TCK, CRWE, MMS, EC Stock Market Report from PennyOtcStock

February 5th, 2012 The News Desk

Teck Resources Limited (NYSE:TCK) recently announced the closing of a $600,000 private placement in Strait Gold Corporation. Teck subscribed for 3,000,000 Units of Strait Gold (the “Units”) at $0.20 per Unit. Each Unit comprises one common share and one share-purchase warrant exercisable at $0.25 within 12 months of closing of the placement or at $0.35 by December 31, 2013. The shares, and shares that would be issued on exercise of the warrants, represent 10.56% of Strait Gold’s issued shares, calculated on a partially diluted basis assuming the exercise of the warrants only. The securities issued to Teck are legended and restricted from trading until April 17, 2012. Teck will have the right to participate in future financings to maintain its percentage interest in Strait Gold. The funds will be used by Strait Gold for general working capital.

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy.

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Crown Equity Holdings Inc. (CRWE.OB) recently reported that its Board of Directors has adopted a resolution to a dividend consisting of one common share of its subsidiary Crown Tele Services Inc. for every 100 shares of Crown Equity Holdings Inc. common shares. Fractional shares will be rounded up to the next whole share.

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The dividend was provided to all shareholders of record on January 15, 2012.

After becoming a publishing company CRWE has been evolving in a worldwide online multimedia advertising publisher.

CRWE offers advertising branding and marketing services as a worldwide online multimedia publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE’s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.

CRWE’s focus is on the distribution of current information to a target audience which advertisers want to reach. To grow they must diversify and the CRWE’s family continues to expand.

CRWE’s family consist of CRWE Domains, CRWE Real Estate, CRWE Tube, CRWE Newswire, Crown Teleservices, CRWE Direct, CRWE AD Services, CRWE Finance and CRWE Press Release.

The company’s CRWE Direct (www.crwedirect.com ) expects to make it easy for millions of buyers and suppliers around the world the way to do business online. Buyers and suppliers can register for free at CRWE Direct and get integrated immediately into the global business network.

CRWEDirect is empowering small to mid-sized businesses to search a world of suppliers and manufacturers to create a custom-fit partnerships to make their business more successful.

Whether you’re a new entrepreneur or an import/export pro, find the suppliers and manufacturers you need to help make your endeavor a success.

CRWE Newswire’s ( www.crwenewswire.com ) services include news releases, photos and multimedia covering the latest news, mergers and acquisitions, product announcements, and dozens of other subjects in more than 100 industries.

CRWE’s Crown Tele Services (www.crownteleservices.com ) is a provider of affordable, world class (VoIP) communications solutions.

Crown Equity Holdings’ CRWE AD Services (www.crwe-adservices.com ) is a full service multimedia advertising company specializing in internet marketing and the company’s latest addition, CRWE Tube ( www.crwetube.com ) a video sharing site, allows billions of people around the world to upload, watch and share original videos.

With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses may need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.

More about CRWE at www.crownequityholdings.com.

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MAXIMUS, Inc. (NYSE:MMS), a leading provider of government services worldwide, recently announced that it has signed a contract to provide employment services under the new Employment Program of British Columbia. The five-year base contract may be extended up to two years, for an estimated total value of $63 million (USD) if the contract is extended for the full seven years. Launching in April 2012, the program will provide a one-stop approach for job seekers to access a variety of diverse employment services through WorkBC Employment Services Centres in communities across British Columbia.

MAXIMUS is a leading health and human services administrator for governments in the United States, United Kingdom, Canada and Australia.

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Ecopetrol S.A. (NYSE:EC) recently reported that under amendment (Otro Si) No.1 to the COP$2.2 trillion (approximately US$1 billion ) syndicated loan facility executed with a syndicate of local banks in May 2009 , participating banks agreed to replace the guarantees, which originally included a pledge over shares held directly or indirectly by Ecopetrol S.A. in Refineria de Cartagena (Reficar), Oleoducto Central S. A. (Ocensa), and Polipropileno del Caribe S.A. (Propilco), with a closed-end pledge over shares held directly by Ecopetrol in Hocol Petroleum Limited (HPL), Offshore International Group and Polipropileno del Caribe S.A. (Propilco).

Ecopetrol is Colombia ’s largest integrated oil & gas company, where it accounts for 60% of total production. It is one of the top 40 oil companies in the world and the fourth largest oil company in Latin America .

 

 

 

 

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