Del Mar 4/28/2010 7:17:55 PM
Stocksource.us brings you all the April 28 OTCBB News
GC China Turbine Corp. (OTCBB: GCHT), Bonanza Oil & Gas, Inc.(OTCBB: BGOI), Brazil Gold Corp. (OTCBB: BRZG), Brinx Resources Ltd. (OTCBB: BNXR), Bioject Medical Technologies Inc. (OTCBB: BJCT)
GC China Turbine Corp. (OTCBB: GCHT)
NEW YORK, NY -- 04/27/10 -- GC China Turbine Corp. (OTCBB: GCHT) (the "Company" or "GC China"), a leading Chinese manufacturer of twin blade wind turbines, is pleased to announce that it has so far delivered a total of twenty 1.0MW Utility-Class Wind Turbines out of an initial order of fifty turbines to phase one of the Yongmao wind farm project at Taonan, Baicheng, Jilin Province, on behalf of Guoneng Fengshen (Beijing) New Energy Technology Co., Ltd ("Guoneng Fengshen"). The sales contract calls for the entire order of fifty turbines to complete delivery, installation and grid connection this year.
In accordance with agreements between both parties, GC China will assist Guoneng Fengshen in the overall development of its 200MW wind farm in Taonan. Based on this agreement, Guoneng Fengshen has further pledged that the entire 200MW wind farm would purchase and use wind turbines produced by GC China. As a result, should the project be completed and all orders met, the anticipated order of 200 units of 1.0MW 2-blade wind turbines is projected to result in sales to GC China in excess of US$146 million (1 billion RMB).
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Bonanza Oil & Gas, Inc.(OTCBB: BGOI)
HOUSTON, TX -- 04/27/10 -- Bonanza Oil & Gas, Inc., a Nevada Corporation (OTCBB: BGOI) (the "Company"), an independent oil and gas development company, has completed the purchase of a 10% interest in a producing well and additional acreage in Logan County, Oklahoma.
The Company has concluded the purchase of an interest in a producing well and associated acreage in Logan County, Oklahoma.
Bill Wiseman, CEO of the Company, stated, "The Company is very pleased with this acquisition, and remains committed to the strategy of buying current oil and gas production, which provides potential for future growth while providing additional current cash flow."
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Brazil Gold Corp. (OTCBB: BRZG)
BELLEVUE, WASHINGTON -- 04/27/10 -- Brazil Gold Corp. ("Brazil Gold" or the "Company") (OTCBB: BRZG), is pleased to announce that Amazonia Capital e Participacoes Ltda ("Amazonia" or "ACP") has engaged the services of an Exploration Manager and is mobilizing a geological team on ACP's 2.1 million-acre mineral properties under agreement with the Company in the gold-rich western Amazon basin region of Brazil.
ACP has engaged the services of professional geologist David F. Reid, MSc, MBA, P.Geo as their Exploration Manager - Brazil. Mr. Reid brings to the organization 35 years of technical and managerial exploration experience in the Americas, and globally in the search for and development of base and precious metals, diamonds and uranium. Mr. Reid graduated from Michigan Technological University (BSc Geology), the University of Minnesota-Duluth (MSc Geology) and Denver University (MBA). He is a member of the Association of Professional Engineers and Geophysicists of British Columbia, Canada and is a Qualified Person. He resides in Washington State and is associated with Discovery Consultants Ltd. of Vernon, BC.
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Brinx Resources Ltd. (OTCBB: BNXR)
ALBUQUERQUE, NM -- 04/27/10 -- Brinx Resources Ltd. (OTCBB: BNXR) is pleased to report that the Company has completed drilling and run production casing at the OK#5-1 well, making it their seventh consecutive successful well at the Oklahoma Projects drill programs.
The OK#5-1 was a one well exploration drill program targeting hydrocarbon bearing sands similar to that encountered at the Company's earlier successful wells, but located approximately fifteen miles to the northeast. Initial electric and radiation logs indicated that the well had encountered multiple pay zones and the decision was made to directly run production casing.
To date, Brinx and its partners have drilled seven consecutive successful wells at the Oklahoma Projects drill programs, including three of which that are currently producing and selling oil and gas at a combined stabilized rate of over 550 barrels of oil per day with approximately 200 thousand cubic feet of natural gas. A third well that tested at over one million cubic feet of natural gas per day along with 20 barrels of oil is awaiting a pipeline to be completed later this month before production and selling. The four remaining wells, including the OK#5-1, will be completed and begin production over the next several weeks.
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Bioject Medical Technologies Inc. (OTCBB: BJCT)
PORTLAND, Ore--April 28-- Bioject Medical Technologies Inc. (OTCBB: BJCT), a leading developer of needle-free injection therapy systems (NFITS), today announced that the US Military Malaria Vaccine Program presented results of its study using the Biojector(R)2000 with a recombinant DNA vaccine at two recent conferences. A Cooperative Research and Development Agreement was signed with the Navy in April 2009 to work together on the study. On April 12, 2010, the results were presented at the Keystone Conference in Colorado and on April 26, 2010, the results were presented at the 13th Annual Conference on Vaccine Research sponsored by the National Foundation for Infectious Diseases and held in Bethesda, Maryland.
Malaria is a disease which can be transmitted to people of all ages. It is caused by parasites of the genus Plasmodium that are spread from person to person through the bites of infected mosquitoes. If not treated promptly with effective medicines, malaria can often be fatal. About 3.3 billion people - half of the world's population - are at risk of malaria. Every year, this leads to about 250 million cases of malaria and nearly one million deaths from the disease. People living in the poorest countries are the most vulnerable.
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