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First Liberty Power Corp (OTCBB: FLPC) Announced last week the results from a radon survey conducted on the Company's 66 mineral lode claims, located in San Juan County, Utah (the "Uravan mineral claims").
Glyn R. Garner, President and CEO of First Liberty Power Corp., commented, "We are very encouraged by the results of this initial radon survey. Historical data shows ore produced at the nearby
Garner added, "The Subaru G4e concept car that utilizes a high-density vanadium-assisted lithium battery technology and the vanadium redox flow battery being developed by companies like Cellstrom, show that a mixed approach is the best exploration and acquisition strategy for a company like First Liberty, unlike so many companies in the sector that are focusing just on lithium, we are building a diversified portfolio of projects. I believe the clean energy revolution is underway and it will be powered by vanadium and lithium."
The Uravan mineral claims radon survey consisted of 101 readings with a minimum reading of 0.35 and a maximum reading of 27.75. The median reading was 6.75 with a midrange of 14.05. The preliminary radon survey data indicates an anomalous east-west radiometric trend. A detailed radon survey would further define drill targets and thereby delineate tonnage and grade within the Uravan Claim Block.
The radon survey uses a system that measures the radon by utilizing an ion chamber with an electrically charged Teflon, called an electret, located inside an electrically conducting plastic chamber of known air volume. The electrets serve as a source of high voltage needed for the chamber to operate as an ion chamber. It also serves as a sensor for the measurement of ionization in air. The ions produced inside the sensitive volume of the chamber are collected by the electrets causing a depletion of charge. The measurement of the depleted charge during the exposure period is a measure of integrated ionization during the measurement period. The electrets charge is read before and after the exposure using a specially built non-contact electret voltage reader.
What They Do: First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium and vanadium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for both lithium carbonate and vanadium that is projected to result from the adoption and use of clean renewable energy that will fuel demand for products that utilize lithium-ion batteries and vanadium redox batteries.
GeoVax Labs, Inc. (OTCBB: GOVX) $0.10. Announced Tuesday after market close that it has issued a letter to its shareholders and has added a question and answer section to its website.
In the letter, GeoVax Labs President and CEO Robert T. McNally, PhD, updates shareholders on the Company's continued efforts to increase shareholder value through its key initiatives and developments, which include: The Company continues to lead in the development of both preventative and therapeutic HIV/AIDS vaccines. Both uses of the vaccine have successfully completed preclinical efficacy testing in non-human primates.
GeoVax's preventative HIV vaccine candidate has completed Phase 1 clinical trials in humans, and is currently in a Phase 2a clinical trial being conducted and funded by the HIV Vaccine Trials Network (HVTN). Based on current patient enrollment rates, the Company expects this trial to be completed during 2011.GeoVax's therapeutic vaccine candidate has recently been allowed by the
The Company is also conducting preclinical research on the impact of adding adjuvants (immune system stimulants) to its vaccine components to investigate whether they can improve the effectiveness of its vaccine candidates.
Results of the stockholders meeting on April 13, 2010 to consider motions to amend the Company's Certificate of Incorporation to increase its authorized shares of common stock and to authorize its Board of Directors to consummate a reverse stock split of its common stock. Both motions were passed by overwhelming majorities. More than 85% of the Company's total outstanding shares were voted with approximately 91% of those voting "For" both proposals.
What They Do: GeoVax is a biotechnology company developing human vaccines for diseases caused by HIV (Human Immunodeficiency Virus -- that leads to AIDS) and other infectious agents.
Estate Coffee Holdings Corp. (OTCBB: ECHD) $0.72. Announced Tuesday after market close that they have entered into a global distribution agreement with Coffee Solutions Limited, (CSL) located in Kingston, Jamaica.
Coffee Solutions Limited will supply ECHD with competitively priced Jamaica Blue Mountain roasted coffee for sales and distribution. The two year renewable agreement is designed to assist CSL in marketing of trade names owned and controlled by CSL. ECHD agrees to collaborate with CSL to expand their brands on a global basis.
Basil Jones, owner of Coffee Solutions Limited, is a respected coffee cupper and roaster. Basil also provides consultant services in quality control to various coffee producers in the Jamaica Blue Mountain coffee growing region.
Errol Gillespie, who introduced Basil Jones to ECHD, stated, "I have known Basil for over ten years and his dedication to producing roasted coffee of the highest quality is a benefit that will enable Estate Coffee Holdings to market some of the finest Jamaica Blue Mountain coffee the island produces."
Estate Coffee Holdings Corp. also owns a 20 percent interest in DTS8 Holdings Company Ltd., a roaster and marketer world-wide of "DTS8 Premium Selection Coffee" located in Shanghai, China, through its wholly owned subsidiary, Estate Coffee Holdings Ltd.
What They Do: Estate Coffee Holdings' mission is to become a significant participant in the global coffee industry.
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