(THLD, CYH, DEJ, MJGCF, TLR) Notable Stock by PennyOmega.com

Threshold Pharmaceuticals, Inc. (NASDAQ:THLD), a biotechnology company that engages in the discovery and development of drugs targeting the microenvironment of solid tumors for patients living with cancer, recently announced that a global agreement was signed with Merck KGaA, Darmstadt, Germany, to co-develop and commercialize TH-302, Threshold Pharmaceuticals’ small molecule hypoxia-targeted drug. TH-302 is currently being investigated in a global Phase 3 clinical trial in patients with soft tissue sarcoma, a randomized Phase 2 trial in patients with advanced pancreatic cancer from which top-line results are expected in February, as well as additional clinical studies in other solid tumors and hematological malignancies.
Under the terms of the agreement, Merck will receive co-development rights, exclusive global commercialization rights and will provide Threshold Pharmaceuticals an option to co-commercialize the therapeutic in the United States. In exchange, Threshold Pharmaceuticals will receive an upfront payment of $25 million and could receive up to $35 million in additional development milestones during 2012. Threshold Pharmaceuticals is also eligible to receive a $20 million milestone payment based on positive results from its randomized Phase 2 trial in pancreatic cancer. Total potential milestone payments are $525 million, comprised of $280 million in regulatory and development milestones and $245 million in sales-based milestones.
For more information about Threshold Pharmaceuticals, please visit: www.thresholdpharm.com
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Community Health Systems, Inc. (NYSE:CYH) announced that it will provide an online Web simulcast and rebroadcast of its fourth-quarter and year-end 2011 conference call. The Company will issue a press release announcing its results on Tuesday, February 21, 2012, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Wednesday, February 22, 2012. A live broadcast of the conference call will be available online at www.chs.net and www.earnings.com. To listen to the live call, please go to the web site at least 15 minutes early to register, download, and install any necessary audio software. The online replay will follow shortly after the call and continue through March 22, 2012.
Community Health Systems, Inc., together with its subsidiaries, provides healthcare services through the operation of hospitals in the United States.
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Dejour Energy Inc. (AMEX:DEJ) an independent oil and natural gas company, announced that it will participate in the following two leading micro-cap conferences during the month of March 2012 to discuss the outlook for the Company: Roth Capital Partners’ 24th Annual Conference in Dana Point, California, March 11-14, 2012 and Maxim Group Growth Conference in New York, New York March 26, 2012. The presentation time and audio web cast details will be made available for the financial community and investors through the Investor section of Dejour’s corporate website at http://www.dejour.com.
Dejour Energy Inc. engages in acquiring, exploring, and developing energy projects with a focus on oil and gas exploration in Canada and the United States.
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Majestic Gold (MJGCF.PK)
Gold is one of the oldest and most beloved commodities in the world. History is laced with the search for this precious metal. Through the ages, gold has had a number of varied uses including as jewelry and adornment of the body, as embellishment of art, as currency or trade, and, in recent times, as a component in the manufacturing of consumer goods.
As the most flexible and ductile metal, gold is often recycled, reused, and repurposed for different applications. It is most malleable in its purest state of 24k. Varying colors such as white or rose gold can be created by adding copper, silver, palladium, or nickel. You can determine whether your gold is a blend by looking at the stamped karat number on the piece in question (24k being pure, anything less, such as 22k, 18k, etc. would indicate a mix).
Majestic Gold Corp. 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, please visit their website: http://www.majesticgold.net
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Timberline Resources Corporation (AMEX:TLR) is pleased to announced the appointment of Steve Osterberg, Ph.D., P.G., Q.P. as the Company’s Vice-President of Exploration.
Timberline Resources Corporation engages in the exploration and development of mineral properties in the western United States. It primarily explores for gold, silver, and copper.
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