A$17.8 Million Recommended Takeover Offer by Paladin Energy Ltd for Fusion Resources Limited

Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,... 

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Pala Commends Positive Steps Taken by Coalcorp

Pala Investments Holdings Limited commended the positive steps announced today by the board of directors of Coalcorp Mining Inc. to increase the independence and strength of the board. Coalcorp announced today that three of its current directors have resigned from the board and will be replaced immediately by two representatives of Pala, Jan Castro and Joseph Belan, and an independent director, Luis... 

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Pala Investments Acquires Strategic Interest in Dumas Contracting Ltd.

Dumas Contracting Ltd, one of Canada’s largest underground mining contractors, and Pala Investments Holdings Limited, an international investment company focused on the mining sector, announced today that they have reached an agreement whereby Pala will acquire a controlling interest in Dumas. Daniel Dumas will remain a significant shareholder, and President and CEO of the company. Commenting on... 

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Wallbridge Mining Initiates Drilling on Parkin Offset Dyke

Wallbridge Mining Company Limited announced that its $5 million joint venture with Impala Platinum Holdings Limited has received the necessary South African Reserve Bank approvals and drilling has been initiated on the Parkin Offset Dyke Properties in Sudbury, Ontario. Drilling has been started with two drills, and a total of over 8,000 metres of diamond drilling is planned between now and March 2009.... 

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Rockwell Recommends Shareholders Reject Hostile Pala Bid

Rockwell Diamonds Inc. announced that its Board of Directors, based on the recommendation of its Special Committee of independent directors, unanimously recommends that Rockwell shareholders reject the unsolicited offer by Pala Investments Holdings Limited (“Pala”) to acquire all of the outstanding shares of Rockwell for $0.36 per share. After careful consideration, including consultation... 

Rockwell Responds to Allegations That Pala Denied Right to Vote at AGM

Rockwell Diamonds Inc. responds to the announcement by Pala Investments Holdings Limited that Pala was denied the right to vote its common shares of Rockwell at the Company’s annual general meeting held September 15, 2008 in London. To vote at the AGM, as is the case at all annual meetings of public companies, a shareholder was required to either be a registered shareholder or properly instruct... 

Atlas Energy Resources, LLC set a Record Distribution of $0.61 Per Common Unit for the Second Quarter 2008

Atlas Energy Resources, LLC, is reported to have announced to the public that the company has declared its record quarterly cash distribution for the second quarter 2008 of $0.61 per common unit. This $0.61 per common unit distribution represents a $0.02 increase, or 3.4% increase, over the first quarter 2008 distribution of $0.59 per common unit, as well as a 42% increase from the second quarter 2007...