Archive for February, 2010

BVI-based investment fund opens new European offices

Friday, February 26th, 2010
Tranen Capital Ltd. (http://bvi-companies.blogspot.com/), an investment fund incorporated under the law of the British Virgin Islands, announced the establishment of the new offices for servicing European-based clients. One of the offices is located in Zurich, Switzerland and the other one is located in Dublin, Ireland.
Also, Tranen Capital Ltd. was the sponsor and speaker at the Institutional Investors Congress in Vienna, Austria, which was held on February 21-22, and will be present in this quality also in Monte Carlo, Monaco on June 14-17.
Tranen Capital is an alternative investment Fund focused on the Life Settlements market in the United States. Life Settlements is a growing industry with an expected growth rate of over $160 billion in the next several years.

Tranen Capital Ltd., an investment fund incorporated under the law of the British Virgin Islands, announced the establishment of the new offices for servicing European-based clients. One of the offices is located in Zurich, Switzerland and the other one is located in Dublin, Ireland.

Also, Tranen Capital Ltd. was the sponsor and speaker at the Institutional Investors Congress in Vienna, Austria, which was held on February 21-22, and will be present in this quality also in Monte Carlo, Monaco on June 14-17.

Tranen Capital is an alternative investment Fund focused on the Life Settlements market in the United States. Life Settlements is a growing industry with an expected growth rate of over $160 billion in the next several years.

BVI-incorporated StarBurn Software announced spin-off from Rocket Division Inc.

Monday, February 22nd, 2010
StarBurn Software Ltd. (http://www.starburnsoftware.com), a British Virgin Islands-registered provider of CD, DVD and Blu-Ray optical media solutions and technology, announced its spin-off from Rocket Division Inc., after securing the first round of investor funding.
StarBurn Software Ltd. will develop and distribute optical media storage technology and products line including StarBurn SDK and StarBurn Burning Software by accelerating sales through channel and aggressive marketing. New management and development team will undertake current products and advance them.
The customers of Rocket Division,  which is the major provider of high-performance technologies for the data storage, optical media and networking industry, are not required to make any payment to get the updates of StarBurn Software’s products.
StarBurn is a free tool for grabbing, burning and mastering CD, DVD, Blu-Ray and HD-DVD media. It is completely based on StarBurn SDK, supporting all types of optical storage media and a wide variety of burning hardware.

StarBurn Software Ltd., a British Virgin Islands-registered provider of CD, DVD and Blu-Ray optical media solutions and technology, announced its spin-off from Rocket Division Inc., after securing the first round of investor funding.

StarBurn Software Ltd. will develop and distribute optical media storage technology and products line including StarBurn SDK and StarBurn Burning Software by accelerating sales through channel and aggressive marketing. New management and development team will undertake current products and advance them.

The customers of Rocket Division,  which is the major provider of high-performance technologies for the data storage, optical media and networking industry, are not required to make any payment to get the updates of StarBurn Software’s products.

StarBurn is a free tool for grabbing, burning and mastering CD, DVD, Blu-Ray and HD-DVD media. It is completely based on StarBurn SDK, supporting all types of optical storage media and a wide variety of burning hardware.

Talon Metals signs agreement for granting interest of its Gold Project in Brazil

Tuesday, February 16th, 2010
The BVI-incorporated mineral exploration company Talon Metals Corp. (http://bvi-companies.blogspot.com/2007/09/talon-metals-corporation.html) made an announcement thath it has concluded an agreement with Gungnir Resources Inc. According to the agreement, Gungnir has been granted an option to earn up to 75% interest in Talon’s Juruena Gold Project, located in North Brazil.
By terms of the agreement between the BVI company and Gungnir, the purchasing company is required to make an initial payment in the amount of US$150,000. To exercise the option, Gungnir is required to make additional payments of US$300,000 on or before February 11, 2011, US$350,000 on or before February 11, 2012, US$450,000 on or before February 11, 2013 and US$500,000 on or before February 11, 2014. Total option payment of the company to Talon Metals is to make US$1.75 million. Additionally, Gungnir is required to complete the exploration program and a feasibility study on or before December 31, 2014 (the deadline may be extended to December 31, 2016).
When the company fulfils all the terms of the agreement, Talon will retain a 25% interest in Juruena. Prior to completing the feasibility study, Gungnir may acquire a 51% interest in Juruena.
In the past month, Talon Metals (http://finance.yahoo.com/q?s=TLO.TO) has sold its 2,450,000 common shares of Beadell Resources Limited (http://finance.yahoo.com/q?s=BDREF.PK) for gross proceeds of approximately CDN$711,000. The funds will be used for funding exploration programs of the BVI company.

The BVI-incorporated mineral exploration company Talon Metals Corp. made an announcement thath it has concluded an agreement with Gungnir Resources Inc. According to the agreement, Gungnir has been granted an option to earn up to 75% interest in Talon’s Juruena Gold Project, located in North Brazil.

By terms of the agreement between the BVI company and Gungnir, the purchasing company is required to make an initial payment in the amount of US$150,000. To exercise the option, Gungnir is required to make additional payments of US$300,000 on or before February 11, 2011, US$350,000 on or before February 11, 2012, US$450,000 on or before February 11, 2013 and US$500,000 on or before February 11, 2014. Total option payment of the company to Talon Metals is to make US$1.75 million. Additionally, Gungnir is required to complete the exploration program and a feasibility study on or before December 31, 2014 (the deadline may be extended to December 31, 2016).

When the company fulfils all the terms of the agreement, Talon will retain a 25% interest in Juruena. Prior to completing the feasibility study, Gungnir may acquire a 51% interest in Juruena.

In the past month, Talon Metals has sold its 2,450,000 common shares of Beadell Resources Limited for gross proceeds of approximately CDN$711,000. The funds will be used for funding exploration programs of the BVI company.

Euro Tech Holdings announced contracts awarded to its subsidiaries

Thursday, February 11th, 2010
Euro Tech Holdings Company Limited (http://bvi-companies.blogspot.com/2008/01/eurotech-holdings-company-limited.html), the BVI-registered company engaged along with its BVI- and HK-based subsidiaries in the manufacturing and distribution of products in the area of water and waste water treatment and environmental protection, announced that it subsidiary, Yixing PACT Environmental Technology Company Ltd. (http://bvi-company-news.offshore-journals.com/euro-tech-holdings-company-ltd-reports-contract-awarded-to-pact/237/), has been granted a contract by a Korean stainless steel company. The contract is worth about US$3.8 mln, covering design, supply, installation and commissioning of several water cooling and treatment systems in Jiangsu.
Also, an associated company of the BVI-incorporated Euro Tech (http://finance.yahoo.com/q?s=CLWT), Zhejiang Tianlan Environmental Technology Co. Ltd., has been awarded three contracts totally US$5.6 mln by the three companies in China. The contracts with Chinese companies cover design, supply, installation and commissioning of desulphurization equipment for various applications in cement, paper and petrochemical plants in the three provinces of Sichuan, Shandong and Zhejiang.

Euro Tech Holdings Company Limited, the BVI-registered company engaged along with its BVI- and HK-based subsidiaries in the manufacturing and distribution of products in the area of water and waste water treatment and environmental protection, announced that it subsidiary, Yixing PACT Environmental Technology Company Ltd., has been granted a contract by a Korean stainless steel company. The contract is worth about US$3.8 mln, covering design, supply, installation and commissioning of several water cooling and treatment systems in Jiangsu.

Also, an associated company of the BVI-incorporated Euro Tech, Zhejiang Tianlan Environmental Technology Co. Ltd., has been awarded three contracts totally worth US$5.6 mln by the three companies in China. The contracts with Chinese companies cover design, supply, installation and commissioning of desulphurization equipment for various applications in cement, paper and petrochemical plants in the three provinces of Sichuan, Shandong and Zhejiang.