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eMediaWorld.com General News
eMediaWorld.com General News

  • Acero-Martin Exploration Inc.: Repricing and Increase in Size of 3,000,000 Unit Non-Brokered Private Placement
    VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - Dec. 29, 2009) - Acero-Martin Exploration Inc. (the "Company") (TSX VENTURE:AMG)(FRANKFURT:AMX) wishes to announce that the terms of its private placement originally announced December 1, 2009, have been revised by the reduction in the Unit price from $0.25 per Unit to $0.225 per Unit and increased in size to 4,500,000 Units. In addition, the Warrants attached to the Units have been repriced to $0.275 per share from $0.30 per share exercisable for an eighteen month term, extended from the one year period previously announced. Each Unit remains consisting of one common share and one share purchase warrant exercisable into one common share of the Company upon the surrendering of every two full warrants. The proceeds from the private placement will be used to fund the continued exploration and development of the Pinaya gold-copper project in southern Peru, the continued exploration of th
  • Online Trading Academy Launches New Website
    Financial Education School Has Created an All-New Online Experience for Its Customers
  • Argosy Energy Inc. Announces Closing of First Tranche of Private Placement for $4.3 Million
    CALGARY, ALBERTA--(eMediaWorld - Dec. 29, 2009) - ARGOSY ENERGY INC. ("Argosy" or the "Corporation") (TSX:GSY), a junior energy company focused on the acquisition, exploration, exploitation and development of oil and natural gas in Western Canada is pleased to announce that it closed the first tranche it's previously announced non-brokered private placement financing (the "Financing") of common shares ("Argosy Shares") and common share purchase warrants ("Argosy Warrants") for gross proceeds of approximately $4.3 million.
  • TSX Venture Exchange Closing Summary for December 29, 2009
    VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - Dec. 29, 2009) - The following report is available on tsx.com at the following web page: http://www.tsx.com/en/news_events/media_kit.html Trading was very heavy on a volume of 126.9 million shares worth 58.4 million dollars. There were 307 advances, 249 declines and 452 issues unchanged. The S&P/TSX Venture Composite Index closed up 13.70 at 1483.56 /T/ Most Active Issues by Volume Volume Name Symbol Close Change
  • Sierra Geothermal Mails Management Circular for Proxy Battle
    VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - Dec. 29, 2009) - Sierra Geothermal Power Corp. (TSX VENTURE:SRA) ("SGP") announced that it is mailing a management circular to its shareholders. The circular urges shareholders to support the current Board and oppose an attempt by dissidents to seize control of the Board at a special meeting scheduled for January 26, 2010. In a letter to shareholders accompanying the circular, SGP's President and Chief Executive Officer Gary Thompson cautioned shareholders that the likely objective of the dissidents is to help a competitor, Ram Power Corp., to acquire SGP at a discount price. Below is the text of Mr. Thompson's letter.
  • Golden Sunset Trail Inc. Announces Financial Status Update
    GRIMSBY, ONTARIO--(eMediaWorld - Dec. 29, 2009) - GOLDEN SUNSET TRAIL INC. ("Golden Sunset" or the "Corporation") (TSX VENTURE:GST) hereby announces that its recent attempts to secure financing have not provided the capital the Corporation was attempting to acquire. The Corporation's ability to continue as a going concern is dependent upon the Corporation obtaining funds adequate to meet the cash requirements of the business. The Corporation currently does not have the necessary funds to meet certain of its current obligations and those coming due in January 2010. As a result the Corporation is focusing its efforts on finding a remedy to this situation including seeking outside capital and potential asset sales. While the Corporation is focusing its best efforts on these matters, there are no assurances that management will be successful in such initiatives. At this time there is a significant risk regardin
  • FairWest Energy Announces Listing and Trading of Shares on the TSXV, Delisting From the TSX, Private Placement and Senior Management Changes
    CALGARY, ALBERTA--(eMediaWorld - Dec. 29, 2009) - FairWest Energy Corporation ("FairWest" or the "Company") (TSX VENTURE:FEC) announces that the TSX Venture Exchange (the "TSXV") issued a bulletin today granting approval for the listing of the Company's Common Shares for trading on the TSXV commencing at the opening of market on December 30, 2009. The Company also announces that in conjunction with the listing of the Company's shares on the TSXV, that its Common Shares were delisted from the Toronto Stock Exchange effective as of the close of market today. The Company will trade on the TSXV under the name FairWest Energy Corporation and the trading symbol "FEC". The Company has 129,839,879 Common Shares issued and outstanding.
  • Déclaration : Le ministre de l'Industrie, l'honorable Tony Clement, approuve la transaction conclue entre Petrochina et Athabasca Oil Sands Corporation
    OTTAWA, ONTARIO--(eMediaWorld - 29 déc. 2009) - Le ministre de l'Industrie, l'honorable Tony Clement, a fait aujourd'hui la déclaration suivante au sujet de la demande de PetroChina International Investment Company Limited (PetroChina) d'acquérir le contrôle des projets d'exploitation de sables bitumineux MacKay et Dover appartenant à Athabasca Oil Sands Corporation (AOSC) : "J'ai approuvé la demande de PetroChina d'acquérir le contrôle des projets d'exploitation de sables bitumineux MacKay et Dover en vertu de la Loi sur Investissement Canada, car je suis d'avis que cet investissement sera vraisemblablement à l'avantage net du Canada."
  • Statement: Industry Minister Clement Approves the Petrochina-Athabasca Oil Sands Corporation Transaction
    OTTAWA, ONTARIO--(eMediaWorld - Dec. 29, 2009) - Today, the Honourable Tony Clement, Minister of Industry, made the following statement regarding an application made by PetroChina International Investment Company Limited (PetroChina) on a proposed purchase of properties owned by Athabasca Oil Sands Corporation (AOSC): "I have approved the application by PetroChina under the Investment Canada Act to acquire control of the MacKay and Dover Oil Sands projects because I am satisfied that the investment is likely to be of net benefit to Canada."
  • Bio-Rad Laboratories, Inc. Announces Commencement of Exchange Offer of Its 8.00% Senior Subordinated Notes Due 2016 for Registered Notes
    HERCULES, CA--(eMediaWorld - December 29, 2009) - Bio-Rad Laboratories, Inc. (NYSE: BIO) and (NYSE: BIO.B), a multinational manufacturer and distributor of life science research and clinical diagnostics products, today announced that it has commenced a registered exchange offer to exchange up to $300 million aggregate principal amount of its 8.00% Senior Subordinated Notes due 2016 which have been registered under the Securities Act of 1933, as amended (the "Exchange Notes"), for any and all of its outstanding 8.00% Senior Subordinated Notes due 2016 which were issued in a private placement (the "Private Notes").
  • Sector 10, Inc. CEO Message to Investors and Supporters
    BELLEVUE, WA--(eMediaWorld - December 29, 2009) - Sector 10, Inc. (OTCBB: SECI) (FRANKFURT: 4SR1) A message from Sector 10, Inc. Company CEO Pericles DeAvila to Investors and Supporters: I wanted to personally wish you a Happy New Year and a prosperous 2010. Sector 10, Inc. is looking forward to the year ahead and the impact our technology will have on the US market and globally. Our life saving technologies represent a parading shift for emergency response and will change the industry as it stands today. In their early stages, many new technologies face unexpected challenges during the process of introduction into new markets. In 2009, Sector 10, Inc. successfully dealt with many of these unexpected challenges which delayed the introduction of our services and products to market. With new capital and a clear path to execution, we are prepared
  • FormFactor Ships 125th DRAM Wafer Probe Card With Advanced TRE(TM) Technology
    Adva