latest news releases from the newsroom
Eastmain Resources Inc.
Eastmain acquires 100% of Clearwater
TORONTO, June 10, 2004 (PRIMEZONE) -- Eastmain Resources Inc. (TSE:ER) is pleased to announce that it has agreed to acquire 100% interest in the Clearwater Project. SOQUEM Inc. has agreed to sell all of its remaining rights, title and interest in and to the Clearwater Project to Eastmain Resources, subject to a 2% net smelter return royalty. Eastmain retains the right to purchase one-half of the NSR for $1,000,000.
Semcon and Assystem Etudes Announces Partnership
GOTEBORG, Sweden, June 10, 2004 (PRIMEZONE) -- Semcon AB and Assystem Etudes have reached a partnership agreement. The two leading R&D and design service suppliers will be integrating their skills and expertise in a cooperation effort to better serve the needs of AB Volvo/Renault Trucks in France and in Sweden, as well as other companies in the automotive industry.
Correcting and Replacing: www.tradix.com is Growing Rapidly
STOCKHOLM, Sweden, June 10, 2004 (PRIMEZONE) -- www.tradix.com is the recently started trading place for EVERYTHING. House vendors can in their ads show a video with the interior of all rooms. The buyer who wants to negotiate about the price of an antique chair can connect himself from the ad and chat directly with the vendor.
Kinnevik Discloses Substantial Shareholding
STOCKHOLM, Sweden, June 10, 2004 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik (``Kinnevik") with subsidiaries today announced that it has sold 3,000,000 B-shares in AcandoFrontec AB (pub) (org nr 556272-5092). After the transaction, Kinnevik with subsidiaries owns 2,335,580 B-shares in AcandoFrontec AB, representing 4.2 per cent economic interest and 2.9 per cent voting interest. Kinnevik's fully diluted holding, including all outstanding option schemes, is 3.9 per cent economic interest and 2.8 per cent voting interest.
Headliners Entertainment Group, LLC
Headliners Entertainment Group Secures New Financing of $30,000,000
MONTCLAIR, N.J., June 10, 2004 (PRIMEZONE) -- Headliners Entertainment Group, LLC (OTCBB:HLNR) announced today that it signed its second financing agreement with Cornell Capital, Inc., making $30,000,000 available to Headliners. To-date, Cornell has advanced $4,275,000 to Headliners under the terms of their first $10,000,000 financing arrangement.