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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce 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.
Orofino Gold Corp. (PINK OTC: ORFG) (”Orofino Gold” or the “Company”) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
The company is please to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. (see full resume on the company website at www.orofinogold.com)
Mr. Pernett will be responsible for all affairs of the Company in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the company’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The company and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the company’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of the Company. His resignation is effective immediately. The Company wish him well and success in future endeavors.
Lockheed Martin Corporation (NYSE:LMT) has awarded a Lockheed Martin (NYSE:LMT)-led industry team a fixed-price-incentive-fee contract to construct up to 10 Littoral Combat Ships (LCS). The first of the 10 ships will be acquired in 2010, at a contract value of $437 million, and the rest via options through 2015. If all options are exercised, the total value of the ship construction portion of the contract will reach approximately $3.6 billion. Marinette Marine Corporation, a Fincantieri company, will construct the ships in Marinette, Wis., and naval architect Gibbs & Cox will provide engineering and design support.
Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the United States and internationally. The company also provides management, engineering, technical, scientific, logistic, and information services.
Lear Corp. (NYSE:LEA) will hold a conference call to review the company's fourth-quarter and full year 2010 financial results and related matters on February 1, 2011 at 9:00 a.m. EST.
Lear Corporation engages in the design and manufacture of automotive seat systems and related components for automobiles and light trucks. Its seat components include mechanisms, seat trim covers, and seat foams. The company also offers traditional wiring and power management systems, as well as high-power and hybrid electrical systems. It has operations in North America, South America, Europe, and Asia.
Ryder System, Inc. (NYSE:R) a leader in transportation and supply chain management solutions, wishes to recognize the heroic efforts of employee, Jim Phillips, whose fast thinking, brave actions and calm, tactical response helped rescue a grandmother and her granddaughter from being swept away by floodwaters.
Ryder System, Inc. provides transportation and supply chain management solutions. The company operates in three segments: Fleet Management Solutions (NYSE:FMS), Supply Chain Solutions (NYSE:SCS), and Dedicated Contract Carriage (DCC). The FMS segment provides leasing, contract maintenance, contract-related maintenance, and commercial rental of trucks, tractors, and trailers primarily in the United States, Canada, and the United Kingdom.
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