TMCnet News

Briefing - Emerging Energy Company Engages Investment Banking Firm for Raising Capital for Production Efforts
[January 11, 2013]

Briefing - Emerging Energy Company Engages Investment Banking Firm for Raising Capital for Production Efforts


CORAL SPRINGS, Florida, January 11, 2013 /PRNewswire via COMTEX/ -- FinancialNewsMedia.com "Active Energy Companies to Watch" for today: VSUS Technologies, Inc. (OTC:VSUT), Peabody Energy Corp. (NYSE:BTU), Cliffs Natural Resources Inc. (NYSE: CLF), Tesoro Corporation (NYSE:TSO) and Alpha Natural Resources, Inc. (NYSE: ANR) Headline News: VSUS Technologies, Inc. (OTC:VSUT) released breaking news this week that that the Company has engaged an investment banking firm to assist in corporate financing.



Stay informed on VSUS Technologies, Inc. developments by getting news alerts & updates delivered directly to your mobile phone by texting VSUT to 545454 from your cellular device or visit http://vsus.mobi for more details.

VSUS Technologies Inc. recently reached a major milestone by registering their Works Programme with the National Mining Agency in Colombia and anticipates approval of their mining permit within the next several weeks. This news was then followed up with this week's corporate developments revealing VSUT has engaged an investment banking firm to assist in raising the capital needed to get their La Tabaquera Metallurgical Coal Mine into production. The terms of any financing will be disclosed at the appropriate time. Furthermore, the Company anticipates closing on the acquisition of an operating subsidiary in Colombia by the end of January in efforts to continue to make progress in this South American hotbed for coal mining.


The company also announced this week that it has changed its name to New Colombia Resources, Inc. with the state of Delaware. The Company has filed for a new cusip number and anticipates filing with FINRA for a new symbol in the next few days. "We felt a name change was necessary to reflect the direction of the company emphasizing that Colombia is a New Colombia with vast untapped human and natural resources," stated John Campo, President of New Colombia Resources, Inc.

VSUT closed up 7.26% on Tuesday (12/18/12) at just slightly under $0.04 price per share. Globally, many analysts predict coal will actually overtake oil to become the world's single-largest power source over the next five years, thanks to strong growth in demand from world markets including China and India. The critical point for individual investors is to find the stable and secure players in the coal sector - companies like VSUS Technologies, Inc. (OTCQB: VSUT) could have a bright, long-lasting position in the global coal trade. For more information on VSUT visit their website at http://www.vsustechnologies.com Active Energy Leaders to keep a close eye on are: Peabody Energy Corp. (NYSE: BTU) is trading 32% below its 52-week high and has 24% upside potential based on the consensus mean target price of $32.61 for the company. Fundamentally, Peabody has some positives. The company has a PEG ratio of .61. Peabody is trading for 11.66 times free cash flow and 20% over book value. EPS for the next five years is expected to rise by 15%. The company pays a dividend with a yield of 1.27%. BTU closed up 1.29% on Thursday 01/10/13 on over 4.31Million shares traded.

Cliffs Natural Resources Inc. (NYSE: CLF) is trading 50% below its 52-week high and has 19% upside potential based on the consensus mean target price of $44.63 for the company. Fundamentally, Cliffs has several positives. Cliffs pays a dividend with a yield of 6.58%. The company has a forward P/E of 12.80. Cliffs is trading for a 15% discount to book value. EPS is up over 50% this year. The company has a net profit margin of 16.28% and the current ROE is 15%. CLF closed up 1.04% on Thursday 01/10/13 on over 6.28Million shares traded.

Tesoro Corporation (NYSE:TSO), a Fortune 150 company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates seven refineries in the western United States with a combined capacity of approximately 675,000 barrels per day. TSO announced this week that it plans to release its earnings for the fourth quarter 2012 after the market closes on Wednesday, February 6, 2013. TSO closed up 5.88% on Thursday 01/10/13 on over 4.9Million shares traded.

Alpha Natural Resources, Inc. (NYSE: ANR) is trading 58% below its 52-week high and has 12% upside potential based on the consensus mean target price of $11.07 for the company. Fundamentally, ANR has some positives. EPS for the next five years is expected to rise by 20%. ANR is trading for approximately a 55% discount to book value. On the negative side, the company has a net profit margin of -41%; a negative ROE of -45.70% and EPS is dropping substantially quarter over quarter. ANR closed down 1.31% on Thursday 01/10/13 on over 16.2Million shares traded.

Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. You can also get breaking news first with our FREE SMS Text Alerts formatted specially for mobile phones by texting STOCKS to 545454 from your cellular device. (SMS alerts are free; however standard message & data rates may apply. Check with your carrier for more details.) Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge investor outreach solutions, contact us now at [email protected] or visit us at http://www.financialnewsmedia.com.

DISCLAIMER: FN Media Group LLC (FNMG), a third party publisher and news dissemination service provider, owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was not compensated on behalf any company named herein. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information: Company: FinancialNewsMedia.com Contact email: [email protected] U.S. Phone: 1(954)345-0611 U.K. Phone: +44-870-8200239 URL: http://www.financialnewsmedia.com SOURCE FinancialNewsMedia.com

[ Back To TMCnet.com's Homepage ]