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Siga Resources Inc (OTCPK:SGAE)
Siga Resources Inc announced that Siga has come to an agreement with Big Rock Resources Ltd. whereby the two companies will develop the Lucky Thirteen gold placer claim under a 50/50 joint venture.
Big Rock Resources Ltd. (1BR.F, ISIN CA0894851066, WKN A1JJYB www.bigrockresources.com) has agreed to fund the initial evaluation program for $400,000 USD, and provide funding up to $8.5 million USD to place the property in full production. The partners will operate Lucky Thirteen under a Joint Venture company, Lucky 13 Mining Company Ltd., owned 50/50 by Siga and Big Rock. Lucky 13 Mining Company Ltd. will be the operator. Siga has already secured the initial operating permits for the necessary rail crossing and initial test mining. Siga is currently constructing the washing and initial process plant to be used in the evaluation program. Siga's President Ed Morrow said that "Siga is most pleased to have Big Rock Resources as a Joint Venture Partner. The combined power of the partnership will facilitate the rapid development of a production operation at Lucky thirteen."
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America.
Gold is always fashionable and has never stopped being the object of desire of many people. In fact it seemed to defy economic crises and recessions and kept its' value at high levels. This is why investors saw in it the best commodity in times where nothing could be seen as safe. They purchase gold as bars, jewelry, bullion coins or gold sovereign coins and many other forms.
Please Visit Siga Resources Inc website http://sigaresourcesinc.com
IDEXX Laboratories, Inc. (Nasdaq:IDXX) announced the appointment of George Fennell as Corporate Vice President, General Manager, North American Companion Animal Group Customer Facing Organization, effective May 31. Mr. Fennell joins IDEXX from Pfizer, Inc., where he recently served for five years as Vice President, U.S. Companion Animal Division of Pfizer Animal Health, leading its overall sales, marketing and technical operations functions.
IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the veterinary and production animal markets, as well as for the water testing and dairy markets. The company was founded in 1983 and is headquartered in Westbrook, Maine.
Cognizant Technology Solutions Corp. (Nasdaq:CTSH) a leading provider of information technology, consulting, and business process outsourcing services, announced that its Board of Directors has authorized the expansion of its existing share repurchase program by $150 million, bringing the total authorization under the current repurchase program to $300 million. In addition, Cognizant's Board has extended the expiration date for the repurchase program to June 30, 2012.
Cognizant Technology Solutions Corporation provides information technology (NYSE:IT) consulting and technology services, as well as outsourcing services in North America, Europe, and Asia. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.
Travelzoo Inc. (Nasdaq:TZOO) a global Internet media company, announced that Chris Loughlin, chief executive officer, will present at the 8th Annual Craig-Hallum Institutional Investor Conference. The presentation will take place on Wednesday, June 1, 2011, at 11:55 a.m. Central Daylight Time at the Radisson Plaza Hotel in Minneapolis. Attendance to the conference is by invitation only.
Travelzoo Inc., an Internet media company, publishes travel and entertainment offers from various travel and entertainment companies in North America and Europe. Travelzoo Inc. was founded in 1998 and is headquartered in New York, New York.
Cleantech Transit Inc. (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide. Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Biomass is a collective term that means producing energy from plants or animals. One common method is burning plant material to heat water and generate electricity. The other common method of creating biomass includes digesting organic material like sludge or manure to produce methane, which is then burned, or flared, to produce electricity. Sugar cane is grown in some areas, and can be fermented to make alcohol, which can be burned to generate power. Other solid wastes, can be burned to provide heat, or used to make steam for a power station.
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas ("syngas"), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California's feed-in-tariff with a 15-year power purchase agreement.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
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