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Set Up E-mail Alerts For Press Releases » RSS Feed For Press Releases »NEWARK, Del.--(BUSINESS WIRE)-- Penny Stock Chaser is pleased to report that the company's ranking on Alexa keeps climbing steadily. Penny Stock Chaser soars to rank of 189,774 on Alexa.
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Penny Stock Chaser is an independent electronic publication that provides information on selected publicly traded companies. PennyStockChaser.com is not a registered investment advisor or broker-dealer. PennyStockChaser.com's affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.
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LAS VEGAS--(BUSINESS WIRE)-- Bergamo Acquisition Corp. (Pink Sheets: BGMO) is proud to announce that Hillard Herzog will leave this week for Pakistan and Hong Kong to close on the $1.5 Billion USD funding agreement for three Pakistani energy projects previously announced. Mr. Herzog will then travel to Karachi, Pakistan, for a meeting scheduled on July 14, 2009 at 10:00 a.m. with Pakistani government officials. He will sign the final documents related to the Pakistani energy projects. Mr. Herzog will then immediately travel to Hong Kong to sign final documents associated with the transaction. Funds are to be released by the lender once the documents are signed in Hong Kong. The company previously announced that documents would be delivered to Singapore; however, the lender will receive the final documents in Hong Kong. Travel to Singapore will not be a necessary part of this transaction and will not take place.
Hillard Herzog commented on the closing of the transaction, "I am very pleased that we are now only days away from concluding this transaction. Clearly, the people of Pakistan will benefit greatly from these clean energy projects. We are proud at Bergamo to be a part of such an important series of projects for Pakistan. I know our shareholders hold the same pride that I do."
Certain statements contained in this document may constitute "forward-looking statements". When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable, that: (i) Bergamo E&A will successfully develop power projects in Pakistan. Such statements or information reflect Bergamo E&A's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Forward-looking statements and information 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. Many factors could cause Bergamo E&A's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo E&A files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.
Source: Bergamo Acquisition Corp.
HELSINKI, FINLAND -- (MARKET WIRE) -- 07/06/09 -- Metso Corporation's company release on July 6, 2009 at 1:00 p.m.
Metso has signed a contract with the Chinese Zhanjiang Chenming Pulp & Paper Co., Ltd., for the supply of the world's largest fine paper production line to the company's greenfield pulp and paper mill in Zhanjiang, Guangdong province, China. The total value of the order is approx. EUR 130 million. The new paper line order is included in Paper and Fiber Technology's Q3 orders received. At the same time Metso has agreed with the customer that the pulp mill order which Metso was awarded in Q3/2008 will be cancelled.
The new fine paper line will be taken into use in the first quarter of 2011. The delivery will include a complete paper making line for woodfree uncoated fine paper from headbox to reel as well as two winders. The wire width of the paper machine is 11,150 mm.
Zhanjiang Chenming is part of Shandong Chenming Paper Holdings Limited, one of the biggest paper producers in China. In 2008, the company's paper production capacity was over 3 million tons, turnover over EUR 2 billion and the number of employees approx. 17,000.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 28,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact: Bertel Langenskiöld, President, Paper and Fiber Technology, Metso, tel. +358 400 813 860 Further information for investors, please contact: Marja Kortesalo, Investor Relations Manager, Metso, tel. +358 20 484 3211
Metso Corporation Olli Vaartimo Executive Vice President and CFO Kati Renvall Vice President, Group Communications Distribution: NASDAQ OMX Helsinki Ltd Media www.metso.com
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Copyright © Hugin AS 2009. All rights reserved.
PERTH, AUSTRALIA -- (MARKET WIRE) -- 07/06/09 -- Bannerman Resources Limited (ASX: BMN)(TSX: BAN)(NSX: BMN) ("Bannerman"), an Australian-based uranium development and exploration company, is pleased to announce further encouraging drilling results at the Oshiveli and Onkelo Prospects within the Etango Uranium Project in Namibia, southern Africa.
Highlights include:
- Results from an additional 43 reverse circulation ("RC") drillholes along strike at both prospects have confirmed extensions of multiple broad mineralised zones generally close to or directly from surface. Significant results include:
-------------------------------------------------- Downhole Interval Grade From Depth (m) (ppm U3O8) (m downhole) -------------------------------------------------- 103 237 12 Including 21 526 41 13 279 32 20 348 11 12 286 15 27 350 175 57 325 120 42 451 66 11 413 93 --------------------------------------------------
- Drilling further extends the known strike length of mineralisation at Oshiveli and Onkelo to the north and south respectively. Mineralisation remains open between the two prospects and also at depth.
- Resource extension drilling at Oshiveli and Onkelo is continuing (167 RC drillholes have been completed to date) and further results will be reported in due course.
- Previously reported drilling results from these areas are currently being incorporated into a resource update for the Etango Project which is planned to be released to the market before the end of July.
Bannerman CEO Len Jubber said: "These new results raise the potential for further increases in the already substantial resource estimate for the Etango Project. The continued success in delineating broad areas of shallow uranium mineralisation is consistent with the fact that 70% of the current resource estimate occurs within 200 metres of the surface."
About Bannerman - Bannerman Resources Limited is an emerging uranium development company with interests in two properties in Namibia, a southern African country considered to be a premier uranium mining jurisdiction. Bannerman's principal asset is its 80%-owned Etango Project situated southwest of Rio Tinto's Rossing uranium mine and to the west of Paladin Energy's Langer-Heinrich uranium mine. Etango is one of the world's largest undeveloped uranium deposits. Bannerman is focused on the feasibility assessment and development of a 5-7 million pounds per annum U3O8 open pit mining operation at Etango. More information is available on Bannerman's website at www.bannermanresources.com.au.
Introduction
Previous drilling at the Oshiveli and Onkelo Prospects identified multiple broad mineralised zones close to or directly from surface within the host alaskite bodies. The assays returned from the latest round of drilling at both prospects have confirmed the extension of these multiple broad mineralised zones. The Oshiveli and Onkelo Prospects are interpreted to be a 3 km northern extension to the primary Anomaly A deposit (refer Figure 1 below).
To view Figure 1: Prospect Locations within the Etango Project Area, please click on the link provided below:
http://media3.marketwire.com/docs/CLM_Figure_1.pdf
Drilling Program
Since the February 2009 resource update for the Etango Project, Bannerman has completed 70 RC drillholes for 15,725 metres at Oshiveli and 64 RC drillholes for 13,796 metres at Onkelo. Further to the drill results released in the March quarter activities report and May 20, 2009 news release, chemical assays for 43 RC drillholes have been received which confirm along-strike extensions of broad mineralised zones. The drillhole collar locations and selected intercepts are shown below in Figure 2, with the intercepts tabulated in Appendices 1 and 2 of the full version of this news release which can be found on Bannerman's website at www.bannermanresources.com.
To view Figure 2: Oshiveli and Onkelo drillhole positions and selected intercepts, please click on the link below:
http://media3.marketwire.com/docs/CLM_Figure_2.pdf
Figure 3 below is a graphical presentation of the individual one metre assays comprising the reported 103 metre intercept at an average grade of 237 ppm U3O8 in vertical drillhole GSHRC0083 at Oshiveli. As shown, this intercept includes a sub-intercept of 21 metres at 526 ppm U3O8 and a peak assay of 1,117 ppm U3O8.
To view Figure 3: One metre assays from a portion of the reported 103 metre intercept in drillhole GSHRC0083 (Oshiveli), please click on the link below:
http://media3.marketwire.com/docs/CLM_Figure_3.pdf
Two RC drilling rigs and two diamond drilling rigs will continue to operate at the Oshiveli and Onkelo Prospects with the aim of further extending the known mineralised zones along strike and down dip.
Mineral Resource
The current mineral resource estimate for the Etango Project, prepared as at February 2009, incorporates Anomaly A and the southern portion of the Oshiveli Prospect (refer the green outline in Figure 1), and comprises Indicated Mineral Resources of 195.5 million tonnes ("Mt") at an average grade of 207 ppm for 89.2 million pounds ("Mlbs") of U3O8, plus Inferred Mineral Resources of 87.0Mt at 195 ppm for 37.4Mlbs U3O8, reported at a cut-off grade of 100 ppm U3O8.
A new mineral resource estimate is now underway for the Anomaly A, Oshiveli and Onkelo areas incorporating previously reported drilling results. It is anticipated that this updated mineral resource estimate, including an inaugural estimate for Onkelo, will be available before the end of July 2009.
Most of the drilling results contained in this announcement will not form part of the July 2009 mineral resource update, as these results have been received after commencement of the mineral resource estimation process. These latest drilling results will however be incorporated in subsequent resource updates.
Regulatory Disclosures:
Bannerman Resources Limited ("Bannerman") manages its drilling and assaying activities in accordance with industry standard quality assurance/quality control (QA/QC) procedures. Samples are collected by Bannerman personnel and prepared in accordance with specified procedures at the relevant assay laboratories. The primary assay laboratory is SGS in Johannesburg Laboratory site reviews are undertaken. Assay QA/QC involves the use of assay standards (sourced from African Mineral Standards (AMIS) in Johannesburg, made from Bannerman pulp rejects and cross-checked through umpire laboratories for which the round robin reports are available), field duplicates, blanks and barren quartz flushes. A third party "umpire" laboratory (Genalysis in Perth) is used to cross-check and validate approximately 5% of the assay results in accordance with standard procedures. Sample coarse rejects are retained and approximately 5% of samples are re-submitted for further assay verification. All sample pulps are retained at a storage facility in Johannesburg and half-core and rock-chip samples are retained at site.
The information in this report that relates to the Mineral Resources of the Etango Project is based on a resource estimate completed by Mr Neil Inwood who is a full time employee of Coffey Mining Pty Ltd. Mr Inwood is a Member of The Australasian Institute of Mining and Metallurgy and has sufficient experience relevant to the style of mineralisation and types of deposits under consideration and to the activity which is being undertaken to qualify as Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves', and is an independent consultant to Bannerman Resources and a Qualified Person as defined by NI 43-101. Mr Inwood consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this report that relates to the exploration results of the projects owned by Bannerman Resources Ltd is based on information compiled by Mr Andrew Cunningham, who is a full time employee of Bannerman and/or its subsidiaries. Mr Cunningham is a Member of The Geological Society of South Africa, a Recognised Overseas Professional Organisation by the Australasian Joint Ore Reserves Committee, who has sufficient experience relevant to the style of mineralisation and types of deposits under consideration and to the activity which is being undertaken to qualify as Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and as a Qualified Person for purposes of National Instrument 43-101 of the Canadian Securities Administrators. Mr Cunningham consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Bannerman has not completed feasibility studies on its projects. Accordingly, there is no certainty that such projects will be economically successful. Mineral resources that are not ore reserves do not have demonstrated economic viability.
Certain disclosures in this report, including management's assessment of Bannerman Resources Ltd's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Bannerman's operation as a mineral development company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The following are important factors that could cause Bannerman's actual results to differ materially from those expressed or implied by such forward looking statements: fluctuations in uranium prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; general market conditions; the uncertainty of future profitability; and the uncertainty of access to additional capital. Full descriptions of these risks can be found in Bannerman's various statutory reports, including its Annual Information Form available on the SEDAR website, www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking statements. Bannerman Resources Ltd expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Contacts: Bannerman Resources Limited Perth, Western Australia Len Jubber, Chief Executive Officer +61 (0)8 9381 1436 admin@bannermanresources.com.au Bannerman Resources Limited Perth, Western Australia Peter Kerr, Chief Financial Officer +61 (0)8 9381 1436 www.bannermanresources.com.au Bannerman Resources Limited Toronto, Ontario, Canada Ann Gibbs, Investor Relations +1 416 388 7247 ann@bannermanresources.com www.bannermanresources.com Professional Public Relations Pty Ltd Perth, Western Australia David Tasker, Media Relations +61 (0)8 9388 0944 david.tasker@ppr.com.au Professional Public Relations Pty Ltd Perth, Western Australia Jasmine Green, Media Relations +61(0)433 112 936 jasmine.green@ppr.com.au
SAN JUAN CAPISTRANO, CA -- (MARKET WIRE) -- 07/06/09 -- BioCentric Energy Holdings, Inc.(PINKSHEETS: BEHL) provides corporate update for shareholders:
Dennis Fisher, CEO, BioCentric Energy Holdings, Inc. today announced:
The Target Date to implement the first run analysis of our Algae Pro closed loop Photobioreactor system located at the company's corporate location in San Juan Capistrano, California is Friday, July 10th, 2009.
Sensors and Monitoring Systems are now being installed by Mr. Dennis Shen to:
1. Monitor and add the necessary ingredients for maximum efficiency
2. Activate the necessary module to remove deficits from the system
3. Balance the PH level of the system automatically
4. Activate the necessary module to lower the temperature of the system
5. Define turbidity for optimum harvesting schedule
6. Remotely connect through wireless solution
7. Download all sensors to one software management solution
8. Provide 24/7 wireless camera solution for password protected gateway
9. Provide 24/7 access for all sensor readings via password protected gateway
Upon completion of the installations and satisfactory test results the company will be one of the first manufacturers of closed loop photobioreactor systems to incorporate this technology.
About BioCentric Energy Holdings, Inc.
BioCentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
VOD Newswire
View this release in video format -- http://vodnewswire.com
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Contact: Dale Baeten BioCentric Investor Relations Office: 920-273-7941 Website: www.biocentricenergy.com
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