Thursday, October 11, 2007

News Releases From NEX Companies For October 10th

There was one news release from a NEX company that was picked up by Marketwire on Wednesday. Rocher Deboule Minerals Corp. [NEX: RD.H] has announced the appointment of a new Chief Financial Officer, Kenneth Wright. The release itself has the details, including a brief business biography of Mr. Wright.

There were three bulletins from NEX companies at the bottom of Wednesday's TSX Venture Daily Bulletins. First of all, Green Environmental Technologies Inc. [NEX: GEI.H] will be delisted as of the close of business Thursday for not paying its NEX maintenance fee. Secondly, Avigo Resources Corp. [NEX: TMX.H] announced the issuing of 8,889 common shares of Avigo as a "bonus" to Nash Jiwa, "in relation to an arm's length loan of $10,000 that Mr. Jiwa issued to the Company on December 19, 2003. The loan had an interest rate of 12% per annum, compounded monthly, and a maturity date of July 31, 2004." The third bulletin in from Rocher Deboule, and it announces the acceptance of the Lonnie-Gam Option Agreement for filing by the TSX Venture. Canjex Publishing has webbed copies of the Green Environmental bulletin, the Avigo bulletin, and the Rocher Deboule one. GEI.H last traded at 1 cent/share in the fall of 2005; TMX.H closed at 43 cents/share, up 2 cents/share from Tuesday's close; and, RD.H closed at 45 cents/share, down 1 cent/share from Tuesday's close.

There was one news release sent out exclusively through Canjex on Wednesday, which announces that the second and last cease-trade order against Warwick Communications Inc. [NEX: WWK.H] has been rescinded. It also notes that the Alberta Securities Commission's cease-trade order had already been rescinded on Tuesday. The other one was issued by the B.C. Securities Commission, which rescinded it on Wednesday. Warwick is still suspended; its stock last closed at 4.5 cents/share more than two years ago.


In addition to the above items, there were also SEDAR-filed financial statements announced on Tuesday:


To read about the highlighted NEX stocks for Wednesday, you can go here.

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