Douglas Lake Minerals Inc. (DLKM.OB) team of mining and investment professionals has made a strategic decision to focus exclusively on its two flagship properties – the recently purchased Handeni Gold Project and its Mkuvia Alluvial Gold Project. The 800 square kilometer Handeni property will be explored under the guidance of Dr. Reyno Scheepers. The four properties are located directly adjacent to Canaco’s highly prospective Handeni Gold Project (CAN.V). The 380 square kilometer Mkuvia property is being developed by joint-venture partners.
Douglas Lake Minerals’ 100% owned Handeni Project is located within an area which has been interpreted as belonging to a reworked component of the same Archean superterrane that hosts the gold deposits of Geita (Anglo Gold) and Bulyanhulu (Barrick) in Tanzania, and Mkuvia Alluvial Gold Project is located in the Nachingwea District, Lindi Region of the United Republic of Tanzania.
It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes in the manufacture of different jewelry products. Gold is also well known as a coinage metal (because of its scarcity, inertness, and decorative features) and is a standard for monetary systems in many countries. Apart from gold coins, gold ingots, and gold bars, gold is available in many forms including pure gold and alloys as gold flakes, foil gauzes (meshes), grain, powders, sheet, sponges, tubes, wires and even single gold crystals.
DLKM has recently received approval from its Board of Directors to both enter into and immediately close upon the terms and conditions of a certain Mineral Property Acquisition Agreement (the "Acquisition Agreement"), with IPP Gold Ltd. ("IPP Gold"), to acquire a 100% interest in four prospecting licences (the "PLs"), totaling approximately 800 square kilometres, located in the Handeni District of Tanzania and which are owned or controlled by IPP Gold and its affiliates.
The Company is an emerging mineral exploration company focused on exploring mining opportunities in Tanzania.
For more information about this company please visit http://www.douglaslakeminerals.com/
Eaton Vance Tax-Advantaged Bond (NYSE:EXD) reported important information concerning its distribution declared in December 2010. This press release is issued as required by the Fund's managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make quarterly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the December distribution.
Howard Stern and Sirius XM Radio (NASDAQ:SIRI) previously reported a new five-year agreement. SIRIUS XM Radio surpassed 20 million subscribers, a record number of subscribers in satellite radio history.
SIRI ended third quarter 2010 with 19,862,175 subscribers, an increase of more than 1.3 million subscribers compared to the end of the third quarter 2009. Net subscriber additions of 334,727 in the third quarter of 2010 improved from 102,295 subscribers in the third quarter of 2009. In the third quarter 2010, average revenue per subscriber (ARPU) was $11.81, an increase of 6% from ARPU of $11.09 in the third quarter 2009.
The company experienced adjusted revenue of $722.5 million in the third quarter 2010, up 15% from the third quarter 2009 adjusted revenue of $629.6 million
Sirius XM Radio is America's satellite radio company. SiriusXM broadcasts more than 135 channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather, and data services to more than 20 million subscribers in cars, trucks, boats and aircraft, and through a wide range of mobile devices.
Pfizer Inc. (NYSE:PFE) invites investors and the general public to view and listen to a webcast of a conference call with investment analysts at 10 a.m. EST on Tuesday, February 1, 2011. The purpose of the call is to provide an update on Pfizer’s results, as reflected in the company’s Fourth Quarter 2010 Performance Report, to be issued that morning. To view and listen to the webcast and view the Performance Report, visit our web site at www.pfizer.com and click on the “Pfizer Quarterly Corporate Performance – Fourth Quarter 2010” link in the Investor Presentations section located on the lower right-hand corner of that page. Information on accessing and pre-registering for the webcast will be available at www.pfizer.com.
Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals worldwide.
Ruby Tuesday, Inc. (NYSE:RT) previously reported financial results for the fiscal second quarter. Positive same-restaurant sales of 4.2% at Company-owned Ruby Tuesday restaurants. Restaurant-level operating margin of 15.1%, compared to 13.7% for the prior year, an improvement of 140 basis points. Net income of $4.6 million, compared to prior-year net income of $0.4 million. Diluted earnings per share of $0.07, compared to diluted earnings per share of $0.01 for the prior year. Negotiated a new five-year, $320 million revolving credit facility with attractive pricing and flexibility, which closed on December 1st. Book debt to EBITDA ratio of 2.03 represents an improvement over the prior-year ratio of 2.57.
Ruby Tuesday, Inc., together with its subsidiaries, develops, operates, and franchises casual dining restaurants in the United States, Puerto Rico, Guam, and internationally.
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