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Cleantech Transit Inc. (OTCPK:CLNO)
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.
"Bioconversion" uses plant and animal wastes to produce "biofuels" such as methanol, natural gas, and oil. 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. Biomass energy is gaining popularity as a valuable energy supplement and is being acknowledged for its capability to help counteract many environmental problems facing us today.
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 pleased to provide additional details after achieving success on the 500 KW facilities and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
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.
Various properties of gold, including its luster and ability to resist oxidization in air and water, make it a popular choice when it comes to making ornaments. Alloying gold with other metals, such as copper or silver, tends to increase its durability, which is capitalized on while making gold jewelry. Being portable and durable, gold has been used for financial transactions since a long time.
Please Visit Siga Resources Inc website http://sigaresourcesinc.com
Chemtura Corporation (NYSE:CHMT) a leading global specialty chemicals company, announced plans to build a new multi-purpose manufacturing facility in Nantong, China, to support its growth strategy. "This project lays the groundwork for growth through investment in the world's most rapidly expanding market. It will enhance our ability to satisfy customer demand in China and the wider Asia-Pacific region," said Craig A. Rogerson, Chemtura's chairman, president, and chief executive officer.
Chemtura Corporation, together with its subsidiaries, engages in the manufacture and sale of specialty chemical solutions and consumer products worldwide. Chemtura Corporation was founded in 1900 and is based in Middlebury, Connecticut.
Orbital Sciences Corp. (NYSE:ORB) announced that it has entered into a new five-year $300 million revolving credit facility that replaces the company`s existing $100 million revolving credit facility, which was scheduled to mature in 2012. The new facility also permits the company to increase the aggregate principal amount up to $450 million, subject to the availability of additional commitments from the lenders.
Orbital Sciences Corporation develops and manufactures small and medium-class rockets and space systems for commercial, military, and civil government customers. The company operates in three segments: Launch Vehicles, Satellites and Space Systems, and Advanced Space Programs.
Ingram Micro Inc. (NYSE:IM) announced that Brian Wiser has been appointed senior vice president, Specialty Solutions Division, North America. In this role, Wiser reports directly to Keith Bradley, senior executive vice president and president of Ingram Micro's North America region. He replaces John Soumbasakis who was appointed in April to senior vice president and president Latin America and reports to Greg Spierkel, CEO, Ingram Micro.
Ingram Micro Inc. and its subsidiaries distribute information technology (NYSE:IT) products and supply chain solutions worldwide. The company offers various IT products, including peripherals, systems, software, networking, and others.
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