Fortress Financial Group, Inc. confirms that the Private Equity Group currently bidding for Hunt Gold Corporation has indicated that they intend to raise their bid price for that Company from their current bid price of US$0.025 per share. They intend do so prior to the market open, on August 8, 2008. Fortress... Read more..
Fortress Financial Group, Inc. notes that Hunt Gold Corporation has issued a Press Release today which states that Fortress Financial Group, Inc. is playing “hard ball” with them and that they are very likely subject to a takeover bid. Alan Santini, the CEO of the Company, confirms that “the... Read more..
Fortress Financial Group, Inc. confirms that it has been advised by Hunt Gold Corporation that it is to pay a stock dividend to its stockholders and in the amount of US$0.0021 per share of Common Stock. This was announced by Hunt Gold Corporation on August 26, 2008 and was a result of the completion... Read more..
Fortress Financial Group, Inc. confirms that the Company has repurchased additional amounts of its “free trading” shares of its Common Stock on July 28, 2008 and July 29, 2008. The Company repurchased an additional amount of 816,000,000 shares of its “free trading” stock at prices... Read more..
Fortress Financial Group, Inc. confirms that it has accepted a substantially higher bid for its “Bouse” and its “South Copperstone” Gold assets. The buyer will be paying a 30% higher price than that offered by Goldco. Buyer will be buying out the minority stockholders in both... Read more..
Rockwell Diamonds Inc. announces the appointment of Desmond Morgan as its new Chief Financial Officer. Mr Morgan replaces Dominique de la Roche, who has resigned as Chief Financial Officer and Director and will be leaving the Company at the end of October to pursue other opportunities. Desmond Morgan... Read more..
John Macken, President and CEO of Ivanhoe Mines, and Bret Clayton, Rio Tinto’s Chief Executive, Copper & Diamonds, said today that they were looking forward to engaging in negotiations with the Mongolian Government to conclude an Investment Agreement for the development of the Oyu Tolgoi copper-gold... Read more..
Northern Superior Resources Inc. announced the appointment of Arnold Klassen and Roland Horst to the Company’s Board of Directors and the release of its financial and operating results for the first six months and second quarter of 2008, with the Company’s management’s discussion and... Read more..
High River Gold Mines Ltd. announced that it has entered into an arms-length strategic investment agreement with Veromart Securities Inc., an indirect wholly-owned subsidiary of the Alfa Group Consortium (the “Alfa Group”) which is one of Russia’s largest privately-owned financial/industrial... Read more..
Platinum Underwriters Holdings, Ltd, is reported that the company has reported net income of $102.4 million, or $1.82 per diluted common share, for the quarter ended June 30, 2008. The results for the quarter include net premiums earned of $258.0 million, a decrease of 12.8% from the same quarter last... Read more..