latest news releases from the newsroom
Impala Platinum Holdings Ltd.
Implats Production Update
JOHANNESBURG, South Africa, June 14, 2006 (PRIMEZONE) -- Shareholders are advised that Implats' headline earnings per share for the full year ending 30 June 2006 are still expected to be 20 - 30% higher than that of the last financial year as announced at the interim results in February 2006. This is lower than market expectation as a result of lower than anticipated production.
The Jordan Company L.P.
The Jordan Company's Resolute Fund Acquires Jixi and Jiamusi Coal Mining Machinery Companies in China
NEW YORK, June 14, 2006 (PRIMEZONE) -- The Jordan Company, L.P. ("Jordan") today announced that International Mining Machinery Limited, a company formed by Jordan and Beijing based co-investors Emory Williams and John Lee, has completed the acquisitions of 100% of Jixi Coal Mining Machinery Co., Ltd. ("Jixi") and 100% of Jiamusi Coal Mining Machinery Co., Ltd. ("Jiamusi"). Jixi and Jiamusi were acquired from the Heilongjiang Coal Mining Machinery Group Co., Ltd., a State Owned Enterprise ("SOE") owned by the Heilongjiang State-Owned Assets Supervision and Administration Commission ("SASAC"). Jordan is the first U.S. Company to complete an acquisition of 100% of an SOE in Heilongjiang Province through restructuring as part of China's Northeast Region Revitalization Program. The acquisitions were funded by equity capital provided by The Resolute Fund, L.P., a private equity fund managed by Jordan.
PlanetLink Communications Inc.
PlanetLink Announces Contracts with Two More All My Sons Locations
CUMMING, Ga., June 14, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that the Company received signed contracts from two more of the All My Sons franchises. The Houston and Seattle-based franchisees are the most recent users added to the PlanetTRAKS system. This brings the total of All My Sons Franchises utilizing the TransTRAK system to thirteen.
GSV, Inc. Announces Commencement of Drilling
WESTPORT, Conn., June 14, 2006 (PRIMEZONE) -- GSV, Inc. (OTCBB:GSVI) announced today that it has been notified that the working interest partnership of which its affiliate, Century Royalty LLC, is a member expects to commence drilling of two previously identified Texas gas prospects. The first prospect is anticipated to be drilled within the next two weeks and the second shortly thereafter.
Stonebridge Resources Exploration Ltd.
Stonebridge Acquires Oil and Coal Bed Methane Gas in Kansas With $2,000,000 in Potential Monthly Revenues
HOUSTON, June 14, 2006 (PRIMEZONE) -- Stonebridge Resources Exploration, Ltd. (Pink Sheets:SBRX) announced today the acquisition of potential reserves of 17-23 billion cubic feet of coal bed methane gas ($100,000,000) and 300,000 bbls of oil ($20,000,000) on over 8,800 acres in Eastern Kansas in Anderson, Bourbon, Crawford, Labette and Neosho Counties.