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Capital Product Partners L.P. (NASDAQ:CPLP) announced that its board of directors has declared a cash distribution of $0.2325 per unit for the third quarter of 2011 ended September 30, 2011. The third quarter cash distribution will be paid on November 15, 2011 to unit holders of record on November 7, 2011.
Capital Product Partners L.P., a shipping company, provides seaborne transportation of refined oil products and chemicals.
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Cutera, Inc. (Nasdaq:CUTR), a leading provider of laser and light-based aesthetic systems for practitioners worldwide, will announce results for the third quarter ended September 30, 2011 on Monday, November 7, 2011, after market close. The Company will also host a conference call to discuss these results with additional comments and details. Participating on the call will be Kevin Connors, President and Chief Executive Officer, and Ron Santilli, Executive Vice President and Chief Financial Officer. The conference call is scheduled to begin at 2:00 p.m. PT (5:00 p.m. ET) on November 7, 2011. The call will be broadcast live over the Internet, hosted at the Investor Relations section of Cutera’s website at http://www.cutera.com/, and will be archived online within one hour of its completion through November 21, 2011. In addition, you may call 877-407-3982 to listen to the live broadcast.
Cutera, Inc., a medical device company, engages in designing, developing, manufacturing, marketing, and servicing laser and other light-based aesthetics systems for practitioners worldwide.
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Majestic Gold Corp. (MJGCF)
Special properties of gold make it perfect for manufacturing jewelry. These include: very high luster; desirable yellow color; tarnish resistance; ability to be drawn into wires, hammered into sheets or cast into shapes. These are all properties of an attractive metal that is easily worked into beautiful objects. Another extremely important factor that demands the use of gold as a jewelry metal is tradition. Important objects are expected to be made from gold.
Majestic Gold Corp. (MJGCF.PK) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.
Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares (”Shares”) of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.
The lender is at arm’s length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.
As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.
In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.
For more information please visit official website of MJGCF.PK: http://www.majesticgold.net
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Einstein Noah Restaurant Group, Inc. (NASDAQ:BAGL) announced that it will release its third quarter 2011 financial results after the market close on Thursday, November 3, 2011. A conference call will follow at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time) and will be webcast live from Einstein Noah’s website at www.einsteinnoah.com. Hosting the call will be Jeff O’Neill, Chief Executive Officer and President, and Manny Hilario, Chief Financial Officer.
Einstein Noah Restaurant Group, Inc. owns, operates, franchises, and licenses bagel specialty restaurants in the United States.
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