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Boston Scientific Corporation (NYSE:BSX) announced that the U.S. Court of Appeals for the Federal Circuit affirmed the decision of the U.S. District Court for the District of Delaware, finding all four patents in a suit involving Johnson & Johnson to be invalid.
Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.
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SIGA RESOURCES, INC. (SGAE)
Placer Mining is the most common form of mining, it involves mining gold that has been washed away from it’s motherlode (or source) and deposited in small cracks, holes, or sand bars in the mainstream of a river. It almost always involves the use of water in some way or another. Placer mining tools generally include the rocker box, sluice, dredge, highbanker, shaker table, drywasher, and always the pan. Placer Claims are 20 acres, and many modern miners have their own placer claim.
A prospect could be a hope for or anticipation of making a profit in mining. It can also mean to search for gold. Another definition can state it as meaning a place where a mineral deposit is sought or found.
SIGA RESOURCES, INC. (SGAE) recently announced that Siga has come to an agreement with Big Rock Resources Ltd. whereby the two companies will develop the Lucky Thirteen gold placer claim under a 50/50 joint venture.
Big Rock Resources Ltd. (1BR.F, ISIN CA0894851066, WKN A1JJYB www.bigrockresources.com) has agreed to fund the initial evaluation program for $400,000 USD, and provide funding up to $8.5 million USD to place the property in full production.
The partners will operate Lucky Thirteen under a Joint Venture company, Lucky 13 Mining Company Ltd., owned 50/50 by Siga and Big Rock. Lucky 13 Mining Company Ltd. will be the operator.
Siga has already secured the initial operating permits for the necessary rail crossing and initial test mining. Siga is currently constructing the washing and initial process plant to be used in the evaluation program.
Siga’s President Ed Morrow said that “Siga is most pleased to have Big Rock Resources as a Joint Venture Partner. The combined power of the partnership will facilitate the rapid development of a production operation at Lucky thirteen.”
For more information please visit: http://www.sigaresourcesinc.com
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American Video Teleconferencing Corp. (AVOT)
Lithium is lionized. Silicon has a whole valley named after it. But what about the silent heroes of modern technology? Rare earth elements-a set of 17 related metals, mostly shunted off to a tacked-on lower line of the periodic table-are crucial to the way we live now; responsible for miniaturizing computers and headphones, powering hybrid cars and more. Increasingly important to technology, they’re also playing a larger role in geopolitical maneuvering.
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is normally known for its business and efforts of exploration in Rare Earth Elements.
According to the Company, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
American Video Teleconferencing Corp. (AVOT) recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company’s exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines.
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
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JMP Group Inc. (NYSE:JMP) an investment banking and alternative asset management firm, announced that Peter V. Coleman has joined JMP Securities, JMP Group’s broker-dealer subsidiary, as a managing director and director of research. Mr. Coleman is based in the firm’s San Francisco headquarters. He assumes his role from James F. Wilson, who had held the position since 1999 and who will move to JMP Securities’ investment banking department as a managing director focused on the residential real estate industry.
JMP Group Inc. is a full-service investment banking and asset management firm that provides investment banking, sales and trading, and equity research services to corporate and institutional clients and alternative asset management products to institutional and high-net-worth investors.
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BlackRock High Yield Trust (NYSE:BHY) announced that quarter-end portfolio data for BlackRock taxable closed-end funds (the “Funds”), as of March 31, 2011, is now available to the public on BlackRock’s website at www.blackrock.com.
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2011, BlackRock’s assets under management were $3.648 trillion.
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