AGORACOM Small Cap TV - November 16th - Highlights
posted on
Nov 16, 2011 09:30AM
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 November 16th, 2011, and we’ve found 4 great press release 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.
Deyu Agriculture Corp. Releases Third Quarter 2011 Results
Deyu Agriculture Corp. (OTCBB: DEYU) ("Deyu" or the "Company"), a Beijing, China based vertically integrated producer and distributor of organic and non-organic corn and grain products, today announced its financial results for the third quarter ended September 30, 2011.
Third Quarter 2011 Financial Highlights:
About Deyu Agriculture
Deyu Agriculture Corp. is a vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains operating in the Shanxi Province of the People's Republic of China. The Company has access to over 109,000 acres of farmland in the Shanxi Province for breeding, cultivating, processing, warehousing, and distributing grain and corn products.
Last Trade: 2.9952 Week: 4.90 – 2.00Market Cap: 31.53 Million
NioGold Reports Marban High Grade Western Zone returns 9.8 g/t Gold over 5.8 metres
NioGold Mining Corporation (TSX-V:NOX)
is pleased to report on the final drilling results of the first program conducted under the terms of the Aurizon Mines Ltd. ("Aurizon") earn-in option on the Marban Block property, located in the Malartic gold camp, Abitibi region of Quebec. A $5-million second phase program has been initiated.
Results from the last 31 drill holes of the first phase program are included in this release, of which 14 of the holes are on the Marban deposit and 17 are step out holes that tested the area between the Marban and Norlartic deposits. Drill results are tabled on the following pages.
Drilling highlights include:
-An additional important near surface mineralised interval of 9.8 grams of gold per tonne (g/t Au) over 5.8 metres (MB‑11‑224) was obtained in the newly recognised Marban ‘High Grade Western Zone' (see news release dated September 19, 2011).
-Drilling within the Marban deposit continues to confirm the continuity of the mineralised zones near surface as well as their extension below the Marban mine. Six (6) of the fourteen (14) holes returned thick lower grade gold mineralised intervals with metal factors above 20 as well as higher grade intercepts, including 8.3 g/t Au over 4.6 metres (MB‑11-200) intersected at a vertical depth of 275 metres.
-An interval of 5.9 g/t Au over 3.6 metres (MB‑08‑056ext) was obtained at a vertical depth of 350 metres in the newly recognised Marban ‘Eastern Down Dip Zone'.
About the company
NioGold Mining Corporation is a mineral exploration company focused on GOLD. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or stretch of the prolific Abitibi gold mining district, Province of Quebec, Canada. The Cadillac, Malartic and Val-d'Or mining camps have produced over 45 million ounces of gold since the 1930's and presently encompasses seven producing gold mines and a major mine development project (Canadian Malartic, Osisko Mining). NioGold's land holdings within the Abitibi presently cover 125 km2 and encompass three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced 600,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.
Last: 0.36Range: 0.55-0.29Market Cap: 34.8 million
Integra Gold Corp: Triangle Zone Adds High-Grade Ounces to Lamaque Gold Project, Increases Resource by 40%
Integra Gold Corp. (TSX VENTURE:ICG) –
is pleased to announce that it has received the Estimate of Resources and Modeling of the Triangle Sector report for the Triangle Zone portion of the Lamaque Gold Project located in Val d'Or, Quebec. The addition of the Triangle Zone resource estimate to the existing resources as published on June 23, 2011, has increased the total resource at Lamaque to 518,643 ounces inferred and 162,962 ounces indicated; an enhancement of 40%.
"The addition of high-grade ounces into our Lamaque resource estimate is an exciting milestone for Integra as it not only increases the overall value of the project, but also has the potential to positively influence the various production scenarios we are currently considering," comments Company President and CEO, John de Jong. "We will continue to increase our resource as aggressively as possible and are also considering the possible benefit of recalculating the No. 4 Plug resource (315,975 ounces inferred) as the cut-off grade used in the original calculation was determined at a time when gold traded in the $400 to $500 per ounce range."
About the company
Integra Gold Corp's main asset is the Lamaque gold property in Val d'Or, Québec, Canada, located in the 'Valley of Gold'. The gold project is directly adjacent to the currently producing Sigma Mine and the Lamaque Mine which is now closed. These two mines have produced approximately 9 million ounces of gold and reprted approximately 3 million ounces of resources and reserves. Complete mining support and mill infrastructure is located within one kilometer of the Company gold project.
Last: 0.30Range: 0.87-0.18Market Cap: 12.5 million
CUI Global Announces Exclusive 3-Year, $30.0 Million Distribution Agreement for Its Vergence(tm) Gas Metering Device
CUI Global, Inc. (OTCBB: CUGI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that it has entered into a three (3) year, exclusive distribution agreement with Orbital-UK for sales, marketing, distribution, and service of its Vergence™ GasPT2 gas metering device in the United Kingdom.
The agreement calls for sales of as many as 1,500 to 2,000 units and is valued from $30,000,000 to $40,000,000 over the three year term. The company expects to begin delivering product in the late First Quarter 2012. Orbital suggests that, conservatively, there are tens of thousands of natural gas metering sites worldwide and that, due to several factors, most will eventually require a faster, more accurate, more economical metering system.
For its part, Orbital is one of the largest system integration providers in the UK industrial gas market. Orbital is a specialist gas engineering company, delivering integrated instrumentation and engineered solutions to the gas utilities, industrial process and environmental industries.
About CUI Global, Inc.
CUI Global is a publicly traded platform company dedicated to maximizing shareholder value through the acquisition and development of innovative companies and technologies. From its Vergence GasPT2 platform targeting the energy sector, to its subsidiary CUI Inc.'s industry leading digital power platform targeting the networking and telecom industries, CUI Global has built a diversified portfolio of industry leading technologies that touch many markets.
Last Trade: 0.20 52 Week: 0.32 – 0.08Market Cap: 43.86 Million