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BrainStorm Cell Therapeutics Inc. (OTCBB:BCLI), a leading developer of adult stem cell technologies and therapeutics, announced today that the Company has been awarded a grant from Israel's prestigious Chief Scientist Office (CSO). The Company received the first installment of the grant in the amount of 594,544 Shekels (approximately $140,000). The grant was awarded to BrainStorm based on its leading and innovative system to treat Parkinson's disease using adult stem cells.
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Index Oil and Gas, Inc. (OTCBB:IXOG) today announced that drilling has begun on the Shadyside 1 well in the Shadyside Prospect located in St. Mary Parish, Louisiana. The spud took place on July 17, 2007.
Shadyside 1 is the second well that has spudded during Index's new fiscal year ending March 31, 2008. Prior to the signing of the Alligator Bayou agreement (announced on July 17, 2007), Shadyside was the largest prospect in the Company's planned higher impact drilling portfolio (described in its Operations Summary and Outlook announced on June 11, 2007). Index has a 15% working interest in the well and a 13.5% working interest after payout of the prospect.
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Terra Nostra Resources Corporation (OTCBB:TNRO), majority owner of two China joint venture companies in the strategic copper and stainless steel industries, announced that it has accepted subscriptions for a total of $4,000,000 US by way of private placement for 4,000,000 units of the Company's restricted common stock.
As the saying goes...follow the money!
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