TOR Minerals International, Inc. secured a waiver for non-compliance with certain covenants set forth in its US Credit Facility with Bank of America on August 14, 2008. As previously disclosed, as of June 30, 2008, the company was in technical violation of certain coverage ratios in its long-term credit facility.
Pursuant to one of the provisions [...]

Jura Energy Corporation announce the drilling of the Kandra 4D well commenced on August 16, 2008 at 11:30 am local time. The target depth of the well is 2,350 meters, which will allow for the evaluation of three separate geological horizons that have been identified as prospective hydrocarbon bearing formations.
The Kandra 4D well is the [...]

Transmeridian Exploration Incorporated and its wholly-owned subsidiary Transmeridian Exploration Inc. announced that they have extended the consent payment deadline and expiration time with respect to their exchange offer and concurrent solicitation of consents to amend the indenture governing TMEI’s 12% Senior Secured Notes due 2010 (the “Existing Notes”) (CUSIP Nos.: 89376NAC2, 89376NAA6, 89376NAB4, [...]

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted an unreserved public auction on August 15, 2008 in Las Vegas with auction proceeds in excess of US$30 million. More than US$29 million of trucks and equipment (representing 95 percent of the total gross auction proceeds) was sold to buyers from outside the state of Nevada [...]

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been named the winner of the 2008 Frost & Sullivan Asia Pacific Industrial Technologies Award for Asia Pacific Safety Systems Company of the Year.
The annual award recognizes outstanding performances by companies in the electronics, industrial automation, process control, energy [...]

Fortuna Silver Mines Inc. and Continuum Resources Ltd. announce that an agreement has been reached whereby Fortuna will acquire all of the issued and outstanding securities of Continuum. The shares of both companies are listed on the TSX Venture Exchange.
The companies currently hold jointly the San Jose Project in Mexico (Fortuna 76%; Continuum 24%). As [...]

Mar Ked Mineral Exploration, Inc. announces that it has changed its name to North American Energy Resources, Inc. The name change was effected to complement the business of its wholly-owned subsidiary, North American Exploration, Inc.
The name change is effective August 15, 2008. Additionally, a corresponding symbol change will become effective August 15, 2008. The [...]

GoldSpring, Inc. announced that it has executed binding Letters of Intent to purchase properties in Nevada’s Comstock Lode Mining District, further consolidating its position as the largest mineral rights holder in the area. Some of the properties the Company is acquiring have previously produced significant amounts of gold and silver.
The Company has entered into agreements, [...]