latest news releases from the newsroom
Tornado Gold International Corp.
Tornado Gold International Corp. Raises $1.84 Million in Private Placement
RENO, Nev., July 21, 2006 (PRIMEZONE) -- Tornado Gold International Corp. (OTCBB:TOGI), a mineral exploration company focused exclusively on identifying and defining large scale gold deposits in Nevada, announced today that it raised $1,844,000 of financing in the closing of a private placement from issuance of its common stock and warrants to purchase common stock to a limited number of accredited investors or non-U.S. persons. The closing occurred on July 18, 2006. The warrants are exercisable in cash, representing a potential $3,688,000 in additional proceeds, bringing the total gross process of this offering to approximately $5,532,000 upon full exercise of the warrants.
Port of Houston Authority
PHA Commission Considers Security Fee Increase
HOUSTON, July 21, 2006 (PRIMEZONE) -- The Port Commission of The Port of Houston Authority will consider an increase in the port cargo security fees and several other matters at its public meeting on Monday, July 24, beginning at 1 p.m. in the board room of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
Prosper, Inc. and the Enlightened Wealth Institute Announce Attainment of $1 Billion USD in Student Profits
PROVO, Utah, July 21, 2006 (PRIMEZONE) -- In October 2003, Robert Allen's Enlightened Wealth Institute set a goal to help their students collectively achieve one billion dollars in investment profits. On July 7, 2006, internationally recognized wealth educator and New York Times best-selling author, Robert G. Allen visited Prosper, Inc. employees to announce that with their help, they had achieved this goal.
TalkingStocks.com Announces Profile Coverage of Avatar Systems, Inc.
DALLAS, July 21, 2006 (PRIMEZONE) -- Saleem Hijazy of TalkingStocks.com announced today that the web site has initiated Profile Coverage of Avatar Systems, Inc. (OTCBB:AVSY). Formed in 1996, Avatar Systems offers a wide range of IT products and services to empower business through great technology. Avatar provides business solutions that increase profitability and improve efficiency. Avatar Systems is the petroleum industries leader in ERP / Accounting software, services and Internet technologies for oil and gas exploration and production companies.
JetBlue Airways Corporation
JetBlue Celebrates Launch of Nonstop Service Between Syracuse and Orlando
SYRACUSE, N.Y., July 21, 2006 (PRIMEZONE) -- JetBlue Airways (Nasdaq:JBLU) today celebrates the launch of daily nonstop service between Syracuse Hancock International Airport and Orlando International Airport. This is the only nonstop service offered by any airline from Syracuse to any Florida destination. Orlando becomes the airline's second nonstop destination from Syracuse, with regular fares for the new flights ranging from $99(a) to $299(a) each way. JetBlue crewmembers will celebrate the new service, which began yesterday, at an airport event this afternoon with U.S. Senator Charles E. Schumer, Syracuse Mayor Matthew Driscoll and airport officials.
Overseas Shipholding Group, Inc.
OSG Named Co-Defendant in Pacific Ruby Indictment
NEW YORK, July 21, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) was indicted on July 19, 2006 by a federal grand jury in Beaumont, Texas for alleged violations of law concerning maintenance of books and records with respect to the handling of waste oils on the Pacific Ruby, one of the Company's wholly-owned Aframax vessels. OSG was named as a co-defendant in a superseding indictment of the chief engineer on the Pacific Ruby, who was first charged on May 17, 2006.