Los Angeles, CA - December 19, 2012 - - USA Graphite Inc (OTC: USGT) is currently trading at $0.600 on a traded volume of 53k shares. The Company is reviewing high quality graphite targets in the Southwest sector of the USA. The Company looks to add projects that can host large tonnage high carbon content flake graphite. This type of graphite is particularly valuable for lithium ion battery and graphene production.
The Company announced the inclusion of Mr. Roger W. Szelmeczka to advice on environmental matters. Graphite Corp is a publicly traded Elko. The Company is a Nevada-based resource exploration stage company focused on the evaluation and development of graphite based deposits within the United States.
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FIMA INC(PINKSHEETS: FIMA) jumped up 62.5%to $0.008.The Company has signed a Definitive Purchase Agreement to acquire American Eagle Operating LLC of Dallas, TX for a deal price of 3.5 million dollars. The purchase price reflects the underlying cash flow derived from oil leases that American Eagle owns and the price is supported by an independent reserve report dated September 24th, 2012 prepared by Nova Resource Inc. American Eagle will become a wholly owned subsidiary of Fima Inc at closing, which is expected the week of December 17th, 2012.
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The X-Change Corporation(PINKSHEETS: XCHC) increased 13.68% to $0.108.X-Change Corporation has acquired both the Cannabis Science Inc"Phytiva" Brand of products. This includes all associated rights and companies and the CBIS European joint venture with Dupetit Natural Products, GmbH. Dupetit brings a successful 18-year history as cutting-edge German hemp Cosmoceutical and Nutraceutical specialty enterprise.
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Graystone Company Inc(PINKSHEETS: GYST) is currently trading at $0.0031.The Company announced that the Company’s equipment, which was manufactured in the United States and shipped to Peru has arrived at the Port of Lima. The Company expects the equipment to clear customs in approximately 7-10 days.The Company is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties.
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Southridge Enterprises Inc (PINKSHEETS: SRGE) escalated 2.82% to $0.0073. The Company’s wholly owned subsidiary, Southridge Minerals announced a cash dividend of $0.0002 per common share, payable on December 28, 2012 to shareholders of record at the close of business December 21, 2012. The Company is a renewable energy company. The Company seeks to engage in the production and marketing of ethanol and other renewable fuels in the south eastern region of the United States.
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