xtremepicks.com: www.Xtremepicks.Com: Xtremepicks Alerts November 18, 2009 : EXK, KGN, KBX and INO

Posted on: Wed, 18 Nov 2009 12:16:00 EST


Symbols: EDR, EXK, KGN, INO, KBX
Nov 18, 2009 (M2 PRESSWIRE via COMTEX) --
KBX | Quote | Chart | News | PowerRating -- Xtremepicks.com Alerts include Endeavour Silver Corp. (TSX: EDR | Quote | Chart | News | PowerRating)(TSX:EDR.WT)(NYSE Amex: EXK | Quote | Chart | News | PowerRating), Keegan Resources Inc. (TSX: KGN | Quote | Chart | News | PowerRating)(NYSE Amex: KGN), Kimber Resources Inc. (NYSE AMEX: KBX, TSX:KBR) and Inovio Biomedical Corporation (NYSE Amex: INO | Quote | Chart | News | PowerRating)

Endeavour Silver Corp. (TSX:EDR)(TSX:EDR.WT)(NYSE Amex:EXK) trading at $3.70 per share on trading volume of 753,297 shares.

In a press release out on November 18, Endeavour Silver Acquires Option to Purchase the San Juanico Properties Adjacent to El Cometa Property, Parral District, Chihuahua State, Mexico

VANCOUVER, BRITISH COLUMBIA, Nov 18, 2009 -- Endeavour Silver Corp. ("Endeavour" or the "Company") (TSX:EDR)(TSX:EDR.WT)(NYSE Amex:EXK)(DBFrankfurt:EJD) announces that it has acquired an option to purchase the San Juanico properties, located adjacent to the El Cometa property, part of Endeavour's Parral exploration project near the city of Hidalgo de Parral, Chihuahua State, Mexico.

Endeavour Silver Corp. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted four consecutive years of aggressive silver production and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become the next premier mid-tier primary silver producer.

Keegan Resources Inc. (TSX:KGN)(NYSE Amex:KGN) trading at $6.64 per share on trading volume of 263,537 shares.

In a press release out on November 18, Keegan Resources Inc. Announces $36.0 Million "Bought Deal" Financing

VANCOUVER, BRITISH COLUMBIA, Nov 18, 2009 -- Keegan Resources Inc. (the "Keegan" or the "Corporation") (TSX:KGN)(NYSE Amex:KGN) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), under which the Underwriters have agreed to purchase on an underwritten basis 6,100,000 common shares (the "Common Shares") of Keegan at a price of $5.90 per Common Share for total gross proceeds to Keegan of $35,990,000. Under the agreement, the Underwriters have an over-allotment option to purchase up to an additional 915,000 Common Shares, which if exercised in full will result in gross proceeds of $41,388,500. The proceeds of the offering shall be used primarily for general and administrative expenses and for working capital.

Keegan Resources Inc. (Keegan) is a junior gold company. The Company is engaged in the acquisition and exploration of resource properties. The properties of the Company are Esaase Gold Property and Asumura Gold Project. The Esaase project is located on the Asankrangwa gold belt in SW Ghana, 13 kilometers north east of Resolute's Obotan deposit. The property contains bulk mineable gold deposits hosted in deformed Birimian metasedimentary rocks containing sheeted and stockwork quartz veins. The Company owns 100% of two concessions with full mining leases; the Esaase Concession and the Jeni Concession. The Asumura Property is located in south west Ghana on the western boundary of the Sefwi-Bibiani belt. The deposit is 65 kilometers south west from Newmont's Ahsfo deposits. The targets at Asumura are disseminated open pit gold deposits.

Kimber Resources Inc. (NYSE AMEX:KBX, TSX:KBR) trading at $0.74 on a volume of 42,600 shares

In a press release out on November 18, Kimber Announces High Grade Gold-Silver Mineral Resource Estimate and Improved Metallurgical Recoveries for Carmen Deposit

VANCOUVER, Nov. 18, 2009 -- New Upgraded Geologic Model Supports Improved Recoveries - 96% for Gold & 72% for Silver for High Grade Mineral Resource Kimber Resources Inc. (NYSE AMEX:KBX, TSX:KBR) is pleased to announce a new, upgraded mineral resource estimate for the Carmen Deposit at its 100% owned Monterde project, located in Mexico's Sierra Madre mining district. This estimate defines a high grade gold-silver mineral resource with improved metallurgical recoveries, which lies within an overall significantly larger, lower grade mineral resource. This new mineral resource estimate is based on 587 drill holes and 329 metallurgical tests completed to date, and has been created after a thorough geological and metallurgical review. The base case high grade mineral resource estimate is tabulated below, while additional details follow later in this release.

About Kimber

Kimber owns mineral concessions covering in excess of 39,000 hectares in the prospective Sierra Madre gold-silver belt, including the Company's Monterde property, where three gold-silver mineral resources have already been defined. The most advanced of these, the Carmen deposit, has been extensively drilled and has undergone detailed geologic modeling in order to evaluate the potential for a combined open pit and underground mining operation based on current mineral resources. The Company is now commencing a formal review of potential economics at the Carmen deposit. In addition, the Company has a 100% interest in the mineral concessions of its Pericones property, an 11,890 hectare property targeted for silver, located approximately 100 kilometres southwest of Mexico City.

Inovio Biomedical Corporation (NYSE Amex: INO | Quote | Chart | News | PowerRating) trading at $1.21 on a volume of 117,213 shares

In a press release out on November 18, Inovio Biomedical Universal DNA Vaccine for Chikungunya Virus Demonstrates Protective Antibody Responses in Monkey Model

Advanced Preclinical Studies Underscore Potential of the Company's SynCon(TM) Approach for Developing Vaccines against Major Emerging Infectious Disease Targets

SAN DIEGO, Nov 18, 2009 -- Inovio Biomedical Corporation (NYSE Amex: INO), a leader in DNA vaccine design, development and delivery, announced today that the company's SynCon(TM) Chikungunya virus DNA vaccine induced protective neutralizing antibody responses in a preclinical non-human primate model. Dr. David B. Weiner, Professor, University of Pennsylvania and Chairman, Inovio Scientific Advisory Board, discussed the data at the VACCINES EUROPE conference in Brussels, Belgium, in a presentation entitled, "Engineering DNA vaccine potency in vivo results in improved immunity: improving vaccine immunogenicity and efficacy."

About Inovio Biomedical Corporation

Inovio Biomedical is focused on the design, development, and delivery of a new generation of vaccines, called DNA vaccines, to prevent and treat cancers and infectious diseases. The company's SynCon(TM) technology enables the design of "universal" vaccines capable of protecting against multiple -- including newly emergent, unknown -- strains of pathogens such as influenza. Inovio's proprietary electroporation-based DNA vaccine delivery technology has been shown by initial human data to safely and significantly increase gene expression and immune responses. Inovio's clinical programs include HPV/cervical cancer (therapeutic) and HIV vaccines. An IND has been filed for an avian influenza vaccine. Inovio is developing its universal and avian influenza vaccines in collaboration with scientists from the University of Pennsylvania, the National Microbiology Laboratory of the Public Health Agency of Canada, and the NIH's Vaccine Research Center. Other partners and collaborators include Merck, Tripep, University of Southampton, National Cancer Institute, and HIV Vaccines Trial Network. More information is available atwww.inovio.com.

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For full details on Education Realty Trust (EDR) EDR. Education Realty Trust (EDR) has Short Term PowerRatings at TradingMarkets. Details on Education Realty Trust (EDR) Short Term PowerRatings is available at This Link.

For full details on Endeavour Silver Corp (EXK) EXK. Endeavour Silver Corp (EXK) has Short Term PowerRatings at TradingMarkets. Details on Endeavour Silver Corp (EXK) Short Term PowerRatings is available at This Link.

For full details on Keegan Resources Inc (KGN) KGN. Keegan Resources Inc (KGN) has Short Term PowerRatings at TradingMarkets. Details on Keegan Resources Inc (KGN) Short Term PowerRatings is available at This Link.

For full details on Inovio Biomedical Corp (INO) INO. Inovio Biomedical Corp (INO) has Short Term PowerRatings at TradingMarkets. Details on Inovio Biomedical Corp (INO) Short Term PowerRatings is available at This Link.

For full details on Kimber Resources Inc (KBX) KBX. Kimber Resources Inc (KBX) has Short Term PowerRatings at TradingMarkets. Details on Kimber Resources Inc (KBX) Short Term PowerRatings is available at This Link.

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