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COPPER KING MINING (OTC: CPRK | Quote | Chart | News | PowerRating) "Up 18.06% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CPRK.php
Company Profile: http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
CPRK News:
June 19 - Copper King Mining Corporation Announces Receipt of Beaver County Inducement Resolution for Long-Term Bond Financing
Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Milford, Southern Utah, announced that it has obtained, through its wholly owned subsidiary, Western Utah Copper Company (WUCC), an inducement resolution from Beaver County, Utah, to issue taxable Industrial Revenue Bonds totaling $100,000,000.
The Beaver County inducement states in part:
The Bonds issued by the County under the provisions of this Resolution shall not constitute nor give rise to a general obligation, debt or liability of the County, or a charge against its general credit or taxing powers. Nothing contained in this Resolution or in any other instrument shall be considered as indebtedness of the County or as obligating the County to any pecuniary liability or a charge against or upon the general credit of the County or against its taxing powers. Such limitations shall be plainly stated and printed upon the face of said Bonds.
The bonds will be purchased by OCS Capital Group LLC's investment banking house. Copper King received a firm letter of commitment in advance for the purchase of these bonds. The commitment states in part:
The foundation is a qualified sophisticated institutional investor as defined by SEC rule 144(a) and is not relying on, or intending to remarket the bonds.
The foundation will purchase the entire issue of the taxable Bonds in an aggregate principal amount not to exceed $100,000,000.
OCS, an OCS American Limited Liability Company, is an international bond-law consulting firm with offices in Pennsylvania, Washington DC, and Albuquerque NM. It is also a consultant on government relations and government affairs. It provides technical and professional services to local, municipal, state and federal government agencies in the United States and South America.
OCS past projects have ranged from $25 Million, up to $8.3 Billion and vary from mining to commercial developments in cities and towns. Additional information will be released as approved by the lender.
QUEST MINERALS & MINING CORPORATION (OTCBB: QMNM | Quote | Chart | News | PowerRating) "Up 84.91% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/QMNM.php
Quest Minerals & Mining Corp. engages in the acquisition and operation of energy and mineral related properties in the southeastern part of the United States. It owns leasehold interests in various coal properties in eastern Kentucky. The company was founded in 2003 and is based in Paterson, New Jersey.
QMNM News:
June 20 - Quest Minerals & Mining Announces Rapidly Approaching Production Phase
Quest Minerals & Mining Corp. (OTCBB: QMNM | Quote | Chart | News | PowerRating) (Frankfurt: QMNB.F), a Kentucky based operator of energy and mineral related properties, announced that it is diligently working to conclude their final stages of rehabilitation so that they can move into full production. The company is currently preparing to mine its Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.
Eugene J. Chiaramonte, Jr., President of Quest Minerals and Mining Corp., stated, "I have spent many hours underground to ensure that we are mining as soon as possible. Despite some minor encounters related to equipment delays, our long awaited production phase is imminent. Pending any unaccountable obstacles, we expect to be ready for production within a week to two weeks. The company is eager to launch its $8 million contract fulfillment with Logan & Kanawha Co., LLC. We will provide continual updates as production incurs."
ENSURAPET INCORPORATED (OTCBB: EPTI | Quote | Chart | News | PowerRating) "Up 71.43% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EPTI.php
Ensurapet, Inc., a development stage company, provides pet health information services to pet owners, veterinarians, animal healthcare professionals, and pet service providers primarily in the United States and the United Kingdom. Its health information services include life and health insurance for pets, horses, and other companion animals through public online portals. The company offers online animal healthcare information, decision-support applications, communications services, and insurance applications that enables pet owners to obtain information on diseases or conditions, analyze symptoms, locate veterinarians, store their pet's healthcare information, receive periodic e-newsletter, and participate in online communities with pet owners and veterinarians. Its services also enable users to access clinical reference sources, learn about treatment options, and communicate with peers; and enables pet owners, veterinarians, insurance agents, and employer and employer/group organizations to provide employees and members with access to pet life and health insurance plans for companion animals. Its public portals include ensurapet.com; vetpetmd.com; purrfectpetclub.com; spotthepet.com; purrfectpetinsurance.com; and purrfecthorseinsurance.com. The company, formerly known as Vsurance, Inc., was founded in 2005 and is based in Santa Ana, California.
EPTI News:
June 19 - EnsurApet Announces 'Protect 4' Pet Health Insurance Plans
EnsurApet Becomes 1 of Only 3 Pet Health Insurance Providers Across the Entire Pet Health Insurance Industry to Offer Coverage for Medical and Preventive Treatments for Everyday Common Dog and Cat Illnesses
EnsurApet, Inc. (OTCBB: EPTI), a provider of pet health insurance, announced today that the Company's "Protect 4" Pet Health Insurance Plans offer dog and cat owners an insurance plan which provides coverage for preventive and medical treatments of common canine and feline illnesses.
The EnsurApet "Protect 4" plan provides the most coverage of any pet insurance plan in the marketplace today. The coverage includes vaccinations, dental cleaning, kitten boosters, puppy boosters, feline infectious peritonitis and feline leukemia as well as vaccines. The "Protect 4" Insurance Plan is a complete healthcare plan for preventive and major medical care.
"With over 141 Million dogs and cats in the United States alone and over 62% of all US households owning a pet there is clearly a demand for our Protect 4' Insurance Plans. EnsurApet is one of only three pet health insurance providers industry-wide to offer such coverage. This allows EnsurApet to rapidly expand its market share and to substantially increase the company's number of policy holders through joint venture projects with major pet retails across the country looking for ways to provide additional products to their customers," stated Russell Smith, CEO.
The Company's "Protect 4" policy covers the most common dog and cat illnesses including:
* Urinary Tract Infections. Commonly treated with Antibiotics.
* Upper Respiratory Infection (known as URI), which is very similar to the common cold in humans.
* Feline Distemper caused by a virus, however curable with the vaccine, Feline Distemper (FVRCVP).
* Chronic Kidney Failure. Common treatments include an IV drip for dehydration and kidney dialysis.
* Diabetes in cats. There are a number of possible treatments including cat insulin shots.
* Parvovirus in dogs, categorized as a viral disease.
* Rabies virus. Commonly prevented by vaccination.
* Distemper, caused by a virus referred to as CDV (canine distemper virus).
PLATINA ENERGY GROUP (OTCBB: PLTG | Quote | Chart | News | PowerRating) "Up 25.81% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PLTG.php
Platina Energy Group, Inc., an exploration stage company, engages in the exploration and development of oil and gas properties. It owns interests in the Hall and Kirkpatrick leases in the Palo Duro Basin located in Swisher and Hale County; and oil and gas leases located in Young County in Texas. The company also owns interests in various oil and gas leases in the Devonian Black Shale formation located in the Appalachian Basin of east Tennessee. In addition, Platina Energy Group owns certain rights in Thermal Pulse Unit (TPU), a proprietary enhanced oil recovery technology that utilizes a hydraulic gas compressor to enhance the production of mature oil fields and stripper wells. The TPU creates 350F+ heat and 1,500+psi pressures for utilization in well cleanup, stimulation, and production. The company was incorporated in 1988 as Windom, Inc. and after undergoing various business changes, the company's name was changed to Platina Energy Group, Inc. in 2005. Platina Energy Group is headquartered in Cheyenne, Wyoming.
PLTG News:
June 19 - Platina Energy Group Connects More Wells to Pipeline in Kentucky
Platina Energy Group, Inc. (OTCBB: PLTG | Quote | Chart | News | PowerRating) (Frankfurt: O5Y.F) reports as of the close of business on Thursday, June 19, 2008, more gas wells have been connected to the pipeline for purchase by a major supplier.
Blair Merriam, President of Platina stated, "Combined production should range in the 750-1000 mcf/day. At current gas pricing, annualized revenue run-rate should rise to exceed $4,000,000+ from the new connections by the end of June. We are only part way done with our present developmental program in Kentucky, but expect to enjoy cash flows beginning in July and a healthy revenue stream from these wells for years to come."
According to Joel Patton, field management for Platina, "We've been working at top speed to get these wells on line in Kentucky as in addition to our Tennessee field. We're very excited about the revenues that these wells will deliver as both areas have long histories of consistent production."
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