Marketwire - Coal

Manas Enters Into Letter of Intent to Sell a Portion of Its Interest in Its Albanian Project

Mon, 23 Nov 2009 10:56:00 EST

BAAR, SWITZERLAND--(Marketwire - November 23, 2009) - Manas Petroleum ("Manas") (OTCBB: MNAP) is pleased to report that it has entered into an arm's length binding letter of intent (the "LOI") dated November 19, 2009 with WWI Resources ("WWI"), a TSX-V listed company, pursuant to which Manas will sell all of the shares of one of its wholly-owned subsidiaries (the "Subsidiary") in exchange for a minimum of 100,000,000 common shares and a signing bonus in cash. At or prior to closing, Manas will reorganize its affairs such that the Subsidiary will own 100% of Manas' Albanian assets. The LOI provides that, after closing, WWI will be obligated to issue to Manas up to an aggregate of 150,000,000 additional WWI common shares upon the achievement of certain operational targets.

North American Gem Inc. Becomes Coal Producer as Mining Commences on the North American Gem #1 Mine in Whitley County, Kentucky

Mon, 23 Nov 2009 09:00:00 EST

VANCOUVER, BC--(Marketwire - November 23, 2009) - North American Gem Inc. (NAG) (TSX-V: NAG) is pleased to announce the start of coal production for the North American Gem #1 Mine in Whitley County, Kentucky.

As of Friday, November 20, the roads and required sedimentation control ponds have been constructed and are approved. The first "mine face" has been completed on North American Gem #1 Mine and the first auger has been moved into position and is currently mining. Preparation of the second "mine face" site has also commenced where the second auger will mine. By contract, the second auger must be in production within 10 working days of the beginning of production by the first auger.

Brinx Resources Reports Excellent Progress on Geophysical Surveys at King City Project, California

Mon, 23 Nov 2009 09:00:00 EST

ALBUQUERQUE, NM--(Marketwire - November 23, 2009) - Brinx Resources Ltd. (OTCBB: BNXR) (the "Company" or "Brinx") is pleased to report that geophysical surveys at the King City Project are nearing completion and processing of the initial data is underway.

"Brinx and its partners are extremely pleased with the progress that has been made at King City and are optimistic that these surveys will pinpoint numerous potential drill targets for follow-up," says President Leroy Halterman. "Weather permitting, drill testing of any anomalies found by the geophysical surveys will begin quickly in the first quarter of next year."

TCW Energy Partners to Announce on November 24, 2009 Quarterly Results and Distribution

Fri, 20 Nov 2009 09:00:00 EST

LOS ANGELES, CA--(Marketwire - November 20, 2009) - TCW Energy Partners, LLC (TEP), a company focused on investments in global energy and infrastructure, announced today that it will report its quarterly results and release its quarterly financial statements for the quarter and year-to-date period ended September 30, 2009 on November 24, 2009. TEP is also expected to declare a distribution for the third quarter at the same time. The record date for the distribution will be November 24, 2009 and the distribution will be paid December 3, 2009. The press releases will be distributed via Marketwire and www.tcw.com on November 24, 2009. TEP's most recently issued financial statements will be available at www.rule144a.com.

Global Resource Corporation Secures $10 Million Financing Commitment

Fri, 20 Nov 2009 08:30:00 EST

MOUNT LAUREL, NJ--(Marketwire - November 20, 2009) - Global Resource Corp. (PINKSHEETS: GBRC), a developer of patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has entered into a $10 million common stock purchase agreement with AGS Capital Group, a New York based institutional investor.

Up to $10 million of Global Resource common stock may be sold from time to time over a 36-month period after the Securities and Exchange Commission has declared effective a registration statement related to the transaction. Global Resource will use the proceeds for working capital and will provide the company with the necessary capital for expansion requirements of commercializing the ground breaking microwave technology.

CAVU Resources, Inc. Announces $2.4 Million Letter of Intent to Acquire ASG, Inc.

Fri, 20 Nov 2009 08:00:00 EST

TULSA, OK--(Marketwire - November 20, 2009) - CAVU Resources, Inc. (PINKSHEETS: CAVR) is pleased to announce that it has entered a Letter of Intent to acquire 100% of the outstanding shares of ASG, Inc. and its wholly owned subsidiaries Applied Survey Systems, Inc., Applied Survey Systems Canada, Inc. and Strata Data, Inc. for $2.4 million in stock and an assumption of $450,000 in debt.

ASG and its subsidiaries provide on a global basis the following services and benefits, Gyroscopic and Magnetic survey and guidance services to the Oil & Gas, Mining and Construction industries. Applied Surveys utilizes rate-gyro technology adopted from the Aerospace industry. The Target INS is a velocity aided true north-finding navigation system with continuous on the fly survey speed limited only by the speed of the wireline. It utilizes innovative strapped down gyros and accelerometers, advanced sensor error compensat

El Paso Pipeline Partners to Present at RBC Capital Markets MLP Conference

Thu, 19 Nov 2009 16:31:00 EST

HOUSTON, TX--(Marketwire - November 19, 2009) - Jim Cleary, senior vice president of El Paso Pipeline Partners, L.P. (NYSE: EPB) and president of Western Pipelines for El Paso Corporation (NYSE: EP), will present tomorrow, November 20, at the RBC Capital Markets MLP Conference in Dallas, Texas. The presentation will begin at 10 a.m. CST, 11 a.m. EST with an audio webcast and presentation slides available on the Investors pages of El Paso Pipeline Partner's Web site at www.eppipelinepartners.com. Presentation slides will be available approximately one hour before the presentation.

Kender Energy Signs Malta LOI Agreement for 1000 Units Minimum Annually Sales Commitment for Its Solar Technology, With Markets in Over a Dozen Countries

Thu, 19 Nov 2009 16:00:00 EST

GENEVA--(Marketwire - November 19, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Letter of Intent (LOI) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries world-wide.

The earlier discussions with Malta Licensing & Distribution Network have resulted in an increase from the original 500 units per year to 1000 units per year minimum sales, in the definitive Letter of Intent (LOI).

Aptina Picks Silicon Frontline's Post-Layout Verification EDA Software to Eliminate Costly Prototype Builds, Improve Manufacturing Quality

Thu, 19 Nov 2009 13:53:00 EST

CAMPBELL, CA--(Marketwire - November 19, 2009) - Silicon Frontline Technology, Inc. (Silicon Frontline), an Electronic Design Automation (EDA) company in the post-layout verification market, announced today that Aptina, the world's foremost image sensor provider, is using Silicon Frontline's F3D (Fast 3D) software for post-layout verification and for fast 3D extraction to improve Aptina's image sensor design accuracy and manufacturing quality.

EURO Ressources : SETTLEMENT REACHED WITH GOLDEN STAR REGARDING PAUL ISNARD PROPERTIES

Thu, 19 Nov 2009 12:11:00 EST

PARIS--(Marketwire - November 19, 2009) - SETTLEMENT REACHED WITH GOLDEN STAR REGARDING PAUL ISNARD PROPERTIES

PARIS, France, November 19, 2009: EURO Ressources S.A. (Paris: EUR) today announced that it has entered into a settlement agreement with Golden Star Resources Ltd. ("Golden Star") to bring an end to the litigation between the two parties regarding the Paul Isnard properties (the "Settlement Agreement"), which are held by EURO and Soci�t� de Travaux Publics et de Mines Aurif�res en Guyane S.A.R.L. ("SOTRAPMAG"), EURO's wholly-owned subsidiary in French Guiana.

Turbine Truck Engines Retains Services of Greenberg Traurig, LLP, for Potential Cross Border Mergers and Acquisitions

Thu, 19 Nov 2009 11:45:00 EST

DELAND, FL--(Marketwire - November 19, 2009) - Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG) is pleased to announce that it has retained the services of Greenberg Traurig, LLP, as legal counsel regarding potential mergers and acquisitions on the Pacific Rim. TTE has recently opened an office in Taipei, Taiwan, to manage inquiries concerning M&A opportunities.

Michael Rouse, TTE's President and CEO, is currently in China to meet with interested parties, and he commented, "As we continue the development of the Detonation Cycle Gas Turbine engine, we want to configure TTE in ways that most effectively capitalize on the technology and maximize shareholder value. In pursuit of these objectives, we will explore mergers with or acquisitions of enterprises whose value proposition, management team, and financial performance would enhance our current business model. Greenberg Traurig has the experience and expertise t

Management Energy, Inc. Enters Into Agreement With Former Chief Executive Officer, Secures Royalty Interest in Montana Project and Continues to Pursue Other Coal Opportunities

Thu, 19 Nov 2009 09:00:00 EST

SAN JUAN CAPISTRANO, CA--(Marketwire - November 19, 2009) - Management Energy, Inc. (OTCBB: MMEX) announces that on October 8, 2009 it entered into an agreement with its former Chief Executive Officer to resolve a dispute over business opportunities to develop coal mines in an area of Carbon County, Montana known as the Bridger-Fromberg Bear Mountain project.

Current CEO David Walters explains how the agreement benefits Management Energy, Inc.: "By subleasing our Bolzer property to John Baugues, we are able to leverage his experience and industry connections in pursuing the Bridger-Fromberg Bear Mountain project. If Mr. Baugues is successful in financing and developing the project, we will receive a royalty on coal produced not only from the Bolzer property, but also from surrounding properties that become part of the project.

Hybrid Energy Holdings, Inc. Releases Interim Investor Guidance

Thu, 19 Nov 2009 08:30:00 EST

RENO, NV--(Marketwire - November 19, 2009) - Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today interim investor guidance on its market capitalization, operations, and financial reporting procedures.

Reporting and Disclosures

The Company believes regular disclosure sponsors an orderly and healthy market in its stock and attracts long-term investors. The Company is completing the process of activating the OTC Disclosure Service. After which, disclosures will be provided to the marketplace. The Company believes it will complete the activation process within two weeks.

Sherritt Announces Quarterly Dividend

Wed, 18 Nov 2009 18:17:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sherritt International Corporation ("Sherritt") (TSX:S) announced today that its Board of Directors has approved a quarterly dividend of $0.036 per share, payable on January 14, 2010 to shareholders of record as of December 31, 2009. This regular dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

About Sherritt

Sherritt is a diversified natural resource company that produces nickel, cobalt, thermal coal, oil, gas and electricity. It also licenses its proprietary technologies to other metals companies. Sherritt's comm

Homeland Energy Group Provides Operations Update, Financing Strategy and CEO Update

Wed, 18 Nov 2009 07:37:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2009) - Homeland Energy Group Ltd. (TSX:HEG) ("Homeland" or the "Company") wishes to announce that it has entered into an agreement with Nedbank Capital, a division of Nedbank Limited ("Nedbank") to amend the terms of the existing credit facility. Under the terms of this agreement, the Company will be required to invest a further R70 million by January of 2010. The first step in meeting this obligation will be to complete a private placement with the Company's largest shareholder, GMR Energy Limited ("GMR"). Under the terms of the private placement, Homeland will issue up to 27,465,100 common shares, or 10% of the Company's current outstanding capital at a price to be determined based on the market price at the time of closing. Closing is anticipated to be in the week of November 23, 2009 and is subject to approval by the Toronto Stock Exchange. In anticipation of this private placement, the Company has received an advance from GMR of approxi

Wind and Solar Projects to Dominate North American Power Industry Capital Spending in 2010, an Industrial Info News Alert

Wed, 18 Nov 2009 05:15:00 EST

BATON ROUGE, LA--(Marketwire - November 18, 2009) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Rising costs and the prospect of carbon-dioxide reductions have stymied construction activity for nuclear and coal-fired generators in the U.S. this year, leading to a surge in project starts for renewable energy generation. This trend likely will continue into 2010. Wind power projects are scheduled to account for 31% of all power generation constructi

Glendoe Hydropower Plant Offline Until 2011, an Industrial Info News Alert

Wed, 18 Nov 2009 05:00:00 EST

GALWAY, IRELAND--(Marketwire - November 18, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Scottish and Southern Energy plc (OTC:SSEZY) (SSE) (Perth, Scotland) has announced that it may take two years to get the company's damaged Glendoe Hydropower Plant up and running again. Power generation at the plant, which opened in July, was halted in August after a rockfall partially blocked the main tunnel connecting the reservoir to the power station.

Kender Energy Signs Distributor for Its Solar Technology, to Market in North Africa, Middle East, Greece, Turkey and the GCC

Tue, 17 Nov 2009 16:00:00 EST

GENEVA--(Marketwire - November 17, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Memorandum Of Understanding (MOU) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries worldwide. Initial commitments are for 500 solar units annually.

Malta, an island state in the middle of the Mediterranean, historically has acted as a link for many trade routes dating back to Rome reaching into Ancient times; it also was an important staging point during the Crusades into the Holy-Land during the Middle Ages; and in modern times Malta is a trading hub with its tax free zone forging an important link in the modern world's Crusade to a Eco-friendly energy future. This significant geographic position brings big advantages.

Venezuela asume control operativo de Tavsa

Tue, 17 Nov 2009 12:54:00 EST

LUXEMBURGO--(Marketwire - November 17, 2009) - Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) anunci� que de acuerdo con el Decreto Ley 6058 y el Decreto 6796, la Rep�blica Bolivariana de Venezuela, actuando por intermedio de PDVSA Industrial S.A. (subsidiaria de Petr�leos de Venezuela S.A.), asumi� formalmente control operativo exclusivo sobre los activos de Tavsa, Tubos de Acero de Venezuela S.A. ("Tavsa"). Luego del cambio formal en el control operativo, PDVSA Industrial ha asumido completa responsabilidad sobre las operaciones y el gerenciamiento de Tavsa y desde entonces las operaciones de Tavsa ser�n manejadas por el comit� de transici�n previamente designado por Venezuela. Los representantes

Venezuela Assumes Operational Control Over Tavsa

Tue, 17 Nov 2009 12:47:00 EST

LUXEMBOURG--(Marketwire - November 17, 2009) - Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) ("Tenaris") announced that pursuant to Decree Law 6058 and Decree 6796, Venezuela, acting through PDVSA Industrial S.A. (a subsidiary of Petr�leos de Venezuela S.A.), formally assumed exclusive operational control over the assets of Tavsa, Tubos de Acero de Venezuela S.A. ("Tavsa"). Following this formal change in operational control, PDVSA Industrial has assumed complete responsibility over Tavsa's operations and management, and Tavsa's operations will thereafter be managed by the transition committee previously appointed by Venezuela. Tenaris's representatives in Tavsa's board of directors will cease in their functions, effective imme

Solarbrook Water and Power Corporation Announces Distributorship Signed With Jim Trelka

Tue, 17 Nov 2009 11:48:00 EST

CARY, NC--(Marketwire - November 17, 2009) - Solarbrook (PINKSHEETS: SLRW) announced the signing of a distribution agreement with Jim Trelka. Mr. Trelka is experienced in industrial and water treatment equipment sales with contacts through out the North Central US. The agreement grants a territory covering PA, OH, IN, and WV, and will include the full line of Solarbrook products.

This addition to the distribution system is a continuing effort to expand the sales network for Solarbrook's products in areas not covered in past years.

Middlesex Water Company COO, Ronald F. Williams to Retire at End of 2009

Tue, 17 Nov 2009 09:49:00 EST

ISELIN, NJ--(Marketwire - November 17, 2009) - Ronald F. Williams, Vice President - Operations & Chief Operating Officer of Middlesex Water Company, (NASDAQ: MSEX) has announced that he will retire at the end of 2009. Mr. Williams has served in his position since joining the Company in 1995. During his tenure at Middlesex he has led the company through numerous operational successes including: a $30 million upgrade to the company's largest water treatment plant; installation of a 500 kilowatt solar energy facility and the enhancement of security and reliability of Middlesex Water's critical water infrastructure in a post-9/11 2001 environment. Ronn has also made valuable contributions to the water industry in his role as a former environmental regulator and in various leadership positions in the American Water Works Association.

Americas Energy Company - Tennessee Sells First Production of Upland Church Mine

Tue, 17 Nov 2009 09:00:00 EST

KNOXVILLE, TN--(Marketwire - November 17, 2009) - Americas Energy Company (OTCBB: AENY), a publicly traded company currently based out of British Columbia, and Americas Energy Company, Inc., "AECo," based out of Knoxville, Tennessee, announced today that AECo has sold the initial mine production from its Upland Church Surface Mine. AECo is in the process of being acquired by AENY. The mine is located in Bell County, Kentucky on AECo's 1,732+ acre lease. AECo plans to produce 15,000 short tons of high-grade specialty coal per month from the Upland Church property.

SSE Enters U.K. Carbon Capture Race, an Industrial Info News Alert

Tue, 17 Nov 2009 05:00:00 EST

GALWAY, IRELAND--(Marketwire - November 17, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Dong Energy (Copenhagen, Denmark) may have dropped out of the U.K.'s carbon capture and storage (CCS) race last week, but the U.K. is about to get a new entrant in the shape of Scottish and Southern Energy plc (OTC:SSEZY) (SSE) (Perth, Scotland). The power and gas company has announced that it plans to build the country's largest CCS demonstration plant at the Ferrybridge coal-fired power station near Ca

Vega Chooses ARE Energy to Provide Generators for Its "Green Valley Project"

Mon, 16 Nov 2009 17:15:00 EST

LONDON--(Marketwire - November 16, 2009) - VEGA PROMOTIONAL SYSTEMS, INC. (PINKSHEETS: VGPR) today announced the Company has narrowed its search for power producing generators for its "Green Valley Project" to ARE Energy.

The "Green Valley Project" is a multifaceted green energy power production facility that converts inexpensive methane gas from an abandoned coal mine into electricity and thermal energy. During the recent three year demonstration project, three generator sets were installed onsite in order to prove the viability of utilizing coal bed methane from the Green Valley mine as a sole source of fuel to generate electricity. Prior to Vega becoming involved in the project, the three generators were returned to the manufacturer.