Dryships Announces Day of 2010 Annual General Meeting of Shareholders

DryShips Inc., a global provider of marine transportation services for drybulk cargoes and offshore contract drilling services, today announced that the Annual General Meeting Shareholders will be held at the offices of the company located at 80 Kifissias Avenue, 15125, Amaroussion, Athens, Greece on Monday, 06.09.2010 at 13:00 Athens time.

The Board of Directors has established the close of trading on Monday, 19/07/2010 if the record date for determining shareholders of the right of communication to receive and vote at the Annual Meeting or interruptions or delay daarvan.

Notice of the meeting and the Company’s proxy statement will be sent to the shareholders of the Company in due course.

About DryShips Inc.
DryShips Inc., based in Greece, is an owner and operator of drybulk carriers and offshore
deep-water oil drilling that operate worldwide. From the date of this release, DryShips owns a fleet of 39 drybulk carriers (including new build) comprising 7 Capesize, 30 Panamax and 2 Supramax, with a combined capacity of more than 3.5 million tons, two ultra-deepwater semisubmersible drilling rigs and 4 new ultra-deepwater drill ships. Read more

Updated Research on Marathon Oil – Refineries in Troubled Waters

www.wallstreetequityresearch.com helps investors assess the oil and gas industry fundamentals and the study of the major changes companies like Marathon Oil Corp. and Valero Energy Corp. Register now covering www.wallstreetequityresearch.com order to receive free research on this oil refineries.

The weak U.S. economic recovery is affecting oil refineries in the U.S. although a number of refineries in the quarter are expected to deliver positive results after a series of quarterly losses almost one year. Fuel prices are surprisingly on a downward trend this summer crushed by petty questions, which resembles a direct indication that unemployment in the U.S. continues to weigh on the economy. The Energy Information Administration recently announced that U.S. oil refinery was in a freefall for the first time since 2003. This decrease in capacity can be mainly attributed to the closure of two refineries located in New Jersey and Delaware, which, respectively, Sunoco and Valero Energy. The isolation of these two refineries resulted in a combined capacity reduction amounting to a total of 327,000 bpd, which was however partially offset by the expansion of Marathon Oil Corp. (NYSE: MRO) refinery in Louisiana. Free entrance examination to Marathon Oil Corporation today by signing up http://wallstreetequityresearch.com/July162010MarathonOilCorporation (MRO) 160710.php Read more

Canexus to Hold Conference Call second quarter

Canexus Income Fund today announced that a conference call to discuss its second quarter on Friday to keep 30.07.2010 , at 10 pm ET.

Gary Kubera, President and CEO, and Richard McLellan, Senior Vice President Finance and CFO, will discuss financial results and performance for the period ending 06/30/2010. The results will be released the evening before the interview.

To access the call, dial 416-644-3416 or 1-800-814-4860. The conference call will be accessible via webcast at www.canexus.ca.

A replay of the conference call will be available from noon ET on July 30, 2010, until midnight ET, August 6, 2010. To access the replay, call 416-640-1917 or 1-877-289-8525, passcode 4331078 followed by #. Read more

Canacol Energy Ltd. announces closing of a $ 41.5 million convertible debenture offering Bought Deal

Canacol Energy Ltd. today announced it has closed its previously announced deal bought short form prospectus offering with a syndicate of insurers (the “Underwriters”) led by Canaccord Genuity Corp. and FirstEnergy Capital Corp., Cormark Securities Inc., Citigroup Global Markets Inc. Research Capital Corp. Canada and Mackie, under which the Underwriters purchased $ 41,500,000 principal amount of unsecured convertible bonds with an interest rate of 8.00% per year payable semi-annually on the last day of June and December, commencing on December 31, 2010 (the “Offer”). The bonds are convertible at the option of the holder into ordinary shares of the Company at any time prior to the expiration date and the day immediately preceding the date fixed by the Corporation for redemption at a conversion rate price of $ 1.0526 per common share, represented by the ratio of 950 ordinary shares per $ 1,000 principal amount of the bonds. The corporation has applied to the loans (including the underlying common stock issuable upon conversion list, redemption or maturity of the loan) on the TSX Venture Exchange. Trading will be subject to the corporation that meets all the requirements of the TSX Venture Exchange. Read more

Jinshan Gold Mines changed its name to China International Gold Resources Corp Ltd

Jinshan Gold Mines Inc. is pleased to announce that its name changed to China International Gold Resources Corp. Ltd. effective 07/19/2010. The new TSX symbol will be “CGG”. The name change was approved by the shareholders of the Company on 17 June 2010 at the annual general meeting of the Company. The name change shows full commitment and support of China National Gold Group Corporation (China National Gold “) to the company to serve as its international vehicle. China National Gold is the only company under the direct supervision of the Council of State in the PRC that focuses on the exploration, mining, gold smelting, refining, processing and sale of gold. China National Gold is the largest gold producer in the PRC by gold output (calculated on the total production of finished gold produced from mines and gold) and also has active operations in relation to other non-ferrous mineral assets. The company is also actively exploring business opportunities related to gold and non-ferrous projects. Further updates will be forthcoming in future press releases about the status of these developments.

As of 17 June 2010, Mr. Xiang Dong Jiang was chosen as a director of the Company. Mr. Jiang is also a management capacity as the vice-president of production. Read more

Close Corex private placement to Gammon Gold

Corex Gold Corp. is pleased to announce a part of the non-brokered private placement closed originally announced on July 8 2010 Gammon Gold Inc. pursuant to which (TSX: GAM) (NYSE: GRS) has acquired 4,706,000 units of the Company at a price of $ 0.68 per unit for proceeds of $ 3,200,080. Corex anticipates the conclusion of the placement of additional 1.694 million units, with other qualified investors next week for total proceeds of $ 4,352,000.

Each unit consists of one common share of the Company (a “common share”) and one half of one transferable common share purchase warrant (each whole warrant, a “Warrant”). Each warrant entitles the holder to exercise this right to purchase additional common shares at a price of $ 0.90 for a period of 24 months after completion of the Offering. All securities issued in connection with the private placement will be subject to a minimum of four months to keep time. After giving effect to the private placement will Gammon Gold owns approximately 12% of the issued and outstanding shares (approximately 14% on a fully diluted basis) of Corex. Under certain conditions, Gammon will be entitled to participate in any future funding from Corex to prevent dilution of its shareholdings. Peter Drobeck, Senior Vice President of Exploration and Business Development for Gammon, was chosen to sit on the Technical Board of Corex. Read more

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