NGP Capital Resources Company (NASDAQ:NGPC) announced that the Board of Directors has appointed L. Scott Biar as Chief Financial Officer, Secretary and Treasurer of the Company, effective June 27, 2011, replacing Stephen K. Gardner, who continued in the roles as Chief Financial Officer, Secretary and Treasurer of the Company subsequent to his appointment as President and Chief Executive Officer of the Company in February 2011. Mr. Gardner will continue to serve as President and Chief Executive Officer of the Company.
NGP Capital Resources Company is a private equity firm specializing in investments in small and mid size and middle market companies.
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Orofino Gold Corp. (ORFG)
Gold is a chemical element. Its chemical symbol is Au and its atomic number is 79. Gold is the most popular precious metal for investments. Gold is a good conductor of electricity and heat. Gold is shiny, soft and dense. It is also malleable, which means it can easily be beaten into thin sheets or other shapes. Compared to other metals, gold is less chemically reactive. Gold is a popular choice when it comes to rewarding achievement with medals, statues and trophies. Academy Award, Olympic and Nobel Prize winners all receive golden items in recognition of their achievement.
Orofino Gold Corp. recently announced that it has requested Sepro Systems Corp. to assist in the design criteria to improve environmental sensitivity and maximize yield production and recoveries as it begins development at its Culo Alzado mine site in Sur de Bolivar, Colombia.
Canadian-based Sepro Systems Corp. is a leading supplier of state-of-the-art, environmentally sensitive mineral processing equipment for projects worldwide.
Recent permitting issues for Colombian based Gold projects due to environmental concerns from the Colombian government have made sustainable and environmentally conscious mining programs a top priority for many of the region's mining companies. Orofino's directors and management feel taking steps to ensure sustainability from the beginning of its exploration process is part of the company's responsibility to the local population and government. These steps will also better position the company for long-term development of its concessions thanks to a decreased environmental impact.
In addition to positioning Orofino for environmentally sustainable growth, installing Sepro equipment at its Culo Alzado mine site will also dramatically improve recoveries of minerals from current workings. Orofino intends to install new, state-of-the-art crushing, milling, and recovery systems in order to begin a regular sampling program as laid-out by the company's Qualified Person as described in the National Instrument 43-101. This equipment will enable Orofino to generate regular, up-to-date metallurgical and geological reports, improving knowledge of the composition of the producing concessions and increasing investor confidence.
Orofino Gold Corp. (ORFG) is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino Gold's corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
For more information please visit official website of ORFG: http://www.orofinogoldcorp.com/
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United Security Bancshares, Inc. (NASDAQ:USBI) announced that J. Daniel (Dan) Matheson, III was named Committee Chairman of the Company's Executive Management Committee by the Board of Directors. This committee has been designated by the Board of Directors to manage the Bank due to the resignation of Mr. R. Terry Phillips as President and CEO effective June 30, 2011.
United Security Bancshares, Inc. operates as the holding company for First United Security Bank, which provides commercial banking products and services to businesses and individuals.
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Authentidate Holding Corp. (Nasdaq:ADAT) announced the results of a recent customer review it conducted with Pulmonary Associates of Lancaster, PA, which implemented Authentidate's Inscrybe(R) Healthcare to eliminate paperwork and streamline referral and order management in their practice.
Authentidate Holding Corp. provides secure health information exchange, workflow management services, and telehealth solutions worldwide. The company software and Web-based services eliminate paper and manual work steps from clinical and administrative processes.
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Informatica Corporation (Nasdaq:INFA) announced it will release its second quarter results on July 21, 2011, after the close of the market. The company will host a conference call at 5:00 p.m. EDT to discuss the results. The call will be hosted by Sohaib Abbasi, chairman and CEO, and Earl Fry, CFO, chief administration officer & EVP, global customer support, and can be accessed on the company's Web site at http://www.informatica.com/investor.
Informatica Corporation provides enterprise data integration and data quality software and services worldwide. Its software solutions include a set of technologies that enable various enterprise-wide data integration initiatives.
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