Stock Trading - Running Fox Resources Announces Oversubscribed Private Placement Financing of $1,275,000
Running Fox Resources Announces Oversubscribed Private Placement Financing of $1,275,000
VANCOUVER, British Columbia, Jan. 31, 2006 (PRIMEZONE) — Steven Schurman, CEO, on behalf of the Board of Directors reports:
Novo Nordisk A/S: Director/PDMR Shareholding
BAGSVAERD, Denmark, Jan. 31, 2006 (PRIMEZONE) — In accordance with Section 28a of the Danish Securities Trading Act, Novo Nordisk is required on a daily basis to publish trading in Novo Nordisk shares by the company's board members, executives and their associated persons as reported by those persons to Novo Nordisk.
Acura Pharmaceuticals, Inc. Secures Bridge Funding
PALATINE, Ill., Jan. 31, 2006 (PRIMEZONE) — Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced it has secured gross proceeds of $750,000 under a term loan agreement (the"Loan") with Essex Woodlands Health Ventures V, L.P., Care Capital Investments II, L.P., Care Capital Offshore Investments II, L.P., Galen Partners III, L.P., Galen Partners International III, L.P. and Galen Employee Fund III, L.P (collectively the"Bridge Lenders"). The Loan matures on June 1, 2006, bears an annual interest rate of 10%, is secured by a lien on all assets of the Company and its subsidiary, and is senior to all other Company debt. The Company will use utilize the net proceeds from the Loan to continue funding product development and licensing activities relating to OxyADF tablets and other product candidates utilizing its Aversion Technology. The Loan permits the funding of additional cash amounts subject to agreement by the Company and the Bridge Lenders. No assurance can be given, however, that any additional funding will be advanced to the Company under the terms of the Loan.
Pinstripe Establishes Talent Acquisition and Recruitment Process Outsourcing Practice to Help Healthcare Clients Resolve Staffing Challenges
BROOKFIELD, Wis., Jan. 31, 2006 (PRIMEZONE) — Pinstripe, a leading recruitment process outsourcing and recruitment services firm, announced today the establishment of a specialized healthcare group. Under the direction of newly appointed Executive Vice President Jill Schwieters, the Healthcare Group will assist healthcare providers, clinical laboratories, medical equipment manufacturers, pharmaceutical companies, biotechnology firms and other medical and healthcare organizations in addressing the ongoing challenges of recruitment, utilization and retention of highly qualified healthcare staff.
Industrial Manufacturers Report Renewed Economic Optimism, According to PricewaterhouseCoopers Survey
NEW YORK, Jan. 31, 2006 (PRIMEZONE) — Large, U.S.-based industrial manufacturers report renewed optimism about the U.S. and world economies over the next 12 months, despite continued concern about high energy prices, according to PricewaterhouseCoopers'Manufacturing Barometer. In the year ahead, these companies expect solid revenue growth, a higher level of new investments, as well as an upturn in hiring and M&A activity.
Wataire Industries Shareholders Update
VANCOUVER, British Columbia, Jan. 31, 2006 (PRIMEZONE) — As per Wataire Industries Inc.'s (Pink Sheets:WTAF) press release dated January 17,2006 regarding a proposed forward one for two stock split, all documented shareholders of Wataire Industries have been sent shareholders proxies. As stated in the release, the proposed stock split is subject to shareholder approval.
Friendly Energy Retains Oil Investment Syndication Firm
CARSON CITY, Nev., Jan. 31, 2006 (PRIMEZONE) — Friendly Energy Corp. (Pink Sheets:FDEG) announces today that it has entered into an letter of intent, subject to formal documentation, with an investment syndication firm for the purpose of raising up to three million six hundred thousand dollars ($3,600,000.00) in participation interests in the Peach Creek West Prospect of Central Oklahoma.
Advanced Communications and Pacific Magtron International Jointly Announce Court Approval of Pacific Magtron International's Reorganization Disclosure Statement and Confirmation of Pacific Magtron, Inc.'s and Pacific Magtron (GA), Inc.'s Plans Of Liquidation
NEW YORK, Jan. 31, 2006 (PRIMEZONE) — Advanced Communications Technologies, Inc. (OTCBB:ADVC), a New York-based holding company that specializes in the technology after-market service and supply chain known as reverse logistics, and its majority owned subsidiary Pacific Magtron International Corporation, Inc. (OTCBB:PMICQ), jointly announced today that at a January 24, 2006 bankruptcy court hearing, Pacific Magtron International Corporation, Inc.'s (PMIC) Disclosure Statement to accompany it's Plan of Reorganization filed with the U.S. Bankruptcy Court in the southern district of Nevada has been approved. At the same hearing, the court confirmed Pacific Magtron, Inc.'s (PMI) and Pacific Magtron (GA), Inc.'s (PMIGA), wholly-owned subsidiaries of PMIC, Plans of Liquidation.
AdZone Research Signs Contract with Web Wise Kids Estimated to be Worth More Than $50,000,000 Annually
CALVERTON, N.Y., Jan. 31, 2006 (PRIMEZONE) — AdZone Research, Inc. (OTCBB:ADZR) today reported it has signed a contract with Web Wise Kids, Inc. it estimates to be worth more than $50,000,000 annually.
Victor Industries'Shareholders to Benefit from Post Merger Dividend
LOS ANGELES, Jan. 31, 2006 (PRIMEZONE) — The management of Victor Industries (OTCBB:VICI) has determined it to be in the best interests of shareholders, should the merger with FSP be successfully completed, to form a new company to better service the soil additive and environmental remediation products Victor currently markets.
Old National Reports 21.7 Percent Increase in Fourth-Quarter Earnings From Continuing Operations Over Fourth Quarter of 2004; Full-Year Earnings From Continuing Operations Represents a 33.7 Percent Increase Over 2004
EVANSVILLE, Ind., Jan. 31, 2006 (PRIMEZONE) — Old National Bancorp (NYSE:ONB) today announced fourth-quarter earnings from continuing operations of $19.5 million, or $.28 per share. This compares with income from continuing operations of $18.9 million, or $.28 per share, in the third quarter of 2005 and $16.4 million, or $.23 per share, in the fourth quarter of 2004. Net income, which includes results from discontinued operations, mirrored income from continuing operations for the fourth quarter of this year as the impact of the sales of all discontinued operations were completed during the third quarter.
Emerge Capital Corp. Subsidiary Purchases 70% of Sagamore Holdings, Inc.
HOUSTON, Jan. 31, 2006 (PRIMEZONE) — Emerge Capital Corp. (OTCBB:EMGC) announced today that its wholly owned operating subsidiary Corporate Strategies, Inc. has purchased approximately seventy percent (70%) of the outstanding common stock of Sagamore Holdings, Inc.