Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) released a statement from Mr. Sheng Chen, CEO of subsidiary Vu365:

“We at Vu365 are thrilled to team with EEGI. The web and casual gaming industry is one of the fastest growing leisure market sectors worldwide. Ours is an exciting company with a top-quality product that is only growing in popularity through the boom in online gaming. We expect this partnership with EEGI to raise the value of our company, as we are now able to expand our software development efforts to add to our already successful list of popular video game titles.

“We fully expect our existing revenues, currently in the $2 million USD range, to rise as the various projects we have in development, including an assortment of strategic web games, cyber games and 3-D large scale competitive games, land in the marketplace. These are exciting times for Vu365, and we look forward to a successful partnership with EEGI.”

EEGI will keep investors updated as to future news from Vu365.

Majestic Gold Corp. (TSX-V:MJS) (FSE:MJT) is pleased to announce the results of an updated resource estimate on its Song Jiagou Mine.

As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. (”Wardrop”) has revised their previous resource estimate (NR 23 April, 2010) as a result of the revision to the contract mining costs (NR 30 September 2010) which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model.

Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource. The new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories.

Viewpoint Financial Group, (Nasdaq:VPFG) announced that it has prepaid and restructured $91.6 million in fixed-rate Federal Home Loan Bank (”FHLB”) advances. These advances had a weighted average rate of 4.15% and an average term to maturity of approximately 2.6 years. The Company replaced these advances with $91.6 million of new, lower-cost FHLB advances with a weighted average rate of 1.79% and an average term to maturity of approximately 5.0 years. The early repayment of the debt will result in a prepayment penalty of $5.4 million, which will be amortized to interest expense in future periods as an adjustment to the cost of the new FHLB advances. The effective rate of the new advances after accounting for the prepayment penalty is 2.98%. The Company estimates that the restructuring will reduce interest expense on a pre-tax basis by approximately $1.1 million in the first year.
ViewPoint Financial Group operates as the holding company for ViewPoint Bank, which provides financial services in Collin and Dallas Counties and surrounding communities in north Texas.

DreamWorks Animation SKG Inc. (Nasdaq:DWA) announced the launch of a worldwide initiative to give Shrek fans everywhere an opportunity to become a part of film history. As the biggest animated film franchise of all time comes to a close with the arrival of the entire Shrek saga in a complete, bonus-filled Blu-ray or DVD box set entitled Shrek: The Whole Story on December 7th, 2010, DreamWorks Animation is giving fans around the world the chance to become a part of Shrek’s legacy and live FOREVER AFTER by helping to create the largest photo-mosaic ever.
DreamWorks Animation SKG, Inc. develops and produces animated feature films. The company also offers television specials and series, live entertainment properties, online virtual worlds, and related consumer products.

Republic First Bancorp Inc. (Nasdaq:FRBK) announced Donald Reardon as the Senior Vice President/ Director of Cash Management. Don brings a wealth of knowledge and experience to Republic Bank, having previously been the Vice President of Cash Management Product and Operations Manager at TD Bank (formerly Commerce Bank). Don’s expertise and dedication to Customer Service resulted in major developments in Cash Management products and services, as well as the highest levels of Customer satisfaction.
Republic First Bancorp, Inc. operates as the holding company for Republic First Bank that provides various commercial and consumer banking products and services for individuals, small and medium-sized businesses, executives, professionals, and professional organizations in the Greater Philadelphia and Delaware area.

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