latest news releases from the newsroom
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert for Running Fox Resource Corp.
POMPANO BEACH, Fla., Sept. 5, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com issues trade alert for Running Fox Resource Corp. (Pink Sheets:RFXRF) (TSX-V:RUN). According to M. D'Alonzo at First Equity Group Inc., recent news flow from the company has been very positive, "The company is completing a non-brokered flow-through private placement financing in the amount of $500,000 with key members of its management. The financing is priced at 80 cents for a share and a warrant, with each warrant exercisable at $1.10 for one year and $1.50 in the second year. Proceeds to be allocated to Alberta gas and oil well drilling."
New Jersey Mining Company
New Jersey Mining Company Increases Resources
KELLOGG, Idaho, Sept. 5, 2006 (PRIMEZONE) -- New Jersey Mining Company (OTCBB:NJMC) completed Phase I of its 2006 drilling program at the Golden Chest mine near Murray, ID. The underground Idaho vein resource was increased by 100% to 160,000 tonnes grading 5.5 grams gold per tonne.
Cubic Energy, Inc.
Cubic Energy, Inc. Announces Success in Its 6th Cotton Valley Well
DALLAS, Sept. 5, 2006 (PRIMEZONE) -- Cubic Energy, Inc. (OTCBB:QBIK) ("Cubic" or the "Company") announced today the successful drilling of the S.E. Johnson 19 No. 1, the Company's 6th Cotton Valley well in the Company's Bethany Longstreet field. Preliminary well log analysis has identified numerous gas pay sands in the Cotton Valley and Upper and Lower Hosston formations. Casing has now been set and the Company is designing and planning completion operations. Cubic has a 25% working interest in the S.E. Johnson 19 No. 1 well.
U.S. Global Companies Prefer Foreign Nationals Over American Ex-Patriots for Overseas Managerial Posts, According to Summus Survey
NEW YORK, Sept. 5, 2006 (PRIMEZONE) -- A new survey of senior hiring managers and HR professionals identified a growing demand for foreign nationals to fill overseas posts at large and mid-sized, U.S.-based global corporations. Eighty-five percent of the companies interviewed by market research firm Summus, Ltd. reported a preference for hiring foreign nationals over U.S. ex-patriots for management positions at their international operations. Reasons given include foreign nationals' familiarity with their local culture and ways of doing business; the willingness of foreign nationals to remain in these posts over time, in contrast to many American managers' reluctance to take on international assignments; and the growing administrative and compensation costs associated with sending American employees to live and work in other countries.
Nevada Gold & Casinos, Inc.
Nevada Gold Hosts Thousands at Vernon Downs Opening
HOUSTON, Sept. 5, 2006 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announced today that the opening of Vernon Downs Racetrack included a crowd of over 12,000 fans and invited guests. The opening weekend included magicians, jugglers, clowns, and live music, ending with a spectacular fireworks display every night.
StockGuru.com Announces Profile Coverage of Smart SMS Corp.
DALLAS, Sept. 5, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Smart SMS Corporation (Pink Sheets:STMC). SmartSMS(tm) is a state of the art mobile marketing agency that specializes in creating and managing mobile marketing applications in over 17 countries worldwide. SmartSMS(tm) maintains a catalog of over 250 mobile applications, ranging from text chat services to multi-media applications, such as the delivery of ringtones, pictures, and screensavers. SmartSMS(tm) differs from the others by being the first to develop unique marketing concepts that incorporate the latest innovations in mobile technology that create blockbuster campaigns. With SMS still accounting for approximately 90% of European operators' non-voice revenues, operators have been aggressively working to step up the value of SMS through premium SMS -- content-based SMS that requires mobile-phone users to pay a premium tariff for special value-added services or content. The hype surrounding premium SMS is at an all-time high. Currently, the bulk of premium rate SMS activity is largely confined to GSM operators in Europe. SMART started this revolution in early 2000, and strives to continue the trend here, in the United States. Mobile operators in many regions of the world are now heavily pushing their SMS services to third-party content providers as a way to offer content to mobile customers. For example, well-known consumer brands such as Sony, Nike and Pepsi and media outlets have now integrated SMS into their marketing strategies.
Titanium Group Ltd.
Titanium Group's Technology Showcased at Grand Opening of IBM'S China Innovation Center in Beijing
SAN JOSE, Calif., Sept. 5, 2006 (PRIMEZONE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, today announced that its breakthrough technology was recently showcased at the grand opening of IBM's China Innovation Center located in Zhong guancun Software Park, Beijing. Titanium's ProAccess FaceOK and ProAccess FaceGuard products will continue to be part of IBM's core components of the innovative platform in the IBM Laboratory to develop cutting-edge products. It is believed that more than 100 companies will visit Titanium's facial recognition technology in the IBM Laboratory this year according to Billy Tang, Chief Operation Officer of Titanium Group Ltd.