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Stock Market & Financial Investment News

News Breaks
June 23, 2014
07:26 EDTANFC, PZG, PVG, PLM, PED, MPET, LLEX, IFNY, FXEN, ESCR, AVL, TRCHRoth Capital to hold a conference
3rd Annual ROTH Resources Corporate Access Day to be held in London, England on June 23.
News For ANFC;AVL;ESCR;FXEN;IFNY;LLEX;MPET;PED;PLM;PVG;PZG;TRCH From The Last 14 Days
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October 14, 2014
08:39 EDTPEDPacific Energy Development acquires additional acreage in Wattenberg Core
PEDEVCO Corp. d/b/a Pacific Energy Development announced that the company acquired an additional 863.61 net acres in Weld County, Colorado, approximately 857.9 net acres of which are located in the prolific Wattenberg core area, as well as a number of general business initiatives related to the company's rapid growth trajectory. The company acquired the additional Wattenberg core acreage from Continental Resources in exchange for the company's assumption of approximately $73,000 in certain ad valorem tax liabilities from Continental with respect to certain operated wells the company acquired from Continental in March. In addition, on October 9, Continental paid to the company approximately $483,000 cash to reflect certain final post-closing adjustments in connection with the company's March acquisition. With the addition of this new Wattenberg core acreage, the company now holds approximately 14,132.5 net acres in its Wattenberg asset, with interests in 45 horizontal wells, 11 of which are operated by the company and currently producing, with an additional 3 operated wells recently drilled and currently awaiting completion in late-October, 16 non-operated wells, and 15 wells in which the company has an after-payout interest. The company is currently preparing to commence completion operations on its recently drilled three well-pad Loomis wells, with initial results expected to be available in early November.
October 13, 2014
09:45 EDTFXENFX Energy reports Karmin-1 well discovery to be completed for production
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October 10, 2014
14:43 EDTLLEXG. Tyler Runnels reports 8.99% stake in Lilis Energy
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October 8, 2014
11:38 EDTAVLAvalon Rare Metals provides update on Nechalacho rare earth elements project
Avalon Rare Metals is pleased to report on recent progress at its 100% owned Nechalacho Rare Earth Elements Project located at Thor Lake in the Northwest Territories, Canada. Most of the technical work programs planned to optimize the 2013 Feasibility Study have been completed and an updated feasibility study is in preparation. Completion of this study awaits a decision on a location for the hydrometallurgical plant and revised cost estimates for this facility. The only significant technical work remaining is to carry out a pilot plant trial of the new hydrometallurgical process flowsheet to finalize engineering and plant design criteria. A bulk sample of Basal Zone material required for this work has been recovered and the trial will proceed once arrangements with a suitable facility are confirmed and the funding required is in place. Efforts to arrange Project financing and product off-take agreements continue along with Project implementation planning and permitting. Depressed commodity prices generally and reduced demand for rare earths in particular, have made accessing capital for large scale resource development projects like Nechalacho very challenging in recent months. However, the Company remains optimistic that rare earth demand will recover sufficiently in 2015 to attract Project financing and allow construction work to begin by next summer.
09:04 EDTPLMPolyMet Mining expects final EIS in early spring of 2015
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