Magna Announces Second Quarter and Year to Date ResultsAURORA, Canada - Magna International Inc. (TSX: MG.A; NYSE: MGA) today reported financial results for the second quarter and six months ended June 30, 2009. Canadian Solar Reports Second Quarter 2009 ResultsONTARIO, Canada - Q209 Highlights – Net revenues of US$114.2 million, a 131% increase from Q109 net revenues of US$49.5 million. — Shipments of 48.2 MW, a 168% increase from Q109 shipments of 18 MW. — Gross margin of 20.2% and net margin of 15.5%, compared to Q109 negative gross margin of 7.9% and Q109 negative net margin of 9.7%. — Earnings per diluted share of US$0.49, compared to Q109 net loss per diluted share of US$0.13. Noront Resources Announces CAD $20 Million Equity FinancingTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 161,033,457 ImmunoVaccine Technologies Partners With Scancell to Advance DNA Vaccine DeliveryHALIFAX, Canada - ImmunoVaccine Technologies Inc. (IVT), a Canadian vaccine development company, has signed an agreement with UK-based Scancell Ltd., the operating company of Scancell Holdings Plc (SCLP.PL), which is developing therapeutic cancer and infectious disease vaccines. This research agreement will explore the potential of using IVT’s DepoVax(TM) delivery system for Scancell’s novel ImmunoBody(R) DNA vaccines. Noront Resources Identifies Two New Lenses of Resource Grade Mineralization at Eagle One, McFauld’s LakeTORONTO, Canada - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457 Redknee Reports Profitable Growth in Q3-2009TORONTO, Canada - Redknee (TSX:RKN), a leading provider of business-critical software and services for communications service providers, including end-to-end converged billing, real-time charging, rating and personalization, today announced its results for the third quarter of fiscal 2009, ended June 30, 2009. Telsters to run First Ever TelCamp TorontoTORONTO - The self-named Telsters community, owners of the new communications-centric .tel domains launched in March 2009, today announced the first ever TelCamp in Canada. It will be hosted by some of the leading .tel owners and developers including Scott Smith, “Freaky Steve” and Mark Kolb. Technology Development Company Announces US$11 Million Dollar InvestmentST JOHN’S, Canada - PanGeo Subsea announced today they have secured a multi-million dollar investment to support ongoing commercialization of its innovative acoustic imaging technology and to increase its product offerings. The investment is led by Lime Rock Partners and CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures. First Tweetmyride Global Campaign to Raise US$1 Million for Charity via TwitterVANCOUVER - tweetmyride is a Twitter-driven global charity campaign, created to raise money for 10 charities around the world in the lead up to Vancouver-based Australian, Gavin Romanis, participating in the international mountain bike race, La Ruta de los Conquistadores in Costa Rica from November 11-14, 2009 (www.adventurerace.com) - known as one of the toughest on the planet. ProjetJ Newsletter - Journalism ProjectMONTREAL - ProjetJ/29 July 2009 (www.projetj.ca) Would you like to subscribe to our newsletter or collaborate with ProjetJ and offer your opinion in the debate regarding journalism in Quebec, please contact us at (projetj.ca/page.php?p=12) TimberWest Announces Intention to Sell Approximately 46,500 Acres of Select Timberland Assets on Vancouver IslandVANCOUVER, Canada - TimberWest Forest Corp. (”TimberWest”) announced today that it intends to divest up to four discrete timberland properties located on Vancouver Island in the Province of British Columbia, Canada. These timberland assets include the Beauforts, China Creek, Parksville and Trent properties, which comprise a total area of approximately 46,487 acres (or 18,813 hectares) and have a combined timber inventory of over 4.0 million cubic meters. These four properties represent small, isolated parcels of timberlands, most of which are not contiguous with TimberWest’s core timberland operations in either the north or the south of Vancouver Island. Noront Resources Reports Thunderbird Vanadium Assay ResultsTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457 Addax Petroleum Announces Record Production in Second Quarter 2009 ResultsCALGARY, Canada - - Record Quarterly Production of 143.2 Mbbl/d - Funds Flow From Operations of $306 million - Net Income of $38 Million Noront Resources Provides Corporate UpdateTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457 Ilaris(R) Recommended for European Approval as New Biologic Drug to Treat a Rare but Serious Group of Auto-Inflammatory DiseasesBASEL, Switzerland - - Not For US Media - Set to Become First Medicine in EU to Treat Patients Aged Four and Older Suffering From Life-Long Cryopyrin-Associated Periodic Syndrome (CAPS)(1) Magna International Inc. - Notice of Conference Call for Second Quarter 2009 ResultsAURORA, Canada - Magna International Inc. (TSX: MG.A; NYSE: MGA) will release its financial results for the second quarter ended June 30, 2009, on Friday, August 7, 2009. Martin & Co Weymouth House Canadian Olympic Sailing TeamBOURNEMOUTH, England - - First Foreign Olympic Monies Into UK The Weymouth office of the UK’s largest dedicated letting agency, Martin & Co is among the first businesses to directly benefit from foreign revenues as a direct result of the Olympics - some three years before the event itself! Entree Gold Announces Option Agreement With HoneyBadger ExplorationVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) announces that the Company has entered into an agreement with HoneyBadger Exploration Inc. (TSX.V:TUF - “HoneyBadger”) to explore for and develop porphyry copper targets in the Yerington porphyry copper district of western Nevada. HoneyBadger has assembled a substantial land package covering over 12,500 acres (5,080 hectares), known as the Yerington West Project. Addax Petroleum Announces Receipt of Letter From Kurdistan Regional Government of IraqCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC), today announced that it has received a letter (the “KRG Letter”) from the Minister of Natural Resources of the Kurdistan Regional Government (the “KRG”) and has confirmation from Sinopec International Petroleum Exploration and Production Corporation (”SIPC”) that receipt of this letter satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the “Offer”) made by Mirror Lake Oil and Gas Company Limited, an indirect wholly-owned subsidiary of SIPC, that Addax Petroleum obtain the KRG Letter. The Offer is subject to a number of conditions including valid acceptances by holders of not less than 66 2/3 per cent of Addax Petroleum shares on a fully diluted basis and receipt of certain regulatory approvals, including the government of The People’s Republic of China. The Offer is expected to close in the third quarter of 2009. Lignol Announces Memorandum of Understanding With BAE Systems PLCVANCOUVER - Lignol Energy Corporation (TSX-V: LEC) (”Lignol” or “the Company”), a leading technology company in the cellulosic ethanol and biorefining sector, and BAE Systems PLC (LSE: BAES.L) (”BAE Systems”) announced today the signing of a memorandum of understanding to explore and develop commercial applications for biochemicals from the Lignol biorefinery process that have use or synergies within BAE Systems’ business, as well as financing of cellulosic ethanol projects. VoiceAge Announces the Creation of a Patent Pool for AMR-WB/G.722.2 Speech Compression StandardsMONTREAL - VoiceAge Corporation announced today its initiative to create a patent pool of essential AMR-WB/G.722.2 patents. Both Ericsson and Nokia, who are major contributors to AMR-WB/G.722.2 Standards, foster the realization of this patent pool in order to provide users with convenient, fair, reasonable and non discriminatory access to a portfolio of essential worldwide patents under a single license agreement. Noront Resources Announces Windfall Lake Acquisition Option AgreementTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457 Redknee Recognized as a Stratecast Top 10 to Watch in OSS/BSSTORONTO, Canada - - Global Award Recognizes Redknee for Emerging as Competitor to the Established OSS/BSS Elite Magna and Sberbank Announce Revised Offer for OpelAURORA, Canada and MOSCOW - Magna International Inc. (”Magna”) (TSX: MG.A, NYSE: MGA) and Savings Bank of the Russian Federation (”Sberbank”) (RTS: SBER, MISEX: SBER03) today announced that Magna and Sberbank have jointly submitted a revised offer to acquire a 55% interest in Adam Opel GmbH (”Opel”) as part of a proposed solution that is intended to assure the long-term viability of Opel. Under the offer, the acquired 55% interest in Opel would be owned by a 50:50 Magna/Sberbank consortium (”Consortium”), with General Motors Company (”General Motors”) retaining a 35% interest and Opel employees acquiring 10% as part of a new labour framework. The offer was made in response to a request by General Motors for final offers regarding Opel. The offer contemplates a total equity investment by the Consortium of Euro 500 million over time. Rio Tinto Alcan Plant in Sebree, Kentucky Signs New Long-Term Power ContractMONTREAL - Rio Tinto Alcan has signed its long-term power contract for the Sebree aluminium smelter in Kentucky following an agreement on the terms and conditions of the Big Rivers “unwind” transaction. The new contract will secure power for Sebree’s smelting operations through 2023. Silver Wheaton Announces Goldcorp’s Penasquito Mine Achieves Mechanical CompletionVANCOUVER - - First Concentrate Shipment Still Targeted for the Second Half of 2009 Silver Wheaton Corp. (”Silver Wheaton”) (TSX: SLW) (NYSE: SLW) is pleased to announce that, as reported by Goldcorp Inc. (”Goldcorp”) in a press release dated July 13, 2009, construction of the first sulphide process line (Line 1) at Goldcorp’s world-class gold-silver-lead-zinc Penasquito mine in Zacatecas, Mexico is now complete and commissioning work is advancing on schedule. Production and shipment of first concentrates are still targeted for the second half of 2009. Capstone Reports Strong Production & Cash Operating Costs for the First Half of 2009VANCOUVER - - 49.2 Million pounds of Copper in Concentrates With an Estimated Total Cash Cost(1) of US$0.93 per Pound of Payable Copper Rio Tinto Alcan and Procter & Gamble a Winning Team at the 21st DuPont Awards for Packaging InnovationMONTREAL - Alcan Packaging, a business unit of Rio Tinto Alcan, and Procter & Gamble (P&G) were honoured with a top prize for their Prilosec OTC(R) Pack at the 21st DuPont Awards for Packaging Innovation, the industry’s first sustainable packaging virtual event. Canadian Researchers Discover Gene Related to the Appearance of AgingHALIFAX, Canada - Scientists in Atlantic Canada have found a gene that may play a role in skin aging. Researchers were investigating the genetic cause of a rare disorder known as cutis laxa type 2 (CL2), which causes skin on the hands, feet and face to be loose and older looking, as well as growth and developmental delays including effects on the brain. In the process, researchers found some interesting correlations with the synthesis of proline, a chemical associated with skin and joint health. New Dawn Mining Corp. Reports Gold Sales from Turk Mine in Zimbabwe for the Quarter Ended June 30, 2009TORONTO - Highlights for the Quarter Ended June 30, 2009: ———————————————– - Total gold sales of US$2,863,000 - 3,122 ounces of gold sold - Average net sales price of US$917 per ounce of gold Noront Resources Announces No Material ChangeTORONTO - Noront Resources Ltd. (”Noront” or the “Company”) (TSX Venture: NOT) announced today that there are no corporate developments or undisclosed material changes involving the Corporation to account for its recent rise in stock price. Noront released an Exploration Update on June 29, 2009 www.norontresources.com/News/Release/147 outlining the current status on drilling at its Eagle One high-grade nickel, copper, PGM discovery. As discussed in that press release, all outstanding assays on Eagle One are pending and will be released when compiled. Mountain Province Announces C$4.5M Private PlacementTORONTO and NEW YORK - Shares Issued and Outstanding: 60,097,746 TSX: MPV AMEX: MDM Mountain Province Diamonds Inc. (”Mountain Province” or the “Company”) (TSX: MPV, AMEX: MDM) today announced that the Company is arranging a non- brokered private placement of up to 3 million Units at a price of C$1.50 (US$1.30) per Unit. If fully subscribed, the private placement will raise proceeds of C$4.5M. New Dawn’s Turk Mine in Zimbabwe Exceeds 900 Ounces of Gold Production During the Month of June 2009TORONTO, Canada - Gold Production for the Quarter ended June 30, 2009 totalled 2,685 ounces or 83.5 kg’s Highlights: ———– - Gold production for June 2009 was 937 ounces or 29.15 kg’s - 2,685 ounces of gold or 83.5 kg’s produced during the quarter ended June 30, 2009 - 55 additional miners hired at Turk Mine during June 2009 - Total workforce at Turk Mine now at 772 miners and growing as production expansions are initiated Sirius Genomics Announces New Collaboration With Assistance Publique-Hopitaux de ParisVANCOUVER, Canada - Sirius Genomics, a developer of pharmacogenomic diagnostics, announced today that it has signed a collaborative agreement with the Assistance Publique-Hopitaux de Paris (AP-HP) to study genomic correlations in severe sepsis patients. The agreement focuses on the continued development of Sirius’ pharmacogenomic diagnostic intended to assess responsiveness to recombinant human activated Protein C (sold by Eli Lilly and Company under the trademark Xigris (R)) in patients with severe sepsis at high risk of death. Sinopec Commences Take-over bid for Addax PetroleumCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) ( TSX: AXC and LSE: AXC), today announced that Mirror Lake Oil and Gas Company Limited (”Mirror Lake”), an indirect wholly-owned subsidiary of Sinopec International Petroleum Exploration and Production Corporation (”SIPC”), has today commenced its offer for Addax Petroleum (the “Offer”) and mailed the Offer and take-over bid circular (the “Offer Documentation”) as well as the Addax Petroleum directors’ circular, containing the Addax Petroleum board’s unanimous recommendation to accept the Offer, to Addax Petroleum shareholders. On June 24, 2009, SIPC and Addax Petroleum reached an agreement for Mirror Lake to make an offer to acquire all of Addax Petroleum’s outstanding common shares for C$52.80 per common share in an all-cash transaction. |
