Orofino Gold Corp. (ORFG.PK) 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.
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.
Orofino Gold Corp. is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
Power3 Medical Products, Inc. (OTC.BB:PWRM) a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that company management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer’s and Parkinson’s, to name a few.
“We are very excited to be finally ridding ourselves of litigation that has plagued us for several years now,” stated Ira L. Goldknopf, President and Chief Scientific Officer of Power3 Medical Products, Inc. “We have big plans for the future beginning with our upcoming acquisition of Rozetta-Cell and are about to enter a long and substantial growth phase marked by advances in our science and intellectual property. Given the imminent nature of many of these transactions and breakthroughs, we have decided, in consultation with the financiers of Rozetta-Cell, that the best course of action for Power3 is to settle many of these lawsuits so that we can focus our attention exclusively on the acquisition of Rozetta-Cell and the development of our combined businesses after the merger.”
Rozetta-Cell Life Sciences, Inc. is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. Power3 plans to effect the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company. The acquisition of Rozetta-Cell is expected to be completed in February 2011.
Goodrich Petroleum Corp. (NYSE:GDP) has completed its second Eagle Ford Shale well, the Burns Ranch A 1H (67% WI) in LaSalle County, Texas, at a 24-hour production rate of 1,010 barrels of oil equivalent (�BOE�) per day, comprised of 930 barrels of oil and 480 Mcf of gas per day, on a 20/64 inch choke with 1,100 psi. The well was drilled and completed with an approximate 5,900 foot lateral and 20 frac stages. The Company has also completed fracture stimulation operations and started initial flow back on its third Eagle Ford Shale well, the Pan Am C-1H (79% WI) in Frio County, and expects initial production information will be provided with its fourth quarter operational update.
Goodrich Petroleum Corporation, an independent oil and gas company, engages in the exploration, exploitation, development, and production of oil and natural gas properties in east Texas and northwest Louisiana.
Ryland Group Inc. (NYSE:RYL) declared a fourth-quarter dividend of $0.03 per share, payable on January 31, 2011, to common stockholders of record on January 15, 2011.
The Ryland Group, Inc., together with its subsidiaries, operates as a home building and mortgage-finance company in the United States. The company operations cover various aspects of the home buying process, including design, construction, and sale.
Toll Brothers Inc. (NYSE:TOL) announced results for earnings, revenues, contracts and backlog for its fourth quarter and fiscal year ended October 31, 2010.The Company reported FY 2010 fourth quarter net income of $50.5 million, or $0.30 per share diluted, compared to a FY 2009 fourth quarter net loss of $111.4 million, or $0.68 per share diluted. FY 2010�s fourth quarter included a net tax benefit of $59.9 million, compared to a $4.7 million net tax expense in FY 2009�s fourth quarter.
Toll Brothers, Inc. engages in designing, building, marketing, and arranging finance for single-family detached and attached homes in luxury residential communities in the United States. It also involves in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes.
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