Agria Corporation (NYSE:GRO) announced a partial takeover offer for PGG Wrightson Limited (PGW). In its announcement yesterday, Agria's CEO said, "Agria has no intention to increase its shareholding above 50.01% if the offer is successful, and has committed not to make a further offer at a higher price for a period of 12 months." Agria wishes to clarify that its present intention is not to acquire more than 50.01% of PGW through this takeover offer.
Agria Corporation operates as an agriculture company in China. It engages in research and development, production, and sale of upstream agriculture products. Agria Corporation is headquartered in Beijing, the Peoples Republic of China.
Douglas Lake Minerals Inc. (OTC:DLKM)
Douglas Lake Minerals Inc. offers gold mining and exploration services. DLKM is based in Surrey, Canada.
Douglas Lake Minerals Inc. recently provided an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania. Douglas Lakes' 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 km(2) which are directly adjacent to, and partly surround, Canaco Resources Inc's (V.CAN) 200 km(2) Kilindi license which holds the Magambazi gold mineralization occurrence.
Douglas Lake Successfully Delineates Structural Controls on Gold Mineralization in the Four Handeni Project PLs.
To learn more about DLKM visit: http://www.douglaslakeminerals.com
First Trust Strategic High Inco (NYSE:FHY) declared the Fund’s regularly scheduled monthly common share distribution payable on January 14, 2011 to shareholders of record as of January 5, 2011. The ex-dividend date is expected to be January 3, 2011. The monthly distribution information for The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2011 distributions will be made after the end of 2011.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
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.
Regional geochemistry (stream sediments & soils) has outlined three potential areas for more detailed exploration.
All areas have similar NE–trending structural control, historic workings.
Most advanced target – 1500 meters long with many historic tunnels and rock sample results up to 253.1 g/t gold; pending soil grind results, drilling planned in 2011.
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. ORFG will be mobilizing drills in the first quarter of 2011.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. Orofino Gold has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
To learn about ORFG visit: http://www.orofinogold.com
DWS Global High Income Fund, Inc. (NYSE:LBF) announced regular quarterly, yearly and special income. DWS Global High Income Fund, Inc. is subject to investment risk. Bond investments are subject to interest-rate and credit risks. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. Leverage results in additional risks and can magnify the effect of any losses.
DWS Global High Income Fund, Inc. operates as a closed-end, nondiversified management investment company.
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