latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Announces Extension of Exchange Offer for Senior Secured Notes Due 2010
HOUSTON, July 18, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that Transmeridian Exploration Inc., the Company's wholly owned British Virgin Islands subsidiary ("TEI"), has extended to 5:00 p.m., New York City time, on July 21, 2006 (unless further extended) its exchange offer of $290 million aggregate principal amount of its Senior Secured Notes due 2010 registered under the Securities Act of 1933 for all $290 million aggregate principal amount of its outstanding Senior Secured Notes due 2010 sold in December 2005 and May 2006 pursuant to Regulation D under the Securities Act of 1933. TEI does not currently intend to extend the expiration date for the exchange offer beyond such date.
1st Pacific Bancorp
1st Pacific Bank of California Reports Second Quarter Earnings Per Share of $0.20, Up 66.7 Percent
SAN DIEGO, July 18, 2006 (PRIMEZONE) -- 1st Pacific Bank of California (OTCBB:FPBS) today announced second quarter 2006 net income of $822,000, an increase of 65.1 percent above the $498,000 reported for the second quarter of 2005. Diluted earnings per share were $0.20 compared with $0.12 for the year-earlier quarter, up 66.7 percent. For the first six months of 2006, earnings were $1.5 million, or $0.36 per diluted share, an increase of 64.7 percent and 63.6 percent, respectively, above 2005 six-month earnings of $920,000, or $0.22 per diluted share.
1st Global Financial Corporation
1st Global Financial Corporation Adds Two New Directors to Board of Directors
LAS VEGAS, July 18, 2006 (PRIMEZONE) -- 1st Global Financial Corporation (Pink Sheets:FGBF) announced that two new directors were elected to its Board of Directors at the company's annual meeting held on Friday, April 21, 2006 in Las Vegas, Nevada. The new directors elected are T.A. "Gil" Gillis, CEO of the company's 1st Federal Financial, Inc. subsidiary, and John E. Glass, who is currently acting as an advisor to the company on acquisitions and business development.
Renasant Corporation Announces 14 Percent Increase in Second Quarter Earnings Per Share
TUPELO, Miss., July 18, 2006 (PRIMEZONE) -- Renasant Corporation (Nasdaq:RNST) (the "Company") today announced results for the second quarter of 2006. Basic earnings per share for the second quarter of 2006 were $.68, up 13%, and diluted earnings per share were $.67, up 14%, compared to basic earnings per share of $.60 and diluted earnings per share of $.59, respectively, for the second quarter of 2005. Net income for the second quarter of 2006 was $7,043,000, up 13%, or $836,000, from the second quarter of 2005.
New Book Features A Fascinating Look at The Life and Times of Roger Williams in England
FRANCONIA, N.H., July 18, 2006 (PRIMEZONE) -- We know what Roger Williams did and said as the foremost advocate of religious freedom in 17th century America, but how did he get there emotionally and spiritually during his formative years in England? The new book "Furnace," written by author Richard Burwell, explores Roger's growth from the boy who witnessed the burning of an unrepentant dissenter at the stake to manhood at odds with an intolerant and stultified Church of England.
Stolt-Nielsen S.A. Purchased 56,000 of Its Common Shares
LONDON, July 18, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI) announces that Stolt-Nielsen Transportation Group Ltd. (SNTG), a 100% owned subsidiary of SNSA, purchased today 56,000 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 130.78 per share (approximately $20.63 at the current exchange rate). The shares were purchased in accordance with the repurchase program announced on August 25, 2005, authorizing Company to purchase up to $200 million worth of its Common Shares or related American Depositary Shares.
Douglas Lake Minerals Inc.
Douglas Lake Minerals Announces Initial Gold Exploration Results of 93.9 Grams Per Ton - Approximately 3 Ounces Per Ton
VANCOUVER, British Columbia, July 18, 2006 (PRIMEZONE) -- Harp Sangha, CEO / President of Douglas Lake Minerals Inc. (OTCBB:DLKM) announced the company's initial exploration results at their Morogoro Concession 30 kilometers (20 miles) west of Morogoro in East Central Tanzania. This property, which is approximately 26 kilometers (18 miles) long by six kilometers (4 miles) wide currently has more than 150 artisan miners working two areas 4.5 km (3 miles) apart on strike with a central "milling" facility. Twenty-five kg. (55 pound) sacks of hand-cobbed, hand-crushed ore are milled in two 45 gallon drum-sized "ball mills." One hundred and fifty men are reportedly producing 100-150 grams (4-6 ounces) of gold from approximately 1 ton of processed material.