Carbon Sciences’ CEO to Address World Industry Leaders at CO2 & Energy Efficiency Forum in Istanbul
Breakthrough CO2 to Fuel Technology to Be Presented
Breakthrough CO2 to Fuel Technology to Be Presented
CALGARY, ALBERTA–(Marketwire - Dec. 1, 2008) - Kodiak Energy, Inc. (TSX VENTURE:KDK)(OTCBB:KDKN) (”Kodiak” or the “Corporation) is pleased to announce a new joint venture agreement (the “Agreement”) between CREEnergy Oil and Gas Inc.(CREEnergy) and Kodiak Energy, Inc. CREEnergy is licensed by the Communities of Peerless/Trout Lake and Bison Lake First Nations.
The Agreement is based on a foundation of respect for Alberta Cree Nation, and the Settlement Communities of Peerless/Trout Lake First nation and Bison Lake First Nation their Heritage, their Lands and the Environment and provides an opportunity for Kodiak Energy, Inc. to develop oil and gas reserves to the benefit of both CREEnergy, and Kodiak.
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Dec. 1, 2008) - Transeuro Energy Corp. (”Transeuro” or the “Company”)(TSX VENTURE:TSU)(OSLO:TSU) announces a further update on the Company’s recent negotiations with its debt holders.
The Company has now received approval of a resolution from the holders of Series B Debentures issued in June 2008 granting postponement of the interest payment that will be due on December 10, 2008 to January 13, 2009. During this postponement period, interest will be calculated on the Debentures and the interest payment amount that was due on November 14 at 17% per annum until the date the interest payment is made.
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 30, 2008) - International Wayside Gold Mines Ltd. (”the Company”) (TSX VENTURE:WGM)(FRANKFURT:IWUA) announced today that Bolder Investment Partners Ltd. (”Bolder”) has arranged a loan financing of $1,000,000. The Loan is subject to an interest rate of 10% per annum incurred and calculated monthly. Bolder shall be paid a fee of 6% and be granted a bonus of 2,000,000 shares. The proceeds of the financing will be used to repay debt and to pay current liabilities of the Company.
TORONTO, ONTARIO–(Marketwire - Nov. 30, 2008) - High River Gold Mines Ltd. (”High River” or the “Corporation”)(TSX:HRG) is providing its first bi-weekly Default Status Report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults (”NP 12-203″). On November 16, 2008, High River announced that its financial statements for the three and nine month periods ended September 30, 2008 would be filed late due to concerns over the reliability of financial information that High River received from its 85% owned subsidiary, OJSC Buryatzoloto. A management cease trade order in respect of securities of the Corporation was issued by the Ontario Securities Commission on November 19, 2008.
Gateway Shareholders Vote for Acquisition by Gold Focused, Growth Oriented Victoria Gold Corp.
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 28, 2008) - Strategem Capital Corporation (”Strategem” or the “Company”) (TSX VENTURE:SGE) today announced that it had recorded an additional write-down on its Asset-Backed Commercial Paper (”ABCP”) holdings in the quarter ended September 30, 2008.
The Company owns ABCP with a face value of $6,364,224. Management has estimated the fair value of the Company’s ABCP to be $1,239,277 at September 30, 2008. Based on this valuation, the Company recorded a write-down of $2,323,960 in the quarter ended September 30, 2008, in addition to a charge of $2,800,987 recorded in the fiscal year ended December 31, 2007.
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 28, 2008) - Gold Wheaton Gold Corp. (TSX VENTURE:GLW) (”GWC”) is pleased to announce that Gold Wheaton (Barbados) Corporation (”Gold Wheaton”), a wholly-owned subsidiary of GWC, has signed a definitive agreement with First Uranium Corporation (TSX:FIU)(JSE:FUM) (”First Uranium”) further to the letter of intent which was previously announced by GWC on November 4, 2008. Gold Wheaton will purchase a minimum of 20,000 ounces of gold in 2009 (up to a maximum of 25 percent of the gold production) and thereafter 25 percent of the life-of-mine gold production from First Uranium’s Mine Waste Solutions tailings recovery operation (”MWS”) in South Africa.
SIOUX FALLS, SOUTH DAKOTA–(Marketwire - Nov. 28, 2008) - Subsequent to a news release and Early Warning Report dated October 28, 2008, I have acquired ownership of, and control and direction over, a further 847,852 common shares (representing 2% of the outstanding shares) of Genco Resources Ltd. of Vancouver, BC by purchases made through the Toronto Stock Exchange.
I now have ownership of, and control and direction over, a total of 8,157,040 common shares (representing 19.2% of Genco’s outstanding common shares) and an option to purchase an additional 200,000 common shares. If the option was exercised, I would have ownership of, and control and direction over, 19.6% of the outstanding shares of Genco.
Silverstone Notified of Promontorio and Montoros Option Terminations
CALGARY, ALBERTA–(Marketwire - Nov. 28, 2008) - Montello Resources Ltd. (”Montello”) (TSX VENTURE:MEO) -
Further to Montello’s press release of May 6, 2008 regarding a proposed equalization arrangement, to be entered into between Montello and Nexgen Petroleum Corporation, with respect to the Bowen Block (the “Bowen Lands and Accompanying Assets”) in Tennessee, Montello announces that it has revised the equalization arrangement with Nexgen by virtue of an amending agreement dated November 9, 2008 (the “Amended Agreement”).