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Thorium Power, Ltd. (OTCBB: THPW), is trading higher today on news released from the company. THPW opened at .24 and has hit an intrday high of .265 on very good volume of 2,579,000 shares traded. The news is as follows:
MCLEAN, VA -- (MARKET WIRE) -- 08/01/08 -- Thorium Power, Ltd. (OTCBB: THPW), the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for emerging nuclear programs, today announced that it has entered into two new agreements for consulting and strategic advisory services.
The agreements are consistent with, and a result of, the UAE policy published in April 2008, for the evaluation and potential implementation of peaceful nuclear energy. Under one agreement, Thorium Power will provide strategic advice for the structuring and launch of Emirates Nuclear Energy Corporation (ENEC), the vehicle of the Government of the Emirate of Abu Dhabi that will develop and oversee nuclear energy development. Pursuant to the other agreement, Thorium Power will provide strategic advice for the development and launch of an independent nuclear regulatory agency in the UAE -- Federal Authority for Nuclear Regulation (FANR). The new agreements provide for pre-payment of $10 million USD upon signing by the government of Abu Dhabi with an additional pre-payment of $7 million USD to be paid upon formation of ENEC and FANR.
TBCO | Tobacco One Announces Wal-Mart Mexico To Display New Cigarette Line
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Aug 1, 2008 9:00:00 AM
Copyright Business Wire 2008
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
Tobacco One, Inc. (Pink Sheets:TBCO) is pleased to announce that it has obtained authorization to place its newly acquired Rojo's brand cigarettes and proprietary cigarette displays at 143 Wal-Mart Supercenter stores and 63 of Wal-Mart's Superama stores throughout the country of Mexico.
Tobacco One will install approximately 3,000 cigarette displays, one at each check-out location, within the Wal-Mart Mexico organization.
"The installation of our proprietary cigarette displays and the placement of the Rojo's cigarette brand within this prestigious organization is an impressive accomplishment for Tobacco One and its management team," said Shawn Ulizio, President, Tobacco One. "Wal-Mart is the world's largest retailer and we are very excited about the level of exposure this agreement will bring to Tobacco One and its newly acquired Rojo's cigarette brand."
The Rojo's product display implementation will rollout during the month of August and should be completed within 90 days.
Aug 1, 2008 9:00:00 AM
Copyright Business Wire 2008
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
Tobacco One, Inc. (Pink Sheets:TBCO) is pleased to announce that it has obtained authorization to place its newly acquired Rojo's brand cigarettes and proprietary cigarette displays at 143 Wal-Mart Supercenter stores and 63 of Wal-Mart's Superama stores throughout the country of Mexico.
Tobacco One will install approximately 3,000 cigarette displays, one at each check-out location, within the Wal-Mart Mexico organization.
"The installation of our proprietary cigarette displays and the placement of the Rojo's cigarette brand within this prestigious organization is an impressive accomplishment for Tobacco One and its management team," said Shawn Ulizio, President, Tobacco One. "Wal-Mart is the world's largest retailer and we are very excited about the level of exposure this agreement will bring to Tobacco One and its newly acquired Rojo's cigarette brand."
The Rojo's product display implementation will rollout during the month of August and should be completed within 90 days.
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