latest news releases from the newsroom
Surge Global Energy, Inc.
Signet Energy Inc, Completes CDN$18.7 Million in Equity Financing
SAN DIEGO, July 12, 2006 (PRIMEZONE) -- Surge Global Energy, Inc., (OTCBB:SRGG), former parent company of Signet Energy, Inc. ("Signet"), the operator of the Sawn Lake Oil Sands Development, today announced that Signet completed its second round of equity financing for gross proceeds of C$18.7 million. The private placement was co-lead by RBC Capital Markets ("RBC") and MGI Securities Inc.
SmallCap Sentinel: The Lifeblood Distribution Deal
IRVINE, Calif., July 12, 2006 (PRIMEZONE) -- "The small cap world is often populated by great idea mills, ingenuity factories with talented CEO's at the helm who have readied their innovative product for market," said SmallCap Sentinel analyst D.R. Clark. "That's phase one. But what must happen after all the blood, sweat and tears of research and development is that someone must consummate a distribution agreement of import, to validate the company and generate its material purpose of revenues."
Energy Source, Inc.
Bancorp International Group, Inc. Announces Recent Actions
OKLAHOMA CITY, July 12, 2006 (PRIMEZONE) -- Bancorp International Group, Inc. (Other OTC:BCIT) announced today that it has completed the filing of its Form 10-KSB for the years 2000-2005 inclusive, as well as its Form 10-QSB for the three months ended March 31, 2006. Having completed these report filings, the Company is current in its reporting obligations under applicable federal securities laws.
The NASDAQ OMX Group, Inc.
NASDAQ Introduces New Select Market Maker Program
NEW YORK, July 12, 2006 (PRIMEZONE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today announced it intends to initiate its Select Market Maker Program, a certification program designed to recognize market makers who offer the highest levels of quoting and execution quality in NASDAQ-listed securities. The Select Market Maker Program will begin in the fourth quarter of 2006, pending Securities and Exchange Commission (SEC) approval.