American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. recently announced that it has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall. AVOT, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. AVOT will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
GAIN Capital Holdings, Inc. (NYSE:GCAP) a global provider of online trading services, plans to announce fourth quarter and full year 2010 financial results on Tuesday February 15, 2011 before the opening of the market. A conference call to discuss GAIN Capital's financial results will be held that day at 11:00 am EST. Those wishing to listen to the call should dial 1-866-700-0133, international dial-in: 1-617-213-8831 participant pass code: 35619396. Please dial-in at least 10 minutes prior to the start of the call to ensure connection. A live audio webcast of the call, a copy of GAIN Capital's earnings release and a presentation will also be available on the investor relations section of GAIN Capital's web site, at: ir.gaincapital.com , and will be available for replay shortly after the event. A replay will be available for one week by dialing: 1-888-286-8010, international dial-in: 1-617-801-6888 participant pass code: 80164152. The replay will be available starting approximately two hours after the completion of the conference call.
GAIN Capital Holdings, Inc., through its subsidiaries, operates as an online provider of retail foreign exchange trading and related services. The company was founded in 1999 and is headquartered in Bedminster, New Jersey.
Orofino Gold Corp. is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. ORFG has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
San Carlos - Senderos de Oro Area
Geologically similar to Angostura and Ventana but higher grade, open at depth and to the west toward La Azul.
The observed metallogenic zonation around Senderos de Oro evokes a very viable “hidden porphyry” exploration model. Based upon exploration carried out to date, it is clear that the area hosts significant resources of gold, copper and silver, which, facilitated by the current database and favorable topography, has generated excellent “fast-trackable” bulk-tonnage or high-grade underground Au-Ag-Cu exploration targets.
A total of 165,000 tons of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes into the manufacturing of different jewelry products.
Although primarily used as a store of value, gold has many modern industrial uses including dentistry and electronics. Gold has traditionally found use because of its good resistance to oxidative corrosion and excellent quality as a conductor of electricity.
ORFG was founded as a private company in 2009 by former executives and management with over 50 years of combined mining exploration, finance and development experience.
To learn about ORFG visit: http://www.orofinogold.com
Cenveo Inc. (NYSE:CVO) announced that it completed its previously announced acquisition of the Envelope Products Group of MeadWestvaco. The Envelope Products Group manufactures and distributes envelope products for the billing, financial and direct mail markets and has approximately 900 employees. The combined companies will form the largest, most innovative envelope company in the world.
Cenveo, headquartered in Stamford, Connecticut, is a leader in the management and distribution of print and related products and solutions. Additional information regarding these and other factors can be found in Cenveo, Inc.'s periodic filings with the SEC, which are available at www.cenveo.com.
Christopher & Banks Corporation (NYSE:CBK) announced that, in conjunction with its recent hiring of Larry Barenbaum as President and Chief Executive Officer, the Board of Directors, acting on the recommendation of the Compensation Committee, approved a non-qualified stock option for Mr. Barenbaum to purchase 1,350,000 shares at an exercise price of $5.73, which was the closing price on the NYSE on Friday, January 28, 2011. The options vest as to 450,000 shares on each of the first three anniversaries of the date of grant and vesting is accelerated in the event of a change-in-control.
Christopher & Banks Corporation, through its subsidiaries, operates as a retailer of women's apparel in the United States. Christopher & Banks Corporation was founded in 1956 and is based in Plymouth, Minnesota.
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