AGORACOM Small Cap TV - September 1st - Highlights
posted on
Sep 01, 2011 09:19AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s September 1st, 2011, and we’ve found 10 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
GeoVax Labs, Inc. (OTCQB/OTCBB: GOVX)
GeoVax $3.6 Million Award Increased to $4.4 Million by U.S. Government
GeoVax Labs, Inc. (OTCQB/OTCBB: GOVX), an Atlanta-based biopharmaceutical firm developing vaccines to prevent and fight Human Immunodeficiency Virus (HIV) infections, today announced the increase of an existing $3.6 million annual award to $4.4 million for its Integrated Preclinical/Clinical AIDS Vaccine Development (IPCAVD) Grant supporting GeoVax's HIV/AIDS vaccine program.
This five-year grant was originally awarded in 2007 to GeoVax by the National Institutes of Health-National Institute of Allergy & Infectious Disease (NIH-NIAID), an agency of the U.S. government. The increase reflects an administrative supplement to support vaccine response characterization. Only highly successful IPCAVD grants receive supplements, which allow these successful programs to move more rapidly. This most recent supplement for the 2011-12 grant year is the third for the GeoVax program, bringing the initial award of $15.4 million now to an aggregate award of $20.4 million.
About GeoVax
GeoVax is a biotechnology company developing human vaccines for diseases caused by HIV. Our goals include developing HIV/AIDS vaccines for global markets, overseeing the manufacture and testing of these vaccines under GMP/GLP conditions (FDA guidelines), conducting clinical trials for vaccine safety and effectiveness, and obtaining regulatory approvals to move the product forward. GeoVax's vaccines are unique in expressing virus like particles that display the trimeric membrane bound form of the HIV-1 envelope glycoprotein.
Last Trade: 0.8552 Week: 2.30 – 0.63Market Cap: 13.42 Million
Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE Amex: TLR)
Timberline Resources Reports Additional Broad Zones of High-Grade Gold at Butte Highlands
Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE Amex: TLR) ("Timberline" or the "Company") today announced additional results from the 50,000-foot underground drill program at its Butte Highlands Joint Venture gold property in southwest Montana.
Drilling continues to hit broad intercepts of high-grade gold. Twenty-five distinct intervals grading more than 0.10 ounce per ton (opt) (3.4 grams per tonne (g/t/)) gold, including four intervals grading more than 1.0 opt (34.3 g/t) gold were identified within the ten holes reported today. Highlights include:
--Hole # BHUG11-041: 32.1 feet (9.8 metres) grading 0.21 opt (7.2 g/t)
gold;
--Hole # BHUG11-042: 26.9 feet (8.2 metres) grading 0.32 opt (11.0 g/t)
gold;
--Hole # BHUG11-043: 12.8 feet (3.9 metres) grading 0.20 opt (6.9 g/t)
gold;
--Hole # BHUG11-044: 28.8 feet (8.8 metres) grading 0.21 opt (7.2 g/t)
gold;
--Hole # BHUG11-047: 24.7 feet (7.5 metres) grading 0.23 opt (7.9 g/t)
gold;
--Hole # BHUG11-048: 37.4 feet (11.4 metres) grading 0.23 opt (7.9 g/t)
gold, including
-- 2.8 feet (0.8 metres) grading 2.31 opt (79.1 g/t) gold;
--Hole # BHUG11-050: 32.6 feet (9.9 metres) grading 0.30 opt (10.3 g/t)
gold, including
--4.6 feet (1.4 metres) grading 1.06 opt (36.3 g/t) gold;
--Hole # BHUG11-050: 15.0 feet (4.6 metres) grading 0.84 opt (28.8 g/t)
gold, including
--1.7 feet (0.5 metres) grading 1.47 opt (50.3 g/t) gold, and
--3.8 feet (1.2 metres) grading 2.46 opt (84.3 g/t) gold.
About Timberline Resources
Timberline Resources Corporation is exploring and developing advanced-stage gold properties in the western United States. The Company is primarily focused on the goldfields of Nevada, where it is advancing its flagship Lookout Mountain Project toward a production decision while exploring a pipeline of quality earlier-stage projects at its South Eureka Property and elsewhere.
Last Trade: 0.7952 Week: 1.40 – 0.624Market Cap: 43.96 Million