latest news releases from the newsroom
Techway Services, Inc.
Techway Services, Inc. Selects DBAN Creator to Develop New Business Service Solutions for Secure, Fast, Reliable Data Destruction and Asset Recovery
DALLAS, Nov. 29, 2006 (PRIME NEWSWIRE) -- Techway Services, Inc. of Dallas publicly announced today it has selected DBAN (Darik's Boot & Nuke -- http://dban.sourceforge.net/) creator Darik Horn of Toronto, as its Software Product Manager. As the Software Product Manager, Mr. Horn will lead the company's expanding software development and technical services office in Toronto, Canada. Mr. Horn was previously commissioned by Techway Services to develop their advanced data destruction utility -- EBAN (Enterprise Boot & Nuke) -- that powers Techway Services nationwide, on-site data destruction solution for business customers.
Delta Air Lines, Inc.
Delta to Recall More Pilots
ATLANTA, Nov. 29, 2006 (PRIME NEWSWIRE) -- Delta Air Lines today announced plans to recall approximately 200 additional pilots in 2007. This latest recall expands on the approximately 250 previously furloughed pilots that have been recalled since June 2005.
Transmeridian Exploration, Inc.
Transmeridian Exploration Prices Combined $44 Million Private Offering and Private Placement of Senior Redeemable Convertible Preferred Stock
HOUSTON, Nov. 29, 2006 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) announced today that it has priced its previously disclosed private offering and concurrent private placement of its senior redeemable convertible preferred stock. Prior to pricing, the Company increased the amount of the preferred stock offered in the private offering to $37.0 million, in addition to the $7.0 million to be sold in the private placement. The preferred stock, which will have a liquidation preference of $100 per share, will pay cumulative dividends initially at a rate of 15% per annum, payable quarterly, at the option of the Company, in additional shares of the preferred stock, shares of the Company's common stock (subject to the satisfaction of certain conditions) or cash (if allowed by the terms of the Company's then-existing debt instruments). The preferred stock will be initially convertible into approximately 9.8 million shares of the Company's common stock, based on an initial conversion price of $4.50 per share of the Company's common stock and reflecting an approximate 39% conversion premium to the $3.23 per share closing price of the Company's common stock on the American Stock Exchange on November 28, 2006.
Crew Gold Corporation
Crew Gold Corporation Announces Crew Minerals ASA Private Placement
LONDON, Nov. 29, 2006 (PRIME NEWSWIRE) -- Crew Gold Corporation ("Crew" or "the Company") (Other OTC:CRUGF) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) is pleased to announce that its wholly-owned subsidiary, Crew Minerals ASA, has accepted subscriptions for a Private Placement of shares, for aggregate gross proceeds of NOK 450 million (USD71.4 million). The subscription price was NOK 12 per share corresponding to a pre-money valuation of NOK 600 million (USD95 million).