Posts Tagged ‘Securities and Exchange Commission’

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ION Completes Multi-client Acquisition Project Using FireFly

August 28th, 2008
ION Completes Multi-client Acquisition Project Using FireFly

ION Geophysical Corporation announced today that it has successfully completed the acquisition phase of a multi-client seismic imaging project using its FireFly® cableless land acquisition system. The project was completed on time and under budget in a remote, environmentally sensitive area of northwest Colorado by the seismic contractor Geokinetics Inc., which ION selected to acquire [...]

Ameriwest Energy Announces Geary Prospect Farmout and AMI Agreement

August 23rd, 2008
Ameriwest Energy Announces Geary Prospect Farmout and AMI Agreement

Ameriwest Energy Corp. announce that an agreement has been reached with Texas-based Tyler Rockies Exploration, Ltd. whereby Ameriwest can earn a 50% ownership of the approximately 2,800 gross acres within the Area of Mutual Interest (”AMI”) identified as the Geary Prospect lands located in Natrona and Converse Counties, Wyoming.
Under the terms of the agreement, Ameriwest [...]

Dutch Gold Resources Provides Business Update and Strategic Review

August 19th, 2008
Dutch Gold Resources Provides Business Update and Strategic Review

Dutch Gold Resources, Inc., a developer and operator of proven gold mines and a regional mill in North America, today provided an update to shareholders on its current operations and near term opportunities amidst the changing environment for gold mining companies.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, “Our progress from a start-up [...]

Bullion Achieves Fiscal 2008 Profitability, Self-Funds EnShale’s R&D

August 19th, 2008
Bullion Achieves Fiscal 2008 Profitability, Self-Funds EnShale’s R&D

Bullion Monarch Mining, Inc., a natural resource company owning gold, silver and oil shale mining interests in Utah and Nevada, announced the Company has elected to self-fund its 80% owned oil shale technology demonstration project. The decision was made to not dilute the Company’s shares to fund this project while maintaining profitability and remaining debt [...]

VIPR Industries to Raise Up to $1.2 Million Private Placement to Fund Further Exploration of Gold & Uranium Properties

August 13th, 2008
VIPR Industries to Raise Up to $1.2 Million Private Placement to Fund Further Exploration of Gold & Uranium Properties

VIPR Industries Inc. announces that it is actively pursuing and intends to complete a financing to raise gross proceeds of up to $1,200,000 via private placement. Proceeds will be used to fund further exploration of VIPR Industries’ gold and uranium properties, including a Drilling Program at its Singida Gold Property presently scheduled for early 2009, [...]

Gulf Onshore, Inc. Announces New Management and Formation of Pennsylvania Operating Company to Commence Operations in the Marcellus Shale

August 11th, 2008
Gulf Onshore, Inc. Announces New Management and Formation of Pennsylvania Operating Company to Commence Operations in the Marcellus Shale

Gulf Onshore, Inc. announced that its Board of Directors has appointed R.Wayne Duke, Earl Moore and Mark Smith as directors. The board also appointed Mr. Moore as Chief Executive Officer and Mr. Smith as Chief Financial Officer. Dean Elliot has resigned as an officer and director for personal reasons. The Company has also formed a [...]

$16.5 Million Contract Awarded to India Globalization Capital’s Subsidiary, Sricon Infrastructure, for Surface Mining and Extraction of Limestone

August 7th, 2008
$16.5 Million Contract Awarded to India Globalization Capital’s Subsidiary, Sricon Infrastructure, for Surface Mining and Extraction of Limestone

India Globalization Capital, Inc., a company developing infrastructure in India, announced today that its subsidiary, Sricon Infrastructure Private Limited (Sricon), was awarded a $16.5 million surface mining contract by Ultratech Cement Company (Ultratech) for the extraction, transportation, and delivery of limestone to Ultratech’s Gujarat Cement Works plant in the city of Amreli in Gujarat, India. [...]

General Maritime Corporation and Arlington Tankers Ltd. to Merge in a Stock-for-Stock Combination, to Create a $2.0 Billion Enterprise Value Company

August 6th, 2008
General Maritime Corporation and Arlington Tankers Ltd. to Merge in a Stock-for-Stock Combination, to Create a $2.0 Billion Enterprise Value Company

General Maritime Corporation jointly announced today that they have entered into a definitive agreement whereby the two companies will combine in a stock- for-stock combination. Under the terms of the definitive agreement, approved unanimously by the Boards of Directors of both General Maritime and Arlington Tankers, shareholders of General Maritime will receive 1.340 shares of [...]