The distribution of shares in Emitor International AB to the shareholders has now been completed as decided by the Extraordinary Shareholders Meeting of Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB (publ)) on 6 May 2011. The record date for the distribution was 10th of May 2011. Read more.
Serial System Ltd (Serial System), a company listed on the Singapore Stock Exchange and headquartered in Singapore, has been appointed as parallel distributor for Greater China and Taiwan by Fingerprint Cards AB (FPC). In combination with the signed distribution agreement, Serial System has placed an initial order with FPC worth SEK 15.7 M. Read more.
The interim report for the three month period ended at the 31st of March 2011 from Selena Oil & Gas AB will be published at an earlier date, on the 15th of June 2011. Read more.
Under its own initiative and in line with the NGM exchange’s decision, previously announced, BRIO AB has been delisted from the NGM Equity list. The last day for trading in BRIO’s shares is today, Friday, June 10, 2011. Read more.
At the Extra General Meeting (EGM) in Selena Oil & Gas Holding AB(publ) this Thursday the EGM authorized the Board of Directors to resolve on a new issue/issues of not more than 25 million shares and with or without the deviation from the shareholders’ preferential rights. The purpose is to provide the Board with flexibility in its work to secure that Selena Oil & Gas Holding AB, in a suitable way, can be provided with capital for the financing of the business, undertake acquisitions of companies as well as to enable a broadening of the ownership base of the company. Read more.
June 8, 2011 (AOI – TSXV, AOI - NASDAQ OMX) … Africa Oil Corp. (“Africa Oil” or “the Company”) reports that Lion Energy Corp. (“Lion”) shareholders voted 99.96% in favour of the proposed plan of arrangement with Africa Oil at their Special Meeting held on June 8, 2011 in Vancouver. Under the terms of the arrangement, Africa Oil will acquire all of the issued and outstanding shares of Lion in consideration for 0.20 Africa Oil shares for each common share of Lion. [..] Read more.
Sotkamo Silver has completed the drilling-program, which began in February. 2,400 meters underground has been drilled. The number of completed drill holes was 28 whereof 15 has been mapped, sampled and delivered for assays. Sotkamo Silver has already released information from five drill-cores in a press release on April 28, 2011. Read more.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary, Lundin Malaysia B.V. has entered into an agreement with PETRONAS Carigali Sdn Bhd to farm-in to Block PM307 offshore Peninsula Malaysia. Under the agreement, Lundin Petroleum acquires a 75 percent interest and operatorship. PETRONAS Carigali Sdn Bhd holds the remaining 25 percent interest in the Block. Read more.
Net asset value per share: USD: 6.66, SEK: 41.05
Change in net asset value (USD/share) May 2011: -5.05%
RTS index development, May 2011: -6.83%
Three largest holdings, May 31, 2011 (Share of Portfolio):
TNK-BP Holding 20.8%
Black Earth Farming 20.3%
RusForest 8.4%
Read more.
CALGARY, ALBERTA – BlackPearl Resources Inc.("BlackPearl" or the "Company") (TSX:PXX) (FIRST NORTH:PXXS) is pleased to advise that it has begun the process of re-starting oil production at its Mooney field, which was shut-down as a result of forest fires in the Slave Lake area in northern Alberta. Read more.
June 1, 2011 (SNM–TSXV) … ShaMaran Petroleum Corp. (“ShaMaran” or “the Company”) is pleased to announce that the Company has received conditional approved for trading of its common shares on the First North list of the NASDAQ OMX Stock Exchange. The conditional approval becomes effective when ensured that the First North’s requirement for a sufficient number of shareholders is met. [..] Read more.
IDEON; Lund
Björn Ekberg has over the last 17 years held leading R&D positions in the Point-of Care in vitro diagnostic industry. Earlier employments include companies like HemoCue AB, Chempaq A/S currently Unisensor A/S. Read more.
East Capital, leading asset manager specialising in Eastern Europe and China, is strengthening its Advisory Committees by appointing three new advisors.
Al Breach, a renowned expert on global emerging markets with a long research background as an economist at UBS and Goldman Sachs
Torbjörn Becker, a renowned expert on Eastern European economies and is currently Director of the Stockholm Institute of Transition Economics (SITE) at the Stockholm School of Economics
Christer [..] Read more.
The drilling program onshore the Sultanate of Oman has continued with the successful drilling and completion of both wells Farha South-7 ("FS-7") and Farha South-10 ("FS-10") on Block 3. The wells have been connected to the Farha South Early Production System (EPS) to be part of the ongoing long term production test of the area. Read more.
Instrument ID: QS9
Contract: TDAX1U 7300CBK
ISIN-code: DE000CK0AKU0
Instrument ID: QSD
Contract: B SHRTDAX AE CBK
ISIN-code: DE000CK0AKW6
Under the terms and conditions of the above mentioned instruments issued by Commerzbank AG, market making ends because the underlying instruments has reached the knock-out/stop-loss level. [..] Read more.
Lundin Petroleum AB (Lundin Petroleum) reports that production from the Alvheim field (Lundin Petroleum working interest (WI) 15%) and the Volund field (Lundin Petroleum WI 35%), offshore Norway was shut down for 13 days in May due to unscheduled maintenance on the Alvheim FPSO. The shut down was required in order for the operator Marathon Petroleum Norge AS to carry out preventative maintenance works on the Alvheim FPSO’s fire prevention system. Read more.
May 26, 2011 (AOI – TSXV, AOI - NASDAQ OMX) … Africa Oil Corp. (“Africa Oil”, “the Company” or “AOC”) is pleased to announce its financial and operating results for the three months ended March 31, 2011. Read more.
Revenue for the period: SEK 0.0 million (10.7)
Operating result for the period: SEK -5.2 million (-0.7)
Result for the period after tax: SEK -5.3 million (-1.3)
Basic and diluted earnings per share: SEK -0.01 (0.00)
Read more.
Toronto, May 25, 2011 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation(“Lundin Mining” or the “Company”) announced today that it has concluded its previously announced strategic process to explore alternatives for the creation of shareholder value. Although the Company received a number of non-binding expressions of interest with respect to both its assets and the Company, the Board of Directors, after careful consideration and following the receipt of advice from its [..] Read more.
