American Video Teleconferencing Corp. (AVOT.PK)

American Video Teleconferencing Corp. (Pink Sheets:AVOT), announced recently that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties the company has under consideration in the province of Quebec.

China has been one of the main supplier to the US of the Earth’s rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.

In the wake of China’s decision America now must look for other sources, that will be more reliable for our future needs, and American Video Teleconferencing Corp. (AVOT.PK) may just be the new source, here’s why.

American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. It is currently looking for these Rare Earths Minerals in Canada, the US’s Northern neighbor.

Video Teleconferencing is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. Video Teleconferencing is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
The company is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.

Spectral Capital Corporation, (FCCN) is pleased to announce details and progress regarding its planned $167,500,000 financing through the Export-Import Bank of the United States.

‘The Export-Import Bank (’Ex-Im Bank’) is the Official Export Credit Agency of the United States Government. We have been impressed with the way that Ex-Im Bank has assisted US Companies, like Spectral, to develop substantial, capital intensive projects throughout the world. Today, we received the Letter of Interest from the Ex-Im Bank indicating their interest in providing direct loans or loan guarantees totaling $167,500,000 USD toward the development of our Gold and Mineral Property in the Chita Region of Russia, subject to the completion of a satisfactory evaluation by Ex-Im Bank regarding all of the outstanding issues necessary to complete a financing like this one.’ Announced Jenifer Osterwalder, CEO of Spectral. ‘Although we believe that more than $200,000,000 USD will be required to fully develop the project, a loan or guarantee from Ex-Im Bank of $167,500,000 will go a long way toward providing the financing that we need to fully exploit the Chita Property.’

Spectral plans to raise a total of more than $200,000,000 during the first 36 months of development of its Chita Property and has made a minimum commitment of $35,000,000 within the first 24 months.

‘A letter like this is not a binding financing commitment and such a commitment cannot be issued until full and final approval of Spectral’s loan application through the entire body of due diligence issues is conducted by Ex-Im Bank. We are working very hard to complete the Final Commitment process and have made the due diligence and completion of the required Final Commitment process our number one current management priority. We feel very confident that we will secure a Final Commitment and very excited about working with Ex-Im Bank.’ Continued CEO Jenifer Osterwalder.

About Spectral:

Spectral Capital is focused on the acquisition of a significant portfolio of properties for mining activities. In September 2010, the Company purchased an interest in mineral properties in the Chita region of the Russian Federation. The Kadara and Kaltagay license is located in the Mogochinsky district of the Chita Region, which has several gold mines in production, in the Russian Federation. Spectral owns 47% of the License for prospecting, exploration and production of gold and all other metals. The length of the License runs to 31 August 2031. The size of the License is 186 square kilometers or 18,200 hectares. Development and exploration activities are currently being undertaken.

Nordion Inc. (NYSE:NDZ) announced it has signed a share purchase agreement (SPA) with Best Medical Belgium (Best Medical) for the divestiture of the Company’s Belgian operations, MDS Nordion S.A. Pursuant to the SPA, Best Medical will acquire all of Nordion’s Belgian operations with the exception of the TheraSphere® business. Due to the losses incurred in the Belgian operations, Nordion made a decision in fiscal 2010 to restructure or exit this business.
Nordion Inc., a health science company, provides products and services used for the prevention, diagnosis, and treatment of diseases.

Omega Protein Corp.(NYSE:OME) announced that it expects to release financial results for the fiscal year ended December 31, 2010, on Thursday, March 3, 2011, after the market close. Senior management will hold a conference call to review the Company’s financial results for this period and provide an update on Company developments at 8:00 a.m., Central Standard Time, on Friday, March 4, 2011.Callers who wishes to participate in the live conference call may do so by pre-registering at the Company’s website www.omegaproteininc.com.
Omega Protein Corporation processes, markets, and distributes fish meal and fish oil products in the United States.

Orient-Express Hotels Ltd. (NYSE:OEH) announced its results for the fourth quarter and full year ended December 31, 2010. “Widespread belief that our industry has begun to enter a sustained period of recovery was supported by a fourth consecutive quarter of good RevPAR growth, albeit in a quarter that is ‘low season’ for many of our properties,” said Paul White, President and Chief Executive Officer. “The same store RevPAR growth of 10% (9% in local currency) was driven primarily by occupancy, with rates holding up well. In addition to this solid operating performance, the Company continued to improve its balance sheet after completing key refinancings on ten assets and raising $117.3 million of cash by way of a successful common share offering.
Orient-Express Hotels Ltd. and its subsidiaries operate principally in the leisure hospitality market. It owns and invests in individual deluxe hotels, restaurants, tourist trains, and river/canal cruise businesses.

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