded in the near future as natural gas becomes more widely used for both power generation and in transportation," said Mr. Reed. "We believe we can acquire energy properties with high intrinsic future value and that we can generate existing, reliable revenue streams by acquiring interests in operating and proven gas and oil wells."
"Natural gas burns more cleanly than other fossil fuels, such as oil and coal, and produces less carbon dioxide per unit of energy released. Burning natural gas produces about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. This is the cleanest source of power available using fossil fuels," said Mr. Reed.
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Darryl Reed
CEO
703-372-1282
IR @nextgenerationenergycorp.com
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
SOURCE Next Generation Energy Corp.
Source: PR Newswire (December 9, 2010 - 5:02 AM EST)
News by QuoteMedia
www.quotemedia.com
FINRA Approves Bazi International's Change of Trading Symbol to 'BAZI'
Dec. 9, 2010 (PR Newswire) --
DENVER, Dec. 9, 2010 /PRNewswire-FirstCall/ -- Bazi International, Inc. (OTC Bulletin Board: BAZI), announced today that the Financial Industry Regulatory Authority ("FINRA") has approved the change of the company's trading symbol on the OTCBB market from XELR to BAZI effective immediately.
Kevin C. Sherman, President and Chief Executive Officer of Bazi International, Inc., noted, "We are pleased that FINRA has approved the change of our trading symbol to BAZI. Our new symbol more closely aligns the company and our stock with our focus on the marketing and retail distribution of BAZI®, the company's healthy, concentrated, energy shot." Mr. Sherman continued, "As we execute our national distribution strategy, we're excited about the opportunity to introduce BAZI® to new consumers everywhere who have previously not had the ability to purchase BAZI®, and experience the difference that healthy energy can make to support an active lifestyle. We look forward to sharing our recent developments in furtherance of our national retail strategy with our shareholders in the near future."
ABOUT BAZI®
Bazi International, Inc. is a provider of nutritional foods and beverages designed to help enhance physical health and overall performance. Its primary product is BAZI®, a healthy, concentrated, energy shot with eight super fruits, including jujube, acai, mangosteen, goji, pomegranate, blueberry, raspberry and seabuckthorn, plus a variety of phytonutrients, antioxidants, vitamins and trace minerals, supporting the critical nutrition needed daily in a convenient, great tasting 2 ounce shot. BAZI's commitment to quality, science and research has earned the company a loyal following of world-class athletes and an elite list of endorsers, including Olympic athletes. For more information about BAZI®, please visit www.drinkbazi.com.
Forward-Looking Statement:
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if," "should" and "will" and similar expressions as they relate to BAZI Holdings, Inc. are intended to identify such forward-looking statements. BAZI Holdings, Inc. may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in BAZI's report on Form 10-K filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
CONTACT: Investor Relations
John Pougnet
BAZI
303-316-8577
ir@drinkbazi.com
SOURCE Bazi International, Inc.
Source: PR Newswire (December 9, 2010 - 5:30 AM EST)
News by QuoteMedia
www.quotemedia.com
SinoFresh Healthcare Announces the Acquisition of SRS International, Inc.
Dec. 7, 2010 (GlobeNewswire) --
VENICE, Fla., Dec. 7, 2010 (GLOBE NEWSWIRE) -- SinoFresh® HealthCare, Inc., (Pink Sheets:SFSH) is pleased to announce that it has acquired SRS International, Inc.(www.srsinternational.com), a leading consulting and regulatory company specializing in research and development, compliance and other regulatory matters. The acquisition of SRS International now forms the cornerstone of the Research and Development division of SinoFresh HealthCare, Inc.
SRS International Corporation as a wholly owned operating subsidiary of SinoFresh HealthCare, Inc. will interface both domestically and globally to efficiently introduce and support SinoFresh products entering the marketplace. Extensive experience in Asia as well as the Western world makes SRS International Corporation the perfect acquisition to support the development and introduction of SinoFresh HealthCare, Inc. product lines in both the national and international markets.
John Todhunter, Principal of SRS International, has a distinguished record of representing companies before the Food and Drug Administration and the Environmental Protection Agency, as well as designing and conducting clinical studies. Todhunter is a former Presidential Appointee, having been appointed to the EPA by President Ronald Reagan.
SinoFresh CEO David R. Olund comments, "The acquisition of SRS International and the addition of John Todhunter to our team are significant events and signal a vote of confidence in the future of SinoFresh HealthCare, Inc., by SRS International, a leading company in the pharmaceutical research and development and clinical studies field. The DSRS International team immediately brings us regulatory and product development expertise at a level of competence and experience that could not easily be duplicated by an emerging growth-oriented company. Overall, we are truly fortunate to have a world-class team and John Todhunter forming our R&D division."
SinoFresh HealthCare, Inc. is a publicly traded company (Pink Sheets:SFSH) based in Venice, Florida, that manufactures and distributes nasal, oral and topical antiseptic germ-killing products. SinoFresh products are marketed and distributed globally through a network of strategic wholesale and retail partners. SinoFresh HealthCare, Inc's, premier product, SinoFresh Antiseptic Homeopathic Nasal spray, has in laboratory tests shown effective antiseptic capability against a variety of pathogens such as MRSA, E-Coli, H1N1 and a broad range of other viruses, molds, fungi and bacteria.
For more information please contact our Investor Relations department at 941.375.8174 option 8
This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe", "will likely result", "outlook", "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.
CONTACT: Sinofresh Healthcare Inc.
Investor Relations
941.375.8174 option 8
Source: Globe Newswire (December 7, 2010 - 10:22 AM EST)
News by QuoteMedia
www.quotemedia.com
National Automation Services, Inc. Announces Company Repurchase of 50% of All Outstanding Shares
Dec. 7, 2010 (Marketwire) --
LAS VEGAS, NV -- (Marketwire) -- 12/07/10 -- National Automation Services, Inc. ("NAS") (www.nasautomation.com) (PINKSHEETS: NASV) (OTCQB: NASV) announced today that it is planning to repurchase 50% of all outstanding free trading common stock from its investors at fair Market Price. The repurchase is to take place in January of 2011 and will allow the Company to use the Stock for new acquisitions which is developing rapidly over the next eighteen months. The Company is prepared to repurchase up to 28 million shares which will conclude a massive reinvestment into the Company.
Bob Chance, President and CEO of National Automation Services stated today, "The Company is making this move to fill the Treasury with stock to be used in negotiating the planned acquisitions. More details of the planned repurchase will be released on the day of implementation."
Stay Connected:
Join our NAS E-News Connection and our official NAS Facebook Fan Page for the most recent news. Management also encourages investors to read the 10-K audited financials as well as all required documents the Company files with the SEC. Such documents can be obtained on the SEC website at www.sec.gov or on the Company's website at www.NASAutomation.com.
About National Automation Services, Inc.:
National Automation Services, Inc. headquartered in Nevada, a Corporation with wholly owned subsidiaries in Arizona and Nevada, designs, manufactures, and programs Automation and Control Systems. View our technical skills, project history, and key personnel at www.NASAutomation.com
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the ability to obtain the additional working capital which NAS needs; the ability to complete the move to the OTC.QB; the ability to locate suitable companies to acquire and then integrate such acquired companies, if any; the ability to retain key employees; the ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; changes to operating systems and product strategy by vendors of operating systems, and whether NAS can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. References herein to "NAS," "National Automation Services," "the Company," "we," "our" and similar words or phrases are references to National Automation Services, Inc., unless the context otherwise requires.
CONTACT INFORMATION
National Automation Services, Inc.
Marketing Manager
2470 Saint Rose Pkwy Ste 314
Henderson, NV 89074
Phone: 702-487-NASI (6274)
Email Contact
Source: Marketwire (December 7, 2010 - 10:56 AM EST)
News by QuoteMedia
www.quotemedia.com
Yasheng Group Fruit Segment Expects Increases of Approximately 27% and 15% in Sales Revenue and Net Profits Respectively in 2010
Dec. 7, 2010 (Marketwire) --
REDWOOD CITY, CA -- (Marketwire) -- 12/07/10 -- Yasheng Group (OTCQB: YHGG), a high-growth diversified China-based agricultural company with US headquarters in California, expects sales revenue and net profits for its fresh and processed fruit segment to advance by approximately 27% and 15% respectively in 2010 as a result of increased demand and rising food cost. The Company estimates total sales of fruit products to exceed $ 300 million in 2010 compared to $249 million in 2009. A decrease in harvested product volume caused by an early snow storm in part of Northwest China this year was offset by 50% higher purchasing prices of fruit products, which led to better returns than in the previous year.
When combined, Yasheng Group's orchards exceed 4,000 acres, on which twelve products are grown, including award winning Zaosu pears, Red Fuji apples, and apricots. These products have become world renowned as a result of their growing regions. The dry climate with long sunny, hot days combined with cold nights, enables the fruit to produce more sugars as well as reach superior size, creating a demand in high-end markets.
The China Green Food Development Center designated Yasheng as the "National Grade A Green Food Production Base." The base adopts "ISO 14001" environmental management standards and has been certified by CEC (China Environmental United Certification Center). The Yasheng facilities represent one of the largest enterprise-scale "Green Food" fruit-product bases in China.
The apples and pears produced by Yasheng are 100% organic and each fruit is grown inside a special bag that protects it from pests, frost, and air-borne diseases. The package is applied to the fruit after it blossoms and the fruit is harvested with the bag intact for packaging. There is no need to apply any harmful pesticides and natural fertilizers are fed through filtered water-saving drip irrigation.
AAA Fresh fruit products are packaged and palletized for shipment to high-end markets along the coastal regions of China, Hong Kong, and Taiwan and sold at premium prices. Yasheng Group has a modern cold storage facility that holds over 30,000 tons of products with a shelf life of up to eight months.
The majority of medium quality fruit products are sold within the province and around China and odd size fruit are used for purees and sauces utilizing ISO HACCP standards with imported modern processing equipment that packages the product directly into 0.2-ton airtight bags. The company also produces dried fruits, with apricots being nationally recognized for their all natural quality.
Yasheng's fruit orchards are relatively new and just entering their most productive years and the company is expecting an increase in yields from the current orchard bases. The company also has plans to plant an additional 500 acres of fruit trees over the next three years and will continue this trend for a stable cycle of fresh fruit trees. In addition, Yasheng has planned to expand the dried fruit and vegetable processing line, as well as to develop an IQF "Packaged Frozen Fruit & Vegetable" product line.
Yasheng Group
Yasheng Group (OTCQB: YHGG) (www.yashenggroup.com), founded over 30 years ago, is a US holding company that conducts primarily agricultural operations in the Northwest of China. Today it is one of China's leading producers and marketers with six major product segments including field crops, vegetables, fruit, specialty crops, hops, hemp, seeds, beef and poultry. Yasheng is a supplier of high-quality agricultural products to world-famous conglomerates such as McDonald's, KFC, Tsingtao Beer, and Pepsi. The company is lead by a highly qualified management team and it has total assets of approximately $1.7 billion, over 15,000 employees, and a history of strong sales and earnings growth.
Safe Harbor Statement
Except for the historical information contained herein, certain matters discussed in this press release are forward-looking statements which involve risks and uncertainties. These forward-looking statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are discussed in the company's various filings with the Securities and Exchange Commission. The company assumes no obligation to update these forward-looking statements.
Contact:
Gene Marbach
212-508-9645
Email Contact
Daniela Viola
212-508-9676
Email Contact
Source: Marketwire (December 7, 2010 - 11:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Black Dragon Discusses Company Objectives
Dec. 7, 2010 (GlobeNewswire) --
OIL CITY, La., Dec. 7, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. ("the Company," "Dragon") (Pink Sheets:BDGR) is pleased to announce that the Company has entered into an agreement with Black Dragon Resources Ltd., a Canadian Corporation recently listed on the Frankfurt stock exchange under the stock symbol 8BD.F. 8BD has requested that the terms of the agreement not be released until it has received an executed contract with a German fund. Management is hopeful that the terms of the agreement will be able to be released in the near term. Management plans on using the agreement with 8BD to pay the company dividends which will be used to drill more wells and retire outstanding shares.
Black Dragon is also planning an aggressive drilling program which includes the drilling of 8 deep wells in 2011. These wells will be joint ventures with four other oil companies. Drilling sites include Louisiana, Texas and Arkansas. Management remains steadfast in growing its shallow oil and gas businesses in 2011 as well.
According to Thomas Neely, President, "The company is using its cash position to further progress opportunities for Black Dragon. I am confident that we will be able to increase shareholder value by aligning a successful drilling program with a well sustained share buyback program."
Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to re-complete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels and to purchase additional leases.
Forward-Looking Statements - Safe Harbor:
Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
CONTACT: Black Dragon Resource Companies, Inc.
Investor Relations
913-226-3818
Source: Globe Newswire (December 7, 2010 - 11:36 AM EST)
News by QuoteMedia
www.quotemedia.com
(NVAE) Savanna East Africa Webcast on Recent Acquisition With Two More Anticipated This Month and $10 Million in 2011 Revenue Goal Set for Release Friday
Dec. 7, 2010 (U.S. Equity News) --
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced a Webcast scheduled for release for this Friday, December 10, 2010 to review its recently announced acquisition in Kenya. The recent acquisition is the first of three acquisitions anticipated before year-end. The three acquisitions are expected to substantially contribute to the Company's $10 million in revenue anticipated in 2011.
Earlier this year, Savanna launched a business plan expansion strategy directed at acquiring and developing a portfolio of high growth potential operations in Africa. A link to the Webcast will be posted to the corporate website at www.savannaea.com and emailed to the corporate opt-in email database upon release.
The recent acquisition establishes an operating platform for the Company in East Africa. The Company has worked closely over the past year with NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) as part of the NewMarket Greenfield Partnership Program. Through the Greenfield Program, a Nairobi-headquartered company was established last year to begin developing high growth business opportunities in East Africa. The Nairobi-based company was similarly named Savanna East Africa, Ltd. Savanna East Africa, Inc. has acquired a majority interest in Savanna East Africa, Ltd., and the two additional pending acquisitions would be executed by Savanna East Africa, Ltd.
Aside from the two pending acquisitions in East Africa, Savanna has been organically developing technology and construction operations. Savanna has engaged technology projects in East Africa in partnership with other NewMarket Greenfield Partners. Savanna and Greenfield Partner China Crescent Enterprises, Inc. (OTCBB: CCTR) recently announced a GPS-enabled radio communication sale in Kenya. To learn more about Savanna East Africa visit the Company's website at www.savannaea.com.
Savanna East Africa Information and Email Newsletter
To learn more about Savanna East Africa and to sign up for company email alerts, please visit the corporate website at www.savannaea.com.
About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy early this year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Savanna has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact: Savanna East Africa, Inc. 214-722-3044
Contact: U.S. Equity News Tel: (949) 390-0111 Email: info@usequitynews.com
Newstex ID: USE-1074-51461909
Source: U.S. Equity News (December 7, 2010 - 11:42 AM EST)
News by QuoteMedia
www.quotemedia.com
GreenHouse Holdings to Present at 3rd Annual LD MICRO Conference
Dec. 7, 2010 (Marketwire) --
SAN DIEGO, CA -- (Marketwire) -- 12/07/10 -- GreenHouse Holdings, Inc. (OTCQB: GRHU) (PINKSHEETS: GRHU) ("GreenHouse"), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, today announced that it is scheduled to present at the upcoming 3rd annual LD MICRO conference on Thursday, December 9, 2010, at 2:30 PM (PST) on Track 4 at the Luxe Sunset Bel Air, in Los Angeles, California. Mr. John Galt, Executive Chairman, will provide a complete business update and answer questions relating to GreenHouse Holdings' recent operational updates.
Mr. Galt will also conduct a series of meetings with members of the investment community and will be available for one-on-one meetings with investors participating in the Third Annual LD MICRO Conference. If you would like to schedule a meeting with GreenHouse's management team, please contact Alliance Advisors, LLC via email at bkobel@allianceadvisors.net.
About LD MICRO
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor.
About GreenHouse Holdings, Inc.
GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world's most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people. Other flagship products and solutions include the Green Village, R.A.P.S., and One Link. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
Contact:
Investor Relations
Alliance Advisors, LLC
Chris Camarra or Bryan Kobel
Email Contact
Email Contact
(212) 398-3487
Source: Marketwire (December 7, 2010 - 12:39 PM EST)
News by QuoteMedia
www.quotemedia.com
Rio Alto Announces Senior Management Appointment
Dec. 7, 2010 (Marketwire) --
CALGARY, ALBERTA -- (Marketwire) -- 12/07/10 -- Rio Alto Mining Limited ("Rio Alto") (TSX VENTURE: RIO)(OTCQX: RIOAF)(BVLAC: RIO)(FRANKFURT: MS2) is pleased to announce that Mr. Paul Tweddle has been appointed as Vice President of Planning/Risk Management of the Company.
Mr. Tweddle brings extensive knowledge and experience from various sectors of the mining and metals industry. Most recently, he assisted in the evaluation and acquisition of mining operations as well as serving on the investment management committee of LW Funds' Natural Resource Fund, specializing in identifying mining investment opportunities. Prior to working in the mining sector, Mr. Tweddle was the Global Macro Strategist at Dunheath Capital, a macro hedge fund specialized in commodities with a metals focus. He has also worked as a physical base and precious metals trader, a risk manager at a copper semi manufacturer, and a trader of futures and options on both precious and base metals. Mr. Tweddle holds an MBA from the Yale School of Management and a Bachelor's Degree in Business Administration with a major in Accounting and Finance from the University of Washington.
Anthony Hawkshaw, CFO commented that, "Paul's extensive network within the Latin American and New York financial communities, his North and South American mining and metals industry experience, and his financial analysis and planning skills will help Rio Alto make the transition from a gold mine developer to producer over the coming months. He will also make important contributions to the upcoming feasibility study for the La Arena copper sulphide deposit. We are especially pleased that he is joining our Peruvian management team."
Rio Alto also announces that it has granted stock options to Mr. Tweddle to acquire a total of 250,000 common shares pursuant to the terms of its stock option plan. These options are exercisable at $2.00 per common share.
To learn more about Rio Alto Mining Limited, please visit: www.rioaltomining.com or Rio Alto's SEDAR profile at www.sedar.com.
ON BEHALF OF THE BOARD OF RIO ALTO MINING LIMITED
Anthony Hawkshaw, Director and Chief Financial Officer
Contacts:
Rio Alto Mining Limited
Anthony Hawkshaw
CFO & Director
+1 604 628 1401 or +511 625 9900
tonyh@rioaltomining.com
Rio Alto Mining Limited
Alejandra Gomez
Investor Relations
604.628.1401
866.393.4493 (FAX)
alejandrag@rioaltomining.com
www.rioaltomining.com
Source: Marketwire (December 7, 2010 - 12:46 PM EST)
News by QuoteMedia
www.quotemedia.com
dPollution International Inc. (RMGX) Receives Letter of Intent for Sale of First 1,000 Units
NEW YORK, NEW YORK, Dec. 7, 2010 (Marketwire) -- dPollution International Inc. (PINK SHEETS:RMGX) announced today it has received a Letter of Intent from the Suriname Ministry of Public Works and Directorate of Civil and Technical Works for the purchase of the first 1,000 units of its dPollution Device based on successful product testing.
"We are pleased that our technology could play a role in helping to reduce toxic emissions and protect lives in Suriname," dPollution President and CEO Rocco Di Fruscia stated. "We believe this request is the first of many that we will receive from CARICOM member countries, Central and South America, as they continue to legislate against pollution and show support for companies like ours that offer proven, cost-effective solutions."
The LOI formalizes Suriname's plan to acquire units of the dPollution Device for incorporation in a planned green-technology initiative focused on the reduction of greenhouse gases.
"One of the key components of this effort would be to equip all government vehicles with the dPollution Device in order to combat engine emissions," said Director of Public Works Mr. R. King, M.Eng. "In the future, we hope to include all vehicles in Surinam in this greenhouse gas reduction initiative."
The LOI outlines the Ministry's intention to purchase at least 1,000 dPollution units, both gas and diesel, conditional on testing and measuring the benefits of the devices in country.
About dPollution International Inc.
dPollution (PINK SHEETS:RMGX) owns the exclusive manufacturing and distribution rights to a patented fuel-conditioning technology that reduces polluting emissions and increases mileage. dPollution's innovative products improve engine performance by causing fuel to combust more efficiently and completely. The technology works on all closed-combustion engines, including those used in cars, trucks, buses, trains and heavy equipment. For more information, visit www.dPollution.com.
Forward looking statements
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Risk factors listed from time to time in its news releases and its filings with the PinkSheet OTC Market Services may impact the Company's actual performance and future results. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in forward-looking statements.
dPollution International Inc. President & CEO 514 586-3799 dPollution International Inc. Public Relations 514 586-3799 mike@dpollution.com www.dPollution.com
Source: Marketwire Canada (December 7, 2010 - 1:33 PM EST)
News by QuoteMedia
www.quotemedia.com
GeoBio Energy, Inc. Update on Recent Corporate Capital Restructuring and Business Plan
Dec. 7, 2010 (GlobeNewswire) --
SEATTLE, Dec. 7, 2010 (GLOBE NEWSWIRE) -- GeoBio Energy, Inc. (Pink Sheets:GBOED) ("GeoBio"), today announces that it is pleased with its current progress implementing its business plan. On December 1, 2010, GeoBio completed its planned 5,500:1 reverse recapitalization of its common stock. GeoBio believes this recapitalization is integral to its strategic growth and financing plans, and confirms that its current issued and outstanding common stock following the recapitalization is 2.4 million shares (2,486,314).
GeoBio believes this recapitalization is integral to its strategic growth and financing plans. In response to increased market activity the Company wishes to advise shareholders that it is not aware of any material operating event behind the unusual trading activity on its shares.
About GeoBio Energy:
GeoBio Energy's business model emphasizes the acquisition and operation of existing companies in the oil and gas services and energy industry. As oil and gas exploration continue in the face of ever rising demand, preparing and monitoring drilling sites and obtaining peak efficiency and production from existing, aging wells becomes increasingly important. GeoBio believes this to be a significant growth opportunity in its strategy to combine and consolidate companies in the oil and natural gas services sector. Visit GeoBio's web site: http://www.geobioenergyinc.com/
Safe Harbor Statement
This Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as GBOE "expects," "should," "believes," "intends," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of GBOE, which could cause actual results, performance or achievements of GBOE to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. GBOE disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Risks particularly associated with our current business include, but are not limited to the risks associated with our ability to (i) obtain the necessary financing to complete our prospective acquisitions and other targeted companies and to finance our current operations, (ii) generate sufficient revenue and obtain profitability, (iii) obtain additional financing as needed, (iv) manage changes in general economic and business conditions (both generally and in the natural gas and oil services and the energy industry), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) identify and manage risks in connection with acquisitions (viii) evaluate and effect the level of demand and market acceptance of our services and (ix) make necessary changes to our business strategies.
CONTACT: GeoBio Energy Corporation
Investor Relations
Joseph J. Malone
786-375-0556
info@geobioenergyinc.com
www.valuecorptrading.com
Source: Globe Newswire (December 7, 2010 - 1:55 PM EST)
News by QuoteMedia
www.quotemedia.com
Everybody's Phone Company Enters Negotiations With Huge Long-Distance Provider
Successful Negotiations Will Ensure More Service Packages and Higher Potential Profits
Dec. 7, 2010 (GlobeNewswire) --
HOUSTON, Dec. 7, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid home telephone services, announced today that it has started negotiating with a major long distance service provider to expand their pre-paid services for consumers.
Steven H. Bethke, President, states," We are very enthusiastic about this new opportunity; as a result of negotiations with this major long distance service provider, and upon the completion of successful negotiations, Everybody's Phone Company will be able to offer bundled long distance services to our pre-paid subscribers anywhere our pre-paid services are currently available." Bethke also added, "After negotiations we should have the means to introduce new, improved service packages to our ever-expanding customer base, including those customers in the planned zones of expansion past Texas in other states nationwide. Adding pre-paid long distance services to our current plans has a huge benefit for the company as well, these improved packages have the potential to rapidly grow our annual revenues and increase profits."
EVPH has done extensive research and found that $150 Billion per year in the U.S. is spent on residential and business communications. During their research EVPH also found that 1/3 of the population do not have bank accounts and rely fully on check cashing locations to manage money. EVPH offers prepaid convenience billing, month-to-month coverage and up-front payments which ensure that the consumer is in control of how much they spend and how long they use the services. Despite the overwhelming success of cell-phones, people still need the accessible, low cost, low maintenance options of land lines for their businesses and/or residential communications needs. EVPH has researched and found that their target consumer accounts for nearly 30% of the Texas population; the number of targeted consumers grows in other states due to high unemployment rates, bad credit nationwide and growing consumer desire for contract-free billing options. Basic communications such as local telephone service and 911 emergency accesses are lifelines to many people, such as at risk groups like the elderly. EVPH is different from monopoly competitors by providing value, flexibility and peace of mind for their customers; it is this unique structure which positions them for success in the near future.
About Everybody's Phone Company
Everybody's Phone Company (EVPH) acquires heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and resells the service at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Everybody's Phone Company has obtained regulatory approval to sell and provide local telephone service in the State of Texas [Service Provider Certificate of Operating Authority (SPCOA) No. 60785]. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Everybody's Phone Company, Inc.
Steven H. Bethke, President & CEO
(713) 268-1610
www.everybodysphonecompany.com
Source: Globe Newswire (December 7, 2010 - 1:58 PM EST)
News by QuoteMedia
www.quotemedia.com
Trevali Appoints Kallpa Securities SAB as Advisor for Senior Listing Application on Lima Stock Exchange
Dec. 7, 2010 (Marketwire) --
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/07/10 -- Trevali Resources Corp. ("Trevali" or the "Company") (TSX: TV)(OTCQX: TREVF)(FRANKFURT: 4TI) has appointed Kallpa Securities SAB of Lima, Peru as advisor for its Lima Stock Exchange (BVL) listing application.
Kallpa Securities is preparing Trevali's application documents for a senior listing on the BVL and will assist in the Company's marketing in Peru. Kallpa will also provide all services required by the BVL and any other regulatory entities to satisfy local requirements relating to all marketing activities in compliance with the BVL and CONASEV (Comision Nacional Supervisora de Empresas y Valores) regulatory bodies on behalf of Trevali. The Company cautions that there can be no assurance that its application to list its shares on the BVL will be approved.
Additionally, Kallpa will provide Trevali with market information, organize meetings with key participants in the Peruvian market (institutional investors, retail investors, and brokerage firms), aid in marketing document preparation, and provide research and regular updates on Trevali to their Peruvian investment network.
"We are proud to be appointed Advisor to Trevali in Peru and look forward to introducing their near-term silver-lead-zinc production-focused opportunity to the Peruvian markets," said Mr. Alberto Arispe, Kallpa Securities' CEO.
"We are very pleased to have Kallpa as our BVL listing advisor and look forward to expanding our shareholder base in the Peruvian market during this exciting period as Trevali advances towards production from its Santander mine project," stated Dr. Mark Cruise, Trevali's President and CEO. "Already one of the more important markets in South America, the BVL has recently entered into plans to join markets with the stock exchanges of Chile and Colombia in an initiative aimed to create the third largest stock exchange in Latin and South America with a combined capitalization of nearly US$500-billion - providing significant additional exposure to many new potential investors."
ABOUT TREVALI RESOURCES CORP.
The Company in conjunction with its partner, Glencore International A.G., has entered into a definitive development agreement for the Santander silver-lead-zinc project in west-central Peru that will see Glencore provide and operate on the property, a 2,000-tonne-per-day concentrate plant, undertake mining operations on a 'contractor/toll basis' and enter into a long-term concentrate offtake agreement with the Company for 100% of the Santander project's production at benchmark terms.
Additionally, through its wholly owned subsidiary Trevali Renewable Energy Inc., the Company is undertaking a significant upgrade of the Tingo run-of-river hydroelectric generating facility along with transmission line upgrades and extensions to allow, in addition to supplying power to the mining operation on the property, the potential sale of surplus power into the Peruvian National Energy Grid.
The common shares of the Company are currently listed on the TSX (symbol TV). For further details on the Company, readers are referred to the Company's web site (www.trevali.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
TREVALI RESOURCES CORP.
Mark D. Cruise, President
This news release contains "forward-looking statements" within the meaning of the United States private securities litigation reform act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and the company does not intend, and does not assume any obligation to, update such statements containing the forward-looking information. Such forward-looking statements and information include, but are not limited to statements as to: the accuracy of estimated mineral reserves and resources, anticipated results of future exploration, and forecast future metal prices, anticipated results of future electrical sales and expectations that environmental, permitting, legal, title, taxation, socio-economic, political, marketing or other issues will not materially affect estimates of mineral reserves. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained in this news release and the company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in spot and forward markets for silver, zinc, base metals and certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in currency markets (such as the Peruvian sol versus the U.S. dollar); risks related to the technological and operational nature of the Company's business; changes in national and local government, legislation, taxation, controls or regulations and political or economic developments in Canada, the United States, Peru or other countries where the Company may carry on business in the future; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits and the presence of laws and regulations that may impose restrictions on mining,; diminishing quantities or grades of mineral reserves as properties are mined; global financial conditions; business opportunities that may be presented to, or pursued by, the Company; the Company's ability to complete and successfully integrate acquisitions and to mitigate other business combination risks; challenges to, or difficulty in maintaining, the Company's title to properties and continued ownership thereof; the actual results of current exploration activities, conclusions of economic evaluations, and changes in project parameters to deal with unanticipated economic or other factors; increased competition in the mining industry for properties, equipment, qualified personnel, and their costs.
Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
Contacts:
Trevali Resources Corp.
Steve Stakiw
Manager - Corporate Communications
(604) 488-1661
(604) 408-7499 (FAX)
sstakiw@trevali.com
www.trevali.com
Source: Marketwire (December 7, 2010 - 2:01 PM EST)
News by QuoteMedia
www.quotemedia.com
Kalahari Greentech Provides an Update on the Dividend Distribution
Dec. 7, 2010 (GlobeNewswire) --
BALTIMORE, Dec. 7, 2010 (GLOBE NEWSWIRE) -- Kalahari Greentech, Inc. (Pink Sheets:KHGT) released an update today on the dividend distribution process.
Shareholders of record as of October 18, 2010 who hold their shares in electronic form within a brokerage account will receive their additional shares automatically, and do not need to contact the transfer agent.
Shareholders of record as of October 18, 2010 who hold their shares in paper certificate form are the only ones who need to contact the transfer agent to obtain their additional shares. To expedite service, the transfer agent recommends that you send an email requesting your shares. The email should contain your full name, your current mailing address and phone number, and should be sent to info@wallstreettransfer.com.
Kalahari Greentech appreciates the patience and cooperation of its shareholders during this process.
Please visit Kalahari's website at www.kalaharigt.com to learn more about the company's latest innovations.
About Kalahari Greentech, Inc.: Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
CONTACT: Kalahari Greentech
Investor Relations
410-242-0763
Source: Globe Newswire (December 7, 2010 - 3:40 PM EST)
News by QuoteMedia
www.quotemedia.com
Quad Energy Corp Signs LOI to Acquire 60% Working Interest With Blue Grass Energy Inc's Eddy Country Oil and Gas Properties
ORLANDO, FLORIDA, Dec. 7, 2010 (Marketwire) -- Quad Energy Corp (The Company) (PINK SHEETS:CDID) has entered into a letter of intent to acquire a 60% working interest in Blugrass Energy Inc's Cave Pool Unit oil and gas properties. The working interest of Blugrass Energy's properties covers approximately 2800 acres, located within Eddy County, NM. Currently there are 32 wells, which could be re-worked and brought back potentially to producing status. Additionally, there are over 100 possible new drilling locations based upon 20 acre spacing. Water disposal would be handled via the Cave Pool Unit's injection well which decreases water hauling costs thus increasing the economics of the Cave Pool Unit.
The Cave Pool Unit is located within the Artesia Vacuum Trend, more specifically within the Grayburg Jackson Pool. The Artesia Vacuum Trend contains thirteen reservoirs with more than 1 MMBO historic cumulative production. Cumulative production from these 13 reservoirs was 796 MMBO as of 2000. Depths to the top of reservoirs range from 1290 to 4700 ft. This is a mature field, especially within the highly productive San Andres carbonates. Lower permeability in the Grayburg sandstones, in the Grayburg Jackson reservoir during the mid-1990's, has been successful to the point of reversing production decline and is a major focus of current and future development.
Under the terms of the LOI The Quad Energy would pay up to $500,000 for Blugrass' 60% working interest in the Cave Pool Unit.
The company is undertaking due diligence and will announce the signing of a definitive agreement in the event that one is signed.
The Company has also decided after extensive Due Diligence that it is terminating the LOI with Luxur Resources as previously announced September, 30, 2010 as it does not fit into the current direction of the company.
Safe Harbor Act Notice:
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct
About Quad Energy Corp.
An independent junior oil and gas exploration, development and production company headquartered in Orlando, FL.The Company is duly incorporated in the State of Nevada. The Company's common shares are listed for trading on the electronic over-the-counter pinksheet's (OTC-PINK) market in the United States and trades under the symbol "CDID".
Behalf of the Board of Quad Energy Corp
Quad Energy Corp. Orlando, FL 407-506-4397 info@quadenergycorp.com www.quadenergycorp.com
Source: Marketwire Canada (December 7, 2010 - 3:44 PM EST)
News by QuoteMedia
www.quotemedia.com
Alexis Announces Update to Lac Pelletier Property Option
Dec. 7, 2010 (Marketwire) --
TORONTO, ONTARIO -- (Marketwire) -- 12/07/10 -- ALEXIS MINERALS CORPORATION (TSX: AMC)(OTCQX: AXSMF) ("Alexis" or the "Company") announces that further to its previous disclosure, the Company issued a production commitment notice to Thundermin Resources Inc. ("Thundermin") prior to September 1, 2010 to exercise its option to acquire the Lac Pelletier Property, in accordance with the September 2005 option agreement between the Company and Thundermin and related amendments thereto (the "Option Agreement"). The Company has been in discussion with Thundermin regarding the transfer of full title and ownership of the Lac Pelletier Property to the Company since the issuance of the production commitment notice. The Company has been advised that Thundermin intends to initiate an arbitration pursuant to the Option Agreement in the absence of a resolution to this matter.
Alexis continues work on the Lac Pelletier Property and believes that it has duly exercised its option under the Option Agreement. Alexis is fully prepared to defend its rights in respect of the Lac Pelletier Property through the arbitral process.
About Alexis Minerals
Alexis Minerals Corporation is a Canadian mining company listed on the Toronto Stock Exchange (symbol "AMC") and trades in the United States on the Over the Counter QX International platform ("OTCQX: AXSMF"). The Company owns one producing gold mine in Val-d'Or and the right to earn a 100% interest in the Lac Pelletier gold property in Rouyn-Noranda, both in Quebec. Alexis also owns the Snow Lake Mine in Manitoba. With these assets Alexis has the potential to develop gold production forwards. Alexis is targeting mid-tier gold production levels in 2011. Alexis undertakes exploration in the mineral rich Val-d'Or (100% ownership of 212 sq. km.) and Rouyn-Noranda Mining Camps (50% ownership of 785 sq.km and in joint venture with Xstrata Copper) as well as in the Snow Lake Mining Camp (100% ownership of 92 sq. km). For more information about Alexis Minerals visit alexisminerals.com.
Forward-looking information
This document may contain or refer to forward-looking information within the meaning of applicable securities laws, based on current expectations, including, but not limited to, expected outcome of negotiations, title to the Company's properties and future mining plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is based on the opinions and estimates of management as of the date such statements are made. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual outcome to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Alexis does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Contacts:
Alexis Minerals Corporation
David Rigg
President and CEO
(416) 861-5889
(416) 861-8165 (FAX)
info@alexisminerals.com
www.alexisminerals.com
Alexis Minerals Corporation
Louis Baribeau
Relationniste
(514) 667-2304
lb@decorporateconsultants.ca
Source: Marketwire (December 7, 2010 - 5:20 PM EST)
News by QuoteMedia
www.quotemedia.com
Canasia Industries Corporation: Clone Returns 68.65 Grams Per Tonne Gold From Bulk Sample
VANCOUVER, BRITISH COLUMBIA, Dec. 8, 2010 (Marketwire) -- Canasia Industries Corporation ("Canasia" and the "Company") (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) has been informed by the operator that all of the samples have been completed at the Clone gold property and the final grade for 34 one tonne samples retuned an average of 68.65 grams per tonne.
Negar Adam, President of Canasia stated, "We are very pleased with the 2010 drill program at the Clone as it confirmed and expanded the gold zone. Management is planning a much larger bulk sample program and drill program for 2011, and we anticipate being able to get back on the property much earlier than in 2010. Management is also optimistic that additional work may commence on our other projects shortly."
E.R.Kruchkowski, PGeo, a qualified person under National Instrument 43-101, has read and authorized this news release.
Canasia no longer holds an interest on the Eyehill Prospect.
If you would like to be added to Canasia's news distribution list, please send your email address to info@canasiaind.com.
Canasia has a well diversified portfolio of prospects. Canasia's current prospects include the following: (a) the Clone Gold prospect in Stewart, BC, that has returned grades as high as 44.75 g/t Au over 12.80 metres (announced October 22, 2009); (b) the Debut Gold prospect in NE Nevada; (c) 55,300 contiguous acres at Reed Lake, Manitoba; (d) 450,000 contiguous acres of Potash claims, bordering Alberta and Saskatchewan; (e) 130,500 acres prospective for Coal in SE Saskatchewan; (f) 180,000 acres prospective for Lithium in Alberta; (g) and mineral claims covering an area of approximately 9,200 hectares, located within the El Oro -- Tlalpujahua Gold/Silver belt in the states of Guanajuato and Michoacan, Mexico.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Negar Adam, President, Director
Canasia Industries Corporation
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Canasia Industries Corporation President, Director 1-877-225-6755 604-689-1733 (FAX) info@canasiaind.com www.canasiaind.com
Source: Marketwire Canada (December 8, 2010 - 3:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Brookemont Capital Inc.: Submission Made for Final Approval on 63.4 Square Kilometre Gold Prospect Bordering Canaco in Tanzania
VANCOUVER, BRITISH COLUMBIA, Dec. 8, 2010 (Marketwire) -- Brookemont Capital Inc. (TSX VENTURE:BKT) (PINK SHEETS:BKTRF) ("Brookemont" or the "Company") wishes to announce that it has now submitted to the TSX Venture Exchange ("Exchange") for final approval of the property acquisition in Tanzania. At this time Brookemont has received conditional approval by the Exchange for the property acquisition. On September 7, 2010, Brookemont announced it had entered into an option agreement with an arm's length vendor to acquire a 63.4 square kilometre property located in the Handeni Region of Tanzania. This prospect is bordering Canaco Resources Inc.'s (CAN-TSX.V) ("Canaco") Handeni Prospect in Tanzania.
Conrad Clemiss, President of Brookemont stated, "We have now made the submission for final approval of the property acquisition to the TSX Venture. When you look at how the market has embraced Tanzanian gold companies such as Canaco, management is excited about the potential impact this project would have on the Company, especially since Brookemont currently has just over 30 million shares outstanding."
Brookemont currently has the following projects: (a) quartz mineral claims in the Yukon bordering Underworld, which was recently taken over by Kinross Gold Corporation and directly above the Coffee Discovery from Kaminak; (b) mineral claim blocks in the Stewart Mining Region of British Columbia bordering Canasia Industries Corporation's Clone Prospect; (c) mineral claims prospective for lithium in Northern Ontario; and (d) land in North Eastern Quebec prospective for REE's. Brookemont has approximately 30 million shares outstanding.
Conrad Clemiss, Chief Executive Officer, Director
Brookemont Capital Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Brookemont Capital Inc. Chief Executive Officer, Director 1-604-899-9150 info@brookemontcapital.com www.brookemontcapital.com
Source: Marketwire Canada (December 8, 2010 - 3:02 AM EST)
News by QuoteMedia
www.quotemedia.com
San Gold Names Pirie President and CEO
Dec. 8, 2010 (Marketwire) --
BISSETT, MB -- (Marketwire) -- 12/08/10 -- Dale Ginn, CEO of San Gold Corporation (TSX: SGR) (OTCQX: SGRCF), is pleased to report that George Pirie has been appointed as president and chief executive officer of the company effective immediately. Mr. Ginn assumes the role of executive vice-chairman.
Mr. Pirie has over 29 years experience in senior management roles within the mining industry, specifically related to underground gold and base metal companies. Mr. Pirie's career began in Timmins, Ontario with Noranda's Pamour Porcupine Mines, joining with Dome Mines in 1985 to begin an impressive 20 year career with Placer Dome Canada. Various senior positions were held during this period including chief financial officer with Placer Dome North America and Placer Dome Canada, culminating as president and chief executive officer of Placer Dome Canada, as well as Executive Vice-President of Placer Dome Inc., responsible for Canadian operations which included Red Lake, Timmins and Musselwhite. Mr. Pirie has also held the president and chief executive positions at Breakwater Resources and Northern Star Mining and has served on a number of boards including the Mining Association of Canada, Ontario Mining Association, the Ontario Mineral Industry Cluster Council and Mirarco. Mr. Pirie has also served on the board of Pallidan Uranium and continues to serve on the board of Auryx Gold and Lithium Americas Corporation.
Dale Ginn commented, "We are very fortunate to be able to attract someone of George's calibre and experience to San Gold. This move signals the beginning of the transition for our company from its roots in exploration to becoming an integrated, profitable production and exploration company. Under George's leadership, San Gold's strengths will be built upon and I look forward to working with George and focusing our energies on continuing growth for our company."
Mr. Pirie stated, "San Gold is currently a dynamic and successful gold exploration company, having discovered seven high grade gold deposits over the past five years, and yet is still in the initial stages of executing on its new exploration model for the Rice Lake camp. San Gold expects to continue delivering on this model well into the decade. These discoveries will provide the foundation for San Gold's growth into a robust intermediate producer."
Mr. Pirie continued, "It is a rare and exciting opportunity to lead a company and team with such an outstanding rate of exploration success into the next phase of its development with solid profitability and corporate expansion. I look forward to this challenge and opportunity to demonstrate that we are the growth vehicle of choice."
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, contact:
Dale Ginn
Executive Vice-Chairman
San Gold Corporation
(204) 794-5818
Investor Relations
1-800-321-8564
Source: Marketwire (December 8, 2010 - 6:00 AM EST)
News by QuoteMedia
www.quotemedia.com
American Manganese Inc.: Shareholders' Rights Plan
VANCOUVER, BRITISH COLUMBIA, Dec. 8, 2010 (Marketwire) -- American Manganese Inc. ("American Manganese" or the "Company") (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) announces that its Board of Directors has approved the adoption of a Shareholders' Rights Plan Agreement (the Rights Plan). The Rights Plan has been adopted to ensure the fair treatment of all American Manganese shareholders in connection with any possible future take-over bids for the outstanding common shares of the Company. The Rights Plan will provide shareholders with adequate time to properly evaluate and assess a take-over bid without facing undue pressure or coercion. The Rights Plan is similar to the plans adopted by other Canadian companies.
The Plan has not been adopted in response to, or in contemplation of any specific proposal to acquire control of American Manganese. The Rights Plan also provides the Board with additional time to consider any take-over bid and, if applicable, to explore alternative transactions in order to maximize shareholder value. The Plan is not designed to prevent take-over bids that treat American Manganese shareholders fairly. Pursuant to the terms of the Rights Plan, any bids that meet certain criteria intended to protect the interest of all shareholders are deemed to be "Permitted Bids". A Permitted Bid must be made by way of a take-over bid circular prepared in compliance with applicable securities laws and, in addition to certain conditions, must be made to all American Manganese shareholders for all of their shares. In the event a take-over bid does not meet the Permitted Bid requirements of the Rights Plan, the rights issued under the plan will entitle shareholders, other than any shareholder or shareholders involved in the take-over bid, to purchase additional common shares of American Manganese at a significant discount to the market price of the common shares at that time.
The Rights Plan has been conditionally approved by the TSX Venture Exchange (the "Exchange"). Final Exchange acceptance is subject to the shareholders' ratification at the annual and special general meeting of shareholders to be held on January 5, 2011. The text of the Rights Plan will be filed on SEDAR in the coming weeks.
About American Manganese Inc:
American Manganese Inc. is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh, President and Chief Executive Officer
This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
American Manganese Inc. President and Chief Executive Officer 604-531-9639 604-531-9634 (FAX) www.americanmanganeseinc.com
Source: Marketwire Canada (December 8, 2010 - 6:01 AM EST)
News by QuoteMedia
www.quotemedia.com
Ideal Financial Solutions Back to Adding Over a Hundred New Club Members Daily
Dec. 8, 2010 (GlobeNewswire) --
LAS VEGAS, Dec. 8, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a creator of various financial products and services for businesses and individuals, reports that the company is once again adding in excess of a hundred new Ideal Financial club members daily, and that transactional volume is generally increasing day-to-day. All of these transactions are being processed using Ideal's new e-check platform, effectively completing the migration away from riskier credit card payments.
"We're excited to be back processing payments and creating new club members of Ideal Financial's suite of services," stated Steve Sunyich, CEO, Ideal Financial Solutions. "We can tell from looking at the consumer and economic data that outstanding debt is still an enormous issue for many Americans. Our product is an effective remedy for those who take advantage of the program."
"We're exceedingly pleased to see our new e-check payment architecture effectively processing the results of our renewed marketing programs," said Brian Jensen, VP of Marketing for Ideal Financial Solutions, Inc. "It's satisfying that we are doing this through an e-check platform based on real dollars in an individual's bank account and not a credit card that leads to the type of 'pay it later' spending that our program seeks to control."
"2010 has been a volatile year but we have turned a corner and are now in an excellent position for expanding our reach to even more customers. We will continue to help more people through our new marketing campaigns and partners," Sunyich added.
"It is important to note that in our business customers can come and go. When you are dealing with people who have not always managed their finances effectively new ideas and concepts sometimes take a while to be accepted. Because of this, not every transaction will result in a recurring membership," Sunyich added. "However, adding only 100 new customers per day has the potential of generating over $1.5 million in recurring revenue annually. We are already doing more than this daily and we have just barely reignited our marketing."
About Ideal Financial Solutions
Based in Las Vegas, Nevada, Ideal Financial Solutions (www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in debt relief services, Ideal uses its automated CashFlow Management© tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view more information on Ideal's new humanitarian program soon to be launched please visit www.idealgoodness.com. To view a short video demo of our services go to:
Everybody's Phone Company Announces it Has Started Negotiating With a Major Long Distance Service Provider
Dec. 8, 2010 (GlobeNewswire) --
HOUSTON, Dec. 8, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid telephone services, announced today that it has started negotiating with a major long distance service provider to expand the pre-paid services marketed to consumers.
Steven H. Bethke, President, said, "As a result of negotiating with this major long distance service provider and upon the completion of successful negotiations we will be able to offer our bundled long distance services to our pre-paid subscriber anywhere our pre-paid service is marketed." Steven H. Bethke added that adding pre-paid long distance services to the services provided will rapidly grow our annual revenues and increase profits.
About Everybody's Phone Company
Everybody's Phone Company (EVPH) acquires heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and resells the service at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Everybody's Phone Company has obtained regulatory approval to sell and provide local telephone service in the State of Texas [Service Provider Certificate of Operating Authority (SPCOA) No. 60785]. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Everybody's Phone Company
Steven H. Bethke, President & CEO
(713) 268-1610
www.everybodysphonecompany.com
Source: Globe Newswire (December 8, 2010 - 8:25 AM EST)
News by QuoteMedia
www.quotemedia.com
ActionView International, Inc. Announces Details of First of Three Fight Events to be Held in the Boise Market
The Boise Event Will be Held at The Knitting Factory and Broadcast Live on FightTV
Dec. 8, 2010 (GlobeNewswire) --
DANVILLE, Calif., Dec. 8, 2010 (GLOBE NEWSWIRE) -- ActionView International, Inc. (Other OTC:AVEW) today announced details of the first of three World Championship Full Contact (WCFC) events scheduled to be held in the Boise Idaho market. The first Boise event, titled "Hard Knocks" and scheduled for January 29, 2011, will be held at The Knitting Factory and will include a Pro-Am card featuring experienced amateurs alongside the best professional fighters in the region.
The 10-fight card features local stars on the rise including Brandon Rafferty, Colton Vaughn, Veta Artega. The professional main event card features Mauy Thai and MMA fighter Matt "Mayhem" May and Freddy "No Fear" Aretega. Doors will open for the event at 6:00 pm local time and tickets can be purchased at The Knitting Factory. The "Hard Knocks" event will also be broadcast live on www.wcfc.com FightTV for just $4.95.
"We look forward to WCFC's first event in the Boise market as it signals an expansion in the organization's territory and exposes a new group of fight fans to the WCFC brand and style," said Gary Nerison, Chairman and CEO of ActionView International, Inc. "We expect this to be another well-attended event and hope that those unable to attend in person will watch the live broadcast on FightTV."
Shareholders and anyone interested in monitoring the progress of the companyare encouraged to subscribe to the electronic mailing list by forwarding their email address to investors@actionviewint.com.
About ActionView International, Inc.
ActionView International, its wholly owned MatchFights, LLC subsidiary and the World Championship Full Contact brand deliver exciting, live, pay-per-view events in an interactive venue over the Internet to a global audience. For additional information about MatchFights and its World Championship Full Contact brand, please visit www.wcfc.com and join the world's premier fight-based network.
CONTACT: ActionView International, Inc.
Shareholder Relations
1-800-480-2690
investors@actionviewint.com
Source: Globe Newswire (December 8, 2010 - 8:30 AM EST)
News by QuoteMedia
www.quotemedia.com
Prophecy Appoints Michael J Deats as Director
Dec. 8, 2010 (Marketwire) --
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/08/10 -- Prophecy Resource Corp. ("Prophecy" or the "Company") (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the appointment of Michael J Deats as an independent director of the Company.
Michael J Deats, a Wits University graduate mining engineer spent most of his productive working life at Iscor South Africa, ultimately being responsible for their vast mining operations. These included the world class Sishen Iron Ore export mine and Grootegeluk coal mine which he developed from inception to eventually feed a 3600MW coal fired power station. During his career at Iscor he also personally introduced fully mechanised longwall coal mining at Durban Navigation Colliery.
Mike's directorships ranged from being a director of BP Southern Africa, Managing Director of BP Coal Southern Africa as well as numerous coal related companies including The Richards Bay Coal Terminal Company/ The Transvaal Coal Owners Association. During this period he was responsible for establishing BP Coal's opencast flagship colliery Middelburg Mine and marketing its product all over the world (over 5.5 million tons per annum).
During his tenure at Eskom. Mike served with distinction becoming Executive of the Year in 1992, was promoted to Senior General Manager and his portfolio, encompassing acquisition of primary energy (well over 120 million tons per annum), was enlarged to include engineering and project services. During his last two years at Eskom, he was responsible for the direction of the entire Generation Division viz all coal-fired power stations/hydro-stations and the nuclear power station together with all their support services. The premature closure of Majuba colliery was a "highlight" of his career at Eskom, as the colliery was too optimistically designed in the light of the prevalence of dolerite dykes intersected by opening-up development.
Although retired from Eskom, Mike is still actively consulting in the nuclear field/mining engineering area and governmental regulatory work and is an elected trustee with BP Southern Africa Pension Fund and the Arcelor-Mittal Pension Fund.
The Company also wishes to announce the retirement of G. Arnold Armstrong, Co-Chairman and director of Prophecy. Mr. Armstrong founded Red Hill Energy Inc. in the late 70s and led the Company until its merger this year with Prophecy Resource Corp. Prophecy would like to thank Mr. Armstrong for his long standing service.
About Prophecy Resource
Prophecy Resource Corporation is an internationally diversified company engaged in developing energy, nickel and platinum group metals projects. The company controls over 1.4 billion tons of open-pittable thermal coal in Mongolia (839 Mt Measured, 579 Mt Indicated). Prophecy's Ulaan Ovoo coal mine is fully commissioned and in production. In Canada Prophecy owns Wellgreen PGM Project in Yukon, Lynn Lake Nickel Sulphide Project in Manitoba, and a 10% equity stake in Victory Nickel. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
ON BEHALF OF THE BOARD OF DIRECTORS of Prophecy Resource Corp.
John Lee, Chairman
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Contacts:
Prophecy Resource Corp.
Scott Parsons
+1.604.642.2625 ext. 106
Prophecy Resource Corp.
Paul McKenzie
+1.604.642.2625 ext. 107
Prophecy Resource Corp.
John Lee
+1.800.851.1528
john@prophecyresource.com
www.prophecyresource.com
Source: Marketwire (December 8, 2010 - 8:31 AM EST)
News by QuoteMedia
www.quotemedia.com
Tao Minerals Ltd. Strengthens Exploration Team and Commences Four-Stage Geophysical Review of the Mutata Project
MEDELLIN, COLOMBIA, Dec. 8, 2010 (Marketwire) -- Tao Minerals Ltd. (Tao) (PINK SHEETS:TAON) is pleased to announce that they have commenced the first phase geophysical review of the Mutata Gold and Platinum project. As part of the 90 day assessment period of the highly prospective Mutata project Tao has hired Senior Resource and Professional Geologist, James A. McCrea to lead this four-stage review. Mr. McCrea has more than 22 years experience in exploration and mining geology, and 15 years experience in mineral resource estimation. Jim's experience was gained through working for junior mining/exploration companies and engineering firms SRK and Snowden. His geological expertise ranges from technical review and due diligence to resource estimation and feasibility studies. Jim has experience in a range of commodities, but primarily gold, silver and copper, in a variety of geographic settings around the world with particular focus on North and South America. Having performed ore body modelling and resource estimation for the successfully targeted take-over company Cumberland Resources Ltd. by Agnico-Eagle Mines Ltd. and more recently Mr. McCrea has completed mineral resource estimations underpinning ongoing or future feasibility studies for companies such as Silver Standard Resources Inc., Norsmont Mining Inc. and Candente Resource Corp. Mr. McCrea graduated from the University of Alberta with a B.Sc. in Geology in 1988.
Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia doing so in a socially and environmentally responsible manner.
Notice regarding forward looking statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the expectation of low cost opportunity, the final terms of the acquisition and the gold production of the property to be acquired.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2009 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Tao Minerals Ltd. President & CEO 877-331-8777
Source: Marketwire Canada (December 8, 2010 - 8:31 AM EST)
News by QuoteMedia
www.quotemedia.com
Strategic Mining Corp. (SMNG) Issues Update Letter to Shareholders
The Company Intends to Continue to Focus Its Exploration, Development and Future Acquisition Efforts on Northern Vietnam During 2011
NEW YORK, NEW YORK, Dec. 8, 2010 (Marketwire) -- Strategic Mining Corporation (PINK SHEETS:SMNG) is pleased to provide its shareholders with a review of the company's accomplishments in 2010 and a look ahead to its plans for 2011.
"Our company has built up strong momentum as we head down the final stretch of 2010," said Strategic Mining President Todd Sterck. "Based on the many initiatives we have undertaken, we expect to make further exciting announcements about our progress before the year is over."
Corporate Business Model
Strategic Mining Corporation remains fully committed to its strategy of pursuing rapid growth through strategic partnerships and acquisitions of near-term production gold properties. Our approach is to build clusters of mine holdings in close geographic proximity in order to efficiently target known deposits and benefit from economies of scale. Through improvements in mechanization and processing, we seek to quickly increase production levels and generate sustainable corporate value.
Our company is engaged in exploration and development of gold properties in U.S., Africa and Vietnam, with our primary focus being our newly acquired Nat Son gold property in northern Vietnam.
2010 Highlights
-- Acquired a prospective northern Vietnamese gold property called Nat Son
that is located in the center of the gold-rich Kim Boi deposit but has
never been explored through the use of modern equipment and techniques.
-- Made history as the first western company to receive a mining license in
northern Vietnam in more than 50 years.
-- Appointed Todd Sterck, an experienced senior U.S. mining executive who
served previously as a director of a Vietnamese mineral resources
company, as president and director.
-- Strengthened the company management team with appointment of Ian
Lambert, who has 39 years of experience in the public markets, including
19 years in the Canadian mining sector, as a director.
-- Appointed a team of three prominent geologists to the company's
management team.
-- Arranged for the company to utilize, in early 2011, a state-of-the-art
angular drill rig to enhance exploration of its Nat Son gold property.
-- Filed a Form 10 and requested amendments with the Securities Exchange
Commission (SEC) as part of the process of moving to the OTC Bulletin
Board.
-- Launched a new corporate website at www.strategicminingcorp.com to
enable our shareholders to easily access important company information.
-- Added an Investor Alerts page to enable shareholders to receive company
news as soon as it is announced.
Outlook for 2011
Nat Son Gold Property
We look forward to a dynamic and exciting year in 2011. On November 16, 2010, our company completed its acquisition of the Nat Son gold property. Located in Hoa Binh province about 50 kilometers south west of Hanoi, the property and surrounding region were extensively explored by French miners from the 1890s until their expulsion from Vietnam in 1954. From that time, no further exploration was permitted on the site until June 2009, when Strategic Mining's Vietnamese joint-venture partner, Ba Dinh Minerals JSC, of Ho Chi Minh City, secured a mining permit.
Our exploration interest in the property derives from its location in a historic gold-producing region and the presence of, according to consulting geologist Robert D. Marvin's geology and mineralization report, economical gold and silver values in a quartz-arsenopyrite vein system, exposed at surface and within rudimentary underground mine workings. The veins have been examined and studied over a strike length of four kilometres. Additionally, the company has received assay reports from three independent labs and a NI 43-101 report that indicated Nat Son was a "Property of Merit." Based on the available evidence, we believe the company has a unique opportunity to significantly increase gold production at the site through the application of modern equipment and techniques.
Drill Program
To this end, we plan early next year to utilize a state-of-the-art Boart Longyear LF 70 diamond core angular drill rig in our drill program. This will be the first diamond core angular drill rig to operate in Hoa Binh province. The Boart Longyear LF 70 is a modular, lightweight exploration rig designed for drilling in remote locations. Importantly, the rig's angled drilling capacity will enable us to target projected below-surface vein extensions with a high degree of precision. Following the recommendations of the site geology report, our initial drill program will consist of 13 core holes at depths up to 500 meters. This exploration work will represent the first depth testing of the identified ore-bearing veins at Nat Son. Given positive assay results, we plan to initiate mining operations in the second half of 2011.
Strong Vietnamese Government Support
In support of our planned exploration and development efforts at Nat Son, the government of Hoa Binh province has already constructed access roads to the site, installed electrical and water services and built worker accommodations. In further demonstrations of support, the government has granted us special "no tax status" for all imported mining equipment and appointed full-time staff to assist in the importation of our drill rig and other equipment. Advancing into 2011, we anticipate continued strong government backing. Specifically, the People's Committee of Hoa Binh Province has committed to helping us fulfill all other provincial requirements related to the mining property's exploration and development.
Future Acquisitions
Across northern Vietnam, there are numerous prospective gold properties that, like Nat Son, have never been explored or developed using modern technology and processes. In conjunction with our Vietnamese partner, Ba Dinh Minerals, we have benefitted from a privileged, first-mover opportunity to evaluate a number of available properties, and we are currently in various stages of acquisition discussions.
Move to OTC Bulletin Board
On April 30, 2010, Strategic Mining filed a Form 10 with the SEC as part of its planned move from the Pink Sheets to the OTC Bulletin Board. Subsequently, Strategic Mining has responded to the SEC's iterative review process by filing three Form 10 amendments. We initiated the move to the OTC Bulletin Board in order to create increased awareness and confidence in our company, provide improved transparency as a fully reporting company and make it easier for investors to buy and sell the our stock.
You may view all of our Form 10 SEC filings as well as our 10Q and 8K SEC filings on our company website at www.strategicminingcorp.com. We hope to commence trading on the OTC Bulletin Board in the first quarter of 2011.
ON BEHALF OF THE BOARD,
Todd Sterck, President
Safe Harbor
No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financing and other risks in the company's SEC reports and filings.
Strategic Mining Corporation President toddsterck@strategicminingcorp.com www.strategicminingcorp.com
Source: Marketwire Canada (December 8, 2010 - 8:46 AM EST)
News by QuoteMedia
www.quotemedia.com
Extorre Initiates Pre-Feasibility Study at Cerro Moro
Dec. 8, 2010 (Marketwire) --
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/08/10 -- Extorre Gold Mines Limited (TSX: XG) (FRANKFURT: E1R) (OTCQX: EXGMF) ("Extorre" or the "Company") has engaged GR Engineering Services Pty Ltd ("GRES") of Perth, Australia, an internationally recognised engineering firm, to carry out the pre-feasibility study ("PFS") on its Cerro Moro gold-silver project in Santa Cruz Province, Argentina. The PFS is expected to be completed to a standard that will allow the Extorre board to make a development decision.
The study will consider the development of an 8 year, 750 metric tons/day mine producing 133,500 ounces gold equivalent(i) annually for the first 5 years. The delivery date for the study is scheduled for Q2-2011.
GRES has excellent experience in feasibility studies, detailed engineering engagements and EPC / EPCM contracts on both small and medium scale precious and base metals projects. In 2008 GRES designed, constructed and commissioned the Higginsville Gold Mine in Western Australia, a very successful on time/on budget project for Avoca Resources.
Eric Roth, Extorre's CEO said, "GRES is well suited to perform the Cerro Moro PFS, and importantly has undertaken to complete the study within 6 months. The level of engineering requested by Extorre is to a level that will enable the project to proceed directly to a construction decision and detailed engineering. As Extorre has already submitted an Environmental Impact Assessment report to Provincial authorities, the Board is optimistic that a decision to proceed with commercial development could be made by June 30, 2011.
"The commencement of the PFS process is clearly a milestone for Extorre. Importantly however, we will maintain an aggressive discovery drilling program through 2011 and 2012. This four rig program is designed to increase the resource base and to bring such new resources into the current mining plan or such expanded plan as results dictate."
The decision to proceed to the PFS stage follows the October 19, 2010 Preliminary Economic Assessment ("PEA") which indicated potential for a very low cost combined open pit/underground gold-silver mine. This PEA has now been filed on SEDAR and is publicly available for review. The PEA was based on the following main parameters:
----------------------------------------------------------------------------
Summary of PEA Project Parameters
----------------------------------------------------------------------------
Start-up Ore Processing Rate 250,000t ore/year (750 t/day)
Mine Life 8 years
Gold Recoveries 95%
Silver Recoveries 90%
Total Gold Ounces Recovered 436,000 oz
Total Silver Ounces Recovered 21,400,000 oz
Initial Project CAPEX US$ 131M (including 21% VAT)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Base Case: US$ 950 Gold / US$ 16
Financial Model Silver
----------------------------------------------------------------------------
NPV0 pre-tax US$ 290.5 million
NPV0 Free Cash flow (after tax) US$ 186.0 million
NPV5 pre-tax US$ 222.6 million
NPV5 Free cash flow (after tax) US$ 139.2 million
NPV10 pre-tax US$ 171.2 million
NPV10 Free cash flow (after tax) US$ 103.0 million
IRR pre-tax 57.6%
IRR Free cash flow (after tax) 43.4%
Years to payback (0% discount) 1.77
Years to payback (5% discount) 1.91
----------------------------------------------------------------------------
Click here to see full PEA
Qualified Persons Statement
Mr. Eric Roth, President and CEO of Extorre Gold Mines Ltd, is the qualified person as defined in NI 43-101 and is responsible for preparing the information contained in this news release.
About Extorre
Extorre is a Canadian public company listed on the Toronto Stock Exchange (symbol XG) and on the OTCQX (symbol EXGMF). Extorre's assets comprise approximately $47 million in cash, the Cerro Morro and Don Sixto projects, and other mineral exploration properties in Argentina.
On April 19, 2010, Extorre announced an updated National Instrument 43-101 compliant mineral resource estimate for Cerro Moro:
Indicated Category: 357,000 oz. gold + 15.3 million oz. silver (612,000 oz. gold equivalent(i)), plus
Inferred Category: 190,000 oz. gold + 12.0 million oz. silver (390,000 oz. gold equivalent(i))
The 612,000 ounce gold equivalent(i) indicated resource, has an average grade of 32.3 g/t gold equivalent(i), a grade considered exceptional by industry standards. The silver contribution is high, accounting for over 40% of the metal value. Additional inferred resources of 390,000 ounces gold equivalent(i) are also reported from Cerro Moro.
(i) Gold equivalent grade / resource is calculated by dividing the silver assay/ resource result by 60, adding it to the gold value and assuming 100% metallurgical recovery.
You are invited to visit the Extorre web site at www.extorre.com.
EXTORRE GOLD MINES LIMITED
Eric Roth, President and CEO
Safe Harbour Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including our belief as to the extent and timing of its drilling programs, various studies including the PFS and the Environmental Impact Assessment, and exploration results the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates, potential production from and viability of its properties, production costs and permitting submission and timing. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.
Such factors and assumptions include, among others, the effects of general economic conditions, the price of gold and silver, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers, directors or promoters of with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the our common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties, including those relating to the Cerro Moro project and general risks associated with the mineral exploration and development industry described in our interim financial statements and MD&A for the fiscal period ended March 31, 2010 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.
Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In particular, the term "resource" does not equate to the term "reserve". The Securities Exchange Commission's (the "SEC") disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by SEC standards, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or of a jurisdiction in which its securities are traded. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Disclosure of "contained ounces" is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.
NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Contacts:
Extorre Gold Mines Limited
Rob Grey
VP Corporate Communications
604.681.9512 or Toll Free: 1.888.688.9512
604.688.9532 (FAX)
extorre@extorre.com
www.extorre.com
Extorre Gold Mines Limited
Suite 1260, 999 West Hastings St.
Vancouver, BC Canada V6C 2W2
Source: Marketwire (December 8, 2010 - 9:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Trueclaim Exploration Inc. Reports Significant Assay Results From Successful Fall Field Work and Appointment of Investor Relations Consultant
Dec. 8, 2010 (Marketwire) --
ST. THOMAS, ONTARIO -- (Marketwire) -- 12/08/10 -- Trueclaim Exploration Inc. (TSX VENTURE: TRM)(OTCQX: TRMNF) (the "Company" or "Trueclaim") an explorer and developer of precious and base metals, is pleased to announce results from its fall field sampling program on the East Wahnapitei Area including:
Glade Occurrence - 5 metres of continuous channel sampling along strike averaging 10.94 g/t gold, containing a half metre channel sample of 73.91 g/t gold.
Bus Zone - 6 grab samples averaging 7.19 g/t gold, containing one sample of 33.63 g/t gold.
Tecumseh Occurrence - 6 grab samples averaging 3.26 g/t gold, containing one sample of 14.08 g/t gold.
As a result of property examinations and consolidation, while retaining the most prospective areas, Trueclaim holds approximately 17,858 hectares (44,120 acres), either directly or under option, in the East Wahnapitei Area inclusive of the original Scadding mine site and outlying properties. As previously mentioned, the Scadding Township and Davis Township area has more gold occurrences than any other similar sized area in the Sudbury District. Trueclaim holds the largest land position in this area. Work performed this fall on peripheral properties consisted of channel sampling, assaying, linecutting of localized grids, ground magnetic and IP surveys and approximately 1,500 metres of NQ diamond drilling. Several claims of low potential were dropped and several additional claims were staked. Two of the newly staked claims were in the area of the Jerome PGE occurrence and a third was located in Street township having an anomalous gold assay adjacent to an area of Sudbury breccia. Details of the field results are discussed below as per each work area. The numbers shown beside the following work areas are illustrated on the following page. Their general geology and description has been previously described in the press release of September 21, 2010.
Last week, the drill was moved back to the Scadding Mine Area to undertake 500 metres of drilling in areas which had limited previous drilling. Additional data has also been digitized and incorporated into the Scadding 3D model, which could enhance the success of our future drilling.
Note: To view the map associated with this release, please click the following link: http://media3.marketwire.com/docs/trm1208.pdf
EAST WANAPITEI AREA OUTLYING OCCURENCES
6. The Glade Occurrence:
As a result of stripping and sampling, the source of the visible gold mentioned in earlier press releases has been located. The source is a continuous flat lying quartz vein averaging about 4" thick occurring at the contact of a sodium rich granitic intrusion and a Nipissing Diabase intrusion. Ten continuous 1/2 metre channel samples collected along strike gave an average value of 10.94 g/t gold over 5 metres including 14.71 g/t gold (sample E1056016) and 71.91 gold (sample E5106021). Specks of visible gold have been observed in this vein. Highlights of additional individual 1 metre channel samples are shown below.
------------------------------
Sample # Au g/t
------------------------------
E5106026 17.97
------------------------------
E5106027 14.41
------------------------------
12. The Southern Bus Occurrence
Six grab samples were collected from this site. Assay results are shown below.
------------------------------
Sample # Au g/t
------------------------------
E5105900 2.18
------------------------------
E5105901 1.94
------------------------------
E5105902 2.74
------------------------------
E5105903 2.43
------------------------------
E5105904 0.225
------------------------------
E5105905 33.63
------------------------------
9. The Tecumseh Occurrence
A preliminary site visit was made to this location. The occurrence consists of numerous white quartz veins in Nipissing Diabase. The site has at least one old shaft and multiple old trenches and pits. Six grab samples were collected on this site. All samples collected from the site are reported below:
---------------------------------------------
Sample # Au g/t % Cu
---------------------------------------------
E5338850 1.41 0.1840
---------------------------------------------
E5338851 0.221 0.0253
---------------------------------------------
E5338853 0.657 0.0499
---------------------------------------------
E5338854 14.06 0.3500
---------------------------------------------
E5338855 2.79 0.0123
---------------------------------------------
E5338856 0.501 0.0366
---------------------------------------------
2. The East Jerome Showing
Stripping, washing and mapping were undertaken on this site. Ground IP and total magnetometer surveys performed on lines spaced 50 metres apart produced several anomalies. Approximately 500 metres of NQ diamond drilling was focused to evaluate these anomalies. Drill assays are pending. Highlights of individual 1/2 metre channel samples are shown below.
------------------------------------------------------------------------
Sample # Au g/t % Cu % Ni Pd g/t Pt g/t
------------------------------------------------------------------------
E51055881 0.308 0.7720 0.2990 3.66 0.567
------------------------------------------------------------------------
E51055882 0.235 0.6100 0.3400 3.07 0.425
------------------------------------------------------------------------
E51055883 0.22 0.5650 0.3000 2.5 0.347
------------------------------------------------------------------------
E51055884 0.202 0.5750 0.3110 2.32 0.333
------------------------------------------------------------------------
E51055885 0.237 0.6140 0.2950 2.29 0.379
------------------------------------------------------------------------
1. The Alwyn Porcupine Mine Site
Stripping, trenching, washing and mapping were undertaken on this site, followed by individual 1 metre channel samples. Channel sample highlights are shown in the table below. A general correlation of higher gold content with increasing copper content is observed. A later IP survey is proposed on this area once the nearby swamp freezes this winter.
-------------------------------------------------------
Sample # Au g/t % Cu
-------------------------------------------------------
E5105643 2.68 greater than 1.00
-------------------------------------------------------
E5105644 3.28 0.873
-------------------------------------------------------
E5105645 3.38 greater than 1.00
-------------------------------------------------------
E5105646 1.65 greater than 1.00
-------------------------------------------------------
E5105652 2.71 0.476
-------------------------------------------------------
E5105654 3.39 0.363
-------------------------------------------------------
E5105927 2.12 0.662
-------------------------------------------------------
3. The East Red Rock Occurrence:
Trenching, washing, mapping, channel sampling, cutting of a grid with lines 50 metres apart and a ground IP survey were conducted on this site. The main zone of this occurrence and other IP anomalies produced from this survey were drilled. Drill assays are pending. Highlights of individual 1/2 metre channel samples yielded:
-------------------------------------------------------
Sample # Au g/t Cu %
-------------------------------------------------------
E5105913 1.8 0.00278
-------------------------------------------------------
E5105915 2.65 .00035
-------------------------------------------------------
E5105916 0.664 0.419
-------------------------------------------------------
E5105917 0.359 0.940
-------------------------------------------------------
E5105924 3.06 greater than 1.000
-------------------------------------------------------
8. The Inclined Copper Shaft Occurrence:
This site was stripped, mapped, linecut at 50 metre intervals, with IP and total magnetometer surveys being undertaken followed by about 500 metres of NQ diamond drilling on several IP anomalies. Two parallel channels totaling 40 samples across the chalcopyrite bearing quartz vein gave two intersections. The first was an interval of 3 metres at 0.13g/t gold and 2.05% copper including 9.18% copper (sample E5105954). The second interval had 5.5 metres averaging 0.307g/t gold and 1.03% copper including 1.59 g/t gold and 0.66% copper (sample E5105981), 2.42% copper (E5105985) and 2.94% copper (sample E5105982)
7. The Secret Showing: This site contains several localized areas of massive pyrite with chlorite along the Espanola - Serpent Formation contact. An area has been stripped and mapped then followed up with channel sampling. Eight of the 17 samples analyzed gave assays between 0.121 g/t gold and 0.504 g/t gold.
RICHMOND BASIN SILVER PROJECT, ARIZONA
On the Richmond Basin Silver Property in Gila County, Arizona, USA, a budget has been approved along with a contract with our Arizona geologist, Nick Barr, to undertake continued mapping of the Richmond Basin. This work is now ongoing. Recent reports from Mr. Barr have indicated differences from the previous mapping undertaken by others and better delineation of contacts and structures believed to be associated with the emplacement of silver bearing fluids. The focus of Mr. Barr's work will be to define new areas of potential mineralization for further geochemical & geophysical evaluation this spring, with possible later diamond drilling.
Appointment of Investor Relations Consultant
Trueclaim has retained San Diego Torrey Hills Capital, Inc. ("Torrey Hills Capital") to act as investor relations consultants on behalf of Trueclaim. Torrey Hills Capital is a leading investor relations and financial public relations firm headquartered in Del Mar, California and 100% owned by Clifford Mastricola. Torrey Hills Capital plans to increase awareness about Trueclaim through its established relationships with investment professionals, investment advisors, and money managers, which will allow Trueclaim to build and maintain an informed investor audience. Torrey Hills Capital will also develop a profile on Trueclaim for coverage on its website, www.babybulls.com, a website developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors. Torrey Hills Capital has been engaged for a term of six months for a cash fee of US$6,000 per month and the granting of options to purchase 250,000 common shares of Trueclaim at $0.21 per share until November 30, 2013. The agreement is subject to the approval of the TSX Venture Exchange. Torrey Hills Capital can be contacted by phone at 858-456-7300 or by email at jm@sdthc.com. The Consultant, an arm's length party to Trueclaim, has advised Trueclaim that it owns, directly or indirectly, less than 1% of the issued and outstanding shares of Trueclaim.
We seek safe harbour.
John Carter, President
Technical information in this news release has been reviewed by Mr. Bob Komarechka, P. Geo., acting as a consulting Project Geologist for the Company, and prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. Company Management, which takes full responsibility for content, prepared this news release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future exploration and financing plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in these statements. Such risks include expectations that may be raised by discussing potential mine types and by comparing the Company's projects to other projects. Also, in order to proceed with the Company's exploration and acquisition plans, additional funding is necessary and, depending on market conditions, this funding may not be forthcoming on a schedule or on terms that facilitate the Company's plans.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts:
Trueclaim Exploration Inc.
John Carter
905-302-3843
1-888-686-1405 (FAX)
www.trueclaim.ca
Source: Marketwire (December 8, 2010 - 9:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Blue Gold Beverages Is in the Final Stages of Negotiations to Acquire Distribution Rights From Major International Bottled Water Company
HOUSTON, TEXAS, Dec. 8, 2010 (Marketwire) -- Blue Gold Beverages, Inc. (PINK SHEETS:BGBV) is pleased to announce that the company is in the final stages of negotiations to acquire the distribution rights to one of the leading international ultra premium water brands. The company's management believes that with this acquisition Blue Gold Beverages will be able to make an impact in the Multi-Billion Dollar Premium water market. Blue Gold Beverages plans to use its extensive North American distribution network to dramatically increase sales and propel the company's revenue into the $10,000,000, ultimately maximizing shareholder value.
ABOUT THE COMPANY: Blue Gold Beverages, Inc. is a leading high end producer of private label water and specialty beverages in North America. Some of our products include all natural sodas, teas, non-alcoholic wine coolers and energy drinks. Blue Gold Beverages head office situated in Montreal, Quebec, Canada, we use 3rd party bottling plants strategically located across North America depending on the geographical location of our clients. With the recent acquisition of TY Recycling, Blue Gold Beverages has entered into the polymer recycling business, selling PET and Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
Blue Gold Beverages, Inc. 866-575-8121 Daniel.solomita@bluegoldbeverages.com
Source: Marketwire Canada (December 8, 2010 - 9:02 AM EST)
News by QuoteMedia
www.quotemedia.com
Edgewater Exploration Ltd.: Drills Mobilized to the Enchi Gold Project, Ghana
Two Rigs +12,000 metre Drill Program
Dec. 8, 2010 (Marketwire) --
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/08/10 -- Mr. George Salamis, President and CEO of Edgewater Exploration Ltd., ("Edgewater" or the "Company") (TSX VENTURE: EDW)(OTCQX: EDWZF) is pleased to announce that drilling activities have begun on the Company's Enchi Gold Project ("Enchi or the Project") in Ghana.
Two drills have been mobilized for the commencement of a planned program consisting of 12,000 m. The target for this phase of drilling are the three principal zones at Enchi; Boin, Nyamebekyere, and Sewum. Previous drilling has included more than 40,000 metres and was successful in outlining continuous mineralized zones over strike lengths of more than one kilometre with widths averaging 10 to 30 metres.
George Salamis, President and CEO states, "Over the past 4 months Edgewater has methodically reviewed the historical data and been able to get a better understanding of the geology with an experienced in-country team having conducted extensive mapping, soil sampling and trenching. We have now successfully mobilized drills in both Ghana and Spain (Corocesto Gold Project), and are looking forward to a significant amount of news flow in Q1 2011."
Red Back Mining (acquired by Kinross) and previous workers discovered 16 separate gold mineralized zones on the Enchi Gold Project that have the characteristics of epigenetic mesothermal Ashanti-style quartz vein style gold deposits. This style of gold mineralization is the most important type of gold occurrence in West Africa.
Drilling during the current phase will include both in-fill and step-out holes, designed to confirm existing results, close spacing between intercepts and extend the mineralized zones to depth and along strike. It is expected the drilling program will generate sufficient amount of new data, alongside the existing drill information, to support a NI 43-101 compliant resource estimate to be completed for the Project in the first half of 2011.
The previously announced field program (News Release; October 13th 2010) has accomplished a significant amount of work including; establishment of field camp, road and access upgrading, line cutting of more than 275 kilometres and the collection of more than 5,000 soil samples. Analyses for the soil samples continue to be received with results to date outlining a series of additional gold anomalous zones along more than 20 kilometres of strike length for a series of sub-parallel structures including extensions to the main Nyamebekyere Shear Structure and several related off-shoots. Mapping completed in conjunction with the geochemical work has outlined numerous areas with significant quartz veining including previously un-documented old underground workings. Additional work completed over the last three months includes a series of trenches on the Boin Zone further defining targets to be drilled in this phase. Additional trenching will also be completed on other targets including Sewum and Eradi.
The 568 km2 Enchi Gold Project located in southwest Ghana, West Africa covers a 40 kilometre strike length of the Bibiani Shear Zone ("BMZ") that hosts a number of major gold mines and deposits including Kinross Gold Corporation's (TSX: K, NYSE: KGC, "Kinross") Chirano Gold Mine located 70 km northeast of the Project and the Bibiani Gold Deposit located 90 km north-east of the Project.
Summaries of previous work and existing exploration data are presented on the Company's website. Details of the Enchi Project are available in the technical report entitled "Technical Report on the Enchi Gold Project, Ghana" dated June 15, 2010 authored by Todd McCracken, P.Geo. of Wardrop Engineering Inc. (the "Technical Report") filed on SEDAR at www.sedar.com under Edgewater's profile.
Mr. Gregory Smith, P.Geo, the Vice-President of Exploration of the Company, is the Qualified Person as defined by NI 43-101, and is responsible for the accuracy of the technical data and information contained in this news release.
About Edgewater Exploration Ltd.
Edgewater is a mineral exploration company focused principally on acquisitions, advancement and development of precious metal properties. Edgewater is currently developing the Enchi Gold Project in Ghana, West Africa and the Corcoesto Gold Project in northwest Spain.
On behalf of the board of EDGEWATER EXPLORATION LTD.
George Salamis, President and CEO
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Contacts:
Edgewater Exploration Ltd.
Ryan King
Vice President
(604) 628-1012
rking@edge-water.com
www.edge-water.com
Source: Marketwire (December 8, 2010 - 9:30 AM EST)
News by QuoteMedia
www.quotemedia.com
Consolidated Goldfields Reports Drill Results at the Cahuilla Project
RENO, NEVADA, Dec. 8, 2010 (Marketwire) -- Consolidated Goldfields Corporation (PINK SHEETS:CDGF) is pleased with the final results from the first diamond drill hole completed at the Cahuilla gold-silver project in Imperial County, California. The Cahuilla Project is a large epithermal, paleo-hot springs system hosting multiple bonanza-grade veins that occur within an extensive body of disseminated gold-silver mineralization.
The Company has completed three diamond drill core holes totaling 1,356 feet (413.3m). The holes were drilled within one of the main historical resource areas and spaced approximately 300 feet (91.4m) apart to evaluate and substantiate existing gold and silver mineralization. The major purpose of obtaining this new drill data is to calculate a NI 43-101 compliant resource.
The first core hole, CAH-111, was drilled to a depth of 587 feet and anomalous gold plus silver mineralization was encountered from 34 feet to the bottom of the hole. Significant intercepts include:
Thickness
From To (ft/meters) Gold (oz/ton) Gold (g/ton)
----------------------------------------------------------------------------
153.0 206.0 53.0 / 16.2 0.024 0.82
223.0 235.0 12.0 / 3.7 0.033 1.13
247.0 275.8 28.8 / 8.8 0.026 0.89
4.35 (Silver
296.0 305.9 9.9 / 3.0 0.127 (Silver 0.80) 27.4)
(Including 2.6 / 0.8 0.255 8.73)
310.5 329.1 18.6 / 5.7 0.024 0.82
350.8 368.0 16.2 / 4.9 0.020 0.68
393.0 414.0 21.0 / 6.4 0.027 0.92
0.79 (Silver
509.0 538.0 29.0 / 8.8 0.023 (Silver 1.28) 43.84)
(Including 6.0 / 1.8 3.54 Silver 121.3 Silver)
Evaluation of assay results for the first hole shows that there are significant amounts of silver in many of the mineralized zones. The historical resources were estimated for gold only and did not include silver, which will represent a favorable addition to the mineral model when included in the new NI 43-101 compliant resources. The associated down-hole geochemistry is also positive and indicates that the epithermal system is very clean as demonstrated by the anonymously low mercury, arsenic and antimony values.
The purpose of the first core hole was to drill an angle within the resource area that passed through older vertical reverse circulation holes to better evaluate the continuity of precious metal mineralization as well as the down-hole geochemistry. The second and third diamond drill holes were vertical and twinned TM - 41 and TM - 59 which were drilled by the Torres Martinez Tribe in the early 1990's. The company will use this data to compare with historical drill results and confirm assay information that was utilized in the 1996 Mine Development Associates resource estimate.
The historical resource was estimated when gold prices were between $350 and $400 per ounce and did not include silver and the high grade veins. The company anticipates that updating the historical resource using NI 43-101 guidelines along with the addition of silver and high grade veins will significantly improve the mineral model and provide a more accurate estimate of the precious metal resources at Cahuilla.
Samples from the second and third holes are currently being prepared for assay and will be delivered to Inspectorate Laboratories in Reno, Nevada in December. The Company is planning to resume Phase 1 drilling in the first quarter of 2011. The primary objective of the Consolidated and Teras continues to focus on expanding the current mineral model to substantially increase underground resources and evaluate the development of both a high grade underground and large open pit mining operation.
Thomas E. Callicrate B.Sc., Professional Geologist is the company's nominated qualified person responsible for monitoring the supervision and quality control of the programs completed on the company's properties. Mr. Callicrate has reviewed and verified the technical information contained in this news release.
Certain information contained in this news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections. However, such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from such forward-looking statements. The Company disclaims any intent or obligation to update publicly any forward-looking statements set forth herein, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Consolidated Goldfields Corporation Vice President Corporate Development (403) 852-0644 Consolidated Goldfields Corporation Investor Relations (503) 313-2586
Source: Marketwire Canada (December 8, 2010 - 9:32 AM EST)
News by QuoteMedia
www.quotemedia.com
Luke Entertainment, Inc. /Greene Concepts Inaugurates Manufacturing Facility in Fresno
Dec. 8, 2010 (GlobeNewswire) --
NEW YORK, Dec. 8, 2010 (GLOBE NEWSWIRE) -- Luke Entertainment, Inc. (Pink Sheets:LKEN) aka Greene Concepts, is pleased to announce that the companyhas opened its operations and Ink Laboratory facility to expedite its nationwide distribution strategy for new and existing products.
The facility is located at 2595 E. Perrin Avenue; Suite 105; Fresno, California 93720-5202. It will serve as the company's Ink laboratory, with state of the art equipment for testing and implementation.
LKEN CEO, Lenny Greene, comments, "The facility also serves as headquarters for research, operations, manufacturing and sales divisions. Our engineers and packaging team will work here to test new inkjet and toner cartridges, create new filling stations and furnish copy for our inkjet and toner refill instruction manuals. This will be the company's epicenter for call center operations, where customer service reps will be taking phone orders and making industry introductions for our over 750 inkjet and toner-related products. We're thrilled to be on the cusp of something very big in an industry that is veering toward savvy consumers seeking savings through refills rather than repurchase. Now imagine if you never had to leave your home or office for that refill."
Lyra Research recently posted its industry findings on the topic: With the worldwide sale of printers increasing by almost 15% each year, the ink and toner cartridge refilling industry now represents a $30 billion market. Printer cartridge recycle products can potentially capture as much as 70% of the printer cartridge aftermarket. According to research by IPSOS Worldwide of Chicago, three times as many consumers would rather refill their empty cartridge than buy a new one.
According to the same research, 54% of consumers have indicated their preference for saving money by having their empty inkjet cartridges refilled. This is not surprising when you consider America's insatiable appetite for computers and digital cameras. Digital photography also has a significant impact on the industry. Another report from Lyra Research finds that worldwide revenue from at-home printing of photos captured by digital camera has a projected growth from $7.1 billion in 2003 to $9.9 billion in 2009, a compound annual growth rate of 9 percent.
Go Green-Refill-Reuse-Recycle your inkjet and toner cartridges! Save the planet!
Luke Entertainment has officially changed its name to Greene Concepts, Inc. to better reflect its brand toward long-term growth. The name change effected with the New York Secretary of State on November 4th, 2010 and is under process for FINRA acknowledgment. Greene Concepts Inc is an ink technology manufacturing and distribution company headquartered in Fresno CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies and to bring the world the best inks at the lowest prices so consumers and business can save time, save money, print more and print better.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
CONTACT: Luke Entertainment, Inc.
investors@greeneconcepts.com
Source: Globe Newswire (December 8, 2010 - 9:45 AM EST)
News by QuoteMedia
www.quotemedia.com
(NUBL) NuMobile Releases Webcast on Mobile Banking Strategy With Recent Acquisition in Africa and (NWMT) NewMarket Greenfield Project With (CCTR) China Crescent
Dec. 8, 2010 (U.S. Equity News) --
NuMobile, Inc. (OTCBB: NUBL) has released an on-demand Webcast hosted by incoming CEO David Lee that provides a review of the Company's recent acquisition of Kruze Technologies, LTD in Nairobi, Kenya. The Kruze acquisition is the first of two that have been planned to establish a foothold for NuMobile in the rapidly growing mobile banking market in Africa. The Webcast also includes a review of a project opportunities NuMobile has gained through participation in the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program, including a $1.6 million, 100-unit Wi-Fi device pilot project with China Crescent Enterprises, Inc.(OTCBB: CCTR). Based on a formal letter of intent, the customer has committed to purchase 10,000 of the custom Wi-Fi devices for a total of $160 million over the next three years, subject to the performance of the first 100 units.
The Webcast is available for on-demand viewing through the Company's corporate website www.numobileinc.com or directly at http://tinyurl.com/NUBLMOBILEBANKING.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NuMobile's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact: NuMobile, Inc. 817-410-5735
Contact: U.S. Equity News Tel: (949) 390-0111 Email: info@usequitynews.com
Newstex ID: USE-1074-51485857
Source: U.S. Equity News (December 8, 2010 - 9:45 AM EST)
News by QuoteMedia
www.quotemedia.com
Everybody's Phone Company Predicts Projected Revenue Increases to $750,000 for Year 2011
Dec. 8, 2010 (GlobeNewswire) --
HOUSTON, Dec. 8, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid home telephone services, announced today that based on its recent developments and future plans for growth, the Company is reiterating its revenue guidance previously announced in August 2010. Management expects to report annual revenues to be an estimated $ 750,000 for the fiscal year ending December 31, 2011.
Steven H. Bethke, President of Everybody's Phone Company, states, "With an economic recovery underway and sales growth increasing within the consumer prepaid services market, we are confident we can meet our projected revenues of $750,000 by year-end 2011. We are also confident that double-digit top-growth growth in 2012 can lead to profitability thereafter."
About Prepaid Services
The projected home telephone prepaid growth plan is a plan that closely mirrors the pre-paid wireless phone industry. The top wireless telephone industry leaders have seen a huge decline in new multi year contracts in the last three years and growth in prepaid service offerings. According to the Dallas Business Journal, "post-paid" programs aren't attractive to today's typical consumers teenagers, the elderly and business owners are more often relying on a contract-free lifestyle with a penalty-free cancellation policy, pre-paid providers saw over 15% increases in revenues since 2007; many analysts attribute this growth to the billing structure (or lack thereof) and consumer's newfound freedoms to cancel service at any time.
About Everybody's Phone Company
Everybody's Phone Company (EVPH) acquires heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and resells the service at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Everybody's Phone Company has obtained regulatory approval to sell and provide local telephone service in the State of Texas [Service Provider Certificate of Operating Authority (SPCOA) No. 60785]. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Everybody's Phone Company
Steven H. Bethke, President & CEO
(713) 268-1610
www.everybodysphonecompany.com
Source: Globe Newswire (December 8, 2010 - 9:48 AM EST)
News by QuoteMedia
www.quotemedia.com