VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/08/12 -- Skyline Gold Corporation (TSX VENTURE: SK) ("Skyline" or the "Company") is pleased to announce, further to the news release dated November 19, 2010, that it has completed the acquisition of the Inel property (the "Property" or "Inel") from St. Andrew Goldfields Ltd. in return for an amended final cash payment of $175,750 and 1,000,000 common shares valued at $0.175 per share.
The Inel property is contiguous with the Company's existing property and will increase the total tenure holdings to just over 25,000 hectares. The entire land position map is attached to this news release and is available for viewing on the Company website (www.skylinegold.com).
The Inel property adds 8,775 hectares of mineral tenure holdings which historic exploration has shown to have significant exploration potential with numerous gold, silver, and base metal occurrences.
John Zbeetnoff, CEO of Skyline, commented, "I am pleased to conclude this acquisition and add the Inel property to our land holdings. The compilation and interpretation of this property's historical exploration data will proceed as we explore the five priority targets already identified that are the primary focus of our 2012 exploration program. Our exploration group is advancing 2012 exploration plans, details of which will be released over the next several weeks."
On Behalf of the Board of Directors
Skyline Gold Corporation
John Zbeetnoff, Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Skyline Gold Corporation John Zbeetnoff CEO 604-681-3989 Skyline Gold Corporation Tony Perri Investor Relations, Manager 604-681-3989 604-681-3557 (FAX) info@skylinegold.com www.skylinegold.com
Source: Skyline Gold Corporation
NEW YORK--(BUSINESS WIRE)-- As part of its ongoing surveillance, Fitch Ratings affirms the outstanding notes of CarMax Auto Owner Trust 2010-1 as follows:
--Class A-3 at 'AAAsf'; Outlook Stable;
--Class A-4 at 'AAAsf'; Outlook Stable;
--Class B at 'AAsf'; Outlook to Positive from Stable;
--Class C at 'BBB+'; Outlook Positive.
The ratings are based on available credit enhancement and loss performance. The collateral pool continues to perform within Fitch's expectations. Under the credit enhancement structure, the securities are able to withstand stress scenarios consistent with the current ratings and make full payments to investors in accordance with the terms of the documents.
The revisions to the Positive Outlook for the class B and C notes reflect the possibility for positive rating actions in the next 12 to 18 months, as losses are tracking inside of initial expectations and credit support is expected to continue to increase. Fitch will continue to closely monitor this transaction and may take additional rating actions in the event of changes in performance and credit enhancement measures.
The ratings reflect the quality of CarMax Business Services, LLC retail auto loan originations, the strength of its servicing capabilities, and the sound financial and legal structure of the transaction.
Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and related research:
--'U.S. Auto Loan ABS Rating Criteria' (April 20, 2011);
--'Global Structured Finance Rating Criteria' (Aug. 4, 2011).
Applicable Criteria and Related Research:
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=646569
U.S. Auto Loan ABS Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=614367
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Fitch RatingsPrimary Analyst:Eugene Kushnir, +1-212-908-0830AnalystFitch, Inc.One State Street PlazaNew York, NY 10004orSecondary Analyst:Bradley Sohl, +1-312-368-3127Senior DirectororCommittee Chairperson:Du Trieu, +1-312-368-2091Senior DirectororMedia Relations:Sandro Scenga, New York, +1-212-908-0278sandro.scenga@fitchratings.com
Source: Fitch Ratings
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2012) - Skyline Gold Corporation (TSX VENTURE: SK) ("Skyline" or the "Company") is pleased to announce, further to the news release dated November 19, 2010, that it has completed the acquisition of the Inel property (the "Property" or "Inel") from St. Andrew Goldfields Ltd. in return for an amended final cash payment of $175,750 and 1,000,000 common shares valued at $0.175 per share.
The Inel property is contiguous with the Company's existing property and will increase the total tenure holdings to just over 25,000 hectares. The entire land position map is attached to this news release and is available for viewing on the Company website (www.skylinegold.com).
The Inel property adds 8,775 hectares of mineral tenure holdings which historic exploration has shown to have significant exploration potential with numerous gold, silver, and base metal occurrences.
John Zbeetnoff, CEO of Skyline, commented, "I am pleased to conclude this acquisition and add the Inel property to our land holdings. The compilation and interpretation of this property's historical exploration data will proceed as we explore the five priority targets already identified that are the primary focus of our 2012 exploration program. Our exploration group is advancing 2012 exploration plans, details of which will be released over the next several weeks."
On Behalf of the Board of Directors
Skyline Gold Corporation
John Zbeetnoff, Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Skyline Gold Corporation
John Zbeetnoff
CEO
604-681-3989
Skyline Gold Corporation
Tony Perri
Investor Relations, Manager
604-681-3989
Fax: 604-681-3557(FAX)
info@skylinegold.com
www.skylinegold.com
Source: Skyline Gold Corporation
IRVINE, CA -- (MARKET WIRE) -- 02/08/12 -- Burnham Gibson Financial Group, Inc., a full-service financial services firm based in Orange County, Calif., wrapped up 2011 with solid revenue and personnel growth and additional expansion planned for 2012. The company works synergistically with Burnham Benefits Insurance Services, each offering the other's product and service lines to complement its own. The strategic alignment allows both firms to offer the wide breadth of services found in larger institutions while maintaining a high level of expertise and personalized service.
"We aligned our businesses to offer clients a full suite of services addressing multiple financial needs, and the strategy is working incredibly well," says Darin Gibson, president of Burnham Gibson Financial Group. "An increased percentage of Burnham Benefits' clients are utilizing our pension consulting services, and we're gaining traction on executive benefit engagements. The partnership operates as a natural, seamless extension of both businesses. The momentum continues to build."
That momentum requires more office space and personnel for Burnham Gibson -- needs that will be addressed with an additional Los Angeles office and recruitment of both young talent and established consultants in L.A., San Francisco and San Diego. These moves follow a successful 2011, which produced 34% growth and included the addition of a dedicated professional in San Diego. The Orange County Business Journal (OCBJ) named Burnham Gibson the #18 Largest Financial Adviser in Orange County in 2011, and members of the company were featured in Investment Advisor, The Wall Street Transcript, "Unlock Your Wealth" radio, Wealth Briefing, Financial Advisor, Life Insurance Selling and Practical Tax Strategies Magazine.
Burnham Benefits is experiencing an equal measure of success. Burnham Benefits continues to acquire books of business and looks to hire as many as 10 additional consultants in 2012 to accommodate the 18% personnel growth, 22% revenue growth, and 100% staff retention it saw in 2011. The expansion went beyond the company's Irvine headquarters and now includes Los Angeles and East Coast corporate offices. This upward trajectory contributed to Burnham Benefits' being named in the small business category of the Best Places to Work in Orange County, a nomination for the OCBJ Women in Business issue and a ranking as the #19 Largest Insurance Broker in Orange County by OCBJ. The company has also appeared in IndustryWeek, OCBJ, Workforce Management, Los Angeles Times, California Broker, San Diego Business Journal, Bloomberg Law Reports and Employee Benefits Advisor.
Both firms are immersed in evolving regulatory environments, and consultants are committed to taking an active role in helping clients navigate the related issues and tackle each new challenge with real knowledge and experience. That means adjusting strategies ahead of change, not waiting for deadlines that can back clients into a corner. Burnham Benefits' seasoned professionals, for example, are well acquainted with healthcare reform and can handle fully and self-funded HRAs to HSAs as well as the associated charges. "As part of our strategic growth plan for 2012, we are actively acquiring books of business and talented professionals who complement and strengthen the organization," says Kristen Allison, president of Burnham Benefits. "Independent brokers are aligning with us because we have the resources of a large firm that allow brokers to maintain their sense of entrepreneurship. They trust us with their clients because we can handle things without bureaucracy. Our decision to align with Burnham Gibson is an excellent example of our ability to create opportunities without sacrificing client service."
Together, Burnham Gibson and Burnham Benefits have created a one-stop shop that handles all their clients' benefits, insurance and financial needs with industry-leading expert talent, a strong infrastructure and boutique-style customer service. The strategic alliance allows both firms to help fill a void in the local market for clients interested in taking an integrative approach to financial and insurance products and services.
About Burnham Gibson Financial Group, Inc.: Burnham Gibson helps corporate and individual clients accumulate wealth, manage risk and plan for the future. Based in Irvine, Calif., the robust, full-service financial services firm offers an unparalleled complement of best-in-class services to help provide for the full spectrum of clients' financial needs, and the needs of their workforces. Burnham Gibson currently offers financial and insurance services to more than 250 businesses and 2,000 individuals and advises on approximately $450 million in assets for corporate and individual clients. In 2010, the company partnered with Burnham Benefits Insurance Services to provide a comprehensive offering of integrated employee benefits solutions. The relationship allows both firms to leverage a larger organizational scale and depth of management, improving the quality and service they can provide for clients. For more information, visit www.burnhamgibson.com.
About Burnham Benefits Insurance Services: Based in Irvine, Calif., Burnham Benefits Insurance Services, Inc., is one of the largest employee benefits brokerages in Southern California and one of the few to specialize solely in employee benefits. Kristen Allison, President of Burnham Benefits and a 30-year industry veteran, acquired the firm in 1995 from John Burnham Insurance Services, an Orange County mainstay for more than 50 years. Boasting the in-depth industry knowledge and Fortune 500 resources of a large firm, Burnham Benefits prides itself on retaining the flexibility, creativity and consultative service of a boutique. After steady growth of 20% annually for the past 10 years, the company serves more than 280 corporate clients throughout the United States and manages more than $300 million in premiums. Working with its colleagues at Burnham Gibson Financial Group, and having the added expertise of an in-house underwriter, compliance officer, and communications specialists, Burnham Benefits provides an integrated approach to managing a client's full spectrum of employee benefits. The company has three offices in California: Irvine, Los Angeles and Santa Barbara; as well as offices in Oregon and the Washington, D.C. metro area. For more information, visit www.BurnhamBenefits.com.
Securities and investment advisory services offered through AXA Advisors, LLC (NY, NY 212-314-4600), member FINRA, SIPC. Annuity and insurance products offered through AXA Network Insurance Agency of California, LLC and its affiliates. Burnham Gibson Financial Group, Inc. is not a registered investment advisor and is not owned or operated by AXA Advisors or AXA Network. CFP® and CERTIFIED FINANCIAL PLANNER" are certification marks owned by the Certified Financial Planner Board of Standards, Inc. These marks are awarded to individuals who successfully complete the CFP Board's initial and ongoing certification requirements. Burnham Benefits Insurance Services is not affiliated with AXA Advisors or AXA Network.
Financial Professionals are contracted with AXA Advisors, LLC. AXA Advisors is an equal opportunity employer M/F/D/V
PPG 66628 (1/12)(Exp 1/14)
CONTACT: Leslie Licano Beyond Fifteen Communications 949-733-8679 leslie@beyondfifteen.com
Source: Burnham Gibson Financial Group & Burnham Benefits Insurance Services
AUSTIN, Texas, Feb. 8, 2012 Â /PRNewswire/ -- When it comes to insuring a spouse's or partner's body parts, Americans would go with the head or the heart.
(Logo: http://photos.prnewswire.com/prnh/20110210/DA46287LOGO)
A survey conducted on behalf of InsuranceQuotes.com by Harris Interactive indicates that cupid's arrow strays far from lips and smiles, butts, breasts, legs and other body parts that some celebrities have insured for millions of dollars. Among those in relationships, Americans say they would prefer to insure a spouse's or partner's brain (23 percent) or heart (22 percent) when asked to choose only one body part. The survey was conducted in January 2012 among 2,625 U.S. adults.
"Intelligence and emotion are two of the qualities that we look for most in our spouses and partners. The brain and the heart are very closely associated with those qualities. It makes perfect sense that Americans would want to protect the brain and heart of their Valentines," says John Egan, managing editor of InsuranceQuotes.com.
The survey asked: If you could insure only one body part of your spouse, significant other or partner, which of the following, if any, would you pick? Aside from the top two vote-getters (brain, heart), options included eyes, chest, hands, legs, teeth, lips, rear end and hair.
Among people in relationships, these are other body parts that they say they would single out to insure:
- None -- 23 percent.
- Eyes -- 8 percent.
- Chest -- 3 percent.
- Hands -- 3 percent.
- Legs -- 3 percent.
- Teeth -- 2 percent.
- Lips -- 2 percent.
- Rear end -- 2 percent.
- Hair -- 1 percent.
To read more about the survey, visit www.insurancequotes.com/body_parts_insurance.
Survey methodology
This survey was conducted online within the United States by Harris Interactive on behalf of InsuranceQuotes.com from Jan. 9-11, 2012, among 2,625 adults age 18 and older. This online survey is not based on a probability sample and, therefore, no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact John Egan at john.egan@insurancequotes.com.
About InsuranceQuotes.com
InsuranceQuotes.com provides consumers with a free, easy way to shop for and compare insurance quotes online, and delivers information about auto, home, health and life insurance and other types of insurance.
For more information, visit InsuranceQuotes.com.
InsuranceQuotes.com is part of Bankrate Insurance. Other Bankrate Insurance companies include NetQuote.com and InsureMe.com.
Media contactJohn Egan512-996-8663, ext. 110john.egan@bankrate.com
SOURCE InsuranceQuotes.com
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