FCCN, Spectral Capital Corporation

Gold can be purchased in one country and spent in another. It can be kept, as is, in depository banks in faraway places for safekeeping.

Gold is seen in a much more positive light in countries beginning to come to the forefront on the world scene. Prominent developing countries such as China, India and Russia have been accumulating gold. In fact, China with its 1.3 billion people recently established a National Gold Exchange and relaxed control over the asset.

Demand in China is expected to rise sharply and could reach 500 tonnes in the next few years.

Spectral Capital Corporation (FCCN) is focused on the acquisition of a significant portfolio of properties for mining activities.

FCCN has acquired two very large mineral properties, both of which have the potential to yield gold and other minerals that would create massive value. Both of these properties are in regions where significant gold has been found while also providing us with a geographic balance.

In September 2010, FCCN 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. FCCN 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.

In January, after the completion of preliminary due diligence, FCCN received a Letter of Interest from the US Export-Import Bank, an organ of the United States government designed to provide funding for companies just like FCCN. The terms of the proposed financing are exceptionally attractive and the company looks forward to securing a final approval on this financing and to funding production of its Chita property this year. The proposed financing that was contained in the term sheet was $167,500,000 USD, which represents not just the resources needed to meet FCCN’s contractual commitments, but also the resources needed to begin large-scale production.

In January 2011, FCCN acquired a 65% interest in a gold mine in Kazakhstan, in one of the region’s most promising areas for gold extraction.

FCCN continues to develop a diversified portfolio of mineral assets in some of the world’s most productive mining regions.

More about FCCN at www.spectralcapital.com

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Sonic Automotive Inc. (NYSE:SAH) announced that its Board of Directors approved a quarterly dividend of $0.025 per share payable in cash for shareholders of record on March 15, 2011. The dividend will be payable April 15, 2011.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company?s dealerships provide various services that include the sale of new and used cars and light trucks; sale of replacement parts, performance of vehicle maintenance, warranty, paint, and repair services; and arrangement of extended service contracts, financing and insurance, and other aftermarket products for automotive customers.

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MGM Resorts International (NYSE:MGM) launched the unequaled Live the M life Sweepstakes, an 11-week contest with once-in-a-lifetime prizes that offer a glimpse into M life member benefits. Serving as the overarching consumer rewards brand for MGM Resorts’ properties in Las Vegas, Mississippi and Detroit, M life focuses on experiential rewards, leveraging a collection of amenities no other resort group can offer.

MGM Resorts International, through its subsidiaries, owns and operates casino resorts in the United States. The company?s resorts offer gaming, hotel, dining, entertainment, retail, and other resort amenities.

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Och-Ziff Capital Management Group LLC (NYSE:OZM) announced that Daniel S. Och, Chairman and Chief Executive Officer of Och-Ziff Capital Management Group LLC, is scheduled to give the keynote address at the 2011 Citi Financial Services Conference in New York on Thursday, March 10, 2011 at 12:15 p.m. Eastern Time. As part of this address Mr. Och will be discussing the hedge fund industry and Och-Ziff’s business. Mr. Och may also comment on Och-Ziff’s funds’ estimated investment returns as of February 28, 2011 and estimated assets under management as of March 1, 2011. This information is expected to be made publicly available in a filing on Form 8-K on March 2, 2011.

Och-Ziff Capital Management Group LLC is a publicly owned investment manager. The firm provides investment advisory services for its clients. It invests in equity marekets across the world.

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