Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s June 3rd and we’ve found 3 great press releases from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.
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Now, onto our show notes for the day.
New Guinea Gold Pours 1,060 ozs of Gold in May 2008
(NGG:TSX-V)
- New Guinea Gold Corporation poured and sold 1,060 ozs of gold and 117 ozs of silver in May 2008 at the Sinivit Project in Papua New Guinea.
- At the end of May approximately 30,000 tonnes of ore at a grade of between 5 and 6g/t gold was leaching in Vats at Sinivit.
- NGG expects to have 50,000 tonnes leaching at the end of June 2008.
Quote from the CEO Bob McNeil
“May was our first significant month of gold production for Sinivit and all aspects of the project are on schedule to increase production in June to 1,500/2,000 ozs, and in July to 2,000/2,500 ozs. We expect to add approximately 20,000 tonnes of ore per month to the vats in each month in the future to reach our target production rate of 35,000 ounces annually.
Last 0.39
52 week high – low
0.63-0.335
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Thermal Energy Enters into Agreement with North Eastern US Paper Mill to Deliver Green Energy Supply Deal Valued Over $20 Million
TMG:TSX-V
– Entered into an agreement with a major North American integrated paper company for the development and delivery of a green energy supply program worth in excess of $20 million, using recovered waste heat at one of its facilities in the North Eastern United States.
– This proposed project, Thermal’s largest to date, would use multiple FLU-ACE(R) heat recovery systems to capture waste heat produced by the mill and incorporate it into operations to offset the use of fossil fuel. The mill would then purchase the recovered waste heat from Thermal Energy at a discount to current energy prices, resulting in over $40M in total fuel oil savings over the life of the eight-year contract term.
– Initial estimates show the project would reduce fuel oil consumption by 105,000 barrels per year with commensurate annual emission reductions of 55,000 tons of CO2, and 625 tons of SO(2) – equivalent to permanently removing more than 13,000 automobiles from the road.
Quote From President & CEO
“As the cost of fuel oil continues to rise north of $100 per barrel, Thermal Energy’s suite of solutions is even more compelling to industrial clients seeking to achieve operational cost savings and emission reductions,” said Tim Angus, Thermal Energy President and CEO
Last 0.295
52 Week High- low
$0.63-$0.19
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Dynamic Leisure Corp. Signs Wholesale Merchant Contract With InterContinental Hotels Group
Dynamic Leisure Corp. (OTC BB:DYLI.OB) 0.07 (0.03 – 0.95)
- it has entered into a wholesale merchant contract with InterContinental Hotels Group PLC (LSE:IHG.L) (NYSE:IHG), one of the world’s largest hotel groups by number of rooms, based in London, England.
- Under the terms of the agreement, Dynamic has the rights to market, sell and create travel packages inclusive of all brands within the InterContinental Hotels Group portfolio of hotels and resorts.
- The agreement with Dynamic includes seven brands: InterContinental® Hotels & Resorts, Crowned Plaza® Hotels & Resorts, Hotel Indigo®, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. IHG also manages the world’s largest hotel loyalty program, Priority Club® Rewards, with over 37 million members worldwide.
- Hotels and resorts operate in over 100 countries, and strengthen Dynamic’s servicing of key destinations, including Greater China, Japan, the United States, Canada, Saudi Arabia, Europe, and Mexico.
| - According to Mintel/Travel & Tourism Intelligence/ InterContinental Hotels Group analysis, branded hotels are growing at three times the rate of unbranded.
About Dynamic Leisure Corporation
Dynamic Leisure Corporation is a wholesaler and online international technology-based leisure travel packager. Using its dynamic packaging capabilities, the Company provides competitively priced worldwide vacation travel packages directly to the consumer, travel agencies and other travel resellers.
Dynamic Leisure Corp. (OTC BB:DYLI.OB) 0.07 (0.03 – 0.95)