For Our 100% Free Stock Alerts!
(ZX, MJGCF, HDY, NED) Stocks under Consideration by PennyGovernance.com
China Zenix Auto International Ltd. (NYSE:ZX) the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sale volume, announced that deputy chief executive officer and chief sales and marketing officer, Mr. Junqiu Gao , purchased 15,000 common shares of the Company’s stock at an average price of $3.30 per share in open market transactions during December. Additionally, Mr. Yuzhou Wang , deputy financial controller, made several recent purchases totaling 5,000 shares of the Company’s common stock in open market transactions at prices as high as $5.00 per share.
China Zenix Auto International Ltd. , an investment holding company, engages in the research, development, production, and sale of commercial vehicle wheels to after market and original equipment manufacturer market in the People’s Republic of China.
**************************************
Majestic Gold Corp. (MJGCF)
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.
Gold has a long and complex history. From gold’s first discovery, it has symbolized wealth and guaranteed power. Gold has caused obsession in men and nations, destroyed some cultures and gave power to others.
Gold powers the internet. It underpins our economy. It is the bedrock of a portfolio. It is the catalyst for future revolutions in science. It expresses love in many languages. And it carries memories across generations and cultures.
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.
Gold already underpins the world’s major currency systems; today the G20 nations are debating an even greater role for gold in a new world financial architecture.
Gold is the metal of love. It owns the moment when “I will” becomes “I do”. In jewelry form, it can quicken the heart-rate and grow in significance to become the most precious possession one will ever own.
For more information please visit official website of MJGCF.PK: http://www.majesticgold.net
**************************************
Hyperdynamics Corporation (NYSE:HDY) announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynamics plans to continue to provide progress updates.
Hyperdynamics Corporation, an independent oil and gas exploration company, engages in the development of offshore prospects in Republic of Guinea, northwest Africa.
**************************************
Noah Education Holdings Ltd. (NYSE:NED) a leading provider of education services in China , announced that, it has accepted the resignation of Mr. Jerry He as its Chief Executive Officer. Jerry’s decision to resign from Noah is due to personal reasons and will be effective January 1, 2012 . Mr. Dong Xu , Chairman of the Board of Directors and Chief Strategy Officer will act as CEO on an interim basis while the board evaluates alternatives to fill the role on permanent basis. Moreover, Mr. Qicai Du, the general manager of Wentai Education, has been appointed as director, effective January 1, 2012 .
Noah Education Holdings Ltd. provides education services in the People’s Republic of China.
Sign up for free stock alerts at http://www.pennygovernance.com/signup
***************************************
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyGovernance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyGovernance.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur.(read more @ http://pennygovernance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

Stock Markets








