Douglas Lake Minerals (OTCBB:DLKM) is pleased to announce that it has filed a Canadian National Instrument 43-101 Standards for Disclosure of Mineral Projects (”NI 43-101) Technical Report (the “Technical Report”) for its Handeni Project. Douglas Lake’s 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 square kilometers in the newly developing goldfields of Eastern Tanzania. Douglas Lake filed the Technical Report with the British Columbia Securities Commission via the System for Electronic Document Analysis and Retrieval (SEDAR).
The Technical Report was prepared by Dr. Reyno Scheepers, Ph.D., Pr.Sci.Nat., a South African based consulting geologist and a director of the Company who fulfills the requirements to be a ‘Qualified Person’ for the purposes of NI 43-101.
The Technical Report details the results of exploration activities conducted by IPP Resources, the previous holding company of the area. Extensive geophysical and geologic work was conducted over several field seasons from 2008. The work included prospecting, rock and soil sampling, and a ground magnetic survey. All geochemical analytical work was conducted by internationally accredited labs, SGS Laboratories and/or Humac Laboratories in Mwanza, Tanzania.
The exploration also included a fixed-wing aeromagnetic and radiometric survey. The survey and interpretation was conducted according to internationally accepted standards by the Council for Geoscience, South Africa. The Technical Report identified and selected a total of 12 priority gold targets which are recommended for follow up work.
“The scale of work covered by the Technical Report has significantly advanced Douglas Lake’s Handeni Project,” Harp Sangha, Chief Executive Officer comments, “We now have a number of very exciting gold targets which we are a priority for us to follow up with further exploration in 2011.”
Douglas Lake is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania.
GreenHouse Holdings, Inc. (OTCQB:GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products, has entered into a strategic partnership with ImageWare Systems, Inc. to provide sustainability and security products and services to government, military and law enforcement agencies, domestically and internationally.
GreenHouse’s 1-Link� service will now be part of the ImageWare Law Enforcement solution package that is being offered to over 20,000 law enforcement agencies in the United States. In turn, GreenHouse agreed to provide opportunities for IWS within the military and government markets for ImageWare biometric identity management solutions which will be included in the 1-Link platform along with other GreenHouse-offered products and services.
1-Link�, in use today at the Center for Disease Control and Prevention (CDC) and the Commonwealth of Puerto Rico, integrates existing systems and provides enterprise-wide real-time access to data, voice, video, maps, incidents, management reports and resource information using existing infrastructure such as personal computers and mobile devices over TCP/IP, cellular and radio networks. 1-Link� can integrate a single agency from the director to the field and can integrate multiple agencies. Each agency selects the information that agency will share securely within and across partner agencies. 1-Link�is a scalable, modular, multi-lingual integrated platform for multiple agencies including healthcare systems, harbors, airports, police, fire, emergency medical services, emergency management agencies, education and other public and private agencies.
ImageWare’s identification products are used to manage and issue secure credentials including national IDs, passports, driver licenses, smart cards and access control credentials. ImageWare’s digital booking products provide law enforcement with integrated mug shot, fingerprint Livescan and investigative capabilities.
GreenHouse Holdings, Inc. is a leading provider of energy efficiency solutions and sustainable infrastructure products. The Company designs, engineers and installs disparate products and technologies that produce persistent technical and financial results, by enabling clients to monitor and control their energy costs in the most efficient manner possible. Its target markets for energy efficiency solutions include residential, commercial and industrial, as well as government and military markets.
Agilysys Inc. (Nasdaq:AGYS) announced that Royal Caribbean Cruises Ltd. in Miami has again selected the InfoGenesis� POS system by Agilysys. The solution will be deployed on an additional seven Royal Caribbean ships Allure of the Seas, Explorer of the Seas, Voyager of the Seas, Azamara Journey, Celebrity Infinity, Celebrity Millennium and Celebrity Summit. This brings the total to 30 vessels that use Agilysys software solutions.
Agilysys, Inc., together with its subsidiaries, provides information technology (IT) solutions to corporate and public-sector customers primarily in North America. The company operates in three segments: Hospitality Solutions Group (HSG), Retail Solutions Group (RSG), and Technology Solutions Group (TSG).
PostRock Energy Corporation (Nasdaq:PSTR) announced that it has entered into a definitive agreement with Magnum Hunter Resources Corporation to sell certain assets in Wetzel and Lewis Counties, West Virginia for aggregate consideration of $39.75 million. The consideration for the sale will consist of 50% cash and 50% MHR common stock. PostRock will use the sale proceeds to repay debt secured by the subject assets.
PostRock Energy Corporation, an integrated independent energy company, engages in the acquisition, exploration, development, production, and transportation of oil and natural gas in the United States. It operates in two segments, Oil and Gas Production, and Natural Gas Pipelines.
Crimson Exploration Inc. (Nasdaq:CXPO) announced that it has entered into a new Second Lien Credit Agreement providing for a five-year second lien term loan in the principal amount of $175 million. Proceeds from the new term loan were used to retire all $150 million principal amount of its existing second lien term loan at par plus accrued interest, to pay off a $2.0 million subordinated promissory note, to pay related fees and expenses, and to use the remainder to substantially reduce borrowings outstanding under Crimson�s first lien revolving bank credit facility.
Crimson Exploration Inc. engages in the acquisition, exploitation, exploration, and development of natural gas and crude oil properties primarily in East Texas, Southeast Texas, South Texas, Colorado, Mississippi, and Southwest Louisiana.
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