Advocat Inc. (Nasdaq:AVCA) a premier provider of long term care services primarily in the Southeast and Southwest, announced that Glynn Riddle, the Company’s Chief Financial Officer, has notified the Company that he intends to resign to pursue other interests and opportunities. In order to facilitate an orderly transition, his resignation will be effective as of March 31, 2012. The timing of his departure will allow the Company to complete its Annual Report on Form 10-K on time and will provide sufficient transition time for his responsibilities. The Company also announced that Sam Daniel has joined the Company as Executive Vice President.
Advocat Inc., together with its subsidiaries, provides long-term care services to nursing home patients. It offers health care, nursing, personal care, and social services to their patients and residents.
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Global Hunter’s (GBLHF)
Archaeological evidence suggests that people have been using copper for at least 11,000 years. Relatively easy to mine and refine, people discovered methods for extracting copper from its ores at least 7,000 years ago. The Roman Empire obtained most of its copper from the island of Cyprus, which is where copper’s name originated. Today, copper is primarily obtained from the ores cuprite (CuO2), tenorite (CuO), malachite (CuO3·Cu(OH)2), chalcocite (Cu2S), covellite (CuS) and bornite (Cu6FeS4). Large deposits of copper ore are located in the United States, Chile, Zambia, Zaire, Peru and Canada
Global Hunter’s focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
La Corona de Cobre, Chile:
+18,000 hectare land package in coastal belt of Andean Cordillera of Chile on the Atacama Fault Zone.(”Chilean Iron-Copper Belt”)
Project Highlights
- Copper oxide deposit, leachable
- Existing NI 43-101 Resource Estimate (225 million pounds of copper)
- Management with proven track record
- Highly qualified technical team
- Low operating costs of appr. $ 1.00/lb (preliminary calculation)
- Substatntial upside potential (resource covers less than 0.1% of total area)
Rabbit South, British Columbia:
1,900 hectare land package between two of British Columbia’s most successful copper mines (Afton and Highland Valley)
Project Highlights
- 1,900 hectares 26km from Kamloops, British Columbia, between the Afton and Highland Valley copper mines
- 86 holes drilled on property from 1979 to 2005
- Two large target areas identified
- Recent drilling confirms presence of wide-spread near-surface molybdenum mineralization
For more information http://www.globalhunter.ca/homeabout.html
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Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) announced that John H. Johnson , Chief Executive Officer and President of Savient will present at the 30th Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2012 at 10:30 AM Pacific Time . The conference will be held at the Westin St. Francis Hotel in San Francisco, CA. A live webcast of the presentation can be accessed through the investor relations section of the Company’s website at www.savient.com. Following the live presentation, a replay of the webcast will be available on the Company’s website for 30 days.
Savient Pharmaceuticals, Inc. operates as a specialty biopharmaceutical company in the United States.
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Compugen Ltd. (NASDAQ:CGEN) announced that it will significantly broaden and accelerate its monoclonal antibody (mAb) activities for oncology and immunology within its ongoing Pipeline Program. The expanded activities will include a significant increase in the number of mAb candidates being developed in parallel against Compugen-discovered targets in the Pipeline Program, and the planned in-house establishment of certain key mAb preclinical development capabilities that were previously intended to be obtained solely from third parties.
Compugen Ltd. operates as a drug and diagnostic discovery company based on computer-based discovery capabilities to predict and select novel product candidates.
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