June 2007 - Page 63 of 75

WednesdayJun 06, 2007 3:02 pm

Surge Global (SSRG.OB) Digs into Canadian Riches

Trailing only Saudi Arabia as the world's largest known oil reserve, the oil sands of Alberta, Canada contain an estimated 175 billion barrels of buried oil. Alberta sits atop a multi-billion dollar oil sands reserve that could meet Canada's energy needs for about 250 years, making it a gleaming spot on the map for oil and gas companies.Surge Global Energy (SRGG.OB) is an early stage oil and gas exploration and production company digging into the riches buried beneath the Canadian soil. The company also has an interest in Argentina as well, the Red Earth oil sands project in Northern Alberta,…

WednesdayJun 06, 2007 2:46 pm

FundsTech Corp (FNDS.OB) Expanding International Reach

As FundsTech Corp. (OTCBB: FNDS) strives to fulfill its corporate mission of leading in the "creation, development and implementation of the industry's most advanced financial transaction processing and information technology systems," the company is making changes across the board - building a management team to assist the company in focusing on "virtually untapped" global markets."We have an experienced management team with over 100 years' experience; we are adding to that and bringing people in who have proven track records in the financial transaction arena," David Fann, president of FundsTech, said in an interview with wallstreetreporter.com. Monday, the company announced the…

WednesdayJun 06, 2007 2:46 pm

TX Holdings Inc (TXHG.PK) Gets Coverage & Looking to Acquire Oil & Gas Fields

TX Holdings Inc. (OTCBB: TXHG) announced that MicroStockProfit.com, a specialized provider of market intelligence, high quality analytical reports and strategic advisory services for the capital markets, has initiated coverage of the company.MicroStockProfit.com (MSP) is a premiere source of otherwise hard to find market information on dynamic and innovative emerging growth micro-cap companies that MSP believes to have excellent future appreciation potential. "Cumulatively, the MicroStockProfit.com team has amassed more than 30 years of experience across a wide variety of business areas including strategic market analysis and securities trading, corporate research, technology consulting, and direct mail/Internet marketing," commented Mark Neuhaus - chairman…

WednesdayJun 06, 2007 2:46 pm

Podium Venture (PDVP.PK) Group Focuses on N’EAST Magazine

Media, apparel, and publishing-oriented holding company Podium Venture Group (Pink Sheets: PDVP) recently told Market News First that it has almost concluded the total acquisition of alternative culture publication N'EAST Magazine."Our focus in the last few months has been closing the remaining 51 percent of N'EAST magazine," company CEO Jim McGinluy said in a recent interview. "We're getting close to it ... we're still poised for the actual closing here." N'EAST Magazine isn't the first piece of alternative culture Podium Venture's set its sights on. The company also counts surfer clothing companies Erino Clothing and Corduroy Surf as part of…

WednesdayJun 06, 2007 2:46 pm

Blackout Media (BKMP.PK) Remains Quiet on Sale Negotiations

Blackout Media (Pink Sheets: BKMP) may not be a widespread name, but it is parent company to the popular Fight Network Inc., a cross-platform company with interests in television, radio, Web, mobile and Pay-Per-View media. The network caters to combatant sports fans, featuring boxing, wrestling, mixed martial arts, as well as "fight themes" movies, documentaries and television series including Ultimate Fighting Championship (UFC) and International Fight League (IFL).Blackout is a holding company with interest in Blackout Communications, a diversified media and entertainment company with operations in Canada and the United States. Founded in 1995, Blackout Media formerly operated under the…

WednesdayJun 06, 2007 2:46 pm

HumWare (HMWM.PK) and Evans (EVYS.PK) Team Up to Create Child Watch Network

Team-ups aren't uncommon in the Pink Sheets; companies will often group together for financial reasons or even mutual protection. But providing an important and largely public service? That's not something most Pink Sheet companies are interested in - and that's why what HumWare Media Corp. (Pink Sheets: HMWM) and Evans Systems Inc. (Pink Sheets: EVSY) is so revolutionary.According to the press release, Evans Systems placed a $4.6 million order with HumWare to create, develop and maintain a new digital Child Watch Network for Evans Systems over the course of the next five years. This new network will provide instantaneous updates…

WednesdayJun 06, 2007 2:46 pm

Cream Minerals’ (CRMXF.OB) (TSX: CMA) Focus on Diamond Exploration

Diamond's are a woman's best friend, and one of Cream Minerals Ltd.'s (OTCBB: CRMXF/TSX: CMA) focal points. The mineral exploration company recently announced that three bulk samples of approximately 6 cubic meters of diamondiferous alluvial products produced 10 diamonds, weighed in at .55 carats per cubic meter.Cream Minerals holds a 70 percent interest in two exploration licenses in Sierra Leone, West Africa, as well as properties in Canada and Mexico. In 2005, the company entered into an agreement with Casierra Diamond Corp. and its subsidiary to earn the 70 percent interest in production for diamonds and other minerals in Sierra…

WednesdayJun 06, 2007 2:46 pm

PETAQUILLA MINERALS (OTCBB: PTQMF) (TSX:PTQ) (FRANKFURT:P7Z) CLOSES FOURTH TRANCHE

Petaquilla Minerals Ltd. (OTCBB: PTQMF) (TSX:PTQ) (FRANKFURT:P7Z) recently announced that its subsidiary, Petaquilla Copper Limited, has closed the fourth tranche of its non-brokered private placement, issuing more than 10 million units at $2.00 per unit and raising proceeds of $21 million.According to the company's latest press release, the official closing date of the fourth tranche was June 1, 2007. In the meantime, all securities issued under the private placement are subject to a four month resale restriction until October 2 of this year. Petaquilla Copper reportedly paid a cash commission and advisory fee of 5 percent, equal to $1,056,320, in…

WednesdayJun 06, 2007 2:46 pm

Houston Lake Mining Inc (HLKMF.PK) Digging Up C$2.5M in Financing for 2007

Houston Lake Mining Inc. (Pink Sheets: HLKMF) recently announced that it is raising a total of C$2.5 million in a non-brokered flow-through private placement financing with Max Capital Markets Ltd., subject to regulatory approval.The proceeds of the private placement will be utilized to bring the historic resource on the recently acquired Dubensky property up to "NI-43-101" standards and to continue exploration and drilling on the company's 100 percent owned and optioned gold properties located near Sioux Narrows, Ontario. According to a press release, HLKMF is offering up to 1,250,000 common share units and 1,086,957 flow-through shares for total gross proceeds…

WednesdayJun 06, 2007 2:46 pm

Avino Silver & Gold Mines Ltd (ASGMF.OB) Exploring Silver in North America

Avino Silver & Gold Mines Ltd. (OTC BB: ASGMF) is exploring five top silver projects in Canada and Mexico. All the company's properties are owned 100 percent. In Mexico, ASGMF has over 30 years of operating history and long-standing business relationships.The company's Eagle Property is located in the Yukon Territory, Canada, and has produced very high assays for silver since exploration first occurred there in 1964. A study carried out in August of 2002 recommended geochemical and geophysical exploration to examine the continuity of the Eagle vein. Drilling and underground exploration would follow based on the success of the first…

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Month: June 2007

Surge Global (SSRG.OB) Digs into Canadian Riches

FundsTech Corp (FNDS.OB) Expanding International Reach

TX Holdings Inc (TXHG.PK) Gets Coverage & Looking to Acquire Oil & Gas Fields

Podium Venture (PDVP.PK) Group Focuses on N’EAST Magazine

Blackout Media (BKMP.PK) Remains Quiet on Sale Negotiations

HumWare (HMWM.PK) and Evans (EVYS.PK) Team Up to Create Child Watch Network

Cream Minerals’ (CRMXF.OB) (TSX: CMA) Focus on Diamond Exploration

PETAQUILLA MINERALS (OTCBB: PTQMF) (TSX:PTQ) (FRANKFURT:P7Z) CLOSES FOURTH TRANCHE

Houston Lake Mining Inc (HLKMF.PK) Digging Up C$2.5M in Financing for 2007

Avino Silver & Gold Mines Ltd (ASGMF.OB) Exploring Silver in North America

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