latest news releases from the newsroom
Holmen: 100 jobs to go at Hallsta Paper Mill -- but no redundancies
STOCKHOLM, Sweden, Sept. 22, 2004 (PRIMEZONE) -- Holmen's Hallsta Paper Mill in Hallstavik, just north of Stockholm, Sweden, is today starting union negotiations regarding the previously announced cost reduction programme. The mill currently has an established work force of around 1,000 positions, but this will have been reduced to approximately 900 by the autumn of 2005. The object is to maintain the mill's long-term competitive strength and improve its profitability.
Pentony Enterprises LLC
StockGuru.com Announces Profile Coverage for Automotive Capital Group, Inc.
DALLAS, Sept. 22, 2004 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced profile coverage of Automotive Capital Group, Inc. (Pink Sheets:AOCP). Mr. Pentony spoke of the new client, "This is one of the most revolutionary micro cap companies out there. At first glance you may appear to have a car dealership, or a high tech firm. The reality is that Automotive Capital Group, with its NaviCom GPS device, offers the most unique approach to high risk automotive sales and financing."
Sunwin International Neutraceuticals, Inc.
Leading Chinese Neutraceutical Company Realizes 26% Revenue Increase in the First Quarter Ended July 31, 2004
BOCA RATON, Fla., Sept. 22, 2004 (PRIMEZONE) -- Sunwin International Neutraceuticals, Inc. (OTCBB:SUWN), an industry leader in distribution and manufacturing of Chinese herbs, veterinary medicines and a natural sweetener in China, reported today results for the first quarter ended July 31, 2004.
Diamond Discoveries International
Diamond Discoveries Commences Drilling at Torngat
VANCOUVER, British Columbia, Sept. 22, 2004 (PRIMEZONE) -- As stated in the press release dated September 8, 2004, Diamond Discoveries International Corp. (OTCBB:DMDD) is pleased to report that the drill is set up on the Torngat Mountain Property in northern Quebec and that drilling commenced on September 21, 2004. Peter Ferderber, consultant and project manager said, "Our initial target is the St Pierre kimberlite dyke system. Our first hole will be drilled at -45 degrees with an initial depth of 300 feet (90 metres)." Rock samples from the St. Pierre Dyke were confirmed to be kimberlite by a petrographic study by geological consultants, Miller and Associates. The samples contain mantle nodules of forsterite olivine. The composition of the mantle nodules is equivalent to the forsteritic olivine associated with diamondiferous kimberlites.