PHOENIX, AZ — (Marketwired) — 09/30/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced that yesterday it entered into a securities purchase agreement to raise the $500,000 required to exercise the option to purchase an additional 25% of Tero Oilfield Services ("Tero"). Alta Disposal, a wholly owned subsidiary of Lithium Exploration Group, acquired 50% of Tero on March 1, 2014 with a 12-month option to acquire an additional 25%. The financing is scheduled to come in over t
HERNDON, VA — (Marketwired) — 09/30/14 — HC2 Holdings, Inc. ("HC2") (OTCQB: HCHC) today announced that it has extended the expiration time of its previously announced tender offer for all of the outstanding shares (the "Shares") of common stock of Schuff International, Inc. ("Schuff") that it does not already own (the "Offer") to October 6, 2014 at 5:00 PM, New York City Time, unless further extended (the "Expiration Time"). Accordingly, hold
BURLINGTON, ONTARIO — (Marketwired) — 09/29/14 — Astrix Networks Inc., operating as Memex Automation (TSX VENTURE: OEE) ("Memex" or the "Company"), the global leader of manufacturing M2M productivity solutions, is pleased to announce MERLIN is profiled in the September issue of Modern Machine Shop alongside Caron Engineering–s multi-axis adaptive control manufacturing methods.The article: , describes Caron Engineering–s five multi-axis adaptive control machining methodo
OTTAWA, CANADA — (Marketwired) — 09/26/14 — Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced that it has closed the bridge loan as previously announced on September 10, 2014, in the amount of $720,000 ("Bridge Loan"). As noted in the Company–s press release dated September 10, 2014, several of the persons who provided l
SARASOTA, FL — (Marketwired) — 09/25/14 — Sun Hydraulics Corporation (NASDAQ: SNHY) announces that its Board of Directors has elected to authorize a special cash dividend in the amount of $1.00 per share, payable on October 24, 2014, to shareholders of record as of October 10, 2014. In declaring the special dividend, the Board cited the Company–s strong cash position, ability to generate on-going cash, and strong financial performance in the first half of 2014 as reasons for its decision.&q
LARGO, FL — (Marketwired) — 09/22/14 — Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) — The Company announces it has secured the Largo commercial property located at 1185 Gooden Crossing, Largo, FL with occupancy that began this month. The purchase is secured with a lease to own agreement in the amount of $1,385,000 and the monthly lease amount is $7,000 for the 16,838 square feet portion of the property with $5,000 monthly being recognized as principal payments toward
SARASOTA, FL — (Marketwired) — 09/22/14 — Sun Hydraulics Corporation (NASDAQ: SNHY) has announced a $0.09 per share cash dividend on its common stock. The dividend is payable on October 15, 2014, to shareholders of record as of October 2, 2014.Sun Hydraulics advises all shareholders to familiarize themselves with rules regarding dividends, payment dates and ex-dividend dates. See the following website for more information .Sun Hydraulics Corporation is a leading designer and manufacturer of
HERNDON, VA — (Marketwired) — 09/22/14 — HC2 Holdings, Inc. ("HC2") (OTCQB: HCHC) today announced that it has extended the expiration time of its previously announced tender offer for all of the outstanding shares (the "Shares") of common stock of Schuff International, Inc. ("Schuff") that it does not already own (the "Offer") to September 29, 2014 at 5:00 PM, New York City Time, unless further extended (the "Expiration Time"). Accordingly, h
JACKSONVILLE, FL — (Marketwired) — 09/18/14 — NAC Global Technologies (OTCQB: NACG) today announced it has been awarded a ten year supply agreement for harmonic gearing with Legacy Press Company, a flexographic printing press manufacturer of Fort Mill, SC. The Company–s HGT drives are applied on Legacy–s line of narrow web label presses, providing 360 degree dynamic phase adjustment of the print, die and sheet register.Mr. Vincent Genovese, Chairman and CEO of NAC, said, "This long te
KITCHENER, ONTARIO — (Marketwired) — 09/16/14 — Metal fabrication and construction companies cut structural linear material on a regular basis. The majority of cutting operations are done in the most traditional manner when the cutting blade is perpendicular to the material with a 90-degree angle between the blade and the material itself.Often there is a need to connect parts with specific angles, like on window frames where all four parts need to be cut with 45-degree angles. Traditional c
