LONDON, October 29, 2010 - A British family will beat the recession this Christmas by home
exchanging with a family for the second time and holidaying like there's no
recession. With no hotel bills, the benefit of free accommodation and the
ability to exchange everything from family skiing equipment to cars and
bicycles, home exchange has quickly become the best way to experience the
world like a local and to stay-for-free.
VAIL, Colorado, October 25, 2010 - Israel Petroleum Company, Limited (IPC) is pleased to announce that it
has signed an agreement to acquire the publicly listed Israeli company
Shaldieli, Ltd. ("Shaldieli" or "the Company") in a reverse takeover. IPC
will place its ownership interests in the Myra and Sara drilling licenses
offshore Israel - owned through a limited partnership - into the Company,
which currently has no assets or liabilities, in exchange for 90% ownership
of the Company and a controlling interest therein. The transaction is
expected to close at the end of November, subject to regulatory approval and
requisite approval of corporate organs. The prospectus for the transaction is
expected to be filed with the Israel Securities Authority by November 4,
2010.
BROOMFIELD, Colorado, October 18, 2010 - Pan American Goldfields Ltd (OTCBB:"MXOM") (the "Company") today
announced the appointment of Miguel F. Di Nanno as president of the Company,
replacing George S. Young. Mr. Di Nanno is a mining engineer and business
executive with over 30 years of experience in mining exploration and
development in Latin America, and will bring to the Company additional
strength in the identification and acquisition of new projects for the
Company's growth. His previous experience includes positions as Country
Manager in Argentina for Phelps Dodge Corporation, Commercial Development
Manager in Argentina for the Queensland Government and the Australian
Industry Group, Chief Operating Officer in Argentina for the Grosso Group,
and as Zone Manager for Canyon Resource Corporation. He has also been highly
sought after and served in a consulting capacity for an impressive list of
mining and mining service companies, including MIM Exploration, COMINCO,
Brancote Holdings, Viceroy Resources, Cyprus Minerals, Mauricio Hochschild,
Bema Gold, Northern Orion, and Lakefield Research Ltd.
VAIL, Colorado, October 18, 2010 - Israel Petroleum Company (IPC) is pleased to announce that it has entered
into an agreement with Ofer Investments, Ltd. ("Ofer"). Ofer has agreed to
purchase a 50% interest in IPC's 100% owned subsidiary, IPC Oil and Gas
(Israel) Partnership, for up to US$28 million. The investment will be used to
fund IPC's share of the costs of drilling the first wells in the Sara and
Myra licenses.
Installation of Ball Mill and Additional Flotation Capacity Expected to Increase Production Rate and Recoveries
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