Wind Stock News: Clean Wind Energy Tower, Inc. (OTCBB:CWET) Selects First Site in United States to Build Green Renewable Energy Downdraft Tower
ANNAPOLIS, Md. - March 22, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (OTCBB:CWET) (the "Company") announced today that the Company selected a site located in San Luis, Arizona, to pursue the construction of their innovative green renewable energy Downdraft Tower Facility. The Downdraft Tower has the capability of being operated with virtually no carbon footprint, fuel consumption, or residual waste. This technology will generate clean, cost effective and efficient electrical power without the damaging effects caused by using fossil or nuclear fuels, and other conventional power sources.
The San Luis location incorporates plans for two (2) Downdraft Towers and a component parts Assembly Plant. As designed, the Company anticipates that each Downdraft Tower could generate enough electricity to power up to 1,600,000 homes using the guidelines set forth in the California Statewide Residential Appliance Saturation Study, 2004. As an independent power producer of clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
Ronald W. Pickett, President and Chief Executive Officer, stated, "San Luis is an ideal location for Clean Wind Energy to build our first alternative energy facility because this region of the southwest United States provides the proper weather profiles, proximity to the power grid, and other ingredients beneficial to the operation of a Downdraft Tower, and has been previously targeted as a prime region for alternative energy projects. I am enthusiastic about locating our Downdraft Tower in the United States because not only is this a breakthrough source of clean alternative energy, it will bring significant employment opportunities and economic stimulus to San Luis and a number of U.S. industries. We anticipate that during the Downdraft Tower's construction phase, 2,500 construction and transportation jobs and 1,000 manufacturing jobs will be created. Once placed in service, each Tower should generate 1,000 permanent jobs."
In early February 2012, Clean Wind Energy Tower, Inc. applied to the United States Department of the Interior for permission to lease a parcel of property located in San Luis, Arizona, suitable for the development and construction of our first Downdraft Tower. The Company also applied to the Bureau of Reclamation for a temporary use permit to enable access to the site to evaluate a variety of issues including zoning, performing a preliminary geological survey and a general site evaluation along with other environmental assessments.
After notification by the Bureau of Reclamation that Clean Wind Energy Inc. could proceed with the local zoning process and site evaluations, the Company applied to the City of San Luis, Planning and Zoning Commission for entitlement to build two (2) Downdraft Towers and a component parts Assembly Plant.
In furtherance of this process, a City of San Luis, Public Information Hearing has been scheduled for March 29th, 2012, and the City of San Luis, Planning and Zoning Commission has scheduled a hearing for April 10, 2012.
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
Our Company's core objective and focus is to become a provider of clean, efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
Abundant, Clean, Affordable Energy
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company's core objective and focus is to become a provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind Energy, Inc. has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis, MD, and is traded on the OTCBB under the symbol 'CWET'. For more information visit www.cleanwindenergytower.com.
Company Contact:
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
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Disclaimer/ Disclosure: The following news is part of the Clean Wind Energy Tower, Inc. (OTCBB: CWET) publishing program with Investorideas.com. Clean Wind Energy, Inc. compensates investorideas.com (one thousand per month to publish news and updates on the company on Investorideas.com newswire and blogs . Investorideas.com owns 150,000 shares of 144 stock .Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
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Thursday, March 22, 2012
Wednesday, March 21, 2012
Tuesday's OTC Penny Stock Top Percentage Gainers; (OTC: BMTL), (OTC: ASYI), (OTC: SDSS) (OTC: EVCA)
New York, NY - March 21, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 20th.
BioMedical Technology Solutns Hldgs Inc. (OTC: BMTL) was the top gainer adding 0.0430 (165.38%) to close at $0.0690 without any official news on volume of over 3.31 million shares - 17X its average volume. Biomedical Technology Solutions Holdings, Inc. is a holding company that operates through its principal subsidiary, Biomedical Technology Solutions, Inc..
AISYSTEMS, Inc. (OTC:ASYI) continued to move higher and added another 0.0063 (131.25%) to close at $0.0111 after moving 300% in the previous trading session. More than 108.2 million shares traded hands, well above its average volume of 7.75 million shares.
SUSPECT DETECTION SYS INC (OTC:SDSS) shares more than doubled and gained 0.0120 (109.09%) to close at $0.0230 on over 22K shares .Suspect Detection Systems Inc. is a proprietor of counter terror and crime prevention technology developed by its subsidiary Suspect Detection Systems Ltd.
Evcarco Inc (OTC:EVCA) gained 0.0001 (100.00%) to close at $0.0002 on over 33.94 million shares - 1.2X its average volume. EVCARCO, Inc. is a development-stage company engaged in selling environmentally conscious automobiles, offering both new electric and pre-owned vehicles, and plan to offer related financing, warranties.
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New York, NY - March 21, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 20th.
BioMedical Technology Solutns Hldgs Inc. (OTC: BMTL) was the top gainer adding 0.0430 (165.38%) to close at $0.0690 without any official news on volume of over 3.31 million shares - 17X its average volume. Biomedical Technology Solutions Holdings, Inc. is a holding company that operates through its principal subsidiary, Biomedical Technology Solutions, Inc..
AISYSTEMS, Inc. (OTC:ASYI) continued to move higher and added another 0.0063 (131.25%) to close at $0.0111 after moving 300% in the previous trading session. More than 108.2 million shares traded hands, well above its average volume of 7.75 million shares.
SUSPECT DETECTION SYS INC (OTC:SDSS) shares more than doubled and gained 0.0120 (109.09%) to close at $0.0230 on over 22K shares .Suspect Detection Systems Inc. is a proprietor of counter terror and crime prevention technology developed by its subsidiary Suspect Detection Systems Ltd.
Evcarco Inc (OTC:EVCA) gained 0.0001 (100.00%) to close at $0.0002 on over 33.94 million shares - 1.2X its average volume. EVCARCO, Inc. is a development-stage company engaged in selling environmentally conscious automobiles, offering both new electric and pre-owned vehicles, and plan to offer related financing, warranties.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday's NASDAQ Winners: GMAN, AMRN, DRWI, HOLI
New York, NY - March 21, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday March 20th. The Nasdaq Composite ended lower by 4.17 points or 0.14% at 3,074.15 on concerns about China’s growth.
Gordmans Stores, Inc. (NASDAQ: GMAN) shares soared 29% to close at $19.44 after it reported better than estimated fourth results and projected a solid first quarter outlook. The company earned $10.2 million, or 53 cents a share on revenue of $185.1 million, topping its own estimates of 48 cents to 52 cents on revenue of $185 million to $187 million.
For the current quarter, The Company projects to earn 40 - 41 cents a share on net revenue of $132 million to $133 million, ahead of analysts' estimates of 40 cents on revenue of $129 million, respectively.
Amarin Corporation plc (ADR) (NASDAQ: AMRN) gained over 12% to $11.94 in the last trading session after the company announced that the United States Patent and Trademark Office (USPTO) has published notification of a Notice of Allowance for U.S. Patent Application Serial Number 12/052,598 titled "Highly Purified Ethyl EPA and Other EPA Derivatives," also known as the EPA with no DHA in a capsule application.
DragonWave, Inc. ( USA) (NASDAQ:DRWI) shares rose 11.25% to end the session at $4.45. On March 14, 2012, the company announced today that it has determined the earn-out payment due in connection with its acquisition of Axerra Networks. The acquisition was completed in October, 2010. The earn out phase of the acquisition was completed on February 13, 2012 and based on sales performance, the earn-out amount is $1.88 Million, raising the value of the transaction to $11.4 Million.
Hollysys Automation Technologies Ltd (NASDAQ: HOLI) jumped 12.91% to close at $10.58 after it announced that it had successfully won contracts to design, supply and implement the High-Speed Rail Signaling Systems for the MTR Corporation valued at approximately HK $489.9 million, or US $63.15 million. These contracts are primarily to implement the Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL).
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New York, NY - March 21, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday March 20th. The Nasdaq Composite ended lower by 4.17 points or 0.14% at 3,074.15 on concerns about China’s growth.
Gordmans Stores, Inc. (NASDAQ: GMAN) shares soared 29% to close at $19.44 after it reported better than estimated fourth results and projected a solid first quarter outlook. The company earned $10.2 million, or 53 cents a share on revenue of $185.1 million, topping its own estimates of 48 cents to 52 cents on revenue of $185 million to $187 million.
For the current quarter, The Company projects to earn 40 - 41 cents a share on net revenue of $132 million to $133 million, ahead of analysts' estimates of 40 cents on revenue of $129 million, respectively.
Amarin Corporation plc (ADR) (NASDAQ: AMRN) gained over 12% to $11.94 in the last trading session after the company announced that the United States Patent and Trademark Office (USPTO) has published notification of a Notice of Allowance for U.S. Patent Application Serial Number 12/052,598 titled "Highly Purified Ethyl EPA and Other EPA Derivatives," also known as the EPA with no DHA in a capsule application.
DragonWave, Inc. ( USA) (NASDAQ:DRWI) shares rose 11.25% to end the session at $4.45. On March 14, 2012, the company announced today that it has determined the earn-out payment due in connection with its acquisition of Axerra Networks. The acquisition was completed in October, 2010. The earn out phase of the acquisition was completed on February 13, 2012 and based on sales performance, the earn-out amount is $1.88 Million, raising the value of the transaction to $11.4 Million.
Hollysys Automation Technologies Ltd (NASDAQ: HOLI) jumped 12.91% to close at $10.58 after it announced that it had successfully won contracts to design, supply and implement the High-Speed Rail Signaling Systems for the MTR Corporation valued at approximately HK $489.9 million, or US $63.15 million. These contracts are primarily to implement the Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL).
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Silver Stocks News Alert: SilverCrest (TSX.V:SVL) Reports 58m @ 164.7 gpt Ag Eq at La Joya
VANCOUVER, BC - March 21, 2012 (Investorideas.com Mining stocks newswire) Silver Investor News Alert: SilverCrest Mines Inc. (TSX-V: SVL OTCQX: STVZF) announce the results of the first six holes of 18 Phase II core holes (approx. 8,000 metres) completed to date at its La Joya Property in Durango, Mexico. Phase II contemplates a total of 80 holes (approx. 15,000 metres) and drilling to date has extended the Main Mineralized Trend (“Trend”) an additional 500 meters to the northwest from the current resource area (see attached figures). http://media3.marketwire.com/ docs/svl320_F1-2.pdf
The width of the Trend averages approximately 500 metres; narrowing to the northwest (approx. 300 metres) and widening to the southeast (approx. 800 metres) and has been traced along strike with drilling and surface sampling for approximately 2,500 metres. Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
Also Watch the BNN Interview with Scott Drever for more info
http://vod.bnn.ca/Video/632809
J. Scott Drever, President stated: "In January we announced an initial Inferred Resource on a portion of the Trend of 57.9 million tonnes grading 28 gpt Ag, 0.18 gpt au and 0.21% Cu and containing 101.9 million ounces Ag Equivalent*. A portion of the Phase II drilling is intended to explore the possible expansion of this resource estimate to the northwest as well as the southeast along the Trend and infill some of the wider spaced drill holes within the resource area. The remainder of the program will test three targets adjacent to the Trend which have been shown by historical drilling and sampling to host significant Ag, Cu, Au, W, and Mo mineralization".
The first 6 holes in Phase II and re-sampling (full) of one historic hole LB96-04R, have partially tested the northwestern extension of the Trend. Silver values range from 6.5 gpt to 153.5 gpt and on a silver equivalent* basis values range from 16.9 gpt to 354.0 gpt. True thicknesses and actual depth of mineralization from surface can be approximated from the attached cross section. Holes LJ DD11-28, 31 and 32 are considered outside the current defined Trend and not presented on Section A � A'. The most significant assay results are shown in the following table and have a weighted average grade of 75.9 gpt Ag Eq* and an average thickness of 22.7 metres.
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* Silver equivalency includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
All sample analyses were completed by Inspectorate Exploration & Mining Services Ltd. in Durango, Mexico and Richmond, BC or ALS Chemex in Zacatecas and North Vancouver.
The underlying intrusive is exposed at the surface on the southern end of the Trend and from the recent drilling, appears to be increasing in depth at the northern end of the Trend. The best reported intercept in this series is from a verified historical drill hole (LB96-04R) and is thought to represent an extension of mineralized mantos that are drill-defined to the southeast. The Company has been given access to over 8,000 metres of historic core for validation including hole LB96-04. A portion of LB96-04 was previously independently validated and is presented in the "Resource Estimate for the La Joya Property, Durango, Mexico, NI 43-101 Technical Report" date February 20, 2012.
Core samples for holes L J DD12-33 to 42 are currently in the laboratory and assays will be reported upon receipt and compilation. Also, further assay results from splitting and sampling of historic core are being received and compiled. Several holes contain anomalous molybdenum (Mo) and tungsten (W) values over significant widths in skarn.
The Phase II 80 hole drill program is expected to test approximately 2.5 kilometres of the Trend that includes at least the 8 near-vertical structures/stockwork zones, 14 near-horizontally stacked mantos and a Contact Zone with the underlying intrusive. Based on the encouraging results to date, additional drills are being mobilized to accelerate this Phase II exploration program. Drilling on the southern extension of the Trend has started. Based on Company surface mapping, sampling and historic drill hole results, this area is thought to be potentially the highest grade area along the Trend.
The La Joya Deposit currently has an estimated resource of:
Investorideas.com Newswire
* Silver equivalency includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
**Classified by EBA, A Tetra Tech Company and conforms to NI 43-101, 43-101CP, and CIM definitions for resources. All numbers are rounded. Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than Measured and Indicated Resources.
*** Mineralization boundaries used in the interpretation of the geological model and resource estimates are based on cutoff grades of 15 gpt Ag Eq and 30 gpt Ag Eq using the metal price ratios described above.
Please refer to the January 4, 2012 news release for further details of the Inferred Resource estimate and to the La Joya NI 43-101 Technical Report filed on www.Sedar.com
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (TSX-V: SVL; OTCQX: STVZF) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, M�xico. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
"J. Scott Drever"
J. Scott Drever, President
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
Published at the Investorideas.com Mining Newswire
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Silvercrest Mines has compensated Investorideas.com for the dissemination and publishing of this news through Investorideas.com site, blogs and syndicated partners, email IR partners ;six thousand .
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com
VANCOUVER, BC - March 21, 2012 (Investorideas.com Mining stocks newswire) Silver Investor News Alert: SilverCrest Mines Inc. (TSX-V: SVL OTCQX: STVZF) announce the results of the first six holes of 18 Phase II core holes (approx. 8,000 metres) completed to date at its La Joya Property in Durango, Mexico. Phase II contemplates a total of 80 holes (approx. 15,000 metres) and drilling to date has extended the Main Mineralized Trend (“Trend”) an additional 500 meters to the northwest from the current resource area (see attached figures). http://media3.marketwire.com/ docs/svl320_F1-2.pdf
The width of the Trend averages approximately 500 metres; narrowing to the northwest (approx. 300 metres) and widening to the southeast (approx. 800 metres) and has been traced along strike with drilling and surface sampling for approximately 2,500 metres. Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
Also Watch the BNN Interview with Scott Drever for more info
http://vod.bnn.ca/Video/632809
J. Scott Drever, President stated: "In January we announced an initial Inferred Resource on a portion of the Trend of 57.9 million tonnes grading 28 gpt Ag, 0.18 gpt au and 0.21% Cu and containing 101.9 million ounces Ag Equivalent*. A portion of the Phase II drilling is intended to explore the possible expansion of this resource estimate to the northwest as well as the southeast along the Trend and infill some of the wider spaced drill holes within the resource area. The remainder of the program will test three targets adjacent to the Trend which have been shown by historical drilling and sampling to host significant Ag, Cu, Au, W, and Mo mineralization".
The first 6 holes in Phase II and re-sampling (full) of one historic hole LB96-04R, have partially tested the northwestern extension of the Trend. Silver values range from 6.5 gpt to 153.5 gpt and on a silver equivalent* basis values range from 16.9 gpt to 354.0 gpt. True thicknesses and actual depth of mineralization from surface can be approximated from the attached cross section. Holes LJ DD11-28, 31 and 32 are considered outside the current defined Trend and not presented on Section A � A'. The most significant assay results are shown in the following table and have a weighted average grade of 75.9 gpt Ag Eq* and an average thickness of 22.7 metres.
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* Silver equivalency includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
All sample analyses were completed by Inspectorate Exploration & Mining Services Ltd. in Durango, Mexico and Richmond, BC or ALS Chemex in Zacatecas and North Vancouver.
The underlying intrusive is exposed at the surface on the southern end of the Trend and from the recent drilling, appears to be increasing in depth at the northern end of the Trend. The best reported intercept in this series is from a verified historical drill hole (LB96-04R) and is thought to represent an extension of mineralized mantos that are drill-defined to the southeast. The Company has been given access to over 8,000 metres of historic core for validation including hole LB96-04. A portion of LB96-04 was previously independently validated and is presented in the "Resource Estimate for the La Joya Property, Durango, Mexico, NI 43-101 Technical Report" date February 20, 2012.
Core samples for holes L J DD12-33 to 42 are currently in the laboratory and assays will be reported upon receipt and compilation. Also, further assay results from splitting and sampling of historic core are being received and compiled. Several holes contain anomalous molybdenum (Mo) and tungsten (W) values over significant widths in skarn.
The Phase II 80 hole drill program is expected to test approximately 2.5 kilometres of the Trend that includes at least the 8 near-vertical structures/stockwork zones, 14 near-horizontally stacked mantos and a Contact Zone with the underlying intrusive. Based on the encouraging results to date, additional drills are being mobilized to accelerate this Phase II exploration program. Drilling on the southern extension of the Trend has started. Based on Company surface mapping, sampling and historic drill hole results, this area is thought to be potentially the highest grade area along the Trend.
The La Joya Deposit currently has an estimated resource of:
Investorideas.com Newswire
* Silver equivalency includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
**Classified by EBA, A Tetra Tech Company and conforms to NI 43-101, 43-101CP, and CIM definitions for resources. All numbers are rounded. Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than Measured and Indicated Resources.
*** Mineralization boundaries used in the interpretation of the geological model and resource estimates are based on cutoff grades of 15 gpt Ag Eq and 30 gpt Ag Eq using the metal price ratios described above.
Please refer to the January 4, 2012 news release for further details of the Inferred Resource estimate and to the La Joya NI 43-101 Technical Report filed on www.Sedar.com
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (TSX-V: SVL; OTCQX: STVZF) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, M�xico. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
"J. Scott Drever"
J. Scott Drever, President
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
Published at the Investorideas.com Mining Newswire
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Silvercrest Mines has compensated Investorideas.com for the dissemination and publishing of this news through Investorideas.com site, blogs and syndicated partners, email IR partners ;six thousand .
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday, March 20, 2012
Monday's OTC Winners: (OTC: ASYI), (OTC: CLGL), (OTC: ALZM) (OTC: ASMC)
New York, NY - March 20, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 19th.
AISYSTEMS, Inc. (OTC: ASYI) gained 0.0036 (300.00%) to close $0.0048 on hefty volume of over 72.79 million shares - 14X its average volume. Recently, the company appointed Jeff Robinson as Chairman of the Board of Directors.
California Gold Corp(OTC:CLGL) gained 0.050 (100.00%) to close at $0.100 on over 2.96 million shares traded hands, compared to its average volume of 8.7K shares. The company announced it is scheduling an April 2012 start for an exploration drilling program at the Company's AuroTellurio Project, located in the La Bambolla gold-tellurium mining district near Moctezuma, Sonora, Mexico.
Allezoe Medical Holdings Inc (OTC: ALZM) added 0.0032 (25.00%) to close at $0.0160 on high volume of over 37.03 million shares. Last week, the company appointed Caroline Pinell as president and CEO of SureScreen Medical Inc., which is a wholly owned subsidiary of ALZM.
American Strategic Minerals Corp (OTC: ASMC) climbed 1.10 (95.65%) to its new 52-week high of $2.25 without any official news. American Strategic Minerals Corporation, formerly Verve Ventures Inc., is a development-stage company. Verve focuses to provide household and business waste removal and disposal services to corporate and individual clients in the United Kingdom.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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New York, NY - March 20, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 19th.
AISYSTEMS, Inc. (OTC: ASYI) gained 0.0036 (300.00%) to close $0.0048 on hefty volume of over 72.79 million shares - 14X its average volume. Recently, the company appointed Jeff Robinson as Chairman of the Board of Directors.
California Gold Corp(OTC:CLGL) gained 0.050 (100.00%) to close at $0.100 on over 2.96 million shares traded hands, compared to its average volume of 8.7K shares. The company announced it is scheduling an April 2012 start for an exploration drilling program at the Company's AuroTellurio Project, located in the La Bambolla gold-tellurium mining district near Moctezuma, Sonora, Mexico.
Allezoe Medical Holdings Inc (OTC: ALZM) added 0.0032 (25.00%) to close at $0.0160 on high volume of over 37.03 million shares. Last week, the company appointed Caroline Pinell as president and CEO of SureScreen Medical Inc., which is a wholly owned subsidiary of ALZM.
American Strategic Minerals Corp (OTC: ASMC) climbed 1.10 (95.65%) to its new 52-week high of $2.25 without any official news. American Strategic Minerals Corporation, formerly Verve Ventures Inc., is a development-stage company. Verve focuses to provide household and business waste removal and disposal services to corporate and individual clients in the United Kingdom.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Monday's NASDAQ Winners: RCON, AMPE, SAPX, AGEN
New York, NY - March 20, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday March 19th. The Nasdaq Composite ended higher by 23.06 points or 0.75% at 3,078.32.
Recon Technology, Ltd. (NASDAQ: RCON) closed at $2.25 after surging 168.27% in Monday's trading session after the company reported that one of its variable interest entities, Beijing BHD Petroleum Technology introduced the Baker Hughes Frac-PointTM System to China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan oilfield. The system helped Sinopec complete the fracturing of a dense sandstone horizontal well that required multistate fracturing.
Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) closed at $3.82 after gaining 42.54% in previous trading session after the company said that it has completed the planned interim review of the first 50% of patients enrolled in the Optina(TM) trial for diabetic macular edema. The trial explored the safety and efficacy of twice-daily oral doses of Optina (TM), to reduce macular edema as determined by OCT (optical coherence tomography).
Seven Arts Pictures PLC (NASDAQ: SAPX) closed at $0.219, climbing 21.67% in yesterday's trading session. The 52 week trading range for the company is $0.13 - $5.75. On March 06, 2012, Seven Arts announced that it has closed the acquisition of the music assets of David Michery. Mr. Michery is a music industry veteran with an extensive track record of accomplishments.
Agenus Inc (NASDAQ: AGEN) closed at $6.27 after gaining 19.43% . The 52 week trading range for the company is $1.92 - $6.72. On March 05, 2012, the company reported a fourth quarter net loss of $6.2 million, or $0.29 per share, as compared to $2.6 million, or $0.16 per share, in the same quarter last year. For the year ended December 31, 2011, the company incurred a net loss of $24.1 million, or $1.21 per share, as compared to $22.7 million, or $1.41 per share, for the comparable period last year.
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New York, NY - March 20, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday March 19th. The Nasdaq Composite ended higher by 23.06 points or 0.75% at 3,078.32.
Recon Technology, Ltd. (NASDAQ: RCON) closed at $2.25 after surging 168.27% in Monday's trading session after the company reported that one of its variable interest entities, Beijing BHD Petroleum Technology introduced the Baker Hughes Frac-PointTM System to China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan oilfield. The system helped Sinopec complete the fracturing of a dense sandstone horizontal well that required multistate fracturing.
Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) closed at $3.82 after gaining 42.54% in previous trading session after the company said that it has completed the planned interim review of the first 50% of patients enrolled in the Optina(TM) trial for diabetic macular edema. The trial explored the safety and efficacy of twice-daily oral doses of Optina (TM), to reduce macular edema as determined by OCT (optical coherence tomography).
Seven Arts Pictures PLC (NASDAQ: SAPX) closed at $0.219, climbing 21.67% in yesterday's trading session. The 52 week trading range for the company is $0.13 - $5.75. On March 06, 2012, Seven Arts announced that it has closed the acquisition of the music assets of David Michery. Mr. Michery is a music industry veteran with an extensive track record of accomplishments.
Agenus Inc (NASDAQ: AGEN) closed at $6.27 after gaining 19.43% . The 52 week trading range for the company is $1.92 - $6.72. On March 05, 2012, the company reported a fourth quarter net loss of $6.2 million, or $0.29 per share, as compared to $2.6 million, or $0.16 per share, in the same quarter last year. For the year ended December 31, 2011, the company incurred a net loss of $24.1 million, or $1.21 per share, as compared to $22.7 million, or $1.41 per share, for the comparable period last year.
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Medical Technology Stock Alert; PositiveID Corporation (OTCBB:PSID) Awarded U.S. Patent No. 8,133,451 for First-of-Its-Kind Detection System for Molecular Biological Diagnostics
DELRAY BEACH, Fla. - March 20, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America's homeland defense industry, announced today that it was awarded U.S. Patent No. 8,133,451 for its Dragonfly(TM) Rapid MDx Cartridge-based diagnostic system, which provides the ability to deliver molecular diagnostic results from a sample in less than 30 minutes. Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems.
Dragonfly has been proven effective for a broad range of biological detection including radiation-induced cell damage within the human body, strains of influenza and other common pathogens and diseases such as E. coli, methicillin-resistant staphylococcus aureus (MRSA) and human papilloma virus (HPV). Dragonfly offers the precision of molecular diagnostics in an easy-to-use cartridge format that minimizes the possibility of human error. Typical current molecular diagnostic testing can take hours or even days, requires highly trained personnel and includes multiple handling steps.
William J. Caragol, Chairman and CEO of PositiveID, stated, "With Dragonfly, we have the ability to revolutionize the way healthcare is administered by enabling accurate diagnosis within minutes at the point of care, and before the patient leaves the physician's office. This allows healthcare professionals to prescribe the appropriate treatments immediately, helping to minimize the overuse of antibiotics, and enables rapid treatment and potential monitoring and quarantine measures for serious outbreaks such as certain forms of influenza."
The target markets for Dragonfly range from physicians' offices to urgent care and emergency departments that desire rapid test results and accurate diagnosis while the patient is present, and extend to military field deployments, border locations and others.
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation is an emerging growth developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense industry. Its wholly-owned subsidiary, Microfluidic Systems, or MFS, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
DELRAY BEACH, Fla. - March 20, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America's homeland defense industry, announced today that it was awarded U.S. Patent No. 8,133,451 for its Dragonfly(TM) Rapid MDx Cartridge-based diagnostic system, which provides the ability to deliver molecular diagnostic results from a sample in less than 30 minutes. Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems.
Dragonfly has been proven effective for a broad range of biological detection including radiation-induced cell damage within the human body, strains of influenza and other common pathogens and diseases such as E. coli, methicillin-resistant staphylococcus aureus (MRSA) and human papilloma virus (HPV). Dragonfly offers the precision of molecular diagnostics in an easy-to-use cartridge format that minimizes the possibility of human error. Typical current molecular diagnostic testing can take hours or even days, requires highly trained personnel and includes multiple handling steps.
William J. Caragol, Chairman and CEO of PositiveID, stated, "With Dragonfly, we have the ability to revolutionize the way healthcare is administered by enabling accurate diagnosis within minutes at the point of care, and before the patient leaves the physician's office. This allows healthcare professionals to prescribe the appropriate treatments immediately, helping to minimize the overuse of antibiotics, and enables rapid treatment and potential monitoring and quarantine measures for serious outbreaks such as certain forms of influenza."
The target markets for Dragonfly range from physicians' offices to urgent care and emergency departments that desire rapid test results and accurate diagnosis while the patient is present, and extend to military field deployments, border locations and others.
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation is an emerging growth developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense industry. Its wholly-owned subsidiary, Microfluidic Systems, or MFS, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Monday, March 19, 2012
Solar Stocks Update: Sunlogics Power, Subsidiary of (OTCQB:SLMU) Reports Deal with DayStar Technologies (NASDAQ:DSTI)
LAS VEGAS, NV - March 19, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) reports that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (NASDAQ:DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 19, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) reports that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (NASDAQ:DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Friday's Penny Stocks OTC Winners: (OTC: NEOM) (OTC: CHMD), (OTC: AFPW), (OTC: MSLP)
New York, NY - March 19, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Friday March 16th.
NeoMedia Technologies, Inc. (OTC: NEOM) continued to move higher on Friday with a gain of 0.0347 (162.91%) to close at $0.0567, extending its weekly gain to over 435% on no official news. Volume was heavy with more than 287 million shares traded, compared to its 30-day average volume of 27.21 million shares. Recently, the company announced it had received a patent pertaining to the resolution of mobile barcodes from the United States Patent and Trademark Office (USPTO)
China Media Group Corporation (OTC: CHMD) shares jumped 0.0064 (128.00%) to close at $0.00114 on over 4.73 million shares – over 21X its average volume. China Media Group Corporation (CHMD) is engaged in selling advertising for digital kiosk signs in Hong Kong. Its activities are based in the People's Republic of China (PRC). The Company has two operating business units: Advertising and Telecommunication and Mobile.
AlumiFuel Power Corporation (OTC: AFPW) gained 0.0002 (22.22%) to close at $0.0011 on very unusual volume 53.48 million shares – 2.50X its average volume. AlumiFuel Power Corporation, formerly Inhibiton Therapeutics, Inc., is a holding company that operates primarily through its subsidiary AlumiFuel Power, Inc. (API).
Muscle Pharm Corporation.(OTC:MSLP) added 0.0022 (22.00%) to close at $0.0122 on over 29.44 million shares traded for the day, compared to its average volume of 12.27 million shares. MusclePharm Corporation (MusclePharm) is engaged in the business of providing personal fitness training using isometric techniques (Tone in Twenty).
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411
New York, NY - March 19, 2012 (Invetorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Friday March 16th.
NeoMedia Technologies, Inc. (OTC: NEOM) continued to move higher on Friday with a gain of 0.0347 (162.91%) to close at $0.0567, extending its weekly gain to over 435% on no official news. Volume was heavy with more than 287 million shares traded, compared to its 30-day average volume of 27.21 million shares. Recently, the company announced it had received a patent pertaining to the resolution of mobile barcodes from the United States Patent and Trademark Office (USPTO)
China Media Group Corporation (OTC: CHMD) shares jumped 0.0064 (128.00%) to close at $0.00114 on over 4.73 million shares – over 21X its average volume. China Media Group Corporation (CHMD) is engaged in selling advertising for digital kiosk signs in Hong Kong. Its activities are based in the People's Republic of China (PRC). The Company has two operating business units: Advertising and Telecommunication and Mobile.
AlumiFuel Power Corporation (OTC: AFPW) gained 0.0002 (22.22%) to close at $0.0011 on very unusual volume 53.48 million shares – 2.50X its average volume. AlumiFuel Power Corporation, formerly Inhibiton Therapeutics, Inc., is a holding company that operates primarily through its subsidiary AlumiFuel Power, Inc. (API).
Muscle Pharm Corporation.(OTC:MSLP) added 0.0022 (22.00%) to close at $0.0122 on over 29.44 million shares traded for the day, compared to its average volume of 12.27 million shares. MusclePharm Corporation (MusclePharm) is engaged in the business of providing personal fitness training using isometric techniques (Tone in Twenty).
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411
Friday's NASDAQ Winners: COGO, PWRD, JAX, AMRN
New York, NY - March 19, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 16th. The Nasdaq Composite ended slightly lower and fell 1.11 (0.04%) at 3,055.26.
Cogo Group, Inc. (NASDAQ:COGO) was the biggest gainer on NASDAQ and surged $1.16 (59.79%) to close at $3.10 after the company's founder, CEO and Chairman proposed to buy 30% of its assets valued at between $60 million and $82 million through his personal investment venture, Envision Global Group. The company also reported fourth quarter non-GAAP EPS of $0.13, down from $0.24 in the previous year.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) climbed$3.46 (27.57%) to close at $16.01 after the company reported better-than-estimated fourth-quarter earnings.
J. Alexander's Corporation(NASDAQ:JAX) shares added 1.68 (24.35%) to close at $8.58 after the company said that it earned 6 cents a share in its fourth quarter, compared to 8 cents a share a year ago. For the current quarter, the company projects to earn 34-39 cents a share.
Amarin Corporation plc (ADR)(NASDAQ:AMRN) continued to move on Friday and gained 18.07%, extending its weekly gain to over 43%.Analyst at Canaccord Genuity maintained its buy rating on the stock with a price target of $25. Last week, the US Patent and Trademark Office updated the transaction history for the company's application on 12/052,598 from "Examiner Initiated" on Tuesday to "Examiner's Amendment Communication" this morning.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - March 19, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 16th. The Nasdaq Composite ended slightly lower and fell 1.11 (0.04%) at 3,055.26.
Cogo Group, Inc. (NASDAQ:COGO) was the biggest gainer on NASDAQ and surged $1.16 (59.79%) to close at $3.10 after the company's founder, CEO and Chairman proposed to buy 30% of its assets valued at between $60 million and $82 million through his personal investment venture, Envision Global Group. The company also reported fourth quarter non-GAAP EPS of $0.13, down from $0.24 in the previous year.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) climbed$3.46 (27.57%) to close at $16.01 after the company reported better-than-estimated fourth-quarter earnings.
J. Alexander's Corporation(NASDAQ:JAX) shares added 1.68 (24.35%) to close at $8.58 after the company said that it earned 6 cents a share in its fourth quarter, compared to 8 cents a share a year ago. For the current quarter, the company projects to earn 34-39 cents a share.
Amarin Corporation plc (ADR)(NASDAQ:AMRN) continued to move on Friday and gained 18.07%, extending its weekly gain to over 43%.Analyst at Canaccord Genuity maintained its buy rating on the stock with a price target of $25. Last week, the US Patent and Trademark Office updated the transaction history for the company's application on 12/052,598 from "Examiner Initiated" on Tuesday to "Examiner's Amendment Communication" this morning.
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800-665-0411 - Source - www.Investorideas.com
Friday, March 16, 2012
Solar News: Sunlogics Power (OTCQB:SLMU) Becomes Senior Creditor of DayStar Technologies, Inc. (NASDAQ:DSTI)
LAS VEGAS, NV - March 16, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 16, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
China Stock Alert: Cogo Group (Nasdaq: COGO) Soars on Record Revenue
New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.
Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012
Investorideas.com Newswire
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV").
www.cogo.com.cn.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.
Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012
Investorideas.com Newswire
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV").
www.cogo.com.cn.
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Thursday's Penny Stocks OTC Winners: (OTC: IDVC) (OTC: SKGP), (OTC: NEOM), (OTC: NNAN)
New York, NY - March 16, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 15th.
Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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800-665-0411 - cvanzant@investorideas.com
New York, NY - March 16, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 15th.
Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday’s NASDAQ Winners: MEMS, PATH, PWAV, AIXG
New York NY, March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 15th. The Nasdaq Composite ended higher for the seventh straight session gaining 15.64 (0.51%) at 3,056.37.
MEMSIC, INC. (NASDAQ:MEMS) was the biggest gainer on NASDAQ and surged 1.17 (30.95%) to multi-year high of $4.95 on high volume. The stock has gained over 57% ever since it reported its fourth quarter results on Feb 29, 2012. The company reported a loss of $3.3 million, or 14 cents a share on revenue of $21.5 million, compared to a year ago loss of $1.1 million, or 5 cents a share on revenue of $11.4 million.
NuPathe Inc(NASDAQ:PATH) rallied for the second straight session on Thursday and added another 0.84 (21.16%) to close at $4.81 after rising over 21% in the prior trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
Powerwave Technologies, Inc. (NASDAQ:PWAV) shares gained 0.33 (19.08%) to close at $2.06 on a technical breakout above the 200-day SMA and have been showing high volatility throughout the week. On Monday, the stock climbed over 42%, followed by a 14% correction in the next two trading sessions. Yesterday’s volume was over 2.45 million, over 2X its 30-day average volume.
AIXTRON SE (ADR) (NASDAQ:AIXG) shares increased by 2.80 (17.13%) to close at $19.15 after the analyst at Deutsche Bank upgraded their investment rating on the stock to buy from hold. Shares of AIXTRON have rallied over 50% so far this year.
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New York NY, March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 15th. The Nasdaq Composite ended higher for the seventh straight session gaining 15.64 (0.51%) at 3,056.37.
MEMSIC, INC. (NASDAQ:MEMS) was the biggest gainer on NASDAQ and surged 1.17 (30.95%) to multi-year high of $4.95 on high volume. The stock has gained over 57% ever since it reported its fourth quarter results on Feb 29, 2012. The company reported a loss of $3.3 million, or 14 cents a share on revenue of $21.5 million, compared to a year ago loss of $1.1 million, or 5 cents a share on revenue of $11.4 million.
NuPathe Inc(NASDAQ:PATH) rallied for the second straight session on Thursday and added another 0.84 (21.16%) to close at $4.81 after rising over 21% in the prior trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
Powerwave Technologies, Inc. (NASDAQ:PWAV) shares gained 0.33 (19.08%) to close at $2.06 on a technical breakout above the 200-day SMA and have been showing high volatility throughout the week. On Monday, the stock climbed over 42%, followed by a 14% correction in the next two trading sessions. Yesterday’s volume was over 2.45 million, over 2X its 30-day average volume.
AIXTRON SE (ADR) (NASDAQ:AIXG) shares increased by 2.80 (17.13%) to close at $19.15 after the analyst at Deutsche Bank upgraded their investment rating on the stock to buy from hold. Shares of AIXTRON have rallied over 50% so far this year.
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Thursday, March 15, 2012
Solar News: Salamon Group (OTCQB:SLMU) Reports MOU With Sunlogics PLC (18L1.F; 18L1.DE)
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) announced March 6th that it signed a Memorandum of Understanding (MOU) with the Sunlogics PLC (18L1.F; 18L1.DE) shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) announced March 6th that it signed a Memorandum of Understanding (MOU) with the Sunlogics PLC (18L1.F; 18L1.DE) shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Wednesday's NASDAQ Winners: GLBS, PATH, SCLN, NGSX
New York, NY - March 15, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 14th. The Nasdaq Composite ended higher by 0.85 (0.03%) at 3,040.73, marking its sixth consecutive gain.
Globus Maritime Ltd. (NASDAQ: GLBS) was the top performing stock on the NASDAQ and soared 2.17 (58.33%) to $5.89 after the company reported better than estimated fourth quarter loss. The company’s net loss during the quarter increased to $10.8 million or 30 cents a share, from a year ago quarter loss of $3.4 million. Revenue during the quarter came at $191K. Analysts were estimating a loss of 34 cents a share.
NuPathe Inc(NASDAQ:PATH) gained 0.70 (21.56%) to $3.97 in yesterday’s trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has the potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
SciClone Pharmaceuticals, Inc.(NASDAQ:SCLN) shares jumped $1.10 or 21% to $6.34 after hitting multi-year high of $6.97 as the company projected better than estimates earnings for FY2012. The company said that now it projects to earn 72-78 cents a share, well above the analysts’ estimates of 43 cents. For the fourth quarter, the company reported EPS of 20 cents, ahead of consensus by 11 cents.
NeurogesX, Inc(NASDAQ:NGSX) shares rebounded over 28% after hitting a new 52-week low earlier in the week. The stock closed at $0.618 on heavy volume of 1.10 million shares -2.50X its 30-day average volume. The rally was followed by bullish note from analyst at Wedbush, which upgraded the stock to Outperform from Neutral and set a price target of $2.
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New York, NY - March 15, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 14th. The Nasdaq Composite ended higher by 0.85 (0.03%) at 3,040.73, marking its sixth consecutive gain.
Globus Maritime Ltd. (NASDAQ: GLBS) was the top performing stock on the NASDAQ and soared 2.17 (58.33%) to $5.89 after the company reported better than estimated fourth quarter loss. The company’s net loss during the quarter increased to $10.8 million or 30 cents a share, from a year ago quarter loss of $3.4 million. Revenue during the quarter came at $191K. Analysts were estimating a loss of 34 cents a share.
NuPathe Inc(NASDAQ:PATH) gained 0.70 (21.56%) to $3.97 in yesterday’s trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has the potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
SciClone Pharmaceuticals, Inc.(NASDAQ:SCLN) shares jumped $1.10 or 21% to $6.34 after hitting multi-year high of $6.97 as the company projected better than estimates earnings for FY2012. The company said that now it projects to earn 72-78 cents a share, well above the analysts’ estimates of 43 cents. For the fourth quarter, the company reported EPS of 20 cents, ahead of consensus by 11 cents.
NeurogesX, Inc(NASDAQ:NGSX) shares rebounded over 28% after hitting a new 52-week low earlier in the week. The stock closed at $0.618 on heavy volume of 1.10 million shares -2.50X its 30-day average volume. The rally was followed by bullish note from analyst at Wedbush, which upgraded the stock to Outperform from Neutral and set a price target of $2.
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Wednesday's Penny Stocks OTC Winners: (OTC:MMBF), (OTC:SAVW), (OTC:FLTB) (OTC:MLES)
New York, NY - March 15, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 14.
Momentum Biofuels Inc. (OTC:MMBF) was the biggest gainer and soared 0.0090 (225.00%) to $0.0130 on low volume, rebounding from its recent fall. The company has a market capitalization of $1.21 with 93.22 million outstanding shares as per the latest filing with 51.15 floating shares.
SavWatt USA Inc. (OTC:SAVW) gained 0.0001 (100.00%) to close at $0.0002 on over 38.76 million shares, compared to its average volume of 132.08 million . Last week, the company provided its business update stating that it would start generating revenue in 2nd quarter 2012 and targeting over $10 million in revenues for 2012. The company further added that 1st quarter 2012 will end development stage classification.
Flatbush Federal Bancorp Inc. (OTC:FLTB) added 3.08 (101.99%) to close at $6.10 and made a new 52-week high of $6.40 after the company agreed to be acquired by Northfield Bancorp Inc in all stock deal worth $6.50 per share. Flatbush Federal Bancorp stockholders will receive 0.4748 shares of Northfield Bancorp common stock for each share of Flatbush Federal Bancorp common stock they hold.
The Mint Leasing, Inc. (OTC:MLES) climbed 0.060 (150.00%) to $0.100. Over the past three-months, the stock has jumped over 900% on increased volume. The Mint Leasing, Inc. is in the business of leasing automobiles and fleet vehicles throughout the United States. The company has collaborations with over 500 dealerships within 17 states.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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New York, NY - March 15, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 14.
Momentum Biofuels Inc. (OTC:MMBF) was the biggest gainer and soared 0.0090 (225.00%) to $0.0130 on low volume, rebounding from its recent fall. The company has a market capitalization of $1.21 with 93.22 million outstanding shares as per the latest filing with 51.15 floating shares.
SavWatt USA Inc. (OTC:SAVW) gained 0.0001 (100.00%) to close at $0.0002 on over 38.76 million shares, compared to its average volume of 132.08 million . Last week, the company provided its business update stating that it would start generating revenue in 2nd quarter 2012 and targeting over $10 million in revenues for 2012. The company further added that 1st quarter 2012 will end development stage classification.
Flatbush Federal Bancorp Inc. (OTC:FLTB) added 3.08 (101.99%) to close at $6.10 and made a new 52-week high of $6.40 after the company agreed to be acquired by Northfield Bancorp Inc in all stock deal worth $6.50 per share. Flatbush Federal Bancorp stockholders will receive 0.4748 shares of Northfield Bancorp common stock for each share of Flatbush Federal Bancorp common stock they hold.
The Mint Leasing, Inc. (OTC:MLES) climbed 0.060 (150.00%) to $0.100. Over the past three-months, the stock has jumped over 900% on increased volume. The Mint Leasing, Inc. is in the business of leasing automobiles and fleet vehicles throughout the United States. The company has collaborations with over 500 dealerships within 17 states.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Solar News: Salamon/Sunlogics Power Fund Enter (SLMU) Into Strategic Relationship With China Triumph International Engineering Co. (CTIEC), and Signs $20M Financing Agreement for Project Pipeline Execution
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") announces that it has entered into a strategic relationship with CTIEC (China Triumph International Engineering Co.) in the form of a $20M financing agreement.
Michael Matvieshen, CEO, stated, "We look forward to further expanding our relationship with CTIEC and its management. CTIEC's professional expertise in construction management and its ability to finance large projects greatly increases our reach to develop and manage projects worldwide." Mr. Matvieshen continued by saying, "I have had the opportunity to develop a relationship with CTIEC prior to and during my tenure at Sunlogics PLC and have seen how they bring strength to their partnerships. CTIEC is supplying a similar service to the GM projects (www.ctiec.net/news/en_news/2011/12/28/1325039398546.jsp) and I am very confident that CTIEC will be a valuable global partner for us on a moving forward basis. This is an extremely exciting step forward in Salamon's/Sunlogics Power Funds development."
About CTIEC
China Triumph International Engineering Company (CTIEC) is an internationalized enterprise guided by science and technology and oriented by market demand, which implements science & technology innovation and institutional innovation and is the engineering technical platform of China National Building Material (CNBM) Company Ltd (a listed company on the Hong Kong Stock Exchange 3323:HK). Since 2002, CTIEC has been in the list of Top 50 of National Engineering General Contracting and Project Management Enterprises, Top 100 of National Exploration and Design Enterprises, and Top 200 of Globe Engineering Design and Consulting Companies. In recent years, under CNBM's strategic planning of rapidly developing three new industries (new building materials, new housing and new energy materials), CTIEC gives full play to its demonstrating & leading role of green development in industry, makes use of its advantages of the national innovation platform, integrates & applies new energy technologies and equipments, continuously pushing forward with its general contracting business for projects, as well as vigorously implements the strategy of "Go abroad," and strives to build new core competitive advantages in engineering services.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit: www.sunlogicspowerfund.com
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") announces that it has entered into a strategic relationship with CTIEC (China Triumph International Engineering Co.) in the form of a $20M financing agreement.
Michael Matvieshen, CEO, stated, "We look forward to further expanding our relationship with CTIEC and its management. CTIEC's professional expertise in construction management and its ability to finance large projects greatly increases our reach to develop and manage projects worldwide." Mr. Matvieshen continued by saying, "I have had the opportunity to develop a relationship with CTIEC prior to and during my tenure at Sunlogics PLC and have seen how they bring strength to their partnerships. CTIEC is supplying a similar service to the GM projects (www.ctiec.net/news/en_news/2011/12/28/1325039398546.jsp) and I am very confident that CTIEC will be a valuable global partner for us on a moving forward basis. This is an extremely exciting step forward in Salamon's/Sunlogics Power Funds development."
About CTIEC
China Triumph International Engineering Company (CTIEC) is an internationalized enterprise guided by science and technology and oriented by market demand, which implements science & technology innovation and institutional innovation and is the engineering technical platform of China National Building Material (CNBM) Company Ltd (a listed company on the Hong Kong Stock Exchange 3323:HK). Since 2002, CTIEC has been in the list of Top 50 of National Engineering General Contracting and Project Management Enterprises, Top 100 of National Exploration and Design Enterprises, and Top 200 of Globe Engineering Design and Consulting Companies. In recent years, under CNBM's strategic planning of rapidly developing three new industries (new building materials, new housing and new energy materials), CTIEC gives full play to its demonstrating & leading role of green development in industry, makes use of its advantages of the national innovation platform, integrates & applies new energy technologies and equipments, continuously pushing forward with its general contracting business for projects, as well as vigorously implements the strategy of "Go abroad," and strives to build new core competitive advantages in engineering services.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit: www.sunlogicspowerfund.com
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Wednesday, March 14, 2012
Renewable Energy Stocks News: SALAMON GROUP (OTCQB:SLMU) Reports Appointment of Stephane Bertrand to Board of Directors
LAS VEGAS, NV - March 14, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB: SLMU.PK) announces that Mr. Stéphane Bertrand has been appointed as a member of the Company's Board of Directors.
Michael Matvieshen, CEO, states, "I welcome Mr. Bertrand to the Board Directors and management of the company, this is another step in developing Salamon Group into a world class solar company. Mr. Bertrand, with his broad base of expertise and relationships, both in government and private sectors, will be invaluable as we continue to build our company and add shareholder value."
Mr. Bertrand is President of SBCG and is Executive Director of the International Summit of Cooperatives and was Executive Director of the World Energy Congress - Montreal 2010.
Mr. Bertrand has carried out various mandates within the energy sector, specifically natural gas, wind power, and small hydroelectric power plants. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Quebec Government's policy). He is currently working for the mining and Aluminum industry Cycle Capital Management (venture capital), ENERKEM and le Mouvement Desjardins.
Mr. Bertrand previously served as Chief of Staff for the Premier of Québec. The position and the responsibilities that went with this job have no equivalent on the labour market.
Mr. Bertrand coordinated the government's activities for more than 4 years. He has been directly involved in formulating all the government's policies, communications, research, and crisis management strategies.
Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership, as a member of the company's Board of Directors. Mr. Bertrand acted also as Chair of the Standing committee on Public Affairs of the Canadian Gas Association during 5 years. He was also Director of Research and Communications, and subsequently Executive Director of the Quebec Liberal Party. Prior to this, he was Vice President, Planning and Development for the Société financière des Caisses populaires Desjardins. He was also Chief of Staff and Economist, responsible for Press Relations, in the office of the Deputy Minister of Finance and Privatization and the office of the Minister of Cultural Affairs of Québec.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the acquisition, construction and management of renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar energy project producing companies that are a strategic fit within the Company’s overall strategy.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit:www.sunlogicspowerfund.com
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 14, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB: SLMU.PK) announces that Mr. Stéphane Bertrand has been appointed as a member of the Company's Board of Directors.
Michael Matvieshen, CEO, states, "I welcome Mr. Bertrand to the Board Directors and management of the company, this is another step in developing Salamon Group into a world class solar company. Mr. Bertrand, with his broad base of expertise and relationships, both in government and private sectors, will be invaluable as we continue to build our company and add shareholder value."
Mr. Bertrand is President of SBCG and is Executive Director of the International Summit of Cooperatives and was Executive Director of the World Energy Congress - Montreal 2010.
Mr. Bertrand has carried out various mandates within the energy sector, specifically natural gas, wind power, and small hydroelectric power plants. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Quebec Government's policy). He is currently working for the mining and Aluminum industry Cycle Capital Management (venture capital), ENERKEM and le Mouvement Desjardins.
Mr. Bertrand previously served as Chief of Staff for the Premier of Québec. The position and the responsibilities that went with this job have no equivalent on the labour market.
Mr. Bertrand coordinated the government's activities for more than 4 years. He has been directly involved in formulating all the government's policies, communications, research, and crisis management strategies.
Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership, as a member of the company's Board of Directors. Mr. Bertrand acted also as Chair of the Standing committee on Public Affairs of the Canadian Gas Association during 5 years. He was also Director of Research and Communications, and subsequently Executive Director of the Quebec Liberal Party. Prior to this, he was Vice President, Planning and Development for the Société financière des Caisses populaires Desjardins. He was also Chief of Staff and Economist, responsible for Press Relations, in the office of the Deputy Minister of Finance and Privatization and the office of the Minister of Cultural Affairs of Québec.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the acquisition, construction and management of renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar energy project producing companies that are a strategic fit within the Company’s overall strategy.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit:www.sunlogicspowerfund.com
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Beverage Stocks Investor Alert: Wine Stocks to Watch
New York, NY - March 14, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal specializing in sector research including beverage and water stocks issues an investor snapshot for publicly traded wine companies for trading as of the close March 13, 2012.
Trends to watch for in the sector: the growth of the Chinese consumer in the wine market;
now the sixth-largest consumers by country and on the rise.
Brown-Forman Corporation (NYSE:BF-A) closed up at $79.40, up 1.26(1.61%)
Citic Guoan Wine Co Ltd (SHA: 600084) closed at $6.09 +0.03 0.50%
Constellation Brands (NYSE: STZ and STZ.B) closed at 22.83 0.26(1.15%) on 1.6 Million shares. The stock has a 52 week range of 16.42 - 23.19. The Company announced today it will report financial results for its fiscal fourth quarter and full year ended Feb. 29, 2012, on Thursday, April 5, 2012, before the open of the U.S. markets.
MAJESTIC WINE (LSE: MJW.L) closed up at $ 428.00, up 9.25(2.21%).
Scheid Vineyards Inc. (SVIN.PK) closed at 10.75 upp 0.25.
Tonghua Grape Wine Company (600365: Shanghai) closed at $7.99, up 0.11(1.40%).
Australian wine company, Treasury Wine Estates (ASX: TWE.AX) closed at $4.13, down 0.06(1.43%) on over 1.4 Millions shares.
Yantai Changyu Pioneer Wine Company Ltd (SHE: 000869) closed at $101.90, up
+1.10 (1.09%).
Investorideas.com Newswire
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, beverage stocks, tech, defense stocks, nanotech, agriculture and gaming.
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Investorideas.com is compiling a growing directory of wine stocks for investors following the growing sector.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411
Source - www.Investorideas.com
New York, NY - March 14, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal specializing in sector research including beverage and water stocks issues an investor snapshot for publicly traded wine companies for trading as of the close March 13, 2012.
Trends to watch for in the sector: the growth of the Chinese consumer in the wine market;
now the sixth-largest consumers by country and on the rise.
Brown-Forman Corporation (NYSE:BF-A) closed up at $79.40, up 1.26(1.61%)
Citic Guoan Wine Co Ltd (SHA: 600084) closed at $6.09 +0.03 0.50%
Constellation Brands (NYSE: STZ and STZ.B) closed at 22.83 0.26(1.15%) on 1.6 Million shares. The stock has a 52 week range of 16.42 - 23.19. The Company announced today it will report financial results for its fiscal fourth quarter and full year ended Feb. 29, 2012, on Thursday, April 5, 2012, before the open of the U.S. markets.
MAJESTIC WINE (LSE: MJW.L) closed up at $ 428.00, up 9.25(2.21%).
Scheid Vineyards Inc. (SVIN.PK) closed at 10.75 upp 0.25.
Tonghua Grape Wine Company (600365: Shanghai) closed at $7.99, up 0.11(1.40%).
Australian wine company, Treasury Wine Estates (ASX: TWE.AX) closed at $4.13, down 0.06(1.43%) on over 1.4 Millions shares.
Yantai Changyu Pioneer Wine Company Ltd (SHE: 000869) closed at $101.90, up
+1.10 (1.09%).
Investorideas.com Newswire
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, beverage stocks, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Investorideas.com is compiling a growing directory of wine stocks for investors following the growing sector.
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Gold Stocks; Gold Bullion (TSX-V: GBB) announces additional positive drill data update
VANCOUVER - March 14, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.
Hole GR-11-390 confirms extension of the mineralization at depth. This hole is the northern most hole drilled thus far from which data is available. High grade gold intersections continue to be discovered at depth on the northern extension from existing mineralization.
Results include 256.5 metres grading 0.44 g/t Au with three specific high grade zones: at 340 metres downhole with 10.5 metres grading 2.92 g/t Au, the second at 480 metres with 4.5 metres grading 4.52 g/t Au and a third at 532.5 metres with 9 metres grading 2.81 g/t Au. Frank Basa , Gold Bullion's CEO, is very encouraged by results that consistently demonstrate the presence of widespread significant gold on the Granada property.
Additional substantive drill data is included in a table format below.
57.15
Hole From (m) To(m) Length(m) Au g/t
GR-10-29 203.00 321.00 118.0 0.31
including 268.50 321.00 52.5 0.55
including 316.50 321.00 4.5 3.78
GR-10-30 63.50 284.50 221.0 0.30
including 63.50 134.25 70.8 0.62
including 126.75 134.25 7.5 3.25
GR-10-66 33.00 153.00 120.0 0.47
including 33.00 78.00 45.0 0.70
including 129.00 153.00 24.0 0.89
GR-10-89 4.50 18.00 13.5 2.44
100.50 152.00 51.5 0.29
including 137.00 152.00 15.0 0.77
GR-10-123 22.00 140.50 118.5 0.31
including 116.00 140.50 24.5 0.99
including 127.50 137.50 10.0 1.92
GR-10-162 18.40 40.65 22.3 0.30
77.00 19.9 0.38
GR-10-191 136.50 285.40 148.9 0.19
including 136.50 145.00 8.5 0.67
GR-11-202 3.00 13.82 10.8 0.49
56.50 63.00 6.5 0.35
GR-11-204 2.40 52.50 50.1 0.39
including 43.50 52.50 9.0 1.80
GR-11-208 188.50 202.35 13.9 0.62
GR-11-264 27.50 85.50 58.0 0.29
including 27.50 33.50 6.0 1.37
including 78.00 85.50 7.5 0.60
GR-11-265 21.00 118.00 97.0 0.86
including 28.00 45.00 17.0 1.39
including 78.00 109.00 31.0 1.65
GR-11-267 26.00 56.00 30.0 0.41
GR-11-277 18.50 112.45 94.0 0.42
including 88.40 112.00 23.6 1.13
GR-11-278 36.50 111.00 74.5 0.55
including 76.00 90.10 14.1 1.79
GR-11-279 22.50 218.00 195.5 0.26
including 193.50 209.00 15.5 1.37
GR-11-281 42.00 231.50 189.5 0.35
including 130.90 149.50 18.6 2.41
GR-11-283 232.00 299.50 67.5 0.24
GR-11-284 18.70 186.00 167.3 0.68
including 51.50 95.50 44.0 0.37
including 154.80 186.00 31.2 2.85
GR-11-289 19.50 108.00 88.5 0.32
including 25.30 36.00 10.7 1.08
GR-11-290 15.50 136.50 121.0 0.39
including 15.50 72.00 56.5 0.74
GR-11-291 30.00 80.50 50.5 0.64
including 30.00 61.00 31.0 0.97
GR-11-292 10.50 134.00 123.5 0.41
including 96.50 134.00 37.5 0.53
GR-11-294 19.00 130.00 111.0 0.87
including 73.50 109.50 36.0 2.42
GR-11-296 11.50 126.50 115.0 0.78
including 11.50 69.50 58.0 1.40
GR-11-390 285.00 541.50 256.5 0.44
including 285.00 350.50 65.5 0.65
including 340.00 350.50 10.5 2.92
including 480.00 541.50 61.5 0.86
including 480.00 484.50 4.5 4.52
including 532.50 541.50 9.0 2.81
Exactly 80%, (24 of the 30) drill holes intersected significant mineralization. The 6 holes that did not were omitted from the above table. Those omitted were holes, GR-10-168, GR-11-244, GR-11-245, GR-11-247, GR-11-249 & GR-11-273.
Holes 244, 245, 247 & 249 were exploration holes drilled outside the main mineralized zone, while hole 168 encountered directional challenges and did not therefore yield noteworthy results. The widths reported in the preceding table are drill widths as "true" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was undertaken by ALS Chemex Labs in Val d'Or, Quebec , and by the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis on samples where visible gold was apparent and identifiable. Quality control was further enhanced by inserting blind certified standard reference material and blanks into the sample stream at regular intervals. This control procedure was carried out by logging personnel to ensure the highest level of independent assessment and overall analytical accuracy.
Claude Duplessis , Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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VANCOUVER - March 14, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.
Hole GR-11-390 confirms extension of the mineralization at depth. This hole is the northern most hole drilled thus far from which data is available. High grade gold intersections continue to be discovered at depth on the northern extension from existing mineralization.
Results include 256.5 metres grading 0.44 g/t Au with three specific high grade zones: at 340 metres downhole with 10.5 metres grading 2.92 g/t Au, the second at 480 metres with 4.5 metres grading 4.52 g/t Au and a third at 532.5 metres with 9 metres grading 2.81 g/t Au. Frank Basa , Gold Bullion's CEO, is very encouraged by results that consistently demonstrate the presence of widespread significant gold on the Granada property.
Additional substantive drill data is included in a table format below.
57.15
Hole From (m) To(m) Length(m) Au g/t
GR-10-29 203.00 321.00 118.0 0.31
including 268.50 321.00 52.5 0.55
including 316.50 321.00 4.5 3.78
GR-10-30 63.50 284.50 221.0 0.30
including 63.50 134.25 70.8 0.62
including 126.75 134.25 7.5 3.25
GR-10-66 33.00 153.00 120.0 0.47
including 33.00 78.00 45.0 0.70
including 129.00 153.00 24.0 0.89
GR-10-89 4.50 18.00 13.5 2.44
100.50 152.00 51.5 0.29
including 137.00 152.00 15.0 0.77
GR-10-123 22.00 140.50 118.5 0.31
including 116.00 140.50 24.5 0.99
including 127.50 137.50 10.0 1.92
GR-10-162 18.40 40.65 22.3 0.30
77.00 19.9 0.38
GR-10-191 136.50 285.40 148.9 0.19
including 136.50 145.00 8.5 0.67
GR-11-202 3.00 13.82 10.8 0.49
56.50 63.00 6.5 0.35
GR-11-204 2.40 52.50 50.1 0.39
including 43.50 52.50 9.0 1.80
GR-11-208 188.50 202.35 13.9 0.62
GR-11-264 27.50 85.50 58.0 0.29
including 27.50 33.50 6.0 1.37
including 78.00 85.50 7.5 0.60
GR-11-265 21.00 118.00 97.0 0.86
including 28.00 45.00 17.0 1.39
including 78.00 109.00 31.0 1.65
GR-11-267 26.00 56.00 30.0 0.41
GR-11-277 18.50 112.45 94.0 0.42
including 88.40 112.00 23.6 1.13
GR-11-278 36.50 111.00 74.5 0.55
including 76.00 90.10 14.1 1.79
GR-11-279 22.50 218.00 195.5 0.26
including 193.50 209.00 15.5 1.37
GR-11-281 42.00 231.50 189.5 0.35
including 130.90 149.50 18.6 2.41
GR-11-283 232.00 299.50 67.5 0.24
GR-11-284 18.70 186.00 167.3 0.68
including 51.50 95.50 44.0 0.37
including 154.80 186.00 31.2 2.85
GR-11-289 19.50 108.00 88.5 0.32
including 25.30 36.00 10.7 1.08
GR-11-290 15.50 136.50 121.0 0.39
including 15.50 72.00 56.5 0.74
GR-11-291 30.00 80.50 50.5 0.64
including 30.00 61.00 31.0 0.97
GR-11-292 10.50 134.00 123.5 0.41
including 96.50 134.00 37.5 0.53
GR-11-294 19.00 130.00 111.0 0.87
including 73.50 109.50 36.0 2.42
GR-11-296 11.50 126.50 115.0 0.78
including 11.50 69.50 58.0 1.40
GR-11-390 285.00 541.50 256.5 0.44
including 285.00 350.50 65.5 0.65
including 340.00 350.50 10.5 2.92
including 480.00 541.50 61.5 0.86
including 480.00 484.50 4.5 4.52
including 532.50 541.50 9.0 2.81
Exactly 80%, (24 of the 30) drill holes intersected significant mineralization. The 6 holes that did not were omitted from the above table. Those omitted were holes, GR-10-168, GR-11-244, GR-11-245, GR-11-247, GR-11-249 & GR-11-273.
Holes 244, 245, 247 & 249 were exploration holes drilled outside the main mineralized zone, while hole 168 encountered directional challenges and did not therefore yield noteworthy results. The widths reported in the preceding table are drill widths as "true" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was undertaken by ALS Chemex Labs in Val d'Or, Quebec , and by the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis on samples where visible gold was apparent and identifiable. Quality control was further enhanced by inserting blind certified standard reference material and blanks into the sample stream at regular intervals. This control procedure was carried out by logging personnel to ensure the highest level of independent assessment and overall analytical accuracy.
Claude Duplessis , Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
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