October 2010 - Page 9 of 33

FridayOct 22, 2010 9:41 am

Uranium Energy Corp. (UEC) to Raise $27.5 Million via Private Placement

Uranium Energy Corp. announced this morning that it has entered into definitive agreements to sell units of the company through a private placement, with each unit consisting of one common share of the company's common stock and one-half of one common stock share purchase warrant, for aggregate gross proceeds of up to approximately $27,528,467.20. The closing of this offering is subject to customary closing conditions. As detailed in the agreements, Uranium Energy is expected to sell up to an aggregate of 8,096,608 Units, at a price of $3.40 per Unit, so that the purchasers will receive an aggregate of up…

FridayOct 22, 2010 8:46 am

Beacon Equity Research Featured Company: AISystems, Inc. (ASYI.OB)

AISystems is a revolutionary technology company whose advanced, real-time, integrated-environment solution, jetEngine™, offers a truly comprehensive platform for strategic management of an airline’s tasks. The entire commercial airline industry can benefit from this full-spectrum software tool, which ASYI backs up via a small army of world class developers and mathematicians who continually refine the scalable, modular infrastructure. Integrated Airline Planning, Revenue Management, and Operations are provided via a Business Planning Suite (BPS) and an Integrated Operations Suite (IOS); • BPS Core Business Services: Revolutionary full-spectrum analytical modeling • BPS Key Business Drivers: Financial impact of variables/constraints in operations • BPS…

FridayOct 22, 2010 8:13 am

WorldVest, Inc. (WOVT.OB) Announces the Completion of Name Change to Iron Mining Group, Inc.

Today, WorldVest announced the official name change of the company to the Iron Mining Group, Inc. The company amended its corporate name as of October 15, 2010 with the State of Florida. Iron Mining Group, Inc. plans to apply to FINRA for a new trading symbol to reflect this change with the current symbol still being in effect. Shareholders of WorldVest, Inc. will receive one share of Iron Mining Group, Inc. for each current share held. Management feels the name change will reflect the mission of the company and increase credibility. Coupled with this name change is news that Iron…

FridayOct 22, 2010 8:09 am

Medizone International Inc. (MZEI.OB) Announces Successful Completion of First Phase of AsepticSure™ Beta Testing

Medizone International Inc. announced yesterday successful completion of the first phase of AsepticSure™ beta testing at Hotel Dieu Hospital, an ambulatory care teaching and research hospital affiliated with Queen's University in Kingston, Ontario, Canada. Medizone International, Inc. is a research and development company. They are engaged in developing their AsepticSure™ System to decontaminate and sterilize hospital surgical suites, emergency rooms, intensive care units, patient rooms, schools and other critical infrastructure. A government variant is undergoing development for bio-terrorism counter measures. Additional variants are undergoing development for sports facilities and food processing applications. Hotel Dieu Hospital is the ambulatory care teaching…

FridayOct 22, 2010 8:07 am

Techs Loanstar, Inc. (TCLN.OB) Enters Agreement to Acquire Social Network Tech

Yesterday, Techs Loanstar, Inc. announced that it has entered into a non-binding Letter of Intent to obtain the social networking technology that it has been using (through its subsidiary ZenZuu USA Inc.) under an exclusive license in the US. Techs Loanstar was originally created to provide loan management services and software for the equity and payday loan industry, but upon acquiring ZenZuu USA, ceased pursuing their services in loan management and took on the business plan of ZenZuu. Techs Loanstar, through its subsidiary Contest Partners, Inc, has announced its first online contest, "Sexy and the Cyber Slam", to launch later…

ThursdayOct 21, 2010 3:34 pm

Ardent Mines (ADNT.OB) Signs Memorandum to Acquire Brazilian Gold Mining Property

Ardent Mines Limited today announced it has entered into a Memorandum of Understanding (MOU) with the owners of Rio Sao Pedro Mineracao Ltd. (RSPM), a Brazilian entity that owns land suitable for potential gold mining near Paracatu, Brazil, in which Ardent expects to acquire 100 percent of RSPM via share exchange. Ardent CEO Leonardo Riera said the property, known as Fazenda Lavras, is in close proximity to Kinross Gold in Paracatu, the largest producing mine in Brazil. Preliminary evaluations indicate reserves of approximately 5.7 million ounces of gold on the property. In addition to this property, RSPM owns the mineral…

ThursdayOct 21, 2010 1:32 pm

Harvest Natural Resources, Inc. (HNR) Issues Updated Reserve Report

Harvest Natural Resources, Inc. issued an updated reserve report that incorporates a revaluation of one of the oil and gas fields owned by Petrodelta, S.A., a partly owned affiliate of the company. Harvest Natural Resources, Inc. said that the El Salto field, located in Venezuela, now has 103.0 million barrels of oil equivalent (BOE) of proved and probable reserves as of the end of September 2010. This is a 26% increase from the end of 2009. Harvest Natural Resources, Inc. reported that the increase was due to additional exploration and development in Block 5 of the El Salto Field. The…

ThursdayOct 21, 2010 1:31 pm

Comstock Mining Inc. (LODE) Completes Reorganization Plan

Comstock Mining Inc. announced that the company has successfully completed the reorganization and recapitalization plan that was announced earlier in 2010. The plan involved issuing new equity, obtaining prospective mineral rights and the exchange of existing debt for equity. Comstock Mining Inc. issued Series B Preferred Convertible Stock and raised $35.75 million in gross proceeds. Comstock Mining Inc. said that the company would use the funds to explore and develop its portfolio of mining properties. The Series B Preferred Convertible Stock pays a dividend at a rate of 7.5% and is convertible into 1,536 shares of common stock. Comstock Mining…

ThursdayOct 21, 2010 1:27 pm

American Rare Earths & Materials, Corp. (AREM.OB) Jumps Into Rare Earth Metals Industrial Market

American Rare Earths & Materials, www.americanrare.com – the highly efficient innovator in rare earth metals commercialization, disclosed a series of MOUs (memorandum of understanding) today dynamically expanding its processing and distribution abilities for a whole range of new industrial markets. AREM will extend its exclusive distribution/manufacturing license for patented super alloys of scandium (hitherto developed for sporting goods) to automotives, electronics, logistics and power transmission, as well as shipbuilding and transportation. The MOUs were announced in cooperation with intellectual property holding and scientific development firm Advanced Light Alloys Corp. which holds a patent to an alloy system for infusing aluminum…

ThursdayOct 21, 2010 1:24 pm

GHN Agrispan Holding Company (GHNA.OB) Signs $720k Catering Agreement with China’s Largest Hypermarket Retailer

GHN Agrispan, www.ghnagrispan.com - the brilliant Chinese operating company that is pursuing a “from the farm to the table” philosophy in order to create a robust food supply system, announced a strategic agreement to provide catering services to China's largest hypermarket chain today. Estimated annual value of the contract is $720k and would have GHNA supplying meat and vegetable dishes in addition to a selection of healthy soups to round out its already extremely appealing all-natural catering services. Very good news to the some 1.2k employees at the Ningbo Beilun Branch of China’s domestic retail hypermarket giant as this contract…

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Month: October 2010