latest news releases from the newsroom
AAMPRO Group, Inc.
AAMPRO Group, Inc. Files 8-K Report on Dividend of Telco Energy, Inc. Shares; Shareholders to Receive 1 Share of Telco for Every 3 Shares of AAMPRO
WHITEHOUSE, N.J., March 5, 2003 (PRIMEZONE) -- AAMPRO Group, Inc. (OTCBB:AAPO) filed an 8-K report on the previously declared dividend of Telco Energy Inc. ("Telco") common stock to AAMPRO shareholders of record as of March 31, 2003. AAMPRO shareholders of record shall receive one (1) share of Telco for every three (3) shares of AAMPRO. In addition, for every share of Telco received by AAMPRO shareholders, they will be vested with a right pursuant to a Rights Offering to acquire one (1) additional share of Telco Energy, Inc. for $1.50 per share.
Ibbotson Offers Free "Stock Performance After Recessions" Chart
CHICAGO, March 5, 2003 (PRIMEZONE) -- Ibbotson Associates, a leading provider of investment tools and knowledge, today announced that it is offering a free chart to customers who register at its newly redesigned website, www.ibbotson.com. The new chart, "Stock Performance after Recessions," demonstrates the relative historical performance of small- versus large-cap stocks following recessionary periods.
Trivalence Mining Corp.
Trivalence Mining Corporation - Quarterly Financials
VANCOUVER, B.C., March 5, 2003 (PRIMEZONE) -- Trivalence Mining Corporation (TSX Venture Exchange:TMI) (OTCBB:TMIGF): For the quarter ended December 31, 2002, the Company reports a net loss of $1,656,958 or $0.10 per share on revenues of $1,728,782. This compares to a net loss of $1,357,984 or $0.08 per share on revenues of $1,654,349 for the same period in 2001.
Navigator Ventures Inc.
Navigator Ventures Secures Financing
MIAMI, March 5, 2003 (PRIMEZONE) -- BARI Holdings Irrevocable Trust has entered into a due diligence period during which it will conclude negotiations to capitalize Navigator Ventures (OTCBB:NVGV) and its wholly owned subsidiary Golden Apple Holding Company. As an indication of its good faith, BARI has placed $19,000,000 in AAA Government securities into a Trust Account on behalf of Golden Apple with the Oxford Financial Group of Dallas, TX. Funding from BARI would be debt financing on which Navigator will pay interest.
Virgin Express: press release
PARIS, March 5, 2003 (PRIMEZONE) -- CMA CGM, the leading French shipping company, and Virgin Express (Euronext Brussels: VIRE) (OTCBB:VIRGY), the European low fare airline, have taken notice of the Air Lib file and confirm their interest in creating and developing a new airline operation in France.