latest news releases from the newsroom
Carthew Bay Technologies Inc.
Astris Energi Reports Fiscal 2005 Results
MISSISSAUGA, Ontario, May 3, 2006 (PRIMEZONE) -- Astris Energi Inc. (OTCBB:ASRNF), an alkaline fuel cell (AFC) technology company, today reported its audited financial results for the twelve months ended December 31, 2005. All amounts are in Canadian dollars unless otherwise indicated.
Molecular Pharmacology (USA) Limited
Molecular Pharmacology to Acquire Topical Cox-2 Inhibitor Candidate as Part of Australian Transaction
LOS ANGELES, May 3, 2006 (PRIMEZONE) -- Molecular Pharmacology (USA) Limited (OTCBB:MLPH) announced today the discovery of a new topically applied COX-2 inhibitor drug candidate MPL-356, following results by MDS Pharma Services (MDS), one of the world's leading independent pharmacology testing laboratories. The results were from a development program commenced by Molecular Pharmacology Limited Australia (MPLA), which is in the process of being acquired by MPL-USA and returned encouraging results in COX-2 inhibition studies. The study and follow-up replication and dose response study, conducted by MDS's Taiwan laboratory, evaluated MPL-356 in the inhibition of human Cyclooxygenase COX-2 in vitro with results reporting inhibition of up to 90% of the key pro-inflammatory enzyme.
Deep Rock Oil & Gas, Inc.
Deep Rock Oil & Gas, Inc. Acquires Working Interest in Big Foot Field
TULSA, Okla., May 3, 2006 (PRIMEZONE) -- Deep Rock Oil & Gas, Inc. (Pink Sheets:DPRK) announced today that it has finalized the acquisition of 6.29% interest in Z2, LLC which owns 100% of the working interest in Big Foot Field, Frio and Atatscosa Counties, Texas. Based on reserve reports by a leading national engineering firm, this acquisition adds 75,000 barrels of proven developed producing (PDP) oil to Deep Rock's ownership in this field. For a cost of $5.37 per barrel, Deep Rock is estimated to receive future net cash flow of $1,671,000 with a present value at 10% of $877,000.
MEDirect Latino, Inc.
MEDirect Latino Inc. Becomes Reporting Company with the SEC
PLANTATION, Fla., May 3, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced that its Form 10 was declared effective by the SEC on April 8th, 2006, and the company is now a fully reporting company with the SEC. The Company will commence regular quarterly financial filings with the filing of its 10Q for its fiscal third quarter, which ended on March 31, 2006.
Anglo-Canadian Uranium Corp.
Anglo-Canadian Uranium Corp. -- Exploration Underway at Skoonka Creek Gold Project
VANCOUVER, British Columbia, May 3, 2006 (PRIMEZONE) -- Anglo-Canadian Uranium Corp. ("The Company") (TSX-V:URA), with its 100% owned subsidiary Anglo-Canadian Gold Corp., is pleased to announce that its phase one exploration program has been initiated on its Skoonka Creek gold project in the Lytton / Spences Bridges area of B.C. This phase one program will consist of prospecting, sampling and hand trenching in highly prospective areas of the project, with follow-up geochemistry and geophysics upon completion. The initial work crew on the project will be joined by additional personnel in the next two weeks to assist in this phase one program. Management anticipates that additional exploration will lead to a late summer / early fall drill program on defined targets. Additional details concerning results will be announced as they occur.
Novo Nordisk A/S
Novo Nordisk A/S: Director/PDMR Shareholding
BAGSVAERD, Denmark, May 3, 2006 (PRIMEZONE) -- Trading in Novo Nordisk shares by board members, executives and associated persons as reported to Novo Nordisk on 2 May 2006In accordance with Section 28a of the Danish Securities Trading Act, Novo Nordisk is required on a daily basis to publish trading in Novo Nordisk shares by the company's board members, executives and their associated persons as reported by those persons to Novo Nordisk.
GB&T Bancshares, Inc.
Mountain State Bank Joins GB&T Bancshares
GAINESVILLE, Ga., May 3, 2006 (PRIMEZONE) -- GB&T Bancshares, Inc. (Nasdaq:GBTB), a multi-bank holding company, and Mountain Bancshares, Inc., parent company of Mountain State Bank, announced today that they have completed their merger. Following overwhelming approval by the Mountain Bancshares' shareholders and final regulatory approval, Mountain State Bank, with offices in Dawson and Forsyth counties (GA), became GB&T Bancshares' seventh affiliate bank, effective at the end of the business day on Friday, April 28, 2006.
NetBank, Inc. Holds Annual Meeting of Shareholders
ATLANTA, May 3, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(R) (www.netbank.com), held its 2006 Meeting of Shareholders on May 2 in Alpharetta, Ga. Seventy-two percent of the total shares outstanding were represented at the meeting.