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PennyStockScholar.com: Atna Resources Ltd. (OTCBB: ATNAF), Elephant Talk Communications, Inc. (OTCBB: ETAK), Flint Telecom Group Inc. (OTCBB: FLTT): Join FREE Today & Get Our Next Big Pick!(M2 PressWIRE Via Acquire Media NewsEdge) To subscribe to this FREE service, visit the Stock Report home page at http://www.PennyStockScholar.com and Sign up Free for "Daily Stock Alerts". ___________________________________________________________________________ Visit: http://www.PennyStockScholar.com for Free "Daily Stock Alerts". Atna Resources Acquires Pinson Gold Mine GOLDEN, Colo., Aug. 11, 2011 -- Atna Resources Ltd. ("Atna" or the "Company") (TSX:ATN/ OTCBB:ATNAF) is pleased to announce it has signed an Asset Purchase and Sale Agreement with Pinson Mining Company("PMC"), a subsidiary of Barrick Gold Corporation, to acquire PMC's 70 percent interest in the Pinson Mine, located in Humboldt County, Nevada. On closing, Atna will also sign a non-exclusive Ore Milling and Gold Purchase Agreement with an affiliate of PMC allowing for processing of Pinson Mine ores at Barrick's Goldstrike processing facilities. "Unlocking value from the Pinson Mine has been a stated goal for the Company. By consolidating control of this project in Atna, we believe that the Company will be able to achieve this goal," states James Hesketh, Atna's President & CEO. "This acquisition gives Atna 100 percent control of a high grade gold resource located on the prolific Getchell gold belt of northern Nevada. At a cost of approximately $15.50 per gold resource ounce acquired, not including the value of lands swapped, we believe that this transaction provides significant accretive value to Atna's shareholders. In addition to the near term gold production potential, we believe that Pinson has substantial potential for resource expansion. We also welcome Barrick as a significant new shareholder of Atna as a result of this transaction." This acquisition will consolidate Atna's ownership of the mineral resources at the Pinson Mine. The estimated mineral resources of the Pinson Mine as reported in its June 2007, NI 43-101 Technical Report are set forth below: > > Atna's future plans for this project include the completion of a feasibility study to define an underground development plan and to provide an updated estimate of mineral resources and proven and probable ore reserves. Early tasks will include the retention of an underground mining contractor, driving secondary access, test mining and ore stope delineation work. The Company's goal is to develop a project capable of producing between 50,000 and 100,000 ounces of gold per year at competitive production costs. Atna is acquiring PMC's 70 percent interest in the four square miles of land (2,480 acres) that contains the currently estimated mineral resources. Interests in lands formerly held by Atna's joint venture with PMC outside of the four sections being purchased by Atna, will become the property of PMC. Each party will assume the environmental liabilities and permit obligations associated with the respective land positions. Atna's joint venture with PMC will be terminated as part of this transaction. In addition to the land interest received by PMC, Atna will pay $15.0 million in cash, plus 15 million common shares of Atna, which will be subject to a standard four month hold period. PMC retains a 10 percent net profits royalty that will be triggered after the first 120,000 ounces of gold are produced. Atna has arranged a $20 million Credit Agreement with Sprott Resource Lending Partnership ("Sprott") to finance the monetary portion of the acquisition. The term of this facility is one year, with an optional one-year extension based on meeting certain criteria or at Sprott's discretion. Interest on any unpaid principal balances shall accrue at an annual rate of 9.0 percent compounded monthly. Atna also paid a structuring fee of $150,000 and, as consideration for advancing the facility, will pay an arrangement fee of $700,000. This fee is payable in common shares of Atna determined on the basis of a price per share equal to a 10 percent discount to the five day volume-weighted average trading price of the shares on the Toronto Stock Exchange immediately prior to the date the facility is advanced. The credit facility is contingent upon completion of the acquisition. Closing the Pinson acquisition and related financing are each subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance of the Toronto Stock Exchange. This press release was prepared under the supervision and review of William Stanley, V.P. Exploration of Atna, a Registered Member of the Society for Mining, Metallurgy, and Exploration, a Licensed Geologist and Qualified Person and Mr. Stanley has verified the authenticity and validity of the technical information contained in this news release. For additional information on Atna Resources and the Pinson Mine project, please visit our website at www.atna.com. > This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation relating to completion of the acquisition, resource expansion potential, mine development, gold production, and economic potential at the Pinson property. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change, unless required by law. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: gold production and operating costs, the Company might encounter problems such as the significant depreciation of metals prices; accidents and other risks associated with mining exploration and development operations; the risk that the Company will encounter unanticipated geological factors; the Company's need for and ability to obtain additional financing; the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration and development programs; and the other risk factors discussed in greater detail in the Company's various filings on SEDAR (www.sedar.com) with Canadian securities regulators and its filings with the U.S. Securities and Exchange Commission, including the Company's 2010 Form 20-F dated March 23, 2011. Cautionary Note to U.S. Investors --- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this report, such as "measured," "indicated," "inferred," and "resources," that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. ___________________________________________________________________________ Visit: http://www.PennyStockScholar.com for Free "Daily Stock Alerts". ValidSoft Technology Can Prevent Cybercriminals From Cashing In on Their Fraudulent Activities LONDON -- 08/11/11 -- At a time when cybercriminals worldwide are hacking into banks, credit cards, phones, and customer databases, this company has the technology to detect and prevent fraudulent activity in milliseconds, while preserving consumer privacy. ValidSoft (www.validsoft.com), a London-based subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), has the technology, today, as the U.S. Congress and financial industry groups are considering solutions that are fast, accurate, and protect privacy. "Fast and accurate detection of fraudulent activity, with no inconvenience, embarrassment, or intrusion into consumer privacy, are among the most effective solutions to cyberfraud," said Patrick Carroll, ValidSoft, CEO. "It's impossible to stop all thefts of account data, but it is possible to stop criminals from using information they have stolen. That's where ValidSoft has a valuable role to play." As the U.S. Congress explores solutions to curb cyberfraud, Carroll urged legislators and regulators to consider the European approach that ensures consumer privacy from the outset. With this consideration at the forefront, ValidSoft is the only security company in the world that has been awarded the stringent European Privacy Seal for its Card fraud prevention solution, VALid-POS, Carroll said. In addition to detecting fraud faster and more accurately, ValidSoft uses real-time, high-precision Proximity Correlation Logic(TM) that operates at high speed within the transaction authorization, invisibly to the consumer. And, the ValidSoft platform is powerful enough to support up to 400,000 lookups per second. Specifically, how does it work? By correlating the cardholder's mobile phone with the origination of an ATM or Point of Sale (POS) transaction, ValidSoft determines if the cardholder is in proximity to the transaction. If the cardholder's cell phone is in New York but the card is presented in Mexico, it's likely a fraudulent transaction. With respect to privacy, ValidSoft operates an anonymous, encrypted service for which it received the prestigious European Privacy Seal (EuroPriSe). The need for transaction security could not be greater, as pointed out by technology analyst Noah Shactman of the Brookings Institution in a recent Washington Post op-ed: http://www.washingtonpost.com/opinions/a-crime-wave-in-cyberspace/2011/07/21/gIQAYfbIUI_story.html In response to cyber threats, the Obama Administration has sent to Congress its comprehensive cybersecurity proposal. In Congress, judiciary subcommittees in both the U.S. House and Senate have held hearings this year with an eye to finding solutions to cybersecurity and privacy protection. See: http://judiciary.house.gov/hearings/printers/112th/112-38_66541.PDF http://judiciary.senate.gov/hearings/hearing.cfm?id=e655f9e2809e5476862f735da16e1bbe About ValidSoft ValidSoft is a subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), and is a market leader in providing solutions to counter electronic fraud relating to card, the Internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both parties to a transaction (Mutual Authentication), and the integrity of the transaction itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information, please visit (www.validsoft.com). About Elephant Talk Communications Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit (www.elephanttalk.com). ___________________________________________________________________________ Visit: http://www.PennyStockScholar.com for Free "Daily Stock Alerts". Flint Telecom Extends Planned Closing Dates for VoIP Provider Acquisitions OVERLAND PARK, KS -- 08/11/11 -- Flint Telecom Group Inc. (http://www.flinttelecomgroup.com) (OTCBB: FLTT), an international telecoms technology and services organization, today updates shareholders on the status of previously announced letters of intent to acquire U.S. based VoIP service providers that it has extended the planned closing dates for two of the three transactions. Due diligence on the third potential acquisition will continue on a non-exclusive basis. Flint management has taken this decision with the agreement of the parties involved to allow Flint progress ongoing negotiations with potential debt providers for the transactions in order to avoid using equity as the sole funding source given recently low share prices that would not be beneficial to shareholders at this time. On June 16, 2011, Flint updated shareholders on the previously announced letters of intent to acquire three regional VoIP and telecom service providers with current annual revenues in excess of $2 million, $1.5 million and $3 million per year respectively. All of the planned acquisitions have existing customers, sustained revenue streams and positive net income from delivering next generation VoIP and data services to small and medium sized enterprises within the United States. When ultimately completed, the three acquisitions would be immediately revenue and gross margin enhancing to Flint with net income of approximately 10%. Once fully consolidated, Flint management expects that the operating costs will be further reduced due to shared common services and network cost reductions that will deliver higher net incomes than are generated individually. Details of each transaction will be announced as definitive agreements are completed. Vincent Browne, Chairman and Chief Executive of Flint Telecom Group, said, "We have structured these acquisitions to make them as cash neutral as possible with some cash at closing, deferred cash payments with stock and performance related earn-out elements. However, our recent share price means we would have to issue more shares than we had originally planned to complete these transactions within expected timeframes so we have opted to extend the closing dates where possible, to allow us continue our discussions with both existing and new debt holders and to review the share price moving forward in order to minimize the dilution to existing shareholders. We do not believe that existing shareholders would be best served at these levels. We will continue our negotiations with the acquisitions, and new funding providers to enable us close the transactions as soon as it is more economical to do so and will update existing and potential shareholders as we progress these discussions." About Flint Telecom Group, Inc. Flint Telecom Group Inc. is an international telecoms technology organization with a portfolio of companies that deliver VoIP and wireless communications and prepaid financial products and services globally. Headquartered in Overland Park, Kansas with offices throughout the US, India and Ireland, Flint Telecom Group is a fully reporting company trading on the OTC Bulletin Board (OTCBB) under the ticker symbol: FLTT.OB. Flint Telecom ranked number 72 in the 2010 Deloitte Technology Fast 500(TM), Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Flint Telecom was founded by a team of telecom and technology experts with a proven track in building and maintaining international technology companies. Additional information may be found at www.flinttelecomgroup.com This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. ___________________________________________________________________________ About PennyStockScholar.com PennyStockScholar.com alerts traders on stocks that are positioned to uptrend sharply in the near-term by providing in-depth fundamental research and technical chart analysis that could assist in making better decisions from the many emerging Companies that have high growth potential. Penny Stock Scholar disseminates breaking news, press releases, and alerts on the hottest stocks in the penny stock market. PennyStockScholar.com email alert service is a free service provided on our website. 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