latest news releases from the newsroom
Aurora Oil & Gas Corporation
Cadence Resources Signs Letter of Intent to Acquire Antrim Shale Project
TRAVERSE CITY, Mich., May 17, 2006 (PRIMEZONE) -- Cadence Resources Corporation (OTCBB:CDNR) today reported signing a 'Letter of Intent' to acquire all leases, wells, facilities and production associated with two producing projects in northern Michigan. This adds approximately 5,000 acres of mineral rights, 11 producing wells, and over 500 Mcf of daily production to the Company's portfolio. Management also estimates proven reserves in excess of 10 Bcf associated with the acquisition. Due diligence is underway and expected to be complete for an agreement effective date of June 1, 2006.
Power Technology Inc.
Power Technology Acquires Assets of Sentry Power Systems
HOUSTON, May 17, 2006 (PRIMEZONE) -- Alternative energy company Power Technology, Inc. (OTCBB:PWTC) announced today that it has acquired the assets of Sentry Power Systems LLC (http://www.sentrypowersystems.com) for a total consideration of $1,195,000, paid $960,000 in common stock of Power Technology and $235,000 in assumed debt. Sentry Power sells automatic battery back up uninterrupted power supply systems for commercial and residential use in states and municipalities throughout the northeast and southwest United States.
Marygrove College President Glenda Price Retirement Event to Be Held June 8
DETROIT, May 17, 2006 (PRIMEZONE) -- Dr. Glenda D. Price, president of Marygrove College since 1998, will retire on June 30 from a 40-year career in higher education. The College will host "A Tribute to Dr. Glenda D. Price and a Dinner to Benefit the Dr. Glenda D. Price Science Initiative Fund," on Thursday, June 8, 2006, on the grounds of Marygrove College at 6:00 p.m. The retirement celebration is open to the public.
Global Beverage, Inc.
Rudy Beverage, Inc. Signs Distribution Partnership with Millbrook Distribution Services, Inc.
TULSA, Okla., May 17, 2006 (PRIMEZONE) -- Global Beverage Solutions, Inc. (OTCBB:GBVS) announced today through its portfolio company, Rudy Beverage, Inc., the company co-founded by University of Notre Dame football legend Daniel "Rudy" Ruettiger, that it has signed a distribution partnership with Millbrook Distribution Services, Inc.
Anglo-Canadian Uranium Corp.
Anglo-Canadian Uranium Corp.: Information on Historical Colorado Uranium Estimate and Development Strategy
VANCOUVER, British Columbia, May 17, 2006 (PRIMEZONE) -- Anglo-Canadian Uranium Corp. ("The Company") (TSX-V:URA) is pleased to announce additional information on its Uranium/Vanadium project located in Colorado, USA, previously referred to as the Spider Rock Property. Management has recently acquired a geological report prepared by James Johnston, District Geologist for the region in 1984, with a number of highlights and recommendations for further exploration. Management intends to use this report in conjunction with its geological team to initiate a comprehensive development program designed at outlining a NI 43-101 compliant report and further drill program for identifying additional uranium and vanadium resources.
Renasant Corporation Declares Dividend
TUPELO, Miss., May 17, 2006 (PRIMEZONE) -- At its monthly meeting on Tuesday, May 16, 2006, the board of directors of Renasant Corporation (Nasdaq:RNST) approved the payment of a quarterly cash dividend of twenty-three cents ($.23) per share to be paid July 3, 2006, to shareholders of record on June 16, 2006.
Wastech, Inc. Closes Purchase of West Virginia Mineral Rights
CHARLESTON, S.C., May 17, 2006 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today is pleased to announce that on April 14, 2006, it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.