ABC Funding, Inc. announced that it closed its acquisition of all of the outstanding capital stock of Voyager Gas Corporation, for cash consideration of $35.0 million plus 10,000 newly issued shares of ABC’s Series D Preferred Stock, having an agreed upon value of $7.0 million. Upon the effectiveness of an amendment to the Company’s Certificate [...]
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 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, 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 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 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. 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 [...]
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 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 [...]
VIPR Industries Inc. is pleased to report that certified accounting and audit firm Chisholm Bierwolf & Nilson CPA has completed its audit of VIPR’s 2006 and 2007 financial statements. Completing the audit is a critical milestone in VIPR’s preparations to become a fully reporting issuer trading on the OTC Bulletin Board. The Company has also [...]
