RSDS-NEWS ARCHIVE-RUNS APRIL 2006-AUGUST, 01, 2007
Russell Industries, Inc (RSLI) Announces the Company's Strategic Plan
HOUSTON, TX -- (MARKET WIRE) -- 04/12/06 --
Russell Industries, Inc. (RSLI - news) is ready for Pink Sheet Quotation as of April 6, 2006. The company's symbol is RSLI. The company is headquartered in The Woodlands, Texas and has a wholly owned subsidiary that will serve as the operating company located in Sheridan, Wyoming. The President and CEO of the company is Rick Berman.
The company is in the oil and gas exploration services industry. RSLI is continuing development of a patented water treatment process that has been discharged in oil and gas exploration. The process makes the water safe for disposal back into the environment. The company has focused on testing in the Powder River Basin of Wyoming and Montana where Coal Bed Methane (CBM) exploration is prominent. The company has leased additional technology from Lawrence Livermore Laboratories, the leading U.S. Department of Energy research laboratory. By combining technologies, RSLI's prototype is able to remove sodium, barium arsenic and any other contaminant containing a positive or negative ionic charge. The end user of this technology is any oil gas exploration entity that has to apply for permit to drill and subsequently has to present a plan to any Department of Environmental Quality or regulatory agency to show how discharged water will be treated.
RSLI President commented, "After evaluating the results of further testing during 2006 and the first quarter of 2007 the company will make a decision as to whether to commercialize, lease or sell its technology to the market." Also the President expressed that, "Russell Industries plans to grow aggressively by making strategic acquisitions of companies with present cash flows that will be immediately accretive to the company's bottom line. The shareholders are and will remain the company's number one focus."
About Russell Industries, Inc.:
Russell Industries, a Nevada Corporation, was incorporated in 1997. From its inception until 2005 the Company engaged in locating and developing base and precious metals and waste stream reclamation. In May 2005 the Company's founders elected new management with a strong background in the securities, financial, energy and healthcare industries. New management quickly restructured the organization and guided Russell Industries through a successful 15(c)2-11 registration for Pink Sheet quotation. The new Russell Industries is a holding company for assets in the energy industry. Market and economic conditions being what they are, we feel energy is a great marketplace to focus our efforts for the immediate future.
Safe Harbor
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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Contact: Rick Berman Russell Industries 66 Mill Point Place The Woodlands, TX 77380 Tel (713) 446-7231 Fax (281) 298-9055 --------------------------------------------------------------------- Russell Industries Signs Technology Agreement With a Highly Acclaimed Laboratory
HOUSTON, TX -- (MARKET WIRE) -- 05/23/06 --
Russell Industries, Inc. (RSLI - news) announced today that its subsidiary, WB Solutions, Inc. has made its final payment and acquired an executed license from Lawrence Livermore National Laboratories to use Lawrence Livermore's Capacitive Deionization Technology (CDT) for treatment of water produced by coal bed methane wells and traditional oil and gas wells. Rick Berman, CEO of Russell Industries, said, "We are excited to continue the development of WB Solutions business plans for treatment of coal bed methane water. Making the final payment and securing the agreement allows us to begin the process of developing the prototype for commercialization of the technology." Tom Throne, president of WB Solutions and Board Member of Russell Industries, said, "We are now in a position to develop the technology for commercial use in the coal bed methane industry. The partnership with Russell Industries permits the development to go forward."
WB Solutions has a patented water filtration system that reduces some of the elements in produced coal bed methane water. WB Solutions hopes to use the Lawrence Livermore CDT Technology to remove the balance of the contaminants for treatment of coal bed methane water. CDT involves flowing water through charged carbon Aerogel plates, removing the balance of the constituents from the produced water. Russell Industries and WB Solutions intend to pursue the technology for large scale use.
Lawrence Livermore National Laboratory (LLNL) is a premier applied science laboratory that is part of the National Nuclear Security Administration (NNSA) within the Department of Energy (DOE). LLNL has been managed since its inception in 1952 by the University of California for the U.S. government.
As a national security laboratory, LLNL is responsible for ensuring that the nation's nuclear weapons remain safe, secure, and reliable through application of advances in science and technology. The Laboratory's special capabilities have led to expanding responsibilities to meet other pressing national security needs, which include countering the proliferation of weapons of mass destruction and strengthening homeland security against the terrorist use of such weapons. LLNL applies its special capabilities in major research programs in energy and environment, bioscience and biotechnology, and basic science and applied technology.
Safe Harbor
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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Contact: Rick Berman Russell Industries 66 Mill Point Place The Woodlands, TX 77380 Tel (713) 446-7231 Fax (281) 298-9055 -------------------------------------------------------------------
Russell Industries to Become Fully Reporting OTCBB Company
HOUSTON, TX -- (MARKET WIRE) -- 07/06/06 --
Russell Industries, Inc. (RSLI - news) announced today that it has begun the process of becoming fully reporting and upgrading its classification to Bulletin Board. "Russell Industries can reach a greater investor audience, further its strategic goals and enhance shareholder value by having the opportunity to have its stock quoted as a fully reporting OTC:BB," said Rick Berman, CEO of Russell Industries. "We have the infrastructure in place to make this move and I believe it is an important step for us to take as we begin to execute the early phase of our strategic business plan."
Russell Industries was cleared for PK quotation on April 6, 2006. The company's symbol is RSLI. The company is headquartered in The Woodlands, Texas and has a wholly owned subsidiary that will serve as the operating company located in Sheridan, Wyoming. The President and CEO of the company is Rick Berman.
The company is in the oil and gas exploration services industry. RSLI is continuing development of a patented water treatment process that has been discharged in oil and gas exploration. The process makes the water safe for disposal back into the environment. The company has focused on testing in the Powder River Basin of Wyoming and Montana where Coal Bed Methane (CBM) exploration is prominent. The company has leased additional technology from Lawrence Livermore Laboratories, the leading U.S. Department of Energy research laboratory. By combining technologies, RSLI's prototype is able to remove sodium, barium arsenic and any other contaminant containing a positive or negative ionic charge. The end user of this technology is any oil gas exploration entity that has to apply for permit to drill and subsequently has to present a plan to any Department of Environmental Quality or regulatory agency to show how discharged water will be treated. RSLI CEO commented, "After evaluating the results of further testing during 2006 and the first quarter of 2007 the company will make a decision as to whether to commercialize, lease or sell its technology to the market." Also the CEO expressed that, "Russell Industries plans to grow aggressively by making strategic acquisitions of companies with present cash flows that will be immediately accretive to the company's bottom line. The shareholders are and will remain the company's number one focus."
About Russell Industries, Inc.: Russell Industries, a Nevada Corporation, was incorporated in 1997. From its inception until 2005 the Company engaged in locating and developing base and precious metals and waste stream reclamation. In May 2005 the Company's founders elected new management with a strong background in the securities, financial, energy and healthcare industries. New management quickly restructured the organization and guided Russell Industries through a successful 15(c)2-11 registration for Pink Sheet quotation. The new Russell Industries is a holding company for assets in the energy industry. Market and economic conditions being what they are, we feel energy is a great marketplace to focus our efforts for the immediate future.
Safe Harbor
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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Contact: Rick Berman Russell Industries 66 Mill Point Place The Woodlands, TX 77380 Tel (713) 446-7231 Fax (281) 298-9055 ---------------------------------------------------------------------
Register for the SCIA - Southern California Investment Association's National Investment Conference in Irvine, CA, Saturday, August 5th MONARCH BEACH, CA -- (MARKET WIRE) -- 07/24/06 – Register now to attend Saturday, August 5th's investment conference for growth opportunities from 7:15 a.m. to 1 p.m. at the Hilton across from the Orange County John Wayne Airport (code: SNA), 18800 MacArthur Boulevard, Irvine, CA 92612. Seating is limited to the buy/sell side and accredited investors. For discount, register in advance at: www.sciaonline.org.
Meet the principals of these exciting companies early Saturday Morning at the breakfast reception: Aethlon Medical, Inc. (AEMD - news) Developer of the 1st Medical Device to Treat Infectious Disease; Amerex Resources Corporation (Pre-IPO /Energy) www.arcousa.com; DDR Holdings (Pre-IPO /Natural Resources) A Montana Corporation with Copper Mines in Idaho; Empire Financial Holding Company, Inc. (EFH - news) Retail Direct Securities Brokerage, Asset Management & Market Making; Galaxy Gaming www.galaxygaming.com; Inovio Biomedical Corp. (INO - news) Selective Electrochemical Tumor Ablation Therapy; Itronics, Inc. (ITRO - news) Photochemical Recycling, Silver Recovery & Liquid Fertilizer Manufacturer; North American Royality Corp. (Pre-IPO /Energy) Oil & Gas Drilling and Production; Russell Industries, Inc. (RSLI - news) Oil & Gas Exploration Services; Smart Energy Solutions, Inc. (SMGY - news) Markets & Sells The Battery Brain(TM) Electronic Protection; Smoky Market Foods, Inc. www.smokymarket.com Smoke-Bake(TM) meat, poultry and fish; Vertical Alliance www.verticalag.com Customizable Internet Lead Generation Programs; and more companies to be released.
About Southern California Investment Association:
SCIA National Small Cap Syndicate is a comprehensive national organization developed to facilitate stock support and capital formation for small and emerging-growth companies. The alliance consists of almost 200 influential member firms plus associates including NASD broker/ dealers, bankers, investment advisors, analysts, market makers, venture capitalists, fund managers, media and accredited investors.
This team provides a wide range of services including, but not limited to equity and debt financing, institutional and retail stock support, market making, and mergers and acquisitions. The association provides current information on market climate, SEC regulation and is a valuable forum for investment opportunities. Companies desiring support or funding are encouraged to apply one month in advance.
Conference Schedule: Saturdays, October 7 and December 2 at the Orange County Hilton, Irvine.
SCIA Gold Conference Sponsors: Paulson Investment Company, Inc., The Largest Independent Brokerage Firm in the Pacific N.W., www.paulsoninvestment.com; Mark Stewart Securities, Inc., Market-Making, www.stewartsecurities.com; Continental Stock Transfer & Trust Co., Great Value with Flawless Executions, www.continentalstock.com; J. M. Dutton & Associates, LLC, One of The U.S.'s Largest Issuers-Paid Equity Research Firm, www.jmdutton.com; Trilogy Capital Partners, Inc., Effective Financial & Communications Partner with Companies to Reach Full Market Value, www.trilogy-capital.com, Weinberg & Company, P.A., CPA Firm Servicing Small-Middle Market Public Companies, www.cpaweinberg.com; Securities Compliance Control, LLC, Corporate SEC Compliance Consultants; and Associate Sponsor: Corporate PR & Media Value Leader, Market Wire, www.marketwire.com.
Expect the Best Cherry Lassen Kau President 949-922-3003 ------------------------------------------------------------------------------- Investment Conference This Saturday - Presented by SCIA - Southern California Investment Association in Irvine, CA MONARCH BEACH, CA -- (MARKET WIRE) -- 08/01/06 – Register now to attend this Saturday, August 5th's investment conference for growth opportunities from 7:15 a.m. to 1;30 p.m. at the Hilton across from the Orange County John Wayne Airport (code: SNA), 18800 MacArthur Boulevard, Irvine, CA 92612. Seating is limited to the buy/sell side and accredited investors. For discount, register in advance at: www.sciaonline.org.
Closed panel discussions for current members held after luncheon. Videos on demand will be posted by Tuesday, August 8th.
Meet the principals of more exciting companies early Saturday Morning at the breakfast reception: Aethlon Medical, Inc. (AEMD - news) Developer of the 1st Medical Device to Treat Infectious Disease; BlueFire Ethanol, Inc. (BFRE - news) Only Cellulose-to Ethanol Company Worldwide; BrandAmerica, Inc. www.brandamericainc.com Expanding American Chains Into New Global Markets; DDR Holdings , A Montana Corporation with Copper Mines in Idaho; Empire Financial Holding Company, Inc. (EFH - news) Retail Direct Securities Brokerage, Asset Management & Market Making; Galaxy Gaming www.galaxygaming.com Casino Table Gaming, Machine & Internet Designer; Inovio Biomedical Corp. (INO - news) Selective Electrochemical Tumor Ablation Therapy; Itronics, Inc. (ITRO - news) Photochemical Recycling, Silver Recovery & Liquid Fertilizer Manufacturer; North American Royality Corp. from Texas, Oil & Gas Royality Master Limited Partnership; Russell Industries, Inc. (RSLI - news) Oil & Gas Exploration Services; Smart Energy Solutions, Inc. (SMGY - news) Markets & Sells The Battery Brain(TM) Electronic Protection; Smoky Market Foods, Inc. www.smokymarket.com Smoke-Bake(TM) Meat, Poultry and Fish Branded Retail & Foodservice Distribution; SpenDex Energy, Inc. from Nevada, Oil & Gas Exploration & Mining in East Kansas & West Missouri, Vertical Alliance www.verticalag.com Customizable Internet Lead Generation Programs.
About Southern California Investment Association:
SCIA National Small Cap Syndicate is a comprehensive national organization developed to facilitate stock support and capital formation for small and emerging-growth companies. The alliance consists of almost 200 influential member firms plus associates including NASD broker/dealers, bankers, investment advisors, analysts, market makers, venture capitalists, fund managers, media and accredited investors.
This team provides a wide range of services including, but not limited to equity and debt financing, institutional and retail stock support, market making, and mergers and acquisitions. The association provides current information on market climate, SEC regulation and is a valuable forum for investment opportunities. Companies desiring support or funding are encouraged to apply one month in advance.
Conference Schedule: Saturdays, October 7 and December 2 at the Orange County Hilton, Irvine.
SCIA Gold Conference Sponsors: Paulson Investment Company, Inc., The Largest Independent Brokerage Firm in the Pacific N.W., www.paulsoninvestment.com; Mark Stewart Securities, Inc., Market-Making, www.stewartsecurities.com; Continental Stock Transfer & Trust Co., Great Value with Flawless Executions, www.continentalstock.com; J. M. Dutton & Associates, LLC, One of The U.S.'s Largest Issuers-Paid Equity Research Firm, www.jmdutton.com; Trilogy Capital Partners, Inc., Effective Financial & Communications Partner with Companies to Reach Full Market Value, www.trilogy-capital.com, Weinberg & Company, P.A., CPA Firm Servicing Small-Middle Market Public Companies, www.cpaweinberg.com; Securities Compliance Control, LLC, Corporate SEC Compliance Consultants; and Associate Sponsor: Corporate PR & Media Value Leader, Market Wire, www.marketwire.com. Expect the Best Cherry Lassen Kau President 949-922-3003 ---------------------------------------------------------------------
---------------------------------------------------------------------------------- Russell Industries Announces 5 for 1 Stock Split
Thursday August 31, 2006 2:00 pm ET HOUSTON, TX--(MARKET WIRE)--Aug 31, 2006 -- Russell Industries, Inc. (Other OTC:RSLI.PK - News) announces that that its Board of Directors has approved a 5 for 1 forward stock split of the Company's common shares. Each shareholder at the close of business on September 15, 2006 will receive four (4) additional shares for every outstanding share thereof. The effective date will be on or about September 19, 2006. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. From its inception until 2005 the Company engaged in locating and developing base and precious metals and waste stream reclamation. In May 2005 the Company's founders elected new management with a strong background in the securities, financial, energy and healthcare industries. New management quickly restructured the organization and guided Russell Industries through a successful 15(c)2-11 registration for Pink Sheets quotation. The new Russell Industries is a holding company for assets in the energy, mining, healthcare and financial industries. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
CONTACT: Rick Berman President & CEO Russell Industries Tel: +1 713 446 7231 Fax: +1 281 298 9055 e-mail: Email Contact ---------------------------------------------------------------------
Russell Industries to Acquire 63 Uranium Mining Claims Monday September 11, 2006 10:00 am ET HOUSTON, TX--(MARKET WIRE)--Sep 11, 2006 -- Russell Industries, Inc. (Other OTC:RSLI.PK - News) announces that on September 15, 2006 it will acquire 63 mine claims located in San Juan County, Monticello, Utah from East Canyon, LLC. The payday Mine Claims are located northeast of Monticello, Utah. Rick Berman, President and CEO, "The claim group consists of 63 claims, located in Township 32 South, Range 24 East, Sections 25, 26, 35. Area elevation is approximately 5500 to 6000 feet. The main drainage area is the East Canyon Wash. Excellent access to the claims is provided by a two lane county maintained road from Highway 191 north to Road 105 south for approximately 10 miles to the property." The claims are part of the Morrison formation known for the many valuable deposits of Uranium. The sandstone formation along the East Canyon Wash contains a good grade of Uranium and is easily mine able. Adjacent to the claims, a drift runs 800 feet. A full face of ore ranging from 8-12 feet in thickness is average. The sides and back of the drift indicate ore values ranging from .35 to .80 Uranium, and up to 2 to 3% Vanadium. The dump from the drift shows values from .15 to .20 Uranium. The ridge to the north of East Canyon Wash has many notable addits, including Dermo Shaft Mine, Locust Mine, Rim Shaft Mine and the Vanadium Queen. Several thousand pounds were removed from the 1950s thru 1970s. The south ridge of the East Canyon Wash, where the Payday is located, is scattered with addits as well. The owner has followed the ridge for 20 plus miles to the west, locating well over 10 addits that range from 400 to 800 feet in depth, all showing ore consistent with the addit adjacent to the block of Payday Claims. A prominent geologist who visited the property feels that these addits are merely the tip of the iceberg and many million pounds of ore are located behind these outcroppings. A drilling program would bear out this theory with minimal costs as the ore is close to the surface. The area lends itself to open pit mining as overburden is 30-80 feet thick. An aerial photo of the property shows many roads pushed in a grid formation consistent to those used for drilling. Physical inspection of the property bears out that indeed the property was drilled extensively at one time, however, any records of past studies are not available. Section 36, a State School section adjacent to the Payday Claims, has been drilled and surveyed with many holes drilled on 20-foot centers. Russell Industries believes that surely a prudent company would not have conducted and continued such an extensive drilling program without having ample success as the project progressed. East Canyon is included within the Lisbon Valley district. Since 1952 until the early 1990s, it has produced over 85 million pounds of Uranium along the flanks of the Lisbon Valley anticline. All of the major ore bodies did not outcrop and were discovered by exploration drilling. The White Mesa Mill is a fully permitted uranium mill with a vanadium co-product recovery circuit. It is located in rural southeastern Utah, near the town of Blanding in San Juan County. Access is by state highway. The Mill has been in operation for over 25 years since its startup in 1980. The climate and geology in the area are ideal for receiving, processing and permanently disposing of radioactive materials. The tailings system is below surface grade, and is separated from the nearest aquifer by nearly 1,200 feet of low-permeability rock. Twenty-five years of monitoring have demonstrated no release from the tailings impoundments. Construction of the White Mesa Mill started in 1979, and conventionally mined uranium-mineralized material was first processed in May 1980. The Mill cost $40 million to construct. With inflation, more stringent permitting requirements, and the lack of suitable sites, the cost of constructing a facility such as the White Mesa Mill, if possible, would be considerably more than that amount today. During mining, uranium-mineralized material is received at the Mill and stockpiled. The material is initially fed to an 18-foot diameter SAG Mill, then stored in slurry form in one of the two pulp storage tanks. The Mill utilizes a two-stage leach process where overflow solution from the No. 1 CCD Thickener is combined, in an "acid kill" step, with feed from the pulp storage tanks. The slurry from this first stage leach is then separated in the pre-leach thickener, with the solids going to the second stage leach and the clarified solution going to the solvent extraction circuits. Concentrated sulfuric acid, steam, and an oxidizer are added in the second stage leach. This slurry is subsequently fed to the 8-stage CCD Circuit where the underflow is discharged to tailings. In full operation, the Mill employs approximately 100 people. While on standby, the Mill is maintained in good operating condition and is capable of commencing a Mill run at any time without the need for regulatory approvals or any significant capital expenditures. White Mesa will begin to purchase ore in early 2007. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Contact: Rick Berman Russell Industries 66 Mill Point Place The Woodlands, TX 77380 Tel (713) 446-7231 Fax (281) 298-9055
Russell Industries Finalizes Mining Acquisition. From: Business Wire | Date: 10/9/2006 HOUSTON -- Russell Industries, Inc. (PINK SHEETS:RSDI) announces that it has finalized its acquisition of 54 mine claims located in San Juan County, Monticello, Utah from U.S. Minerals, LLC, (Mesa, AZ). The claims are part of the Morrison formation known for the many valuable deposits of Uranium and Vanadium. Several areas are shallow enough, less than 100 feet, to easily mine. The current market price for Uranium is $280.80 per ore ton and $800.00 per ore ton for Vanadium. Vanadium is used to strengthen steel and is in big demand in Asia. The company estimates that its ore reserves could be as high as 4.5 million tons. Russell Industries plans to mine and lease the claims in 2007. The Company is looking forward to a significant revenue stream from this acquisition. About Russell Industries, Inc. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. ---------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------- Russell Industries Finalizes Divestiture. Publication: Business Wire Date: Oct 25 2006 Subject: Gas industry (Mergers, acquisitions and divestments) Product: Oil & Gas Extraction, Crude Petroleum & Natural Gas HOUSTON -- Russell Industries, Inc. (PINK SHEETS:RSDI) announces that it has finalized its divestiture of WB Solutions, an oil and gas services provider. Rick Berman, Russell Industries President and CEO stated that "We acquired WB in 2005 with the idea of assisting the Company in continuing its development of their proprietary water reclamation technology in the Coal Bed Methane market. Looking forward Russell Industries will focus on revenue based acquisitions instead of trying to develop technology. We sold the technology for 28,500,000 shares of Russell Industries stock, which we will use to further acquire potentially profitable mining claims." Earlier this month Russell Industries acquired 54 Uranium and Vanadium mining claims in Utah and is active looking at seven other sites in Nevada, Arizona and Utah. The company's President went on to say, "With the recent acquisitions we have today, we are very excited about the near future, an the partnerships we are developing." About Russell Industries, Inc. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations ---------------------------------------------------------------------
Monday January 29, 9:30 am ET HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10%. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%. The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
_______________--------------------------------------------------------------------- _________________________________________________ Russell Industries: Russell Industies 504 Update
HOUSTON, TX, Mar 05, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) would like to update its shareholders regarding its capital raising. The Company has been raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D since August 2006. The Company plans to raise up to $1,000,000 and has raised $367,000 to date. The equity capital is being raised for expenses, working capital and potential acquisitions. The Company has chosen to sell its shares to only accredited investors to raise equity capital, rather than borrowing to raise equity capital. Therefore, to date, the Company has no debt from loans to raise equity capital. The Company, its Investor Relations Department and Transfer Agent have recently been barraged by what appears to be day traders and chat room "conspirators", in a non stop effort to encourage the release of premature press and ex-parte company information their short term gain. Russell Industries plans to continue to raise equity capital and will not release gratuitous press and will make information available to the public only on the company's website, www.russind.com, www.pinksheets.com, and through press releases when Company news warrants it. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Russell Industries owns 54 uranium and vanadium mining claims located in East Canyon, Monticello, Utah Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries ---------------------------------------------------------------------
Russell Industries: Russell Industries to acquire 8 mine claims
Russell Industries: Russell Industries to acquire 8 mine claims
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah from BRW Mines (Monticello, Utah). The Company plans to engage BRW to mine part of the claims in coordination with buy orders from interested mills. "The opportunity to acquire these claims is consistent with Russell Industries strategic plan for 2007", Rick Berman, President. The transaction should close in April. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.russind@aol.com ---------------------------------------------------------------------
Russell Industries: RUSSELL INDUSTRIES ANNOUNCES STRATEGIC PLAN
HOUSTON, TX, Mar 27, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) plans on acquiring 200 Uranium Mine Claims as part of its strategic plan for 2007. " Upon evaluating present market trends, The Company believes very strongly that the value of Uranium will continue to increase and will aggressively pursue acquiring claims as opportunities present themselves," Rick Berman, President. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.rusind@aol.com ---------------------------------------------------------------------
Russell Industries: Russell Industries completes transaction
HOUSTON, TX, Apr 02, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) completed its acquisition of the eight Range Mining Claims located in Section 33, Township 33S, Range 20E, in San Juan County, Utah. The Company is aggressively pursuing additional mine claims as part of its 2007 strategic plan. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns an ownership interest in 64 Uranium Mining Claims as of April 2, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 e-mail: rusind@aol.com ---------------------------------------------------------------------
Russell Industries: Russell Industries adds 26 additional claims
HOUSTON, TX, Apr 03, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has staked and filed with the Bureau of Land Management 26 additional Uranium mine claims in Utah. More details will follow as The Company pursues acquiring additional mine claims as part of its 2007 strategic plan. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns an ownership interest in 88 Uranium Mining Claims as of April 3,2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.russind.com ---------------------------------------------------------------------
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Russell Industries Acquires 26 Uranium Mining Claims
HOUSTON, Apr 10, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired another 26 Uranium Mine Claims in San Juan County, UT. The acquisition of these claims raises the current total of San Juan County Uranium Claims to 154. Additionally, The Company plans to begin mining some of its claims, pending regulatory approval, in May. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. SOURCE: Russell Industries, Inc. CONTACT: For Russell Industries, Inc. Rick Berman, 713-446-7231 Fax: 281-298-9055 rusind@aol.com
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Russell Industries: Russell Industries: Raises Authorized Shares
HOUSTON, TX, Apr 16, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has filed a Certificate of Amendment with the Nevada Secretary of State to raise its authorized shares from 750,000,000 to 2,000,000,000. "The purpose of this change in authorized shares is to accommodate further raising of equity capital and continued acquisitions", Rick Berman, President and CEO. The Company is aggressively pursuing additional mine claims as part of its 2007 strategic plan. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns an ownership interest in 154 Uranium Mining Claims as of April 16, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries ---------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------- Russell Industries: Russell Industries: Acquires 50 Additional Uranium Mining Claims
HOUSTON, TX, Apr 19, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has acquired an additional 50 Uranium mining claims. The claims are located in the "Rage Claim" area of San Juan County Utah. With this acquisition Russell Industries now owns 204 Uranium Mining Claims all located in San Juan County, Utah. "The Company's 2007 strategic plan called for the acquisition of 200 additional claims and we are well ahead of schedule," Rick Berman, President and CEO. The Company is applying for an Exploration Permit that, upon approval, will allow it to mine 100,000 tons of Uranium located in a specific claim range it owns. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 204 Uranium Mining Claims as of April 19, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.russind.com ---------------------------------------------------------------------
Trophy Resources Adds Two New Board Members Thursday April 19, 8:54 am ET
CLEVELAND, OH--(MARKET WIRE)--Apr 19, 2007 --
Trophy Resources' (Other OTC:TRSI.PK - News) Board of Directors is pleased to announce the addition of two new members: Mr. Al Saavedra and Mr. Richard Berman. http://biz.yahoo.com/iw/070419/0241150.html
Russell Industries Continues Acquiring Uranium Mining Claims
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims. This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May. "We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman. A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. SOURCE: Russell Industries, Inc. CONTACT: Russell Industries, Inc. Rick Berman, 713-446-7231 (Investor Relations) Fax: +1 281-298-9055 rusind@aol.com http://biz.yahoo.com/iw/060911/0161700.html ---------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------ Russell Industries: Closes 504
HOUSTON, TX, May 23, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007. "The response from accredited investors was overwhelming and the equity capital raised has enabled Russell Industries to operate, acquire uranium mine claims and build a foundation for future mining, acquisitions and validation of proven and probable reserves of the assets", Rick Berman, President and CEO. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of May 23, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.irrsds@aol.com ---------------------------------------------------------------------
Russell Industries Closes 504
HOUSTON, May 24, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (PINK SHEETS:RSDS) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007. "The response from accredited investors was overwhelming and the equity capital raised has enabled Russell Industries to operate, acquire uranium mine claims and build a foundation for future mining, acquisitions and validation of proven and probable reserves of the assets," said Rick Berman, President and CEO. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of May 23, 2007. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. SOURCE: Russell Industries, Inc. CONTACT: Russell Industries, Inc. Rick Berman, 713-446-7231 (Investor Relations) Fax: 281-298-9055 irrsds@aol.com
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-0- Russell Industries: Russell Industries Mining Update
HOUSTON, TX, May 30, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has submitted all local, state and federal applications to permit exploration mining of one of its range of claims. To date, the Company is waiting for acceptance of its application and plan from United States Forestry Service. "We were optimistic that we could begin mining in May, now we are realistically expecting clearance in another 45 to 60 days. The Company will work diligently With all regulatory agencies that might request additional information regarding our exploratory mining application," said Rick Berman, President and CEO. Additionally, the Company plans to apply for at least two other exploration permits after regulatory clearance is obtained for the initial permit. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of May 23, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.irrsds@aol.com M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. (C)1994-2007 M2 COMMUNICATIONS LTD -0----------------------------------------------------------------------
Russell Industries 504 Completed
HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission. "The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims in San Juan County, Utah as of May 31, 2007. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. SOURCE: Russell Industries, Inc. CONTACT: Russell Industries, Inc. Investor Relations Rick Berman, 713-446-7231 Fax: 281-298-9055 irrsds@aol.com
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Russell Industries: Russell Industries: Acquires American Uranium Mining Company
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO. AUMC, a publicly traded company, will also have its stock traded on the pink sheet market. Russell Industries will announce the new symbol and date trading will begin in a future press release. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of June 18, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. (C)1994-2007 M2 COMMUNICATIONS LTD -0----------------------------------------------------------------------
CLEVELAND, OH, Jun 19, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources (PINKSHEETS: TRSI) announced today that they have begun the process of acquiring uranium claims in the San Juan Basin (San Juan County) four corners area of Utah. Made possible by the strong strategic alliance between Russell Industries (PINKSHEETS: RSDS), American Uranium Mining and Trophy Resources - Mining Division; Trophy may now share in the expertise and field knowledge currently held by Russell Ind. and American Uranium in the acquisition of these formerly productive (federally held) uranium properties. "It was no accident that we extended the offer to Mr. Richard Berman of Russell Industries to sit on Trophy's Board of Directors," said Trophy CEO, Eric Leonetti, adding, "Mr. Berman not only brings a wealth of business experience but the two and now three companies working together can amass a greater quantity of these formerly productive claims allowing for greater control and the pooling of certain resources in the marketing and eventual mining of the properties." Trophy plans are to bring as many as 310 claims, as much as 6100 acres, into its mining division in the next 120 days. Trophy Resources CEO Eric Leonetti adds, "We thank our shareholders for their patience as we move forward. We look forward to announcing many more exciting events as they are executed in the very near future." About Trophy Resources Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas, Williston Basin, Montana and the Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. Contact: Eric Leonetti 866-284-8617 eleonetti@tropyoil.com
SOURCE: Trophy Resources, Inc. CONTACT: mailto:eleonetti@tropyoil.com
Copyright 2007 Market Wire, All rights reserved. ---------------------------------------------------------------------
Russell Industries Acquires American Uranium Mining Company
HOUSTON, Jun 19, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired American Uranium Mining Company, formerly Ithaca Industries, Inc (Pink Sheets:ITHI). The Company owns 68 Uranium Mining Claims located in the Briger Jack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries' focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, who will be elected President and CEO. Ithaca, a publicly traded company, will continue to have its stock quoted on the pink sheet market. Russell Industries will announce the new symbol and date trading will begin in a future press release. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of June 19, 2007. Safe Harbor Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations. SOURCE: Russell Industries, Inc. CONTACT: Russell Industries, Inc. Rick Berman, 832-631-6074 Fax: 281-298-9055 irrsds@aol.com
Copyright Business Wire 2007 -0----------------------------------------------------------------------
Trophy Resources Announces Joint Venture in Uranium and O&G
CLEVELAND, OH, Jun 28, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources (PINKSHEETS: TRSI) announced today that they have signed a Letter of Intent to form a joint venture program with Russell Industries and American Uranium Mining Company. Made possible by the strong strategic alliance between Trophy Resources, Russell Industries (PINKSHEETS: RSDS), and American Uranium Mining Company, the three entities plan to work together to better exploit all of the resources available within the companies and the property / assets they now control. "Where Mr. Berman (President and CEO of Russell Industries) has the knowledge, expertise and personnel necessary to acquire available uranium claims we at Trophy have the background in O&G they lack," said Trophy CEO, Eric Leonetti, adding, "Mr. Berman wanted the ability to properly manage his assets and exploit the possible existence of oil, natural gas and coal bed methane on Russell's existing claims and we would like to exercise the same principle exploring for uranium on our current O& G holdings. This relationship just makes sense." Though all the details are yet to be worked out between the companies they seem very confident in both their ability to complete this transaction and move forward on the projects under their joint control. Trophy Resources CEO Eric Leonetti adds, "We again need to thank our shareholders for their patience as we move forward. This is an exciting time for us and we hope they will stay with us for the long haul." About Trophy Resources Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas, Williston Basin, Montana and the Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. Contact: Eric Leonetti President / CEO 866-284-8617 eleonetti@trophyoil.com
SOURCE: Trophy Resources, Inc. CONTACT: mailto:eleonetti@trophyoil.com
Copyright 2007 Market Wire, All rights reserved. ---------------------------------------------------------------------
Russell Industries: -American Uranium Mining Company (AUMN.PK): New Symbol and Reverse Split
HOUSTON, TX, Jul 05, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that its most current acquisition, American Uranium Mining Company (formerly Ithaca Industries) will be trading under its new symbol AUMN.PK and will have a 1-45 Reverse Split of its common stock effective at the opening of business today. RSDS acquired AUMN, which owns 68 Uranium Mining Claims located in the Briger Jack section, San Juan County, Utah in June. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County." About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 5, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: www.irrsds@aol.com M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. (C)1994-2007 M2 COMMUNICATIONS LTD ---------------------------------------------------------------------
Russell Industries: -Russell Industries: American Uranium Mining Company (AUMN.PK) New Symbol and Reverse Split
HOUSTON, TX, Jul 05, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that its most current acquisition, American Uranium Mining Company (formerly Ithaca Industries) will be trading under its new symbol AUMN.PK and will have a 1-45 Reverse Split of its common stock effective at the opening of business today. RSDS acquired AUMN, which owns 68 Uranium Mining Claims located in the Briger Jack section, San Juan County, Utah in June. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County." About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 5, 2007. Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.irrsds@aol.com M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. (C)1994-2007 M2 COMMUNICATIONS LTD ---------------------------------------------------------------------
Russell Industries: Russell Industries (RSDS.PK): exploration permit update
HOUSTON, TX, Jul 16, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has received preliminary approval for its Plan of Operations for uranium exploration on its Rage Claims within the Monticello Ranger District of San Juan County Utah. The letter dated July 12, 2007 stated that "Our internal resource specialists are reviewing the project and there is a Request for Comments out to the public for their input and any concerns they may have. Currently, there are no significant issues identified and if no other issues are raided, we should have the Plan of Operations approved by August 1, 2007. If issues are raised, however, more time will be needed to analyze these before the Plan can be approved." "We are pleased with the update and are optimistic that any issues from the Request for Comments would not be significant, therefore they should be resolved quickly and so should approval of our Plan of Operations," said Rick Berman, President and CEO of Russell Industries. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK). Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.irrsds@aol.com ---------------------------------------------------------------------
Russell Industries: -RUSSELL INDUSTRIES: CORRECTION FOR APPROVAL DATE
HOUSTON, TX, Jul 17, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has received preliminary approval for its Plan of Operations for uranium exploration on its Rage Claims within the Monticello Ranger District of San Juan County Utah. The letter dated July 12, 2007 stated that "Our internal resource specialists are reviewing the project and there is a Request for Comments out to the public for their input and any concerns they may have. Currently, there are no significant issues identified and if no other issues are raided, we should have the Plan of Operations approved by August 13, 2007. If issues are raised, however, more time will be needed to analyze these before the Plan can be approved." "We are pleased with the update and are optimistic that any issues from the Request for Comments would not be significant, therefore they should be resolved quickly and so should approval of our Plan of Operations," said Rick Berman, President and CEO of Russell Industries. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK). Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. CONTACT: Investor Relations Fax: +1 281 298 9055 WWW: http://www.irrsds@aol.com ---------------------------------------------------------------------
Trophy Resources Proceeds With Acquisition of Uranium Claims
CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines. The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims. "This is a key step forward for the Mining Division of our company. We plan to have these initial 65 claims in house in the next 30 days," said Eric Leonetti, President and CEO of Trophy Resources. "Our relationship with our Director, Rick Berman, Russell Industries and American Uranium Mining Company, is producing the opportunities that the company expected. We believe that a long-term bond between the three companies serves many aspects of our individual plans. This synergism will allow for the sharing of experience and expertise, and will specifically offer a more cost effective approach." The companies have elected to engage two independent geologists to issue (NI) 43-101 compliant reports to establish economic valuation of the underlying assets. They also plan to explore the possibility of oil, natural gas, and coal bed methane on the group's independent holdings in San Juan Basin, Utah. About Trophy Resources Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas and the Casper Arch / Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," "planned," "will," "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration company with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. Contact: Trophy Resources, Inc. Eric Leonetti 866-284-8617 eleonetti@trophyoil.com
SOURCE: Trophy Resources, Inc. CONTACT: mailto:eleonetti@trophyoil.com
Copyright 2007 Market Wire, All rights reserved. -0- ---------------------------------------------------------------------
Russell Industries: Permit received
HOUSTON, TX, Jul 25, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has received approval for its Plan of Operations for uranium exploration on its Cache Claims in San Juan County Utah. The permit was approved by the Division of Oil, Gas and Mining for the State of Utah and allows for 33 holes, one wet and 32 dry to be drilled. The Company has applied for two other permits and expects receive the second by August 13. The Company is reviewing proposals for the purchase of drilling equipment. "We are pleased with Bureau of Land Management's approval of our permit. We are looking forward to being able to validate the proven and probable reserves of this claim area," said Rick Berman, President and CEO of Russell Industries. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK). Safe Harbor 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's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Source: Russell Industries M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. (C)1994-2007 M2 COMMUNICATIONS LTD ---------------------------------------------------------------------
CLEVELAND, OH, Aug 01, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources (PINKSHEETS: TRSI) is excited to announce that their joint venture partnership with Russell Industries, Inc. (PINKSHEETS: RSDS) and American Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah. This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future. The companies have elected to engage two independent geologists to issue (NI) 43-101 compliant reports to establish economic valuation of the underlying assets. The companies also plan to explore the possibility of oil, natural gas and coal bed methane on the group's independent holdings in San Juan Basin, Utah. Eric Leonetti, President/CEO (Trophy Resources) and Rick Berman, President/CEO (Russell Industries, Inc) said in a joint statement, "We simply cannot be more pleased with the progress we have made, as well as the manner in which this process has been completed, with the BLM. We have begun pursuing the acquisition of the equipment necessary to complete this exploratory work. We are now in position to make rapid progress on these initial holdings and look forward to what we feel will be very positive results." The Joint Venture between Russell Industries, American Uranium Mining Company, and Trophy Resources was announced on June 28, 2007, as a means of exploiting the companies' potential commercial holdings in uranium, oil, and natural gas. About Trophy Resources Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas and the Casper Arch / Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," "planned," "will," "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. Contact: Trophy Resources, Inc. Eric Leonetti 866-284-8617 eleonetti@trophyoil.com
SOURCE: Trophy Resources, Inc. CONTACT: mailto:eleonetti@trophyoil.com
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