latest news releases from the newsroom
Golden Patriot Corp.
Golden Patriot, Corp. Reports that Uranium Samples are Now at Lab for Analysis
NEW HYDE PARK, N.Y, July 22, 2005 (PRIMEZONE) -- Golden Patriot, Corp. (OTCBB:GPTC) is extremely pleased to announce that it has been informed by the operator that the initial phase of sampling has been completed on the Lucky Boy Uranium Prospect in Arizona. These samples have been shipped to the SGS laboratories in Toronto for analysis. According to Ashworth Explorations Ltd., the operator, "From June 16th to July 7th, including mobilization and de-mobilization, the field crew consisting of 6 geo-technicians and 1 geologist, have been working on the Lucky Boy Property south of Globe, Arizona. Work consisted of establishing a GPS control grid of 50 m line spacing and 50 m station points. Approximately 600 station points have been sampled using a proprietary geochemical sampling method called MMI (Mobile Metal Ion) from Australia. This proven technology has led to the discovery of many unseen ore bodies and it is GPTC aim to discover through this geo-chemical method along with radiometric surveys (scintillometer and radon gas detection) extensions of the existing ore body and new deposits on the Lucky Boy claims. Contingent upon all results the project geologist, along with Dr. Joe Montgomery, will decide where the drill holes will be spotted. This drill program should be ready to proceed in the fall of this year."
Occidental Petroleum Corp.
Occidental Petroleum Announces Second Quarter Earnings
LOS ANGELES, July 22, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the second quarter 2005 of $1.536 billion ($3.82 per share), compared with $581 million ($1.48 per share) for the second quarter 2004. Included in the second quarter 2005 net income are the benefits of two previously announced transactions -- a $619 million tax benefit related to the resolution of certain IRS tax issues and an $89 million after-tax gain from the sale of 11 million shares of Lyondell Chemical Company. Core earnings for the second quarter were $851 million ($2.12 per share), compared with $584 million ($1.49 per share) for the same period in 2004.
Intentia Announces Six Month 2005 Results
STOCKHOLM, SWEDEN, July 22, 2005 (PRIMEZONE) -- Intentia International AB (XSSE:INTB) (Other OTC:IAINF), the global enterprise solutions provider for the manufacturing, distribution and maintenance industries, announces its results for the first six months of 2005. The complete financial report is available at www.intentia.com.
Pergo to Accelerate its Improvement Program
STOCKHOLM, Sweden, July 22, 2005 (PRIMEZONE) -- The Board of Pergo has approved the management's recommendation to hasten the restructuring of its European operations. After having recently completed the consolidation of its manufacturing facilities in Sweden, the Company will now look to further optimize its cost structure.