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Compliance Energy Signed MoU for Sale of The Basin Coal Mine
Compliance Energy Corporation announces that it has recently signed a binding memorandum of understanding (”MOU”) for the sale of 100% of the Company’s interest in the Basin Coal Mine located near Princeton, BC for consideration of cash and shares totaling Cdn $8 million.
Under the terms of the MOU, NWPC Pty Ltd (”NWPC”), a private Australian [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Mitsubishi Corporation Files its Investment Decision to Iron Ore Project in Western Australia
Mitsubishi Corporation (’MC’; TSE: 8058) is pleased to announce the execution of an agreement by its wholly owned subsidiary Mitsubishi Development Pty Ltd (”Mitsubishi”) with Murchison Metals Limited (”Murchison”) on the development of Murchison’s iron ore assets in the mid-west region of Western Australia (the “Agreement”). The Agreement also includes the joint development of the [...]
National Energy Group, Inc. Announces Consummation of Agreement With NEG Oil & Gas LLC Pertaining to Purchase of Membership Interest in NEG Holding LLC and Closing of Sandridge Energy Transaction
National Energy Group, Inc. (OTC Bulletin Board: NEGI – News; “NEGI” or the “Company”) today announced that on November 21, 2006 it consummated its previously disclosed agreement (the “NEG Oil & Gas Agreement”) dated October 25, 2006 with NEG Oil & Gas LLC (”NEG Oil & Gas”), NEG, Inc. (”IPO Co”) and American Real Estate [...]
