Pengram Corporation (OTCBB: PNGM) (the “Company”) announced today that it has entered into an option agreement to acquire the June Mineral Claims (the “June Claims”) in the Alberni Mining Division of the Province of British Columbia. The June Claims cover an area of approximately 250 acres located 5.5 miles southeast of Gold River, British Columbia.
The property was originally mined on a small-scale basis in the 1930s. There is approximately 120 feet of open cut workings on the property.
In 1946, a geologist with the BC Department of Mines took 31 samples from the property for assay. The samples assayed in a range from trace to 16 oz. per ton of gold and 22 oz. per ton silver, with the average of the 31 samples being over one ounce gold and five ounces silver. A number of the assays also contained copper, lead and zinc.
A small sampling program by an independent geologist in 1977 confirmed the existence of the same suite of mineralization on the property. Two samples taken across a vien exposed in workings on the property returned the following values:
Portrait Software, a leading provider of
insight-driven customer interaction software, today announced that
Forrester Research, Inc., a leading independent research firm, has named
Portrait a Leader in their inaugural Forrester Wave: Predictive
Analytics And Data Mining Solutions, Q1 2010 research report.
Forrester evaluated the top nine predictive analytics and data mining
(PA/DM) solution vendors across 53 criteria, segmenting them into the three
categories including current offering, product strategy, and market
presence. As a leader offering “mature, high-performance, scalable,
flexible, and robust PA/DM solutions,” Portrait received the 3rd highest
score for Product Strategy the 6th highest score for Current Offering.”
Among the vendor products the Forrester Wave evaluated were Portrait
Customer Analytics, Portrait Uplift Optimizer, and Portrait Self-service
Analytics. According to the Forrester Wave, “Portrait provides a
user-friendly,
feature-rich PA/DM solution portfolio in support of real-time scoring,
interaction optimization, uplift optimization, and campaign management for
customer analytics.”
“Powerful customer analytics have always been the core driver of Portraits
innovative marketing solutions, but analytics itself only takes you so
far,” said Luke McKeever, CEO, Portrait Software. “Portraits ability to
not only incorporate analytics but to action the insights they deliver
enables us to provide our customers with highly intelligent solutions that
help them operate as a customer-centric organization, differentiating them
from their competitors while simultaneously improving their marketing ROI.”
The report concludes, “With strong core PA/DM features, a solid group of
PA/DM-enabled customer analytics applications, and a highly differentiated
uplift modeling capability, Portrait positions its PA/DM tools and
applications as mature, feature-rich offerings for enterprises across all
verticals.”
COEUR D’ALENE, Idaho — Coeur dAlene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today
announced that it has completed the sale of $100 million of senior
unsecured notes (the “Notes”) under its effective shelf registration
statement on file with the U.S. Securities and Exchange Commission. In
conjunction with the sale of the Notes, the Company also sold shares of
its common stock valued at $3.75 million.
Mitchell J. Krebs, Coeur’s Chief Financial Officer, commented, “The
proceeds of these notes will be used in part to fund Coeur’s main
capital priorities in 2010, including construction of a final tailings
dam and underground development at the Palmarejo silver and gold mine in
Mexico as well as other projects to support the Company’s continued
growth.”
The principal of the notes is payable in twelve equal quarterly
installments, with the first such installment due on March 31, 2010.
Coeur has the option of paying amounts due on the notes in cash, shares
of common stock or a combination of cash and shares of common stock. The
stated interest rate on the notes is 6.50%, but the payments for
principal and interest due on any payment date will be computed to give
effect to recent share prices, valuing Coeur’s shares of common stock at
90% of a weighted average share price over a pricing period ending
shortly before the payment date. The effect of this computation will be
to cause the amount actually due for both principal and interest to be
greater than the stated amounts.
The Company will file a prospectus supplement with the Securities and
Exchange Commission relating to the offering of the notes and the shares
of common stock. This press release shall not constitute an offer to
sell or a solicitation of an offer to buy notes nor shall there be any
sale of such securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. A copy of the prospectus supplement may be obtained upon
written request to the Company at 505 Front Avenue, P.O. Box I, Coeur
dAlene, Idaho 83816.
consulting mining engineers