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Canada Business News and Press Releases
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(EMAILWIRE.COM, February 03, 2011 ) Montréal, Québec - Xplosivestocks.com (http://Xplosivestocks.com), a premier source for top penny stocks research and publishers of Penny Stock Trader newsletter, issues top stock alert for the following company (EFII, PPWE, SHLM, ORFG, AMSF):
Electronics for Imaging, Inc. (Nasdaq:EFII) a world leader in customer-focused digital printing innovation, announced its results for the fourth quarter of 2010. For the quarter ended December 31, 2010, the Company reported revenue of $145.0 million, compared to fourth quarter 2009 revenues of $114.0 million. GAAP net income income was $7.6 million or $0.16 per diluted share in the fourth quarter of 2010, compared to GAAP net loss of $(3.4) million or $(0.07) per diluted share for the same period in 2009.
Electronics For Imaging, Inc. provides color digital print controllers, format printers and inks, and print management solutions worldwide.
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Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob) commented recently on a Wall Street Journal Article titled “Oil’s Rise Is a Sticky Situation for Recovery”. (Dated January 12, 2011 Section C). The article discussed the current environment of rising oil prices and its effect on consumers and the impending economic recovery. With oil prices at nearly $90 per barrel, consumers fear oil prices will return to their 2008 levels, when oil peaked over $145 per barrel. “A 2008 – style shock isn’t a certainty, but an upward trend is clear. Goldman Sachs expects oil prices to average $100 a barrel this year….,” the article is quoted as saying.
"The Company will benefit from these rising prices as it produces its Kentucky oil asset while creating the strategy for our exploration prospect in Utah," stated President of Proper Power & Energy, Andrew J. Kacic.
Proper Power has begun production on its Kentucky oil asset, in addition to the 11,000 acres leased for its exploratory prospect in Utah. The Utah prospect has the potential for over 75 wells. The Company believes the Utah property holds very substantial recoverable reserves, indicated through seismic and radiometric analysis.
The state of Utah is ranked 13th in the country in crude oil production and 9th in natural gas gross production (Energy Information Administration; rankings based on 2008 production, not including Federal Offshore production areas). There are approximately 9,100 wells currently in production within the state.
In the United States, tar sands resources are primarily concentrated in Eastern Utah, mostly on public lands. The in-place tar sands oil resources in Utah are estimated at 12 to 19 billion barrels.
Proper Power & Energy is an independent exploration and production company. The CompanyÂ’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which PPWE controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
For more information about this company please visit http://properpower.com
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Orofino Gold Corp. (ORFG.PK) is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
Orofino Gold is pleased to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp.
Mr. Pernett will be responsible for all affairs of the Company in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the companyÂ’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the companyÂ’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
The Board of DirectorÂ’s have accepted resignation of John T. Martin, former Managing Director of the Company. Orofino Gold wishes him well and success in future endeavors.
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A. Schulman, Inc. (Nasdaq:SHLM) announced that it received a 2011 Deal Maker Award from the Association for Corporate Growth ("ACG") Cleveland chapter. The Deal Maker Awards are presented annually by ACG Cleveland to recognize significant achievements of local companies, entrepreneurs and financiers who participate in merger and acquisition activity. According to ACG, award winners are "Deal Makers" who have been inspirational, visionary, creative, tenacious and persistent in their efforts to complete acquisitions, joint ventures, strategic alliances and financing transactions.
A. Schulman, Inc. supplies plastic compounds and resins to consumer products, industrial, automotive, and packaging markets in North America, Europe, and Asia.
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Amerisafe, Inc. (Nasdaq:AMSF) a specialty provider of high hazard workers' compensation insurance, announced that it will release its 2010 fourth quarter financial results on Thursday, March 3, 2011 after the market closes. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet on Friday, March 4, 2011 at 9:30 a.m. Eastern time. For those who cannot listen to the live call, a telephonic replay will be available through March 11, 2011 and may be accessed by calling 303-590-3030 and using the pass code 4403882#. An archive of the webcast will be available after the call for a period of 60 days in the "Investor Relations" section of the Company's website.
AMERISAFE, Inc., an insurance holding company, provides workersÂ’ compensation insurance focusing on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, oil and gas.
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