Water Investment Opportunity for Accredited Investors
New
York NY- May 8, 2012 – Investorideas.com, a leader in sector research
including water stocks and energy stocks , showcases Oceanic
Environmental Solutions (OES), a private Canadian company focused on
bringing water remediation solutions to oil and gas markets for produced
water and frac water treatment .
Oceanic Technologies
In
both retrofit and stand alone situations OES technology can be applied
to address a wide range of needs in the remediation process
Enhanced Skim Oil Recoveries"– better recoveries at the “skim oil” stage mean higher
profit for the client and reduces the burden on downstream treatment.
Oil/Water Separation – this is the primary step in produced water remediation. OES
optimizes oil recovery by utilizing the OES’ Proprietary Enhanced Induced Air Flotation
system. The system is simple, robust and economic to build and run. The OES system has
no filters or media that can get clogged by sediment or mineral deposits.
BTEX Reduction" – Standard oil/water separation deals with free oil and cannot deal
with water soluble hydrocarbon (BTEX)." The OES aeration system can be used to strip
BTEX from solution. The system can strip BTEX without filters or media that can get
clogged by sediment or mineral deposits.
Produced Water BOD and COD Reduction"– High BOD (Biological Oxygen Demand)
and COD (Chemical Oxygen Demand) can render discharge water harmful even if the
oil has been dealt with." The OES system can efficiently deliver the oxygen needed to
deal with the issue.
Enhanced Settling of Solids and Heavy Metals"– OES’ proprietary micro bubble process
can
enhance solids and entrained heavy metals separation. Solids of
different types either drop out of the bubble rich, less buoyant, fluid
or are trapped and floated to the surface for removal.
Treatment of Waste Streams from Water Remediation Technologies" – Water
remediation can produce an oily sludge or sediment that must be dealt with. OES is
working on an advanced bio digestion system with a relatively small footprint that
produces an end product suitable for landfill disposal.
About Oceanic
Oceanic Environmental Solutions Inc. (“OES”) is a private Canadian company focused on
bringing water remediation solutions to oil and gas markets. OES’ industry knowledge
allows it to link the appropriate technologies and handling of waste streams into a
complete solution. OES’ Proprietary Enhanced Induced Air Flotation system is used
independently or in conjunction with our other water management solutions, which
provides overall lower CAPEX and OPEX for our clients.
Visit the Company Profile at Investorideas.com
http://www.investorideas.com/CO/OES/
View the Company PowerPoint
http://www.investorideas.com/CO/OES/news/Oceanic-May-6-2012-profile.pdf
Media, Accredited Investors and Institutions Contact:
Oceanic Environmental Solutions (OES)
780-930-7080 or Dvanzant@investorideas.com
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the company and is not the opinion of our web sites. This site is
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profile companies including Oceanic: Compensation Disclosure and
disclaimers: Investorideas.com was compensated for news distribution www.InvestorIdeas.com/About/Disclaimer.asp and
http://www.investorideas.com/About/News/Clientspecifics.asp . This is not a solicitation to retail investors
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Investorideas.com
Tuesday, May 08, 2012
Biotech Stock Alert; Aethlon Medical (OTC: AEMD) Reports Undetectable Hepatitis C Virus (HCV) in Genotype 1, Genotype 3, and Genotype 5 Patients Treated with Hemopurifier® Therapy
SAN DIEGO - May 8, 2012 (Investorideas.com newswire) - Aethlon Medical, Inc. (OTCBB: AEMD),
the pioneer in developing selective therapeutic filtration devices to
address infectious disease, cancer and other life-threatening
conditions, reported today that the presence of Hepatitis C virus (HCV)
is currently undetectable in all infected patients that have been
treated with the Aethlon Hemopurifier® in combination with
peginterferon+ribavirin (PR) drug therapy and monitored for at least
ninety days.
In a study conducted at the Medanta Medicity Institute (Medicity),
HCV-infected individuals were enrolled to receive up to three, six-hour
Hemopurifier® treatments during the first three days of PR drug therapy.
The Medicity is a $360 million multi-specialty medical institute
established to be a premier center for medical tourism in India. The
Aethlon Hemopurifier® is a first-in-class medical device that
selectively targets the rapid clearance of HCV from the entire
circulatory system to improve benefit, dose, duration and tolerability
of drug therapies.
In the Medicity study, Aethlon reported that Hemopurifier® therapy has been well tolerated and without device-related adverse events in nine treated patients. Of these nine patients, six patients were infected with HCV genotype-1; two patients were infected with HCV genotype-3; and one patient was infected with HCV genotype-5. Of the nine reported patients, seven have been monitored for more than ninety days. All seven currently maintain undetectable viral load, including three patients who have been monitored for 48-weeks. Two patients initiated Hemopurifier® therapy on April 18th and April 30th, and therefore have not yet been monitored for extended viral load suppression.
The Immediate Impact of Hemopurifier® Therapy
In addition to demonstrating safety and early efficacy against multiple HCV genotypes, a clinical objective of the Medicity study was to evaluate whether the Hemopurifier® could accelerate HCV eradication to levels associated with treated patients who achieve the highest rate of viral cure, including individuals that previously failed or relapsed PR drug regimens. In the study, Aethlon observed that viral load depletion during the Hemopurifier® + PR drug therapy phase was greatest in hard-to-treat genotype-1 patients with high viral load. In one treated patient, baseline HCV RNA dropped from 5,800,000 IU/ml to 1,840 IU/ml when measured after the third day of Hemopurifier® + PR therapy, representing a 3.49 log or 99.96% reduction of viral load. In another patient, baseline HCV RNA dropped from 8,760,000 IU/ml to 4,665 IU/ml when measured on day-3, representing a 3.27 log or 99.96% reduction. By contrast, a moderate viral load Hemopurifier® patient with baseline HCV RNA of 1,340,000 IU/ml dropped to 54,900 IU/ml when measured on day-3, representing a 1.38 log or 95.9% reduction.
As a point of reference, the landmark IDEAL Study of 3,070 HCV genotype-1 patients documented that less than 5% of treated patients will achieve a 2-log or greater reduction of viral load when measured 7-days after the start of PR drug therapy. While the IDEAL study did not report day-3 viral load, a 2-log+ reduction at day-7 is a rare occurrence defined as an immediate virologic response (IVR). The IDEAL study confirms the viral cure or sustained virologic response rate of IVR patients to be greater than 90%. Based on Medicity treatment outcomes, Hemopurifier® therapy had a significant impact in accelerating HCV eradication in high viral load patients.
Capacity of the Hemopurifier® to Capture HCV During Treatment
As the result of discussions with reviewers at the Center for Devices and Radiological Health (the FDA branch responsible for approving medical devices in the US), Aethlon recently expanded the Medicity protocol to establish a data point that would quantify the amount of HCV captured within the Hemopurifier® during a single treatment. In one analyzed cartridge, researchers recovered and measured that approximately 300 billion (300,000,000,000) copies of HCV had been captured within the Hemopurifier® during a single six-hour treatment at the Medicity. Beyond the impact of inhibiting progeny virus replication, the viral capture data point defines the contribution Hemopurifier® therapy can provide to current and future antiviral drug treatment regimens. Aethlon considers this data point to be unprecedented as the previous ability to measure the benefit of HCV therapies has primarily been limited to measuring changes in the amount of virus that can be detected in circulation.
Next Steps
As a result of Hemopurifier® + PR therapy outcomes, Aethlon has requested permission from the Medicity internal review board (IRB) to begin offering Hemopurifier® therapy to HCV-infected individuals that reside outside of India. The Company has also requested IRB permission to expand the treatment protocol to allow for up to seven Hemopurifier® treatments to be administered during the first week of PR drug therapy. Based on previous three-treatment protocol outcomes, Aethlon anticipates an expanded Hemopurifier® dosing schedule could establish new milestones for early undetectable viral load achievement. The Company also disclosed it will resubmit an investigational device exemption (IDE) which incorporates the Medicity data as part of its effort to gain FDA approval to initiate clinical programs in the U.S.
It is estimated that approximately 4 million Americans and 170 million people worldwide are infected with HCV, which leads to chronic liver disease or cirrhosis, and is the leading cause of liver transplant in the U.S. To date, almost 100 Hemopurifier® treatments have been administered in human studies. Previously, studies of the Hemopurifier® have been conducted at the Apollo, Fortis, and Sigma New Life hospitals in India. These studies demonstrated that Hemopurifier® therapy could safely reduce viral load in both HIV and HCV-infected dialysis patients without the administration of antiviral drug therapies. The Medicity study represents the first Hemopurifier® study in non-dialysis patients. In vitro studies have further validated the ability of the Hemopurifier® to capture a broad-spectrum of viral pathogens classified as bioterror or pandemic threats.
About Aethlon Medical
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the ability for the Company to derive business partnerships or future revenue streams using the Aethlon ADAPT™ system including the ability to introduce a targeted breast cancer therapy known as HER2osome™, there is no assurance that FDA will approve the initiation of the company's clinical programs or provide market clearance of the company's products, the ability to achieve the goals set out in the DARPA contract, future human studies of the Aethlon Hemopurifier® as an adjunct therapy to improve patient responsiveness to established cancer therapies, the company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
James A. Joyce
Chairman and CEO
858.459.7800 x301
jj@aethlonmedical.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
John P. Salvador
Director, Communications & Investor Relations
858.459.7800 x307
jps@aethlonmedical.com
Visit the AETHLON MEDICAL INC (OTC BB: AEMD) showcase profile page on Investorideas.comDisclosure/Disclaimer: AETHLON MEDICAL INC (OTC BB: AEMD) Investorideas.com is paid by AEMD to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs
In a study conducted at the Medanta Medicity Institute (Medicity),
HCV-infected individuals were enrolled to receive up to three, six-hour
Hemopurifier® treatments during the first three days of PR drug therapy.
The Medicity is a $360 million multi-specialty medical institute
established to be a premier center for medical tourism in India. The
Aethlon Hemopurifier® is a first-in-class medical device that
selectively targets the rapid clearance of HCV from the entire
circulatory system to improve benefit, dose, duration and tolerability
of drug therapies.In the Medicity study, Aethlon reported that Hemopurifier® therapy has been well tolerated and without device-related adverse events in nine treated patients. Of these nine patients, six patients were infected with HCV genotype-1; two patients were infected with HCV genotype-3; and one patient was infected with HCV genotype-5. Of the nine reported patients, seven have been monitored for more than ninety days. All seven currently maintain undetectable viral load, including three patients who have been monitored for 48-weeks. Two patients initiated Hemopurifier® therapy on April 18th and April 30th, and therefore have not yet been monitored for extended viral load suppression.
The Immediate Impact of Hemopurifier® Therapy
In addition to demonstrating safety and early efficacy against multiple HCV genotypes, a clinical objective of the Medicity study was to evaluate whether the Hemopurifier® could accelerate HCV eradication to levels associated with treated patients who achieve the highest rate of viral cure, including individuals that previously failed or relapsed PR drug regimens. In the study, Aethlon observed that viral load depletion during the Hemopurifier® + PR drug therapy phase was greatest in hard-to-treat genotype-1 patients with high viral load. In one treated patient, baseline HCV RNA dropped from 5,800,000 IU/ml to 1,840 IU/ml when measured after the third day of Hemopurifier® + PR therapy, representing a 3.49 log or 99.96% reduction of viral load. In another patient, baseline HCV RNA dropped from 8,760,000 IU/ml to 4,665 IU/ml when measured on day-3, representing a 3.27 log or 99.96% reduction. By contrast, a moderate viral load Hemopurifier® patient with baseline HCV RNA of 1,340,000 IU/ml dropped to 54,900 IU/ml when measured on day-3, representing a 1.38 log or 95.9% reduction.
As a point of reference, the landmark IDEAL Study of 3,070 HCV genotype-1 patients documented that less than 5% of treated patients will achieve a 2-log or greater reduction of viral load when measured 7-days after the start of PR drug therapy. While the IDEAL study did not report day-3 viral load, a 2-log+ reduction at day-7 is a rare occurrence defined as an immediate virologic response (IVR). The IDEAL study confirms the viral cure or sustained virologic response rate of IVR patients to be greater than 90%. Based on Medicity treatment outcomes, Hemopurifier® therapy had a significant impact in accelerating HCV eradication in high viral load patients.
Capacity of the Hemopurifier® to Capture HCV During Treatment
As the result of discussions with reviewers at the Center for Devices and Radiological Health (the FDA branch responsible for approving medical devices in the US), Aethlon recently expanded the Medicity protocol to establish a data point that would quantify the amount of HCV captured within the Hemopurifier® during a single treatment. In one analyzed cartridge, researchers recovered and measured that approximately 300 billion (300,000,000,000) copies of HCV had been captured within the Hemopurifier® during a single six-hour treatment at the Medicity. Beyond the impact of inhibiting progeny virus replication, the viral capture data point defines the contribution Hemopurifier® therapy can provide to current and future antiviral drug treatment regimens. Aethlon considers this data point to be unprecedented as the previous ability to measure the benefit of HCV therapies has primarily been limited to measuring changes in the amount of virus that can be detected in circulation.
Next Steps
As a result of Hemopurifier® + PR therapy outcomes, Aethlon has requested permission from the Medicity internal review board (IRB) to begin offering Hemopurifier® therapy to HCV-infected individuals that reside outside of India. The Company has also requested IRB permission to expand the treatment protocol to allow for up to seven Hemopurifier® treatments to be administered during the first week of PR drug therapy. Based on previous three-treatment protocol outcomes, Aethlon anticipates an expanded Hemopurifier® dosing schedule could establish new milestones for early undetectable viral load achievement. The Company also disclosed it will resubmit an investigational device exemption (IDE) which incorporates the Medicity data as part of its effort to gain FDA approval to initiate clinical programs in the U.S.
It is estimated that approximately 4 million Americans and 170 million people worldwide are infected with HCV, which leads to chronic liver disease or cirrhosis, and is the leading cause of liver transplant in the U.S. To date, almost 100 Hemopurifier® treatments have been administered in human studies. Previously, studies of the Hemopurifier® have been conducted at the Apollo, Fortis, and Sigma New Life hospitals in India. These studies demonstrated that Hemopurifier® therapy could safely reduce viral load in both HIV and HCV-infected dialysis patients without the administration of antiviral drug therapies. The Medicity study represents the first Hemopurifier® study in non-dialysis patients. In vitro studies have further validated the ability of the Hemopurifier® to capture a broad-spectrum of viral pathogens classified as bioterror or pandemic threats.
About Aethlon Medical
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the ability for the Company to derive business partnerships or future revenue streams using the Aethlon ADAPT™ system including the ability to introduce a targeted breast cancer therapy known as HER2osome™, there is no assurance that FDA will approve the initiation of the company's clinical programs or provide market clearance of the company's products, the ability to achieve the goals set out in the DARPA contract, future human studies of the Aethlon Hemopurifier® as an adjunct therapy to improve patient responsiveness to established cancer therapies, the company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
James A. Joyce
Chairman and CEO
858.459.7800 x301
jj@aethlonmedical.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
John P. Salvador
Director, Communications & Investor Relations
858.459.7800 x307
jps@aethlonmedical.com
Visit the AETHLON MEDICAL INC (OTC BB: AEMD) showcase profile page on Investorideas.comDisclosure/Disclaimer: AETHLON MEDICAL INC (OTC BB: AEMD) Investorideas.com is paid by AEMD to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs
Oil Services Stock Alert : Raptor (OTCQB: RRHI) Signs M.O.U. with Major Oilfield Service Provider for API Grade Barite Utilized in the Oil & Gas Well Drilling Sector
FREEHOLD, N.J. - May 8, 2012 (Investorideas.com Newswire) - Raptor Resources Holdings Inc. (OTCQB: RRHI),
announces today the signing of a Memorandum of Understanding (MOU) with
one of the world’s oilfield service giants. The MOU lays the groundwork
for a long-term purchase agreement between both companies. Once in full
production, the company estimates it will ship 220,000 tons/year
against the 2M tons listed in the MOU. The MOU provides exclusive rights
to the customer for all API (American Petroleum Institute) barite
applications.
The
Gulf of Mexico, home to the largest concentration of active rigs
world-wide consumed up to 5M tons of bulk barite during CY2010 with the
major contributors being China (3.6M tons) and India (1M tons). Barite
is used as a weighting agent during drilling to reduce the formation
pressures preventing well blowouts. API Grade bulk barite prices
referenced in Industrial Minerals’ March 2012 commodity price list
averaged $144/ton based on FOB China and FOB India conditions
representing a 48% price increase since August 2011.
The
company is also in early stage discussions with non-API customers to
provide a combined total of 110,000 tons/year of the company’s premium
barite for applications in the Paint, Automotive, Medical and
Plastic/Rubber sectors. Pure Barium Sulfate (BaSO4) has a specific
gravity of 4.5. Dodge Mine
samples tested by the University of Zimbabwe in late 2011 documented
the company’s white barite at 97.25% and the pink barite at 95.5% pure
Barium Sulfate (BaSO4). With bright white barite during the 1st Qtr.
commanding a price premium in the order of $225/ton, the company’s business model,
once at full capacity, represents 330,000 tons/year taking optimum
advantage of the high percentage of superior grade barite deposits at
Dodge Mine to support non-API applications.
Dodge
Mine is a world class, hydrothermal mountain range covering 305 acres.
The barite deposits are 100% recoverable compared to certain barite
mines in Nevada that are rated 45% recoverable. The company was
proactive to recently acquire an additional 1235 acres along the
mountain range bringing the total property size to 1540 acres. The
company recently started a gravity mapping program to identify all
mineral/metal types on the Dodge Mine property with first priority being
barite anticipating a mineral/metal composite of probable/proven
reserves. The gravity mapping program is targeting completion this June.
Al
Pietrangelo, President & CEO of Raptor Resources Holdings Inc.,
stated, "The short term delay in alluvial surface gold mining was a bold
move to aggressively secure Dodge Mine and surrounding property that
should benefit the shareholders for years to come. As we move into
production to generate revenue from the mineral/metal assets of Dodge
Mine along with our intent to start alluvial gold production the second
half of this year, we anticipate the combined revenue from both business
units will create sustaining shareholder value on both fronts over the
next 18 months."
The
company is in early stage discussions with industry experts to
vertically integrate certain stand alone minerals and blended minerals
for value added revenue opportunities as well as continuing to target
new mineral assets to compliment the company’s portfolio of
mineral/metal assets.
Mr.
Pietrangelo further stated, "This is a very exciting time for Raptor
Resources Holdings Inc. Since the change of control of the parent
company was effectuated last May, 2011, management has tirelessly sought
out many opportunities for and on behalf of our shareholders." He
added, "This is just the beginning of the many events that are expected
to unfold, which we firmly believe will lead us to a strong profitable
future."
Raptor Resources Holdings Inc. (parent/holding Company)
Raptor
Resources Holdings Inc. is the parent/ holding Company with three
independently operating subsidiaries: TAG Minerals Inc., Mabwe Minerals
Inc. and Lantis Laser, Inc. (www.raptorresourcesholdings.com)
About TAG Minerals Inc.
TAG
Minerals Inc. is a U.S. based (incorporated in Wyoming ) mineral
resource acquisition, exploration and development company, with
operations conducted through its operating affiliate, TAG Minerals
Zimbabwe (Private) Limited. The company’s business is managed by its
directors and officers who have mineral extraction and commercial
experience. TAG’s strategy is to identify, acquire and exploit mineral
properties that have potential. TAG Minerals is augmented by independent
financial, geological, and mining professionals who advise the company
on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit (www.extrac-tec.com)
About Mabwe Minerals Inc.
Mabwe
Minerals Inc. is a U.S. based natural resources and hard asset OTCQB
publicly traded, fully reporting company engaged in the mining and
commercial sales of industrial minerals and metals.
About Lantis Laser, Inc.
Lantis
Laser, Inc. is developing under license, synergistic, high resolution,
light-based imaging modalities which can detect decay and
microstructural defects at an early stage, and unlike x-ray, do not emit
potentially harmful ionizing radiation. Its products are in development
and cannot be sold until FDA clearance for marketing is obtained.
For more news on OCT in Dentistry; visit: (www.octnews.org)
Safe Harbor.
Statements
regarding financial matters 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
Securities Litigation Reform Act of 1995. The company intends that such
statements about the company's future expectations, including future
revenues and earnings, technology efficacy
and all other forward-looking statements be subject to the safe harbors
created thereby. The company is a development stage company who
continues to be dependent upon outside capital to sustain its existence.
Since these statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any time, the
company's actual results may differ materially from expected results.
CONTACT INFORMATION
Corporate Inquiries:
Al Pietrangelo, President & CEO
Raptor Resources Holdings Inc.
Telephone: 732.252.5146
a.pietrangelo@raptorresourcesholdings.com
Raptor Resources Holdings Inc.
Telephone: 732.252.5146
a.pietrangelo@raptorresourcesholdings.com
Published at Investorideas.com Newswire
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Monday, May 07, 2012
Mining News: Raptor Resources Holdings Inc. (OTCQB: RRHI) Initiates Gravity Mapping Program at Dodge Mine
FREEHOLD, N.J. - May 7, 2012 (Investorideas.com Mining stocks
newswire) Raptor Resources Holdings Inc. (OTCQB: RRHI) is pleased to
announce that the gravity mapping program of Dodge Mine (Shamva,
Zimbabwe) has started. With outstanding recommendations from barite
geologist experts, the company has solicited the services of MWH
GEO-Surveys Ltd. (http://www.mwhgeo.com/). Kevin MacNabb, owner/operator
recently completed a pre-site survey of Dodge Mine to ensure the
gravity mapping parameters of the hydrothermal mountain range are
optimized to capture the multiple barite lenses across the property with
additional recommendations to identify a variety of mineral/metal
deposits.
Dodge Mine is classified as an Irregular Ore Body with close-spaced veinlets cutting the host rock and forming an intercalated network of cylindrical or cap-like deposits cutting across geological boundaries. Prior drilling reports identified barite, limestone/marble and talc. Of key interest is the documented widespread occurrences of gossans deposits indicating a massive undeveloped sulphide deposit often associated with gold, nickel, copper and lead. The presence of these metabasalt often point to gold in the host rock. Both local and international geologists have confirmed that the Dodge Mine barite deposits are world class, contain very high percentages of pure Barium Sulfate (BaSO4) and 100% recoverable.
Kevin MacNabb, owner/operator of MWH Geo-Surveys Ltd. stated, "These are exciting times for junior mining companies like Raptor Resources Holdings Inc. as I have watched firsthand the dramatic impact to shareholder value with successful gravity mapping programs performed for other mining companies in Africa." He further stated, "The pre-site survey was paramount in setting the optimum profile configuration for gravity mapping the Dodge Mine to address the unique features of their hydrothermal mountain range property."
Al Pietrangelo, President and CEO of Raptor Resources Holdings Inc. added, "We are excited to begin the mapping program teamed with highly acclaimed MWH Geo-Surveys Ltd and would like to thank Kevin for being proactive to personally assist us during the pre-site survey. With their state of the art Aliod 100X micro-gal gravity meters and GPS data loggers utilizing proprietary G Control software exclusive to the company, we look forward to sharing the data with our most prized resource of all, our shareholders."
Raptor Resources Holdings Inc. (parent/holding Company)
Raptor Resources Holdings Inc. is the parent/holding Company with three independently operating subsidiaries: TAG Minerals Inc., Mabwe Minerals Inc. and Lantis Laser, Inc.
(www.raptorresourcesholdings.com)
About TAG Minerals Inc.
TAG Minerals Inc. is a U.S. based (incorporated in Wyoming) mineral resource acquisition, exploration and development company, with operations conducted through its operating affiliate, TAG Minerals Zimbabwe (Private) Limited. The company's business is managed by its directors and officers who have mineral extraction and commercial experience. TAG's strategy is to identify, acquire and exploit mineral properties that have potential. TAG Minerals is augmented by independent financial, geological, and mining professionals who advise the company on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit (www.extrac-tec.com)
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard asset OTCQB publicly traded, fully reporting company engaged in the mining and commercial sales of industrial minerals and metals.
About Lantis Laser, Inc.
Lantis Laser, Inc. is developing under license, synergistic, high resolution, light-based imaging modalities which can detect decay and microstructural defects at an early stage, and unlike x-ray, do not emit potentially harmful ionizing radiation. Its products are in development and cannot be sold until FDA clearance for marketing is obtained.
(http://www.lantislaser.com)
For more news on OCT in Dentistry; visit: (www.octnews.org)
Safe Harbor.
Statements regarding financial matters 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 Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Published at Investorideas.com Newswire
Dodge Mine is classified as an Irregular Ore Body with close-spaced veinlets cutting the host rock and forming an intercalated network of cylindrical or cap-like deposits cutting across geological boundaries. Prior drilling reports identified barite, limestone/marble and talc. Of key interest is the documented widespread occurrences of gossans deposits indicating a massive undeveloped sulphide deposit often associated with gold, nickel, copper and lead. The presence of these metabasalt often point to gold in the host rock. Both local and international geologists have confirmed that the Dodge Mine barite deposits are world class, contain very high percentages of pure Barium Sulfate (BaSO4) and 100% recoverable.
Kevin MacNabb, owner/operator of MWH Geo-Surveys Ltd. stated, "These are exciting times for junior mining companies like Raptor Resources Holdings Inc. as I have watched firsthand the dramatic impact to shareholder value with successful gravity mapping programs performed for other mining companies in Africa." He further stated, "The pre-site survey was paramount in setting the optimum profile configuration for gravity mapping the Dodge Mine to address the unique features of their hydrothermal mountain range property."
Al Pietrangelo, President and CEO of Raptor Resources Holdings Inc. added, "We are excited to begin the mapping program teamed with highly acclaimed MWH Geo-Surveys Ltd and would like to thank Kevin for being proactive to personally assist us during the pre-site survey. With their state of the art Aliod 100X micro-gal gravity meters and GPS data loggers utilizing proprietary G Control software exclusive to the company, we look forward to sharing the data with our most prized resource of all, our shareholders."
Raptor Resources Holdings Inc. (parent/holding Company)
Raptor Resources Holdings Inc. is the parent/holding Company with three independently operating subsidiaries: TAG Minerals Inc., Mabwe Minerals Inc. and Lantis Laser, Inc.
(www.raptorresourcesholdings.com)
About TAG Minerals Inc.
TAG Minerals Inc. is a U.S. based (incorporated in Wyoming) mineral resource acquisition, exploration and development company, with operations conducted through its operating affiliate, TAG Minerals Zimbabwe (Private) Limited. The company's business is managed by its directors and officers who have mineral extraction and commercial experience. TAG's strategy is to identify, acquire and exploit mineral properties that have potential. TAG Minerals is augmented by independent financial, geological, and mining professionals who advise the company on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit (www.extrac-tec.com)
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard asset OTCQB publicly traded, fully reporting company engaged in the mining and commercial sales of industrial minerals and metals.
About Lantis Laser, Inc.
Lantis Laser, Inc. is developing under license, synergistic, high resolution, light-based imaging modalities which can detect decay and microstructural defects at an early stage, and unlike x-ray, do not emit potentially harmful ionizing radiation. Its products are in development and cannot be sold until FDA clearance for marketing is obtained.
(http://www.lantislaser.com)
For more news on OCT in Dentistry; visit: (www.octnews.org)
Safe Harbor.
Statements regarding financial matters 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 Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Published at Investorideas.com Newswire
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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=6894TSX Mining News: SilverCrest (SVL.V) (STVZF.PK) Reports 127.4m @ 65.6 gpt Ag Eq(i) at La Joya Expands Main Mineralized Trend to Northeast and Southwest
VANCOUVER, BRITISH COLUMBIA - May 7, 2012 (Investorideas.com Mining
stocks newswire) SilverCrest Mines Inc. (SVL.V) (STVZF.PK) (STVZF.PK)
(the "Company") is pleased to announce the results of a further 16 holes
of the Phase II drill program currently underway at its La Joya
Property in Durango, Mexico. The Phase II program comprises an estimated
80 holes totaling approximately 15,000 metres. Phase II drilling to
date has extended the Main Mineralized Trend ("Trend") an additional 500
meters to the northwest beyond the area of the current resource of
101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012).
New results show the Trend expanding an additional 200 metres to the
northeast and 100 metres to southwest with the average width increasing
from 500 to approximately 700 metres along a strike length of 2,500
metres (see attached figure: here). Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
J. Scott Drever, President stated: "In January we announced an initial Inferred Resource in 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(i). We have since drilled 23 holes as a part of the second phase of drilling that have successfully expanded mineralization in all lateral directions with the possible expansion of the resource along the Trend. We have begun to drill the area to the southeast of the declared resource which, based on previous historic drilling and our surface sampling results, is expected to host the most attractive mineralized portion of the Trend".
These further 16 holes have partially tested the eastern and western margins of the northern end of the Trend and have provided in-fill information within the resource area. Silver values range from 2.6 gpt to 255.7 gpt and on a silver equivalent(i) basis values range from 24.0 gpt to 445.6 gpt Ag Eq. Mineralized intervals range from 3.5 metres to 127.4 metres. True thicknesses of mineralized intercepts can be approximated from previously announced drill holes in associated areas and cross-sections. The most significant assay results are shown in the following table;
All sample analyses were completed by ALS Chemex in Zacatecas, Mexico and North Vancouver, BC, Canada.
Holes L J DD12-40 and L J DD12-41 have identified additional mineralization along the Contact Zone which had been previously drilled and defined as mineralization near the contact of Cretaceous sediments and underlying quartz feldspar porphyry stock and dykes. The Contact Zone is exposed at surface and in this area has a northwest-southeast strike approximately one and a half kilometer long with semi-massive to massive sulfide mineralization (primarily chalcopyrite and pyrrhotite) immediately adjacent to contacts. This type of mineralization is similar to that of the nearby producing Penoles' Sabinas Mine.
Holes L JDD12-44 to 48 have identified additional mineralization in the Northeast portion of the Trend previously identified as the "Esperanza" target. This mineralization is similar to previously defined mantos, structures/stockwork and the Contact Zone although the mantos and structures appear to be fewer in number and somewhat deeper than in the central section of the Trend. Further drilling in this area is required to better define near surface mineralization.
Core samples for holes L J DD12-49 to L J DD12-52 are currently in the laboratory being analyzed. The program is currently drilling at hole L JDD12-53 located on the south central part of the Trend. Assays for the next series of holes will be reported upon receipt and compilation. Several holes contain anomalous molybdenum, tungsten, lead and zinc values over significant widths in the skarn. The significance of these associated mineral zones is being examined.
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 plus the Contact Zone adjacent to the underlying intrusive. Drilling on the southern extension of the Trend has commenced. 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 estimated Inferred Resources of:
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. (SVL.V) (STVZF.PK) 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, Mexico. 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, 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:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com
J. Scott Drever, President stated: "In January we announced an initial Inferred Resource in 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(i). We have since drilled 23 holes as a part of the second phase of drilling that have successfully expanded mineralization in all lateral directions with the possible expansion of the resource along the Trend. We have begun to drill the area to the southeast of the declared resource which, based on previous historic drilling and our surface sampling results, is expected to host the most attractive mineralized portion of the Trend".
These further 16 holes have partially tested the eastern and western margins of the northern end of the Trend and have provided in-fill information within the resource area. Silver values range from 2.6 gpt to 255.7 gpt and on a silver equivalent(i) basis values range from 24.0 gpt to 445.6 gpt Ag Eq. Mineralized intervals range from 3.5 metres to 127.4 metres. True thicknesses of mineralized intercepts can be approximated from previously announced drill holes in associated areas and cross-sections. The most significant assay results are shown in the following table;
All sample analyses were completed by ALS Chemex in Zacatecas, Mexico and North Vancouver, BC, Canada.Holes L J DD12-40 and L J DD12-41 have identified additional mineralization along the Contact Zone which had been previously drilled and defined as mineralization near the contact of Cretaceous sediments and underlying quartz feldspar porphyry stock and dykes. The Contact Zone is exposed at surface and in this area has a northwest-southeast strike approximately one and a half kilometer long with semi-massive to massive sulfide mineralization (primarily chalcopyrite and pyrrhotite) immediately adjacent to contacts. This type of mineralization is similar to that of the nearby producing Penoles' Sabinas Mine.
Holes L JDD12-44 to 48 have identified additional mineralization in the Northeast portion of the Trend previously identified as the "Esperanza" target. This mineralization is similar to previously defined mantos, structures/stockwork and the Contact Zone although the mantos and structures appear to be fewer in number and somewhat deeper than in the central section of the Trend. Further drilling in this area is required to better define near surface mineralization.
Core samples for holes L J DD12-49 to L J DD12-52 are currently in the laboratory being analyzed. The program is currently drilling at hole L JDD12-53 located on the south central part of the Trend. Assays for the next series of holes will be reported upon receipt and compilation. Several holes contain anomalous molybdenum, tungsten, lead and zinc values over significant widths in the skarn. The significance of these associated mineral zones is being examined.
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 plus the Contact Zone adjacent to the underlying intrusive. Drilling on the southern extension of the Trend has commenced. 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 estimated Inferred Resources of:
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.comThe 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. (SVL.V) (STVZF.PK) 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, Mexico. 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, 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:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com
Friday, May 04, 2012
TSX Stocks to Watch; Thursday's Top Gainers: TSX: AAA, TSX: TBL, TSX: EXN, TSX: GGA
New York, NY - May 4, 2012 - www.InvestorIdeas.com, a leader
in sector research for independent investors issues a trading alert for
TSX percentage gainers for May 03, 2012. The Standard & Poor's/ TSX
Composite Index fell 215.22 (1.76%) to close at 12,014.90.
ALLANA POTASH CORP (TSX:AAA) continued to move higher and added another 16% after the company said it received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
Taiga Building Products Ltd. (TSE:TBL) edged higher by 0.06 (10.17%) to close at C$0.65 without any official news on over 82K shares, compared to its average volume of 7K shares. Taiga Building Products Ltd is a Canada-based company. The Company is an independent wholesale distributor of building products in Canada.
Excellon Resources Inc. (TSE:EXN) rose 0.03 (5.66%) to close at CS0.56 on 265K shares, compared to its average volume of 212 shares. Excellon Resources Inc. is engaged in the acquisition, exploration, development and extraction of silver-zinc-lead metals in Mexico. The Company owns and operates the Platosa Property in Durango State and the Miguel Auza Property in Zacatecas State, Mexico.
Goldgroup Mining, Inc. (TSE:GGA) gained $ 0.03 (4.41%) to close at C$0.71. Recently, the company appointed Mr. Chester F. Millar to the Board of Directors. Goldgroup Mining Inc. is a Canadian mining and metals company focused on gold exploration and production in Mexico.
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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
ALLANA POTASH CORP (TSX:AAA) continued to move higher and added another 16% after the company said it received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
Taiga Building Products Ltd. (TSE:TBL) edged higher by 0.06 (10.17%) to close at C$0.65 without any official news on over 82K shares, compared to its average volume of 7K shares. Taiga Building Products Ltd is a Canada-based company. The Company is an independent wholesale distributor of building products in Canada.
Excellon Resources Inc. (TSE:EXN) rose 0.03 (5.66%) to close at CS0.56 on 265K shares, compared to its average volume of 212 shares. Excellon Resources Inc. is engaged in the acquisition, exploration, development and extraction of silver-zinc-lead metals in Mexico. The Company owns and operates the Platosa Property in Durango State and the Miguel Auza Property in Zacatecas State, Mexico.
Goldgroup Mining, Inc. (TSE:GGA) gained $ 0.03 (4.41%) to close at C$0.71. Recently, the company appointed Mr. Chester F. Millar to the Board of Directors. Goldgroup Mining Inc. is a Canadian mining and metals company focused on gold exploration and production in Mexico.
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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
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Thursday’s NASDAQ Top Stock Winners: KNSY, ATRC, MGAM, LQDT
New
York, NY, May 04, 2012 - www.InvestorIdeas.com, a global investor
research portal for independent investors, reports on top percentage
gainers on the NASDAQ for Thursday, May 03. The Nasdaq Composite slid
35.55 (-1.16%) to close at 3,024.30
Kensey Nash Corporation (NASDAQ:KNSY) shares jumped over 32% after the Royal DSM agreed to acquire all of the common stock of Kensey Nash in a cash tender offer for $38.50 per share in cash.
AtriCure Inc. (NASDAQ:ATRC) reported first-quarter revenue of $17.5 million, up 12% from the same period a year ago, owing to renewed growth in domestic sales. The company posted a net loss of $1.6 million, as compared with a loss of $1.3 million in first-quarter 2011. The per-share loss was $0.10, while analysts expected a loss of $0.14 per share.
Looking forward, the company expects fiscal 2012 revenue in a range of 12% to 15% growth over fiscal 2011. The Company reported revenue of $64.40 million in fiscal 2011. Analysts are expecting the company to report revenue of $72 million for fiscal 2012. Shares of the company jumped over 5%.
Multimedia Games Holding Company Inc (NASDAQ:MGAM) added 16.51% to close at $13.71 after the company reported second quarter revenue of $39.5 million, as compared to $30.1 million in the year ago quarter. Net income was $6.8 million, or $0.24 per diluted share, as compared to $1.2 million, or $0.04 per diluted share, in the same quarter last year.
Looking forward, the company expects fiscal2012 total revenue in between $144 million to $147 million. The Company also raised its fiscal 2012 diluted EPS outlook to a range of $0.72-$0.76. Analysts were expecting the company to report revenue of $138 million and EPS of $0.44for fiscal 2012.
Liquidity Services, Inc. (NASDAQ:LQDT) stock gained 13.13% to close at $62.24. The company reported second quarter net income of $18.8 million or $0.57 diluted earnings per share, as compared with $5.1 million, or $0.18 per share, last year. Adjusted net income was $17.2 million or $0.52 diluted earnings per share. Revenue rose 41% to $125.7 million. Analysts had expected earnings of $0.37 per share on revenue of $122.6 million.
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Kensey Nash Corporation (NASDAQ:KNSY) shares jumped over 32% after the Royal DSM agreed to acquire all of the common stock of Kensey Nash in a cash tender offer for $38.50 per share in cash.
AtriCure Inc. (NASDAQ:ATRC) reported first-quarter revenue of $17.5 million, up 12% from the same period a year ago, owing to renewed growth in domestic sales. The company posted a net loss of $1.6 million, as compared with a loss of $1.3 million in first-quarter 2011. The per-share loss was $0.10, while analysts expected a loss of $0.14 per share.
Looking forward, the company expects fiscal 2012 revenue in a range of 12% to 15% growth over fiscal 2011. The Company reported revenue of $64.40 million in fiscal 2011. Analysts are expecting the company to report revenue of $72 million for fiscal 2012. Shares of the company jumped over 5%.
Multimedia Games Holding Company Inc (NASDAQ:MGAM) added 16.51% to close at $13.71 after the company reported second quarter revenue of $39.5 million, as compared to $30.1 million in the year ago quarter. Net income was $6.8 million, or $0.24 per diluted share, as compared to $1.2 million, or $0.04 per diluted share, in the same quarter last year.
Looking forward, the company expects fiscal2012 total revenue in between $144 million to $147 million. The Company also raised its fiscal 2012 diluted EPS outlook to a range of $0.72-$0.76. Analysts were expecting the company to report revenue of $138 million and EPS of $0.44for fiscal 2012.
Liquidity Services, Inc. (NASDAQ:LQDT) stock gained 13.13% to close at $62.24. The company reported second quarter net income of $18.8 million or $0.57 diluted earnings per share, as compared with $5.1 million, or $0.18 per share, last year. Adjusted net income was $17.2 million or $0.52 diluted earnings per share. Revenue rose 41% to $125.7 million. Analysts had expected earnings of $0.37 per share on revenue of $122.6 million.
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Thursday, May 03, 2012
Wednesday's TSX Stocks Top Gainers: (TSX: CVI.A), (TSX: NVA), (TSX: AAA), (TSX: WED)
New York, NY - May 3, 2012 - www.InvestorIdeas.com, a leader in
sector research for independent investors issues a trading alert for TSX
percentage gainers for May 02, 2012. The Standard & Poor's/TSX
Composite Index fell 102.67 (-0.83%) to close at 12,230.12.
Calvalley Petroleum Inc. (TSX: CVI.A) shares jumped $0.27 (15.70%) to close at C$1.99 without any official news. Calvalley Petroleum Inc. is a Canadian-based company engaged in the exploration, development and production of crude oil and natural gas.
NuVista Energy Ltd. (TSX:NVA) climbed up $0.41 (12.42%) to end at CS3.71 on 701K shares, compared to its average volume of 244 shares. NuVista Energy Ltd. (NuVista) is an independent oil and natural gas company engaged in the exploration for, and the development, production and acquisition of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan.
ALLANA POTASH CORP (TSX:AAA) shares added 0.060 (10.71%) to close at C$0.620 after the company said it has received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
The Westaim Corporation (TSX:WED) price increased by $0.050 (7.35%) to close at C$0.730 after Intact Financial agreed to purchase from the Company all of the issued and outstanding shares in the capital of JEVCO Insurance Company for $530 million in cash. The Westaim Corporation, incorporated on May 7, 1996, is a Canada-based financial services holding company that invests directly and indirectly through acquisitions, joint ventures and other arrangements.
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Calvalley Petroleum Inc. (TSX: CVI.A) shares jumped $0.27 (15.70%) to close at C$1.99 without any official news. Calvalley Petroleum Inc. is a Canadian-based company engaged in the exploration, development and production of crude oil and natural gas.
NuVista Energy Ltd. (TSX:NVA) climbed up $0.41 (12.42%) to end at CS3.71 on 701K shares, compared to its average volume of 244 shares. NuVista Energy Ltd. (NuVista) is an independent oil and natural gas company engaged in the exploration for, and the development, production and acquisition of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan.
ALLANA POTASH CORP (TSX:AAA) shares added 0.060 (10.71%) to close at C$0.620 after the company said it has received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
The Westaim Corporation (TSX:WED) price increased by $0.050 (7.35%) to close at C$0.730 after Intact Financial agreed to purchase from the Company all of the issued and outstanding shares in the capital of JEVCO Insurance Company for $530 million in cash. The Westaim Corporation, incorporated on May 7, 1996, is a Canada-based financial services holding company that invests directly and indirectly through acquisitions, joint ventures and other arrangements.
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Wednesday's NASDAQ Top Percentage Winners: SMSC, PZZA, WWWW, RLOC
New York, NY - May 3, 2012 - www.InvestorIdeas.com, a global investor
research portal for independent investors, reports on top percentage
gainers on the NASDAQ for Wednesday, May 02. The Nasdaq Composite jumped
9.41 (0.31%) to close at 3,058.85.
Standard Microsystems Corporation (NASDAQ:SMSC) soared $10.17 (38.76%) to close at $36.43 after Micron Technology, Inc. (NASDAQ:MU) reached an agreement to acquire the company for about $939 million or $37 a share, a 41% premium to its Tuesday closing price of $26.24. Shares of SMSC made a 52-week high of $36.60 earlier in the session.
Papa John's Int'l, Inc. (NASDAQ:PZZA) rose $7.87 (19.93%) to end at $47.36 after the company lifted its full-year outlook. The company now expects to earn $2.40 to $2.50 a share, up from its earlier forecast of $2.33 to $2.43 per share, ahead of analysts' estimates of $2.36 per share. For the first quarter, the company reported net income of $16.7 million, or 69 cents per share, up from a year ago profit of $16.4 million, or 64 cents per share. Excluding some costs, the company would have earned 79 cents a share. Quarterly revenue grew 6% to $331.3 million.
Web.com Group, Inc. (NASDAQ:WWWW) shares edged up $2.49 (19.36%) to close at $15.35 after the company said that it lost $29.7 million or 65 cents per share on revenue of $91.5 million in its first quarter, compared to a year ago loss of $5.7 million, or 21 cents on revenue of $39.4 million. Moreover, the stock made a 52-week high of $19.43 earlier in the session.
ReachLocal Inc. (NASDAQ:RLOC) added $1.30 (17.26%) to finish at $8.83 as the company reported a better-than-estimated first quarter earnings. The company reported a net loss of 1 million or 3 cents, down from a year ago loss of $2.67 million or 9 cents a share, ahead of analysts' forecast of a loss of 6 cents a share. Revenue during the quarter grew to 24% to $104 million, from $84 million a year ago.
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Standard Microsystems Corporation (NASDAQ:SMSC) soared $10.17 (38.76%) to close at $36.43 after Micron Technology, Inc. (NASDAQ:MU) reached an agreement to acquire the company for about $939 million or $37 a share, a 41% premium to its Tuesday closing price of $26.24. Shares of SMSC made a 52-week high of $36.60 earlier in the session.
Papa John's Int'l, Inc. (NASDAQ:PZZA) rose $7.87 (19.93%) to end at $47.36 after the company lifted its full-year outlook. The company now expects to earn $2.40 to $2.50 a share, up from its earlier forecast of $2.33 to $2.43 per share, ahead of analysts' estimates of $2.36 per share. For the first quarter, the company reported net income of $16.7 million, or 69 cents per share, up from a year ago profit of $16.4 million, or 64 cents per share. Excluding some costs, the company would have earned 79 cents a share. Quarterly revenue grew 6% to $331.3 million.
Web.com Group, Inc. (NASDAQ:WWWW) shares edged up $2.49 (19.36%) to close at $15.35 after the company said that it lost $29.7 million or 65 cents per share on revenue of $91.5 million in its first quarter, compared to a year ago loss of $5.7 million, or 21 cents on revenue of $39.4 million. Moreover, the stock made a 52-week high of $19.43 earlier in the session.
ReachLocal Inc. (NASDAQ:RLOC) added $1.30 (17.26%) to finish at $8.83 as the company reported a better-than-estimated first quarter earnings. The company reported a net loss of 1 million or 3 cents, down from a year ago loss of $2.67 million or 9 cents a share, ahead of analysts' forecast of a loss of 6 cents a share. Revenue during the quarter grew to 24% to $104 million, from $84 million a year ago.
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Wednesday, May 02, 2012
Gold and Mining Stocks News Alert: Barrick Gold (NYSE:ABX) (TSX:ABX) Announces 33% Dividend Increase
All figures in US dollars
TORONTO, ONTARIO - May 2, 2012 (Investorideas.com Mining stocks newswire) Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) today announced that, consistent with its practice of paying a progressive dividend, the Board of Directors has authorized a quarterly dividend of US20 cents per share, which represents a 33% increase from the previous dividend.
Barrick's strong earnings and operating cash flows, combined with its positive outlook on the gold price, enables the Company to continue to make high return investments in its project pipeline and also increase its dividend. Over the last six years, Barrick has had a consistent track record of progressively returning more capital to shareholders, increasing its dividend by more than 260%(1) on a quarterly basis(2).
The quarterly dividend is payable on June 15, 2012 to shareholders of record at the close of business on May 31, 2012.
Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information contained in this press release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Barrick to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: changes in the worldwide price of gold, copper or certain other commodities (such as silver, fuel and electricity); operating or technical difficulties in connection with mining or development activities; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; and changes in costs and estimates associated with our projects. Certain of these factors are discussed in greater detail in the Company's most recent Form 40-F/Annual Information Form on file with the U.S. Securities and Exchange Commission and Canadian provincial securities regulatory authorities.
The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
(1) Calculated based on converting the 2006 semi-annual dividend of US11 cents per share to a quarterly equivalent.
(2) The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board.
Contact Information
INVESTOR CONTACT: Greg Panagos
Senior Vice President
Investor Relations and Communications
(416) 309-2943
gpanagos@barrick.com
TORONTO, ONTARIO - May 2, 2012 (Investorideas.com Mining stocks newswire) Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) today announced that, consistent with its practice of paying a progressive dividend, the Board of Directors has authorized a quarterly dividend of US20 cents per share, which represents a 33% increase from the previous dividend.
Barrick's strong earnings and operating cash flows, combined with its positive outlook on the gold price, enables the Company to continue to make high return investments in its project pipeline and also increase its dividend. Over the last six years, Barrick has had a consistent track record of progressively returning more capital to shareholders, increasing its dividend by more than 260%(1) on a quarterly basis(2).
The quarterly dividend is payable on June 15, 2012 to shareholders of record at the close of business on May 31, 2012.
Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information contained in this press release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Barrick to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: changes in the worldwide price of gold, copper or certain other commodities (such as silver, fuel and electricity); operating or technical difficulties in connection with mining or development activities; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; and changes in costs and estimates associated with our projects. Certain of these factors are discussed in greater detail in the Company's most recent Form 40-F/Annual Information Form on file with the U.S. Securities and Exchange Commission and Canadian provincial securities regulatory authorities.
The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
(1) Calculated based on converting the 2006 semi-annual dividend of US11 cents per share to a quarterly equivalent.
(2) The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board.
Contact Information
INVESTOR CONTACT: Greg Panagos
Senior Vice President
Investor Relations and Communications
(416) 309-2943
gpanagos@barrick.com
TSX Stocks to Watch; Tuesday's Top Gainers: (TSX: HS), (TSX: CHH), (TSX: AAV), (TSX:ML)
New York, NY - May 2, 2012 - www.InvestorIdeas.com, a leader in
sector research for independent investors issues a trading alert for TSX
percentage gainers for May 01, 2012. The Standard & Poor's/ TSX
Composite Index gained 40.10 (0.33%) to close at 12,332.79.
HSE Integrated Ltd. (TSX:HSL) soared $0.63 (55.75%) to close at C$1.76 on news it will be acquired by DXP Enterprises Inc. for C$1.80 a share, or about C$84 million. The stock made a new 52-week high of $1.78.
Centric Health Corporation (TSX:CHH) extended its uptrend gaining $0.20 (22.22%) to close at C$1.10 on 347K shares, compared to its average volume of 221K shares. without any official news. The stock has jumped over 35% over the past week.
Advantage Oil & Gas Ltd. (TSX:AAV) shares climbed up$0.32 (10.32%) to end at C$3.42 on above average volume of 1.40 million shares, compared to its 30-day average volume of 601K shares. The company reached an agreement with Longview Oil Corp. (TSX:LNV) to sell 8.30 million shares of Longview owned by Advantage to a syndicate of underwriters led by RBC Capital Markets and FirstEnergy Capital Corporation at a price of $9.00 per share .
Mercator Minerals, Ltd. (TSX:ML) moved up$0.12 (10.08%) to close at C$1.31 with more than 1.76 million shares trading , compared to its average volume of 1.22 million shares. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.
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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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HSE Integrated Ltd. (TSX:HSL) soared $0.63 (55.75%) to close at C$1.76 on news it will be acquired by DXP Enterprises Inc. for C$1.80 a share, or about C$84 million. The stock made a new 52-week high of $1.78.
Centric Health Corporation (TSX:CHH) extended its uptrend gaining $0.20 (22.22%) to close at C$1.10 on 347K shares, compared to its average volume of 221K shares. without any official news. The stock has jumped over 35% over the past week.
Advantage Oil & Gas Ltd. (TSX:AAV) shares climbed up$0.32 (10.32%) to end at C$3.42 on above average volume of 1.40 million shares, compared to its 30-day average volume of 601K shares. The company reached an agreement with Longview Oil Corp. (TSX:LNV) to sell 8.30 million shares of Longview owned by Advantage to a syndicate of underwriters led by RBC Capital Markets and FirstEnergy Capital Corporation at a price of $9.00 per share .
Mercator Minerals, Ltd. (TSX:ML) moved up$0.12 (10.08%) to close at C$1.31 with more than 1.76 million shares trading , compared to its average volume of 1.22 million shares. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.
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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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