FREE Daily Stock Alerts From Stock-PR.com
Central European Media Enterprises Ltd. (Nasdaq:CETV) announced transaction to acquire 100% of the shares of Bontonfilm a.s. ("Bontonfilm") from Bancroft Private Equity, LLP and minority shareholders. Bontonfilm is a film, home entertainment, digital and television rights distribution company with operations in the Czech Republic and Slovak Republic and a leading market position in each country. Total cash consideration was US$11 million and additional cash consideration currently estimated at a maximum of US$1.5 million may be payable to the sellers in December 2011, depending on the OIBDA achieved by Bontonfilm for 2010, the amount of cash and working capital in the business at closing and the satisfaction of certain other indemnification obligations.
Central European Media Enterprises Ltd. (NASDAQ:CME) operates as a vertically integrated media company operating broadcast, content, and new media businesses in central and eastern European countries. The company was founded in 1994 and is based in Hamilton, Bermuda.
Orofino Gold Corp. (ORFG)
Orofino Gold Corp. President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) hosted investors interested in a firsthand look at the company's Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.
The group spent four days in Colombia during which they had an opportunity to tour Orofino's active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia's revitalized foreign investment opportunities and stability. Following this site visit, Orofino's directors and investors are expected to prepare for the company's future funding and development needs as it continues to expand exploration at Senderos de Oro.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino's corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
La Azul (formerly La Estrella) is an artisanal gold production mine in the Senderos de Oro area controlled by Orofino. La Azul is composed of a mixed sequence of predominantly volcanic rocks featuring vein systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
Gold is metallic, with a yellow colour when in a mass, but when finely divided it may be black, ruby, or purple. It is the most malleable and ductile metal; 1 ounce (28 g) of gold can be beaten out to 300 square feet. It is a soft metal and is usually alloyed to give it more strength. Gold is a good conductor of both heat and electricity. It is not affected by air and most regents.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
Symantec Corp. (NASDAQ:SYMC) announced it has been honored with two 2011 STAR Awards for Excellence from the Technology Services Industry Association (OTC:TSIA), the services industry's largest association. Symantec Enterprise Support Services received the STAR Awards for Excellence in Value-Added Support and in Customer Commitment.
Symantec Corporation provides security, storage, and systems management solutions to secure and manage information. It operates in four segments: Consumer, Security and Compliance, Storage and Server Management, and Services. More information is available at www.symantec.com.
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. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
Biomass is a generic term used to describe fuel generated from plant or animal matter and is a renewable resource. Over 3.5% of energy is comes from biomass- the largest amount of any renewable source. Much of this energy source comes from recycling garbage or waste material. Some of it is used for electricity generation; some for heating; and some for biofuel production.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
UTi Worldwide (Nasdaq:UTIW - News) announced that it has successfully issued $150 million (principal amount) of senior unsecured guaranteed notes, amended and extended two of its existing letter of credit facilities and entered into a new revolving credit facility. The new notes were issued in a private offering, bear a fixed rate of interest of 3.67 percent per annum and amortize semi-annually beginning February 2014 through maturity in August 2018. Certain other terms of the notes are similar to those under the company's existing senior unsecured guaranteed notes which it issued in July 2009 and which mature August 2014. A portion of the proceeds from the new notes was used to pay the approximately $33.3 million of principal amount remaining outstanding under the company's unsecured notes issued in 2006, which notes had a July 9, 2011 termination date.
UTi Worldwide Inc., through its subsidiaries, operates as a supply chain services and solutions company. Its primary services include air and ocean freight forwarding, customs brokerage, distribution, inbound logistics, truckload brokerage, and other supply chain management services, such as consulting, the coordination of purchase orders, and customized management services, as well as supply chain planning and optimization services.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Stock-PR.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold Stock-PR.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings Inc. (OTCPK:CRWE) has previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG). Crown Equity Holdings Inc. (OTCPK:CRWE) has received 5,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services for Cleantech Transit, Inc. (OTCPK:CLNO).
Sign Up For Free Stock Alerts At http://stock-pr.com/signup