Posts tagged "Ridge"

Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Auryn Reports Remaining RAB Drill Results from 2016 Program and Identifies Two New High-Grade Boulder Trains at Anuri and Ridge Prospects

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Auryn Resources Inc. (TSX:AUG)(OTCQX:GGTCF) (“Auryn” or the “Company) is pleased to announce results from its 2016 drill and boulder-sampling programs from its Committee Bay gold project located in Nunavut, Canada. Auryn successfully intersected gold in the majority of the RAB holes drilled across a set of east-west trending structures at Anuri that were the primary focus of the 2016 drill program. Highlights from the drilling include; 9.14 meters at 1.04g/t Au, 7.62m @ 1.05g/t, and 3.05m @ 2g/t Au (see Figure 1). The structure intersected is interpreted by Auryn to be a secondary structure based on the discovery of a new high-grade boulder train at Anuri that has a source along a prominent regional north-south trending fault zone adjacent to the 2016 drilling area (see Figure 1). The top 5 samples from the new boulder train are as follows: 45.9g/t Au, 41.5g/t Au, 33.3g/t Au, 14.55g/t Au, and 12.65g/t Au. Shawn Wallace, President and CEO stated, “The progress at the Committee Bay project achieved over the last two years has been significant. We have completed extensive surface work over 85% of the nearly 300km long greenstone belt and importantly have drastically reduced […]

Read more...

Posted by admin - November 25, 2016 at 9:24 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , , , , , , , , , , ,

Penny Stock News: Blue Ridge Bankshares, Inc. Announces New Board Member

Contact Us Journalists Blog Log In Sign Up Send a Release News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture Nov 01, 2016, 17:28 ET Preview: Blue Ridge Bank Announces New Chief Banking Officer Release contains wide tables.View fullscreen. News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture PR Newswire: OTC, SmallCap

Read more...

Posted by admin - November 17, 2016 at 5:12 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , ,

Penny Stock News: Rock Ridge Reports 2015 Annual Profit Of $ 7,155,000

LAS VEGAS, March 17, 2016 /PRNewswire/ — The Board of Directors of Rock Ridge Resources, Inc. (Pink Sheets: RRRI) are pleased to provide their shareholders and the investment public a financial overview of the company’s 2015 performance along with a forecast for 2016.  Rock Ridge Resources today reported their annual report with OTC Markets. The following is a summary breakdown of that report: 2015 Overview In 2015, the Company produced an annual income of $ 14,355,000 with a record net income of $ 7,155,000 compared to 2014 year end annual income of $ 11,936,000 with a net income of $ 5,776,000. These numbers combine the oil factoring operations and real estate division along with Serenity Lodge, a wholly owned subsidiary of the Company.  Further financial information for Rock Ridge Resources, Inc. (RRRI) is available on our “News Release” page, including the Consolidated Unaudited Statements of Income-Tax Cash Basis Reporting for the twelve months which ended December 31, 2015. “We attribute our 2015 success to improved client services, streamlined processes, implementation of new technologies, and first class employees,” said Daniel Voorhees, President and CEO of Rock Ridge Resources and Serenity Lodge.  “Serenity Lodge has become a premiere facility for men’s recovery.   […]

Read more...

Posted by admin - March 18, 2016 at 2:43 am

Categories: Latest Penny Stock News   Tags: , , , , , , , , ,

Penny Stock News: Black Ridge Oil & Gas, Inc. Updates Outlook Based on Current Oil Prices

MINNETONKA, Minn., Dec. 23, 2015 /PRNewswire/ — Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (OTCQB: ANFC) today provided an update on the Company to address the recent deterioration in oil prices. Since early November, West Texas Intermediate (WTI) oil prices for the 2016 calendar strip have dropped from nearly $ 52.00/barrel to recently trade below $ 40.00/barrel.  A price drop of this magnitude would have a $ 5 million negative impact on our 2016 operating income.  The significant drop in oil prices also has a material negative impact to the value of the Company’s collateral as determined in certain financial covenants related to our debt facilities.  As a result, there is significant uncertainty regarding the Company’s ability to meet the financial covenants with our lenders in the current and future quarterly reporting periods.  Black Ridge’s Management and Board of Directors are assessing strategic alternatives for our base assets, including the potential for asset sales. Ken DeCubellis, Chief Executive Officer, said, “While this price environment has an adverse impact on our base assets, it creates an opportunity for the Company to work with capital providers, including our previously announced Joint Venture with Merced Capital, to acquire distressed assets.  […]

Read more...

Posted by admin - December 23, 2015 at 2:41 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , ,

Penny Stock News: Rock Ridge Resources, Inc. (RRRI: OTC Pink Limited) | Rock Ridge Resources, Inc., Reports 2015 Nine-Months ended Record Profits of $ 6,570,613

LAKE ARROWHEAD, Calif., Dec. 19, 2015 /PRNewswire/ — The Board of Directors of Rock Ridge Resources, Inc. (Pinksheets: RRRI) are pleased to announce their 2015 third quarter earnings. Rock Ridge Resources, Inc. (OTC: RRRI), in an un-audited consolidated statement with its wholly owned subsidiary, Serenity Lodge, Inc., reported Total Income of $ 11,455,876 and net income of $ 6,570,613 for nine months ending on Sept. 30, 2015.  President & CEO, Daniel Voorhees stated, “We are very pleased with our performance and results through the third quarter.  We are on track to accomplish our 2015 goals, and are in the process of setting our 2016 objectives and forecasts.  We look forward to finishing 2015 on a strong note.”   This is the twelfth consecutive quarter that Rock Ridge has shown increased profits since 4th quarter 2012, when they took over management of the company. All divisions of the company: (1) oil factoring, (2) real estate and (3) Alcohol Drug Rehab, have shown consistent, continued growth and profits. Rock Ridge Resources is a petroleum company that provides capital and receivable financing for management, expansion and natural resources in the Texas area. The company has profitable real estate holdings in the Lake Arrowhead area. […]

Read more...

Posted by admin - December 19, 2015 at 8:08 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , , , , ,

Penny Stock News: Rock Ridge Resources, Inc., Reports 2015 Nine-Months ended Record Profits of $ 6,570,613

LAKE ARROWHEAD, Calif., Dec. 19, 2015 /PRNewswire/ — The Board of Directors of Rock Ridge Resources, Inc. (Pinksheets: RRRI) are pleased to announce their 2015 third quarter earnings. Rock Ridge Resources, Inc. (OTC: RRRI), in an un-audited consolidated statement with its wholly owned subsidiary, Serenity Lodge, Inc., reported Total Income of $ 11,455,876 and net income of $ 6,570,613 for nine months ending on Sept. 30, 2015.  President & CEO, Daniel Voorhees stated, “We are very pleased with our performance and results through the third quarter.  We are on track to accomplish our 2015 goals, and are in the process of setting our 2016 objectives and forecasts.  We look forward to finishing 2015 on a strong note.”   This is the twelfth consecutive quarter that Rock Ridge has shown increased profits since 4th quarter 2012, when they took over management of the company. All divisions of the company: (1) oil factoring, (2) real estate and (3) Alcohol Drug Rehab, have shown consistent, continued growth and profits. Rock Ridge Resources is a petroleum company that provides capital and receivable financing for management, expansion and natural resources in the Texas area. The company has profitable real estate holdings in the Lake Arrowhead area. […]

Read more...

Posted by admin - December 19, 2015 at 7:50 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , ,

Penny Stock News: Blue Ridge Bankshares, Inc. Maintains 2015 Momentum with Q3 Earnings

Blue Ridge Bank, since 1893. Facebook Twitter Pinterest LURAY, Va., Oct. 20, 2015 /PRNewswire/ — Blue Ridge Bankshares, Inc. (OTC Pink: BRBS), parent company of Blue Ridge Bank, announced today its unaudited financial results for the third quarter ended September 30, 2015.  The Company reported net income of $ 1,880,318 for the first nine months of 2015, or $ 1.36 per common share, compared to 2014 net income of $ 1,558,965, or $ 1.63 per common share, for the same period.  In addition, the Company was pleased to declare a dividend of $ 0.115 during the third quarter of 2015, which is an increase of 4.5% compared to the 2014 third quarter dividend of $ 0.11.  The dividend yield is 3.12% based on the October 19, 2015 share price. The Company experienced asset growth of 12.6% since the third quarter of 2014, which was largely fueled by growth in the Company’s held-for-investment loan portfolio of $ 22,584,377, or 12.7%.  The Company’s asset quality continues to be strong, as reflected in its nonperforming and nonaccrual loans.   Additionally, the Company’s deposit portfolio grew $ 17,732,105, or 9.94% since the third quarter of 2014, which included growth of $ 5,154,702, or 18.3% in […]

Read more...

Posted by admin - October 21, 2015 at 5:40 am

Categories: Latest Penny Stock News   Tags: , , , , , , , , , ,

Penny Stock News: Rock Ridge Resources, Inc. Reports 6-Month 2015 Financials

LAKE ARROWHEAD, Calif., Aug. 25, 2015 /PRNewswire/ — The Board of Directors of Rock Ridge Resources, Inc. (OTC:RRRI) are pleased to announce their 2015 six month financials. Rock Ridge Resources, Inc. (OTC:RRRI), in an un-audited consolidated statement with its wholly owned subsidiary, Serenity Lodge, Inc., reported Total Income of $ 10,813,561 and net income of $ 4,151,000 ending on June 30, 2015.  This is the eleventh consecutive quarter that Rock Ridge has shown increased profits since 4th quarter 2012, when they took over management of the company. All divisions of the company: (1) oil factoring, (2) real estate and (3) Alcohol Drug Rehab, have shown consistent, continued growth and profits. President, Daniel Voorhees states, “The consistent growth and expansion of the Alcohol Drug Rehab has allowed us to treat more men than ever in our company’s history.  This year, we expect to help more than 300 men suffering from addiction issues.  We look forward to expanding our treatment services to women at our new facility, in 2016.” Rock Ridge Resources is a petroleum company that provides capital and receivable financing for management, expansion and natural resources in the Texas area. The company has profitable real estate holdings in the Lake Arrowhead […]

Read more...

Posted by admin - August 25, 2015 at 4:40 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , ,

Penny Stock News: Black Ridge Oil & Gas Announces Second Quarter 2015 Results

MINNETONKA, Minn., Aug. 13, 2015 /PRNewswire/ — Black Ridge Oil & Gas, Inc. (“the Company”) (OTCQB: ANFC), a growth-oriented exploration and production company focused on non-operated Bakken and Three Forks properties, today announced financial and operating results for the three and six months ended June 30, 2015. Second Quarter 2015 Company Highlights Quarterly production increased 57% over the second quarter of 2014 to 102.2 thousand barrels of oil equivalent (“MBoe”), an average of approximately 1,123 barrels of oil equivalent per day (“Boe/d”) Oil and gas sales totaled $ 5.1 million, an increase of 75% over the first quarter of 2015 and a decrease of 9% from the second quarter of 2014 Added 5 gross (0.17 net) wells, increasing our total producing well count to 291 gross (8.96 net), an increase of 43% over the second quarter of 2014 Recorded $ 3.6 million of adjusted EBITDA, equal to the EBITDA generated in the second quarter of 2014 Reduced general and administrative expenses to $ 7.15 per Boe, a decrease of 27% from the second quarter of 2014 Recorded GAAP net loss for the quarter of $ 0.39 per diluted share, impacted by a non-cash impairment of $ 21.6 million ($ 0.34 per diluted share, net […]

Read more...

Posted by admin - August 14, 2015 at 2:11 am

Categories: Latest Penny Stock News   Tags: , , , , , , , , ,

Penny Stock News: Rock Ridge Resources, Inc. (RRRI: OTC Pink Current) | Rock Ridge Resources Inc., Reports First Quarter 2015 Profit of $2,040,000; Plans to Add 24 Additional Beds to Its Alcohol-Drug Rehab Facility

LAKE ARROWHEAD, CA–(Marketwired – Apr 23, 2015) – The Board of Directors of Rock Ridge Resources, Inc. (OTC PINK: RRRI) are pleased to announce their 2015 first quarter earnings. Rock Ridge Resources, Inc. (OTC PINK: RRRI), in an un-audited consolidated statement with its wholly owned subsidiary, Serenity Lodge, Inc., reported Total Income of $ 3,920,000 and net income of $ 2,040,000 in the first quarter ending on March 31, 2015.  This is the tenth consecutive quarter that Rock Ridge has shown increased profits since 4th quarter 2012, when they took over management of the company. All divisions of the company: (1) oil factoring, (2) real estate and (3) Alcohol Drug Rehab, have shown consistent, continued growth and profits. President, Daniel Voorhees states, “We will be completing 2 newly constructed residences and adding 2 existing residences in the second quarter. This will increase the current bed-count from 30 beds to 54 beds. The addition of 24 beds will increase revenue approximately five to six million dollars this year. We are on track for another record year in revenue and profits.” Rock Ridge Resources is a petroleum company that provides capital and receivable financing for management, expansion and natural resources in the Texas […]

Read more...

Posted by admin - April 23, 2015 at 5:01 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , , , , , , , , , ,

Next Page »