latest news releases from the newsroom
Western Goldfields, Inc
Romarco, Western Goldfields and U.S. Gold to Merge, Building Critical Mass in the Gold Industry
RENO, Nev., June 23, 2005 (PRIMEZONE) -- Romarco Minerals Inc. (TSX-V:R), Western Goldfields, Inc. (OTCBB:WGDF), and U.S. Gold Corporation (OTCBB:USGL) are pleased to announce that they have entered into a binding agreement to combine the companies and create an emerging, intermediate gold producer with a strong pipeline of exploration projects. The agreements are subject to approval of a definitive merger agreement, receipt of satisfactory "fairness opinions," and shareholder and regulatory approvals.
Education Realty Trust, Inc.
EDR Acquires Student Housing Community Near University of Florida
MEMPHIS, Tenn., June 23, 2005 (PRIMEZONE) -- Education Realty Trust, Inc. (NYSE:EDR), America's most experienced provider of collegiate student housing, today announced it has completed its previously disclosed acquisition of Campus Lodge in Gainesville, Florida for $44.9 million, including $38.6 million in assumed debt. The debt carries an interest rate of 6.97 percent.
Labaton Sucharow LLP
Shareholders of Hilb Rogal & Hobbs Co. Seek Damages in Class Action Lawsuit -- HRH
NEW YORK, June 23, 2005 (PRIMEZONE) -- Goodkind Labaton Rudoff & Sucharow LLP has filed a class action lawsuit in the United States District Court for the Eastern District of Virginia, on behalf of shareholders who purchased or otherwise acquired the publicly traded securities of Hilb Rogal & Hobbs Co. ("Hilb Rogal" or the "Company") (NYSE:HRH) between February 14, 2002 and May 26, 2005, inclusive, (the "Class Period"). The lawsuit was filed against Hilb Rogal, Andrew L. Rogal, Martin L. Vaughan III, Timothy J. Korman, Carolyn Jones, Robert W. Blanton Jr. and Robert B. Lockhart ("Defendants").
Halo Resources Ltd.
Halo and Metanor Document New High Grade Gold Results at Bachelor Lake, Quebec
VANCOUVER, British Columbia, June 23, 2005 (PRIMEZONE) -- Marc Cernovitch, President & CEO of Halo Resources Ltd. (TSX-V:HLO) (OTCBB:HLOSF) (FSE:HRL) & Serge Roy, President & CEO of Metanor Resources Inc. (TSX:MTO) are pleased to announce the most recent results from the ongoing 12,500m underground drilling program at Bachelor Lake, Quebec. Significant assay results were returned from five (5) new holes within the deep extension (below Level 12) of the "Main", "A" and "B" mineralized zones (see also Press Release of May 26, and June 8, 2005). Highlights of the latest drill results from below Level 12 are listed below: