latest news releases from the newsroom
GoldSpring, Inc. Enters Into Ten Year Mining Lease for Its Big Mike Copper Mine
GOLD HILL, Nev., Sept. 25, 2006 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that it has entered into a ten year lease with a local company, controlled by a former GoldSpring director, for a 10 year lease of all of its mining claims for its Big Mike copper mine. The lease calls for a $50,000 initial payment, which is scheduled to be made at the beginning of this week to cover royalty payments due for the first two years of the lease term. Additionally, the lessee must pay GoldSpring $75,000 when a production permit is awarded, and $125,000 when commercial mining commences. Additionally, the lessee agrees to a work expenditure of $300,000 for environmental and engineering matters in the first twelve months of the lease. During the term of the lease, Gold spring will also receive a production royalty of between 3% and 5% of net returns from copper mining, dependent on the price of copper.
Financial Stocks, Inc.
Financial Stocks, Inc. Adds to Private Equity Team with Addition of Former Fifth Third Bank Executive
CINCINNATI, Sept. 25, 2006 (PRIMEZONE) -- Financial Stocks, Inc., which operates a multi-strategy investment platform focused on opportunities in the financial services sector, announced today that Robert J. King, Jr., former President and Chief Executive Officer of Fifth Third Bank (Northeastern Ohio), a unit of Fifth Third Bancorp (Nasdaq:FITB), has been hired as Managing Director in the firm's private equity division.
Crew Gold Corporation
Crew Gold Corp.: Daguma Coal Project
LONDON, Sept. 25, 2006 (PRIMEZONE) -- Crew Gold Corporation ("Crew" or the "Company") (Other
OTC:CRUGF) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) is pleased to advise a one (1) month extension of the period to complete its due diligence on the Daguma coal project option agreement in South Cotabato province on Mindanao Island, the Philippines. The option period will now expire on 22 October, 2006.
EYI Industries Inc
EYI Subsidiary Signs Definitive Agreement for the Philippines
BURNABY, British Columbia, Sept. 25, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII) (http://www.eyicom.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that on September 20, 2006 its wholly-owned subsidiary, Essentially Yours Industries (International) Limited ("EYIINTL"), signed a definitive agreement (the "Agreement") with Orientrends, Inc. ("Orientrends") to become the exclusive agent and qualified distributor for the sale of EYI products in the Philippines. The Agreement is for a term of five years commencing January 1, 2007 and renewable for consecutive one year periods provided that Orientrends meets the $1,000,000 minimum purchase requirements.
U.S. Mine Makers, Inc.
Nitro Lube, Inc. CEO Jason Rite to Conduct Webcast Interview With TheGreenBaron.com
LANGLEY, British Columbia, Sept. 25, 2006 (PRIMEZONE) -- Nitro Lube, Inc. (Pink Sheets:NTLB) announced today that Jason Rite, CEO of Nitro Lube, Inc., will conduct an exclusive webcast with The Green Baron Report so that NTLB shareholders and the investment community can learn more about the current and future prospects of Nitro Lube, Inc. The webcast will be available for listening on Tuesday, September 26th. Exclusive analysis and a complete profile of NTLB is already available on The Green Baron Investors Society's website, www.TheGreenBaron.com.
FierceMarkets Expands Web Presence
WASHINGTON, Sept. 25, 2006 (PRIMEZONE) -- In an expansion of its commitment to reaching top decision-makers in the telecom, digital media, biotech, healthcare, IT management and finance industries, FierceMarkets (www.fiercemarkets.com) today completed the relaunch of Web sites for all 16 of its email newsletters. The newly redesigned Web sites further leverage the content in FierceMarkets' industry-leading newsletters, adding a new channel for FierceMarkets publications to serve their 200-plus advertisers and 400,000-plus daily readers.
CDMA Development Group
CDG Congratulates 3G License Winners in FCC Auction 66
COSTA MESA, Calif., Sept. 25, 2006 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) congratulated winners of the FCC's Advanced Wireless Spectrum (AWS) auction, or Auction 66, in the United States which ended on Monday, September 18. Many of the winning bids came from established 3G carriers, most of which operate CDMA2000(r) networks.
Idaho Independent Bank
Idaho Independent Bank 2-for-1 Stock Split Announced
COEUR D'ALENE, Idaho, Sept. 25, 2006 (PRIMEZONE) -- Jack W. Gustavel, Chairman and Chief Executive Officer of Idaho Independent Bank (IIB), announced today that the Board of Directors of IIB has declared a two-for-one stock split payable to shareholders of record as of November 1, 2006 (the "Record Date"). The two-for-one stock split will be effected in the form of a 100 percent share dividend under which shareholders as of the Record Date will receive one additional share of stock for each share owned. The additional shares will be distributed on or about November 29, 2006.