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Global Hunter Corp. (TSX.V:BOB) (FSE:G5D) recently secured a $2,500,000 loan to advance its Corona de Cobre project in Chile. The proceeds from the loan will be used by Global Hunter to fund project expenses and for general working capital purposes. The loan will have a two year term and loan principal will be convertible at the option of the lender in whole or in part into units of Global Hunter until eighteen months from the date of the loan advance at the price of $0.06 per Principal Unit. Each Principal Unit will be comprised of one common share and one-half of a non-transferable warrant. Each whole warrant will be exercisable to purchase one additional common share for $0.10 at any time until eighteen months from the date of the loan advance.

Global Hunter’s focus is on strategic and base metals, particularly copper and molybdenum. Global Hunter has built an outstanding portfolio of projects in the stable geopolitical geographies of Canada and Chile. Our exploration and development teams are on the ground rapidly advancing the La Corona de Cobre property near La Serena, Chile and the Rabbit South property in British Columbia, Canada. Either one of these projects could carry the company forward on a stand-alone basis, but together they bring Global Hunter additional stability, strength and value.

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American Video Teleconferencing Corp. (OTCPK:AVOT) announced recently that it has signed an option agreement for three gold bearing claim blocks situated in the northern mining district of Saskatchewan, Canada. Assays taken in 2008 on selected samples returned repeatable high grade gold values of 7gms/ton (.25oz) to 112.9gms/ton (3.99oz/ton).The property owners did random sampling in June 2007 and had an assay of 933gms/ton (32.9oz/ton) of gold from one of the samples and that prompted the writing of a technical report on the project that was prepared in compliance with the National Instrument 43-101 and Form 43-101F1 and was issued on November, 28 2008.

The project is 1385 hectares in area and covers several documented nickel-copper and gold showings and land in proximity to lake sediment geochemical and biogeochemical anomalies. All these are part of the Snowbird Tectonic Zone which is a major tectonic structure and extends for more than 2,000 kilometres. Access to the project is currently by float or ski equipped aircraft or by helicopter to Stony Rapids which is accessible by commercial aircraft from the major cities of Saskatoon or Regina in southern Saskatchewan.

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United Natural Foods, Inc. (Nasdaq:UNFI) announced recently that it intends to release its financial results for the first quarter of fiscal 2011, ended October 30, 2010, before the market opens on Wednesday, December 8, 2010. Management will conduct a conference call and audio webcast at 10:00 a.m. ET on December 8, 2010 to review the Company's quarterly results, market trends and future outlook.

United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. The Company operates 28 distribution centers, representing approximately 7.6 million square feet of warehouse space.

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Universal Stainless & Alloy Products (Nasdaq:USAP) announced recently that it has entered into an agreement with VSMPO, the largest titanium manufacturer in the world, to supply hot roll conversion services. The agreement reflects a strategic initiative by Universal Stainless to increase facility utilization company-wide through expansion of its conversion services.

Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels together with its wholly owned subsidiaries.


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Urban Outfitters, Inc. (Nasdaq:URBN) announced earnings of $73 million and $198 million for the three and nine months ended October 31, 2010, respectively. Earnings per diluted share were $0.43 for the quarter and $1.16 for the nine months ended October 31, 2010. Total Company net sales rose by 13% over the same quarter last year to $574 million.


Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company that operates under the Urban Outfitters, Anthropologie, Free People and Terrain brands. The Company also operates a wholesale segment under the Free People and Leifsdottir brands.

 

 

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