Industry News

Rusoro Mining Ltd. welcomes the award issued on August 22, 2016 by the Arbitration Tribunal operating under the Additional Facility Rules of the World Bank's International Centre for the Settlement of Investment Disputes in the arbitration brought by Rusoro against the Bolivarian Republic of Venezuela. The Tribunal awarded the Company damages of US $967.77 million plus pre and post-award interest which currently equates to in excess of US $1.2..."/>
Rusoro Awarded US$967.77 million by an ICSID Additional Facility Tribunal for the Expropriation of its Investments in Venezuela
MX Gold Corp. announced that between August 15th and 22nd, it received a total of $640,925 upon the exercise of outstanding warrants and stock options. A total of five persons exercised 1,803,083 warrants at $0.30 for proceeds of $540,925 and two persons exercised 600,000 stock options at the exercise price of $0.15 and $0.25 for proceeds of $100,000. The funds will be used to advance the WillaMax project.. “The company is pleased that we..."/>
MX Gold Corp. Receives $640,925 on Exercise of Warrants and Stock Options and Plans Strategic Private Placement
ADM Tronics Unlimited, Inc., a technology-based developer and manufacturer of innovative technologies and products, commented on ADMT's first quarter of fiscal year 2017 financial results reported yesterday in the Company's quarterly report on Form 10 Q available at www.sec.gov. "Our management is very pleased with the positive results for the first quarter of our Fiscal Year 2017. This marks our tenth consecutive..."/>
ADM Tronics CEO Comments on First Quarter Fiscal Year 2017 Financial Results
Ecolab Inc., the global leader in water, hygiene and energy technologies and services, is ranked 35th on Selling Power magazine’ s 2016 list of the 50 Best Companies to Sell For. Ecolab was recognized for its strong culture of support for the company’ s 25,000 sales-and-service associates. “We love our people– especially our sales people– and we have built our organization around our amazing sales-and-service team,” said Ecolab Chairman and CEO Douglas M. Baker, Jr.“ We..."/>
Ecolab Named to Selling Power’s 2016 List of 50 Best Companies to Sell For
Smith-Midland Corporation project updates. The North American network of licensed producers of Easi-Set all-precast concrete buildings continues to erect projects on pace to eclipse past annual totals. Here are three of the most recent examples:."/>
Easi-Set Building Projects Continue at Quickening Pace
DynaResource de México SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, is providing clarifying statements and a number of updates with respect to the SJG Project:. 1. Goldgroup Mining Inc., Vancouver, BC. issued a press release on June 27, 2016 claiming to announce a closing of mining operations at the SJG Project, which is misleading, deceptive, and has proven to be false."/>
DynaResource de Mexico SA de CV Issues Clarifying Statements Regarding the San Jose de Gracia Project ("SJG Project")
Graphite One Resources Inc. is pleased to announce that it has completed its non-brokered private placement offering. The Offering was originally announced in the July 15, 2016 press release with a goal of raising $1.0 million, was oversubscribed, raising gross proceeds of $1.3 million."/>
Graphite One Successfully Completes $1.3 Million Financing
South American Gold Corp signed an agreement to become the exclusive South American distributor of Microbial Mojo GoGo, an agreement that the company estimates could easily lead to over one million dollars in new revenue to the company. Microbial Mojo GoGo is a unique liquid fulvic and humic acid extracted through a patented process."/>
South American Gold Corp Signs Exclusive Distribution Agreement for South America
Graphite One Resources Inc. is pleased to announce that it has completed its non-brokered private placement offering. The Offering was originally announced in the July 15, 2016 press release with a goal of raising CA $1.0 million, was oversubscribed, raising gross proceeds of CA $1.3 million. The net proceeds of the Offering will be used for exploration and development of the Company's Graphite Creek Project, for final preparation of the..."/>
Graphite One Successfully Completes $1.3 Million Financing
Crystal Peak Minerals Inc. announced today that it has granted options to purchase common shares of the Company to directors, consultants, and employees. Crystal Peak granted an aggregate of 2,515,937 options to directors of the Company; an aggregate of 600,000 options to consultants to Crystal Peak and to the Company's subsidiary; and an aggregate of 300,000 options to employees of the Company's subsidiary. All options are exercisable over a period..."/>
Crystal Peak Minerals Inc. Announces Grant of Stock Options
Dynasty Provides an Operation and Corporate Update
LSB Industries, Inc. today announced that it is soliciting consents from the holders of its outstanding $425,000,000 in aggregate principal amount of 7.75% Senior Secured Notes due 2019 to effect the Proposed Amendment. As previously disclosed, on July 1, 2016, the Company completed the sale of its climate control business for a total sale price of $364 million, subject to certain post-closing adjustments. The primary purpose of the Consent Solicitation is to..."/>
LSB Industries, Inc. Announces Launch of Consent Solicitation
Multi Packaging Solutions International Limited on Tuesday reported a GAAP net loss of USD6.7m or USD0.09 per diluted share for the fourth quarter 2016, increased from the GAAP net loss of USD4.9m or USD0.08 diluted loss per share in the same quarter of 2015.. GAAP net income in the fourth quarter of fiscal 2016 include negative foreign exchange effects of USD0.2m. The company's fourth quarter GAAP sales were USD373.8m, down from the net sales of USD402.5m in the same period..."/>
Multi Packaging Solutions reports higher net loss for Q4 2016 year over year
Excellon Resources Inc., Mexico's highest grade silver producer, is pleased to announce the appointment of Ben Pullinger, P.Geo as Vice-President Geology effective in mid-September 2016, taking over from John Sullivan, P.Geo., who is stepping into a consulting role. "We are tremendously excited to have Mr. Pullinger join the team in the coming weeks, "stated Brendan Cahill, President and Chief Executive Officer.""/>
Excellon Appoints Ben Pullinger as Vice-President Geology
Albemarle Corporation, a leader in the global specialty chemicals industry, announced today that it has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by Jiangxi Jiangli New Materials Science and Technology Co. Ltd.. The transaction is expected to close by the end of the first quarter of 2017, subject to regulatory..."/>
Albemarle signs definitive agreement to acquire lithium salts production assets in Asia
HEADWATERS INCORPORATED, a building products company dedicated to improving lives through innovative advancements in construction materials, today announced the closing of its acquisition of Krestmark Industries and the associated financing. On August 19, 2016, Headwaters closed the acquisition of substantially all of the assets of Krestmark Industries for a purchase price of $240 million, subject to certain adjustments pursuant to the terms of an..."/>
Headwaters Incorporated Announces Closing of Krestmark Industries Acquisition and Associated Financing
Midas Gold Corp. today announced that its Board of Directors has approved a drill program for its Stibnite Gold Project, located in Idaho, USA. The Company's objective for the drill program is to improve, expand and de-risk the mineral resources defined in the December 2014 preliminary feasibility study before commencing a feasibility study. Positive results could enhance the Project economics in the planned FS. The drill program is expected to..."/>
Midas Gold to Initiate Drill Program on Its Stibnite Gold Project
McEwen Mining announced on Monday the appointment of Donald Brown as senior vice president of its Projects. Effective 29 August 2016, Brown will lead the advancement and future development of the company's portfolio of global assets, including the Los Azules copper project in Argentina and the El Gallo Silver project in Mexico, as well as assisting our current team with the ongoing development of the Gold Bar project in Nevada. Previously, Brown has..."/>
McEwen Mining appoints Donald Brown as Sr. VP of Projects
Piramal Enterprises Ltd's structured investment group unit has agreed to invest Rs.150 crore in Smaaash Entertainment Pvt. Ltd, a sports-based entertainment company co-owned by cricketer Sachin Tendulkar, two people aware of the development said. Currently, Smaaash has five gaming arcades in Mumbai, Bengaluru, Gurgaon, Noida and Hyderabad."/>
Piramal invests Rs150 crore in Smaaash Entertainment [Mint, New Delhi]
Microsoft founder's fortune to $90 billion. Strong performances from Canadian National Railway Co. and Ecolab Inc. moved Gates $13.5 billion ahead of the second richest man in the world, Spanish retail magnate Amancia Ortega."/>
BRIEF: Bill Gates' net worth hits record high $90 billion, website reports [NOLA Media Group, New Orleans]

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