latest news releases from the newsroom
J.P. Morgan Chase & Co.'s Holdings in Metso to 5.08 Percent
HELSINKI, Finland, Jan. 10, 2006 (PRIMEZONE) -- Metso Corporation has been informed about a change in the holding of the mutual funds managed by J.P. Morgan Chase & Co. of the paid up share capital of Metso Corporation. On January 9, 2006, J.P. Morgan Chase & Co 's holdings amounted to 5.08 percent of the paid up share capital of Metso Corporation after being, on the basis of their previous announcement, 4.76 percent on December 29, 2005. The threshold of five percent was crossed on January 9, 2006 when J.P. Morgan Asset Management (UK) purchased 175,838 Metso shares.
Entourage Mining Ltd.
Entourage Mining Reports Kimberlitic Core from First Target on Smeaton Property
VANCOUVER, British Columbia, Jan. 10, 2006 (PRIMEZONE) -- Entourage Mining Ltd. ("Entourage" or the "Company") (OTCBB:ETGMF) is pleased to announce that it has been informed that the Operator intersected kimberlite or a closely related kimberlitic rock type on the first target in the Smeaton/Forte a la Corne diamond prospect drilling program. The Operator reported intersecting apparently re-sedimented and primary kimberlitic breccia and magmatic rocks from 162.2 meters to 270.4 meters beneath overburden, glacial till and Cretaceous sedimentary strata. The drill hole was stopped at 282.5 meters in sediments due to difficult drilling conditions.
Trend Mining Company
Trend's Athabasca Uranium Project Completes Drill Hole, Adds to Claims
DENVER, Jan. 10, 2006 (PRIMEZONE) -- Trend Mining Company (OTCBB:TRDM) is pleased to announce that Nuinsco Resources (TSX:NWI), Trend's partner on the project, has added two additional claims to the Diabase Peninsula uranium property in the Athabasca Basin, northern Saskatchewan. The property (now 10 claims in total for 21,900 hectares, or 85 square miles) covers numerous extensive, untested, coincident geochemical and geophysical anomalies. Nuinsco is currently conducting a diamond drilling program that will test a number of the prospective targets. Completion of this program, budgeted for 2,500 metres of drilling, should enable Nuinsco to exercise its option to earn 50% of the project from Trend.
Habanero Resources Inc.
Habanero to be Featured on The Biography Channel
VANCOUVER, British Columbia, Jan. 10, 2006 (PRIMEZONE) -- Habanero Resources Inc. ("Habanero") (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) wishes to announce that an interview with its President, Jason Gigliotti, will be aired on The Biography Channel throughout the month of January. The interview covers the current status of Habanero and focuses on the recently announced Alberta Oil Sands Project as well as Habanero's conventional Alberta oil and gas prospects.
QLogic SANblade Pro 4Gb PCIe HBAs Shipping with HP ProLiant Servers
ALISO VIEJO, Calif, Jan. 10, 2006 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that its reliable 4Gb SANblade(r) Pro Fibre Channel PCI Express (PCIe) HBAs for HP ProLiant servers are now available from HP channel partners and directly from HP. Featuring a suite of innovative technology advancements that result in "A Better 4Gb," the HP-branded versions of the HBAs are used for connecting HP ProLiant servers to high performance HP StorageWorks XP, MSA and EVA arrays in Windows and Linux environments.
Wilshire Associates Incorporated
Dow Jones Wilshire 5000 Up 6.38 Percent In 2005
SANTA MONICA, Calif., Jan. 10, 2006 (PRIMEZONE) -- The U.S. equity markets posted a solid 4th quarter gain of 2.21%, as the Dow Jones Wilshire 5000 finished the year with a respectable 6.38% return for 2005, according to Wilshire Associates a global leader in investment technology, investment consulting and investment management.
Mobiltek Adds Advisors and Continues Restructuring
SUNNYVALE, Calif., Jan. 10, 2006 (PRIMEZONE) -- Mobiltek Corp. (Pink Sheets:MOBK) today announced that it is completing the transaction with SSI Affinity and Mobile 10. This month the assets and customers from the Michigan based CLEC will transfer to Mobiltek. As part of the restructuring the Company has enhanced its board and management team. Effective January 1st George Moy has resigned from the Board of Directors but will continue as CEO. The new board members are B. Dwayne Hardin, Humfry Lam and David Joseph. Additionally, Ken Chuck has resigned as CTO; Curtis Pree has been installed as President and Michael Jackson as COO.