MINNEAPOLIS, MN — (Marketwire) — 02/26/13 — Despatch Industries, the world-s leading thermal technology and equipment provider, is pleased to announce that the company has promoted Dr. Ellen Cheng to the role of General Manager, China and Taiwan. In her expanded role, Dr. Cheng is now responsible for Despatch-s sales, service, technology, and business development activity in China and Taiwan for the company-s Solar, Carbon Fiber and Thermal Technology business units. Ellen is focusing on gro
BILLINGS, MT — (Marketwire) — 02/25/13 — Stillwater Mining Company (NYSE: SWC) (TSX: SWC.U) today confirmed that Clinton Group, Inc. ("Clinton"), a 1.1% Stillwater shareholder, advised the Company of its intent to nominate a slate of eight director candidates to stand for election at the Company-s 2013 Annual Shareholders Meeting.Stillwater-s management and a sub-set of its Board recently met with Clinton at Clinton-s request to discuss their public letter dated December 20, 2012.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Sirocco Mining Inc. (the "Company" or "Sirocco") (TSX: SIM) will be reporting its financial results for the year ended December 31, 2012 before market open on Thursday, March 7, 2013.A conference call to discuss the results will be held at 11:00 a.m. Eastern Standard Time on March 7, 2013. To participate in the call, please dial in 10 minutes before the conference starts and stay on the line (an operator will be ava
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Samaranta Mining Corporation (TSX VENTURE: SAX) ("Samaranta" or the "Company") today provides the following clarity to comments in Samarium Group-s press release of February 22, 2013.Pursuant to Mr. Hable-s claims of solely funding Samaranta, since Samaranta became public, management is not aware of any significant financing raised by Mr. Hable for the Company. The Company did find that based on the May 20, 2011 and
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — Firan Technology Group Corporation (TSX: FTG) announced today that it has been awarded a new multi-year Human Machine Interface (HMI) Enterprise Sourcing Agreement from Rockwell Collins. The agreement incorporates a variety of avionic products for major airframe platforms across Business Regional, Air Transport and Government Systems market applications.The new HMI contract is estimated at more than $33 Million USD. This represents a significant
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — The Board of Directors of Mahdia Gold Corp. ("Mahdia" or the "Company") (CNSX: MGD) is pleased to announce that it has appointed Andre Douchane as Chief Operating Officer of the Company. Further to a news release dated December 13, 2012, Mr Douchane became a consultant to the Company with a right of the Board to appoint him to a senior executive position. In light of the commencement of mining activity on the Omai site, the Bo
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed an Option Agreement to acquire the Planalto Copper Project, in the Carajas District of northern Brazil. The project comprises three exploration licenses, totalling 4,726 hectares in area, that lie approximately 10 kilometres to the west of Vale S.A.-s Cristalino deposit. Under the terms of option to acquire the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Animas Resources Ltd. (TSX VENTURE: ANI) has signed a letter of intent with Dore King Min SA de CV ("DKM"), a private Mexican gold mining company, which will work towards permitting, development, construction, and restarting gold production at the Santa Gertrudis Gold Project.The Letter of Intent was signed to establish a 50/50 arrangement whereby Animas will provide the mining claims at Santa Gertrudis along with its knowled
FREMONT, CA — (Marketwire) — 02/25/13 — AXT, Inc. (NASDAQ: AXTI)FY 2012 Net Revenues: $88.4 millionFY 2012 GAAP Net Income: $3.1 million; $0.09 per share (diluted)AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal year ended December 31, 2012.Revenue for the fourth quarter of 2012 was $18.9 million compared with $20.8 million in the third quarter of 2012. Total gallium arsenide (GaAs) subst
FREMONT, CA — (Marketwire) — 02/25/13 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced a program authorizing the repurchase of up to $6 million of the Company-s common stock through February 27, 2014.Any repurchases under this program will be made through open market purchases, block trades, unsolicited negotiated transactions, or any manner that complies with Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing, a
