latest news releases from the newsroom
Aurora Oil & Gas Corporation
Cadence Resources and Aurora Energy Sign Definitive Merger Agreement
WALLA WALLA, Wash., Feb. 1, 2005 (PRIMEZONE) -- Cadence Resources Corporation (OTCBB:CDNR) and Aurora Energy Ltd. of Traverse City, Michigan announced today that the two companies have signed a definitive merger agreement providing for the acquisition of all of the outstanding shares and options of Aurora by Cadence. Aurora Energy holds an interest in over 400,000 acres of oil and gas leases in Michigan, Ohio, Kentucky, and Indiana, both developed and undeveloped, which are targeting unconventional shale gas development.
Corporate Mortgage Solutions Inc.
National Hospitality Group President, Damian Guthrie, Featured on MacReport.Net
ST. PETERSBERG, Fla., Feb. 1, 2005 (PRIMEZONE) -- National Hospitality Group, Inc. (Pink Sheets:NHGP) announced today that the Company's President, Damian Guthrie, is currently featured in an on-line interview at MacReport.Net. Mr. Guthrie said Tampa Bay Mortgage Solutions, a wholly owned subsidiary of National Hospitality Group, has rates on loans between 12 and 18% plus points.
Automotive Specialty Concepts, Inc.
Automotive Specialty Concepts, Inc. Announces New Ticker Symbol, AMVS
LAS VEGAS, Feb. 1, 2005 (PRIMEZONE) -- Automotive Specialty Concepts, Inc. (Pink Sheets:SSWH), a leading provider of decorative car wheels, today announced that the company has been assigned a new stock symbol, AMVS (Pink Sheets:AMVS), and that the previously announced 1 for 100 reverse split of the company's common stock is now effective. The reverse split was among the changes to the company's Articles of Incorporation that were filed with the state of Nevada in early January.
Goldnev Resources, Inc.
Goldnev Announces Negotiation of $1,750,000 Private Placement
CALGARY, Alberta, Feb. 1, 2005 (PRIMEZONE) -- Goldnev Resources Inc. (Other OTC:GDNXF) (TSX Venture Exchange:GNZ) announces that it has negotiated, subject to acceptance by the TSX Venture Exchange, a private placement of Cdn$1,750,000 (the "Private Placement"). These funds will be raised by the Company issuing 5,000,000 units (the "units") at a price of $0.35 per unit, each unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share, exercisable for a period of 1 year from the date of issuance at a price of $0.45 per share.