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Spearmint Resources Inc announces plan of arrangement and letter of intent

Wednesday, 6 Aug 2014 05:51pm EDT

Spearmint Resources Inc:Enters into arrangement agreement with Sheslay Mining Inc., a private British Columbia company in which company currently holds nominal interest.Company also wishes to announce that it has entered into non-binding letter of intent (LOI) with Alliance Growers Corp. (Alliance), a private British Columbia company.Pursuant to Arrangement Agreement, company has agreed to transfer $20,000 cash to Spinco in consideration for issuance of 800,000 common shares of Spinco (or 24.2 pct) and to distribute these common shares to company's shareholders on pro-rata basis.Pursuant to plan of arrangement under the Business Corporations Act (British Columbia).

Pingtan Marine Enterprise Ltd raises FY 2014 net income guidance

Wednesday, 6 Aug 2014 04:01pm EDT

Pingtan Marine Enterprise Ltd:Raises FY 2014 net income guidance to $82 and $87 million from $80 and $85 million.FY 2014 net income of $84 million - Thomson Reuters I/B/E/S.

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