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Archive for August, 2008

31 Aug

Vantage Drilling Company Announces Intention to Offer $135 Million Senior Secured Callable Bonds Due 2011

HOUSTON, TX–(Marketwire - August 31, 2008) - Vantage Drilling Company (”Vantage”) (AMEX: VTG.U) (AMEX: VTG) (AMEX: VTG.WS) today announced its intention to offer,
subject to market and other conditions, approximately $135 million
aggregate principal amount of Senior Secured Callable Bonds Due 2011 in a
private placement to qualified institutional buyers pursuant to Rule 144A
under the U.S. Securities Act of 1933, as amended, and outside the United
States in accordance with Regulation S under the Securities Act. The
interest rate, security package and other terms of the bonds will be
determined by negotiations between Vantage and the initial purchasers of
the bonds.

30 Aug

Gustav Strong Category Three Hurricane With Potential to Quickly Become a Category Four Hurricane

Eastward Deviation From Forecast Track Raises Uncertainty of Ultimate Landfall Location

30 Aug

Grenville Begins Road Work at Espanola Property

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 30, 2008) - Grenville Gold Corporation (”Grenville” or “the Company”), (TSX VENTURE:GVG)(PINK SHEETS:GVLGF)(FRANKFURT:F9I)(WKN:A0KELU) announces that it has begun to repair the roads leading to the Espanola Copper Property. The road work will allow better access to the property for additional exploration and development.

Grenville’s Espanola copper property is located 100 kilometres south of Lima. On May 16, 2007, Grenville reported (see Stockwatch on May 16, 2007) that a total of 45 grab samples of rock were collected from various underground workings. The average of the samples was 0.19 parts per million gold and 2.51 per cent copper. Mineralization on surface is hosted by steeply dipping malachite-stained quartz veins averaging between 0.5 to 3 metres wide. In the underground workings sulphide mineralogy consists of bornite and chalcopyrite. Results are consistent with the former producing Raul/Condestable mines, located 15 kilometr

29 Aug

Solitaire Minerals Corp. Grants Incentive Options

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 30, 2008) - Solitaire Minerals Corp. (TSX VENTURE:SLT)(OTCBB:SREMF) (the Company) announces that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants and employees to purchase in the total of 2,500,000 common shares in the capital stock of the company exercisable for a period of five years, at a price of $0.10 cents per share. These options are subject to a four-month hold period.

29 Aug

Inmet and Petaquilla Copper Sign Definitive Support Agreement

VANCOUVER, BRITISH COLUNMBIA–(Marketwire - Aug. 29, 2008) - Inmet Mining Corporation (TSX:IMN) and Petaquilla Copper Ltd. (TSX:PTC) announced today that they have entered into a definitive support agreement in connection with the revised offer by 6910360 Canada Inc. (the “Offeror”), a wholly-owned subsidiary of Inmet, announced on August 26, 2008 (the “Offer”). Pursuant to the terms of the Offer, PTC shareholders will be entitled to receive $2.20 in cash per PTC common share. The obligation of the Offeror to take up and pay for the PTC common shares is subject to the condition, among others, that there shall have been validly deposited under the Offer and not withdrawn at least 66 2/3 percent of the PTC common shares on a fully diluted basis.

29 Aug

Gold Hawk Announces Second Quarter Financial Results

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 29, 2008) - Gold Hawk Resources Inc. (”Gold Hawk” or the “Company”) (TSX VENTURE:CGK) provides below a summary of the Company’s financial results for the second quarter ended June 30, 2008. Note that due to production suspension as of May 9, 2008, production results relate only to the period April 1, 2008 to May 8, 2008.

Second Quarter Highlights

- Generating second quarter revenue from metal sales of $3,289,476

- Average daily ore processed of 410 tonnes per day processing 15,587 tonnes of ore in the April 1-May 8 period, with production of 653 ounces of gold, 35,946 ounces of silver, 390,127 pounds of lead and 468,012 pounds of zinc;

29 Aug

Humble CH2M HILL Icon Jim Howland Passes Away

Little Yellow Book Creator Emphasized Professional Ethics, Personal Integrity

29 Aug

Nexstar Energy Announces Second Quarter Financial Results, Private Placement and Annual Meeting

CALGARY, ALBERTA–(Marketwire - Aug. 29, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

Nexstar Energy Ltd. (”Nexstar Energy” or the “Company”) (TSX VENTURE:NXE.A) (TSX VENTURE:NXE.B) announces that its second quarter interim unaudited financial statements will be filed today on SEDAR at www.sedar.com and will also be posted on the Company’s website at www.nexstar-energy.com.

The Company is also pleased to announce that, subject to regulatory approval, it is proceeding with a non-brokered private placement on a best-efforts basis (the “Private Placement”) of a minimum of 4,000 Units ($4.0 Million) and a maximum of 5,000 Units ($5.0 Million). Each Unit will be priced at $1,000 and will be comprised of a $1,000 Convertible Debenture providing a 2% annual interest rate and 20,000 Purchase Warrants to acquire Flow-Through Class A Shares of the Company (the “Class A Warrants”). Each $1,000 Debenture will mature on September 30, 2010 and will be convertible at

29 Aug

International Millennium Mining Corp.: 2nd Quarter 2008 Report

NORTH VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 29, 2008) - International Millennium Mining Corp. (the “Company”) (TSX VENTURE:IMI) (FRANKFURT:L9J) announces the release of its 2nd Quarter financial statements and MD&A (the “Quarterly Report”) for the six months ended June 30, 2008 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report.

/T/

Summary of 2nd Quarter ended
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C

29 Aug

WCSB GORR Oil & Gas Income Participation 2008-I Limited Partnership Offering Closed August 28th, 2008-$6,694,600 Raised

CALGARY, ALBERTA–(Marketwire - Aug. 29, 2008) - WCSB GORR Oil & Gas Income Participation Limited 2008-I Limited Partnership (”the Partnership”) is pleased to announce that it has completed the second and final closing of its public offering of Limited Partnership units. The Partnership issued a total of 66,946 Limited Partnership units for total of $6,694,600 raised.

Partnership Objectives.

The Partnership aims to provide Limited Partners with income, capital appreciation, and tax deductions through the direct participation in the production of and exploration for oil and natural gas while avoiding exposure to the market volatility associated with securities of public energy issues.

29 Aug

Sinchao Metals Announces First Quarter Financials and Operating Results

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 29, 2008) - Sinchao Metals Corp. (TSX VENTURE:SMZ) - (all figures in Canadian dollars, unless otherwise noted)

Sinchao Metals Corp. is an exploration and development company focused on the Sinchao polymetallic mineralization project in Peru. Today it reports results for the 3 months ended June 30, 2008.

Highlights:

Financial

- Loss for the quarter was $8,670 compared to net income of $110,988 for the same quarter in 2007 and net income per share of $0.000 compared to $0.002 net income per share in 2007. The loss in the quarter compared to the prior year was due to the fluctuation in exchange rates and the resulting reduction in the foreign exchange gain.

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