latest news releases from the newsroom
Current Capital Spotlight Stocks To Watch for Wednesday, December 15, 2004: BNTNF, UPL, IOC
TORONTO, Dec. 15, 2004 (PRIMEZONE) -- Current Capital introduces our spotlight stock, Bontan Corporation (OTCBB:BNTNF), to the investment community! Bontan Corp. has acquired an Indirect Participation Interest ("IPI") of 0.75% in the world's largest onshore oil exploration program. Location: Papua New Guinea. The oil exploration program is undertaken by InterOil Corporation (AMEX:IOC), which is an international integrated energy company. Bontan Corp. also recently announced that its wholly owned subsidiary, Bontan Oil & Gas Corporation (BOG), has entered into an agreement with a private investor group in the United States to acquire a working interest in a gas exploration project. The project is located in the prolific natural gas producing state of Louisiana. Further details on this play are sure to be imminent! There are approximately 12 million shares outstanding. The stock closed yesterday at $1.45. Other notable stocks that look great lately include:
Market Pulse Announces its AM Hot Stock Picks for Wednesday, December 15, 2004: XCHC, WAVX, AMAT, FDEI
ATLANTA, Dec. 15, 2004 (PRIMEZONE) -- Market Pulse is pleased to introduce our featured stock, the X-Change Corporation (OTCBB:XCHC), to the investment community! X-Change is new to Market Pulse and is a company that was organized to seek merger or acquisition candidates in the oil and gas industry! XCHC has had several excellent news announcements out lately and one again before today's opening bell! Investors and chart watchers should be following this one closely! Other notable stocks that look great lately from a fundamental and technical perspective include:
Megola Announces Signing of LOI for Purchase of UV Innovation's Air and Water Disinfection Product Line
CORUNNA, Ontario, Dec. 15, 2004 (PRIMEZONE) -- Megola, Inc. (OTCBB:MGOA), a leading solution provider in physical water treatment, microbiological control, wastewater treatment and air purification, announced that it has signed a Letter of Intent (LOI) to acquire the intellectual property rights to an extensive line of ultraviolet (UV) air and water disinfection units to compliment its existing air and water treatment products. The all-stock transaction should be completed within the next 90 days.