Del Mar, CA – Stocksource reports on news makers and breakouts for Monday 19th.
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Big Bear Mining Corp. (OTC:BGBR)
Big Bear Mining Corp. (Big Bear) is an exploration-stage company. The Company is engaged in the acquisition and exploration of mining properties, which includes gold, silver and/or copper. The Company has 100% undivided right, title and interest in and one mineral claim comprising 500 hectares. The Claim is located 145 kilometers west of Prince George, British Columbia, Canada. Holy Cross Property mineral claim comprises 500 hectares. In March 2010, the Company incorporated a wholly owned gold exploration subsidiary, Golden Bear Mining Corp.
-Big Bear Mining (OTC Bulletin Board: BGBR) is pleased to announce that they have entered into an agreement for 100% interest in 3 claims in the Birch/Uchi portion of the Red Lake Mining Division. This group is located in Goodall Township and comprises 3 claims for a total of 96 acres. These claims are within the Washagomis Lake shear zone which is part of the Swain Lake fault and host multiple high grade quartz veins that assay as high as 5.14 oz/ton gold. Diamond drilling intersected isolated gold values ranging between 140 and 260 ppb Au. (refer to Ontario Geological Survey Open File Report 5835)
Mr. Steve Rix, President of Big Bear Mining Corp. stated, "At Big Bear we recognize that a diversified approach to our exploration is critical to ensuring our mission of identifying near term producing properties. We will continue to cooperate with well seasoned and proven veterans of the industry to demonstrate to our shareholders our commitment to success."
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American Capital Ltd. (NASDAQ:ACAS)
American Capital, Ltd. (American Capital) is an equity firm and a global asset manager. The Company invests in private equity, private debt, private real estate investments, early and late-stage technology investments, special situation investments, alternative asset funds managed by the Company and structured finance investments
American Capital, Ltd. (Nasdaq: ACAS) (the "Company") announced today the pricing of a $295 million registered direct offering of common stock to a group of institutional investors. The Company has entered into subscription agreements with the investors to sell an aggregate 58.3 million shares of American Capital's common stock, including 43.725 million shares to funds and accounts managed by Paulson & Co. Inc., at $5.06 per share. The offering is expected to close on Thursday, April 22, 2010, subject to the satisfaction of customary closing conditions.
The offering will be made under American Capital's existing shelf registration statement, previously filed with and declared effective by the Securities and Exchange Commission. American Capital expects to use substantially all of the net proceeds of approximately $295 million for general corporate purposes, including for the Company's investment and lending activities and to repay indebtedness owed under its existing unsecured debt obligations
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ImmunoGen Inc. (NASDAQ:IMGN)
ImmunoGen, Inc. is focused on the development of antibody-based anticancer therapeutics. It develops, targeted therapeutics for the treatment of cancer using cancer biology, monoclonal antibodies, highly-potent cytotoxic (cell-killing), agents, and the design of linkers that enable these agents to be stably attached to the antibodies while in the blood stream and released in their fully active form after delivery to a cancer cell
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Cyclacel Pharmaceuticals Inc. (NASDAQ:CYCC)
Cyclacel Pharmaceuticals, Inc. (Cyclacel) is a development-stage biopharmaceutical company engaged in the discovery, development and commercialization of mechanism-targeted drugs to treat human cancers and other serious disorders. The Company markets, directly in the United States, Xclair Cream for radiation dermatitis, and Numoisyn Liquid and Numoisyn Lozenges for xerostomia through its wholly owned subsidiary, ALIGN Pharmaceuticals, LLC (ALIGN).
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