latest news releases from the newsroom
OTCPicks.com Announces Profile Coverage on Sao Luis Mining, Inc.
PROSPER, Texas, June 2, 2006 (PRIMEZONE) -- Brian Dean, Publisher of OTCPicks.com, announced today that the website has initiated Profile Coverage of Sao Luis Mining, Inc. (Pink Sheets:SAOL). Says Mr. Dean, "The Sao Luis River Basin Diamond Project is located in the state of Mato Grosso in Brazil, approximately 30 kilometers from the town of Juina. The 1,889 hectare (4,666 acres) property has been in production since 2000 and has produced over 175,000 carats. The Department of Natural Mineral Production (DNPM) has documented 119,334 carats of diamonds that were produced from this property in 2004 and 2005."
Clean Hydrogen Producers, Ltd.
EPP Secure, LLP and American Associates Group, Inc. Terminate Acquisition Agreement
TORONTO, June 2, 2006 (PRIMEZONE) -- EPP Secure, LLP and American Associates Group, Inc. (Pink Sheets:AASG) were unable to close on the acquisition agreement that the parties entered into and announced on April 4, 2006. There were issues regarding the closing agenda that the parties could not agree to and both parties mutually agreed to terminate the agreement. EPP Secure, LLP tendered their official notice of termination to the company and American Associates Group, Inc. accepted the termination of the acquisition agreement.
XTL Biopharmaceuticals Ltd. Provides Update to 2005 Annual Report on Form 20-F
NEW YORK, June 2, 2006 (PRIMEZONE) -- XTL Biopharmaceuticals Ltd., (Nasdaq:XTLB) (LSE:XTL) (TASE:XTL) ("XTL"), a biotechnology company focused on the acquisition, development and commercialization of therapeutics for the treatment of infectious diseases, with a focus on hepatitis C, today provided an update to its annual report on Form 20-F (the "Annual Report"), filed with the U.S. Securities and Exchange Commission on May 25, 2006. Pursuant to Nasdaq Marketplace Rule 4350(b)(1)(B), which requires an issuer that receives an audit opinion that contains a going concern qualification to make a public announcement disclosing the receipt of such qualification, XTL today announced that the auditors' report dated March 17, 2006 on XTL's financial statements for the year ended December 31, 2005, as filed in the Annual Report, contained this qualification.
Industrial Enterprises of America, Inc.
Industrial Enterprises of America Announces New Ticker Symbol -- IEAM
NEW YORK, June 2, 2006 (PRIMEZONE) -- Industrial Enterprises of America, Inc. (OTCBB:ILNP) today announced that effective Monday, June 5, 2006, the Company will begin trading under the new ticker symbol (OTCBB:IEAM). This ticker symbol was changed by Nasdaq due to the required change of the Company's common stock CUSIP number following the recently announced reverse stock split, also effective on Monday, June 5, 2006.