latest news releases from the newsroom
Golden Patriot Corp.
Golden Patriot, Corp. Plan of Operations for Initial Drill Phase on Gold Prospect Being Prepared
LAKE SUCCESS, N.Y., Dec. 4, 2006 (PRIME NEWSWIRE) -- Golden Patriot, Corp. ("Golden Patriot") (OTCBB:GPTC) (Frankfurt Stock Exchange:GPU) is extremely pleased to announce that Golden Patriot's partner in the Debut Gold Property in Elko, Nevada has now received approval to move forward with the project. The operator of the prospect is now moving forward with a plan of operations for the initial exploration phase on this project. The initial exploration is expected to commence in the first quarter of 2007. Terms of the option agreement call for exploration expenditures of CDN$1,000,000 and all property payments over a period of 10 years to be paid by the optionee.
Seadrill Ltd: Minutes From General Meeting 2006
HAMILTON, Bermuda, Dec. 4, 2006 (PRIME NEWSWIRE) -- Seadrill Limited (the "Company") advises that the 2006 Annual General Meeting of the Company was held on December 1, 2006 at 11:30 a.m. at the Fairmont Hamilton Princess, 76 Pitts Bay Road, Hamilton, Bermuda. The following resolutions were passed:
Beacon Events Ltd
11th Annual 3G World Congress & Mobility Marketplace Opens in Hong Kong
HONG KONG, Dec. 3, 2006 (PRIME NEWSWIRE) -- The 11th Annual 3G World Congress & Mobility Marketplace, Asia's largest wireless event, opened today at the Hong Kong Convention and Exhibition Centre. From 4-7 December 2006, over 1500 participants including 170 top-level speakers from around the world will gather for this event to explore emerging trends, market opportunities and global key issues affecting the wireless industry.
Beceem Introduces Industry's First Mobile WiMAX Wave 2 Terminal Chipset
HONG KONG, Dec. 2, 2006 (PRIME NEWSWIRE) -- In a move that continues its leadership in Mobile WiMAX, Beceem Communications (www.beceem.com) today announced the immediate availability of the industry's first baseband and RF chipset that supports all features of the Mobile WiMAX Wave 2 Profile. The BCS200 chipset, which includes advanced smart antenna technologies such as MIMO and beamforming plus Beceem's CMOS direct conversion radio, continues to set the industry standard for performance.
Keller Rohrback L.L.P.
Keller Rohrback L.L.P., Kirby McInerney & Squire, L.L.P, and Schiffrin & Barroway, LLP Announce Ruling in JPMorgan Chase Cash Balance Plan Litigation
NEW YORK, Dec. 1, 2006 (PRIME NEWSWIRE) -- Class Counsel who have filed a class action complaint against the pension plan maintained by JPMorgan Chase & Co. (NYSE:JPM) on behalf of all participants in the JP Morgan Chase Retirement Plan, In re J.P. Morgan Chase Cash Balance Litigation, today announce that the Honorable Judge Harold Baer, Jr. has denied JP Morgan's motion to dismiss the case. In an opinion dated October 30, 2006, United States District Court Judge Baer of the Southern District of New York upheld the Plaintiffs' claim that the JPMorgan Chase "cash balance" formula pension plan discriminates based on age, in violation of the Employee Retirement Income Security Act ("ERISA"), allowing plaintiffs' claim to proceed. Judge Baer ruled that under a cash balance plan, "the age discrimination arises because . . . older workers accrue their retirement benefits at a slower rate than similarly situated younger workers." The Court also upheld Plaintiffs' claims that the JP Morgan Chase Retirement Plan failed to provide participants with adequate notice when implementing the cash balance formulas for the Plan and its predecessors.