Archive for September, 2010

North American Gem Inc. Amends Terms of the Private Placement

North American Gem Inc. (CVE:NAG) reports it has amended the terms of the non-brokered private placement originally announced on August 4th, 2010. The Company, subject to the approval of the TSX Venture Exchange, intends to issue up to 12,500,000 units at a price of $0.08 per unit for total proceeds of up to $1,000,000. For complete news [...]

New Oriental Energy & Chemical Corp. Responds to NASDAQ Request for Plan to Achieve Minimum Shareholder Equity Requirement

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a China-based specialty chemical and emerging coal-based alternative fuel manufacturer, reported that on Friday, August 27, 2010, the Company outlined in a letter to the NASDAQ Stock Market the steps it is undertaking to achieve compliance with NASDAQ’s minimum shareholder equity requirement of $2,500,000.