latest news releases from the newsroom
D Mecatronics Inc.
D Mecatronics Shareholders to Vote on Matters Related to Proposed Buyout
MISSISSAUGA, Ontario, Dec. 5, 2007 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN) yesterday announced that it has completed a definitive proxy statement regarding the proposed buyout of D Mecatronics. The proxy materials can be viewed and downloaded now on D Mecatronics website (www.dmecatronics.com), and included are detailed instructions on how to vote.
U.S. Mine Makers, Inc.
Uranium City Mining Corporation Rescinds December 1st Agreement
PALM DESERT, Calif., Dec. 5, 2007 (PRIME NEWSWIRE) -- Uranium City Mining Corporation, formerly Nitro Lube, Inc. (Pink Sheets:UCMC), today announced that it and Walter Stunder have both mutually agreed to rescind their agreement announced on November 1, 2007 and the parties have executed mutual releases. Henry C. Casden, attorney for UCMC stated, "The expectations of both parties could not be met and it was in the best interest of the shareholders of UCMC to rescind." He further stated, "Management has been working with another very promising acquisition candidate and they hope to announce their success in the coming days. In the meanwhile, it should be mentioned that Nitro Lube Canada is still owned by this company and continues to conduct business as usual."