Brown-Forman Corporation (NYSE:BF-B) received a perfect score of 100 points on the Human Rights Campaign’s (HRC) 2012 Corporate Equality Index (CEI) for the second consecutive year. A total of 636 U.S. businesses were rated this year with 190 receiving a perfect 100 points in lesbian, gay, bisexual, and transgendered (LGBT)-related policies and practices. Brown-Forman is the only Kentucky-based company to receive a 100 rating.
For 140 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Southern Comfort, Finlandia, Jack Daniel’s & Cola, Canadian Mist, Korbel, Gentleman Jack, el Jimador, Herradura, Sonoma-Cutrer, Chambord, New Mix, Tuaca, and Woodford Reserve.
Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Gold solder is used to join golden jewelry pieces together. Golden thread is used in embroidery. Gold can be hammered into very thin sheets and wires due to its malleability and ductility. Gold is used as a medium of exchange and as financial backing for currency in the form of gold coins, bars, ingots etc. Gold has been used in the past in dentistry. As it is not at all corrosive, golden teeth were used as dental fillings. Gold is used in the manufacturing of religious objects like crosses and communion ware. Gold is used in medals and awards due to its purity and high value. Gold is used in the making of many surgical instruments, electronic equipment and life supporting devices because it is not reactive.
Majestic Gold Corp. (MJGCF.PK) 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 about company: www.majesticgold.net
CANTEL MEDICAL CORP. (NYSE:CMN) reported a 25% increase in net income to $6,220,000 , or $0.35 per diluted share, on a 30% increase in sales to a record $93,262,000 for the first quarter ended October 31, 2011 . This compares with net income of $4,975,000 , or $0.29 per diluted share, on sales of $71,993,000 for the first quarter ended October 31, 2010 .
Cantel Medical Corp. is a leading provider of infection prevention and control products in the healthcare market.
The Hertz Corporation (NYSE:HTZ) has announced that European, American and Middle Eastern travellers craving a taste of Abu Dhabi and Dubai’s sandy beaches and sunny weather can make significant savings on their car rental this winter as well as cash in on bonus air travel points. Hertz UAE is now offering reductions of up to 15% on its car rental rates and double bonus air travel points with Emirates Airlines, Etihad Airways, Qatar Airways, Lufthansa and Air France for visitors to the Emirates when they book a Hertz UAE rent-a-car. Reservations can be booked directly from http://www.hertz.co.uk using CDP 754898 and PC 165874 discount codes. The offer applies to all car groups for rentals of up to 20 days in duration and excludes extras. All vehicles must be booked and picked up by January 15 th, 2012.
Hertz is the world’s largest general use car rental company, operating from over 8,500 corporate locations in 146 countries worldwide. Hertz is in its 93rd year of delivering quality car rental solutions to leisure and corporate customers.
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