latest news releases from the newsroom
Diamond Discoveries International
Diamond Discoveries Engages Watts, Griffis and McOuat
VANCOUVER, British Columbia, July 8, 2005 (PRIMEZONE) -- Diamond Discoveries International Corp. (OTCBB:DMDD) is pleased to announce that they have engaged the geological and engineering consulting firm Watts, Griffis and McOuat (WGM) to assist in the exploration for diamonds in the Torngat Mountain region of Quebec. As per the press release of June 9th, WGM will review the results of the airborne magnetic survey and other available data in order to select targets for ground follow-up and drill testing of potential diamond bearing pipes. Once the targets are selected, WGM will outline a program for exploration to be carried out during the 2005 season. WGM will be retained to oversee and direct continuing exploration of the Torngat property.
Public Company Management Corporation
Public Company Management Corp.'s Brock to Lead Small Business Fundraising Efforts for Beers' Gubernatorial Campaign
LAS VEGAS, July 8, 2005 (PRIMEZONE) -- Stephen Brock, president of Public Company Management Corporation (OTCBB: PUBC), has been selected to lead small public company fundraising efforts for Bob Beers' race for the Nevada governorship. Beers (R-Las Vegas) serves on the advisory board for PUBC, which provides consulting and advising services to small companies seeking to access public capital markets. Brock, as PUBC's chief executive, is an ideal choice to run Beers' small business and economic development initiative for the State of Nevada. This initiative will seek out small businesses that benefit from being a Nevada corporation and a public company, as well as companies that benefit from operating in the state's pro-business, low-tax environment. As the next Nevada governor, Beers would help restore some of the liberty and economic freedom that has made Nevada famous as a small business mecca -- and that has been eroded over the past two sessions.
SecureLogic Corp. Receives Early Payment of $2 Million Obligation
NEW YORK, July 8, 2005 (PRIMEZONE) -- SecureLogic Corp. (OTCBB:SLGI) has received prepayment of the $2 million outstanding principal amount of promissory notes received in connection with the sale of its Allume Systems, Inc. subsidiary to International Microcomputer Software, Inc. in April 2004. The payment, which also included outstanding interest, represents the payment of the full outstanding principal amount of the notes, without discount. The funds were to have been received over a two-year period. SecureLogic also expects to receive an additional $75,000, which had been held in escrow in connection with the sale of Allume Systems.
Aztec Oil & Gas, Inc.
Aztec Oil & Gas Announces Fracing Update on Newest Big Foot Wells
HOUSTON, July 8, 2005 (PRIMEZONE) -- Aztec Oil & Gas, Inc. (OTCBB:AZGS) announced today that according to Maverick Energy, operator of the Z2 LLC leases, fracing of the Upper B Zone of well 337 A was completed on July 6, 2005. Well 337 A is one of the four (4) new infield oil wells recently drilled under the Big Foot 2004-1 Drilling Program LP on the Z2 LLC properties (in which Aztec holds a 31.283% working interest).