PWRM.OB, LIFE, TGMP.OB, ABX, & SILA.OB: Life Technologies and SG Biofuels Complete Sequence of Jatropha Genome

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POWER 3 MEDICAL PRODUCTS (OTC BB: PWRM.OB)

PWRM pursues an aggressive intellectual property strategy to protect its inventions and discoveries made on its own and with its collaborators. Power3 Medical works with key physician scientists at major medical research and treatment centers. With access to decisive human clinical samples and superior trade secret proteomic methodologies, the Company provides solutions to pressing challenges in diagnosis and treatment of patients and has concluded research agreements, technology license agreements, and filed provisional and utility patents. Power3 is also adding additional layers of research and license agreements, patent filings, and trade secrets, as its technology and product portfolio develops, to cover:

 

Processes - The manner in which the discoveries are made and tests developed
Discoveries - Protein disease footprints,
Products - Early detection tests, Biomarkers, and Drug Targets

The intellectual property that Power3 has and continues to pursue today covers the product areas of breast cancer, neurodegenerative diseases, and drug resistance.

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Life Technologies Logo

Life Technologies Corporation (NASDAQ: LIFE)

Life Technologies is a global biotechnology tools company dedicated to improving the human condition. Our systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. Life Technologies had sales of $3.3 billion in 2009, employs approximately 9,000 people, has a presence in approximately 160 countries, and possesses a rapidly growing intellectual property estate of approximately 3,900 patents and exclusive licenses. Life Technologies was created by the combination of Invitrogen Corporation and Applied Biosystems Inc., and manufactures both in-vitro diagnostic products and research use only-labeled products. For more information on how we are making a difference.

Life Technologies, a provider of innovative life science solutions and SG Biofuels, Inc., a bioenergy crop company, today announced they have completed sequencing the Jatropha curcas genome to 100x coverage, using the SOLiD™ 4.0 System by Life Technologies. The sequence significantly accelerates the identification of key traits for the oilseed-producing crop and advances its development as a high yielding, low-cost source for next generation biofuel.

Working in strategic alliance with Life Technologies, SG Biofuels will use the sequence to generate a high quality Jatropha reference genome. The genome will be compared to sequences generated from SG Biofuels’ germplasm library of more than 6,000 unique Jatropha genotypes – the largest and most diverse collection of Jatropha germplasm in the world – to identify molecular markers and trait genes to accelerate development of elite cultivars with vastly superior yields and profitability. This work will also advance the introduction of transgenic plants with further improved traits.

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American Power Corp. (OTC.BB:TGMP)

American Power Corp. is a publicly traded, dynamic energy company based in Denver, Colorado. The Company was established with the focus of acquiring near-term, large-scale advanced coal projects in close proximity to national transportation links. American Power envisions developing its large coal resources to support electricity generation.

American Power Corp. reported recently that the Board appointed mining executive Mr. Al Valencia as President and Chief Executive Officer (CEO) on August 1st, 2010.

Mr. Valencia’s mining experience is matched by his experience in investment banking and corporate finance. Having earned an M.A. in Economics from Syracuse University, New York, he has held various positions in New York, Washington, DC, and in Latin America. Mr. Valencia has been involved at both the corporate and government level in mining related projects, including working for the Peruvian government and in association with various investment banks such as Credit Suisse on the privatization of mining units (copper, zinc, and lead) in Peru valued in the hundreds of millions of dollars.

“I’m very excited with my appointment as American Power’s new President and CEO,” commented Mr. Valencia. “With nearly 30,000 acres in Montana’s Judith Basin County, we have significant holdings with high potential. Now we can move forward and build on the previous exploration work conducted by ExxonMobil in 1979 and the findings of several other reports on the property that indicate there is up to 410+ million tons of high volatile bituminous coal in place. That’s a tremendous opportunity to be part of, and I’m looking forward to maximizing its potential.”

More about TGMP at www.americanpowerco.com

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Barrick Gold Corporation (NYSE:ABX)

Barrick Gold Corporation is the gold industry leader, with interests in 26 operating mines and a pipeline of projects located across five continents, in addition to large land positions on some of the most prolific mineral districts.

Barrick Gold Corporation reported yesterday that it will redeem on October 20, 2010 (the “Redemption Date”) all of its outstanding Placer Dome 2.75% Convertible Senior Debentures due 2023 (CUSIP 725906AK7 and CUSIP 725906AJ0) issued by Placer Dome Inc. (the “Debentures”). On redemption, Barrick will pay to the registered holders of the Debentures a redemption price of 100.825% of the principal amount outstanding, plus accrued and unpaid interest to the Redemption Date, for a total of $1,008.56 per $1,000.00 principal amount of Debentures. The aggregate principal amount of Debentures currently outstanding is $229,170,000. Payment of the redemption price and accrued interest shall be made through normal DTC procedures.

Upon compliance with the terms and conditions of the Debentures, the Debentures may be surrendered for conversion at any time prior to 5:00 p.m. (ET) on October 19, 2010. The conversion rate in effect as of June 1, 2010 is 40.8296 common shares of Barrick (”Common Shares”) per $1,000.00 principal amount of Debentures. As of 5:00 p.m. (ET) on October 19, 2010, the Debentures shall cease to be convertible into Common Shares. Barrick intends to use available funds to redeem any and all unconverted Debentures.

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Gold American Mining Corp (SILA.OB)

Gold American Mining Corp was incorporated in 2007 under the name of Silver America Inc. The company recently underwent a name change to Gold American Mining Corp on June 23rd, 2010. The company is engaged in exploration and acquisition of precious metals and mineral resource properties in United States. The company has also several international properties. Its main properties include Keeno Strike project in Clark County, Nevada and Guadalupe project located in Zacatecas State, Mexico .

Mostly everything Gold American Mining Corp does is in vein.

Good thing, too, because that’s where high-grade gold and silver is found. The company’s latest project is the option agreement it signed earlier this month to acquire a 100 percent interest in the 439.8-acre high-grade silver-gold La Escondida Project located in Sonora State, Mexico.

The surrounding region has seen significant recent activity by foreign mining companies. Nineteen miles to the northeast of the property is NYSE-listed Yamana Gold Inc.’s Mercedes project, a development stage gold-silver project expected to start production at a rate of approximately 120,000 gold-equivalent ounces per year from 2012. Eighteen miles to the north of Gold American’s La Escondida project is the Oroco Resources Corp.’s Cerro Prieto project, which recently reported 383,833 ounces of gold and over 6 million ounces of silver reserves.

“The La Escondida project is a valuable addition to our growing project portfolio,” commented Johannes Petersen, President of Gold American. “It has an exciting potential to host a gold-silver deposit and the property’s infrastructure is excellent. A sampling program carried out at the end of 2009 showed that the property contains multiple targets with high-grade silver grades and good values of gold and lead. Several of the target zones remain open in at least one direction, and it has been determined that historic workings reached only the 30 meters depth level. These findings are significant in that there is the potential, with additional exploratory work, to show mineralization over much greater strike lengths and depths.”

Gold American Mining Corp., SILA.OB, precious metal exploration, acquisitions, gold and silver production potential, Guadalupe,Property, Keeno Strike Property, Mexico, Nevada, La Escondida Project, Sonora State

 

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