Kulicke & Soffa Industries Inc. (Nasdaq:KLIC) a global leader in the design and manufacture of semiconductor and LED assembly equipment, announced that it will hold a conference call to discuss the Company’s financial results for the first quarter of fiscal 2011 and business outlook on Tuesday, February 1, 2011 at 8:00 a.m. Eastern Time. The Company will issue its first quarter of fiscal 2011 results information prior to the conference call at approximately 6:00 a.m. Eastern Time on Tuesday, February 1, 2011.
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools, as well as services, maintains, repairs, and upgrades equipment, used to assemble semiconductor devices. It operates in two segments, Equipment and Expendable Tools.
Douglas Lake Identifies Several Gold Bearing Shear Structures Parallel the Magambazi Gold Trend
Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB:DLKM), further to its news releases of November 23, 2010, is pleased to provide an update for its exploration targets for 2011.
Douglas Lake has recently filed a NI 43-101 Technical Report on its four 100% owned prospecting licenses which cover 800 square kilometers in the Handeni District of eastern Tanzania. This area recently has been recognized as an important gold district after the Magambazi gold find.
The 43-101 report details the first and second phases of exploration over the license area. In the Company's November 23rd release it was disclosed that the first phase airborne geophysical survey effectively outlined the folded and faulted geologic terrain as well as five prominent Northwest-Southeast trending shear zones that extend through the Douglas Lake ground. The second phase work program concentrated on collecting and analyzing soil geochemical samples on both detailed grids as well as reconnaissance style control lines across the large project area.
Historically, the region has seen only small-scale artisanal workings which originally allowed explorers to focus on the Magambazi prospect. Now the Handeni region is recognized to be one of the prime exploration targets for gold in Tanzania.
On September 13th 2010, Canaco Resources Inc. (TSX.V CAN) announced that regional soil sampling had outlined a total of two North-Westerly parallel trends of gold mineralization on their license area. The two trends, which include the Magambazi mineralization, are said to have a combined strike length of 15 kilometers.
Within the second phase of work, outlined in Douglas Lakes' 43-101 report, portions of the five northwest-southeast shear zones were tested by widely spaced soil sample profiles. The results indicate linear anomalous gold trends in soil that are coincident with the Northwest-Southeast structures as outlined by geophysics. In total, the soil program was successful in outlining gold trends that have a combined strike length of over 40 kilometers on the Douglas Lake ground.
"The Handeni Gold Trend that was initially reported by Canaco has been significantly extended by the work on the Douglas Lake ground", reports Harp Sangha CEO. "Our results indicate that there is a lot more to this area."
About Douglas Lake
The Company is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania. For more information, go to www.douglaslakeminerals.com.
More about DLKM at: www.douglaslakeminerals.com
Sangamo Biosciences Inc. (Nasdaq:SGMO) announced that the company completed enrollment of its Phase 2b double-blind, placebo-controlled clinical trial (SB-509-901) in subjects with diabetic neuropathy (DN).
The company expects to have efficacy data from this study in the second half of 2011. The company also plans to present the first human clinical data from its Phase 1 trials of SB-728-T in HIV/AIDS in the first quarter of 2011.
Sangamo BioSciences, Inc. engages in the development, and commercialization of zinc finger DNA-binding proteins (ZFPs) for gene regulation and gene modification in the United States. Its ZFPs can be engineered to make ZFP transcription factors (ZFP TFs), proteins that can be used to turn genes on or off; and ZFP nucleases, proteins that enable to modify DNA sequences in various ways.
American Video Teleconferencing Corp. (OTCPK:AVOT)
The 17 elements that are classified as “rare earth” are becoming an increasingly important part of our daily lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For example, there are nearly ten pounds of the rare earth element, lanthanum, in every Toyota Prius engine.
In addition, rare earth elements are vital to military technology. Contrary to the name, rare earth metals aren’t particularly rare and can be found in most any continent. In recent weeks the US government has made important steps to increase production of these metals, as they will play an important part in President Obama’s overhaul of U.S. energy.
China has been one of the main supplier to the US of the Earth’s rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China’s decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here’s why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US’s Northern neighbor.
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.
Presently AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
American Capital, Ltd. (Nasdaq:ACAS) announced that it has signed an agreement to acquire triVIN Holdings, Inc. ("triVIN"), a leading provider of automobile title management services to lenders and vehicle registration services to automobile dealers.
DealerTrack will pay approximately $131 million, net of any cash acquired, and the transaction will be financed with existing cash. The acquisition is expected to significantly expand the breadth of DealerTrack's transaction business, and to further strengthen DealerTrack's relationships with lenders and automobile dealers. The acquisition is expected to close in the first quarter of 2011, subject to customary closing conditions.
American Capital, Ltd. is as a principal investment firm specializing in management and employee buyouts, mezzanine, acquisition, recapitalization, middle market, and growth capital investments. The firm seeks to invest in senior debt mezzanine and equity financing for buyouts of private equity firms and direct in private and public companies.
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