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ThursdayJun 17, 2010 8:01 am

Coastal Pacific Mining Corp. (CPMCF.OB) Announces Appointment of New Director, Restructuring and Retirement of Debt, and Begins Negotiation on Property Acquisition

Headquartered in Calgary, Alberta, Coastal Pacific Mining Corp. announced late Wednesday that the Company has determined to restructure and retire the majority of their current outstanding debt. They are doing this via a debt settlement to various creditors of the Company. This is to enable the Company to raise funds more easily so they can pursue a property acquisition currently under negotiation. This is also to finance the required work programs on the property. Coastal Pacific Mining Corp. also announced an appointment to their Board of Directors. The Company has entered into debt settlement agreements with various creditors. These agreements…

WednesdayJun 16, 2010 3:21 pm

Worldwide Energy and Manufacturing USA Inc. (WEMU.OB) Issues Positive Corporate Update for Q2

Worldwide Energy and Manufacturing USA Inc., a U.S.-based China manufacturing company, operates through its subsidiaries to offer products for customers the solar energy, aerospace, wireless telecommunications, medical equipment and automotive industries. The company today issued a corporate update for the second quarter ended June 30, 2010. The company reported its revenue expectations for the second quarter to exceed $30 million, up 200 percent from the same period of 2009. Sales for the second quarter in the UK are expected to increase more than 500 percent in the second quarter, as compared to the second quarter of 2009. The company attributes…

WednesdayJun 16, 2010 2:53 pm

MegaWest Energy Corp. (MGWSF) Releases Updated Reserve Report

MegaWest Energy Corp. announced an update in reserve estimates at its properties in the United States, based on a new reserve analysis by an independent consulting firm. MegaWest Energy Corp. said that the updated reserve analysis was conducted by GLJ Petroleum Consultants, utilizing the Standards of Disclosure for Oil and Gas Activities mandated by the Canadian authorities. GLJ Petroleum Consultants assigned a net present value of $35.96 million to the company’s total proved, probable and possible reserves. The properties are located in Missouri, Kansas and Kentucky MegaWest Energy Corp. said that the updated proved, probable and possible reserves total 3.25…

WednesdayJun 16, 2010 2:52 pm

VAALCO Energy, Inc. (EGY) Reports Results at Exploratory Well in Gabon

VAALCO Energy, Inc. announced that an exploration well located offshore Gabon encountered hydrocarbons at a total depth of approximately 9000 feet. The Southeast Etame No. 1 well found 16 feet of oil-bearing sands in the Gamba sandstone formation. The well is located in the Etame Development Area, in which VAALCO Energy, Inc. has a 28.07% net interest. The Etame Development Area is approximately 1,186 square miles. VAALCO Energy, Inc. said that the company will drill a sidetrack well to confirm the discovery, and the sidetrack well will take 22 days to drill. The company is also investigating the Dentale sand…

WednesdayJun 16, 2010 1:05 pm

Magic Software Enterprises Ltd. (MGIC) Named to SD Times 100 in the SOA and Middleware Award Category

Magic Software Enterprises Ltd. is a global provider of on-premise and cloud-enabled application platform solutions. These solutions include full client, rich internet applications, mobile or software-as-a-service (SaaS) modes, and business and process integration solutions. The company has partnerships with global IT leaders including SAP, IBM and Oracle. The company today announced it was named to BZ Media's SD Times 100 in the SOA and Middleware award category. Magic Software was chosen by SD Times editors as an industry “top leader, innovator and influencer.” The editors chose the company for its success and momentum in 2010 as a company that provides…

WednesdayJun 16, 2010 1:03 pm

GoldCorp Holdings Co. (GHDC.OB) Receives First Lease Payment from Silver Falcon (SFMI.OB) Two Weeks Early

GoldCorp Holdings Co. announced today that the Company has received its first lease payment from Silver Falcon Mining, Inc. The payment, scheduled to be made on July 1st, was received two weeks ahead of schedule. Per the terms of the lease agreement, Silver Falcon will pay approximately $83,000.00 (eighty-three thousand) per month for the next sixteen years. The payments grant Silver Falcon the exclusive mining rights to War Eagle Mountain. Total lease price will total approximate $16 million. GoldCorp Holdings, Co. owns War Eagle Mountain mining claims, a gold and silver rich property, whereas Silver Falcon Mining, Inc. has the…

WednesdayJun 16, 2010 12:38 pm

Dataram Corp. (DRAM) Expands Strategic Partnership with Advanced Industrial Computer

Dataram Corp., www.dataram.com – 40-year veteran leader in the memory technology sector and innovating engineer in memory and storage solutions, yesterday announced expansion of its strategic partnership with OEM/ODM server and storage solution powerhouse, Advanced Industrial Computer (AIC) www.aicipc.com. The expanded partnering agreement will marry DRAM’s sophisticated engineering expertise in mission-critical memory hardware with AIC’s reputation as a predominant solution provider in the OEM/ODM market space in order to crush the competition and achieve maximum market penetration. A market segment-attuned sales and marketing initiative has subsequently been launched by both companies which will allow extended capitalization of previous efforts in…

WednesdayJun 16, 2010 12:35 pm

Ruby Creek Resources, Inc. (RBYC.OB) Acquires Exclusive Mining Rights to Entire Mkuvia Gold Project

Ruby Creek Resources, Inc., www.rubycreekresources.com – the mineral exploration and recovery firm, announced expansion of its operations in Tanzania today via acquisition of exclusive mineral and mining rights to the entirety of the Mkuvia Gold Project. Adding 225 square kilometers to the previously acquired 125 sq km ($3M, closed March 2010) already operated by RBYC’s 70%-owned joint venture, Ruby Creek Resources (Tanzania) Limited, the signing of this $6M purchase agreement with Douglas Lake Minerals Inc. gives the Company control of the entire 380 sq km of the Mkuvia Gold Project. Remaining ownership of the joint venture, RBYC Tanzania Ltd., is…

WednesdayJun 16, 2010 12:25 pm

Simulated Environment Concepts, Inc. (SMEV.PK) – A Story Of Remarkable Growth

Simulated Environment Concepts Inc. has expanded tremendously since the company’s inception only a few short years ago. Early investors in the company have experienced unbelievable returns (take a look at share price over the past year), and all signs suggest that this is just the beginning of a worldwide expansion. How have they done it? You might call it the perfect storm, an almost ideal mix of product, market, and management, that has turned the dream of two Florida doctors into a potential economic hurricane. All of it started when Dr. Ella Frankel and Dr. Ilya Spivak began to recognize…

WednesdayJun 16, 2010 10:35 am

Neurocrine Biosciences Inc. (NBIX) Offers a Solid Product Pipeline and a Probable $575 Million Development Deal with Abbott Labs

One of the real tricks to investing in the bioscience sector is finding a company with a solid research arm, solid relationships with big pharma and a solid product pipeline that is ready to pump out product at regular intervals. If one can do this, a profit will most likely be had. Neurocrine Biosciences Inc., a developer and commercialize of endocrine and neurological based pharmaceutical products, works to develop and commercialize a wide variety of products. The company currently has several products in phase II FDA testing and several others that have received FDA indicators with positive approval status (with…

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