Magna and Sberbank Offer Selected as the Preferred Solution for OpelAURORA, Canada and MOSCOW - Magna International Inc. (”Magna”) (TSX: MG.A, NYSE: MGA) and Savings Bank of the Russian Federation (”Sberbank”) (RTS: SBER, MICEX: SBER03) today announced that their joint offer to acquire a 55% interest in Adam Opel GmbH (”Opel”) has been selected by both General Motors Company (”GM”) and the Opel Trust as the preferred solution to address the future of Opel. Under the offer, the acquired 55% interest in Opel would be owned 50:50 by a Magna/Sberbank consortium (”Consortium”) with GM retaining a 35% interest and Opel employees acquiring 10% as part of a new labour framework. The offer contemplates a total equity investment by the Consortium of Euro 500 million over time. ICS Finds JV PartnerABBOTSFORD, Canada - ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce that it has signed a Heads of Agreement with two Zambian companies that have a strategic relationship with each other, namely JV Civils Ltd (”JVC”) and Chantete Emeralds Ltd (”Chantete”). The principal operations of these companies encompass bulk earthworks, plant hire, material transportation, crushing and material handling mainly on the Zambian Copperbelt. Clinical Therapeutics Announces the Addition of Michael G. Spigarelli, MD, PhD, as Editor for a Refocused Pediatric, Adolescent, & Maternal Therapeutics SectionBRIDGEWATER, England - Clinical Therapeutics,( www.clinicaltherapeutics.com/) the world’s premier, rapid-publication journal, is proud to announce the addition of Michael G. Spigarelli, MD, PhD, to our distinguished editorial board. /C O R R E C T I O N — Clinical Therapeutics/BRIDGEWATER, New Jersey - In the news release, “Clinical Therapeutics Announces the Addition of Michael G. Spigarelli, MD, PhD, as Editor for a Refocused Pediatric, Adolescent, & Maternal Therapeutics Section” issued on 9 Sep 2009 08:30 GMT, by Clinical Therapeutics over PR Newswire, we are advised by a representative of the company that the Dateline has been changed from “Bridgewater, England” to “Bridgewater, New Jersey” and the contact number has been changed from +44(0)908-547-2094 to +1-908-547-2094 which were incorrectly transmitted by PR Newswire. Complete, corrected release follows: Silver Wheaton Acquires 25% of Life of Mine Silver Production From Barrick’s Pascua-Lama ProjectVANCOUVER, Canada - - Also Acquires Current Silver Production From Three Additional Barrick Mines, Providing Immediate Cash Flow LGC Skyrota Wind Energy Corp. Acquires UK Wind Energy BusinessVANCOUVER - LGC Skyrota Wind Energy Corp. (”LGC Skyrota” “the Company”) (TSX-V: LGS) today announced it has completed the acquisition of the business and assets of Limavady Gear Company (”LGC”), a leading European provider of wind turbine maintenance services. Volta Signs Letter of Intent to Purchase the Advanced Kiaka Gold Project in Burkina Faso From Randgold ResourcesTORONTO - - Volta Will Accelerate Exploration Towards a Development Decision TSX: VTR The Institutional Limited Partners Association (ILPA) Releases the ILPA Private Equity PrinciplesTORONTO - - Guidelines Intend to Create Framework for Sustainability and Growth of Asset Class Through Improved Governance, Alignment of Interests and Transparency Tim Hortons Inc. to Present at UBS Best of Americas ConferenceOAKVILLE, Canada - Tim Hortons Inc. (NYSE:THI, TSX: THI) management will be presenting on Thursday, September 10th, 2009 at 4:20 pm BST (11:20 a.m. ET) at the UBS Best of Americas conference in London, UK. AVEVA Instrumentation Selected by AMECCAMBRIDGE, England - AVEVA (LSE:AVV) announced the latest release of its new AVEVA Instrumentation product with the news that AMEC, a leading international engineering and project management company, has confirmed its adoption of AVEVA Instrumentation for Instrumentation and Control design and engineering for its Mining and Metals business in Canada. WAISC 09, Canada’s Largest Alternative Investment Conference, Set for September 14-16TORONTO - Canadian Hedge Watch Inc. (CHW) presents its 8th annual World Alternative Investment Summit Canada (www.waisc.com), taking place September 14-16, 2009, at Fallsview Casino Resort in Niagara Falls, Ontario. WAISC attracts some 400 delegates to hear over 70 featured speakers and includes the Canadian market’s largest Fund Manager Showcase highlighting 18 leading hedge fund managers. Noront Resources Reports Final Assays on Blackbird Chromite Deposit, McFauld’s LakeTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 163,631,957 Fully Diluted: 173,461,957 Sinopec International Takes up Additional Addax Petroleum Corporation SharesCALGARY, Canada - Sinopec International Petroleum Exploration and Production Corporation (”Sinopec International”) is pleased to announce that additional common shares of Addax Petroleum Corporation (”Addax Petroleum”) have been tendered to the offer (the “Offer”) dated July 9, 2009, as extended, made by Mirror Lake Oil and Gas Company Limited (”Mirror Lake”), an indirect wholly-owned subsidiary of Sinopec International. Mirror Lake has taken up all such additional Addax Petroleum common shares as of the expiry of the Offer on August 27, 2009 and has now taken up an aggregate of 162,947,508 Addax Petroleum common shares, representing approximately 98.22% of the Addax Petroleum common shares on a diluted basis. Alpha Market Share Over 20%TORONTO - Alpha Group today announced that, for the first time since its launch in November 2008, the volume traded in TSX listed securities on Alpha ATS represented more than 20% of market share across all Canadian transparent market places. Addax Petroleum Commences Exploration Campaign in Joint Development ZoneCALGARY, Canada - - Drilling First Deepwater Well at Kina Prospect in JDZ Block 4 Licence Area Canadian Solar Obtained Development Rights for a 500 MW Project in ChinaONTARIO, Canada - Canadian Solar Inc. (”the Company”, “Canadian Solar” or “we”) (Nasdaq: CSIQ) today announced it obtained rights to design, install, operate, and maintain a 500 MW solar power plant system. Under a letter of intent with the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone (”CPT”) in Baotou, Inner Mongolia, the solar power plant will be located in CPT. Bernard Mariette Becomes President-CEO of Canadian Apparel Powerhouse Coalision, Owner of Orage et Lolë brandsMONTREAL - Bernard Mariette, partners with the founders of the Orage and Lolë brands and with private equity fund Kilmer Capital Partners and is appointed President and CEO of Coalision Inc. Entrée Gold Finalizes Agreement With HoneyBadger ExplorationVANCOUVER, Canadá - Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entrée” or the “Company”) announces that the Company has completed due diligence and received regulatory approval for the option agreement with HoneyBadger Exploration Inc. (TSX.V:TUF - “HoneyBadger”) previously announced on July 23, 2009. Multiplied Media Announces Ability to Search Restaurants, Read Reviews and Book Dining Reservations in PoyntCALGARY, Canada - Multiplied Media Corporation (TSX:V MMC), an award-winning, Calgary-based provider of mobile local search services, is pleased to announce the addition of restaurant search for over 880,000 Poynt customers in Canada, the United States and the United Kingdom. Guyana Goldfields Reports Robust Projected Economics from Preliminary Assessment for the Aurora Gold ProjectTORONTO - Guyana Goldfields Inc. (TSX: GUY) (”Guyana” or the “Company”) is pleased to announce the on-schedule completion of a positive NI43-101 compliant Preliminary Assessment (”PA”) for the Aurora Gold Project by AMEC of Oakville, Ontario. An interim summary called “Summary of PA Key Findings” is posted on the Company’s website at www.guygold.com. The final PA NI43-101 Technical Report will be submitted within the required 45-day period and made available on Sedar and the Company website. Neverblue and It’s Just Lunch Sign Agency Agreement for AustraliaVICTORIA, Canada - Neverblue, a premier global lead generation network, announced today that it has signed an exclusive agency agreement with the largest offline dating service in the world, It’s Just Lunch. The agreement appoints Neverblue as the exclusive agent in Australia, where It’s Just Lunch has over a half dozen offices. Noront Resources Appoints Alex Davidson, DirectorTORONTO - Noront Resources Ltd. (”Noront” or the “Company”) (TSX Venture: NOT) is pleased to announce the appointment of Mr. Alex Davidson to the Board of Directors of Noront Resources, effective August 4, 2009. Workers Uniting Union Counters the Lies in U.S. Health Care DebateLONDON - Workers Uniting, the world’s first international union, has launched an attack on the lies and misinformation being spread in the USA by opponents of President Obama’s health insurance reform plan. Sinopec International Pays for Addax Petroleum Corporation Shares and Will Appoint New Addax Petroleum Board of DirectorsCALGARY, Canada - Sinopec International Petroleum Exploration and Production Corporation (”Sinopec International”) is pleased to announce that it has paid for the common shares of Addax Petroleum Corporation (”Addax Petroleum”) that were validly deposited to and not withdrawn from the offer (the “Offer”) dated July 9, 2009 made by Mirror Lake Oil and Gas Company Limited (”Mirror Lake”), an indirect wholly-owned subsidiary of Sinopec International. As previously announced by Sinopec International, as of August 14, 2009, an aggregate of 153,734,120 Addax Petroleum common shares, representing approximately 92.67% of the Addax Petroleum common shares on a diluted basis, were tendered to the Offer. Duluth Metals Hole Hits Mineralization 900 Meters Southwest of Defined Boundary of Nokomis DepositTORONTO, Canada - Duluth Metals Limited (”Duluth Metals”) (TSX: DM) (TSX:DM.U) is announcing the assay results from MEX-155-W1 which intersected mineralization 900 meters southwest of the currently defined Nokomis Deposit outline. MEX-155-W1 was drilled in an area of four historic drill holes referred to as Nickel Ridge, where the historic hole DU-13 returned 10 feet of 1.03% copper and 1.57% nickel within a 60 foot zone of markedly higher than average nickel assays. Assay results from MEX-155-W1 and the four historic holes confirm a substantial extension of significant mineralization towards the Nickel Ridge area with good copper values and above average nickel grades, beyond the current resource boundaries of the Nokomis Deposit. MEX-155-W1 and the four historic holes will be included in the new NI 43-101 Resource Study currently being undertaken by Scott Wilson RPA. Summer Sea Ice Good News for Hudson Bay Polar BearsCHURCHILL, Canada - Scientists have confirmed what a Tundra Buggy(R) business in Churchill is witnessing: that due to colder-than-usual subarctic weather this year, healthier polar bears are being spotted along the west Hudson Bay coast. TelCamp.tel Sets the Stage for Future TelCamps WorldwideTORONTO, Canada - - Inaugural Canadian TelCamp Set to Rock Toronto The Royal Ontario Museum, (ROM) will debut TelCamp 1 Toronto, Canada’s first TelCamp. This grassroots initiative is designed to showcase the attributes of the .tel domain and is the first to employ the newly created TelCamp.tel site which provides automated registration and attendee lists, submissions for agenda topics and further .tel resources. “Strigoi” to Hold World Premiere at Toronto’s After Dark FestivalLONDON - - British-Romanian Vampire Flick To Debut At Canadian Thrill Fest Strigoi (www.strigoimovie.com), a new independent vampire film set in present-day rural Romania, has announced that it will be holding its world premiere at the 4th annual Toronto After Dark Film Festival ( torontoafterdark.com/2009) on Monday, August 17th at the legendary Bloor Cinema. Amsterdam Molecular Therapeutics Reports Half Year Results 2009AMSTERDAM - - Conference Call & Webcast Today at 2:00 p.m. CET Amsterdam Molecular Therapeutics (Euronext: AMT), a leader in the field of human gene therapy, today reported its results for the first half year of 2009. Telnic Announces New Advertising Record for .tel DomainsTORONTO, Canada - Telnic Limited (telnic.org), the registry operator for the new communications-focused .tel top level domain (TLD), today announced at Domain Convergence that it will shortly be delivering a new solution for text-based advertising listings for the .tel domain, enabling .tel domain owners to use more traditional and measurable domain monetization techniques. Azure Dynamics Announces Second Quarter 2009 ResultsOAK PARK, Michigan - - All Amounts in US$ Unless Otherwise Specified Azure Dynamics Corporation (TSX: AZD) - (”Azure” or the “Company”), a leading innovator in the development of environmentally friendly and cost effective hybrid electric and electric technologies for commercial vehicles, today reported its second quarter financial results for the period ending June 30, 2009. The Company also provided an update on corporate and product development activities. Capstone Reports Strong Second Quarter and Year-to-Date Results on Low Cost ProductionVANCOUVER - - Cash Flow from Operations (1) of US$22.6 million in Second Quarter and US $48.9 million in first 6 months of 2009 ALERT: Top China Power Generation Company in Broad Cooperation with Canadian Solar (CSIQ)ONTARIO, Canada - Canadian Solar Inc. (”the Company”, “Canadian Solar” or “we”) (Nasdaq: CSIQ) today announced a broad strategic cooperation with one of China’s largest power generation companies. Under the far reaching agreement, Canadian Solar and the Guodian Power Development Co., Ltd. will design, invest, build, operate and maintain PV power plants in China. As specified in the agreement, the two parties will work together as strategic partners in Gansu, Ningxia and Inner Mongolia first and will work to develop new markets in other provinces in the future. Noront Resources Reports CDN$20 Million Financing Fully SubscribedTORONTO - /THIS PRESS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 161,033,457 Addax Petroleum Announces Sinopec’s Receipt of Approvals From The People’s Republic of ChinaCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) today announced that it has received confirmation from Sinopec International Petroleum Exploration and Production Corporation (”SIPC”) that it has obtained all approvals required from the relevant Government Entities of The People’s Republic of China (”PRC Approvals”) in order for SIPC and Mirror Lake Oil and Gas Company Limited (”Mirror Lake”), an indirect wholly-owned subsidiary of SIPC, to complete the acquisition of Addax Petroleum. SIPC has also confirmed that receipt of the PRC Approvals satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the “Offer”) made by Mirror Lake that the PRC Approvals be obtained. |
