latest news releases from the newsroom
Crew Gold Corporation
Crew Development Corporation: NOK 120 Million Convertible Bond Issue
VANCOUVER, B.C., Aug. 28, 2003 (PRIMEZONE) -- Crew Development Corporation ("Crew") (TSE:CRU) (OSE:CRU) (Frankfurt:KNC) (Other OTC:CRWVF): Crew Development Corporation (Crew) is pleased to announce that it has placed a NOK 120 million three-year convertible loan with three major international institutions based in London. The loan is denominated in NOK with a 9% coupon and conversion of principal at NOK 3.60 per Crew share. The right to convert is on the bondholders' hand. The maximum number of shares that may be issued upon conversion of the bonds is 33.3 million shares, resulting in a maximum dilution factor of 19%. Closing date for the bond issue is September 8th 2003, and an application for the listing of the bond including prospectus will be submitted to the OSE.
ViaStar Holdings, Inc.
Viastar's Moving Pictures Takes on Hollywood once again
PHOENIX, Aug. 28, 2003 (PRIMEZONE) -- Viastar Holdings, Inc. (OTCBB:VISH) announces the formation of Moving Pictures International's strong Hollywood presence. Moving Pictures, the international film trade publication founded by John Campbell, has reopened and expanded their Los Angeles office by naming Liza Foreman, formerly with Variety, their U.S. Editor. Moving Pictures will dramatically expand their content and circulation in Hollywood, Europe, New York and Canada.
Renegade Venture Corporation
Renegade Venture's Hamilton Aerospace Technologies Agrees to Contracts for Maintenance on Two More Aircraft for Falcon Air
TUCSON, Ariz., Aug. 28, 2003 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation, a public Nevada corporation (OTCBB:RDVN) announced today that its wholly owned subsidiary, Hamilton Aerospace Technologies, has agreed on two contracts with Falcon Air Express, a major charter operator, to perform heavy FAA-mandated "C" checks, including corrosion inspection and repair, mandated FAA airworthiness directives, as well as other client-required work on both a Boeing 727-200 and on a new addition to their fleet, a Boeing 737-300. The contracts are worth an additional $1.2 million to Hamilton.
Frontline Ltd. Presentation
HAMILTON, Bermuda, Aug. 28, 2003 (PRIMEZONE) -- Frontline Ltd. (NYSE:FRO): Please find enclosed the presentation, to be held by Tom E. Jebsen and Ola Lorentzon in the afternoon on August 28, on the following link:http://reports.huginonline.com/915571/122428.pdf
Cauley Bowman Carney & Williams, PLLC
Cauley Geller Announces Class Action Lawsuit Against Impath, Inc. on Behalf of Investors -- IMPH
NEW YORK, August 28, 2003 (PRIMEZONE) -- The Law Firm of Cauley Geller Bowman & Rudman, LLP announced today that a class action lawsuit has been filed in the United States District Court for the Southern District of New York, located at 500 Pearl Street, New York, NY 10007, on behalf of purchasers of Impath, Inc. ("Impath" or the "Company") (Other OTC:IMPH) (Nasdaq:IMPHE) publicly traded securities during the period between February 21, 2001 and July 29, 2003, inclusive (the "Class Period"). A copy of the complaint filed in this action is available from the Court, or can be viewed on the firm's website at http://www.cauleygeller.com/show_case.asp?ccode=147&pcode=10&pp=4.