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FridayMay 21, 2010 7:16 am

Anglo Canadian Oil Corp.’s (ACG.V) Board of Directors Appoints Director

Yesterday, Anglo Canadian Oil Corp. announced that their Board of Directors appointed Mr. Mason Douglas as a Director of the corporation. Mr. Douglas is a Director and President of Infrastructure Materials Corp., a U.S. junior mining enterprise that trades on the OTC Bulletin Board. Mr. Douglas received an MBA from the University of Saskatchewan in 2000. He received a Bachelor of Laws (LLB) from the University of Calgary in 2007. He is currently an inactive member of the Law Society of Alberta. Since 2001, he has operated as an independent consultant. He provides project management services to a variety of…

FridayMay 21, 2010 7:14 am

Aerosonic Corporation (AIM) Announces New Order for Aerodynamic Test Equipment from Hindustan Aeronautics Ltd.

Aerosonic Corp., a leader in aviation instrumentation and avionics equipment – including integrated cockpit displays, digital and mechanical standby displays, sensors and probes for commercial, business and military aircraft, recently announced that the company has received a contract to build complex air data test equipment for the overhaul division of Hindustan Aeronautics Ltd. This new contract will help the company’s global expansion with its growing air data test equipment product line and Angle of Attack sensor suite. Under the terms of the contract with Hindustan Aeronautics Ltd., Aerosonic Corporation will initially include hardware, software and training. This long-term contract will…

ThursdayMay 20, 2010 3:18 pm

Magellan Petroleum Corp. (MPET) Announces $15.6 Equity Agreement with Young Energy Prize

Magellan Petroleum Corp. recently announced a term sheet agreement with Young Energy Prize S.A. (YEP), outlining an agreement in principle for an additional investment of $15.6 million from YEP in Magellan. Currently, YEP owns approximately 27 percent of the outstanding shares of Magellan’s common stock; upon closing of the transaction announced, YEP will own approximately 33 percent of the Magellan’s Common Stock. Magellan’s president and CEO William H. Hastings said part of the equity will be used for its offshore work in Australia, with other portions contributing to various projects. “This is the first step in the financing process for…

ThursdayMay 20, 2010 3:16 pm

Solar Power Inc. (SOPW.OB) Inks Design and Construction Contract with BLT Enterprises

Integrated solar developer Solar Power Inc. today announced a contract with BLT Enterprises in which Solar Power will design and construct a 397 kW photovoltaic (PV) solar system for BLT Enterprises’ Fremont Recycling and Transfer Station (FRTS) in California. FRTS is responsible for the recycling and disposal needs for residents of Fremont, Newark and Union City, California. In 2009, FRTS recycled nearly 14,000 tons of material. Implementing Solar Power’s PV system with BLT’s current green initiatives will position it as one of the most environmentally friendly operations in the San Francisco Bay Area. “We are very pleased to be adding…

ThursdayMay 20, 2010 2:42 pm

International Isotopes Inc. (INIS) Reports Small Loss in First Quarter of 2010

International Isotopes Inc. reported a net loss of $1.2 million in the first quarter of 2010, which ended 3/31/2010. The company lost $0.60 million in the same quarter in 2009. International Isotopes Inc. attributed the higher net loss to increased expenditures on research and development expenses, and higher manufacturing expenses related to the conversion of facilities to other uses. International Isotopes Inc. reported that revenue in the first quarter of 2010 was $1.3 million, a 35% decline from the same quarter in 2009. The management of International Isotopes Inc. noted that a supply disruption in its nuclear medicine business segment…

ThursdayMay 20, 2010 2:40 pm

Power3 Medical Products, Inc. (PWRM.OB) Develops Alzheimer’s Breakthrough

Power3 Medical Products, Inc., www.power3medical.com – one of the foremost biotech operations specializing in cancer and neurodegenerative diagnostics, specifically Alzheimer’s, Parkinson’s and Lou Gehrig’s disease (amyotrophic lateral sclerosis or ALS), announced an amazing new breakthrough discovery today in conjunction with renown psychiatrist Lourdes R. Bosquez, MD. The Company’s leading Alzheimer’s diagnostic, NuroPro®, proved a hitherto unknown pharmaceutical ability to actually flag and track responses to drug treatment, as clinically distinct differences were detected in the response of NuroPro biomarkers in untreated patients when compared to those treated with the leading anti-dementia drugs Aricept® (Donepezil HCl, Pfizer), Exelon® (Rivastigmine, Novartis), and…

ThursdayMay 20, 2010 2:35 pm

Brazil Gold Corp. (BRZG.OB) to Acquire 2.1M Acres of Prime Gold Acreage in Brazil

Brazil Gold Corp., www.brazilgold.com, today disclosed from their HQ in Seattle, Washington details regarding a definitive acquisition agreement with Swiss corporation Rusheen Handels AG, whereby BRZG will acquire all controlling interests currently held by Rusheen (99% ownership equivalent) in the Brazilian mineral exploration concern, Amazonia Capital e Partipacoes Ltda., which maintains exclusive rights to a resource-dense 2.125M-acre mineral patch in Brazil’s Amazon Basin. The formal transfer is projected for completion prior to June this year, as the agreement essentially supersedes the previously announced letter of intent issued by the Company, which will take possession of Rusheen’s stake in Amazonia in…

ThursdayMay 20, 2010 1:57 pm

Newport Digital Technologies, Inc. (NPDT.OB) Led by a Well Rounded Management Team

More than most other companies, Newport Digital Technologies Inc., a leading worldwide provider of WiMAX and related solutions, is dependent upon a management team that is not only technologically savvy, but comfortable in a global environment. • Chairman – Mr. Richard Damion Founder of the company, Richard Damion is one of the country’s premier enterprise builders. He has over 40 years of experience developing, operating, and selling numerous enterprises. By forming a close collaboration with a huge pool of Taiwan’s best R&D professionals in the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), both based in…

ThursdayMay 20, 2010 1:37 pm

Paradigm Oil and Gas, Inc. (PDGO.OB) Board Creates New Subsidiary

Today it was announced that Paradigm Oil and Gas, Inc.'s Board of Directors has decided to create a 100% owned technology and service subsidiary, Paradigm Technology Solutions Inc. The new company, whose creation received a unanimous vote, will manage and run the company’s technology and service assets. "We are committed to acquiring new and proprietary technologies in the oil industry to advance our position as a leader in the energy sector." stated Mr. Marc Juliar, Chief Executive Officer of Paradigm Oil and Gas, Inc. "Over the last several weeks, our management team has evaluated a portfolio of leading-edge, technologies and…

ThursdayMay 20, 2010 1:33 pm

Bontan Corporation Inc. (BNTNF.OB) Receives Government Approval of Offshore Licenses

Bontan Corporation Inc. announced that the government of Israel officially confirmed the validity of 2 offshore oil and gas licenses held by the company. Bontan Corporation Inc. said that the Israeli Ministry of National Infrastructure sent a letter to the company in May 2010 stating that the 347/Myra and 348/ Sarah licenses were valid. The company has an 11% net working interest in both offshore licenses. The Israeli Ministry of National Infrastructure also approved changes to the development program drafted by Bontan Corporation Inc. and its two partners in the venture. Bontan Corporation Inc. said that the first stage of…

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