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Orofino Gold Corp. (ORFG.PK) is pleased to announce the appointment of Mr. Salvador Rivero to the company’s Board of Directors.
Mr. Rivero brings to Orofino a wealth of knowledge in the areas of business, corporate finance, and mining operations. After graduating from law school in Mexico, Mr. Rivero spent the next 25 years developing a thorough understanding of the processes necessary to successfully discover, acquire, and develop, mineral concessions with the potential of containing valuable mineral deposits. Considered by Orofino as an acquisitions specialist, Mr. Rivero has been involved in the development of various turn-key projects in mining, energy, fertilizer, oil and gas, and shipping sectors.
Mr. Rivero founded and directed Constructora y Perforadora Marina, S.A. de C.V., and Kaiser International, S.A. de C.V., Ultramar Bancorp Inc., Ultramar Capital Plc. and First Mercantile Bank Ltd. From 1998-2000, Mr. Rivero was responsible for acquiring, developing, and putting into production a silver mine in Sinaloa for Real de Panuco, S.A. de C.V. He was also a member of the Board of Directors of the Canadian mining company Golden Temple Mining and the Mexican mining company Minas Kaiser, S.A. de C.V. Until recently, Mr. Rivero acted as the President and served as a Director of Oroco Resource Corp, a mining corporation trading on the TXS-V. During that time, Mr. Rivero was responsible for the successful acquisition of Oroco’s mining properties in Mexico.
At Orofino, Mr. Rivero, a Spanish-speaking executive, will assist in overseeing the acquisition of new properties. In addition, Mr. Rivero will utilize his extensive international experience in development and selection of partners for the progression toward large-scale production. Mr. Rivero will play a key role in the development of the properties in Orofino’s current Senderos de Oro gold camp in the mining area of central Sur de Bolivar, a project area comprised of more than 3000 hectares of mineral concessions in Colombia’s highest producing artisanal mining region.
Orofino Gold is a China based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
More abot ORFG at: www.orofinogold.com
Orofino Gold Corp. (PINK:ORFG) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
The company is please to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. (see full resume on the company website at www.orofinogold.com)
Mr. Pernett will be responsible for all affairs of the Company in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the company’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The company and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the company’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of the Company. His resignation is effective immediately. The Company wish him well and success in future endeavors.
GreenHouse Holdings, Inc. (GRHU.PK)
GreenHouse Holdings, Inc. (OTC.BB:GRHU) has executed a letter of intent with Hinds Community College to construct and manage a $2.9 million Anti-Terrorism Tactical Training Center in Jackson, Mississippi that would provide local law enforcement personnel with a state-of-the-art training and sustainable firing range facility and which would serve as a best practices model for such facilities in small cities and towns across the United States. The project is subject to the execution of a definitive agreement.
The pilot program, including both basic and advanced firearms training would commence with Hinds Community College in Jackson, Mississippi, where Mississippi law enforcement agencies, Department of Homeland Security (DHS) personnel and other local, state and federal agencies expected to receive instruction. The cost of building the Anti-Terrorist Tactical Training Center is estimated at $2.9 million per unit.
These Anti-Terrorist Tactical Training Centers are fully sustainable, indoor facilities. As such, they remove the need for outdoor firing ranges that have detrimental environmental impact due to lead seepage into the ground. GreenHouse plans to design and construct the 11,000 square foot training center on land leased from the college at a cost of $1.00 per year for a 15 year term. The training center will feature a GreenHouse delivered Tactical Training System featuring the company’s sustainable bullet trapping system capable of containing 7.62 caliber rounds at a maximum distance of 30 meters. The range will also have twelve lanes of fire featuring pneumatic turning target systems including two lanes with wheelchair accessibility.
Users of the sustainable training facility are expected to include the United States Marine Corps, National Park Service, Naval Criminal Investigative Service, the Mississippi Highway Patrol, Mississippi Alcohol Law Enforcement, Mississippi Department of Corrections and other fire and rescue departments. The facility will also be used to train U.S. Coast Guard personnel responsible for Maritime Security.
“As public safety enforcement work becomes increasingly dangerous, proper firearms training is more critical than ever to the safety of those men and women who serve and protect American citizens,” remarked John Galt, Executive Chairman and co-founder for GreenHouse Holdings, Inc. “We provide the most sustainable and innovative environment for highly skilled training in an assortment of tools and disciplines in a wide variety of settings.”
Marine Petroleum Trust (Nasdaq:MARPS) declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.358698 per unit, payable on March 28, 2011, to unitholders of record on February 28, 2011. Marine’s cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marinepetroleumtrust.com/.
Marine Petroleum Trust, through its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. The company was founded in 1956 and is based in Dallas, Texas.
LKQ Corp. (Nasdaq:LKQX) announced results for its fourth quarter and full year ended December 31, 2010. Income from continuing operations for the fourth quarter was $41.3 million and diluted earnings per share from continuing operations was $0.28. For the full year, income from continuing operations was $167.1 million and diluted earnings per share from continuing operations was $1.15.
LKQ Corporation, together with its subsidiaries, provides replacement systems, components, and parts needed to repair vehicles in the United States. It provides aftermarket products, recycled products, and refurbished products.
MAP Pharmaceuticals, Inc. (Nasdaq:MAPP) announced that LEVADEX™ orally inhaled migraine therapy will be featured in one oral presentation and four poster presentations at the 63rd Annual Meeting of the American Academy of Neurology (AAN) in Honolulu, Hawaii April 9-16, 2011. A summary of the Company’s AAN presentations is below, and the abstracts can be accessed at the AAN website at www.aan.com. LEVADEX is an investigational acute therapy for migraine that has completed Phase 3 clinical development.
MAP Pharmaceuticals, Inc., a development stage company, focuses on the development and commercialization of inhalation therapies for patients suffering from migraine.
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