KELOWNA, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/10/12 -- STRATHMORE MINERALS CORP. ("Strathmore" or "the Company") (TSX: STM)(OTCQX: STHJF) is pleased to announce that further to its press release dated January 31 2012, regarding the strategic Definitive Agreement with Korea Electric Power Corporation ("KEPCO"), the common share private placement with KEPCO has been completed. KEPCO acquired 14,586,182 common shares of Strathmore at C$0.55 per share for total gross proceeds of US $8 million. Proceeds will be used to fund the Phase I exploration, development, and permitting of the Company's Gas Hills Uranium properties in Wyoming, in accordance with the program and budget plans for 2012.
All securities issued pursuant to the Private Placement are subject to a four month hold period expiring on June 11, 2012. With completion of this Private Placement, KEPCO is now Strathmore's largest shareholder with an approximate 14% interest in the Company.
STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX under the symbol "STM" and trade on the OTCQX International electronic trading system in the United States under the symbol "STHJF".
Korea Electric Power Corporation (KEPCO) is a Korean government-invested diversified energy company with over US$120 billion in assets. The company is involved in the generation, transmission and distribution of electrical power from nuclear, hydro, coal, oil and LNG sources worldwide. Korea Electric Power provides electricity to almost all households in Korea and operates 21 nuclear power plants in the country with seven more under development. The company has over 46,000 employees and is listed on the Korean Stock Exchange and the New York Stock Exchange. (www.kepco.co.kr)
This news release contains "forward-looking information" that is based on Strathmore Minerals Corp.'s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to the Phase I exploration and development and permitting plans for the Gas Hills properties; The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Strathmore's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the outcome of the Phase I and Phase II exploration and development programs; the historical resource estimates; changes in economic conditions or financial markets; changes in input prices; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Strathmore Minerals Corp. disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
ON BEHALF OF THE BOARD
David Miller, CEO
Contacts: Strathmore Minerals Corp. Craig Christy Investor Relations 1-800-647-3303 info@strathmoreminerals.com www.strathmoreminerals.com
Source: Strathmore Minerals Corp.
TORONTO, ONTARIO -- (MARKET WIRE) -- 02/10/12 -- BMO Financial Group employees now have two more day care centre options, with the opening of new Kids and Company centres in Edmonton and Calgary this week. The service is part of a nationwide arrangement that the bank has in place with Kids and Company.
The facilities are provincially licensed, employ 40 teachers, and have space for more than 180 children from infants up to 12 year olds.
These services are available to BMO employees through 40, and soon to be 50, locations operated by Kids and Company across Canada.
Through this partnership, BMO provides its employees with 10 days of emergency Back-up Day Care a year. This service helps busy working parents when the unexpected happens and their regular child care arrangements fall through.
In addition, the partnership provides BMO employees with guaranteed access to regular day care spaces at any Kids and Company location. While BMO covers the cost of the emergency Back-up Day Care, employees pay their own regular day care fees.
"It makes good business sense to provide these options for our employees, says Gabriella Zillmer, Senior Vice President of Human Resources at BMO We have a diverse multi-generational workforce, so we need a diverse range of benefits to meet their different needs. For our working parents, we want to give them flexible, high-quality options that help them achieve a true work-life balance.
"Ten days of emergency day care provides our employees with the peace of mind that they can access safe and healthy day care if their other child care arrangements fall through for some reason. The additional benefit of guaranteed access to a regular day care spot is highly valued by employees who might otherwise have difficulty finding a space at all in a regulated day care facility."
Zillmer, whose company was recently recognized as one of Canada's Top 10 Employers by the National Post, said BMO has an excellent reputation as an employer of choice and has been very successful at attracting talented employees to help the bank execute its vision to be the bank that defines great customer experience. "Providing a valued and flexible suite of relevant employee benefits is just one more way that BMO tries to create a supportive work environment that is conducive to our employees' success.
Current Kids and Company locations available to BMO employees
(multiple locations in some cities)
-- Calgary, AB -- Edmonton, AB -- Richmond, BC -- Vancouver, BC -- Winnipeg, MN -- Dartmouth, NS -- Halifax, NS -- Ajax, ON -- Aurora, ON -- Burlington, ON -- Etobicoke, ON -- Kanata, ON -- Kingston, ON -- London, ON -- Mississauga, ON -- Niagara Falls, ON -- North York,, ON -- Oakville, ON -- Ottawa, ON -- Scarborough, ON -- Toronto, ON -- Waterloo, ON -- Woodridge, ON -- Montreal, QC
More locations are coming soon to:
-- Edmonton, AB -- Hamilton, ON -- Markham, ON -- Toronto, ON -- Vancouver, BC -- Victoria, BC -- Winnipeg, MN
Contacts: Media Contacts: Ralph Marranca, Toronto (416) 867-3996 ralph.marranca@bmo.com Carol Greene, Toronto (416) 867-3996 carol.greene@bmo.com Sarah Bensadoun, Montréal (514) 877-8224 sarah.bensadoun@bmo.com Laurie Grant, Vancouver (604) 665-7596 laurie.grant@bmo.com Web: www.bmo.com Twitter: @BMOmedia
Source: BMO Financial Group
TORONTO, ONTARIO--(Marketwire - Feb. 10, 2012) - BMO Financial Group employees now have two more day care centre options, with the opening of new Kids and Company centres in Edmonton and Calgary this week. The service is part of a nationwide arrangement that the bank has in place with Kids and Company.
The facilities are provincially licensed, employ 40 teachers, and have space for more than 180 children from infants up to 12 year olds.
These services are available to BMO employees through 40, and soon to be 50, locations operated by Kids and Company across Canada.
Through this partnership, BMO provides its employees with 10 days of emergency Back-up Day Care a year. This service helps busy working parents when the unexpected happens and their regular child care arrangements fall through.
In addition, the partnership provides BMO employees with guaranteed access to regular day care spaces at any Kids and Company location. While BMO covers the cost of the emergency Back-up Day Care, employees pay their own regular day care fees.
"It makes good business sense to provide these options for our employees, says Gabriella Zillmer, Senior Vice President of Human Resources at BMO We have a diverse multi-generational workforce, so we need a diverse range of benefits to meet their different needs. For our working parents, we want to give them flexible, high-quality options that help them achieve a true work-life balance.
"Ten days of emergency day care provides our employees with the peace of mind that they can access safe and healthy day care if their other child care arrangements fall through for some reason. The additional benefit of guaranteed access to a regular day care spot is highly valued by employees who might otherwise have difficulty finding a space at all in a regulated day care facility."
Zillmer, whose company was recently recognized as one of Canada's Top 10 Employers by the National Post, said BMO has an excellent reputation as an employer of choice and has been very successful at attracting talented employees to help the bank execute its vision to be the bank that defines great customer experience. "Providing a valued and flexible suite of relevant employee benefits is just one more way that BMO tries to create a supportive work environment that is conducive to our employees' success.
Current Kids and Company locations available to BMO employees
(multiple locations in some cities)
-- Calgary, AB -- Edmonton, AB -- Richmond, BC -- Vancouver, BC -- Winnipeg, MN -- Dartmouth, NS -- Halifax, NS -- Ajax, ON -- Aurora, ON -- Burlington, ON -- Etobicoke, ON -- Kanata, ON -- Kingston, ON -- London, ON -- Mississauga, ON -- Niagara Falls, ON -- North York,, ON -- Oakville, ON -- Ottawa, ON -- Scarborough, ON -- Toronto, ON -- Waterloo, ON -- Woodridge, ON -- Montreal, QC
More locations are coming soon to:
-- Edmonton, AB -- Hamilton, ON -- Markham, ON -- Toronto, ON -- Vancouver, BC -- Victoria, BC -- Winnipeg, MN
FOR FURTHER INFORMATION PLEASE CONTACT:
Media Contacts:
Ralph Marranca, Toronto
(416) 867-3996
ralph.marranca@bmo.com
Carol Greene, Toronto
(416) 867-3996
carol.greene@bmo.com
Sarah Bensadoun, Montréal
(514) 877-8224
sarah.bensadoun@bmo.com
Laurie Grant, Vancouver
(604) 665-7596
laurie.grant@bmo.com
Web: www.bmo.com
Twitter: @BMOmedia
Source: BMO Financial Group
KELOWNA, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2012) - STRATHMORE MINERALS CORP. ("Strathmore" or "the Company") (TSX: STM)(OTCQX: STHJF) is pleased to announce that further to its press release dated January 31 2012, regarding the strategic Definitive Agreement with Korea Electric Power Corporation ("KEPCO"), the common share private placement with KEPCO has been completed. KEPCO acquired 14,586,182 common shares of Strathmore at C$0.55 per share for total gross proceeds of US $8 million. Proceeds will be used to fund the Phase I exploration, development, and permitting of the Company's Gas Hills Uranium properties in Wyoming, in accordance with the program and budget plans for 2012.
All securities issued pursuant to the Private Placement are subject to a four month hold period expiring on June 11, 2012. With completion of this Private Placement, KEPCO is now Strathmore's largest shareholder with an approximate 14% interest in the Company.
STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX under the symbol "STM" and trade on the OTCQX International electronic trading system in the United States under the symbol "STHJF".
Korea Electric Power Corporation (KEPCO) is a Korean government-invested diversified energy company with over US$120 billion in assets. The company is involved in the generation, transmission and distribution of electrical power from nuclear, hydro, coal, oil and LNG sources worldwide. Korea Electric Power provides electricity to almost all households in Korea and operates 21 nuclear power plants in the country with seven more under development. The company has over 46,000 employees and is listed on the Korean Stock Exchange and the New York Stock Exchange. (www.kepco.co.kr)
This news release contains "forward-looking information" that is based on Strathmore Minerals Corp.'s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to the Phase I exploration and development and permitting plans for the Gas Hills properties; The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Strathmore's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the outcome of the Phase I and Phase II exploration and development programs; the historical resource estimates; changes in economic conditions or financial markets; changes in input prices; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Strathmore Minerals Corp. disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
ON BEHALF OF THE BOARD
David Miller, CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Strathmore Minerals Corp.
Craig Christy
Investor Relations
1-800-647-3303
info@strathmoreminerals.com
www.strathmoreminerals.com
Source: Strathmore Minerals Corp.
SEATTLE, WA -- (MARKET WIRE) -- 02/10/12 -- Washington Federal (NASDAQ: WFSL) is pleased to announce that Brent Beardall, Chief Financial Officer, has been selected as a finalist for this year's CFO of the Year Award sponsored by the Puget Sound Business Journal. This honors the top financial strategists in Washington in five categories based on the company type -- small or large private, small or large public, and nonprofit organization.
The winner for each category will be publicly announced Wednesday, March 7 at an awards dinner to be held at Benaroya Hall in Seattle.
Washington Federal operates 166 offices in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico. Established in 1917, the Company provides residential real estate loans, commercial real estate financing, consumer deposit accounts and business banking. On December 31, 2011, the Company reported $13.6 billion in assets, $8.9 billion in deposits and $1.9 billion in stockholders' equity.
To find out more about the Company, please visit our website. The Company uses its website to distribute financial and other material information about the Company, which is routinely posted on and accessible at www.washingtonfederal.com.
Source: Washington Federal
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