adloaded

bidvertiser

Showing posts with label Announces. Show all posts
Showing posts with label Announces. Show all posts

Thursday, 2 February 2012

Sunni Tehrik announces conversion into political party

KARACHI: Sunni Tehreek Chief Sarwat Ejaz Qadri Sunday announced that the party would now become a “political party” and commence its political activities from March 23 with a rally at the Minar-e-Pakistan, Lahore.

He said this while addressing the Pakistan Bachao Jan Nisaran-e-Mustafa (PBUH) conference organised by the Sunni Tehrik to mark the martyrdom of two of the outfit’s leaders targeted on the 12th of Rabiul Awwal 2006 at Nishtar Park.

The ST chief, who has been complaining about the trampling of the Tehreek’s rights by the government by not allowing the party to put up its posters in the city, vowed to besiege the Governor House if the murderers of party workers killed on Sunday were not arrested by Monday (today). He said suo moto action should not only be taken on memos but also on acts of terrorism.

Earlier two activists of the Sunni Tehreek (ST), on their way to Nishtar Park to attend the Pakistan Bachao Jan Nisaran-e-Mustafa (PBUH) conference, were gunned down Sunday afternoon. Police said Saleem Qadri and Sohail Qadri were on their way to attend the rally when two men on a motorcycle opened fire on them and fled. On receiving information about the incident, a police van rushed to the spot and shifted the injured to hospital where they were pronounced dead. Police cordoned off the crime scene where they found empty shells of a 9mm pistol.

Activists and leaders of the ST staged a protest at the Civil Hospital where the bodies of the deceased were taken and demanded the immediate arrest of the killers. Sohail Qadri was a resident of BP Factory Gali in Garden while Saleem Qadri lived in Baldia Town area. The funeral prayers of the deceased took place in Baldia Town.


Sunday, 22 January 2012

PU announces results

LAHORE: Punjab University has announced results of several examinations.

The results included Postgraduate Diploma in Interior Design, Semester System, Session 2008-09, Postgraduate Diploma in Multimedia Production Arts, Development Support Communication and Television Communication& Production, Semester System, Session 2007. (APP)

Monday, 9 January 2012

Kraig Biocraft Laboratories Announces Filing of International Patent Application for Spider-Silk and Transgenic Silkworm Technologies

LANSING, MI--(Marketwire -12/08/11)- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB.PK - News) (Pinksheets: KBLB.PK - News) is very pleased to announce that the University of Notre Dame has filed an international patent application for spider-silk technologies developed in collaboration with Kraig Biocraft Laboratories.

The international patent application was filed in Geneva, Switzerland pursuant to the International Patent Cooperation Treaty. The patent application includes the essential spider-silk and transgenic silkworm technologies which the Company and University have developed cooperatively.

The technologies described in the international patent application are also the subject of the exclusive commercial license agreement which the Company recently signed with the University. The spider-silk technology defined in the application includes the product which the Company refers to as Monster Silk, as well as genetic engineering methodologies and product utilities.

"The filing of this international patent application is a major milestone for the commercialization of recombinant spider-silk and of Monster Silk most particularly," said the Company's founder and CEO, Kim K Thompson. "Now that the international application has been filed, we are in a position to move aggressively with product and commercialization ramp up. It also places us in a stronger position for corporate engagement and business development."

"The commercial license agreement which the Company signed last month with the University covers these technologies and gives Kraig Biocraft Laboratories the exclusive global right to market the products and technologies described in the patent application," continued Thompson. "We see this filing in Geneva, coupled with our license agreements with the University of Wyoming, the University of Notre Dame and our license agreement with Sigma-Aldrich, as the corner stones of our expanding intellectual property portfolio. We feel well armed as we move forward to bring recombinant spider-silk to market."

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com) is a fully reporting biotechnology company that recently achieved a series of scientific breakthroughs, with implications for the global textile industry.

Cautionary Statement Regarding Forward-Looking Information

Statements in this press release about the Company's future and expectations other than historical facts are "forward-looking statements." These statements are made on the basis of management's current views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as "believes," "plans," "expects," "anticipates," "foresees," "estimated," "hopes," "develops," "researching," "research," "potential," "could" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals should all be considered forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Management cautions that its ability to further its research, and create commercially-viable products may be affected by the competitive environment, the Company's financial condition and its ability to raise sufficient capital to meet the financial obligations of its business plan and to fund its continuing operations.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.


View the original article here

RPC, Inc. Announces Date for Fourth Quarter and Annual 2011 Financial Results and Conference Call

ATLANTA , Jan. 6, 2012 /PRNewswire/ -- RPC, Inc. (NYSE: RES - News) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2011 on Wednesday, January 25, 2012 before the market opens.  In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Wednesday, January 25, 2012 at 9:00 a.m. Eastern Time .

Individuals wishing to participate in the conference call should dial (877) 719-9789 or (719) 325-4784 for international callers, and use conference ID#1148479.  For interested individuals unable to join by telephone, the call also will be broadcast and archived for 90 days on the Company's investor Web site at www.rpc.net.   Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call.

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States , including the Gulf of Mexico , mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC's investor Web site can be found on the Internet at www.rpc.net.

For information about RPC, Inc. or this event, please contact:

Ben M. Palmer
Chief Financial Officer
(404) 321-2140
irdept@rpc.net

Jim Landers
Vice President, Corporate Finance
(404) 321-2162
jlanders@rpc.net


View the original article here

Nord Resources Announces Arizona Grants Company's Application for Permit Needed to Build New Leaching Pad

TUCSON, AZ, Dec. 28, 2011 /CNW/ - Nord Resources Corporation (OTC Pink Market: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it has received notification from the Arizona Department of Environmental Quality (ADEQ) that it has granted a significant amendment to the Aquifer Protection Permit (the Permit) previously provided to the company.

Receipt of the Permit is subject to fulfilling certain standard conditions, in particular that Nord makes payments to the ADEQ of all fees for the application review and that the company submits an updated Financial Assurance Mechanism for an additional $575,000.  The company plans to finance this as part of the funding to build the new leaching pad.

"This is an important step forward for Nord," said Wayne Morrison, Chief Executive and Chief Financial Officer. "With the ADEQ's decision in hand, we can now move forward with the construction of the new leaching pad, subject to the completion of financing and the satisfaction of the permitting conditions."

"Moving ahead with the construction of the new leaching pad will also enable us to resume the mining of new ore in 2012 at the Johnson Camp Mine. In the meantime, we are continuing our leaching and production of copper from the materials previously placed on our existing pads," Mr. Morrison said.

As previously announced, construction of a new pad, which will be approximately twice the size of any of the three existing pads, will require an estimated capital investment of approximately $18 million.

"With respect to a financing transaction, we are continuing active discussions with various parties. While we believe that we will be successful in obtaining the capital required, the timing and outcome of our efforts cannot be guaranteed," Mr. Morrison said.

About Nord Resources

Nord Resources Corporation is producing copper at the Johnson Camp Mine, the company's primary asset, which is located approximately 65 miles east of Tucson, Arizona. For further information, please visit our website at nordresources.com.

Forward-Looking Statements

All statements in this release, other than those of historical facts, may be considered to be "forward-looking".

Nord's continuation as a going concern is dependent upon its ability to refinance the obligations under its Credit Agreement with Nedbank and the Copper Hedge Agreement with Nedbank Capital, raise additional capital, and on its ability to produce copper to sell at a level where the company becomes profitable and generates cash flows from operations. To succeed, Nord must be able to proceed with its plans to build additional leach pad capacity, resume full operations, and achieve its operating plan. If management cannot achieve its operating plan because of the company's inability to obtain the required financing, or because of sales shortfalls, a reduction in copper prices, or other unfavorable events, the company may find it necessary to dispose of assets, or undertake other actions as may be appropriate.

Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, Nord's ability to refinance the company, the market price of copper, general economic, market, and business conditions, the company's ability to reach full production rates, and other factors that may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. In addition, Nord's business and operations are subject to the risk factors set forth in Nord's most recent Form 10-K and other SEC filings which are available through EDGAR at www.sec.gov, and in Nord's prospectus and other filings with the British Columbia and Ontario Securities Commissions, which are available through SEDAR at www.sedar.com. Nord assumes no obligation to update the forward-looking statements except as may be required by law.

Wayne Morrison
Chief Executive Officer and Chief Financial Officer
Nord Resources Corporation
(520) 292-0266
http://www.nordresources.com/

Investor and Media Relations
Richard Wertheim
Wertheim + Company Inc.
(416) 594-1600 ext.223
or
(416) 518-8479 (cell)
or by email at wertheim@wertheim.ca


View the original article here

Friday, 6 January 2012

Praxair announces bulk helium price increases

10:00 EDT PX Praxair announces bulk helium price increasesPraxair is notifying bulk liquid helium customers in those regions around the world where it does business, of increases in prices up to 15% for bulk liquid helium effective January 1, 2012, or as contracts permit. :theflyonthewall.com

View the original article here

Kraig Biocraft Laboratories Announces Peer Reviewed Publication of Spider Silk and Transgenic Silkworm Breakthroughs

SOUTH BEND, IN--(Marketwire -01/05/12)- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB.PK - News) (Pinksheets: KBLB.PK - News) is very happy to start the New Year by announcing that the Journal Proceedings of the National Academy of Sciences published a peer-reviewed scientific article describing the breakthrough creation of a spider silk fusion fiber, which was achieved by university scientists within the University of Wyoming and the University of Notre Dame, who are working cooperatively with Kraig Biocraft Laboratories.

The article is the first peer-reviewed scientific publication describing the creation of transgenic silkworms, which have been specifically designed to spin a spider/silkworm silk fusion fiber. The article's abstract states, "these composite fibers were, on average, tougher than the parental silkworm silk fibers and as tough as native dragline spider silk fibers. These results demonstrate that silkworms can be engineered to manufacture composite silk fibers containing stably integrated spider silk protein sequences, which significantly improve the overall mechanical properties of the parental silkworm silk fibers."

"The fact that a publication as prestigious as Proceedings of the National Academy of Sciences has chosen to publish these results speaks for itself as to the significance of the scientific breakthrough," said Company founder and CEO, Kim K Thompson. "When I founded Kraig many people in both the business and scientific community said that what we were setting out to do was impossible. By maintaining a focused vision and by recruiting the very best minds in molecular biology, we have made the impossible a tangible reality."

"Congratulations to the scientific team as well as to the University of Notre Dame and the University of Wyoming. They deserve the accolades they are receiving with this publication," continued Thompson. "Our next steps are to commercialize these developments while accelerating our development of even more advanced products. The commercial license agreement we signed in the fourth quarter of 2011 was an essential element of the former. As we move toward commercialization of these fibers, we are simultaneously moving into an advanced stage in the development of new, second generation spider silk polymers."

The scientific article described above is published, online before print, January 3, 2012, by the scientific journal Proceedings of the National Academy of Sciences, titled, "Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties."

"The recent publication of the analysis of genetically engineered silkworms to produce chimeric spider silks with properties of increased strength and flexibility in the prestigious journal Proceedings of the National Academy of Sciences represents a significant vindication of our methodology for genetically engineering and producing commercial quantities of novel protein fibers for medical, structural, and textile fabrics," said Dr. Malcolm Fraser. "If it were not for Kraig Biocraft Laboratories initiating this project and bringing the technologies together these results may never have materialized."

"The work is the culmination of a research effort begun more than 10 years ago with an internal award from the University of Notre Dame to my lab to develop silkworm transgenics capabilities, a two year NIH R21 grant awarded to Drs. Jarvis, Lewis, and myself, and several years of supplemental funding from Kraig Biocraft Laboratories," Fraser continued. "The success of this research would have been impossible without the ability to carry out silkworm transgenesis, mastered by Bong-hee Sohn and Young-soo Kim in the Fraser lab at the University of Notre Dame. This manuscript was published after an in depth peer review process, and was deemed by the publishers as a newsworthy article of the issue in which it appears, further indicating its relative importance to science and technology."

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com) is a fully reporting biotechnology company that recently achieved a series of scientific breakthroughs, with implications for the global textile industry.

Cautionary Statement Regarding Forward-Looking Information

Statements in this press release about the Company's future and expectations other than historical facts are "forward-looking statements." These statements are made on the basis of management's current views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as "believes," "plans," "expects," "anticipates," "foresees," "estimated," "hopes," "develops," "researching," "research," "potential," "could" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals should all be considered forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Management cautions that its ability to further its research, and create commercially-viable products may be affected by the competitive environment, the Company's financial condition and its ability to raise sufficient capital to meet the financial obligations of its business plan and to fund its continuing operations.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.


View the original article here

Natural Resources USA Corporation Announces Completion of Going Private Transaction

RIFLE, CO--(Marketwire -12/28/11)- Natural Resources USA Corporation ("NRUC"), formerly (OTC.BB: NTRC.PK - News), announced today that the short-form merger with GSR Acquisition Corp., which is a wholly-owned subsidiary of Green SEA Resources Inc., is effective.

On December 28, 2011 at 12:01 a.m. (the "Effective Time"), GSR Acquisition Corp., a Utah corporation and a wholly-owned subsidiary of Green SEA Resources Inc., merged with and into NRUC in accordance with the short-form merger provisions of Section 1104 of the Utah Revised Business Corporations Act and Articles of Merger previously filed with the Secretary of State of the State of Utah.

Immediately prior to the Effective Time, GSR Acquisition Corp. owned more than 90% of the outstanding shares of common stock. Accordingly, under applicable Utah law, no action by NRUC's shareholders (other than GSR Acquisition Corp.) was required for the short-form merger to become effective. Green SEA Resources Inc. and GSR Acquisition Corp. had previously disclosed their intention to effect the going private transaction in a Schedule 13E-3 initially filed with the United States Securities and Exchange Commission (the "Commission") on August 8, 2011, and subsequently amended on October 21, 2011, November 17, 2011 and December 1, 2011. As a result of the going-private transaction, Green SEA Resources Inc. owns 100% of the capital stock of NRUC.

Pursuant to the terms of the going-private transaction, at the Effective Time, each outstanding share of common stock, other than shares owned by GSR Acquisition Corp. and other than shares as to which dissent rights are exercised, held immediately prior to the Effective Time now represents only the right to receive $0.57 per share in cash, without interest. Further, each outstanding stock option not exercised prior to the Effective Time was canceled and exchanged into the right to receive $0.57 per share, without interest and less the option exercise price (and any applicable withholding taxes).

Registered NRUC shareholders will be mailed a letter of transmittal ("Letter of Transmittal") by the paying agent, Computershare Trust Company, N.A. (the "Paying Agent"). Registered shareholders will need to duly complete the Letter of Transmittal and tender their stock certificate(s) to the Paying Agent therewith in accordance with the detailed instructions contained in the Letter of Transmittal, in order to receive payment of their merger consideration. Registered shareholders should not submit their stock certificate(s) before they have received the Letter of Transmittal.

Beneficial NRUC shareholders will not be mailed, nor required to complete, a Letter of Transmittal and will receive payment of their merger consideration through their brokerage accounts following the Effective Date.

The statutory right of each shareholder to dissent from the short-form merger under the Utah Revised Business Corporation Act, and the process by which a shareholder may exercise its statutory right to dissent under the Utah Revised Business Corporation Act, is described in detail in the transaction documents on file with the Commission.

A copy of the transaction documents and Letter of Transmittal, once mailed to shareholders, will be available on the NRUC and Green SEA Resources Inc. websites at www.naturalresourcescorp.com and www.greensearesources.com/projects/nruc.aspx.

Shareholders with administrative questions regarding tendering their stock certificate(s) and payment of their merger consideration following the mailing of the Letter of Transmittal after the effective date can contact the Paying Agent, c/o Computershare Corporate Actions, at 1 (800) 546-5141 (toll-free) or 1 (781) 575-2765 (toll).


View the original article here