latest news releases from the newsroom
MetaPower International, Inc.
Soy Environmental Products' Wholly-Owned Subsidiary, MetaPower, Inc., Pursues Major Hydrocarbon Deposits in Canadian Venture
LAS VEGAS, April 23, 2007 (PRIME NEWSWIRE) -- Soy Environmental Products, Inc. (Pink Sheets:SYVR) announced today that the Company's wholly-owned subsidiary, MetaPower, Inc., has established a Canadian subsidiary, MetaPower Canada, Ltd. The new company has been established to pursue business in the oil sands region of Northern Alberta, ranked as one of the world's largest hydrocarbon deposits.
Nevada Gold & Casinos, Inc.
Nevada Gold Announces Sale of Membership Interest in American Racing
HOUSTON, April 23, 2007 (PRIME NEWSWIRE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that it has agreed to sell its 22.8% membership interest in American Racing and Entertainment, LLC to its partners, Southern Tier Acquisition II LLC and Oneida Entertainment, LLC. The Company will receive three payments totaling $4.3 million for its membership interest in American Racing, which owns the Tioga Downs Racetrack in Nichols, New York and the Vernon Downs Racetrack in Vernon, New York. The transaction also includes the immediate release of a certificate of deposit of approximately $1.1 million currently pledged by Nevada Gold on behalf of American Racing.