Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), Victory Energy Corporation (OTCBB: VYEY), Modavox, Inc. (OTCBB: MDVX), Santa Fe Gold Corp (OTC BB:SFEG), Commerce Planet, Inc. (OTCBB:CPNE)
Featured Stock: Bancroft Uranium Inc
(OTC BB: BCFT)
Current Price (0.90)
http://www.smallcapstockanalyst.com/
Bancroft Uranium Embraces Environmental Principals
Scottsdale AZ, June 2, 2008 ---- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today wishes to advise the public as to the Company’s strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.
Bancroft believes that the production of emissions-free electricity via nuclear power generation is the only form of energy for the future that can have a significant, beneficial near-term impact on reducing fossil fuel dependence thus decreasing carbon emissions and as a result, having a positive affect on climate change.
Going forward, in the event of a production decision, Bancroft would be subject to and would need to comply with substantive environmental regulations. In Canada, the Canadian Nuclear Safety Commission is the national regulatory body as well as other stringent Federal and Provincial regulations such as those that come under the Canadian Environmental Protection Act, The Fisheries Act, The Environmental Management and Protection Act, The Clean Air Regulations and The Mineral Industry Environmental Protection Regulations, just to mention a few.
Additionally, in direct response to past practices, mining law now requires mine operators to reclaim land disturbed by mining. Bancroft will be required to incorporate reclamation and decommissioning plans as part of the Environmental Impact Study that will form part of Bancroft’s application for a mining license. The Company will also be required to post a bond to guarantee reclamation of all public and private lands.
With respect to safety of our workers, Bancroft requires all employees at the Monmouth project site to wear dosimeters which are regularly monitored. Routine monitoring of air, dust and surface conditions will also be instituted. If the Monmouth Project goes into production it will be utilizing a gravity separation milling process which utilizes a closed water system which would be recycled, reused and thoroughly cleaned. Metallurgy has shown that 91.4% of the U3O8 can be removed by a first pass, simple gravity circuit. No hazardous chemicals are envisioned to be used in this process.
The Company also intends to apply for I.S.O. certification in accordance with the I.S.O. 14001 standard for environmental management systems. In short, Bancroft is convinced that it can conduct mining operations in a completely safe and sustainable manner on an ongoing basis that will meet standard environmental protection practices.
For inquiries from the public and media concerning the Monmouth Uranium Project please contact Greenspirit Strategies at 1-877-54 GREEN or 1-877-544-7336. For shareholder and investor information please contact investor relations at 1-866-860-2995
ABOUT BANCROFT URANIUM INC. (OTCBB: BCFT)
Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft’s initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our uranium properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Bancroft Uranium Inc.
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P. L. Hammond, C.A.
President and Chief Executive Officer
To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at http://www.bancrofturanium.com/.
Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995
Source: Bancroft Uranium Inc.
For an in-depth analyst report, please visit: http://www.smallcapstockanalyst.com/
Victory Energy Corporation
(OTCBB: VYEY)
Current Price (0.08)
www.SmallCapStockAnalyst.com
CARSON CITY, NV----May 29, 2008 -- Victory Energy Corporation (OTC BB:VYEY.OB - News) announced today receipt of its fourth revenue payment from natural gas sales related to wells producing in Victory's Canyon Sandstone Gas play, located in the Texas Permian Basin. Victory Energy Corporation focuses on the oil and gas industry. It engages in the acquisition and development of oil and gas properties in the United States and Canada. The company primarily owns the Northeast Glasgow Prospect located in Williston Basin Valley County, Montana, which consists of approximately 2,000 acres; and holds interest in the Skedee Prospect in Pawnee County, Oklahoma. Victory Energy also holds prospects in Kansas, as well as owns joint venture interests in 7,000 acres in Pawnee County, Oklahoma. The company was founded in 1982 under the name All Things, Inc. and changed its name to New Environmental Technologies Corporation in 1985. Further, it changed its name to Victory Capital Holdings Corporation in 2003 and to Victory Energy Corporation in May 2006. The company is based in Ladera Ranch, California.
Modavox, Inc.
(OTCBB: MDVX)
Current Price (1.70)
www.SmallCapStockAnalyst.com
PHOENIX--May 29--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that it will present at the RedChip Small-Cap Conference. The conference is being held at The Palace Hotel in San Francisco, California June 4 & 5. Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
Santa Fe Gold Corp
(OTC BB:SFEG)
Current Price (0.76)
www.SmallCapStockAnalyst.com
ALBUQUERQUE, N.M.-May 29--Santa Fe Gold Corp (OTCBB:SFEG - News), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today reported progress on construction of its Summit Silver-Gold Mine, New Mexico. In February 2008, the company announced it was proceeding with mine and mill construction, following the completion in December 2007 of $13.5 million of required financing. Santa Fe Gold Corp (OTCBB:SFEG - News) is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. The company owns the Summit silver-gold property and a mill site and processing equipment in southwestern New Mexico; mineral lease rights to the Ortiz gold property in north-central New Mexico, believed to contain two million ounces of gold; the Black Canyon mica mine and processing facility near Phoenix, Arizona; and a large resource of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals. To learn more about the company, visit http://www.santafegoldcorp.com/.
Commerce Planet, Inc.
(OTCBB:CPNE)
Current Price (0.06)
www.SmallCapStockAnalyst.com
OLETA, Calif.--May 29--Commerce Planet, Inc. (OTCBB: CPNE - News), announced today that it has postponed its investor conference call to provide an update on the Company’s financial position and operations that was originally scheduled for May 30, 2008 at 5:30 a.m. Pacific. The conference call will be rescheduled as soon as practicable. Commerce Planet, Inc. is an internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc. In combination these services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services. To find out more about Commerce Planet, Inc. visit our website at www.commerceplanet.com.
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