latest news releases from the newsroom
Franklin Bank Declares Preferred Stock Dividend
HOUSTON, Feb. 16, 2007 (PRIME NEWSWIRE) -- Franklin Bank Corp. (the Company) (Nasdaq:FBTX) (AMEX:FBK-P) announced today that its Board of Directors declared a dividend on the Company's Series A Non-Cumulative Perpetual Preferred Stock of $0.46875 per share.
Aventine Renewable Energy Holdings, Inc.
Aventine to Market Ethanol for Second Virgin Venture
PEKIN, Ill., Feb. 16, 2007 (PRIME NEWSWIRE) -- Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), a leading producer, marketer and end-to-end supplier of ethanol, today announced that Ethanol Grain Processors, LLC's ("EGP") Obion, Tennessee facility will join its marketing alliance network. Aventine will market all of the ethanol for the EGP facility when production begins. Completion of the facility is expected in late summer/early fall of 2008.
SmallCap Sentinel: Oil Prices Create Lucrative Niches
IRVINE, Calif., Feb. 16, 2007 (PRIME NEWSWIRE) -- "As oil prices continue their ascent more agile companies are finding alternative exploration methods profitable," said SmallCap Sentinel analyst D.R. Clark. "On a strategic basis, big oil companies are often focused on enormous exploration efforts. This leaves small market niches to be developed by companies that can identify and aggregate 'under the radar' resource niches. If the company is successful in aggregating these smaller deposits shareholders can reap big rewards."
Crew Gold Corporation
Crew Gold Announces LEFA Update
LONDON, Feb. 16, 2007 (PRIME NEWSWIRE) -- Crew Gold Corporation ("Crew" or the "Company") (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF) advises that due to a national strike and curfew in Guinea and subsequent restrictions of movement of goods and people, the company has decided to temporarily suspended the production at its LEFA mine and use this opportunity to bring forward maintenance programmes identified during the commissioning of the plant. Due to an initial higher-than-anticipated throughput in the start of ramp-up, a limited suspension of production is not expected to materially impact the 2007 forecast production of 300,000 to 320,000 ounces.
Irwin Resources Inc.
Irwin Resources Inc. Acquires Fraser Bend Mineral Claims
VANCOUVER, British Columbia, Feb. 16, 2007 (PRIME NEWSWIRE) -- Irwin Resources Inc. is pleased to announce the Company has signed an agreement with Mr. Donald C. Carter, a well known and respected professional and expert in the mining industry, to acquire 25 claims Mr. Carter staked in the historic Barkerville-Quesnel area of British Columbia (BC). "This is the Company's first venture into BC's precious mineral sectors and we are really excited about our involvement with Mr. Carter," stated Mr J.R. Gaetz, President of Irwin Resources. "This area has received a lot of staking interest in the past two weeks, including some of the major gold mining concerns, which have staked extensively nearby."
Ocwen Financial Corp.
Key to the City Presented to Ocwen Financial Corporation
WEST PALM BEACH, Fla., Feb. 16, 2007 (PRIME NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) was honored at City Hall in downtown West Palm Beach, Florida. Mayor Lois Frankel presented Ronald Faris, President of Ocwen, with the Key to the City of West Palm Beach in recognition of the businesses contribution to the local community and economy.