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Uranium Hunter Corporation (OTCBB: URHN) Up 6.67% on Friday
Detailed quote: http://beaconequityresearch.com/URHN
December 07, 2007 - Uranium Hunter Awaits Release of Uganda Aerial Identification Survey
Uranium Hunter Corporation (OTCBB: URHN) ("Uranium Hunter" or the "Company") is pleased to announce that the Government of Uganda has now confirmed the release of the initial round of data gathered by a country wide aerial survey of Uganda's geological resources. The data is to be made public on the 13th of December, 2007.
Uranium Hunter is positioned well to acquire further prospective projects for the company's property portfolio. NPK Resources, Uranium Hunter's joint venture partner in Uganda, has over 30 years of cumulative Uganda specific geological experience, and is ready to move forward as soon as the data interpretation is complete.
The aerial survey project is funded by the World Bank, the African Development Bank, the Government of Uganda, and the Nordic Development Fund, and is focused on mapping Uganda's natural mineral wealth. The survey will cover over 600,000 line kilometers and have used magnetic horizontal radiometric and gamma-ray spectrometric readings taken from fixed wing aircraft. Approximately 50% of the flying is now complete, with the balance to be completed over the next 6 months.
Uranium Hunter President Adam Cegielski commented, "The ongoing aerial survey represents a new era in mineral exploration for Uganda as a whole. This up to date survey is now opening the door for various exploration companies to move forward on a wide range of projects in the country. Uranium Hunter has been positioned in Uganda from an early stage in this process, and is looking forward to leading the way in exploration in Uganda."
Kodiak Energy, Inc. (OTCBB: KDKN) Up 4.82% on Friday
Detailed quote: http://beaconequityresearch.com/KDKN
December 07, 2007 - Kodiak Energy, Inc. Will Commence Drilling Program on Its Lucy Property
Kodiak Energy, Inc. (OTCBB: KDKN) ("Kodiak" or the "Corporation") is pleased to announce commencement of a drilling program for its project known as Lucy Property located in NE British Columbia
Kodiak has given "Independent Operations Notice" to its partners for the Lucy Property. Kodiak has concluded negotiations for the new partnership levels of the Lucy Project resulting in, Kodiak being the operator of the drilling project and having a working interest of 67.5% - an increase from the 7.5% original working interest. After an internal geophysical review based on additional seismic that was acquired, Kodiak is currently licensing a drill location. A drilling rig has been contracted, the site surveyed and the expected spud date is December 20, 2007. An abridged independent engineering report - which will be posted on our web site and filed on SEDAR and EDGAR - estimates "prospective resource" at a low of 3.2 bcf to a high of 15.3 bcf and a best estimate of 7.67 bcf of marketable gas. The estimated drilling costs are $2.4 million - gross. Upon realization of successful drilling results, management believes that the well can be tied in and generating cash flow by end of Q2 2008.
First Responder Products, Inc. (OTCBB: FRPD) Up 2.56% on Friday
Detailed quote: http://beaconequityresearch.com/FRPD
December 07, 2007 - First Responder Products, Inc. Announces Sales and Contract Awards for Fourth Quarter 2007; Cumulative Increase of Over 500% From Previous Quarter
First Responder Products, Inc. (OTCBB: FRPD), a premier distributor of specialized products for public safety, homeland security and military applications, today announced sales and contract awards for the fourth quarter ending October 31, 2007. Based upon preliminary, unaudited results, sales and government competitive bid awards are estimated in excess of $325,000 for the quarter, a cumulative increase of over 500% as compared to total sales and awards in the previous quarter.
"The significant increase is due primarily to our success in competitive bidding for government contracts, as well as an increase in our Internet sales," said Richard Reincke, CFO of First Responder Products, Inc. "The company continues to acquire new product lines and expanded its warehouse and shipping facilities in July and again in September 2007."
Preparing for recurring disasters like hurricanes, floods and earthquakes is a high priority for emergency response agencies, and local communities, nationwide. Recent research from the Homeland Security Research Corporation predicts that the cumulative homeland security and homeland defense market will total more than $400 billion from 2006 to 2010.
Omninet Media.com, Inc. (OTC: ONMC) Up 9.84% on Friday
Detailed quote: http://beaconequityresearch.com/ONMC
December 07, 2007 - OMNINET MEDIA.COM, Soon to Be AQUAGOLD International, Inc., Issues Update on China Operations
OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today announced the FHC 2007 China Show was a huge success for the company, resulting in many new orders and inquiries. AQUAGOLD is busy filling the demand derived from this trade show and the first shipments of AQUAGOLD premium Canadian spring water have arrived in China to begin filling this demand.
Mr. Manuel Da Silva, President & CEO of AQUAGOLD International, Inc., commented: "This is an exciting time for AQUAGOLD and its shareholders. The trade show went better than we could have hoped for and we are very excited about the huge potential for AQUAGOLD in China. This is yet another step ahead for us in our plans to make AQUAGOLD the #1 premium Canadian spring water in China."
Mr. Da Silva continued, "Within the next 10 days we expect to have the merger finalized and immediately file for the corporate name and symbol change, as well as the details of the contracts we are currently filling immediately thereafter. This is an exciting time for our company and I look forward to keeping our shareholders updated as events unfold."
Alternate Energy Holdings, Inc. (OTC: AEHI) Up 8.70% on Friday
Detailed quote: http://beaconequityresearch.com/AEHI
December 06, 2007 - AEHI Receives $150 Million Private Placement Commitment Letter for Idaho Nuclear Reactor Project
Alternate Energy Holdings, Inc. (PINKSHEETS: AEHI), a holding company for the Idaho Energy Complex Corporation, announced its December 5, 2007 receipt of a $150 million commitment letter from Silverleaf Capital Partners, LLC, Salt Lake, Utah. The letter is in reference to AEHI's Reactor Land Development LLC private placement memorandum for the Idaho Energy Complex's Unit 1 reactor, and closing is expected by year's end. AEHI will allocate these funds for the purchase of the nuclear plant site, large forgings, and the engineering and environmental work necessary to obtain Nuclear Regulatory Commission (NRC) approval for the construction and operation of the new nuclear plant. CEO Don Gillispie comments, "This provides the initial funding to launch an important project for Idaho and western energy needs. We are now able to accept large equity investors wanting to become minority owners in the west's only large, base-load power plant."