Archive for November, 2009

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  • Clancy Exploration Share Purchase Plan

    Thursday, November 26th, 2009

    Clancy Exploration (CLY) announced on the 25/11/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 3/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 21/12/2009. Shares will be issued on 29/12/2009 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.13.

    Discount : 23.5% Liquidity : Poor Profitability : Ok Stability : Poor

    www.clancyexploration.com

    * Note: Discount is based on the closing price on the 25 November 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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    Worley Parsons Awarded $950 Million Contract

    Thursday, November 26th, 2009

    WorleyParsons (WOR) is pleased to announce that the Tennessee Valley Authority (TVA) Board has approved awarding a contract to G UB MK Constructors, a joint venture of WorleyParsons, Williams Plant Services and URS Corporation’s Washington Division, for maintenance and modification construction services at TVA’s electric generation facilities.

    These facilities include seven coal-fired plants and all of its hydroelectric facilities located primarily in Tennessee, Kentucky and Alabama, and some work in North Carolina, Virginia and Mississippi. This is a major power improve contract for WorleyParsons, which demonstrates the team’s success in long-term asset services and its commitment to work effectively with TVA and its joint venture partners.  WorleyParsons’ Improve offering focuses on existing plant operations, delivery of major projects, upgrades, improvements and maintenance projects to sustain assets and improvement to its customers’ business performance. The contract has a base term of five years and a total maximum contract value of US $950 million over the base period.

    “We are pleased that TVA continues to recognize the expertise of G UB MK Constructors in effective planning and successful execution of large scale power plant maintenance, modifications, and improvement projects. G UB MK is proud to be part of the solutions to industry challenges that our customers face in such difficult economic circumstances using our Improve approach and suite of services as a basis” said Mr John Grill, WorleyParsons’ Chief Executive Officer.

    G UB MK Constructors has been working with TVA on similar work since 1991, performing modifications, maintenance and capital improvements on 30 individual boiler plants at six coal-fired power generating stations totaling 7,900 megawatts and all of TVA’s hydroelectric facilities. The primary focus of G UB MK continues to be a positive working relationship with the TVA Trades & Labor to achieve zero safety incidents, continuous reduction of the cost of modification projects and the return of generating units to service in support of TVA’s mission of providing reliable and economic power for its customers throughout the Tennessee Valley region.

    www.worleyparsons.com

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    Noble Mineral Resources Acquires Gold Mine In Ghana

    Thursday, November 26th, 2009

    Noble Mineral Resources (NMG) is pleased to announce that it has acquired a major Ghanaian gold mine and contiguous exploration licences totalling 100 square kilometres that will immediately transform the company into a substantial producer with significant mine life and significant exploration potential.

    Noble has agreed to assume the existing obligations of Central African Gold Ghana Limited in return for 100 per cent ownership of CAGG. The total consideration includes the restructuring of the existing Investec debt facility to CAGG. Investec has granted Noble a two-year moratorium on debt re-payments, allowing Noble to establish its cashflows from Bibiani and to invest in the re-development of the mine.

    Bibiani boasts a processing plant with an annual capacity of 2.7 million tonnes and a significant mining fleet in good working order. Included in the acquisition is a fully operational mine site with mine workshops, accommodation, a hospital, a school and a working fleet of light vehicles. All CAGG staff will be retained pending an operational review by Noble. Noble proposes to initially raise $5.4 million through a share placement at 27 cents a share.

    www.nobleminres.com.au

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    Ridley Corporation Signs Feed Agreement With Tassal

    Thursday, November 26th, 2009

    Ridley Corporation Limited (RIC) and Tassal Group Limited (TGR) today jointly announce the signing of a 3 year feed supply agreement effective from November 2009. The agreement covers the supply by the Aqua-Feed division of Ridley Agriproducts of a complete range of winter and summer feeds for Tassal’s salmon farming operations in Tasmania. Specific details of the agreement remain confidential, however the additional tonnage represents a significant increase in output for Ridley which provides a baseload volume for its new Inverell facility and provides Tassal with surety of availability and quality of supply for its major salmon farming input.

    Ridley recently entered into a joint venture arrangement to open an additional aquaculture feed mill based at Inverell, NSW, bringing to Ridley an effective doubling of production capacity for its Aqua-Feed business and alleviating capacity constraints that have hindered its Aqua-Feed expansion plans in recent years. The Inverell facility uniquely positions Ridley as the only feed supplier in Australia with multiple manufacturing facilities, and will enable Ridley to target new business, lift production, and keep pace with the growing aquaculture industry whilst fully supporting Tassal’s own growth initiatives. Tassal is already a market leader for Australian aquaculture fin-fish and the largest producer of farmed salmon, and is consequently the largest domestic user of pelleted salmon feeds. Ridley Aqua-Feed produces in excess of 40,000 tonnes per annum of feed for Australia’s growing fin-fish and prawn aquaculture industry, and as recently announced, Ridley has created an additional 40,000 tonnes of capacity through its new facility at Inverell. This new agreement provides a cornerstone for each of Ridley’s and Tassal’s strategic growth and expansion plans for the future.

    www.ridley.com.au

    www.tassal.com.au

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    Tutt Bryant Group Ex Dividend On 4/1/2010

    Wednesday, November 25th, 2009

    Tutt Bryant Group (TBG) will go ex dividend on 4/1/2010. The current dividend payment is 2 cents and it is 100% franked. The record date is 8/1/2010 and the dividend will be paid on 20/1/2010. Based on the full year payment the dividend yield is 4.1%.

    *Current Yield: 2.3% Franking: 100% DRP Discount: 5.0%

    www.tuttbryantgroup.com.au

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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    Singapore Telecom Ex Dividend On 16/12/2009

    Wednesday, November 25th, 2009

    Singapore Telecom (SGT) will go ex dividend on 16/12/2009. The current dividend payment is 6.2 cents and it is 0% franked. The record date is 22/12/2009 and the dividend will be paid on 14/1/2010. Based on the full year payment the dividend yield is 5.2%.

    *Current Yield: 2.7% Franking: 0% DRP Discount: Not Available

    www.singtel.com

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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    Supply Network Ex Dividend On 7/12/2009

    Wednesday, November 25th, 2009

    Supply Network (SNL) will go ex dividend on 7/12/2009. The current dividend payment is 4 cents and it is 100% franked. The record date is 11/12/2009 and the dividend will be paid on 22/12/2009. Based on the full year payment the dividend yield is 6.0%.

    *Current Yield: 8.0% Franking: 100% DRP Discount: 5.0%

    www.supplynetwork.com.au

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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    Fisher & Paykel Healthcare Ex Dividend On 3/12/2009

    Wednesday, November 25th, 2009

    Fisher & Paykel Healthcare (FPH) will go ex dividend on 3/12/2009. The current dividend payment is 6.35 cents and it is 0% franked. The record date is 9/12/2009 and the dividend will be paid on 18/12/2009. Based on the full year payment the dividend yield is 4.7%.

    *Current Yield: 2.5% Franking: 0% DRP Discount: 0%

    www.fphcare.co.nz

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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    Technology One Ex Dividend On 30/11/2009

    Wednesday, November 25th, 2009

    Technology One (TNE) will go ex dividend on 30/11/2009. The current dividend payment is 2.87 cents and it is 100% franked. The record date is 4/12/2009 and the dividend will be paid on 18/12/2009. Based on the full year payment the dividend yield is 4.5%.

    *Current Yield: 3.4% Franking: 100% DRP Discount: Not Available

    www.technologyOneCorp.com

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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    Katana Capital Ex Dividend On 26/11/2009

    Wednesday, November 25th, 2009

    Katana Capital (KAT) will go ex dividend on 26/11/2009. The current dividend payment is 0.5 cents and it is 100% franked. The record date is 2/12/2009 and the dividend will be paid on 17/12/2009. Based on the full year payment the dividend yield is 0.7%.

    *Current Yield: 0.7% Franking: 100% DRP Discount: Not Available

    www.katanacapital.com.au

    *Yield has been calculated on the closing price on the 24/11/2009. Current yield is based on the current dividend payment only.

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