Scottsdale AZ 6/9/2008 6:35:00 PM
News / Finance

Hot Penny Stock Pick BCFT

Bancroft Reviews Potential Uranium Acquisitions in Southern Africa

Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), SpongeTech® Delivery Systems, Inc. (OTC BB:SPNG) , Austral Pacific Energy Ltd. (AMEX: AEN), ASM International (NASDAQ: ASMI), Omnicom Group Inc. (NYSE: OMC)

Featured Stock: Bancroft Uranium Inc (OTC BB: BCFT) Current Price (0.81) www.SmallCapStockAnalyst.com

Bancroft Reviews Potential Uranium Acquisitions in Southern Africa

 

Scottsdale AZ, June 9, 2008 -- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today announces that the Company is in the process of reviewing potential acquisition opportunities in Southern Africa.

 

Bancroft President Paul Leslie Hammond and the Company engineering team have just returned from a three week property evaluation trip to Africa, during which, Bancroft representatives were reviewing the potential for participation in a uranium development project in Namibia. In addition, the Company also reviewed the possibility of entering into other commodity projects in South Africa and Zimbabwe. These commodity projects are related to gold, platinum, manganese and coal.

 

Mr. Hammond stated that he was “extremely pleased with the quality and quantity of the opportunities presented to the Company in Southern Africa. The overall potential to acquire a large project at a reasonable cost is excellent. The uranium prospects in Namibia are exceptional and Namibia is forecast to be the world’s leading exporter of uranium by 2015.”

 

Bancroft will continue to update the public on these recent developments following the culmination of the current, ongoing negotiations with other parties.

 

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.

- - - - - - - - - - - - - - - - - -

P. L. Hammond, C.A.

President and Chief Executive Officer

 

To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at 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 : www.SmallCapStockAnalyst.com

SpongeTech® Delivery Systems, Inc.  ( (OTC BB:SPNG) Current Price (0.055) www.SmallCapStockAnalyst.com NEW YORK, June 6  SpongeTech® Delivery Systems, Inc. (OTC Bulletin Board: SPNG - News) is pleased to announce they are now giving away an additional 10,000 of their cutting-edge, biodegradable quick wash and wax sponges. The FREE give-away is part of SpongeTech®'s strategy to continue their national brand awareness and to 'Thank the Dads' out there. Each biodegradable sponge is designed with their cutting-edge technology and is good for up to 8 or more car washes.

Austral Pacific Energy Ltd. (AMEX: AEN), Current Price (0.499) www.SmallCapStockAnalyst.com WELLINGTON, New Zealand, June 5  -- Austral Pacific Energy Ltd. (TSX-V: APX; NZSX: APX; Amex: AEN) New Zealand-based exploration and production company, Austral Pacific Energy Ltd. has begun the process to de-list from the American Stock Exchange (AMEX).

ASM International (NASDAQ: ASMI), Current Price (29.04) www.SmallCapStockAnalyst.com
BILTHOVEN, The Netherlands - June 6, 2008 - ASM International (ASMI) announces that it has received an unsolicited indicative offer from Applied Materials, Inc. for its ALD (Atomic Layer Deposition) and PECVD (Plasma Enhanced Chemical Vapour Deposition) activities. For the purpose of this offer, which was communicated orally, Applied Materials has indicated an initial value of these activities in the range of USD 400 million to USD 500 million.

Omnicom Group Inc. (NYSE: OMC) Current Price (46.32) www.SmallCapStockAnalyst.com NEW YORK, June 6  -- Last evening, Ketchum, a leading global public relations agency, and its clients were honored with five Silver Anvil Awards and two Awards of Excellence at the annual Public Relations Society of America (PRSA) ceremony, which recognizes the best in strategic public relations planning and execution. Through the years, Ketchum has won a total of 107 Silver Anvil Awards -- more than any other public relations agency. Since the Silver Anvils were introduced in 1946, they have come to represent the highest standards of a complete public relations program encompassing research, planning, execution and evaluation.

SmallCapStockAnalyst.com - Penny Stocks Analyst Reports Smallcap Companies

Penny Stock analyst reports for smallcap companies traded on the Micro Cap Stock Exchanges can receive complete coverage from smallcapanalyst.com. Investor Relations for Penny Stock traded companies in the Small Cap Markets is critical to receiving coverage for Small Cap investors. Here at smallcapanalyst.com we provide that service. Penny Stock analyst reports are provided by smallcapanalyst.com where visitors can sign up for our penny stock analyst reports and be updated when we begin coverage on new small cap companies. Penny Stocks trade in the Small Cap Market where being informed is a critical component to making decisions. Penny Stock analyst reports is what smallcapanalyst.com covers and strives to keep you updated on companies looking to move ahead of the pack. Sign up today and stay informed allow smallcapanalyst.com to provide you with the latest analyst reports on pennystocks.

 

Smallcapstockanalyst.com is owned and operated by Iron Consulting Inc. Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), Smallcapstockanalyst.com is owned and operated by Iron Consulting. Iron Consulting www.ironconsultinginc.com has receive fifty thousand dollars from Equity Alliance Intl. for one month of internet marketing services, from Equity Alliance Int. LLC www.equityallianceir.com for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.