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. 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 could benefit the Company’s manufacturing clients worldwide.
Biomass is a renewable, low carbon fuel that is already widely available throughout the UK. Its production and use also brings additional environmental and social benefits. Correctly managed, biomass is a sustainable fuel that can deliver a significant reduction in net carbon emissions when compared with fossil fuels.
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Abbott Laboratories (NYSE:ABT) announced that the first patient in Japan has been treated with the ABSORB� bioresorbable vascular scaffold (BVS) as part of the ABSORB EXTEND clinical trial. Abbott’s BVS restores blood flow by opening a clogged vessel and providing support to the vessel until the device dissolves within approximately two years, leaving patients with a treated vessel free of a permanent metallic implant.
Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide.
IHS Inc. (NYSE:HIS), the leading global source of information and analysis, announced it has completed the closing of its acquisition of Seismic Micro-Technology (SMT), a market leader for geoscience software. The acquisition closed for $500 million in cash and is the largest acquisition in IHS history.
IHS Inc. provides critical information and insight products and services.
Claude Resources, Inc. (AMEX:CGR) is pleased to announce positive metallurgical and engineering results from testwork at the 15,400 hectare Amisk Gold Project in northeastern Saskatchewan, Canada. The Amisk Gold Project is located 20 kilometres southwest of Flin Flon, Manitoba and is a 65:35 Joint Venture between Claude and St. Eugene Mining Corporation; Claude is the operator of the Joint Venture.
Claude Resources Inc. engages in the acquisition, exploration, and development of precious metal properties, as well as production and marketing of minerals in Canada.