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SmallCapStockAnalyst.com: Hot Stocks to Watch on June 3, '08 : (OTC
BB: BCFT), (Nasdaq: GNTA), (OTC BB:MYNG), (OTC BB:MMTIF), (OTC BB:ARGL)
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:03062008
Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), Genta
Incorporated (Nasdaq: GNTA), Golden Eagle International, Inc. (OTC
BB:MYNG), Micromem Technologies Inc. (OTC BB:MMTIF), Argyle Security
Acquisition Corporation (OTC BB:ARGL)
Featured Stock: Bancroft Uranium Inc (OTC BB: BCFT) Current Price
(0.89) www.SmallCapStockAnalyst.com
Bancroft Uranium Embraces Environmental Principals
SCOTTSDALE, AZ-- Jun 2, 2008 -- Bancroft Uranium Inc. (OTC BB:BCFT.OB -
News) ("Bancroft" or the "Company") today wishes to advise the public
as to the Company's strong ongoing commitment to environmental
principals, the health of its workers, the community and to the overall
protection of the environment.
Bancroft believes that the production of emissions-free electricity via
nuclear power generation is the only form of energy for the future that
can have a significant, beneficial near-term impact on reducing fossil
fuel dependence thus decreasing carbon emissions and as a result,
having a positive affect on climate change.
Going forward, in the event of a production decision, Bancroft would be
subject to and would need to comply with substantive environmental
regulations. In Canada, the Canadian Nuclear Safety Commission is the
national regulatory body as well as other stringent Federal and
Provincial regulations such as those that come under the Canadian
Environmental Protection Act, The Fisheries Act, The Environmental
Management and Protection Act, The Clean Air Regulations and The
Mineral Industry Environmental Protection Regulations, just to mention
a few.
Additionally, in direct response to past practices, mining law now
requires mine operators to reclaim land disturbed by mining. Bancroft
will be required to incorporate reclamation and decommissioning plans
as part of the Environmental Impact Study that will form part of
Bancroft's application for a mining license. The Company will also be
required to post a bond to guarantee reclamation of all public and
private lands.
With respect to safety of our workers, Bancroft requires all employees
at the Monmouth project site to wear dosimeters which are regularly
monitored. Routine monitoring of air, dust and surface conditions will
also be instituted. If the Monmouth Project goes into production it
will be utilizing a gravity separation milling process which utilizes a
closed water system which would be recycled, reused and thoroughly
cleaned. Metallurgy has shown that 91.4% of the U3O8 can be removed by
a first pass, simple gravity circuit. No hazardous chemicals are
envisioned to be used in this process.
The Company also intends to apply for I.S.O. certification in
accordance with the I.S.O. 14001 standard for environmental management
systems. In short, Bancroft is convinced that it can conduct mining
operations in a completely safe and sustainable manner on an ongoing
basis that will meet standard environmental protection practices.
For inquiries from the public and media concerning the Monmouth Uranium
Project please contact Greenspirit Strategies at 1-877-54 GREEN or
1-877-544-7336. For shareholder and investor information please contact
investor relations at 1-866-860-2995.
ABOUT BANCROFT URANIUM INC. (OTC BB:BCFT.OB - News)
Bancroft Uranium Inc. is an exploration Company which intends to
develop Uranium assets in North America. Bancroft's initial asset, the
Monmouth Uranium Project is envisioned to have the potential of a low
cost, open pit uranium producer located close to infrastructure and end
product buyers.
Notice Regarding Forward-Looking Statements This news release contains
"forward-looking statements", as that term is defined in Section 27A of
the United States Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Statements in this press release which
are not purely historical are forward-looking statements and include
any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include, among
other things, the development, costs and results of our exploration
program at our uranium properties and any anticipated future
production. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and development stage exploration companies. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ
from those projected in the forward-looking statements. Although we
believe that the beliefs, plans, expectations and intentions contained
in this press release are reasonable, there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure outlined in
our annual report on Form 10-KSB for the most recent fiscal year, our
quarterly reports on Form 10-QSB and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD Bancroft Uranium Inc.
- - - - - - - - - - - - - - - - - - P. L. Hammond, C.A.
President and Chief Executive Officer To find out more about Bancroft
Uranium Inc. (OTC BB:BCFT.OB - News), visit our website at
www.bancrofturanium.com.
Contact: Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995
Source: Bancroft Uranium Inc.
For an in-depth analyst report, please visit :
www.SmallCapStockAnalyst.com
Genta Incorporated (Nasdaq: GNTA) Current Price (0.35)
www.SmallCapStockAnalyst.com BERKELEY HEIGHTS, N.J., May 30 - Genta
Incorporated (OTC Bulletin Board: GNTA - News) announced preliminary
results that have shown a high objective response rate in a pilot study
that incorporates the Company's lead oncology product, Genasense
(oblimersen sodium) Injection, in a chemotherapy program for patients
with advanced melanoma. In this study, Genasense was used to
potentially enhance the clinical activity of temozolomide (Temodar ;
Schering Plough, Inc.), the most commonly used anticancer drug for
melanoma, combined with Abraxane (paclitaxel protein-bound particles
for injectable suspension; Abraxis Bioscience, Inc.). The data will be
featured in a presentation at the annual meeting of the American
Society of Clinical Oncology (ASCO) in Chicago on June 1, 2008. Genta
Incorporated engages in the identification, development, and
commercialization of drugs for the treatment of cancer and related
diseases in the United States. The company's research portfolio
consists of two major programs: DNA/RNA Medicines and Small Molecules.
The DNA/RNA Medicines program includes drugs that are based on using
modifications of either DNA or RNA as drugs that can be used to treat
disease. This program includes technologies, such as antisense, decoys,
aptamers, and small interfering or micro RNA. Its product Genasense,
designed to block the production of a protein known as Bcl-2, which is
used for the treatment of malignant melanoma, chronic lymphocytic
leukemia, multiple myeloma, acute myelocytic leukemia, nonsmall-cell
lung cancer, prostate cancer, small-cell lung cancer, breast cancer,
colorectal cancer, nonHodgkin's lymphoma, kidney cancer, pancreatic
cancer, Waldenstrom's macroglobulinemia, hepatocellular carcinoma, and
childhood solid tumors. The Small Molecules program includes drugs that
are based on gallium-containing compounds. Its product Ganite, a phase
II product that is used as a treatment for cancer-related hypercalcemia
that is resistant to hydration used primarily for patients with
malignant lymphoma, bladder cancer, nonHodgkin's lymphoma, and other
cancer types. Genta was founded in 1988 and is based in Berkeley
Heights, New Jersey.
Golden Eagle International, Inc.
(OTC BB:MYNG) Current Price (0.006) www.SmallCapStockAnalyst.com SALT
LAKE CITY, UT---May 30, 2008 -- Golden Eagle International, Inc. (OTC
BB:MYNG.OB - News) today reported that it is in the final stage of
construction of its C Zone gold mill in eastern Bolivia. The Company
estimates that the C Zone gold mill will begin its preliminary
shake-out operations within the first 10 days of June and will commence
its initial production phase at 200 tpd of mineralized material before
the end of June 2008. Golden Eagle intends to incrementally expand its
C Zone gold mill over the first 6 months of operations to a final
projected capacity of 2,000 tpd. Golden Eagle International, Inc. is a
gold and copper exploration and mining company headquartered in Salt
Lake City, Utah and with offices also in Santa Cruz, Bolivia. The
Company is concentrating its efforts on expanding its pilot operations
into production operations on its gold project on the C Zone within its
136,500 acres (213 square miles) in eastern Bolivia's Precambrian
Shield. In addition, the Company is working with Washington Group
International, Inc. on a due diligence study on the Company's A Zone
Buen Futuro gold and copper project.
Micromem Technologies Inc.
(OTC BB:MMTIF) Current Price (1.74) www.SmallCapStockAnalyst.com
TORONTO, May 30 - Micromem Technologies Inc. (OTC BB: MMTIF - News;
"Micromem" or the "Company") announces that its Board of Directors has
adopted a shareholder rights plan (the "Rights Plan"). The Rights Plan,
which took effect May 29, 2008, has been adopted to ensure the fair
treatment of shareholders in the event of any take-over offer for the
Company's common shares. Micromem Technologies, Inc.
(www.micromeminc.com) is focused on the development of magnetic random
access memory (MRAM) technology. We believe that once fully developed,
this technology will be suitable for various applications including,
without limitation, Radio Frequency Identification (RFID). It is
anticipated that RFID will be Micromem's first market objective.
Micromem's primary technology was developed pursuant to an exclusive
world wide commercial license issued by the University of Toronto
("UT"). Pursuant to the terms of the license, Micromem can buy out the
balance of its financial obligations with respect to the patents and
technology licensed by UT for a fixed fee. The MRAM development work
was undertaken in accordance with research collaboration agreements
among Micromem, the University of Toronto, Dr. Harry Ruda and OCE Inc.,
a not-for-profit corporation supported through the Ontario Ministry of
Economic Development and Trade's (MEDT) Ontario Centres of Excellence
program.
Argyle Security Acquisition Corporation
(OTC BB:ARGL) Current Price (6.15) www.SmallCapStockAnalyst.com SAN
ANTONIO--May 30--Argyle Security, Inc., (OTC BB:ARGL - News),
("Argyle") a service and solutions provider in the physical electronic
security industry, announced today that it is scheduled to present at
RedChip's upcoming Small Cap Investor Conference on Thursday, June 5,
2008 at 3 P.M. Pacific Time. The event will be held at the Palace Hotel
in San Francisco, California. Argyle Security was established as a
special purpose acquisition corporation with the objective of effecting
a merger, capital stock exchange, asset acquisition or other business
combination with an unidentified operating business in the security
industry. Argyle Security's goal is to become a leading global company
that provides solutions for the physical electronic security industry.
Its channel focus will be Video Surveillance, Access Control,
Perimeter/Outdoor Protection, Intrusion Protection, Fire Detection and
Threat Analysis, serving selected commercial, governmental and
residential markets. Argyle Security was co-founded by Messrs. Marbut
and Chaimovski. In addition to Messrs. Marbut and Chaimovski, Argyle's
founding Board of Directors includes Gen. Wesley K. Clark and Mr. John
J. (Chip) Smith.
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