John Hancock Preferred Income Fund III (NYSE:HPS) announced that portfolio information, such as performance, top-ten holdings and sector and industry weightings, as of November 30, 2010 is available for John Hancock closed-end funds. This information is available on John Hancock Funds' web site at www.jhfunds.com by clicking on "Closed-End Funds" under "Funds & Performance" tab. John Hancock Premium Dividend Fund (previously known as John Hancock Patriot Premium Dividend Fund II) (NYSE:PDT).
John Hancock Preferred Income Fund III is a closed-ended equity mutual fund launched by John Hancock Funds, LLC. It is co-managed by John Hancock Advisers, LLC and MFC Global Investment Management (U.S.), LLC.
Blackrock Real Asset Equity Tru (NYSE:BCF) announced distributions and special distributions In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, each of the Funds noted above posted to the DTC bulletin board and sent to their shareholders as of the applicable record date a Section 19 notice with the previous dividend payment. The Section 19 notice was provided not for tax reporting purposes but for informational purposes only. This information can be found in the “Closed-End Funds” section of www.blackrock.com. If applicable, the final determination of the source and tax characteristics of all distributions in 2010 will be made after the end of the year.
Douglas Lake Minerals Inc. (OTC:DLKM)
Douglas Lake Successfully Delineates Structural Controls on Gold Mineralization in the Four Handeni Project PLs.
Douglas Lake Minerals Inc. recently released 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 Minerals Inc. offers gold mining and exploration services. DLKM is based in Surrey, Canada.
To learn more about DLKM visit: http://www.douglaslakeminerals.com
American Video Teleconferencing Corp. (OTCPK:AVOT)
Rare-earth minerals consist of terbium, which is used in flat-panel TVs and high-efficiency fluorescent lamps; and neodymium, key to the permanent magnets in high-efficiency electric motors. Rare-earth materials are not all that unusual. The series of nonferrous metals frequently occurs in the environment. According to Design Chain Associates, the majority of rare-earth materials are as common as copper, and even the rarest, is more common than gold.
Part of the market pressure on rare-earth minerals arises from new demand that green technologies has prompted. Industry, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
AVOT recently announced that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are 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.
Urstadt Biddle Properties Inc. (NYSE:UBP) announced its fourth quarter and full year financial results for the fiscal year ended October 31, 2010. The company also announced an increase in the quarterly dividend rates on its Class A and Common stock. Diluted funds from operations (“FFO”) for the quarter ended October 31, 2010 amounted to $8,079,000 or $0.28 per Common share and $0.30 per Class A Common share compared with $6,958,000 or $0.25 per Common share and $0.28 per Class A Common share in last year’s fourth quarter. For the year ended October 31, 2010, diluted FFO amounted to $30,053,000 or $1.07 per Common Share and $1.18 per Class. A Common share compared with $30,108,000 or $1.10 per Common Share and $1.22 per Class A Common share in fiscal 2009.
Urstadt Biddle Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States.
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