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Archive for September, 2008

30 Sep

Xstrata Copper: Kidd Metallurgical and CAW-Local 599 Fail to Reach Collective Agreement

TIMMINS, ONTARIO–(Marketwire - Oct. 1, 2008) - Xstrata Copper Canada announces that the Kidd Metallurgical site and CAW-Local 599 were unable to agree to the terms for a new collective agreement. As a result, CAW Local 599 initiated a strike. The existing collective agreement expired at midnight, September 30, 2008.

“Despite the Union having broken off talks at 2 pm on Monday, the company bargaining team continued to try to negotiate an agreement. We are very disappointed that the Union’s Executive turned down the Company’s offer. We presented a fair and competitive offer that balances the needs of employees and those of the Metallurgical Site,” stated Thompson Hickey, General Manager of the Kidd Metallurgical site.

30 Sep

Xstrata Copper: Kidd Metallurgical and CAW-Local 599 Fail to Reach Collective Agreement

TIMMINS, ONTARIO–(Marketwire - Oct. 1, 2008) - Xstrata Copper Canada announces that the Kidd Metallurgical site and CAW-Local 599 were unable to agree to the terms for a new collective agreement. As a result, CAW Local 599 initiated a strike. The existing collective agreement expired at midnight, September 30, 2008.

“Despite the Union having broken off talks at 2 pm on Monday, the company bargaining team continued to try to negotiate an agreement. We are very disappointed that the Union’s Executive turned down the Company’s offer. We presented a fair and competitive offer that balances the needs of employees and those of the Metallurgical Site,” stated Thompson Hickey, General Manager of the Kidd Metallurgical site.

30 Sep

Passport Metals Inc. Acquires Potash Property in Arizona

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Oct. 1, 2008) - Passport Metals Inc. (”Passport”) (TSX VENTURE:PPI) has entered into a mineral option agreement with Southwest Exploration Inc., a private Arizona incorporated company, to acquire a 100 per cent interest in 13 State Leases, comprising 8,413.3 acres (3,404.76 ha). The properties to be designated the “Holbrook Holdings” are located in Navajo County, covering portions of the prospective “Holbrook Basin”. According to Steven Rauzi, of the Arizona Geological Survey, the Holbrook salt basin contains halite (common table salt) and potassium-rich deposits in the early Permian Supai Formation. Previous exploration has reported the presence of potassium minerals sylvite, carnallite, and polyhalite in the main potash zone.

30 Sep

Passport Metals Inc. Acquires Potash Property in Arizona

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Oct. 1, 2008) - Passport Metals Inc. (”Passport”) (TSX VENTURE:PPI) has entered into a mineral option agreement with Southwest Exploration Inc., a private Arizona incorporated company, to acquire a 100 per cent interest in 13 State Leases, comprising 8,413.3 acres (3,404.76 ha). The properties to be designated the “Holbrook Holdings” are located in Navajo County, covering portions of the prospective “Holbrook Basin”. According to Steven Rauzi, of the Arizona Geological Survey, the Holbrook salt basin contains halite (common table salt) and potassium-rich deposits in the early Permian Supai Formation. Previous exploration has reported the presence of potassium minerals sylvite, carnallite, and polyhalite in the main potash zone.

30 Sep

MPAC Industries Corporation: Coal Refining Pilot Plant Update-Soma

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 30, 2008) - MPAC Industries Corporation (”MPAC” or the “Company”) (TSX VENTURE:MPN) is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey.

SCREEN DELIVERY

The Company is pleased to advise, pursuant to MPAC’s News Release of September 11, 2008, that the Screen is scheduled for delivery to the Pilot Plant during the week of October 6, 2008. The slight delay has been occasioned by the activities and celebrations surrounding the Ramadan Public Holiday, which commenced on September 29, 2008, and ends in Turkey on October 2, 2008, with normal business resuming on October 6, 2008.

30 Sep

MPAC Industries Corporation: Coal Refining Pilot Plant Update-Soma

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 30, 2008) - MPAC Industries Corporation (”MPAC” or the “Company”) (TSX VENTURE:MPN) is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey.

SCREEN DELIVERY

The Company is pleased to advise, pursuant to MPAC’s News Release of September 11, 2008, that the Screen is scheduled for delivery to the Pilot Plant during the week of October 6, 2008. The slight delay has been occasioned by the activities and celebrations surrounding the Ramadan Public Holiday, which commenced on September 29, 2008, and ends in Turkey on October 2, 2008, with normal business resuming on October 6, 2008.

30 Sep

International Wayside Gold Mines Ltd.: Consolidation and Property Acquisition Approved

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 30, 2008) - The Board of Directors of International Wayside Gold Mines Ltd. (”the Company”) (TSX VENTURE:WGM)(FRANKFURT:IWUA) wish to report on the results of the Company’s Annual and Special General Meeting held at the Company’s offices at 1:00pm, September 26, 2008.

All of the Directors were re-elected and all of the resolutions passed, see News Release 08-12, August 29, 2008 for details regarding the Annual and Special General Meeting. Subsequent to the Annual and Special General Meeting, Stuart Ross has resigned from the Board of Directors to pursue other endeavours. We wish him well in these turbulent times.

30 Sep

International Wayside Gold Mines Ltd.: Consolidation and Property Acquisition Approved

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 30, 2008) - The Board of Directors of International Wayside Gold Mines Ltd. (”the Company”) (TSX VENTURE:WGM)(FRANKFURT:IWUA) wish to report on the results of the Company’s Annual and Special General Meeting held at the Company’s offices at 1:00pm, September 26, 2008.

All of the Directors were re-elected and all of the resolutions passed, see News Release 08-12, August 29, 2008 for details regarding the Annual and Special General Meeting. Subsequent to the Annual and Special General Meeting, Stuart Ross has resigned from the Board of Directors to pursue other endeavours. We wish him well in these turbulent times.

30 Sep

WCSB GORR Oil & Gas Income Participation Limited 2008-I Limited Partnership-Joint Venture With Eagle Rock Explorations

CALGARY, ALBERTA–(Marketwire - Sept. 30, 2008) - WCSB GORR Oil & Gas Income Participation Limited 2008-I Limited Partnership (”the Partnership”) is pleased to announce that its wholly-owned subsidiary WCSB GORR Income Participation 2008 Corp. (”WCSB”) has entered into a joint venture with Eagle Rock Exploration Ltd. whereby WCSB has agreed to pay certain drilling and completion costs for two horizontal and one vertical well on Eagle Rock’s Beverly Property in Southern Saskatchewan. WCSB will receive an Over-Riding Royalty interest on all production from these wells going forward. WCSB has also acquired an option with Eagle Rock to participate in the drilling and completion of an additional two horizontal wells and one vertical well.

30 Sep

Dalmac Energy Inc.: Period Eended July 31, 2008 (’Q1′09′)

EDMONTON, ALBERTA–(Marketwire - Sept. 30, 2008) - John Babic, President and CEO of Dalmac Energy Inc. (”Dalmac”) (TSX VENTURE:DAL) announces the Corporations first quarter results.

/T/

Selected Financial Information

(000’s Cdn Dollars, except per share) Q1′ 09 Q1′ 08
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Revenues 3,970 2,536
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30 Sep

Pyramid Consolidates Operations in Houston, Texas

HOUSTON, TEXAS–(Marketwire - Sept. 30, 2008) - Pyramid Petroleum Inc. (”Pyramid” or “the Company”) (TSX VENTURE:PYR) today announced that it has completed the consolidation of its corporate, operations, accounting and administrative functions in Houston, Texas. Consequently, Pyramid’s CFO, Mr. Mansoor Anjum, has resigned from all officer positions with the Company and its subsidiaries. Mr. Anjum will continue to sit as a Director on the Board. The Company intends to hire a new CFO within the next 60 to 90 days and has started interviewing suitable candidates. In the interim, Pyramid’s CEO is appointed Acting-CFO.

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