Orofino Gold Corp. (ORFG)
Gold is used in a wide range of niche technology-related applications, providing outstanding performance due to its unique combination of technical properties. For example, gold demonstrates excellent biocompatibility within the human body, resulting in a number of direct applications of gold as a medical material.
Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.
The unique properties of gold nanoparticles are leading to its use in a growing number of applications within this field. For example, gold is an active catalyst for many commercially important reactions. A catalyst is a substance or material that accelerates the rate of a chemical reaction without itself being consumed by the reaction. Catalysts are an essential component of many different industrial processes used to produce chemicals and foodstuffs. They also provide solutions to controlling emissions from industrial processes and vehicles.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold Corp. (ORFG) has begun opening various exploration adits and vertical shafts in the Culo Alzado mining area. These exploration shafts are within the same boundary area where geochemical anomalies were noted in the report by Robert P. Shaw, P.Geo, prepared in 1995 and recently released by Orofino, as well as the recently released technical report by Thomas H. Carpenter, P.Geo, prepared on behalf of Orofino Gold Corp.
The shafts are being developed along vertical veins roughly oriented on a northeast trajectory. They are in close proximity to nearby excavation projects artisanal miners have been successfully developing for more than 30 years. Initial work on these still-shallow areas has revealed vertical, mineralized veins of gold deposits. Early results from samples taken from the adits have shown in excess of 10 grams of gold per tonne in veins up to one metre in width and open at depth. These promising shallow-depth results indicate the potential for higher grades of mineralization at deeper depths along the same axis. Orofino expects to provide further information from these early-stage explorations as information becomes available.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
Cleantech Transit Inc. (CLNO)
Cleantech Transit, Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects.
Bioenergy is the conversion of biomass resources such as agricultural and forest residues, organic municipal waste and energy crops into useful energy carriers including heat, electricity and transport fuels. The usual route for producing electricity from biomass has two stages.
Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide.
The biomass, in some cases together with coal (co-firing), is first converted to heat, which is then used for the generation of electricity (or combined heat and power) using technology originally developed for conventional power production. A more modern approach, still being researched, involves the use of fuel cells. The biomass is converted to hydrogen, biogas or methanol, which is then fed to suitable fuel cells, creating heat and electricity.
Cleantech Transit Inc. recently announced that it has successfully signed a term sheet with Phoenix Energy (www.phoenixenergy.net), a manufacturer and distributor of biomass-generated power plants.
Under the terms of the agreement, Cleantech has an option to acquire a 25% interest into Phoenix Energy’s asset base, which includes a fully constructed, one-half megawatt (500 kilowatt) biomass energy project located in California. Phoenix Energy has developed an eco-friendly system that converts 100% recyclable agricultural and wood waste (biomass) into cleaner burning energy (heat, electricity) and other salable byproducts.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Rollins Inc. (NYSE:ROL) announced that the company will participate in the Knight and Houlihan LoKey Investor Forum: Re-emerging Opportunities, to be held, Monday May 9, 2011 at the W Hotel New York in New York, New York. Harry Cynkus, Senior Vice President, Chief Financial Officer and Treasurer will make a presentation on Monday, May 9, 2011 at 8:30 a.m. EDT. The presentation will provide a corporate overview, highlight the services Rollins provides and discuss the most recent published financial results. A copy of this presentation will be available on our web site at www.rollins.com on the date of the event.
Rollins, Inc., through its subsidiaries, provides pest and termite control services in North America. It offers pest control services, and protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
BankUnited, Inc. (NYSE:BKU) announced financial results for the first quarter of 2011. For the quarter ended March 31, 2011, after deducting a previously disclosed one-time charge of $110.4 million recorded in conjunction with the Company’s initial public offering (IPO), the Company reported a net loss of $67.7 million or $0.72 per share. The $110.4 million charge, which is not deductible for tax purposes, reduced net income by $110.4 million, or $1.17 per share. For the quarter ended March 31, 2010, net income was $60.7 million, or $0.65 per share. All earnings per share amounts reflect the 10-for-1 split of the Company’s outstanding common shares effective January 10, 2011.
BankUnited, Inc. operates as the holding company for BankUnited and BankUnited Investment Services, Inc. that provides various financial products and services to commercial and consumer customers in the United States.
Comfort Systems USA Inc. (NYSE:FIX) a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (”HVAC”) services, announced that its board of directors declared a quarterly dividend of $0.05 per share on Comfort Systems USA, Inc. common stock. The dividend is payable on June 17, 2011 to shareholders of record at the close of business on May 27, 2011.
Comfort Systems USA provides installation, maintenance, repair, and replacement services for heating, ventilation, and air conditioning (HVAC) systems in the mechanical services industry in the United States.
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