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Home > (ATK, NUE, CRWE, MJS.V, UTL) Notable Stocks by PennyGovernance.com

(ATK, NUE, CRWE, MJS.V, UTL) Notable Stocks by PennyGovernance.com

July 30th, 2011 at 11:24 am





Alliant Techsystems Inc. (NYSE:ATK) and teammate BAE Systems announced their industry team has been awarded a $109-million contract by the U.S. Navy for the Engineering and Manufacturing Development (EMD) of the Joint and Allied Threat Awareness System (JATAS), a next-generation warning system designed to enhance aircraft survivability against man-portable air-defense systems, small-caliber weapons and rocket-propelled grenades. The JATAS enhances aircraft survivability by providing advanced missile warning capability; aircrew warning of laser-based weapon systems such as range finders, illuminators, and beam riders; and hostile fire indication (HFI) for small arms, rockets, and other unguided threats. It will interface with the existing AN/ALE-47 Countermeasures Dispensing System.

Alliant Techsystems Inc. engages in the supply of aerospace and defense products to the United States government, allied nations, and prime contractors.

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Nucor Corporation (NYSE:NUE) announced that it has entered a partnership that will allow the company to support 20 veterans throughout 2012 with such vital services as therapy and vocational training. Nucor has agreed to partner with Continuing Developmental Services, Inc. and the CDS Warrior SALUTE Program, developed to help returning service members and their families with personalized life and job transition support.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials.

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Crown Equity Holdings Inc., (CRWE)

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

Online advertising can be more efficient than traditional advertising, since you can use social networks and search engines to promote your items, therefore resulting in maximum exposure to your target market. Moreover, since costs are some of the issues that are crucial in formulating promotional strategy, one benefit of online advertising is the fact that it is a cheaper alternative to other methods employed by businesses.

For more information, please visit their website: http://www.crownequityholdings.com

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Majestic Gold Corp. (MJS.V)

Majestic Gold Corp. (MJS.V) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Special properties of gold make it perfect for manufacturing jewelry. These include: very high luster; desirable yellow color; tarnish resistance; ability to be drawn into wires, hammered into sheets or cast into shapes. These are all properties of an attractive metal that is easily worked into beautiful objects. Another extremely important factor that demands the use of gold as a jewelry metal is tradition. Important objects are expected to be made from gold.

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. Compared to other countries, China's resource sector is relatively underdeveloped. Historical lacks of investment capital and new technologies have prevented many of its quality properties from being fully explored or developed. China is now establishing an open policy to encourage foreign investment in gold exploration and mining.

Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.

The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.

As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.

In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.

For more information please visit official website of MJS.V: http://www.majesticgold.net

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Unitil Corp. (NYSE:UTL) announced Earnings (Loss) Applicable to Common Shareholders of ($0.8) million for the second quarter of 2011, an improvement of $1.3 million compared to the second quarter of 2010. For the six months ended June 30, 2011, the Company reported net income of $7.9 million compared to $4.4 million for the same period of 2010. Results for the second quarter and year-to-date period were driven primarily by higher natural gas and electric sales margins reflecting increased sales and higher rates, partially offset by increases in operating and interest expenses. Earnings (loss) per common share were ($0.08) and $0.73 for the three and six month periods ended June 30, 2011, respectively, compared with ($0.19) and $0.41 for the same periods of 2010.

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the states of New Hampshire, Massachusetts, and Maine.

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