latest news releases from the newsroom
Sector 10, Inc.
Sector 10 Third Quarter Sales Increase 400 Percent Over Prior Quarter
BELLEVUE, Wash., Dec. 16, 2008 (GLOBE NEWSWIRE) -- Sector 10, Inc. (OTCBB:SECT) (Frankfurt:4SR) announced today that 3rd quarter sales are expected to increase 400% over the 2nd quarter. The substantial increase will continue to improve the positive performance trends developed over the past three 3 months.
Silver Dragon Resources Inc.
Silver Dragon Receives Chinese Ministry of Commerce Approval for Sino-Top Equity Transfer Agreement
BEIJING, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Silver Dragon Resources Inc. (OTCBB:SDRG) is pleased to announce that China's Ministry of Commerce ("MOC") has issued the Certificate of Approval for the sale of 50% of Sanhe Sino-Top Resources & Technologies, Ltd. ("Sino-Top") by Silver Dragon to its Chinese partner for RMB30 million (approximately USD$4.5 million), which is part of the Definitive Agreement reached between Silver Dragon and its state-owned Chinese joint venture partner, Exploration Unit of North China Nonferrous Geological Exploration Bureau, also known as Huaguan Industrial Corp. ("HIC") (see press release dated July 14, 2008).
Index Oil and Gas Inc.
Index Announces Cochran No. 1 Exploratory Well Reaches Total Depth
HOUSTON, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Index Oil and Gas Inc. (OTCBB:IXOG) today announced that the Cochran #1 exploratory well in the Garwood prospect located in Colorado County, Texas has reached a total measured depth of 16,870 feet after encountering multiple zones of potential natural gas pay. Index recently agreed to participate in the Garwood prospect operated by El Paso Exploration & Production. The company holds a five percent working interest in the well which continues its commitment to an ongoing exploration program. Drilling of the well began October 27, 2008.