latest news releases from the newsroom
TalkingStocks.com Initiates Profile Coverage on Interlink Global
DALLAS, July 26, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the website has initiated Profile Coverage for Interlink Global (Pink Sheets:ILKG). Mr. Pentony spoke of Interlink Global: "We are very pleased to announce Profile Coverage for Interlink Global. VoIP is no longer the wave of the future. It is here and now. Interlink has an excellent business model that reduces the risk of moving into new markets with VoIP."
Quest Oil Schedules Acadia North '15-24' Gas Well Spud Date
ARLINGTON, Texas, July 26, 2005 (PRIMEZONE) -- Quest Oil Corporation, (OTCBB:QOIL) the Company's operator, Transaction Oil and Gas Ventures, Inc. has confirmed Acadia North gas well "15-24" will spud on July 29, 2005. As previous indicated in the July 11, 2005 news release, a spud date was targeted for July 17th, 2005; however due to a dramatic increase in drilling activity in the area by several major oil and gas companies, drill rig availability is limited and requires significant lead times.
IElement Corporation Announces Formal Company Name and Symbol Change
DALLAS, July 26, 2005 (PRIMEZONE) -- IElement Corporation (OTCBB:MAKY) announced today that it has obtained shareholder approval and filed an information statement disclosing the formal name and symbol change of the company. The name and symbol change are made pursuant to the signing of an agreement on July 18, 2005, wherein an amendment to change the merged company name to IElement Corporation and, respectively, was agreed upon by the board of directors between MailKey Corporation (OTCBB:MAKY) and IElement Corporation and respective shareholders. IElement Corporation expects to receive its new trading symbol within thirty days.
Tele2: Interim Report January-June 2005
STOCKHOLM, Sweden, July 26, 2005 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Stockholmsborsen:TEL2A) and (Stockholmsborsen:TEL2B), Europe's leading alternative telecom operator, today announced its consolidated results for the second quarter ended June 30, 2005.
Avenue Group, Inc.
Avenue Group, Inc. Presents Update on Turkey Exploration Operations
NEW YORK, July 25, 2005 (PRIMEZONE) -- Avenue Group, Inc. (OTCBB:AVNU) announced today the results of its current drilling activities in Turkey and the status of its other exploration holdings in Turkey. As previously reported, the Karakilise Nr 2 (KK-2) well had spudded in November 2004 but had been suspended for mechanical reasons. The well recommenced drilling on June 8th 2005 with Aladdin Middle East Ltd. ("AME") as Operator. During the interim prior to recommencement, JKX Turkey Ltd, a subsidiary of London Stock Exchange listed exploration and production company JKX Oil & Gas (LSE:JKX) farmed into the Karakilise licenses. The participating percentages of each party became AME and affiliates 59.5%, JKX 30% and Avenue 10.5%. Avenue's interests in its other Turkish prospects were not affected.