Noront Resources Reports Massive Chromite Assay Results at Blackbird DepositsTORONTO - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457 6356095 Canada Inc. (formerly Excapsa Software Inc.) to Pay Capital Gains DividendMONTREAL - XMT Liquidations Inc. (”XMT”), the court appointed liquidator of 6356095 Canada Inc. (formerly Excapsa Software Inc.), announces that it has received the requisite clearance from the Canada Revenue Agency in connection with the payment of a US $10 million capital gains dividend to registered shareholders. Redknee Secures Multi-Million Dollar License Expansion With Tier-1 EMEA OperatorTORONTO - - Redknee’s Next Generation Rating & Charging Solution Enables Aggressive Data Growth at a Leading Tier-1 Operator Noront Resources Grants Stock OptionsTORONTO, Canada - Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,898,457 Top Ranked Asian MBA School Offers Full Fellowships to International StudentsDUBAI - The current economic downturn is creating new opportunities for professionals to upgrade their skills and competencies. With rising demand for such qualified professionals, S P Jain, one of Asia’s top ranked Business Schools, is offering fellowships for its 1 year full time Global MBA program, accredited by AMBA, UK and conducted in Dubai and Singapore, two of the hottest Asian business destinations. Addax Petroleum Announces the Regulatory Filing of the C$52.80 Per Share Cash Offer by Sinopec International Petroleum Exploration and Production CorporationCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announced today that the definitive agreement (the “Acquisition Agreement”) with Sinopec International Petroleum Exploration and Production Corporation (”SIPC”) pursuant to which SIPC has agreed, subject to the terms of the Acquisition Agreement, to make an offer to acquire all of the outstanding common shares of Addax Petroleum by way of a negotiated take-over bid for C$52.80 per common share has been filed with the Canadian and U.K. securities regulatory authorities. A copy of this document may be obtained via www.sedar.com and www.londonstockexchange.com. Annual Eclipse Release Now AvailableOTTAWA - - Highlights Include Mac Cocoa Support, Domain-Specific Language Modeling and Updates to Equinox; Multi-Language Support Immediately Available Addax Petroleum Announces C$52.80 per Share Cash Offer by Sinopec International Petroleum Exploration and Production CorporationCALGARY - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announced today that it has entered into a definitive agreement (the “Support Agreement”) with Sinopec International Petroleum Exploration and Production Corporation (”SIPC”) pursuant to which SIPC has agreed, subject to the terms of the Support Agreement, to make an offer to acquire all of the outstanding common shares of Addax Petroleum by way of a negotiated take-over bid (the “Offer”) for C$52.80 per common share in cash. The Offer represents a 47% premium to the closing market price on the TSX of the Addax Petroleum common shares on June 5, 2009, the day prior to Addax Petroleum’s public announcement that it was in preliminary discussions with parties regarding a potential transaction. SIPC is a wholly owned subsidiary of China Petrochemical Corporation (”Sinopec Group”) and undertakes overseas investments and operations in the upstream oil and gas sector. Sinopec Group is China’s largest producer and supplier of oil products and major petrochemical products. Volta Resources Intersects 41 Metres (at) 3.23 Grams per Tonne of Gold at its Kampti Gold Project in Burkina FasoTORONTO - Volta Resources Inc. (”Volta” or the “Company”) (TSX:VTR) announced today results from its recently completed reverse circulation (”RC”) drilling program on the Mamena-Fofora prospect at its 100% owned Kampti III property in southern Burkina Faso, West Africa. Highlights include intersections of 41m (at) 3.23g/t gold (”Au”), 5m (at) 6.84g/t Au, 6m (at) 4.28g/t Au, 8m (at) 4.15g/t Au and 5m (at) 2.06 g/t Au (see Figure 1). New Dawn Common Stock Begins Trading on Frankfurt Stock ExchangeTORONTO - New Dawn Mining Corp. (TSX: ND, F: 3DM) announced that its shares have begun trading on the Frankfurt Stock Exchange under the symbol 3DM. Merck Serono Launches RebiSmart(TM), First Electronic Injection Device for Delivery of Multiple Sclerosis Treatment Rebif(R)GENEVA - - RebiSmart(TM) is Designed to Improve Ease of Handling and Usage and Introduces the Potential for Improved Treatment Adherence for Multiple Sclerosis Patients Thirty-Six Percent of Employed Workers in Europe Don’t Plan to Take a Holiday in 2009LONDON - Concerns about the economy and personal finances have workers rethinking holiday plans, according to a recent survey by CareerBuilder. Thirty-six percent of employed workers in Europe reported they are not planning to take a holiday in 2009, similar to findings reported by U.S. workers in a separate survey. Of those not planning to take a holiday, 41 percent of European workers said they simply can’t afford it while another 10 percent are worried about taking days away from the office in an economy where so many jobs have been lost. MAG Silver Responds to Fresnillo Decision to Withdraw “Take-Under” BidVANCOUVER, Canada - MAG Silver Corp. (TSX: MAG) (NYSE-A: MVG) (”MAG”) responded today to Fresnillo’s announcement that it has withdrawn its “take-under” bid for MAG. Jolife AB Announces Launch of LUCAS(TM)2, the New Generation of LUCAS Chest Compression System, in Europe and CanadaLUND, Sweden - Now Electrically Powered, the Life-Saving Medical Device Offers the Most Lightweight and Compact Solution to Maintain Circulation in Cardiac Arrest Patients Multiplied Media Launches Poynt Local Search Application for United KingdomCALGARY, Canada - Multiplied Media Corporation (TSX:V MMC), a Calgary-based provider of mobile local search services, today announces the launch of its award-winning Poynt local search application for BlackBerry(R) smartphones in the United Kingdom. BioSyntech Reports Positive Results from Pivotal Trial for BST-CarGel(R) Cartilage Repair DeviceLAVAL, Canada - BioSyntech, Inc. (TSX: BSY), a biotechnology company developing biotherapeutic thermogels for regenerative medicine, today announced statistically significant results from an analysis of patients who completed their 12 month follow-up in the BST-CarGel(R) randomized clinical trial. Specifically, statistically significant evidence of improved repair tissue quality due to BST-CarGel treatment was found during analyses of tissues biopsied from the knees of 22 patients. The ongoing multicentre pivotal trial is evaluating the ability of BST-CarGel to repair cartilage lesions in the knee when applied to a microfractured lesion compared to microfracture alone (control) in 80 patients. Final results on all 80 patients are expected in the first half of 2010. Telesat Signs Capacity Deal on T11N With Intersat AfricaOTTAWA, Canada - Expanded Broadband Services to African Continent Now Offered via Telesat’s Newest Satellite Sun Life Financial of Canada Acquires UK Business of Lincoln NationalTORONTO - Excellent Fit Will Deliver Substantial Benefits to Customers and Shareholders Sun Life Financial Inc. (TSX/NYSE: SLF) announced today it is acquiring the United Kingdom operations of Lincoln National Corporation. The value of the transaction is approximately (pnds stlg)195 million (CDN$359 million). The transaction, which is anticipated to be completed in the third quarter of 2009, is subject to regulatory approvals and to purchase price adjustments related to market and business performance between signing and closing. Silver Wheaton to Release Second Quarter Results on July 30, 2009VANCOUVER - Silver Wheaton Corp. (TSX, NYSE:SLW) will release second quarter results on Thursday, July 30, 2009, after market close. Capstone Reports Significant Increase in Copper-Gold Mineral Resources at Minto Mine, YukonVANCOUVER - 32% Increase in Contained Copper in the M&I Classes Provides Basis for Phase IV Expansion Bridgewater to Unveil Innovative Mobile Personalization Solution at CommunicAsia 2009OTTAWA, Ontario - Bridgewater Systems (TSX: BWC), the mobile personalization company, will unveil an innovative solution that personalizes the mobile experience and prevents mobile bill shock at a press conference at CommunicAsia on June 17 , 2009 in Singapore. Addax Petroleum Responds to Press SpeculationCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) has been made aware of press speculation involving the Corporation and the interest in it by third parties with respect to a possible acquisition or business combination. In response to that press speculation, Addax Petroleum acknowledges that it has held preliminary discussions with third parties expressing an interest in a potential transaction with the Corporation. While such preliminary discussions are ongoing, no assurance can be given that a transaction will be completed. Addax Petroleum does not intend to make further comment unless or until there is a transaction to announce. RiskMetrics Recommends Pala’s Slate for Rockwell BoardTORONTO - Pala Investments Holdings Limited (”Pala”) welcomes the recommendation published by RiskMetrics today with respect to Pala’s proposed changes to the Board of Directors of Rockwell Diamonds Inc. (”Rockwell”, TSX: RDI, JSE : RDI, OTCBB: RDIAF). Alcan Packaging Celebrates World Environment Day by Launching its Global Sustainability Moments(SM) CampaignMONTREAL - Alcan Packaging, a business unit of Rio Tinto Alcan, is launching its global Sustainability Moments(SM) campaign to coincide with World Environment Day celebrations. “This internal campaign is intended to increase awareness and educate employees about sustainability throughout the next year. Sustainability is a core value for Alcan Packaging, and we hope this will inspire all our employees to organise activities that will positively contribute to our communities and the environment,” said Jean-Christophe Deslarzes, president and chief executive officer, Downstream Aluminium Businesses and Alcan Packaging. All sites have been supplied with Alcan Packaging’s newly developed catalogue offering various activity ideas to promote sustainability in their local areas, such as a design contest, planting trees, landscaping of neighbouring sites, and more. To emphasise World Environment Day celebrations, the first moment of the Sustainability Moments(SM) campaign, each site is also able to hold Sustainability Challenge game sessions for employees today. The Sustainability Challenge educational game, which has been popular at several trade shows, was developed by Alcan Packaging to spark open discussion about environmental, social and economic aspects of sustainability. “We are confident that each of our sectors will respond to our communities’ challenges with the energy and enthusiasm we’ve come to expect, and create memorable and impactful sustainability moments,” said Michael Rubenstein, chief growth and innovation officer, Alcan Packaging. Mammoet’s Innovative Deep Water Salvage Operation in CanadaSCHIEDAM, The Netherlands - Mammoet Salvage recently recovered a fuel truck loaded with diesel and a cabinet containing lube oil from Robson Bight near Vancouver Island in Canada. The challenging project, in a water depth of 360 meters, was completed on time and well within budget. Redknee Recognized at Industry Innovation AwardsTORONTO - Customer Care Solution Named Finalist at Infovision Awards 2009 Redknee (TSX: RKN), a leading provider of business-critical software and solutions for communications service providers, is pleased to announce that its customer care solution, “One Call Resolution”, has been named a finalist at the InfoVision Awards 2009. Nominated by the International Engineering Consortium (IEC) and the Broadband World Forum Europe 2009 for its capability to successfully support network and services management operations, One Call Resolution has been recognized for its success in enhancing customer service performance and leadership for communication service providers. Capstone Announces New Life-of-Mine Plan & Mineral Reserve for the Cozamin Copper Mine, MexicoVANCOUVER - 8.1 Million Tonne Mineral Reserve Supports 8-year Mine Life Producing Average of 33 Million lbs of Payable Copper/Year Addax Petroleum and Genel Energy Commence International Export From Kurdistan Region of IraqCALGARY, Canada - Crude Oil From Taq Taq License Area Exported to International Markets Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) today announced that, together with partner Genel Energy International Ltd. (”Genel Energy”), it has commenced the international export of oil from the Taq Taq license area. The crude oil is being trucked to the Khurmala station and is then exported to international markets via the Iraq-Turkey main export pipeline which runs to the Mediterranean port city of Ceyhan. Magna Announces Continuing Involvement in Proposed Opel SolutionAURORA, Canada - Magna International Inc. (TSX: MG.A, NYSE: MGA) announced today that, following extensive negotiations over the past several days with various stakeholders, including representatives of German federal and state governments, GM Europe, General Motors Corporation and the US Treasury, it has reached a conceptual framework that should allow Opel to avoid a possible insolvency filing and pursue the restructuring required for its immediate and long-term viability. The framework reflects the total investment amount and the equity interests previously disclosed on May 22, 2009. Addax Petroleum Presents at Upcoming ConferencesCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announces that Mr. Jean Claude Gandur, President and Chief Executive Officer, will be presenting at the Credit Suisse London Oil & Gas Conference 2009 on Tuesday, June 2, 2009 at approximately 2:30 p.m. British Summer Time (9:30 a.m. Eastern Time). Addax Petroleum Corporation - Change to Record Date for DividendCALGARY - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announces that, further to the dividend declaration in the news release issued on May 13, 2008, the dividend record date has been changed to Monday, June 8, 2009. The dividend payment date of June 18, 2009 remains unchanged. Magellan Aerospace Awarded Contract for RADARSAT Constellation Mission Bus DevelopmentTORONTO - Magellan Aerospace Corporation announced today the award to its Winnipeg-based division, Bristol Aerospace, of the RADARSAT Constellation Mission (RCM) satellite bus development contract with MacDonald, Dettwiler and Associates Ltd. (MDA) of Vancouver. Really Simple Systems Hosted CRM Opens North American OfficeTORONTO - UK’s Largest Hosted CRM Systems Vendor Opens Toronto Office to Challenge US CRM Competitors With on Demand Simple CRM, Support New Business and Sustain Global Growth Withdrawal of Rockwell Minority Directors’ Circular and Proxy DemandedTORONTO, Canada - Pala Investments Holdings Limited (”Pala”) today demanded that the Minority Directors, being Mr. David Copeland, Dr. John Bristow and his younger brother Mark Bristow (the “Minority Directors”), withdraw and reissue their Proxy Circular dated May 20, 2009 (the “Circular”), and accompanying form of Proxy (the Green Proxy) for the upcoming Rockwell Diamonds Inc. (”Rockwell”, TSX: RDI, JSE: RDI, OTCBB: RDIAF) shareholders’ meeting to be held on June 17, 2009 (the “Meeting”), in Vancouver, British Columbia. ImmunoVaccine Technologies Partners With FIT Biotech to Advance a Therapeutic HIV VaccineHALIFAX, Canada - ImmunoVaccine Technologies Inc. (IVT), a Canadian vaccine development company, announced a research partnership with FIT Biotech, a Finland-based , clinical stage company that develops DNA vaccines. This research will formulate FIT Biotech’s GTU(R) MultiHIV DNA plasmid with IVT’s DepoVax(TM) vaccine delivery system to advance a therapeutic HIV vaccine. |
