Orvana Completes 2009 Drill Program at Copperwood Project in Michigan
Orvana Minerals Corp.announced today that it has completed an 82-hole, 13,000-metre drill program and received assays for the first 23 holes at its Copperwood Project in Michigan. Orvana also has hired two key management personnel to assist in advancing the Copperwood Project.”This drilling has adequately delineated the deposit and we plan to provide a resource estimate early in 2010,” said Bill Williams, VP Corporate Development. “Given the favourable results to date, we have hired two experienced professionals to advance Copperwood’s engineering studies and to manage public policy matters. Read more
Gen2Media Green HD Creates Richer Concert
Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such .Whether it’s a band that plays face-shredding metal, or a concert call with an 80-piece orchestra, an increasing number of live shows are taking advantage of innovations in display technologies like Gen2Media’s Gen2Media Green HD to increase the visual impact of their performances and make sure that even fans in the nosebleeds still see a great show. Read more
Versatile Announces Investment in Equus
VANCOUVER, CANADA-Versatile Systems Inc., announces that the Company, through a wholly owned U.S. subsidiary , has acquired an 8.3% position in Equus Total Return, Inc. for U.S. $2.4 million.
The Company filed a Schedule 13D today with the U.S. Securities and Exchange Commission and under item 4 for the “Purpose of Transaction” stated:
The Reporting Persons purchased the shares of Common Stock reported herein based on the Reporting Persons’ belief that the Common Stock at current market prices are undervalued and represent an attractive investment opportunity. Read more
PetroBakken Completes Plan of Arrangement With TriStar
CALGARY, ALBERTA-PetroBakken Energy Ltd., Petrobank Energy and Resources Ltd., and TriStar Oil & Gas Ltd. are pleased to announce the closing of the plan of arrangement whereby the companies have completed a strategic combination of TriStar and Petrobank’s Canadian Business Unit. The combination has resulted in PetroBakken, a new publicly listed company, that is a premier, Bakken-focused, light oil exploration and production company. It is anticipated that the PetroBakken shares will commence trading on the Toronto Stock Exchange under the symbol “PBN”, on or about October 6, 2009. Read more
Luiri Gold Commences Drilling at Luiri Hill Gold Project and Appoints New Directors
TORONTO, CANADA– Luiri Gold Limited is pleased to report progress towards its goal of developing a mine on its Luiri Hills advanced project where gold resources of 656,000 ounces of inferred plus 144,000 ounces of indicated, have been delineated to date. Since the successful completion of the placement of CDN $2.63 million with Lachlan Star announced in the Press Release on the 18 August 2009, Luiri Gold wishes to announce the following developments:
- The start of a 9,500m drilling programme aimed both at increasing and upgrading existing resources and testing the recently discovered drilling targets. Read more
Centerra Gold Reports First Quarter Results
ONTARIO (This news release contains forward-looking information that is subject to the risk factors and assumptions set out on page 10 and in our Cautionary Note Regarding Forward-looking Information on page 14. All figures are in United States dollars).
Centerra Gold Inc. today reported a first quarter net loss of $20.3 million or $0.09 per common share based on revenues of $98.4 million compared to earnings before unusual items of $23.7 million or $0.11 per common share on revenues of $112.7 million in the same quarter of last year. Read more
