NT Holding Enters Into a Definitive Agreement to Acquire a Shanxi Coal Mine (Stock Trading)
NT Holding Enters Into a Definitive Agreement to Acquire a Shanxi Coal Mine
HONG KONG, Sept. 28, 2006 (PRIMEZONE) — NT Holding Corp. (OTCBB:NTHH) today announced it has entered into a definitive purchase agreement with Shanxi Linfen Lingu Coal Mine Limited ("Lingu"), a coal mining company located in Shanxi, China. NTHH had previously announced that it had entered into discussions with Lingu to work toward execution of a definitive purchase agreement on September 27, 2006.
Frontline Ltd.: Newbuildings and Sale of Assets
HAMILTON, Bermuda, Sept. 29, 2006 (PRIMEZONE) — As previously reported in June 2006, Frontline Ltd. ("Frontline"or the"Company") has been granted an option for further two VLCC newbuilding contracts at Jiangnan Shipyard in China for delivery 2010/2011. The Company has now exercised these options and simultaneously sold the newbuilding contracts to a third party including an element of profit.
Harsco Corporation Declares Regular Quarterly Cash Dividend
HARRISBURG, Pa., Sept. 27, 2006 (PRIMEZONE) — The Board of Directors of Harsco Corporation (NYSE:HSC) today declared a regular quarterly cash dividend of $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable November 15, 2006 to stockholders of record as of October 16, 2006.
Jati Technologies Inc. Announces the Acquisition of Volansa Technologies Inc.
MONTREAL, Sept. 28, 2006 (PRIMEZONE) — Jati Technologies Incorporated (Pink Sheets:JTKG) announced today the acquisition of Volansa Technologies Inc., a Montreal-based innovative software development company with a focus on product design and development. This acquisition comes as a congruent move within the context of its new business direction to extend its lead in the product development market. The manpower and guest management solutions of Volansa complement the WinTIME and other products in the Jati Technologies Portfolio of products and enhance the value of the Jati offering.
Deep Rock Oil&Gas, Inc. Announces the Completion of $40 Million Advancing Credit Facility for Z2, LLC
TULSA, Okla., Sept. 28, 2006 (PRIMEZONE) — Deep Rock Oil&Gas, Inc. (Pink Sheets:DPRK), along with other members of Z2, LLC (Z2) is pleased to announce the closing of a $40,000,000 Advancing Credit Facility with Gasrock, LLC of Houston, Texas on August 26, 2006. This financing will permit Z2 to further exploit its Big Foot Field holdings in south Texas. The financing will be utilized to rework producing wells which are currently not producing and to begin a drilling program on a portion of the 200 proven undeveloped locations contained in Z2's engineering report dated January 1, 2006.
Changes on AutoZone Board
MEMPHIS, Tenn., Sept. 27, 2006 (PRIMEZONE) — AutoZone, Inc. (NYSE:AZO) announced today that Edward S. Lampert, the Chairman and CEO of ESL Investments, Inc. ("ESL") and Chairman of Sears Holdings Corporation, will not be standing for re-election to the AutoZone Board of Directors, in order to devote more time to other duties at ESL and Sears Holdings. The Board has nominated Theodore W. Ullyot, Executive Vice President and General Counsel of ESL, to fill the Board seat vacated by Mr. Lampert.
Leading Brands, Inc. Announces Q2 and YTD Results
VANCOUVER, British Columbia, Sept. 28, 2006 (PRIMEZONE) — Leading Brands, Inc. (Nasdaq:LBIX), North America's only fully integrated premium beverage company, announces results for the second quarter of its 2006 fiscal year which ends February 28, 2007. All financial amounts denominated in US dollars.
Canaco Exercises Option and Releases 43-101 Report on Douglas Lake Mineral's Morogoro Property
VANCOUVER, British Columbia, Sept. 28, 2006 (PRIMEZONE) — Harp Sangha, CEO / President of Douglas Lake Minerals Inc. (OTCBB:DLKM), announced today that Canaco Resources has exercised its option to work on the Morogoro concession under the terms of the Strategic Alliance Agreement between the two companies. The property, located in the Kilosa district of east-central Tanzania, consists of a Prospecting License with a total area of 150 square kilometres.