Blog - Page 3968 of 5740

FridayMar 05, 2010 11:51 am

Dana Resources, Inc. (DANR) to Acquire Silver Mine

Dana Resources, a U.S. based precious metals exploration and development company, with offices in Peru, today announced signing of a Letter of Intent to acquire the Chota Silver Mine, located in Peru. Under the agreement, Dana would be granted 100% ownership of the mine for an aggregate consideration of $425,000 in cash payments, plus a commitment to upgrade the infrastructure of the mine, and a share allotment to be determined at closing. An initial payment of $25,000 upon signing of the letter secured the project for Dana. In addition to silver, the property is currently producing gold, lead, and zinc.…

FridayMar 05, 2010 11:47 am

General Moly, Inc. (GMO) Awaits BLM Recommendations, Chinese Concern Considering Full Funding

Having a deep pocketed investor and customer waiting in the wings is always an advantage when a company is working in a less than certain marketplace. It is also an advantage if this investor typically take the long view and does not expect next quarter profits. As an individual investor, finding a company that has this type of investor waiting is a good way to profit as those with the big cash usually have a solid idea of what will likely happen. General Moly, Inc., a molybdenum (moly) exploration, extraction and development company, works to find and extract molybdenum ore…

FridayMar 05, 2010 11:39 am

China Armco Metals, Inc. (CNAM) Enters into Scrap Steel Supply Contract with Chinese Steel Producer

China Armco Metals Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals in China. It also is a metal recycler in China. The company maintains customers throughout China which include the fastest growing steel producing mills and foundries in the country. The company recently announced that Armet Renewable Resource Company Ltd., its wholly-owned subsidiary, has signed a contract to supply a major Chinese steel producer with up to 230,000 tons of scrap steel in 2010. The contract calls for the delivery of up to 23,000 metric tons of scrap steel per month for 10 months…

FridayMar 05, 2010 10:20 am

China Yongxin Pharmaceuticals, Inc. (CYXN.OB) Announces Four New Independent Directors

China Yongxin Pharmaceuticals Inc. is a manufacturer, retailer and distributor of pharmaceutical preparations, traditional Chinese medicines, natural health products and medical equipment in northeastern China. The company is one of the fastest growing drug retailers in China. The company recently announced four people were appointed to its board of directors as independent directors. The four new members are: Mr. Hal Lieberman, Ms. Laura Philips, Mr. Bing Li and Mr. Jingang Wang. Mr. Lieberman has served as the president and CEO of Hemo Therapeutics, a health services company since 2006. From 1998 to 2006, Mr. Lieberman served as a consultant and…

FridayMar 05, 2010 10:18 am

DirectView Holdings, Inc. (DIRV.OB) to Begin Trading on OTCBB

DirectView Holdings, Inc. may be one of the best young companies you’ve never heard of. Founded in 1995, DirectView Holdings has made a name for themselves as a strong company that analyzes specific requirements and provides expert advice on the precise technology needed for videoconferencing applications. Today, DirectView Holdings took a major step towards enhancing their future with the announcement they have received listing approval to commence trading. Leading the team at DirectView Holdings is Roger Ralston who serves as the company CEO. Ralston is a renowned name in his industry and this new listing is due in large-part to…

FridayMar 05, 2010 10:15 am

eCrypt Technologies, Inc. (ECRY.OB) Becomes Premium Member of The Orange Partner Programme

Yesterday, eCrypt Technologies announced that the Orange Partner Programme has accepted the company as Premium Member. The Orange Group, a subsidiary of France-Telecom, the fifth largest mobile service provider in the world, has a customer base of over 192 million subscribers across 32 countries. The Group has a strong focus on innovation, and aims to establish itself as a benchmark for new telecommunications services in Europe. Earlier this week the European Commission approved the proposed merger of Orange UK and T-Mobile UK. The merged company boasts a 37% share of the UK market. eCrypt President and CEO, Brad Lever, commented,…

FridayMar 05, 2010 10:14 am

Bonanza Oil and Gas, Inc. (BGOI.OB) Announces Recent 50 Percent Increase in Production of the Jackson Well in Borden County, Texas

Bonanza Oil and Gas, Inc., an independent oil and gas company that holds assets ranging from current producing properties to developing working interests in Proven Undeveloped CPUDS properties, recently announced that the production level of the Jackson Well has increased by approximately 50 percent after performing re-fracturing stimulation of the well. The Jackson well is located in the Apclark Field, Borden County, Texas, just east of the Jo Mill Field that has produced over 54 million barrels of oil. Bonanza Oil and Gas is currently evaluating other asset properties that may be purchased and/or merged into the company. To date,…

FridayMar 05, 2010 8:27 am

WikiLoan, Inc. (WKLI.OB) Values the Unbanked

WikiLoan, Inc. is a financial social network focused on serving the unbanked and underbanked consumer market, which exceeds 28 million in the US. It is anticipated that the company’s "Wiki" branded cards will be launched into the marketplace by April 1 and may ultimately reach more than 20,000 distribution points. Up to 5 million "Wiki" cards will be sold possibly resulting in tens of millions of consumers being exposed to the "Wiki" brand through various advertising collateral. "What's so special about this deal is that the distribution points are primarily located within immigrant communities and run by local merchants. Often…

ThursdayMar 04, 2010 3:25 pm

Tombstone Technologies, Inc. (TMCI.OB) is “One to Watch”

Tombstone Technologies, Inc. is a software development company focused on delivering Web-to-Print solutions to the print industry. The Company's graphic design tools are leading the emerging market for automated custom image applications. Formed in 2005, the Company trades on the OTC Bulletin Board. They have their corporate headquarters in Longmont, Colorado. Tombstone Technologies, Inc. designed their first product, OIEPrint™ (patent pending), for use by anyone with the capability to take high-resolution digital designs and put them to work. OIEPrint™ is a customizable, template driven Web-to-Print design tool. It allows non-professionals to get professional results without investing time in overcoming a…

ThursdayMar 04, 2010 2:52 pm

IBERIABANK Corp. (IBKC) Prices Common Stock Offering

IBERIABANK Corporation priced an offering of 5.2 million shares of its common stock at $57.75 per share, raising gross proceeds of $300 million. The bank said that after offering expenses and commissions, the net proceeds would be approximately $286 million. IBERIABANK Corporation said that it would use the proceeds for general corporate purposes including possible acquisitions. The bank has purchased several failed banks during the past 12 months, including Orion Bank of Naples, Florida, CapitalSouth Bank of Birmingham, Alabama, and Century Bank FSB of Sarasota, Florida.IBERIABANK Corporation usually enters a loss sharing agreement with the Federal Deposit Insurance Corporation (FDIC)…

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