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Dhanoa Minerals Ltd (OTC BB: DHNA)
Dhanoa Minerals Steps Up Modernization Project with Completed
Installation of Satellite Points for Security Cameras Top Tier Security Team
Hired to Monitor Bonanza Mining Properties 24/7
June 14, 2007-- Dhanoa Minerals Ltd. (OTCBB:DHNA - News;
FWB:D7Z) announces today that as part of its modernization program, the company
has completed the installation of satellite points on the company's properties
in the Bella Rica region of southern Ecuador. With all the satellite dishes now
in place, and operational, Dhanoa can install security cameras that will
enhance security and efficiency. Lee Balak, President of Dhanoa Minerals,
stated, "Cameras provide 24-hour streamline visuals of the property while
providing first rate security measures for the company's mining properties. As
far as I know, this is the first time cameras have been used to provide a 24/7
overview of mining operations which allow shareholders to view the pouring of
gold and silver bars." The company also hired a team of security experts
to monitor the gold production, and ensure that the company's refined gold and
silver are properly accounted for. The security team will live on-site to
provide 24/7 surveillance of the properties. "We keep a close watch on our
properties," stated Mr. Balak. "The addition of on-site security provides
safety measures which will assist us in meeting production goals, and will
ensure that our properties continue to operate smoothly." Dhanoa Minerals
values transparency of operations through modernization efforts such as these,
which will provide a direct benefit to operations, and production, which will
benefit all shareholders.
About Dhanoa Minerals Ltd.
'Dhanoa' is a production stage company formed to acquire,
explore, and develop natural resource properties. Activities include
implementation of the Company's business plan and raising capital. The Company
has recently initiated a new program to acquire producing properties as an
addition to its mineral portfolio.
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General Metals Corporation (OTC BB: GNLM)
General Metals Corporation Executives on Investor Tour in
Europe From June 17-26th, 2007 Seeking $10,000,000 in New Equity Financing
June 14, 2007-- General Metals Corporation (OTC BB:GNLM.OB -
News) (Frankfurt:GMQ.F - News) (the "Company") confirms that on June
17, 2007, Steve Parent, President, CEO and Dan Forbush, CFO will travel to
Europe to initiate the Company's European Investor relations program and will
have a series of meetings with financial industry representatives in Munich,
Frankfurt, Dusseldorf and Berlin. These meetings will involve: investment
bankers, broker-dealers, financial publications, independent financial
journalists, research analysts, investment advisors, fund managers, financial
communications channels and related organizations.
Following these meetings, we have been invited to be one of
the presenting companies at the Sachs Associates 2nd Annual European Investor
Metals and Mining Forum on June 22, 2007 at The London Stock Exchange. Our
Power Point Presentation will be featured on our website,
www.generalmetalscorporation.com after the London event. We present to an
invited audience of investment bankers, analysts, institutional investors and
select financial media. The Forum is also designed to facilitate one to one
meetings for presenting companies to provide maximum exposure for companies
seeking to expand an investor base in Europe. We also have meetings scheduled
in London where we are presenting an opportunity for European institutional
investors to participate in a $10,000,000 equity raise that will be done in
three stages over a one year period to fully develop the Independence mine and
other properties currently in confidentiality stage.
Company President and CEO, Steve Parent said: "We are
committed to enhancing our corporate visibility in Europe and to expanding our
corporate image to a broader investor community throughout the EU. We believe
that our recent Frankfurt Stock Exchange listing (Frankfurt:GMQ.F - News) and
IR initiatives will assure that our compelling story reaches a much larger
European Investor audience. Our upcoming 11:10 forward split that is proposed
for the record date of June 29, 2007, if ratified at our Annual and Special
General Meeting of the same date, will be available for all shareholders of record
as of that date. The record date for shareholder voting at the meeting was May
22, 2007." About General Metals Corporation, Inc.: General Metals is a
gold and silver mining Company that operates the Independence Mine in Battle
Mountain, NV and has recently acquired 150 sq. km. with a full prospecting
license for gold, diamonds and base metals in Ghana, West Africa. The
Independence mine is located as an island in Newmont Mining's world class
Phoenix mine (www.newmont.com), which is the largest producing gold mine in the
US. The Phoenix mine contains 8.5 million ounces of gold and 660 million pounds
of copper in reserves. The Independence mine is predominately a silver mine
that produced from 1938 through 1987. Historic production by the various operators
totaled 750,200 ounces silver and 11,029 ounces gold. The average recovered
grade of all recorded production was 0.17 oz. gold and 11.53 ounces of silver
per ton. Historical and recent geologist and engineering reports discuss an
estimated 235,000 ounces of gold and 2.5 million ounces of silver in the
Independence shallow target and from 818,000-2 million ounces of gold in the
Independence deep target.
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Earth Biofuels, Inc. (OTC BB: EBOF)
Earth Biofuels Outlines 2007 Growth Plan At the Crossroads of
Viable Biofuels Industry
June 14, 2007-- Members of the Earth Biofuels, Inc. Board of
Directors (OTCBB:EBOF - News) met to review operating results and expectations,
and then affirmed the Company's 2007 plan for sustainable growth. The
Board-approved plan presents, in management's opinion, an achievable path to
profitability for the Company and its U.S. focused biofuels and alternative
fuels businesses. "The biofuels industry and other alternative fuels are
absolutely essential to our nation's energy security and our ability to
maintain economic independence," said Dennis G. McLaughlin III, chairman
and CEO of Earth Biofuels. "The goal of energy independence won't be
achieved through use of a single technology, which is why Earth Biofuels has
created a diversified portfolio of alternative transportation fuels. With the
hard work of our initial development largely completed, Earth Biofuels is
poised to move into the next stage of commercial growth and sustained profitability."
"In this emerging market as we continue to refine our business objectives
and validate our core business values, the Board is pleased with Earth
Biofuels' progress," said Director Bill Luckett. "The Company's board
of directors has carefully reviewed our long-range strategic plan, which
contains several actionable elements that will be addressed in 2007. We believe
that successful execution of these elements will help define Earth Biofuels'
stature as a leading vertically integrated, diversified biofuels
producer." Highlights of 2007 Plan: CLEAN BURNING ALTERNATIVE FUELS
Continued profitability and future production increases for LNG division --
Earth LNG, also known as ALT LNG, is the largest producer of vehicle-grade LNG
in the Western U.S. The Company owns an 86,000 gallon per day LNG production
plant in Topock, Arizona and services several large fleet customers in
California. It is currently selling over 90% of production capacity. The plant
has shifted to index pricing and has ongoing capital improvements to increase
capacity and improve margins. The Company is also negotiating with select
vendors in an ongoing effort to reduce transportation costs which will also
contribute to increased efficiencies.
Continuous biodiesel production and secured customer
commitments -- The biodiesel plant located in Durant, Oklahoma has completed
its pilot phase and is now fully operational. It has a production capacity of
10 million gallons per year and a future capacity of 20 million gallons per
year. Since the beginning of 2007, Earth Biofuels has secured sales commitments
from several large fuel retail outlets for over 40% of current production
capacity (no assurances can be given that such sales commitments will be
realized).
Illinois plant development further expands biodiesel
availability -- In 2006, Earth Biofuels invested an equity interest in a
newly-formed company named Biodiesel Investment Group (BIG). BIG and Bunge
North America, Inc. ("Bunge"), one of the nation's leading
agribusiness firms, partnered to begin the construction of a biodiesel plant
with an annual capacity of 45 million gallons. The plant is located adjacent to
a major Bunge soybean crusher significantly reducing feedstock transportation
costs. Earth plans to market the new plant's biodiesel production under its
BioWillie premium biodiesel brand name.
Willie's Place at Carl's Corner soon to be flagship BioWillie
station -- Through local partnerships, the former Carl's Corner Truck Stop is
being rebuilt as "Willie's Place at Carl's Corner," in Hillsboro,
Texas. The location, just north of the I-35 split, to I-35W (Ft. Worth) and
I-35E (Dallas), has a long history serving truckers and visitors on I-35. It is
now in the finishing stages prior to the intended reopening this summer.
Expansion into ethanol through joint ventures and cutting-edge
cellulosic technology -- The Company is exploring opportunities in ethanol in
both acquisition and developing new technology. Revolution Biorefining, LP
("RBR"), a proposed Earth Biofuels partnership, would develop
cutting-edge proprietary technology in the pretreatment of biomass and its
conversion into cellulosic biofuels. White House advisor and Auburn University
professor, Dr. David Bransby, describes the Revolution Biorefining technology
as "years ahead of anything else" he is aware of in the industry.
David Bransby, cellulosic biofuels expert, was recently appointed to the Earth
Biofuels' Advisory Board and will focus efforts on this new technology.
Earth Biofuels Technology Company, LLC (EBTC) launches
biofuels' construction company -- Earth Biofuels formed a joint venture
partnership with Professor Miguel Dabdoub to create Earth Biofuels Technology
Company. As a world-renowned biodiesel authority and the holder of proprietary
technologies relating to the construction of biodiesel facilities, Dr. Dabdoub
is an expert in the efficiencies, output capacities, and quality control
measures relating to biodiesel production and processing. The company holds the
exclusive rights to Dr. Dabdoub's technologies throughout North America. The
Company will use EBTC to build plants for it and third parties.
About Earth Biofuels Earth Biofuels produces and distributes
biodiesel fuel through wholesale and retail outlets. The fuel is sold under
Willie Nelson's brand name, "BioWillie ." Earth Biofuels also
produces and markets liquefied natural gas (LNG). The Company is focused on
meeting the growing demand for alternative and renewable fuels in the domestic
market. The Company's Web site is www.earthbiofuels.com.
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