Callaway Golf Company (NYSE:ELY) announced the October 14, 2011 retail availability of its 2012 line of golf footwear for men and women. Recognized worldwide for its performance-enhancing golf clubs, Callaway’s footwear products are developed with the same dedication to meaningful technology and authentic performance. Through an extensive portfolio of proprietary and licensed technology, Callaway footwear also delivers best-in-class comfort for a full day on the course. The 2012 line introduces several new styles, including the Company’s most advanced performance golf shoe to date, the RAZR.
Through an unwavering commitment to innovation, Callaway Golf Company creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf apparel, footwear and accessories, under the Callaway Golf�, Odyssey�, Top-Flite�, and Ben Hogan� brands in more than 110 countries worldwide.
Build-A-Bear Workshop, Inc. (NYSE:BBW) is inviting Guests to get their wish on. With brand-new furry friends from the latest holiday movies, classic and celebrity characters, hi-tech Kinect enabled bears, gifts that give back, holiday traditions, customized presents and fun stocking stuffers, Build-A-Bear Workshop will be on everyone’s wish list this year. Whether you are a grown up searching for the perfect stuffed animal for that special someone, or a child discovering the joy of creating a personalized furry friend, Build-A-Bear Workshop invites all of its Guests to check out the array of gift options that are sure to bring smiles long after the season is over.
Build-A-Bear Workshop, Inc. is the only global company that offers an interactive make-your-own stuffed animal retail-entertainment experience. There are more than 400 Build-A-Bear Workshop stores worldwide, including company-owned stores in the U.S., Puerto Rico, Canada, the United Kingdom and Ireland, and franchise stores in Europe, Asia, Australia, Africa, the Middle East, Mexico and South America.
MAJESTIC GOLD CORP (MJGCF.PK)
Many new uses of gold in electronic devices are visible in people’s everyday lives, such as the use of gold plating and bonding wires in the rapidly increasing smart-card market. Other uses are so visible, such as the increasing use of gold in automotive electronics, a market that is predicted to grow more and more per year.
Gold is used in a growing range of applications, including ignition control electronics, anti-lock brakes and electronic fuel injection. Where safety and reliability are important, gold can be relied upon to perform as required, even after many years of inactivity. So, for example, crash sensors for airbags are a classic example of the type of important application for which gold contacts are quite indispensable.
MAJESTIC GOLD CORP (MJGCF.PK) 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.
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 MAJESTIC GOLD CORP. visit its website: http://www.majesticgold.net
Hill International (NYSE:HIL), the global leader in managing construction risk, announced that Rocco R. Vespe, P.E., FCMAA, has joined the company’s Construction Claims Group as a Vice President. Vespe will be based out of Hill’s corporate headquarters office in Marlton, New Jersey.
Hill International, with 3,100 employees in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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