Market Pulse - Growth Energy Company set to Acquire South American Mining Company & Extinguishes Remaining Convertible Debt
CORAL SPRINGS, Florida, January 16, 2013 /PRNewswire/ --
FinancialNewsMedia.com "Active Energy Companies to Watch" for today: VSUS Technologies, Inc. (OTC:VSUT), Peabody Energy Corp. (NYSE: BTU), Cliffs Natural Resources Inc. (NYSE: CLF), Denbury Resources Inc. (NYSE: DNR) and Arch Coal, Inc. (NYSE: ACI)
Headline News: VSUS Technologies, Inc. (OTC:VSUT) announces it has signed a definitive agreement to Acquire Compañía Minera San José S.A. in Colombia and has now satisfied its last remaining convertible note with Asher Enterprises.
Stay informed on VSUS Technologies, Inc. developments by getting news alerts & updates delivered directly to your mobile phone by texting VSUT to 545454 from your cellular device or visit http://vsus.mobi for more details.
Compañía Minera San José S.A is a twelve year old company set up to explore and exploit coal in central Colombia. VSUS Technologies is acquiring "San Jose Mining" to use as an operating subsidiary for their coal operations in Colombia. The Company acquired Concession Contract # ILE-09551 from Erasmo Almanza in February, 2011. According to Article 22 from Law 685 of 2001, upon approval by the National Mining Agency, Mr. Almanza can cede title of the Concession Contract to the company's wholly owned subsidiary. The Company does not anticipate any issue with the transfer of title.
The Company also announces it has satisfied its last remaining convertible note with Asher Enterprises. The retirement of this debt not only significantly reduces company liabilities but also the expense associated with carrying that debt and the ability of that debt to be converted and dilute the shares outstanding.
Read the entire press release and company disclosures at: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=240
VSUT closed up 2.34% on Tuesday (01/15/13) at just slightly under $0.05 price per share. Be sure to check out VSUT's recent chart showing an increase over 500% in the price per share since later November, 2012. Recently VSUS Technologies, Inc. announced a name change to New Colombia Resources, Inc. The Company anticipates the name and symbol change with FINRA to take effect January 22, 2013. For more information on VSUT visit their website at http://www.vsustechnologies.com
Active Energy Leaders to keep a close eye on are:
Peabody Energy Corp. (NYSE: BTU) will announce the results for the year ended Dec. 31, 2012 on Tuesday, Jan. 29, 2013. A conference call with management is scheduled for 10 a.m. CST on Tuesday, Jan. 29. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The company serves metallurgical and thermal coal customers in more than 25 countries on six continents. BTU closed up slightly on Tuesday 01/15/13 on over 8.66Million shares traded closing at $24.73 per share.
Cliffs Natural Resources Inc. (NYSE: CLF) is a mining and natural resources company, engages in the production of iron ore pellets, fines and lump ore, and metallurgical coal. Cliffs Natural has a market cap of $5.32 billion and is part of the basic materials sector and metals & mining industry. TheStreet.com Ratings recently rated Cliffs Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity.CLF closed up 1.83% on Tuesday 01/15/13 on over 7.06Million shares traded.
Denbury Resources Inc. (NYSE: DNR) announced that it has entered into an agreement to acquire producing property interests in the Cedar Creek Anticline ("CCA") of Montana and North Dakota from a wholly-owned subsidiary of ConocoPhillips (NYSE: COP) for $1.05 billion cash. The assets to be purchased include additional interests in certain of Denbury's existing operated fields in CCA along with operating interests in other CCA fields.. DNR closed up 5.21% on Thursday 01/10/13 on over 16.4Million shares traded closing at $17.76 per share.
Arch Coal, Inc. (NYSE: ACI) will discuss its fourth quarter and full year 2012 financial results in a conference call that will be webcast live on Tuesday, Feb. 5 at 11 a.m. Eastern time. U.S.-based Arch Coal is a top five global coal producer and marketer. Arch is the most diversified American coal company, with mining complexes across every major U.S. coal supply basin. Its core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. ACI closed up 2.20% on Tuesday 01/15/13 on over 8.55Million shares traded closing at $6.96 per share.
Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. You can also get breaking news first with our FREE SMS Text Alerts formatted specially for mobile phones by texting STOCKS to 545454 from your cellular device. (SMS alerts are free; however standard message & data rates may apply. Check with your carrier for more details.)
If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge investor outreach solutions, contact us now at firstname.lastname@example.org or visit us at http://www.financialnewsmedia.com.
DISCLAIMER: FN Media Group LLC (FNMG), a third party publisher and news dissemination service provider, owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was not compensated on behalf any company named herein but expects to be compensated for providing news coverage for VSUS Technologies, Inc, at which time such compensation shall be fully disclosed. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
Get content for your website
Enhance your website's or blog's content with PR Newswire's customised real-time news feeds.
Contact PR Newswire
Send us an email at MarketingUK@prnewswire.co.uk or call us at +44 (0)20 7454 5382
Become a PR Newswire client
Request more information about PR Newswire products & services or call us at +44 (0)20 7454 5382