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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